Nextgen Ventures Fund III

Netherlands
Seed
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About Nextgen Ventures Fund III

Dutch healthcare-focused VC reached a first close of €28.5M for its third fund. Will back ~15 early-stage medtech and digital health startups in the Netherlands, Germany and Belgium.

Investment Focus

Location / RegionNetherlands
Funding StageSeed
Industry Focus
Ai Ml
Digital Health
Med Tech

Investor Signals Profile

active

Sweet Spot

Early-stage medtech/digital health founder in NL/DE/BE

digital health
medtech
seed & early stage
NL/DE/BE focus
Quadruple Aim impact

Bullish Signals

Fund III live — actively deployingexternal
10+ years, first institutional investorexternal
15+ portfolio companies across regionexternal
Notable exits: ShanX €24m, Plasmacure €16mexternal
€22m heart surgery modernization dealexternal
AI in long-term care — active themeexternal
15 named portfolio cos on websitewebsite
H2 2025 investments highlighted publiclywebsite
Decade+ proven expertise, transformative impact missionwebsite
18 portfolio companies listed: Attendi, Flux Robotics, Plasmacure, ShanX, morewebsite
Nextgen Ventures 3 actively backing medtech teamswebsite
Dedicated support + extensive network providedwebsite
Portfolio: AMT-Medical, Bloomlife, Elanza, Implican, Manometric, Momo Medical, Moveshelf, Sirius Medical, Smartlockr, STENTiT, Syntiliowebsite

Contrarian Signals

Narrow geo: NL/DE/BE onlyexternal
Healthcare-only, no cross-sector playsexternal

Founder Do's

Address unmet medical needs
Show hardware or software innovation
Be based in NL, DE, or BE
Align with Quadruple Aim outcomes
Seek first institutional investor

Founder Don'ts

Don't pitch outside NL/DE/BE
Avoid non-healthcare verticals
Don't expect late-stage capital

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Fund Overview

Fund Size€29M
Saves0

Key People

Martijn Bandsma

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