The ecosystem of venture capital in Amsterdam is picking up speed, unofficially becoming a premier tech hub in Europe:

  • Over €2.1B was invested in startups in 2023, with nearly €1.9B channelled into Dutch ventures alone. 
  • The number of deals increased by 6%, from 393 in 2022 to 417 in 2023. 
  • AI-focused startups snagged 10% of these deals, accounting for 15-20% of the total investment stakes. 
  • Leading the funding race were fintech, biotech, and cleantech sectors, with standout raises like Tagworks’ €60M and a combined €33M for E-magy, HeatTransformers, and Pryme.

Add to this the city’s blend of skilled talent and supportive infrastructure (accelerators and government incentives), and you’ll get the perfect hotspot for startup growth, with Amsterdam’s venture capital firms at the forefront.  

So, who are the main VC players shaping Amsterdam’s startup scene? We answer this question in the list below, complete with their investment criteria and contact details for easy reach.

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1. Bio Generation Ventures

➡️ BGV funnels investments into early-stage European startups across medtech, biotech, and diagnostics sectors that address unmet medical needs. The firm focuses on building top-notch teams to fuel healthcare innovations. With over €400M in assets under the management of five funds and the FIRST fund. Plus, this VC fund led the biggest sale ever of a private European biotech company—Acerta Pharma.

Industries: BioTech

Funding stage: Seed & Series A 

Value-added beyond money: The company leverages its extensive experience and network to steer advancements toward clinical trials, achieving successful drug development. 

Total funding amount: €222M

Number of investments: 52

Average number of rounds per year: 8

Number of exits: 8

Notable portfolio companies: New Amsterdam Pharma, TigaTx, Mironid

Contacts: Contact-us page, LinkedIn

2. Acrobator Ventures

➡️ Acrobator Ventures helps tech founders carve out a slice of pre-seed and seed venture capital in the Netherlands. The fund supports startups from CIS, Baltics, and CEE regions, aiming to build bridges between Eastern entrepreneurs and Western markets (the USA).

Industries: B2B(2C) AI/ML software: Cybersecurity, Fintech, Infrastructure, Synthetic Media, Data-Heave Technologies

Funding stage: Pre-seed, Seed 

Total funding amount: €25.5M

Average check size: €200K – €1.25M

Number of investments: 15

Notable portfolio companies: Nomads, Piano, Harver

Contacts: Submit-your-pitch-form, Contact page, LinkedIn

3. Newion

➡️ Newion, a VC fund supporting ambitious entrepreneurs within business software. With its hands-on approach, extensive knowledge, and broad network, the firm assists Northwest European companies in becoming market leaders. So, if you’re an early-stage startup searching for help beyond funds—Newion is your go-to choice.

Industries: B2B Cloud, SaaS & Software

Funding stage: Seed, Series A

Average check size: €1M-€3M (up to €5M for follow-on investments)

Total funding amount: €313M

Number of investments: 64

Average number of rounds per year: 5

Number of exits: 20

Notable portfolio companies: AM-Pharma, Airfocus, Numab

Contacts: Contact page, LinkedIn

4. HenQ

➡️ HenQ is an early-stage venture capital fund from the Netherlands. It specializes in turbocharging B2B startups. With investments ranging from €1M to €10M, HenQ propels companies to €10M in ARR, typically achieving this with less cash burned and minimal equity given up. What’s more, the chances to secure a successful follow-on funding round are 2.7 times higher compared to the average.

Industries: B2B Software

Funding stage: Early stage

Average check size: €1M – €5M

Total funding amount: €155M

Number of investments: 57

Average number of rounds per year: 5

Number of exits: 10

Notable portfolio companies: Stravito, Yoho, Bluetick

Contacts: LinkedIn

5. Prosus Ventures

➡️ Prosus Ventures is a VC investment arm of Propus, a leading consumer internet powerhouse and one of the top tech investors globally. They spot high-potential companies ready to go global. Their mission is to fast-track such companies across Southeast Asia, India, Europe, and the Americas to market leadership through custom support.

Industries: E-commerce, Mobility & Logistics, Fintech, Blockchain, Agritech & Sustainability, SaaS, B2B

Funding stage: Seed, Series A-C

Average check size: €1 – €10M

Number of investments: 94

Average number of rounds per year: 10

Number of exits: 4

Notable portfolio companies: Bilt Rewards, Corti, Captain Fresh

Contacts: LinkedIn (Propus Group)

6. Prime Ventures

➡️ Prime Ventures, since 1999, has supported over 50 European tech companies. They don’t scatter their capital widely, preferring to invest in a few startups each year for deeper, long-term relationships.

Industries: SaaS, Marketplaces, Fintech, Consumer, Cyber, Proptech, Deeptech

Funding stage: Series A, B & C

Average check size: €7 – €15M

Total funding amount: €687M

Number of investments: 64

Average number of rounds per year: 2

Number of exits: 19

Notable portfolio companies: Mendix, Takeaway, TerraPay, Holidu, and Blueground

Contacts: Contact-us page, LinkedIn

7. Finch Capital

➡️ Finch Capital partners with visionary founders in the finance and business technology sectors. The firm actively supports female entrepreneurship through its “Female Code” initiative and collaborates with the Principles for Responsible Investment (PRI), a United Nations-supported network, emphasizing its commitment to sustainable, diverse, and responsible investment practices.

Industries: Payments, Regulatory & ESG Software, Software & Accounting, Real Estate Technology, Banking & Asset Management, Business Applications, Insurance, Healthtech

Funding stage: Series A, B & C

Average check size: €5- €15M (up to €50M)

Total funding amount: €300M

Number of investments: 42

Average number of rounds per year: 5

Number of exits: 14

Notable portfolio companies: Grab, Twisto, PerfOps

Contacts: Contact email, LinkedIn

8. Anterra Capital

➡️ Anterra Capital, a venture capital firm in Amsterdam backing companies that revolutionize the global food systems through biotechnology and digital solutions. With backing from investment giants like Rabobank, Novo Holdings, and Tattarang, Anterra leverages an extensive network of experts, talent, and customers throughout the food value chain.

Industries: Agriculture, Animal Health, Food

Funding stage: Seed, Series A, B, C, D (typically, Series A and Series B)

Average check size: €1M – €10M

Total funding amount: €460M

Number of investments: 35

Average number of rounds per year: 1

Number of exits: 4 (IPO—1)

Notable portfolio companies: Enko Chem, Inc., Invetx, ProducePay Inc.

Contacts: Get-in-touch page, LinkedIn

9. Endeit Capital BV

➡️ Endeit Capital BV, a European scale-up investor with offices in the Netherlands, Germany, and Sweden, has supported over 72 founders since 2006. Plus, this fund boasts a portfolio of 23 successful exits.

Industries: Future of Work, Sales Tech, Supply Chain, Fintech, AI, ClimateTech

Funding stage: Series A, Series B

Average check size: €7 – €15M

Total funding amount: €833M

Number of investments: 44

Average number of rounds per year: 3

Number of exits: 23

Notable portfolio companies: ParcelLab Inc.m, Sharpist, Lepaya

Contacts: Get in-touch information at the end of the page, LinkedIn

10. Peak

➡️ Peak, fully backed by entrepreneurs, fuels early-stage startups with initial venture capital. From Amsterdam to Berlin and Stockholm, this VC supports founders with solid GMT strategies, strong customer validation, and positive unit economics. They operate across Europe, especially in the Benelux, Nordics, and DACH. Big markets, grand ambitions, and deep moats—that’s what they are looking for.

Industries: SaaS, Marketplace & Platforms

Funding stage: Seed, Series A

Average check size: €250k- €4M

Total funding amount: €233M

Number of investments: 71

Average number of rounds per year: 12

Number of exits: 7

Notable portfolio companies: Hygraph, Creative Fabrica, Channable

Contacts: Pitch-to-us-form, LinkedIn

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11. SET Ventures

➡️ SET Ventures actively empowers startups, leveraging venture capital, a vast network, and expert insights to champion a carbon-free energy system. They firmly believe that the path to net zero energy lies not only in science and engineering but also in innovative business models and applications. This conviction guides their support for Europe’s most ambitious entrepreneurs, who are at the forefront of revolutionizing the energy sector.

Industries: Distributed Energy Systems, Digital Utilities, AI, Industrial Energy Management, Built Environment, Mobility & Transport 

Funding stage: Late-Seed, Series A, Late Series A (typically Series A)

Average check size: €2- €6M

Total funding amount: €200M

Number of investments: 51

Average number of rounds per year: 6

Number of exits: 8

Notable portfolio companies: Instagrid, Sensorfact, General Fusion

Contacts: Contacts, LinkedIn

12. Axivate Capital

➡️ Axivate Capital is a dynamic private equity firm in Amsterdam that fuels global expansion and value creation for Dutch and European ventures in e-commerce, leisure, internet, and digital media sectors. With an eye on innovation, they channel investments into both innovative budding startups and established companies with untapped potential.

Industries: Media, E-Commerce, Travel & Hospitality, Internet & Mobile

Funding stage: Seed, Early Stage

Average check size: €1 – €5M

Number of investments: 41

Average number of rounds per year: 5

Number of exits: 17

Notable portfolio companies: Jmango360, Neurocast, Dealconomy

Contacts: Contact-page, LinkedIn

13. Volta Ventures

➡️ Volta Ventures, a venture capital fund in the Netherlands, opens its wallet wide for seed and early-stage SaaS startups across the Benelux region.

Industries: Deep Tech & Hard Science, Fintech, DevOps, Healthcare, Proptech & Real Estate, Gaming, Cybersecurity, Travel & Hospitality, Hardware & Industrials, SaaS

Funding stage: Seed, Early Stage

Average check size: €300K – €2M

Total funding amount: €125M

Number of investments: 68

Average number of rounds per year: 5

Number of exits: 6

Notable portfolio companies: Cashforce, TerminusDB, Sentiance

Contacts: Contacts, LinkedIn

14. Dutch Founders Fund

➡️ Dutch Founders Fund invests in early-stage startups that build SaaS marketplaces of the future. Founded by leading Dutch entrepreneurs Laurens Groenendijk, Remco van Zanten, Patrick Kerssemakers, and Hidde Hoogcarspel, the firm boasts a pan-European reach and seeks out founders who are not only go-getters but also possess infinite curiosity.

Industries: Media, Biotech, Enterprise, Fintech, SaaS, Supply Chain & Logistics, Healthcare, Education, Climate & Sustainability, Marketplace, Crypto & Blockchain

Funding stage: Pre-Seed, Seed, Series A

Value-added beyond money

Samen Slimmer—a unique venture alliance between DFF, Keen Venture Partners, and Slimmer AI. They offer up to €700K tickets and support to help European founders launch AI-driven businesses. 

Average check size: €500K – €2M

Total funding amount: €62M

Number of investments: 37

Average number of rounds per year: 9

Number of exits: 1

Notable portfolio companies: WeTransfer, Just-Eat, Treatwell

Contacts: Get-in-touch-page, LinkedIn

15. Rockstart

➡️ Rockstart is a pro-sustainable future venture capital fund in Amsterdam. Since kicking off in 2011, they’ve backed hundreds of companies, having become a pioneering Europe accelerator. In 2019, they zeroed in on launching four funds across three sectors: agrifood, energy, and emerging technologies.

Industries: Agriculture, Energy, Industrial, Big Data & Analytics, Healthcare, AI & ML, Crypto & Blockchain, IoT, Smart Cities

Funding stage: Pre-Seed, Seed, Series A, Series B

Value-added beyond money

The firm offers access to its extensive network of co-investors, partners, mentors, and corporates. 

Average check size: €100K – €250K

Total funding amount: €147M

Number of investments: 350

Average number of rounds per year: 20

Number of exits: 13

Notable portfolio companies: Wercker, Hubs, iClinic

Contacts: Contacts, LinkedIn

16. Inkef Capital

➡️ Inkef is an early-stage, hands-on investment company that supports European startups building solutions in healthcare and technology sectors. They mostly channel investments in Seed and Series A ventures, but they may step in earlier or later if the company demonstrates exceptional potential.

Industries: Technology, Future of Commerce, Data & AI Stack, Future of Work, Fintech, Future of Software Engineering, DeepTech, Healthcare, Therapeutics, Medical Devices, Digital Health

Funding stage: Seed, Series A

Average check size: €2M- €10M

Total funding amount: €500M

Number of investments: 79

Average number of rounds per year: 5

Number of exits: 16

Notable portfolio companies: QurAlis, AmbAgon Therapeutics, ViCentra

Contacts: LinkedIn

17. SYSTEMIQ

➡️ SYSTEMIQ is a London-based VC fund that invests in climate tech startups across Europe, North America, and Israel. They target innovation that would accelerate the transition to a net-zero economy.

Industries: Sustainable Food & Materials, Clean Transport, Climate Intelligence & Finance, Climate Restoration

Funding stage: Typically invest in Late Seed, Series A, and Series B 

Average check size: €2- €10M

Total funding amount: €70M

Number of investments: 19

Average number of rounds per year: 8

Number of exits: 3

Notable portfolio companies: Jupiter Intelligence, Brimstone Energy, Nautilus Labs

18. ACT Venture Partners

➡️ ACT Venture Partners nurtures early-stage deep-tech startups, keeping a keen eye on groundbreaking tech and stellar teams. 

Industries: IoT, AI, MedTech

Funding stage: Seed, Early Stage

Value-added beyond money

Average check size: €0.5 – €2M

Total funding amount: €46M

Number of investments: 30

Average number of rounds per year: 4

Number of exits: 4

Notable portfolio companies: Picus Security, Ai Build, Hazy

Contacts: Contacts, LinkedIn

Wrapping up

Amsterdam has become a prime destination for innovators and game-changers aiming to make a splash in the European market. Eyeing venture capital in Amsterdam for your startup? Here are some tried-and-true investor outreach tips :

  • Create a list of target investors that align with your industry, stage, and product.
  • Research every firm to understand your investors’ needs, the language they speak, etc. 
  • Personalize your outreach in line with each firm’s preferences.  
  • Create a standout pitch deck.
  • Follow up.

To help you cut corners, check our pitch deck and financial model guides for field-tested tips that have helped our clients raise $505M in 2023.

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Ruslana

CONTENT WRITER

Hello! I'm Ruslana, a Content Writer at Waveup. Based on my background in marketing research and business analytics, and my current collaboration with the savvy team at Waveup, I'm excited to share my insights and learnings with you.