Undoubtedly, the Netherlands is one of the most capable countries to establish a business with an idea. Possessing a plethora of advantages including huge market, several needs and technically growing economy, the land of Dutch is inching towards becoming one of the world’s best markets with some incredible startups.
With that being said thoughtfully, 2018 has been a high point and a successful culmination of several years of thoughtful efforts for the Netherlands.
Today, we have listed out the top 20 startups from the Netherlands that drew the biggest investments of 2018 so far.
#1 Bitfury
Founded by Valery Nebesny and Valery Vavilov in 2011, Bitfury is a Blockchain technology company that provides (develops and delivers) both the software and the hardware solutions for businesses, governments, organizations and individuals to securely transfer an asset across the blockchain. Bitfury Group has raised a total of $170M in funding over 7 rounds. Their latest funding was raised on Jul 31, 2018, from a Series C round.
#2 Dutch Finance Lab
Based out of Utrecht, Dutch Finance Lab provides various forms of working capital to SMEs, freelancers, freelancers and webshops. Founded by Jeroen Smits, Louis Hofmeijer and Martijn Don, this startup has raised a total of €30M in funding over 1 round. This was a Venture – Series Unknown round raised on Jan 17, 2018.
#3 Xenikos
Xenikos aims to develop a contemporary medicine with a combination of two toxin-loaded anti-T-cell antibodies, in an attempt to help restore patients’ health and save lives. Xenikos has raised a total of $37M in funding over 3 rounds. Their latest funding was raised on May 15, 2018, from a Series B round. This company was founded by Ypke van Oosterhout in 2009 and headquartered on Nijmegen, The Netherlands.
#4 Shapeways
Shapeways is a 3D printing marketplace, harnessing 3D printing to assist anyone turns ideas into a physical reality, making product design more accessible, personal, and inspiring. Founded by Marleen Vogelaar, Peter Weijmarshausen, and Robert Schouwenburg in 2007, this company is headquartered in New York with offices in Eindhoven and Seattle, Shapeways is a spin-out of the lifestyle incubator of Royal Philips Electronics. Shapeways has raised a total of $107.5M in funding over 7 rounds. Their latest funding was raised on Apr 19, 2018, from a Series E round.
#5 Ohpen
Built by former retail bankers to administer retail investment and savings accounts, Ohpen is a cloud-based core-banking engine. It was founded by Bas Wouwenaar, Chris Zadeh, Erik Drijkoningen, and Ilco van Bolhuis in 2009. Based out of Amsterdam, Ohpen has raised a total of €40M in funding over 2 rounds. Their latest funding was raised on Feb 5, 2018, from a Series C round.
#6 Framer
Framer is all about a tool to design interactive high-fidelity prototypes for iOS, Android, desktop, or the web. The company was founded by Jorn Dijk and Koen Bok and it is powered by the language of the modern web – Javascript. Based out of Amsterdam, this startup has raised a total of $33M in funding over 3 rounds. Their latest funding was raised on Nov 11, 2018, from a Series B round.
#7 Mimetas
MIMETAS develops predictive Organ-on-a-Chip cell culture models for better, more reliable and tailored medicines. Based out of Leiden, this company was founded by Jos Joore, Paul Vulto, and Thomas Hankemeier in 2013. Moreover, Mimetas has raised a total of $37.3M in funding over 4 rounds. Their latest funding was raised on Apr 11, 2018, from a Series B round.
#8 Lava Therapeutics
Founded by Erik Berg, Lava Therapeutics is a biotech company that develops proprietary Vγ9Vδ2 T-cell engagers based on the scientific advancements of the VU University Medical Center in Amsterdam. The company aims to develop cost-effective next-generation immune-oncology biopharmaceuticals. Lava Therapeutics has raised a total of €16M in funding over 1 round. This was a Venture – Series Unknown round raised on May 23, 2018.
#9 Digital Insurance Group
Based out of Amsterdam, Digital Insurance Group operates as a digital insurance platform. Founded by Chris Bakker, Ingo Weber, and Roeland Werring, the company has raised a total of €15M in funding over 2 rounds. Their latest funding was raised on Jun 14, 2018, from a Series B round.
#10 Tiqets
This innovative ticketing platform is all about the way visitors find, buy, and use tickets for museums, shows, and attractions. Based out of Amsterdam, this startup aims to make it easy for travellers to get into the world’s best museums and attractions. With Tiqets you can book in seconds and show the tickets on your smartphone. Tiqets has raised a total of $45.5M in funding over 6 rounds. Their latest funding was raised on Nov 12, 2018, from a Series B round.
#11 Bidroom
Bidroom is the world’s first no-commission hotel booking platform with 5-25% lower room prices as compared to other booking websites. Based out of Amsterdam, this company aims to bring more fairness to the hospitality industry by saving hotels from abusive commissions set by big Online Travel Agencies. Founded by Casper Knieriem and Michael Ros, this company has raised a total of €16M in funding over 3 rounds. Their latest funding was raised on Nov 22, 2018, from a Series A round.
#12 VarmX
This pharmaceutical spin-off from the Leiden University Medical Center manufactures therapeutic proteins to instantaneously restore blood clotting in bleeding patients. Based out of Leiden, this startup was founded by Paul Bilars and Pieter Reitsma. The lead product in the pipeline of VarmX is PseudoXa. VarmX has raised a total of €13.8M in funding over 4 rounds. Their latest funding was raised on Jul 2, 2018, from a Series A round.
#13 Effect.AI
Effect.AI is an Amsterdam-based project that is working on a decentralized network for Artificial Intelligence and AI related services on the NEO blockchain. The company’s goal to build this platform is to stimulate AI development and the creation of various AI services. effect.ai has raised a total of €11M in funding over 1 round.
#14 GreenFlux
GreenFlux is all about making the lives of electric drivers easier, and in making electric driving as comfortable and accessible as possible. Founded by Hans de Boer and Jurjen de Jong, this company is now operational over in 10 countries like Germany, the United Kingdom, Norway, and the United States of America. Headquartered in Amsterdam, this company has raised a total of €11M in funding over 2 rounds. Their latest funding was raised on Jun 12, 2018, from a Series B round.
#15 Fastned
Similar to GreenFlux, Fastned offers a network of charging stations for electric cars. It enables electric drivers to travel throughout the Netherlands via its services. Fastned was established in 2012 by Michiel Langezaal. Moreover, the company has raised a total of €34M in funding over 4 rounds. Their latest funding was raised on Nov 1, 2018, from a Post-IPO Debt round.
#16 Black Bear
Founded in 2010, Black Bear based in the Netherlands has developed a unique Tires to Carbon Black technology to produce the Carbon Black from used tires. The company aims to upcycle all the waste tires into valuable products.
#17 Zivver
Zivver is all about securing your e-mail, chat, or file transfer to prevent data leaks in the exchange of sensitive information. Headquartered in Amsterdam, this company was founded by Alwin Schoemaker, Jeroen Diederix, Rick Goud, and Vincent van Donselaar. This startup helps organizations to prevent sensitive information from being shared with the wrong persons in the wrong way and thus prevent then from high financial penalties and severe damage to their image. ZIVVER has raised a total of $15.2M in funding over 2 rounds. Their latest funding was raised on Oct 16, 2018, from a Series A round.
#18 Impraise
This platform enables you to share actionable, timely feedback between colleagues through the web and mobile app. The web and mobile platform are designed to help customers increase productivity and engagement through flexible reviews, regular feedback exchange, and structured coaching moments. Founded by Arnaud Camus, Bas Kohnke, Filipe Dobreira, and Steffen Maier, Impraise has raised a total of $12.3M in funding over 3 rounds. Their latest funding was raised on Jul 25, 2018, from a Series A round.
#19 Photanol
This startup develops a technology to convert CO2 and sunlight into valuable organic compounds. Based out of Amsterdam, this company currently employs more than ten researchers in the field of molecular biology, biochemistry and process engineering. Photanol has raised a total of €8M in funding over 2 rounds.
#20 Cobase
Cobase is a free online hub where small businesses and entrepreneurs can find useful resources all in one place. Founded by Tyler Warnock, this company has raised a total of $8.8M in funding over 3 rounds. Their latest funding was raised on Sep 19, 2018, from a Venture – Series Unknown round.
Stay tuned to Silicon Canals for more updates in the tech startup world.
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