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The Venture Codex

TTT Smart Industries Fund

Hallenweg 19, Enschede, Overijssel, 7522NH, The Netherlands

Overview

The TTT program assists researchers in bringing their research ideas to the next level, validating them, and establishing a profitable spin-off. TTT promotes, assist, and expedite the development of prospective spin-off firms by combining the skills of the four Dutch technical universities with those of TNO

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
1
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Investment portfolio

  • Foamlab

    Participated · Equity · Apr 2026

    Founded in 2024 and originating from research at Delft University of Technology’s Faculty of Industrial Design Engineering, Foamlab develops a class of foams made from bacterial cellulose produced through fermentation. The company says its materials range from soft, textile-like sheets to rigid structural foams and are bio-based and compostable. Foamlab highlights control over nanoscale structure via microbial biofabrication to tune mechanical, acoustic, and aesthetic properties. Founders include CEO Jeroen van Rotterdam and Scientific Advisor Professor Elvin Karana. Current plans supported by the recent financing include building a pilot plant, scaling production, serving early customers, and accelerating commercial rollout. The company targets applications across construction insulation, furniture, fashion, and packaging as alternatives to fossil- and mineral-based foams.

Team