{"id":12978,"date":"2024-10-15T01:35:48","date_gmt":"2024-10-15T01:35:48","guid":{"rendered":"https:\/\/topat10.com\/?p=12978"},"modified":"2024-10-15T01:35:48","modified_gmt":"2024-10-15T01:35:48","slug":"the-hottest-startups-in-amsterdam-in-2024","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=12978","title":{"rendered":"The Hottest Startups in Amsterdam in 2024"},"content":{"rendered":"


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The 2023 Atomico’s State of European Tech Report<\/a> revealed Netherlands to be a standout success, cementing its position as a star player in the startup ecosystem. In terms of capital invested in its private tech companies, for instance, it\u2019s risen back into the top five countries with a projected $2.1 billion<\/a>. And while the UK has seen the share of its European capital invested drop by almost 3 percent within the past three years<\/a>, the Netherlands comes out top, capturing the biggest gains in Europe at almost 2 percent. The hub of the Netherlands\u2019 startup ecosystem is Amsterdam, which hosts around 4,000 startups<\/a>, including unicorns like Mollie<\/a>, Mambu<\/a>, and Backbase<\/a>. Known for its international focus, collaborative ecosystem, and diverse and skilled workforce, it\u2019s also dedicated to tackling urgent societal issues.<\/p>\n

\u201cSuccessful innovation in Amsterdam is driven by global challenges, such as the energy transition or the aging population,” explains Jo\u00ebl Dori of StartupAmsterdam, which works to bring the public and private sectors together to support startups, scale-ups, entrepreneurs, and other players in the local ecosystem. \u201cIt’s what founders and the public in Amsterdam care about.\u201d Dori notes, however, that issues within the city, such as the tight housing market and worries from founders about startup-related policies, must be tackled in order to attract and retain the capital\u2019s high-caliber talent.<\/p>\n

Overstory<\/h2>\n

Vegetation is the single greatest factor behind power outages<\/a> caused by the electrical grid due to trees falling on power lines or by sparking wildfires\u2014and the problem is only worsening due to changing climate and more frequent storms. \u201cUsing images from satellites and airplanes, we use computer vision to find trees and estimate their height, health and species,\u201d says Indra den Bakker, who cofounded Overstory with Anniek Schouten in 2018. This allows electric utility companies to direct their tree-pruning efforts to areas where the likelihood that trees will come in contact with power lines is higher. Raising $25 million to date, with support from Pale Blue Dot, B Capital, CapitalT, Moxxie Ventures, Overstory\u2019s clients already include four of the top 10 American utilities. One investor-owned utility, for instance, has saved more than $3 million in vegetation costs. overstory.com<\/a><\/p>\n

Coolgradient<\/h2>\n

By 2030, data centers could use 3.2 percent of global electricity consumption<\/a>. However, few data center operators can effectively control their energy and water usage, which is a looming disaster for the climate. Enter Coolgradient, founded by Jasper de Vries and Ren\u00e9 Gompel in 2023, with the aim of reducing 1 percent of the global energy consumption by cooling data centers. Providing detailed visibility into the performance of all center assets, from the roof to the room, its machine learning models analyze data from existing data center assets such as cooling systems and power distribution units. It then identifies inefficiencies and offers solutions for continuous optimization, saving up to 40 percent in utilities usage. In May, it completed an undisclosed funding round from the early-stage impact investor 4impact. coolgradient.com<\/a><\/p>\n

Monumental<\/h2>\n

More than half of European countries<\/a> are grappling with a shortage of bricklayers, as 82 million Europeans are at risk of homelessness due to lacking affordable housing. Monumental is tackling these two problems with small autonomous ground vehicles, which are a cheaper, more available source of labor on construction sites. Once loaded with materials by humans, a trio of its robots, set with tower-style cranes, work as a team: One lays the mortar, one supplies the bricks and one does the actual building, driving alongside the wall until it’s finished. Since Salar al Khafaji and Sebastiaan Visser launched it in 2021, Monumental robots has built multiple projects for top contractors in the Netherlands, including the facades of free-standing villas, social housing units, industrial buildings, and quay walls. The company has raised $25 million to date, from Plural, Hummingbird, and Northzone. New products in the pipeline include robots specializing in concrete blocks, plus entry into new markets such as Germany and the UK. \u201cWe’re working toward a future where beautiful, tailor-made buildings are built within a single day, with minimal labor,\u201d says al Khafaji. monumental.co<\/a><\/p>\n

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