The investment in the innovative and rapidly growing scale-up Protix is the first transaction by Invest-NL that directly contributes to the protein transition in the Agrifood sector. Kees Aarts (founder and CEO of Protix) and Rik Pantjes (Teamlead Agrifood Business Development at Invest-NL) have been working intensively together since the initial contact.
In een circulaire economie worden materialen niet meer gemaakt uit aardolie, maar uit planten. Er zijn innovatieve technologieën nodig om deze transitie te realiseren. De start-ups die dit proberen lopen vaak aan tegen financiële obstakels in de opschaling van hun technologie. De kosten van een benodigde demonstratieplant lopen hoog op (tientallen miljoenen euro’s).
After the successful first edition with Willicroft, De Nieuwe Melkboer, Grassa and Rival Foods, Invest-NL and Foodvalley NL have decided to broaden the focus in 2022. Companies that are active in the themes protein transition, circular food chain (regenerative agriculture and waste stream valorisation), smart farming and personalised nutrition can apply as of today.
Invest-NL is committed to a sustainable and innovative future for the Netherlands. One of the themes that Invest-NL focuses on is deep tech. Through our own Deep Tech Fund, we specifically invest in companies operating in key enabling technologies.
Paques Biomaterials has today completed a new funding round, raising €14 million to take the next step in producing a biopolymer that offers all the benefits of plastic without its disadvantages. National Promotional Institute Invest-NL and NOM are among the investors in this round. The capital raised in this funding round will enable the company to scale up by building its first demo plant in Emmen.
The Netherlands aims to generate 70% of its electricity from renewable sources by 2030. This will result in more fluctuation in the electricity generation/demand balance. Innovative storage and conversion technologies will therefore play an important role in that regard.<br />In consultation with various market participants, Invest-NL has arrived at the following question: how can we improve the financeability of these innovations?
Invest-NL is to invest €5 million in 4impact's second impact fund. As with the first fund, Fund II will focus on scalable software solutions with a social impact and financial returns. 4impact makes initial investments in exceptional entrepreneurs in the Seed to Series A stage across Europe, and in particular in the Benelux, Scandinavia and the German-speaking region. Oost NL is also set to invest in Fund II, which has a target size of €100 million.
The deeply ingrained linear economy often makes it challenging for circular enterprises to develop a profitable business model. Without a solid business model, circular initiatives struggle to take off. Last year, we explored this issue in practice and published an initial report. In the past few months, in collaboration with ScaleUp Practitioners and Het Groene Brein, we have delved deeper into the success factors and prerequisites of circular entrepreneurship in theory.
Invest-NL published a report titled "Scaling up biobased chemistry without factories in the Netherlands." This report sheds light on the challenges and solutions related to scaling up biobased chemistry startups in the Netherlands and emphasizes the necessity of shared facilities for the successful growth of this industry.
Today, Invest-NL announced it is investing € 10 million in Nearfield Instruments through the Deep Tech Fund, as part of a € 135 million Series C financing round. As an early investor, Invest-NL has played a significant role in the rapid growth of TNO spin-off Nearfield Instruments, a metrology and inspection scale-up in the semiconductor industry. This new investment round will enable Nearfield Instruments to further scale up. In addition to lead investors Walden Catalyst and Temasek, M&G, Innovation Industries, the Strategic Partners Fund and ING are also investing in this round.
The Netherlands is full of grass, but apart from feeding cows we do little else with it. Start-up Grassa is going to change all that. By refining grass, the Netherlands will need to import less soya from cut-down virgin rainforests, nitrogen and CO2 emissions from farms are reduced, manure surpluses are eliminated and cows get easier-to-digest fodder. With the new pilot plant, the dairy industry saves 9.5 megatons of CO2.
Entrepreneurs, after the startup and scaleup phases, often rely on private equity, debt financiers, or an acquisition through M&A advisors. However, the characteristics of companies with a circular business model do not always align well with the practices of these parties, while the entrepreneurs are insufficiently prepared for this financing phase. According to research conducted by Route Circulair on behalf of Invest-NL, financiers, policymakers, and companies with a circular business model must collaborate to make follow-on investment and financing possible. The report, titled "Closing Loops, Opening Opportunities," provides an extensive analysis of the current state of circular economy investments and identifies critical factors influencing the financeability of sustainable and innovative enterprises.
At the KIEMfeest, the official kick-off of the open test and innovation programme on Tuesday 1 June, Invest-NL signed a long-term collaboration agreement with Fascinating. The collaboration aims to accelerate the transition towards a climate-neutral, circular food system by setting up and improving collaborations, scaling up innovative solutions and developing profitable business cases.
Nearfield Instruments (NFI), the leading semiconductor scanning probe metrology equipment scale-up, today announced that it has additional funding from Invest-NL, Innovation Industries and TNO. This investment supports Nearfield Instruments to advance series production capabilities to cater the market needs and to further strengthen the company’s product portfolio. Invest-NL commits € 11M from it’s Deep Tech Fund.
Invest-NL and the Rotterdam Energy Transition Fund are jointly investing €15 million in Umincorp for the construction of a new rPET factory in Rotterdam. In this way, Umincorp (“Urban Mining Corp”) is taking the next step in the recycling of plastics from household waste streams. As fund manager of the Rotterdam Energy Transition Fund, InnovationQuarter is involved in the investment.
Following the recently published report 'Advice on structuring small-scale heat networks', Invest-NL and IN.Credible have collaborated on an in-depth analysis of which aspects the developer should focus on when applying for external financing for heat storage systems in small-scale heat networks.<br />
Invest-NL is proud to announce its contribution to the Polestar Circular Debt Fund (PCDF), which has now reached its € 240 million target. This fund, dedicated to supporting Dutch small and medium-sized enterprises (SMEs) in the circular economy, recently secured € 43 million in new investments. These investments include € 30 million from the European Investment Fund (EIF), €10 million of which comes from Invest-NL under the Dutch Alternative Credit Instrument (DACI). Additionally, Realdania and Oost NL are also contributing to the investment.
Brussels, April 17, 2024 – Invest-NL is proud to announce its membership in the Joint Initiative on Circular Economy (JICE), a collaboration of the largest national financing and development banks and institutions of the European Union, established in 2019.
The coronavirus has us in its grasp, here in the Netherlands, in Europe and throughout the world. Dutch citizens, companies and government bodies: none of us have remained unaffected. These are uncertain and unsettling times.
Innatera, the Dutch pioneer in ultra-low power neuromorphic processors, has successfully completed a €15 million Series-A funding round, co-financed by the EIC Fund as well as existing investors MIG Capital, Matterwave Ventures, and Delft Enterprises. The Invest-NL Deep Tech Fund is investing €4.8 million in this Series A round. This capital injection enables the company to accelerate scaling to mass production, expand its application offerings, and invest in its network of relationships.
Wind op zee is het powerhouse van de energietransitie in Nederland, maar hebben de ruimte en de infrastructuur die nu voor wind op zee gebruikt worden nog meer waarde?
Just 15 years ago, Europe was the undisputed leader in the development and production of photovoltaic products, such as solar cells and solar panels. However, China has now acquired a market share of as much as 75% of solar panels and 85-97% of the upstream materials (ingots, wafers, and cells) in the PV solar energy value chain.