In an effort to create affordable and sustainable production, a new Northern Dutch consortium, is going to develop an innovative and far more sustainable method to drastically reduce the production cost of thermoplastic composites. The project, called Luxovius, is financially backed by SNN and the Groningen and Drenthe provincial governments, with a sum of €3.5 million. The project should also create 25 new jobs.
Thanks to a joint investment from the Economic Board Groningen and others, BioTX is able to take a giant leap forward in their ambition to create a factory producing widely used chemicals on a large scale, in a completely sustainable and circular way. Three existing shareholders and two new ones decided to finance the amount necessary. Carduso Capital, Lynnovation and Vries Beheer followed up on earlier investments, the GROEIfonds of the Economic Board Groningen and the NOM decided to co-finance.
PulmoTech, a young startup located in Groningen, is developing a special catheter to guide mechanical ventilation more precisely in patients admitted to the Intensive Care. Carduso Capital’s investment will help the company to start the final phase of the clinical development.
Got an early stage digital startup or a great idea? G-Force Capital is a pre-seed investment fund, meaning they invest in very early stage startups. The investment fund is looking for digital startups based in Groningen, for example with a recently finished prototype or currently working on validating their idea.
Having a great business idea is one thing. A solid business plan that attracts potential investors however, is quite another skill. To help promising young companies prepare for the next big step, Flinc launched an Investor Readiness Program, with the official kick-off last Tuesday.
Amsterdam Capital Week has been creating events that foster genuine connections between entrepreneurs and potential investors. Now in its fifth year, the event takes place between the 23rd and 25th of September, with plenty of informal opportunities to meet investors and fellow entrepreneurs, but also interesting, funny and educational sessions to join.
If you’re still on the fence and thinking “What’s in it for me?”, here are a couple of reasons why you should definitely sign up.
An overview of awesome initiatives to boost your startupEcosystem initiatives
25 progressive Dutch venture capital investors (VCs) and TechLeap.NL (formerly StartupDelta) are entering into a joint initiative under the name #FundRight that will lead to a more diverse startup ecosystem. As a first step, they are addressing equal funding opportunities for female founders by signing the diversity statement. They also call on other VCs to endorse this declaration.