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Top 50 Consumer Startup Investors in Belgium (July 2026)

The most active venture capital funds and angel investors investing in Belgium Consumer startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Consumer startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
PMV
VC Fund
9 Belgium, United States, The Netherlands Series A, Seed Software, Biotechnology, Health Care $549k–$40M
The Faktory Fund
VC Fund
5 Belgium, France, United States Seed, Pre-Seed Software, Analytics, Information Technology $1.1M–$4.4M
Inventures SA
VC Fund
5 Belgium, France, United Kingdom Series A, Seed Health Care, Biotechnology, Manufacturing $82k–$13M
KBC Focus Fund
VC Fund
4 Belgium, The Netherlands, France Seed, Series A Semiconductor, Manufacturing, Electronics $1.2M–$17M
imec.xpand
VC Fund
4 Belgium, United States, Germany Seed, Series A, Series B Semiconductor, Manufacturing, Medical Device $3.3M–$100M
Saffelberg Investments
VC Fund
4 Belgium, Australia Series A, Seed Software, Information Technology, IaaS $2.7M–$4.4M
Qbic Fund
VC Fund
4 Belgium, The Netherlands Seed, Series A Biotechnology, Software, Health Care $868k–$28M
Gemma Frisius Fund
VC Fund
4 Belgium, France, United Kingdom Seed, Series A, Series B Biotechnology, Health Care, Medical $384k–$84M
Spreds
VC Fund
3 Belgium, France Series A, Seed, Series B Information Technology, E-Commerce, Health Care $165k–$2.5M
LeanSquare
VC Fund
3 Belgium, France, United States Seed, Series A Software, Music, Information Technology $200k–$12M
Gimv
VC Fund
2 Belgium, United States, France Series B, Series A Biotechnology, Health Care, Medical $3.3M–$79M
VCT Vector Gestion
VC Fund
2 Belgium Seed Computer, Electronics, Manufacturing $21M–$43M
Terra Drone
VC Fund
2 Belgium, Ukraine, United States Corporate Round, Series A, Series B Robotics, Drones, Aerospace
XAnge
VC Fund
2 France, Germany, Belgium Series A, Seed, Series B Software, SaaS, E-Commerce $1.1M–$68M
Bloc Ventures
VC Fund
2 United Kingdom, Israel, Belgium Seed, Series A Software, Internet of Things, Financial Services $655k–$16M
Eurazeo
VC Fund
2 France, United States, Germany Series B, Seed Software, Information Technology, Health Care $3.2M–$125M
Freshmen Fund
VC Fund
2 Belgium, The Netherlands Seed, Series A Financial Services, Apps, Sports $384k–$5M
Otium Capital
VC Fund
2 France, Spain, United States Seed, Series A Software, Health Care, E-Commerce $1.2M–$17M
WING by Digital Wallonia
VC Fund
2 Belgium Seed, Series A, Convertible Note Software, Health Care, Information Technology $219k–$11M
WE International
VC Fund
2 Belgium, United States, France Seed, Series A, Venture - Series Unknown Health Care, Energy, Biotechnology $2.2M–$251M
invest.bw
VC Fund
2 Belgium, United States Seed, Pre-Seed, Series A Electronics, Biotechnology, Manufacturing $2.9M–$43M
Smarter Ventures
VC Fund
2 The Netherlands, Belgium Seed, Venture - Series Unknown Software, AgTech, Sports $294k–$1.2M
S.R.I.W.
VC Fund
2 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $411k–$75M
New Science Ventures
VC Fund
2 United States, United Kingdom, Belgium Series B, Series A, Series D Biotechnology, Health Care, Medical $4M–$52M
AFI Ventures
VC Fund
1 France, Belgium, Germany Seed, Pre-Seed, Series A Environmental Consulting, GreenTech, Health Care
Eutopia VC
VC Fund
1 France, Belgium, Denmark Seed, Series A Retail, E-Commerce, Food and Beverage
Bosch Ventures
VC Fund
1 United States, China, Israel Series B, Series A Software, Information Technology, Artificial Intelligence
Galactic Beacon Ventures
VC Fund
1 Belgium Seed Drones, Transportation, Supply Chain Management
Thomas Dewitte
Angel
1 Belgium Seed Computer, Online Games, Virtual Reality
NXT Investment Club
VC Fund
1 Belgium Seed Drones, Transportation, Supply Chain Management
Capricorn Partners
VC Fund
1 Belgium, United States, The Netherlands Series B, Series A Biotechnology, Health Care, Software
Johan Smeyers
Angel
1 Belgium Electronics, Architecture, Information Services
Emmanuel Dewitte
Angel
1 Belgium Seed Computer, Online Games, Virtual Reality
Semtech
VC Fund
1 United States, Belgium, Germany Series A, Series C Software, Mobile, Internet of Things
Limburgse Reconversie Maatschappij
VC Fund
1 Belgium, United States, The Netherlands Series A, Seed Information Technology, Software, Biotechnology
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS
Endeit Capital
VC Fund
1 The Netherlands, Germany, Finland Series A, Series B Software, Information Technology, Advertising $3.4M–$37M
Join
VC Fund
1 Japan, Belgium Series B Drones, Software, Aerospace
Coelius Capital
VC Fund
1 United States, Canada, Belgium Seed, Series A, Series B Software, Health Care, Information Technology $1.7M–$35M
Innovation Industries
VC Fund
1 The Netherlands, Belgium, United States Seed, Series A Semiconductor, Manufacturing, Electronics $2M–$33M
Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund
1 Belgium, Israel, Germany Grant, Pre-Seed, Seed Biotechnology, Health Care, Software $160k–$3.2M
SoFi
VC Fund
1 Belgium, United States, Brazil Series A, Seed Software, FinTech, Apps $500k–$25M
Lean FUND
VC Fund
1 Belgium, United States, France Seed, Series B Internet, Apps, Software $66k–$384k
H&M Foundation - Global Change Award
VC Fund
1 India, United States, Canada Grant, Seed, Pre-Seed Textiles, Recycling, Sustainability $20k–$216k
European Union
VC Fund
1 Belgium Pre-Seed Fashion, CleanTech, GreenTech
Volta Ventures
VC Fund
1 Belgium, The Netherlands, United States Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $850k–$10M
Pleiade Venture
VC Fund
1 France, Belgium, United Kingdom Seed, Series A Software, E-Commerce, Artificial Intelligence $1.1M–$11M
New Enterprise Associates
VC Fund
1 United States, India, United Kingdom Series A, Series B, Series C Software, Health Care, Biotechnology $5.4M–$103M
ZEISS Group
VC Fund
1 Germany, Belgium, Switzerland Seed, Angel, Series A Sensor, Eyewear, Parking
Patrick Spaulding Ryan
Angel
1 United States, Mexico, Canada Pre-Seed, Seed, Angel Information Technology, FinTech, Software $89k–$10M
Access all 136 investors in Belgium Consumer startups.

Access 48,091 investors

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

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Investor list

PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 9 investments in Belgium Consumer startups

Do and dare company

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Investment focus

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

Investor stats

  • Total investments: 152
  • Round size: Seed $549k–$4.3M; Series A $2.7M–$40M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Animab — Animal Health Company
  • Sentea — Sentea makes fibre optic Sensing affordable to the industry and enables continuous monitoring even in harsh environments.
  • 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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The Faktory Fund
VC Fund · Liège, Liege, Belgium · 5 investments in Belgium Consumer startups

The Faktory is a hub for business ideas based on any disruptive technology with a high potential in international niche markets: ICT, Health, Environment, Media, Broadcast and more.

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Investment focus

  • Industry: Software, Analytics, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 22
  • Round size: Seed $1.1M–$4.4M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • IVEX — IVEX offers Repeatable and Scalable Testing & Validation Data Analytics solutions for ADAS/AD Vehicles.
  • e-peas — Discover e-peas, pioneer of the Ambient IoT concept since 2014, which offers the most efficient energy harvesting pmics on the market to make your devices more energy self-sufficient: AEMs.
  • xyzt.ai — xyzt.ai is a SaaS platform for ANALYTICS, REPORTING and VISUALIZATION of big location data in the Maritime & Ports, Smart City and Logistics industries. EASY & EFFORTLESS
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Inventures SA
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 5 investments in Belgium Consumer startups

Inventures is a European venture capital fund that builds a better world through a portfolio of investments in sustainable businesses.The firm has two funds: Inventures I & Inventures II.Inventures was created to support early stage smart and innovative European businesses, to support sustainable job growth and empower entrepreneurs.Inventures empowers citizenship co-investments through a crowdfunding platform, MyMicroInvest.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 46
  • Round size: Seed $82k–$2.2M; Series A $411k–$13M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • BiOceanOr — BiOceanOr harnessed the power of Marine Biology and AI to deliver bio-guided services that optimize fish welfare and fish growth, while supporting aquaculture sustainability standards
  • myskillcamp — Myskillcamp is a digital learning platform and educational design support service. Myskillcamp supports their customers in the digital transformation of their company and the launch of their Digital Learning project. From the audit of needs to the design of engaging educational devices, through a pilot phase, they make a point of honor to adapt thedigital to the specificities of each and give it meaning.With their online platform, businesses can manage their learner communities and connect all their partners in one place. Their tool also allows businesses to structure training spaces by skills, trades, brands within camps. In parallel, businesses can create educational content from scratch, select a map in their marketplace, or plan sessions in-class. Businesses can organize the distribution of their training to a single learner or to a whole group.
  • Octave — A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.
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KBC Focus Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 4 investments in Belgium Consumer startups

The KBC Focus Fund is a € 50 million venture capital fund that leverages the network of KBC in our investments. As we are an evergreen fund, we always strive for an exit when market conditions are favourable.

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Investment focus

  • Industry: Semiconductor, Manufacturing, Electronics
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands, France

Investor stats

  • Total investments: 24
  • Round size: Seed $1.2M–$6.6M; Series A $2.7M–$17M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Hummink — Dream Smaller Now : Experience a revolution with Hummink's world's smallest fountain pen. Redefine micro-scale writing with our innovative technology.
  • Axign — We are Axign. A company on a mission to conquer the worldwide consumer audio market with our unique, patented audio technologies.
  • CoolSem Technologies — CoolSem Technologies, based in Eindhoven, the Netherlands, was founded in 2025. The startup develops innovative wafer-level thermal management technologies that reduce thermal resistance and minimize mechanical stress in advanced semiconductor and photonic devices. With its WaLTIS multilayer stack, CoolSem replaces conventional substrates with aspecially designed layer structure that optimizes heat flow, stability and reliability.
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imec.xpand
VC Fund · Leuven, Vlaams-Brabant, Belgium · 4 investments in Belgium Consumer startups

Expanding nanotechnology into business.

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Investment focus

  • Industry: Semiconductor, Manufacturing, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, United States, Germany

Investor stats

  • Total investments: 52
  • Round size: Seed $3.3M–$23M; Series A $8.7M–$56M; Series B $12M–$100M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $351M in 2024

Portfolio highlights

  • Pharrowtech — Pharrowtech designs next-generation solutions for fixed-wireless access, wireless VR/AR and ultra-high capacity wireless links. It builds on more than 12 years of top-notch R&D performed at imec, the Belgian R&D powerhouse. Leveraging deep technical expertise in algorithm, chip and antenna design for millimeter-wave systems, it createsproducts with best-in-class performance, power and cost features.
  • Spectricity — Spectricity provides multispectral imaging solutions to enhance color accuracy and analysis capabilities in mobile and consumer electronics.
  • Swave Photonics — Swave develops Spatial Computing, Holography, holographic chips, and holograms in the HXR chip to create 3D augmented and virtual reality and HUD Heads Up Displays
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Saffelberg Investments
VC Fund · Gooik, Vlaams-Brabant, Belgium · 4 investments in Belgium Consumer startups

Saffelberg Investments is an independent investment company with a 250 million EUR capital base. We focus on long term investments by taking both majority stakes and substantial minorities in fast-growing ventures through risk-bearing capital.

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Investment focus

  • Industry: Software, Information Technology, IaaS
  • Stage:Series A, Seed
  • Geography: Belgium, Australia

Investor stats

  • Total investments: 9
  • Round size: Series A $2.7M–$4.4M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Deminor Litigation Funding — Founded in 1990, Deminor is a leading privately-owned and international litigation funder with offices in Brussels, London, Hamburg, New York, Hong Kong, Madrid, Milan, and Luxembourg. Deminor’s name, derived from the French ‘défense des minoritaires’, reflects its origins in providing services to minority shareholders. Deminor is still very muchdefined by the pursuit of good causes and its determination to restore justice for clients.Combining skill sets from 16 different nationalities and 14 languages, Deminor has funded cases in 18 jurisdictions including the Americas, the Middle East and offshore centres such as the Cayman Islands and Bermuda. With specialists in arbitration, intellectual property, competition, corporate & post-M&A, investments, enforcement, and tax litigation, Deminor has achieved positive recoveries for clients in more than 81% of the cases it has funded, against an industry average of 70%.In addition to funding one-to-one commercial claims, Deminor originates, syndicates and funds group actions. In 2018, Deminor was instrumental in reaching the largest ever settlement in Europe (EUR 1.3 bn in the Fortis case). Equally, the company does not shy away from being a first-mover in jurisdictions where funding has not been tested. It was the first funder to support collective actions in Italy and reached a landmark settlement in the Olympus securities action in Japan (2017).Deminor is immensely proud of its diverse client base, which includes some of the world’s most innovative and entrepreneurial companies, in addition to globe’s leading public and private pension funds, asset managers, sovereign wealth funds. Out of the ten biggest investors worldwide, four are recurring clients of Deminor.
  • Iristick — Iristick smart glasses are the most balanced and lightweight on the market. A phone-tethered, comfortable hands-free solution for the deskless workforce.
  • Radian Arc — Radian Arc is a content delivery network (CDN) that sets up broadband services around the world to make it easier to send video or gaming data to consumers.
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Qbic Fund
VC Fund · Belgium, Wisconsin, United States · 4 investments in Belgium Consumer startups

The Qbic Fund is a multi-sector fund supporting spin-off companies of the Ghent, Brussels and Antwerp university associations and of VITO. Through its strategic partnership with the universities of Ghent, Brussels and Antwerp, and VITO, the Qbic Fund has early and privileged access to promising research projects at these partner universities. Ourinvestment approach is based on early in-depth and independent review and analysis followed by hands on involvement and support.In May 2012 the Qbic Fund held its first close and currently it has over € 30 million under management. The Qbic Fund is backed by several public and private investors and managed by Qbic Venture Partners.

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Investment focus

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

Investor stats

  • Total investments: 57
  • Round size: Seed $1.3M–$7.7M; Series A $868k–$28M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $57M in 2022

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • Accelleran — Accelleran is pioneering a disruptive approach to the delivery of cost-effective, carrier and mission-critical grade TDD and FDD Small Cell networks through its focus on software quality and partnerships with volume manufacturers.Accelleran provides LTE Small Cell software and LTE Small Cell product solutions which address the real-worldchallenges of volume deployment of Small Cells. We offer turnkey solutions and unique experience on the challenges of integrating cellular technology on low cost, yet powerful platforms and architectures. Accelleran offers its customers solid and dependable system solutions, backed by the support of our unparalleled expertise.Accelleran’s technology is genuinely independent from any HW platform and enables operators to invest once in the integration and validation of a common software base that can be deployed across different segments, platforms and Small Cell architectural approaches to enable a truly integrated HetNet.
  • Blue Foot Membranes — Blue Foot Membranes delivers unbreakable MBR membranes for wastewater treatment. Reliable water reuse, high capacity and low total cost of ownership.
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Gemma Frisius Fund
VC Fund · Leuven, Vlaams-Brabant, Belgium · 4 investments in Belgium Consumer startups

Gemma Frisius Fund KU Leuven is a seed capital fund that aims to stimulate the creation and growth of university related spin-off companies.

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Investment focus

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

Investor stats

  • Total investments: 39
  • Round size: Seed $384k–$4.6M; Series A $932k–$84M; Series B $4.4M–$24M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Runeasi — The first scientifically validated wearable solution to measure impact while running and detect how your body responds to it - Perform real-time biomechanical assessments - Guide your athletes and patients with actionable insights to help them run more efficiently and recover from injuries with confidence
  • Aspect Analytics — Aspect Analytics offers consultancy services, home-grown software, development of workflows, and customization of software.
  • Magics Technologies — Magics Technologies is a nuclear research center that develops autonomous machines for sustainable energy sources.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Consumer startups

We empower high-potential entrepreneurship and democratize venture capital. Discover promising start-ups & SMEs and invest alongside business angels.

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Investment focus

  • Industry: Information Technology, E-Commerce, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France

Investor stats

  • Total investments: 15
  • Round size: Seed $165k–$1.3M; Series A $247k–$2.5M; Series B $165k–$680k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Jelloow — Jelloow is a data-driven platform designed to help businesses clearly identify their true marketing needs. Instead of relying on assumptions or generic solutions, we analyze key data points to provide precise, tailored insights. Our approach eliminates guesswork, ensuring that companies invest in the right marketing strategies to achieve theirgoals. With Jelloow, businesses can confidently navigate their marketing landscape, knowing they’re making decisions backed by real data.The Jelloow process: 1. Plan, Scope and Post your project 2. Get pitches from Marketing Agencies 3. Select your team and start your project. Simple as it can be. Our Jelloow Leads are marketing experts, and will provide best practices so you can see results, ASAP. Get started with a (free!) planning call Let’s chat!
  • Digiteal — Digiteal offers a wide range of services for e-invoice presentment, electronic payments and open banking.
  • NietsCo — NietsCo. is the home of Botaniets Gin 0.0%, a leading selection of alcohol-free products, carefully distributed to the world's best restaurants, concept stores, shops and consumers.
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LeanSquare
VC Fund · Liège, Liege, Belgium · 3 investments in Belgium Consumer 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: 45
  • Round size: Seed $200k–$2M; Series A $247k–$12M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Un:Hurd Music — Welcome to the one stop music marketing shop. We help you understand your audience before creating award winning release strategies.
  • 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.
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Access 48,091 investors

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

Browse database — It's Free!
Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 2 investments in Belgium Consumer startups

Gimv, a trusted European investment company, helps mid-market businesses create sustainable value through growth capital and expertise across diverse sectors.

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Investment focus

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

Investor stats

  • Total investments: 169
  • Round size: Series A $3.3M–$79M; Series B $7M–$69M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $622M in 2010

Portfolio highlights

  • spineart — Spineart is a privately held medical device company focused on simplifying the surgical act by designing, developing and promoting safe and efficient solutions to spine surgeons, operating room teams, and patients.
  • ImCheck Therapeutics — ImCheck Therapeutics is a developer of immuno-modulatory antibodies designed for the treatment of cancer and other immune-related diseases. The company's services are engaged in the discovery and development of immunomodulators for treating breast cancer, gastric, ovarian cancer cells and other solid solid tumours.
  • Anjarium Biosciences — Pioneering the next generation of non-viral gene therapy - by tackling more diseases, more precisely and in a more personalized way.
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VCT Vector Gestion
VC Fund · Nyon, Vaud, Switzerland · 2 investments in Belgium Consumer startups

VCT Vector Gestion is a wealth management company that offers financial services.

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Investment focus

  • Industry: Computer, Electronics, Manufacturing
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Round size: Seed $21M–$43M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
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Terra Drone
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Belgium Consumer startups

Terra Drone Indonesia provides drone services for various industry sector such as mining, construction, oil & gas, energy, and utilities.

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Investment focus

  • Industry: Robotics, Drones, Aerospace
  • Stage:Corporate Round, Series A, Series B
  • Geography: Belgium, Ukraine, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Unifly — Unifly - Enabling autonomous aviation
  • Aloft — Aloft provides an FAA approved airspace and fleet management platform, powering mission-critical drone operations for public safety and the enterprise.
  • Amazing Drones — Amazing Drones develops and manufactures FPV drones, interceptor drones, and rocket-type unmanned systems for military and defense use. The company designs and produces HUMMEL series quadcopters of various sizes for bomber, kamikaze, and reconnaissance missions, as well as SkyRider rocket drones with onboard computing for guidance. Amazing Dronesalso supplies accessories, customization options, and testing for its UAVs and shares technical guidance and analysis about drone warfare and counter‑UAV technologies.
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XAnge
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Consumer startups

XAnge is a Franco-German team of venture capital investors that manages €450 million and invests in digital, deeptech, and impact startups.It is the innovation brand of the Siparex group, a major player in French private equity. XAnge is a key European investor in early-stage startups and is looking for game-changing startups and entrepreneurswho rock the code[s].The Paris, Ile-de-France-located company was founded in 2004.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: France, Germany, Belgium

Investor stats

  • Total investments: 218
  • Round size: Seed $1.1M–$7.6M; Series A $3M–$20M; Series B $6.6M–$68M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $234M in 2021

Portfolio highlights

  • Dogami — Dogami is a mass-market NFT play-to-earn game that is centered around 3D NFT dog avatars.
  • Tomorro — Leeway helps you reduce the time spent on contract management and gives you more control and visibility over legal and financial risks.
  • Goodays (ex Critizr) — Critizr Connection is a Customer Interaction Management Platform that helps brands become customer-obsessed and deliver memorable customer experiences.
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Bloc Ventures
VC Fund · London, England, United Kingdom · 2 investments in Belgium Consumer startups

Bloc is a specialist deep tech investor. We back ambitious entrepreneurs building products across cloud, connectivity, data science and security with the potential to impact whole industries.

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Investment focus

  • Industry: Software, Internet of Things, Financial Services
  • Stage:Seed, Series A
  • Geography: United Kingdom, Israel, Belgium

Investor stats

  • Total investments: 24
  • Round size: Seed $655k–$6.6M; Series A $2.2M–$16M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Paytia — Paytia specialises in providing secure card payments by phone. Receive payments quickly and securely while achieving PCI compliance.
  • Crypta Labs — Crypta Labs is a London-based quantum security startup specialising in the development of Quantum Random Number Generator chip and software to secure Industrial Internet of Things (IIoTs).They are currently working with the UK Centre for Defence Enterprise, part of the Ministry of Defence, to build them a bespoke Quantum Random Number Generatorused to seed encryption. We're one of a handful of companies in the world that can do this, and the ONLY one in the world (which they know of) that are commercialising this on a MOBILE phone. Winner of the Cybersecurity Awards for ‘Cyber Security Start-Up of the Year’, named by Hewlett Packard Enterprise as Top 5 UK Startups Revolutionising Enterprise Tech and Venture Radar UK’s Hottest New Fintech Startups, Crypta Labs scientific and technology advancement means we're one the leading scientific Startups that is tackling the problems of securing Industrial Internet of Things.
  • Zeetta Networks — Zeetta Networks spun out of the renowned High-Performance Networks Group of Bristol University in 2015 to commercialise the group’s leading Network Virtualisation & Slicing technology. Our patent-protected software technology, NetOS®, enables network operators to virtualise their networks, and then automate operations and expose the network’scapabilities in a way that cannot be done today by any of Zeetta’s competitors. We have strong market traction and engaged with world leading players, including Deutsche Telecom, Orange, BT, Colt, Facebook, and Vodafone, amongst others. Moreover, NetOS® includes a powerful Virtualization Engine which uniquely operates across different types of networks. This enables the development of “network slices” i.e. logical and isolated sub-networks which can be used like real physical networks for the development of applications. Network Virtualization enables the most efficient use of the network resources because they can be shared among many users with guaranteed Quality of Service (QoS) for each service and user.
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Eurazeo
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Consumer startups

Eurazeo is a private equity and venture capital firm that invests in SMEs and manages a diversified portfolio of assets.With its expertise in private equity, real estate, and private debt, the group supports companies of all sizes in their development commitment through the commitment of its 235 professionals. It provides companies with thenecessary investments needed to realize their growth potential.The firm was founded in 1969 and is based in Paris, Ile-de-France, France.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series B, Seed
  • Geography: France, United States, Germany

Investor stats

  • Total investments: 298
  • Round size: Seed $3.2M–$16M; Series B $17M–$125M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Kolleno — The Kolleno platform helps small, medium and enterprise level businesses in various industries to accelerate and track payments, whilst driving a better customer experience.Kolleno is a unified AR Management Platform that streamlines your credit control, getting you paid faster and more consistently. Kolleno connects with your business softwarein a single click and simplifies all your cash-collection processes. Our AI-based technology allows you to prioritise your workflow, automate manual chasing, sequence personalised payment reminders through multiple communication channels, and reconcile payments with ease. We rethink the process and prioritise customer satisfaction to ensure cash conversions.
  • Germitec SAS — Germitec is a world leader in UV-C high-level disinfection. Fast, safe, chemical-free, one-button UV-C high-level disinfection for ultrasound probes.
  • Celcius Logistics Solutions — India's Largest 'ONLINE " cold chain network.Book reefer vehicles, Cold Storages or get booking for your vehicle and cold storages across India instantly with the best price
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Freshmen Fund
VC Fund · Antwerp, Antwerpen, Belgium · 2 investments in Belgium Consumer startups

Fueling B2C ventures in Urban Mobility, Consumer AI, and Progressive Niche Brands. With a distinct network of advisors & investors, and over 30 years of experience in brand-building, go-to-market and growth hacking, we support exceptional entrepreneurial teams with smart capital.

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Investment focus

  • Industry: Financial Services, Apps, Sports
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 4
  • Round size: Seed $384k–$5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Levenue — Levenue is a platform that helps recurring revenue businesses to get funded without dilution of shares
  • Cake App — JURAGAN69 menjadi salah satu halaman khusus para members setia pecinta slot gacor di Indonesia, jangan lupa untuk daftar menjadi anggota baru di juragan 69.
  • Runeasi — The first scientifically validated wearable solution to measure impact while running and detect how your body responds to it - Perform real-time biomechanical assessments - Guide your athletes and patients with actionable insights to help them run more efficiently and recover from injuries with confidence
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Otium Capital
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Consumer startups

In 2015, two independant investment teams were created in Paris inside Otium Capital, Pierre-Edouard Stérin's family office:* Otium Venture, focused on Seed investments in Tech companies (€40m invested in 14 companies among which Payfit, Doctrine, Owkin...)* Otium Brands, focused on Seed & Series A investments in Consumer GoodscompaniesIn 2019, the two teams spun off to become independant investment firms:* Otium Venture became frst* Otium Brands became Eutopia

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A
  • Geography: France, Spain, United States

Investor stats

  • Total investments: 94
  • Round size: Seed $1.2M–$7.7M; Series A $1.6M–$17M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $204M in 2015

Portfolio highlights

  • Stratumn — Stratumn is a SaaS software company, based in Paris. Stratumn has invented a digital, irrefutable and customer-oriented audit trail based on the blockchain technology. Stratumn simply connects with existing data sources and tools and gives business users an overview of their critical processes, regardless of the system or the contributor. Ourcustomers are leading European players in Bank and Insurance.
  • comet — Comet is a platform created in September 2016 that seamlessly matches the best hard-skill Freelancers to top companies.These experts want to work as Freelancers and companies won’t survive without them. Their goal is to satisfy both sides: relevant and prompt skills for companies, security and inspiring projects for Freelancers.They screen andevaluate the best tech and data talents to build an interactive community. We're developing a smart product, powered by strong algorithms, to enhance their user experiences.
  • Source{d} — Source{d} is an engineering observability platform that develops neural networks for the executives to analyze and understand actionable insights about codebases, software development processes, and teams. The company is characterized by matching the code of developers to bring them closer to an appropriate project based on the objective measure oftheir work.
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WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Consumer 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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WE International
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Consumer startups, 6 in the past 12 months

WE International is a financial firm that provides an array of loans, funding, acquisition, and investment services.

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Investment focus

  • Industry: Health Care, Energy, Biotechnology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Belgium, United States, France

Investor stats

  • Total investments: 22
  • Round size: Seed $2.2M–$43M; Series A $10M–$57M; Venture - Series Unknown $16M–$251M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
  • VolitionRx — Volition is a multi-national life sciences company developing simple, easy to use blood-based cancer tests to accurately diagnose a range of cancers. The tests are based on the science of Nucleosomics, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid which is an indication that disease ispresent.As cancer screening programs become more and more widespread, its products aim to help to diagnose a range of cancers quickly, simply, accurately, and cost-effectively. Early diagnosis has the potential to not only prolong the life of patients but also to improve their quality of life.Volition's research and development activities are currently centered in Belgium, with additional offices in London, Texas, and Singapore, as the company focuses on bringing its diagnostic products to market first in Europe, then in the U.S. and worldwide.
  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
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invest.bw
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 2 investments in Belgium Consumer startups

invest.bw is a venture capital firm.

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Investment focus

  • Industry: Electronics, Biotechnology, Manufacturing
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Belgium, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $2.9M–$43M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
  • ARK Capture Solutions — ARK Capture Solutions is a cleantech company that specializes in decarbonization solutions to record low energy consumption.
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Smarter Ventures
VC Fund · Breda, Noord-Brabant, The Netherlands · 2 investments in Belgium Consumer startups

Smarter Ventures is an investment firm.

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Investment focus

  • Industry: Software, AgTech, Sports
  • Stage:Seed, Venture - Series Unknown
  • Geography: The Netherlands, Belgium

Investor stats

  • Total investments: 5
  • Round size: Seed $294k–$1.2M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Onesurance — Onesurance helpt insurance brokers en MGAs groeien met slimme technologie. Plan een demo en ontdek wat wij voor jouw organisatie kunnen betekenen.
  • Runeasi — The first scientifically validated wearable solution to measure impact while running and detect how your body responds to it - Perform real-time biomechanical assessments - Guide your athletes and patients with actionable insights to help them run more efficiently and recover from injuries with confidence
  • Passionfruit — Passionfruit helps in collecting sustainability data, automate admin tasks, and share audit-ready sustainability responses.
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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Consumer 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 — We are biotech innovators, rooted in Belgium, driven by one purpose: To transform how biotech drugs are made so everyone, everywhere, can get them.
  • 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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New Science Ventures
VC Fund · New York, New York, United States · 2 investments in Belgium Consumer startups

New Science Ventures is a venture capital firm that focuses on investments in life sciences and information technology companies. They invest in early and late stage companies taking novel scientific approaches to address significant unmet needs, while creating order-of-magnitude improvements in performances. The company also invests in companiesusing science-based innovations to address market needs in life sciences such as pharmaceuticals, biologics, medical devices, diagnostics, and IT. The team of the company expertise in strategy and corporate planning, operations and cost management, and leadership development.

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Investment focus

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

Investor stats

  • Total investments: 85
  • Round size: Series A $4M–$49M; Series B $8M–$52M; Series D $5M–$38M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $4.9M in 2020

Portfolio highlights

  • EXTEN Technologies — EXTEN HyperDynamic software platform solves the primary challenges of today's data centers: the necessity of keeping up with surging data density, velocity, and volume requirements, and the need for increased application agility.
  • BrightVolt — BrightVolt is an innovative manufacturer of solid-state thin & flexible lithium polymer batteries and power-efficient thin & flexible microelectronics for IoT clients. It specializes in the fields of battery, electronics, and manufacturing. BrightVolt got recapitalization in November 13, 2013.
  • Phase Four — Phase Four is a provider of electric propulsion (EP) for small satellites.The company was founded in 2015 to accelerate the advancement of its core differentiator, the Radio Frequency Thruster (RFT). The hallmark of Phase Four’s RFT is simplicity. Because the RFT omits a hollow cathode and high voltage electronics, three key improvements arerealized: 1) a 10x materials cost savings versus legacy EP systems, 2) a significant decrease in the size of power electronics, and 3) propellant agnosticism. In a first for EP, the Phase Four RF thruster accomplishes this while achieving performance in the same thrust, specific impulse (Isp), and efficiency class as legacy plasma propulsion solutions.
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AFI Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Consumer startups

Alliance For Impact (AFI) is a category-defining structure for impact companies combining equity-free acceleration with first-ticket seed funding.

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Investment focus

  • Industry: Environmental Consulting, GreenTech, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, Belgium, Germany

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • Moonwatt — Moonwatt solves problems of the energy transition through innovative energy products hardware and software.
  • Tilt Energy — We are passionate engineers, PhD, business grads on a mission to help the energy transition using our skills: software and AI ! As we need to produce and consume energy in a more responsible, efficient and low-carbon way, our solution enables decentralized energy consumers to better integrate into the grid. We are building an innovative platformthat empowers the widespread adoption of renewable energies and everyone to take charge of their energy consumption. If energy is a topic at heart and you like challenge then join us !
  • Nova Carbon — High-performance sustainable carbon fiber composites
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Eutopia VC
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Consumer startups

Eutopia is a fund for consumer startups. We back founders who are rethinking the way we eat, shop, sleep and feel. We are backing 26 startups

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Investment focus

  • Industry: Retail, E-Commerce, Food and Beverage
  • Stage:Seed, Series A
  • Geography: France, Belgium, Denmark

Investor stats

  • Total investments: 14
  • Lead/follow: no public data

Portfolio highlights

  • GOURMEY — We create sustainable cultivated meat delights for an uncompromising and conscious generation.
  • Bastille — Bastille is a brand of urban bicycles. The Astir brand is synonymous with folding bicycles. The primary quality constraint Bastille, a British designer, aims to create a folding motorcycle with standard wheels rather than the mini 16-inch wheels that are traditionally associated with folding bikes.
  • Nous anti-gaspi — We anti-Gapsi is the network of anti-waste food stores. This grocery store project offers producers and manufacturers the opportunity to their downgraded and unsold products at a fair price. They are a qualitative environment, they market products excluded from the usual mass distribution circuits for small defects, physical defects, contract-datenot respected, and end of series. They offer consumers a new mode of consumption that gives priority to common sense and that is at the same time smart, qualitative, and eco-responsible. In their stores, they offer you to find, in a warm atmosphere, a complete choice of food products to save waste: fruits and vegetables, fresh and frozen products, groceries, and even a small bulk section.
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Bosch Ventures
VC Fund · Stuttgart, Baden-Wurttemberg, Germany · 1 investments in Belgium Consumer startups

Invented for life: we want our products to spark enthusiasm, improve quality of life, and help conserve natural resources.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series B, Series A
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 140
  • Lead/follow: no public data

Portfolio highlights

  • Corvic AI — Corvic AI is pioneering a new era of Data-Centric AI Cognitive Infrastructure by transforming raw enterprise data into AI-ready intelligence.
  • Astronomer — Astronomer’s mission is to help organizations realize the potential of Apache Airflow. Building on the foundation of Astronomer Cloud, the market-leading Airflow as a Service offering, Astronomer is developing new standards of scale, performance, and reliability and leading the way to enterprise-grade Airflow.
  • iPronics — Discover the power of lossless optical switches for low latency and flexible AI architectures. Increase density and reduce power consumption with our innovative technology.
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Galactic Beacon Ventures
VC Fund · 1 investments in Belgium Consumer startups

Galactic Beacon Ventures is an investment firm.

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Investment focus

  • Industry: Drones, Transportation, Supply Chain Management
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • 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.
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Thomas Dewitte
Angel · 1 investments in Belgium Consumer startups

Thomas Dewitte is an individual investor.

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Investment focus

  • Industry: Computer, Online Games, Virtual Reality
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Oisoi Studio — Oisoi Studio is a virtual reality gaming studio focusing on interactive multi-player experiences and creativity.
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NXT Investment Club
VC Fund · 1 investments in Belgium Consumer startups

NXT Investment Club is an investment firm.

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Investment focus

  • Industry: Drones, Transportation, Supply Chain Management
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • 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.
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Capricorn Partners
VC Fund · Leuven, Vlaams-Brabant, Belgium · 1 investments in Belgium Consumer startups

Capricorn Partners is a unique independent manager of venture capital, growth capital and quoted equity funds

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Investment focus

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

Investor stats

  • Total investments: 107
  • Lead/follow: no public data

Portfolio highlights

  • InsectSense — MIMICKING HOW INSECTS SENSE | Biomimetic technology based on the sensing mechanism of insects. A deeptech platform that applies synthetic biology, microfluidics and is powered by machine learning.
  • Minze Health — Minze Health is a health tech start-up that builds creative digital health solutions for urology, pelvic health, and (in)continence care.
  • Econic Technologies — At Econic, we are pioneering the transformation of CO2 into high-performance materials that shape a better future for all.
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Johan Smeyers
Angel · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Consumer startups

Johan Smeyers joined Arkite NV CEO & Founder in 2015.

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Investment focus

  • Industry: Electronics, Architecture, Information Services
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Arkite NV — Improve your operations with operator guidance for automotive, aerospace, aviation, and military solutions.
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Emmanuel Dewitte
Angel · 1 investments in Belgium Consumer startups

Emmanuel Dewitte is an individual investor.

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Investment focus

  • Industry: Computer, Online Games, Virtual Reality
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Oisoi Studio — Oisoi Studio is a virtual reality gaming studio focusing on interactive multi-player experiences and creativity.
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Semtech
VC Fund · Camarillo, California, United States · 1 investments in Belgium Consumer startups

Semtech Corporation is a leading supplier of high-quality analog and mixed-signal semiconductor products. We are dedicated to providing customers with proprietary solutions and breakthrough technology in power management, protection, advanced communications, human interface, test & measurement, as well as wireless and sensing products. Ourintegrated circuits (ICs) are employed in communications, computer and computer-peripheral, automated test equipment, industrial and other commercial applications.

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Investment focus

  • Industry: Software, Mobile, Internet of Things
  • Stage:Series A, Series C
  • Geography: United States, Belgium, Germany

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Lineable — Lineable uses a combination of both common and advanced technologies such as Bluetooth, GPS, and LPWAN to deliver the most effective and price competitive products for the market. Lineable specializes in connected wearables that help to keep our families connected to their loved ones.
  • Dryad Networks — Overview of Dryad, providing ultra-early fire detection as well as forest growth and health monitoring.
  • Microshare — Microshare® provides turnkey Smart Facilities data solutions at scale that bring safety, wellness, cost savings and sustainability to our clients' vital assets. Our Sensing-as-a-Service model and global reseller network helped our clients get back to business quickly, safely and cost efficiently in 2020, all while shedding new light on thetrue performance and utility of their real estate holdings to prepare them for success in the post-pandemic future. Microshare is a proud member of the LoRa Alliance and key provider of LoRaWAN solutions for Microsoft Azure.
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Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 1 investments in Belgium Consumer startups

Oxygen for growth - LRM

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Investment focus

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

Investor stats

  • Total investments: 84
  • Lead/follow: no public data

Portfolio highlights

  • Cumul.io — Create powerful dashboards in minutes. Share with your teams, or integrate in your platform. Drive growth in your business today!
  • ADLC — ADLC employs drone technology to deliver logistics services, allowing businesses to implement drone-based solutions without having to manage them in-house. The company is focused on enhancing last-mile delivery in maritime and offshore environments. ADLC now conducts drone delivery services in the Port of Antwerp in collaboration with SGS, atesting and certification company, and works with companies such as BASF. Its drones have reduced delivery times and environmental effect, boosting efficiency sixfold and lowering CO2 emissions by up to 80% for petrochemical sample deliveries.
  • Raw Stadia — Raw Stadia is a sports technology company that specializes in surface player interactions.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Consumer startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

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

Investor stats

  • Total investments: 503
  • Lead/follow: no public data

Portfolio highlights

  • Kredete — Kredete is a digital lending platform that provides free credit scores and reports to underserved individuals and small businesses in Africa to help them gain access to formal credit and improve their financial health. The platform connects borrowers with lenders and enterprises in Africa and is designed to simplify the lending process and makecredit more accessible by leveraging cutting-edge technology. Kredete offers a user-friendly platform that guides borrowers, lenders, and enterprises through the process of offering loans, making it simple for them to provide the right loan products for their needs.One of the key features of Kredete is its instant approval process, which is made possible by advanced algorithms and artificial intelligence. The platform offers flexible lending options by partnering with a variety of lenders and enterprises, enabling borrowers to choose the best option for their specific situation.Kredete is committed to protecting the privacy and security of all users' personal and financial information. It uses robust encryption and security measures to ensure that sensitive data remains safe and secure. Additionally, the platform maintains transparency throughout the loan process, providing lenders, enterprises, and borrowers with clear information about loan terms and associated fees.Kredete believes in empowering its users with the knowledge and resources they need to make informed financial decisions. To this end, the platform offers financial education, tools, and resources to help users better understand and manage their finances. Kredete also works closely with businesses and institutions to provide tailored financial solutions for their unique needs.Through its focus on accessibility, convenience, and transparency, Kredete is transforming the lending landscape in Africa and helping to bridge the financial inclusion gap. The platform remains dedicated to its mission of empowering lenders, enterprises, and borrowers across the continent to access the funds they need to achieve their financial goals.
  • auxmoney — Auxmoney is an online peer-to-peer loan marketplace created to offer a means of exchange between people. Its lending platform enables private consumers to borrow from private investors for personal loans, thereby providing borrowers a bank free borrowing system and a return on investment for lenders.
  • Digitail — Grow your practice, offer a modern client experience, and automate routine practice tasks with the proven all-in-one veterinary software.
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Endeit Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Consumer startups

Endeit Capital is a growth capital firm fueling internationalisation and innovation.

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Investment focus

  • Industry: Software, Information Technology, Advertising
  • Stage:Series A, Series B
  • Geography: The Netherlands, Germany, Finland

Investor stats

  • Total investments: 52
  • Round size: Series A $3.4M–$22M; Series B $10M–$37M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Finst — Finst a revolutionary cryptocurrency investment platform with 82% lower fees. Finst is backed by some of the founders and ex-core team of DEGIRO.
  • Virtuagym — Virtuagym B.V. operates an online fitness platform that offers basic exercise, personal training, and tailor-made nutrition plans for users. The company was founded in 2008 and is based in Amsterdam, the Netherlands.
  • Amberscript — Europe's trusted partner for secure transcription and subtitling. ISO 27001 & 9001 certified, fully GDPR-compliant. 99%+ accurate.
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Join
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Belgium Consumer startups

JOIN is a new form of infrastructure investment fund that supports Japanese companies engaging in overseas infrastructure projects through the utilization of Japanese knowledge, technology and experience acquired over the long history of their business.

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Investment focus

  • Industry: Drones, Software, Aerospace
  • Stage:Series B
  • Geography: Japan, Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Unifly — Unifly - Enabling autonomous aviation
  • Terra Drone — Terra Drone Indonesia provides drone services for various industry sector such as mining, construction, oil & gas, energy, and utilities.
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Coelius Capital
VC Fund · San Francisco, California, United States · 1 investments in Belgium Consumer startups

Coelius Capital provides entrepreneurial early-stage capital for technology startups. Coelius Capital generally invests in B2B or B2B2C companies.

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Investment focus

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

Investor stats

  • Total investments: 51
  • Round size: Seed $1.7M–$6.5M; Series A $11M–$33M; Series B $13M–$35M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Metaview — Metaview uplevels the most outcome-defining part of your recruitment process: your interviews.
  • sintra.ai — Build, grow, and scale your business with a team that never sleeps.
  • Known — Known is different. Built on knowing you first, not rushing to a date.
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Innovation Industries
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Consumer startups

Innovation Industries is a Dutch venture capital fund investing in impactful deep tech, focusing on sustainability, scalability, and ESG-aligned companies.

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Investment focus

  • Industry: Semiconductor, Manufacturing, Electronics
  • Stage:Seed, Series A
  • Geography: The Netherlands, Belgium, United States

Investor stats

  • Total investments: 76
  • Round size: Seed $2M–$12M; Series A $6.3M–$33M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $204M in 2023

Portfolio highlights

  • Aphea.Bio — Driving the revolution in biologicals
  • Orbem — Transform biological imaging with AI-powered MRI technology. Non-invasive solutions for poultry, fruits, nuts, and health. Building a sustainable future.
  • Arycs Technologies — EFFECT Photonics produces components for fibre optic networks based on photonic chip technology, originally developed at Eindhoven University of Technology. The unique chip technology from EFFECT Photonics delivers high communication speeds for low costs and low energy consumption. EFFECT Photonics products are used to connect mobile networktransmitters to the rest of the Internet and to connect data centres. With the technology of EFFECT Photonics, the capacity of existing fibre optic networks can be increased without having to install additional cables. EFFECT Photonics has offices in Eindhoven Netherlands, Great Britain and Taiwan and an international network of sales partners.
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Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Consumer startups

Basic and applied research fund of the Flemish regional government in Belgium

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Belgium, Israel, Germany

Investor stats

  • Total investments: 36
  • Round size: Seed $517k–$1.9M; Grant $261k–$3.2M; Pre-Seed $160k–$2M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • WeHave — Enter the cookieless era of advertising with WeHave's first-party data collaboration. Leverage external data in a gdpr compliant way.
  • Summ.link — Summ.link works to transform enterprises by enhancing the employee experience through strategy and strong insights based on trustworthy data, which leads to improvements in digital processes. By putting a strong emphasis on data intelligence and people analytics, it seeks to provide everyone in the organization with actionable information.Application development, big data, AI, cloud solutions, and other services are among their offerings.
  • Gorilla — We empower Energy Retailers in pricing, forecasting and reporting with data-driven solutions in boosting speed and flexibility.
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SoFi
VC Fund · San Francisco, California, United States · 1 investments in Belgium Consumer startups

SoFi is a finance company that offers a range of lending and wealth management services. The company primarily caters to early-stage professionals and offers variable and fixed rate parent, personal, and MBA loans, mortgage refinancing, and more. They create modern financial products and services that help people borrow, save, spend, invest, andprotect their money better so that they can achieve financial independence and realize their ambitions from owning a home to saving for retirement, paying off their student loans, and more.It was founded in 2016 and is headquartered in San Francisco, California.

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Investment focus

  • Industry: Software, FinTech, Apps
  • Stage:Series A, Seed
  • Geography: Belgium, United States, Brazil

Investor stats

  • Total investments: 14
  • Round size: Seed $500k–$5M; Series A $932k–$25M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • zerohash — zerohash provides API-first technology and turnkey regulatory infrastructure to launch and scale compliant crypto and stablecoin products quickly and securely.
  • Casap — Casap is an award-winning dispute automation platform that streamlines compliance, reduces operational costs, and enhances consumer satisfaction by automating up to 30% of dispute cases. Trusted by fintechs and financial institutions to deliver fast, accurate, and compliant resolutions.
  • Digital Asset — As leaders in blockchain technology, Digital Asset empowers customers with Daml, the leading platform for multi-party applications; an innovative smart contract language and Canton, our privacy-enabled distributed ledger technology.
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Lean FUND
VC Fund · Louvain, Vlaams-Brabant, Belgium · 1 investments in Belgium Consumer startups

Startups, increase your value by 3 within 9 months thanks to Power 3 by Leanfund (www.leanfund.com)!

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Investment focus

  • Industry: Internet, Apps, Software
  • Stage:Seed, Series B
  • Geography: Belgium, United States, France

Investor stats

  • Total investments: 12
  • Round size: Seed $66k–$384k
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Neveo — With one click, send photos and messages on a family newspaper that your senior will receive every month.
  • Supersec — Good to eat, good to think: discover the Supersec organic, healthy, artisanal and sustainable food treats available in bulk delivery!
  • Sortlist — Discover the most relevant agencies for your project based on your own specific requirements.
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H&M Foundation - Global Change Award
VC Fund · 1 investments in Belgium Consumer startups

WINNER CALL FILM The latest

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Investment focus

  • Industry: Textiles, Recycling, Sustainability
  • Stage:Grant, Seed, Pre-Seed
  • Geography: India, United States, Canada

Investor stats

  • Total investments: 22
  • Round size: Grant $20k–$216k
  • Lead/follow: 95% lead, 5% follow

Portfolio highlights

  • Nanoloom
  • SXD
  • ALGreen.Tech
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European Union
VC Fund · 1 investments in Belgium Consumer startups

The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe.

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Investment focus

  • Industry: Fashion, CleanTech, GreenTech
  • Stage:Pre-Seed
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Resortecs — Resortecs is an award-winning start-up that develops heat-dissolvable stitching threads and thermal disassembly systems that make textile recycling easy.
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 1 investments in Belgium Consumer startups

Volta Ventures is a venture capital firm that offers seed & early stage VC for internet & software companies in the Benelux.The fund’s team, with active support from some 30 business angels, expects to make a substantial impact on every company it invests in by working with the founders and management to identify new markets andcustomers, hire senior talent, provide ongoing guidance and arrange further financing rounds.Volta Ventures has offices in Ghent and Amsterdam.

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Investment focus

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

Investor stats

  • Total investments: 90
  • Round size: Seed $850k–$4.4M; 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

  • Nodalview — Nodalview helps real estate agents deliver cutting edge content and an impressive buying experience for happy and loyal customers.
  • RESPONSUM — RESPONSUM is the EU's most user-friendly privacy management SaaS solution. Become compliant with GDPR or any other privacy regulation easily.
  • 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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Pleiade Venture
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Consumer startups

Pleiade Venture is a French Ventrue Capital Company. It supports innovative companies from all sectors, except biotech.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: France, Belgium, United Kingdom

Investor stats

  • Total investments: 36
  • Round size: Seed $1.1M–$5M; Series A $1.4M–$11M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • SteerFox — Notre solution croissance e-commerce c'est : une plateforme unique de gestion des canaux SEA et une expertise humaie pour atteindre vos objectifs.
  • Kenko — Kenko is an application that helps to provide corporate health insurance.
  • ArcaScience — Achieving worldwide biomedical targeting, identifying adverse events, and mastering interoperability down to the tiniest form of data extraction and visualization is what ArcaScience does on a daily basis. User-friendly interface generating instant hypotheses, extracting therapeutic insights in seconds, and showing incredible graphicrepresentations to pick up any evidence made clear instantly.
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New Enterprise Associates
VC Fund · Menlo Park, California, United States · 1 investments in Belgium Consumer 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: 1581
  • Round size: Series A $5.4M–$60M; Series B $10M–$77M; Series C $14M–$103M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.8B in 2022

Portfolio highlights

  • IonQ — Working to build the world's best quantum computers to solve the world's most complex problems
  • Spyglass Ophthalmics — A vision towards a higher quality of life!
  • Xenon Pharmaceuticals — A leading neuroscience company forging new paths for those living with neurological and psychiatric disorders.
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ZEISS Group
VC Fund · Oberkochen, Baden-Wurttemberg, Germany · 1 investments in Belgium Consumer startups

Ever since ZEISS was founded 175 years ago, curiosity, passion and precision have been inspiring us, our customers and our partners. Together, we have succeeded time after time in opening up new perspectives, transforming major challenges into major opportunities and making the impossible possible.

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Investment focus

  • Industry: Sensor, Eyewear, Parking
  • Stage:Seed, Angel, Series A
  • Geography: Germany, Belgium, Switzerland

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • CREAL — CREAL makes Hi-Fi light-field projector for smart eyewear which ultimately everyone will use everyday for everything from cooking to neurosurgery.
  • MakerVerse — Makerverse is the platform for sourcing all your industrial parts - from prototyping to production. Upload your design and receive instant quotes.
  • Morrow Optics — Looking for the next big thing in eyewear technology? Check out Morrow's electrified progressives, also known as autofocals! These innovative glasses switch focus length with a touch of button, providing you with seamless vision from near to far. Learn more about this technology on Morrow's website.
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Patrick Spaulding Ryan
Angel · San Francisco, California, United States · 1 investments in Belgium Consumer startups

Patrick Spaulding Ryan is the Co-Founder, Fractional CFO and CLO of Always Blue Games. He previously worked at TikTok as a Lead Technical Program Manager, Security + Web3 R D. Patrick Spaulding Ryan attended Stanford University.

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Investment focus

  • Industry: Information Technology, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Mexico, Canada

Investor stats

  • Total investments: 35
  • Round size: Seed $100k–$10M; Angel $222k–$300k; Pre-Seed $89k–$1.5M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Bitwage — Payroll, invoicing & benefits for digital assets. Bitwage offers services for companies and direct to workers. Workers can sign up and get direct deposit accounts to get paid from any company or client. Workers locally receive unique digital asset benefits. Workers internationally get paid faster & cheaper than traditional wires.
  • IpiNovyx Bio — Orange Grove Bio partners with leading research universities to advance preclinical biotech programs in the oncology space. The company leverages its venture capital and drug development expertise to help patients and build biotech ecosystems.
  • Pigeon — Pigeon Loans is a peer-to-peer lending platform that facilitates loans between family, friends, and loved ones. The platform provides their users the ability to generate legal contracts, make online payments, store loan documentation, enable automatic bank withdrawals, and make international transactions, all in an easy to use interface.PigeonLoans was founded by Brian Bristol and Anna Matilde Tanga in 2020 and is based in San Diego, CA, USA.
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Consumer Investor funding in Belgium at a glance

Stats across 107 deals from 136 investors.

136
investors
in Belgium Consumer startups
107
deals
in Belgium Consumer startups
$2.4M
median round
in Belgium Consumer startups
46%
lead investors
lead at least one round
34%
Seed
most common funding stage
90/10
VC / Angel
share of investor count

Access all 136 investors in Belgium Consumer startups.

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