Belgian software startup Sentiance has secured a new €8 million round in funding to scale up its sensor analytics platform and accelerate the company’s growth in Asia and the United States. Sentiance provides automated real-time intelligence data from smartphones, connected devices, and wearables. The latest round of funding was led by Volta Ventures in conjunction with KPN Ventures, a co-VC investor in the company. Previous investors such as Samsung’s Catalyst Fund and Sentiance top management also contributed to the injection of capital.
As the sharing economy in the Netherlands matures, startup-initiatives are increasingly becoming commercially driven. Not necessarily a bad thing: they need to make their promises to their investors. Hence, SnappCar, the infamous car sharing platform, banks a mountainous €10M funding round with French car rental behemoth Europcar and existing investors. Barqo, on a smaller scale, closed a successful 400.000 euro-plus crowdfunding campaign, to invest in boat rentals for vacations.