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1. TRACXN MONTHLY REPORT
MAY 2021
NETHERLANDS TECH

2. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Netherlands Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 7
Top Funded Business Models - last 1 year 9
New Analyst Picks 10
Acquisitions 14
Recent News 15

3. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Netherlands Tech Snapshot – May 2021
Netherlands Tech: Snapshot – May 2021
Note : "Investors" refers to "Institutional Investors" only
3
$500M
8
Overall Geo Stats
18
6
33
35
18
Funding Rounds $ Invested Analyst Picks
StuDocu Upgraded
to SOONICORN
New Investors
Movac
Turn/River Capital
Series A+ rounds Active Investors IPOs Acquisitions
Stoneroos#@
Bondex#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Amsterdam
(12 Rounds, $94.6M)
Delft
(4 Rounds, $10.6M)
Houten
(1 Rounds, $383M)
Eindhoven
(1 Rounds, $12.1M)
$383M - PE
Redwood (1993, Houten, $383M)
$50M - Series B
StuDocu (2013, Amsterdam, $51.5M)
$19.8M - Series A
Orderchamp (2018, Amsterdam, $23.1M)
$12.1M - Series A
Ioniqa (2009, Eindhoven, $15.3M)
ABN AMRO Bank
(1 Investments)
Prime Ventures
(1 Investments)
Speedinvest
(1 Investments)
Integra Partners
(1 Investments)
Robotic Process Automation
Redwood
Higher Education Tech
StuDocu
B2B E-Commerce
Orderchamp
Solid Waste Management Tech
Ioniqa
Market Size
Companies Covered 10,435
Funded Companies 2,257
Total Funding $10.8B
Funding in last 12 months $3.6B
Top Exits
IPOs 46
Acquisitions 634
Company Stage
Unicorns 3
Soonicorns 26
Minicorns 143
Editor Picks 861
Series A+ 540
Series C+ 114
Acqui-Hires 3
Deadpooled 726
Top Cities
Amsterdam (709 Rounds, $5.1B)
Eindhoven (110 Rounds, $382M)
Top Investors
Startupbootcamp (86 Investments)
Oost NL (66 Investments)

4. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Netherlands Tech as of May 2021
Netherlands Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (May 2021)*
Redwood
(1993, Houten, $383M)
$383M - PE Turn/River Capital
StuDocu
(2013, Amsterdam, $51.5M)
$50.0M - Series B Partech Partners
Orderchamp
(2018, Amsterdam, $23.1M)
$19.8M - Series A henQ
Ioniqa
(2009, Eindhoven, $15.3M)
$12.1M - Series A
NADUVI
(2019, Amsterdam, $10.0M)
$10.0M - Series A Begin Capital
ROCSYS
(2017, Delft, $9.0M)
$6.3M - Series A FORWARD.one
Incision
(2014, Amsterdam, $6.1M)
$6.1M - Series A Rubio impact Ventures
Fraudio
(2019, Amsterdam, $3.3M)
$3.3M - Seed BiG Start Ventures
Attrace
(2017, Amsterdam, $3.7M)
$2.5M - Seed Deribit
QphoX
(, Delft, $2.4M)
$2.4M - Seed Quantonation
Envision
(2017, Delft, $2.1M)
$1.8M - Seed ABN AMRO Bank
*Shows only the lead Investors

5. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (1/2)
List of Funding Rounds in Netherlands Tech in May 2021
Netherlands Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$382.9M - PE
Redwood (1993, Houten, $382.9M)
Business and IT Process Automation
Turn/River Capital
EARLY STAGE
$6.1M - Series A
Incision (2014, Amsterdam, $6.1M)
Online step-by-step guides on surgical skills
Rubio impact Ventures, SHS
EARLY STAGE
$6.3M - Series A
ROCSYS (2017, Delft, $9.0M)
Provider of charging station automation solutions
FORWARD.one, Superangel
EARLY STAGE
$10.0M - Series A
NADUVI (2019, Amsterdam, $10.0M)
Platform offering multi-category home improvement
products
Begin Capital, FJ Labs, Slingshot, All Iron
EARLY STAGE
$12.1M - Series A
Ioniqa (2009, Eindhoven, $15.3M)
Provides PET plastic upcycling technology
EARLY STAGE
$19.8M - Series A
Orderchamp (2018, Amsterdam, $23.1M)
Online B2B marketplace for multi-category products
Prime Ventures, henQ
EARLY STAGE
$50.0M - Series B
StuDocu (2013, Amsterdam, $51.5M)
Online platform for sharing educational content
Partech Partners
EARLY STAGE
Series A
ReaQta (2014, Amsterdam)
AI-based protection against APT & ransomware threats
for endpoint security
Alpha Intelligence Capital, , Integra Partners,
SEED STAGE
$514.5K - Seed
Cargoplot (2020, Amsterdam, $514.5K)
Provider of logistics management solutions
Amsterdam Student Investment Fund
SEED STAGE
$1.2M - Seed
Contexta360 (2016, Amsterdam, $2.3M)
AI-based speech intelligence to understand customer
behaviour
Disruptive Technology Ventures

6. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (2/2)
List of Funding Rounds in Netherlands Tech in May 2021
Netherlands Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
6
SEED STAGE
$1.2M - Seed
Syntho (2020, Amsterdam, $1.2M)
Cloud-based data privacy solutions provider
TIIN Capital
SEED STAGE
$1.8M - Seed
Envision (2017, Delft, $2.1M)
Provider of AI-enabled mobile application for visually
impaired
ABN AMRO Bank, Impact Ventures, 4impact
SEED STAGE
$2.4M - Seed
QphoX (, Delft, $2.4M)
Developer of quantum modems and transducers
Quantonation, Speedinvest, HTGF, Delft University of
Technology
SEED STAGE
$2.5M - Seed
Attrace (2017, Amsterdam, $3.7M)
Decentralized affiliate marketing platform
Deribit
SEED STAGE
$3.3M - Seed
Fraudio (2019, Amsterdam, $3.3M)
AI and SaaS-enabled AML solutions for payment
service providers and merchant acquirers
Bynd, BiG Start Ventures
SEED STAGE
Seed
Oot (2017, Amsterdam)
Online platform offering healthy granola
Lotus Bakeries
SEED STAGE
Seed
Dawn Aerospace (2016, Delft, $3.4M)
Manufacturer of propulsion systems
Movac
SEED STAGE
Seed
Routinely (2020, Amsterdam)
Internet first brand offering multi-category natural skin
care products
OSCAR&PAUL, 9.5 Ventures

7. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (1/2)
List of New Investors in Netherlands Tech in May 2021
Netherlands Tech: List of New Investors
7
Investor Company Info Round Amount Round Name
Movac
24 portfolio companies | Early-stage sector-agnostic VC firm investing primarily
in New Zealand and the US
Dawn Aerospace
Manufacturer of propulsion systems
Undisclosed Seed
Turn/River Capital
8 portfolio companies | Venture capital firm focused on tech & SaaS-based
startups
Redwood
Business and IT Process Automation
$383M PE
Bynd
13 portfolio companies | Venture capital firm focused on seed & early stage tech
startups
Fraudio
AI and SaaS-enabled AML solutions for payment service providers and
merchant acquirers
$3.30M Seed
Integra Partners
3 portfolio companies | Benefit management company focused on DME and
Orthotics and Prosthetics
ReaQta
AI-based protection against APT & ransomware threats for endpoint
security
Undisclosed Series A
Begin Capital
4 portfolio companies | Venture capital firm focused on seed & series A
investments
NADUVI
Platform offering multi-category home improvement products
$10.00M Series A
All Iron
26 portfolio companies | Venture capital firm investing in pre-series A startups
NADUVI
Platform offering multi-category home improvement products
$10.00M Series A
SHS
23 portfolio companies | Life sciences focused PE & VC firm investing in
Germany & Switzerland
Incision
Online step-by-step guides on surgical skills
$6.10M Series A
Deribit
2 portfolio companies | Bitcoin Futures and Options Exchange
Attrace
Decentralized affiliate marketing platform
$2.50M Seed
4impact
1 portfolio companies | Provides project technology solutions and services
Envision
Provider of AI-enabled mobile application for visually impaired
$1.82M Seed
Lotus Bakeries
2 portfolio companies | Multi category bakery snack company
Oot
Online platform offering healthy granola
Undisclosed Seed

8. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors (2/2)
List of New Investors in Netherlands Tech in May 2021
Netherlands Tech: List of New Investors
8
Investor Company Info Round Amount Round Name
Quantonation
9 portfolio companies | Early-stage venture capital fund
QphoX
Developer of quantum modems and transducers
$2.43M Seed
Alpha Intelligence Capital
13 portfolio companies | Close-end private venture capital fund
ReaQta
AI-based protection against APT & ransomware threats for endpoint
security
Undisclosed Series A
fortinocapital.com
2 portfolio companies | PE & VC fund focused on multiple sectors
ReaQta
AI-based protection against APT & ransomware threats for endpoint
security
Undisclosed Series A
invlink.com
1 portfolio companies | Retirement Account
ReaQta
AI-based protection against APT & ransomware threats for endpoint
security
Undisclosed Series A
BiG Start Ventures
4 portfolio companies | Venture capital fund focused on multiple sector
Fraudio
AI and SaaS-enabled AML solutions for payment service providers and
merchant acquirers
$3.30M Seed
9.5 Ventures
1 portfolio companies | Venture capital firm investing in tech startups
Routinely
Internet first brand offering multi-category natural skin care products
Undisclosed Seed
Impact Ventures
1 portfolio companies | Sector agnostic startup studio
Envision
Provider of AI-enabled mobile application for visually impaired
$1.82M Seed
OSCAR&PAUL
1 portfolio companies | Venture capital firm investing in skin care startups
Routinely
Internet first brand offering multi-category natural skin care products
Undisclosed Seed

9. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
9
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Customer Service Software $900M 2 MessageBird | $700M | Series C
2 -- Communication Platform as a Service $900M 2 MessageBird | $700M | Series C
3 -- Diversified $196M 1 NewAmsterdam .. | $196M | Series A
4 -- Second Hand Goods > Collectibles > Auctions $185M 1 Catawiki | $185M | Series D
5 -- Online Collectibles Auctions $185M 1 Catawiki | $185M | Series D
6 ▲12 Lab Grown Meat Substitutes $149M 8 Mosa Meat | $55.0M | Series B
7 ▲12 Lab Grown Meat Product Brands $149M 7 Mosa Meat | $55.0M | Series B
8 ▲5 Online Multi Brand Fashion Retailer $120M 1 Otrium | $120M | Series C
9 ▲2 Payment Routing Solutions $106M 1 Mollie | $106M | Series B
10 ▼-1 Free Float Electric Kick Scooters Rentals $85.0M 1 Dott | $85.0M | Series B

10. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (1/4)
Interesting Companies identified by Analysts in Netherlands Tech in May 2021
Netherlands Tech: Analyst Picks
10
Upgraded to SOONICORN
StuDocu (2013, Amsterdam, $1.5M, Seed)
Online platform for sharing educational content
Point Nine Capital, Piton Capital, Peak Capital and 1
other Investors
Upgraded to SOONICORN
Redwood (1993, Houten, $383M, PE)
Business and IT Process Automation
Turn/River Capitaland
Upgraded to MINICORN
Ioniqa (2009, Eindhoven, $2.8M, Seed)
Provides PET plastic upcycling technology
Brightlands Venture Partners, Nationaal Groenfonds,
Chemelot Ventures and 1 other Investors
Upgraded to MINICORN
Dawn Aerospace (2016, Delft, $3.4M, Seed)
Manufacturer of propulsion systems
YES!Delft, Movac, Erik Swan and 5 other Investors
Upgraded to MINICORN
QphoX (, Delft, $2.4M, Seed)
Developer of quantum modems and transducers
Speedinvest, Delft University of Technology, HTGF and
1 other Investors
Upgraded to MINICORN
Orderchamp (2018, Amsterdam, $3.3M, Seed)
Online B2B marketplace for multi-category products
Prime Ventures, Thomas Plantenga, Zhong Xu and 2
other Investors
Upgraded to MINICORN
Incision (2014, Amsterdam, $6.1M, Series A)
Online step-by-step guides on surgical skills
Rubio impact Ventures,SHS,ScaleUpNationand
Upgraded to MINICORN
NADUVI (2019, Amsterdam, $10.0M, Series A)
Platform offering multi-category home improvement
products
Slingshot, FJ Labs, All Iron and 1 other Investors
Upgraded to MINICORN
Attrace (2017, Amsterdam, $1.2M, Seed)
Decentralized affiliate marketing platform
Goldfingr,Deribitand
Upgraded to MINICORN
ROCSYS (2017, Delft, Undisclosed, Seed)
Provider of charging station automation solutions
FORWARD.one,Superangeland

11. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (2/4)
Interesting Companies identified by Analysts in Netherlands Tech in May 2021
Netherlands Tech: Analyst Picks
11
Added to Editor's Pick
JamesEdition (2008, Amsterdam, $3.3M, Series A)
Offline marketplace for luxury goods
Tar Heel Capital Pathfinder Studio, Vostok New
Ventures, Tar Heel Capital Pathfinder and 1 other
Investors
Added to Editor's Pick
Axign B.V. (2014, Enschede, Undisclosed, Series A)
Provider of audio processing units
Oost NL, FORWARD.one, Oost NL and 2 other Investors
Added to Editor's Pick
ReaQta (2014, Amsterdam, Undisclosed, Series A)
AI-based protection against APT & ransomware threats
for endpoint security
Dymon Asia Ventures, , and 2 other Investors
Added to Editor's Pick
OneThird (2019, Enschede, $1.8M, Seed)
Provider of food waste prevention solution for offline
businesses
SHIFT Invest,Oost NLand
Added to Editor's Pick
LOCGame (2021, Amsterdam, $1.2M, Seed)
Blockchain-based digital collectible card games
developer
Global Blockchain Innovative Capital, NGC, Ascensive
Asset Management and 11 other Investors
Added to Editor's Pick
Science Direct (1997, Amsterdam, Unfunded)
Online resources for research
Added to Editor's Pick
OutSmart (2012, Utrecht, Unfunded)
Cloud-based field service management software for
enterprises
Added to Editor's Pick
L1NDA (2007, Amsterdam, Unfunded)
Online on-demand staffing platform for hospitality
industry
Added to Editor's Pick
vatfree.com (2008, Amsterdam, Unfunded)
Tax refund software for travelers and businesses
Added to Editor's Pick
P8.nl (2000, Varsseveld, Unfunded)
Cloud-based real estate property and land dealing
management software
Oost NLand
Added to Editor's Pick
Unterzeichnung.de (, Haarlem, Unfunded)
Provider of contract digital signature management
solutions
Added to Editor's Pick
Visualize (2020, The Hague, Unfunded)
Mobile-based application for mental health
management

12. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (3/4)
Interesting Companies identified by Analysts in Netherlands Tech in May 2021
Netherlands Tech: Analyst Picks
12
Added to Editor's Pick
Oot (2017, Amsterdam, Undisclosed, Seed)
Online platform offering healthy granola
Lotus Bakeriesand
Added to Editor's Pick
nuud (2017, Utrecht, Unfunded)
Internet first brand offering natural anti-odorant
fragrances
Added to Editor's Pick
Simply-solar (2017, Delft, Unfunded)
Online platform offering solar panels
Added to Editor's Pick
Botentehuur.nl (2010, Amsterdam, Unfunded)
Provider of an online marketplace for person-to-person
boat rentals
Added to Editor's Pick
WFM Buddy (2019, Almere, Unfunded)
Online workforce management platform for
enterprises
Added to Editor's Pick
Hubs (2013, Amsterdam, Unfunded)
Provider of tech-enabled on-demand industrial 3D
printing services
Added to Editor's Pick
2Solar (2013, Zwolle, Unfunded)
Solar sales designing and project management
solutions provider
Added to Editor's Pick
Scangaroo (2013, Zaandijk, Unfunded)
Provider of web-based document management
solutions for truckers
Added to Editor's Pick
CloudsPal (2019, Alblasserdam, Unfunded)
SaaS-based video streaming platform provider
Added to Editor's Pick
Welldium (2020, Amsterdam, Unfunded)
Medical supplements recommendations software for
pharmacists and doctors
Added to Editor's Pick
TurtleScanner (2020, Veghel, Unfunded)
Provider of cloud-based 3D scanning software for
diversified applications
Added to Editor's Pick
Milkymap (2017, Amsterdam, Unfunded)
Cloud-based customer journey analytics software
solution provider

13. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (4/4)
Interesting Companies identified by Analysts in Netherlands Tech in May 2021
Netherlands Tech: Analyst Picks
13
Added to Editor's Pick
Ixly (2005, Utrecht, Unfunded)
Cloud-based assessment and testing platform for
enterprises

14. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions
List of Acquisitions in Netherlands Tech in May 2021
Netherlands Tech: Acquisitions
14
Acq. Date Company Acquirer Deal Size
03 May 2021
Stoneroos(2001, Hilversum)
Provider of OTT streaming platform for film & TV
NEP
04 May 2021
Bondex(2018, Groningen)
Online trading platform focused on fixed income securities
Nx'change
11 May 2021
Vamp(2015, Utrecht, $3.4M)
Platform to build, deploy and manage microservices
CircleCI
13 May 2021
Crealev(2005, Eindhoven)
Developer of magnetic levitation technology
appearhome.com
20 May 2021
Red je Pakketje(2015, Arnhem)
Online platform providing parcel delivery services
Instabox
26 May 2021
Onrecruit(2010, Utrecht)
Recruitment marketing solution
Mysolution

15. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Netherlands Tech in May 2021
Netherlands Tech:News
15
Exit News
.
● Euronext completes the acquisition of Borsa Italiana AGEFI
.
● Swedish last-mile delivery startup Instabox enters Dutch market by acquiring
Red je Pakketj Silicon Canals
.
● Nxchange acquires blockchain-based private market, Bondex ICrowdNewswire
.
● Keensight Capital’s Majority Investment in Symeres Global Legal Chronicle
.
● Mysolution Acquires Onrecruit Staffing Industry Analysts
.
● Amplitude acquires Seattle-based customer data analytics startup Iteratively
GeekWire
.
● NEP acquires Stoneroos to expand in OTT video Telecompaper
.
● Nxchange makes strategic acquisition of blockchain-based private exchange,
Bondex PR Newswire
.
People News
.
● PureSoftware appoints veteran Noy Kucuk to lead 5G, wireless initiatives
Business Standard

16. Netherlands Tech - May 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Explore more on Tracxn
Explore more about Netherlands Tech on Tracxn Platform
Netherlands Tech: Explore more on Tracxn Platform
16
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Netherlands
AI Companies in Netherlands
Fintech Companies Netherlands
Consumer Digital in Netherlands
Company Due Diligence
Detailed profile of MessageBird
Competitors of PayU
Cap Tables of EquensWorldline
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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