Dutch €250M deep-tech fund launched

The ministry of Economic Affairs and Climate Change (EZK) and Invest-NL are jointly launching the Deep Tech Fund (DTF). The DTF invest in knowledge-intensive start-ups and scale-ups in sectors such as photonics, quantum technology, nanotech and high tech to strengthen the technological knowledge and international competitive position for the Netherlands. The fund’s coffers contain 250 million euros, of which 175 million is contributed by EKZ and the remaining part by Invest-NL.

“The DTF is a crucial initiative for companies in sectors such as microelectronics, photonics, quantum technology, nanotech, medical technology and high-tech materials. These are often new technologies that involve relatively large risks, both in terms of time and money. That is why the Top Sector High Tech Systems and Materials is pleased with the introduction of the DTF,” said Marc Hendrikse, executive chairman of Holland High Tech.

CEO Wouter Bos of Invest-NL added: “The opportunities in the Netherlands for industries that require long-term and high investments are still limited. That’s often caused by availability of funding. We are confident that the DTF contributes in a positive way to making capital available for these companies, so they can grow further and thus contribute to the Netherlands of tomorrow.”