Eindhoven's startup scene shows a notable diversity, with companies spanning from artificial intelligence to environmental technology. The city's environment supports both recently founded ventures and more mature firms.
Significant funding rounds highlight the area's potential, with AI developer Axelera AI raising $203.2M. E-commerce shipping platform Sendcloud has also secured $200.9M in capital.
Below is our list of 6 Eindhoven startups worth keeping an eye on.
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Get the Sheet for $50Axelera AI develops purpose-built hardware and software to accelerate artificial intelligence applications. Their technology is designed to bring high-performance computer vision and generative AI capabilities to edge devices, making them more powerful and efficient.
| Year Founded | 2021 |
| Founders | Bram Verhoef, Evangelos Eleftheriou, Fabrizio Del Maffeo |
| Funding Amount | $203.2M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Grant |
| Top Investors | Invest-NL, CDP Venture Capital, Innovation Industries, imec.xpand, Verve Ventures |
Sendcloud develops an all-in-one shipping platform that connects online retailers to a global network of carriers. Their software helps e-commerce businesses save time and money by automating the entire shipping process, from printing labels to managing returns.
| Year Founded | 2012 |
| Founders | Bas Smeulders, Rob van den Heuvel, Sabi Tolou |
| Funding Amount | $200.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | L Catterton, Bonsai Partners, AVP, henQ, SoftBank Vision Fund |
Carbyon has developed a direct air capture (DAC) technology capable of removing CO2 from the atmosphere. Their system uses a proprietary sorbent material, created with techniques from the semiconductor industry, to make carbon capture more efficient and scalable.
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | $19.9M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Lowercarbon Capital, Invest-NL, Omnes Capital, XPRIZE, Isai |
Tibo Energy created an intelligent Energy Management System that uses AI to reduce grid congestion. Their platform gives companies the tools to optimize energy use and operate more sustainably.
| Year Founded | 2022 |
| Founders | Bram Cappers, Jeroen Althusius, Josh Mengerink, Linda Zandt-Sloot, Remco Eikhout |
| Funding Amount | $9M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Speedinvest, Hitachi Ventures, KOMPAS VC, SET Ventures, WEPA Ventures |
Ioniqa Technologies has created a breakthrough chemical process that upcycles all types of PET plastic waste. This proprietary technology allows them to produce virgin-quality raw materials from used plastics, creating a circular solution for the industry.
| Year Founded | 2009 |
| Founders | Carlos Guerrero, Tonnis Hooghoudt |
| Funding Amount | $42.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Corporate Round |
| Top Investors | Chemelot Ventures, Kovalus Separation Solutions |
InnoSIGN manufactures precision medicine tools used for diagnostics and drug development applications. Their proprietary mRNA-based platform measures signal pathway activity to help researchers create more effective, personalized treatments.
| Year Founded | 2020 |
| Founders | — |
| Funding Amount | $7.3M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Casdin Capital, Thuja Capital, Life Science Angels, Brabant Development |