About Waterman Ventures
Waterman Ventures is a venture capital firm located in Maarsbergen, Netherlands. As of Jan 2026, Waterman Ventures has invested in 21 companies. It primarily invests in Series A round in Netherlands based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Enterprise Applications. Most recently it participated in the $***** Series B round of Qualinx Overall, Waterman Ventures portfolio has seen 1 unicorn, 1 IPO and 4 acquisitions including key companies like JumpCloud, Ceradis and Yellow Door Energy. A lot of funds co-invest with Waterman Ventures, with names like Oost NL sharing a substantial percentage of its portfolio. Waterman Ventures has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Waterman Ventures' List of Top Investments
Waterman Ventures has a portfolio of 21 companies, one of which is a Unicorn. Their most notable investments are in Alveron Pharma and Alveron Pharma.Their portfolio spans across Netherlands, United States and United Arab Emirates. They have invested in High Tech, Life Sciences, Enterprise Applications and 14 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Waterman Ventures:
1. Chooch
AI-powered computer vision solutions. It provides tools that help businesses analyze visual data in real time to improve decision making and automate workflows. The platform supports applications including security monitoring, healthcare imaging, and industrial automation.
Key facts about Chooch
- Founded Year: 2015
- Location: San Mateo (United States)
- Stage: Series A
- Total Funding till date: $42.9M
- Employee Count: 76 as on Sep 30, 2026
- Investors: Deep Learning, EQUIAM and 9 Others
- Latest Funding Round: Series A, Nov 16, 2022, $*****
- Highlight: Editors' Pick
2. JumpCloud
Cloud based directory management for user and IT resource authentication. It is an unified open directory platform providing identity, access, and device management across multiple operating systems, enabling secure access to resources and applications. It connects employees with systems, applications, and other resources through a unified cloud based directory.
Key facts about JumpCloud
- Founded Year: 2012
- Location: Boulder (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $408M
- Employee Count: 1,002 as on Sep 30, 2026
- Investors: Sapphire Ventures, Comerica and 35 Others
- Latest Funding Round: Series F, Sep 03, 2021, $*****
- Highlight: Editors' Pick
Developer of proprietary implantable satellite organs. The company is involved in cell therapy and regenerative medicine by using synthetic biology and tissue engineering for living therapeutic solutions. The company is also involved in the development of hydrogel grafts and develop in vitro assays.
Key facts about Satellite Bio
- Founded Year: 2019
- Location: Cambridge (United States)
- Stage: Series A
- Total Funding till date: $110M
- Employee Count: 20 as on Aug 31, 2026
- Investors: Lightspeed Venture Partners, Catalio Capital Management and 5 Others
- Latest Funding Round: Series A, Feb 25, 2022, $*****
- Highlight: Editors' Pick
4. Qualinx
Developer of reconfigurable GNSS solutions for positioning, tracking, and timing. The company provides technology for flexible reconfigurability and ultra-low power consumption. It offers solutions for applications such as asset tracking, livestock management, and telecommunications. The company's products include analog front end receivers and dual band GNSS SOCs.
Key facts about Qualinx
- Founded Year: 2015
- Location: Delft (Netherlands)
- Stage: Series B
- Total Funding till date: $42.4M
- Employee Count: 71 as on Aug 31, 2026
- Investors: Waterman Ventures, InnovationQuarter and 4 Others
- Latest Funding Round: Series B, Jan 06, 2026, $*****
- Highlight: Editors' Pick
5. Ceradis
Innovative crop protection and plant nutrition solutions for sustainable agriculture. The company develops and markets environmentally friendly solutions for plant nutrition and crop protection, focusing on creating safer food. Their diversified portfolio caters to various climate zones, offering unique formulations designed for sustainable and organic farming. The core business revolves around formulation technology, ensuring optimal activity of ingredients and excellent handling for end-users. They offer multiple products and services in crop protection and plant nutrition. The company's products are cleaner and safer for users and the environment, providing a comparable price/performance ratio to conventional options. They are committed to innovation in formulation for environmentally sound agriculture, reducing the rate of chemical use per hectare of farmland and lowering residues on crops.
Key facts about Ceradis
- Founded Year: 2005
- Location: Wageningen (Netherlands)
- Stage: Acquired
- Total Funding till date: $15.8M
- Employee Count: 20 as on Sep 30, 2026
- Investors: Rabo Equity Advisors, Van Herk Groep and 8 Others
- Latest Funding Round: Grant (prize money), Aug 12, 2025, $*****
- Highlight: Acquired
Waterman Ventures' Year-on-Year Investment Trends
Waterman Ventures has invested in 21 companies over the last 7 years, with an average of 1 new investment annually in the last 5 years. As of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Qualinx and most recent follow-on round was in Qualinx.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 1 | 2 |
2022 | 3 | 0 | 3 |
2021 | 2 | 1 | 3 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
Waterman Ventures' Investments by Stage
Waterman Ventures has made 6 investments in Series A stage with an average round size of $25.3M, 2 investments in Series B stage with an average round size of $16.3M and 1 investment in Series F stage with an average round size of $225M.Stage of entry | No. of Investments |
|---|---|
Series A | 6 |
Series B | 2 |
Series F | 1 |
Note: We have considered here, only first round of investments
Waterman Ventures' Investments by Sector
Waterman Ventures has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Enterprise Applications, Sustainability Tech and Artificial Intelligence - Industry Applications. Notably, it has invested in 12 Enterprise (B2B) companies, 12 Tech companies, 7 Software companies and at least 4 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 4 |
Life Sciences | 4 |
Enterprise Applications | 2 |
Sustainability Tech | 2 |
Artificial Intelligence - Industry Applications | 1 |
Others | 10 |
Note: We have considered here, only first round of investments
Waterman Ventures' Investments by Geography
Waterman Ventures has made most investments in Netherlands (5), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Netherlands | 5 |
United States | 4 |
Note: We have considered here, only first round of investments
Waterman Ventures' recent investments
Waterman Ventures has made 1 investments in 2026 so far - Qualinx.Here are the most recent investments by Waterman Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 06, 2026 | Netherlands | Series B | 4545 | [+2] | |
Oct 19, 2023 | Netherlands | Series A | 6462 | [+1] | |
Feb 21, 2023 | Netherlands | Series A | 9961 | [+1] | |
Nov 16, 2022 | United States | Series A | 3553 | [+3] | |
Nov 03, 2022 | United States | Series A | 2066 | [+12] |
Unicorns in Waterman Ventures' Portfolio
Waterman Ventures has 1 unicorn in its portfolio - JumpCloud. The most recent unicorn in their portfolio is JumpCloud which became a unicorn in 2021.Here is a list of unicorns in Waterman Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
62 | Cloud based directory management for user and IT resource authentication | 2012 | Boulder | Series F | fxemcsi |
IPOs and Publicly Listed companies in Waterman Ventures' Portfolio
1 of Waterman Ventures' portfolio company became public - Nilar.Here are Waterman Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 9649 |
Acquired companies in Waterman Ventures' Portfolio
4 companies from Waterman Ventures' portfolio have been acquired. The most recent acquisition was Ceradis in Oct 2025 by Gowanco for $*****.Here are Waterman Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 07, 2025 | Apr 15, 2019 | Series B | 2842 | |
Jul 29, 2022 | - | - | 6949 | |
Aug 30, 2021 | - | - | 5743 | |
Feb 23, 2018 | - | - | 2435 |
Team profile of Waterman Ventures
Waterman Ventures has a team of 4 members including 2 Partners located in Netherlands. Waterman Ventures' team does not sit on the board of any company as of now.Co-investors of Waterman Ventures
Over the past 7 years, 70 investors have co-invested in Waterman Ventures's portfolio companies. This includes only funds.
- Invested before Waterman Ventures: Europa, Capital Innovators and 26 others have invested in rounds before Waterman Ventures. There are 2 companies where Europa has invested before Waterman Ventures and 1 company where Capital Innovators has invested before Waterman Ventures.
- Top Co-investors of Waterman Ventures: 32 investors entered a company along with Waterman Ventures. These include investors like Oost NL (2 companies).
- Invested after Waterman Ventures: A total of 10 investors have invested in Waterman Ventures's portfolio after their investments. Top Investors include Invest-NL (1 company), Military Health (1 company) and Menlo Ventures (1 company).
Recent News related to Waterman Ventures
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Delft’s Qualinx raises €20M to bring ultra-low-power GNSS chip to marketBits&Chips•Jan 06, 2026•Qualinx, Waterman Ventures, InnovationQuarter, Invest-NL and 1 other
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Alveron Pharma Announces Close of €5M Seed Extension Financing, led by Broadview Ventures, to Accelerate Breakthrough Therapy for Intracranial HaemorrhageBusiness Wire•Dec 06, 2024•Alveron Pharma, Broadview Ventures, Thuja Capital, Waterman Ventures and 4 others
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Qualinx Secures $20 Million To Power Revolutionary GNSS IoT Wireless TechnologyElectronicsB2B•Oct 23, 2023•Qualinx, InnovationQuarter, Waterman Ventures, Rijksdienst voor Ondernemend Nederland
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Qualinx raises $10.2m to speed up GNSS IoT radio SoC launchEvertiq•Oct 20, 2023•Qualinx, FORWARD.one, InnovationQuarter, Waterman Ventures and 1 other
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Vickers Venture Partners leads Series A round in US-based Chooch AIKrASIA•Aug 08, 2023•Chooch, Vickers Venture Partners, 212 Vc, Streamlined Ventures and 3 others
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Computer vision startup Chooch.ai scores $20M Series ATechCrunch+•Aug 08, 2023•Chooch, Vickers Venture Partners, 212 Vc, Streamlined Ventures and 4 others
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Delft-based Qualinx raises €8M to market ultra-low power tracking chipbits-chips.nl•Feb 21, 2023•Qualinx, FORWARD.one, InnovationQuarter, Waterman Ventures and 3 others
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Satellite Bio Raises USD110M In Seed and Series A FundingFinSMEs•Apr 20, 2022•Satellite Bio, aMoon, Lightspeed Venture Partners, Polaris Partners and 4 others
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JumpCloud Closes Out $225M with Additional $66MHostingJournalist•Oct 19, 2021•JumpCloud, Atlassian, CrowdStrike, Ntt Docomo Ventures and 9 others
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Cash round sets up trial of InteRNA’s microRNA for cancerpharmaphorum•Feb 09, 2021•InteRNA Technologies, Aurora Science, Waterman Ventures, Aglaia and 2 others
