The corporate venture fund of KLM, Schiphol, Delft University and Rabobank Mainport Innovation Fund
The corporate venture fund of KLM,
Schiphol, Delft University and Rabobank
Mainport Innovation Fund
The Mainport Innovation Fund (MIF) is multi-corporate partnership connecting industry, incubation & investing expertise and offering capital, knowledge and network
“The focus of MIF is closely aligned with a large part of the research priorities of our university. Portfolio companies
can use our knowledge and expertise and the other way around MIF offers a platform for young engineers to
learn about the commercialisation of technologies”
“KLM believes in strategic partnerships with new ventures to accelerate innovation. It offers a possibility to
combine the entrepreneurial, dynamic and flexible character of a young company with the valuable assets of an
international company like KLM”
“Through our participation in the Mainport Innovation Fund, Rabobank gives substance to one of our core themes of
corporate social responsibility: clean technologies and innovations. This is a contribution to sustainable development of
our local and global society.”
“MIF has access to the varied network and knowledge of its partners. This results in an interesting
dealflow, which is an excellent starting point for the realisation of our innovation and sustainability
ambitions”.
“The TechnoPartner seed facility is specially developed to mobilise the seed capital market and simulate
investments in technostarters to bridge the equity gap”.
€
MIF’s reason for existence is based on the major challenges that come with the expected aviation growth
Aviation is expected to double over the coming 20 years and needs
to address sustainability challenges and technology opportunitiesTHE MIF SOLUTION
�Drive open
innovation across the
value chain
�Fill the financing gap
�Demand will increase:
- Air travel grows at 5% average per year
- Growing middle class in emerging countries
�Technology impact:
- New technologies enter the aviation market: NFC, biometrics,
security solutions, robotics, big data, etc.
�Sustainability issues:
- Sustainable aviation fuels
- Waste management
- Light materials
- Climate neutral airports
Sector focus
Sustainable innovations that benefit aviation.
MIF invests in early stage start-ups with unique technology or commercial propositions that benefit the aviation sector
Early stage Venture Capital
Phased investment in Dutch techno-starters up to EUR 1.5M with a clear exit potential.
R&D Prototype Market entry Expansion SaturationGrowthFirst customer
MIF investment scope
Entry ticket
EUR 100 –
500k
Serie A / B
investment
EUR 500k +
Follow-on
investment
EUR 500k +
Exit
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FAST TRACK COMPANY : Permanent electronic bagtagwww.fasttrackcompany.com
MI AIRLINE: Real-time customer info for crew and on board sales solutionwww.miairline.com
MULTI PILOT SIMULATIONS: Fixed base simulators offering multi-pilot trainingwww.flymps.com
ROBIN RADAR: Advanced radar solution to reduce bird strikeswww.robinradar.com
CASPER: Optimized flight tracking and noise control www.casper.aero
EYE ON AIR : Faster detection of explosives and drugswww.eyeonair.nl
AMPYX POWER : Airborne Wind Energywww.ampyxpower.com
MIF portfolio
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Second fund under development, as MIF is almost fully invested
� Fund size: € 30-50M
� Investment range from € 0.3K-4M
� New partners may join
� Expected closing Q4 2014
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Other KLM venture activities
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KLM created SkyNRG in 2010, to develop a
market for aviation biofuels
Next step: Global Feedstock Technology Fund I
$ 150M