Firms
FORWARD.one is a European venture capital firm dedicated to industrial technology, founded in 2017 and based in Amstelveen, the Netherlands. The firm invests in early-stage companies in semiconductors, climate tech, robotics, and hardware, combining entrepreneurial, engineering, and financial expertise to turn breakthrough technologies into market leaders. Current Fund III enters pre-seed through Series A across Europe, emphasizing Benelux, DACH and Nordics, with substantial follow-ons.
Founded 2017
Type Venture capital Funds3 Fund III 2026-06-22 2026-06-22 €200M EUR200m achieved/currentfundsize June2026; stillraisingtoEUR250m hardcap. Launched2025-09-29 asEUR200m target; notfinalclose.
Fund II 2022-12-19 2022-12-19 €145M Finalclose EUR145m reported2022-12-20 for precedingday; launched2021.
Fund I 2018 2018 — Official investor page displays38M withoutcurrency; historicfund2018,finalclose unverified.
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Team$1M $100K – $5M Amsterdam, Netherlands $1M $100K – $5M Amsterdam, Netherlands — $100K – $5M Amsterdam, Netherlands — $100K – $5M Amsterdam, Netherlands — $100K – $5M Amsterdam, Netherlands — $100K – $5M Amsterdam, Netherlands — $100K – $5M Amsterdam, Netherlands — $100K – $5M Cape Town, South Africa — $100K – $5M Netherlands — $100K – $5M Netherlands — $100K – $5M Netherlands — $100K – $5M Netherlands — — – — — — – — — — – — — — – — — — – — — — – — — — – — — — – — — — – — — — – — — — – — — — – —
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Investments
team@apexlogos.ai · 3 hours ago
Investment-fund research reviewed 2026-10-06. Publicly identified funds, dates, amounts and fundraising status are below. Undisclosed commitments remain unknown; this is not a complete register of private SPVs or parallel entities.
Fund size, vintage and close status
| Vehicle | Amount and vintage | Status / announcement evidence |
| --- | --- | --- |
| Fund I | Official investor page displays **38M**, without currency; official launch article identifies Fund I as **2018**. | Historical fund. Exact closing date and explicit currency were not independently established; do not silently convert the displayed figure to USD or treat it as current AUM. [Investor page](https://www.forward.one/investor ) (undated); [Fund III launch](https://www.forward.one/news/we-launch-fund-iii-eu200m-to-back-europes-next-industrial-tech-champions ) (2025-09-29). |
| Fund II | **€145 million**, launched **2021**. | **Final close**, announced 2022-12-19 according to reporting published 2022-12-20. Official LinkedIn post explicitly confirms €145M commitments and final close. [Official post](https://www.linkedin.com/posts/forward-one_venturecapital-hightech-technology-activity-7010596451323912192-js_x ) (calendar date not shown); [Silicon Canals](https://siliconcanals.com/forward-one-closes-fund-ii-at-145m/ ); [Official launch history](https://www.forward.one/news/we-launch-fund-iii-eu200m-to-back-europes-next-industrial-tech-champions ). |
| Fund III | Launched **2025-09-29**, initial **€200M target**, **€250M hard cap**. By **2026-06-22**, firm says €200M achieved/current size. | **Still fundraising** at the June announcement, not a verified final close at €250M. [Launch](https://www.forward.one/news/we-launch-fund-iii-eu200m-to-back-europes-next-industrial-tech-champions ); [June update](https://www.forward.one/news/fund-iii-doubling-down-on-europes-industrial-technology-winners ). Latest-known vehicle found; newer-fund/final-close searches did not establish a later close. |
The €200M described as assets under management in Qualinx's 2023 release is a **historical manager-level figure**, distinct from Fund III's €200M current size. No current independently verified aggregate AUM was established. [Qualinx release](https://www.prnewswire.com/news-releases/qualinx-raises-8-million-to-bring-game-changing-digital-rf-technology-to-market-301750437.html ) (2023-02-21).
Funds recorded in Adex after this review:
| Fund | Disclosed amount | Announcement / filing date |
| --- | --- | --- |
| Fund I | Undisclosed / unverified | 2018 |
| Fund II | EUR 145000000 | 2022-12-19 |
| Fund III | EUR 200000000 | 2026-06-22 | SHOW MORE
team@apexlogos.ai · 4 hours ago
Match research 2026-10-06 / FORWARDOne / sha256:20e227df82ca1099b5c426c5cff2387e6d18ecfe514d4ecaa922befa00d3db3b / part 2 of 2
Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats.
| **AlixLabs** | Atomic Layer Etching Pitch Splitting (APS), a semiconductor manufacturing process designed to improve fine-pitch chip production. | **€14.1M / SEK155.2M Series A closed**, **2025-11-18**; co-led by Navigare Ventures, Industrifonden and FORWARD.one. [Company release](https://www.alixlabs.com/2025/11/18/alixlabs-attracts-e14-million-series-a-adding-global-brain-and-key-institutional-investors-to-fuel-international-growth/ ). Use €14.1M rather than the rounded €14M headline. |
| **Qualinx** | Patented digital RF technology derived from Delft PhD research; low-power GNSS/radio integrated circuits. | **€8M Series A**, **2023-02-21**, from FORWARD.one, InnovationQuarter Capital and Waterman Ventures. [Company-issued PR Newswire release](https://www.prnewswire.com/news-releases/qualinx-raises-8-million-to-bring-game-changing-digital-rf-technology-to-market-301750437.html ). Newer 2026 baseline round was not reverified here. |
| **Innoseis Sensor Technologies** | Patented miniaturized high-sensitivity MEMS vibration/motion sensors originating in gravitational-wave detection research; geophysics, navigation and space applications. | **€6M seed**, **2026-06-09**, **led by FORWARD.one**. [Company announcement](https://innoseistech.com/innoseis-sensor-technologies-raises-e6-million-to-scale-next-generation-precision-sensing-technology/ ). Release itself abbreviates company to Innoseis, supporting duplicate review. |
| **driveblocks** | Camera/LiDAR sensor fusion, real-time 3D perception and safety-critical off-road autonomy; substantive robotics/physical-AI engineering, beyond generic SaaS. | **€3.5M Pre-Series A**, **2026-02-10**, **led by FORWARD.one**. Company calls it Pre-Series A while firm profile/baseline call entry seed: preserve both rather than force a single stage. [Company announcement](https://www.driveblocks.ai/resources/driveblocks-raises-3.5m%E2%82%AC-to-enable-safe-scalable-off-road-autonomy-through-ai-based-perception-technology ); [Firm profile](https://www.forward.one/portfolio-companies/driveblocks ) (undated). |
| **Optics11 Life** | Fiber-optic mechanical measurement of living cells, tissues and biomaterials; photonic instrumentation/mechanobiology. | **€5M financing**, **2022-09-29**, from Forward.ONE and returning Value Creation Capital. Current firm profile describes Series A entry and support into Series B; do not retrofit a precise stage onto the 2022 release, which does not state one. [Company-issued release](https://www.prnewswire.com/news-releases/optics11-life-raises-5-million-in-funding-for-superior-life-science-instruments-301636332.html ); [Firm profile](https://www.forward.one/portfolio-companies/optics11-life ) (undated). |
Additional official portfolio evidence names Rocsys, Optics11, Voltfang, Villari, EXRobotics, DAB.bio, Fibersail, Fizyr, Keiron, Nuventura, Photosynthetic, SenseGlove, Ore Energy, LioniX International and Collo. It identifies Aito, Axign, Mayht, Sensorfact and Nuventura as exits. These are verified **firm portfolio claims**, not independently audited round histories; no complete portfolio census or deep-tech classification of every company was attempted. [Portfolio](https://www.forward.one/portfolio ) (undated).
## Neurotechnology assessment
**No verified neurotech investment found in the sources checked.** Reviewed the official portfolio and selected company/firm descriptions, plus searches for FORWARD.one with neurotech, neuro and brain-computer terminology. This is a bounded negative finding, not a claim that the firm has never invested in the category.
- Optics11 Life measures tissue/cell mechanics and supports life-science research; verified sources do not describe neural recording, stimulation or a brain interface. Treat as enabling scientific instrumentation rather than direct neurotech. [Company release](https://www.prnewswire.com/news-releases/optics11-life-raises-5-million-in-funding-for-superior-life-science-instruments-301636332.html ) (2022-09-29).
- SenseGlove and Aito are haptic-interface businesses; touch/force feedback does not by itself establish a neural interface. Official portfolio supports attribution but not direct neurotechnology. [Portfolio](https://www.forward.one/portfolio ) (undated).
- AlixLabs' investor **Global Brain** is an investor name, not evidence of brain technology. Quantum computing and industrial AI are also not neurotech without a neural application. [AlixLabs release](https://www.alixlabs.com/2025/11/18/alixlabs-attracts-e14-million-series-a-adding-global-brain-and-key-institutional-investors-to-fuel-international-growth/ ) (2025-11-18).
## Concrete review notes for a later Adex agent
1. Add separately sourced Fund I/Fund II/Fund III records and dates; Fund III is €200M achieved/current as of June 2026 with €250M hard cap still being sought, not €250M closed. Do not sum individual fund sizes into asserted current AUM.
2. Prefer explicit current pre-seed–Series A entry strategy over Signal's seed/Series A tags. Record follow-ons separately, with the dated €1–3M / €35M and homepage 4M / 30M guidance conflict.
3. Review Innoseis and QuiX company/round duplicates before adding events. Add evidence for 2026 QuantWare Series B and 2025 QuiX Series A, missing from the snapshot.
4. Review original currency and rounding in existing USD amounts; do not replace euro announcements with undocumented dollar conversions. Fill verified total round amounts above while keeping firm check amounts unknown.
5. Review driveblocks' seed versus Pre-Series A wording. Review SenseGlove's baseline 2023 Series A attribution: [Auganix reporting](https://www.auganix.org/vr-news-haptic-gloves-company-senseglove-secures-e3-25m-in-series-a-funding-from-lumaux/ ) (2023-04-20) says FORWARD.one invested **previously**, not clearly in that Lumaux-led round. The baseline's SenseGlove official URL failed to load during this research.
6. Review team names/roles against current official profiles before updating: the snapshot duplicates Arjan Gobel / Arjan Göbel under different person IDs, and Signal may retain older affiliations. Location aggregation on Signal does not independently verify a current Cape Town office.
7. Founding year 2017 has recent primary support; preserve the older 2018 discrepancy pending legal/history clarification. Fund I displayed currency and final close date remain unverified. Firm About URL failed in the browser; official homepage/portfolio/fund/investee pages remained accessible.
All linked sources were accessed **2026-10-06**. Dates specified above are publication/announcement dates; undated pages use this access date. Primary sources support selected claims; promotional performance rankings and investor-profile claims were not independently audited. No database writes, MCP Patch calls or commits were performed. SHOW MORE
team@apexlogos.ai · 4 hours ago
Match research 2026-10-06 / FORWARDOne / sha256:20e227df82ca1099b5c426c5cff2387e6d18ecfe514d4ecaa922befa00d3db3b / part 1 of 2
Imported completed research. Baseline Adex/Signal statements describe prior state, not independent verification. Retain cited attribution, date, currency and classification caveats.
# FORWARD.one — research handoff
- Exact Adex ID: `FORWARDOne`
- Canonical Adex URL: https://adex.page/firms/FORWARDOne
- Research date / source access date: 2026-10-06
- Scope: research only; no Adex or database changes.
## Summary and identity
FORWARD.one is a European industrial-technology VC based at Dorpsstraat 28, Amstelveen, Netherlands. Current primary evidence supports a pre-seed–Series A entry mandate with substantial follow-on investment. Its latest-known fund is Fund III, reported at €200 million in June 2026 and still raising toward a €250 million hard cap. Verified investments span quantum processors, photonic quantum computers, semiconductor fabrication and radio chips, MEMS sensors, off-road autonomy and life-science instrumentation. No verified neurotech investment found in the sources checked. [Official homepage](https://www.forward.one/ ) (undated); [Fund III strategy](https://www.forward.one/news/fund-iii-doubling-down-on-europes-industrial-technology-winners ) (2026-06-22).
Primary investee releases describe FORWARD.one as founded in 2017, matching Adex. Older Silicon Canals reporting says 2018; this may reflect first fund launch or legal incorporation, but the reason was not verified. Keep this discrepancy visible. [driveblocks announcement](https://www.driveblocks.ai/resources/driveblocks-raises-3.5m%E2%82%AC-to-enable-safe-scalable-off-road-autonomy-through-ai-based-perception-technology ) (2026-02-10); [Silicon Canals](https://siliconcanals.com/forward-one-closes-fund-ii-at-145m/ ) (2022-12-20, updated 2024-03-25).
## Starting evidence: Adex and NFX Signal
The exact-ID Adex snapshot `data/research/_sources/FORWARDOne.adex.json` was retrieved 2026-10-06 at 19:28:54 UTC. It describes an early-stage European industrial/hardware VC founded in 2017, with semiconductor, climate, robotics and hardware interests. Its sources are the official website, NFX Signal and Goldi. Firm investor-profile `checkMin`, `checkMax` and `sweetSpot` are all null. It includes 24 team roles and 30 investment participations, but no populated top-level rounds. Starting data is not independent verification.
Baseline investments include Innoseis / Innoseis Sensor Technologies, driveblocks, Helin, Qualinx, AlixLabs, Voltfang, Optics11, QuantWare, Edmund, Collo, nuventura, Villari, Sensorfact, Rocsys, LioniX International, SenseGlove, Optics11 Life, Quix Quantum / QUIX QUANTUM BV, Fibersail, Aito Interactive, Axign, DAB.bio, EXRobotics and Sapient Perception. Multiple companies have repeated rounds; the two Innoseis identities and two QuiX identities warrant duplicate review. Most round amounts are null, while some are recorded in USD despite euro-denominated sources. Original citations remain in the snapshot; only selected investments were independently checked below.
[NFX Signal firm page](https://signal.nfx.com/firms/forward-one ) (undated) was directly readable, not merely search-index accessible. It lists Amsterdam, Cape Town and Netherlands; individual profiles repeatedly show $100K–$5M ranges and $1.5M sweet spots with seed/Series A tags. Relevant names include David Cerda Salzmann, Marc de Jong, Frederik Gerner, Boy de jonge, Arjan Gobel, Paul Pruijmboom, Riemer Smink and Robin van Boxsel. Sector tags cover hardware, energy, robotics, semiconductors, medical devices and AR/VR, alongside broader tags. Intro paths require Gmail sign-in. These profile claims do not independently establish current employment, fund size or a current firm-wide check range; the official strategy below is stronger evidence.
## Fund size, vintage and close status
| Vehicle | Amount and vintage | Status / announcement evidence |
| --- | --- | --- |
| Fund I | Official investor page displays **38M**, without currency; official launch article identifies Fund I as **2018**. | Historical fund. Exact closing date and explicit currency were not independently established; do not silently convert the displayed figure to USD or treat it as current AUM. [Investor page](https://www.forward.one/investor ) (undated); [Fund III launch](https://www.forward.one/news/we-launch-fund-iii-eu200m-to-back-europes-next-industrial-tech-champions ) (2025-09-29). |
| Fund II | **€145 million**, launched **2021**. | **Final close**, announced 2022-12-19 according to reporting published 2022-12-20. Official LinkedIn post explicitly confirms €145M commitments and final close. [Official post](https://www.linkedin.com/posts/forward-one_venturecapital-hightech-technology-activity-7010596451323912192-js_x ) (calendar date not shown); [Silicon Canals](https://siliconcanals.com/forward-one-closes-fund-ii-at-145m/ ); [Official launch history](https://www.forward.one/news/we-launch-fund-iii-eu200m-to-back-europes-next-industrial-tech-champions ). |
| Fund III | Launched **2025-09-29**, initial **€200M target**, **€250M hard cap**. By **2026-06-22**, firm says €200M achieved/current size. | **Still fundraising** at the June announcement, not a verified final close at €250M. [Launch](https://www.forward.one/news/we-launch-fund-iii-eu200m-to-back-europes-next-industrial-tech-champions ); [June update](https://www.forward.one/news/fund-iii-doubling-down-on-europes-industrial-technology-winners ). Latest-known vehicle found; newer-fund/final-close searches did not establish a later close. |
The €200M described as assets under management in Qualinx's 2023 release is a **historical manager-level figure**, distinct from Fund III's €200M current size. No current independently verified aggregate AUM was established. [Qualinx release](https://www.prnewswire.com/news-releases/qualinx-raises-8-million-to-bring-game-changing-digital-rf-technology-to-market-301750437.html ) (2023-02-21).
## Stages, strategy and check sizes
Fund III explicitly invests **pre-seed through Series A**, ideally as first institutional investor, across Europe with emphasis on Benelux, DACH and Nordics. Focus includes quantum, photonics, semiconductor equipment/chip design, robotics, autonomy, manufacturing, dual-use/defence and energy. June 2026 portfolio construction allocates 20–25% to initial investments and 75–80% to follow-ons, around 30 companies. Historical Series B participation below reflects follow-on activity, not a broad late-stage entry mandate. [Fund III strategy](https://www.forward.one/news/fund-iii-doubling-down-on-europes-industrial-technology-winners ) (2026-06-22).
Check guidance changes between official pages: the 2025 launch gives initial **€1–3M**; the April 2026 update gives the same range and winner follow-ons up to **€35M or more**; the current homepage says initial tickets up to **4 million** and follow-on allocation up to **30 million**, without explicit currency. Preserve dates and distinctions; these are investment allocations, not fund sizes, and the homepage does not define whether its follow-on maximum is per company or per round. [Launch](https://www.forward.one/news/we-launch-fund-iii-eu200m-to-back-europes-next-industrial-tech-champions ); [April update](https://www.forward.one/news/abn-amro-corporate-investments-and-the-european-investment-fund-invest-in-forward-one-fund-iii ) (2026-04-06); [Homepage](https://www.forward.one/ ) (undated).
## Verified previous deep-tech investments
Amounts below are **total financing rounds**, not disclosed FORWARD.one checks. Technology classification is this researcher's assessment based on cited descriptions.
| Company | Technology rationale | Firm attribution and dated financing |
| --- | --- | --- |
| **QuantWare** | Superconducting quantum processors, modular VIO architecture and specialized quantum fabrication/packaging; clear compute hardware deep tech. | Company announces **$178M / €152M Series B equity** on **2026-05-05**, naming FORWARD.one among participating existing investors. Firm states first backing in 2021 and participation in every subsequent round. [Company release](https://quantware.com/news/quantware-raises-178-million?736831c2_page=16 ); [Firm history](https://www.forward.one/news/from-a-dorm-room-to-the-worlds-largest-private-round-for-a-dedicated-quantum-processor-company ) (2026-05-05). This newer round is absent from the baseline. |
| **QuiX Quantum** | Universal photonic quantum computing using silicon-nitride chips and single-photon systems. | **€15M Series A**, **2025-07-10**, co-led by Invest-NL and EIC Fund, with FORWARD.one participating. Official firm profile reports **2019 pre-seed entry**. [Investee release](https://www.quixquantum.com/news/quix-quantum-series-a ); [Firm profile](https://www.forward.one/portfolio-companies/quix-quantum ) (undated). The baseline only captures older seed claims. | SHOW MORE
team@apexlogos.ai · 22 days ago
MATCH