Kriss Spulis, Investment Manager European Investment Fund, and Arnoud de Geus, Director of New Business Development at Sioux (from left to right).
Sioux is regularly involved as an investor in high-tech companies through the Sioux Tech Fund. After previous successful exits of companies such as Phenom-World and Liteq, Sioux has now set up a second investment fund together with the European Angel Fund (EAF) Netherlands, advised by the European Investment Fund. Sioux and the EAF Netherlands will both invest 50% in this new fund. Both parties will invest five million in high-tech start-ups in the first phase. Sioux will manage the fund.
The first Sioux Tech Fund has made a number of very successful investments. At the end of 2014, the Fleetlogic investment was successfully transferred to TomTom Telematics. Halfway through 2017, the investment Liteq was taken over by Kulicke & Soffa, and at the end of 2017, the Phenom-World investment continued under Thermo Fisher Scientific.
Arnoud de Geus, Director of New Business Development at Sioux: "The joint investment fund offers start-ups opportunities for even more success. Solar vehicle manufacturer Lightyear has already received the first investment from the Sioux Tech Fund. And also in the field of medical high-tech, we are going to give new innovative ideas a chance for faster development of their technical innovations and accelerate their market introduction.”
Kriss Spulis, Investment Manager at European Investment Fund: "Hans Duisters and Sioux have a successful track record in supporting promising start-ups in the high-tech industry. We like to work with individuals like Mr. Duisters and companies such as Sioux, which aim to provide high-quality innovation and production in Europe and the Netherlands in particular."
Source: Sioux.eu
SIOUX – WE BRING HIGH-TECH TO LIFE
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