If you are wondering which countries helped contribute to these high funding rounds, the answer is a little less ambiguous. Germany and the UK accounted for nearly 50 percent of all acquired capital in Europe. While that number may seem impressive, both countries saw a drop from previous years. The UK was just slightly down in funding from the fourth quarter of 2015, while Germany experienced a drop for the fourth quarter in a row, coming in at just under $400 million. Feel free to check out this list below of the top 10 funding rounds in Europe for the first quarter of 2016:
$1 Billion – Spotify (Convertible Note): Music streaming service. Photo: Flickr / Sorosh Tavakoli
$192 Million – Skyscanner (Series C): Travel search engine.$109 Million – Deezer (Series E): Music streaming service.$86 Million – MISSION Therapeutics (Series C): Biotech company focused on cancer drug and novel therapeutic discovery.$60 Million – Student.com (Venture Capital): International student accommodation booking platform.$60 Million – Autolus (Series B): Biopharmaceutical company developing cancer immunotherapies.$54 Million – Blippar (Series D): Augmented reality and visual discovery app developer.$50 Million – Aprea (Series B): Biotech company focused on cancer drug discovery.$50 Million – HighQ (Growth Equity): Enterprise collaboration and data room software provider.$49 Million – Xolution (Undisclosed): Resealable beverage can manufacturer.
