Fund profile / Netherlands

NP-Hard Ventures Fund II

Geography: Netherlands
Stage: Pre-Seed
Fund size: €25M
Focus: AI/ML, Built Environment, Cloud & DevOps and Cybersecurity
Signals: Published

N°01 / About

About NP-Hard Ventures Fund II

Technical, product-obsessed founders; foundational infrastructure, robotics, AI, computational infrastructure, cloud, energy, construction, developer tools, cybersecurity. Pre-seed, seed.

N°02 / Thesis

Investment Focus

Location / RegionNetherlands

Funding StagePre-Seed

Industry Focus

AI/ML

Built Environment

Cloud & DevOps

Cybersecurity

Developer Tools

Digital Infrastructure

Energy Tech

Robotics & Automation

Investor Signals Profile

active

Sweet Spot

NP-hard problem solver building Europe's energy fast

climate tech

deep tech

NP-hard problems

optimization at scale

hard-tech infrastructure

Bullish Signals

Co-led Rivan £25M Series Aexternal

Partners publicly championing portfolio cosexternal

Co-invests with IQ Capital, Pluralexternal

Fund name reflects deep NP-hard complexity focusexternal

Contrarian Signals

Heavy climate focus — niche deal flowexternal

Europe-only thesis limits TAMexternal

Founder Do's

Execute fast, show early physical milestones

Tackle NP-hard industrial/energy problems

Build for European market needs

Demonstrate sharp thinking + big ambition

Meet GPs early — conviction forms at first meeting

Founder Don'ts

Avoid software-only, no deep tech angle

Don't pitch without clear execution proof

No approximation shortcuts on hard problems

18 signals on NP-Hard Ventures Fund II

4 bullish · 2 contrarian · 5 pitch do's · 3 don'ts · 4 GP profiles, each with its source. From €9/month, cancel anytime.

See a signal free View Plans Browse all Signal Profiles →

Facts

Fund Overview

Fund Size€25M

Saves0

Website

People

Key People

Micha Hernandez van Leuffen, Paul Veugen, Anke Huiskes

Anke HuiskesPartner

Paul VeugenPartner

Micha Hernandez van LeuffenPartner

Trudy WestbyPartner

N°04 / See also

Related Funds

Main Capital Partners Continuation Fund I

Fund size€520M

Location: Netherlands
Stage: Series A
Focus: Enterprise Software, Ai Ml, Digital Health, Saas
Manager: Charly Zwemstra, Jorn De Ruijter, Bram Kaashoek

Series A

Enterprise Software

Ai Ml

Digital Health

Saas

Theta Capital Blockchain Fund-of-Funds

Fund size$200M

Location: Netherlands
Stage: Growth
Focus: Web3 Infrastructure, Fintech
Manager: Sjoerd van de Velde

Growth

Web3 Infrastructure

Fintech

Move Energy Fund I

Fund size€100M

Location: Netherlands
Stage: Seed
Focus: Climate Sustainability
Manager: Lex Roukens

Seed

Climate Sustainability