ASML backs €110M Dutch deeptech fund for quantum, semiconductors

The pride and joy of the Dutch tech ecosystem, ASML, has featured heavily in the news this past couple of weeks, after news broke the government was scrambling to keep the company in the country. However, ASML’s plans to potentially relocate due to difficulty securing talent and infrastructure bottlenecks does not mean it is not still actively supporting the Dutch tech ecosystem. The company has just contributed an undisclosed amount to Eindhoven-based DeepTechXL’s €110mn fund. The VC is  looking to invest in deeptech startups in the fields of quantum technologies, photonics, semiconductors, and other complex mechanical engineering. “DeepTechXL is much…

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