Venture Capital

Eindhoven-based TIBO Energy, a company that manages network congestion, saves energy costs and reduces emissions with smart grid management, has secured €3M in a seed round of funding, to expand its team and venture into international markets. The investment was led by Amsterdam-based SET Ventures, with contributions from Speedinvest and TIBO Energy’s founding team members. Wij adviseerden SET Ventures bij deze investering.

Helin, an industrial edge intelligence platform, has closed a €3 million seed funding round led by FORWARD.one. The fresh capital infusion will primarily be allocated towards expanding Helin’s commercial and development teams, and further enhancing its state-of-the-art industrial edge intelligence SaaS platform. We advised FORWARD.one on this investment.

Amsterdam-based Farmless, a startup that aims to turn renewable energy and CO2 into carbon-negative food ingredients, has secured €4.8M in a seed round of funding. The investment was co-led by World Fund and Vorwerk Ventures. Farmless, which is crafting eco-friendly, functional proteins with a full amino acid profile, plans to use the proceeds for constructing a pilot protein brewery in Amsterdam. The funds will also support the development of Farmless’ fermentation platform and facilitate ongoing regulatory approval processes. We advised World Fund and Vorwerk Ventures on this investment.

Synerkine Pharma, a Dutch biopharmaceutical company creating innovative pain solutions, has closed an extension of its Series A financing led by Flerie with support from new investors, InnovationQuarter and Utrecht Health Seed Fund, and existing investor Thuja Capital. The equity financing is accompanied by a matching innovation credit from Rijksdienst voor Ondernemend (RVO) Nederland – the Netherlands Enterprise Agency. The total new proceeds of EUR 12.1 million will be used to accelerate the development of Synerkine Pharma’s lead asset SK-01, a therapeutically active cytokine fusion protein, into clinical studies in complex regional pain syndrome (CRPS), a severe chronic pain indication. We advised InnovationQuarter on this investment.

Dutch climate-tech IoT scale-up Sensorfact has raised a €25 million investment round from investors Blume Equity, FORWARD.one, Korys, and SET Ventures. Funds will fuel the expansion into new markets as Sensorfact optimises its current product suite. Sensorfact’s solution provides manufacturers the tools to monitor electricity, gas, water, and compressed air usage, optimise operations to make them more efficient and predict maintenance needs. We advised FORWARD.one, Korys and SET Ventures on this investment.

TU Delft spin-off Villari has secured a seed investment of €2.5 million by lead investor FORWARD.one and co-investors InnovationQuarter Capital and Delft Enterprises. Villari successfully developed innovative sensor technology to detect and monitor small fractures or “fatigue cracks” in steel structures. The monitoring of even the tiniest cracks is crucially important for steel assets that experience intense loads, like bridges with frequent traffic, or industrial cranes lifting heavy weights around the clock. Olym advised lead investor FORWARD.one on this investment.