What is the fundraising environment for tech companies in Europe?
Silverpeak, the mid-market technology specialist that represents European growth businesses in M&A and financing transactions, has produced in-depth research where they look at Series B&C investment rounds in European tech companies. It covers total capital invested, average deal sizes, frequent investors, and investments by country, among other statistics. The aim of this report is to provide readers with a good understanding of the fundraising environment for tech companies in Europe.
Pietro Strada, the Managing Partner of Silverpeak, commented that “It’s positive to see the continued strength in B&C round investments in European technology companies in the first half of 2022 due to market expansion in almost every tech vertical and an increase in the depth and size of the private capital pool. However, we anticipate a slowdown in the second half with an increasing focus on quality assets. We are moderately optimistic about the year ahead but are looking at the market with cautiousness.”
Download the full report from here.
What are some of the highlights?
€13.4bn was invested in European Tech Series B&C rounds in H1 2022, remaining on par with 2021 highs despite the current global recession.
Source: The State of the Market for Series B&C Rounds in European Tech Companies, September 22
Total Series B investment continued to increase for the 7th consecutive half year, while Series C has continued to decline since peaking in H1 2021.
Source: The State of the Market for Series B&C Rounds in European Tech Companies, September 22
The pool of frequent B round investors was exceptionally large with 41 investors participating in 8 or more Series B funding rounds from 2020-H1 2022, but only a few led investments frequently.
Source: The State of the Market for Series B&C Rounds in European Tech Companies, September 22
The UK continues to attract the most Series B&C investment of any country in Europe. The €4.8bn invested in the UK surpasses the next two countries combined: Germany (€2.7bn) and France (€1.7bn).
Download the full report from here.
About Silverpeak
Silverpeak is a mid-market technology specialist representing European growth businesses in M&A and financing transactions. Their clients are mostly growth-stage companies in software, deep tech and business services.
