Amsterdam
The latest data and trends in Amsterdam's startups, venture capital, exits and innovation.
Raised in Q3 2026
$844M
VC funding · closed quarter
Raised in 2026 Q1-3
$1.3B
VC funding · year to date
Combined enterprise value
$336.7B
VC-backed Amsterdam startups · founded 1990+
Unicorns
30
$1B+ valuation or exit
Sponsored by Startup Amsterdam
Startup Amsterdam, by the City of Amsterdam, grows and connects the city's startup and scale-up ecosystem.
Explore Startup Amsterdam →Annual venture capital
Funding into Amsterdam startups has grown nearly tenfold over the past five years, reaching $1.8B in 2025. With $1.3B raised in the first 9 months of 2026, the full year is on track to land at $1.8B, a -0% change versus 2025. The chart below shows annual funding totals; the latest year is annualised from observed-to-date data and represents the renderer's projection, not a closed quarter.
Quarterly venture capital
Yearly totals mask the quarter-by-quarter rhythm. The chart below shows Amsterdam startups funding raised in each of the last 21 complete quarters through Q3 2026. All bars are actual closed-quarter sums, no projections, no in-progress quarters.
Amsterdam venture capital raised by stage
How capital deployed into Amsterdam startups is split across round sizes. In the trailing four quarters, 58% of capital landed in scaleup ($100M+) rounds, 31% in breakout ($15–100M), and 11% across startups (under $15M). Each panel below stacks the canonical sub-bands across Q3 2022 → Q3 2026.
Amsterdam venture capital raised by stage, quarterly
Startup
Breakout
Scaleup
Most active investors in Amsterdam
The most active investors in Amsterdam startups ranked by the number of disclosed VC rounds they've participated in. Innovatiefonds Noord-Holland leads with 86 rounds, followed by Antler at 81. The table shows the top ten with their firm type, the rounds they've joined and the companies they've backed here (follow-on rounds make the first larger), and headquarters.
Most active Amsterdam investors
| # | Investor | Type | Amsterdam rounds | Amsterdam companies | HQ |
|---|---|---|---|---|---|
| 1 | Innovatiefonds Noord-Holland |
Other | 86 | 79 | Amsterdam, Netherlands |
| 2 | Antler |
Accelerator | 81 | 63 | Singapore, Singapore |
| 3 | Rockstart |
Other | 80 | 69 | Amsterdam, Netherlands |
| 4 | NLC Health Ventures |
Accelerator | 59 | 28 | Amsterdam, Netherlands |
| 5 | Startupbootcamp |
Accelerator | 40 | 39 | Amsterdam, Netherlands |
| 6 | DOEN Participaties |
Venture capital | 31 | 22 | Amsterdam, Netherlands |
| 7 | henQ |
Venture capital | 26 | 14 | Amsterdam, Netherlands |
| 8 | PDENH |
Venture capital | 26 | 12 | Amsterdam, Netherlands |
| 9 | Peak |
Venture capital | 26 | 19 | Amsterdam, Netherlands |
| 10 | Inkef |
Venture capital | 25 | 13 | Amsterdam, Netherlands |
Source: Dealroom.co
Top companies
Two views of leadership in Amsterdam startups: the most-funded companies all-time on the left, and the hottest companies right now by Dealroom Signal on the right. Total-funding figures include all capital sources tracked by Dealroom (VC plus grants, project finance, and other instruments). Signal is Dealroom's live growth ranking, these are the firms with the strongest recent momentum across team, timing, growth, and completeness.
Top funded
All-time total funding (includes non-VC sources)
- 1
PicnicAmsterdam-Duivendrecht, Netherlands$1.9B - 2
BirdAmsterdam, Netherlands$1.1B - 3
MollieAmsterdam, Netherlands$865M - 4
WonderfulAmsterdam, Netherlands$849M - 5
MambuAmsterdam, Netherlands$427M - 6
MewsAmsterdam, Netherlands$418M - 7
NewAmsterdam PharmaNaarden, Netherlands$411M - 8
bunqAmsterdam, Netherlands$404M - 9
AdyenAmsterdam, Netherlands$323M - 10
BitFuryAmsterdam, Netherlands$280M
Hottest (Dealroom Signal)
Ranked by Dealroom's growth indicator
- 1
WonderfulAmsterdam, Netherlands96 - 2
FramerAmsterdam, Netherlands96 - 3
MedalNaarden, Netherlands96 - 4
TebiAmsterdam, Netherlands94 - 5
PicnicAmsterdam-Duivendrecht, Netherlands93 - 6
OneleetAmsterdam, Netherlands93 - 7
MonumentalAmsterdam, Netherlands93 - 8
FinomAmsterdam, Netherlands93 - 9
DottAmsterdam, Netherlands93 - 10
StacksAmsterdam, Netherlands93
Source: Dealroom.co
Notable rounds
In 2026 Q1-3 (year to date), the largest VC rounds in Amsterdam startups reveal where capital is consolidating. The table below lists the 15 biggest rounds by amount, with date, company, round type, and lead investors; rounds without a public amount sit at the bottom with the amount left blank. Exits sit in the Unicorns & Exits section.
Biggest Amsterdam rounds · Last 12 months to end of Q3 2026 (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Sep 2026 | Wonderful | $550M | SERIES C | Insight Partners |
| Nov 2025 | Picnic | $473M | GROWTH EQUITY VC | Bill & Melinda Gates Foundation, Edeka |
| Mar 2026 | Wonderful | $150M | SERIES B | Insight Partners |
| Nov 2025 | Wonderful | $100M | SERIES A | Index Ventures |
| Sep 2026 | Fortaegis | $50M | EARLY VC | Serendipity Capital |
| Aug 2026 | Kynexis | $44M | SERIES A | Novartis Venture Fund |
| Feb 2026 | Onodrim Industries | $44M | SEED | Founders Fund, General Catalyst |
| Aug 2026 | Ore Energy | $43M | SERIES A | HV Capital, Plural |
| Nov 2025 | Overstory | $43M | SERIES B | Blume Equity |
| Mar 2026 | Getworkflex | $41M | GROWTH EQUITY VC | Spectrum Equity |
| Mar 2026 | Silverflow | $41M | SERIES B | Picus Capital |
| Nov 2025 | Avanzanite Bioscience | $35M | SERIES A | MVM Life Science Partners |
| Feb 2026 | Duna | $33M | SERIES A | CapitalG |
| Oct 2025 | AMBTS | $33M | EARLY VC | Marc van der Chijs |
| Oct 2025 | Oneleet | $33M | SERIES A | Dawn Capital |
Biggest Amsterdam rounds · 2026 Q1-3 (year to date) (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Sep 2026 | Wonderful | $550M | SERIES C | Insight Partners |
| Mar 2026 | Wonderful | $150M | SERIES B | Insight Partners |
| Sep 2026 | Fortaegis | $50M | EARLY VC | Serendipity Capital |
| Aug 2026 | Kynexis | $44M | SERIES A | Novartis Venture Fund |
| Feb 2026 | Onodrim Industries | $44M | SEED | Founders Fund, General Catalyst |
| Aug 2026 | Ore Energy | $43M | SERIES A | HV Capital, Plural |
| Mar 2026 | Getworkflex | $41M | GROWTH EQUITY VC | Spectrum Equity |
| Mar 2026 | Silverflow | $41M | SERIES B | Picus Capital |
| Feb 2026 | Duna | $33M | SERIES A | CapitalG |
| Jul 2026 | Monumental | $32M | SERIES B | Khosla Ventures |
| Jul 2026 | Crisp | $28M | LATE VC | Kersting Holding |
| Jul 2026 | Carbeau | $26M | EARLY VC | Al Baleed Petrochemical, GKT |
| Feb 2026 | Stacks | $23M | SERIES A | Lightspeed Venture Partners |
| Mar 2026 | OpenUp | $22M | LATE VC | Rubio Impact Ventures, Smartfin |
| Apr 2026 | InBiome | $16M | SERIES A | NATO Innovation Fund - NIF |
Biggest Amsterdam rounds · Q3 2026 (Top 15 rounds)
| Date | Company | Amount | Round | Lead investors |
|---|---|---|---|---|
| Sep 2026 | Wonderful | $550M | SERIES C | Insight Partners |
| Sep 2026 | Fortaegis | $50M | EARLY VC | Serendipity Capital |
| Aug 2026 | Kynexis | $44M | SERIES A | Novartis Venture Fund |
| Aug 2026 | Ore Energy | $43M | SERIES A | HV Capital, Plural |
| Jul 2026 | Monumental | $32M | SERIES B | Khosla Ventures |
| Jul 2026 | Crisp | $28M | LATE VC | Kersting Holding |
| Jul 2026 | Carbeau | $26M | EARLY VC | Al Baleed Petrochemical, GKT |
| Sep 2026 | NovaGen Group | $10M | CONVERTIBLE | GeoNova Capital |
| Aug 2026 | Vangrid | $9M | SEED | Animoca Brands, Borderless Capital |
| Jul 2026 | Nopan | $8M | EARLY VC | Newion |
| Aug 2026 | Neno | $7M | SEED | AlleyCorp |
| Jul 2026 | Promptwatch | $7M | SEED | seed + speed Ventures |
| Jul 2026 | HousApp | $5M | SEED | Antler, Arches Capital |
| Aug 2026 | Mila Health | $5M | SEED | Bas Witvoet, Michel Perridon |
| Sep 2026 | Blue Health Intelligence | $4M | SEED | Knop Investments |
Source: Dealroom.co · Updated 12 Oct 2026
Unicorns & exits
Amsterdam startups have minted 30 unicorns to date. Dealroom defines a unicorn as a company that has reached a $1B+ valuation or exit (verified and manually reviewed; other lists use different criteria, this is ours). Of those, 3 are decacorns at a $10B+ valuation: Booking.com, argenx and Adyen. The ecosystem also counts 30 thoroughbreds: companies generating $100M+ in revenue (a separate lens from unicorns, with some overlap). The chart below shows the cumulative count climbing each year, with the line tracking new unicorns minted in that year, peaking at 7 in 2021. On exits, the sector has produced 180 tracked exits since 2019 representing $17.0B in disclosed value. Notable exits in the data include Interxion ($8.4B, 2019), followed by Just Eat Takeaway.com ($4.5B, 2025), PayU ($610M, 2023).
The Amsterdam startup funnel
Entrepreneurship is a power law. Of every Amsterdam startup founded, only a fraction attract venture capital, and far fewer climb each successive funding level. This funnel traces VC-backed Amsterdam startups from first cheque through to the rarest valuation outcomes. Mouth figures are annual means (2010–2024); pool stages count VC-backed companies founded since 1990 by total funding.
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Pool of VC-Backed Startups
$100K+ total funding
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Innovatiefonds Noord-Holland
Antler
Rockstart
NLC Health Ventures
Startupbootcamp
DOEN Participaties
henQ
PDENH
Peak
Inkef