# Invest-NL: portfolio, investments and team

> Invest-NL is a private equity based in Netherlands. 15 investments on record, 7 in the last 12 months, latest Sept 2026.

Source: https://millionrounds.com/fund/invest-nl (Millionrounds; every figure on the page links to its filing or article)

Netherlands · [Investor](https://millionrounds.com/investors)

# Invest-NL

Last cheque observed Sep 2026; 15 cheques on record.

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Deploying now New fund, Oct 2024 Private equity

Seed Series A Series B Financial Services

Follow Invest-NL and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Finvest-nl)

Deploying now

**70%** of best year **7** **cheques in 12 months**, 15 on record

Since the last cheque **40** days **00** hrs **00** min **00** sec

Median round **$41M** Rounds led **2 of 15** Mostly in **Netherlands, 93%**

Pitch Invest-NL

## Invest-NL highlights

- 01 7 cheques in the last 12 months
- 02 Mostly Series B and Growth: 70% of its rounds
- 03 Led 2 rounds

## What they do

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Financial Services
- **Based in:** Amsterdam, Netherlands
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **15 appearances**

- **2026** 6 rounds
- **Sept** **[Morphotonics](https://millionrounds.com/company/morphotonics)** Series B · NL · TechCrunch **$46M** With 6 others
- **Jul** **[Xeltis](https://millionrounds.com/company/xeltis)** NL · Ysios Capital **$23M** With 5 others
- **Jul** **[CuspAI](https://millionrounds.com/company/cuspai)** Series B · GB · TechStartups **$450M** With 8 others
- **Jun** **[Nearfield Instruments](https://millionrounds.com/company/nearfield-instruments)** Series D · NL · Ventureburn **$380M** With 8 others
- **Feb** **[Axelera AI](https://millionrounds.com/company/axelera-ai)** Series C · NL · TechStartups **$250M** With 9 others
- **Jan** **[Salvia](https://millionrounds.com/company/salvia)** Series B · NL · SHS Capital **$60M** With 3 others
- **2025** 7 rounds
- **Nov** **[Qorium](https://millionrounds.com/company/qorium)** Series A · NL · Silicon Canals **$25M** *Led*
- **Oct** **[DAB.bio](https://millionrounds.com/company/dab-bio)** NL · Capricorn Partners **Undisclosed** With 4 others
- **Sept** **[The Protein Brewery](https://millionrounds.com/company/the-protein-brewery)** Series B · NL · Silicon Canals **$35M** *Led*
- **Sept** **[TracXon](https://millionrounds.com/company/tracxon)** Seed · NL · Silicon Canals **$5.6M** With 4 others
- **Sept** **[ViCentra](https://millionrounds.com/company/vicentra)** Growth · NL · Silicon Canals **$85M** With 4 others
- **May** **[Salvia BioElectronics](https://millionrounds.com/company/salvia-bioelectronics)** Series B · NL · Thuja Capital **$60M** With 9 others
- **Apr** **[iwell](https://millionrounds.com/company/iwell)** Growth · NL · Silicon Canals **$31M** With 2 others
- **2023** 1 round
- **Dec** **[SolarDuck](https://millionrounds.com/company/solarduck)** NL · Firms' own news pages **$17M** With 3 others
- **2021** 1 round
- **May** **[Black Bear Carbon](https://millionrounds.com/company/black-bear-carbon)** NL · Capricorn Partners **$9.1M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

Funds they back

## 11 fund commitments on record

- **Managers:** 9

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news and an LP list.

Managers it backs most

- [Capricorn Partners 2 funds](https://millionrounds.com/fund/capricorn-partners)
- [4impact 1 fund](https://millionrounds.com/fund/4impact-capital)
- [Fresh Funds 1 fund](https://millionrounds.com/fund/fresh-funds)
- [Graduate Ventures 1 fund](https://millionrounds.com/fund/graduate-ventures)
- [PhotonVentures 1 fund](https://millionrounds.com/fund/photonventures)
- [Pymwymic 1 fund](https://millionrounds.com/fund/pymwymic)
- [SHIFT Invest 1 fund](https://millionrounds.com/fund/shift-invest)
- [TIN Capital 1 fund](https://millionrounds.com/fund/tin-capital)
- [Yield Lab Europe 1 fund](https://millionrounds.com/fund/yield-lab-europe)

Most recent commitments

- [4impact Capital Fund II](https://millionrounds.com/fund/4impact-capital)
- [Capricorn Partners Capricorn Health-tech Fund II](https://millionrounds.com/fund/capricorn-partners)
- [Capricorn Partners Capricorn Healthtech Fund II](https://millionrounds.com/fund/capricorn-partners)
- [Fresh Funds Fresh Closed SME Fund II](https://millionrounds.com/fund/fresh-funds)
- [Graduate Ventures second seed fund](https://millionrounds.com/fund/graduate-ventures)
- [PhotonVentures PhotonVentures Fund I](https://millionrounds.com/fund/photonventures)
- [Pymwymic Healthy Food Systems Impact Fund II](https://millionrounds.com/fund/pymwymic)
- [SHIFT Invest SHIFT Invest IV](https://millionrounds.com/fund/shift-invest)
- Shift
- [TIN Capital European Cyber Tech Fund V](https://millionrounds.com/fund/tin-capital)
- [Yield Lab Europe](https://millionrounds.com/fund/yield-lab-europe)

New fund on file

**Raised**

a new fund in Oct 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$41M** the round, not its cheque

Led 2 of 15 rounds **13%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Series B said *5*
- Growth said *2*
- Series D *1*
- Series A said *1*
- Seed said *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Innovation Industries](https://millionrounds.com/fund/innovation-industries) 6
- [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) 4
- [Brabant Development Agency (BOM)](https://millionrounds.com/fund/brabant-development-agency-bom) 3
- [BOM](https://millionrounds.com/fund/bom) 2
- [Brightlands Venture Partners](https://millionrounds.com/fund/brightlands-venture-partners) 2
- [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) 2

**Pitching Invest-NL?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Invest-NL. A count of rooms they were both in, not a relationship either has claimed.

[**Innovation Industries** VC firm **6** rounds together](https://millionrounds.com/fund/innovation-industries)[**EIC Accelerator** Government **4** rounds together](https://millionrounds.com/fund/eic-accelerator)[**Brabant Development Agency (BOM)** VC firm **3** rounds together](https://millionrounds.com/fund/brabant-development-agency-bom)[**BOM** VC firm **2** rounds together](https://millionrounds.com/fund/bom)[**Brightlands Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/brightlands-venture-partners)[**Capricorn Partners** VC firm **2** rounds together](https://millionrounds.com/fund/capricorn-partners)[**EIC Fund** VC firm **2** rounds together](https://millionrounds.com/fund/eic-fund)[**EQT Life Sciences** VC firm **2** rounds together](https://millionrounds.com/fund/eqt-life-sciences)[**Rabobank** Corporate VC **2** rounds together](https://millionrounds.com/fund/rabobank)[**SHS Capital** Private equity **2** rounds together](https://millionrounds.com/fund/shs-capital)

## Recently backed

The latest companies Invest-NL put money into.

[**Morphotonics** $46M · Sept 2026](https://millionrounds.com/company/morphotonics)[**CuspAI** $450M · Jul 2026](https://millionrounds.com/company/cuspai)[**Nearfield Instruments** $380M · Jun 2026](https://millionrounds.com/company/nearfield-instruments)[**Axelera AI** $250M · Feb 2026](https://millionrounds.com/company/axelera-ai)[**Qorium** $25M · Nov 2025](https://millionrounds.com/company/qorium)[**DAB.bio** Oct 2025](https://millionrounds.com/company/dab-bio)

## Quick answers about Invest-NL

### What does Invest-NL invest in?

Invest-NL invests most often at Series B and Growth (70% of the rounds on record), in sectors such as Financial Services.

### How active is Invest-NL?

15 investments on record, 7 of them in the last 12 months, and it led 2. The most recent was in Sept 2026.

### What has Invest-NL invested in recently?

Its most recent investments on record: Morphotonics (Series B, Sept 2026), Xeltis (Jul 2026) and CuspAI (Series B, Jul 2026).

### How big are Invest-NL's cheques?

The median round it joins is $41M.

### Does Invest-NL lead rounds?

Sometimes: it led 2 of its 15 investments on record (13%).

### Where does Invest-NL invest?

Most of the companies it backs are in the Netherlands (93%) and the United Kingdom (7%).

### Is Invest-NL investing now?

Yes: it is actively investing, with 7 investments in the last 12 months.

### Who does Invest-NL invest alongside?

Most often Innovation Industries (6 rounds together), EIC Accelerator (4 rounds together) and Brabant Development Agency (BOM) (3 rounds together).

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