Dutch PhotonVentures, a deep tech venture capital firm, has secured €5 million for its fund, which focuses on the photonics industry in the Netherlands. The investment was provided by Invest-NL and a group of new private investors.
- Founded in 2023 by Ewit Roos, Pieter Klinkert, and Joachim de Sterke, PhotonVentures is a deep tech VC firm specializing in investments in photonics startups across the Netherlands and Europe, with a focus on integrated photonics.
- The firm offers capital, access to networks, and rapid market feedback, helping high-potential companies accelerate their growth.
- With 14 investments in leading companies such as Smart Photonics and PhotonFirst, PhotonVentures leverages its in-house expertise and strategic partnership with PhotonDelta to identify and support the most promising photonics startups in Europe.
- The investment came from Invest-NL, an Amsterdam-based impact investment firm that supports innovative and sustainable entrepreneurial ventures in the Netherlands.
“Photonics is a key technology for the Netherlands and a priority in the national technology strategy. As one of the few photonics funds in Europe, PhotonVentures is a vital player in the further development of this sector. Our investment makes a significant contribution to the growth and innovation of the integrated photonics industry in the Netherlands," Investment Manager at Invest-NL, Liz Duijves, stated.
- The PhotonVentures Fund I also saw support from a group of prominent tech investors, family offices, and organizations such as the Brabant Development Agency (BOM), PhotonDelta, Oost NL, the University of Twente, and TNO. The fund, aiming for a final size of €100 million, is expected to close by the end of this year.
“We are delighted to welcome Invest-NL as a new investor in PhotonVentures. Their involvement not only reflects confidence in this specialized fund but also highlights the immense potential of integrated photonics and the crucial role it plays in technological progress in the Netherlands and beyond," General Partner at PhotonVentures, Ewit Roos, commented.
- The fresh investment strengthens the fund and emphasizes the importance of the photonics industry in the Netherlands and its global competitiveness.
