Transition Fund

accelerates circular and sustainable

With the Transition Fund, ROM InWest invests in accelerating the major transitions facing our society: the transition to a circular economy, sustainable energy and future-proof food systems. The Transition Fund has a target capital of €100 million and focuses on start-ups and scale-ups that are already more advanced and ready to increase their impact.

The focus is on promising initiatives within energy saving, renewable energy generation, smart energy, smart mobility, product-as-a-service, circular building, circular manufacturing, sustainable food systems and regenerative agriculture, among others.

Besides venture capital, the Transition Fund also offers project financing. Within the energy and circular transition, large-scale, impactful projects are essential to make real progress. Think of geothermal projects for greenhouse horticulture or using waste heat from data centres to heat homes.
This is how we invest not just in growth, but in the sustainable foundations of tomorrow's economy

Photo by Isabel van Nesselrooij, fund manager Transition Fund at ROM InWest, emphasizes the value of project financing. “Patient capital is crucial to get projects past the operational phase. Once you are there, you have a better chance of getting financing from the private market.”

Transition fund bets on future earning power (article follows)

The SME Fund has been strengthening North Holland's innovation capacity since 2022. Digitalisation, AI, life sciences & health and other innovative applications have our attention. Besides capital, entrepreneurs get strategic advice, access to networks and master classes to grow into a healthy business model.

Market conform
financing

Where the market does not step in, but is socially desirable, we step in with Transition Fund

1

What

Investments and (convertible) loans from €300,000 to €5,000,000

2

Who

Startups, scale-ups and innovative SMEs and projects

3

Where

In North Holland, or Almere and Lelystad

4

Duration

Duration of up to 15 years

5

Together

Maximum funding within a round of 49.9% and at least 25% private
co-financing required

6

Market ready

Financing from the moment the innovation has been tested in a relevant environment and is 'market ready'.

Transition Fund
game changers

LIFEPOWR cleverly links hundreds of thousands of energy installations, think solar panels, batteries, charging stations and heat pumps. With its software platform FlexiO, the company automatically matches consumption, generation and storage to availability of...

ThePhoneLab shows that sustainability and entrepreneurship can go hand in hand. 38% of consumers still choose to replace a phone in case of damage. ThePhoneLab provides life extension...

DOPS transforms waste into new valuable raw materials without significant CO2 emissions.

Solarix designs, develops and supplies coloured solar panels for energy-generating facades. In this way, the company helps to accelerate the energy transition in construction.

Clothing repair extends the lifespan of clothing and reduces its CO2 footprint. The United Repair Centre literally makes it work, also for people with a distance to the labor market.

BIYU wants to make it possible for everyone to replace ownership with access, so that together we can reduce our impact on the earth without having to make any losses.

Tiny Library believes that parents should be able to rent baby supplies easily and affordably instead of buying them, so that we all have to buy far fewer new items.

Peerby offers a flexible online peer2peer platform for borrowing and lending items in the neighborhood.

Impact
and results

4,9

million euro invested

€4.9 million invested in sustainable innovation.

8

entrepreneurs

We have intervened in 8 entrepreneurs so far

12,3

million euro mobilised

In total, we mobilised €12.3m of capital

11

transactions

Number of transactions 2021 to Q1 2025

Diversity

Transitions

Sectors

SDGs

Fund development

ROM InWest's investment team is building a balanced and future-proof investment portfolio step by step. In doing so, we strive for a healthy balance between financial return and social impact. Possible losses are absorbed by successful exits in the future. By spreading across sectors, types of companies, regions within Noord-Holland and different transition challenges, we ensure a robust portfolio that contributes to sustainable growth.In this phase, the focus is on closing new investment deals and strengthening existing portfolio companies - especially those that are struggling to attract co-financing due to current market conditions. As the fund continues to grow, the focus gradually shifts to active fund management.

The fund is expected to expand to around 20 companies, with an average investment of €2.5 million per company, mainly through equity or convertible loans (CLAs). In addition, we aim to fund around 15 projects, with a size of €2.5 to €5 million per project, in the form of larger one-off loans or participations with a maturity of up to 15 years.

Related
articles

19 November 2025

LIFEPOWR raises €5.65 million to accelerate energy flexibility and international growth

News
Belgian-origin energy technology pioneer LIFEPOWR has raised €5.65 million in growth capital. With this investment, the company is developing its technology...
4 November 2025

ThePhoneLab raises €2.5 million for national and international growth

News
Circular scale-up ThePhoneLab has raised €2.5 million growth capital to accelerate its expansion in the coming years. The company, with...
15 July 2025

Solarix raises €5.5 million for European scale-up

Interviews
Following an earlier funding round, Solarix has now completed a successful Series A round. ROM InWest is investing again, this time together with VP...
April 15, 2025

DOPS: the power of a well-functioning ecosystem

Interviews
This spring, ROM InWest, together with InnovationQuarter (IQ) and other private partners, invested €5 million in DOPS Recycling Technologies. This...
27 March 2025

DOPS Recycling Technologies raises €5 million for groundbreaking recycling technology

News
DOPS Recycling Technologies has raised €5 million to further develop its innovative DCI™ technology. This technology converts waste into...
28 January 2025

Project financing: big impact with 'patient' capital

Knowledge
Isabel van Nesselrooij, fund manager Transition Fund at ROM InWest, emphasizes the value of project financing. “Patient capital is crucial to get projects past...
5 August 2024

Solarix: Funding for a standardized product to scale up

Interviews
Accelerating the energy transition in the built environment by making buildings self-sufficient in their energy needs: with that mission, Marloes...
31 July 2024

Tiny Library: “Thanks to ROM InWest, our platform is rock solid”

Interviews
How can we reduce the production of new items and thus counteract the additional CO2 emissions? Julie Munneke turned this issue into...
30 July 2024

Peerby: “Thanks to their patience, the financing from ROM InWest is now paying off”

Interviews
Providing neighbors with a platform to share items with each other for greater social connection and to prevent waste: this is how...
14 March 2024

Financing for Peerby: lessons on entrepreneurship in the circular economy

Interviews
Sharing platform Peerby, where neighbors can share items for greater social connection and to prevent waste, recently received a...
6 February 2024

ROM InWest invests in rental platform for baby and children's items

News
ROM InWest invests in Tiny Library, an online rental platform for baby and children's items. The money should help with the further development...
October 5, 2022

New growth capital for 'temporary ownership' company BIYU

News
BIYU BV has raised new growth capital through an investment from ROM InWest, the Rabo Innovation Loan (Rabobank) and a crowdfunding campaign on...