HighTechXL

HighTechXL is a deep-tech venture builder, located in Eindhoven, the Netherlands. HighTechXL was established in 2014-15 on the High Tech Campus Eindhoven.[1] HighTechXL is supported by the Eindhoven Startup Alliance, a dedicated partnership including ASML, Philips, E&Y, NTS, ABN Amro and several other stakeholders. The initial set-up of HighTechXL was to recruit and select startup teams that already have a promising technology with the potential to grow into a successful business, and support these teams with various resources. At a later stage, CERN, European Space Agency and other research institutes invited HighTechXL to build ventures from their high-tech inventions.[2] HighTechXL thus adapted its approach so that it could also start with a new (typically patented) technology, to subsequently build a team and support this team in developing the venture.[3] In the period 2015-2019, HighTechXL raised over 90 million € in funding and built 66 ventures, of which 17 are in the ‘star’ segment (i.e. ventures with at least 10 times ROI). In a recent report by Perception Box, HighTechXL is ranked in the top five of startup accelerators worldwide.[4]

See also

References
  1. Lomas, N., "Europe-based hardware accelerator, High Tech XL, targets IoT, robotics, graphene, med-tech & more", Techcrunch.com, August 21, 2013.
  2. Cornelissen, A., "HighTechXL launches ESA space technology on the market", Innovationorigins.com, February 10, 2020.
  3. Tieke, B., "The value of corporates working with startups: Lessons and opportunities in developing high-tech businesses with the HighTechXL startup accelerator", blog on Philips.com, 2017.
  4. Perception Box, "Our international top five list of startup accelerators."
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