Value Creation Capital Research
Investment Thesis
Value Creation Capital (VCC) is a Dutch deep tech investor based in Bilthoven, near Utrecht. Its homepage frames the pitch as "Pioneering the Essential": funding and supporting deep tech companies and founders who are building technologies a more resilient Europe depends on, while aiming for resilient returns. VCC targets B2B deep tech start-ups and scale-ups. Its stated themes are Healthy Life, Energy and Materials reduction, and Security & Safety, built on enabling technologies such as optics and photonics, nanotechnology, robotics, extended reality, advanced sensing and AI software. Elsewhere it lists medical devices and analysis, Industry 5.0, governance, risk and compliance including cyber security, and quantum infrastructure.
The firm's published beliefs are that deep tech companies are enablers of change in business and society, that entrepreneurship is not slides and spreadsheets (financials follow from a great product, processes and happy customers), that a company is only as good as its management team, and that growing a tech company is a phase by phase process where each phase needs more capital and different skills.
Stage Focus
VCC says it provides seed capital and Series A funding, and invests from early scale-up to growth. Third-party profiles vary: some list pre-seed/seed and Series A/B, one lists growth rounds. The firm's own words (seed and Series A) are the most reliable. Recorded deals include a seed lead (LiveDrop, 2025) and participation in larger later rounds (Optics11).
Check Size
The firm does not publish check sizes on its site. Aggregator profiles cite typical tickets of roughly EUR 500K to EUR 5M, and EUR 1.5M to EUR 3M typical. Treat as moderate confidence.
Lead Tendency
Mixed. VCC led the $2.5M LiveDrop seed (June 2025, with Secfund and Kadmos Capital) and co-led DELMIC (2023, with the European Investment Council). In many other rounds, such as Optics11 and CryoCloud, it participated alongside a different lead. Venture Codex records about a third of tracked rounds as led.
Recent Activity
- June 2025: led LiveDrop's $2.5M defense-focused seed round.
- May 2025: welcomed CryoCloud as a portfolio company (Optics & Sensing theme).
- May 2025: participated in Optics11's EUR 17M round alongside SET Ventures, Join Capital and FORWARD.one.
- February 2024: second closing of the VCC Deep Tech Fund, targeting EUR 50M, with final close planned for Q3 2024.
Funds
The Deep Tech Fund is VCC's fourth fund, after the TechNano Fund (2015), the Security of Things Fund (2016) and the Deep Tech Seed Fund (2022), plus earlier case-by-case investments. The firm was founded in 2005 and says it has invested in 40+ companies over 20 years.
Portfolio Highlights
Companies shown on the site and in sources include Optics11 (fiber optic sensing), Optics11 Life, DELMIC (electron microscopy), Fastmicro, Spectral Industries, Basetime, ANTENNEX, LiveDrop, Onnes Technologies, Amsterdam Scientific Instruments, CryoCloud, SenseGlove, Fizyr and UReason. The portfolio page itself loads its company list with JavaScript and the captioned read returned no company captions, so the list is built from the homepage portfolio links and press and database sources, not from the full portfolio page.
Team
- Aldebert Wiersinga, Founding Partner
- Jos Bourgonje, Founding Partner
- Ronald Wissink, Managing Partner
- Willem van den Berg, Managing Partner
- Marcus Steinig, Managing Director
- Olaf Hasker, Operating Partner
- Victor Boskamp, Senior Investment Manager
- Sali Solmaz, Investment Associate
- Chiara Stravers and Nadav Moscovici, Investment Analysts
- Marjolein Westra (Finance & Operations) and Sverre van der Wal (Portfolio Controller) support operations
Decision Process
A published process: first meeting, second meeting with a deep dive on sales, product roadmap and financial planning, then a one-page proposal within four weeks of the first meeting, followed by a detailed term sheet. The business plan with a growth and financial model is assessed first. Decisions appear to be made by the partnership.
Founder Preferences
Strong management teams, diverse teams, technical depth, and founders who focus on product and customers before financial models. Support includes an operating partner and a network of experts.
Geographic Focus
Netherlands and Western Europe, with a stated mission of strengthening European resilience. Deal records are all in Europe.