Mews leads top 10 funding rounds in rough quarter for Dutch tech

Hospitality software firm Mews raised Dutch tech’s biggest funding round in the first quarter of 2025, in what was a tough start to the year for the sector.

Dutch startups raised around €460mn in the quarter, with a 59% decline in growth-stage funding raising alarm bells, according to the Quarterly Startup Report.

Together, the top 10 deals accounted for over €320mn — more than 75% of all funding raised last quarter.

Here are the biggest Dutch deals of Q1 2025:

1. Mews — €68mn ($75mn) 

Mews, based at TNW City in Amsterdam, has built a cloud-based system that helps hotels and other hospitality businesses streamline tasks like booking rooms, checking guests in and out, and processing payments. 

This round follows a raise of $100mn in credit financing in September and a $110mn equity round in March 2024 — when the scaleup became a unicorn. 

2. Alesta Therapeutics — €65mn

Alesta Therapeutics, based in ...