Healthcare’s 3.9pp rise contrasts with Finance’s 7.6pp retreat in early-stage funding shares
- Healthcare & Life Sciences funding share rose 3.9 percentage points
- Energy, Environment & Mobility gained 1.8 percentage points
- Finance & Blockchain share dropped 7.6 percentage points
Across the 817 early-stage deals Brouky tracks in Spain and Switzerland, Healthcare & Life Sciences led sector share gains with a 3.9 percentage point increase from 15% to 18.9% between 2021 and 2024. This growth contrasts with Finance & Blockchain’s 7.6 percentage point drop, falling from 16.6% to 8.9%, marking the largest sector retreat in this period. These share shifts may partly reflect expanding data coverage.
Energy, Environment & Mobility also increased its share by 1.8 percentage points, rising from 8.7% to 10.5%. Meanwhile, Software & Developer Tools and Industry & Hardware saw moderate share increases of 2.4 and 2.1 percentage points, respectively.
The median funding round sizes reflect these dynamics: Energy rounds command a median of €8.5 million, the highest among reported sectors, while Healthcare rounds have a median of €7 million. Finance rounds, despite losing share, maintain a median size of €5.75 million.
Related insights
- Cross-Country AnalysisEnergy, Environment & Mobility funding share rose 2.2pp, while Commerce & Marketing fell 3.7pp from pre-seed to seed
- Deal SpotlightHadrian raises EUR1.256B Series C+ with Washington Harbour and WCM Investment Management
- Deal SpotlightAsuene raises EUR82.35M Series C+ with Decarbonization Partners, Incubate Fund, SPARX Asset Management
- Deal SpotlightAceVector raises EUR46.2M Series C+ backed by NIIs, QIBs, retail investors
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