2024 was the third-best funding yr ever for Dutch startups, following the height years 2021 and 2022!
Based on the Quarterly Startup Report, Dutch startups and scale-ups raised an estimated €2.5B in 2024. This is a rise of 19 % in comparison with 2023 when €2.1B was invested.
The Quarterly Startup Report is a collaborative effort by Golden Egg Examine, Dealroom, KPMG NL Rising Giants, the Regionale Ontwikkelingsmaatschappijen (ROMs), NVP, Techleap, Make investments-NL, and the Dutch Startup Affiliation.
26% decline in funding
Based on the report, the highest 3 greatest investments in This autumn of 2024 are:
Nevertheless, regardless of these sturdy figures, there was a decline in This autumn, says the report.
In This autumn, €460M was invested, 26 per cent lower than in This autumn 2023 (€620M) and a pair of per cent lower than in Q3 2024 (€470M). The variety of offers decreased by 25 per cent, from 114 to 85, in comparison with This autumn 2023.
18% decline within the variety of offers
The variety of offers is considerably down in comparison with earlier years. In 2021, 2022, and 2023, there have been roughly 415 investments per yr (or round 105 per quarter).
Nevertheless, in 2024, solely 342 printed rounds have been recorded, indicating an 18 per cent lower.
Decline in pre-seed investments
In 2024, each the quantity and share of offers valued beneath €1M declined.
Whereas in 2023, one-third of investments have been beneath this threshold, by 2024, this share decreased to only 25 per cent, even with a diminished general variety of offers.
Delay in fundraising
Based on the report, the fundraising panorama has change into tougher for each startups and traders.
Startups are struggling to safe follow-on rounds as a result of a lower in Seed and Collection A rounds.
In consequence, they usually want extension, bridge, or top-up rounds to proceed working.
Traders, or enterprise capitalists (VCs), are additionally experiencing longer timelines in elevating their funds. Many are settling for smaller fund sizes than they initially aimed for, and a few even determined to cease their fundraising efforts fully, provides the report.
Thomas Mensink, CEO of Golden Egg Examine, feedback, “After an excellent begin within the first quarter, I had anticipated and hoped that after virtually two years of relative establishment, funding progress would choose up.”
“Sadly, that was not the case. Many startups are having a more durable time attracting follow-on funding, traders usually need to step in with extra capital they usually want extra time to lift new funds. So there are nonetheless many challenges. A greater exit market in 2025 can make sure that investments additionally come on stronger,” concludes Mensink.
