# NEOTEC

> NEOTEC is a VC fund in Kent backing Information Technology, Local and Internet. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Kent, United States
- Total investments: 4
- Last investment: Dec 2023
- Lead investor: 25%
- Last updated: Aug 2026
- Website: http://www.neotec.org

NEOTEC is a multicounty economic development partnership focused on the global competitiveness of Northeast Ohio and its businesses.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $564k–$1.4M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 2 | 50% |
| Local | 1 | 25% |
| Internet | 1 | 25% |
| Wellness | 1 | 25% |
| Recruiting | 1 | 25% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Grant | 1 | 25% |
| Funding Round | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Libre Foods | Libre Foods is a biotech startup on a mission to liberate the food system and create a more free future for people, the planet, and animals. The company was founded in 2020 and is based in Barcelona, Catalonia, Spain. | $367.8K | Grant | Dec 19, 2023 |  |
| Opground | Opground is a platform that provides virtual interviews through AI system that connects entrepreneurs, startups and consolidated companies. | $564.2K | Seed | Jan 04, 2022 |  |
| Ledmotive | Ledmotive manufactures spectrally tunable LED light engines that have applications across multiple industries. The company's optical systems deliver white light or any visible spectrum through modulation of the 10 LED-channels, each centered at a different wavelength with a depth of 12 bits and also come with software allowing for precisecontrol of each LED channel, providing businesses, individuals and corporate clients with a light source with full spectral flexibility and unprecedented accuracy that reproduces perfect daylight. | $2.1M |  | Dec 14, 2018 |  |
| citiservi | citiservi is a local advertising engine that provide contact information about local businesses and estimate quotes & quotations of services and/or products for local users.citiservi business model is the evolution of the old and monopolistic yellowpages.From November 2013, citiservi has launched a set of vertical onlinedirectories on different big sectors: - - - - - - | $1.4M | Seed | Dec 01, 2011 |  |

4 of 4 investments shown.

## Co-investors
- [Avançsa](https://shizune.co/investors/profile/avancsa) — VC Fund, 1 deal together
- [ENISA](https://shizune.co/investors/profile/enisa) — VC Fund, 1 deal together
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund, 1 deal together
- [FI Group](https://shizune.co/investors/profile/fi-group) — VC Fund, 1 deal together
- [H2020-SME-Instrument program](https://shizune.co/investors/profile/h2020-sme-instrument-program) — VC Fund, 1 deal together
- [Seed Capital Bizkaia](https://shizune.co/investors/profile/seed-capital-de-bizkaia) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Founders Fund](https://shizune.co/investors/profile/founders-fund) — VC Fund
- [VentureSouth](https://shizune.co/investors/profile/south-carolina-angel-network) — VC Fund
- [Double M Partners](https://shizune.co/investors/profile/double-m-partners) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [ENISA](https://shizune.co/investors/profile/enisa-2) — VC Fund
- [Inveready](https://shizune.co/investors/profile/inveready-technology-investment-group) — VC Fund
- [Angels Capital](https://shizune.co/investors/profile/angels-capital) — VC Fund

## Featured in investor lists
- [Local VC Funds in Spain](https://shizune.co/investors/local-vc-funds-spain)
- [Recruiting VC Funds in Spain](https://shizune.co/investors/recruiting-vc-funds-spain)
- [Clean Energy Investors in Spain](https://shizune.co/investors/clean-energy-investors-spain)
- [Clean Energy VC Funds in Spain](https://shizune.co/investors/clean-energy-vc-funds-spain)
- [Local Investors in Spain](https://shizune.co/investors/local-investors-spain)
- [Local VC Funds in Europe](https://shizune.co/investors/local-vc-funds-europe)

## FAQ

### What does NEOTEC invest in?

NEOTEC invests primarily in Information Technology, Local and Internet startups, most often at Seed and Grant stage. Most of the 4 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is NEOTEC's check size?

NEOTEC typically joins rounds of $564k–$1.4M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds NEOTEC participates in.

### When did NEOTEC last invest?

The most recent investment recorded for NEOTEC closed in Dec 2023. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co