Image credits: Mollie
The Dutch startup/scaleups ecosystem is in a great position and the report from Ebitwise proves it. Ebitwise is an Amsterdam-based flexible senior finance service for scaleups. Post the pandemic, the Dutch startups witnessed significant growth due to the favorable economy.
There’s an upward trend in the number of funding and opportunities for startups and scaleups, especially in the second quarter of 2021. The Dutch Venture Capital Journal, along with Ebitwise has published a report — a Q2 flashback of the Dutch tech venture scene.
Recently, the winners of the 2021 Future Hamburg Award were announced.
€2.48B invested in 68 startups
According to the report, around €2.48B has been invested in 68 Dutch startups and scaleups in Q2, 2021. The investment secured in this Q2 is tenfold higher than Q2, 2020 (€0.25B) and Q2, 2019 (€0.22B), says the report.
“2021’s second quarter has been a massive record-breaking quarter that outclasses all previous quarters in Dutch startup and scaleup history,” notes the report.
Funding raised
In Q2, 2021, around 12 Dutch tech companies raised more than €25M funding from investors. The companies include Mollie, Messagebird, Redwood Software, bunq, Lumicks, Dott, Bux, Go Sharing, Studocu, EFFECT Photonics, Onward, and VectorY.
These tech startups are front-runners in the field of fintech, biotech, healthtech, and cloud computing. Around 56 startups including, Corre energy, LightYear, Nearfield Instruments, Wonderflow, and others, in the field of green tech, high-tech, internet-of-things, and agritech, also secured funding.
Dutch VC raised €3B
On the other hand, the Dutch VCs have reserved €3B (€2.996) fund to focus on a new wave of promising startups and successful scaleups.
Dutch startups Q1, 2021
It’s worth mentioning that, around $860M (approx €713M) was invested in Dutch companies in Q1, 2021, which is 90 per cent more than the amount of $454M (approx €376M) in the last three months of 2020.
