Country comparison

Netherlands vs Canada: startup funding compared

Since 2 June 2025, startups in the Netherlands raised $4.9B across 154 rounds, about as much as Canada's $4.8B.

$4.9BCapital raised$4.8B
154Rounds114
$4.8MMedian round$6M
0.7%Share of all capital0.7%
53%Early-stage rounds55%

Capital raised running total by month

$4.9B$2.5B Netherlands, end of Jun 25: $268MNetherlands, end of Jul: $351MNetherlands, end of Aug: $367MNetherlands, end of Sept: $843MNetherlands, end of Oct: $1.3BNetherlands, end of Nov: $2BNetherlands, end of Dec: $2BNetherlands, end of Jan 26: $2.4BNetherlands, end of Feb: $2.7BNetherlands, end of Mar: $2.9BNetherlands, end of Apr: $3BNetherlands, end of May: $3.1BNetherlands, end of Jun: $3.6BNetherlands, end of Jul: $3.6BNetherlands, end of Aug: $3.7BNetherlands, end of Sept: $4.5BNetherlands, end of Oct: $4.6BNetherlands, end of Nov: $4.9BCanada, end of Jun 25: $206MCanada, end of Jul: $392MCanada, end of Aug: $1.1BCanada, end of Sept: $1.1BCanada, end of Oct: $1.2BCanada, end of Nov: $2BCanada, end of Dec: $2BCanada, end of Jan 26: $3.2BCanada, end of Feb: $3.7BCanada, end of Mar: $3.9BCanada, end of Apr: $3.9BCanada, end of May: $4BCanada, end of Jun: $4.5BCanada, end of Jul: $4.5BCanada, end of Aug: $4.7BCanada, end of Sept: $4.7BCanada, end of Oct: $4.7BCanada, end of Nov: $4.8B Jun 25SeptDecMarJunSept
NetherlandsCanada
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Where the money goes share of capital by sector

Netherlands

  • AI34%$1.6B
  • Other23%$1.1B
  • Enterprise software11%$539M
  • Climate & Energy9%$466M
  • Robotics & Hardware9%$450M
  • Fintech7%$343M

Canada

  • AI43%$2.1B
  • Robotics & Hardware25%$1.2B
  • Other13%$611M
  • Enterprise software8%$372M
  • Fintech4%$190M
  • Health4%$181M

Biggest rounds

Stage mix share of rounds

NetherlandsCanada
38%Pre-Seed and Seed39%
16%Series A16%
9%Series B10%
5%Series C and later8%
32%Other or undisclosed27%

Most active investors rounds joined

InvestorNetherlandsCanada
Invest-NL14·
Innovation Industries9·
Antler7·
BOM7·
Oost NL7·
Rabobank7·
BDC Capital·6
EIC Fund6·
Garage Capital·6
Inovia Capital·6
Khosla Ventures15
LUMO Labs6·

Startup hubs rounds and capital by city

Netherlands

  • Amsterdam67$2.9B
  • Eindhoven15$624M
  • Rotterdam4$405M
  • Utrecht6$178M
  • Naarden2$73M
  • Veldhoven1$45.9M

Canada

  • Toronto37$2.3B
  • Vancouver15$903M
  • Montreal25$535M
  • Montréal1$302M
  • Calgary9$155M
  • Richmond3$122M

Latest rounds

Questions

Which country raised more startup funding, the Netherlands or Canada?

The Netherlands. Since 2 June 2025, startups in the Netherlands raised $4.9B across 154 rounds, against $4.8B across 114 rounds in Canada. That is 0.7% and 0.7% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in the Netherlands and Canada?

154 rounds in the Netherlands and 114 rounds in Canada since 2 June 2025, about 9 and 6 a month.

Are startup rounds bigger in the Netherlands or Canada?

The median round is $4.8M in the Netherlands and $6M in Canada, and the average round $31.9M and $42.2M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in the Netherlands?

The biggest startup rounds in the Netherlands since 2 June 2025 are Wonderful ($550M, Series C, 2 Sept 2026), Picnic ($495M, Growth, 21 Nov 2025) and Nearfield Instruments ($380M, Series D, 22 Jun 2026).

What is the biggest startup round in Canada?

The biggest startup rounds in Canada since 2 June 2025 are Waabi ($750M, 30 Jan 2026), Clio ($500M, Series G, 10 Nov 2025) and Cohere ($500M, 14 Aug 2025).

Which sectors attract the most startup funding in the Netherlands and Canada?

In the Netherlands, AI ($1.6B, 34% of the capital), Enterprise software ($539M, 11%) and Climate & Energy ($466M, 9%) lead. In Canada, AI ($2.1B, 43% of the capital), Robotics & Hardware ($1.2B, 25%) and Enterprise software ($372M, 8%) lead.

Is the Netherlands or Canada better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 53% of rounds in the Netherlands and 55% in Canada. The Netherlands recorded 58 Pre-Seed or Seed rounds and Canada 45 Pre-Seed or Seed rounds, with a median of $2.1M and $3.3M.

How much growth funding (Series B and later) goes to the Netherlands and Canada?

Startups in the Netherlands raised $2.2B in 22 Series B or later rounds, 45% of the country's capital. In Canada, $1.9B in 20 rounds, 39% of the capital.

Who are the most active startup investors in the Netherlands?

Invest-NL (14 rounds, 4 led), Innovation Industries (9 rounds, 5 led) and Rabobank (7 rounds, 1 led) are the most active investors in the Netherlands.

Who are the most active startup investors in Canada?

BDC Capital (6 rounds, 2 led), Inovia Capital (6 rounds, 1 led) and Garage Capital (6 rounds, 1 led) are the most active investors in Canada.

Which investors back startups in both the Netherlands and Canada?

13 investors joined rounds in both countries. The most active: Khosla Ventures (1 in the Netherlands, 5 in Canada), General Catalyst (3 in the Netherlands, 2 in Canada), Bessemer Venture Partners (2 in the Netherlands, 2 in Canada), Lakestar (2 in the Netherlands, 1 in Canada) and Expeditions (2 in the Netherlands, 1 in Canada).

Which cities lead startup funding in the Netherlands and Canada?

Amsterdam leads the Netherlands with $2.9B across 67 rounds, ahead of Eindhoven ($624M). Toronto leads Canada with $2.3B across 37 rounds, ahead of Vancouver ($903M).

Which month brought the most startup funding?

In the Netherlands, September 2026 ($835M). In Canada, January 2026 ($1.2B).

How much did startups in the Netherlands and Canada raise in the last 90 days?

In the 90 days to 10 Nov 2026, startups in the Netherlands raised $1.3B across 14 rounds and in Canada $274M across 9 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

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