# TNO Ventures: portfolio, investments and team

> TNO Ventures is a vc firm. 3 investments on record, 2 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

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

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

# TNO Ventures

Last cheque observed Jun 2026; 3 cheques on record.

Email

Deploying now VC firm

Series B Series D

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Deploying now

**67%** of best year **2** **cheques in 12 months**, 3 on record

Since the last cheque **131** days **00** hrs **00** min **00** sec

Median round **$220M** Rounds led **0 of 3** Sole investor **1 rounds**

Pitch TNO Ventures

## TNO Ventures highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series B and Series D: 100% of its rounds
- 03 Sole investor in 1 rounds, median undisclosed

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2026** 2 rounds
- **Jun** **[Nearfield Instruments](https://millionrounds.com/company/nearfield-instruments)** Series D · NL · Ventureburn **$380M** With 8 others
- **Jan** **[equal1](https://millionrounds.com/company/equal1)** Series B · US · Firms' own news pages **$60M** With 6 others
- **2025** 1 round
- **Jul** **[Fortaegis](https://millionrounds.com/company/fortaegis)** NL · Silicon Canals **Undisclosed** Sole investor

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.

Funds they back

## 1 fund commitment on record

- **Managers:** 1

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

Managers it backs most

- [SHIFT Invest 1 fund](https://millionrounds.com/fund/shift-invest)

Most recent commitments

- [SHIFT Invest SHIFT Invest IV](https://millionrounds.com/fund/shift-invest)

## The cheque

Series B Series D

Median round joined **$220M** the round, not its cheque Alone, median **-**

Led 0 of 3 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Series B *1*
- Series D *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

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## Recently backed

The latest companies TNO Ventures put money into.

[**Nearfield Instruments** $380M · Jun 2026](https://millionrounds.com/company/nearfield-instruments)[**equal1** $60M · Jan 2026](https://millionrounds.com/company/equal1)

## Quick answers about TNO Ventures

### What does TNO Ventures invest in?

TNO Ventures invests most often at Series B and Series D (100% of the rounds on record).

### How active is TNO Ventures?

3 investments on record, 2 of them in the last 12 months. The most recent was in Jun 2026.

### What has TNO Ventures invested in recently?

Its most recent investments on record: Nearfield Instruments (Series D, Jun 2026), equal1 (Series B, Jan 2026) and Fortaegis (Jul 2025).

### How big are TNO Ventures's cheques?

The median round it joins is $220M.

### Is TNO Ventures investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### What kind of investor is TNO Ventures?

TNO Ventures is a VC firm.

### Where does this information on TNO Ventures come from?

From 3 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=tno-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=tno-ventures)
