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Future Tech Ventures

NetherlandsNorthern NetherlandsClimateHealthtechAI/MLDeep TechB2B SaaSOther

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Investment thesis

Future Tech Ventures is a €20 million proof-of-concept fund investing in early-stage, high-tech startups in the Northern Netherlands (Groningen, Friesland, and Drenthe) between 2024 and 2029. The fund targets startups in the 'Second Valley of Death'—the TRL 3–6 proof-of-concept phase—across CleanTech, HealthTech, DigitalTech, and HighTech, providing convertible loans of €50,000–€350,000 on founder-friendly terms alongside business development support and network access. Co-financed by a €10 million European Just Transition Fund (JTF) subsidy, FTV aims to back at least 50 startups and envisions the Northern Netherlands as a leading global tech hub. As fund manager Niek Huizenga states: 'We invest in the proof-of-concept phase, with financing, business support, and network. We strive for these startups not only to become economically successful but also to make a lasting social impact.'

Notable quotes

Future Tech Ventures is a unique fund for the Northern Netherlands due to the collaboration of existing parties. It is a fantastic instrument to strengthen innovation power in the North. We invest in the proof-of-concept phase, with financing, business support, and network.

Niek Huizenga · Silicon Canals – launch article, September 2024 · 2024-09-19

Startups are often in a very early phase where financing is difficult to obtain and where there are still many risks in terms of technology, market, and team. That is why Future Tech Ventures offers, next to financial support, intensive guidance. From incubation, follow-up investment to exit. We strive for these startups not only to become economically successful but also to make a lasting social impact.

Niek Huizenga · Silicon Canals – launch article, September 2024 · 2024-09-19

Startups are often in a very early phase where funding is difficult to secure, and there are significant risks related to technology, market, and team.

Niek Huizenga · The Next Web – launch article, September 2024 · 2024-09-19

Team

Hilbrand van der Zee

Investment Manager & Health Tech

HealthtechBio/Pharma

Ignacio Faustino

Investment Manager & High Tech

Deep TechAI/ML

Kyra Weaver

Investment Manager & Clean Tech

ClimateDeep Tech

Niek Huizenga

Fund Manager & Digital Tech

B2B SaaSAI/MLDevtools

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