# PE firms based in Netherlands (2026 list)

> 286 PE firms based in Netherlands, 3% active in the last 12 months. Led by Forbion Capital Partners, EQT life science, Gilde Healthcare.

Source: https://millionrounds.com/lists/pe-firms-based-in-netherlands (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# PE firms based in Netherlands

Updated 7 November 2026

PE firms headquartered in Netherlands.

[See all 286 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-netherlands)The top 25

**286** investors on the list No change this week

**37** cheques in 12 months *+2%* against the market

**$13M** median round they joined *+63%* against the market median

**3%** wrote a cheque in 12 months

**5%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (5)

- 1 [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) *Deploying now* Private equity · Netherlands **134** **$88M** median round **Oct 2026** last seen
- 2 [EQT life science](https://millionrounds.com/fund/lsp-bioventures) quiet Private equity · Netherlands **66** **$16M** median round **Aug 2015** last seen
- 3 [Gilde Healthcare](https://millionrounds.com/fund/gilde-healthcare) *Deploying now* Private equity · Netherlands **56** **$37M** median round **Jun 2026** last seen
- 4 [HPE Growth](https://millionrounds.com/fund/hpe-growth) quiet Private equity · Netherlands **18** **$36M** median round **Oct 2019** last seen
- 5 [Invest-NL](https://millionrounds.com/fund/invest-nl) *Deploying now* Private equity · Netherlands **16** **$35M** median round **Nov 2026** last seen
- 6 [Technology Venture Partners](https://millionrounds.com/fund/technology-venture-partners) quiet Growth equity · Netherlands **14** **$5.8M** median round **Jun 2019** last seen
- 7 [AAC Capital Partners](https://millionrounds.com/fund/aac-capital) quiet Private equity · Netherlands **11** **$1.1M** median round **Feb 2025** last seen
- 8 [Robeco](https://millionrounds.com/fund/robeco) quiet Private equity · Netherlands **10** **$20M** median round **Jul 2013** last seen
- 9 [LSP](https://millionrounds.com/fund/lsp) quiet Growth equity · Netherlands **10** **$57M** median round **Oct 2019** last seen
- 10 [Goodwell Investments](https://millionrounds.com/fund/goodwell-investments) *Deploying now* Private equity · Netherlands **8** **$3M** median round **Oct 2026** last seen
- 11 [PPM Oost NV](https://millionrounds.com/fund/participatiemaatschappij-oost-nederland-nv) quiet Growth equity · Netherlands **8** **$6M** median round **Sept 2013** last seen
- 12 [Rabo Ventures](https://millionrounds.com/fund/rabo-ventures) quiet Growth equity · Netherlands **7** **$5.7M** median round **Nov 2014** last seen
- 13 [Gilde IT Fund](https://millionrounds.com/fund/gilde-it-fund) quiet Private equity · Netherlands **7** **$12M** median round **Jun 2009** last seen
- 14 [PayU](https://millionrounds.com/fund/payu) quiet Growth equity · Netherlands **6** **$20M** median round **Oct 2019** last seen
- 15 [DHG Communications Network BV](https://millionrounds.com/fund/dhg-communications-network-bv) quiet Private equity · Netherlands **5** **$1.8M** median round **Jan 2014** last seen
- 16 [Main Capital Partners](https://millionrounds.com/fund/main-capital-partners) quiet Private equity · Netherlands **5** **$5M** median round **Sept 2010** last seen
- 17 [Spinnaker Capital](https://millionrounds.com/fund/spinnaker-capital) dormant Growth equity · Netherlands **5** **$26M** median round **Oct 2019** last seen
- 18 [Biotech Turnaround Fund (BTF)](https://millionrounds.com/fund/biotech-turnaround-fund-btf) quiet Growth equity · Netherlands **5** **$27M** median round **Jan 2008** last seen
- 19 [Carlyle AlpInvest](https://millionrounds.com/fund/carlyle-alpinvest) *Deploying now* Growth equity · Netherlands **4** **$176M** median round **Dec 2025** last seen
- 20 [De Hoge Dennen Capital](https://millionrounds.com/fund/de-hoge-dennen-cap) quiet Private equity · Netherlands **4** **$28M** median round **Jun 2014** last seen
- 21 [Pontifax](https://millionrounds.com/fund/pontifax) quiet Growth equity · Netherlands **4** **$85M** median round **Sept 2021** last seen
- 22 [Eneco Ventures](https://millionrounds.com/fund/eneco-ventures) quiet Growth equity · Netherlands **3** **$13M** median round **Sept 2025** last seen
- 23 [Waterland Private Equity](https://millionrounds.com/fund/waterland-private-equity-investments) quiet Private equity · Netherlands **3** **$45M** median round **Jun 2015** last seen
- 24 [5 Square](https://millionrounds.com/fund/5-square) quiet Private equity · Netherlands **2** **$9.5M** median round **Nov 2018** last seen
- 25 [Axivate Capital](https://millionrounds.com/fund/axivate-capital) quiet Private equity · Netherlands **2** **$1.5M** median round **Aug 2015** last seen

**261 more on this list**

All 286 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-netherlands)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[VÆRIDION](https://millionrounds.com/company/v-ridion)** Series A · $34M *Led by* [Invest-NL](https://millionrounds.com/fund/invest-nl)
- **15** Oct **[OMass Therapeutics](https://millionrounds.com/company/omass-therapeutics)** Series C · $310M *Led by* [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners)
- **9** Oct **[East Africa Foods](https://millionrounds.com/company/east-africa-foods)** Series B · $40M *With* [Goodwell Investments](https://millionrounds.com/fund/goodwell-investments)
- **21** Sept **[Morphotonics](https://millionrounds.com/company/morphotonics)** Series B · $46M *With* [Invest-NL](https://millionrounds.com/fund/invest-nl)
- **1** Sept **[Solstice Oncology](https://millionrounds.com/company/solstice-oncology)** Series A · $225M *With* [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners)
- **1** Sept **[Sling Therapeutics](https://millionrounds.com/company/sling-therapeutics)** Series C · $123M *With* [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners)

## Stages This Year

37 rounds

- Series A **27%**
- Other **19%**
- Series C **16%**
- Series B **16%**
- Venture **11%**
- Other **11%**

## What They Backed

Sectors, last 12 months

- Biotech **15**
- Pharma **6**
- AI **4**
- Healthcare **4**
- Medical Devices **4**
- Agtech **3**

## Cheques by Quarter

Led Joined

7 Q1 25

12 Q2 25

9 Q3 25

13 Q4 25

12 Q1 26

7 Q2 26

9 Q3 26

3 Q4 26

The last bar is the quarter still running.

## Lists Like This

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- [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom)
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- [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany)
- [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom)
- [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about PE firms based in Netherlands

### Who are the most active PE firms based in Netherlands?

By cheques observed, the most active are Forbion Capital Partners, EQT life science, Gilde Healthcare, HPE Growth and Invest-NL.

### How many PE firms based in Netherlands are there?

286 are on record. 3% made an investment in the last 12 months and 5% have led a round.

### Which stages do PE firms based in Netherlands back?

Of the rounds with a named stage in the last 12 months, mostly Series A (42%) and Series C (25%).

### How big are the rounds PE firms based in Netherlands join?

The typical (median) round among the leading investors here is $20M.

### Which sectors do PE firms based in Netherlands back most?

In the last 12 months, mostly Biotech, Pharma and AI.

### Which PE firms based in Netherlands lead the most rounds?

Forbion Capital Partners (10 led), LSP (5 led) and Invest-NL (3 led).

### What have PE firms based in Netherlands invested in recently?

Recent rounds include VÆRIDION (Series A, Nov 2026, with Invest-NL), OMass Therapeutics (Series C, Oct 2026, with Forbion Capital Partners) and East Africa Foods (Series B, Oct 2026, with Goodwell Investments).

### How is this list of PE firms based in Netherlands ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
