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Top 15 Fashion VC Funds & Investors in Belgium (October 2026)

The most active venture capital funds investing in Belgium Fashion startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Fashion startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
PMV
VC Fund
3 Belgium, United States, The Netherlands Seed, Series A, Series B Software, Biotechnology, Health Care $1M–$43M
Saffelberg Investments
VC Fund
2 Belgium, Australia Series A, Seed Software, Information Technology, IaaS $2.7M–$4.4M
European Union
VC Fund
1 France, Belgium Seed, Pre-Seed Banking, Fashion, Security
Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund
1 Belgium, Israel, Germany Grant, Pre-Seed, Seed Biotechnology, Health Care, Software $160k–$3.2M
Agentschap Innoveren & Ondernemen
VC Fund
1 Belgium, Italy, Israel Grant, Pre-Seed, Seed Biotechnology, Health Care, Software $106k–$3.2M
LeanSquare
VC Fund
1 Belgium, France, United States Seed, Venture - Series Unknown, Series A Software, Music, Information Technology $257k–$19M
H&M Foundation - Global Change Award
VC Fund
1 United States, India, United Kingdom Grant, Seed, Pre-Seed Textiles, Biotechnology, Fashion $20k–$216k
Akiles
VC Fund
1 Belgium, France, Luxembourg Venture - Series Unknown, Private Equity, Series A Health Care, Internet, Software $1.1M–$5.1M
Finance.Brussels
VC Fund
1 Belgium, France Seed, Series A, Venture - Series Unknown Software, Information Technology, SaaS $1.5M–$16M
Spreds
VC Fund
1 Belgium, France Seed, Series A, Series B Information Technology, Food and Beverage, Software $97k–$2.3M
Ventech
VC Fund
1 France, Germany, United States Series A, Seed, Series B Software, Artificial Intelligence, SaaS $1.3M–$67M
Torfs family
VC Fund
1 Belgium Seed Fashion, Artificial Intelligence
SFPIM
VC Fund
1 Belgium, France, Switzerland Series A, Venture - Series Unknown Biotechnology, Health Care, Semiconductor $8.6M–$251M
AFI Ventures
VC Fund
1 France, Belgium, Germany Seed, Pre-Seed, Series A Health Care, Artificial Intelligence, GreenTech $588k–$11M
GoBeyond
VC Fund
1 Switzerland, Germany, United Kingdom Seed, Venture - Series Unknown, Series A Software, Health Care, Information Technology $495k–$5.1M
Access all 27 VC funds in Belgium Fashion startups.

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Investor list

PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Fashion startups, 9 in the past 12 months

Do and dare company

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Investment focus

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

Investor stats

  • Total investments: 160
  • Round size: Seed $1M–$4M; Series A $3M–$40M; Series B $6.6M–$43M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Logibot — Software platform to deploy human-like robotic labor in existing warehouses, without vendor lock-in.
  • Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
  • Borro — Cashless deposit system
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Saffelberg Investments
VC Fund · Gooik, Vlaams-Brabant, Belgium · 2 investments in Belgium Fashion 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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European Union
VC Fund · 1 investments in Belgium Fashion 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: Banking, Fashion, Security
  • Stage:Seed, Pre-Seed
  • Geography: France, Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% 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.
  • ICARE Technologies — ICARE has developed a secured contactless identification ring. It integrates certification EMVCo 1 and 2 and EL5+. Ring includes 7-patented security systems such as owner recognition, wave emission control and is fully autonomous. Several PoCs are being prepared with world leading security and banking companies.
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Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Fashion 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 $285k–$3.2M; Pre-Seed $160k–$2.2M
  • 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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Agentschap Innoveren & Ondernemen
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Fashion startups

Agentschap Innoveren & Ondernemen is a government agency, charged with implementing the economic, innovation and enterprise policy.

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Grant $233k–$3.2M; Pre-Seed $106k–$2.2M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Exalate — The only real-time bidirectional integration solution built specifically for complex cross-team collaboration cases and cross-company integration scenarios.
  • Protealis — Sustainable plant proteins for Europe​
  • Confo Therapeutics — Confo Therapeutics is a clinical-stage company committed to accelerating novel GPCR-directed medicines for metabolic & endocrine diseases.
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LeanSquare
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Fashion startups

New Economy Startups Investor & Accelerator

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Investment focus

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

Investor stats

  • Total investments: 48
  • Round size: Seed $376k–$2.4M; Series A $257k–$12M; Venture - Series Unknown $830k–$19M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
  • Gamevestor — Be more than a player. Invest in expert-selected video game projects and earn a share of their commercial revenues.
  • Tickets for Good — Tickets for Good is a ticketing platform for live events and entertainment.
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H&M Foundation - Global Change Award
VC Fund · 1 investments in Belgium Fashion startups

WINNER CALL FILM The latest

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Investment focus

  • Industry: Textiles, Biotechnology, Fashion
  • Stage:Grant, Seed, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 25
  • Round size: Grant $20k–$216k
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Nanoloom — Creating the biodegradable material of the future from graphene that will transform industries and propel them into the future.Nanoloom is a developer of graphene-based sustainable fabrics. It produces sustainable and biodegradable materials from BioHastalexTM, a nanocomposite copolymer based on functionalized graphene oxide. It also provideswaterproofing, providing a versatile and sustainable alternative to environmentally harmful textiles.
  • SXD — We create beautiful, 100% zero-waste designs that you'll never want to take off
  • ALGreen.Tech —
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Akiles
VC Fund · Rhode-saint-genèse, Vlaams-Brabant, Belgium · 1 investments in Belgium Fashion 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, Internet, Software
  • Stage:Venture - Series Unknown, Private Equity, Series A
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 13
  • Round size: Series A $1.6M–$5.1M; Venture - Series Unknown $1.1M–$4M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $43M in 2021

Portfolio highlights

  • eFarmz — eFarmz allows for the online purchase of a variety of organic goods, including fruits, sweets, dairy, seafood, meat, drinks, and more, with or without a membership. Alcoholic beverage purchases cannot be made by those under the age of 18.
  • Hosman — They publish your property on more than 35 professional sites.
  • Emmers Equestrian — Emmers Equestrian
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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Fashion startups

Regional Investment Company of Brussels

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Investment focus

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

Investor stats

  • Total investments: 26
  • Round size: Seed $1.5M–$5.4M; Series A $2.3M–$7M; Venture - Series Unknown $4.2M–$16M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • AI-Blox — A modular & flexible hardware and software platform for edge AI applications.
  • Otamiser — Otamiser Booster® is an automated solution that helps hoteliers and revenue managers secure bookings by improving a property's online presence on major OTAs such as Booking.com, Expedia, Trips.com, Kayak, Airbnb, and VRBO. It maximizes occupancy rates and revenue through optimizing 951 essential parameters, ensuring continuous optimization,full automation, seamless integration with CMS, PMS, and RMS systems, dedicated customer support, integrations with Cubilis and Hostaway, and a customized API for Revenue Management software.
  • AILOS Robotics — AILOS Robotics offers advanced solutions in robotics and automation for various industries.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Fashion 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, Food and Beverage, Software
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, France

Investor stats

  • Total investments: 44
  • Round size: Seed $97k–$627k; Series A $248k–$2.3M; Series B $165k–$910k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Jelloow — Jelloow your virtual marketing navigator. Matching brands with likeminded marketing agencies.
  • PlayTreks — Supercharge your music business with PlayTreks, the all-in-one workspace for music professionals. Built for indie artists, artist managers and label teams.
  • 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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822 industries, 177 countries. Updated daily. Emails and phones included.

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Ventech
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Fashion startups, 12 in the past 12 months

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

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Investment focus

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

Investor stats

  • Total investments: 217
  • Round size: Seed $1.3M–$6.6M; Series A $3.9M–$14M; Series B $5.6M–$67M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fresh fund, raised $207M in 2025

Portfolio highlights

  • amber — info@amberoad.aiambeRoad is developing an intelligent enterprise search engine to help employees to find all relevant documents easily and quickly by integrating all company internal data sources into one search engine. Our solution allows access to all company-wide files from anywhere. Even if you don't exactly know what you are lookingfor, our cutting-edge AI will know because of a range of features implemented in our software.No need to tag documents manually, all in milliseconds - only one search request away.
  • Credoxys — Credoxys develops organic electronic materials for OLED displays, OLED lighting, organic photovoltaics, and sensors. Its portfolio includes dopants and transport materials designed to influence charge transport, optical transmission, power consumption, and energy generation in organic electronic devices. The company also develops materials forscale-up and customer-specific applications.
  • ENGO Eyewear — engo3 is a next generation heads up display built for endurance athletes. Instant, frictionless, hands free access to performance metrics with long battery life and an ultra lightweight form factor. Unlock your data, and experience an entirely new way to train and compete
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Torfs family
VC Fund · 1 investments in Belgium Fashion startups

Torfs family is an investment firm.

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Investment focus

  • Industry: Fashion, Artificial Intelligence
  • Stage:Seed
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Markmi — We give fashion retail teams access to optimized price markdowns through a fast, tailored, and easy-to-use AI assistant.
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SFPIM
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Fashion startups, 6 in the past 12 months

SFPIM investment firm that invests in technology and infrastructure.

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Investment focus

  • Industry: Biotechnology, Health Care, Semiconductor
  • Stage:Series A, Venture - Series Unknown
  • Geography: Belgium, France, Switzerland

Investor stats

  • Total investments: 26
  • Round size: Series A $8.6M–$57M; Venture - Series Unknown $11M–$251M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • D-CRBN — D-CRBN Operator of a climate technology company that aims to transform carbon into sustainable raw resources.
  • 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.
  • Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
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AFI Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Fashion 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: Health Care, Artificial Intelligence, GreenTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, Belgium, Germany

Investor stats

  • Total investments: 48
  • Round size: Seed $1.5M–$7.8M; Pre-Seed $588k–$3.8M; Series A $3.5M–$11M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $28M in 2020

Portfolio highlights

  • Ed.ai — Ed AI provides an AI platform for automated grading, feedback, and personalized learning materials in education.
  • RelaiSanté — RelaiSanté provides a digital platform that connects hospitals and home care providers to coordinate patient return home.
  • Nepsis — AI-powered software and debt advisory for renewable energy developers. Modern financing solutions for small & medium renewable projects.
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GoBeyond
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Belgium Fashion 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: Software, Health Care, Information Technology
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Switzerland, Germany, United Kingdom

Investor stats

  • Total investments: 196
  • Round size: Seed $495k–$5M; Series A $1.2M–$4.5M; Venture - Series Unknown $681k–$5.1M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • LEND — LEND provides peer to peer lending in Switzerland. It connects investors with borrowers. Moreover, investors earn substantial returns and borrowers benefit from low interest rates. The company is based in Switzerland and it was founded in 2015.
  • LockStyler — LockStyler is providing a revolutionary, professional hair highlighting system which is much simpler, cleaner and quicker by 50% than anything existing
  • Blumer — Blumer is a social networking platform that provides social networks that can monetize time by consuming advertisements, selling nfts, and making crypto transactions. It offers social networks, crypto, digital marketing, and blockchain.
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Fashion VC funding in Belgium at a glance

Stats across 19 deals from 27 investors.

27
investors
in Belgium Fashion startups
19
deals
in Belgium Fashion startups
$1.7M
median round
in Belgium Fashion startups
33%
lead investors
lead at least one round
32%
Seed
most common funding stage

Access all 27 VC funds in Belgium Fashion startups.

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