Amsterdam-based Mindshift Ventures, a new venture capital firm, announced on Wednesday, December 20 that it has invested an undisclosed amount in Trunkstar, the Dutch software company in the connectivity and telecom industry.

Trunkstar will use the funds to scale the business in the coming 18 months.

The investment marks the focus of the Dutch VC in supporting game-changing early-stage software companies with significant growth potential.

Mindshift Ventures invests in companies at the pre-series A stage with a ticket size of up to €2.5M. 

“Our strategy has been to set clearly defined and measurable targets at funding to be able to attract new capital in the next stage with a significant valuation uplift,” says Ahmed Mounir, founder of Mindshift Ventures.

 “Mindshift does not invest via a fund and structures investments on a deal-by-deal basis giving us the ability to act quickly and flexibly compared to other VCs. We are bold and can spot opportunities in overlooked areas or companies. We stand behind our commitment to back-driven and visionary founders like Matthijs and Joeri and many others,” he adds. 

Trunkstar: Accelerating digital transformation

Based out of Amsterdam and founded by Matthijs van Seventer and Joeri Veder, Trunkstar delivers connectivity lifecycle management software that accelerates digital transformation, automates processes, and provides seamless connectivity management. 

The platform enables businesses to eliminate errors that arise from manual and repetitive work and automate tasks through process automation. 

Trunkstar says its platform reduces errors and operational costs, allowing team members to focus on core activities and drive business growth.

“The founders Matthijs van Seventer and Joeri Veder have deep roots and extensive experience in the telecom sector. Their previous successful exit in this field brings invaluable insight and credibility to Trunkstar, poising the company for significant impact in the industry,” adds Mounir.