The Dutch startup ecosystem has been flourishing with Brexit having helped the ecosystem grow further. This is because the English and Dutch laws are similar, and the UK tech founders are welcomed to start their businesses in the Netherlands. Taking the growth further, the venture capital investors are also investing in Dutch startups despite the COVID-19 pandemic crisis.
As per a study by KPMG and NL Times, Dutch startups bagged $591.2M (nearly €488M) in Q3 2020, which is over twice of the amount raised in the previous quarter of the year – $252.4M (nearly €208M). While the investments have grown in the third quarter, the overall investments this year have dropped as compared to the previous year.