Goed gevuld fonds Innovation Industries stimuleert deeptech in Oost-Nederland

Het Nederlandse deeptech-fonds Innovation Industries heeft begin dit jaar al 200 miljoen euro opgehaald voor hun derde fonds om te investeren in jonge deeptech-bedrijven. De streefgrootte van het fonds is 300 miljoen euro. Eén van de fondsen die hieraan bij heeft gedragen, is Perspectieffonds Gelderland (PFG.) Het is de eerste fonds-in-fondsinvestering van PFG. Harm de Vries van Innovation Industries en Freek Welling,…

Axelera AI Raises $50M to Democratize Edge AI

Axelera AI, the provider of world’s most powerful and advanced solutions for AI at the Edge, announces new investors who have joined their oversubscribed Series A round, bringing the total amount raised to $50 million. In the last several months, CDP Venture Capital, Verve Ventures and Fractionelera have joined the round. The latter consortium of investors was created specifically to fund Axelera AI. Innovation…

EFFECT Photonics Secures $40 Million in Additional Funding

EFFECT Photonics, a leading developer of highly integrated optical solutions, has secured an additional $40 million in funding from a group of investors led by Invest-NL  and Innovation Industries, along with other existing investors. Read more [Source: effectphotonics.com]

Groundbreaking AI computational power

Axelera AI is a designer of world’s most efficient and advanced solutions for AI at the edge. The closing of this investment round comes just a few months after the announcement of the Thetis Core testbench chip, which achieved groundbreaking AI computational power. The funding will support the launch and mass production of Axelera AI’s first-generation AI accelerated platform, as well…

Phosphoenix is making blind people see

We gladly announce our third investment via the Thematic Technology Transfer Medtech fund, in a joint financing round with the FIRST fund managed by BGV (BioGeneration Ventures) and Innovatiefonds Noord-Holland. The new funding will support Phosphoenix (www.phosphoenix.nl), a medical technology spin-off from the Nederlands Herseninstituut. Read more

Seed investment in Cellcius

We’re excited to announce our seed investment in Cellcius! Their heat battery technology makes it possible to store energy in the form of heat and then use it independently of time and place. All of this in a safe , reliable way – using the…

Pharrowtech raises €15 million in series a funding to develop world’s first viable wireless alternative for optical fiber

Pharrowtech, a leader in the design and development of millimeter wave (mmWave) hardware and software for next-generation wireless applications, today announces the closure of its €15 million Series A funding round to continue developing next-generation 60 GHz wireless RF transceivers and antenna technology. This investment round was led by Innovation Industries, a highly reputed deep tech investor based in the…