HighTechXL is a
deep-tech venture builder, located in
Eindhoven
Eindhoven () is a city and municipality in the Netherlands, located in the southern province of North Brabant of which it is its largest. With a population of 238,326 on 1 January 2022,[High Tech Campus Eindhoven
The High Tech Campus Eindhoven is a high tech center and R&D ecosystem on the Southern edge of the Dutch city of Eindhoven. In 2016, the High Tech Campus is home to more than 140 companies and institutions, comprising over 10,000 product develop ...]
. HighTechXL is supported by the Eindhoven Startup Alliance, a dedicated partnership including
ASML,
Philips
Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters is ...
,
Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational corporation, multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Delo ...
, NTS,
ABN Amro
ABN or abn may refer to:
Companies
* ABN AMRO Group, a Dutch bank group
* ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank
* Algemene Bank Nederland, a now-defunct Dutch bank
Radio, news and television organiza ...
and several other stakeholders. For example, Peter Wennink (CEO of ASML) said in 2015: “In its turbulent early years, ASML experienced first-hand how important a support system is for a young company. Supporting HighTechXL is our way of giving back to the community. In addition, we have the experience that these young companies can contribute: startups are a great source of ideas. Strengthening the high-tech hardware ecosystem, finally, is in our interest because we rely on a network of innovative suppliers and technology partners to continue our technology leadership.”
The initial set-up of HighTechXL was to recruit and select
startup
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend t ...
teams that already have a promising
technology
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, scie ...
with the potential to grow into a successful business, and support these teams with various
resources
Resource refers to all the materials available in our environment which are technologically accessible, economically feasible and culturally sustainable and help us to satisfy our needs and wants. Resources can broadly be classified upon their ...
. At a later stage,
CERN,
European Space Agency
, owners =
, headquarters = Paris, Île-de-France, France
, coordinates =
, spaceport = Guiana Space Centre
, seal = File:ESA emblem seal.png
, seal_size = 130px
, image = Views in the Main Control Room (120 ...
and other research institutes invited HighTechXL to build ventures from their
high-tech
High technology (high tech), also known as advanced technology (advanced tech) or exotechnology, is technology that is at the cutting edge: the highest form of technology available. It can be defined as either the most complex or the newest tec ...
inventions
An invention is a unique or novel device, method, composition, idea or process. An invention may be an improvement upon a machine, product, or process for increasing efficiency or lowering cost. It may also be an entirely new concept. If an id ...
. HighTechXL thus adapted its approach so that it could also start with a new (typically
patented
A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A p ...
) technology, to subsequently build a team and support this team in developing the venture. In the period 2015-2019, HighTechXL raised over 90 million € in funding and built 66 ventures, of which 17 are in the ‘star’ segment (i.e. ventures with at least 10 times
ROI). In a recent report by Perception Box, HighTechXL is ranked in the top five of
startup accelerators worldwide.
Perception Box, "Our international top five list of startup accelerators."
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See also
* Deep tech
* Deep tech venture
* Business incubator
Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture c ...
* Startup accelerator
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. While traditional business incubators are often ...
* Y Combinator (company)
Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, ...
* Techstars
* 500 Startups
500 Global (previously 500 Startups) is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, Califor ...
References
{{Reflist
External links
Official website
Startup accelerators
Eindhoven