HighTechXL
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
HighTechXL is a deep-tech venture builder, located in Eindhoven, the Netherlands. HighTechXL was established in 2014-15 on the High Tech Campus Eindhoven.[1] 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.”[2]
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.[3][4] 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.[5] In the period 2015-2019, HighTechXL raised over 90 million € in funding and built 66 ventures, of which 17 are in the ‘star’ segment (i.e. ventures with at least 10 times ROI). In a recent report by Perception Box, HighTechXL is ranked in the top five of startup accelerators worldwide.[6]
See also
- Deep tech
- Deep tech venture
- Business incubator
- Startup accelerator
- Y Combinator (company)
- Techstars
- 500 Startups
References
- ^ Lomas, N., "Europe-based hardware accelerator, High Tech XL, targets IoT, robotics, graphene, med-tech & more", Techcrunch.com, August 21, 2013.
- ^ De Vocht, H., "Eindhoven Startup Alliance", blog, May 25, 2015.
- ^ Cornelissen, A., "HighTechXL launches ESA space technology on the market", Innovationorigins.com, February 10, 2020.
- ^ Abbrescia, M. et al., "Supersensitive multipurpose/multifunctional avalanche gaseous detectors for environmental, hazard, intrusion systems (SMART)", paper presented at ATTRACT meeting, November, 2020.
- ^ 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.
- ^ Perception Box, "Our international top five list of startup accelerators."