KLM and Schiphol have backed a second Mainport Innovation Fund, alongside Delft University of Technology, Port of Amsterdam and NS Dutch Railways.

Airline operator KLM, airport company Schiphol Group and rail network manager NS Dutch Railways have committed capital to the €18m ($20m) Mainport Innovation Fund II (MIF II).

The fund is also backed by Delft University of Technology and Port of Amsterdam. Part of the $20m was provided by the Netherlands Ministry of Economic Affairs’ Seed Capital initiative.

MIF II is the successor to Mainport Innovation Fund, the limited partners of which included KLM, Schiphol, Delft University and financial services provider…

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