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Invest-NL

Europe, Noord-Holland, The Netherlands, Amsterdam

Description

Invest-NL is the National Promotional Institution (NPI) of the Netherlands, established in 2020 with the overarching mission to foster a more sustainable and innovative Dutch economy. As a state-owned investment company, its core function is to address market gaps by providing financing to companies and projects that face challenges in securing capital from traditional financial markets. Invest-NL strategically focuses its investments on accelerating the energy transition, promoting a circular economy, developing sustainable food systems, and supporting other innovative industries that contribute to solving societal and environmental challenges.

The institution offers a diverse array of financing solutions, including equity investments, loans, and guarantees. For equity investments, Invest-NL typically commits between €1 million and €50 million, targeting growth-stage companies that demonstrate a clear path to positive societal impact. Furthermore, it provides loans that can range from €1 million up to €100 million, specifically for projects and enterprises that align with its sustainability and innovation mandates. This flexible approach allows Invest-NL to support a broad spectrum of initiatives, from early-stage ventures to large-scale infrastructure projects.

Invest-NL operates with a strong emphasis on collaboration, frequently co-investing alongside private investors and commercial banks. This strategy is designed to de-risk investments and catalyze additional private capital into critical sectors, thereby maximizing its overall impact on the Dutch economy. Since its inception, Invest-NL has made substantial commitments, having deployed over €1.5 billion into various initiatives by the end of 2022. In 2022 alone, the institution committed €620 million to new investments, underscoring its active and significant role in driving the Netherlands' green and innovative future.

Investor Profile

Invest-NL has backed more than 67 startups, with 15 new investments in the last 12 months alone. The firm has led 27 rounds, about 40% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in The Netherlands, France, Germany.
  • Strong thematic focus on Manufacturing, Semiconductor, Medical Device.
  • Led 7 rounds in the past year.
  • Typical check size: $1.1M – $108M.

Stage Focus

  • Series Unknown (30%)
  • Series A (21%)
  • Series B (15%)
  • Seed (9%)
  • Series C (6%)
  • Debt Financing (6%)
  • Post Ipo Equity (3%)
  • Private Equity (3%)
  • Series D (3%)
  • Post Ipo Debt (3%)

Country Focus

  • The Netherlands (94%)
  • France (1%)
  • Germany (1%)

Industry Focus

  • Manufacturing
  • Semiconductor
  • Medical Device
  • Health Care
  • Energy
  • Machinery Manufacturing
  • Renewable Energy
  • Medical
  • Nanotechnology
  • Biotechnology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Invest-NL frequently co-invest with?

Gimv
Europe, Antwerpen, Belgium, Antwerpen
Co-Investments: 3
Energie transitie fonds Rotterdam
Europe, Zuid-Holland, The Netherlands, The Hague
Co-Investments: 3
PDENH
Europe, Liege, Belgium, Xhendelesse
Co-Investments: 4
BD
Europe, Noord-Brabant, The Netherlands, Tilburg
Co-Investments: 4
imec.xpand
Europe, Vlaams-Brabant, Belgium, Leuven
Co-Investments: 4
BOM
Europe, Noord-Brabant, The Netherlands, Tilburg
Co-Investments: 9
Innovation Industries
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 16
European Innovation Council
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 6
EQT Life Sciences
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 5
Inkef
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 5

Which angels does Invest-NL often collaborate with?

GJ
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 2
BD
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
FC
North America, Florida, United States, Boca Raton
Shared Deals: 1
LF
Europe, Vaud, Switzerland, Lausanne
Shared Deals: 1
Dave Marver
North America, Washington, United States, Seattle
Shared Deals: 1
JB
Europe, Vaud, Switzerland, Lausanne
Shared Deals: 1
Shared Deals: 1
GC
Europe, Vaud, Switzerland, Lausanne
Shared Deals: 1
RO
North America, Iowa, United States, Des Moines
Shared Deals: 1
KD
Europe, Vaud, Switzerland
Shared Deals: 1

What are some of recent deals done by Invest-NL?

QuiX

Amsterdam, Noord-Holland, The Netherlands

QuiX develops photonic quantum computing hardware, utilizing integrated photonics to process quantum information through light particles.

HardwareManufacturingQuantum Computing
Series AJul 10, 2025
Amount Raised: $17,533,340

SDS Separation develops a filter-free technology designed to separate liquids from gases.

IndustrialMachinery ManufacturingManufacturing
Series AJun 30, 2025
Amount Raised: $2,344,465
Avantium

Amsterdam, Noord-Holland, The Netherlands

Avantium Technologies provides high-throughput R&D technologies for applications in the energy, chemicals and pharmaceutical industries.

BiotechnologyChemicalPharmaceuticalRenewable Energy
Post Ipo DebtJun 23, 2025
Amount Raised: $11,575,293
Salvia BioElectronics

Eindhoven, Noord-Brabant, The Netherlands

Salvia BioElectronics develops neuromodulation devices for migraine treatment and management.

BiotechnologyMedical DeviceTherapeutics
Series BMay 27, 2025
Amount Raised: $60,425,647

Eyeo is fundamentally redefining image sensing by eliminating decades-old limitations.

SeedMay 7, 2025
Amount Raised: $17,043,498
Iwell

Utrecht, Utrecht, The Netherlands

Iwell is a manufacturing company that offers smart storage solutions and batteries for sustainable and affordable energy supply.

Clean EnergyMachinery ManufacturingManufacturing
Series UnknownApr 29, 2025
Amount Raised: $30,764,323
AMT Medical

Utrecht, Utrecht, The Netherlands

Developed a minimal invasive cardiac bypass device

Health CareHealth DiagnosticsMedicalMedical Device
Series BApr 15, 2025
Amount Raised: $24,913,680
Thorizon

Amsterdam, Noord-Holland, The Netherlands

Thorizon develops and deploys cutting-edge technology for molten salt reactors.

Clean EnergyCleanTechEnergyIndustrial EngineeringManufacturingNuclearSustainabilityWaste Management
Series AMar 12, 2025
Amount Raised: $17,458,462
Xycle

Rotterdam, Zuid-Holland, The Netherlands

Xycle Group is building a chemical recycling factory that will handle 21 kilotons of mixed plastic trash annually.

ChemicalPlastics and Rubber ManufacturingRecycling
Series UnknownMar 10, 2025
QuantWare

Delft, Zuid-Holland, The Netherlands

QuantWare is the world’s leading provider of quantum hardware and creator of the VIO QPU scaling technology.

HardwareInformation TechnologyQuantum Computing
Series AMar 4, 2025
Amount Raised: $20,954,806