Amsterdam’s Findest secures €2.2M to help find new technologies faster using AI

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Amsterdam-based Findest, a company specialising in R&D software solutions, announced on Tuesday that it has secured €2.2M in a fresh funding round led by Stockholm-based Partinc, a European investment firm. 

The Dutch company will use the funds to accelerate its international growth and support the launch of its platform — “The R&D Universe.” Additionally, the company will use the capital to grow its team from 30 to 45 people. 

“Partinc is a Swedish innovative B2B SaaS fund run by former entrepreneurs. They are extremely ambitious and fast, appealing to a startup with similar growth ambitions. Furthermore, they are willing to invest in the next generation of products. Their expertise and experience scaling software products will help Findest reach the next stage.” says Vincent Franken, Co-founder & CEO at Findest.

Findest: Technology scouting company

Founded by Roel Boekel and Vincent Franken, Findest is a spin-off from VU University Amsterdam. It is a technology scouting company that develops IGOR^AI to help customers like ASML, Philips, Unilever, and Shell find​ technologies ​for R&D challenges.

The platform — R&D Universe is designed to revolutionise R&D departments by streamlining processes, driving substantial cost savings, and accelerating innovation projects.

The rising demand for advanced R&D across industries makes Universe an essential tool for new and existing Findest customers.

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Companies using the Universe platform have reported that Findest can increase their R&D output by up to 40 per cent. They have shared that “what normally takes them 10 hours of desk research, they can now do it in 30 minutes.”

Roel Boekel, Co-founder & CTO at Findest, continues, “With Parting’s investment, we’re about to experience our Big Bang! The Universe will help R&D departments capture, structure, and reuse technical information like never before. With the investment, we will grow the Findestian team from 30 to 50 people and continue developing AI for R&D productivity.”

Partinc: Invests in scalable SaaS companies

Partinc is a European investment firm that invests in scalable SaaS companies delivering software services in the B2B segment. The company works closely with its portfolio companies, primarily in the Scandinavian countries and the Benelux

With offices in Stockholm and Amsterdam, Partinc is an early-stage investor in European business-to-business SaaS providers.

“We see enormous potential in the Universe product for R&D departments. In today’s world, the need for sustainable solutions has never been more pressing. R&D plays a critical role in developing technologies and practices that address global sustainability challenges. All companies must expand the innovation of new and existing products to keep up with these goals. Therefore, new tools like Universe from Findest will be necessary to improve output and enhance the efficiency of existing R&D organisations,” says Jan Sundelin, partner at Partinc.

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Vigneshwar Ravichandran

Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena. He graduated with a Bachelor's degree in Electronics and Instrumentation in Chennai and a Diploma in Broadcasting Journalism in New Delhi.

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