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.
NLC Health Ventures is a Netherlands-based venture capital firm founded in 2015, specializing in healthcare innovation. Headquartered in Amsterdam, the firm focuses on investing in digital health, medical technology (MedTech), and biotechnology companies across Europe. NLC Health Ventures operates with a mission to transform patient lives through innovative health technologies, bridging the gap between scientific discoveries and market-ready solutions.
Currently, NLC Health Ventures manages a diverse portfolio of over 100 healthcare startups and has a commitment to building approximately 25 new ventures annually. The firm emphasizes shared learnings and resources across its portfolio to enhance venture success. Their investment strategy includes check sizes ranging from $500,000 to $5 million, primarily targeting seed and Series A stages.
NLC Health Ventures invests in a variety of sectors within the healthcare industry, including biotechnology, digital health, medical devices, and healthcare. The firm is particularly interested in digital health solutions that improve care delivery, MedTech devices and diagnostics, and biotech companies with a clear clinical pathway. Additionally, NLC focuses on health data and AI applications in clinical settings.
The firm operates multiple funds, including the NLC Health Impact Fund, which targets early-stage innovations in healthcare across Europe and the United States. NLC Health Ventures seeks to partner with founders who are dedicated to addressing unmet medical needs and improving patient outcomes through their innovative solutions.
NLC Health Ventures has built a diverse portfolio of over 70 ventures, with a strong emphasis on digital health and MedTech. Notable portfolio companies include:
In addition to these companies, NLC Health Ventures actively engages in venture building, creating new health companies from innovative ideas.
Bert-Arjan Millenaar: Founder & CEO of NLC Health Ventures, with extensive experience in healthcare innovation and venture capital.
Ruben Mikkers: CFO, responsible for financial strategy and operations within the firm.
Linda Pullan: Supervisory Board Member, contributing her expertise in business development and healthcare.
Rob ten Hoedt: Chairman of the Supervisory Board, providing leadership and strategic direction.
Kathrin Ballesteros: Venture Partner, specializing in healthcare investments and venture building.
Startups interested in pitching to NLC Health Ventures should submit their proposals through their website at nlchealthventures.com. It is important to include a comprehensive deck that outlines the business model, team, and technology. NLC typically responds within a few weeks, and warm introductions are preferred but not mandatory.
NLC Health Ventures operates the NLC Health Impact Fund, a €34.4 million fund focused on early-stage healthcare innovations. This fund aims to support startups that are developing transformative health technologies. Additionally, the firm runs the Stepping Stone Fund, which is designed to assist 40 promising healthtech startups in their growth and development.
On October 1, 2025, NLC Health Ventures made its latest investment, continuing its active engagement in the healthcare sector. Over the past year, the firm has completed 8 investments, further expanding its portfolio of innovative healthcare startups.
Q?
What are the investment criteria for NLC Health Ventures?
A: NLC Health Ventures focuses on early-stage investments in healthcare, specifically in digital health, MedTech, and biotech sectors. They look for companies that address unmet medical needs and have a clear clinical pathway.
Q?
How can startups apply or pitch to NLC Health Ventures?
A: Startups can pitch to NLC Health Ventures through their website at nlchealthventures.com. It is advisable to include a detailed business plan and information on the team and technology.
Q?
What makes NLC Health Ventures different from other VC firms?
A: NLC Health Ventures combines venture capital investment with venture building capabilities, providing extensive support and resources to healthcare startups, including clinical validation and access to a European healthcare regulatory network.
Q?
What is the geographic scope of NLC Health Ventures?
A: NLC Health Ventures primarily invests in healthcare startups across Europe, with a specific emphasis on the Netherlands.
Q?
What is the typical check size for investments?
A: NLC Health Ventures typically invests between $500,000 and $5 million in their portfolio companies.
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.