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Top 5 B2B Startup Investors in Luxembourg (June 2026)

The most active venture capital funds and angel investors investing in Luxembourg B2B startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Luxembourg B2B startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Matthias Hilpert
Angel
2 Germany, United States, United Kingdom Seed, Series A, Pre-Seed Software, SaaS, Information Technology $800k–$14M
Julien Coustaury
Angel
2 Austria, Slovenia, Luxembourg Seed, Series A, Angel SaaS, Information Technology, B2B $329k–$329k
Munich Re
VC Fund
1 United States, Spain, Brazil Seed, Series A, Series B SaaS, Energy, Software $329k–$20M
Fil Rouge Capital (FRC)
VC Fund
1 Croatia, Slovenia, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $22k–$549k
Jugoslav Petkovic
Angel
1 Luxembourg, United States Seed, Angel Logistics, B2B, SaaS $241k–$3.7M
Access all 8 investors in Luxembourg B2B startups.

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Investor list

Matthias Hilpert
Angel · Berlin, Berlin, Germany · 2 investments in Luxembourg B2B startups

Matthias Hilpert - CEO @ MH2 Capital

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 34
  • Round size: Seed $800k–$5.7M; Series A $3M–$14M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Workbounce — Workbounce is the co-pilot for customer-facing team connecting tools like Google Drive, Notion, Slack with intelligent search and analytics.
  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
  • Atlas Metrics — The single source of truth for your ESG data
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Julien Coustaury
Angel · Palo Alto, California, United States · 2 investments in Luxembourg B2B startups

Julien Coustaury is the Founding Partner of Fil Rouge Capital and he was a CEO at Vega. He has a master's degree from EFREI Paris.

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Investment focus

  • Industry: SaaS, Information Technology, B2B
  • Stage:Seed, Series A, Angel
  • Geography: Austria, Slovenia, Luxembourg

Investor stats

  • Total investments: 13
  • Round size: Seed $329k–$329k
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • 45HC.com — 45HC enables anyone to ship. We are here to help anyone book a container within minutes. We are experts at logistics and can help your business have an edge by eliminating the tedious process of booking a container. Our services include ocean freight, last mile delivery, door-to-door delivery (via rail delivery, truck delivery or multimodal),customs clearance and insurance. With our simplified platform and automated pricing mechanism, we remove the word complexity from the logistics dictionary. We put you in control of your business while providing you more time otherwise spent finding the best quote for shipping, and more money as you can customize each step of the way as you see fit.
  • tvbeat — Established in 2013, TVbeat provides a comprehensive TV Inventory Management & Yield Optimization SaaS Framework designed for TV Inventory owners, giving such TV sell-side players the essential tools to succeed in the ever changing TV ecosystem. Our SaaS Framework solves key addressable and non-addressable TV requirements & challengesthrough provision of holistic measurement, forecasting, planning, order management and optimization capabilities and self-serve applications. Such features can be leveraged across owned & operated TV inventories, media partner inventory and acquired inventory from 3rd party sources (DSPs & exchanges). TVbeat’s solution is being used successfully in the United States, United Kingdom, Canada, Ireland, France, Africas, Spain, Belgium, Middle East, Scandinavia to name a few. All of this is achieved by a world class team of engineers, data scientists, product managers and client support staff. Our offices are located in New York, London and Zagreb.
  • Eurosender — Eurosender is the digital platform for companies and individuals looking for a unified solution for global logistics processes. Eurosender comprises a wide variety of logistics services in different geographies.
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Munich Re
VC Fund · Munich, Bayern, Germany · 1 investments in Luxembourg B2B startups

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions.

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Investment focus

  • Industry: SaaS, Energy, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Spain, Brazil

Investor stats

  • Total investments: 9
  • Round size: Seed $329k–$12M; Series A $6M–$16M; Series B $12M–$20M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • mnubo — Optimize your industrial operations with AspenTech AI-powered software. Reduce costs, manage data & maximize performance across the entire asset lifecycle.
  • Found Energy — Found Energy's aluminum-thermal power systems extract renewable energy from aluminum at double the energy density of diesel and at a competitive cost. Compact, modular, safe, and carbon-free, our technology makes industrial decarbonization practical.
  • Flow Specialty — The smart digital marketplace for commercial risk, empowering insurance professionals to BROKER BETTER.Capitola's platform optimizes distribution efficiency through placement process automation and AI-driven risk appetite matching so that broker teams can focus on what they do best: strengthen relationships, expand their client base, andclose more deals.
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Fil Rouge Capital (FRC)
VC Fund · Zagreb, Grad Zagreb, Croatia · 1 investments in Luxembourg B2B startups

Fil Rouge Capital (FRC) is an investment fund manager whose funds focus on early-stage businesses from pre-seed, seed, and Series A rounds of investment.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Croatia, Slovenia, United Kingdom

Investor stats

  • Total investments: 120
  • Round size: Seed $22k–$516k; Pre-Seed $55k–$549k
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • tvbeat — Established in 2013, TVbeat provides a comprehensive TV Inventory Management & Yield Optimization SaaS Framework designed for TV Inventory owners, giving such TV sell-side players the essential tools to succeed in the ever changing TV ecosystem. Our SaaS Framework solves key addressable and non-addressable TV requirements & challengesthrough provision of holistic measurement, forecasting, planning, order management and optimization capabilities and self-serve applications. Such features can be leveraged across owned & operated TV inventories, media partner inventory and acquired inventory from 3rd party sources (DSPs & exchanges). TVbeat’s solution is being used successfully in the United States, United Kingdom, Canada, Ireland, France, Africas, Spain, Belgium, Middle East, Scandinavia to name a few. All of this is achieved by a world class team of engineers, data scientists, product managers and client support staff. Our offices are located in New York, London and Zagreb.
  • Eurosender — Eurosender is the digital platform for companies and individuals looking for a unified solution for global logistics processes. Eurosender comprises a wide variety of logistics services in different geographies.
  • Borza terjatev — Borza terjatev is the operator of a P2P financing market for businesses, operating in Slovenia and Croatia. We provide convenient on-line working capital finance for SMEs and simple, low-risk money placement to investors.
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Jugoslav Petkovic
Angel · San Francisco, California, United States · 1 investments in Luxembourg B2B startups

Jugoslav Petkovic is founder at Flaviar.

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Investment focus

  • Industry: Logistics, B2B, SaaS
  • Stage:Seed, Angel
  • Geography: Luxembourg, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $241k–$3.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Loyalis
  • Zesty — Zesty by DoorDash
  • Eurosender — Eurosender is the digital platform for companies and individuals looking for a unified solution for global logistics processes. Eurosender comprises a wide variety of logistics services in different geographies.
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B2B Investor funding in Luxembourg at a glance

Stats across 7 deals from 8 investors.

8
investors
in Luxembourg B2B startups
7
deals
in Luxembourg B2B startups
$143k
median round
in Luxembourg B2B startups
13%
lead investors
lead at least one round
57%
Seed
most common funding stage
63/38
VC / Angel
share of investor count

Access all 8 investors in Luxembourg B2B startups.

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