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    ING Ventures logo

    ING Ventures

    Amsterdam, NetherlandsFounded 2017
    www.ingwb.com/en/strategic-finance/corporate-investmentsLinkedIn
    Fintech

    ING Ventures is the corporate venture capital arm of ING Group, making minority investments in early and growth-stage companies with strategic relevance to ING, particularly in fintech. Founded in 2017 with a €300 million fund, it later grew to more than €350 million before halting new investments to manage its existing portfolio of ~30 startups.

    65% of their portfolio is in Fintech. Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $75.9M (across 10 rounds with reported amounts).

    Find people at ING Ventures on Goldilocks AI

    Portfolio

    22

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    1

    Team

    FH

    Frederic Hofmann

    Managing Director

    JW

    Jan Willem Nieuwenhuize

    Managing Director

    AP

    Arnaud Pedrazzani

    FinTech & Digital Asset VC Investor

    ZL

    Zhixue Lu

    Investment Manager

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    26 investments
    CompanyRoundAmountDate
    DDivTaxPre-Seed—Mar 2026
    TransFICC logoTransFICCSeries B—Apr 2025
    Aypa Power logoAypa PowerGrowth—Dec 2024
    Nearfield Instruments logoNearfield InstrumentsSeries C—Jul 2024
    Weaviate logoWeaviateSeries B$50MApr 2023
    Enpal logoEnpalSeries D—Jan 2023
    OpenFin logoOpenFinSeries D$74MJan 2023
    Sardine logoSardineSeries B$51.5MSep 2022
    Proda logoProdaSeries A$8MJun 2022
    Thought Machine logoThought MachineSeries C$200MNov 2021
    Divido logoDividoSeries B$30MJun 2021
    Twisto logoTwistoSeries B—Jan 2021
    Komgo logoKomgoUnknown—Jan 2021
    EExate TechnologySeed$2.9MDec 2020
    Cobase logoCobaseSeries A—Jun 2020
    Countingup logoCountingupBridge—May 2020
    TransFICC logoTransFICCSeries A—May 2020
    Spruce logoSpruceSeries D$208MMay 2019
    Axyon AI logoAxyon AISeries A—Dec 2018
    Fintonic logoFintonicSeries B$28MJun 2017
    R3 logoR3Growth$107MMay 2017
    Flowcast logoFlowcastUnknown——
    Twisto logoTwistoSeries A——
    Twisto logoTwistoSeries C——
    EExate TechnologySeed——
    Page 1 of 2

    Top Co-Investors

    HSBC4 shared
    Triple Point Ventures3 shared
    Nyca Partners2 shared
    NVentures2 shared
    ConsenSys2 shared
    Outward VC2 shared
    UniCredit2 shared
    IQ Capital2 shared
    SBI Investment2 shared
    Temasek Holdings (Private) Limited2 shared
    Barclays2 shared
    SC Ventures2 shared
    Citi Ventures2 shared
    Illuminate Financial2 shared
    AlbionVC2 shared
    Bank of America2 shared
    Visa Ventures1 shared
    GV1 shared
    Alloy Labs1 shared
    The General Partnership1 shared

    Last updated: 7 October 2026