[Funding alert] Early-Stage Venture Capital Fund NP-Hard Ventures Secures €12M Inaugural Fund
Nov 25, 2023 | By Team SR
Early-stage venture capital Fund NP-Hard Ventures secures €12M inaugural fund. The fund, which has now raised more money than its original €10 million objective, will support "product obsessed" early-stage entrepreneurs in the US and Europe.
Paul Veugen, co-founder of NP-Hard Ventures, says, “I’m obsessed over product and early progress. I personally went through the grind of building from scratch three times, and I am thrilled to help other founders navigate the early days and messy middle.”
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Mies, says, “We’re eager to back pioneering teams developing the building blocks for tomorrow; whether it is the tools needed to enable new workflows and craft impactful ideas, or innovative layers of abstraction as a basis for future platforms.
Over the span of the last 36 months, the founding three has invested as angel investors in over 50 early-stage firms and 15 funds within Europe and the US. More than 70 limited partners make up the fund's broadened group, which also includes a fund of funds, operators, fifth-generation firm builders, and past founders.
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Anke says, “NP-Hard supports teams through operational experience, which is essential at the earliest stages of a company, exactly where we like to invest and partner.”
About NP-Hard Ventures
Micha "mies" Hernandez van Leuffen, Paul Veugen, and Anke Huiskes founded NP-Hard Ventures with the intention of addressing the lack of early-stage product-focused investors who are prepared to invest before founders have a comprehensive spreadsheet.
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The business will provide 20 pre-seed firms checks totaling €250k on average. The group intends to work with the best investors and builders in Europe to develop exceptional businesses and encourage ecosystem growth.