Portfolio map · Government fund · Netherlands

FMO portfolio map

42 startups FMO has backed in rounds we track, since 2017, grouped by their main sector. Together they have raised $3.0B; FMO led at least one round in 3 of them. The biggest sector is Fintech, with 14 companies.

42startups backed
5sectors
$3.0Braised between them
Fintechbiggest sector

FMO's investor profile

Fintech

14

Cleantech

10

Energy

8

Agtech

7

AI

3

Segment by segment

Fintech

14 startups · $1.3B raised

  1. Twinco CapitalTwinco Capital is a sustainable supply chain finance solution that specializes in purchase order financing for large corporates anSpain$422M
  2. LendableLendable Ltd is a British fintech company based in London, specializing in digital consumer lending and personal finance solutions.United Kingdom$283M
  3. InCredInCred is a financial services platform that simplifies the lending process for personal, education, and business loans.India$147M
  4. YocoYoco is a South African fintech company that specializes in point-of-sale payment hardware and software solutions for small and meSouth Africa$118M
  5. NeoGrowthNeoGrowth is a non-deposit, NBFC registered with RBI that provides short-term business loans to merchants.India$99M
  6. AccionAccion is on a mission is to improve the lives of underserved people by building innovative and responsible financial solutions.United States$85M
  7. EcofyEcofy is a green-only NBFC in India, offering financial solutions for eco-friendly initiatives, including loans, leases, and insurance.India$41M
  8. FrontclearFrontclear is a financial markets development company focused on catalyzing stableNetherlands$30M

Cleantech

10 startups · $927M raised

  1. Atome EnergyAtome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.United Kingdom$665M
  2. d.lightd.light designs, manufactures, and distributes solar lighting and power products, particularly targeting off-grid communities.United States$82M
  3. SolarSaverSolarSaver offers customized solar photovoltaic and solar-battery hybrid solutions.South Africa$60M
  4. Berkeley Energy Commercial Industrial Solutions (BECIS)Berkeley Energy Commercial Industrial Solutions is a leading Energy as a Service provider.Singapore$45M
  5. TagaddodTagaddod is a Cairo-based cleantech company founded in 2013, specializing in the collection and aggregation of renewable waste-basEgypt$26M
  6. ORB EnergyOrb Energy provides affordable and renewable energy for off-grid households in India through solar home systems.India$15M
  7. Mekong Timber PlantationsMekong Timber Plantations operates as a forestry plantation company.Laos$12M
  8. HHydroboxKenya$9.0M

Energy

8 startups · $368M raised

  1. GenneiaGenneia operates as a renewable energy generation company.Argentina$185M
  2. Radiance RenewablesRadiance Renewables is one of India’s fastest-growing renewable energy solution providers.-$100M
  3. SoleniumSolenium is an energy company that installs mini-solar farms.Colombia$40M
  4. Okra SolarOkra Solar is an Australian technology startup based in Sydney, founded in 2016.Australia$15M
  5. MMobisolMobiSol - mobile and web software house.-$12M
  6. Nithio HoldingsNithio Holdings a Washington, DC-based energy finance company focused on the off-grid sector in Africa.United States$10M
  7. SolarX AfricaSolarX is a commercial and industrial (C&I) solar companyMauritius$5.3M
  8. Lakeside EnergyLakeside Energy is a renewable energy company sponsored by Pakistan's Naveena Exports.Pakistan$1.7M

Agtech

7 startups · $127M raised

  1. Sahyadri FarmsSahyadri Farms is a farmer producer and agricultural company.India$46M
  2. TechcoopTechCoop is an agrifintech for MSMEs, delivering a comprehensive solution package combining access to market.Vietnam$42M
  3. DDelta40-$20M
  4. Nile.agNile.ag is a South African agritech startup founded in 2021, with a mission to enhance the agricultural value chain across Africa.South Africa$11M
  5. Babban GonaBabban Gona, meaning "Great Farm" in Hausa, is an agricultural social enterprise based in Lagos, Nigeria, with a primary hub in NoNigeria$7.5M
  6. SolarCreedDesigns, develops and sells consumer solar electronics for off-grid rural development in Africa-$145K
  7. AgriPlaceAgriPlace has solutions that enable you to streamline your compliance process and manage your compliance information from farm to Netherlands$141K

AI

3 startups · $313M raised

  1. NNileSouth Africa$198M
  2. LulaLula is a prominent South African fintech company focused on enhancing business banking and funding for Small and Medium-sized EntSouth Africa$85M
  3. VValidusValidus is a software company focused on saving companies from the pitfalls of systems implementations and data migrations.United States$30M

How this map is made. Every startup here has raised money in a round we track that names FMO as an investor, the first in 2017. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

More portfolio maps

All portfolios
Government fund · NetherlandsUNIIQ27 startups · 4 sectors · $144MVC firm · NetherlandsTrue Ventures153 startups · 12 sectors · $6.1BCorporate investor · NetherlandsRabobank75 startups · 10 sectors · $9.8BPrivate equity · NetherlandsForbion Capital Partners74 startups · 4 sectors · $10BAccelerator · NetherlandsRockstart62 startups · 12 sectors · $237MVC firm · NetherlandsEIT InnoEnergy58 startups · 8 sectors · $1.4B

Raising from investors like FMO?

Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports.

Find investorsMarket maps