“A golden age of increasing investment in Dutch ventures has ended,” says a report from Ebitwise. The Amsterdam-based flexible senior finance service for scaleups recently published “Dutch Venture Capital Quarterly,” a quarterly analysis of all published investment rounds by startups and scaleups from the Netherlands.
The report reveals the Dutch startups and scaleups have raised approximately €1.27B in venture capital in Q2, 2022, which is less than half of the capital raised in Q2 2021 at a record-breaking €2.48B.
Here are key points from the report.
No major deals
According to the report, there is a decrease in the number of Series A to F deals. In Q1, 2022, there were around ten investment rounds between €25M and €50M. However, in Q2, 2022, there were no investment rounds of this magnitude, reveals the report.
“Thanks to a major €420M investment round by Perpetual Next our Dutch venture scene still surpassed the €1 billion mark the past quarter,” says the report.
Other notable investments were raised by Backbase, Pyramid Analytics, In3, Smart Photonics, and TestGorilla.
Seed and pre-seed deals
In Q2, seed and pre-seed deals represent 61.8 per cent of rounds closed in the past quarter. The majority of the ventures from The Netherlands were mostly able to raise just seed funding.
Sustainability, fintech, and medtech
Amidst economic insecurities, some markets continue to attract a higher number of investors. The report says that sustainability, fin-tech, and medtech solutions have been top-ranked markets for the last quarters and years.
Amsterdam – the most popular HQ location
Amsterdam, the capital city of The Netherlands, remains the popular HQ location among venture capital-backed startups in the Netherlands, shares the report.
Around 45.1 per cent of ventures that received funding in the past quarter were based in Amsterdam. Eindhoven takes second place with 6.8 per cent and Rotterdam in third with 6.2 per cent.
Compared to previous quarters in the past years, there are fewer records from investment rounds for ventures from Enschede, Groningen, and Wageningen.
However, the report concluded on a positive note that compared to Q1, Dutch ventures raised more capital in Q2 – €1.27B versus €1.03B.
EBITWISE: All you need to know
Based out of Amsterdam, Ebitwise offers a flexible financial service for scale-ups right from Cash Flow management, financial reporting & dashboarding to funding and margin analysis.
01
From employee advocacy to social selling: Oktopost founder Daniel Kushner on the future of B2B marketing