From food delivery to logistics leaders, here are fastest-growing teams in Belgium, the Netherlands and Luxembourg.
Startups in the Benelux — Belgium, the Netherlands and Luxembourg — have seen increased attention from VCs in recent years. According to European Startups data, 2020 was a record year for VC investment into Benelux startups — at a whopping €2.7bn, up from €1.9bn in 2019.
As a result, Benelux startups have had a good year. In Luxembourg, the growing and vibrant startup ecosystem remained resilient as companies continued to flourish during the Covid crisis. Meanwhile, the government leaned on startups for their support as much as startups turned to the government with the ‘StartupsvcCovid19’ initiative, a call for projects focused on solutions for the pandemic.
When it comes to specific companies, Luxembourg’s global data centre developer and operator Etix Everywhere was acquired by US-based Vantage Data Centers as part of its move to expand into Europe. Elsewhere in the Benelux, Amsterdam-based cloud communications platform MessageBird reached unicorn status and Belgium’s tumour and cancer drug-discovery startup iTeos Therapeutics began eyeing up global expansion and an IPO.
However, flashy valuations and bulky funding rounds aren’t the only things that demonstrate a startup’s potential — the growth of its team says a lot too.
Using employee data from European Startups and LinkedIn, we’ve compiled a list of the fastest-growing startups in the Benelux region by headcount. Here they are in Sifted.EU