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PDENH

Europe, Liege, Belgium, Xhendelesse

Description

PDENH, officially known as Participatiefonds Duurzame Economie Noord-Holland, is a dedicated regional investment fund operating within the province of Noord-Holland, Netherlands. Its core mission is to accelerate the transition towards a sustainable and circular economy by providing growth capital to innovative companies and projects. The fund strategically targets enterprises involved in renewable energy, energy efficiency, circular economy initiatives, and sustainable mobility, aiming to generate both financial returns and significant environmental impact. PDENH plays a crucial role in fostering green innovation and economic development within its specific geographic focus area.

The fund primarily invests in small and medium-sized enterprises (SMEs) that are beyond the seed stage and demonstrate clear potential for scaling their sustainable solutions. PDENH offers flexible financing options, including both equity investments and subordinated loans, and frequently engages in co-investment rounds with other private and public sector partners. For a typical first cheque, PDENH's investment range is between €500,000 and €5,000,000, positioning them as a key financial partner for growth-stage companies seeking to expand their sustainable operations within the region.

Established with a substantial capital base of €100 million, PDENH has built a robust portfolio since its inception. The fund has committed capital to over 30 companies, contributing significantly to job creation, technological advancement, and environmental improvements across Noord-Holland. Their investment philosophy extends beyond mere capital provision; they aim to build long-term partnerships and actively support their portfolio companies in achieving their growth and sustainability objectives. This strategic and impactful approach underscores PDENH's commitment to driving a greener, more resilient economy.

Investor Profile

PDENH has backed more than 37 startups, with 3 new investments in the last 12 months alone. The firm has led 5 rounds, about 14% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in The Netherlands, Belgium.
  • Strong thematic focus on Energy, Renewable Energy, Manufacturing.
  • Typical check size: $540K – $5.4M.

Stage Focus

  • Series Unknown (46%)
  • Series B (19%)
  • Series A (14%)
  • Seed (14%)
  • Debt Financing (5%)
  • Series C (3%)

Country Focus

  • The Netherlands (97%)
  • Belgium (3%)

Industry Focus

  • Energy
  • Renewable Energy
  • Manufacturing
  • Software
  • Energy Management
  • Electrical Distribution
  • Smart Cities
  • Battery
  • Energy Efficiency
  • E-commerce
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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 PDENH frequently co-invest with?

Newion
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
Invest-NL
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 4
Rubio Impact Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 7
Quadia
Europe, Geneve, Switzerland, Geneva
Co-Investments: 2
IZ
Europe, Zeeland, The Netherlands, Vlissingen
Co-Investments: 2
SHIFT Invest
Europe, Noord-Holland, The Netherlands, Amstelveen
Co-Investments: 3
DOEN Participaties
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 5
Enfuro Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
Activate Capital Partners
North America, California, United States, San Francisco
Co-Investments: 3
Rockstart
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2

Which angels does PDENH often collaborate with?

CP
Europe, The Netherlands
Shared Deals: 1
AS
North America, Missouri, United States, Netherlands
Shared Deals: 1
JN
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
TV
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
CM
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
KK
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1

What are some of recent deals done by PDENH?

Dexter Energy Services

Amsterdamsche Veld I, Drenthe, The Netherlands

Dexter offers forecasting and dispatching solutions based on AI and cloud-based technology, increasing efficiency and lowering costs.

Artificial Intelligence (AI)Energy EfficiencyRenewable Energy
Series CJul 2, 2025
Amount Raised: $27,141,365
MX3D

Amsterdam, Noord-Holland, The Netherlands

MX3D develops and licenses large scale robotic 3D metal printing

3D PrintingAutomotiveConstructionManufacturingOil and GasRoboticsSoftware
Series AMay 9, 2025
Amount Raised: $7,875,345
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
Sympower

Amsterdam, Noord-Holland, The Netherlands

Sympower unlocks revenue streams by maximising the value of flexibility across energy markets and industries.

Electrical DistributionEnergyEnergy ManagementRenewable EnergySmart CitiesSoftware
Series BNov 13, 2024
Amount Raised: $22,505,365
EST-Floattech

Haarlemmermeer, Noord-Holland, The Netherlands

EST-Floattech is a dutch energy technology company

BatteryEnergyEnergy StorageRenewable Energy
Series UnknownFeb 20, 2024
Amount Raised: $4,323,960
E-magy

Broek Op Langedijk, Noord-Holland, The Netherlands

Advanced materials company that supplies nano-porous silicon for high-energy lithium-ion batteries.

BatteryElectronicsManufacturingNanotechnology
Series AApr 19, 2023
Amount Raised: $16,427,698
Dexter Energy Services

Amsterdamsche Veld I, Drenthe, The Netherlands

Dexter offers forecasting and dispatching solutions based on AI and cloud-based technology, increasing efficiency and lowering costs.

Artificial Intelligence (AI)Energy EfficiencyRenewable Energy
Series BApr 18, 2023
Amount Raised: $11,523,747
Fairphone

Amsterdam, Noord-Holland, The Netherlands

Fairphone is an electronics manufacturer that creates smartphones.

Consumer ElectronicsHardwareProduct Design
Series UnknownJan 31, 2023
Amount Raised: $53,217,312
Triple Solar

Amsterdam, Noord-Holland, The Netherlands

Triple Solar is a designer and manufacturer of heatpump solarpanels in combination with a heat pump.

EnergyManufacturingRenewable EnergyService Industry
Series UnknownJan 17, 2023
Amount Raised: $10,791,561
Cargoroo

Amsterdam, Noord-Holland, The Netherlands

Cargoroo is the electric cargo bike from Urban Arrow is the best there is at the moment but to purchase is the price of a good used car.

Environmental ConsultingRenewable Energy
SeedDec 12, 2022
Amount Raised: $10,542,362