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Invest-NL

NLDeep TechClimateHealthtechBio/PharmaAI/MLOther

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Investment thesis

Invest-NL is the Dutch national financing and development institution, established in 2020, with a mandate to invest where the market hesitates. It provides patient risk capital—directly in innovative companies and indirectly via investment funds—to accelerate societal transitions across five strategic themes: Agrifood, Biobased & Circular Economy, Deep Tech, Energy, and Life Sciences & Health. The firm targets Dutch startups and scale-ups from early stage through growth, co-investing pari passu with private investors, mobilising additional capital, and resolving financing bottlenecks that prevent breakthrough technologies from reaching scale. As CEO Rinke Zonneveld has stated, 'We are not here for safe bets'—failures and high-risk bets are inherent to the mission of a national impact investor.

Notable quotes

Wij zijn er niet voor safe bets. Dat is een cultuurding waarop ik blijf hameren binnen onze organisatie. ('We are not here for safe bets. That is a cultural thing I keep hammering on within our organisation.')

Rinke Zonneveld · Quotenet.nl interview · 2024

Invest-NL needs to play an even more prominent role. I believe that the government should be less concerned with subsidies and should be more willing to embark on entrepreneurial ventures with entrepreneurs.

Rinke Zonneveld · invest-nl.nl / Hendriks and Bross podcast · 2023

To close the innovation gap with America and China somewhat, we in the Netherlands also need to invest substantially more.

Rinke Zonneveld · Impact Investor / FD · 2024

Team

Albertien Greijdanus

Senior Investment Manager

HealthtechBio/Pharma

Elisabeth Storm de Grave

Investment Principal

Deep TechClimateOther

Emma den Held

Senior Investment Manager

ClimateOther

Jeroen Junge

Senior Investment Manager

ClimateOther

Rinke Zonneveld

CEO

Deep TechClimateHealthtechOther

Victor Brands

Investment Manager, Fund Investments

Deep TechClimateHealthtechOther

Recent investments

CompanyRoundSizeDate
Nearfield InstrumentsSeries D$380m2026-06
Axelera AISeries B$250m2026-02
QuantWareSeries B$178m2026-05
RiftSeries B$132m2026-03
Mosa MeatSeries B$18m2025-12
FairphoneSeries B$56m2023-01
Battolyser SystemsSeries A$33m2023-09
Onera HealthSeries C$32m2024-01
LightyearGrowth$90m2022-07
ONWARD MedicalGrowth$48m2026-04

Frequent co-investors

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