Twenty-four Dutch startups have raised a bit more than 1000 million euros in the first quarter of 2018 (up until april 16). The median funding amount was 1 million euros. Below is a table with links to all the deals.
For this analysis we looked at deals reported here on startupjuncture, but also on deals listed in the Crunchbase database. Where possible we tried to validate the funding reports from Crunchbase with press releases from the company itself, since the amount of funding reported on Crunchbase is sometimes inaccurate. We left out the funding received by XebiaLabs. Although mother company Xebia is Dutch, XebiaLabs itself is located in the US.
Comparison: focus on scale-ups
The amount of funding is comparable to our previous results. It is in line with the total Dutch startup funding of 2017 (442 million). We found fewer early stage/ informal deals (perhaps we did not dig deep enough) but did find scale-up deals of 1-20 million. It seems that the Dutch ecosystem is now focused on funding scale-ups in their next growth stage, rather than funding new startups.
|1||Dutch Finance Lab||30,000,000||Pieter Schoen||StartupJuncture|
|6||Innecs Power Systems||4,000,000||Finindus, ENERGIIQ en BOM||Crunchbase|
|7||Harver||3,900,000||Insight Venture Partners||StartupJuncture|
|8||Aectual||1,800,000||AKEF, DOEN Participaties and American company||Sprout|
|9||LeydenJar Technologies||1,450,000||UNIIQ, BOM||Company Linkedin|
|10||Nowi||1,400,000||Disruptive Technology Ventures|
|11||Hardt||1,250,000||Gregory van der Wiel||StartupJuncture|
|14||Voltea||900000||Unilever, Rabobank, ETF, Anterra||Crunchbase|
|15||Quicargo||900000||group of experts and investors|
|16||FlorAccess||750000||group of e-commerce investors||StartupJuncture|
|17||Otrium||750000||Fred Gehring (ex-CEO) and Ludo Onnink (ex-CFO) and Adriaan Mol||StartupJuncture|
|18||Flex-appeal||600000||two informal investors||StartupJuncture|
|20||ContentKing||350000||a group of informal investors||StartupJuncture|
|23||Shypple||250000 (estimated)||Brabant Development Cooperation (BOM)||StartupJuncture|
|24||DFFRNT Media||250000 (estimated)||Talpa Network||StartupJuncture|
The total funding amount is € 111 million.
Image credit: spacex via Unsplash