Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Future Tech Ventures is a venture capital firm based in Groningen, Northern Netherlands, founded in 2024. The organization was established to support early-stage startups in the technology sector, particularly those focused on creating impactful solutions. Future Tech Ventures aims to transform the Northern Netherlands into a leading tech hub by providing risk capital, expertise, and connections to startups. The firm operates with a total fund size of €20 million, targeting a deployment of capital to at least 50 startups over a five-year period.
The firm is backed by a collaboration of four organizations, including Triade, RUG Ventures (the University of Groningen's venture arm), NV NOM (the regional development company), and Investeringsfonds Groningen. Notably, €10 million of the fund comes from the Just Transition Fund (JTF), an EU initiative supporting regions transitioning away from fossil fuels. This funding structure emphasizes the firm’s commitment to impact-oriented investments.
Future Tech Ventures invests in early-stage startups across various sectors, including CleanTech, HealthTech, DigitalTech, HighTech, and FutureTech. The firm provides risk capital through convertible loan agreements ranging from €50,000 to €350,000. Targeting startups at Technology Readiness Levels (TRL) 3 to 6, Future Tech Ventures focuses on companies in the proof-of-concept phase that demonstrate potential for global impact.
The organization emphasizes its commitment to supporting startups linked to the Northern Netherlands, specifically those in Groningen, Friesland, and Drenthe. Founders are expected to possess diverse expertise, global ambitions, and a proactive, results-driven approach. Future Tech Ventures seeks to align its investments with the Just Transition Fund's goals, focusing on technology that facilitates energy transition and regional diversification.
Future Tech Ventures has invested in several notable companies, including:
These companies reflect Future Tech Ventures' commitment to supporting impactful solutions in technology, particularly in sectors that address pressing global challenges.
Niek Huizenga - Fund Manager & Digital Tech. Niek has a background in digital technology investments and has led several successful funding rounds in the tech sector.
Kyra Weaver - Investment Manager & Clean Tech. Kyra specializes in clean technology investments and has experience working with startups focused on sustainable solutions.
Hilbrand van der Zee - Investment Manager & Health Tech. Hilbrand has a strong background in health technology and has been involved in various health-focused startups.
Ignacio Faustino - Investment Manager & High Tech. Ignacio brings expertise in high-tech investments and has a track record of supporting innovative tech companies.
Deepak Veeregowda - Business Developer. Deepak focuses on business development strategies for portfolio companies, helping them scale effectively.
Ronald Hesse - Business Developer. Ronald works alongside Deepak to provide operational support and strategic guidance to startups.
Daan van Oldeniel - Business Developer. Daan assists in business development efforts, ensuring that portfolio companies are well-positioned for growth.
Jaap van Barneveld - Advisory Board. Jaap provides strategic insights and guidance to the firm based on his extensive experience in the tech industry.
Stef van Grieken - Advisory Board. Stef offers advisory support, leveraging his network and expertise to benefit portfolio companies.
Annelies Wolters - Advisory Board. Annelies contributes her knowledge and experience to help shape the firm’s investment strategy.
Amber van der Schaaf - Marketing Manager. Amber oversees marketing efforts and brand positioning for Future Tech Ventures.
Kelly Kroeze - Marketing Specialist. Kelly supports marketing initiatives and helps enhance the firm’s visibility in the tech ecosystem.
Future Tech Ventures prefers pitches to be submitted through their online application portal, which can be found at this link. Founders should include a clear overview of their business model, market strategy, and the potential impact of their technology in their pitch deck. The firm values concise and well-structured presentations.
Response times may vary, but founders can expect to hear back within a few weeks after submission. Warm introductions are appreciated but not mandatory.
In 2024, Future Tech Ventures announced its launch at the Startup Festival Groningen, marking its entry into the venture capital landscape. The firm aims to support at least 50 startups over the next five years with a total fund size of €20 million.
Recently, Future Tech Ventures made a notable investment of €350,000 in IonIQs, a company specializing in efficient lithium extraction from wastewater. This investment aligns with the firm's focus on impactful technology solutions.
Future Tech Ventures has been featured in various tech publications, including Silicon Canals and TheNextWeb, highlighting its commitment to supporting startups in the Northern Netherlands.
What are Future Tech Ventures' investment criteria?
Future Tech Ventures invests in early-stage startups within CleanTech, HealthTech, DigitalTech, HighTech, and FutureTech sectors. They focus on companies at Technology Readiness Levels (TRL) 3 to 6, which are in the proof-of-concept phase and have the potential for global impact.
How can I apply or pitch to Future Tech Ventures?
Founders can submit their applications through the Future Tech Ventures website at this link. They also accept pitches via email at info@futuretechventures.nl.
What makes Future Tech Ventures different from other investors?
Future Tech Ventures is specifically focused on proof-of-concept capital for startups linked to the Northern Netherlands. Their backing from the Just Transition Fund emphasizes their commitment to impact-oriented investments in technology.
What is the typical check size for investments?
Future Tech Ventures provides funding through convertible loan agreements ranging from €50,000 to €350,000.
What kind of support do portfolio companies receive?
Future Tech Ventures offers tailored business development support aligned with the growth stages of their portfolio companies, leveraging their expertise and connections within the tech ecosystem.
What is the geographic focus of Future Tech Ventures?
The firm primarily invests in startups located in the Northern Netherlands, specifically targeting companies in Groningen, Friesland, and Drenthe.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.