
PGGM
Noordweg Noord 150, Zeist, Utrecht, 3704 JG, Netherlands
Overview
PGGM is a non-profit cooperative pension implementation organization that provides pension management, asset management, and advisory services to its clients. The company manages the pensions for various pension funds, as well as the affiliated employers and their employees.
- Total investments
- 5
- Lead investments
- 3
- Investments · 12mo
- 3
- Active investors
- 5
Sector focus
- Asset Management
- Financial Services
- Non Profit
Investment portfolio
- Vitestro
Participated · Series B · Mar 2026
Vitestro is a Netherlands-headquartered medical-robotics company focused on automating diagnostic blood draws with its Aletta® Autonomous Robotic Phlebotomy Device™ (ARPD™). The CE-marked system combines multimodal imaging, advanced robotics, and artificial intelligence to locate veins, guide needle insertion, and collect blood with high precision and consistency. By standardizing venous access, the platform aims to alleviate staffing shortages, reduce variability, and improve patient experience in high-volume outpatient environments. Vitestro is currently deploying Aletta® in clinical and pre-commercial sites across Europe while pursuing a U.S. FDA De Novo clearance. Proceeds from its latest financing will fund next-generation product development, manufacturing scale-up, additional clinical studies, and the build-out of global commercial infrastructure.
- RIFT
Led · Series B · Mar 2026
RIFT develops an iron fuel system that uses iron as a circular energy carrier to produce high-temperature industrial heat without direct CO2 emissions. The company aims to replace fossil fuels in sectors where electrification is difficult by supplying iron fuel to industrial customers that integrate Iron Fuel Boilers. RIFT has about 75 employees and signed its first commercial contract in mid-2025 with Kingspan Unidek. The recent financing and EU Innovation Fund award are intended to fund its first commercial project and build its first commercial production facility, which the company expects to be operational in 2029. RIFT projects the initial project will generate roughly 340 GWh of industrial heat annually and about 5 TWh over 15 years while avoiding more than one million tonnes of CO2. The company plans to scale rollout of its iron fuel technology across energy-intensive industries following commercial deployment.
- Sympower
Led · Series B · Sep 2025
Sympower operates a leading energy-flexibility platform that helps balance electricity supply and demand by aggregating and optimizing distributed energy resources, including large fleets of battery energy storage systems (BESS). The company currently manages more than 2.7 GW of flexible assets and over 0.5 GW of BESS in the Nordic region, and it has recently expanded its BESS optimization services to Greece while eyeing additional European markets. Its technology enables grid operators and asset owners to monetize flexibility, accelerating the integration of renewable generation. With more than a decade of operating experience and a strong local presence in multiple countries, Sympower plans to use fresh capital to deepen BESS capabilities, pursue strategic M&A, and scale into new geographies. The firm counts several impact-focused backers, and the latest financing further underscores investor confidence in its role within Europe’s energy transition.
- Electra
Led · Series B · Jan 2024
Electra builds and operates ultra-fast EV charging stations, offering a full-stack solution that includes in-house charger operating software, a consumer app, and a fleet management platform. The company currently runs more than 500 stations comprising over 3,000 active charging points and serves 500+ commercial fleets. Electra plans to scale its footprint to 2,200 stations and 15,000 high-power charging points by 2030, focusing on dense urban areas, transit hubs, business districts, and major traffic corridors. Each site is being developed into an intelligent energy hub that can integrate battery storage and solar generation to optimise grid load and energy costs. The company participates in the Spark Alliance, giving its users access to over 11,000 compatible chargers across Europe. Since inception Electra has raised more than €1 billion, including over €600 million in equity and the newly secured green loan facility, to fund the roughly €1.1 billion of infrastructure investment required for its roadmap. Management prioritises deep market leadership in its existing nine countries over rapid geographic overextension, while remaining open to opportunistic M&A that meets strategic and cultural fit criteria.