COTTONWOOD TECHNOLOGY FUND ANNOUNCES A FIRST CLOSE ON ITS FOURTH FUND
March 5, 2025. Santa Fe/Denver USA; Enschede The Netherlands. Cottonwood Technology Fund announces a first close on its fourth investment fund, Cottonwood Technology Fund IV. Fund IV continues Cottonwood’s commitment to the hard tech investment space, where it has established itself as uniquely willing to support disruptive hard tech innovation at the earliest stages. Fund IV, like Fund III, targets $80 million as the right size to target a diversified portfolio of early-stage, IP-driven Business-to-Business startups that specialize in hardware technologies across deep-tech industries that have the potential to establish a new industry standard.
Fund IV will continue Cottonwood’s strategic focus on innovation-driven regions lacking adequate capital at the early stages to support hard tech start-ups properly. Specifically, Cottonwood focuses on the Southwest United States and Northwest Europe, both of which are known for their strong hard tech ecosystems. With previous funds backing groundbreaking technologies in sectors like advanced materials, nanotechnology, micro- and nano-electronics, quantum, photonics, medical technology and clean energy; Cottonwood aims to seed and support startups that are tackling some of the world’s most pressing challenges.
Cottonwood Technology Fund, began making investments in 2010. Dave Blivin, founder and managing partner, says: “The shift of traditional venture firms to software technologies over the last 15 years leaves a large gap for hard tech support, particularly at the earliest stages. Yet this is where the greatest opportunity lies for long-term disruptive impact. These companies take longer to grow and exit so we appreciate the patient support of our current investors.” These include Caterpillar Ventures, The Merrion Oil & Gas Family, Dutch regional investor NOM, Netherlands Enterprise Agency (RVO), and over 20 other entrepreneurs and family offices who backed our first close of $25 million of our venture fund.
By providing crucial early-stage funding, Cottonwood Technology Fund is well-positioned to support the next wave of disruptive startups. “There is equally disruptive innovation in northwest Europe with an even greater need for seed stage capital than the US.” says Alain le Loux, a General Partner of the fund and leading the European activities. “More than 10 years after opening our office in the Netherlands, we see strong advantages of a venture capital fund active on two continents. We bring technologies from the United States to Europe and vice versa. All our investments have been focused on global growth from the start, creating an economic and sustainable impact and contributing to a better world.”
Cottonwood is recently joined by Lee Rand, a seasoned venture investor and successful entrepreneur. Lee Rand: “Having worked with the Cottonwood team for over more than a decade, it’s an honor to join their team and support Cottonwood’s vision to be a sustainable capital source for disruptive innovation well into the future.”
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About Cottonwood Technology Fund
Cottonwood Technology Fund is a top-decile performing early-stage venture capital fund. Its focus is on hard science and deep tech, providing (pre-)seed and early-stage funding to IP-driven companies. Cottonwood makes impact investments in Key Enabling Technologies such as Photonics, Micro- and nanoelectronics, Advanced Materials, Nanotechnology, Medical Technology, Climate Tech, Advanced Manufacturing, and Robotics. Cottonwood focuses on startups from Northwest Europe and Southwest USA, regions with numerous national laboratories, research universities, and research centers.
Current and prior investments include Skorpios Technologies, Sarcos Robotics (NASDAQ: PDYN), BayoTech, Sencure, Infinitum Electric, Flexiramics, Armonica Technologies, SoundEnergy, Circular Genomics, Green Theme Technologies, Orange Quantum Systems and Q*Bird.
For more information, please visit our website: www.cottonwood.vc
Press contact USA
Dave Blivin
E-mail: dave@cottonwood.vc
Telephone: +1 505 412 8537
