Peter Van Gelderen

Amsterdam, Netherlands based OTB Ventures recently closed a new fund to fuel European deeptech innovation. 💸 ‘Oversubscribed €170 million Fund II backed by the European Investment Fund (EIF), Isomer Capital, NATO Innovation Fund (NIF), FNP Foundation for Polish Science, TDJ Venture, Snowflake co-Founder Marcin Zukowski and OnDean, the family office of the Founders of Relativity.’ 💡Investing in early growth (late Seed, Series A and B) #deeptech start-ups across four core verticals: #SpaceTech, #artificialintelligence & #Automation, #FinTech and #Cybersecurity. Predominantly #SeriesA, with 10% of allocations for Seed funding and 50% of its capital for follow-on investments. 🌍 #Europe - Central and Eastern European (#CEE) 📈 OTB Ventures currently manages over $350m and has backed start-ups including Kurs Orbital, akirolabs, SEMRON, ATMOS Space Cargo, KYP.ai, Veridion, ClearSpace, kevin., TurnKey Lender, Hydrosat, among others. 💭”This is our largest fund yet and a reflection of Europe’s emergence as a growth market for DeepTech start-ups and technology talent.” - Marcin Hejka, co-Founder and Managing Partner of OTB Ventures, 🗞️By Stefano De Marzo EU-Startups https://lnkd.in/du9tEtyh 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Marcin Hejka I Adam Niewinski I Wojtek Walniczek I Alicja Glinka Katarzyna Zwolanowska I Karolina Czerwińska-Czaplicka I Julia Orzel I Zofia Kłudka I Tomasz Lepka I Mateusz Lukasik I Karol Szubstarski I Alicja Glinka I Andrea Traversone I Mateusz Sumara I Team OTB Ventures … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #ai #entrepreneurship #technology #innovation #amsterdam #netherlands

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🚀 #Rotterdam: Paebbl has raised €22.8 million in a Series A fundraising round. Paebbl transforms absorbed CO2 storage into polymers that can store carbon forever. 💳 Tier one financial and strategic investors led the funding round, led by DACH-focused VC Capnamic. Other new investors included The Climate Pledge Fund (Amazon), a global leader in materials and construction Holcim, and several European industrial family offices, including German construction company GOLDBECK's family office Aurum Impact. Participating entities included Pale blue dot, The Grantham Foundation for the Protection of the Environment, and current Paebbl investors 2050. Pol Knops Marta Sjögren Stefan Tonnon Sébastien Gianelli Mónica Riquezis Mora Ana Luisa Vaz Frederic Ljung Toon van Balen Marie Ekeland Read More about #Paebbl: https://lnkd.in/dNSfBQv8 Feature your startup journey on TECHnicalBeep! Reach out to us at "[email protected]" and ignite the future together! 🦄 #technicalbeep #ideasphere #startupnews #startupspace #startup #tech #venturecapital #startupfunding #fundingnews

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Innovation Industries Raises €500 Million For Investments In Deeptech. Dutch venture capital fund Innovation Industries has raised €500 million for its third fund, which focuses on financing deeptech companies in the Benelux and Germany. The fundraise was oversubscribed. Earlier this year, Innovation Industries also raised €100 million for another fund, the Strategic Partners Fund, which invests in scale-ups from the existing portfolio. This brings the total raised capital for this year to €600 million. Investors in the third fund include PME pensioenfonds and Pensioenfonds Metaal en Techniek ( PMT ). These pension funds have also invested in Innovation Industries' earlier funds. The fund also includes pension funds PME pensioenfonds, Pensioenfonds Metaal en Techniek ( PMT ), bpfBOUW, Pensioenfonds ABP, Pensioenfonds KPN, and Pensioenfonds TNO. Additionally, investors in the fund include ABN AMRO Bank N.V., Athora Netherlands, Rabobank, Oost NL, Brabantse Ontwikkelings Maatschappij (BOM), Invest-NL, InnovationQuarter, European Investment Fund (EIF), KfW Capital , and Wachstumsfonds. "Investing in deeptech is very attractive from various perspectives. Nevertheless, deeptech companies still face significant challenges in raising capital," says Nard Sintenie, partner at Innovation Industries. "With our third fund, combined with the Strategic Partners Fund, we are taking an important step in addressing this issue for Dutch deeptech companies." Harm de Vries, partner at Innovation Industries, stated, "We are very pleased that in addition to pension funds PME and PMT, other pension funds are now also participating in our fund. We share a long-term vision with these pension funds, combining good financial returns with a contribution to the future resilience of the Dutch deeptech ecosystem. With currently around €900 million in capital under management, we will serve as a magnet for groundbreaking technologies in Europe." "Our team currently operates from offices in Amsterdam and Eindhoven. Soon, we will add an office in Munich," explains Chris Sonnenberg, partner and co-founder of Innovation Industries. "With a solid European presence, we can identify the best technology companies and thereby strengthen the competitive position of the Netherlands," he adds. Innovation Industries has been active since 2017 and has investments in more than 30 deeptech companies. An example is Nearfield Instruments , a spin-off of TNO that develops advanced measuring machines for the semiconductor industry. Companies in the portfolio have als obeen sold, such as Luxexcel - 3D printed lenses, which was acquired by Meta (the company behind Facebook) in 2021. INGEN HOUSZ (Loes Mensink) advised Innovation Industries setting up the fund.

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Next Wednesday, June 19 at 4 p.m., Helena Norberg Hodge will be our star guest in the Reinventing Capitalism webcast series. Helena has been awarded the "Alternative Nobel Prize" for her personal work and achievements in favour of local human-scale economies. She promotes a decentralised place-based economy as the key toward Happiness Economics 1 explicit juxtaposing economic globalisation which in her view causes social and ecological degeneration and destruction. Because there is - literally - an enormous distance between the production and consumption of goods, there is little or no involvement or responsibility of producers or consumers. A local economy, conversely, is one where all economic actors have intensive personal contact, shared goals, and mutual responsibility. With environmental disruption becoming tangibly larger and more impactful, the question is not if a globalised economy will collapse, but when! Hence, we will have to reinvent ourselves in order to be able to provide for our existence in a sustainable manner. Local futures might be one interesting answer. If you want to learn more and join the conversation, make sure you're there! You can register here and participate for free: https://lnkd.in/ewPVtcRe https://lnkd.in/ec2A57JT

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🌏 Amsterdam is becoming known as the city where energy startups call home. With UN goals of achieving net-zero by 2050 –  let us introduce you to some Amsterdam-based startups who are coming up with cutting edge solutions to tackle the energy transition. 🍉 Watermeln is a startup that make tailored hydrogen fuel solutions and bring them to different locations such as festivals and constructions sites – ensuring that green solutions are an options for all types of off-grid locations. 👀 Optics11 - Fiber optic sensing solutions uses fiber optic sensing to monitor partial discharges in high-voltage equipment. Compared to copper cables, fibre optic cables are more efficient and eco-friendly – their technology enables precise and reliable detection of early electrical issues. 🌊 Brineworks uses electrochemistry to remove CO2 from oceans – climate change threatens marine biodiversity, making CO2 removal essential to protect our wildlife. Brineworks innovative eco-friendly tech is not only scalable but also cost-effective. 🔗 And that’s not all – read our article here to meet more like minded Amsterdam-based startups: https://lnkd.in/eMAJ7u8y #GreenEnergy #AmstedamStartUps #GreenStartUps #EcoFriendlyAmsterdam

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