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Innovation Industries

NLBEDEFRGBOtherDeep TechHealthtechAI/MLClimateOther

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Investment thesis

Innovation Industries is a European deep tech venture capital fund (~€900M AUM) that invests in companies with ground-breaking technologies capable of addressing the fundamental challenges of our time — including climate change, aging populations, food shortages, and energy supply. The firm focuses on three verticals: industrial technology, med-tech, and food & agri-tech, exclusively targeting companies with unique and defensible IP, large addressable markets, and strong positive impact potential. Innovation Industries takes a long-term, active ownership approach, supporting portfolio companies from early-stage (via its Early Stars Fund and TTT programs) through to growth and scale-up stages, with the ability to invest up to €150 million per company across multiple rounds. Its geographic focus is Europe, with a particular emphasis on the Benelux region and Germany.

Notable quotes

Investing in deeptech is very attractive from various perspectives. Nevertheless, deeptech companies still face significant challenges in raising capital. With our third fund, combined with the Strategic Partners Fund, we are taking an important step in addressing this issue for Dutch deeptech companies.

Nard Sintenie · https://www.innovationindustries.com/news/innovation-industries-raises-eu500-million-for-investments-in-deeptech · 2024-05-15

We are very pleased that in addition to pension funds PME and PMT, other pension funds are now also participating in our fund. We share a long-term vision with these pension funds, combining good financial returns with a contribution to the future resilience of the Dutch deeptech ecosystem. With currently around €900 million in capital under management, we will serve as a magnet for groundbreaking technologies in Europe.

Harm de Vries · https://www.innovationindustries.com/news/innovation-industries-raises-eu500-million-for-investments-in-deeptech · 2024-05-15

Our team currently operates from offices in Amsterdam and Eindhoven. Soon, we will add an office in Munich. With a solid European presence, we can identify the best technology companies and thereby strengthen the competitive position of the Netherlands.

Chris Sonnenberg · https://www.innovationindustries.com/news/innovation-industries-raises-eu500-million-for-investments-in-deeptech · 2024-05-15

Team

Caaj Greebe

Partner

HealthtechBio/PharmaOther

Chris Sonnenberg

Partner & Co-founder

Deep TechEnterpriseOther

Harm de Vries

Partner & Co-founder

Deep TechHealthtechBio/Pharma

Nard Sintenie

Partner & Co-founder

Deep TechAI/MLOther

Tom Schwarz

Partner & Co-founder

Deep TechHealthtechBio/Pharma

Vincent Kamphorst

Partner

Deep TechDevtoolsOther

Recent investments

CompanyRoundSizeDate
Nearfield InstrumentsSeries D$380m2024-06-22
Axelera AISeries B2023-01-01
Salvia BioElectronicsSeries B$53m2025-05-27
Groove QuantumSeed$18m2025-01-01
OrbemSeries A$62m2025-01-01
SandgrainSeries A$15m2025-01-01
Aphea.BioSeries B$77m2023-01-01
Onera HealthSeries A2021-01-01
SolyntaSeries A2017-01-01
LuxexcelGrowth2017-01-01

Frequent co-investors

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