Led · Series A · Feb 2021

Felyx operates an electric scooter sharing platform that provides short‑term urban mobility. Founded in 2017 and based in Amsterdam, the company has grown in the Benelux region. It plans to expand further across Europe and target new markets such as Germany and France. Felyx recently secured new capital to support that expansion. The company raised equity in a Series A to fuel its growth plans. No operating metrics were disclosed in the article. Felyx operates a free-floating shared mobility service using larger two-person electric mopeds that users rent via iOS and Android apps. Founded in 2016 and based in Amsterdam, the company charges €0.30 per minute and currently operates 108 scooters used by thousands of users. The scooters are 100% electric and powered by Dutch wind energy; in the past year they drove 430,000 km and saved 50 tons of CO2. Earlier this year felyx raised €1 million from informal investors to accelerate organizational growth. It has now secured an additional €2 million from private investors and the ABN AMRO bank. The combined €3 million will fund expansion to Rotterdam, where felyx plans to start with 324 e-scooters and begin testing next month ahead of a public launch in September.

Participated · Equity · Mar 2017

Founded in the Netherlands in 2015, Picnic operates an online grocery service that fulfills orders from local distribution hubs and delivers them with a fleet of small electric vans. The company entered Germany in 2018 and France in 2021, and now claims a two-million-customer base spread across 200 locations. Picnic positions itself as the market leader for online groceries in Germany and emphasizes the tight integration of proprietary software with its logistics operations. The firm’s current strategy is to channel fresh capital into accelerating German growth and launching in additional, as-yet-unnamed European markets. Picnic’s asset-light warehouses and electric vehicles are central to its cost efficiency and sustainability narrative. While specific revenue figures are not disclosed, the company’s scale and repeat backing from strategic investors underline investor confidence. Previous financing includes a €600 million Series D in 2022 and a €355 million round in 2023, illustrating a capital-intensive but rapidly expanding business model.

Participated · Equity · Jun 2014

Avantium is an Amsterdam-based company specialising in sustainable chemistry technologies. It focuses on developing and commercialising technologies aimed at sustainability within the chemical industry. The company launched a €65M capital increase through a fully committed and underwritten rights offering. The financing is intended to extend Avantium's financial runway until it reaches EBITDA break-even in 2027. The rights offering is structured as a fully underwritten equity raise to secure operations through that break-even target. The article does not disclose participating investors or prior funding rounds. Avantium develops renewable and circular polymer materials. The company is Dutch and based in Amsterdam. It recently secured €10M and has reached a conditional agreement with its lenders to extend and amend its existing Senior Debt Financing Agreement. Avantium is planning an equity raise scheduled for September 2025. The near-term financing activity centers on amendments to its senior debt and a forthcoming equity round. No other financial metrics or investor names were disclosed in the article. Avantium is an Amsterdam-based innovative chemical technology company advancing the YXY technology to produce 100% biobased packaging material PEF (polyethylenefuranoate). Its core product is PEF, described as a next-generation plastic with superior performance. The company intends to commercialize the YXY technology and roll out a reference plant with capacity of up to 50,000 metric tons per year in Antwerp, Belgium. Avantium has signed a letter of intent with BASF to establish a joint venture for production and marketing of the renewable chemical building block FDCA and for marketing of PEF. That joint venture intends to use the YXY process technology and subsequently license the technology for industrial-scale applications. Avantium is led by CEO Tom van Aken and recently closed a financing to support commercialization efforts. Avantium develops and commercializes YXY, a technology platform that catalytically converts plant-based materials into biobased chemicals and bioplastics such as PEF. PEF is a novel 100% biobased polyester with enhanced barrier, thermal and mechanical properties over existing packaging materials. The company supplies its technology development partners with PEF manufactured from material produced at its pilot plant in Geleen. Avantium closed a €36m financing round to support its development. It intends to use the funds to advance PEF, complete industrial validation and finalize the engineering and design of its first commercial-scale plant. The company is planning a 50,000-ton commercial plant projected to be operational in 2017 to enable the full commercial launch of the first PEF bottles to consumers. Avantium produces catalytic-derived furanics — bio-materials made from sugars or non-food carbohydrate sources — that serve as chemical building blocks for industrial plastics, textiles and fuels. The company is developing a 100 percent plant-based, fully recyclable polyester and aims to make it cost-competitive with petroleum-based equivalents. Avantium uses a catalytic process to convert carbohydrates into furanics that can replace petroleum-derived feedstocks. The new funding is earmarked in part to complete and begin operating a production plant in Geleen, the Netherlands, which had been expected to be operational earlier. Financially, Avantium raised EUR 30 million (about $43.9 million), including a EUR 25 million financing tranche plus a EUR 5 million subsidy/innovation credit from the Dutch Ministry of Economy, Agriculture and Innovation. Part of the round was also used to buy out shares held by several prior investors.

Led · Equity · Jan 2014

Eyefreight develops a Transportation Management System (TMS) delivered as SaaS to streamline complex, worldwide transportation operations by providing central coordination and data visibility. Founded in 2008 and led by CEO Ken Fleming, the company serves customers including Tata Steel, Levi’s, Mango, Campari and Heineken. Its core product focuses on improving efficiency and oversight across global logistics networks. The company raised €9m and plans to use the funds to enhance its SaaS product and expand operations into North America. Planned expansion includes establishing a U.S. headquarters in Evanston, Illinois and recruiting business development and sales teams. Following the U.S. office opening, Ken Fleming will remain based at Eyefreight’s global headquarters in Utrecht to oversee the expansion and strategic hiring. Eyefreight, based in Bunnik, The Netherlands, provides a web-based freight management application offering local and global footprint calculations and reporting. The platform automatically calculates emissions (CO2, NOx, SOx, Particulate Matter) per freight unit shipped. Emission data is supplied by carriers for each transport lane and includes fuel consumption, average load factors, detouring, and fleet composition. The company plans to use the new capital to further penetrate the European market and expand internationally. The investment was secured from clean energy private equity firm Global Cleantech Capital; the amount and instrument were not disclosed. The company is led by CEO Wouter Lammerse.

Participated · Equity · Nov 2010

i-Optics is a The Hague–based company focused on development and marketing of highly innovative retina and cornea imaging systems. Its first product, the EasyScan retinal imaging system, is designed for screening and early diagnosis of diabetic retinopathy and other eye diseases such as AMD and glaucoma. The company plans to launch EasyScan in key European markets in early 2010 and to prepare for further international expansion into the US and emerging markets in the second half of the following year. i-Optics has a broader pipeline including the Cassini corneal topographer, based on color‑coded topography, which is intended to improve diagnosis for contact lens fitting, corneal transplant and LASIK surgery and is planned for launch in 2011. Founded in 2003, the company recently closed a €4.2m third financing round. The new capital and leadership changes are intended to support these product launches and international expansion.