Blog Posts

European Venture Capital Landscape – April 2024

April shows a 17% increase in invested VC volume and an AI company wins the largest Seed-Round of the month. Learn all about it in our in-depth analysis

24.05.2024

Invested VC volume increased by 17% in April compared to the previous month

Number and amounts of announced funding rounds over the past 6 months*

(1) All data from CrunchBase, as of May 7, 2024

Software startups lead with 75 investments. The AI trend persists, with 39 investments in AI startups, equal to the number of investments in IT startups.

  • During April, 389 financing rounds were announced.
  • The total amount invested in the announced financing rounds was $$3.2bn, a 17% decrease since last month.
  • Most investments were made in AI businesses, amounting to 39 investments.
Top 10 industries of financed startups according to the number of conducted investments

SFC Capital was the most active VC investor

Investors with the highest number of investments in April
Number and total volume of financing rounds per stage

The largest round of April was a Series A Round of  $214.8mn

In April, most investment rounds were Seed Rounds (~36%). Despite that, the largest volume of $933mn was invested in 102 Venture Rounds.

London is the European VC industry hotspot, while Paris takes the 2nd spot

  • The most investments in April were conducted in the UK (138), followed by France (49) and Germany (40).
  • When ranking by investment volume instead of the number of conducted investments, London and Paris maintain their top two positions, but Saint-Denis and Dublin move up to positions 3 and 4, respectively, surpassing Berlin.

In the spotlight

Largest Round: HysetCo raised €200mn ($214.8mn)

Company
Industry

Energy management

Founded in

2020, Saint-Denis (France)

One-Sentence-Pitch

HysetCo is a pioneering hydrogen mobility start-up that helps its clients shift to zero-emission transportation.

Financing round
Money raised

€200mn

Type of financing round

Series A

Investors

Largest Seed-Round: FlexAI raised $30mn

Company
Industry

AI

Founded in

2023, Paris

One-Sentence-Pitch

FlexAI delivers universal AI compute by rearchitecting compute infrastructure at a system level.

Financing round
Money raised

$30mn

Type of financing round

Seed-Round

Investors

Private equity acquisitions increased by 37%

The number of PE acquisitions increases compared to VC investments
  • In April, 37 PE acquisitions were conducted, representing a share of 9% of all investment rounds (VC + PE) in April (426). This is the highest share in the last 6 months.
  • With a total of 6 acquisitions, London saw the highest number of companies acquired during the month of April, followed by Amsterdam with 4.
Highlight of European PE acquisitions in April
Largest known acquisition  – $5.3bn

 

Aquirer

Thoma Bravo

(Chicago-based PE firm)

 

Acquiree

Darktrace

(AI cybersecurity solutions)

Partner with us

Unlock the full potential of your financial strategy with Trustventure’s expert guidance. Whether you’re navigating challenges in the financial sector, seeking advice on corporate financing, or enhancing your planning and controlling processes, we’re here to empower your journey and help you create transparency and confidence for you and your investors.

Ready to elevate your financial game? Reach out to us today using our contact form or drop us a direct message at office@trustventure.de. Work with us to achieve your financial success! 🚀

Other articles

M&A European Roll-Up Market Report – March 2025 March 2025 presented a 18% year-over-year decline in the number of PE-backed acquisitions. PEs like KKR and Atwater are consolidating the European Media & Entertainment industry, as exemplified by this month's case study of Mediawan. Learn all about it in our report and case study. April 22, 2025
VC Landscape Germany Venture Capital Landscape – Q1 2025 Between a decrease of 22% in invested VC volume and a €240mn funding round, Germany is closing its venture capital landscape Q1 2025. Learn all about it in our latest analysis. April 14, 2025
VC Landscape European Venture Capital Landscape – March 2025 March 2025 presented a significant 150% surge in invested Venture Capital volume in Europe and Binance secured $2.0 billion in funding. Learn all about it in our in-depth analysis. April 7, 2025
M&A European Roll-Up Market Report – February 2025 February 2025 presented a 20% dip in the number of PE-backed acquisitions. However, one acquisition was conducted in the LegalTech industry, which is currently undergoing consolidation. Learn all about it in our report and case study. March 26, 2025
M&A European Roll-Up Market Report – January 2025 January 2025 presented a 25% increase in the number of PE-backed acquisitions. This month, we spotlight HR Path, a firm that has acquired 10 companies since 2020. Learn all about it in our report and case study. March 19, 2025
VC Landscape European Venture Capital Landscape – February 2025 February 2025 presented a significant 16% dip in invested Venture Capital volume in Europe and two Health Care startups present the largest overall and largest Seed funding rounds. Learn all about it in our in-depth analysis. March 12, 2025
VC Landscape European Venture Capital Landscape – January 2025 January 2025 presented a slight 1% dip in invested Venture Capital volume and the recently founded Biotech startup Verdiva Bio raised $411 million. Learn all about it in our in-depth analysis. February 7, 2025
VC Landscape 2024 Recap: European Venture Capital & Private Equity Landscape 2024 presented an 3% increase in invested Venture Capital volume and the AI Startup Wayve raised the largest round of the year. Learn all about it in our in-depth analysis. January 24, 2025
VC Landscape Germany Venture Capital Landscape – Q4 2024 Between a decrease of 5% in invested VC volume and a €150mn funding round, Germany is closing its venture capital landscape Q4 2024. Learn all about it in our latest analysis. January 9, 2025
VC Landscape European Venture Capital Landscape – December 2024 December 2024 presented an 4% increase in invested Venture Capital volume and Renewable Energy Provider "1Komma5°" raised $156.5 million. Learn all about it in our in-depth analysis. January 9, 2025
All articles