After a global dip during the start of the pandemic, Europesstartupscene is buzzing yet again.

2021 saw a record-breaking 100bn being injected into European startups, and 100 new unicorns being born across sectors.

It’s free, every week, in your inbox.

Benelux is set to become a unicorn factory, founders and investors best take note

This means more opportunities for would-beentrepreneurs, investors, and tech talent.

The Netherlands: The next tech giant of Europe?

Of the three Benelux countries, the Netherlands is the largest, being home to17.2 million people.

Article image

When it comes to economic power, the Netherlands leads with aGDP of $913.9bnin 2020.

Theyve since left these rounds in the dust, having subsequently scored 600m+ mega-rounds since April 2021.

Its no wonder then that the city is ranked as the#3 tech ecosystem in Europeby Dealroom.

Andrea Hak

(Its also home to TNW enough said.)

The Netherlands is also known for having a strong investor scene.

As the market is quite developed, Dutch VCs are more confident in valuing potential in complex technology.

But the Netherlands isnt without its problems.

Belgium follows the Netherlands with a GDP of$521.9bn.

While this funding is mainly going into healthtech, fintech and energy remain in the countrys top-funded sectors.

The company raised $150m at a $1.4bn+ valuation in January 2022.

Ryan Young, Head of Market at Talkwalkersays:

Luxembourg has so many resources for startups!

For investors, this could mean capturing the next unicorn, before the competition.

Also tagged with