Amsterdam · Seed–Late Stage · 25 people tracked
Investment thesis
Innovation Industries invests in deep tech companies whose ground-breaking technologies offer a sustainable competitive advantage and the potential to address fundamental challenges of our time. The firm leverages its team's technology and industry expertise to identify and scale the most promising opportunities. Beyond capital, it offers hands-on support to help companies realize their full potential and maximize positive environmental, social, and economic impact.
Source: firm website, verified Aug 3, 2026.
Team · 25 people
from the firm's website & public directoriesWhat they invest in
from 33 of 50 portfolio companiesHardware ×19Deep Tech ×11Semiconductors ×8Cleantech ×7AI & Machine Learning ×5Medical Devices ×5AgTech ×4IoT ×4
HQs:Netherlands×16Germany×3Belgium×1
Investments · 50 tracked
founders shown can be your intro pathBy year:2026 · 12023 · 12 dated
Axelera AI develops hardware and software platforms for artificial intelligence inference at the edge, including specialized processors and accelerators for edge computing, computer vision, natural language processing, and automotive applications.
AI & Machine LearningHardwareSemiconductors
Fabrizio Del MaffeoinEvangelos Eleftheriou(Founder)
Co-investorsSamsung Catalyst FundVerve VenturesBlackRockEuropean Innovation Council FundInvest-NLCDP Venture Capital+1 more
Carbyon develops direct air capture technology to remove CO2 from the atmosphere and supply it as circular CO2.
CleantechClimate TechDeep TechEindhoven, NL
Hans De Neve(Founder)
Co-investorsGlobal Cleantech CapitalLowercarbon CapitalInvest-NLOmnes CapitalBOMHighTechXL+3 more
LionVolt manufactures lithium-metal battery cells built on a proprietary 3D anode architecture that offers higher energy density than conventional lithium-ion, with the platform also designed for sodium-ion and solid-state chemistries.
CleantechDeep TechEnergyHardwareEindhoven, NL
Kevin Brundish(CEO)
Protealis breeds legume crops such as soybeans and yellow peas and develops proprietary seed coatings with nitrogen-fixing bacteria adapted to the European climate.
AgTechBiotechFoodTechGent, BE
Benjamin Laga(Co-founder & CEO)Jonas Aper(Co-founder & Director of Breeding)
Co-investorsAgri Investment FundKorysV-Bio VenturesEstari GroupVIBPMV
Co-investorsFORWARD.one
Integrated battery electrolyser systems.
Aphea.Bio develops biological crop protection products and biostimulants, including bioinsecticides targeting crop pests.
AgTechBiotech
Co-investorsAstanor VenturesEuropean Circular Bioeconomy FundPMVV-Bio Ventures
Predictive climate control for lower-emission sailing.
Co-investorsFORWARD.one
beeOLED develops blue OLED emitters based on rare-earth (lanthanide) metal complexes, such as cerium or europium, stabilized with organic ligands and made vacuum-vaporizable for OLED display manufacturing.
Deep TechHardwareNew Materials
Dr. Carsten RotheDr. Volodymyr Senkovskyy
Co-investorsM Ventures
Cassini Technologies develops corneal diagnostic devices for ophthalmic surgeons, including the Cassini Ambient and Cassini Connect O.R. suite used for preoperative diagnostics, surgical planning, and guidance.
HardwareHealthtechMedical Devices
EFFECT Photonics designs integrated tunable laser assemblies (pico and nano ITLAs) built on a monolithic indium phosphide photonic integration platform for coherent optical transceivers used in telecom, metro, access, DCI and AI networks.
Deep TechHardwareSemiconductorsEindhoven, NL
Co-investorsBOMMatterwave VenturesPhotonVentures
EnOcean develops energy-harvesting wireless technology that converts ambient energy into power, enabling battery-free devices and sensors for smart building automation.
CleantechEnergyHardwareIoTOberhaching, DE
Co-investorsEmerald Technology Ventures AgEnjoyventure ManagementSET Ventures
Co-investors4impact capitalAct Venture CapitalACT Venture CapitalAmadeus Capital SAAngel Physicians FundAnkur Capital+60 more
Undagrid provides AI software and an IoT network (Undagrid UNO) that turns IoT devices, Bluetooth Low Energy tags, and sensors into real-time asset tracking and monitoring tools for logistics operations.
AI & Machine LearningIoTLogistics & Supply Chain
Co-investorsSHIFT Invest
Fonontech develops advanced semiconductor and microelectronics manufacturing technology using additive manufacturing techniques to create smaller, more efficient components with significantly reduced environmental impact and energy consumption.
CleantechHardwareSemiconductorsEindhoven, NL
Co-investorsBOMIn-Q-TelSHIFT Invest
Groove Quantum develops quantum computing chips based on germanium spin qubits, using existing semiconductor manufacturing processes to address the scalability challenge of building large qubit systems.
Deep TechQuantum ComputingSemiconductors
Co-investors55 NorthVerve Ventures
Kaleido makes a small, reusable insulin patch pump that pairs with Diabeloop's DBLG2 self-learning algorithm and the Dexcom G7 continuous glucose monitor to provide hybrid closed-loop insulin delivery controlled via smartphone.
Digital HealthHardwareMedical Devices
Co-investorsInkef
Fluidics manufactures microparticles for biotherapeutics formulation, including controlled-release injectables, cell therapies, and oral/topical bioactive delivery.
BiotechDeep TechMedical Devices
3D printing prescription lenses
Co-investorsGET FundMunich Venture PartnersSET Ventures
MantiSpectra develops ChipSense, a miniaturized hyperspectral sensor chip and development platform for material analysis and health insights.
Deep TechHardwareSemiconductors
Co-investorsPhotonVentures
Microsure develops MUSA-3, a microsurgical robot that assists surgeons in performing complex microsurgery on small anatomical structures by scaling joystick movements, filtering tremor, and enabling use of standard microsurgical instruments.
HealthtechMedical DevicesRobotics
Co-investorskineo finance
Morphotonics develops large-area nanoimprint lithography technology, combining hardware, processes, and proprietary materials to replicate sub-100 nm features across square-meter surfaces at high volume.
Advanced ManufacturingDeep TechHardware
Co-investorsBOM
Nearfield Instruments (NFI) develops automated high-throughput atomic force microscopy systems for atom-scale 3D metrology used in process control.
Deep TechHardwareSemiconductors
Co-investorsWalden Catalyst
Onera Health provides clinical-grade remote diagnostics and monitoring solutions for healthcare professionals, with an initial focus on sleep health.
Digital HealthHealthtechMedical DevicesEindhoven, NL
Co-investors15th RockEQT Life SciencesLSP (Life Sciences Partners)imec.xpand
AI-powered, non-invasive MRI inspection brought to industrial scale.
PHIX is a European packaging foundry providing integrated photonics (PIC) packaging and contract manufacturing services, including hybrid integration, optical fiber assembly, and RF/electrical connectivity for all major PIC material platforms.
Advanced ManufacturingDeep TechHardware
Co-investorsPhotonVentures
Wafer-scale integrated lasers for next-generation datacenter interconnects.
Neuromodulation therapy for migraine relief.
Co-investorsDolby Family VenturesInkef
SandGrain builds CyberRock, a hardware-rooted IoT security platform combining an immutable token, certificate-free architecture, post-quantum-resilient encryption, and cloud-based device management.
CybersecurityHardwareIoT
Co-investorsBOMDeepTechXLInvest-NL
SandGrain builds CyberRock, an IoT security platform based on an immutable hardware token, certificate-free architecture, and cloud infrastructure that provides post-quantum-resilient authentication and device lifecycle management.
CybersecurityHardwareIoT
Co-investorsDeepTechXL
SMART Photonics is a foundry for photonic integrated circuits (PICs), manufacturing light-based microchips used in data and telecommunications, sensing applications such as Lidar, and medical diagnostics.
Deep TechHardwareSemiconductors
Co-investorsKPN VenturesPhotonVenturesBOM
Smart Robotics builds AI-powered robotic systems for warehouse automation, including palletizing and item picking/placing for inbound and outbound logistics flows.
AI & Machine LearningLogistics & Supply ChainRobotics
SparkNano develops spatial atomic layer deposition (ALD) equipment for depositing thin nano-coatings at high speed and precursor efficiency.
CleantechHardwareNew Materials
Co-investorsAir Liquide Venture Capital (ALIAD)BOM
Tempress develops and produces diffusion and deposition furnace systems and related processes used to manufacture advanced materials and devices for the semiconductor, power, MEMS, photonics, solar, life sciences, and coating markets.
Advanced ManufacturingHardwareNew MaterialsSemiconductorsVaassen, NL
Co-investorsJolt Capital
The Akkermansia Company develops postbiotic supplements built around a pasteurized form of the gut bacterium Akkermansia muciniphila (Akkermansia MucT), sold direct to consumers to support gut barrier integrity, weight management, and overall wellness.
Direct to ConsumerLongevityWellness & Fitness
Co-investorsVIVES Partners
IoT platform unlocking assets' business potential.
Kaleido, a lightweight modular precision-dosing insulin pump.
Visionairo builds physical vision AI for safety automation, providing computer-vision monitoring used by enterprises and government agencies for operational efficiency and compliance.
AI & Machine LearningEnterprise SoftwareGovTechMobility & Transportation
VitalFluid develops machines that produce Plasma Activated Water (PAW) on-site from water, air, and electricity, offering growers a residue-free alternative to chemical fungicides.
AgTechCleantechHardware
Paul LeendersPolo van Ooij
Co-investorsFFFFuture Food Fund
Portfolio news
latest coverage across their companies
Axelera AI · dispatcheseurope.com · Aug 18, 2026
EFFECT Photonics · effectphotonics.com · May 26, 2026
Groove Quantum · quantumzeitgeist.com · May 8, 2026
Carbyon · newmarketpitch.com · Apr 23, 2026
Frequently asked questions
- How many investments has Innovation Industries made?
- Innovation Industries has 36 tracked investments, including 1 dated in the last 24 months.
- What stage does Innovation Industries invest at?
- Innovation Industries invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is Innovation Industries's typical check size?
- Innovation Industries typically writes checks of $2.2M – $54M.
- What sectors does Innovation Industries focus on?
- Innovation Industries focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Climate Tech, Data & Infrastructure, Deep Tech, EdTech, Energy, Enterprise Software, FoodTech, Hardware, Healthtech, Medical Devices, New Materials, Quantum Computing, Robotics, Sector Agnostic, Semiconductors.
- Where is Innovation Industries located?
- Innovation Industries is headquartered in Amsterdam, NL.
- Does Innovation Industries lead rounds?
- Innovation Industries typically participates in rounds rather than leading them.
- Who does Innovation Industries co-invest with?
- Innovation Industries most often shares deals with BOM, PMV, SET Ventures, among 30 tracked co-investors.
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