The perception of Artificial intelligence (AI) has become diverse and opinions about it vary widely. With mixed sentiments acknowledging both the advantages and challenges posed by AI, there is a growing focus on striking a balance for responsible developments.
AI, with capabilities spanning learning, reasoning, and problem-solving, has made a lasting impact across global sectors. Its reach extends to domains such as automation, healthcare, cybersecurity, and environmental sustainability, among others. The power of AI is evident in its contributions to diverse fields, shaping the future of technology and innovation.
As per Fortune Business Insights, the AI market is poised for significant expansion, projecting growth from $387.45B in 2022 to $1,394.30B in 2029, with a notable CAGR of 20.1 per cent during the forecast period.
Amsterdam, the capital of the Netherlands, stands out as a preferred hub for AI startups. Its high-tech community fosters collaboration, and the city’s skilled workforce in computer sciences and engineering contributes to the development and attracting investment in the process.
Additionally, Amsterdam’s international appeal and business infrastructure also make it a supportive environment for AI startups to establish and expand their operations.
In this context, we present a curated list of Amsterdam-based AI startups that have secured funding of €1M or more and are actively hiring.
Note: Certain details of these startups, such as founders’ names and the funding raised, have been sourced from Dealroom.
Weaviate
Founder(s): Bob van Luijt, Micha Verhagen, Etienne Dilocker
Funding: $50M
Weaviate (previously SeMI technologies) is an open-source vector database.
It is a low-latency vector database that supports many media formats (text, graphics, etc.). It includes features like Semantic Search, Question-Answer Extraction, Classification, and Customisable Models (PyTorch/TensorFlow/Keras).
Weaviate stores both objects and vectors, allowing for the combination of vector search with structured filtering and the failure tolerance of a cloud-native database. All of this is available via GraphQL, REST, and a variety of client-side programming languages.
The company is looking for a software engineer (Distributed & Cloud), apply here.
Creative Fabrica
Founder(s): Anca Stefan, Roemie Hillenaar
Funding: $61M
Creative Fabrica. Initially started as a marketplace for digital goods, the company now serves as a larger ecosystem of creatives and creators.
The platform offers a library of premium content and graphic assets that are available via membership. Beyond premium content, the company also curates and customises its offerings with design tools, seminars, and inspirational content to the demands of its audience.
Creative Fabrica’s target audience has access to resources and equipment across a range of craft verticals, from popular ones (like print-on-demand and logos) to more specialised ones (like embroidery design, home crafts, or quilting).
The company is currently hiring, apply here.
SOURCE
Founder(s): Rien Kamman, Ernst van Bruggen
Funding: $23M in Feb and $4M in Jun
Source.ag believes that greenhouse agriculture is an answer to safer, reliable and climate-resilient food production. Therefore, it is developing technology to democratise access to sufficient fruit and vegetables through AI-powered greenhouses.
The company is advancing greenhouse agriculture by utilising advanced technology to empower more producers to run more facilities profitably and make them internationally scalable.
Source.ag uses millions of data points on climate, biology, and resources to build and implement optimal production plans using their in-house developed algorithms that simulate plant behaviour. They want to feed more people healthy meals while utilising fewer resources.
Currently, the company is looking to expand its team and is hiring for various roles, check them out here.
Overstory (previously 20tree.ai)
Founder(s): Indra den Bakker, Anniek Schouten, Roelof Pieters
Funding: $14M
Overstory aims to use artificial intelligence to understand and protect the world’s vegetation. The company’s focus areas include enhancing power reliability, preventing wildfires, and optimising operational efficiencies for utility teams.
Through technology, Overstory claims to address urgent environmental needs and contributes significantly to combating climate challenges.
The company is currently hiring for multiple positions, check them out here.
Dexter Energy Services
Founder(s): Luuk Veeken, Fons de Leeuw, Hubert Penn
Funding: €10.5M
Dexter Energy leverages advanced machine learning algorithms and big data analytics to help energy companies manage their short-term trading activities for a 100 per cent renewable energy portfolio.
The company’s algorithms analyse large amounts of data, including historical energy consumption patterns, weather forecasts, and market prices. By doing so, they can accurately predict short-term energy demand and supply, which helps energy companies optimise their energy portfolios and reduce their balancing costs.
After its funding in April, Dexter Energy is expanding its team. Check out the available positions here.
Seenons
Founder(s): Joost Kamermans, Jorn Eiting van Liempt, Martin Kayser
Funding: €10M
Seenons has built a circular waste management platform that aims to ensure that residual waste does not end up in a landfill, or the ocean, or is being burned.
In July last year, Kamermans told Silicon Canals that people in Europe are aware of their waste being dumped in Asia or Africa and they don’t want it to be that way. He also explains that the process of getting rid of waste costs a lot of money and many countries prefer to dump their waste elsewhere.
In order to solve this waste challenge, Seenons aims to “ensure minimum recycling and raw materials are either reused or even refused.” With its platform, the startup wants to prevent material from reaching the state of waste while promoting transparency in the industry.
Seenons does this by connecting waste disposers with logistics companies and logistics companies with waste processors in the most transparent way possible.
Currently, the company is looking to expand its team and is hiring for various roles. Check them out here.
Convious
Founder(s): Camiel Kraan
Funding: $9M
Convious provides a one-stop cloud platform for all core operations of leisure operators. It enables leisure operators to connect with their visitors, enhance their experience, increase conversions, and manage all internal operations from a single place.
The company processes all sales transactions, including tickets, food, and hotel accommodations. Its AI-based platform helps convert visitors with personalised offers, sells tickets at dynamic real-time prices, and provides buying experience and analytics on the guests’ experience.
The platform also provides data on the guest experience, which the leisure provider can use to improve services.
Incision
Founder(s): Prof. Dr. Theo Wiggers, others
Funding: $7M
Incision is a platform for surgical performance and online training to improve surgical care. It is building a knowledge platform that supports the training and the execution of operations.
Currently, the company is looking to expand its team. Check out the roles here.
Aito
Founder(s): Jockum Lönnberg, Pauli Laitinen, Rene Vries
Funding: €6M
Aito claims to be a frontrunner in the global human interface market. Its Haptile modules add force sensing and haptic feedback to a range of devices, including laptops, keyboards, computing mice, smartphones, and car infotainment systems.
The company’s technology can be scaled to offer the largest “edge-to-edge” touchpads in the industry as well as provide consumer technology companies with new design options to create compact and versatile laptops, accessories, displays, and other devices.
Currently, the company is looking for project managers, embedded software engineers, algorithm developers, mechanical engineers and test engineers. Apply here.
Sprinque
Founder(s): Juan Espinosa, Manoj Tutika, Mark Holleman
Funding: €6M in Jan and €20M debt facility in Jun
Sprinque’s B2B payments technology enables retailers and marketplaces to provide Pay-by-invoice with net payment terms to customers online without assuming additional risk or raising operating costs.
Sprinque claims that its solution helps B2B merchants improve conversion and retention. It is a white-labelled solution that can be incorporated via the merchants’ APIs, Magento, Prestashop, and WooCommerce plugins, or used offline using the company’s Merchant Control Center.
Sprinque was also designed to enable any sort of purchasing flow, from simple B2C-style checkout purchases to more complicated enterprise purchasing flows like gated purchasing and quote-to-cash.
SEGRON
Founder(s): –
Funding: €5M
SEGRON is a player in advanced testing, specialising in automated solutions for testing new digital services across various locations and devices.
The company claims to be positioned as a leader in test automation for the telecom industry, facilitates optimal service quality for end-users, accelerates the launch of 5G and IoT services, and improves customer experience.
SEGRON reports that its strength lies in orchestrating diverse testing needs through innovative solutions, featuring an active, data-driven intelligent software layer. This approach enhances efficiency, reduces time-to-market, and lowers costs for operators.
The company is actively seeking skilled individuals. Explore positions matching your expertise here.
Dayrize
Founder(s): Austin Simms, Bart Nollen
Funding: £3.5M
Dayrize brings product life cycle assessment transparency to the consumer market, allowing companies to confirm their sustainability claims and cut expenses, create new income, and increase brand value.
The company’s software platform and methodology combine a variety of data sources to produce a single, comprehensive product-level sustainability score.
The score is comparable across product categories, as well as in-depth impact reports across five key sustainability dimensions – circularity, climate change, ecosystem impact, livelihood & well-being, and purpose – in under two seconds.
The company is looking for a Research Analyst as well as a Material Research Internship. Apply here.
Dealsuite
Founder(s): Floyd Plettenberg
Funding: €3.5M
Dealsuite is a secure online marketplace where M&A professionals can purchase, trade, and make real-time investments in businesses. It is offered as a plug-and-play SaaS solution.
The fintech company claims to dominate the European market for online matching in purchasing and selling SMEs. It has customers in over 45 nations, and sales and client success teams for the Netherlands, UK, Ireland, Germany, Austria, Switzerland, Belgium, France, Spain, and the Nordics.
Currently, the company has four open positions and is also accepting open applications. Apply here.
We Are Eves
Founder(s): Esther Leloux
Funding: €2.5M
We Are Eves claims to be the first beauty platform that allows real people to review beauty products that work or don’t work for them. Through its platform, the company aims to help women around the world find the right beauty products based on honest reviews.
As per reports from June 2023, the Dutch company has over 70,000 members on its platform who have shared over 180,000 product reviews that are viewed over 1.5 million times in the Benelux. The platform is active in the Netherlands, Belgium, and, since 2021, in the UK, Germany, and France.
Billy Grace
Founder(s): Robin Friend, Mitch Voskuilen, Tjadi Peeters
Funding: €2.3M
Billy Grace is a platform that lets companies collaborate with self-learning algorithms (AI), where marketers can better track, attribute, analyse, automate, and optimise online marketing within and across channels.
Several companies, including Vanilia, Intersport, Twinsport, TrainMore, and Patta use the platform to manage digital ads.
Currently, the company has four open job opportunities. Check them out here.
Fraudio
Founder(s): João Moura, Nathan Trousdell
Funding: €2M
Fraudio is a fintech startup that focuses on helping companies in the payment ecosystem prevent payment fraud and financial crime through AI, machine learning, and multi-dataset network effects.
The founders of Fraudio spent two years building a cloud-native centralised AI and machine learning payment fraud detection solution. The solution can be used by payment service providers (PSPs), acquirers, issuers, processors, card schemes, and even large merchants who run their checkout or gateway.
Furthermore, Fraudio provides products that can be accessed from a single platform – payment fraud detection, merchant-initiated fraud detection (for PSPs and acquirers), and money laundering detection.
Aiir Innovations
Founder(s): Bart Vredebregt, Miriam Huijser, Cassandra Loor, Fritjof Büttner, Steve Nowee, Jan van Gemert
Funding: €2.1M
Aiir Innovations makes aircraft engine inspection faster, more efficient, and safer.
Aircraft engine examination consists of a visual inspection, which requires high concentration during the entire inspection. In most cases, it is time-consuming and exhausting. This is where the Dutch company steps in. The company has developed software that mechanics can use during borescope inspections to detect anomalies like cracks and dents.
The software helps increase the inspection’s productivity, enabling the mechanic to focus on assessing the damage. The software will get an indicating function and is self-learning.
Currently, the company works with KLM Airlines, Waygate Technologies and MTU Leasing Services, among others.
Pro Parents
Founder(s): Joyce Knappe
Funding: €1.5M
Pro Parents is a healthtech platform with a parent app and executive dashboard. It offers reliable information for young parents on child-rearing, family planning, and work-life balance. The app enables scheduling meetings with specialists and direct chat support.
The dashboard aids managers in supporting young parents in their teams, providing HR with insights for diversity and inclusion goals and real-time organizational performance monitoring.
Matrixian Group
Founder(s): Luke Liplijn
Funding: €1.5M
Matrixian Group leverages data and AI for automated home valuation, excelling in creating digital property twins and pinpointing sustainability and investment opportunities in real estate.
With a track record of valuing over 1 million Dutch homes, the company claims to play a significant role in the real estate sector.
The company is looking to expand its team. Check out the vacancies here.
Coolset (Formerly Greencast)
Founder(s): Konstantinos Kouzelis, David Sigley
Funding: €1.5M
Coolset bridges the gap in sustainability reporting for startups and SMEs. It helps European companies to easily comply with the EU Corporate Sustainability Reporting Directive and automate decarbonisation efforts.
The company’s tool helps organisations measure, analyse, reduce, and offset their greenhouse gas emissions across Scope 1, 2, and 3. It also allows users to track their carbon footprint, set reduction targets, and identify opportunities for improvement.
The Selection Lab
Founder(s): Lotte Welten, Joeri Everaers, Jordi Wippert
Funding: €1.2M
The Selection Lab provides assessment technology that addresses issues like complexity, pricing, and bad user experience associated with objective screening methods. Its software can be used without prior HR experience, integrates with other HR software, and employs scientifically validated tests.
Additionally, the software features a smart data layer, enabling recruiters to objectively analyse candidates’ soft skills and compare them with different groups, aiding informed decision-making in the hiring process.
The Dutch startup claims to have experienced rapid growth, expanding its client base from 30 to over 180 in just two years. It is now looking to expand its team as well. Check out the open vacancies here.
Tap Electric
Founder(s): Dan Pezim, Nico Spoelstra
Funding: €1M
Tap Electric aims to enhance the driver experience where grid and mobility intersect. Their offerings include a driver app with transparent pricing and a platform for charger owners and installers, free from fees due to high automation levels.
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