Blog Posts

European VC Landscape – February 2023

With 410 investments, February continues following the decline of European VC investments. In our exploration of this month's landscape, we illuminate the current trends, noteworthy investments, and key personalities shaping the dynamic entrepreneurial environment.

02.02.2023

In 2023, European VC investments continue to decline for now half a year with 410 investments in February.

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

Number and amounts of announced funding rounds September 2022 to February 2023.
* All data from crunchbase, as of March 6th, 2023

Software startups are once again the most popular investments

  • During the month of February, 410 financing rounds were announced.
  • The total amount invested in the announced financing rounds decreased to $2.7bn from $3.4bn in January.
  • Once again, most investments were made in Software companies, amounting to 106 investments, followed by information technology (61). In February, investments in AI companies make up the third place (41).

Top 10 industries of financed startups according to the number of conducted investments

Top 10 industries of financed startups according to the number of conducted investments February 2023.

Antler is the most active investor of February; 164 seed rounds were conducted

Investors with the highest number of investments in February

Investors with the highest number of investments in February 2023.

Number and total volume of financing rounds per stage

Number and total volume of financing rounds per stage February 2023.

Largest round was a Series B Round of $135.0mn

In February, most investments rounds were Seed Rounds. Despite that, the largest volume of invested money was in 56 Series A Rounds ($712.1mn).

Table comparing investment rounds in February 2023.

London, UK, is once again the European startup hotspot of the month

  • Not only were the most investments conducted in the UK (#117), but the highest volume was also invested there during February ($964.6mn).
  • When ranking by invested volume instead of number of investments, Copenhagen ($144.7) takes the third place for cities and Denmark ($193.7) fourth place for countries.
Map showcasing the countries with most investments in February 2023.

In the spotlight: hemab raised $135mn in February with the help of 9 investors

Company

Hemab logo.
Industry

Biotech/Pharmaceutical

Founded in

2017, Copenhagen

One-Sentence-Pitch

Hemab is a clinical-stage biotech company developing prophylactic therapeutics for serious, underserved bleeding and thrombotic disorders.

Financing round

Money raised

$135mn

Company valuation

Series B

Type of financing round

Series B

Comment/Quote

The financing will support Hemab’s scientific and corporate growth plans through 2025, including completion of two Phase 1/2 clinical studies, initiation of pivotal studies and future pipeline evolution. (BioSpace.com)

Investors

Logos of Hemab's investors.

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 both 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

Events Trustventure’s Successful Debut of FINE in Berlin Our Founders and Investors Networking Event (FINE) Berlin was a great success! Thanks to all the amazing people that attended, we managed to bring together a vibrant community of like-minded people. If you couldn't make it this time, here's a recap of everything you missed. February 28, 2024
Design for Trustventure's Investors and Founders event with Germany's map in the background Events Join our Founders and Investors Networking Event (FINE)! Together with French Tech Berlin we are happy to debut FINE, a Networking Event for Founders and Investors! Get your free ticket for an evening filled with drinks, music, and pitches! January 23, 2024
Black and white pine tree in a snowy scenerio VC Landscape European VC Landscape – December + 2023 Recap 2023 was an year of many ups and downs for Venture Capital, having ended with a 33% decrease of invested volume. To learn more, explore our analysis of this month's data plus an in-depth recap of 2023's scenerio. January 22, 2024
Black and white Winter scene with many trees and a clear lake VC Landscape European VC Landscape – November 2023 Even though November ended with a decrease in the number of investments, it also marked a 35% increase in the VC investment volume. Explore all the details in this month's analysis. December 12, 2023
Orbit of images around Trustventure and REHAU logos. Text: 'Trustventure's expertise empowers REHAU New Ventures. Partnership Trustventure’s expertise empowers REHAU New Ventures’ diverse portfolio REHAU New Ventures is a corporate venture arm of REHAU, dedicated to crafting and investing in business models aligned with the company's objectives. Discover how their partnership with Trustventure was decisive to empower strategic growth and calculated decisions. December 12, 2023
Black and white photo of a trail inside the closed woods VC Landscape European VC Landscape – October 2023 Following the surge in September, October recorded a notable decrease of 28% in VC investments. Explore our analysis to access all the key insights of October's investment landscape. November 21, 2023
Orbit of images around World Host Group and Wingu Networks logos. Text: 'Trustventure advised in the aquisition of aifora by CentricSoftware' M&A Trustventure advised in the acquisition of Wingu Networks by World Host Group World Host Group, a global leader in web hosting and cloud services, just announced the acquisition of Wingu Networks. Trustventure advised Wingu’s Management Team with Financial Due Dilligence. November 6, 2023
Design with post title and illustration of a hand reaching the right decision Valuation 2022 IPEV Guidelines Update: Impacts on PE and VC Valuations Unraveling the 2022 IPEV Guidelines Update: from governance enhancements to ESG integration, explore the critical shifts shaping Private Equity and Venture Capital investments. Read our analysis on the key changes and implications for fund managers, ensuring transparency in this dynamic financial landscape. October 16, 2023
Black and white photo of a mountain landscape with trees and rocks. VC Landscape European VC Landscape – September 2023 After experiencing two months of decline, September saw a substantial surge in VC investments when compared to the previous month. To gain a comprehensive understanding of the current month's scenario, we encourage you to read our in-depth analysis, where you can uncover all the details. October 6, 2023
Orbit of images around aifora and CentricSoftware logos next to the blog post's title. M&A Trustventure advised in the acquisition of aifora by Centric Software Centric Software®, the foremost leader in Product Lifecycle Management (PLM), just announced the acquisition of aifora™. Trustventure advised aifora's Management Team on the preparation and execution of the Exit process with active support in Due Diligence, Q&A and SPA-Negotiation within the transaction. September 19, 2023
All articles