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Top 50 Community VC Funds & Investors in Belgium (August 2026)

The most active venture capital funds investing in Belgium Community startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Community startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
WING by Digital Wallonia
VC Fund
4 Belgium Seed, Series A, Convertible Note Software, Health Care, Information Technology $219k–$11M
Belfius Bank
VC Fund
4 Belgium, The Netherlands, France Debt Financing, Venture - Series Unknown, Seed Software, SaaS, Artificial Intelligence $291k–$514M
PMV
VC Fund
3 Belgium, United States, The Netherlands Seed, Series A, Series B Software, Biotechnology, Health Care $1M–$42M
Fly Ventures
VC Fund
3 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Artificial Intelligence, Software, Machine Learning $1.4M–$20M
LeanSquare
VC Fund
3 Belgium, France, United States Seed, Series A Software, Music, Information Technology $200k–$12M
QuaeroQ
VC Fund
3 Belgium Series A GovTech, CivicTech, Communities $768k–$2.4M
Newion
VC Fund
2 The Netherlands, Belgium, Germany Series A, Seed, Series B Software, SaaS, Information Technology $1.1M–$66M
KBC
VC Fund
2 Belgium, United States, The Netherlands Seed, Series A, Pre-Seed Biotechnology, Health Care, Software $425k–$65M
Amazon Alexa Fund
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $120k–$120M
UI Investissement
VC Fund
2 France, Spain, Canada Private Equity, Seed, Series A Manufacturing, Software, Health Care $1.5M–$49M
Be Angels
VC Fund
2 Belgium, France, Luxembourg Seed, Pre-Seed SaaS, Software, Information Technology $78k–$1.5M
Namur Invest
VC Fund
2 Belgium, United States Series A, Seed Health Care, Medical Device, Auctions $658k–$18M
Kima Ventures
VC Fund
2 France, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $589k–$16M
Meusinvest (Noshaq)
VC Fund
2 Belgium, France, Germany Series A, Seed, Series B Biotechnology, Health Care, Medical $137k–$31M
Kurma Partners
VC Fund
2 France, Switzerland, Spain Series A, Seed, Series B Health Care, Biotechnology, Medical $2.7M–$98M
Vives Louvain Technology Fund
VC Fund
2 Belgium, France, United States Series A, Series B, Seed Health Care, Biotechnology, Medical $491k–$125M
Compagnie Nationale a Portefeuille
VC Fund
1 France, Belgium, United Kingdom Series A, Series B Information Technology, Software, SaaS $13M–$35M
Finance.Brussels
VC Fund
1 Belgium, France Seed, Series A, Series B Software, Information Technology, SaaS $1.5M–$15M
The Craftory
VC Fund
1 United States, United Kingdom, Chile Series A, Series B, Series C Health Care, Consumer Goods, Retail $10M–$85M
Dupont Restauration
VC Fund
1 Belgium Series A Pet, Food Delivery, Food and Beverage
Sofinex
VC Fund
1 Belgium Series A Wellness, Lifestyle, Health Care
Seeder Fund
VC Fund
1 Belgium, Luxembourg, France Seed, Pre-Seed, Series A Software, Information Technology, SaaS $212k–$8M
Notion Capital
VC Fund
1 United Kingdom, United States, Germany Series A, Seed, Series B Software, Information Technology, SaaS $1.1M–$66M
Seedrs
VC Fund
1 United Kingdom, United States, Switzerland Seed, Equity Crowdfunding, Pre-Seed Software, E-Commerce, Information Technology $39k–$4.2M
Volta Ventures
VC Fund
1 Belgium, The Netherlands, United States Seed, Series A, Pre-Seed Software, Information Technology, SaaS $850k–$10M
Bynd Venture Capital
VC Fund
1 Portugal, Spain, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $483k–$50M
Atlante Ventures
VC Fund
1 Italy, United States, Israel Seed, Series A Software, Hardware, Biotechnology $150k–$3.5M
Faber
VC Fund
1 Portugal, United States, United Kingdom Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $29k–$25M
Invest Mons Borinage Centre
VC Fund
1 Belgium Seed, Pre-Seed Agriculture, Biotechnology, AgTech
Hera Capital
VC Fund
1 Singapore, Indonesia, Norway Series A, Seed Analytics, E-Commerce, Social CRM $2.3M–$20M
Eden Ventures
VC Fund
1 Belgium, Denmark Seed Gaming, Mobile, Women's $1.7M–$2M
Wind
VC Fund
1 France, United States, Belgium Seed, Series A, Series B Software, Manufacturing, E-Commerce $800k–$69M
Impact Group
VC Fund
1 Belgium Series A Pet, Food Delivery, Food and Beverage
Belcube
VC Fund
1 France, Belgium Seed, Series A, Convertible Note Apps, Software, iOS $756k–$3.9M
S.R.I.W.
VC Fund
1 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $411k–$75M
The Harbour
VC Fund
1 Belgium Seed Hotel, Tourism, Software $1M–$1.9M
ING Group
VC Fund
1 United Kingdom, United States, The Netherlands Debt Financing, Post-IPO Debt Energy, Renewable Energy, Solar $100M–$3B
Naxicap Partners
VC Fund
1 France, Belgium, United States Private Equity, Series A Manufacturing, Software, Retail $2M–$56M
Unbundled VC
VC Fund
1 United Kingdom, Japan, Belgium Seed, Pre-Seed Apps, SaaS, Retail $1.7M–$3.2M
Seedcamp
VC Fund
1 United Kingdom, United States, Germany Seed, Pre-Seed, Series A Software, FinTech, SaaS
Singular
VC Fund
1 France, Germany, United Kingdom Series A, Seed, Series B Software, Analytics, Artificial Intelligence $3M–$60M
Como Venture
VC Fund
1 Italy, Belgium, United Kingdom Seed Events, Aerospace, Health Care $1.1M–$2.5M
Coformaco
VC Fund
1 Belgium Seed, Pre-Seed, Private Equity SaaS, Finance, Women's
Cox Enterprises
VC Fund
1 United States, Italy, Belgium Series C, Seed, Series A Software, Information Technology, Health Care $100k–$100M
Sambrinvest
VC Fund
1 Belgium, France, Spain Seed, Series A, Series B Biotechnology, Health Care, Medical $544k–$46M
Invest BW
VC Fund
1 Belgium, Germany Grant, Series A, Seed Health Care, Biotechnology, Medical Device $215k–$18M
lyssna
VC Fund
1 Belgium Seed Women's, Wellness, Fertility
Fonds Vives II (University of Louvain, UCL)
VC Fund
1 Belgium, United States Series A, Series B, Seed Biotechnology, Health Care, Medical $6.6M–$75M
New Enterprise Associates
VC Fund
1 United States, India, United Kingdom Series A, Series B, Series C Software, Health Care, Biotechnology $5.8M–$110M
Limburgse Reconversie Maatschappij
VC Fund
1 Belgium, The Netherlands, United States Seed, Series A Information Technology, Software, Biotechnology $494k–$11M
Access all 87 VC funds in Belgium Community startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 4 investments in Belgium Community startups

W.IN.G by Digital Wallonia invests in SAAS, advanced tech and deep tech startups (AI, drones, medtech, IOT,...). W.IN.G brings smart money by helping startups by bi-weekly interactions and providing an operating teams (seasonal entrepreneurs being hands-on with the portfolio).

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A, Convertible Note
  • Geography: Belgium

Investor stats

  • Total investments: 34
  • Round size: Seed $346k–$1.9M; Series A $1.1M–$11M; Convertible Note $219k–$555k
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • IONNYK — IONNYK is a new medium of art photography, containing millions of tiny ink capsules.
  • MYOCENE — Myocene is a Liège-based sports technology company which creates unique and innovative devices for measuring muscle fatigue and performance.
  • Soil Capital Belgium — Discover Europe's first certified, multi-national carbon farming programme that rewards regenerative agriculture.
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Belfius Bank
VC Fund · Saint-josse-ten-noode, Brussels Hoofdstedelijk Gewest, Belgium · 4 investments in Belgium Community startups, 7 in the past 12 months

Ontdek een bank-verzekeraar dicht bij u: rekeningen, kaarten, kredieten, sparen en verzekeringen. Beheer alles online of in kantoor, volgens uw behoeften.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Debt Financing, Venture - Series Unknown, Seed
  • Geography: Belgium, The Netherlands, France

Investor stats

  • Total investments: 28
  • Round size: Seed $291k–$1.9M; Debt Financing $1.1M–$514M; Venture - Series Unknown $1.1M–$116M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Alan — Alan provides online digital insurance services focusing on health and wellness. The company offers health insurance services, providing solutions tailored to the needs of different types of businesses. It provides simple and seamless insurance coverage and easy claim handling. It gives access to medical professionals for users to easily andconveniently get medical advice and manage claims and reimbursements.
  • Storm — Storm is een producent van hernieuwbare energie. Samen met ons team ontwikkelen, bouwen en exploiteren we duurzame energieprojecten over het hele land: van wind- en zonneparken tot snellaadstations en batterijopslag. Dit telkens tegen een zo laag mogelijke maatschappelijke kost.
  • GIGA Storage — Grootschalige energieopslag is de ontbrekende schakel in de energie transitie. Als de wind niet waait en de zon niet schijnt levert GIGA Storage duurzame
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PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Community startups, 12 in the past 12 months

Do and dare company

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 156
  • Round size: Seed $1M–$3.8M; Series A $2.7M–$40M; Series B $6.6M–$42M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
  • Borro — Cashless deposit system
  • Storm — Storm is een producent van hernieuwbare energie. Samen met ons team ontwikkelen, bouwen en exploiteren we duurzame energieprojecten over het hele land: van wind- en zonneparken tot snellaadstations en batterijopslag. Dit telkens tegen een zo laag mogelijke maatschappelijke kost.
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Fly Ventures
VC Fund · Berlin, Berlin, Germany · 3 investments in Belgium Community startups, 9 in the past 12 months

We back founders everyone wants to meet but nobody dares to invest in

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 121
  • Round size: Seed $1.4M–$8.5M; Pre-Seed $1.5M–$4M; Series A $5.7M–$20M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Tangent Robotics — Dexterous Robotic Manipulation
  • Orbital Industries — Orbital Materials leverages AI to design and deploy advanced materials & climate technologies for the long-term habitability of our planet.
  • Reimagine Robotics — Show the robot what to do, correct it where it fails, and adapt it as the process changes.
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LeanSquare
VC Fund · Liège, Liege, Belgium · 3 investments in Belgium Community startups

New Economy Startups Investor & Accelerator

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Investment focus

  • Industry: Software, Music, Information Technology
  • Stage:Seed, Series A
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 46
  • Round size: Seed $200k–$2M; Series A $247k–$12M
  • Lead/follow: 28% lead, 72% 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.
  • CityLegends — A home for urban sports & culture partners of CityLegends. Making the lines.
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QuaeroQ
VC Fund · 3 investments in Belgium Community startups

QuaeroQ is a privately-held investment fund that invests in and supports small and midsize companies in Europe with a long-term approach as an involved minority shareholder with a co-owner mindset and in close relationship with their management. It was founded in 2003 and is headquartered in Waregem, Belgium.

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Investment focus

  • Industry: GovTech, CivicTech, Communities
  • Stage:Series A
  • Geography: Belgium

Investor stats

  • Total investments: 3
  • Round size: Series A $768k–$2.4M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hoplr — Hoplr activates the social capital in your neighbourhood such as material, knowledge, time and infrastructure. Hoplr is a digital participation platform for inclusion, citizen participation and neighbourhood care.
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Newion
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Belgium Community startups, 9 in the past 12 months

Experienced over decades, focused on the next ones. Close to our founders, not above them. Serious about building companies. Human in how we invest.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: The Netherlands, Belgium, Germany

Investor stats

  • Total investments: 84
  • Round size: Seed $1.1M–$6.5M; Series A $1.1M–$10M; Series B $5.4M–$66M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $148M 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.
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KBC
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Community startups

KBC Private Equity - the investment company of KBC Group - provides development capital and finances buy-outs to medium-sized companies in Belgium and in Central and Eastern Europe, KBC's home markets.Boasting an experienced team of 28 people, it has more than 60 active investments in portfolio with a market value in excess of EUR 400million.KBC Private Equity aims to become one of the leading private equity providers on KBC Group's home markets. As an active shareholder with a long-term perspective, KBC Private Equity is involved in taking strategic decisions and providing support to management teams.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 36
  • Round size: Seed $549k–$8M; Pre-Seed $425k–$1.9M; Series A $3M–$65M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Rookoo — Rookoo is AI-powered venue management software that automates event inquiries, checks availability, and books events 24/7. Used by Clays, Tour & Taxis, Wintercircus and more.
  • Qivalis — Qivalis is a financial technology company designed for payments, settlements, and financial services.
  • Ion Beam Applications — Ion Beam Applications is a Belgium-based company that develops and markets technologies, pharmaceutical products and tailored solutions for the healthcare sector, with emphasis on cancer diagnosis and therapy. IBA is also active in the sterilization and ionization field. The Company operates through two business segments, namely the pharmaceuticalssegment, which includes radiopharmaceuticals and the equipments segment, which encompasses proton therapy, particle accelerators and dosimetry.
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Amazon Alexa Fund
VC Fund · Seattle, Washington, United States · 2 investments in Belgium Community startups

The Amazon Alexa Fund is Amazon’s venture capital fund investing in artificial intelligence, frontier tech, voice, robotics, and digital health across consumer and enterprise. We invest in early- to growth-stage companies globally. To learn more, visit us at alexafund.com.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 141
  • Round size: Seed $120k–$5.7M; Series A $5.1M–$46M; Series B $11M–$120M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2017

Portfolio highlights

  • Endel — Personalized soundscapes to help you focus, relax, and sleep. Backed by neuroscience.
  • Hearvana — Hearvana is a IT consulting company.
  • Fable Studio — Fable is building next-generation AI authoring tools to create interactive characters who can live, learn and make decisions with us.
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UI Investissement
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Community startups

Since 1967, the UI brand embodies a partnership with companies. Actor of the economy, UI has accompanied more than 120 SMEs over the last fifteen years, investing more than 550m € and giving substance to their development projects. Combining experience and corporate culture, UI has established itself as an involved and independent partner, able tocount on its shareholder leaders to favor, independently, the sustainable performance of the SMEs it accompanies.

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Investment focus

  • Industry: Manufacturing, Software, Health Care
  • Stage:Private Equity, Seed, Series A
  • Geography: France, Spain, Canada

Investor stats

  • Total investments: 107
  • Round size: Seed $1.5M–$5.8M; Series A $3.2M–$33M; Private Equity $3.2M–$49M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $37M in 2021

Portfolio highlights

  • Eclore — Eclore utilizes origami-inspired designs to produce cylindrical and flat protective bellows, as well as specific protection kits for SCARA robots. These components are constructed from materials resistant to solvents, oils, ultraviolet rays, and high-pressure cleaning while maintaining compliance with international standards. The products functionthrough compression and expansion cycles to safeguard equipment from environmental contaminants and mechanical wear. By reducing the total number of parts and overall bulk, the folding technology creates lightweight protective barriers suitable for various industrial diameters.
  • Brenus Pharma — Brenus Pharma is an allogeneic platform to generate immune therapy ambitioning to harness patient immune system & prevent cancer resistance over treatment.
  • B Capital Partners — B Capital Partners is a financial services firm offering investment advisory solutions with a focus on infrastructure and clean energy.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Be Angels
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 2 investments in Belgium Community startups

Early stage Entrepreneurs Coaching and FinancingOne of Europe's leading Business Angels Networks. We connect innovative growth companies to equity finance and coaching by experienced angel investors. The network is 250 members strong and has been assisting innovative entrepreneurs to find financing for more than 10 millions Euros in thelast 4 years.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 25
  • Round size: Seed $247k–$1.5M; Pre-Seed $78k–$571k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • ChainComply — ChainComply provides enhanced KYT due diligence solutions for banks and VASPs and relieves them from stressing over incoming transfers from crypto exchanges. 
ChainComply develops a SaaS tool that scans the client's crypto exchange and blockchain transaction history to reveal the source of funds of crypto holders. The company solutionsimplifies complex transaction streams, and then it identifies high-risk transactions and patterns, enabling AML teams to understand their clients better and meet regulatory obligations efficiently.
  • Visiblie — Track and optimize your brand across ChatGPT, Claude, Gemini, and Perplexity. Monitor AI mentions, analyze competitors, and grow AI search visibility.
  • TalentGuide — Unlock workforce potential with Talentguide's skills intelligence platform, transforming ambition into measurable ability through actionable insights and personalized development paths.
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Namur Invest
VC Fund · Namur, Namur, Belgium · 2 investments in Belgium Community startups

Namur Invest Group provides companies with financing solutions in various forms adapted to their needs, to strengthen their financial.

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Investment focus

  • Industry: Health Care, Medical Device, Auctions
  • Stage:Series A, Seed
  • Geography: Belgium, United States

Investor stats

  • Total investments: 8
  • Round size: Series A $658k–$18M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Invineo — Invineo design and development of a "smart machine" for catering and hospitality professionals.
  • VolitionRx — We are dedicated to revolutionizing the diagnosis and monitoring of life-altering diseases by advancing the science of epigenetics.
  • Sunrise — Sunrise aims to bring simple answers to millions of people suffering from sleep disorders.We have developed a 3-gram sensor to diagnose sleep with gold standard quality. The technology offers a revolutionary new way to measure brain commands at night, with published clinical results never seen before. Studies demonstrate Sunrise is as accurate asin-lab sleep studies, at a fraction of the cost.Affecting one in three people, sleep disorders are extremely common. Sleep apnea is the most prevalent disease with almost 1 billion persons concerned. This condition leads to great body damage over time and yet remains undiagnosed in 80% of the cases.Patients, caregiver and insurers stand to benefit greatly from a solution to current highly cumbersome, expensive and time-consuming diagnostics systems.
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Kima Ventures
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Community startups

Kima Ventures promotes the growth of startups, supporting them in the fastest and most effective ways.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 633
  • Round size: Seed $600k–$6M; Pre-Seed $589k–$3.8M; Series A $1.2M–$16M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Hoora — Hoora is a mobile gaming platform that offers an instant, scrollable feed of over 200 casual and arcade mini-games playable without downloads or waiting.
  • Shiplong — Shiplog gives every customer a live profile and decides the next best action in real time, so you expand, retain and grow revenue from the customers you already have.
  • Explora Project — Explora Project is specializing in adventure travel and expeditions to the 4 corners of the planet and all environments.
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Meusinvest (Noshaq)
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Community startups

Noshaq offers financial services to help businesses develop.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France, Germany

Investor stats

  • Total investments: 78
  • Round size: Seed $137k–$6M; Series A $3.6M–$16M; Series B $680k–$31M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • TrustUp — TrustUp is the home contractors platform, connects homeowners with verified quality home improvement.
  • Le Fourgon — Le Fourgon provides contained drinks for home delivery. They offer milk, water, beer, wine, fruit juice, and sodas. They allow customers to have their drinks delivered free of charge during the day.
  • Allegro Biotech — Allegro has developed the world’s-first custom-tailored, durable, biocompatible, anisotropic, regenerative meniscus cartilage, providing immediate support while also leverage the body’s own healing potential to regenerate human cartilage (proliferation and differentiation of fibrochondrocyte cells).
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Kurma Partners
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Community startups

Kurma Partners is a management company based in Paris, specializing in the financing of innovation in healthcare and biotechnology, from pre-creation to development capital. Kurma Partners, which manages the Kurma Biofund I, II funds and the Kurma Diagnostics fund, is one of the main players in the financing of therapeutic and medical innovationsin Europe, particularly through links with many institutes. research and prestigious hospitals.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Seed, Series B
  • Geography: France, Switzerland, Spain

Investor stats

  • Total investments: 142
  • Round size: Seed $2.7M–$14M; Series A $3.8M–$98M; Series B $12M–$72M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • EvlaBio — EvlaBio is a biotech company focused on the development of drug programs that address significant unmet medical needs. The company's pipeline includes robust scientific antibody programs for the treatment of hepatocellular carcinoma (Phase 1 ready) and chronic kidney disease with left ventricular hypertrophy (pre-clinical).
  • Tacalyx — Tacalyx develops therapeutics targeting cancer-specific carbohydrate antigens on the surface of metastatic malignant tumors where no satisfactory treatments exist.The name Tacalyx is derived from TACA (Tumor Associated Carbohydrate Antigen) and ‘lyx’ from the term Glycocalyx, the glycan-containing layer covering cells. Cancer cells differ fromnormal cells by displaying aberrant carbohydrate structures on their surfaces promoting metastasis, angiogenesis or suppression of the immune system. TACAs result from the aberrant glycosylation that is seen with transformation to a tumor cell and represent attractive targets for cancer treatment since they are displayed with high cancer specificity and enhance tumor virulence via the mentioned diverse mechanisms.
  • AM Pharma — AM-Pharma B.V., a biopharmaceutical company, engages in the development and commercialization of therapeutics for human use in the Netherlands. It focuses in the pre-clinical and clinical development of novel therapeutics to treat inflammatory and infectious diseases. The company develops products based on endogenous proteins and protein derivedpeptides, as well as molecules that naturally occur in the human body. Its products include alkaline phosphatase for treatment of acute kidney injury and ulcerative colitis; and immune response amplifying peptide hLF1-11 for the treatment of drug resistant hospital acquired infections. The company was founded in 2000 and is headquartered in Bunnik, the Netherlands.
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Vives Louvain Technology Fund
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 2 investments in Belgium Community startups

Vives is an interregional seed and early stage technology multi-sector fund. The new fund, initiated by UCLouvain, is a unique European inter-university fund having access to world class innovations from leading EU top universities.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B, Seed
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 27
  • Round size: Seed $1.6M–$7.3M; Series A $491k–$46M; Series B $4.7M–$125M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2020

Portfolio highlights

  • BOTALYS — BOTALYS uses an innovative Biomimetic Indoor Farming technology to recreate the ideal wild conditions for rare botanicals to grow in. We develop pristine & potent botanical ingredients for the Nutraceutical and Cosmetic industries.
  • Sunrise — Sunrise aims to bring simple answers to millions of people suffering from sleep disorders.We have developed a 3-gram sensor to diagnose sleep with gold standard quality. The technology offers a revolutionary new way to measure brain commands at night, with published clinical results never seen before. Studies demonstrate Sunrise is as accurate asin-lab sleep studies, at a fraction of the cost.Affecting one in three people, sleep disorders are extremely common. Sleep apnea is the most prevalent disease with almost 1 billion persons concerned. This condition leads to great body damage over time and yet remains undiagnosed in 80% of the cases.Patients, caregiver and insurers stand to benefit greatly from a solution to current highly cumbersome, expensive and time-consuming diagnostics systems.
  • Novadip Biosciences — Novadip Biosciences, an advanced biopharmaceutical company focused on new generation of therapies from adipose stem cells adapted to hard and soft tissues reconstruction.
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Compagnie Nationale a Portefeuille
VC Fund · Loverval, Hainaut, Belgium · 1 investments in Belgium Community startups

CNP is a private investment firm that invests in and supports European sector-leading or emerging companies in their long-term development. It has a long history of direct investing across sectors and European listed and non-listed companies and fosters sustainable value creation from strategic, financial, and government stewardship. CNP is one ofthe groups controlled by the Frere family.

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Investment focus

  • Industry: Information Technology, Software, SaaS
  • Stage:Series A, Series B
  • Geography: France, Belgium, United Kingdom

Investor stats

  • Total investments: 15
  • Round size: Series A $13M–$35M; Series B $15M–$29M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Moneybox — Moneybox is the simple way to save, invest, buy your first home, and combine your old pensions - all with one award-winning app. Download now.
  • Thynk.Cloud — Thynk is designed by hoteliers for hoteliers to simplify and automate sales, operations, and data management. Every process is easier, faster, and fully integrated.
  • FAIRMAT — We are bringing a new, sustainable and innovative way to recycle carbon fiber composite. Thanks to our proprietary technology, we produce a recycled material with a negative footprint! It's a light and strong high-tech material designed to be used in industries such as design, mobility, electronics, construction, transport, and logistics.
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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Community startups

Regional Investment Company of Brussels

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, France

Investor stats

  • Total investments: 25
  • Round size: Seed $1.5M–$5.4M; Series A $2.3M–$7M; Series B $3.4M–$15M
  • Lead/follow: 20% lead, 80% 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.
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The Craftory
VC Fund · London, England, United Kingdom · 1 investments in Belgium Community startups

The alternative growth equity and consumer venture capital fund based in London and San Francisco. We invest in consumer brands with a positive social impact. We are Cause Capital.

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Investment focus

  • Industry: Health Care, Consumer Goods, Retail
  • Stage:Series A, Series B, Series C
  • Geography: United States, United Kingdom, Chile

Investor stats

  • Total investments: 27
  • Round size: Series A $10M–$60M; Series B $18M–$52M; Series C $22M–$85M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • AllPlants — Delicious 100% natural, non-UPF plant-based meals for busy lives. Order today for free delivery, or find us in Tesco, Sainsbury's, Waitrose and Ocado.
  • Needed — Prenatal vitamins leave most women depleted, so we redesigned the Prenatal Multi from the ground-up, and paired it with the Omega-3 (DHA and EPA), Collagen Protein, and Pre/Probiotic that mamas need. Take them before, during, and after pregnancy (and while breastfeeding) for optimal prenatal and postpartum nourishment.
  • Edgard & Cooper — Edgard & Cooper offers foods for dogs and cats made with natural and nutritious ingredients. Their products are made with fresh meat and simple ingredients making it more balanced than over-processed pet food. Edgard & Cooper was founded in 2014 by Louis Chalabi and Jürgen Degrande and is headquartered in Kortrijk, Belgium.
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Dupont Restauration
VC Fund · Libercourt, Nord-Pas-de-Calais, France · 1 investments in Belgium Community startups

Dupont Restauration , undisputed leader in catering, while remaining a family-sized company, remains close to its employees.Dupont Traiteur, the event activity of Dupont Restauration, includes the VIP services of sports venues (cocktails, reception, buffet, sit-down meals), the management of the general public sales of some of these sites and thereceptions activity (conventions of businesses, weddings, private events ...) on the Estate.

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Investment focus

  • Industry: Pet, Food Delivery, Food and Beverage
  • Stage:Series A
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dog Chef — Dog Chef is an exhibit supplier of homemade and natural food for dogs across the region.
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Sofinex
VC Fund · 1 investments in Belgium Community startups

Sofinex is an investment comapny.

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Investment focus

  • Industry: Wellness, Lifestyle, Health Care
  • Stage:Series A
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sunrise — Sunrise aims to bring simple answers to millions of people suffering from sleep disorders.We have developed a 3-gram sensor to diagnose sleep with gold standard quality. The technology offers a revolutionary new way to measure brain commands at night, with published clinical results never seen before. Studies demonstrate Sunrise is as accurate asin-lab sleep studies, at a fraction of the cost.Affecting one in three people, sleep disorders are extremely common. Sleep apnea is the most prevalent disease with almost 1 billion persons concerned. This condition leads to great body damage over time and yet remains undiagnosed in 80% of the cases.Patients, caregiver and insurers stand to benefit greatly from a solution to current highly cumbersome, expensive and time-consuming diagnostics systems.
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Community startups, 8 in the past 12 months

Seeder Fund is an early-stage financing and growth capital for digital startups. For young start-ups with a start in commercial traction it offers seed funding of up to EUR 200,000 to validate their value proposition and product-market fit. For start-ups preparing for Series A it provides funding of up to EUR 300,000 to confirm the growth potentialand move closer to break-even. For scale-ups, the Seeder Fund can also help finance the company's growth, this time in the form of a capital stake of up to 1,000,000 EUR.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Belgium, Luxembourg, France

Investor stats

  • Total investments: 37
  • Round size: Seed $384k–$2.6M; Pre-Seed $212k–$2.4M; Series A $3.3M–$8M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Adomate — Adomate helps performance teams turn customer signals, competitor insights, and brand data into on-brand ad concepts with AI workflows they build and control.
  • Visiblie — Track and optimize your brand across ChatGPT, Claude, Gemini, and Perplexity. Monitor AI mentions, analyze competitors, and grow AI search visibility.
  • Kando — Voice & Visual assistant and software for caregiver
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Notion Capital
VC Fund · London, England, United Kingdom · 1 investments in Belgium Community startups

Notion Capital is a VC firm focused on European SaaS and Cloud.

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Investment focus

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

Investor stats

  • Total investments: 279
  • Round size: Seed $1.1M–$7M; Series A $4.5M–$28M; Series B $7.5M–$66M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Volo Commerce — Volo brings together data and intelligence from all over the commerce ecosystem and uses AI to provide real-time actionable insights.
  • Topia — Discover our professional services designed to elevate your business with expert solutions tailored to your needs. Contact us today for trusted support.
  • Wercker — Industry leading container registry, for organizations to manage Docker images, perform vulnerability analysis, and manage access via fine-grained access control.
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Seedrs
VC Fund · London, England, United Kingdom · 1 investments in Belgium Community startups

Online investing opportunities in the best new startup businesses, and raise seed and angel investment, with top European equity crowdfunding site Seedrs.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Equity Crowdfunding, Pre-Seed
  • Geography: United Kingdom, United States, Switzerland

Investor stats

  • Total investments: 199
  • Round size: Seed $65k–$2.1M; Pre-Seed $39k–$505k; Equity Crowdfunding $204k–$4.2M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • Laka — Laka is collective bicycle insurance especially for cyclists. We flipped insurance. By making it pay to pay out, we are the collective that backs each other. Protect your bikes and gear against theft & damage with Laka 5-star rated cycle insurance.
  • OurPetsLife — At OurPetsLife, our mission is to empower pet owners with innovative, reliable, and accessible Pet products trusted by the professionals. From dog food, supplements for pets, shampoo, pet treats, dental care & much more.
  • The Cookaway — The Cookaway offers an exciting range of world cuisine menus put together by our expert chefs and available to buy as a recipe box.
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 1 investments in Belgium Community startups

Volta Ventures backs ambitious B2B software founders in the Benelux with early-stage capital, strategic guidance and long-term support.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 91
  • Round size: Seed $850k–$5.2M; Pre-Seed $1M–$3M; Series A $2.2M–$10M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — raised $72M in 2019

Portfolio highlights

  • Kyvvu — Kyvvu is an Agent Security Kernel (ASK): an in-process security layer that checks every action an AI agent takes — against the full path of the task so far — and allows, warns, or blocks it before it runs, deterministically, in under a millisecond, without your data ever leaving your environment.
  • Nodalview — Nodalview helps real estate agents deliver cutting edge content and an impressive buying experience for happy and loyal customers.
  • CHILI publish — Allow users to edit customizable documents, or fully automate artwork generation. Output files are ready to use for print and digital.
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Bynd Venture Capital
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Belgium Community startups, 7 in the past 12 months

Bynd is a leading Iberian Venture Capital firm

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Investment focus

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

Investor stats

  • Total investments: 74
  • Round size: Seed $483k–$5.3M; Pre-Seed $552k–$2.1M; Series A $2.3M–$50M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $11M in 2019

Portfolio highlights

  • Pollen — Electric mobility for lightweight vehicles is about to get simpler, more affordable and more reliable.
  • Wio Capital — Wio Capital is a wealthtech company that builds an AI-powered wealth management platform for financial advisors, offices, and bankers.
  • Spacebackend — Lynapse by Spacebackend unifies interface modeling, version control, testing, and validation. Convert ICDs into traceable, deterministic implementations with human-in-the-loop review.
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Atlante Ventures
VC Fund · Milano, Lombardia, Italy · 1 investments in Belgium Community startups

Atlante Ventures is a leading Italian VC fund, operated by IMI Fondi Chiusi SGR, part of Intesa Sanpaolo Group.

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Investment focus

  • Industry: Software, Hardware, Biotechnology
  • Stage:Seed, Series A
  • Geography: Italy, United States, Israel

Investor stats

  • Total investments: 46
  • Round size: Seed $150k–$3.5M; Series A $1.5M–$3.3M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — last raise in 2007

Portfolio highlights

  • ADmantX — A NEW ERA OF AUDIENCE TARGETINGADmantX is a contextual analysis and data provider that brings audience targeting to a new level. Awarded patent for semantic advertising technology, the company offers a cookie-less solution that allows publishers, ad networks and exchanges, brand managers and agencies to develop more effective online adcampaigns leveraging semantic understanding, natural language processing and sentiment analysis. Founded in Italy as a spin-off of the leading semantic company Expert System, ADmantX is active in Europe and US. Worldwide customers include NBCUniversal, Integral Ad Science, Networked Insights, Banzai, Cadreon, Amnet, Sojern, Media IQ and ADmantX solutions are integrated in key DSP players such as Turn, Adform and AppNexus.
  • Remocean — remocean was founded in 2010, after ten years of joint research activity between the IREA-CNR institute (Institute for Electromagnetic Sensing of the Environment) in Naples and the INSEAN institute in Rome.
  • YOGITECH — Notizie e approfondimenti di Tecnologia
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Faber
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Belgium Community startups, 6 in the past 12 months

Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. The firm combines a specialist focus on deep tech early-stage startups with dedicated funds, investment teams and expert advisors to actively helpfounders build global companies powered by AI/Data, Web3 or Ocean/Climate technologies.Faber’s unique approach in Southern Europe is led by an entrepreneurial management partnership and backed by notable thesis-driven institutions and private investors. Investing since 2013, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, iLoF or YData.

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 97
  • Round size: Seed $549k–$5.2M; Pre-Seed $29k–$3M; Series A $2.5M–$25M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Porelio — Porelio is an environmental technology that provides purification technologies for water and industrial chemicals.
  • ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
  • InSpacePropulsion Technologies — Cost-effective, robust, and quickly available propulsion solutions, based on 10+ years of R&D and 40 years of combined experience in space propulsion.
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Invest Mons Borinage Centre
VC Fund · Mons, Hainaut, Belgium · 1 investments in Belgium Community startups

IMBC is particularly active in the agri-food, technology, and environmental sectors, with direct links to the ecosystems of the Mons Borinage region.

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Investment focus

  • Industry: Agriculture, Biotechnology, AgTech
  • Stage:Seed, Pre-Seed
  • Geography: Belgium

Investor stats

  • Total investments: 7
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Fyteko — For a more sustainable agriculture
  • BiocSol — BiocSol focus on sustainable microbial-based crop protection.
  • Sunrise — Sunrise aims to bring simple answers to millions of people suffering from sleep disorders.We have developed a 3-gram sensor to diagnose sleep with gold standard quality. The technology offers a revolutionary new way to measure brain commands at night, with published clinical results never seen before. Studies demonstrate Sunrise is as accurate asin-lab sleep studies, at a fraction of the cost.Affecting one in three people, sleep disorders are extremely common. Sleep apnea is the most prevalent disease with almost 1 billion persons concerned. This condition leads to great body damage over time and yet remains undiagnosed in 80% of the cases.Patients, caregiver and insurers stand to benefit greatly from a solution to current highly cumbersome, expensive and time-consuming diagnostics systems.
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Hera Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Belgium Community startups

Hera Capital is a Monetary Authority of Singapore Registered Fund Management Company, which focuses on growth capital investments in small-to-mid sized companies within the South-East Asian region. Our portfolio companies enjoy high growth potential and are either established, or looking to accelerate, in South-East Asia.

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Investment focus

  • Industry: Analytics, E-Commerce, Social CRM
  • Stage:Series A, Seed
  • Geography: Singapore, Indonesia, Norway

Investor stats

  • Total investments: 13
  • Round size: Series A $2.3M–$20M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • ActSocial — ActSocial (formerly Wildfire Asia) is the leader in providing both insight and influence in social networks across Asia. ActSocial can give deep information on identifying key trends, social media crises and core topics of interest online.Whether talking online or in the real world, ActSocial's network of 100,000 influencers are experts atcreating effective and scalable word-of-mouth for your brand.ActSocial creates measurable business results through a network of 100,000 consumer influencers, a powerful social CRM suite, and proven analytics methodology. ActSocial's WOM programs have boosted brands' marketing and sales performance, from packaged foods to tourism.
  • Linkfluence — Linkfluence is a consumer insights platform that combines social media data, AI, and human market research expertise to uncover high-value insights..
  • CashCashPinoy — Headquartered in Manila, Philippines, CashCashPinoy is a privately held company dedicated to organise brand sales events over a limited period of time (10 days), available only to members, for brands' end-of-season or overstock inventory up to 90% Off. The website also proposes selected offers for Discounted Services (Restaurants, Spa,Salons…) and exclusive travel deals on hand-picked hotels and resort in Philippines and outside the countryCashCashPinoy hand selects both established and up and coming brands relevant to its members. Members: it's the key word for CashCshPinoy. For some companies, customer satisfaction is a 'buzzword' and nothing more. At CashCashPinoy, everything is designed to give the best possible experience to its members (97% Members Satisfaction / Jan 2013 - CCP Survey).CashCashPinoy pioneered the Flash Sales Market in The Philippines in 2010. Today, with 100 new Sale Events, and 200 fresh Deals proposed every week, CashCashPinoy is the #1 Goods Flash Sales Website in The Philippines.
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Eden Ventures
VC Fund · London, England, United Kingdom · 1 investments in Belgium Community startups

Eden Ventures

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Investment focus

  • Industry: Gaming, Mobile, Women's
  • Stage:Seed
  • Geography: Belgium, Denmark

Investor stats

  • Total investments: 2
  • Round size: Seed $1.7M–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Guud Woman — Verbeter je cyclus met Guud Woman. Onze supplementen ondersteunen je hormonen en vruchtbaarheid, bevorderen een gezonde huid en meer.
  • Bright Star Studios — Ember Sword is a social sandbox MMORPG taking place in a player-driven universe where the adventure finds you. Join us and become part of our community!
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Wind
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Community startups, 7 in the past 12 months

Wind Capital is a venture capital firm that offers support and funding to European innovators.

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Investment focus

  • Industry: Software, Manufacturing, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: France, United States, Belgium

Investor stats

  • Total investments: 64
  • Round size: Seed $800k–$9.8M; Series A $2M–$36M; Series B $18M–$69M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Sopht — Sopht is an Environmental Services company that allows organizations to pilot their environmental impact and automate their decarbonation.Sopht provides a lever for optimizing and rationalizing the challenges of an IT department. The platform is built on a series of modules that reconstitutes the entire IT value chain of a company (multi-cloudmonitoring, management of IT assets, analysis of digital uses and services, etc.) thus allowing a vision and end-to-end management.Founded by Jérémie Veg, Julien Rouzé, Gautier Levert in 2021 and is located in Lyon and Paris.
  • Eledone — Eledone operates a software-as-a-service (SaaS) business model that provides agentic artificial intelligence solutions to automate back-office B2B sales administration. The platform connects directly to commercial email inboxes to extract client data from purchase orders and quotation requests. It then matches this information against internaldatabases to automatically generate quotes or pre-fill sales orders within a client's existing enterprise resource planning (ERP) system. This value proposition centers on reducing transcription errors, accelerating order response times, and eliminating manual data entry without requiring companies to alter their current workflows.
  • Mantle8 — Using bottom-up exploration and decades of geology experience, we are on a mission to deliver natural hydrogen to the world.
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Impact Group
VC Fund · Boise, Idaho, United States · 1 investments in Belgium Community startups

Founded in 1994, Impact Group is a sales and marketing agency, providing sales, merchandising and category analytical support to companies in the consumer packaged goods industry. Impact Group has nineteen regional offices throughout the West and in Cincinnati, Ohio, and has established strategic alliances with independent sales and marketingagencies in the Midwestern and Northeastern United States. Impact Group represents over 14,000 products.

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Investment focus

  • Industry: Pet, Food Delivery, Food and Beverage
  • Stage:Series A
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dog Chef — Dog Chef is an exhibit supplier of homemade and natural food for dogs across the region.
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Belcube
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Community startups

Belcube is a belgian based angel/seed investment fund. By entrepreneurs for entrepreneurs

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Investment focus

  • Industry: Apps, Software, iOS
  • Stage:Seed, Series A, Convertible Note
  • Geography: France, Belgium

Investor stats

  • Total investments: 5
  • Round size: Seed $756k–$1.1M; Series A $1.3M–$3.9M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Neteven — The Neteven software is developed internally and relies on robust technologies. Neteven was the first French company to be Certified Compatible Application by eBay in 2005 and the first one to integrate Amazon Web Services in France.Neteven’s developers collaborate daily with marketplaces engineers to provide enterprises with the most advancedsolution. Neteven integrates all functionalities and add new exclusive tools to facilitate and optimize the centralized management of the full sales cycle on global marketplaces.The team is made of experts coming from marketplaces, brands, manufacturers, wholesalers or software companies.
  • Tricount — Share group expenses amongst your friends. During or after a group activity, it is often necessary to do some accounting. With Tricount, you can easily figure out how much everyone owes or is owed.Market Problem Solved:For many reasons, people are often involved in group activities. This can be holidays, living in a shared house, sportevents or the organization of a party. During such activities, expenses are made by group members. And at the end, the group is due to pay back for the expenses. In order to do that, a group member has to keep track of all the expenses to make some calculation, a work that can be time-consuming and difficult to explain to the others.Our Solution:We developed the simplest solution for solving this headache. People can easily create group expense reports (in a few seconds only) and share it with their friends, so that they can check and add expenses. No identification is needed, just the same way as Doodle works. Reports are accessed through URL's. The tool is available on three platforms : a website, a Facebook application, and a iPhone application, to enable "on the go" data input. The website is available at http://www.tricount.com
  • Compliment.me (Acquired) — Compliment is a Brussels based wellness company. We provide daily personalized vitamin pack. Answer a quick questionnaire and get vitamin recommendation backed by science.
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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Community startups

The S.R.I.W. Group is an institution at the heart of the financial market that assists entrepreneurs in creating and developing businesses in the Walloon region. It reflects the effort of Wallonian industry in facing the challenges of the creation of economic value in the 21st century. Since its creation in 1979, the Société Régionaled’Investissement de Wallonie has continuously been expanding its abilities to adapt and anticipate as well as its flexibility in order to meet the requirements of its partners who are confronted with the evolution of the world economy. The principles of good governance, a strong business culture and shared values at the heart of the Group constitute important assets to capture the changing realities of the market and progress in a sustainable development perspective.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Series A, Series B
  • Geography: Belgium, United States, Spain

Investor stats

  • Total investments: 111
  • Round size: Series A $411k–$31M; Series B $1.6M–$75M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Univercells — Mix parlay, atau lebih dikenal sebagai parlay bola atau hanya parlay, merupakan taruhan judi bola online yang menggabungkan minimal 2 hingga 10 tim pertandingan sepak bola menjadi 1 tiket taruhan.
  • Intressa Vascular — Intressa Vascular provides innovative solutions to address life-threatening cardiovascular conditions such as aortic dissection.
  • Santero Therapeutics — This is the homepage of the website
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The Harbour
VC Fund · Gent, Oost-Vlaanderen, Belgium · 1 investments in Belgium Community startups

The Harbour is a financial advisory firm that helps companies with business financing services and advice.

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Investment focus

  • Industry: Hotel, Tourism, Software
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Round size: Seed $1M–$1.9M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Rookoo — Rookoo is AI-powered venue management software that automates event inquiries, checks availability, and books events 24/7. Used by Clays, Tour & Taxis, Wintercircus and more.
  • Tinrate — Tinrate is an easy-to-use connection that allows instructors, experts, and artists to be booked and paid immediately for their services. It serves as a link between your audience and your bank account rather than being a platform full of
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ING Group
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Community startups, 29 in the past 12 months

Corporate site of ING, a global financial institution of Dutch origin, providing news, investor relations and general information

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Investment focus

  • Industry: Energy, Renewable Energy, Solar
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: United Kingdom, United States, The Netherlands

Investor stats

  • Total investments: 128
  • Round size: Post-IPO Debt $149M–$3B; Debt Financing $100M–$1.3B
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Sonnedix — Sonnedix is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market.
  • Retina — Retina si occupa di realizzare infrastrutture nel Mezzogiorno per la produzione di biometano dalla conversione dei reflui zootecnici.
  • Nebius — Nebius Group offers AI services and infrastructure. An AI-centric cloud platform designed for demanding AI workloads is its main line of business.
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Naxicap Partners
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Community startups

Naxicap Partners is a financial partner responsible, active and present along with its holdings. Their concept of partnership is to provide their participants and their managers substantial support in periods of expansion as in times of difficulty, with lines of action to be effective and practical.

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Investment focus

  • Industry: Manufacturing, Software, Retail
  • Stage:Private Equity, Series A
  • Geography: France, Belgium, United States

Investor stats

  • Total investments: 103
  • Round size: Series A $2.7M–$22M; Private Equity $2M–$56M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $1B in 2021

Portfolio highlights

  • MYRE — With 17 years of professional experience, Deborah (founder) has devised a tailor-made tool adapted to the new challenges of an industry still waiting to be modernized, allowing real estate players to focus on tasks with high added value. MYRE help Asset Managers in taking the control of their datas (financials, legal,...) in the asset lifecycle.We provide Financials analysis and modeling capabilities, advanced dataroom, Debt management, Real Estate Master data management in an inclusive way with all the stakeholders (PM, brokers, bank, ...)MYRE is based on twofold expertise of both technology and real estate business needs.
  • Dog Chef — Dog Chef is an exhibit supplier of homemade and natural food for dogs across the region.
  • Anywr — Your trusted HR Expert
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Unbundled VC
VC Fund · St. Peter Port, NA - Guernsey, Guernsey · 1 investments in Belgium Community startups

unbundled vc - investing in early-stage startups, helping founders, being open about all aspects of venture capital and building in public

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Investment focus

  • Industry: Apps, SaaS, Retail
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Japan, Belgium

Investor stats

  • Total investments: 4
  • Round size: Seed $1.7M–$3.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Slip — No need for multiple apps, Slip is retailer agnostic so all your receipts are in one place.
  • Guud Woman — Verbeter je cyclus met Guud Woman. Onze supplementen ondersteunen je hormonen en vruchtbaarheid, bevorderen een gezonde huid en meer.
  • Yaso — Kuai Commerce is a next-generation solution for ambitious brands looking to sell directly to Chinese Gen Z consumers through the power of social commerce. Our tech-enabled services provide market entry and brand acceleration options for emerging category-leaders who otherwise would find the complexity of China prohibitively challenging
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Seedcamp
VC Fund · London, England, United Kingdom · 1 investments in Belgium Community startups, 32 in the past 12 months

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

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Investment focus

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

Investor stats

  • Total investments: 308
  • Lead/follow: no public data

Portfolio highlights

  • Sylvera — Sylvera Carbon offset ratings make offset quality and risks transparent. We make offsets auditable for offset sellers, intermediaries, buyers and investors.
  • Outverse — A community platform that's easier to use, better organised and designed for real interaction.
  • Dust — Dust is a platform for creating sophisticated processes based on large language models and semantic search.
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Singular
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Community startups, 10 in the past 12 months

Singular is a generalist venture capital firm backing ambitious European entrepreneurs.

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Investment focus

  • Industry: Software, Analytics, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: France, Germany, United Kingdom

Investor stats

  • Total investments: 65
  • Round size: Seed $3M–$10M; Series A $10M–$40M; Series B $29M–$60M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Apoha — Stealth stage start-up
  • Lucis — 110+ data points. 11 body systems. 450+ partner labs. Personalised coaching. Understand your body and act on improving it.
  • Tsuga — Tsuga is redefining observability for the modern enterprise. Our mission is to deliver next-generation insights, clarity, and control through innovative observability solutions that empower organizations to understand, optimize, and scale their systems with confidence.
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Como Venture
VC Fund · Como, Lombardia, Italy · 1 investments in Belgium Community startups

Como Venture is a venture capital firm specialized in seed and early stage investments.

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Investment focus

  • Industry: Events, Aerospace, Health Care
  • Stage:Seed
  • Geography: Italy, Belgium, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $1.1M–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hyperverse International — HYPERFAIR is a the most advanced tech international company that offer web-based cutting edge services. Since 2011 developped a WEBGL platform that enables the creation of immersive 3D virtual exhibitions, learning centers, events, and conferences, online configurators, realtime 3D. Avatar to avatar interaction make the experience easy accessible world wide and ideal for hybrid environments, in which real humans and online user could easily meet eachother with the same dynamics of the real life. Videocalls, screensharing, gamification tools, showcase products, private and public meetings. Hyperfair offers a web-based solution that allows users to explore virtual exhibition spaces, interact with exhibitors, and attend presentations, all from the comfort of their own computer.
  • Leaf Space — Leaf Space offers a global network of ground stations, providing seamless, cost-effective satellite communication with scalable solutions for all mission sizes.
  • Directa Plus — Directa Plus is a nanotechnology company, manufactures nanoparticles.
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Coformaco
VC Fund · Izegem, West-Vlaanderen, Belgium · 1 investments in Belgium Community startups

Coformaco - Family Office of Conny Vandendriessche

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Investment focus

  • Industry: SaaS, Finance, Women's
  • Stage:Seed, Pre-Seed, Private Equity
  • Geography: Belgium

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Guud Woman — Verbeter je cyclus met Guud Woman. Onze supplementen ondersteunen je hormonen en vruchtbaarheid, bevorderen een gezonde huid en meer.
  • Maurice & Nora — Maurice & Nora regelt vertrouwde hulp aan huis door zorgvuldig gescreende studenten. Van boodschappen en kinderopvang tot begeleiding, tuinhulp en gezelschap.
  • BrightAnalytics — Intuitive, reliable and fast. Consolidated reporting from BrightAnalytics.
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Cox Enterprises
VC Fund · Atlanta, Georgia, United States · 1 investments in Belgium Community startups

Empower to build. The story of Cox Enterprises is one of hard work, respect for employees, entrepreneurship and making bold decisions.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series C, Seed, Series A
  • Geography: United States, Italy, Belgium

Investor stats

  • Total investments: 76
  • Round size: Seed $100k–$3.6M; Series A $4.3M–$25M; Series C $20M–$100M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Hermeus — Building the world's fastest aircraft.
  • Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
  • Bending Spoons — Bending Spoons is a fast-growing tech company focused on building and marketing mobile applications. Despite being such a young company, we've already achieved notable results, with tens of millions of downloads of our apps, and millions of users active every month. Our goal? Becoming the #1 app developer and publisher in the world. And ourambitions don't end there!We invest immensely in our team, and we couldn't be more proud of each other. We are a group of extremely young, talented, and ambitious software engineers, data scientists, and graphic designers, with among our ranks entrepreneurs that raised money from prestigious VCs, ex-CERN, ex-Google, and ex-McKinsey. We work from our amazing headquarters in Milan, but also support remote work.We're always on the lookout for people that want to be part of our über-challenging journey to build one of the greatest tech companies in the world. If that sounds exciting to you, don't hesitate to apply at http://bendingspoons.com/careers.html.
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Sambrinvest
VC Fund · Gosselies, Hainaut, Belgium · 1 investments in Belgium Community startups

Sambrinvest is an active venture capital player in the region of Charleroi - Thuin.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, France, Spain

Investor stats

  • Total investments: 40
  • Round size: Seed $544k–$24M; Series A $987k–$46M; Series B $4.4M–$45M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Brenus Pharma — Brenus Pharma is an allogeneic platform to generate immune therapy ambitioning to harness patient immune system & prevent cancer resistance over treatment.
  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
  • Enodia Therapeutics — Enodia Therapeutics pioneers targeted protein degradation at the Sec61 translocon, developing small-molecule therapies for inflammatory and autoimmune diseases.
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Invest BW
VC Fund · 1 investments in Belgium Community startups

Invest BW is a funding program.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Grant, Series A, Seed
  • Geography: Belgium, Germany

Investor stats

  • Total investments: 7
  • Round size: Grant $215k–$2.4M; Series A $1.1M–$18M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • VCG.AI — The Intelligence Behind Global Circularity VCG.AI transforms industrial by-products and waste into valuable resources.AI-powered development of circular economy business models with the latest technology, material, market, and regulatory insights.Their proprietary AI solution, the Value Chain Generator®, helps companies, cities, and regionsaccelerate the transition to a circular economy, throughValorisation of By-products and Waste, Circular Product Development, Regional Circular Opportunities Assessment. When organisations want to better valorise by-products and waste, develop or source circular materials, or enhance circularity in their value chains, VCG.AI analyses thousands of data points to deliver the optimal solution tailored to their specific needs and locations. What once took months or years can now be achieved in just weeks—without the need to hire additional technology or bioeconomy experts. VCG.AI’s ever-expanding system includes: - 650+ validated circular solutions - 150+ different proven valorisation technologies - 3.5 M companies - 4M tons of project-ready organic residuals across EuropeVCG.AI is on a mission to accelerate the transition to a circular economy by unlocking circular opportunities for businesses worldwide. Learn more about them at www.vcg.ai.
  • IONNYK — IONNYK is a new medium of art photography, containing millions of tiny ink capsules.
  • Minagro — Minagro develops high-quality green products for crop care. Minagro conducts research activities in confirmed proprietary technologies from green and specialty chemistries.
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lyssna
VC Fund · Collingwood, Victoria, Australia · 1 investments in Belgium Community startups

Lyssna gaat samen met jou op zoek naar het ondernemend talent binnen je organisatie. Met die nieuwe inzichten gaat we aan de slag in de praktijk.

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Investment focus

  • Industry: Women's, Wellness, Fertility
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Guud Woman — Verbeter je cyclus met Guud Woman. Onze supplementen ondersteunen je hormonen en vruchtbaarheid, bevorderen een gezonde huid en meer.
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Fonds Vives II (University of Louvain, UCL)
VC Fund · 1 investments in Belgium Community startups

Fonds Vives II (University of Louvain, UCL)

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Seed
  • Geography: Belgium, United States

Investor stats

  • Total investments: 5
  • Round size: Series A $9.9M–$14M; Series B $6.6M–$75M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Virovet — Antiviral drugs and thermostable vaccines for livestock
  • Sunrise — Sunrise aims to bring simple answers to millions of people suffering from sleep disorders.We have developed a 3-gram sensor to diagnose sleep with gold standard quality. The technology offers a revolutionary new way to measure brain commands at night, with published clinical results never seen before. Studies demonstrate Sunrise is as accurate asin-lab sleep studies, at a fraction of the cost.Affecting one in three people, sleep disorders are extremely common. Sleep apnea is the most prevalent disease with almost 1 billion persons concerned. This condition leads to great body damage over time and yet remains undiagnosed in 80% of the cases.Patients, caregiver and insurers stand to benefit greatly from a solution to current highly cumbersome, expensive and time-consuming diagnostics systems.
  • ITeos Therapeutics — iTeos Therapeutics is pioneering the discovery and development of highly differentiated immuno-oncology therapeutics for cancer patients.
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New Enterprise Associates
VC Fund · Menlo Park, California, United States · 1 investments in Belgium Community startups

Foundational partners to ambitious founders at every stage of company-building.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1679
  • Round size: Series A $5.8M–$60M; Series B $10M–$85M; Series C $15M–$110M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.8B in 2022

Portfolio highlights

  • NeuroPace — The NeuroPace RNS System is the only FDA-approved epilepsy device that delivers personalized treatment by responding to abnormal brain activity and provides EEG data that can help improve patient care.
  • Packeteer — Packeteer is a global leader in WAN Application Delivery and WAN Optimization. The company offers an integrated family of appliances and software products. Packeteer is a provider of network software products that enhance mission-critical application performance over enterprise WANs and the Internet. These application-adaptive bandwidth managementsolutions give businesses and service providers per-application control of bandwidth at congested WAN access links.
  • Alteon Websystems — Alteon Websystems is a computer network hardware company that provides internet infrastructure solutions enabling e-businesses to meet their increasing demands.  The company’s portfolio of web data center products includes switches, server adapters, and software that are optimized to meet the specific challenges of managing web application trafficand provide high performance network infrastructure solutions.Alteo Websystems was founded in 1996 and is headquartered in San Jose, California.
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Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 1 investments in Belgium Community startups

Oxygen for growth - LRM

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Investment focus

  • Industry: Information Technology, Software, Biotechnology
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 97
  • Round size: Seed $494k–$5.2M; Series A $1.6M–$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.
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Community VC funding in Belgium at a glance

Stats across 52 deals from 87 investors.

87
investors
in Belgium Community startups
52
deals
in Belgium Community startups
$1.9M
median round
in Belgium Community startups
25%
lead investors
lead at least one round
37%
Seed
most common funding stage

Access all 87 VC funds in Belgium Community startups.

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