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The Dutch startup ecosystem is a major attraction for many innovative entrepreneurs and investors. With the consistent evolution of the startup business in this region, more and more investors are coming forward to make investments to motivate the entrepreneurs and help them expand and grow. Usually, the funding that startups raise is channeled for the global expansion, development of products and services and more.
As this month is coming to an end, we have come up with an array of Dutch startups that raised funding in any form so far in November 2018. Take a look at the list from below.
#1 Bidroom – €15 million
Bidroom, a Dutch travel startup, which is a rival to Booking.com raised €15 million funding in the last week. There is no information regarding the investors for now. Founded in 2014 by Casper Knieriem and Michael Ros, this funding will be used for the product development as the company is in plans to improve its operational capacity.
#2 Bitfury – €70 million
Amsterdam-based Bitfury, a full-service blockchain technology developer raised a funding of nearly €70 million ($80 million). The investment came from Switzerland-based Final Frontier, a blockchain and cryptocurrency investment firm. Bitfury was founded in 2011 by Valery Vavilov and aims to enter the market segments such as AI and other emerging technologies.
#3 Closure – €300K
Women-led Dutch startup Closure raised €300K seed funding this month to accelerate the growth of its SaaS platform. Founded by Chantal van der Velde & Graciëlla van Hamersveld, this Rotterdam-based startup offers a digital platform for users to cancel all their subscriptions in one place.
#4 Eco-movement – €200K
Dutch startup Eco-movement founded by Roderick van den Berg raised €200K from Arches Capital, an angel investment group this month. The startup delivers real-time point of interest data on public charge points for the electric cars. The funding will help the company initiate its products and services and trigger an energy transition.
#5 Crisp – €3 million
Earlier this month, Crisp, an app-only supermarket secured the largest seed funding round in Benelux three years by raising €3 million seed capital. Launched in November by its founders Tom Peeters, Michiel Roodenburg, René Bink and Eric Klaassen, Crisp aims to deliver the freshest products to its customers directly from the source.
#6 Lithium Werks – €1.15 billion
Dutch startup Lithium Werks raised a funding of €1.15 billion ($1.3 billion) in mid-November. This startup has been credited to provide wholesome energy storage solutions as it designs and manufactures lithium-ion battery as well as portable power equipment products.
#7 SecurityMatters – €100 million
Recently, SecurityMatters was acquired by ForeScout for €100 million ($113 million). The Dutch cybersecurity company claims that this acquisition will reinforce its visibility and control and expand its capabilities. Notably, SecurityMatters founded in 2009 by Damiano Bolzoni, Sandro Etalle and Emmanuele Zambon is supported by EIT Digital.
#8 Framer – €21 million
Framer, an Amsterdam-based interactive design prototyping startup secured a funding of €21 million ($24 million) from Atomico along with Accel and AngelList in a series B round. Founded in 2013 by Koen Bok and Jorn Dijk, this startup also announced the beta launch of a new private design store for teams.
#9 Tiqets – €20 million
Tiqets, a ticketing platform announced that it secured €20 million ($23 million) funding this month. It was founded by Luuc Elzinga in 2014 in Amsterdam. Tiqets is a scaleup with its presence in Bangkok, Paris, Rome, London, Philadelphia, Barcelona and Vienna.
#10 srprs.me – €900K
Dutch surprise online travel agency srprs.me recently completed its crowdfunding campaign closing €900k investment. The Amsterdam-based startup was founded by Raymond Klompsma. It will use the growth capital to automate the systems, increase its market share and make a more sustainable supply.
#11 Factris – €1.5 million
Factris, an Amsterdam-based startup raised a capital funding of €1.5 million from Speedinvest Fintech. Factris provides an online invoice factoring platform aimed at the European SMEs. The invoices can be paid on the same business day when they were uploaded via this platform.
#12 Fastned – €11 million
Fastned has raised over €11 million earlier this month via the issue of bonds. This investment will be used for the further growth and expansion of its network in Germany, Belgium, the Netherlands and the U.K. The startup operates with the intention to accelerate the transition to electric mobility.
Dyme, a fast-growing fintech startup based in Amsterdam has secured its first investment from ASIF (Amsterdam Student Investment Fund). With the funding from the student-run venture capital fund, the startup will expand its application all through the Netherlands.
Stay tuned to Silicon Canals for more updates in the tech startup world.