Amsterdam-based Rockstart, a global early-stage investor, announced on Tuesday that it has launched its third fund, Rockstart Emerging Tech, targeting a close at €30M.
The Dutch firm says it will use the funds to help up to 50 early-stage emerging technology startups and ideas that tackle urgent societal problems through tech-enabled solutions over the next ten years.
The “Rockstart Emerging Tech” funds will focus on Industry 4.0 & Advanced Analytics, Smart Societies, Digital Health, Data Privacy/Security, and more general applications proposing solutions for positive change.
Rune Theill, CEO and co-founder of Rockstart, says, “The Rockstart Emerging Tech fund will invest in technology startups with a purpose-driven agenda to maximise impact in the future. Rockstart has the experience and track record of supporting tech founders to scale locally, regionally, and globally and providing access to market and capital partners at all stages. With Rockstart Emerging Tech, we are expanding on the strategy we set out in 2012.”