About DeepTechXL
DeepTechXL is a venture capital firm founded in 2021. It is primarily based out of Eindhoven, Netherlands. As of Jul 2026, DeepTechXL has invested in 7 companies. It primarily invests in Seed round in Netherlands based startups. Its investments are spread across a wide range of sectors from High Tech to Consumer and Semiconductors. Most recently it participated in the $***** Series A round of Keiron A lot of funds co-invest with DeepTechXL, with names like BOM sharing a substantial percentage of its portfolio. DeepTechXL has team of 10 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed & Series A
DeepTechXL's List of Top Investments
DeepTechXL has a portfolio of 7 companies. Their most notable investments are in TracXon and SandGrain.Their portfolio spans across and Netherlands. They have invested in High Tech, Consumer, Semiconductors and 4 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by DeepTechXL:Provider of flexible microprocessors for quantum computing. It develops superconducting integrated circuits and cryogenic instrumentation for purposes in quantum computing, and astronomy. It also provides ultra-low thermal conductance cryogenic cabling and compact cryogenic circuit packaging solutions. The company holds an in-house fabrication facility.
Key facts about Delft Circuits
- Founded Year: 2016
- Location: Delft (Netherlands)
- Stage: Series A
- Total Funding till date: $6.76M
- Employee Count: 54 as on Sep 30, 2026
- Investors: EIC Fund, YES!Delft and 5 Others
- Latest Funding Round: Series A, Sep 07, 2023, $*****
- Highlight: Editors' Pick
2. SandGrain
Provider of cyber security solutions for IoT devices. They provides a revolutionary solution to the challenge of secure IoT end nodes with a simple system and at a very low cost. They will have its unique ID per IC based on a hard-coded hardware solution, providing higher reliability and robustness to hacking at a significantly lower cost. Integration with a secure cloud platform ensures absolute authentication.
Key facts about SandGrain
- Founded Year: 2019
- Location: Eindhoven (Netherlands)
- Stage: Series A
- Total Funding till date: $17.2M
- Employee Count: 24 as on Sep 30, 2026
- Investors: Innovation Industries, DeepTechXL and 1 Other
- Latest Funding Round: Series A, Dec 09, 2025, $*****
3. Keiron
Key facts about Keiron
- Founded Year: 2019
- Location: Eindhoven (Netherlands)
- Stage: Series A
- Total Funding till date: $11.7M
- Employee Count: 41 as on Sep 30, 2026
- Investors: Cottonwood Technology Fund, HighTechXL and 7 Others
- Latest Funding Round: Series A, Jul 31, 2026, $*****
4. TracXon
Manufacturer of printed electronic boards. It designs and develops printed circuit boards using sheet-to-sheet and roll-to-roll technology. Its products have applications in the healthcare, automotive, and consumer electronics industries.
Key facts about TracXon
- Founded Year: 2021
- Location: Eindhoven (Netherlands)
- Stage: Seed
- Total Funding till date: $6.69M
- Employee Count: 22 as on Sep 30, 2026
- Investors: 819 Capital Partners, Invest-NL and 2 Others
- Latest Funding Round: Seed, Sep 14, 2026, $*****
Developer of supercontinuum lasers for optical coherence tomography and spectroscopy. The company’s products include portable wideband lasers, full-spectrum SWIR laser light sources, and ultrafast pulse lasers. These lasers are designed for applications in medical imaging, industrial, laboratory, and field use. The company’s technology is based on patterned alternating dispersion mechanisms.
Key facts about SuperLight Photonics
- Founded Year: 2022
- Location: Enschede (Netherlands)
- Stage: Seed
- Employee Count: 11 as on Sep 30, 2026
- Investors: Hamamatsu Photonics, DeepTechXL and 1 Other
- Latest Funding Round: Seed, Oct 15, 2024, $*****
DeepTechXL's Year-on-Year Investment Trends
DeepTechXL has invested in 7 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 3 investments, while as of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in TracXon and most recent follow-on round was in Keiron.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 2 | 1 | 3 |
2024 | 0 | 0 | 0 |
2023 | 3 | 0 | 3 |
2022 | 2 | 0 | 2 |
DeepTechXL's Investments by Stage
DeepTechXL has made 6 investments in Seed stage with an average round size of $2.63M and 1 investment in Series A stage with an average round size of $6.76M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 1 |
Note: We have considered here, only first round of investments
DeepTechXL's Investments by Sector
DeepTechXL has a diverse portfolio, with companies operating in the High Tech, Industrial Goods and Manufacturing, Semiconductors, Business Services and Consumer. Notably, it has invested in 5 Enterprise (B2B) companies, 5 Tech companies, 5 Tech hardware companies and at least 1 company focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 4 |
Industrial Goods and Manufacturing | 2 |
Semiconductors | 2 |
Business Services | 1 |
Consumer | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
DeepTechXL's Investments by Geography
DeepTechXL has made most investments in Netherlands (7).DeepTechXL's recent investments
DeepTechXL has made 1 investments in 2026 so far - Keiron.Here are the most recent investments by DeepTechXL:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 31, 2026 | Netherlands | Series A | 2088 | [+3] | |
Sep 05, 2025 | Netherlands | Seed | 8807 | [+1] | |
Aug 26, 2025 | Netherlands | Seed | 3775 | ||
Jul 16, 2025 | Netherlands | Seed | 6473 | ||
Sep 14, 2023 | Netherlands | Seed | 7856 |
Team profile of DeepTechXL
DeepTechXL has a team of 10 members including 3 Partners and 1 Principal located in Netherlands. DeepTechXL's team does not sit on the board of any company as of now.Here is a list of all team members in DeepTechXL:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Eindhoven | - | ||
Partner | Eindhoven | - | ||
Partner | Leiden | - | ||
Principal | Enschede | - | - |
Co-investors of DeepTechXL
Over the past 4 years, 19 investors have co-invested in DeepTechXL's portfolio companies. This includes only funds.
- Invested before DeepTechXL: EIC Fund, HTGF and 5 others have invested in rounds before DeepTechXL. There are 2 companies where EIC Fund has invested before DeepTechXL and 1 company where HTGF has invested before DeepTechXL.
- Top Co-investors of DeepTechXL: 6 investors entered a company along with DeepTechXL. These include investors like BOM (2 companies).
- Invested after DeepTechXL: A total of 6 investors have invested in DeepTechXL's portfolio after their investments. Top Investors include Innovation Industries (1 company), Invest-NL (1 company) and Ramphastos Investments (1 company).
Recent News related to DeepTechXL
•
IoT Security Specialist SandGrain Secures €13.5 Million BackingMobileWorldLive•Dec 09, 2025•SANDGRAIN STUDIO, HighTechXL, BOM, Innovative Industrial Properties and 4 others
•
Dutch Startup TracXon Secures €4.75 Million in Pre-Seed FundingStartup Rise EU•Sep 05, 2025•TracXon, DeepTechXL, Invest-NL, BOM and 1 other
•
Keiron raises €10M to launch world’s first industrialised LiFT printerSilicon Canals•Aug 26, 2025•TNO, DeepTechXL, Keiron, Innovation Credit Union and 1 other
•
InPhocal secures €5M to replace inkjet with laser marking techSilicon Canals•Jul 16, 2025•InPhocal, Cottonwood Technology Fund, DeepTechXL, Bank of Maharashtra and 1 other
•
Netherlands Invests €2.5 Billion in Eindhoven to Retain ASML and Boost Microchip SectorBNN•Mar 29, 2024•ASML, DeepTechXL
•
DeepTechXL can invest €110 million into Dutch photonics and quantumTechzine•Mar 14, 2024•DeepTechXL, ASML, PME pensioenfonds, BOM and 8 others
•
SuperLight Photonics secures seed funding in investment round with DeepTechXL and oost NLSemiconductor Today•Oct 30, 2023•DeepTechXL, SuperLight Photonics
•
SuperLight Photonics secures Seed investment for wideband laser developmentTech.eu•Sep 15, 2023•SuperLight Photonics, DeepTechXL, Oost NL, Oost NL
•
Philips, HighTechXL, others come together to launch new startup programme HealthTechXLSilicon Canals•Sep 13, 2023•Contact Philips, HighTechXL, BOM, DeepTechXL and 1 other
•
DTXL invests in the quantum technology scale-up Delft Circuits in a €6.3 million roundHTGF•Sep 07, 2023•Delft Circuits, HTGF, DTxL, DeepTechXL and 3 others
