A Dutch consortium led by Invest-NL and FORWARD.one, and further consisting of the University of Twente Holding, Oost NL and PhotonDelta, is investing 3.5 million euros in the growth ambitions of LioniX International, an Enschede-based player in customized microsystem solutions. The consortium sees its investment in LioniX International as an illustration of its strong commitment to strengthening the Dutch Deep Tech ecosystem and ChipTech Twente in particular.
LioniX International is at the forefront of designing and manufacturing cutting-edge custom microsystems, photonics, sensing and microelectromechanical systems (MEMS). The company has developed a leading integrated photonics technology platform (TriPleX®) that enables the development of applications ranging from AR/VR, (bio)sensing and telecom to photonic quantum computing. Its advanced solutions are critical to advancing technologies for a range of industries, including healthcare, aerospace, defense and telecommunications.
As a vertically integrated key player within the Dutch Deep Tech ecosystem, the company offers full module development and manufacturing to its OEM customers with services such as microfabrication, packaging and assembly, prototyping, test and characterization and engineering design. This module development is based on an extensive library of validated building blocks from which custom modules are built.
“We are very pleased to announce this investment in LioniX International together with these leading Dutch shareholders,” said Arne Leinse, CEO of LioniX International. “This group of investors enables further growth for LioniX International in the future. We are excited to continue to develop and deliver advanced microsystems solutions to our current and new customers around the world.”
“This investment is an exciting step forward for both LioniX International and the Dutch technology industry as a whole. It fits perfectly with the ambitions of our Deep Tech Fund, which aims to invest in knowledge-intensive start-ups and scale-ups that have the potential to to lift innovation in the Netherlands to a higher level,” says Leo Holwerda, Director of Capital at Invest-NL.
Paul Pruijmboom, General Partner at FORWARD.one, said: “LioniX has developed a technology at the forefront of photonics with numerous potential applications. As a high-quality Dutch deeptech company, LioniX is an example of the Netherlands’ innovative potential and we are happy to be part of the company’s future success.”
Chimwemwe de Gaay Fortman, Director Capital at East NL: “With this investment in LioniX, we are strengthening our position in chip technology in the eastern Netherlands. Together we have built a strong Dutch photonics cluster with global impact.”
Ellen Velthuis, CFO of the University of Twente Holding: “This investment in LioniX International further enhances the technical ecosystem in Twente and will help to further establish Twente as one of the most important photonics and quantum technology hubs in Europe. We are pleased to make this investment together with Dutch partners, thereby strengthening not only Lionix, but also the Dutch ecosystem.”
The Ministry of Economy and Climate Policy and Invest-NL launched their Deep Tech Fund (DTF) earlier in 2022. The DTF wants to invest in companies with innovative, complex technologies like LioniX. These investments are crucial for the future of the Dutch economy and contribute more specifically to the goal of strengthening knowledge and innovation in the Netherlands and the EU. In a highly competitive global market, it is more important than ever to build a strong and leading Deep Tech ecosystem.