PPM Oost and EIF Creates €150M Fund of Funds

PPM Oost is partnering with the European Investment Fund to establish a venture capital fund of funds for Small and Medium Sized businesses (SMEs) in the Netherlands.

The Dutch Venture Initiative (DVI) will invest in funds investing in later stage fast growing innovative or high-tech businesses in sectors such as ICT, cleantech, medtech, renewable energy and life sciences. The DVI aims to hold a first closing of €150m and will target 10 to 15 investments in the next 4 to 5 years. After the first closing, fundraising will continue to reach a final fund size of €300m.

Led by Marius Prins, director, PPM Oost is a public VC operating in East Netherlands with 130 direct investments and 40 innovation loans in SMEs, mainly in Agrofood, Life Sciences, High tech Materials, Energy and Manufacturing.
The contribution of PPM Oost to DVI is supported by the Dutch government.



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