PDENH

PDENH is an investment management firm based in Amsterdam, Noord-Holland, that focuses on venture capital and private equity investments. Founded in 2014, the firm aims to identify and support innovative companies and projects, providing the necessary capital and expertise to foster growth and development in various sectors.

Joost de Waard

Investment Manager

Past deals in Benelux

Thorizon

Series A in 2025
Thorizon is a deep-tech startup spun off from the Dutch Nuclear Research Institute, with offices in Amsterdam and Lyon. It is developing thorium molten salt reactor technology designed to provide a responsible, carbon-free energy source by using long-lived nuclear waste and thorium as fuel, with a focus on safety and circularity. The company aims to deliver a scalable demonstration and to begin constructing a first-of-a-kind reactor by 2030, named Thorizon One. It collaborates with industry leaders including Orano, Tractebel, and EDF and has been recognized as a laureate in the France 2030 program for advanced nuclear projects.

EST-Floattech

Venture Round in 2024
EST-Floattech develops and manufactures intelligent energy storage systems based on lithium polymer batteries, primarily serving the maritime industry. Founded in 2009, the company is headquartered in Medemblik, the Netherlands.

E-magy

Series A in 2023
E-magy is an advanced materials company based near Amsterdam, The Netherlands, specializing in the supply of nano-porous silicon for high-energy lithium-ion batteries. The company's innovative silicon product offers a 40% increase in energy density and is designed to be compatible with existing Gigafactory production lines, allowing for scalable manufacturing. E-magy employs a team of specialists with over 20 years of experience in silicon crystallization, focusing on enhancing battery performance for automotive and battery manufacturers. By utilizing an efficient silicon crystallization process along with standard post-processing steps, E-magy aims to deliver batteries that support long-range capabilities and fast charging at competitive costs, ultimately contributing to the advancement of clean, electrically-powered mobility.

Fairphone

Venture Round in 2023
Fairphone is a company based in Amsterdam, established in 2010 by Bas van Abel, that focuses on creating ethically sourced smartphones. These devices are designed for basic functionalities such as calling, texting, and internet browsing. Fairphone emphasizes a completely transparent supply chain, ensuring that the materials used in their smartphones are sourced responsibly. This approach allows consumers to contribute positively to social and environmental outcomes throughout the entire life cycle of the phone, from production to disposal.

Thorizon

Venture Round in 2022
Thorizon is a deep-tech startup spun off from the Dutch Nuclear Research Institute, with offices in Amsterdam and Lyon. It is developing thorium molten salt reactor technology designed to provide a responsible, carbon-free energy source by using long-lived nuclear waste and thorium as fuel, with a focus on safety and circularity. The company aims to deliver a scalable demonstration and to begin constructing a first-of-a-kind reactor by 2030, named Thorizon One. It collaborates with industry leaders including Orano, Tractebel, and EDF and has been recognized as a laureate in the France 2030 program for advanced nuclear projects.

The Next Closet

Venture Round in 2021
The Next Closet is an online peer-to-peer marketplace based in the Netherlands that specializes in secondhand designer clothing and accessories. Positioned as a sustainable alternative in the fashion industry, the company allows users to sell their unused designer pieces while providing an opportunity for others to purchase unique items at competitive prices. By facilitating this exchange, The Next Closet aims to promote sustainability and reduce waste in the fashion sector, making a lasting impact on consumer habits. The platform is designed to be user-friendly, enabling individuals to easily manage their own "closets" and contribute to a circular fashion economy.

E-magy

Venture Round in 2021
E-magy is an advanced materials company based near Amsterdam, The Netherlands, specializing in the supply of nano-porous silicon for high-energy lithium-ion batteries. The company's innovative silicon product offers a 40% increase in energy density and is designed to be compatible with existing Gigafactory production lines, allowing for scalable manufacturing. E-magy employs a team of specialists with over 20 years of experience in silicon crystallization, focusing on enhancing battery performance for automotive and battery manufacturers. By utilizing an efficient silicon crystallization process along with standard post-processing steps, E-magy aims to deliver batteries that support long-range capabilities and fast charging at competitive costs, ultimately contributing to the advancement of clean, electrically-powered mobility.

S4 Energy

Debt Financing in 2020
S4 Energy is a Netherlands-based company that specializes in developing and delivering customized energy storage solutions aimed at stabilizing the supply and demand of renewable energy. Founded in 2010 and headquartered in Rotterdam, S4 Energy collaborates with grid operators, energy consumers, and renewable energy sources. The company offers a range of services, including frequency containment reserve services for the Dutch grid operator TenneT TSO, and it manufactures KINEXT units in Almelo. S4 Energy provides comprehensive solutions encompassing design, construction, and maintenance, along with software that analyzes energy flows for optimized management. Its hardware offerings include various storage technologies such as kinetic storage (flywheels), chemical storage (batteries), electrolytic storage (capacitors), and power conversion systems. By integrating innovative technologies with economic insights, S4 Energy focuses on delivering reliable and cost-effective energy solutions for energy generation, transport, distribution, industrial consumers, and public infrastructure.

E-magy

Venture Round in 2020
E-magy is an advanced materials company based near Amsterdam, The Netherlands, specializing in the supply of nano-porous silicon for high-energy lithium-ion batteries. The company's innovative silicon product offers a 40% increase in energy density and is designed to be compatible with existing Gigafactory production lines, allowing for scalable manufacturing. E-magy employs a team of specialists with over 20 years of experience in silicon crystallization, focusing on enhancing battery performance for automotive and battery manufacturers. By utilizing an efficient silicon crystallization process along with standard post-processing steps, E-magy aims to deliver batteries that support long-range capabilities and fast charging at competitive costs, ultimately contributing to the advancement of clean, electrically-powered mobility.

EST-Floattech

Venture Round in 2019
EST-Floattech develops and manufactures intelligent energy storage systems based on lithium polymer batteries, primarily serving the maritime industry. Founded in 2009, the company is headquartered in Medemblik, the Netherlands.

Fairphone

Venture Round in 2018
Fairphone is a company based in Amsterdam, established in 2010 by Bas van Abel, that focuses on creating ethically sourced smartphones. These devices are designed for basic functionalities such as calling, texting, and internet browsing. Fairphone emphasizes a completely transparent supply chain, ensuring that the materials used in their smartphones are sourced responsibly. This approach allows consumers to contribute positively to social and environmental outcomes throughout the entire life cycle of the phone, from production to disposal.

Volgroen

Venture Round in 2018
Founded in 2011, Volgroen specializes in providing financial solutions for businesses aiming to reduce energy consumption. It facilitates investments in energy-saving technologies such as LED lighting and solar panels.

The Next Closet

Funding Round in 2018
The Next Closet is an online peer-to-peer marketplace based in the Netherlands that specializes in secondhand designer clothing and accessories. Positioned as a sustainable alternative in the fashion industry, the company allows users to sell their unused designer pieces while providing an opportunity for others to purchase unique items at competitive prices. By facilitating this exchange, The Next Closet aims to promote sustainability and reduce waste in the fashion sector, making a lasting impact on consumer habits. The platform is designed to be user-friendly, enabling individuals to easily manage their own "closets" and contribute to a circular fashion economy.

Brouwerij de 7 Deugden

Debt Financing in 2017
Brouwerij de 7 Deugden is a brewery located in the west of Amsterdam, specializing in the production of beers infused with herbs and spices. The brewery focuses on creating customized beers using biological raw materials, ensuring a unique flavor profile that highlights the natural tastes of the ingredients. Additionally, Brouwerij de 7 Deugden features a tasting room that provides an inclusive environment for individuals who may find regular employment challenging. This initiative not only enhances the customer experience for beer enthusiasts but also promotes social responsibility by supporting those in need of alternative work opportunities.
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