Future Tech Ventures (FTV), a newly established venture capital firm, has officially launched in Groningen with a significant focus on supporting high-tech startups in the Northern Netherlands. With an initial fund of €20 million, FTV aims to assist at least 50 startups in the crucial proof-of-concept phase.
Funding Details
The investment period for this fund is set to span from 2024 to 2029, targeting innovative startups that often face challenges in securing early-stage funding. Niek Huizenga, fund manager at FTV, emphasized the difficulties startups encounter in this phase, stating,…