ING Group

ING Group, a prominent global financial institution headquartered in Amsterdam, operates a dedicated corporate venture capital arm known as ING Ventures. Established to foster innovation and strategic partnerships, ING Ventures focuses on investing in disruptive fintech, proptech, and other technology companies that align with ING's core business and future strategic direction. This initiative underscores ING's commitment to staying at the forefront of financial technology and digital transformation, actively seeking out and supporting startups that can reshape the industry.

ING Ventures primarily targets early-stage growth companies, typically participating in Series A and Series B funding rounds, though it may consider seed investments for highly strategic opportunities. Their investment criteria emphasize strong management teams, scalable business models, and solutions that can either enhance ING's existing services or open up new revenue streams. The arm seeks to not only provide capital but also leverage ING's vast network, expertise, and customer base to accelerate the growth of its portfolio companies, fostering a symbiotic relationship.

The typical initial check size for ING Ventures ranges from approximately $1 million to $12 million, depending on the stage and specific needs of the startup. A significant commitment was made when ING initially allocated €300 million (approximately $324 million) to ING Ventures in 2017 to fuel its investment activities, demonstrating a substantial long-term vision for its venture arm. With a portfolio spanning numerous companies across various geographies, ING Ventures plays a crucial role in shaping the future of financial services by backing innovative solutions and fostering collaborative ecosystems.