The data storage device industry in Benelux captures the essence of modern information management, featuring a mix of startups and established companies. This sector delivers solutions that include cloud storage, innovative memory technologies, and secure data protection systems. As data generation skyrockets, firms in this region are pioneering advancements, focusing on sustainability and efficiency. With the rise of digital transformation, the future looks promising, where the need for reliable data storage will only grow. Exciting trends such as decentralized storage and new battery technologies indicate a vibrant ecosystem, pushing companies to rethink and reshape the way data is stored and managed.

The investors operating in the Benelux data storage sector reflect a rich tapestry of backgrounds—a blend of venture capital, corporate entities, and private equity firms. Their headquarters range from bustling Amsterdam to strategic Brussels and luminous Luxembourg. With firm sizes from agile startups with under 10 employees to mammoth companies with thousands of staff, these investors, founded as early as 1958, engaged in 2024's pivotal investments across various counts. This diverse group, with deal counts from 2 to over 57, showcases a heightened interest in the promising area of data storage devices.

Top 14 Data Storage Device Investors in Benelux

1. European Innovation Council (EIC)

• Website: eic.ec.europa.eu
• Type: Corporate
• Headquarters: Brussels, Brussels, Belgium
• Founded year: 1958
• Headcount: 201-500
• Number of deals in 2024: 57
• LinkedIn: european-innovation-council-eic

The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, the EIC offers various funding programs, including the EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale their technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation across different sectors. Among its notable transactions, the EIC has provided grants to companies like Upmem, a fabless semiconductor startup that raised over $5 million in grants, and Cubbit, which raised $4.8 million for its decentralized cloud storage solution. These investments indicate the EIC's commitment to supporting innovative technologies, including those related to data storage devices.

2. InnoEnergy

• Website: innoenergy.com
• Type: Venture Capital
• Headquarters: Eindhoven, North Brabant, Netherlands
• Founded year: 2010
• Headcount: 201-500
• Number of deals in 2024: 52
• LinkedIn: innoenergy

EIT InnoEnergy is a not-for-profit organization founded in 2010, based in Eindhoven, North Brabant, Netherlands, dedicated to accelerating sustainable energy innovations. They provide a marketplace for energy solutions, training programs, and support for innovators and corporates in the energy sector. InnoEnergy collaborates with various stakeholders to address the challenges of energy transition and sustainability. Notably, they have invested in companies like AquaBattery, which is developing a low-cost, sustainable energy storage solution based on salt water, and Skeleton Technologies, which manufactures ultracapacitors and is involved in the development of new battery technologies. These investments highlight InnoEnergy's commitment to advancing energy storage technologies, which are integral to the data storage device industry.

3. Gimv

• Website: gimv.com
• Type: Venture Capital
• Headquarters: Antwerp, Flanders, Belgium
• Founded year: 1980
• Headcount: 51-200
• Number of deals in 2024: 8
• LinkedIn: gimv

Gimv is a venture capital investment firm based in Antwerp, Flanders, Belgium, founded in 1980. The firm partners with innovative companies across various sectors, including Consumer, Healthcare, Life Sciences, Smart Industries, and Sustainable Cities. Gimv provides investment management and strategic support to help businesses grow sustainably. Among their notable transactions, Gimv has invested in Micron Technology, which raised $16 million in a Series C round in 2009, a company known for its memory and storage solutions. Additionally, Gimv has been involved with Nomadesk, a Belgian cloud computing company, participating in their Series A and B funding rounds, which collectively raised approximately $12 million. These investments highlight Gimv's engagement with companies that are relevant to the data storage device industry.

4. Maven 11

• Website: maven11.com
• Type: Venture Capital
• Headquarters: Amsterdam, North Holland, Netherlands
• Founded year: 2015
• Headcount: 11-50
• Number of deals in 2024: 27
• LinkedIn: maven11

Maven 11 is a venture capital firm based in Amsterdam, specializing in blockchain and distributed ledger technology. Founded in 2015, the firm has made a significant impact in the crypto space by providing investment and active support to founders navigating market complexities. In 2024 alone, Maven 11 has participated in 27 investments, showcasing their active role in the investment landscape. Notably, they were involved in the pre-seed funding round for Bagel Network, a decentralized machine learning data network, indicating their interest in innovative data storage solutions. Additionally, their participation in funding rounds for projects like Celestia and RISC Zero highlights their commitment to supporting technologies that may intersect with data storage and management, further solidifying their relevance in this sector.

5. M Ventures

• Website: m-ventures.com
• Type: Venture Capital
• Headquarters: Amsterdam, North Holland, Netherlands
• Founded year: 2009
• Headcount: 11-50
• Number of deals in 2024: 18
• LinkedIn: merck-ventures

M Ventures is a venture capital fund based in Amsterdam, Netherlands, founded in 2009. The firm specializes in investing in transformative ideas within the biotechnology and technology sectors, particularly focusing on healthcare, life sciences, and advanced technology. M Ventures collaborates closely with entrepreneurs to drive innovation and growth in their portfolio companies. Notably, they have participated in significant transactions such as the $20 million Series B funding for Ferroelectric Memory GmbH, which is involved in developing advanced memory technologies, indicating their interest in data storage solutions. They also invested in NeoLogic, a company working on efficient chip designs, which could have implications for data storage and processing capabilities. Their recent investments in Thintronics and Polaris Electro-Optics further demonstrate their engagement in technology sectors that may overlap with data storage applications.

6. Fabric Ventures

• Website: fabric.vc
• Type: Venture Capital
• Headquarters: Luxembourg
• Founded year: 2012
• Headcount: 11-50
• Number of deals in 2024: 16
• LinkedIn: fabricventures

Fabric Ventures is a venture capital firm based in Luxembourg, founded in 2012. The firm focuses on investing in the Open Economy, supporting founders and startups across various sectors, including finance, gaming, and infrastructure. They provide venture capital, business development support, and community engagement to help early-stage companies succeed. Notably, Fabric Ventures has been involved in significant transactions such as their investment in Ledger, which raised $380 million in a Series C round in June 2021, specializing in secure cryptocurrency storage solutions. They also participated in the seed round for Casa, a startup that helps consumers securely store cryptocurrencies, highlighting their engagement in the data storage device context. Other investments include Streamr and Ocean Protocol, which, while not directly related to traditional data storage devices, indicate their interest in innovative data management solutions.

7. Cvc

• Website: cvc.com
• Type: Private Equity
• Headquarters: Luxembourg
• Founded year: 2005
• Headcount: 1001-5000
• Number of deals in 2024: 16
• LinkedIn: cvc-capital-partners

CVC Capital Partners is a prominent investment firm founded in 2005, specializing in private equity, credit, secondaries, and infrastructure. With approximately €193 billion in assets under management for over 1000 clients, including pension funds and institutional investors, CVC focuses on delivering sustainable value and growth through strategic investments. Notably, CVC has invested in Acronis, a leading provider of data protection and storage solutions, raising $250 million to enhance its product offerings and expand its market presence. This investment highlights CVC's engagement in the data storage device sector. Additionally, CVC has made various acquisitions in technology and telecommunications, such as MagnaChip Semiconductor and Wireless Logic, showcasing their broader interest in technology-driven companies.

8. imec.xpand

• Website: imecxpand.com
• Type: Venture Capital
• Headquarters: Leuven, Flanders, Belgium
• Founded year: 2017
• Headcount: 1-10
• Number of deals in 2024: 5
• LinkedIn: imec.xpand

imec.xpand is a venture capital fund based in Leuven, Flanders, Belgium, founded in 2017. The firm specializes in providing investment and operational support to early-stage deep tech companies, particularly in the semiconductor and nanotechnology sectors. By leveraging imec's expertise and infrastructure, imec.xpand helps startups navigate their development and market challenges. Notably, imec.xpand has participated in significant transactions relevant to the data storage device industry, including a leading role in the Series B funding round for Ferroelectric Memory GmbH, which raised $20 million to advance memory technology. They also invested in Celestial AI, which focuses on photonic interconnect technology, potentially applicable in data storage solutions. Their diverse portfolio reflects a commitment to fostering innovation in technology sectors that include data storage.

9. Invest-NL

• Website: invest-nl.nl
• Type: Venture Capital
• Headquarters: Amsterdam, North Holland, Netherlands
• Founded year: 2020
• Headcount: 51-200
• Number of deals in 2024: 17
• LinkedIn: invest-nl

Invest-NL is an impact investment firm based in Amsterdam, Netherlands, founded in 2020. The firm focuses on financing sustainable and innovative projects, particularly in the energy and technology sectors. They support entrepreneurs with promising plans for societal transitions by mobilizing capital from various sources to make impactful investments that contribute to a more sustainable economy. Notably, Invest-NL has participated in several funding rounds for companies involved in energy storage solutions, such as AquaBattery, which is developing a low-cost, sustainable energy storage solution based on salt water. Additionally, they have invested in LeydenJar Technologies, which aims to create sustainable super-batteries with enhanced energy density. These transactions highlight Invest-NL's commitment to supporting innovations that are crucial for the future of energy and data storage technologies.

10. Exor N.V.

• Website: exor.com
• Type: Venture Capital
• Headquarters: Amsterdam, North Holland, Netherlands
• Founded year: 2009
• Headcount: 11-50
• Number of deals in 2024: 26
• LinkedIn: exor_2

Exor N.V. is a holding company based in Amsterdam, Netherlands, founded in 2009. It operates across various sectors, including automotive, healthcare, and media, and manages a diverse portfolio of companies such as Ferrari, Stellantis, and Philips. Exor focuses on enhancing value through strategic investments and operational support. In 2024, Exor Ventures participated in a Seed Round for Cache, a company likely involved in data storage solutions. They also invested in DustPhotonics, which raised $24 million to scale production of its high-speed data transmission products, directly relevant to data storage technology. Furthermore, their involvement in Crusoe Energy Systems, which is developing cloud computing infrastructure, highlights their engagement in sectors that intersect with data storage. These transactions illustrate Exor's commitment to investing in innovative technologies that support data storage and cloud computing applications.

11. Cipio Partners

• Website: cipiopartners.com
• Type: Venture Capital
• Headquarters: Luxembourg
• Founded year: 2003
• Headcount: 11-50
• Number of deals in 2024: 2
• LinkedIn: cipio-partners

Cipio Partners is a venture capital firm based in Luxembourg, founded in 2003. The firm specializes in European growth capital and minority buyouts for technology companies, providing both financial support and strategic guidance to help businesses scale and prepare for liquidity events. Cipio Partners primarily focuses on technology firms with established business models and significant revenue, particularly in the software and B2B sectors. Among their notable transactions, they invested in Impinj, which raised $14 million in a Series B round in 2002; Impinj is known for its RFID technology, which plays a role in data storage and management. Additionally, they have invested in Ethernity Networks and other technology firms, indicating a broad interest in the tech landscape that may include data storage solutions.

12. Mangrove Capital Partners

• Website: mangrove.vc
• Type: Venture Capital
• Headquarters: Luxembourg
• Founded year: 2000
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn: mangrove-capital-partners

Mangrove Capital Partners is a venture capital firm based in Luxembourg, founded in 2000, that specializes in early-stage investments in innovative technology companies. With a focus on empowering startups in Europe and Israel, they provide both financial support and strategic guidance. Among their notable transactions, they led a $39.4 million Series B+ funding round for SQream Technologies, a company specializing in data management and analytics, highlighting their interest in the data storage sector. Additionally, they invested in Brain.space, a brain-mapping data company, which further emphasizes their engagement with data-driven technologies. Their diverse portfolio reflects a commitment to fostering growth in the tech ecosystem, including areas related to data storage and management.

13. Revo Capital

• Website: revo.vc
• Type: Venture Capital
• Headquarters: Amstelveen, North Holland, Netherlands
• Founded year: 2013
• Headcount: 11-50
• Number of deals in 2024: 8
• LinkedIn: revo-capital

Revo Capital is a venture capital firm based in Amstelveen, North Holland, Netherlands, founded in 2013. The firm specializes in investing in early-stage technology startups across Turkey, Eastern Europe, and the Baltics. Revo Capital not only provides capital but also offers growth support services, including strategic guidance, market analysis, and talent acquisition, to help entrepreneurs navigate their business challenges and achieve successful growth. Among their notable transactions, Revo Capital invested in FileOrbis, which raised $2,000,000 in June 2023, focusing on data storage solutions. This investment highlights their engagement in the data storage device sector, alongside other technology investments such as Skyatlas, Fintegre, HyperBeeAI, and Roamless, which showcase their diverse portfolio in the tech industry.

14. Pmv

• Website: pmv.eu
• Type: Venture Capital
• Headquarters: Brussels, Brussels, Belgium
• Founded year: 2001
• Headcount: 51-200
• Number of deals in 2024: 11
• LinkedIn: pmv-eu

Participatiemaatschappij Vlaanderen (PMV) is a public entity based in Brussels, Belgium, that acts as an investment company for the Flemish government. Founded in 2001, PMV provides a range of financing solutions, including loans and co-financing, to startups, scale-ups, and established businesses across various sectors such as real estate, clean tech, and life sciences. Notably, PMV has been involved in several significant transactions, including a $15.9 million Series A funding round for VaultSpeed, a company aiming to enhance automation and AI in the cloud data warehouse and lakehouse market. This investment highlights PMV's engagement in the data storage device industry. Additionally, PMV has participated in other funding rounds, such as those for MICLEDI Microdisplays and ONTOFORCE, showcasing its diverse investment portfolio while maintaining a focus on innovative technologies.

Data Storage Device Insights: Key Investors in Benelux

Want to find more investors focusing on the data storage device industry?

With Inven, you'll also get to know:

• Deal History: Number of deals and their sizes.
• Portfolio: Companies they've invested in.
• Contact data: Key dealmakers, including their emails and phonenumbers.
• ...and much more!