Expansion capital for next-generation imaging technology company

Amsterdam, NL – Amsterdam Scientific Instruments B.V. (‘ASI’), a leading vendor of advanced camera systems
for X-ray imaging and electron microscopy, has received an investment from a consortium of investors led by
TechNano Fund. Alongside this transaction the Netherlands Enterprise Agency (RVO) and Innovatiefonds
Noord-Holland provided co-funding. ASI is a spin-off of Nikhef, the NWO Institute for Subatomic Physics, and
AMOLF, the NWO Institute for Physics of Functional Complex Matter.

ASI’s camera systems are based on Medipix technology developed by a collaboration of leading physics
research institutes under the coordination of CERN, the European Organization for Nuclear Research. The
cameras are deployed in leading experimental physics labs around the globe, including CERN and Nikhef. ASI’s
products are increasingly used in the next generation of electron microscopes, X-ray imaging systems and mass
spectrometers, both in research and in industry.

The investment will enable ASI to scale up its organisation, strengthen its leading position in the scientifi
market and expand its business in new applications and markets. Furthermore, the investment allows ASI to
implement an ambitious innovation program for the development of new technology for the next generation
of products.

Hans Brouwer, CEO of ASI comments: “We are thrilled to receive such strong trust and support for our plans
from both the private and public investors. With this funding we can realise our ambitious scale up and
innovation program.”

Willem van den Berg, Managing Partner of TechNano Fund adds: “We believe in the vision of ASI and have a
lot of confidence in the management team. We are excited about helping ASI to accelerate the company”
Wouter Keij, Director of Innovatiefonds Noord-Holland comments: “New steps in science and industry require
advanced tools and instruments such as the camera systems of ASI. We are pleased to support ASI in
developing new technology for the next generation cameras. The fact that other parties co-finance in this
round is extremely positive and a confirmation of ASI’s plans.”

Value Creation Capital / TechNano Fund

Value Creation Capital (VCC) invests in companies that are active in high-tech (via TechNano Fund), Cyber
Security (via Security of Things Fund), business software, data intelligence and IT managed services. VCC was
founded in 2005 by serial entrepreneurs who started, built and sold several fast-growing IT and Tech
companies. VCC differentiates by combining “Intellectual Capital”, sector experience & expertise and an
extensive network with active value creation of their portfolio companies “to the next level”.

Netherlands Enterprise Agency

The Netherlands Enterprise Agency (Rijksdienst voor Ondernemend Nederland) stimulates entrepreneurs in
sustainable, agricultural, innovative and international business. It aims to improve opportunities for
entrepreneurs, strengthen their position and help them realize their international ambitions with funding,
networking, know-how and compliance with laws and regulations.

Innovatiefonds Noord-Holland

The Dutch Innovatiefonds Noord-Holland has been established by the Province North-Holland, University of
Amsterdam, Amsterdam University of Applied Sciences, Amsterdam UMC and Sanquin, with support from
Europe via the European Regional Development Fund. The fund supports start-ups and SME in the Province
North-Holland by providing early stage convertible loans to support innovation in the
stage of Proof-of-Concept.

Nascent Ventures

Nascent Ventures is a seed fund that invests in high-tech startups based on ground-breaking technologies from
Dutch research institutes and universities. Nascent Venture is a shareholder of ASI since 2017 and participated
in this transaction.