HighTechXL is a deep-tech venture builder, located in Eindhoven, the Netherlands. HighTechXL was established in 2014-15 on the High Tech Campus Eindhoven.Lomas, N., "Europe-based hardware accelerator, High Tech XL, targets IoT, robotics, graphene, med-tech & more", Techcrunch.com, August 21, 2013.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 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.”De Vocht, H., "Eindhoven Startup Alliance", blog, May 25, 2015.
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.Romme, Bell & Frericks (2023), ibid. At a later stage, CERN, European Space Agency and other research institutes invited HighTechXL to build ventures from their high-tech inventions.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. 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.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. In a report by Perception Box, HighTechXL is ranked in the top five of startup accelerators worldwide.Perception Box, "Our international top five list of startup accelerators." In 2022, the HighTechXL team also helped create a new venture capital fund focused on deep-tech ventures, called DeepTechXL.Dutch government, "Deep-tech fund for knowledge-intensive start- and scale-ups launched", press announcement, 10 March 2022.
See also Deep tech Deep tech venture Business incubator Startup accelerator Y Combinator (company) Techstars 500 Startups
References
External links Official website