VC-backed European Tech companies raised $2.5B in Q1’15 hitting a 17-quarter high. The funding was buoyed by five $100M+ rounds with food delivery titan Delivery Hero’s $563M financing by Rocket Internet taking the pole position.
The other top deals were largely concentrated in eCommerce and in the UK or Germany, as companies like HelloFresh, Foodpanda, FarFetch, and WindeIn.de all raised $50M+ rounds. Overall the top 10 deals raised a total of $1.36B in Q1’15.
The full list below.
| Company | Country | Amount ($M) | Round | Select Investors |
|---|---|---|---|---|
| Delivery Hero | Germany | 563 | Corporate Minority | Rocket Internet |
| HelloFresh | Germany | 126 | Series E | Insight Venture Partners, Rocket Internet |
| SigFox | France | 115 | Series C | Telefonica, Partech Ventures, Intel Capital, SK Telecom Ventures |
| Foodpanda | Germany | 110 | Series D | Rocket Internet, Falcon Edge Capital |
| WorldRemit | United Kingdom | 100 | Series B | Accel Partners, Technology Crossover Ventures |
| Verne Global | United Kingdom | 98 | Series D | General Catalyst Partners, Novator, Stefnir |
| FarFetch | United Kingdom | 86 | Series E | Digital Sky Technologies, Conde Nast, Vitruvian Partners |
| TransferWise | United Kingdom | 58 | Series C | Andreessen Horowitz, IA Ventures, Valar Ventures |
| TTTech Computertechnik | Austria | 54.89 | Venture Capital | Audi, GE Ventures, Infineon Technologies |
| Windeln.de | Germany | 52.31 | Series E | Goldman Sachs, DN Capital, 360 Capital Partners |
Want more data around European Tech Financings? Get our Q1 2015 EU Tech Report, login to CB Insights, or sign up for free below.
If you aren’t already a client, sign up for a free trial to learn more about our platform.