HM

Hessel Mittelmeijer

Investment Manager & Sustainability Officer at DeepTechXL

Eindhoven, North Brabant

Invests in

  • Min Investment:

    $105,000.00
  • Max Investment:

    $2,100,000.00
  • Target Investment:

    $1,100,000.00

Education

Work Experience

  • Investment Manager

    2021

    DeepTechXL invests in (pre-)Seed, Series A/B/C companies up to €15M per company. It has a Fund of €110M to invest in approx. 20 Dutch companies providing hands-on support. Investment focus: companies using (1) Using Key Enabling Technologies to (2) contribute to the Key Societal Themes and (3) thereby making impact on the UN Sustainable Development Goals. Main responsibilities: - Fund Manager Seed Fund (€18M size) - Sustainability Officer - Fundraising, LP due diligence & investor relations - Pro-active involvement in deal sourcing - Manage investment & due dilligence Process - Perform Financial, Commercial, Management, and Legal Due Dilligence - Negotiate Transactions - Portfolio Management & Value Creation (weekly meetings & support) - Coaching & guidance of interns/analysts - Investor Reporting & liaising with Fund Admin - Member of Investment Committee - Member of Valuation Committee Main accomplishments: - Co-respnsible for successful application for the RVO Seed Capital, resulting in a €18M Seed Fund - Successfully co-created DeepTechXL with a current Fund I size of €111M (Fundraising, Policies & procedures, Governance, negotiation, LP due diligence) - Successfully co-responsible for Operational DD from Pension Fund - Co-responsible for becoming SFDR Article 9 compliant (Policy, Annexes, assessments) Responsible for Investments in: - inphocal (Seed) - AlphaBeats (Seed) - Gilbert Technologies (Seed & Series A) - Keiron Technologies (Seed & ext. Seed) - Delft Circuits (ext. Seed & Series A) - Superlight Photonics (Seed) - MicroAlign (Seed)

  • Sustainability Officer

    2023

    DeepTechXL is a sustainable investment fund, acting under SFDR Article 9 Fund. DeepTechXL invests in purpose-driven companies that use key enabling technologies to make an impact on the grand challenges society faces today. Main responsibilities: - Sustainability Officer - Co-responsible for Impact Advisory Committee - Investor reporting - Compliancy & reporting towards UN PRI, OECD, Fundright, and several other national- and international initiatives - Guide deal teams in impact assessment and ESG risk assessment - Support portfolio companies in sustainability-related topics Main accomplishments: - Co-responsible of becoming SFDR article 9 compliant (Policies, procedures, SFDR annexes, impact reporting) - Responsible for the creation, implementation, and adherence to our sustainability policy

  • Investor & Board Observer (1-Tier)

    2023

2020 - 2022

  • Portfolio Manager

    2020 - 2022

    Manage and expand the investment portfolio consisting of built & accelerated deeptech ventures. - Portfolio management, including representing HighTechXL as shareholder during General Meetings - Calculate portfolio (company) value (IPEV Guidelines) - Perform investor reporting & communication - Analyse financial statements, undertake risk assessments, write exit proposals and obtain support by presenting to the board of executives and shareholders of HighTechXL - Value creation through hands-on support on Management, Market, and finance - Responsible for the full exit process - Work closely with the Legal Officer on relevant legal documentation - Develop, prepare and deliver workshops and 1-1 sessions on financial modeling and fundraising (35+ companies) - Provide advice and hands-on support in fundraising trajectories of portfolio companies - Initiate, maintain and deepen contacts with portfolio companies and investors Responsible for 5 portfolios including 73 portfolio companies. AUM: > € 4,000,000

  • Acceleration Manager

    2020 - 2021

    Managing start-ups throughout the 9-month venture building program by being the first line of support and advice. The program pushes the teams for accelerated validation and commercialization. - Owner of Financial program KPI (Financial modeling, Funding strategy, fundraising, financial reporting) - I give finance-related workshops and coaching sessions (coached more than 30 ventures) - I give weekly business 1-on-1 meetings to drive businesses forward (Market, business model, finance, supply chain, technology/product roadmap, management) - Has been acceleration manager of 3 ventures

  • Graduation Internship - Entrepreneurial Finance

    2020 - 2020

    Graduation thesis for the TU/e master Innovation Management. The thesis included a literature review on entrepreneurial finance to develop and implement a solution to the funding gap for early-stage DeepTech companies in the Netherlands. The thesis resulted in two potential solutions: The innovative solution (early IPO of a basked of ventures on an equity-crowdfunding platform using blockchain technology), and a traditional solution (VC Fund with characteristics specific for DeepTech ventures, such as longer holding period, larger fund size, and diverse team with technical, entrepreneurial, finance/economic, and legal expertise).

2018 - 2020

  • Co-Founder & CEO

    2018 - 2020

    EasyBook is an online platform where students can earn or save money. Students can rent (out) study books to (or from) other students for one quartile. Activities and responsibilities are in strategy development and execution, service development, brand development, business development, accounting, marketing strategies, event management, relationship management (PR, customers, business relations), and operations management.

2018 - 2020

  • Project Leader - Global Resource Management

    2019 - 2020

    One of the board-sponsored programs is “Organizational Readiness”, which aims at planning Vanderlande’s future global workforce to support the rapidly growing business. This program comprises of multiple projects. I am project leader of the project that is about creating and implementing a global tactical sales radar (forecasting tool). This tool will be used by product group managers, customer center managers, operations managers, and business unit management teams across the world. Furthermore, I execute quantitative analyses regarding the quarterly strategic outlook.

  • Working student - Process Information Management

    2018 - 2019

    Responsible for the performance management reporting of the business process standardization system. Implementing improvements that result from this reporting. Assisting in business improvement projects, and responsible for various projects to describe and/or improve business processes. Responsible and administrator of the internal knowledge environment.

  • Graduation Internship - R&D Process Management

    2018 - 2018

    Graduation project for the Avans university of Applied Sciences bachelor Industrial Engineering Management. Diagnosing and analyzing the performance of a business process standardization system for the Research & Development department. Implementing a communication plan to create internal awareness and improve the support for the system at Vanderlande Industries worldwide.

2019 - 2019

  • Process Management Consultant

    2019 - 2019

    Consulting the interim process manager in order to define the current-state of all internal processes. Creating a process map where all internal processes are documented, from where a future-state will be developed. After developing the future-state, key process improvements are determined. The gap is reduced by implementing process improvements. All in close collaboration with the management team.

  • Process Engineer

    2017 - 2018

    Responsible for all process related improvements at the headquarters in Helmond, the Netherlands. Therefore, leading and being part of multiple project teams for improving the shop-floor and supporting processes. Reporting directly to the board of executives.

  • Internship - process improvement

    2016 - 2017

    Business process re-engineering. Diagnosis and analysis of all internal processes in location in Gemert. Operational improvements of shop-floor by implementing multiple control mechanisms, reductions of in-between stock and batch size, and organizational changes.

  • Internship - Marketing management

    2017 - 2017

    Developing a strategic marketing plan by analyzing the macro, meso, and micro environment. Strategic marketing goals are developed in combination with an implementation plan how to achieve these.

  • Host

    2014 - 2017

    Guest- and table host, therefore responsible for the well-being of the guests. I advised guests at the menu choice and matching wines. Internally trained by the sommelier. Prize for the restaurant: Wine restaurant of the year: 2016 by Grootspraak.

2015 - 2016

  • Internship - Lean-waste-reduction

    2015 - 2016

    Diagnosis and analysis of the primary process. Formulated business case and implementation plan for reducing two main bottlenecks