A look into the world of Amsterdam Science Park’s most exciting startups

At its first Demo Day in late September, the Amsterdam Center for Entrepreneurship presented its most promising startups. Three are located at Amsterdam Science Park: Dyme, CargoLedger and Oliscience.

One of the many numbers and stats that Dyme’s David Knap bandies about – as you would, were you the co-founder of a financial services startup – is this one: “50% of Dutch people unknowingly pay for a subscription.” Where there used to be just gas and electricity bills, we now live in an age of subscription services – for music and TV streaming, meal boxes, car-sharing, all kinds of memberships. 

Dyme utilises machine-learning and the EU’s new PSD2 legislation, which forces banks to open up accounts and allows access to third parties managing personal finances. The result is a service that simplifies getting an overview of your spending and switching subscriptions. At ACE, Dyme hopes to make connections to “relevant corporate stakeholders,” says Knap. 

CargoLedger is also after connections. The startup uses blockchain technology to make supply chains more efficient and thus lower the financial and environmental cost… and “the enormous amount of paper used in today’s supply chains,” says CargoLedger’s Hjalmar van der Schaaf. “Paper adds complexity. Paper gets lost. However, paper also provides trust.” And that trust is what CargoLedger is trying to provide – paperlessly. This is not only good news for clients, but also for the environment, as CargoLedger’s insights can help with the move to a circular economy. “CargoLedger will make logistics greener. Because we will know more about the goods, we will be able to plan better. That means we can optimise supply chains globally and locally, improving the quality of life in cities.”

As for teaming up with other businesses: “There are some very interesting things going on with regards to AI, predictive maintenance and other models that can help optimising logistics. We are looking at working with other companies on this.” 

Like CargoLedger, Oliscience has ambitious goals involving world improvement. “I strive for making technology more accessible and better for society,” says Oliscience’s co-founder and CEO Andrea Borga. The startup owns, develops and promotes a well-known open-source community for FPGA technology, OpenCores.org, which has been around since 1999 – in web terms, “basically since the beginning of time,” remarks Borga. He adds that FPGA, also known as ‘logic device’, is widely used in high-end tech sectors such as big data and medical applications. 

Oliscience hopes to make use of the opportunities at Amsterdam Science Park: “We’re talking with other startups that are making use of FPGAs,” says Borga: “we could help them with gateware design.” But it’s not just about that: “I think that in general, early-stage entrepreneurs could learn from each other by just talking about their own experience, even if one grows tomatoes and the other is mixing cocktails. We are all on the same boat, after all!"

So, if you’re wondering which subscription you should cancel, how you can save a tree or two, or how open-source technology can benefit your business, swing past Amsterdam Science Park to take a peek aboard this particular boat. 

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