Groningen-based Future Tech Ventures (FTV) has launched with a €20M proof-of-concept fund to support 50 high-tech startups in the Northern Netherlands.
The fund is partly financed by a €10M European subsidy from the Just Transition Fund.
Collaborating partners in FTV and co-investors include Triade, RUG Ventures, NV NOM, and Investeringsfonds Groningen.
Future Tech Ventures aims to strengthen innovation power in the North by providing financing, business support, and network connections to startups.