Innovation Industries

Innovation Industries is a Netherlands-based venture capital firm established in 2017, specializing in early-stage investments in high-tech, med-tech, and agri-food tech companies. The firm adopts a hands-on management approach, offering entrepreneurs not only financial support but also valuable expertise, industry knowledge, and connections to enhance their ventures. By actively assisting portfolio companies, Innovation Industries aims to strengthen their value propositions, accelerate their time-to-market, and facilitate strategic partnerships while helping them navigate common start-up challenges. Although the firm primarily focuses on start-ups, it also invests in scale-ups, ensuring a broad spectrum of funding capabilities. This approach allows Innovation Industries to sustain emerging breakthroughs in research and technology with sufficient venture capital, ultimately optimizing the companies' chances of success and delivering returns to its investors as these businesses grow and develop.

Caaj Greebe

Investment Director

Pleuni Hooijman

Investment Associate

Martijn van den Hul

Investment Associate

Vincent Kamphorst

Investment Director

Rogier Ketelaars

Investment Associate

Margherita Marchetti

Investment Associate

Tobias Ouwerkerk

Investment Associate

Tom Schwarz

General Partner

Richard Spijkers

Investment Manager

Sander Verbrugge

Partner

Lin Zhu

Investment Associate

Past deals in Benelux

Pharrowtech

Series A in 2022
Pharrowtech BV manufactures chip and antenna solutions for wireless applications. The company designs and manufactures wireless sub-systems for 60GHz millimeter wave wireless applications. Its products include chip and antenna systems. Pharrowtech BV caters to fixed-wireless access, wireless virtual reality and artificial reality, and high capacity wireless links customers. The company is based in Mortsel, Belgium.

LionVolt

Seed Round in 2021
LionVolt offers a groundbreaking 3D solid-state technology for next-generation batteries that offers better performance than state-of-the-art Li-on batteries. They implement green alternatives, in contrast to conventional batteries, and use sustainable materials and circular processes.

AutoFill Technologies

Seed Round in 2021
Our patent-pending technology uses computer vision and AI to capture object data and detects damage to vehicles without the need for human interaction. We enable enterprises to minimize compliance risk, massively reduce labor costs and vastly enrich predictive vehicle inspection reporting.

Aito

Series E in 2021
Aito BV, founded in 2005 and based in Zaanstad, the Netherlands, specializes in developing and manufacturing advanced touch solutions for various applications. The company creates interactive user interfaces that incorporate buttons, touch pads, and screens, utilizing materials like stainless steel, aluminum, wood, and polycarbonate. Aito's product range includes touch demos, complete switching units, touch water taps, and control units designed for consumer electronics such as smartphones and car infotainment systems. The company is recognized for its patented touch and haptic feedback technology, which enhances user experience. With engineering and research offices in the Netherlands and Finland, and licensed manufacturing facilities in Singapore and China, Aito serves a global clientele through its sales and application team located in Amsterdam. Aito operates as a subsidiary of d-Switch BV.

Axelera AI

Seed Round in 2021
Axelera AI is developing a game-changing hardware and software platform for AI. Incubated in 2019 by the emerging technologies leader Bitfury and joined by the leading nano-technology group imec in early 2020, Axelera AI launched as a new company in 2021. Headquartered in the AI Innovation Center of the High Tech Campus in Eindhoven, Axelera AI has R&D offices in Belgium, Switzerland, and Italy. Its team of experts in AI software and hardware hail from top AI firms and Fortune 500 companies.

Solynta

Series C in 2021
Solynta is a breeding and biotechnology company based in Wageningen, the Netherlands – the home town of one of the leading agricultural research institutions in the world. The company develops and applies new breeding technologies to convert potatoes into a hybrid crop. Hybrid potato varieties with superior traits and performance are being generated at a speed that is vastly greater than what can be achieved by traditional breeding. In addition, hybrid potatoes will allow sexual seed propagation, greatly enhancing the speed of product developments and providing tremendous logistical and phytosanitary advantages to the potato industry.

LionVolt

Pre Seed Round in 2021
LionVolt offers a groundbreaking 3D solid-state technology for next-generation batteries that offers better performance than state-of-the-art Li-on batteries. They implement green alternatives, in contrast to conventional batteries, and use sustainable materials and circular processes.

Nearfield Instruments

Venture Round in 2021
Nearfield Instruments B.V., founded in 2016 and located in Rotterdam, the Netherlands, specializes in the development and manufacturing of High-Throughput Scanning Probe Metrology systems. These systems are designed for metrology applications in the production of advanced integrated circuits, playing a crucial role in process control within the semiconductor industry. The company's innovative solutions aim to enhance the accuracy and efficiency of measuring critical parameters in integrated circuit manufacturing.

Onera B.V.

Series B in 2021
Onera B.V. specializes in sleep diagnostic solutions and services, addressing various sleep disorders such as insomnia, sleep apnea, and narcolepsy. Founded in 2017 and based in Eindhoven, the Netherlands, the company utilizes innovative sleep diagnostic patch systems that collect and analyze sleep data to enhance the diagnosis of these conditions. As a spin-off of imec, a leading research center in nanoelectronics and digital technology, Onera aims to advance sleep medicine and improve the quality of life for individuals struggling with sleep-related ailments. By providing accurate, comfortable, and user-friendly diagnostic solutions, Onera seeks to deliver critical insights to millions who face undiagnosed sleep disorders.

Nearfield Instruments

Series B in 2021
Nearfield Instruments B.V., founded in 2016 and located in Rotterdam, the Netherlands, specializes in the development and manufacturing of High-Throughput Scanning Probe Metrology systems. These systems are designed for metrology applications in the production of advanced integrated circuits, playing a crucial role in process control within the semiconductor industry. The company's innovative solutions aim to enhance the accuracy and efficiency of measuring critical parameters in integrated circuit manufacturing.

Microsure

Series B in 2021
Microsure B.V., founded in 2016 and based in Son, Netherlands, specializes in the development of advanced robotic systems for microsurgery. The company's flagship product, MUSA, is designed to assist surgeons in performing intricate procedures, including lymphatic surgery, free flap surgery, and hand surgery. The Microsure motion stabilizer system enhances surgical precision and control, addressing the physical limitations faced by microsurgeons. This technology aims to improve the quality of microsurgical procedures, thus expanding treatment options for patients. The system has demonstrated its efficacy in clinical trials, successfully facilitating microsurgical operations for lymphedema at Maastricht UMC+. Microsure is focused on accelerating the market introduction and sales of its innovative surgical systems.

EFFECT Photonics

Series C in 2021
EFFECT Photonics B.V., a spin-out from the Technical University of Eindhoven, specializes in the design and development of optical components utilizing multichannel Photonic Integrated Circuits (PICs) made from Indium Phosphide. The company focuses on applications in mobile networks and data centers. Headquartered in Eindhoven, The Netherlands, EFFECT Photonics also has research and development facilities in South West UK and collaborates with sales partners globally to enhance its market reach and technological impact.

Axign

Venture Round in 2021
Axign is a fabless chip supplier serving the worldwide audio markets in consumer and professional audio. Its first product is a breakthrough audio controller chip, that combines benchmark performance with a low bill of materials for audio system manufacturers. The chip is specially suited for active speaker systems in streaming audio devices.

Aito

Series D in 2020
Aito BV, founded in 2005 and based in Zaanstad, the Netherlands, specializes in developing and manufacturing advanced touch solutions for various applications. The company creates interactive user interfaces that incorporate buttons, touch pads, and screens, utilizing materials like stainless steel, aluminum, wood, and polycarbonate. Aito's product range includes touch demos, complete switching units, touch water taps, and control units designed for consumer electronics such as smartphones and car infotainment systems. The company is recognized for its patented touch and haptic feedback technology, which enhances user experience. With engineering and research offices in the Netherlands and Finland, and licensed manufacturing facilities in Singapore and China, Aito serves a global clientele through its sales and application team located in Amsterdam. Aito operates as a subsidiary of d-Switch BV.

SMART Photonics

Series C in 2020
SMART Photonics specializes in the development and production of integrated photonic chips that utilize light for data transmission, enhancing speed and bandwidth while lowering energy consumption. The company provides a versatile portfolio that includes easy access to Multi-Project Wafer runs, facilitating low-cost and rapid prototyping of photonic integrated circuits. Additionally, SMART Photonics offers engineering services tailored to meet specific customer requirements, along with production development for volume manufacturing of customized products. By focusing on these innovative processes, the company aims to support advancements in various sectors, such as healthcare and mobility, enabling clients to efficiently manage and transmit large volumes of data.

Tempress

Funding Round in 2020
As of January 28, 2020, operates as a subsidiary of Stichting Continuiteit Tempress.

Revyve

Seed Round in 2020
FUMI Ingredients B.V. produces novel proteins and ingredients from naturally occurring microorganisms. The company develops novel proteins for high- value applications, such as foams, emulsions, and gels. The company replaces ingredients (such as egg whites) that carry heavy carbon footprint. The company's technology is based on a tailor-made sequence of unit operations through which a vegan alternative to egg-whites is produced. FUMI Ingredients B.V. was founded in 2019 and is headquartered in Wageningen, the Netherlands.

ATO-GEAR

Funding Round in 2020
ATO-GEAR develop wearable technologies for health and sports applications centered around the belief that better exercise means a better life. Their heritage of research and patent portfolio span multiple domains and technology positions, but they have a keen initial focus on the running market. Their first product ARION brings the coaching experience to the world of wearables. Pressure sensitive insoles slip into your existing running shoes and connect you to your running technique in a way that has never been possible before. Every runner has goals and dreams, and adjusting your running technique can help you achieve them. ARION allows you to take control and rebuild your own running technique to achieve your goals, to improve your performance, to reduce your injury risk and ultimately to unleash your inner athlete.

Nearfield Instruments

Series B in 2019
Nearfield Instruments B.V., founded in 2016 and located in Rotterdam, the Netherlands, specializes in the development and manufacturing of High-Throughput Scanning Probe Metrology systems. These systems are designed for metrology applications in the production of advanced integrated circuits, playing a crucial role in process control within the semiconductor industry. The company's innovative solutions aim to enhance the accuracy and efficiency of measuring critical parameters in integrated circuit manufacturing.

Smart Robotics

Series B in 2019
Smart Robotics is a Dutch company operating in software and rental services for robotics.

Morphotonics

Funding Round in 2019
Morphotonics B.V. develops, constructs, optimizes, and sells roll-to-plate nano-imprinting equipment. It offers UV-nanoimprint equipment, imprint machines, imprint stamps, modules, components, consumables, imprint materials, nanoimprint resins, and integrated processes. The company’s products are used in displays, solar panels, lighting, large area surface texturizing, and other applications. Morphotonics B.V. was founded in 2014 and is based in Veldhoven, the Netherlands.

IamFluidics

Seed Round in 2018
Developer of an in-air microfluidics production technology designed to revolutionize microparticle production. The company's technology uses a widespread industrial and clinical application of microfluidics and offers production many times more than existing chip-based technologies to produce monodisperse droplets, particles, and fibers with controlled shape and size, enabling clients to reach maximum accuracy in a production rate of unprecedented scale.

EFFECT Photonics

Series B in 2018
EFFECT Photonics B.V., a spin-out from the Technical University of Eindhoven, specializes in the design and development of optical components utilizing multichannel Photonic Integrated Circuits (PICs) made from Indium Phosphide. The company focuses on applications in mobile networks and data centers. Headquartered in Eindhoven, The Netherlands, EFFECT Photonics also has research and development facilities in South West UK and collaborates with sales partners globally to enhance its market reach and technological impact.

A-Mansia Biotech

Seed Round in 2018
A-Mansia Biotech is a developer of products based on the properties of the Akkermansia muciniphila (A. muciniphila) bacterium. The company's nutritional supplement based on a gut bacterium called Akkermansia, the population of microorganisms housed in the gastrointestinal tract. A. muciniphila is located in the mucus layer covering the intestinal epithelium, which allows the bacterium to establish a close cross-talk with the host.

Aito

Series C in 2018
Aito BV, founded in 2005 and based in Zaanstad, the Netherlands, specializes in developing and manufacturing advanced touch solutions for various applications. The company creates interactive user interfaces that incorporate buttons, touch pads, and screens, utilizing materials like stainless steel, aluminum, wood, and polycarbonate. Aito's product range includes touch demos, complete switching units, touch water taps, and control units designed for consumer electronics such as smartphones and car infotainment systems. The company is recognized for its patented touch and haptic feedback technology, which enhances user experience. With engineering and research offices in the Netherlands and Finland, and licensed manufacturing facilities in Singapore and China, Aito serves a global clientele through its sales and application team located in Amsterdam. Aito operates as a subsidiary of d-Switch BV.

Microsure

Venture Round in 2018
Microsure B.V., founded in 2016 and based in Son, Netherlands, specializes in the development of advanced robotic systems for microsurgery. The company's flagship product, MUSA, is designed to assist surgeons in performing intricate procedures, including lymphatic surgery, free flap surgery, and hand surgery. The Microsure motion stabilizer system enhances surgical precision and control, addressing the physical limitations faced by microsurgeons. This technology aims to improve the quality of microsurgical procedures, thus expanding treatment options for patients. The system has demonstrated its efficacy in clinical trials, successfully facilitating microsurgical operations for lymphedema at Maastricht UMC+. Microsure is focused on accelerating the market introduction and sales of its innovative surgical systems.

Axign

Venture Round in 2018
Axign is a fabless chip supplier serving the worldwide audio markets in consumer and professional audio. Its first product is a breakthrough audio controller chip, that combines benchmark performance with a low bill of materials for audio system manufacturers. The chip is specially suited for active speaker systems in streaming audio devices.

Arkitech

Seed Round in 2018
HVAC Energy savings

i-Optics

Series A in 2018
i-Optics is a medical device company based in The Hague, Netherlands, specializing in advanced corneal diagnostic solutions. Founded in 2006, it focuses on empowering cataract surgeons by providing a comprehensive suite of examinations necessary for toric, multifocal, and extended depth of focus intraocular lens implantation. Its technology includes corneal topography, posterior corneal analysis, mesopic and photopic pupillometry, and full-color photography, all designed to enhance the understanding of corneal properties. By employing innovative techniques such as ray tracing and a unique LED positioning system, i-Optics aims to improve surgical outcomes and increase the volume of premium patient care.

Solynta

Series B in 2017
Solynta is a breeding and biotechnology company based in Wageningen, the Netherlands – the home town of one of the leading agricultural research institutions in the world. The company develops and applies new breeding technologies to convert potatoes into a hybrid crop. Hybrid potato varieties with superior traits and performance are being generated at a speed that is vastly greater than what can be achieved by traditional breeding. In addition, hybrid potatoes will allow sexual seed propagation, greatly enhancing the speed of product developments and providing tremendous logistical and phytosanitary advantages to the potato industry.

Luxexcel

Series C in 2017
LUXeXceL Group B.V. develops 3D printing technology to print ophthalmic lenses. It manufactures ophthalmic lenses which includes design custom, create aspheric lens design, lenses with slab-off, specialty lenses, and bas curve for lenses. The company also provides optics design, optical prototyping, small series production, and large-scale manufacturing services. It serves customers ranging from small companies to large-scale OEM partners in various markets. The company was founded in 2009 and is based in Eindhoven, the Netherlands.

Nearfield Instruments

Series A in 2017
Nearfield Instruments B.V., founded in 2016 and located in Rotterdam, the Netherlands, specializes in the development and manufacturing of High-Throughput Scanning Probe Metrology systems. These systems are designed for metrology applications in the production of advanced integrated circuits, playing a crucial role in process control within the semiconductor industry. The company's innovative solutions aim to enhance the accuracy and efficiency of measuring critical parameters in integrated circuit manufacturing.

Undagrid

Series A in 2017
Undagrid B.V. operates a cloud-based platform to connect devices with each other and the Internet. Its solutions are used to locate baggage carts and cargo trailers at airport aprons; provide temperature, humidity, and irrigation information in greenhouses and farmer fields; and supplies landlords of apartment blocks with boilers, heating ventilation, and air-conditioning statuses. The company was founded in 2014 and is headquartered in Zeist, the Netherlands.