Amsterdam startup funding news, March 2022
Stay up to date with Amsterdam’s startup scene with our funding roundup for March 2022.
Blackbear secures funding for international growth
The Amsterdam-based company blackbear has raised an undisclosed amount of funding from the investment company No Such Ventures, which will be used to grow its team and expand into the international market. Blackbear offers a marketplace where companies have the opportunity to outsource assignments to people worldwide.
Dutch startup Parkbee raises €30 million
The Dutch startup Parkbee has closed a €30 million deal thanks to Kees Koolen, Booking.com’s former CEO and founder of Koolen Industries, and other investors. Parkbee was founded in 2013 by Jian Jiang and Tom Buchmann and offers customers the opportunity to book a parking space in advance. Parkbee already has garages in various European cities and hopes to expand into more markets soon.
Clairify raises €565,000 in its seed round of funding
A company that analyses the air quality of company buildings has raised €565,000 in a seed round of funding. According to Clairify, high air quality is imperative to achieve optimised energy consumption and decrease health risks, such as those related to Covid-19. The company was founded almost two years before the pandemic and is setting itself up to become a global leader when it comes to indoor air-quality data.
Recruitment hub raises €455,000
The recruitment platform HirePort has raised €455,000 in a seed round of funding. HirePort say that they apply the ‘Uber concept’ to the recruitment market, and thanks to their services, companies can easily hire tech employees via external, vetted recruiters.
Moove closes €95 million deal
The Nigerian-born and Amsterdam-based company Moove has raised an additional €95 million in a Series A2 round of funding. This brings Moove’s total investments to more than €175 million. The company was launched in 2020 by Ladi Delano and Jide Odunsi in Nigeria and offers financing services to the mobility sector by using a unique credit scoring method. The founders plan to use the funding to expand Moove’s operations into Europe, Asia, and the Middle East and North Africa (MENA) region.
Quatt raises funding for its hybrid heat pump
In its attempt to curb rising gas prices and fast-track the adoption of heat pumps in the Netherlands, an Amsterdam-based startup has raised €265,000. Quatt introduced its “all-electric” heat pump, geared towards new builds, after brothers Bas and Marijn Flipse saw a gap in the market. Heat pumps can help a household significantly reduce its gas consumption.
Amsterdam’s Scenic Biotech raises €28 million
Scenic Biotech has closed a Series A round of financing and raised €28 million in order to transition into a development-stage company and advance some of its platforms. The company is considered to be a leader in the discovery of genetic modifiers to enable the development of therapeutics, and is developing a pipeline of ‘disease-modifying therapies’ to treat life-threatening diseases such as cancer.
Clear secures €1 million for its Type 2 diabetes self-help tool
After having secured funds from international investors a couple of months ago, the health startup Clear has now raised an additional €1 million. The company has launched its digital diabetes programme in Rotterdam, aiming to help people with Type 2 diabetes by offering a personal glucose metre and and AI-powered dietary advice. Working with a dietician’s practice and general practitioners, Clear hopes to soon launch its digital self-help tool in other regions as well.
Reynen Court aims to transform the legal sector with additional funding
The legal technology platform provider Reynen Court has raised over €3 million in an additional round of funding. The company was founded by Andrew Klein in 2017 as a means to assist law firms and their management of cloud-based software applications. Investors believe that Reynen Court is well-positioned to play a key role in the digital transformation of the legal sector by making it simple for law firms and law departments to adopt and run third-party software applications.
Sustainable delivery platform Packaly raises €2.4 million
The delivery platform Packaly wants to accelerate its growth into other countries and has received a €2.4 million capital injection to do just that. According to Packaly, the demand for express deliveries has grown by 42% over the last year and will continue to do so in the future.
Amsterdam AgriTech raises over €9.1 million to grow and expand its AI-powered farms
The Amsterdam-based AgriTech startup Source.ag, which aims to transform the food industry with its AI-powered indoor farms, has raised over €9.1 million in funding. The company says that its hi-tech farms can mimic crop development in almost any setting by merging plant models with machine-learning approaches, ultimately combating any disruptions in the global food chain.
Dublin’s FCR Media acquires online marketing agency Youvia
The online marketing agency Youvia has been acquired by Dublin-based company FCR Media as the latter aims to expand into the Dutch market. Both agencies are significant stakeholders in their respective countries and focus on their clients’ internet visibility, discoverability, reach and reputation.
Blockchain-as-a-service provider mintBlue raises €2 million
The Blockchain-as-a-service (BaaS) platform provider mintBlue has raised €2 million in a new round of funding. mintBlue provides an API that enables businesses to migrate data to the public blockchain in order to improve data security and interoperability, aiming to become the de-facto blockchain infrastructure provider for the ‘identity layer for the internet’, web3.
EdTech company Paragin acquires mathematics software provider SOWISO
Paragin, an EdTech software company from The Hague, has acquired the Amsterdam-based mathematics software company SOWISO. Paragin develops solutions for businesses and educational institutions and believes that the partnership will help them better understand their international market space. SOWISO has long been considered a leader in mathematics-related learning and assessments and is expected to add value to Paragin’s educational tools.
Uni-Life looks to expand its product thanks to a €275,000 investment
The digital student community Uni-Life, which helps connect universities with their students, has raised €275,000 from Fundsup in a second round of funding. Uni-Life intends to use the funding to expand abroad by investing in sales and hiring new people who understand various languages and who are familiar with university operations.
Online auction company TBAuctions acquires the Bjarøy Group and PS Auction
Norway's Bjarøy Group and Sweden's auction platform PS Auction has been acquired by the online auction company TBAuctions. The Dutch auction company sells various second-hand goods and hopes to expand its services and build a pan-European platform. TBAuctions also gained Summa Equity as a minority shareholder.
Be Addy closes new funding round
The online marketing technology tool Be Addy has finalised a new financing round. By using their software, organisations can optimise their media strategy and generate reports with the help of Be Addy's one-login solution across different channels. The company is set to focus on assisting its clients via training and tutorials over the coming months.
SaaS startup Altura Platform raises €500,000
The tendering platform Altura Platform has raised €500,000 in funding to further accelerate its product. The Utrecht-based company helps people better understand the tendering process and launched its platform to centralise necessary tender information. This investment will help Altura Platform to boost its operations and hopefully double the number of SMEs participating in tenders.