HighTechXL explained
HighTechXL is a deep-tech venture builder, located in Eindhoven, the Netherlands. HighTechXL was established in 2014-15 on the High Tech Campus Eindhoven.[1] [2] 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.”[3]
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.[4] At a later stage, CERN, European Space Agency and other research institutes invited HighTechXL to build ventures from their high-tech inventions.[5] [6] 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.[7] In a report by Perception Box, HighTechXL is ranked in the top five of startup accelerators worldwide.[8] In 2022, the HighTechXL team also helped create a new venture capital fund focused on deep-tech ventures, called DeepTechXL.[9]
See also
External links
Notes and References
- https://techcrunch.com/2013/08/21/high-tech-xl/ Lomas, N., "Europe-based hardware accelerator, High Tech XL, targets IoT, robotics, graphene, med-tech & more", Techcrunch.com, August 21, 2013.
- https://doi.org/10.1007/s41469-023-00144-y 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
- https://blog.hightechcampus.com/htce/alliance-aims-to-stimulate-creation-of-high-growth-hardware-companies-in-the-netherlands De Vocht, H., "Eindhoven Startup Alliance", blog, May 25, 2015.
- https://doi.org/10.1007/s41469-023-00144-y Romme, Bell & Frericks (2023), ibid.
- https://innovationorigins.com/hightechxl-launches-esa-space-technology-on-the-market/ Cornelissen, A., "HighTechXL launches ESA space technology on the market", Innovationorigins.com, February 10, 2020.
- https://arxiv.org/ftp/arxiv/papers/2011/2011.07297.pdf Abbrescia, M. et al., "Supersensitive multipurpose/multifunctional avalanche gaseous detectors for environmental, hazard, intrusion systems (SMART)", paper presented at ATTRACT meeting, November, 2020.
- https://www.philips.com/a-w/research/blog/lessons-and-opportunities-in-developing-high-tech-businesses-with-the-hightechxl-startup-accelerator.html 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.
- https://perceptionbox.io/business/incubators-and-accelerators-for-startups/ Perception Box, "Our international top five list of startup accelerators."
- https://www.rijksoverheid.nl/actueel/nieuws/2022/03/10/deep-tech-fonds-voor-kennisintensieve-start--en-scale-ups-gelanceerd Dutch government, "Deep-tech fund for knowledge-intensive start- and scale-ups launched", press announcement, 10 March 2022.
