Netherlands and France Show Nearly Identical Single-Round Funding Shares at Early Stages

Across 5,124 startups whose first tracked round was at least two years ago, the Netherlands and France display remarkably similar shares of startups that raised exactly one tracked round and never raised again. In the Netherlands, 57.6% of startups fall into this category, closely matched by France at 57.2%. This metric reflects a "did not raise again" rate rather than a death rate, as some subsequent rounds may have gone untracked.

When focusing on the seed stage, the share of startups stalling after one round remains comparable: 54.4% in the Netherlands versus 53.4% in France. At the pre-seed stage, the stall rates are also close, with the Netherlands at 55.9% and France at 57.3%. These parallels suggest similar early-stage persistence or data capture patterns between the two countries within this dataset.