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Eindhoven may not immediately come to mind as a high-tech hub, but the Dutch city wants to position itself as a center for deep-tech in Europe.
The Eindhoven University of Technology, the High Tech Campus Eindhoven and local companies like ASML and Philips are looking at initiatives across Europe and applying what they have learned to the strategy of the region. Philips started in Eindhoven in 1891 and played no small role in the community's ambitions to become a technology center.
Eindhoven produces a large number of patents per year considering its small population and has been home to an overwhelming number of hardware startups. The local high tech campus, for example, has a high hardware focus.
Our survey participants consider the city to be strong in areas such as photonics, robotics, medical technology, materials science, deep tech, automotive technology, sustainability technology, medical technology, big data, hardware and precision engineering. They are looking for more mature startups and scale-ups that focus on AI and hard tech.
Eindhoven is considered to be weaker in fintech and consumer goods products and exists in a small region with limited global visibility.
Over the next five years, one respondent said: “Eindhoven will have developed into the second largest technology ecosystem in the Netherlands after Amsterdam. At European level, Eindhoven will have entered the top 10. "
To find out more about Eindhoven, we asked the following investors:
Robert AL, Systema Circularis
Nathan van den Dool, CEO, Space4Good
Pepijn Herman, Venture Builder, Brabantse Ontwikkelings Maat Schappij
Betsy Lindsey, CFO, Aircision
Andy Lurling, founding partner, LUMO Labs
Han Dirkx, CEO and Co-Founder of AlphaBeats
Jonas Onland, Managing Partner, Serendipity
Daan A. J. Kersten, CEO, PhotonFirst
Daniel den Boer, CEO and Co-Founder, Vaulut
Robert AL, Systema Circularis
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
High-tech systems, photonics, robotics, medical technology.
Which are the most interesting startups in your city?
Lightyear, Bio-TRIP, EFFECT Photonics, Nemo Healthcare, Sorama.
How are the tech investors? What is the investment scene like in your city? What is your focus?
Fully committed.
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
Steef Blok, Harm de Vries, Piet van der Wielen, Andy Lurling, Mark Cox.
Where do you see the tech scene in your city in five years?
More mature, more geared towards inclusive development, less quality due to university spin-offs.
Nathan van den Dool, CEO, Space4Good
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
High-tech systems and materials, the very high-tech and deep-tech stuff that either leads to scientific breakthroughs or makes scientific breakthroughs into businesses. Lithography, as well as medical products and production technologies, make a significant contribution to this.
Which are the most interesting startups in your city?
Nearfield Instruments, Optiflux, Dynaxion, AlphaBeats, Incooling.
How are the tech investors? What is the investment scene like in your city? What is your focus?
They mainly focus on high-tech engineering and software development, AI.
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
Largely unaffected.
Where do you see the tech scene in your city in five years?
More integrated between AI and hardtech and production.
Pepijn Herman, Venture Builder, Brabantse Ontwikkelings Maat Schappij
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
The professionals are high-tech systems, a culture of collaboration and an excellent startup ecosystem; The disadvantages are that it is a small region with limited global visibility.
Which are the most interesting startups in your city?
LionVolt, DENS, Lightyear, Morphotonics.
How are the tech investors? What is the investment scene like in your city? What is your focus?
They mainly focus on high-tech engineering and software development, AI.
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
Others will move in! Housing is extremely expensive, but the need for skilled workers is extremely high. When people move into the surrounding areas within 30 km, house prices explode everywhere.
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
BOM (that's us!), Braventure, Brainport Development, TNO.
Where do you see the tech scene in your city in five years?
World leader in several areas of technology, mainly high-precision atomic layer deposition from roll to roll, material handling, Industry 4.0, silicon processing plants.
Betsy Lindsey, CFO, Aircision
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
The region is strong in the areas of deep tech, automotive technology, sustainability technology, medical technology, big data, hardware and precision engineering. Most enthusiastic about sustainability technology and deep tech. The region is weak in the fintech sector.
Which are the most interesting startups in your city?
Lightyear, hypothermia.
How are the tech investors? What is the investment scene like in your city? What is your focus?
Conservative, risk-free – there are so many subsidies that you don't have to take any chances. So when the technical risk is gone, they're good, but they're not global enough; Hardware.
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
Hardware becomes tangible – people are still moving in! We have a housing "crisis"!
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
Innovation industries.
Where do you see the tech scene in your city in five years?
Mature startups and scale-ups in the scene!
Andy Lurling, founding partner, LUMO Labs
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
The region is strong in sustainable cities, health and wellbeing, and education.
Which are the most interesting startups in your city?
FruitPunch AI, AlphaBeats, Vaulut, Lightyear, Serendipity.
How are the tech investors? What is the investment scene like in your city? What is your focus?
Mainly hardware; LUMO Labs has an early software focus.
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
Stay.
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
Nard Sintenie, Frank Claassen, Hans Bloemen.
Where do you see the tech scene in your city in five years?
Competition on a global level.
Han Dirkx, CEO and co-founder of AlphaBeats
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
The region is strong in deep tech and health. I am looking forward to opportunities for cooperation between different companies. It is weak in seed capital investments.
Which are the most interesting startups in your city?
Lightyear, AlphaBeats, Carbyon, FruitPunch, Serendipity.
How are the tech investors? What is the investment scene like in your city? What is your focus?
Tech investors are mostly government-regulated constitutions or angels. Focus on scale-up.
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
You will stay; Working from home has some advantages, but meeting people in an inspiring environment offers the best synergy.
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
LUMO Labs, HighTechXL, Andy Lurling, Sven Bakkes, John Bell, Guus Frericks, Bert-Jan Woertman.
Where do you see the tech scene in your city in five years?
Leadership in the world.
Jonas Onland, Managing Partner, Serendipity
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
The region is strong in building sustainable and resilient cities and as a platform between cities / society and the technology market.
Which are the most interesting startups in your city?
Digital Toolbox (a spin-off from Serendipity), Amber (mobility), Active Esports Arena, and other portfolio companies of LUMO Labs.
How are the tech investors? What is the investment scene like in your city? What is your focus?
LUMO Labs focuses on social investments; the rest are investments in high-tech due to the large industries (VDLK, ASML, NXP, Phillips).
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
Work at home or mix in the office and at home.
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
A combination of accelerators (LUMO Labs, HighTechXL, Braventure) and Brainport (ecosystem management), supported by the Technical University of Eindhoven and large companies.
Where do you see the tech scene in your city in five years?
World leader in social / systemic change – from high-tech to impact (more software and digitization).
Daan A. J. Kersten, CEO, PhotonFirst
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
It is strong in high-tech devices, hardware, photonics, additive manufacturing, lighting, electronics, semiconductor technology, and healthcare technology, and weak in consumer products and apps.
Which are the most interesting startups in your city?
Lightyear, ELEO Technologies, EFFECT Photonics, SMART Photonics, PhotonFirst, Amber.
How are the tech investors? What is the investment scene like in your city? What is your focus?
There is a relatively small number of early stage investors.
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
You will stay. Eindhoven is a hot spot with many cultures, international tech community and great infrastructure, all while feeling like a village.
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
Nard Sintenie, startup founder, HighTechXL.
Where do you see the tech scene in your city in five years?
Worldwide dominance in high-tech hardware scale-ups.
Daniel den Boer, CEO and Co-Founder, Vaulut
In which industries is your tech ecosystem strong? What are you looking forward to the most? In what is it weak?
The Eindhoven ecosystem is really strong in the areas of mobility, smart city and energy. I am most excited about Smart City. This is our focus sector and embodies the cooperation of ecosystems with impact solutions.
Which are the most interesting startups in your city?
Vaulut, Roseman Labs, FruitPunch AI, Amber, Sendcloud, Lightyear.
How are the tech investors? What is the investment scene like in your city? What is your focus?
The investment scene is getting better. They are increasingly realizing that deep tech takes time and needs to be maintained, but the potential impact is massive and can have dramatic effects on the entire ecosystem. There are still relatively few investors who are involved in the early stages of impact drives. LUMO Labs is a leader on this front.
With the switch to remote work during the COVID-19 pandemic, will people stay in your city, move out, or will others move in?
I think more people will stay because of the need to move to Amsterdam as the technology center of the Netherlands wears off, which gives Eindhoven a boost to strengthen its own ecosystem, which in turn will lead to even more People stay and people attract to the city. As a result, I believe that COVID-19 will have a positive impact on the Eindhoven tech ecosystem.
Who are the most important startup people in your city (e.g. investors, founders, lawyers, designers, etc.)?
LUMO Labs, Eindhoven University of Technology, High Tech Campus, Amber, Brainport Eindhoven.
Where do you see the tech scene in your city in five years?
I believe that in five years Eindhoven will have developed into the second largest technology ecosystem in the Netherlands after Amsterdam. At the European level, Eindhoven will have reached the top 10.
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