YES!Delft and AGAM partner up to boost early stage startups
VC investor bases European team at YES!Delft to support deep tech companies
Delft/Singapore, May 2 2018 – YES!Delft and Singapore-based August Global Asset Management (‘AGAM’) have partnered to support deep tech companies from YES!Delft and the wider Dutch start-up ecosystem. Both institutions will help startups to get access to institutional funding and scale up internationally. As part of this collaboration, AGAM’s investment team shall have a presence at YES!Delft to provide advice and support to the companies.
AGAM and YES!Delft intend to operate in close cooperation, by opening up their networks and accelerate future industry leaders. AGAM focuses on early growth (pre Series A) investments in order to help businesses expand internationally. This according to both parties is an underserved segment of the ecosystem. Young companies need significant operational and strategic support in addition to financial investment, that both AGAM and YES!Delft can provide.
“YES!Delft is very pleased to enter into a partnership with AGAM”, says Evert Jaap Lugt, managing director of YES!Delft. “We believe that cooperating with AGAM, thereby sharing best practices with respect to programming, and using their financial and intellectual resources as tech investor, as well as their strong connections in Asia will be very beneficial for our portfolio companies”.
“We are very excited about this partnership with YES!Delft to help catalyze and invest in the growth of the Netherlands deep technology ecosystem,” says Sameer Narula, Managing Partner of AGAM. “Our core focus is to position the Netherlands as the ‘launch-pad’ for companies into Asia, and as a ‘landing-pad’ for Asian companies into Europe. Continuing our successful strategy from Asia, we shall work closely with partners like InnovationQuarter, the Netherlands Enterprise Agency (RVO.nl) and YES!Delft, to help exceptional founders build successful global businesses.”
“InnovationQuarter (‘IQ’) is happy that the introduction between YES!Delft and AGAM is coming to fruition says Rinke Zonneveld, Managing Director of IQ. This collaboration will benefit the companies we work with, both from our investment and foreign investments activities. We look forward to assisting AGAM further on the development of their business in the Netherlands and are very pleased that Delft University of Technology introduced us to each other. We see AGAM as a valuable partner and an addition to our current ecosystem.”
About YES!Delft: Building Tomorrow’s Leading Firms
At YES!Delft we believe in the impact of tech companies, because of their crucial contribution to the progress of our economy and society. We foster technological startups to become leading in their industries and promote and stimulate entrepreneurship to accelerate solutions to modern day challenges. At YES!Delft we unite the forces of startups, coaches, investors, and innovative corporations to fuel entrepreneurial success. We offer guidance and support in building and growing a company and encourage students, scientists and professionals on their path of entrepreneurship.
AGAM is regulated by the Monetary Authority of Singapore (‘MAS’) as a Venture Capital Fund Manager (‘VCFM’). Founded by experienced entrepreneurs, we work closely with Governments, Universities, Corporate and Family investors to help exceptional entrepreneurs build successful global companies.
Given our Venture Building approach to investment, we work close with our network of partners around the world to help our companies achieve sustainable and scalable growth. Our Venture Capital business manages multiple funds focused on Seed through Series B investments.
InnovationQuarter is the regional economic development agency for West Holland. InnovationQuarter finances innovative and fast-growing companies, assists international companies in establishing their businesses in West Holland, and facilitates (international) collaboration between innovative entrepreneurs, knowledge institutes and government.
In this way, and in cooperation with the business community, InnovationQuarter supports the development of West Holland to become one of the most innovative regions in Europe. As a lifecycle financier, InnovationQuarter offers companies financing at various stages of growth. InnovationQuarter invests from three funds: IQCapital, UNIIQ and ENERGIIQ.