Sectors/Media/2011

Media funding in 2011

European Media startup funding raised during 2011.

In 2011, 122 European Media companies closed 131 funding rounds and raised €413M in equity funding (excluding debt and grants). Debt rounds added €1.1M. Sweden led by capital raised, and Index Ventures was the most active investor. Data as of 6 Nov 2026.

Equity funding

€413M

excl. debt & grants · +€1.1M debt

Funding rounds

131

Companies

122

Top country

Sweden

Media: last three years

change vs the year before

Year	Equity	Change	Rounds	Change	Debt
2009	€159M	-38.3%	70	+6.1%	€1.1M
2010	€184M	+15.5%	86	+22.9%	—
2011	€413M	+124.9%	131	+52.3%	€1.1M

Break down 2011 by period

Half-year

H1 H2

Quarters

Q1 Q2 Q3 Q4

Months

Jan Jun Nov

Rank among sectors

11.0% of sector funding

Debt financing

€1.1M

0.3% of total

Top-10 round share

64.3%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€43M	19
Feb	€37M	12
Mar	€5.6M	5
Apr	€6.3M	9
May	€30M	8
Jun	€122M	16
Jul	€14M	8
Aug	€56M	9
Sep	€78M	12
Oct	€4.5M	9
Nov	€15M	15
Dec	€2.1M	9

Top countries

by € raised

Data table

	Media — top countries by capital, 2011
Sweden	€92M
UK	€71M
Russia	€70M
Israel	€64M
France	€48M
Germany	€27M
Austria	€14M
Switzerland	€6.8M

Stage mix

by € raised

Data table

	Media — stage mix, 2011
Growth/Late	€94M
Series B	€87M
Series D+	€83M
Series C	€39M
Early VC	€38M
Series A	€38M
Seed	€21M
Other	€15M
Debt	€1.1M
Grant	€250k

Exits & M&A

9 Acquisition

9 exits · €83M disclosed.

Pilat Media	Acquisition	May 2011	€76M
Readmill	Acquisition	Sep 2011	€7.3M

Largest equity rounds

by disclosed amount, 2011

Company	Stage	Date	Amount
Spotify	Series D+	Jun 2011	€70M
Ozon	Growth/Late	Sep 2011	€69M
Teads	Series B	Aug 2011	€23M
Shazam	Series C	Jun 2011	€22M
Ebuzzing	Series B	Aug 2011	€18M
Icon	Growth/Late	Jun 2011	€17M
Kaltura	Series C	Feb 2011	€15M
AddThis	Series D+	May 2011	€13M
Oocto	Early VC	May 2011	€10M
Valens Semiconductor	Series B	Jul 2011	€9.7M

Largest debt rounds

debt financing, 2011; not in the equity total

Company	Stage	Date	Amount
fotopedia	Debt	Nov 2011	€1.1M

View all 131 Media deals in 2011 →

Top investors

most active in 2011, by deal count

Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology

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