No VC invested in more European Tech companies in 2014 than Germany-based seed investor High-Tech Gruenderfonds. The company invested in a slew of seed rounds, as well as a few Series A and B financings, including a $17.81M Series B to Outfittery, a Berlin-based company that uses personal stylists to make it easier for men to shop for clothes, similar to what Trunk Club (acquired by Nordstrom for $350M in August 2014) does. (Note: All the top investors in Europe are detailed in our 2014 European Tech Report)
Index Ventures was the second most-active VC in EU Tech in 2014. They invested across multiple countries including France, Germany, UK, Sweden, and Netherlands. The largest round they participated in was BlaBlaCar’s $100M Series C financing, followed by Funding Circle’s $65M Series D.
Accel Partners rounded out the top three, also investing in BlaBlaCar’s Series C, as well as UK-based Alfresco Software’s $45M growth equity financing and WorldRemit’s $40M Series A. WorldRemit is part of a growing wave of startups disrupting Western Union and Moneygram.
The full list of the most-active European Tech VCs in 2014 below.
| Rank | Investor | Rank | Investor |
|---|---|---|---|
| 1 | High-Tech Gruenderfonds | 10 | Alven Capital |
| 2 | Index Ventures | 10 | Kima Ventures |
| 3 | Accel Partners | 13 | Point Nine Capital |
| 4 | German Startups Group | 13 | DN Capital |
| 5 | Octopus Ventures | 13 | Earlybird Venture Capital |
| 5 | Balderton Capital | 16 | Partech Ventures |
| 7 | Northzone Ventures | 17 | LVenture |
| 7 | Creandum | 17 | Caixa Capital Risc |
| 9 | Sunstone Capital | 17 | Beringea |
| 10 | Notion Capital | 17 | Holtzbrinck Ventures |
For more data surrounding VC activity in EU Tech, sign up for the 2014 European Tech Report. To access the underlying data, login to CB Insights or sign up for free below.
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