Newion II: a new investment fund for ICT-companies in the Benelux.

Newion Investments Management has the pleasure to announce  a new Venture Capital  fund for ICT companies in the Benelux region: Newion II. The size of the fund is fifty million euros, through investments made by financial institutions, institutional investors, Family Offices, and Endowments, such as Van Lanschot Participaties. Cornerstone investor is European Investment Fund through the "Competitiveness and Innovation Framework Programme" ("CIP") of the European Union. The new fund aims to invest in business technology companies.

This new fund is the third fund under management of Newion Investments Management and will be led by Patrick Polak and Jaap van Barneveld. Newion II focuses on business technology / software companies in the Benelux. Newion Investments focuses on innovative software companies who bring innovation in existing markets in all stages, from early stage to expansion and development stages. Investment rounds start from € 500.000 up to € 5.000.000.

Newion Investments Management is since the start of the first fund in 2000 one of the most successful General Partners in Europe. Under the existing portfolio companies of Newion I and her sister fund Private Plus Fund are: Lean Apps, Asysco, E-semble, Amyyon, Inforay, Propulsion, Anago, Servoy, Mirror42 and Service2Media. Recently the participation Q-go, which Newion I invested in in2004, was sold to the American RightNow (listed), realizing an IRR exceeding 35%.