Amsterdam

The latest data and trends in Amsterdam's startups, venture capital, exits and innovation.

Presented by Startup AmsterdamStartup Amsterdam
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

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's share of Dutch venture capital

Amsterdam's share of Dutch venture capital tracks how much of the Netherlands's startup capital lands in this market. In 2016, Amsterdam startups accounted for 45.0% of Dutch VC funding; by 2026 the share had reached 42.3%. The chart below splits each year's total Dutch VC funding into Amsterdam on the bottom and the rest of the market on top.

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

#InvestorTypeAmsterdam roundsAmsterdam companiesHQ
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. 1PicnicAmsterdam-Duivendrecht, Netherlands$1.9B
  2. 2BirdAmsterdam, Netherlands$1.1B
  3. 3MollieAmsterdam, Netherlands$865M
  4. 4WonderfulAmsterdam, Netherlands$849M
  5. 5MambuAmsterdam, Netherlands$427M
  6. 6MewsAmsterdam, Netherlands$418M
  7. 7NewAmsterdam PharmaNaarden, Netherlands$411M
  8. 8bunqAmsterdam, Netherlands$404M
  9. 9AdyenAmsterdam, Netherlands$323M
  10. 10BitFuryAmsterdam, Netherlands$280M

Hottest (Dealroom Signal)

Ranked by Dealroom's growth indicator

  1. 1WonderfulAmsterdam, Netherlands96
  2. 2FramerAmsterdam, Netherlands96
  3. 3MedalNaarden, Netherlands96
  4. 4TebiAmsterdam, Netherlands94
  5. 5PicnicAmsterdam-Duivendrecht, Netherlands93
  6. 6OneleetAmsterdam, Netherlands93
  7. 7MonumentalAmsterdam, Netherlands93
  8. 8FinomAmsterdam, Netherlands93
  9. 9DottAmsterdam, Netherlands93
  10. 10StacksAmsterdam, 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)

DateCompanyAmountRoundLead investors
Sep 2026Wonderful$550MSERIES CInsight Partners
Nov 2025Picnic$473MGROWTH EQUITY VCBill & Melinda Gates Foundation, Edeka
Mar 2026Wonderful$150MSERIES BInsight Partners
Nov 2025Wonderful$100MSERIES AIndex Ventures
Sep 2026Fortaegis$50MEARLY VCSerendipity Capital
Aug 2026Kynexis$44MSERIES ANovartis Venture Fund
Feb 2026Onodrim Industries$44MSEEDFounders Fund, General Catalyst
Aug 2026Ore Energy$43MSERIES AHV Capital, Plural
Nov 2025Overstory$43MSERIES BBlume Equity
Mar 2026Getworkflex$41MGROWTH EQUITY VCSpectrum Equity
Mar 2026Silverflow$41MSERIES BPicus Capital
Nov 2025Avanzanite Bioscience$35MSERIES AMVM Life Science Partners
Feb 2026Duna$33MSERIES ACapitalG
Oct 2025AMBTS$33MEARLY VCMarc van der Chijs
Oct 2025Oneleet$33MSERIES ADawn Capital

Biggest Amsterdam rounds · 2026 Q1-3 (year to date) (Top 15 rounds)

DateCompanyAmountRoundLead investors
Sep 2026Wonderful$550MSERIES CInsight Partners
Mar 2026Wonderful$150MSERIES BInsight Partners
Sep 2026Fortaegis$50MEARLY VCSerendipity Capital
Aug 2026Kynexis$44MSERIES ANovartis Venture Fund
Feb 2026Onodrim Industries$44MSEEDFounders Fund, General Catalyst
Aug 2026Ore Energy$43MSERIES AHV Capital, Plural
Mar 2026Getworkflex$41MGROWTH EQUITY VCSpectrum Equity
Mar 2026Silverflow$41MSERIES BPicus Capital
Feb 2026Duna$33MSERIES ACapitalG
Jul 2026Monumental$32MSERIES BKhosla Ventures
Jul 2026Crisp$28MLATE VCKersting Holding
Jul 2026Carbeau$26MEARLY VCAl Baleed Petrochemical, GKT
Feb 2026Stacks$23MSERIES ALightspeed Venture Partners
Mar 2026OpenUp$22MLATE VCRubio Impact Ventures, Smartfin
Apr 2026InBiome$16MSERIES ANATO Innovation Fund - NIF

Biggest Amsterdam rounds · Q3 2026 (Top 15 rounds)

DateCompanyAmountRoundLead investors
Sep 2026Wonderful$550MSERIES CInsight Partners
Sep 2026Fortaegis$50MEARLY VCSerendipity Capital
Aug 2026Kynexis$44MSERIES ANovartis Venture Fund
Aug 2026Ore Energy$43MSERIES AHV Capital, Plural
Jul 2026Monumental$32MSERIES BKhosla Ventures
Jul 2026Crisp$28MLATE VCKersting Holding
Jul 2026Carbeau$26MEARLY VCAl Baleed Petrochemical, GKT
Sep 2026NovaGen Group$10MCONVERTIBLEGeoNova Capital
Aug 2026Vangrid$9MSEEDAnimoca Brands, Borderless Capital
Jul 2026Nopan$8MEARLY VCNewion
Aug 2026Neno$7MSEEDAlleyCorp
Jul 2026Promptwatch$7MSEEDseed + speed Ventures
Jul 2026HousApp$5MSEEDAntler, Arches Capital
Aug 2026Mila Health$5MSEEDBas Witvoet, Michel Perridon
Sep 2026Blue Health Intelligence$4MSEEDKnop 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
Nina Chaloum
Curated byNina ChaloumEcosystems Research Lead, Dealroom

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