Funds

Limburg Ventures

Limburg Ventures is the predecessor fund of Chemelot Ventures. It was set up in 2004 and made 22 investments. The active investment period is over and is in its exit phase. It has realized several successful exits and still has a number of participations in its portfolio. Below you will find an overview of the most relevant facts regarding Limburg Ventures:

Facts & Figures

Legal nameLimburg Ventures BV
Start2004
DomicileThe Netherlands
Limited partnersDSM Nederland BV, NV LIOF
TypeClosed-end fund
Size€ 15 million
Investment focus by sectorLife sciences (regenerative medicine, drug delivery, drug screening, and formulation and diagnostics), advance materials ((bio-based) polymers and coatings, processing and applications)
Investment focus by stageEarly stage (in principle, past the ‘seed’ phase)

Selected portfolio companies

Kriya Materials

High performance coatings

Fortimedix Surgical

Endoscopic instruments and related equipment

Enzypep

Synthesis of peptides using enzymes

Chemelot Ventures

Chemelot Ventures was established as a successor to Limburg Ventures in 2014. Limited partners of the fund are DSM Nederland, NV LIOF, Limburg Province and Rabobank, each with a commitment of € 10 million. The fund’s life is 12 years with an investment period of six years during which it aims to invest in up to 20 companies.

Facts & Figures

Legal nameChemelot Ventures BV
Start2014
DomicileThe Netherlands
Limited partnersDSM Nederland BV, NV LIOF, Province of Limburg, Coöperatieve Rabobank U.A.
TypeClosed-end fund
Size€ 40 million
Investment focus by sectorSustainable chemicals & materials, regenerative medicine & biomedical materials and diagnostics & analytics
Investment focus by stageEarly stage as well as later stage

Selected portfolio companies

Vertoro

High-value products from lignin waste

Corporis Medical

Surgical innovations that improve access, closures and diagnostics

Mito Medical

Pain-free, early stage breast cancer detection with no health risks

Brightlands Agrifood Fund

Brightlands Agrifood Fund was established in 2017 to include agrifood technology startups in our  focus. This was triggered by the fast growth of the Brightlands Campus Greenport Venlo. Limited partners of the fund are Rabobank, Province of Limburg, NV LIOF, LLTB (Limburgse Land- en Tuinbouwbond), Van Herk Ventures and an undisclosed private individual active in modern greenhouse farming. The Rijksdienst voor Ondernemend Nederland (RVO) has committed € 6 mln out of the so-called Seedcapitalregeling. More facts can be viewed below:

Facts & Figures

Legal nameBrightlands Agrifood Fund BV
Start2017
DomicileThe Netherlands
Limited partnersCoöperatieve Rabobank U.A., Province of Limburg, NV LIOF, LLTB (Limburgse Land- en Tuinbouwbond), Van Herk Ventures, a private individual active in modern greenhouse farming, and fund management
TypeClosed-end fund
Size€ 20.1 million
Investment focus by sectorAgriculture (seed & grow) and food (harvest & formulate)
Investment focus by stageEarly stage, including the ‘seed’ phase

More information

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