Acquaintance

Follow-up & analysis

Go/No-go

Preparation process

Investment proposition

Participation agreement

Exit process

Venture Capital Funds

Our funds participate with a minority interest (20-49%) in promising, innovative business-to-business companies. Often the investment will be done in cooperation with other private equity firms or informal investors. If your company has a competitive advantage (niche / top-3 position in a(n) (inter)national market / special technique or patent) and is established in the Netherlands, then we would like to arrange an appointment.

Our expertise and experience is primarily focused on the following sectors:

  • ICT
  • High Tech manufacturing industry
  • Agro Tech
  • Environment & Sustainability
  • B-2-B services with added value (ICT or intellectual property)

We search for the best solution for the company. Therefore, we often start with a corporate finance and business development process, in order to assess which (financing) instrument is best applicable. In some cases, the best solution may be our own investment fund. Our closed funds are the Stimulus- and Eindhoven Venture Capital Fund. Our active fund is the Eindhoven Venture Capital Fund II.

ECFG Venture Capital BV and its funds are covered by AFM guidelines. Additionally we report to the DNB. EVCF Growth Capital BV is a fund registered under the regulation Seed Capital Technostarters.





Eindhoven Venture Capital Fund III (EVCF III)

In 10 years’ time, Dutch CO2 emissions should be halved. In 30 years it should be close to zero. Companies with CO2-reducing products, services or processes face the same growth challenges as other early stage companies. With that in mind, we started developing the Climate Tech Innovation Fund (CTIF) fund concept two years ago: a fund aimed at bringing innovative technology to the market in the field of sustainability and CO2 reduction.

Sustainability as a ‘hygiene factor’
In the course of CTIF’s funding process, we have come to the conclusion that the Sustainability element, classified according to the Sustainability Development Goals (SDG) of the UN, has now become more of a “hygiene factor” than an objective in itself. Investing in sustainability has become “just” investing. In addition to the main priority, achieving returns, the preconditions of SDG and compliance (“Know Your Customer”) must be met as standard.

Restricting a fund to just the Sustainability aspect would therefore be unnecessarily limited in the market. We have therefore decided to embed the preconditions of CTIF in the investment criteria of the follow-on fund to the current EVCF II, which is rapidly evolving towards a “fully invested” status; an exit has even already been realised.

Establishment of new fund EVCF III
We expect that EVCF II will acquire two more new ventures before the end of this year and will therefore be fully invested, taking into account reserves. Our lead flow is and remains good and we expect to start the follow-up fund (EVCF III) in the first half of 2022.

EVCF III will acquire and admit ventures with the same scope as EVCF II in 2022, as stated on our Venture Capital Funds website. More information about EVCF III will follow in early 2022.



Eindhoven Venture Capital Fund II

EVCF II invests in:

  • Companies with opportunities,
  • For above average financial return
  • Based upon the right product/technique/market-combination

EVCF II participates when:

  • The company has a proper management team
  • The investment has calculable, acceptable risk moments
  • A growth path for the company seems plausible
  • An exit is realistic after 5 to 7 years

Essential terms to be investment-worthy:

  • Well experienced management team
  • Proof-of-product, -market, -technology
  • Proven business- / revenue model
  • Ready for internationalization
  • Provable acceleration model

By these conditions in place, an attractive proposition is created for a larger party to strategically takeover the company in the medium term.

Investments

Exits