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Innovation Quarter This project is made possible by a contribution from the European fund for regional development of the European Union

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Index InnovationQuarter in brief

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InnovationQuarter Capital

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Lifecycle financing: investing in all stages

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Investment instruments and ranges

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IQCapital

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UNIIQ

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ENERGIIQ

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Rotterdam Energy Transition Fund

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Portfolio / IQCapital

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Portfolio / UNIIQ

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Portfolio / ENERGII Team and contact details

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InnovationQuarter finances innovative companies in all stages of organisational maturity, helps international businesses establish in the Rotterdam The Hague metropolitan region and organises collaboration between forward-thinking entrepreneurs, knowledge institutes and government. These activities contribute to an economically strong region.

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InnovationQuarter as an investor InnovationQuarter invests in promising companies from four different funds: IQCapital, UNIIQ, ENERGIIQ and Rotterdam Energy Transition Fund. In collaboration with partners, we build ecosystems where entrepreneurs and investors meet and innovative enterprises are provided access to

capital. Our team has many years’ experience in venture capital, private equity and leveraged finance and has access to a wide

international network of private, public and informal investors.

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Lifecycle financing: investing in all stages

Cummulatieve cash flow

We are a proactive and engaged investor in innovative companies in the Province of Zuid-Holland, in all phases of organisational maturity, from proofof-concept to MBO-/acquisition financing

IQ / Capital

ENERGIIQ Logotype

10.08.2017

Fase

Development phases:

Research and development

Prototype / Proof-of-concept

Pilot / Demonstration

Commercialisation & Production

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Proven & Competitive / Series A

Internationalisation / Growth / Buy & Build


Investment range

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10.08.2017

10.08.2017

10.08.2017

10.08.2017

7102.80.01

epytogoL QIINU

Convertible loan

Subordinated loan

Guaranteed loan

Share capital

ENERGIIQ Logotype

ENERGIIQ Logotype

ENERGIIQ Logotype

ENERGIIQ Logotype

ENERGIIQ Logotype

Vendor lease

Financing instruments

€ 300.000

€ 250.000 € 5 mln. ENERGIIQ Logotype

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€ 100.000

IQ / Capital

€ 1 mln.

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€ 5 mln. € 10 mln.


IQ / Capital Companies need capital to grow. From the IQCapital fund, we make investments with a long-term focus in startups, scale-ups and mature SMEs. These companies are characterised by a driven management and a clear growth strategy. We combine societal relevance with financial returns.

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IQ / Capital

An IQCapital investment offers: •

A professional, experienced team

Flexible financing instruments up to €5 million

An extensive network of investors to maximise co-

Understanding of the capital market

financing and follow-up financing

Organisation of sector-specific international trade missions

Close collaboration in-house in the area of international

Organisation of sector-specific and crossover events

growth and innovation •

Long-term financial support

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IQ / Capital

IQCapital investments are made in companies working in following industries: Circular

In companies with a strong and committed management team

In companies with a solid business plan and scalable business model

In companies that create social impact in the region

Maritime and harbour

Preferably in partnership with reputable private co-investors

Aerospace

Always as a minority shareholder

Energy High Tech Systems & Materials Horticulture

Life Sciences & Health Cybersecurity Digital Technology 10


Proof-of-concept fund UNIIQ helps entrepreneurs in the Rotterdam The Hague metropolitan region reduce the time to market for their unique innovation. UNIIQ offers academic spin-offs, startups and existing SMEs that develop disruptive innovations the seed capital to realise their plans and bridge the riskiest phase from concept to promising business. The UNIIQ fund was established by Erasmus MC, TU Delft, Leiden University and InnovationQuarter and is made possible by the European Union, the Province of Zuid-Holland and the municipalities of Rotterdam, The Hague and Leiden.

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A UNIIQ investment offers: •

Up to €300,000 in venture capital in the proof-of-

An interest rate of 8% (4% payable and 4% accrued)

concept phase

Support with financial and strategic issues from an

Made available in 3 stages on attaining specific goals

Financing in the form of a convertible loan which can: •

either be repaid after 3 years for a period of 3 years

or be converted on the valuation of a follow-up

experienced team •

A network of investors and financiers for potential followup financing

investor, minus 25% 12


UNIIQ investments Are made in companies if: •

The invested capital is used for the technological and

market validation of an innovation

The company holds the relevant intellectual property rights

There is a strong and ambitious team

The company is located in the Province of Zuid-Holland

A period of at least 12 months is financed, after which

The initiators themselves take an entrepreneurial risk

it is feasible to attract follow-up funding (or cash-flow

(no project financing) or if it concerns innovations that

positive growth)

will be spun off from existing companies

The innovation offers unique competitive advantages

that form the basis for sustainable growth opportunities

The applicant falls within the scope of the EU criteria for SMEs

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ENERGIIQ Logotype

10.08.2017

Entrepreneurs play a key role in the transition to clean, sustainable energy. ENERGIIQ, the energy innovation fund of the Province of Zuid-Holland, offers a wide range of financing instruments with which we create the right conditions to maximise growth opportunities for innovative enterprises.

ENERGIIQ is owned by the Province of Zuid-Holland. 14


ENERGIIQ Logotype

10.08.2017

An ENERGIIQ investment offers: •

A maximum of €5 mln. in risk-bearing capital

Tailor-made instruments and conditions

Access to an extensive network of reputable co-investors and knowledge partners

A proactive financial partner with extensive investment experience

Professional, institutionalised decision-making

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ENERGIIQ Logotype

10.08.2017

ENERGIIQ investments Are made in companies if: •

The capital will be used for the commercialisation of proven energy innovations

50% of total investment needs are covered by reputable, private co-investors

There is a convincing and detailed business plan and strong management

The enterprise holds the relevant intellectual property rights

The envisaged, substantiated CO2 reduction has an impact in the Province of Zuid-Holland or the company is located in the Province of Zuid-Holland

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The Rotterdam Energy Transition Fund is an investment fund established by the City of Rotterdam with the ambition of being fully CO2 neutral and circular by 2050. The fund finances capital-intensive companies and projects that focus on clean energy, alternative fuels, waste minimisation and reducing the use of primary raw materials.

Rotterdam Energy Transition Fund is owned by Gemeente Rotterdam

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The characteristics of the fund are: •

A €100m revolving fund managed by InnovationQuarter

Provides capital-intensive scale-up investments for energy transition and circular economy in the broader sense

Investments of €1m-10m per company or project

Co-financing alongside private investors/financiers in line with market conditions

A variety of instruments are possible: subordinated loans, loan capital, guarantees and shares

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The criteria that companies or projects must meet to be Are made in companies if: •

The activities are consistent with the fund’s strategy in the area of energy transition and circular economy

The activities have an impact in the Rotterdam area

The company is in a scaling phase (may also involve capital-intensive new technologies and pilot plants)

The business or project plan must be based on a positive business case

The activities should not be contrary to the policy of the City of Rotterdam

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Portfolio / IQCapital

Solar Monkey

Ncardia is a supplier of human assay systems based on self-grown heart muscle cells from human stem cells.

11/2014

Barge Master is a leading company in the field of motion compensation systems for the offshore industry.

5/2015

Fibercore is a leading specialist in bridges, lock gates and other heavily loaded constructions made of fiber-reinforced plastic (composite).

6/2015

Munisense is market leader in online and real-time monitoring of environmental parameters, such as noise, water and indoor climate.

9/2015

Milgro is an independent solution provider in the field of waste and raw materials management based on the principles of circular economy.

12/2015

Onegini offers companies a software solution for sharing sensitive information via smartphone apps.

11/2015

RRC builds service robots which autonomously perform tasks and anticipate circumstances in the care and security sectors

1/2016

Solar Monkey offers solar panel installers the best software to design a system and calculate the energy output accurately and subsequently guarantee this output to its customers

1/2016

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Portfolio / IQCapital Airborne develops and manufactures composite solutions in the aerospace, defence and maritime industries.

2/2016

Toxys specialises in a new generation of innovative toxicity screening.

3/2016

RiskID provides risk management software.

3/2016

Tradecloud is an online platform that allows manufacturing companies and technical wholesalers to integrate their purchasing and sales processes with customers and suppliers.

7/2016

Xinaps develops smart tools for BIM applications like Revit, which simplify 8/2016 and optimise the design process for architects. Parkbee makes business car parks accessible to the wider public and thus provides affordable, convenient parking at prime locations.

10/2016

MOCS provides engineering and consultancy services to the maritime, offshore and civil industry and introduces new products

3/2017

Cybersprint enables firms to secure their online reputation by identifying companies’ websites and apps with the aim of preventing hacking and phishing.

4/2017

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Portfolio / IQCapital Oxy-low specialises in alternative, biological pest-control methods and quality preservation of food and non-food commodities by means of low oxygen treatment.

5/2017

IRM systems provides specialist services and engineering for the entire lifecycle of onshore and offshore pipeline systems

6/2017

VarmX is developing a new therapeutic protein to stop acute bleeding in patients, such as those with thrombosis, who use factor Xa inhibitors (oral anticoagulants).

6/2017

Quantib develops software that makes analysing MRI images faster, more 11/2017 efficient and cheaper. The software also enables new forms of analysis.

TILEDMEDIA

McNetiq markets the patented and award-winning Controlock technology. This magnetic application is the safest, most cost-efficient, durable and flexible temporary steel connection available without the use of welding.

2/2018

Tiledmedia, a spin-off of TNO, delivers a significant increase in the quality of virtual reality services and a reduction in the bandwidth required for streaming VR content.

3/2018

MIMETAS B.V. provides organ-on-a-chip technology through which human tissues are replicated in physiologically relevant models. The predictive value of this technology is far greater than that of existing methods..

4/2018

IMSystems introduces the Archimedes Drive, a new technology standard for gearboxes with the potential to revolutionize the robotics industry.

6/2018

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Portfolio / IQCapital IMSystems is introducing Archimedes Drive, a new technology standard for speed reducers with the potential to revolutionise the robotics industry.

6/2018

Momo Medical produces a smart patient monitor system to help prevent 10/2018 decubitus. The system measures the movement of the patient and informs the nurse on appropriate interventions. Dawn Aerospace develops a reusable vehicle for orbital access

2/2019

LeQuest aims to improve the quality of care by empowering healthcare 2/2019 professionals to use medical technology with confidence and competence. The service solution trains and certifies healthcare professionals for the use of medical technology through customized, online e-trainings. Delft Advanced Biofuels develops revolutionary bioreactor for fermentation. The in-situ product separation during the fermentation process is highly efficient.

4/2019

Doculayer offers enterprises a software solution that processes and manages unstructured information and uncovers its hidden value, using AI-powered technologies.

5/2019

ORTEC is one of the largest B2B suppliers of mathematical optimisationsoftware and analytical solutions in the world. ORTEC Health provides clinical decision support and integrated capacity-management.

6/2019

NewCompliance uses real-time data at hospitals for process optimization 9/2019 around operations. This improves patient safety and efficiency while reducing the risk of infection and operating costs. Equalture provides SaaS recruitment solutions to fast-growing companies, which provide objective predictions about the success of candidates in order to create the right team. 23

2/2020


Portfolio / IQCapital Edumundo as an international educational publisher of the future, Edumundo exploits innovative digital learning resources in vocational education with the aim of increasing study success and promoting the engagement of both students and teachers.

2/2020

NewCompliance develops dashboards (hardware & software) in / around operating theaters of hospitals to improve efficiency and safety

7/2019

PieterPot is a Rotterdam start-up that strives for (plastic) packagingfree groceries in the food chain. They do this as an online supermarket by offering food in refillable jars. Empty pots are collected again, cleaned and reused.

11/2020

Manometric has developed a much faster and more accurate way of measuring hand and wrist braces. Shypple connects all stakeholders (shippers, suppliers and agents) to manage large volumes of shipments and make data-driven decisions to optimize their supply chain operations. Cevinio offers super-smart Invoice-to-Pay software solutions to large companies and a worry-free financial backbone that ensures productivity and compliance.

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Portfolio / IQCapital fund-in-fund shareholdings

Dutch FORWARD.one Security TechFund

BioGeneration Capital Fund III is the third fund of BioGeneration Ventures. The fund focuses on companies in the life sciences and health sector.

7/2016

Rotterdam Port Fund aims for a portfolio of 10 to 15 companies. The fund invests in port-related businesses with a focus on companies in the Netherlands and Belgium.

11/2016

HPE Growth Capital invests in firms with scalable technology in the growth phase. HPE invests in tech companies focused on high-tech hardware, new materials and software and internet

3/2017

Connected Capital invests in innovative, fast-growing companies that operate in markets being disrupted by far-reaching digitalisation and which are led by exceptional management teams

3/2018

FORWARD.one is a venture capital firm designed to address the unique needs of early-stage startups at the intersection of hardware and software.

5/2019

Dutch Security Techfund invests in early stage companies and scale 6/2019 ups, active in Cybersecurity and IoT Security solutions in close cooperation with the Hague Security Delta and business partner KPN Ventures. BioGeneration Capital Fund IV is the fourth fund of BioGeneration Ventures. The fund focuses on companies in the life sciences & health sector.

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1/2020


Exits / IQCapital Authasas develops software to deliver strong authentication with a focus 2015 on security, usability and manageability. IQMessenger has developed a message and alerting hub for healthcare applications.

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2017


Portfolio / UNIIQ Wolk Company is the inventor of WOLK, an airbag belt to prevent hip fractures.

7/2016

Sense Glove ensures the most natural interaction in VR and AR. Sense Glove allows users to touch, feel and manipulate a virtual object as if it were real.

8/2016

VarmX is developing a new therapeutic protein to stop acute bleeding in 8/2016 patients, such as those with thrombosis, who use factor Xa inhibitors (oral anticoagulants).. SemioticLabs ​predicts when and why electric motors and rotating equipment will fail. Semiotic Labs’ customers use the solutions to schedule maintenance before breakdowns occur.

12/2016

Andrupos is developing a system that allows the authenticity of value documents to be verified by tracing them back to their source (printer).

12/2016

Hardt Global Mobility is committed to the concept of a ‘global village’ and is developing a new transport system that is as fast as an airplane and as easy as the train, for a fraction of the cost.

12/2016

Fibriant focuses on the development and production of recombinant 12/2016 fibrinogen, a protein found in blood which plays an important role in blood clotting, tissue repair and enhancing natural defences against infections. LongBloom has developed a patented process to preserve flowers in a cleaner and long-lasting way (for at least 6 months)

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5/2017


Portfolio / UNIIQ Condi Food develops non-destructive inspection technologies for food based on hyperspectral imaging.

5/2017

Sensius is working on new cancer treatments based on thermotherapy to improve treatment options for patients with head and neck cancer

6/2017

Mayht develops revolutionary speaker technology that allows loudspeakers to be produced far more compactly, powerfully and costeffectively than conventional speakers.

6/2017

VIBES.technology bridges the gap between simulation and measuring of sound and vibration in high-tech engineering environments in order to identify and eliminate unwanted vibration early in the design process.

7/2017

Hercules is working on a drug that will enable the body to reduce the growth and spread of various forms of cancer more effectively.

8/2017

Amylon Therapeutics is developing a drug candidate targeting Katwijk’s Disease, formally called Hereditary Cerebral Hemorrhage with Amyloidosis, Dutch Type (HCHWA-D).

9/2017

IMSystems is introducing Archimedes Drive, a new technology standard for speed reducers with the potential to revolutionise the robotics industry.

1/2018

LeydenJar Technologies B.V. is developing a new anode material to significantly increase the energy density of Li-on batteries (up to 50%).

2/2018

Numeric Biotech is developing a medicine to kill senescent cells in the human body. These cells have been linked to a large number of agerelated diseases and various forms of cancer.

4/2018

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For more details about the UNIIQ portfolio, see www.uniiq.nl


Portfolio / UNIIQ Concord is developing a mobile birth trolley to provide care for premature 1/2018 babies, that allows the umbilical cord to remain intact. This reduces complications and increases survival. Oceans of Energy develops and delivers floating systems that generate clean energy at offshore locations.

6/2018

Manometric develops a complete workflow, including a 3D-scanner, to produce perfectly fitting 3D printed hand-wrist braces. This brings personalized braces within reach for all arthritis patients.

7/2018

Clockworks develops deep learning image recognition software to accurately read gas, water, and electricity meters from a picture taken with a mobile phone.

10/2018

Qlayers develops hard- and software to coat industrial surfaces fully automated, making the coating more homogeneous and the coating process more efficient, safer, and more sustainable.

11/2018

MyLife Technologies develops patches consisting of nanoporous microneedles allowing medication to be administered in a painless and easy manner.

12/2018

Tracefy is developing a track-and-trace solution for e-bikes to provide fleetowners, bike brands, and consumers with valuable insights.

12/2018

SeraNovo is developing a method to improve the oral bioavailability for poorly soluble drug molecules.

12/2018

Gearbox is developing a grading robot that combines vision technology with AI to evaluate the quality of passing fruit and vegetables, and to automatically sort them accordingly.

12/2018

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For more details about the UNIIQ portfolio, see www.uniiq.nl


Portfolio / UNIIQ CaptainAI develops software to safely navigate autonomously.

7/2019

Focus develops an algorithm to rank patents based on their technological importance.

7/2019

CAPTAIN AI

Addoptics is developing a method to produce prototypes and small series 7/2019 of optical components more quickly. PATS automates insect control for (glass) horticulture.

9/2019

Rocsys is developing a robotic arm that is able to automatically plug the plug of a charging cable into the socket of an electric vehicle.

9/2019

Tetrahedron develops an innovative crane that can make existing installation vessels suitable for installing the next generations of wind turbines at sea.

12/2019

SmartShip processes haptic feedback in ship controls. This makes the steering of ships more intuitive, safer and more sustainable.

12/2019

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For more details about the UNIIQ portfolio, see www.uniiq.nl


Portfolio / UNIIQ Buddy Payment is developing an app that allows people with (risk of) debts to gain insight into and control over their finances.

11/2019

Tiler focuses on wireless charging of e-bikes by means of special compatible bicycle stands and charging tiles. They primarily focus on corporate fleets.

12/2019

Delta Diagnostics is developing a device that determines whether certain molecules bind to pre-applied antibodies. This makes it possible to determine whether biomarkers can be found in certain fluids (for example blood) that provide indications for a particular clinical picture.

12/2019

QBlox develops the Pulsar module, measuring and control equipment for controlling quantum bits, or qubits. The Pulsar module is a scalable and high-quality control system for controlling hundreds and in time thousands of qubits simultaneously. In this way, the company contributes to making the quantum computer scalable.

4/2020

BI / OND makes microchips on which cell tissues are developed that are supplied with oxygen and nutrients, so-called organ-on chips.

7/2020

Kaminari Medical is a technology developer for a new way of intracoronary imaging.

10/2020

BIMINI Biotech develops new drugs against cancer that inhibit the cell growth of cancer cells.

11/2020

DeNoize has developed a noise reduction technology that produces a vibration that is exactly opposite to the incoming sound.

12/2020

For more details about the UNIIQ portfolio, see www.uniiq.nl

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Portfolio / ENERGIIQ EXASUN is a Dutch developer and producer of high quality solar panels for building-integrated applications.

5/2018

SET Fund III invests in European companies with scalable solutions that contribute to the transition of energy demand, supply and distribution.

12/2018

We4Sea is developing a Platform-as-a-Service for modeling ‘digital twins’ of ships. This allows shipping to monitor and optimize fuel consumption of ships inexpensively and effectively.

1/2019

Involtum offers a switching and payment platform for electric charging points and IOT devices. They are the market leader in power supplies for motorhomes, shipping and trucks.

9/2019

HeatTransfomers is an installer and advisor of (hybrid) heat pumps, specializing in existing buildings.

5/2020

Gradyent is a developer of an artificial intelligence platform (AI), combined with thermo-physical models for the optimization of heat networks.

6/2020

Mapiq is a developer of software and hardware for the smart office market, with the aim of making offices more efficient and user-friendly.

2/2020

Plotwise simplifies the core operation in last mile delivery for e-tailers and traditional parcel deliverers through a dynamic planning API.

9/2020

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Please feel free to contact us Team IQCapital

Liduina Hammer

Maurice Bakker

Frederike Boonstra

Angela Pellaupessy

Management Assistent IQCapital +31 88 4747 255

Sr. Investment Manager IQCapital +31 6 248 64 107

Gerty Holla

Céline van der Ven

Pim Jansen

Johan Stins

Annemieke Kruijt

Fleur Rooker

Head of Investing +31 6 289 78 794

Sr. Investment Manager IQCapital +31 6 520 06 348

Damien van der Bijl

Sr. Investment Manager IQCapital +31 6 241 30 157

Fundmanager IQCapital +31 6 539 77 622

Sr. Investment Manager IQCapital +31 6 26 972 173

Sr. Investment Manager MKB IQCapital +31 6 225 44 570

Hannes Sibbel

Business Analist IQCapital +31 6 546 84 756

Investment Manager IQCapital +31 6 573 92 401

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Sr. Investment Manager IQCapital +31 6 337 90 979

Business Analist IQCapital +31 6 110 18 686


Please feel free to contact us Team IQCapital

Thomas Borchers Sr. Business Analist IQCapital +31 6 309 15 526

Martijn de Blaey

Jareth van der Putten

Investment Manager IQCapital +31 6 525 48 603

Investment Manager IQCapital +31 6 241 79 591

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Kees Recourt

Sr. Investment Manager IQCapital +31 6 223 86 513


Please feel free to contact us Team UNIIQ

Hans Dreijklufft

Jennifer Wassenaar

Suzanne Kroeze

Ludolf Stavenga

Thijs van den Munckhof

Robert Freeth

Fondsmanager UNIIQ +31 6 122 24 842

Investment Manager UNIIQ +31 6 535 98 266

Management Assistent UNIIQ +31 6 180 96 482

Investment Manager UNIIQ +31 6 558 17 430

Business Analyst UNIIQ +31 6 534 88 791

Investment Manager UNIIQ +31 6 183 46 040

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Duko Drijfhout

Sr. Investment Manager UNIIQ +31 6 387 79 574


Please feel free to contact us Team ENERGIIQ & EnergytransitionfundRotterdam

Rafael Koene

Fundmanager ENERGIIQ & Rotterdam Energy Transition Fund +31 6 460 82 036

Ralph Drooge

Sr. Investment Manager Rotterdam Energy Transition Fund +31 6 11 54 444

Jasper Geselschap Sr. Investment Manager

Jesse In ‘t Velt

ENERGIIQ +31 6 513 87 291

Investment Manager ENERGIIQ +31 6 526 33 306

Jochem de Regt

Quentin van Driel

Senior Investment Manager Rotterdam Energy Transition Fund +31 6 216 874 30

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Business Analist Rotterdam Energy Transition Fund +31 6 180 27 897

Mathijs de Rijk

Investment Manager ENERGIIQ +31 6 146 67 001

Anne van der Sluijs

Management Assistent Rotterdam Energy Transition Fund +31 6 825 83 555


Colofon @InnovationQuarter / IQ02-2021

www.innovationquarter.nl/en/ UNIIQ.nl ENERGIIQ.nl

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investeren innoveren in Zuid-Holland

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Profile for InnovationQuarter

InnovationQuarter Capital brochure  

InnovationQuarter is a lifecycle and impact investor. The InnovationQuarter Capital brochure provides an overview of the four funds with the...

InnovationQuarter Capital brochure  

InnovationQuarter is a lifecycle and impact investor. The InnovationQuarter Capital brochure provides an overview of the four funds with the...

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