Innovation Industries logo

Innovation Industries

Europe, Noord-Holland, The Netherlands, Amsterdam

Description

Innovation Industries is a prominent venture capital firm based in Amsterdam, The Netherlands, dedicated to fostering innovation within the Dutch high-tech ecosystem. The firm specializes in investments across three critical sectors: high-tech, med-tech, and agri-food-tech. With a strategic focus on companies that demonstrate a strong connection to Dutch knowledge institutes and research, Innovation Industries plays a crucial role in commercializing groundbreaking technologies and scaling promising ventures from their early stages through to significant growth.

The firm's investment strategy is characterized by a flexible approach to funding, designed to support companies throughout their development lifecycle. For initial rounds, Innovation Industries typically deploys between €1 million and €10 million. This initial investment range allows them to engage with promising early-stage companies as well as more mature scale-ups. Critically, the firm has the capacity to provide substantial follow-on funding, with the potential to invest up to €30 million per company over multiple rounds, demonstrating a long-term commitment to its portfolio.

Innovation Industries manages several funds, with its latest, Innovation Industries Fund III, having a substantial closing at €300 million. This significant capital base enables the firm to make impactful investments and provide sustained support to its portfolio companies. The firm prides itself on being an active partner, offering not just capital but also strategic guidance, industry expertise, and access to a vast network. Its investor base includes major institutional investors, such as pension funds, and is notably supported by the Dutch government through the Netherlands Enterprise Agency (RVO), underscoring its national strategic importance.

This robust backing and hands-on approach position Innovation Industries as a key player in driving technological advancement and economic growth within the Netherlands. They seek to build long-term relationships with founders, leveraging their deep sector knowledge and operational experience to help companies navigate challenges and achieve their full potential, ultimately contributing to the global innovation landscape.

Investor Profile

Innovation Industries has backed more than 64 startups, with 6 new investments in the last 12 months alone. The firm has led 30 rounds, about 47% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in The Netherlands, Belgium, Germany.
  • Strong thematic focus on Semiconductor, Electronics, Manufacturing.
  • Led 3 rounds in the past year.
  • Typical check size: $1.1M – $10.8M.

Stage Focus

  • Seed (20%)
  • Series Unknown (20%)
  • Series B (17%)
  • Series A (16%)
  • Series C (13%)
  • Pre Seed (3%)
  • Debt Financing (3%)
  • Series D (3%)
  • Undisclosed (3%)
  • Series E (2%)

Country Focus

  • The Netherlands (89%)
  • Belgium (8%)
  • Germany (2%)

Industry Focus

  • Semiconductor
  • Electronics
  • Manufacturing
  • Machinery Manufacturing
  • Biotechnology
  • Health Care
  • Mobile
  • Nanotechnology
  • Medical Device
  • Artificial Intelligence (Ai)
circle-line
FAQ

Frequently Asked Questions

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

Who does Innovation Industries frequently co-invest with?

KBC Focus Fund
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 6
BD
Europe, Noord-Brabant, The Netherlands, Tilburg
Co-Investments: 4
imec.xpand
Europe, Vlaams-Brabant, Belgium, Leuven
Co-Investments: 5
Invest-NL
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 16
OostNL
Europe, Gelderland, The Netherlands, Apeldoorn
Co-Investments: 3
Korys
Europe, Vlaams-Brabant, Belgium, Halle
Co-Investments: 3
BOM
Europe, Noord-Brabant, The Netherlands, Tilburg
Co-Investments: 8
TNO
Europe, Zuid-Holland, The Netherlands, The Hague
Co-Investments: 4
FORWARD.one
Europe, Noord-Holland, The Netherlands, Amstelveen
Co-Investments: 4
PhotonDelta
Europe, Noord-Brabant, The Netherlands, Eindhoven
Co-Investments: 3

Which angels does Innovation Industries often collaborate with?

Shared Deals: 1
JL
Europe, Overijssel, The Netherlands, Enschede
Shared Deals: 1
RB
North America, California, United States, San Francisco
Shared Deals: 1
SB
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 2
BS
Europe, Zuid-Holland, The Netherlands, Rotterdam
Shared Deals: 1

What are some of recent deals done by Innovation Industries?

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
FononTech

Eindhoven, Noord-Brabant, The Netherlands

FononTech is an impulse printing company that produces fine-grained patterns in the micro to millimeter range for electronics.

ElectronicsIndustrial ManufacturingMachinery Manufacturing
SeedMay 16, 2025
Amount Raised: $9,487,761
PHOTON IP

Eindhoven, Noord-Brabant, The Netherlands

chipmaker for advanced optical chips

Optical CommunicationSemiconductor
SeedJan 13, 2025
Amount Raised: $4,852,435
CarbonX

Delft, Zuid-Holland, The Netherlands

CarbonX develops and supplies new materials to design the next generation of materials.

ChemicalIndustrial
Series UnknownDec 11, 2024
Amount Raised: $4,202,241
Battolyser Systems

Schiedam, Zuid-Holland, The Netherlands

Battolyser is an integrated battery and electrolyser system producing green hydrogen at low costs without using scarce materials

BatteryClean EnergyCleanTechEnergyEnergy EfficiencyEnergy ManagementPower Grid
Series ASep 12, 2024
Amount Raised: $33,237,167
Carbyon

Eindhoven, Noord-Brabant, The Netherlands

Carbyon is a Netherlands-based company that develops direct air capture (DAC) technologies.

Carbon CaptureEnergyRenewable EnergySemiconductor
Series ASep 3, 2024
Amount Raised: $16,904,303
Nearfield Instruments

Rotterdam, Zuid-Holland, The Netherlands

Nearfield Instruments is a developer of advanced metrology systems for the semiconductor manufacturing industry.

ElectronicsMachinery ManufacturingManufacturingSemiconductor
Series CJul 18, 2024
Amount Raised: $147,621,813
Axelera AI

Eindhoven, Noord-Brabant, The Netherlands

Axelera AI is an artificial intelligence chip manufacturer that creates AI hardware and software platforms for edge computing.

Artificial Intelligence (AI)Machine LearningSemiconductorSoftware
Series BJun 27, 2024
Amount Raised: $68,000,000
VitalFluid

Veldhoven, Noord-Brabant, The Netherlands

VitalFluid is a young innovative company specialised in Plasma Activated Water (PAW), engineering & design of PAW-equipment and application.

Organic Food
Series UnknownApr 18, 2024
Amount Raised: $5,321,277
EFFECT Photonics

Eindhoven, Noord-Brabant, The Netherlands

EFFECT Photonics is a highly vertically integrated, independent leader in integrated optics.

MobileOptical CommunicationSemiconductor
Series DMar 19, 2024
Amount Raised: $38,000,000