Top 10 B2B VC (Venture Capital) Funds in Belgium in September 2025
A list of 10 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 10 B2B VC (Venture Capital) Funds in Belgium in September 2025
Investor | B2B Belgium investments |
---|---|
Limburgse Reconversie Maatschappij | 6 |
SmartFin | 5 |
Axeleo Capital | 5 |
Hi Inov - Dentressangle | 2 |
Quincy Jones Productions | 1 |
Sherpa Invest | 1 |
E-Merge | 1 |
Industrya | 1 |
LeanSquare | 1 |
Newion | 1 |
Oxygen for growth - LRM
Show more
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.
Venture capital fund focussing on European B2B technology companies.
Show more
Investment focus
- Software, SaaS, Analytics
- Series B, Series A, Funding Round
- Belgium, The Netherlands, Finland
Portfolio highlights
- Cumul.io — Create powerful dashboards in minutes. Share with your teams, or integrate in your platform. Drive growth in your business today!
- Timefold — Experts in PlanningAI for complex scheduling and routing
- CrazyGames — Play free online games at CrazyGames, the best place to play high-quality browser games. We add new games every day. Have fun!
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
- 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.
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.
Show more
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.
Quincy Jones Productions is a media and artist management company.
Show more
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...
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
- SaaS, Software, B2B
- Funding Round, Series B
- Belgium, China
Portfolio highlights
- MAXVAX — MAXVAX aims to provide novel vaccine development and commercialization.
- Virteo NV — Checkout the full domain details of Virteo.com. Click Buy Now to instantly start the transaction or Make an offer to the seller!
- Babelway — Unique online B2B integration platform to easily build document flows, transform them between any two formats and transfer them via any protocol.
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!
Show more
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.
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
- Industrial, B2B, SaaS
- Seed, Funding Round
- Belgium, France
Portfolio highlights
- Enosis — Supplier of biological solutions for the production of renewable gas that recycles CO2 through methanation
- 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.
New Economy Startups Investor & Accelerator
Show more
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 da...
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.
Show more
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.
Investors by industry
Google
Marketplace
Hardware
Energy
Proptech
Health Care
Biotech
Artificial intelligence
Climate
Consumer
Community
Impact
Gaming
FinTech
EdTech
Sustainability
Venture Capital
Big Data
Web3
B2B
Financial Services
Finance
Infrastructure
Education
Photography
Payments
Food and Beverage
Video Games
Organic Food
Retail
Beauty
Publishing
Clean Energy
Real Estate
Manufacturing
Art
Music
Android
Internet
Enterprise Software
eSports
Franchise
Sports
Construction
Digital Media
Email
Medical
Social Network
Wellness
Social Media
Mobile
Legal
Local
Recruiting
Cannabis
Platforms
Fitness
Travel
Mobile Advertising
Biotechnology
Hospitality
Social
Automotive
Crowdfunding
Wine And Spirits
Medical Device
CleanTech
Transportation
Mobile Apps
InsurTech
Enterprise
LGBT
Fashion
Oil and Gas
Life Science
Theatre
Film
Non Profit
Renewable Energy
SaaS
Sporting Goods
Restaurants
Social Impact
Software
Celebrity
Cryptocurrency
Machine Learning
Agriculture (agtech)
Media (entertainment)
Facebook
Blockchain
Investors by country
United Kingdom
Canada
South Korea
Ireland
United States
New Zealand
India
Germany
Australia
Armenia
South Africa
Spain
Japan
Africa
China
Sri Lanka
Singapore
Qatar
Asia
Indonesia
Vietnam
Oceania
LATAM
Middle East
Europe
Saudi Arabia
Brazil
Bulgaria
Belize
Bahrain
Croatia
Georgia
Belarus
Hungary
France
Ghana
Ethiopia
Gibraltar
Chile
Egypt
Finland
Costa Rica
Greece
Barbados
Belgium
Estonia
Bermuda
Czech Republic
Denmark
Algeria
Hong Kong
Liechtenstein
Ecuador
Liberia
Lebanon
Faroe Islands
Sierra Leone
El Salvador
Mauritius
Uganda
Peru
Venezuela
Norway
Sweden
Israel
Slovenia
Poland
Malaysia
Mexico
Uruguay
Nicaragua
Ukraine
Jersey
Panama
Tajikistan
Puerto Rico
Morocco
Portugal
Mali
Lithuania
Tunisia
Italy
Taiwan
Philippines
Tanzania
Turkey
Kuwait
Malta
San Marino
Senegal
Myanmar
Dominican Republic
Togo
Uzbekistan
Azerbaijan
Iceland
Serbia
Russian Federation
Nigeria
Zambia
Bahamas
Rwanda
Namibia
Iraq
Zimbabwe
Thailand
United Arab Emirates
Luxembourg
Jamaica
Honduras
Isle of Man
Bolivia
Pakistan
Albania
Grenada
Jordan
Romania
Bangladesh
Argentina
Kazakhstan
Kenya
Cayman Islands
Cambodia
Colombia
Oman
Latvia
Cyprus
Austria
Switzerland
Cameroon
Seychelles
Guatemala
Marshall Islands
VC (Venture Capital) Funds in Belgium by industry
Restaurants
Financial Services
Education
Finance
Food and Beverage
Payments
Medical
Medical Device
Wellness
Internet
Social Media
EdTech
Manufacturing
Digital Media
Mobile
Blockchain
Legal
Construction
Software
Sports
Enterprise Software
Hospitality
Automotive
Music
InsurTech
FinTech
Recruiting
Biotechnology
Enterprise
Consumer
Health Care
Biotech
Energy
Sustainability
Impact
SaaS
Marketplace
Artificial intelligence
Community
Gaming
Real Estate
Infrastructure
Fashion
Web3
B2B
Life Science
Publishing
Clean Energy
Renewable Energy
CleanTech
Climate
Transportation
Big Data
Platforms
Proptech
Mobile Apps
Hardware
Media (entertainment)
Cryptocurrency
Agriculture (agtech)
Machine Learning
Fitness
Photography
Non Profit
Retail