About LIOF
LIOF, an accelerator and incubator program founded in 1975, is based in Maastricht, Netherlands. With a presence in 4 countries, it has supported around 35 startups in sectors like Life Sciences, High Tech. As of Jul 2026, LIOF has witnessed 5 portfolio exits. Most notable companies in
its portfolio include Mosa Meat, Vertoro and Grassa. The program is backed by a team of 53 people who primarily support Seed startups based in Netherlands. Its latest investment was a $19.7M Series B round in Vertoro on Jun 18, 2026, which also saw participation from Climate Tech Partners and Maersk.
Key Metrics
Founded Year
1975
Location
Maastricht, Netherlands
Sectors of Investment
Stages of Investment
Seed, Series A & 3 more
Locations of Investment
LIOF's List of Top Investments
LIOF has a portfolio of 35 companies. Their most notable investments are in Healix and Embrosa.Their portfolio spans across Netherlands, United Kingdom, Germany and 1 more locations. They have invested in Life Sciences, High Tech, Food and Agriculture Tech and 15 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by LIOF:1. Mosa Meat
Produces and supplies meat alternatives. Its product offering is lab-cultured beef. The company claims to develop its product from a single cow cell processing it in a bioreactor.
Key facts about Mosa Meat
- Founded Year: 2015
- Location: Maastricht (Netherlands)
- Stage: Series C
- Total Funding till date: $171M
- Employee Count: 120 as on May 31, 2026
- Investors: New Crop Capital, Target Global and 29 Others
- Latest Funding Round: Series C, Dec 24, 2025, $*****
- Highlight: Editors' Pick

2. Vertoro
Producer of bio fuels from waste. It produces a range of green chemicals, materials, and fuels from woody and agricultural residues, aiming to revolutionize the oil industry with a sustainable alternative to fossil resources.
Key facts about Vertoro
- Founded Year: 2005
- Location: Geleen (Netherlands)
- Stage: Series B
- Total Funding till date: $20.3M
- Employee Count: 16 as on May 31, 2026
- Investors: Maersk Growth, SHIFT Invest and 7 Others
- Latest Funding Round: Series B, Jun 18, 2026, $*****
3. Grassa
Key facts about Grassa
- Founded Year: 2014
- Location: De Punt (Netherlands)
- Stage: Series A
- Total Funding till date: $6.16M
- Employee Count: 21 as on May 31, 2026
- Investors: LIOF, Oost NL and 4 Others
- Latest Funding Round: Series A, Mar 31, 2025, $*****

4. Qorium
Qorium is a company that focuses on producing real leather with minimal climate impacts and no animal impacts by removing the cow from leather production. Quorum offers public affairs software that helps manage relationships, collect donations, and file with ease. Quorum Federal Credit Union is an online credit union that provides banking products like high-yield savings accounts and home loans. Quorum Software offers innovative solutions for planning, operations, accounting, and logistics in the oil and gas industry.
Key facts about Qorium
- Founded Year: 2021
- Location: Maastricht (Netherlands)
- Stage: Series B
- Total Funding till date: $28.5M
- Employee Count: 33 as on May 31, 2026
- Investors: Sofinnova Partners, Invest-NL and 2 Others
- Latest Funding Round: Series B, Nov 11, 2025, $*****
5. Bioactor
Developer of ingredients for dietary supplements, medical nutrition, and functional food. The product categories include arterial health, gut health, vitality, digestive health, bone health, sports nutrition, and cholesterol management. The company has a portfolio of 7 products, a few of which include Naxus (gut digestive health), Actiful (vitality), Bonolive (bone health), and others.
Key facts about Bioactor
- Founded Year: 2005
- Location: Maastricht (Netherlands)
- Stage: Acquired
- Total Funding till date: $2.87M
- Employee Count: 21 as on May 31, 2026
- Investors: LIOF, ScaleUpNation and 3 Others
- Latest Funding Round: Series A, 2012, $*****
- Highlight: Acquired
LIOF's Year-on-Year Investment Trends
LIOF has invested in 35 companies over the last 17 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Jun 2026, it has made 2 investments in this year. Its most recent first time investment was in MAECONOMY and most recent follow-on round was in Vertoro.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 4 | 1 | 5 |
2024 | 2 | 0 | 2 |
2023 | 4 | 0 | 4 |
2022 | 3 | 0 | 3 |
2021 | 0 | 2 | 2 |
2020 | 1 | 0 | 1 |
2019 | 5 | 0 | 5 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
LIOF's Investments by Stage
LIOF has made 13 investments in Seed stage with an average round size of $1.27M, 10 investments in Series A stage with an average round size of $4.22M, 4 investments in Series B stage with an average round size of $12.1M, 2 investments in Series C stage with an average round size of $24.3M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 10 |
Series B | 4 |
Series C | 2 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
LIOF's Investments by Sector
LIOF has a diverse portfolio, with companies operating in the Life Sciences, High Tech, Sustainability Tech, Enterprise Applications and Food and Agriculture Tech. Notably, it has invested in 27 Tech companies, 26 Enterprise (B2B) companies, 12 Software companies and at least 8 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Life Sciences | 13 |
High Tech | 10 |
Sustainability Tech | 9 |
Enterprise Applications | 5 |
Food and Agriculture Tech | 5 |
Others | 19 |
Note: We have considered here, only first round of investments
LIOF's Investments by Geography
LIOF has made most investments in Netherlands (27), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
Netherlands | 27 |
United Kingdom | 2 |
United States | 1 |
Note: We have considered here, only first round of investments
LIOF's recent investments
LIOF has made 2 investments in 2026 so far - Vertoro and MAECONOMY.Here are the most recent investments by LIOF:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 18, 2026 | Netherlands | Series B | 6708 | ||
Apr 10, 2026 | United States | Seed | 8813 | ||
Dec 24, 2025 | Netherlands | Series C | 1094 | [+2] | |
Nov 11, 2025 | Netherlands | Series B | 8938 | [+2] | |
Jul 14, 2025 | Netherlands | Series A | 9963 |
Acquired companies in LIOF's Portfolio
5 companies from LIOF's portfolio have been acquired. The most recent acquisition was Accerion in Jan 2025 by Sick for $*****.Here are LIOF's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 27, 2025 | Jun 25, 2019 | Series A | 9780 | |
Jan 13, 2023 | Jul 25, 2011 | Series A | 2451 | |
Jun 23, 2017 | - | - | 8504 | |
Mar 15, 2016 | - | - | 7846 | |
Dec 08, 2014 | May 20, 2011 | Series C | 2506 |
Team profile of LIOF
LIOF has a team of 53 members including 2 Partners and 4 Principals located in Netherlands. LIOF's team does not sit on the board of any company as of now.Here is a list of top team members in LIOF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Netherlands | - | ||
Partner | Netherlands | - | ||
Principal | Netherlands | - | ||
Principal | Netherlands | - | - | |
Principal | Maastricht | - | ||
Principal | Maastricht | - |
Co-investors of LIOF
Over the past 17 years, 77 investors have co-invested in LIOF's portfolio companies. This includes funds and angels.
- Invested before LIOF: Brightlands Venture Partners, Europa and 29 others have invested in rounds before LIOF. There are 6 companies where Brightlands Venture Partners has invested before LIOF and 4 companies where Europa has invested before LIOF.
- Top Co-investors of LIOF: 33 investors entered a company along with LIOF. These include investors like Brightlands Venture Partners (8 companies).
- Invested after LIOF: A total of 13 investors have invested in LIOF's portfolio after their investments. Top Investors include Europa (5 companies) and SHIFT Invest (1 company).
Recent News related to LIOF
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MAECONOMY Raises €1.5M To Grow Circular Building Materials PlatformStartup Rise EU•Apr 10, 2026•LIOF, LUMO Labs
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Mosa Meat Secures €15M Funding After Meatable Shutdown, Achieves 99.999% Cost CutEU-Startups•Dec 23, 2025•Mosa Meat, Just Eat Takeaway, Invest-NL, LIOF and 3 others
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Keen Venture Partners Secures €150M for Europe-Focused Defence FundStartup Rise EU•Nov 18, 2025•TNO, LIOF, European Investment Fund, Abn Amro and 1 other
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Qorium Secures €22m Investment to Accelerate Cultivated Leather CommercialisationFinancial Post•Nov 11, 2025•Qorium, Invest-NL, Sofinnova Partners, LIOF and 3 others
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Dutch firm Novenda Technologies bags $5.6m for dental 3D printingTech in Asia•Jul 09, 2025•Noveda, Brightlands Venture Partners, KBC Securities, Borski Fund and 1 other
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Novenda Technologies Secures $6.1M to Revolutionize Dental Accessibility with 3D PrintingGlobeNewswire•Jul 09, 2025•Novenda, Brightlands Venture Partners, KBC Securities, Borski Fund and 1 other
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Hy2Care Secures €4.5 Million for US Clinical TrialStartup Rise EU•May 16, 2025•Hy2Care, European Innovation Council, Brightlands Venture Partners, LIOF
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S&dB Secures EIT Food Funding for Regenerative Agriculture Techigrownews.com•Apr 16, 2025•S+dB, Brightlands Venture Partners, LIOF, Gs Fresh and 4 others
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