Golden Egg Check’s funding news – Dutch-based Golden Egg Check’s VC fund Secures €5Million in Funding

Launched in 2022, the fund now has a portfolio of 22 startups, mostly Dutch software companies. This makes GEC Capital one of the most active private venture capital funds in the Netherlands. With the new capital injection from several (former) tech entrepreneurs, the oversubscribed fund has reached the final close on the hard cap of 5 million euros.

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Distinctive to the investment strategy is the co-investment model, in which investments are always made together with a specialized venture capitalist or with a group of relevant angel investors.

Thomas Mensink, partner at GEC Capital, explains how this works: “We have now co-invested with, for example, Speedinvest (Austria), Norrsken (Sweden) and Curiosity VC (Netherlands). We hitch a ride on their knowledge and expertise. At the same time, we bring in our network of investors so that our portfolio companies get faster and better access to (follow-on) capital. In this way we can do many deals with a small team and ensure an optimal spread for our investors.”

Ytsen van der Meer, venture partner at GEC Capital, adds: “In addition, we are building a founder community, because we see that entrepreneurs learn an awful lot from each other. That peer-to-peer interaction is valuable and comes into its own in an active fund in which many deals take place.”

Companies GEC Capital has invested in include Runnr.ai (AI chatbot for hotels), Sirius (sustainability co-pilot for metals and mining companies), Haaven (platform for design and construction of wooden homes) and QDI Systems (quantum dot technology for medical imaging).

Gilles Meijer, founder of Golden Egg Check and partner at GEC Capital, explains, “We generally invest at an early stage, in Pre-Seed and Seed, but in terms of sector we are broadly interested because we always co-invest with a specialist. With our 5 million euros, we can make 30 to 35 investments and still keep enough behind to continue investing in the most successful companies.”

About Golden Egg Check

Golden Egg Check are startup analysts. Their extensive data, insights, and connections help startups, investors, corporates and policy makers to make the Netherlands the no. 1 startup ecosystem in Europe. With years of experience studying VC' investment preferences and decision-making processes, we employ their best practices to strategically invest and enable their customers to select tomorrow’s winners.