Amsterdam’s fresh funding news from FINOM, Duna and Toloka

Published on 15 May 2025 at 09:05

Amsterdam continues to establish itself as a hub for innovation and investment, attracting fresh capital through recent funding rounds raised by FINOM, Duna, and Toloka. These developments reflect the strength of the city’s tech ecosystem, particularly in fintech, AI, and digital-first infrastructure. Read on to see how these companies are using new funding to scale their impact and accelerate international growth.

Contact Amsterdam Trade & Invest

The Amsterdam Area's agency for trade and foreign investment

As the region’s official foreign trade and investment agency, we can help international businesses enjoy a soft landing in the Amsterdam Area, and local businesses expand to new markets.

Local startup FINOM lands €92.3M investment

The Dutch capital is one of Europe’s top destinations for ambitious startups and scaleups. Recently, Amsterdam’s digital financial platform FINOM secured a €92.3 million growth investment from General Catalyst’s Customer Value Fund.

This fresh backing follows FINOM’s €50 million Series B in early 2024, bringing its total raised to nearly €190 million. This is a testament to investor confidence and Amsterdam's supportive financial ecosystem.

Founded in 2019, FINOM simplifies financial management for European Small and medium-sized enterprises (SMEs), offering digital tools for invoicing, expense tracking, and account management. Now active in five key markets, including the Netherlands, the company has doubled its revenue and scaled to over 100,000 customers.

Duna raising €10.7M to simplify business identity verification

Fintech identity startup Duna recently announced a €10.7 million Seed round led by Index Ventures and backed by high-profile execs from Stripe, Adyen, Snowflake, and more.

Founded in 2023, Duna tackles one of the internet’s oldest problems: verifying business identity. Their platform combines regulatory compliance with a seamless user experience, helping clients like Plaid, Bol, and Moss speed up onboarding and reduce fraud risk.

With a team of alumni from Stripe, Adyen, Spotify, and Airbnb, Duna is positioning itself to build a global business identity network in the form of a digital passport for companies.

Toloka secures €64M investment to combine tech and human insight

Amsterdam-based Toloka, a specialist in high-quality data solutions for artificial intelligence, has announced a €64 million strategic investment round to accelerate the development of its hybrid human-AI systems.

Founded by Olga Megorskaya, Toloka has built a global reputation as a trusted data partner for major tech players, including Microsoft, Anthropic, Shopify, and others. The company manages a network of over 200,000 experts and annotators across 100 countries and 40 languages, delivering human-verified data essential for training, testing, and refining AI systems.

This new funding will fuel the development of advanced solutions that blend automation with expert human oversight, a model Toloka sees as key to building safe, reliable, and human-centric AI tools. Amsterdam’s focus on innovation, solid infrastructure, and creative approach to problem-solving continues to draw in investments and entrepreneurs.

Contact Amsterdam Trade & Invest

The Amsterdam Area's agency for trade and foreign investment

As the region’s official foreign trade and investment agency, we can help international businesses enjoy a soft landing in the Amsterdam Area, and local businesses expand to new markets.