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Invest-NL

Government fund

Amsterdam · Pre-Seed–Late Stage · 3 people tracked

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Investment thesis

Invest-NL focuses on financing innovative enterprises and projects that accelerate societal transitions toward a more sustainable and innovative Netherlands. It invests both directly and indirectly, stepping in where risks are high and markets hesitate, in order to set transitions in motion. Beyond capital, the firm provides legal, financial, and technical expertise to resolve financing bottlenecks and give emerging sectors perspective. It develops new financial instruments to make innovative initiatives financeable and thereby mobilize capital, and it supports portfolio companies in maximizing their impact and building strong ESG policies.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Amsterdam, NL
Instruments
Equity · Debt
Last 12 months
6 investments
Tracked investments
18

Team · 3 people

from curated & public directories

What they invest in

from 18 of 18 portfolio companies

Deep Tech ×6AI & Machine Learning ×4Biotech ×4Climate Tech ×4Hardware ×4Healthtech ×4Cleantech ×3FoodTech ×3

HQs:Netherlands×9United Kingdom×1

Investments · 18 tracked

founders shown can be your intro path

By year:2026 · 32025 · 32024 · 12023 · 12022 · 19 dated

Axelera AIaxelera.aiin𝕏Feb 2026✓ verified

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)in

Co-investorsInnovation IndustriesSamsung Catalyst FundVerve VenturesBlackRockEuropean Innovation Council FundCDP Venture Capital+1 more

Carbyoncarbyon.comin✓ verified

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)in

Co-investorsGlobal Cleantech CapitalInnovation IndustriesLowercarbon CapitalOmnes CapitalBOMHighTechXL+3 more

Leyden Labsleydenlabs.cominJun 2026✓ verified

Leyden Labs develops nasal sprays containing antibodies that target respiratory viruses such as influenza and COVID at the nasal mucosa to prevent initial infection and transmission.

BiotechDeep TechHealthtechLeiden, NL

Koenraad Wiedhaup(Founder & Chief Executive Officer)inRonald Brus(Founder & Chief Growth Officer)inJaap Goudsmit(Founding Scientist and Senior Advisor)inDinko Valerio(Founder and Chair of the Supervisory Board)Jintanat Ananworanich(Chief Medical Officer)inClarissa Koch(Chief Scientific Officer)

Co-investorsClavystBioF-Prime CapitalGV (Google Ventures)Bluebird VenturesCasdin CapitalEuropean Innovation Council Fund+5 more

Sandgrainsandgrain.comin✓ verified

SandGrain develops CyberRock, a post-quantum-resilient authentication platform designed for aerospace and defense applications in Europe and NATO member states.

CybersecurityDefense TechHardwareIoTQuantum Computing

Jeroen Doumen(Founder & Security Architect)Joeri Voets(CEO)in

Co-investorsDeepTechXLInnovation IndustriesBOM

Cultivatedcultivated.bioinDec 2025

Cultivated develops Cosaic Neo, a multipurpose food ingredient that combines texture, nutrition, and clean-label properties for beverage and food manufacturers.

BiotechFoodTech

Co-investorsBlue Horizon CorporationSustainable Food VenturesAgronomicsBig Idea VenturesKickfund

CuspAIcusp.aiin𝕏

CuspAI develops AI models for materials science and discovery, and leads the AI Materials Foundry initiative that combines accelerated computing infrastructure with chemistry data and materials expertise.

AI & Machine LearningDeep TechNew MaterialsCambridge, GB

Max Welling(Co-Founder)inChad Edwards(Co-Founder & CEO)in

Co-investorsBasis Set VenturesHoxton VenturesKleiner PerkinsLightspeed Venture PartnersNew Enterprise Associates (NEA)Northzone+10 more

Innaterainnatera.comin𝕏Jun 2024

Innatera develops ultra-low-power neuromorphic processor chips that bring brain-like intelligence to the sensor edge, enabling everyday electronics and IoT devices to sense, understand, and respond in real time while keeping data on-device.

AI & Machine LearningHardwareIoTSemiconductors

Sumeet Kumar(Co-founder & Chief Executive Officer)inAmir Zjajo(Co-founder & Chief Scientific Officer)inRene van Leuken(Co-founder & Chief Advisory Officer)inUma Mahesh(Co-founder & Managing Director – India)Shreyas Derashri(Chief Commercial Officer)inMarc Bejas(Chief Financial Officer)in

Co-investorsMatterwave VenturesDelft Enterprises B.V.MIG Capital AG

Keironkeirontechnologies.comin

Keiron Technologies develops LiFT, a digital solder paste printing technology for electronics assembly that eliminates traditional stencil and jet printing, enabling high-precision contactless deposition for electronics manufacturers.

Advanced ManufacturingDeep TechHardware

Paul Rooimans(CEO)inJohn Willems(COO)inRichard van Lieshout(CTO)in

Co-investorsCottonwood Technology FundDeepTechXLFORWARD.one

Keironkeiron.fitin

Keiron Interactive designs and develops immersive products and services using virtual, augmented and mixed reality along with gamification, handling projects from ideation and concept to development and business modeling.

GamingHealthtechWellness & Fitness

Paul Rooimans(Founder)in

Co-investorsLVenture GroupCottonwood Technology FundDeepTechXL

LeydenJarleyden-jar.comin

LeydenJar develops pure silicon anode technology that increases battery energy density, enabling smaller, lighter, and more powerful batteries.

CleantechDeep TechEnergy

Christian Rood(Founder)in

Co-investorsBOMExtantia Capital

Meer over Ecovadisecovadis.com

EcoVadis operates a sustainability ratings platform that measures and scores companies' sustainability performance across supply chains, combining AI analysis with methodology aligned to UN Global Compact, GRI, and ISO 26000 and validation by in-house analysts.

Climate TechEnterprise SoftwareSaaS

Co-investorsB Capital

Mosa Meatmosameat.cominDec 2025 · $17.6M

Mosa Meat is a company developing cultivated meat.

BiotechClimate TechFoodTech

Co-investorsAgronomicsArcTern VenturesBlue Horizon CorporationCollateral GoodM VenturesMbuyu Capital Partners+5 more

OurMindourmind.aiin𝕏

OurMind builds an AI platform for care professionals that takes routine clinical work such as documentation, intakes, referrals, scheduling, and follow-ups off care teams, letting clinicians create and train AI assistants across a hospital.

AI & Machine LearningDigital HealthHealthtechNetherlands, NL

Co-investors4impact capital

PROTIXprotix.euin𝕏

Protix produces insect-derived protein, lipid, and puree ingredients for pet food, aquaculture feed, and livestock feed, as well as frass and larvae-based products for plant care and breeding.

AgTechCircular EconomyFoodTech

Co-investorsAqua SparkEuropean Circular Bioeconomy FundSHIFT Invest

Seenonsseenons.cominApr 2023

Seenons provides a platform connecting enterprises with waste and recycling partners across multiple countries to optimize waste streams and support circular economy goals.

Circular EconomyEnterprise SoftwareSaaSAmsterdam, NL

Martin Kayser(Founder)in

Co-investorsFortino CapitalCapitalTShamrock VenturesTablomonto

SHIFT Investshiftinvest.cominMay 2022

Shift Invest is an impact investment firm that finances early-stage companies across energy transition, sustainable agriculture, green industries, and sustainable mobility in Northwestern Europe.

CleantechClimate TechImpact & Social Good

Co-investorsBOMNV NOM

TIN Capitaltiincapital.nlin𝕏Nov 2025

TIN Capital is a Dutch venture capital firm that invests in cybersecurity and IoT security startups and scale-ups based in Europe.

CybersecurityAmsterdam, NL

Co-investorsKPN VenturesEIFEuropean Investment Fund

Xeltisxeltis.comin𝕏Aug 2026

Xeltis develops implantable vascular devices that transform into living tissue using Restorex supramolecular polymer technology.

BiotechDeep TechHealthtechMedical Devices

Eliane Schutte(Chief Executive Officer)in

Co-investorsKurma PartnersVI PartnersYsios CapitalEQT Life Sciences

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Invest-NL invest at?
Invest-NL invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Invest-NL focus on?
Invest-NL focuses on AgTech, Cleantech, Climate Tech, Deep Tech, FoodTech, Impact & Social Good.
Where is Invest-NL located?
Invest-NL is headquartered in Amsterdam, NL.
Who does Invest-NL co-invest with?
Invest-NL most often shares deals with Aqua Spark, B Capital, European Circular Bioeconomy Fund, among 4 tracked co-investors.

Images

Invest-NL photoInvest-NL photo

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