Investments in startups fall after a good start to the year

Investments in start-ups amounted to around 430 million euros in the second quarter, 10 percent less than in the same period last year. In the first quarter of this year, this amounted to almost 1.1 billion euros.

According to the start-up, the number of investments remained roughly the same compared to the first months of the year, but very large financial injections of around 100,000 euros or more were missing. “Such rounds are exceptional in the Netherlands and difficult to predict,” says DSA.

The biggest deal

The biggest deal of the last quarter involved artificial intelligence startup Axelera AI. This involved an investment of $68 million. There was also €42 million for BioBTX, a company that wants to convert plastic waste into chemical raw materials.

Artificial intelligence and biotechnology attracted the largest investments across all sectors. Among the best-known companies in the top 10 largest seed investments were also the cultured meat company Mosa Meat, with €40 million, and the online bank bunq, which raised €29 million in investment.

Source link

Leave a Comment

dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus dus