To bolster the growth of innovative startups and scale-ups, a new investment fund that focuses on technology has emerged in the Netherlands.
Based out of Eindhoven, Lumaux will support high-potential businesses with a multidisciplinary team and resources.
Edwin Rammeloo, fund manager at Lumaux, says, “We see a lot of opportunities for companies active in the targeted markets. These companies have great momentum, providing solutions for everyday challenges and urgent matters like labor shortages, rising (production) costs, and climate change. Companies providing solutions to these problems will be able to quickly scale the sale of its products and services.”
Lumaux: Investment fund for Dutch high tech
Lumaux aims to be more than just a financial investor and wants to support every aspect of the businesses of its portfolio companies.
The team has identified three key markets with tremendous growth potential – robotics, energy transition, and mobility.
These markets have shown significant growth in recent years and are expected to expand further, claims the company.
The Eindhoven firm has set high-level investment criteria for potential investments, including a focus on high-tech startups and scale-ups with a portfolio mix of early- and later-stage companies, a software/hardware product combination, and a base in The Netherlands.
By focusing on these areas, Lumaux aims to create a portfolio of innovative and high-growth potential businesses that can benefit from the support and expertise of its multi-disciplinary team.
Currently, Lumaux is completing its first investment and will share more information about this partnership soon.
Lars Krieckaert, fund manager at Lumaux says, “We are very proud to launch our new fund and we are eager to provide our support to accelerate growth in all aspects of the company. We believe the diversification of our team and experience as entrepreneurs will allow us to better support the management of portfolio companies and accelerate growth and value.”
