Funding · by stage
The funding ladder
Every European funding stage, benchmarked from the round tracker: what a round is at each rung, its median size, and who is actually raising there. Each rung opens the full stage hub - data, largest rounds, and the investors who lead.
Stages tracked7
Rounds tracked1,113
Capital tracked€37.7B
Counted from disclosed rounds · EUR-converted at desk rates · methodology on the data desk
Rung 0Pre-seed
Median round€1.8M
Capital tracked€298.5M
Rounds128
Largest€12.8M
Stage hub →
Rung 1Seed
Median round€4M
Capital tracked€3.2B
Rounds364
Largest€891.4M
Stage hub →
Rung 2Series A
Median round€14.2M
Capital tracked€6B
Rounds312
Largest€200M
Stage hub →
Rung 3Series B
Median round€30.5M
Capital tracked€5.7B
Rounds128
Largest€304M
Stage hub →
Rung 4Series C
Median round€70M
Capital tracked€8B
Rounds59
Largest€1.2B
Stage hub →
Rung 5Series D+
Median round€144.5M
Capital tracked€6.8B
Rounds16
Largest€3B
Stage hub →
Rung 6Growth
Median round€34M
Capital tracked€7.7B
Rounds106
Largest€1B
Stage hub →