Top 15 B2B Startup Investors in Belgium (October 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Limburgse Reconversie Maatschappij
VC Fund
|
5 | Belgium, The Netherlands, United States | Seed, Venture - Series Unknown | Information Technology, Software, Biotechnology | $658k–$11M |
|
SmartFin
VC Fund
|
4 | Belgium, The Netherlands, Turkey | Series A, Series B, Seed | Software, SaaS, Information Technology | $549k–$35M |
|
Axeleo Capital
VC Fund
|
3 | France, United Kingdom, Germany | Seed, Series A, Pre-Seed | Software, Information Technology, SaaS | $857k–$21M |
|
LeanSquare
VC Fund
|
2 | Belgium, France, United States | Seed, Venture - Series Unknown, Series A | Software, Music, Information Technology | $257k–$19M |
|
PMV
VC Fund
|
1 | Belgium, United States, The Netherlands | Seed, Series A, Series B | Software, Biotechnology, Health Care | $1M–$43M |
|
Entourage
VC Fund
|
1 | Belgium, Italy, United States | Pre-Seed, Seed, Series A | Information Technology, Software, Artificial Intelligence | $1.7M–$19M |
|
Axio Capital
VC Fund
|
1 | France, Belgium, United Kingdom | Venture - Series Unknown, Series B, Private Equity | Information Technology, B2B, Retail | $2.4M–$12M |
|
Newion
VC Fund
|
1 | The Netherlands, Belgium, Germany | Series A, Seed, Series B | Software, SaaS, Information Technology | $1.1M–$66M |
|
Jean Vliegen
Angel
|
1 | Belgium | Seed, Pre-Seed | Information Technology, Internet, B2B | $219k–$241k |
|
Sherpa Invest
VC Fund
|
1 | Belgium, China | Seed, Series A, Series B | SaaS, Software, B2B | |
|
Industrya
VC Fund
|
1 | France, Belgium | Seed, Series A, Venture - Series Unknown | Industrial, Manufacturing, Logistics | $946k–$6.7M |
|
Andreas Spechtler
Angel
|
1 | Belgium | Venture - Series Unknown | B2B, Music, Artificial Intelligence | |
|
Hi Inov - Dentressangle
VC Fund
|
1 | France, Germany, Belgium | Series A, Series B, Seed | SaaS, Software, Information Technology | $2M–$12M |
|
Finance.Brussels
VC Fund
|
1 | Belgium, France | Seed, Series A, Venture - Series Unknown | Software, Information Technology, SaaS | $1.5M–$16M |
|
Willem Delbare
Angel
|
1 | Belgium, France, United States | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, CRM | $407k–$6M |
| Access all 32 investors in Belgium B2B startups. | |||||
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Investor list
Oxygen for growth - LRM
Show more...Investment focus
- Industry: Information Technology, Software, Biotechnology
- Stage:Seed, Venture - Series Unknown
- Geography: Belgium, The Netherlands, United States
Investor stats
- Total investments: 98
- Round size: Seed $658k–$5.2M; Venture - Series Unknown $1.4M–$11M
- Lead/follow: 12% lead, 88% follow
Portfolio highlights
- Monsana — Monsana's AI-powered platform empowers both patients and healthcare professionals in their search for the perfect clinical trial. Each eligibility criterion is validated based on your unstructured textual medical records, allowing highly accurate matching with experimental treatments.
- 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.
- Optiflux — Optiflux automatiseert het bewaarbeheer van vers fruit met slimme AI & vision-technologie. Minder verlies, meer winst voor teler & handelaar.
Venture capital fund focussing on European B2B technology companies.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Series A, Series B, Seed
- Geography: Belgium, The Netherlands, Turkey
Investor stats
- Total investments: 65
- Round size: Seed $549k–$6.7M; Series A $5M–$13M; Series B $3M–$35M
- Lead/follow: 46% lead, 54% follow
- Last fund: Likely actively investing — fresh fund, raised $257M in 2025
Portfolio highlights
- Auditstage — The first AI-powered workspace for financial auditors. Automate manual workflows, draft working papers, and scale your firm with human-in-the-loop AI agents.
- Marble — Marble is the first open source transaction monitoring. We automate detection and investigations with unparalleled flexibility and simplicity to allow tech teams to build on top of Marble, while removing manual compliance checks. Built for real-time and scalability, Marble protects against fraud and money laundering leading financial institutions in the EU, UK and over 15 geographies.
- Hadrian — Hadrian’s digital security model focuses on automated event-based scanning. The company's approach maps vulnerabilities in an organization's entire attack surface infrastructure, and provides the critical insights to fortify them. Hadrian is developed by a team of hackers, their approach to digital security allows for continuoussecurity validation, running tests on 1000s of digital assets.Hadrian was established in 2021 by Maurice Clin and Rogier Fischer in Amsterdamnm Noord-Holland.
AXC is a European Venture Capital Fund, supported by a large community of tech entrepreneurs. We back startups from pre-seed / seed.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A, Pre-Seed
- Geography: France, United Kingdom, Germany
Investor stats
- Total investments: 117
- Round size: Seed $1.3M–$10M; Pre-Seed $857k–$3.2M; Series A $4.3M–$21M
- Lead/follow: 44% lead, 56% follow
- Last fund: Likely still investing — raised $134M in 2024
Portfolio highlights
- Wavo — Wavo provides debt-free inventory financing for SMEs, allowing them to grow without cash constraints.Unlike traditional financing, Wavo purchases inventory upfront, so businesses don’t have to immobilize cash or take on debt. Repayments are directly tied to sales, ensuring flexibility and preserving financial capacity. The solution is accessibleto fast-growing businesses, as it does not require balance sheet analysis or financial ratios.With Wavo, SMEs can seize new opportunities, optimize working capital, and scale faster—without financial constraints.
- Actionable — AI-powered decision engine that predicts customer behaviour and explains what drives your KPIs. Turn raw data into actionable decisions in minutes.
- DataHawk Technologies — DataHawk software platform provides eCommerce analytics tools for sellers and vendors to increase sales, optimize margins, gain insights, and boost productivity.
New Economy Startups Investor & Accelerator
Show more...Investment focus
- Industry: Software, Music, Information Technology
- Stage:Seed, Venture - Series Unknown, Series A
- Geography: Belgium, France, United States
Investor stats
- Total investments: 48
- Round size: Seed $376k–$2.4M; Series A $257k–$12M; Venture - Series Unknown $830k–$19M
- Lead/follow: 29% lead, 71% follow
Portfolio highlights
- neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
- Gamevestor — Be more than a player. Invest in expert-selected video game projects and earn a share of their commercial revenues.
- Tickets for Good — Tickets for Good is a ticketing platform for live events and entertainment.
Do and dare company
Show more...Investment focus
- Industry: Software, Biotechnology, Health Care
- Stage:Seed, Series A, Series B
- Geography: Belgium, United States, The Netherlands
Investor stats
- Total investments: 161
- Round size: Seed $1M–$4.1M; Series A $3M–$40M; Series B $6.6M–$43M
- Lead/follow: 22% lead, 78% follow
Portfolio highlights
- Logibot — Logibot is a European, software-first, hardware-agnostic AI platform that enables logistics and industrial operators to simulate, deploy, and operate human-like robotic labor inside existing intralogistics facilities, without vendor lock-in and without rebuilding the warehouse. Most warehouse automation projects fail because they assume greenfield sites or commit operators to one robot vendor. Logibot takes a different approach. Operators start with Logibot.Data to quantify manual work and score automation feasibility. Logibot.Simulate runs split tests on multiple robot configurations in digital simulation, before any hardware decision is made. Logibot.Train prepares a general vision-language model for specific logistics tasks in five stages. Logibot.Control stages the introduction of robotic labor into live operations. Logibot.Watch provides real-time monitoring, teleoperation, and continuous improvement. Logibot serves 3PLs, CEP operators, postal operators, and industrial logistics teams. Headquartered in Belgium, operating across the EU. NVIDIA Inception member. Beam Berlin portfolio company.
- Borro — Cashless deposit system
- SpectaCell — SpectaCell is a Belgian life sciences and biotechnology company that develops next-generation cell therapy analytics.Spun out of a collaborative research effort between imec, VIB, and Ghent University (UGent),
Entourage is a venture Studio and early stage VC that invests in early-stage B2B and SaaS sectors.
Show more...Investment focus
- Industry: Information Technology, Software, Artificial Intelligence
- Stage:Pre-Seed, Seed, Series A
- Geography: Belgium, Italy, United States
Investor stats
- Total investments: 21
- Round size: Seed $2.2M–$11M; Pre-Seed $1.7M–$3.5M; Series A $7.5M–$19M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely still investing — raised $33M in 2024
Portfolio highlights
- Chift — Offer native integrations within your software. Your clients connect your software to their tools in one click. Connect easily to Accounting, POS, Invoicing, e-commerce, etc.
- JustSolve — JustSolve is an agentic debt collection team that allows organizations to recover more, spending less.
- Sightera Biosciences — Patient-derived organoids of treatment-resistant disease, robotic screening at scale and AI-guided molecular design in one closed loop.
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.
Show more...Investment focus
- Industry: Information Technology, B2B, Retail
- Stage:Venture - Series Unknown, Series B, Private Equity
- Geography: France, Belgium, United Kingdom
Investor stats
- Total investments: 5
- Round size: Venture - Series Unknown $2.4M–$12M
- Lead/follow: 40% lead, 60% follow
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.
- GD France — GD France operates as a distribution and operational platform for apparel brands, particularly Gérard Darel and Pablo. The company focuses on the ready-to-wear and accessible luxury segments, covering womenswear, leather goods, footwear, and fashion accessories. Gd Distribution manages logistics, wholesale channels, and retail distribution networksthat connect brand production with end consumers. Its activities span supply chain coordination from concept and manufacturing through inventory management and delivery. The company supports brick-and-mortar boutiques, flagship stores, and e-commerce operations for its associated labels. Gd Distribution aligns its operations with fashion seasonality to ensure product availability and consistent brand presentation across sales channels.
Experienced over decades, focused on the next ones. Close to our founders, not above them. Serious about building companies. Human in how we invest.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Series A, Seed, Series B
- Geography: The Netherlands, Belgium, Germany
Investor stats
- Total investments: 87
- Round size: Seed $1.2M–$6.5M; Series A $1.1M–$10M; Series B $5.4M–$66M
- Lead/follow: 53% lead, 47% follow
- Last fund: Likely still investing — raised $129M in 2022
Portfolio highlights
- Nopan — We help large merchants, fintechs, and PSPs turn account and wallet payment methods into measurable revenue drivers.
- Lightbringer — Experience the future of patent services with Lightbringer. Our AI-driven platform accelerates your patent process, ensuring efficiency and expertise from world-class patent attorneys.
- BirdsView — BirdsView is to 'assist small e-commerce firms in transforming their own consumer data into effective, tailored marketing tactics and turning one-time purchases into devoted patrons.
Jean-Marie Vliegen.
Show more...Investment focus
- Industry: Information Technology, Internet, B2B
- Stage:Seed, Pre-Seed
- Geography: Belgium
Investor stats
- Total investments: 5
- Round size: Pre-Seed $219k–$241k
- Lead/follow: 20% lead, 80% follow
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.
Sherpa Invest is active in all economic sectors and concentrates on Belgian-based companies that show strong growth potential — and a competitive advantage.
Show more...Investment focus
- Industry: SaaS, Software, B2B
- Stage:Seed, Series A, Series B
- Geography: Belgium, China
Investor stats
- Total investments: 5
- Lead/follow: 20% lead, 80% follow
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
- Sky-Hero — Sky-Hero designs and manufactures tactical devices, mainly multicopters, for surveillance and security. Its products became worldwide icons of today’s drones made with the best aeronautical materials - allowing polyvalence and strength. Always pushing the limit of new breakthroughs, new alloys,…and state-of-the art components, Sky-Hero philosophyis creating devices made to resist, perform and evolve according to the user’s needs.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!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.
Show more...Investment focus
- Industry: Industrial, Manufacturing, Logistics
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: France, Belgium
Investor stats
- Total investments: 13
- Round size: Seed $1M–$4.2M; Series A $3.2M–$6.7M; Venture - Series Unknown $946k–$4M
- Lead/follow: 38% lead, 62% follow
Portfolio highlights
- Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
- 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
Andreas Spechtler is based out of Leiden, Zuid-Holland and is the Board of Directors of Whispp. Andreas previously worked at NativeWaves as an Chief Operating Officer. Andreas Spechtler attended the University of Salzburg.
Show more...Investment focus
- Industry: B2B, Music, Artificial Intelligence
- Stage:Venture - Series Unknown
- Geography: Belgium
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
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!
Hi inov is a European B2B venture capital fund investing in software and digital companies from Paris, Lyon and Munich.
Show more...Investment focus
- Industry: SaaS, Software, Information Technology
- Stage:Series A, Series B, Seed
- Geography: France, Germany, Belgium
Investor stats
- Total investments: 63
- Round size: Seed $2M–$5.9M; Series A $3.3M–$11M; Series B $3.3M–$12M
- Lead/follow: 67% lead, 33% follow
- Last fund: May invest from a new fund soon — raised $46M in 2018
Portfolio highlights
- Covalo — Covalo™ is disrupting how formulation-driven products are developed in the 3 trillion euro consumer goods industry so brands can reduce time to market by scouting ingredients and packaging, collaborating on projects, and purchasing -- all from one place. . Today it's one of the largest beauty ingredient search platforms that connects beautybrands with suppliers of ingredients, packaging, and services such as contract manufacturing, formulation, regulatory, compliance and testing. It also arms suppliers with the tools and real-time industry insights needed to effectively market products. Covalo launched in 2021 and is based in Switzerland.
- MyC — Reduce and better manage health-related risks with MyC.
- Actionable — AI-powered decision engine that predicts customer behaviour and explains what drives your KPIs. Turn raw data into actionable decisions in minutes.
Regional Investment Company of Brussels
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Belgium, France
Investor stats
- Total investments: 26
- Round size: Seed $1.5M–$5.4M; Series A $2.3M–$7M; Venture - Series Unknown $4.2M–$16M
- Lead/follow: 19% lead, 81% follow
Portfolio highlights
- AI-Blox — A modular & flexible hardware and software platform for edge AI applications.
- Otamiser — Otamiser Booster® is an automated solution that helps hoteliers and revenue managers secure bookings by improving a property's online presence on major OTAs such as Booking.com, Expedia, Trips.com, Kayak, Airbnb, and VRBO. It maximizes occupancy rates and revenue through optimizing 951 essential parameters, ensuring continuous optimization,full automation, seamless integration with CMS, PMS, and RMS systems, dedicated customer support, integrations with Cubilis and Hostaway, and a customized API for Revenue Management software.
- AILOS Robotics — AILOS Robotics offers advanced solutions in robotics and automation for various industries.
Willem Delbare is the Co-founder at Officient. He attended Ghent University.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, CRM
- Stage:Seed, Pre-Seed, Series A
- Geography: Belgium, France, United States
Investor stats
- Total investments: 8
- Round size: Seed $407k–$6M; Pre-Seed $1.3M–$1.6M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Holmes — Agentic QA for web apps, mobile apps, and APIs. Automated regression testing, exploratory feature testing, persona and accessibility testing, and plain-language change summaries.
- Belfort — Belfort makes encrypted compute real by accelerating it to practical performance
- Prelude — Prelude unifies device, network, and signup signals into one onboarding decision, helping you build trust while protecting conversion and cost efficiency.
B2B Investor funding in Belgium at a glance
Stats across 19 deals from 32 investors.
Access all 32 investors in Belgium B2B startups.
Open ListFAQ
Is Shizune data fresh/accurate?
Shizune has monitored hundreds of funding sources since 2020.
Our investor database is updated every day, so investor data is always fresh.
All metrics are calculated from confirmed public rounds, so the data is accurate.
Can I download investor list?
To download the B2B Investors in Belgium investor list, create a Shizune account. This investor list will be added to your saved investors and available for download in the export section.
You can also enrich the investor list with investor emails, phones, LinkedIns, and other contact data.
Can I access investor database?
To access all 32 investors investing in Belgium B2B startups and 48,091+ more investors, create a Shizune account.
Shizune has a database of 48,091 investors. Our investor database is fresh and updated daily.
The Shizune investor database has information on investor investment focus, investor contact data, and full investor portfolio since 2020.
You can enrich with email and download the data.
Does Shizune have investor emails and contacts?
Shizune enriches investors with contact data that includes: email, phones, LinkedIn, socials, website, and others.
To guarantee the highest discovery rate, we search across 20+ contact search tools.
To maximize delivery rate and reduce bounce rate, we validate emails.
You can enrich your investor list with Shizune. Download it too.
What is Shizune?
Shizune is a 48,091 investor database updated daily.
With Shizune you can:
- browse the database
- use smart matching
- enrich with emails
- download
All you need to find investors for your startup.
Who is Shizune for?
Shizune is built for startup founders by startup founders.
If you are looking for funding for your startup, try the Shizune database — we have investors for every stage, industry, and country.
Is Shizune free?
Shizune is free forever. You can search and browse investors for free.
Email search and export are paid features.
For full info, visit our pricing.
Who built Shizune?
Shizune is built by founders with the goal of helping all founders raise funding no matter where they are.
Contact 100 investors today
Find who invests in your industry, stage, and country. Download investor list with emails in 5 minutes.
Find investors — It's Free!