Dutch scale-ups receive more than 400 million in 2020
Even though 2020 was a challenging year due to Covid-19, many Dutch scale-ups have obtained funding in 2020. We used data from data platform Dealroom to make an overview of…
Ropa UshePrivate Equity Research Analyst
3 min read
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The InvestmentEven though 2020 was a challenging year due to Covid-19, many Dutch scale-ups have obtained funding in 2020. We used data from data platform Dealroom to make an overview of 68 Dutch scale-ups (early-VC or series A) who raised more than 400 million euros in funding in 2020. Why this funding overview When StartupJuncture was […] The post Dutch scale-ups receive more than 400 million in 2020 appeared first on StartupJuncture.2020-12-29 | Sieuwert van Otterloo Share this 2016, StartupJuncture tried to raise visibility and transparency for Dutch startups by covering startups, accelerator programs and related news, and succeeded (with help from many other people) in putting the Dutch ecosystem on the map. In 2017, StartupJuncture was put on hold as the founders had other business to attend to. I myself have an IT advisory firm to run (ICT Institute, we do help startups but that is not our main focus), other founders moved to new jobs or even new countries. We therefore stopped our news efforts, but once a year we would like to remind our previous audience that the Dutch ecosystem is still in good shape. Our funding list is meant as a starting point for anyone interested in the Dutch startup ecosystem. You can see immediately what kind of startups and scale-ups are able to raise funds. With some effort, you can find out who the investors are and what accelerators helped these companies Data collection and data source When we started our overview, there was no single good datasource for Dutch startup funding. Since three years ago, there is Dealroom . Dealroom.co is an Amsterdam based data company that tracks funding rounds and companies for many regions, including The Netherlands. The free version allows one to do simple searches and check individual companies. There are paid accounts for complex queries, aimed at serious analysts and investors. We used the free version to compile our list. The sectors were determined by us (Dealroom puts companies in multiple categories). Some currency conversions were made from dollars to euros. From Dealroom, we only selected funding categories “Early-VC” and Series-A. This was mostly done for practical reasons, to keep the list size manageable. These categories were selected since we are interested in established companies that are ready to scale, but that are not household names yet. If you visit deal room, you can find more funding deals in other categories. The full data table RankNameAmount (x 1000 euros)Sector1Neogene Therapeutics100000medical2Vico therapeutics29000medical3Azafaros25000medical4The Protein Brewery22000foodtech5SalviaBioElectronics21000medical6Citryll18500medical7Swishfund15000fintech8Ace & Tate14300fashion9Castor EDC12000medical10Finom12000Fintech11CodeSandbox11000IT12Cobase10000fintech13BTC direct10000cryptocurrency14peelPioneers10000ecotech15Qblox10000quantum processing16Siilo9500communicaion17Oaky9000hospitality18Floryn9000fintech19Rodeo7500SaaS20Ventinova5300medical21Lepaya5000training22Mosa Meat5000ecotech23Factris5000fintech24Cevinio4500fintech25Reynen Court4500legal tech26Brite solar4300energy27PlasmaCure4000medical28Neuroplast4000medical29Weber hospital systems4000medical30Blanco4000fintech31PAIX data centres4000IT32Am-Flow38003D printing33Rynen Court3000legal tech34growth tribe3000training35IME electospinning3000medical36Pieter Pot2700ecotech37Solmates2300semiconductors38GET-E2200transport39Lumicks2000medical40Meeting Select2000hospitality41Gradyent1900energy42Trengo1800messaging43Tusti1500ecotech44ATO-Gear1000wearables45Core Life Analytics1000life science46Avy870drones47StitchedunknownHR48ToucanTocounknownIT49Orexaunknownmedical50Buddy Paymentunknownfintech51MAYHTunknownsound 52Vandersatunknownecotech53HaermonicsunknownMedical54Somnoxunknownmedical55RanMarine Technologyunknownecotech56netOP technologyunknownInternet of Things57SpektraxunknownMedical58Lightyearunknowntransport59Innatossunknownmedical60QuiXunknownquantum processing61TeamshapeunknownHR62Akthel healthcareunknownmedical63Kitepowerunknownenergy64CuRe technologyunknownecotech65Eindhoven Medical Roboticsunknownmedical66SkyNedunknowndrones67HeatTransformersunknownenergy68Sponshunknnownenergy Comparison to previous yearsThis 2020 funding overview can be compared to similar overviews from previous Reported by StartupJunctureAbout {company}For complete details, please refer to the original article.The InvestorFor complete details, please refer to the original article.Market ContextFor complete details, please refer to the original article.What This SignalsFor complete details, please refer to the original article.Based on reporting from StartupJuncture · Read original sourceAnalysis by Senna AI
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This $400m transaction represents significant deal activity. This fund activity signals continued strategic positioning in the sector.
Values from Article
$400m400
$400m400
$400m400
$100000m100000
Deal Characteristics
Fund – 35%Investment – 28%Deal – 22%
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Apr 5, 2026|Senna Analysis
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Finance Career Glossary
Application AuditAn AI-powered analysis of job requirements matched against a candidate's profile, identifying skill gaps, experience matches, and areas for improvement to increase application success rates.
Carried Interest (Carry)A share of investment profits paid to fund managers, typically 20% of gains above a hurdle rate. Understanding carry is essential for evaluating PE compensation packages and negotiating offers.
Total Compensation PackageThe complete value of employment including base salary, bonus, equity, carry, co-investment rights, benefits, and perks. Finance roles often have significant variable compensation beyond base salary.
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Lateral MoveA career transition to a similar-level role at a different firm, often to change strategy focus, location, or firm culture. Common in finance as professionals seek better platform or deal flow.
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São Paulo careers require Portuguese fluency and offer exposure to Latin America's largest economy with complex deals involving currency hedging, regulatory navigation, and cross-border structuring. Compensation is denominated in BRL but top firms pay competitively with global markets.
Top talent sources include FGV, Insper, and USP, with many senior professionals holding international MBAs. Senna provides São Paulo-specific salary benchmarks, firm rankings, and career guidance for candidates targeting Brazil's dynamic financial markets.
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Emerging markets offer accelerated career progression and unique experience that differentiates professionals for future roles. Finance hubs in Mumbai, Shanghai, Lagos, Nairobi, Mexico City, and Istanbul provide exposure to high-growth economies representing $25+ trillion in GDP and 3+ billion consumers.
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Pan-African Finance Career Opportunities
Africa's finance sector is expanding rapidly with career opportunities across Lagos (Nigeria), Nairobi (Kenya), Cairo (Egypt), Casablanca (Morocco), and Johannesburg (South Africa). The continent's 1.4 billion consumers and fastest-growing middle class drive demand for finance professionals.
Key employers include pan-African banks (Standard Bank, Ecobank, Access Bank), regional PE firms (Helios, AfricInvest, DPI), development finance institutions (IFC, AfDB), and global firms expanding African operations. Fintech is particularly dynamic with M-Pesa, Flutterwave, and Paystack creating new career paths.
African finance careers develop unique skills in frontier market investing, impact measurement, mobile money innovation, and navigating diverse regulatory environments across 54 countries. Professionals gain experience unavailable in developed markets.
Compensation varies significantly by country and includes packages with hardship allowances, housing, and security benefits. Senna helps candidates evaluate opportunities across African markets with location-specific intelligence on compensation, lifestyle factors, and career progression.
Finance Careers Across Latin America
Beyond São Paulo, Latin American finance careers span Mexico City, Santiago, Buenos Aires, Bogotá, and Lima. The region's 650 million consumers and proximity to US markets create opportunities across investment banking, PE, asset management, and fintech.
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LATAM finance careers require Spanish fluency (Portuguese for Brazil) and regional expertise. Professionals navigate currency volatility, political transitions, and unique regulatory frameworks while capturing growth from nearshoring trends, fintech disruption, and renewable energy investments.
Compensation varies by country with premium packages for international talent. Senna provides location-specific salary benchmarks and career guidance for professionals targeting Latin American finance opportunities.
Senna Career Intelligence Features
AI-Powered Application Audit
Our Application Audit analyzes job requirements against your profile, identifying skill gaps, matching your experience to requirements, and generating a Job Breakdown Card with compensation intelligence, location insights, and personalized recommendations to strengthen your candidacy.
Tailored Application Toolkit
Get AI-generated application materials including optimized CVs tailored to specific roles, customized cover letters highlighting relevant experience, interview preparation notes, and location-specific relocation intelligence for international opportunities.
Ask Senna AI Career Assistant
Chat with our AI career assistant trained on finance industry data, job market trends, and career development insights. Get answers about specific roles, firms, compensation benchmarks, interview preparation, and career transition strategies personalized to your background.
Global Finance Job Intelligence
Access curated finance opportunities across investment banking, private equity, asset management, hedge funds, and fintech. Filter by seniority, location, and strategy with real-time updates from top employers and executive search firms worldwide.
Location-Specific Career Intelligence
Make informed relocation decisions with comprehensive intelligence on global financial centers including compensation benchmarks, cost of living comparisons, visa requirements, networking opportunities, and lifestyle factors for Dubai, Singapore, Hong Kong, London, New York, and emerging markets.
Why Choose Senna Over Other Platforms
Versus LinkedIn Jobs
While LinkedIn lists millions of jobs, Senna focuses exclusively on finance careers with deeper role analysis. Our Application Audit breaks down requirements, assesses your fit, and generates tailored materials—going far beyond LinkedIn's basic job matching to actually help you land the role.
Versus Indeed and Glassdoor
Generic job boards aggregate listings without analysis. Senna provides finance-specific intelligence including compensation benchmarks from industry data, skill gap analysis, and AI-generated application materials. Our Job Breakdown Card explains what each role actually requires and how to position yourself.
Versus eFinancialCareers
While eFinancialCareers focuses on listings, Senna provides active career intelligence. Our AI analyzes each opportunity, matches it to your profile, generates tailored CVs and cover letters, and provides location-specific intelligence for international roles—transforming passive browsing into strategic applications.
Versus Traditional Headhunters
Headhunters work for employers, not candidates. Senna works for you—analyzing opportunities, preparing your materials, and providing intelligence that helps you negotiate better offers. Use alongside headhunter relationships for maximum career advantage.
Finance Career Resources
Breaking into Finance: Investment Banking, PE, and Beyond
Whether you're targeting investment banking, private equity, asset management, or hedge funds, Senna helps you understand requirements, position your background, and prepare competitive applications. Our AI analyzes what top firms actually look for and how to demonstrate fit.
Finance Interview Preparation
Prepare for technical and behavioral interviews across finance roles. Senna's AI helps with LBO modeling, valuation questions, deal walkthroughs, market sizing, and behavioral frameworks. Get firm-specific insights for interviews at Goldman Sachs, Blackstone, KKR, Citadel, and other top employers.
Finance Salary and Compensation Benchmarks 2024
Comprehensive compensation data across finance careers: Investment Banking Analyst ($150-200k), PE Associate ($200-350k), Hedge Fund Analyst ($200-400k), VP-level ($400k-800k), and senior roles ($1M+). Includes base, bonus, carry, and co-invest across London, New York, Dubai, Singapore, and other markets.
International Finance Careers and Relocation
Explore finance opportunities in global financial centers with Senna's location intelligence. Understand visa requirements, tax implications, compensation adjustments, and lifestyle factors for moving to Dubai, Singapore, Hong Kong, Zurich, or other international hubs.
Career Transitions in Finance
Navigate career transitions from investment banking to PE, from PE to hedge funds, from finance to tech, or between geographies. Senna's Application Audit identifies transferable skills and helps you position experience for new opportunities.
Remote and Flexible Finance Roles
Discover remote-friendly finance positions in portfolio operations, due diligence, investor relations, fintech, and corporate finance. Growing opportunities support hybrid work models without sacrificing career progression or compensation.
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This $400m transaction represents significant deal activity. This fund activity signals continued strategic positioning in the sector.