
ICOS Capital Management
Description
ICOS Capital Management is a prominent venture and growth capital firm based in Rotterdam, The Netherlands, with an additional office in Düsseldorf. The firm is dedicated to investing in European technology companies that are developing and scaling up sustainable technologies and innovative business models. Their core focus areas include cleantech, advanced materials, the bio-based economy, circular economy solutions, digitalization, and smart industry applications, all aimed at fostering a more sustainable global future.
The firm primarily targets early-stage companies, specifically those in their Series A funding rounds and beyond, indicating a preference for companies that have demonstrated initial traction and are ready for significant scaling. ICOS Capital is known for its hands-on approach, often co-investing with other venture partners and providing strategic support to its portfolio companies. Their investment strategy is rooted in identifying pioneering technologies that can deliver both strong financial returns and positive environmental or societal impact.
Financially, ICOS Capital manages a substantial portfolio, with over €100 million under management across multiple funds. Their typical initial investment in a company ranges from €1 million to €5 million, with a clear capacity for follow-on investments to support continued growth and development. This flexible approach allows them to back companies through various stages of their expansion. To date, ICOS Capital has made investments in over 40 European technology companies, underscoring their active presence and commitment to the region's innovation ecosystem.
The firm's commitment to sustainability is central to its identity, seeking out ventures that contribute to a cleaner, more efficient, and circular economy. By focusing on deep technology and industrial innovation, ICOS Capital positions itself as a key financial partner for entrepreneurs building the next generation of sustainable solutions across Europe.
Investor Profile
ICOS Capital Management has backed more than 32 startups, with 1 new investments in the last 12 months alone. The firm has led 20 rounds, about 63% of its total and boasts 1 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, United Kingdom, Switzerland.
- Strong thematic focus on Biotechnology, Energy, Water.
- Typical check size: $1.1M – $5.4M.
Stage Focus
- Series Unknown (56%)
- Series A (19%)
- Series B (13%)
- Seed (9%)
- Convertible Note (3%)
Country Focus
- The Netherlands (63%)
- United Kingdom (9%)
- Switzerland (9%)
- Poland (6%)
- Estonia (6%)
- Spain (3%)
- France (3%)
Industry Focus
- Biotechnology
- Energy
- Water
- Cleantech
- Food And Beverage
- Health Care
- Water Purification
- Artificial Intelligence (Ai)
- Agtech
- Greentech
Frequently Asked Questions
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