Our partner INVYO identified the retail and retail tech companies in the U.K., France, Spain and Italy which raised funds in the first 9 months of 2024. The analysis, which runs from the beginning of January to the end of September, covers companies with fewer than 1,000 staff.
This shows a panel of 73 companies that raised funds over this 9-month period. The majority (56%) are retail tech players (41 companies) and 44% are retailers (32 companies). Most of these (38 companies) are British, 17 are French, 9 are Italian and as many are Spanish.
OneStock : Europe’s largest fundraising in 2024
Within this panel, 21 companies have not communicated the latest amount raised over the 9 months of 2024, as it is not public, and 52 companies have. This represents a total of €268 million, or an average of €5.1 million per round. 90% of this amount went to retail tech start-up.
The largest round of 2024 was that of France’s OneStock.