With this partnership, Fundsup becomes the most significant link between startups of university incubators and informal investors, fulfilling a prominent role as enabler of innovation in the Netherlands.
Six most prominent Dutch university-linked Incubators commit to Fundsup
In March this year, YES!Delft, the incubator affiliated with TU Delft, was the first to decide to
assist its young entrepreneurs in their search for smart capital by partnering with Fundsup, thé
online matching platform that facilitates meaningful connections between entrepreneurs and
early-stage investors. And now the incubators connected to the other three Dutch technical
universities, Bright Move (Eindhoven), Novel-T (Twente) and StartLife (Wageningen), are also
collaborating with Fundsup. In addition, the accelerators of all the Amsterdam knowledge
institutions and the University of Utrecht - ACE incubator and UtrechtINC - have decided to join
By using Fundsup, it becomes much easier for startup founders to build up their own investor
network. Fundsup also offers them insights into the traction their company receives from
investors. Incubator startups are also given a badge for recognition, making it instantly clear to
investors that these startups are connected to an incubator and which one.
Arjen Strijker, founder of Fundsup, is pleased with all these new collaborations. "The fact that
we have connected almost all university incubators in such a short period of time confirms once
again that Fundsup meets an enormous need in the world of early-stage financing”.
For incubators it’s indeed a great challenge to build up and maintain an informal investor
network for their startups. The choice for a partnership with Fundsup is therefore a logical one.
The platform efficiently creates valuable connections between screened startups and verified
investors, thereby facilitating high quality deal flow.
The collaborations between Fundsup and these incubators also generate a valuable social
impact. The fact that the market for early-stage investments has so far been very opaque and
inefficient had a strong inhibiting effect on Dutch innovation. By collaborating with incubators,
Fundsup facilitates interregional and international improved access to high quality risk capital.
“This so-called smart capital makes more private money and - above all - expertise available.
Which is so much needed amongst early-stage startups. The Dutch government, which has so
far financed 60% to 70% of all early-stage startups in The Netherlands with relatively 'dumb'
capital in a fairly arbitrary manner, can now deploy our taxpayers' money in a much more
supportive manner, alongside real smart capital" says Strijker. By definition, this will lead to
Representatives of the university incubators about their cooperation with Fundsup:
Jan Geert van Hall, investment director of YES! Delft: "Deal sourcing for real early stage
startups is traditionally a difficult and time-consuming process, which does not always lead to
success. For us as an incubator, this is simply not possible to organise efficiently. That's why we
welcome initiatives like Fundsup: it allows us to 'plug in' networks of investors that are relevant
to our startups and thus generate a high quality deal flow."
Erik Boer, director of ACE Incubator: "Easier and faster early-stage financing for science and
tech startups will help enormously in successfully bringing university knowledge to the market".
Remon van der Woude, Novel-T's fund manager: "Founders start out in good spirits with their
search, spend a lot of time visiting matching-events and have consultants look for the right
investor, but very often without results and with the necessary frustration. Because of the great
diversity and quantity it is also a huge challenge to find the right match. Most of the time not only
the ratio plays a role, there also has to be a 'click'. As a third party, it’s hard to get that type of
matching on feeling done! That's why I have a lot of confidence in the solution that Fundsup
offers and why I warmly welcome the cooperation with the hubs and incubators connected to
Robert Al, Director Bright Move incubator: "In the Brainport Eindhoven region, we have
experienced an enormous growth of knowledge-intensive startups over the past decade. Many
starters with a special potential, but all with one common challenge: finding risk capital. Our
experience is that this is a continuous struggle, characterised by enormous inefficiency.
Fundsup's idea appeals to us because it brings supply and demand in this market closer
together and lowers the barriers for our startups.
Fundsup is a matchmaking platform that makes meaningful connections between early-stage
investors and startup founders, founded by Arjen Strijker (39). Entrepreneurs in need of
capital create an extensive company profile that they can publish after screening by Fundsup
or a Fundsup partner. In this way, they can efficiently and effectively bring their company to
the attention of a rapidly growing network of investors that are right for them.
In turn, investors on Fundsup can find interesting new startups more easily and anonymously.
They simply indicate their investment criteria by means of filters. When a new deal opportunity
that meets their criteria is published, they receive a push notification in the Fundsup app (iOS
and Android). If the investor is indeed interested, then it is possible to contact the
entrepreneur directly via a chat function.
Currently, 380+ Dutch investors already use Fundsup. Roughly 80% of them are informal
investors and 20% are VCs, government funds and Regional Development Agencies. More
than 2,500 registered startups are using Fundsup today.