IV
ING Ventures
Amsterdam, NetherlandsFounded 2017
ING Ventures historically focused on making minority investments in fintech and related technology companies with strategic relevance to ING, aiming to accelerate innovation and enhance customer experience. As of May 2025, ING Ventures has halted new investments and is concentrating on managing its existing portfolio.
62% of their portfolio is in Fintech. Deal activity decreased year-over-year (1 deals in the last 12 months vs 3 prior). Average disclosed round size is $139.7M (across 15 rounds with reported amounts).
Portfolio
16
Fund Size
$750M
Top Stage
Series B
Last 12 Mo
1
Team
JW
Jan Willem Nieuwenhuize
Senior Investment Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
16 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| DDivTax | Pre-Seed | $1M | Mar 2026 |
| TTransFICC | Series B | $22.5M | Apr 2025 |
 Aypa Power | Growth | $398M | Dec 2024 |
 Nearfield Instruments | Series C | $135M | Jul 2024 |
 Weaviate | Series B | $50M | Apr 2023 |
 Enpal | Unknown | $855M | Dec 2022 |
 Sardine | Series B | $51.5M | Sep 2022 |
| TThought Machine | Series C | $200M | Nov 2021 |
| DDivido | Series B | $30M | Jun 2021 |
| EeXate | Seed | $2.9M | Dec 2020 |
| CCountingup | Bridge | $5M | May 2020 |
 Spruce Finance | Series D | $208M | May 2019 |
 Axyon AI | Series A | $1.5M | Dec 2018 |
| FFintonic | Series B | $28M | Jun 2017 |
 R3 | Growth | $107M | May 2017 |
 Flowcast | Unknown | — | — |
Top Co-Investors
HSBC3 shared
SBI Investment2 shared
Temasek Holdings2 shared
Nyca2 shared
IQ Capital2 shared
Outward VC1 shared
Bank of America Merrill Lynch1 shared
Intel Capital1 shared
Barclays1 shared
Wells Fargo1 shared
Standard Chartered1 shared
British Patient Capital1 shared
Eurazeo1 shared
SEB Private Equity1 shared
Backed1 shared
Citadel Securities1 shared
BlackFin Capital Partners1 shared
AlbionVC1 shared
Citi Ventures1 shared
Illuminate Financial1 shared
Last updated: 12 April 2026