Hartenlust Group

Hartenlust Group is an independent, self-funded investment company and private equity firm based in Bloemendaal, Netherlands. Founded by Xeno Grimmelt and Jelle Elzinga, who met at Nyenrode University, the firm pursues growth and entrepreneurship through a hands-on approach and value-driven partnerships. The leadership combines diverse professional experience across sectors, guiding active, creative initiatives rather than passive funding. The company emphasizes practical, purpose-driven investments and long-term value creation.

Xeno Grimmelt

Founder and Partner

2 past transactions

Return

Venture Round in 2023
Return is a mission-driven scale-up's innovation power and speed in building firms and projects.

Hiber Global

Seed Round in 2017
Hiber Global, founded in 2016 and based in Amsterdam, Netherlands, specializes in providing satellite broadband services and affordable IoT connectivity through its Hiberband technology. The company has developed a nano-satellite platform that enables low-cost data transmission for Internet of Things (IoT) devices and sensors worldwide. This platform facilitates easy access to low-power networks, allowing users to gather small data packages from diverse monitoring devices, regardless of their location. Hiber's innovative solutions deliver actionable insights, making it a leader in next-generation IoT core infrastructure.
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