About PortXL
PortXL, an accelerator and incubator program founded in 2015, is based in Rotterdam, Netherlands. With a presence in 21 countries, it has supported around 87 startups in sectors like Enterprise Applications, High Tech. As of Oct 2026, PortXL has witnessed 7 portfolio exits. Most notable companies in
its portfolio include Planys Technologies, ShipsKart and ECOncrete. The program primarily supports Seed startups based in Netherlands. Its latest investment was a Undisclosed Series A round in Eco Wave Power on Feb 20, 2019.
Key Metrics
Founded Year
2015
Location
Rotterdam, Netherlands
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed, Series A & 1 more
Locations of Investment
PortXL's List of Top Investments
PortXL has a portfolio of 87 companies. Their most notable investments are in 4shipping and Arkom Windpower.Their portfolio spans across Netherlands, Belgium, United States and 18 more locations. They have invested in Enterprise Applications, High Tech, Transportation and Logistics Tech and 19 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by PortXL:Provider of marine underwater robotics inspection platform. Its offerings include remotely operated underwater vehicles (ROVs) and autonomous systems for visual inspection, ultrasonic testing, sonar surveys, and real-time data collection for maritime and infrastructure assets. It also provides non‑destructive testing (NDT) services, corrosion monitoring, structural health assessment, digital reporting dashboards, and Internet of Underwater Things (IoUT) capabilities for remote monitoring. The platform uses AI-enabled analytics, laser and sonar defect quantification, high-definition video, ultrasonic thickness gauging, and modular ROV and AUV technology for inspection in hostile or submerged environments.
Key facts about Planys Technologies
- Founded Year: 2015
- Location: Chennai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $24M
- Employee Count: 113 as on Aug 31, 2025
- Investors: Shell, Valour Capital and 122 Others
- Latest Funding Round: Series B, Nov 08, 2025, $*****
- Highlight: Editors' Pick

2. ShipsKart
Provider of online B2B marketplace for maritime services and logistics. It provides users with an app-based platform that provides solutions for all maritime needs. It caters to multiple vendors, managers, purchase officers, and captains. The captain of the assigned ship can place orders based on the uploaded details like ETA and ETD using the app.
Key facts about ShipsKart
- Founded Year: 2017
- Location: Delhi (India)
- Annual Revenue: SGD 10M - 50M as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $3.03M
- Employee Count: 86 as on Sep 30, 2026
- Investors: Jindal Ventures, GLOO Studio-Fund and 16 Others
- Latest Funding Round: Series A, Mar 16, 2022, $*****
3. ECOncrete
Provider of eco-friendly bio-enhancing concrete products for the construction industry. The product category includes ECO Amor block, Tidepool armor, ECO Mats, BioActive wall systems, precast cement, and more. The company leverages bio-enhancing concrete admixtures to manufacture its products.
Key facts about ECOncrete
- Founded Year: 2012
- Location: Tel Aviv (Israel)
- Stage: Series A
- Total Funding till date: $10M
- Employee Count: 49 as on Sep 30, 2026
- Investors: Florida-Israel Business Accelerator, 8200 EISP and 9 Others
- Latest Funding Round: Grant (prize money), Jul 01, 2023, $*****
- Highlight: Editors' Pick
Provider of wave power and wave energy devices. Its products have an in-built automatic control system that is responsive to floats rise & submersion process, installed over existing stable breakwaters, peers, and floating or fixed platforms. The product assembly consists of shaped buoys to capture and convert wave energy into electricity. The wave clapper and the power wing rise and fall with the up and down motion, lifting force, change of water level, hydraulic air lock, and incident flux of waves.
Key facts about Eco Wave Power
Online platform for employee engagement suite solutions. It provides employee well being, collaboration, skilling and training, performance management, microlearning, and more. Its features include warning signals, an analytics dashboard, lagging indicators, a management messaging panel, and more. It also provides employee experience management. It is available to download from google play and apple store.
Key facts about Bigyellowfish
- Founded Year: 2018
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.26M
- Employee Count: 42 as on Sep 30, 2026
- Investors: Anicut Capital, Powerhouse Ventures and 26 Others
- Latest Funding Round: Seed, Dec 21, 2022, $*****
- Highlight: Editors' Pick
PortXL's Year-on-Year Investment Trends
PortXL has invested in 87 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Eco Wave Power.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 7 | 0 | 7 |
2017 | 1 | 0 | 1 |
PortXL's Investments by Stage
PortXL has made 10 investments in Seed stage, 1 investment in Series A stage and 1 investment in Series B stage.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
PortXL's Investments by Sector
PortXL has a diverse portfolio, with companies operating in the Consumer, Transportation and Logistics Tech, Enterprise Applications, Aerospace, Maritime and Defense Tech and Industrial Goods and Manufacturing. Notably, it has invested in 70 Enterprise (B2B) companies, 63 Tech companies, 38 Software companies and at least 23 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Consumer | 5 |
Transportation and Logistics Tech | 5 |
Enterprise Applications | 4 |
Aerospace, Maritime and Defense Tech | 3 |
Industrial Goods and Manufacturing | 3 |
Others | 10 |
Note: We have considered here, only first round of investments
PortXL's Investments by Geography
PortXL has made most investments in Netherlands (6), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
Netherlands | 6 |
United States | 3 |
Israel | 2 |
Canada | 1 |
Note: We have considered here, only first round of investments
PortXL's recent investments
PortXL has not made any investment in 2026 so far.Here are the most recent investments by PortXL:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 20, 2019 | Israel | Series A | 2534 | - | |
Jun 01, 2018 | Netherlands | Seed | 2734 | - | |
Feb 17, 2018 | Israel | Seed | 8704 | - | |
Feb 17, 2018 | United States | Seed | 9383 | - | |
Feb 15, 2018 | Netherlands | Seed | 4540 | - |
IPOs and Publicly Listed companies in PortXL's Portfolio
2 of PortXL's portfolio companies have become public. Forward Water Technologies got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V), in Oct 2021 and Eco Wave Power got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $346M.Here are PortXL's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 26, 2021 | - | - | 9731 | |
Jul 02, 2021 | Feb 20, 2019 | Series A | 8655 |
Acquired companies in PortXL's Portfolio
5 companies from PortXL's portfolio have been acquired. The most recent acquisition was Waylay in Aug 2025 by Vertiv for $*****.Here are PortXL's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 26, 2025 | - | - | 7561 | |
Oct 12, 2023 | - | - | 9195 | |
May 18, 2023 | - | - | 5516 | |
Mar 21, 2023 | - | - | 4062 | |
Jan 31, 2018 | - | - | 5683 |
Co-investors of PortXL
Over the past 10 years, 11 investors have co-invested in PortXL's portfolio companies. This includes funds and angels.
- Invested before PortXL: Pirveli Ventures and Sustainable Development Technology Canada have invested in rounds before PortXL. There is 1 company where Pirveli Ventures has invested before PortXL and 1 company where Sustainable Development Technology Canada has invested before PortXL.
- Invested after PortXL: A total of 9 investors have invested in PortXL's portfolio after their investments. Top Investors include Europa (3 companies) and EIC Fund (1 company).
Recent News related to PortXL
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PortXL and GTT to collaborate on maritime accelerator projectsSmart Maritime Network•Oct 04, 2023•GTT Communications, PortXL, GTT
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North Sea Port Joins PortXL Startup AcceleratorWorld Maritime News•Oct 04, 2019•North Sea Port, PortXL
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Eco Wave Power to Participate in PortXL AcceleratorNavingo Marine Energy•Mar 04, 2019•Eco Wave Power, PortXL
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