Key Takeaways from Leapfunder’s State of the Startup Market Q1 2023 report
Image credits: Leapfunder
Amsterdam-based Leapfunder, a platform that aims to help startups find early-stage financing, announced that it has released the “State of the Startup Market Report Q1 2023.”
The report delves into the emerging startup hubs in the Netherlands and Germany, and highlights the key industries in which startups operate.
Leiden for Medtech and Biotech
According to the report, Leiden has a strong Medtech and Biotech presence. Local players such as PLNT and the University of Leiden are hard at work to grow the local ecosystem.
Berlin, the capital of Germany, remains the fastest-growing startup hub followed by Amsterdam and Munich.
In Q1 2023, around 12+ startups from Berlin, 10+ startups from Amsterdam, and 5+ startups from Munich signed up with Leapfunder.
Emerging startup
Munich is emerging as a startup city in Germany, says the report.
“Well-known for its fintech ecosystem, other startups have now also discovered Munich. According to the German Startup Monitor (DSM), it’s the second greatest hotspot in the country,” says the report.
Field of startups
Leapfunder termed ‘Leisure’ startups are the fastest-grower, Hardware startups as Interesting Newcomers, and again Leisure as Biggest Overall.
The rate at which startups have signed up with Leapfunder using specific industry tags can be seen in the image below.
Image credits: Leapfunder
Some of the Dutch startups that have signed up with Leapfunder recently include:
Akoestiekdeal BV
EngineeringTrainer.com
SDG Projectontwikkeling
ROOSH B.V
Mata
Boen Cleaning B.V
MEETATOR
Tractionboard
Bound Studios
Free field brief
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Written by
Vigneshwar Ravichandran
Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena. He graduated with a Bachelor's degree in Electronics and Instrumentation in Chennai and a Diploma in Broadcasting Journalism in New Delhi.