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Top 15 B2B Startup Investors in Belgium in January 2026

A list of 15 angel investors and VC (Venture Capital) funds that invest in B2b startups based in Belgium. We rank investors based on the number of investments they made in B2b companies from Belgium. We update this investor list every month.

Top 15 B2B Startup Investors in Belgium in January 2026

Investor B2B Belgium investments
Limburgse Reconversie Maatschappij 6
Axeleo Capital 5
SmartFin 5
LeanSquare 2
Hi Inov - Dentressangle 2
Jean Vliegen 1
Finance.Brussels 1
Industrya 1
Quincy Jones Productions 1
Newion 1
E-Merge 1
ING Group 1
Andreas Spechtler 1
Axio Capital 1
Sherpa Invest 1

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Investor list
Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 1 investment in the past 12 months

Oxygen for growth - LRM

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Investment focus

  • Information Technology, Software, Biotechnology
  • Funding Round, Series A, Seed
  • Belgium, United States, The Netherlands

Portfolio highlights

  • Cumul.io — Create powerful dashboards in minutes. Share with your teams, or integrate in your platform. Drive growth in your business today!
  • ADLC — ADLC employs drone technology to deliver logistics services, allowing businesses to implement drone-based solutions without having to manage them in-house. The company is focused on enhancing last-mile delivery in maritime and offshore environments. ADLC now conducts drone delivery services in the Port of Antwerp in collaboration with SGS, atesting and certification company, and works with companies such as BASF. Its drones have reduced delivery times and environmental effect, boosting efficiency sixfold and lowering CO2 emissions by up to 80% for petrochemical sample deliveries.
  • Raw Stadia — Raw Stadia is a sports technology company that specializes in surface player interactions.
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Axeleo Capital
VC Fund · Paris, Ile-de-France, France · 4 investments in the past 12 months

AXC is a European Venture Capital Fund, supported by a large community of tech entrepreneurs. We back startups from pre-seed / seed.

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Investment focus

  • Software, Information Technology, SaaS
  • Seed, Series A, Pre-Seed
  • France, United Kingdom, Belgium

Portfolio highlights

  • Oxyle — Permanently eliminate PFAS from your wastewater. Book a pilot and lead the way to clean, safe waters.
  • Formance — Numary makes it easy to build complex money-moving software with its open-source ledger & Numscript programming language.
  • Sitowie — Sitowie develops SaaS technology and tools to understand the degradation of buildings.
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SmartFin
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium

Venture capital fund focussing on European B2B technology companies.

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Investment focus

  • Software, SaaS, Analytics
  • Series B, Series A, Funding Round
  • Belgium, The Netherlands, Finland

Portfolio highlights

  • Timefold — Experts in PlanningAI for complex scheduling and routing
  • emma — Some meta description
  • CrazyGames — Play free online games at CrazyGames, the best place to play high-quality browser games. We add new games every day. Have fun!
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LeanSquare
VC Fund · Liège, Liege, Belgium · 2 investments in the past 12 months

New Economy Startups Investor & Accelerator

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Investment focus

  • Software, Music, Internet
  • Seed, Funding Round, Series A
  • Belgium, France, United States

Portfolio highlights

  • LinkByCar — Revolutionize fleet operations with LinkByCar. From real-time tracking to predictive maintenance, our advanced telematics solutions save time and reduce costs.
  • Bridge.audio — Bridge is for everyone working with music and audio. We provide private workspaces to manage, share, and connect better.
  • Base for music — Base for Music is the marketing solution specialized in fan acquisition, enabling you to achieve your growth goals and providing you with transparent data to measure your return on investment.
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Hi Inov - Dentressangle
VC Fund · Lyon, Rhone-Alpes, France · 1 investment in the past 12 months

Hi inov is a regulated Venture capital management company dedicated to early stage investment in B2B digital start-ups. We have €165M under management. They are 7 investors based in Paris, Lyon and Munich and also have an operating team.Hi Inov supports young and innovative digital BtoB companies from their very beginnings, and stimulates theirlong-term growth to help them become tomorrow’s leading companies.

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Investment focus

  • Software, SaaS, Information Technology
  • Series A, Series B, Series C
  • France, Germany, Belgium

Portfolio highlights

  • Dipeeo — Dipeeo, a BtoB SaaS automation platform, combines GDPR expertise with a BPO platform to manage clients' compliance, it simplifies GDPR compliance, offering personalized support, strengthening businesses and boosting confidence.
  • Kaiko Systems — Kaiko Systems empowers shipping companies to make smarter, safer, and more collaborative operational and safety decisions through advanced data analysis and intelligent decision support.
  • Trace For Good — Indispensable collaborative software empowering forward-looking enterprises to know their products and suppliers better.
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Jean Vliegen
Angel · Leuven, Vlaams-Brabant, Belgium

Jean-Marie Vliegen.

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Investment focus

  • Information Technology, Internet, B2B
  • Funding Round, Seed, Pre-Seed
  • Belgium

Portfolio highlights

  • Ceeyu — Ceeyu's SaaS platform vulnerabilities for your company and your supply chain (Third Party Risk Management or TPRM) by combining automated scans (ASM) with online questionnaire-based risk assessments.
  • Kwarts — Empower your commercial and medical teams to better respond to customer needs. A-Inside brings actionable insights into your CRM and marketing automation tools.
  • Ambassify — Ambassify enables you to manage and measure your employee engagement efforts. Start making a real connection with your workforce.
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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in the past 12 months

Regional Investment Company of Brussels

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Investment focus

  • Software, Information Technology, Financial Services
  • Seed, Funding Round, Series A
  • Belgium, France

Portfolio highlights

  • Fyteko — For a more sustainable agriculture
  • AnyKrowd — Anykrowd specializes in providing an all-in-one cashless payments and ticketing solution aimed at enhancing event experiences. The company focuses on increasing revenue for event organizers while reducing operational costs. Anykrowd's platform is designed to support the creation of various ticket types, including early bird, multiple days, andVIP tickets, catering to the diverse needs of events. With a commitment to technological innovation, Anykrowd continuously develops new tools to stay aligned with the evolving demands of the event industry. The company also emphasizes sustainability and the future of event management by offering easy-to-use event technology and management tools.
  • VoxelSensors — Spatial and Empathic Computing. Bringing empathic abilities to XR and mobile devices by understanding user attention and intent.
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Industrya
VC Fund · Seraing, Liege, Belgium

We are a hands-on investment fund that operates exclusively in the Industry 4.0, energy and new materials sectors. Industrya is an initiative of the John Cockerill industrial group, which joins together the investment funds of SFPI-FPIM, SRIW-WING, NOSHAQ and LRM.

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Investment focus

  • Industrial, B2B, SaaS
  • Seed, Funding Round
  • Belgium, France

Portfolio highlights

  • PureNat — PureNat is a deep-tech economy company that has developed a brand new patented biomimetic material for the purification of air and sustainable air pollution control solutions.
  • Get Your Way — Discover the future of assisted reality with Get Your Way's aRdent smart glasses. Perfect for SMEs looking for innovative solutions to improve their business
  • SpotLight — SpotLight provides breakthrough dynamic detection of subsurface movements.
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Quincy Jones Productions
VC Fund · Los Angeles, California, United States

Quincy Jones Productions is a media and artist management company.

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Investment focus

  • Music, B2B, Gift
  • Funding Round, Seed
  • United States, Belgium

Portfolio highlights

  • HIFI — Join a community advocating for artist-centric financial innovation and transparency. Access pioneering technologies and financial services tailored to the unique needs of music rightsholders.
  • Musimap — Musimap helps you to play the right music / promote the right artist or album / insert the right advertisement / promote the right product or brand to the right audience!
  • Songfinch — Give a unique gift with an original song from Songfinch. The perfect gift for anniversaries, birthdays, holidays, wedding or just to say "I love yo...
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Newion
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 4 investments in the past 12 months

Newion is a venture capital firm focused on early-stage investments in B2B software companies. Its mission is to support entrepreneurs in building software companies into category leaders that create sustainable impact, and in doing so generate excellent returns to its investors.

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Investment focus

  • Software, SaaS, Information Technology
  • Series A, Seed, Funding Round
  • The Netherlands, Belgium, Germany

Portfolio highlights

  • koppla — koppla is a cloud-based planning and communication tool for LEAN construction sites for both general contractors and subcontractors.
  • nuwacom — AI that understands your business - nuwacom turns your knowledge into content, collaboration, and automated workflows that scale.
  • Dexter Energy Services — Maximize short-term trade profits with our comprehensive product suite: wind and solar power forecast, trade and renewables optimization.
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E-Merge
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium

Find out if E-Merge is the right fit for your future career! Explore jobs, salary, equity, and funding information. Read about work-life balance, perks, benefits, and the company culture!

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Investment focus

  • Software, SaaS, E-Commerce
  • Seed, Series A, Funding Round
  • United States, Belgium, Spain

Portfolio highlights

  • Invopop — Issue compliant invoices, globally
  • Work Today — Create one profile. Apply to thousands of jobs in minutes.
  • Anagram — Anagram's software platform automates vision insurance eligibility, claims, billing, lab ordering, and instant rebates to help eye care providers differentiate themselves and advance their practices.
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ING Group
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in the past 12 months

ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services. They serve more than 85 million private, corporate and institutional customers in Europe, North and Latin America, Asia and Australia. They draw on our experience and expertise, their commitment to excellent service andtheir global scale to meet the needs of a broad customer base, comprising individuals, families, small businesses, large corporations, institutions and governments.

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Investment focus

  • Energy, Renewable Energy, FinTech
  • Debt Financing, Post-IPO Debt, Funding Round
  • United Kingdom, United States, The Netherlands

Portfolio highlights

  • Electra — Electra is a platform that provides Charging stations Ultrafast for electric vehicles.
  • Akaysha Energy — Discover innovative and sustainable renewable energy solutions with Akaysha Energy. Powering Australia's future with clean, reliable energy.
  • WiseTech Global — WiseTech Global is changing the world of logistics through world-leading software solutions. Find out how you can make an impact by joining our team.
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Andreas Spechtler
Angel · San Francisco, California, United States

Andreas Spechtler

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Investment focus

  • B2B, Music, Artificial Intelligence
  • Funding Round
  • Belgium

Portfolio highlights

  • Musimap — Musimap helps you to play the right music / promote the right artist or album / insert the right advertisement / promote the right product or brand to the right audience!
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Axio Capital
VC Fund · Paris, Ile-de-France, France

Axio Capital implements tailor-made solutions that qualify the stakes and build the operation. Axio Capital ensures the financial engineering, manage the implementation and invest in the operation.

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Investment focus

  • B2B, FinTech, Finance
  • Funding Round
  • France, Belgium

Portfolio highlights

  • ID5 — ID5 provides a comprehensive suite of identification services designed to improve to improve addressability and measurement across all environments
  • Agenium — Agenium offers career perspectives in an international and tech environment. They offer this through the specific expertise of their business units. They offer solutions to the business and of the defense, industry, and space sectors.
  • Moneytrans — Moneytrans is a fintech company that offers a money transfer service. They provide remittance, payment services, cross border payments, exchange, prepaid cards, money transfer, banking, business to business, fintech, credit cards, banking, and payment accounts.
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Sherpa Invest
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium

Sherpa Invest is active in all economic sectors and concentrates on Belgian-based companies that show strong growth potential – and a competitive advantage.

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Investment focus

  • SaaS, Software, B2B
  • Funding Round, Series B
  • Belgium, China

Portfolio highlights

  • MAXVAX — MAXVAX aims to provide novel vaccine development and commercialization.
  • Virteo NV — VIRTEO’s platform covers the internal dunning and all external (amical/judicial) debt collection processes. With VIRTEO, creditors reduce costs, improve results and enforce CSR policy with external partners like lawyers and bailiffs. VIRTEO helps achieve economic goals (getting paid) with socially responsible practices (avoiding malpracticesand excessive costs to debtors).VIRTEO is an online platform allowing credit managers to work directly with lawyers, court bailiffs and recovery agencies in an efficient, transparent and compliant process. The debt collection industry rarely has a positive image. Customers lack tools to monitor and control the practices used by their external collection partners and the goal (recovering the unpaid invoice) is often in contradiction with a socially responsible approach. VIRTEO empowers creditors with a better process and results, and also provides better control over the practices used by their external partners. We provide the customer with the tools and insights to enforce and monitor their CSR policy, while improving results and reducing costs at the same time. Virteo - Where financial fitness meets ethics
  • Babelway — Unique online B2B integration platform to easily build document flows, transform them between any two formats and transfer them via any protocol.
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