Country comparison

Netherlands vs Italy: startup funding compared

Since 2 June 2025, startups in the Netherlands raised $4.9B across 154 rounds, 2.7 times Italy's $1.8B.

$4.9BCapital raised$1.8B
154Rounds117
$4.8MMedian round$3.8M
0.7%Share of all capital0.3%
53%Early-stage rounds57%

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: $4.9BItaly, end of Jun 25: $56.9MItaly, end of Jul: $171MItaly, end of Aug: $177MItaly, end of Sept: $245MItaly, end of Oct: $720MItaly, end of Nov: $897MItaly, end of Dec: $1BItaly, end of Jan 26: $1.1BItaly, end of Feb: $1.1BItaly, end of Mar: $1.1BItaly, end of Apr: $1.2BItaly, end of May: $1.4BItaly, end of Jun: $1.4BItaly, end of Jul: $1.4BItaly, end of Aug: $1.4BItaly, end of Sept: $1.8BItaly, end of Oct: $1.8BItaly, end of Nov: $1.8B Jun 25SeptDecMarJunSept
NetherlandsItaly
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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

Italy

  • AI30%$544M
  • Enterprise software20%$358M
  • Health19%$335M
  • Other10%$178M
  • Robotics & Hardware6%$116M
  • Cybersecurity6%$101M

Biggest rounds

Stage mix share of rounds

NetherlandsItaly
38%Pre-Seed and Seed44%
16%Series A13%
9%Series B3%
5%Series C and later3%
32%Other or undisclosed36%

Most active investors rounds joined

InvestorNetherlandsItaly
CDP Venture Capital129
Invest-NL14·
Vento·11
360 Capital18
Innovation Industries9·
United Ventures·8
Antler7·
BOM7·
Italian Founders Fund16
Oost NL7·
Rabobank7·
EIC Fund6·

Startup hubs rounds and capital by city

Netherlands

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

Italy

  • Milan53$976M
  • Rome9$381M
  • Genoa2$85.9M
  • Turin10$49.5M
  • Pianezza1$23.5M
  • Cantù1$17.2M

Latest rounds

Questions

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

The Netherlands. Since 2 June 2025, startups in the Netherlands raised $4.9B across 154 rounds, against $1.8B across 117 rounds in Italy, 2.7 times more. That is 0.7% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.

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

154 rounds in the Netherlands and 117 rounds in Italy since 2 June 2025, about 9 and 7 a month.

Are startup rounds bigger in the Netherlands or Italy?

The median round is $4.8M in the Netherlands and $3.8M in Italy, and the average round $31.9M and $15.3M. 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 Italy?

The biggest startup rounds in Italy since 2 June 2025 are Exein ($270M, 15 Sept 2026), Bending Spoons ($270M, Growth, 30 Oct 2025) and AAVantgarde Bio ($141M, Series B, 3 Nov 2025).

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

In the Netherlands, AI ($1.6B, 34% of the capital), Enterprise software ($539M, 11%) and Climate & Energy ($466M, 9%) lead. In Italy, AI ($544M, 30% of the capital), Enterprise software ($358M, 20%) and Health ($335M, 19%) lead.

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

Early-stage rounds (Pre-Seed, Seed and Series A) make up 53% of rounds in the Netherlands and 57% in Italy. The Netherlands recorded 58 Pre-Seed or Seed rounds and Italy 52 Pre-Seed or Seed rounds, with a median of $2.1M and $2.3M.

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

Startups in the Netherlands raised $2.2B in 22 Series B or later rounds, 45% of the country's capital. In Italy, $461M in 8 rounds, 26% 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 Italy?

CDP Venture Capital (29 rounds, 10 led), Vento (11 rounds) and United Ventures (8 rounds, 6 led) are the most active investors in Italy.

Which investors back startups in both the Netherlands and Italy?

18 investors joined rounds in both countries. The most active: CDP Venture Capital (1 in the Netherlands, 29 in Italy), 360 Capital (1 in the Netherlands, 8 in Italy), Italian Founders Fund (1 in the Netherlands, 6 in Italy), Base10 Partners (1 in the Netherlands, 4 in Italy) and Angelini Ventures (2 in the Netherlands, 2 in Italy).

Which cities lead startup funding in the Netherlands and Italy?

Amsterdam leads the Netherlands with $2.9B across 67 rounds, ahead of Eindhoven ($624M). Milan leads Italy with $976M across 53 rounds, ahead of Rome ($381M).

Which month brought the most startup funding?

In the Netherlands, September 2026 ($835M). In Italy, October 2025 ($474M).

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

In the 90 days to 12 Nov 2026, startups in the Netherlands raised $1.3B across 14 rounds and in Italy $391M across 12 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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