HomeNetherlandsDeepTechXL Raises €110M for Deeptech Fund

DeepTechXL Raises €110M for Deeptech Fund

DeepTechXL

DeepTechXL, an Eindhovern, The Netherlands-based deeptech venture capital firm, raised €110m for its deeptech fund.

LPs included the Rijksdienst voor Ondernemend Nederland, the Brabantse Ontwikkelingsmaatschappij, Oost-NL, TNO, Invest-NL, Philips, and the Technische Universiteit Twente, and ASML.

Through the new vehicle, DeepTechXL will support startups in quantum, photonics, semiconductors, and advanced engineering. The firm, invests €100k to €2m in every company, work alongside startups to provide hands-on support, share knowledge and enable growth, encouraging entrepreneurs to share their knowledge and experience with other entrepreneurs making an impact with advanced technologies.

The portfolio includes Senergetics, inPhocal, Gilbert Technologies, SandGrain, Superlight Photonics, Delft Circuits, Keiron, and Alphabeats.

VCWire

19/03/2024