Amsterdam’s Innovation Industries launches new €500M fund to back deep-tech startups and scale-ups in Benelux and Germany

|

|

Last update:

Innovation Industries, a prominent fund manager, on Wednesday, announced the launch of a new fund aimed at financing and supporting deep-tech startups and scale-ups in the Benelux and Germany. 

The fund — Innovation Industries Fund III, has a size of €500M. 

As part of the Dutch Future Fund II program, it will receive a €10M contribution from Invest-NL and €74M from the European Investment Fund (EIF). 

 “Our investment in the Innovation Industries Fund III underlines our commitment to highly innovative companies in the Netherlands. We are proud of this first investment under the Dutch Future Fund II and our collaboration with the European Investment Fund,” says Nicolaas Heij, Senior Investment Manager, Invest-NL. 

Additionally, pension funds PME and PMT are also investors in this fund.

The Innovation Industries Fund III will focus on investing in technology companies that can provide innovative solutions for societal challenges such as energy supply, circularity, healthcare, and agrifood. 

Due to the complexity and sophistication of their products, deep tech companies require higher capital investment and have longer development timelines compared to more conventional ventures.

Innovation Industries: European deep tech venture capital fund

Innovation Industries invests in startups and scale-ups that have a positive impact on the United Nations Sustainable Development Goals. 

The fund typically invests €10 to 30M in a company across multiple funding rounds. 

The company manages about €475M in three funds and works closely with all Dutch technical universities and research institute TNO. 

There is also close cooperation with the Dutch Metal pension funds: PMT and PME. Innovation Industries has a team of 19 professionals working from two offices, in Amsterdam and Eindhoven.

Topics:

Follow us:

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.

Partner eventsMore events

Current Month

06dec5:15 pm7:00 pmLe Wagon Demo DayDiscover the students' final projects

12dec4:00 pm9:30 pmAI in ActionPractical Insights for Digital Transformation

28jan4:00 pm10:00 pmUnlocking operational efficiency with AIInsights for your future

Share to...