\The Netherlands' startups and scaleups to watch in 2021

\The Netherlands' startups and scaleups to watch in 2021

In the first half of 2021, €3.8bn in venture capital funding was raised by startups in The Netherlands, which has a thriving tech ecosystem.

So far this year, startups in The Netherlands have raised a record €3.8bn from VC funds, more than thee €1.7bn in all of 2020.

But which are the country's most exciting startups and scaleups? Which are the ones to watch in 2021?

Our team of experts at Sifted have chosen a list of more than 100 exciting companies we think you need to know about, with an added 'Sifted take' to provide an extra layer of insight on the most interesting.

It's a mixture of the big and the small, the well known and the under the radar. But all are making waves. Keep reading below and stay informed about Europe’s new economy!

(P.S The data is from European Startups with valuation estimates from Dealroom. If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Swapfiets's logo

Swapfiets

Bike rentals with monthly payments

transportation / mobility

swapfiets.nl

Amsterdam, Netherlands

2014

500-1000

Sifted Take

While bike rental is an oversaturated market, Swapfiets remains one to watch. As part of the MaaS (mobility-as-a-service) market, it has a ’Netflix-style’ subscription service, i.e. a monthly subscription, and in 2020 it expanded from the Netherlands to London, Milan and Paris. As well as single speed bikes, it has also introduced geared and electric bikes — and boasts well over 200k members.

In 2019, the Volkswagen importer Ponooc became a majority shareholder in the startup.

Vormats's logo

Vormats

Vormats helps you in the transition towards more video communication in a mobile-first world!

media / saas

vormats.com

Amsterdam, Netherlands

2018

10-50

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Voys's logo

Voys

Leading provider of business telephony

saas / telecoms

voys.nl

Groningen, Netherlands

2006

50-100

Yolt's logo

Yolt

The smart thinking money app that provides an easy and enjoyable way to manage money from personal bank accounts and credit cards

fintech / fintech

yolt.com

Amsterdam, Netherlands

2016

100-500

Sifted Take

Fintech fund ING Ventures launched the free money management app in 2017, which is currently used by over a million customers in Britain, the Netherlands, Italy and France.

In 2020, ING appointed Nicholas Weng Kan as its new CEO, a previous exec at both Google and Confused.com; and it also announced it will launch a contactless PPS-powered MasterCard debit card for the 1.5m people who use the app.

RetourMatras's logo

RetourMatras

Recycles mattresses

manufacturing /

retourmatras.nl

Amsterdam, Netherlands

2009

Sifted Take

RetoursMatras's job is in its name. The Dutch startup recycles mattresses, often discarded for landfill, and has two branches in the Netherlands which process them into raw materials for new products — often insulation. In 2019, Renewi and Ingka Investments — part of the IKEA Concept, invested in the company to help process more than a million mattresses per year. Renewi also converts more than 14m tons of waste into usable materials.

GO Sharing's logo

GO Sharing

The e-scooter sharing system in the Netherlands!

transportation / mobility

go-sharing.nl

Nieuwegein, Netherlands

2019

€60m

GROWTH EQUITY

€40-60m

50-100

Wonderflow's logo

Wonderflow

Helping B2C companies extract value from consumer feedback like online reviews, support center records, and NPS

marketing / crm & sales

wonderflow.ai

Amsterdam, Netherlands

2014

€21m

SERIES B

€66-99m

50-100

Orderchamp's logo

Orderchamp

Orderchamp is reimagining wholesale by bringing independent retailers & brands together in a digital marketplace.

retail / marketplace

orderchamp.com

Amsterdam, Netherlands

2019

€20m

SERIES B

€66-99m

10-50

Sympower's logo

Sympower

Sympower unlocks revenue streams by maximizing the value of flexibility across energy markets and industries

energy / energy efficiency;clean energy

sympower.net

Amsterdam, Netherlands

2015

€9m

SERIES B

€20-31m

10-50

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Kitepower's logo

Kitepower

Airborne Wind Energy

energy / clean energy

kitepower.nl

Delft, Netherlands

2015

€8m

EARLY VC

€12-18m

10-50

Syntho's logo

Syntho

Syntho enables organizations to boost data driven innovation in a privacy preserving manner by providing AI software for generating synthetic data

enterprise software /

syntho.ai

Amsterdam, Netherlands

2020

€1m

SEED

€4-6m

1-10

Bistroo's logo

Bistroo

Turn your home into a restaurant

food / food logistics & delivery

bistroo.io

Eindhoven, Netherlands

2018

€1m

ICO

€1-2m

10-50

Cargoplot's logo

Cargoplot

Finds high quality transport for goods, at the best price

transportation /

cargoplot.com

Amsterdam, Netherlands

2020

€0m

SEED

€1-3m

1-10

Lightyear's logo

Lightyear

The electric car that charges itself

energy;transportation / clean energy;vehicle production;maintenance

lightyear.one

Helmond, Netherlands

2016

€105m

LATE VC

€200m

100-500

Lumicks's logo

Lumicks

A supplier of dynamic single-molecule and cell avidity analysis instruments

health / medical devices;biotechnology

lumicks.com

Amsterdam, Netherlands

2014

€87m

SERIES D

€338-507m

100-500

StuDocu's logo

StuDocu

Allows students to share their notes, summaries and tests

education /

studocu.com

Amsterdam, Netherlands

2010

€47m

SERIES B

€181-272m

50-100

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