InnovationQuarter

InnovationQuarter is the regional development agency for South Holland, established in 2013 and headquartered in The Hague. The agency focuses on funding innovative and rapidly growing companies while aiding foreign businesses in establishing operations within the region. It fosters collaboration among entrepreneurs, knowledge institutes, and government entities to drive innovation. Additionally, InnovationQuarter Capital offers diverse financing options, including equity investments and various types of loans, tailored for seed, early-stage, and growth companies. The agency targets investments across multiple sectors, including maritime, food, data science and artificial intelligence, biobased materials, horticulture, aerospace, life sciences, health, high-tech systems, energy, circular economy, information technology, and cybersecurity.

Martijn de Blaey

Senior Investment Manager

Hans Dreijklufft

Senior Investment Manager

Jasper Geselschap

Fund Manager

Liduina Hammer

Head of Investments and Fund Manager, IQ Capital

Rafael Koene

Co-Founder and Fund Manager ETF-R

Olivier van der Lande

Investment Manager

Angela Pellaupessy

Senior Investment Manager

Linn Bäckegren - van Ingen

Investment Manager

Past deals in Benelux

BIMINI Biotech

Seed Round in 2025
BIMINI Biotech is a pre-clinical medical startup based in Leiden, The Netherlands, founded in 2019. The company focuses on developing innovative therapeutic strategies for oncology, specifically targeting the growth hormone receptor (GHR) and its interaction with insulin-like growth factor 1 (IGF-1). By rendering the growth hormone receptor dysfunctional, BIMINI Biotech aims to reduce cellular sensitivity to growth hormone, a mechanism observed in Laron syndrome. This approach holds potential for the treatment of cancer, metabolic diseases, and aging, positioning the company as a significant player in the advancement of anti-cancer therapies.

Everox

Series A in 2024
C2CA Technology B.V., founded in 2016 and based in Utrecht, the Netherlands, specializes in innovative concrete recycling solutions. The company focuses on transforming waste concrete into sustainable building materials, effectively replacing virgin aggregates, sand, and cement. By utilizing advanced separation and quality control technologies, C2CA aims to create a circular concrete economy that mitigates significant CO2 emissions associated with traditional concrete production. Its mobile concrete recycling system not only reduces logistical challenges but also minimizes water and energy consumption in the recycling process. The company's demonstration site in Hoorn showcases its commitment to achieving 100% circular concrete and fostering a more sustainable future through eco-friendly construction practices.

Pan Cancer

Seed Round in 2024
Pan-Cancer T is a biotechnology spin-out from Erasmus MC, Rotterdam, the Netherlands dedicated to discovering and developing T cell receptor (TCR) T cell therapies. The company exploits 20 years of pioneering research in the field of adoptive T-cell therapies. This foundation serves as a springboard towards breakthrough therapies for solid tumors.

PRYME BV

Post in 2024
Pryme BV is a cleantech company dedicated to addressing the global plastic waste crisis through the conversion of non-recyclable plastic into valuable petrochemical products using low-carbon chemical recycling methods. The company employs a proven pyrolysis process, enhanced with proprietary features, to transform plastic waste into chemicals and hydrocarbons while maintaining a low carbon footprint. Pryme's first production plant is located in Rotterdam, with operations expected to commence in 2022. Following the launch of this facility, Pryme plans to expand its impact by establishing additional owned-operated plants and forming strategic partnerships to license its innovative technology, thereby promoting the circularity of plastic and contributing to sustainable waste management solutions.

CarbonX

Venture Round in 2024
CarbonX B.V., based in Amsterdam, the Netherlands, specializes in the manufacture of carbon networks and the development of innovative materials. The company focuses on creating advanced products tailored for various industries, including elastomers, automotive and aerospace thermoplastics, construction, energy, and sports and leisure thermosets. By supplying these new materials, CarbonX aims to contribute to the design and production of the next generation of high-performance materials across multiple sectors.

Spotr.ai

Series A in 2024
With an ever-growing population, climate change, and growing compliance obligations globally, real estate is eager for better solutions. Spotr.ai monitors and inspects over 250.000 buildings in the Netherlands and recently launched in the UK with 10 prominent UK housing corporations that will start inspecting their real estate portfolios with Spotr’s software solution. Spotr.ai offers a platform for banks, insurance companies, large real-estate owners, and the government to monitor building characteristics in a fast, precise, and easily accessible platform. This contributes to optimizing their client’s portfolios and activities. “It’s about knowing and understanding your portfolio.” Says Dirk Huibers, CEO at Spotr.ai. “Think of the dimensions, quantities, and conditions of buildings and their specific components. This information is crucial to make smart decisions when achieving sustainability goals. But it’s also about asking yourself the basic questions. On which buildings can you place external wall insulation? How many floors does a building have? Can you still reach that high floor with a fire truck? Are there trees close to the gutters that could cause water damage? You need accurate data to make the right decisions for your portfolio and wallet. And that data simply doesn’t exist today.” With only 8% of buildings currently being inspected every year due to budget and time constraints of building owners and facility managers, there’s much to gain. “It’s our ambition to inspect every building in the world every year,” says Huibers. “In the largest global sector in the world, a small deviation can have a major impact on maintenance costs and valuations. Our smart software can make better, faster, and cheaper budget estimations than humans alone, which makes us a reliable and trustworthy partner.”

Qualinx

Series A in 2023
Qualinx is a wireless radio company established in 2015 as a spin-off from the Technical University of Delft. The company specializes in the development of ultra-low-power radio solutions for portable devices in Internet-of-Things (IoT) applications, utilizing its innovative Digital/Discrete-Time RF (DRF) technology. This patented technology allows for the digital implementation of RF and analog components through advanced circuit, system, and architectural innovations, resulting in high-quality radios that consume minimal power and occupy a small die size. Qualinx’s products are particularly suited for various IoT standards, including Bluetooth, ZigBee, and GNSS, addressing the increasing demand for long battery life in wearable and mobile applications. With support from European funding and TU Delft, Qualinx has made significant advancements in providing CMOS radios and their associated intellectual properties, positioning itself as a key player in the low-energy consumption market.

Viktor

Series A in 2022
Viktor is a low-code application development platform designed specifically for the engineering and construction sectors. Founded in 2016 and headquartered in the Netherlands, the company offers a web-based design platform that enables seamless access and collaboration among team members, ensuring they work with the most current information. Viktor's platform centralizes and automates complex engineering calculations while tailoring the design process to meet specific customer requirements. By empowering engineers to create professional web applications without requiring extensive software engineering skills, Viktor facilitates the automation and optimization of various processes, allowing organizations to focus on standardizing and enhancing their operations.

Spotr.ai

Seed Round in 2021
With an ever-growing population, climate change, and growing compliance obligations globally, real estate is eager for better solutions. Spotr.ai monitors and inspects over 250.000 buildings in the Netherlands and recently launched in the UK with 10 prominent UK housing corporations that will start inspecting their real estate portfolios with Spotr’s software solution. Spotr.ai offers a platform for banks, insurance companies, large real-estate owners, and the government to monitor building characteristics in a fast, precise, and easily accessible platform. This contributes to optimizing their client’s portfolios and activities. “It’s about knowing and understanding your portfolio.” Says Dirk Huibers, CEO at Spotr.ai. “Think of the dimensions, quantities, and conditions of buildings and their specific components. This information is crucial to make smart decisions when achieving sustainability goals. But it’s also about asking yourself the basic questions. On which buildings can you place external wall insulation? How many floors does a building have? Can you still reach that high floor with a fire truck? Are there trees close to the gutters that could cause water damage? You need accurate data to make the right decisions for your portfolio and wallet. And that data simply doesn’t exist today.” With only 8% of buildings currently being inspected every year due to budget and time constraints of building owners and facility managers, there’s much to gain. “It’s our ambition to inspect every building in the world every year,” says Huibers. “In the largest global sector in the world, a small deviation can have a major impact on maintenance costs and valuations. Our smart software can make better, faster, and cheaper budget estimations than humans alone, which makes us a reliable and trustworthy partner.”

Viktor

Series A in 2020
Viktor is a low-code application development platform designed specifically for the engineering and construction sectors. Founded in 2016 and headquartered in the Netherlands, the company offers a web-based design platform that enables seamless access and collaboration among team members, ensuring they work with the most current information. Viktor's platform centralizes and automates complex engineering calculations while tailoring the design process to meet specific customer requirements. By empowering engineers to create professional web applications without requiring extensive software engineering skills, Viktor facilitates the automation and optimization of various processes, allowing organizations to focus on standardizing and enhancing their operations.

Pieter Pot

Seed Round in 2020
Pieter Pot BV, established in 2018 and based in Rotterdam, Netherlands, specializes in online grocery retail. The company offers a wide range of products including baked goods, confectionery, snacks, herbs, oils, vinegars, sauces, beverages, nuts, seeds, dried fruits, cereals, spreads, baking supplies, pasta, rice, noodles, personal care items, and household products. Pieter Pot stands out by providing eco-friendly packaging solutions, with a focus on eliminating single-use plastic and reducing carbon emissions through its delivery services.

Toxys

Venture Round in 2020
Toxys is a Dutch biotechnology company specializing in in vitro toxicity screening solutions that help identify hazardous and potential carcinogenic properties of novel compounds. By offering advanced technology that assesses genotoxicity and developmental toxicity, Toxys enables its customers to make informed decisions during the early phases of product and drug development. The company's innovative approach contributes to the creation of safer medicines and products while also aiming to reduce the reliance on animal testing in research and development processes.

LeQuest

Venture Round in 2019
LeQuest B.V., founded in 2011 and based in Rotterdam, the Netherlands, specializes in e-training services for the healthcare industry. The company has developed a software platform that enables healthcare professionals to receive training on the use of complex medical equipment. This platform includes several modules that digitally reproduce medical devices and their functionalities. As the healthcare sector increasingly relies on advanced medical technology, LeQuest's software assists healthcare institutions in managing staff competencies and knowledge. The platform ensures that certification, registration, and retraining for specific medical equipment are systematically addressed, enhancing the overall proficiency of healthcare professionals.

Dawn Aerospace

Seed Round in 2018
Dawn Aerospace is a company that specializes in designing and manufacturing reusable spacecraft for satellite launches. Founded in 2016 and headquartered in Delft, Netherlands, with additional facilities in Auckland, New Zealand, the company offers various vehicles, including the MK-1, MK-2, MK-3, and MK-4. Dawn Aerospace is focused on developing same-day reusable launch vehicles that can operate without specialized space-launch infrastructure, allowing them to integrate seamlessly with existing air traffic. Additionally, the company provides non-toxic propulsion systems for satellites, which replace harmful fuels like hydrazine and enhance performance for small satellites and CubeSats significantly. By creating these technologies in tandem, Dawn Aerospace aims to establish an efficient, scalable, and environmentally conscious architecture for satellite deployment and operations.

LeydenJar Technologies

Seed Round in 2018
LeydenJar Technologies B.V., founded in 2016 and based in Leiden, the Netherlands, focuses on enhancing the energy density of lithium-ion batteries through the innovation of pure silicon anodes. By replacing traditional graphite anodes with a nanoporous silicon alternative, the company significantly increases the energy density of batteries by up to 70%, achieving a performance level of 1350Wh/L. This advancement not only improves battery efficiency but also reduces costs by approximately 20% and minimizes the carbon footprint by 85%, contributing to greener energy solutions.

OXY-LOW

Series A in 2017
Oxy-Low Systems Europe B.V. is a company based in Numansdorp, the Netherlands, specializing in protective packaging and treatment solutions for tobacco products and post-harvest food commodities, including corn, rice, seeds, cocoa, and nuts. Founded in 2013, the company focuses on preserving the quality of these products through controlled atmosphere treatment installations that utilize non-toxic insect control methods. Oxy-Low also offers innovative storage logistics tailored for relief operations. The management team comprises Dutch entrepreneurs with extensive experience in Modified Atmosphere applications, positioning the company as a global partner in efficient and sustainable packaging and treatment solutions.

Airborne Technology

Series C in 2017
Airborne International is engaged in engineering, manufacturing, and supplying high-end composites structures for industries such as aerospace, defense, marine, high-end bicycles, and formula-one cars. It offers composites structures maintenance and repair services, including inspection and damage assessment, sealing and painting, and balancing. The company was founded in 1995 and is based in The Hague, the Netherlands.

Tradecloud

Venture Round in 2016
TradeCloud B.V. operates a cloud-based B2B platform tailored for small and mid-sized wholesale and production companies in the Netherlands. Founded in 2013 and based in Delft, the company provides solutions for e-commerce and supply chain integration. Its platform allows customers to check item availability, search for product details, and place orders online, while enabling suppliers to approve purchase orders, access MRP calculations, and manage pricing and delivery times. The service is offered through a Software as a Service (SaaS) model, utilizing cloud infrastructure and monthly subscriptions. TradeCloud's technology streamlines the purchasing process, facilitates shipment planning, and enhances communication between buyers and suppliers, thereby improving operational efficiency in trade and manufacturing.

Airborne Technology

Private Equity Round in 2016
Airborne International is engaged in engineering, manufacturing, and supplying high-end composites structures for industries such as aerospace, defense, marine, high-end bicycles, and formula-one cars. It offers composites structures maintenance and repair services, including inspection and damage assessment, sealing and painting, and balancing. The company was founded in 1995 and is based in The Hague, the Netherlands.

Toxys

Series A in 2016
Toxys is a Dutch biotechnology company specializing in in vitro toxicity screening solutions that help identify hazardous and potential carcinogenic properties of novel compounds. By offering advanced technology that assesses genotoxicity and developmental toxicity, Toxys enables its customers to make informed decisions during the early phases of product and drug development. The company's innovative approach contributes to the creation of safer medicines and products while also aiming to reduce the reliance on animal testing in research and development processes.

Robot Robots Company

Venture Round in 2016
Robot Robots Company (RRC) is the largest builder of service robots in the Benelux. RCC wants to realize its international ambitions and strategy through its flexible and specialized subsidiaries Robot Security Systems (RSS), Robot Care Systems (RCS), and Robot Engineered Systems (RES).

Milgro

Venture Round in 2015
Milgro is an independent solution provider based in Rotterdam, the Netherlands, specializing in waste and raw materials management. Founded in 1993, the company focuses on enabling businesses to transition from traditional consumption of raw materials to a more sustainable approach that aligns with circular economy principles. Milgro offers comprehensive services that manage the entire waste process, utilizing a software platform to streamline operations efficiently. This innovative approach not only helps medium to large-sized businesses enhance the value derived from raw materials but also significantly reduces waste, promoting sustainability in the industry. Recognized as a fast-growing entity in the cleantech sector, Milgro is committed to delivering measurable benefits for people, the planet, and profit.

FiberCore Europe

Venture Round in 2015
FiberCore Europe B.V. is a manufacturer based in Rotterdam, Netherlands, specializing in fiber-reinforced composite structures for the construction and infrastructure sectors. The company leverages expertise gained from the aviation and aerospace industries to develop innovative and sustainable solutions for civil engineering. FiberCore Europe focuses on producing load-bearing structures, such as bridges and lock gates, that are made from recycled materials and require less maintenance compared to traditional concrete options. With a commitment to sustainability and durability, the company has successfully completed over 450 construction projects, including the world's largest carbon long-span bridge and the largest fiber-reinforced polymer lock gates, all marketed under the brand name InfraCore® Inside.

Barge Master

Private Equity Round in 2015
Barge Master bv is a Dutch company founded in 2009, headquartered in Capelle aan den IJssel, specializing in the development and manufacturing of motion compensation systems for offshore operations. The company offers a range of innovative products designed to enhance safety and workability in challenging marine environments, including the BM-T700 modular platform, the BM-T40 motion compensated lifting platform, and the BM-MCH motion compensated helideck platform. These systems effectively mitigate the effects of sea-induced vessel motions, facilitating safe and efficient lifting operations across various applications, such as the installation and maintenance of oil and gas platforms, wind turbines, bridges, and jetties, as well as marine cargo salvage and wreck removal. Barge Master operates internationally, with locations in Singapore, Japan, Korea, and the United States, and collaborates with leading technology partners to ensure the highest quality in its offerings. The innovative nature of Barge Master's solutions has been recognized by the European patent office and various industry specialists.

BabyBloom HealthCare

Venture Round in 2014
BabyBloom Healthcare specializes in the manufacture of advanced neonatology equipment aimed at creating a warm and safe environment for premature and vulnerable infants. The company focuses on designing its products with input from healthcare professionals, including doctors and nurses, as well as parents of incubator children. This collaborative approach ensures that their equipment not only meets medical standards but also provides a friendly and comfortable space for both babies and their caregivers. Headquartered in the Leiden BioSciencePark, a prominent hub for life and bioscience in the Netherlands, BabyBloom Healthcare is dedicated to enhancing the care and development of newborns worldwide.
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