E-commerce funding in Q3 2024

European E-commerce startup funding raised during Q3 2024.

In Q3 2024, 17 European E-commerce companies raised a combined €286M across 17 funding rounds, down 72.8% versus Q3 2023. Germany led by capital raised, and Mittelständische Beteiligungsgesellschaft Mecklenburg-Vorpommern was the most active investor. Data as of 9 Jul 2026.

Total funding

€286M

-72.8% vs Q3 2023

Funding rounds

-43.3% vs Q3 2023

Companies

Top country

Germany

Rank among sectors

2.6% of sector funding

Debt financing

€18M

6.2% of total

Top-10 round share

98.9%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top countries

by € raised

Stage mix

by € raised

Top deals

largest disclosed rounds in Q3 2024

Company	Stage	Date	Amount
Flink	Other	Sep 2024	€135M
Grover	Other	Jul 2024	€50M
Carwow	Other	Jul 2024	€48M
Ovoko	Series B	Sep 2024

View all 17 E-commerce deals in Q3 2024 →

Top investors

most active in Q3 2024, by deal count

Mittelständische Beteiligungsgesellschaft Mecklenburg-Vorpommern1 deals
Abac Nest Ventures1 deals
Accel1 deals
Alessandro Renzi1 deals
Angels 4 Impact1 deals
Augmentum1 deals
Balderton Capital1 deals
Bessemer Venture Partners1 deals
Bond1 deals
Circularity Capital1 deals

← All 2024 E-commerce funding