Tracxn - Geo Monthly Report - Netherlands Tech - Dec 2021

TRACXN MONTHLY REPORT
DECEMBER 2021
NETHERLANDS TECH

Netherlands Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
2
Netherlands Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 8
Top Funded Business Models - last 1 year 10
New Analyst Picks 11
Acquisitions 13
Recent News 14

Netherlands Tech Snapshot – December 2021
Netherlands Tech: Snapshot – December 2021
Note : "Investors" refers to "Institutional Investors" only
3
$355M
14
Overall Geo Stats
20
5
74
11
21
Funding Rounds $ Invested Analyst Picks
Medal Upgraded to
SOONICORN
New Investors
D1 Ventures
Novoseeds
Series A+ rounds Active Investors IPOs Acquisitions
VisionLabs
Lucky Kat
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Amsterdam
(8 Rounds, $69.4M)
Naarden
(4 Rounds, $144M)
Utrecht
(3 Rounds, $80.0M)
Alkmaar
(1 Rounds, $12.4M)
$80M - Series C
NorthSea Therapeutics (2017, Naarden,
$149M)
$73.2M - Series C
Kaleido (2015, Utrecht, $84.5M)
$45M - Series C
Medal (2015, Naarden, $73.4M)
$40M - Series B
Lepaya (2017, Amsterdam, $47M)
Inkef Capital
(2 Investments)
Makers Fund
(2 Investments)
Horizons Ventures
(2 Investments)
Dune Ventures
(2 Investments)
Immunology
NorthSea Therapeutics
Diabetes
Kaleido
Gaming Tech
Medal
HRTech
Lepaya
Market Size
Companies Covered 11,918
Funded Companies 2,288
Total Funding $13.6B
Funding in last 12 months $5.6B
Top Exits
IPOs 40
Acquisitions 609
Company Stage
Unicorns 5
Soonicorns 30
Minicorns 160
Editor Picks 979
Series A+ 533
Series C+ 106
Acqui-Hires 3
Deadpooled 713
Top Cities
Amsterdam (731 Rounds, $7.1B)
Eindhoven (108 Rounds, $613M)
Top Investors
Startupbootcamp (77 Investments)
Oost NL (64 Investments)

Investment Snapshot
Investment Snapshot of Netherlands Tech as of December 2021
Netherlands Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (December 2021)*
(2017, Naarden, $150M)
$80.0M - Series C Ysios Capital
Kaleido
(2015, Utrecht, $84.5M)
$73.2M - Series C Partners in Equity
Medal
(2015, Naarden, $73.4M)
$60.0M - Series C OMERS Ventures
Lepaya
(2017, Amsterdam, $47.0M)
$40.0M - Series B Target Global
Silverflow
(2019, Duivendrecht, $20.1M)
$17.0M - Series A Coatue
Samotics
(2015, Leiden, $22.4M)
$16.4M - Series A 83North
PhotonFirst
(1996, Alkmaar, $12.4M)
$12.4M - Series A Active Capital Company
Convious
$12.0M - Series A Begin Capital
Pieter Pot
(2019, Rotterdam, $13.3M)
$10.2M - Series A ETF Partners
Goboony
(2011, Utrecht, $11.3M)
$6.8M - Series A No Such Ventures
Dealroom
$6.8M - Series A Beringea
*Shows only the lead Investors

List of Funding Rounds (1/3)
List of Funding Rounds in Netherlands Tech in December 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
$45.0M - Series C
Provider of online gaming tools for recording and
sharing of gaming clips
OMERS Ventures, Horizons Ventures, Dune Ventures,
Makers Fund
LATE STAGE
$73.2M - Series C
Kaleido (2015, Utrecht, $84.5M)
Developer of insulin therapy for treating diabetes
Partners in Equity, Inkef Capital, Health Innovations,
Life Sciences Partners
LATE STAGE
$80.0M - Series C
NorthSea Therapeutics (2017, Naarden, $149.5M)
Developer of therapies for Non-Alcoholic
SteatoHepatitis (NASH)
Ysios Capital, Forbion Capital Partners, Benhamou
Global Ventures, New Science Ventures, Hercules
Capital, and 3 more
EARLY STAGE
$3.9M - Series A
Synerkine Pharma (2018, Naarden, $7.7M)
Developer of therapeutics to treat osteoarthritis and
chronic pain
Flerie Invest, Thuja Capital, Utrecht Holdings
EARLY STAGE
$4.0M - Series A
IMF (2021, Amsterdam, $4.0M)
Online platform for invoice factoring
FSD Africa
EARLY STAGE
$6.8M - Series A
Dealroom (2013, Amsterdam, $9.8M)
Platform that helps new investors and tech companies
connect with each other
Beringea, Shoe Investments, Knight Capital
EARLY STAGE
$6.8M - Series A
Goboony (2011, Utrecht, $11.3M)
Online rental marketplace for mobile homes
No Such Ventures
EARLY STAGE
$10.2M - Series A
Pieter Pot (2019, Rotterdam, $13.3M)
Online platform offering multi-category grocery
products
ETF Partners, SHIFT Invest, IQ Capital, Future Food
Fund, Ed Boyd, and 1 more

6
EARLY STAGE
$12.0M - Series A
Convious (2017, Amsterdam, $16.2M)
Platform offering software for personalized marketing
Begin Capital, Market One Capital, FJ Labs,
MillionMonkeys, Capital Mills
EARLY STAGE
$12.4M - Series A
PhotonFirst (1996, Alkmaar, $12.4M)
Manufacturer of optical fibre sensors
Active Capital Company, PhotonDelta
EARLY STAGE
$15.0M - Series B
Dune Ventures, Horizons Ventures, Makers Fund
EARLY STAGE
$16.4M - Series A
Samotics (2015, Leiden, $22.4M)
AI-driven platform offering HVAC monitoring solutions
for commercial applications
83North
EARLY STAGE
$17.0M - Series A
Silverflow (2019, Duivendrecht, $20.1M)
Payment gateway solutions for businesses
Coatue, Global Paytech Ventures, Inkef Capital, Crane,
Jason Gardner, and 1 more
EARLY STAGE
$40.0M - Series B
Lepaya (2017, Amsterdam, $47.0M)
Learning management solution for enterprises
Target Global, Mediahuis, Tablomonto, Noor Van
Boven, Chris Zadeh, and 2 more
SEED STAGE
$1.5M - Seed
Verdify (2019, Wageningen, $2.4M)
Platform offering tailored recipes for dietary needs
, Brightlands Venture Partners
SEED STAGE
$1.7M - Seed
Reveall (2021, Amsterdam, $1.7M)
Cloud based platform offering consumer insights
Fortino Capital, Dutch Founders Fund
SEED STAGE
$1.7M - Seed
WATT (2017, Breda, $1.7M)
Developer of electric bicycles
Bloomit

7
SEED STAGE
$2.1M - Seed
ATRO Medical (2016, Nijmegen, $2.1M)
Developer of a polymer-based meniscus implant
Lumana Invest, Cascara Ventures, Innovatiefonds
Noord-Holland, DSM Venturing, Oost NL
SEED STAGE
$2.3M - Seed
Proof of Impact (2017, Amsterdam, $2.3M)
Financial database focused on ESG Ratings
Altera Investments, blufolio, CV VC, Ausum Ventures,
Oxford Angel Fund, and 3 more
SEED STAGE
$2.7M - Seed
MetaMundo (2021, Amsterdam, $2.7M)
NFT-based trading platform for digital collectibles
Animocabrands, Digital Currency Group, MetaCartel
Ventures, Marshland Capital, Hypersphere, and 9 more
SEED STAGE
Seed
Nori Health (2017, Nieuwegein, $670.0K)
Online platform for managing Crohn's, Colitis & IBS
management
Healthy.Capital

New Investors (1/2)
List of New Investors in Netherlands Tech in December 2021
Netherlands Tech: List of New Investors
8
Investor Company Info Round Amount Round Name
D1 Ventures
13 portfolio companies | Limited information available
MetaMundo
$2.70M Seed
Novoseeds
7 portfolio companies | Producer and supplier of hybrid seeds
Developer of therapies for Non-Alcoholic SteatoHepatitis (NASH)
$80.00M Series C
Polygon Studios
MetaMundo
$2.70M Seed
Dune Ventures
8 portfolio companies | Venture capital fund investing in multiple sectors
Medal
Provider of online gaming tools for recording and sharing of gaming
clips
$15.00M Series B
Marshland Capital
5 portfolio companies | Venture capital firm focused on early-stage companies
MetaMundo
$2.70M Seed
jolesbv.vdtrxn
Verdify
Platform offering tailored recipes for dietary needs
$1.47M Seed
OMERS Ventures
101 portfolio companies | Venture capital firm focused on early-stage
technology-driven companies
Medal
Provider of online gaming tools for recording and sharing of gaming
clips
$45.00M Series C
Health Innovations
1 portfolio companies | Provider of healthcare recruitment services
Kaleido
Developer of insulin therapy for treating diabetes
$73.24M Series C
Animocabrands
76 portfolio companies | Mobile games developer focusing on franchise-based
core games
MetaMundo
$2.70M Seed
Knight Capital
6 portfolio companies | Venture capital firm focused on software companies
Dealroom
Platform that helps new investors and tech companies connect with
each other
$6.77M Series A

New Investors (2/2)
List of New Investors in Netherlands Tech in December 2021
Netherlands Tech: List of New Investors
9
Investor Company Info Round Amount Round Name
P Crypto
2 portfolio companies | Investment management firm focused on
cryptocurrency
MetaMundo
$2.70M Seed
Mediahuis
1 portfolio companies | Digital media group operating various media brands
Lepaya
$40.00M Series B
Oxford Angel Fund
4 portfolio companies | Angel network investing in startups
Proof of Impact
$2.30M Seed
own.fund
MetaMundo
$2.70M Seed
redbeard.ventures
3 portfolio companies |
MetaMundo
$2.70M Seed
Sfermion
13 portfolio companies | Venture capital firm focused on non-fungible tokens
and associated assets
MetaMundo
$2.70M Seed
Hypersphere
MetaMundo
$2.70M Seed
blufolio
4 portfolio companies | Venture capital fund focused on blockchain companies
Proof of Impact
$2.30M Seed
Meta
1 portfolio companies | Online trading and marketplace platform for NFTs and
DeFi tokens
MetaMundo
$2.70M Seed
Global Paytech Ventures
3 portfolio companies | Venture capital firm focused on paytech solution
Silverflow
$17.00M Series A

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.
10
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲2 Online Business Payments $817M 3 Mollie | $800M | Series C
2 ▼-1 Communication Platform as a Service $700M 1 MessageBird | $700M | Series C
3 -- B2C Used Cars Marketplaces $475M 1 CarNext | $475M | Series D
4 -- Digital Native Banks $231M 1 Bunq | $231M | Series A
5 -- Diversified $196M 1 NewAmsterdam .. | $196M | Series A
6 ▲2 Product Usage Analytics $150M 1 Amplitude | $150M | Series F
7 ▲2 Customer Journey Analytics $150M 1 Amplitude | $150M | Series F
8 ▲7 Online Fashion Retailer $120M 2 Otrium | $120M | Series C
9 -- Customer Success Management $118M 1 CM Telecom | $118M | Series D
10 -- Free Float Electric Kick Scooter Rentals $85.0M 1 Dott | $85.0M | Series B

New Analyst Picks (1/2)
Interesting Companies identified by Analysts in Netherlands Tech in December 2021
Netherlands Tech: Analyst Picks
11
Upgraded to SOONICORN
Medal (2015, Naarden, $3.5M, Series A)
Joyance Partners, sponsored.vc, Social Starts and 8
other Investors
Upgraded to MINICORN
Lepaya (2017, Amsterdam, $40.0M, Series B)
Noor Van Boven, Chris Zadeh, Tablomonto and 4 other
Investors
Silverflow (2019, Duivendrecht, $17.0M, Series A)
Global Paytech Ventures, Gokul Rajaram, Crane and 3
other Investors
Goboony (2011, Utrecht, $6.8M, Series A)
Online rental marketplace for mobile homes
No Such Venturesand
IMF (2021, Amsterdam, $4.0M, Series A)
Online platform for invoice factoring
FSD Africaand
Added to Editor's Pick
Proof of Impact (2017, Amsterdam, $2.3M, Seed)
Transalpine Ventures, Ausum Ventures, Altera
Investments and 9 other Investors
Hadrian (2021, Amsterdam, $2.9M, Seed)
Cloud based security analytics and threat detection
solution provider
Manuel Stotz, Chris Vogelzang, Village Global and 6
other Investors
WATT (2017, Breda, $1.7M, Seed)
Developer of electric bicycles
Bloomitand
Onramper (2019, Amsterdam, Unfunded)
API-based crypto transaction solution for businesses

New Analyst Picks (2/2)
Interesting Companies identified by Analysts in Netherlands Tech in December 2021
Netherlands Tech: Analyst Picks
12
Paybyrd (2018, Amsterdam, Unfunded)
Omnichannel online payment solutions for businesses
Great Stuff Venturesand
Wahooh Media (2021, Amsterdam, Unfunded)
Provider of cloud based OOH advertising campaign
management platform

Acquisitions
List of Acquisitions in Netherlands Tech in December 2021
Netherlands Tech: Acquisitions
13
Acq. Date Company Acquirer Deal Size
13 Dec 2021
VisionLabs(2012, Amsterdam, $5.5M)
Provider of facial recognition solutions using computer vision
techniques
MTS $95.4M
14 Dec 2021
Lucky Kat(2015, The Hague)
Mobile gaming studio specializing in arcade games
Fragbite Group $7.9M
14 Dec 2021
Qics(2000, Katwijk Aan Zee)
Cloud based reporting and dashboarding solution provider
Main Capital Partners
14 Dec 2021
Building Blocks(2007, Tilburg)
Cloud-based predictive customer journey intelligence solutions
provider
CM Telecom
15 Dec 2021
KidsKonnect(2019, Haarlem)
Mobile-based platform providing childcare management solutions
fivearrowsgrowthcapital.vdtrxn

Recent News (1/2)
Recent News in Netherlands Tech in December 2021
Netherlands Tech:News
14
Exit News
.
● Philips to Expand Its Cardiac Diagnostics and Monitoring Portfolio With the
Acquisition of Cardiologs Imaging Technology News
.
● Royal Philips to acquire American developer of minimally-invasive peripheral
vascular devices europawire.eu
.
● MTS eyes AI boost with $95M VisionLabs buy MobileWorldLive
.
● Ahold Delhaize announces that bol.com acquires a majority stake in delivery
expert Cycloon GlobeNewswire
.
● DSM strengthens its alternative protein business strategy with the completion
of Vestkorn Milling acquisition europawire.eu
.
● ams OSRAM Announces the Sale of Its Horticulture Lighting Systems Business
Fluence to SignifyBusiness Wire
.
● Textkernel acquires US-based software company Sovren Private Equity Wire
.
● Dutch conversational commerce platform CM.com acquires consumer AI
technology company Building Blocks Silicon Canals
.
Fund News
● New sales manager for Riwal UK vertikal.net
.
● Impellam Group names two execs for North America Staffing Industry Analysts
.
Company News
.
● Philips scores FDA de novo clearance for laser-powered removal of blood clot
filters Fierce Biotech
.
● Philips receives FDA 510(k) clearance for its most advanced acute patient
monitors GlobeNewswire

Explore more on Tracxn
Explore more about Netherlands Tech on Tracxn Platform
Netherlands Tech: Explore more on Tracxn Platform
15
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 Bunq
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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Tracxn - Geo Monthly Report - Netherlands Tech - Dec 2021

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