Check out @Tracxn's latest #GeoMonthlyReport on #Tech rebrand.ly/so6i13x For more #free #Monthly #StartupReports on geography of your interest, subscribe here: https://rb.gy/3yuosu

1. TRACXN MONTHLY REPORT
JANUARY 2022
NETHERLANDS TECH

2. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies 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 8
New Analyst Picks 9
Acquisitions 11
Recent News 13

3. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Netherlands Tech Snapshot – January 2022
Netherlands Tech: Snapshot – January 2022
Note : "Investors" refers to "Institutional Investors" only
3
$102M
3
Overall Geo Stats
8
14
29
10
16
Funding Rounds $ Invested Analyst Picks
Workwize
Upgraded to
MINICORN
New Investors
Cavalry Ventures
fmtg-services.com
Series A+ rounds Active Investors IPOs Acquisitions
Logistic Force
inSided
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Amsterdam
(6 Rounds, $89.1M)
The Hague
(2 Rounds, $1.7M)
Delft
(1 Rounds, $567K)
Bunnik
(1 Rounds, $567K)
$70M - Series B
Dott (2018, Amsterdam, $212M)
$6M - Seed
Onramper (2019, Amsterdam, $6M)
$5M - Seed
Origin (2020, Amsterdam, $5M)
$3.4M - Series A
Youseum (2019, Amsterdam, $3.4M)
EQT Ventures
(2 Investments)
Future Food Fund
(2 Investments)
Y Combinator
(1 Investments)
Project A
(1 Investments)
Road Transport Tech
Dott
Electric Vehicles
Cryptocurrencies
Onramper
Online Travel
Origin
Market Size
Companies Covered 12,381
Funded Companies 2,342
Total Funding $14.3B
Funding in last 12 months $5.8B
Top Exits
IPOs 40
Acquisitions 634
Company Stage
Unicorns 5
Soonicorns 35
Minicorns 160
Editor Picks 1,011
Series A+ 545
Series C+ 108
Acqui-Hires 3
Deadpooled 759
Top Cities
Amsterdam (752 Rounds, $7.7B)
Rotterdam (111 Rounds, $390M)
Top Investors
Startupbootcamp (77 Investments)
Oost NL (67 Investments)

4. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Netherlands Tech as of January 2022
Netherlands Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (January 2022)*
Dott
(2018, Amsterdam, $212M)
$70.0M - Series B abrdn
Onramper
(2019, Amsterdam, $6.0M)
$6.0M - Seed EQT Ventures
Origin
(2020, Amsterdam, $5.0M)
$5.0M - Seed Project A
Youseum
(2019, Amsterdam, $3.4M)
$3.4M - Series A
Winc Academy
(2018, Amsterdam, $3.0M)
$3.0M - Seed Rubio impact Ventures
Prepr
(2012, Utrecht, $2.6M)
$2.6M - Seed Newion Investments
Pectcof
(2011, Wageningen, $2.3M)
$2.3M - Seed Brightlands Venture Partners
VitalFluid
(2014, Nijmegen, $2.3M)
$2.3M - Seed BOM
River BioMedics
(2018, Enschede, $2.0M)
$2.0M - Seed KIKK Capital
Workwize
(2020, Amsterdam, $2.4M)
$1.7M - Seed Peak Capital
NoPalm Ingredients
(2021, Ede, $1.1M)
$1.1M - Seed Future Food Fund
*Shows only the lead Investors

5. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds (1/2)
List of Funding Rounds in Netherlands Tech in January 2022
Netherlands Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
EARLY STAGE
$3.4M - Series A
Youseum (2019, Amsterdam, $3.4M)
Online ticketing platform for museum visitors
EARLY STAGE
$70.0M - Series B
Dott (2018, Amsterdam, $211.9M)
App-based electric kick scooter rental platform
abrdn, Prosus, Sofina, EQT Ventures
EARLY STAGE
Series B
Enpicom (2015, S-hertogenbosch, $1.4M)
Provider of solutions for data analysis, management,
and visualization
SEED STAGE
$566.0K - Seed
Nature’s Principles (2019, The Hague, $566.0K)
Provider of green L-lactic acids
SHIFT Invest, Jeroen van Rotterdam
SEED STAGE
$567.3K - Seed
JetCamp (2018, Delft, $567.3K)
Online metasearch platform for campsites
Cunningham Holdings,
SEED STAGE
$1.1M - Seed
NoPalm Ingredients (2021, Ede, $1.1M)
Developer of a microbe-based oil as an alternative of
palm oil
Green Creators, Icos Capital, Future Food Fund
SEED STAGE
$1.1M - Seed
Quan (2020, The Hague, $1.1M)
provides well being and mental health solution for
employees
Y Combinator
SEED STAGE
$1.7M - Seed
Workwize (2020, Amsterdam, $2.4M)
Cloud based procurement management software for
office spaces
Peak Capital, Graduate, Marnix Broer, Max Klijnstra,
Milan Daniels
SEED STAGE
$2.0M - Seed
River BioMedics (2018, Enschede, $2.0M)
Developer of stem-cell-derived organoid models for
cardiac drug discovery
KIKK Capital, Oost NL, Biogeneration Ventures
SEED STAGE
$2.3M - Seed
VitalFluid (2014, Nijmegen, $2.3M)
Provider of a solution for plasma activated water
purification
BOM, VDL Groep

6. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds (2/2)
List of Funding Rounds in Netherlands Tech in January 2022
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
$2.3M - Seed
Pectcof (2011, Wageningen, $2.3M)
Coffee pulp-waste mitigation and supply of products
made from the process
Brightlands Venture Partners, Future Food Fund
SEED STAGE
$2.6M - Seed
Prepr (2012, Utrecht, $2.6M)
Headless CMS to develop a web page
Newion Investments, ROM Utrecht Region
SEED STAGE
$3.0M - Seed
Winc Academy (2018, Amsterdam, $3.0M)
Online platform providing IT-related diversified courses
Rubio impact Ventures, Dutch Founders Fund, Vivid
Ventures
SEED STAGE
$5.0M - Seed
Origin (2020, Amsterdam, $5.0M)
AI-driven personal travel assistant app
Project A, Cavalry Ventures, David Rosenthal, Brad
Klingeberg, John Johnson
SEED STAGE
$6.0M - Seed
Onramper (2019, Amsterdam, $6.0M)
Fiat on-ramp transaction solution for cryptocurrency
EQT Ventures, Backed, TRG Capital
SEED STAGE
Seed
Linksight (2021, Bunnik)
Provider of data analytics solutions
LUMO Labs

7. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Investors
List of New Investors in Netherlands Tech in January 2022
Netherlands Tech: List of New Investors
7
Investor Company Info Round Amount Round Name
Cavalry Ventures
43 portfolio companies | Tech focused pre-seed & seed stage VC firm investing
in Germany
Origin
AI-driven personal travel assistant app
$5.00M Seed
fmtg-services.com
1 portfolio companies | FMTG - Falkensteiner Michaeler Tourism Group -
JetCamp
Online metasearch platform for campsites
$567K Seed
ROM Utrecht Region
2 portfolio companies | Provider of financial planning and investment
management services
Prepr
Headless CMS to develop a web page
$2.55M Seed
abrdn
2 portfolio companies | Financial investment management firm
Dott
App-based electric kick scooter rental platform
$70.00M Series B
Green Creators
1 portfolio companies | Green Creators | We build green companies
NoPalm Ingredients
Developer of a microbe-based oil as an alternative of palm oil
$1.14M Seed
Cunningham Holdings
1 portfolio companies | Late stage investments focused
JetCamp
Online metasearch platform for campsites
$567K Seed
Graduate
1 portfolio companies | Venture capital fund focused on early-stage startups
Workwize
Cloud based procurement management software for office spaces
$1.71M Seed
TRG Capital
21 portfolio companies | Micro VC fund focused on multiple sectors
Onramper
Fiat on-ramp transaction solution for cryptocurrency
$6.00M Seed

8. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies 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.
8
Rank Business Model $ Funding # Rounds Top Funding Round
1 <> 0 Communication Platform as a Service $818M 2 MessageBird | $700M | Series C
2 ▲3 Online Business Payments $817M 3 Mollie | $800M | Series C
3 -- B2C Used Cars Marketplaces $475M 1 CarNext | $475M | Series D
4 <> 0 Core Banking Platforms $266M 1 Mambu | $266M | Series E
5 -- Digital Native Banks $231M 1 Bunq | $231M | Series A
6 ▲22 Ecommerce Fulfillment Software $177M 1 SendCloud | $177M | Series C
7 -- Free Float Electric Kick Scooter Rentals $155M 2 Dott | $85.0M | Series B
8 ▲2 Product Usage Analytics $150M 1 Amplitude | $150M | Series F
9 ▲2 Customer Journey Analytics $150M 1 Amplitude | $150M | Series F
10 ▲6 Online Fashion Retailer $120M 2 Otrium | $120M | Series C

9. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Analyst Picks (1/2)
Interesting Companies identified by Analysts in Netherlands Tech in January 2022
Netherlands Tech: Analyst Picks
9
Upgraded to MINICORN
Workwize (2020, Amsterdam, $671K, Seed)
Cloud based procurement management software for
office spaces
Peak Capital, Amsterdam Student Investment Fund,
Max Klijnstra and 3 other Investors
Added to Editor's Pick
SingularityNET (2017, Amsterdam, $1.6M, Seed)
Decentralized marketplace for AI products and services
Suicide Ventures, Plutus Capital, Kosmos Ventures and
6 other Investors
Added to Editor's Pick
Origin (2020, Amsterdam, $5.0M, Seed)
AI-driven personal travel assistant app
Cavalry Ventures, Brad Klingeberg, Project A and 2
other Investors
Added to Editor's Pick
beehiiv (2020, Amsterdam, $2.6M, Seed)
SaaS and app-based platform offering newsletter
management solutions
, Elliot Tebele, Thirty Five Ventures and 17 other
Investors
Added to Editor's Pick
Winc Academy (2018, Amsterdam, Undisclosed,
Angel)
Online platform providing IT-related diversified courses
Rubio impact Ventures,Dutch Founders Fund,Vivid
Venturesand
Added to Editor's Pick
NoPalm Ingredients (2021, Ede, $1.1M, Seed)
Developer of a microbe-based oil as an alternative of
palm oil
Green Creators,Icos Capital,Future Food Fundand
Added to Editor's Pick
Dukers & Baelemans (1992, S-hertogenbosch,
Unfunded)
Online training and educational courses for financial
professionals
One Two Capitaland
Added to Editor's Pick
CrawlQ (2021, Uithoorn, Unfunded)
Cloud and AI based content creation and automation
solutions
Added to Editor's Pick
Olssen (2004, Sliedrecht, Unfunded)
Manufacturer of cloud-based smart lockers

10. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Analyst Picks (2/2)
Interesting Companies identified by Analysts in Netherlands Tech in January 2022
Netherlands Tech: Analyst Picks
10
Added to Editor's Pick
GoDrone (2020, Amsterdam, Unfunded)
Provider of a map-based fleet management app for
drones

11. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Acquisitions (1/2)
List of Acquisitions in Netherlands Tech in January 2022
Netherlands Tech: Acquisitions
11
Acq. Date Company Acquirer Deal Size
05 Jan 2022
Logistic Force(2008, Tilburg)
Online job board platform for logistics workers
FIELDS
10 Jan 2022
inSided(2010, Amsterdam, $6.5M)
Customer engagement platform for high growth companies
Gainsight
11 Jan 2022
Requr(2021, Amsterdam, $5.9M)
Fundraising platform for businesses
levenue.com
11 Jan 2022
Skoon(2017, Rotterdam)
Provider of a marketplace for businesses to offer and book energy
storage for multiple applications
Damen
13 Jan 2022
Sightcorp(2013, Amsterdam)
Face Analysis Technology
Raydiant
17 Jan 2022
Lotify(2018, Leiden)
Cloud-based software for social lotteries and digital giveaways
Nederlandse loterij
18 Jan 2022
HB Software(1990, Gouda)
Platform offering ERP software for enterprises
MKB Fonds
24 Jan 2022
Aidence(2015, Amsterdam, $13.8M)
Deep learning-based medical image analysis software for
radiologists
RadNet
24 Jan 2022
Liquid(2000, Utrecht)
Online application for the esports gaming platform
Team Liquid
24 Jan 2022
Quantib(2012, Rotterdam, $5.4M)
Provider of medical image analysis software
RadNet

12. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Acquisitions (2/2)
List of Acquisitions in Netherlands Tech in January 2022
Netherlands Tech: Acquisitions
12
Acq. Date Company Acquirer Deal Size
25 Jan 2022
Asperitas(2014, Haarlem)
Cooling solution for cloud and data center service provider
Trustfolio
25 Jan 2022
Hatch(2010, Amsterdam, $3.2M)
Widget for adding buy now functionality to brands website
PriceSpider
27 Jan 2022
CLIVE(2011, Amsterdam)
Provider of web-based air cargo data services
Xeneta
27 Jan 2022
Keenondots(2002, Enschede)
Provider of cloud automation as a service
CloudBlue Technologies

13. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Recent News (1/2)
Recent News in Netherlands Tech in January 2022
Netherlands Tech:News
13
Exit News
.
● Itaú Unibanco acquires Brazilian cloud-based brokerage firm Ideal Finextra
.
● RadNet Expands AI Offerings With Purchase of Dutch Companies
hcinnovationgroup.com
.
● Gainsight Acquires Community Software Leader inSided MarTech Series
.
● Pax8 Acquires Resello to Expand International Reach GlobeNewswire
.
● Ingram Micro Buys Keenondots; MSPs Gain Invoice Automation Capabilities
ChannelE2E
.
● Raydiant Acquires AI firm Sightcorp QSR Magazine
.
● Global Consultancy Xebia Acquires SwissQ ChannelE2E
.
● European Quantum Startups Pasqal and Qu&Co Announce Merger
HostingJournalist
.
People News
.
● Merus appoints Shannon Campbell as Chief Commercial Officer and regains
worldwide rights to MCLA-145 GlobeNewswire
● Wolters Kluwer Tax & Accounting appoints Frans Klaassen as SVP and General
Manager of its TeamMate business unit Business Wire
.
● Stephane Rougeot named CFO and Deputy CEO of Deezer MBW
.
● Medical Marijuana, Inc. Subsidiary Kannaway(R) Hires Jeanne Rawdin to Lead
Company's Global Communications NewMediaWire

14. Netherlands Tech - January 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Explore more on Tracxn
Explore more about Netherlands Tech on Tracxn Platform
Netherlands Tech: Explore more on Tracxn Platform
14
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 Mollie
Cap Tables of Mambu
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

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the
information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the
Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any
other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations
or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information please refer to our Terms of Use at www.tracxn.com