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Top 50 Consumer Startup Investors in Belgium (June 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
Inventures SA
VC Fund
5 Belgium, France, United Kingdom Series A, Seed Health Care, Biotechnology, Manufacturing $82k–$13M
Qbic Fund
VC Fund
4 Belgium, The Netherlands Seed, Series A Biotechnology, Software, Health Care $868k–$47M
The Faktory Fund
VC Fund
4 Belgium, France, United States Seed, Pre-Seed Software, Analytics, Information Technology $1.1M–$4.4M
imec.xpand
VC Fund
4 Belgium, United States, Germany Seed, Series A, Series B Semiconductor, Manufacturing, Medical Device $3.3M–$100M
Spreds
VC Fund
3 Belgium, France Series A, Seed, Series B E-Commerce, Health Care, Online Portals $165k–$2.5M
KBC Focus Fund
VC Fund
3 Belgium, The Netherlands, France Seed, Series A Semiconductor, Manufacturing, Electronics $1.2M–$17M
Saffelberg Investments
VC Fund
3 Belgium, Australia Series A, Seed Software, Information Technology, IaaS $2.7M–$4.4M
Gemma Frisius Fund
VC Fund
3 Belgium, France, United Kingdom Seed, Series B, Series A Biotechnology, Health Care, Medical $384k–$84M
S.R.I.W.
VC Fund
2 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $411k–$75M
Eurazeo
VC Fund
2 France, United States, Germany Series B, Seed Software, Information Technology, Health Care $2.7M–$120M
XAnge
VC Fund
2 France, Germany, Belgium Series A, Seed, Series B Software, SaaS, E-Commerce $1.1M–$60M
Terra Drone
VC Fund
2 Belgium, Ukraine Series A, Series B Robotics, Aerospace, Drone Management
LeanSquare
VC Fund
2 Belgium, France, United States Seed, Series A Software, Music, Information Technology $200k–$12M
New Science Ventures
VC Fund
2 United States, United Kingdom, Belgium Series B, Series A Biotechnology, Health Care, Medical $4M–$52M
Gimv
VC Fund
2 Belgium, United States, France Series B, Series A Biotechnology, Health Care, Medical $3.3M–$69M
Bloc Ventures
VC Fund
2 United Kingdom, Israel, Belgium Seed, Series A Software, Internet of Things, Financial Services $655k–$16M
VCT Vector Gestion
VC Fund
2 Belgium Seed Computer, Electronics, Manufacturing $21M–$43M
WING by Digital Wallonia
VC Fund
2 Belgium Seed, Convertible Note, Series A Software, Health Care, SaaS $219k–$11M
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
Akiles
VC Fund
1 Belgium, France, Luxembourg Private Equity, Series A Health Care, Software, Wellness $1.6M–$4.9M
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
Vives Louvain Technology Fund
VC Fund
1 Belgium, France, United States Series A, Series B Health Care, Biotechnology, Medical $491k–$125M
Innovation Fund
VC Fund
1 Belgium, France, Luxembourg Seed, Series A Health Care, Manufacturing, Information Technology $329k–$5.8M
Coelius Capital
VC Fund
1 United States, Canada, Belgium Seed, Series A, Series B Software, Health Care, Information Technology $1.7M–$35M
Freshmen Fund
VC Fund
1 Belgium, The Netherlands Seed, Series A Financial Services, Apps, Sports $384k–$5M
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 $200k–$3.2M
Meusinvest (Noshaq)
VC Fund
1 Belgium, France, Germany Series A, Seed Biotechnology, Health Care, Medical $137k–$16M
Fortino Capital
VC Fund
1 Belgium, The Netherlands, Germany Series A, Seed Software, Information Technology, SaaS $2M–$17M
Meritech Capital Partners
VC Fund
1 United States, Germany, France Series D, Series C Software, Enterprise Software, Information Technology $20M–$260M
TeleSoft Partners
VC Fund
1 United States, China, Mexico Series A, Series B Software, FinTech, Financial Services $1.8M–$50M
SoFi
VC Fund
1 Belgium, United States, Brazil Series A, Seed Software, Apps, FinTech $932k–$25M
GoBeyond
VC Fund
1 Switzerland, Germany, United Kingdom Seed, Series A Information Technology, Medical, Software $544k–$10M
The CoFoundry
VC Fund
1 Belgium, The Netherlands, United States Seed, Series A Software, SaaS, Security $878k–$3.9M
TOKAI
VC Fund
1 Japan, Belgium Angel, Series B, Series C Eyewear, Medical, Robotics
iAM Capital
VC Fund
1 Belgium Series A Wearables, Navigation, Consumer Electronics
Volta Ventures
VC Fund
1 Belgium, The Netherlands, United States Seed, Series A Software, Information Technology, Artificial Intelligence $549k–$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 $5.3M–$103M
Otium Capital
VC Fund
1 France, Spain, United States Seed, Series A Software, Health Care, E-Commerce $987k–$18M
Lean FUND
VC Fund
1 Belgium, United States, France Seed, Series B Internet, Apps, Software $66k–$384k
ZEISS Group
VC Fund
1 Germany, Belgium, Switzerland Seed, Angel, Series A Sensor, Eyewear, Parking
European Union
VC Fund
1 Germany, United Kingdom, United States Grant, Seed Software, Information Technology, Health Care $16k–$31M
H&M Foundation - Global Change Award
VC Fund
1 Belgium Pre-Seed Fashion, CleanTech, GreenTech
Airbus Ventures
VC Fund
1 United States, France, Japan Series A, Series B, Seed Software, Aerospace, Information Technology $1.9M–$109M
Level Equity Management
VC Fund
1 United States, Canada, France Private Equity, Series A, Series B Software, SaaS, Information Technology $1M–$115M
Access all 130 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: 147
  • Round size: Seed $549k–$4.3M; Series A $2.7M–$40M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Sentea — Sentea makes fibre optic Sensing affordable to the industry and enables continuous monitoring even in harsh environments.
  • RheaVita — Streamline your lyophilization process with RheaVita's innovative freeze-drying technologies, accelerating drug development while ensuring compliance and efficiency. Discover our solutions today.
  • Gorilla — We empower Energy Retailers in pricing, forecasting and reporting with data-driven solutions in boosting speed and flexibility.
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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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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: 54
  • Round size: Seed $1.1M–$11M; Series A $868k–$47M
  • Lead/follow: 30% lead, 70% 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.
  • Flindr Therapeutics — Immagene develops personalized cancer immunotherapies to fight multiple cancer type.
  • 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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The Faktory Fund
VC Fund · Liège, Liege, Belgium · 4 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: 21
  • Round size: Seed $1.1M–$4.4M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • IVEX — IVEX offers Repeatable and Scalable Testing & Validation Data Analytics solutions for ADAS/AD Vehicles.
  • 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
  • MyCellHub — MyCellHub.com is a pre-startup from the KULeuven in the biotherapeutics industry that aspires to reform the way cell production processes are organised. With a regulatory compliant Saas-platform for data management and analytics, we increase the efficiency of your manufacturing processes, provide actionable insights via cell culture specificprocess analytics and facilitate regulatory compliance by means of a real-time audit trail and automated batch records.
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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: 48
  • Round size: Seed $3.3M–$21M; Series A $8.7M–$56M; Series B $12M–$100M
  • Lead/follow: 52% lead, 48% 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.
  • Onera Health — Introduction to Onera sleep diagnostics and monitoring solutions
  • SCIL Nanoimprint solutions — High-resolution patterning at the nanoscale level. Providing tools, consumables and process development services].
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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: E-Commerce, Health Care, Online Portals
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France

Investor stats

  • Total investments: 14
  • Round size: Seed $165k–$1.3M; Series A $247k–$2.5M; Series B $165k–$680k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Opinum — What is Opinum Data Hub? Our Data Hub is a secured Cloud-based platform that allows energy and environmental actors to centralise, enhance, analyse, and share data.
  • 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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KBC Focus Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 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: 23
  • Round size: Seed $1.2M–$6.6M; Series A $2.7M–$17M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Aito — We are developers of patented and award-winning Piezo Sensing and Haptics technology who are on a mission to offer unparalleled user experience by bringing surfaces to life with tactile feedback to help consumer electronics brands create new and innovative products, offering differentiation in a crowded marketplace.
  • Axign — We are Axign. A company on a mission to conquer the worldwide consumer audio market with our unique, patented audio technologies.
  • 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.
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Saffelberg Investments
VC Fund · Gooik, Vlaams-Brabant, Belgium · 3 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: 8
  • Round size: Series A $2.7M–$4.4M
  • Lead/follow: 38% lead, 62% 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.
  • 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.
  • Tangent Works — Create predictive models in seconds for faster and better forecasting & anomaly detection with TIM InstantML.
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Gemma Frisius Fund
VC Fund · Leuven, Vlaams-Brabant, Belgium · 3 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 B, Series A
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $384k–$33M; Series A $932k–$84M; Series B $4.4M–$24M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • 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.
  • Augustine Therapeutics — Augustine Therapeutics is developing selective, safe and efficacious HDAC6 inhibitors designed for treatment of neuromuscular, neurodegenerative and cardiometabolic diseases. Discover our pipeline poised for clinical impact.
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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

  • Intressa Vascular — Intressa Vascular provides innovative solutions to address life-threatening cardiovascular conditions such as aortic dissection.
  • Minoryx Therapeutics — Minoryx is focused on the discovery and development of novel treatments for severe, orphan diseases of the central nervous system with high unmet medical need.
  • Santero Therapeutics — This is the homepage of the website
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Access 48,091 investors

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

Browse database — It's Free!
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: 276
  • Round size: Seed $2.7M–$16M; Series B $18M–$120M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Back Market — Back Market is an online marketplace for refurbished electronics. The company brings refurbished electronic devices and appliances to customers in 13 countries (including the United States, France, Germany, the United Kingdom, Italy, Spain, Belgium, Austria, the Netherlands, and more recently, Portugal, Japan, Finland, and Ireland). It employs ateam of 480 employees and counting across its 4 offices located in New York, Berlin, Paris, and Bordeaux.Launched in 2014 by Thibaud Hug de Larauze, Quentin Le Brouster, and Vianney Vaute, Back Market is headquartered in Paris, France.
  • Electra — Electra is a platform that provides Charging stations Ultrafast for electric vehicles.
  • Etix Everywhere — Provide Data Center services and connectivity to improve your presence and efficiency! Your partner for collocation is Etix Everywhere!
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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: 213
  • Round size: Seed $1.1M–$8M; Series A $3M–$20M; Series B $6M–$60M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $234M in 2021

Portfolio highlights

  • ELDIM
  • Dattak — Dattak offers cyber insurance solutions based on cybersecurity technologies. Their cybersecurity tools allow us to assess a company's level of cybersecurity without complex questionnaires. They provide their policyholders with a variety of cybersecurity tools to help them prevent and defend against cyberattacks.
  • Tomorro — Leeway helps you reduce the time spent on contract management and gives you more control and visibility over legal and financial risks.
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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, Aerospace, Drone Management
  • Stage:Series A, Series B
  • Geography: Belgium, Ukraine

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Unifly — Unifly - Enabling autonomous aviation
  • 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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LeanSquare
VC Fund · Liège, Liege, Belgium · 2 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–$2.5M; Series A $247k–$12M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
  • CityLegends — A home for urban sports & culture partners of CityLegends. Making the lines.
  • ClimateCamp — Looking for a sustainable way to collaborate with your suppliers on emissions reduction projects? Look no further than our platform - Book a demo for free!
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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
  • Geography: United States, United Kingdom, Belgium

Investor stats

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

Portfolio highlights

  • 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.
  • 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.
  • NorthSea Therapeutics — NorthSea Therapeutics B.V. is a Dutch biotech company developing novel and innovative strategies for the treatment of non-alcoholic steatohepatitis (NASH) and other metabolic, cholestatic and fibrotic diseases.
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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: 166
  • Round size: Series A $3.3M–$65M; Series B $7M–$69M
  • Lead/follow: 31% lead, 69% 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.
  • Marco Vasco — MarcoVasco, (previously known as PlanetVeo) is an online travel agency specialised in organising tailor-made journeys.Founded in 2007 by 3 French entrepreneurs, Marco Vasco quickly became a leader on the online custom holidays market.The company is based in Paris (France) with an office as well in Shanghai (China).The company is profitablesince 2010 and our revenues have grown rapidly from 1 million euros in 2008 to 60 million euros in 2013 (organic growth).
  • 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.
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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

  • AccelerComm — Our patented, market-leading IP solutions for 4G and 5G are configurable for quick, high-performance implementations across a wide range of applications.
  • 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.
  • 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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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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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, SaaS
  • Stage:Seed, Convertible Note, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 34
  • Round size: Seed $346k–$1.9M; Series A $1.1M–$11M; Convertible Note $219k–$568k
  • 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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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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Akiles
VC Fund · Rhode-saint-genèse, Vlaams-Brabant, Belgium · 1 investments in Belgium Consumer startups

Akiles is a Belgian Evergreen Investment Company focussing on Growth Capital. Managed by Christophe Rousseaux, Kurt Huyghe, Laurent Puissant Baeyens and

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Investment focus

  • Industry: Health Care, Software, Wellness
  • Stage:Private Equity, Series A
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 9
  • Round size: Series A $1.6M–$4.9M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • HYPNO VR — HypnoVR is a virtual reality software for anesthesia, treatment of pain, and anxiety. It was founded in 2016 and is based in Strasbourg, France.
  • moonbird — Slow breathing is the easiest way to relieve stress and promote relaxation. Moonbird and moonbuddy make it intuitive and easy to practice slow breathing exercises.
  • Saturne Technology — Saturne Technology is specialized in laser-cutting, laser-drilling, laser-welding and laser-cladding, using a manufacturing process by Selective Laser Melting (SLM) (i.e. metallic 3D-printing using fine metallic-powder bed).
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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: 51
  • Round size: Series A $3.4M–$22M; Series B $10M–$37M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Treefera — Treefera is transforming the way the world approaches forest data and conservation, to create a clear future for the carbon market and the planet.
  • GASTROFIX — Transform your operations with Lightspeed restaurant POS software. Manage inventory, payments, and orders seamlessly. Book a demo now.
  • TourRadar — TourRadar is the world's most trusted online marketplace for multi-day tours. Compare, read reviews, meet guides & travelers, book with confidence.
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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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Vives Louvain Technology Fund
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 1 investments in Belgium Consumer 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
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 25
  • Round size: Series A $491k–$46M; Series B $4.4M–$125M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2020

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.
  • 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.
  • Syndesi Therapeutics — Science that Builds Connections
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Innovation Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Consumer startups

Chemical, Advanced Materials, Cosmetics, Recycling, CleanTech, Plastics and Rubber Manufacturing, Nanotechnology, Biosciences

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Investment focus

  • Industry: Health Care, Manufacturing, Information Technology
  • Stage:Seed, Series A
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 30
  • Round size: Seed $329k–$5.8M; Series A $2.2M–$5.7M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Aerosint — Aerosint invented a technology called "Selective Powder Deposition" which deposits multiple powders in each layer. This unlocks multi-material 3D printing.
  • Daphne Technology — Measure and abate methane slip with Daphne Technology. Learn how we reduce emissions in gas engine exhaust. Contact us today!
  • Zeopore Technologies — Zeopore Technologies innovates zeolite mesoporization to optimize catalysts that enhance processes in refining and petrochemical industries. This leads to higher quality products, lower energy use and less waste, using an approach that is affordable, easily scalable and non-hazardous.
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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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Freshmen Fund
VC Fund · Antwerp, Antwerpen, Belgium · 1 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: 3
  • Round size: Seed $384k–$5M
  • Lead/follow: 33% lead, 67% 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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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 $200k–$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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Meusinvest (Noshaq)
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Consumer startups

Noshaq offers financial services to help businesses develop.

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Investment focus

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

Investor stats

  • Total investments: 76
  • Round size: Seed $137k–$6M; Series A $3.3M–$16M
  • Lead/follow: 9% lead, 91% 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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Fortino Capital
VC Fund · Zaventem, Vlaams-Brabant, Belgium · 1 investments in Belgium Consumer startups

We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.

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Investment focus

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

Investor stats

  • Total investments: 70
  • Round size: Seed $2M–$5.8M; Series A $3.9M–$17M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Vaultspeed — Save your teams months of headache with a no-code approach to automate your multi-source data integration, Data Vault modeling & ETL/DDL code generation.
  • Mobilexpense — Expense management solutions for mid-sized organisations and large enterprises. Automate your expense management: improve productivity and save costs.
  • Getvisibility — Attain swift and comprehensive visibility and context for all your data, whether in motion or at rest, encompassing both on-premises and cloud environments. This empowers your teams to take proactive measures in identifying, prioritising, assigning ownership, remediating, and preventing risks that could impact your business, ensuring the utmost security across all aspects of your operations.
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Meritech Capital Partners
VC Fund · Palo Alto, California, United States · 1 investments in Belgium Consumer startups

Meritech is a growth-stage venture capital firm. Since our founding in 1999, we have partnered with over 125 companies globally that are reimagining the future using technology.

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Investment focus

  • Industry: Software, Enterprise Software, Information Technology
  • Stage:Series D, Series C
  • Geography: United States, Germany, France

Investor stats

  • Total investments: 259
  • Round size: Series C $20M–$260M; Series D $20M–$200M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $800M in 2020

Portfolio highlights

  • tray.io — Tray.io provides a cloud-based software integration platform for automators.Tray.io believes that any organization can and should automate. With the Tray Platform, citizen automators throughout organizations can easily automate complex processes through a powerful, flexible platform, and can connect their entire cloud stack thanks to APIs. WithTray.io’s visual workflow builder, customers can create automation to drive their business processes without writing a single line of code.
  • Flock Safety — From creating safer neighborhoods to protecting employees and property, we help you deter and solve crime with tools customized and scaled to your needs.
  • Wealthsimple — Being better than a bank means more of everything. Spend, trade and invest with Wealthsimple.
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TeleSoft Partners
VC Fund · San Francisco, California, United States · 1 investments in Belgium Consumer startups

TeleSoft Partners was founded by Arjun Gupta to provide entrepreneurs with capital, knowledge, contacts and expertise. Our goal is to help you make it happen.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series A, Series B
  • Geography: United States, China, Mexico

Investor stats

  • Total investments: 122
  • Round size: Series A $1.8M–$40M; Series B $5M–$50M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $160M in 1997

Portfolio highlights

  • Validity Sensors — Founded in 2000, and headquartered in San Jose, California, Validity is the world leader in Natural ID™ authentication, providing fingerprint sensor solutions with the highest levels of performance, security, cost-effectiveness, and design flexibility.Validity’s Natural ID solutions provide an ideal platform for addressing the explosive growth inmobile payment transactions and cloud-based services. Passwords and PINs are ineffective at meeting the needs of end users and service providers as they're either too easy to hack or too hard to remember. Natural ID provides a simple and effective way to optimize usability while providing strong security.Natural ID authenticates a user by their unique human characteristics such as fingerprint, voice, and face. Of these, fingerprints have been proven to provide the best combination of effectiveness, cost, and usability.
  • Workhelix — Workhelix is a developer of workforce management platform to assist with business management.
  • Calient Technologies — Adaptive Photonic Switching systems for 10-100 Gbit/s All-Optical Networks in Telecom Service Provider, Data Center, Cloud Computing, & Government applications
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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, Apps, FinTech
  • Stage:Series A, Seed
  • Geography: Belgium, United States, Brazil

Investor stats

  • Total investments: 11
  • Round size: Series A $932k–$25M
  • Lead/follow: 9% lead, 91% 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.
  • Wage — Thanks for your interest in Wage.com - If you are interested in purchasing this domain, please click the button below to get in contact. Some Value Points for the domain: 1. Highly Aged (SEO Benefits) (Wage.com HAS BEEN ACTIVE SINCE 1996) 2. Highly Sought After (Value Appreciation) (
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GoBeyond
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Belgium Consumer startups

GoBeyond is a FinTech company transforming angel investing into a new scalable asset class for small and large, novice to experienced investors. It offers a unique deal platform, portfolio tools, syndication/pooling, due diligence, investment monitoring services, training and certified deal leaders.Its clients are individuals, familyoffices, professional groups and corporations. It is active in the EU, Switzerland and the US. GoBeyond also offers educational training modules for angel investors in 11 categories.

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Investment focus

  • Industry: Information Technology, Medical, Software
  • Stage:Seed, Series A
  • Geography: Switzerland, Germany, United Kingdom

Investor stats

  • Total investments: 163
  • Round size: Seed $544k–$5M; Series A $1.2M–$10M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Fastree3D — Fastree3D imaging sensors help recognize and measure distance to fast moving objects in real-time, enabling driving assistance or autonomous navigation. Fastree3D SA is a fabless semiconductor company, spin-off from EPFL Lausanne, Switzerland founded in September 2013 (UID CHE-291.330.490). The company subsidiary Fastree3D B.V. performs researchwith TU-Delft, Netherlands (KvK 58866973).
  • Spyra One — Single Shot Technology | Tactical display | Automatic Refill | Power Shot SpyraTwo - the world's strongest water gun! Start epic water battles with the only water gun in the world that features our patented Single-Shot-Technology, fully automatical pump, a hightech tactical display and the Power Shot for extra impact.
  • Arktis Radiation Detectors — Arktis develops and manufactures next generation systems that detect and categorize radiological and nuclear materials to enhance security and operations.
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The CoFoundry
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Consumer startups

The CoFoundry helps entrepreneurs transform their ideas into sustainable companies. Some say we cut through the funding hype and work hard to give your business a sustainable future.

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Investment focus

  • Industry: Software, SaaS, Security
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 14
  • Round size: Series A $878k–$3.9M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • MyCellHub — MyCellHub.com is a pre-startup from the KULeuven in the biotherapeutics industry that aspires to reform the way cell production processes are organised. With a regulatory compliant Saas-platform for data management and analytics, we increase the efficiency of your manufacturing processes, provide actionable insights via cell culture specificprocess analytics and facilitate regulatory compliance by means of a real-time audit trail and automated batch records.
  • Vaultspeed — Save your teams months of headache with a no-code approach to automate your multi-source data integration, Data Vault modeling & ETL/DDL code generation.
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TOKAI
VC Fund · Gifu, Gifu, Japan · 1 investments in Belgium Consumer startups

TOKAI specializes in rental of dispensing pharmacies for hospital linen supplies and outsourcing of outsourced nursing care.

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Investment focus

  • Industry: Eyewear, Medical, Robotics
  • Stage:Angel, Series B, Series C
  • Geography: Japan, Belgium

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CaTe
  • INNOPHYS — INNOPHYS is developing, designing, manufacturing, consulting and distributing robotics equipment for various industries. Their flagship product, Muscle Suit® is a wearable robot supported by artificial muscle technology, well known for its high quality and reasonable price compared with the same kind of support exoskeletons. The company is planningto expand its business to Asia Pacific, Europe, and North America.
  • 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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iAM Capital
VC Fund · London, England, United Kingdom · 1 investments in Belgium Consumer startups

iAM Capital is a global investment firm. They specialise in sourcing, structuring, and executing on opportunistic investments during both stable and volatile markets. They offer investors the prospect of superior returns not typically available through traditional funds. Their real estate investments include carefully selected properties in Milanand Rome, Italy, Paris, France, and Miami, Florida. They consistently invest together with local partners who contribute their own funds and who proactively manage and monitor performance on the ground. Through a sophisticated understanding of local markets, creative structured financing, investments in select distressed assets in recovering markets, and setting pre-defined achievable exist strategies under a variety of scenarios, they have generated attractive returns and endeavour to continue to do so. iAM Capital arranged and participated in the equity financing, sourced and negotiated third-party mezzanine financing, and consolidated senior debt financing on significantly more favourable terms. They also explore and participate in other opportunities as they arise.

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Investment focus

  • Industry: Wearables, Navigation, Consumer Electronics
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Tele Atlas — Official Twitter account for Tele Atlas, leading provider of digital maps and dynamic content for navigation and location based solutions.
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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
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 88
  • Round size: Seed $549k–$5.2M; Series A $2.2M–$10M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $72M in 2019

Portfolio highlights

  • Hyperfox — The tailored eCommerce platform for the Wholesales industry. All you ever needed to grow your Wholesales enterprise.
  • Nodalview — Nodalview helps real estate agents deliver cutting edge content and an impressive buying experience for happy and loyal customers.
  • Supplied — Streamlining onboarding and compliance processes for businesses with innovative AI tools and applications
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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: 35
  • Round size: Seed $1.1M–$5M; Series A $1.4M–$11M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • 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.
  • Climbing District — Climbing District is a social club and coworking space between batignolles, canal saint-martin, buttes-chaumont, and saint-lazare where beginners or experienced climbers practise climbing in bouldering rooms.
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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: 1539
  • Round size: Series A $5.3M–$60M; Series B $10M–$80M; Series C $13M–$103M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.8B in 2022

Portfolio highlights

  • Perplexity — Perplexity is a search engine platform that uses artificial intelligence to provide large language models and search engines. The company's platform enables the development of beneficial artificial general intelligence, as well as an open-source environment that is accessible to the public, allowing clients to develop skills and knowledge inartificial intelligence.
  • Allay Therapeutics — SUPPORTING PATIENTS THROUGH EVERY PHASE OF RECUPERATION The first technology designed to deliver weeks of localized pain management
  • Regulus Therapeutics — Regulus Therapeutics Is a biopharmaceutical company leading the discovery of a new class of high-impact medicines based on microRNAs. The discovery of MicroRNA in humans is one of the most exciting scientific breakthroughs in the last decade. MicroRNAs are small RNA molecules, typically 20 to 25 nucleotides in length, that do not encode proteinsbut instead regulate gene expression. It was founded in 2007 and is headquartered in Carlsbad, California.
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Otium Capital
VC Fund · Paris, Ile-de-France, France · 1 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: 92
  • Round size: Seed $987k–$6.9M; Series A $1.6M–$18M
  • Lead/follow: 61% lead, 39% 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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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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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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European Union
VC Fund · London, England, United Kingdom · 1 investments in Belgium Consumer startups

Discover how the EU functions, its principles, priorities; find out about its history and member states; learn about its legal basis and your EU rights.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Grant, Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 173
  • Round size: Seed $16k–$5.5M; Grant $55k–$31M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Chessed.me — Chessed.me is a digital platform that improves children's concentration and cognitive abilities through individual chess lessons led by teachers.
  • Adamo Foods — Adamo Food is a UK-based food tech company developing plant-based whole-cut meats using proprietary fermentation technology combined with mycelium.
  • Dakar Mobilite — Dakar Mobilité is the Senegalese business that operates the Dakar BRT. The company is concerned with road safety, air pollution, and greenhouse gas emissions.
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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: Fashion, CleanTech, GreenTech
  • Stage:Pre-Seed
  • Geography: Belgium

Investor stats

  • Total investments: 12
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Nanoloom
  • SXD
  • ALGreen.Tech
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Airbus Ventures
VC Fund · Menlo Park, California, United States · 1 investments in Belgium Consumer startups

Operating in service of deeptech entrepreneurs.

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Investment focus

  • Industry: Software, Aerospace, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, France, Japan

Investor stats

  • Total investments: 103
  • Round size: Seed $1.9M–$10M; Series A $7.3M–$37M; Series B $11M–$109M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2016

Portfolio highlights

  • Qunnect — Qunnect is a spin-off venture from the Quantum Information Technology group at Stony Brook university that focusses on engineering novel quantum devices enabling future information networks and quantum computing using photons to communicate and atoms to store and process quantum information. In particular, Qunnect focuses on engineering novelquantum memories and quantum sources that will enable future information networks and quantum computing.
  • Solestial — Delivering cost-effective, reliable and safe solutions to power the new space economy.
  • Infostellar — Infostellar is a Space start-up dedicated to making the Ground Segment simple, through our cloud-based ground station aggregator StellarStation.
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Level Equity Management
VC Fund · New York, New York, United States · 1 investments in Belgium Consumer startups

Level Equity provides bespoke guidance to best-in-class software pioneers and technology leaders.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Private Equity, Series A, Series B
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 113
  • Round size: Series A $6M–$44M; Series B $7.6M–$45M; Private Equity $1M–$115M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Accelo — Simplify project, retainer, sales, and service management. Gain visibility across your client database, improve processes and spend more time on your expertise.
  • Riskonnect — Riskonnect, Inc. is the provider of a premier, enterprise-class technology platform for the risk management industry. As an independent innovator in risk management technology, Riskonnect develops and markets a growing suite of technology solutions on a world-class cloud computing model, helping clients elevate their risk management programs,safety solutions and programs for management of risks across the enterprise. Through Riskonnect RMIS, Riskonnect ERM, Riskonnect Incident Management and other Riskonnect applications, the company provides the risk management industry with the specific, configurable solutions needed to reduce losses, control risk and affect shareholder value.Riskonnect’s growing suite of risk management applications are built on a technology platform you can trust. A platform that is secure, reliable and fast. It powers more than 60,000 businesses running more than 100,000 applications that 1.5+ million users count on every day. The Riskonnect platform, team of risk management technology and business executives, and its data services group, set Riskonnect apart from all others.Riskonnect, Inc. was founded by Chief Executive Officer, Bob Morrell in July, 2007. Independent and privately held, Riskonnect is Morrell’s second entrepreneurial endeavor in the risk management software space. Using his expertise and best practices from the rapid growth and divestiture of his first successful organization, Morrell and his team have grown Riskonnect to be the work platform of choice among leading executives, and risk and safety professionals.
  • SchoolPass — SchoolPass is a modern platform for schools to simplify & secure dismissal, attendance, visitor management, after-school programs & more.
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Consumer Investor funding in Belgium at a glance

Stats across 104 deals from 130 investors.

130
investors
in Belgium Consumer startups
104
deals
in Belgium Consumer startups
$2.4M
median round
in Belgium Consumer startups
46%
lead investors
lead at least one round
35%
Seed
most common funding stage
92/8
VC / Angel
share of investor count

Access all 130 investors in Belgium Consumer startups.

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