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LIOF has awarded the first investment from the re-opened Limburg Early Stage Fund (LVFF) to Adhezy Technologies from Venray. The startup is developing an innovative production technology that allows double-sided tape to be produced directly to size. This offers significant advantages in cost, efficiency and sustainability and opens up prospects in major international markets such as automotive, electronics, medtech and defence.
With the investment, Adhezy Technologies takes an important step in its transition from technological development to commercial application. At the same time, this award marks the start of a new investment round of the LVFF, which has been re-opened by LIOF as of 1 March.
Breakthrough in custom tape production
Adhezy Technologies is developing a machine that produces double-sided tape directly in the desired shape via a hybrid printing technology. This eliminates the traditional process of production in standard rolls and post-processing. According to founders Bart Kusters and Tom van Loon, this offers major advantages: less use of materials, less energy consumption and less transport and storage. At the same time, it makes customisation faster and more cost-efficient.
"What is currently done in several steps, we will soon be able to produce to size in one go. That makes the process not only more efficient and cheaper, but also much more sustainable," say Adhezy founders Bart Kusters and Tom van Loon. "We see great interest worldwide from industries where customisation and flexibility are increasingly important."
The technology responds to the growing demand for flexible and sustainable production solutions within industrial chains. The potential applications are broad and target high-volume and high-demand sectors, making the international market potential significant.
From technology to market application
The investment from the LVFF will enable Adhezy to further optimise the technology and make it ready for the market. The focus is on carrying out pilot projects with launching customers and scaling up to commercial applications. In addition, LIOF supports strategic issues such as intellectual property and follow-up investments.
Investment manager Niek Theunissen (LIOF): "Adhezy Technologies has a unique and proven technology. The next step is to translate this innovation into a commercial application. With this investment, the entrepreneurs can focus on further development, customer validation and realising the first paid pilot cases. In doing so, they are laying the foundation for further growth."
Investing in entrepreneurs and the region
The investment in Adhezy Technologies is in line with LIOF's role of supporting ambitious companies in Limburg to realise growth and impact. Besides financing, LIOF offers active guidance in honing business plans, market research and access to a relevant network of partners and investors.
The Limburg Early Stage Fund was introduced in 2022 and LIOF has since invested 10 million euros in 26 entrepreneurs. Innovations that enable startups in particular to build their businesses and grow faster. The demand for this type of financing remains high: there are many Limburg entrepreneurs with strong ideas who can take steps faster with the right support. This not only helps individual companies grow, but also strengthens the regional economy.