Newion focuses on European business-to-business software start-ups and scale-ups with a global ambition. Since its founding in 2000, Newion has been one of the best performing fund managers in its sector. Newion has previously invested in companies including Collibra, iWelcome, Reasult, 24iMedia, Nallian, Foleon, CustomerGauge, L1NDA, The Next Ad, Oxynade, Swipeguide, Roadmap, RexAI, DataStories, Playpass, TaxModel and Deliverect, and has also exited Oxxio, Mirror42, and Q-go. Newion III is supported by InnovFin Equity, including financial support from the European Union under Horizon 2020 Financial Instruments and the European Funds for Strategic Investments (EFSI), set up under the European investment plan. The EFSI’s goal is to support the financing and implementation of productive investments within the European Union and to ensure that access to funding is improved.
Jelle Visser, commercial manager at ValueBlue, explains that since the release of BlueDolphin, his company has shown impressive growth figures (two to three hundred percent annually), and therefore appeared on the Dutch Newion Investments’ radar. “Newion likes to invest in European companies, especially start-ups who wish to make the step towards scale-up. Of course, we already call ourselves a scale-up. With forty employees, we’re quite a large company now.”