2024 was the third-best funding 12 months ever for Dutch startups, following the height years 2021 and 2022!
In response to 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 Verify, Dealroom, KPMG NL Rising Giants, the Regionale Ontwikkelingsmaatschappijen (ROMs), NVP, Techleap, Make investments-NL, and the Dutch Startup Affiliation.
26% decline in funding
In response to the report, the highest 3 largest investments in This fall of 2024 are:
Nevertheless, regardless of these sturdy figures, there was a decline in This fall, says the report.
In This fall, €460M was invested, 26 per cent lower than in This fall 2023 (€620M) and a couple 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 fall 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 12 months (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 proportion of offers valued under €1M declined.
Whereas in 2023, one-third of investments have been under this threshold, by 2024, this share decreased to simply 25 per cent, even with a decreased total variety of offers.
Delay in fundraising
In response to the report, the fundraising panorama has change into more difficult for each startups and traders.
Startups are struggling to safe follow-on rounds as a consequence of a lower in Seed and Collection A rounds.
Consequently, they typically want extension, bridge, or top-up rounds to proceed working.
Buyers, 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 Verify, feedback, “After a great begin within the first quarter, I had anticipated and hoped that after nearly two years of relative establishment, funding development would decide up.”
“Sadly, that was not the case. Many startups are having a more durable time attracting follow-on funding, traders typically must step in with further capital and so they want extra time to lift new funds. So there are nonetheless many challenges. A greater exit market in 2025 can be certain that investments additionally come on stronger,” concludes Mensink.
