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1. TRACXN MONTHLY REPORT
MARCH 2021
NETHERLANDS TECH

2. Netherlands Tech - March 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 8
New Analyst Picks 9
IPOs 11
Acquisitions 12
Recent News 14

3. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Netherlands Tech Snapshot – March 2021
Netherlands Tech: Snapshot – March 2021
Note : "Investors" refers to "Institutional Investors" only
3
$297M
9 1
Overall Geo Stats
8
12
31
15
13
Funding Rounds $ Invested Analyst Picks
Otrium Upgraded
to SOONICORN
New Investors
Humboldt
Smile Invest
Series A+ rounds Active Investors IPOs
LAVA therapeutics
Acquisitions
Holland Heater#@
PayPlaza#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Amsterdam
(7 Rounds, $159M)
Eindhoven
(2 Rounds, $85M)
Leiden
(1 Rounds, $47M)
Oss
(1 Rounds, $1.4M)
$120M - Series C
Otrium (2015, Amsterdam, $156M)
$48M - Series B
Lightyear (2016, Eindhoven, $54.1M)
$47M - Series A
Meatable (2018, Leiden, $65.1M)
$37M - Series C
EFFECT Photonics (2010, Eindhoven,
$46.5M)
BOM
(2 Investments)
Index Ventures
(1 Investments)
APG
(1 Investments)
DSM
(1 Investments)
Fashion Tech
Otrium
Electric Vehicles
Lightyear
Food Tech
Meatable
Photonics
EFFECT Photonics
Market Size
Companies Covered 9,902
Funded Companies 2,182
Total Funding $9.1B
Funding in last 12 months $2.2B
Top Exits
IPOs 47
Acquisitions 612
Company Stage
Unicorns 3
Soonicorns 20
Minicorns 131
Editor Picks 781
Series A+ 523
Series C+ 110
Acqui-Hires 3
Deadpooled 706
Top Cities
Amsterdam (684 Rounds, $4.0B)
Rotterdam (106 Rounds, $325M)
Top Investors
Startupbootcamp (86 Investments)
Oost NL (63 Investments)

4. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Netherlands Tech as of March 2021
Netherlands Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (March 2021)*
Otrium
(2015, Amsterdam, $156M)
$120M - Series C Index Ventures
Lightyear
(2016, Eindhoven, $54.1M)
$48.0M - Series B
Meatable
(2018, Leiden, $65.1M)
$47.0M - Series A Section 32
EFFECT Photonics
(2010, Eindhoven, $46.5M)
$37.0M - Series C Smile Invest
Crisp
(2018, Amsterdam, $51.3M)
$36.2M - Series B Target Global
Sensor Fact
(2016, Utrecht, $5.8M)
$4.4M - Series A Korys
Dexter
(2017, Amsterdam, $2.5M)
$2.5M - Series A PDENH
RiboPro
(, Oss, $1.4M)
$1.4M - Seed Rockstart
The Selection Lab
(2018, Amsterdam, $357K)
$357K - Seed Arches Capital
*Shows only the lead Investors

5. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (1/2)
List of Funding Rounds in Netherlands Tech in March 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
$37.0M - Series C
EFFECT Photonics (2010, Eindhoven, $46.5M)
Developer of integrated optical communications
products
Smile Invest, Innovation Industries, , BOM, Btov
LATE STAGE
$120.0M - Series C
Otrium (2015, Amsterdam, $156.0M)
Online B2C marketplace for fashion brands
Index Ventures, Eight Roads Ventures
EARLY STAGE
$2.5M - Series A
Dexter (2017, Amsterdam, $2.5M)
AI-based forecasting & data management service
provider to energy utility companies
Newion Investments, PDENH, Andreas Gelfort, Stephen
Asplin
EARLY STAGE
$4.4M - Series A
Sensor Fact (2016, Utrecht, $5.8M)
Provider of building energy management software
Korys, EIT InnoEnergy, FORWARD.one
EARLY STAGE
$36.2M - Series B
Crisp (2018, Amsterdam, $51.3M)
Online store for groceries
Target Global, Keen Venture Partners, Thomas
Plantenga
EARLY STAGE
$47.0M - Series A
Meatable (2018, Leiden, $65.1M)
Produces and supplies lab-cultured meat products
Section 32, DSM, Agronomics, BlueYard, Humboldt,
and 3 more
EARLY STAGE
$48.0M - Series B
Lightyear (2016, Eindhoven, $54.1M)
Developer of solar-powered electric-car
EARLY STAGE
Series A
Fixico (2014, Amsterdam, $14.3M)
Car damage repair management software for auto
workshops
Autotech Ventures, Mundi Ventures, Finch Capital
EARLY STAGE
Series B
NET2GRID (2011, Zeist)
Provider of AI-driven hardware and software solutions
for energy monitoring
Shell Technology Ventures, APG

6. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
List of Funding Rounds (2/2)
List of Funding Rounds in Netherlands Tech in March 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
$356.9K - Seed
The Selection Lab (2018, Amsterdam, $356.9K)
Recruitment management software for enterprises
Arches Capital
SEED STAGE
$1.4M - Seed
RiboPro (, Oss, $1.4M)
Online supplier and developer of RNA based products
Rockstart, BOM
SEED STAGE
Seed
Bringly (2019, Amsterdam)
Provider of ship-from-store solution for retailers
Ponooc, Shamrock Ventures
SEED STAGE
Seed
FlexClub (2018, Amsterdam, $1.2M)
Online car subscription platform
Kindred Ventures, Endeavor, CRE Venture Capital, Matt
Mullenweg, Federico Ranero, and 2 more

7. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Investors
List of New Investors in Netherlands Tech in March 2021
Netherlands Tech: List of New Investors
7
Investor Company Info Round Amount Round Name
Humboldt
7 portfolio companies | Venture capital firm focused on life sciences &
engineering companies
Meatable
Produces and supplies lab-cultured meat products
$47.00M Series A
Smile Invest
1 portfolio companies | Private equity fund focused on multiple sectors
EFFECT Photonics
Developer of integrated optical communications products
$37.00M Series C
APG
3 portfolio companies | Pension fund for the families of Netherlands
NET2GRID
Provider of AI-driven hardware and software solutions for energy
monitoring
Undisclosed Series B
Endeavor
1 portfolio companies | Endeavor South Africa
FlexClub
Online car subscription platform
Undisclosed Seed
Shamrock Ventures
1 portfolio companies | Tech-focused VC firm investing primarily in Netherlands
Bringly
Provider of ship-from-store solution for retailers
Undisclosed Seed
Mundi Ventures
38 portfolio companies | VC firm focusing on tech based startups across the
globe
Fixico
Car damage repair management software for auto workshops
Undisclosed Series A
Kindred Ventures
30 portfolio companies | Venture capital firm investing in early-stage startups
FlexClub
Online car subscription platform
Undisclosed Seed
Section 32
46 portfolio companies | Venture capital fund investing in technology startups
Meatable
Produces and supplies lab-cultured meat products
$47.00M Series A

8. Netherlands Tech - March 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.
8
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Customer Service Software $200M 2 MessageBird | $200M | Series C
2 -- Customer Success Management > CPaaS $200M 1 MessageBird | $200M | Series C
3 -- Second Hand Goods > Collectibles > Auctions $185M 1 Catawiki | $185M | Series D
4 ▲9
Food Tech > Novel Foods > Food Products > Alternative
Proteins > Meat Substitute > Lab Grown
$149M 7 Mosa Meat | $55.0M | Series B
5 ▲3 Payment Routing Solution Provider $106M 1 Mollie | $106M | Series B
6 -- Cancer Drugs $83.0M 2 LAVA therape.. | $83.0M | Series C
7 ▼-5 Rare Metabolic Disorder Drugs $80.0M 1 Pharvaris | $80.0M | Series C
8 ▲6 Electric Bicycle Manufacturers $53.5M 2 VanMoof | $40.0M | Series B
9 -- Product Usage Analytics $50.0M 1 Amplitude | $50.0M | Series E
10 --
MarketingTech > Marketing Optimization > Conversion
Rate Optimization > Website Analytics
$50.0M 1 Amplitude | $50.0M | Series E

9. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (1/2)
Interesting Companies identified by Analysts in Netherlands Tech in March 2021
Netherlands Tech: Analyst Picks
9
Upgraded to SOONICORN
Otrium (2015, Amsterdam, $26.3M, Series B)
Online B2C marketplace for fashion brands
Keadyn, Ludo Onnink, Venture Fathers and 7 other
Investors
Upgraded to SOONICORN
Crisp (2018, Amsterdam, $3.4M, Seed)
Online store for groceries
Keen Venture Partners,Target Global,Thomas
Plantengaand
Upgraded to SOONICORN
Lightyear (2016, Eindhoven, $6.1M, Series A)
Developer of solar-powered electric-car
BOM,EIT Climate-KICand
Upgraded to MINICORN
Sensor Fact (2016, Utrecht, $1.4M, Seed)
Provider of building energy management software
FORWARD.one, EIT InnoEnergy, Utrecht and 2 other
Investors
Added to Editor's Pick
Olx Group (2006, Amsterdam, Unfunded)
Online second-hand trading platform for multi-
category products
Added to Editor's Pick
Antenna Company (2013, Eindhoven, Undisclosed,
Venture Debt)
Ultra wideband and multiband antennas provider
BOM,Ramphastos Investments,BJMD Venturesand
Added to Editor's Pick
GymStory (2018, Amsterdam, $179K, Conventional
Debt)
Mobile-based application for tracking the workouts
RaboBankand
Added to Editor's Pick
PhotonFirst (1996, Alkmaar, Unfunded)
Manufacturer of optical fibre sensors
BOMand

10. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
New Analyst Picks (2/2)
Interesting Companies identified by Analysts in Netherlands Tech in March 2021
Netherlands Tech: Analyst Picks
10
Added to Editor's Pick
Fresh.Point (2015, Arnhem, Undisclosed, Seed)
Provider of collaborative monitoring platform for fruit
and vegetable traders
FInish Acceleratorand
Added to Editor's Pick
Datastreams (2016, Amsterdam, Unfunded)
Low-code automation platform for real-time
compliance services
Added to Editor's Pick
ProductTwo (2020, Unfunded)
Document generation tools for financial markets
Added to Editor's Pick
MoNoA (2018, Eindhoven, Unfunded)
Developer of AI-based wearable device to track stress
levels
Added to Editor's Pick
Tankey (2018, Den Burg, Unfunded)
App-based platform offering fuel-station discovery
solutions
Added to Editor's Pick
Bondex (2018, Groningen, Unfunded)
Online trading platform focused on fixed income
securities
Added to Editor's Pick
Storyteq (2016, Amsterdam, Unfunded)
Cloud-based video & banner creative & management
solutions provider

11. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
IPO Date Company IPO Mcap Exchange Ticker
25 Mar 2021
LAVA therapeutics (2016, S-hertogenbosch, $102M)
Developer of novel gamma delta T-cell engagers to treat cancer
$380M NASDAQ:LVTX
IPOs
List of IPOs in Netherlands Tech in March 2021
Netherlands Tech: IPOs
11

12. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (1/2)
List of Acquisitions in Netherlands Tech in March 2021
Netherlands Tech: Acquisitions
12
Acq. Date Company Acquirer Deal Size
01 Mar 2021
Holland Heater(1975, De Lier)
Develops and produces hot-air heaters and fans for heating and
ventilating sheds and greenhouses
Chore Time Brocks
02 Mar 2021
PayPlaza(2010, Amsterdam)
Omni Channel mobile payment solution provider.
CM Telecom
02 Mar 2021
MarketingXpress(2003, Rotterdam)
Provider of the reputation management software solution
Gorilla
03 Mar 2021
Studio 397(2016, Apeldoorn)
Video game developer focusing on casual games
Motorsport
09 Mar 2021
Gakon Horticultural(1951, Wateringen)
Manufacturer of greenhouses and horticultural systems
Netafim
11 Mar 2021
PARK NOW(2000, Diemen)
Provider of parking management solution
EasyPark
16 Mar 2021
Roadmap(2015, Delft, $4.6M)
White-label app for corporate travel
Emburse
22 Mar 2021
Unit4(1980, Sliedrecht)
Cloud-based enterprise resource planning software for businesses
TA Associates Management
24 Mar 2021
NIXStats(2015, Amsterdam)
Beta : Server and domain monitoring
WebPros
25 Mar 2021
Datlinq(2000, Rotterdam)
AI-based platform providing solutions for market research
Roamler

13. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Acquisitions (2/2)
List of Acquisitions in Netherlands Tech in March 2021
Netherlands Tech: Acquisitions
13
Acq. Date Company Acquirer Deal Size
30 Mar 2021
MedApp(2015, Eindhoven)
Mobile app for medication management
SHOP APOTHEKE EUROPE
30 Mar 2021
24sessions(2015, Amsterdam, $1.5M)
Technology solution for video meeting
MessageBird

14. Netherlands Tech - March 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent News (1/2)
Recent News in Netherlands Tech in March 2021
Netherlands Tech:News
14
Exit News
.
● EssilorLuxottica's GrandVision acquisition okayed by EU Breaking The News
.
● TA Associates’ $2 Billion Acquisition of Unit4 Global Legal Chronicle
.
● Amsterdam-based MessageBird acquires 24sessions to add video to its
omnichannel offering; also acquires Hull Silicon Canals
.
● Dept makes UK and US acquisitions Prolific North
.
● Amsterdam-based traveltech Roadmap acquired by LA-based Emburse Tech.eu
.
● Motorsport Games to Acquire rFactor 2 Developer Studio397 in a $16M Deal
Esports Observer
.
● Admitad acquires Tapfiliate, the Dutch affiliate marketing SaaS platform PR
Newswire
.
● Euronext welcomes the approval of the European Commission on the
contemplated acquisition of the Borsa Italian... GlobeNewswire
.
People News
.
● Philips Appoints New Chief Innovation and Strategy Officer mpo-mag.com
● EVBox Group partners with Aetna Corp. to expand EV charging in New
England, Mid-Atlantic and beyond Telematics News
.
● Ohpen appoints Leni Boeren as chair Finextra
.
● Dept announces four new digital hires in Manchester Prolific North
.
● Immunicum AB (publ) announces that Jeroen Rovers has been appointed
medical director GlobeNewswire
.
● Enviolo hires two on record breaking growth CyclingIndustry
.
Company News
.
● TerraPay forays into Bank Account payments in the USA and Canada to
facilitate same day international money tr... PR Newswire

15. Netherlands Tech - March 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
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 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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