Private Equity

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Inkef

Inkef deploys permanent capital from Dutch institutional anchors ABP and OPG into European early-stage and growth technology.

Inkef logo

Inkef

The Value Within. | Inkef is an early stage venture capital firm based in Amsterdam. From the very early stages of a technology or lifescience venture, Inkef supports entrepreneurs building their ideas into successful international businesses.

General information

Firm type

Private Equity

Year founded

2010

AUM

Undisclosed

Location

Region

Europe

Country

Netherlands

City

Amsterdam

Corporate office

Amsterdam, Netherlands

Principals

Robert Jan Galema

Managing Partner

Sector focus

Enterprise SoftwareDigital HealthAI/MLFinTechEnergy Transition & Renewables

Frequently asked questions

Who backs Inkef's capital base?

Inkef is anchored by two Dutch institutions: ABP, one of Europe's largest pension funds with roughly €500 billion in assets, and OPG, a former healthcare cooperative. This backing gives Inkef a permanent-capital structure rather than a traditional fund-by-fund model. The firm does not disclose whether additional institutional LPs have joined since its 2010 launch.

How does Inkef's fund structure differ from a standard venture firm?

Inkef operates a single evergreen vehicle with no set fund life, rather than raising successive limited-life funds. This means it is not forced to exit positions to return capital to LPs on a fixed timeline. The structure allows the firm to hold investments for a decade or longer, which is rare in European venture capital.

What investment stages does Inkef target?

Inkef invests from seed through growth stages, with the flexibility to follow portfolio companies into later rounds. The firm writes both initial checks and follow-on capital from the same vehicle. Its mandate spans early-stage startups and more mature expansion-stage companies, typically in the Netherlands and across Europe.

Which sectors does Inkef focus on?

Inkef's portfolio concentrates on enterprise software, digital health, AI and machine learning, fintech, and energy transition. The firm maintains a deliberately broad sector remit rather than specializing narrowly, selecting a small number of companies per year. Known positions include GitLab, Remote, Normative, and Datasnipper.

Who leads investment decisions at Inkef?

Robert Jan Galema serves as a managing partner and has been with the firm since its founding in 2010. Inkef maintains a small partnership structure, though full team composition and investment committee details are not publicly disclosed. The firm does not appear to have undergone significant partner turnover.

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