HighTechXL is a deep-tech venture builder, located in Eindhoven, the Netherlands. HighTechXL was established in 2014-15 on the High Tech Campus Eindhoven. HighTechXL is supported by the Eindhoven Startup Alliance, a dedicated partnership including ASML, Philips, Ernst & Young, NTS, ABN Amro and several other stakeholders. For example, Peter Wennink (CEO of ASML) said in 2015: “In its turbulent early years, ASML experienced first-hand how important a support system is for a young company. Supporting HighTechXL is our way of giving back to the community. In addition, we have the experience that these young companies can contribute: startups are a great source of ideas. Strengthening the high-tech hardware ecosystem, finally, is in our interest because we rely on a network of innovative suppliers and technology partners to continue our technology leadership.”
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. 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. In a report by Perception Box, HighTechXL is ranked in the top five of startup accelerators worldwide. In 2022, the HighTechXL team also helped create a new venture capital fund focused on deep-tech ventures, called DeepTechXL.
Aug 21 2013See also
- Deep tech
- Deep tech venture
- Business incubator
- Startup accelerator
- Y Combinator (company)
- Techstars
- 500 Startups
External links
References
Lomas, N., "Europe-based hardware accelerator, High Tech XL, targets IoT, robotics, graphene, med-tech & more", Techcrunch.com, August 21, 2013. https://techcrunch.com/2013/08/21/high-tech-xl/ ↩
Romme, A.G.L., Bell, J. & Frericks, G. (2023), "Designing a deep-tech venture builder to address grand challenges and overcome the valley of death", Journal of Organization Design. https://doi.org/10.1007/s41469-023-00144-y https://doi.org/10.1007/s41469-023-00144-y ↩
De Vocht, H., "Eindhoven Startup Alliance", blog, May 25, 2015. https://blog.hightechcampus.com/htce/alliance-aims-to-stimulate-creation-of-high-growth-hardware-companies-in-the-netherlands ↩
Romme, Bell & Frericks (2023), ibid. https://doi.org/10.1007/s41469-023-00144-y ↩
Cornelissen, A., "HighTechXL launches ESA space technology on the market", Innovationorigins.com, February 10, 2020. https://innovationorigins.com/hightechxl-launches-esa-space-technology-on-the-market/ ↩
Abbrescia, M. et al., "Supersensitive multipurpose/multifunctional avalanche gaseous detectors for environmental, hazard, intrusion systems (SMART)", paper presented at ATTRACT meeting, November, 2020. https://arxiv.org/ftp/arxiv/papers/2011/2011.07297.pdf ↩
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. https://www.philips.com/a-w/research/blog/lessons-and-opportunities-in-developing-high-tech-businesses-with-the-hightechxl-startup-accelerator.html ↩
Perception Box, "Our international top five list of startup accelerators." https://perceptionbox.io/business/incubators-and-accelerators-for-startups/ ↩
Dutch government, "Deep-tech fund for knowledge-intensive start- and scale-ups launched", press announcement, 10 March 2022. https://www.rijksoverheid.nl/actueel/nieuws/2022/03/10/deep-tech-fonds-voor-kennisintensieve-start--en-scale-ups-gelanceerd ↩