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InnovationQuarter

Europe, Zuid-Holland, The Netherlands, The Hague

Description

InnovationQuarter serves as the regional development agency for the South Holland province in the Netherlands, playing a pivotal role in strengthening the local economy by fostering innovation, attracting foreign investment, and supporting the growth of startups and scale-ups. Through its dedicated venture capital fund, IQCapital, the organization strategically invests in promising companies that align with the region's key innovation clusters, including Life Sciences & Health, Energy, Maritime & Port, Cybersecurity, and AI. Their investment approach is designed to provide catalytic capital, often co-investing alongside private venture capital firms and other strategic partners to maximize impact and leverage.

IQCapital primarily targets early-stage companies, ranging from seed to Series A and B rounds, that demonstrate high growth potential and a clear connection to the South Holland ecosystem. They seek out businesses that can contribute to the region's economic development and job creation. The agency's commitment extends beyond just capital, offering support through its extensive network and expertise to help portfolio companies scale and succeed in both domestic and international markets.

InnovationQuarter has a significant track record of supporting the regional innovation landscape. Since its inception, the IQCapital fund has invested in more than 100 companies, demonstrating its consistent activity in the market. For instance, in 2022 alone, InnovationQuarter directly invested approximately $15.98 million (€14.8 million) into 20 companies, which in turn mobilized a substantial $126.36 million (€117 million) in co-investments from other parties. This highlights their ability to attract significant follow-on capital and act as a crucial enabler for regional startups.

Investor Profile

InnovationQuarter has backed more than 77 startups, with 7 new investments in the last 12 months alone. The firm has led 15 rounds, about 19% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in The Netherlands, New Zealand, Germany.
  • Strong thematic focus on Software, Information Technology, Health Care.
  • Led 2 rounds in the past year.
  • Typical check size: $270K – $2.7M.

Stage Focus

  • Series A (32%)
  • Seed (31%)
  • Series Unknown (26%)
  • Series B (6%)
  • Private Equity (1%)
  • Series C (1%)
  • Post Ipo Debt (1%)

Country Focus

  • The Netherlands (97%)
  • New Zealand (1%)
  • Germany (1%)

Industry Focus

  • Software
  • Information Technology
  • Health Care
  • Biotechnology
  • Manufacturing
  • Hardware
  • Cleantech
  • Medical
  • Pharmaceutical
  • Therapeutics
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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 InnovationQuarter frequently co-invest with?

Thuja Capital
Europe, Utrecht, The Netherlands, Utrecht
Co-Investments: 3
4impact
Europe, Zuid-Holland, The Netherlands, The Hague
Co-Investments: 3
Invest-NL
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
APG Asset Management
Europe, Limburg, The Netherlands, Heerlen
Co-Investments: 2
Rabobank
Europe, Utrecht, The Netherlands, Utrecht
Co-Investments: 3
BioGeneration Ventures
Europe, Noord-Holland, The Netherlands, Naarden
Co-Investments: 4
Arches Capital
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
FORWARD.one
Europe, Noord-Holland, The Netherlands, Amstelveen
Co-Investments: 5
European Innovation Council
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 2
QDNL Participations
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3

Which angels does InnovationQuarter often collaborate with?

GJ
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
EV
North America, Tennessee, United States, Nashville
Shared Deals: 1
GP
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
JC
North America, California, United States, Santa Barbara
Shared Deals: 1
DT
Europe, Dublin, Ireland, Dublin
Shared Deals: 1
AP
North America, California, United States, San Francisco
Shared Deals: 1
RH
Europe, Noord-Holland, The Netherlands, Haarlem
Shared Deals: 1
JN
Europe, The Netherlands
Shared Deals: 1
JV
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
ED
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by InnovationQuarter?

Orange Quantum Systems

Delft, Zuid-Holland, The Netherlands

Orange Quantum Systems offers quantum software, diagnosis, and system services.

Quantum ComputingSoftwareSoftware EngineeringTechnical Support
SeedJun 17, 2025
Amount Raised: $13,881,000
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
Vivici

Delft, Zuid-Holland, The Netherlands

Vivici is a B2B ingredient firm that provides animal-free dairy proteins manufactured with precision fermentations.

Dietary SupplementsFood and BeverageNutrition
Series AFeb 25, 2025
Amount Raised: $34,049,419
Villari

Delft, Zuid-Holland, The Netherlands

Villari delivers wireless structural health monitoring technology.

HardwareInternet of ThingsIT ManagementSoftware
SeedJan 30, 2025
Amount Raised: $4,170,420
BIMINI Biotech

Leiden, Zuid-Holland, The Netherlands

BIMINI Biotech is a startup that develops innovative therapeutic strategies for oncology.

BiotechnologyLife ScienceOncologyTherapeutics
SeedJan 13, 2025
Amount Raised: $3,064,696
Vaeridion

Munich, Bayern, Germany

Vaeridion develops electric microliners for zero-emission regional air travel.

Air TransportationClean EnergySustainability
Series ADec 19, 2024
Amount Raised: $14,510,373
C2CA technology

Utrecht, Utrecht, The Netherlands

C2CA Technology provides concrete recycling services.

Building MaterialCleanTechGreenTechRecyclingSustainability
Series ANov 13, 2024
Amount Raised: $10,565,899
Pan Cancer

Rotterdam, Zuid-Holland, The Netherlands

Pan Cancer exploits 20 years of pioneering research in the field of adoptive T-cell therapies.

BiotechnologyLife ScienceTherapeutics
SeedJul 11, 2024
Amount Raised: $4,608,685
PRYME BV

Rotterdam, Zuid-Holland, The Netherlands

Pryme is an innovative cleantech company focused on converting plastic waste into valuable products through low-carbon chemical recycling.

CleanTechEnergyManufacturingRenewable Energy
Post Ipo DebtJun 11, 2024
Amount Raised: $5,364,041
Q*Bird B.V.

Delft, Zuid-Holland, The Netherlands

Secure Quantum Connectivity - Building the next generation digital infrastructure

Information Technology
SeedMay 28, 2024
Amount Raised: $2,712,824