The biggest funding rounds for Dutch startups in July 2018

The biggest funding rounds for Dutch startups in July 2018

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In 2018, The Netherlands is attracting a lot of innovative startup founders and smart investors. All thanks to supporting tech ecosystem, the country offers. Amsterdam, Delft, Rotterdam, Eindhoven, Utrecht are some of the cities which offer attractive co-working spaces, accelerator, incubators and a tech-friendly environment for ground-breaking startups to expand.

With more startups and scaleups growing, more and more investors are also taking interest in the marketplace and the country is experiencing some of the biggest funding rounds almost every month now.

Provided by some data from our friends at Dealroom.co, we at Silicon Canals have come up with a list of the biggest funding rounds in the Netherlands in the month of July 2018. The list includes information on the type of round, industry, investor and more. Take a look at it below.

Felyx – raised €2 million

The electric scooter startup from Amsterdam — felyx received an investment of €2 million in July 2018 through a combination of private investors and ABN AMRO bank. Earlier this year, felyx also raised 1 million for further growth of the organization. The earlier investment was made by informal investors, Anne-Marie Rakhorst, entrepreneur and the founder of Duurzaamheid.nl.

Unlike Bird and LimeBike that offer stand-up scooters, felyx offers larger electric ‘mopeds’ suitable for two people to drive. Recently, the company has also announced its expansion to Rotterdam in the Netherlands with 324 e-scooters.

According to the press release, thousands of users currently share around 108 felyx electric scooters in Amsterdam.

Rex.ai – raised €1.5 million

REXai is an aiCommerce tech company that raised €1.5 million of seed funding by Newion Investments, joined by the founder and smart angel investors from the e-commerce and cyber-security industry.

Based in Amsterdam and Valencia, REXai aims to make artificial intelligence available as a service for companies looking to fast-forward their ability to transform their data into real-time personalization.

Careibu – raised €400K

The social care community, Careibu also raised an investment of €400,000 last month with an aim to increase its social impact. Careibu matches students looking for a social side job to people looking for help at home. The biggest investor of this round is Monuta Ontzorgt, who wants to enrich the lives of seniors, make it more pleasant and unburdened.

In the Netherlands, more than 30,000 students and 13,000 clients are already members of the community.

VarmX – raised €12.5 million

VarmX, a privately owned spin-out company of the Leiden University Medical Center (LUMC) in the Netherlands received €12.5 million for the development of a snake-venom-based medication in early July 2018.

The funding included a €7.5m Series A financing co-led by BioGeneration Ventures (BGV) and Dutch regional development company InnovationQuarter, plus a €5m innovation credit from the Netherlands Enterprise Agency (RVO.nl).

This new therapeutic factor X was inspired by a snake venom protein to instantaneously restore blood clotting for patients taking anticoagulants. Leiden-based VarmX plans to use the funding proceeds to speed up development of its lead compound PseudoXa, a modified recombinant human coagulation factor X which is capable of immediately restoring blood clotting in the presence of direct factor Xa anticoagulants (DOACS).

Stay tuned to Silicon Canals for more updates in the tech startup world.

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