Future Tech Ventures launches with €20M fund for startups in Northern Netherlands

Future Tech Ventures (FTV), a new venture capital firm focusing on startups in the Northern Netherlands, officially launched yesterday in Groningen. FTV debuted with a €20mn fund that will support at least 50 high-tech startups in the proof-of-concept phase. The investment period is set between 2024 and 2029. “Startups are often in a very early phase where funding is difficult to secure, and there are significant risks related to technology, market, and team,” Niek Huizenga, fund manager at FTV, said in a statement. For this reason, the VC firm is also offering business support, networking opportunities, and guidance. The fund was…

This story continues at The Next Web