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Top 50 Food and Beverage Startup Investors in Belgium (October 2026)

The most active venture capital funds and angel investors investing in Belgium Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Food and Beverage startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Spreds
VC Fund
8 Belgium, France Seed, Series A, Series B Information Technology, Food and Beverage, Software $97k–$2.3M
Vives Louvain Technology Fund
VC Fund
4 Belgium, France, United States Series A, Series B, Seed Health Care, Biotechnology, Medical $156k–$125M
Jan Hollez
Angel
3 Belgium Series A, Seed, Series C Food Delivery, SaaS, Software $3.4M–$5.4M
Zhong Xu
Angel
3 Belgium, The Netherlands Seed, Series A, Series C E-Commerce, Food Delivery, B2B $3.4M–$5.4M
Newion
VC Fund
3 The Netherlands, Belgium, Germany Series A, Seed, Series B Software, SaaS, Information Technology $1.1M–$66M
Ark Angels Activator Fund
VC Fund
3 Belgium Series A, Venture - Series Unknown, Seed Software, Information Technology, SaaS $937k–$7.8M
S.R.I.W.
VC Fund
2 Belgium, United States, Spain Venture - Series Unknown, Series A Health Care, Biotechnology, Manufacturing $422k–$32M
Limburgse Reconversie Maatschappij
VC Fund
2 Belgium, The Netherlands, United States Seed, Venture - Series Unknown Information Technology, Software, Biotechnology $658k–$11M
Meusinvest (Noshaq)
VC Fund
2 Belgium, France, Germany Series A, Seed, Venture - Series Unknown Biotechnology, Health Care, Medical $137k–$16M
Belcube
VC Fund
2 Belgium, France, United Kingdom Seed, Series A, Convertible Note Apps, FinTech, Finance $539k–$6.6M
Beyond Impact
VC Fund
2 United States, France, United Kingdom Seed, Series A, Venture - Series Unknown Food and Beverage, Food Processing, Biotechnology $670k–$14M
Volta Ventures
VC Fund
2 Belgium, The Netherlands, United States Seed, Series A, Pre-Seed Software, Information Technology, SaaS $850k–$8.8M
Meert Family
VC Fund
1 Belgium Venture - Series Unknown Service Industry, Food and Beverage, Supply Chain Management
Impact Group
VC Fund
1 Belgium Series A Pet, Food Delivery, Food and Beverage
Gaelle Lefebvre
Angel
1 Belgium Seed Distillery, Food Processing, Wine and Spirits
Soudal
VC Fund
1
Planet A Ventures
VC Fund
1 Germany, United Kingdom, Italy Seed, Series A, Pre-Seed Software, Manufacturing, Sustainability $900k–$37M
Jose Marin
Angel
1 United States, Brazil, United Kingdom Seed, Series A, Series B E-Commerce, Internet, Software $250k–$60M
28DIGITAL
VC Fund
1 Italy, Spain, Poland Grant, Pre-Seed, Seed Software, Artificial Intelligence, Information Technology $5.4k–$2.1M
Piton Capital
VC Fund
1 Germany, United Kingdom, France Series A, Series B, Seed Software, Marketplace, E-Commerce $1M–$38M
Gimv
VC Fund
1 Belgium, United States, France Series B, Series A, Private Equity Biotechnology, Health Care, Medical $3.3M–$82M
Slingshot Ventures
VC Fund
1 The Netherlands, United Kingdom, Germany Seed, Series A E-Commerce, Internet, Software $1.2M–$14M
Faraday Venture Partners
VC Fund
1 Spain, Germany, France Seed, Venture - Series Unknown, Series A Software, E-Commerce, B2B $274k–$7M
The Group Spadel
VC Fund
1 France, Belgium, United Kingdom Venture - Series Unknown, Seed Food and Beverage, Water, CleanTech $2.6M–$6.4M
EIT Food
VC Fund
1 United Kingdom, Israel, Germany Grant, Non-Equity Assistance, Seed Biotechnology, Food and Beverage, Food Processing $1.2k–$9.7M
Dominique Baudoux
Angel
1 Belgium Seed Farming, Nutrition, Wholesale
Jürgen Ingels
Angel
1 Belgium, Turkey, The Netherlands Series B, Seed, Series A Software, SaaS, FinTech $1.2M–$35M
Akiles
VC Fund
1 Belgium, France, Luxembourg Venture - Series Unknown, Private Equity, Series A Health Care, Internet, Software $1.1M–$5.1M
Exceptional Ventures
VC Fund
1 United Kingdom, Italy, United States Seed, Pre-Seed, Convertible Note Health Care, Biotechnology, Wellness $641k–$6.9M
Siddhi Capital
VC Fund
1 United States, Israel, Canada Seed, Series A, Pre-Seed Food and Beverage, Biotechnology, AgTech $1M–$21M
DN Capital
VC Fund
1 United States, Germany, United Kingdom Series A, Series B, Seed Software, SaaS, E-Commerce $1M–$82M
Mudcake
VC Fund
1 Germany, United States, United Kingdom Seed, Pre-Seed, Series A Food and Beverage, Biotechnology, Food Processing $125k–$24M
DSM Venturing
VC Fund
1 United States, Canada, Israel Series A, Series B Health Care, Biotechnology, Manufacturing $3.5M–$32M
Mérieux Equity Partners
VC Fund
1 France, United States, Belgium Series A, Private Equity, Series B Health Care, Biotechnology, Medical Device $5.7M–$150M
Naxicap Partners
VC Fund
1 France, Belgium, United States Private Equity, Series A Manufacturing, Software, Retail $2M–$56M
Gogreen Capital
VC Fund
1 Belgium, France Venture - Series Unknown, Seed, Series A AgTech, Hardware, Agriculture $1.3M–$2.3M
Lean FUND
VC Fund
1 Belgium, United States, France Seed, Series B Internet, Apps, Software $70k–$470k
DOEN Ventures
VC Fund
1 Belgium, United States Seed Manufacturing, Food and Beverage
SmartFin
VC Fund
1 Belgium, The Netherlands, Turkey Series A, Series B, Seed Software, SaaS, Information Technology $549k–$30M
Investsud
VC Fund
1 Belgium, France Series A, Seed, Series B Biotechnology, Medical, Health Care $546k–$29M
Stéphane Ronse
Angel
1 Belgium Seed Service Industry, Food and Beverage, Supply Chain Management
Wim Vernaeve
Angel
1 Belgium Seed SaaS, CRM, Apps
SOSV
VC Fund
1 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Rocket Internet
VC Fund
1 Germany, Singapore, United Kingdom Seed, Series A E-Commerce, Internet, FinTech
Nucleus Capital
VC Fund
1 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Biotechnology, Food and Beverage, Agriculture $486k–$17M
Abacus Group
VC Fund
1 Belgium, United Kingdom Venture - Series Unknown Aquaculture, Service Industry, Food and Beverage
Jonas Mallisse
Angel
1 Belgium Service Industry, Food and Beverage, Supply Chain Management
Joris Ide Group
VC Fund
1 Belgium Corporate Round Food and Beverage
Fidentia Green Buildings
VC Fund
1 Belgium Venture - Series Unknown Energy, Agriculture, Real Estate
Dupont Restauration
VC Fund
1 Belgium Series A Pet, Food Delivery, Food and Beverage
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 8 investments in Belgium Food and Beverage 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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Vives Louvain Technology Fund
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 4 investments in Belgium Food and Beverage startups

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

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Investment focus

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

Investor stats

  • Total investments: 27
  • Round size: Seed $1.6M–$7.3M; Series A $156k–$49M; Series B $4.7M–$125M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $38M in 2020

Portfolio highlights

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

Jan Hollez is a Belgian tech entrepreneur, investor, and board member. He is the co-founder of two major food technology companies: Posios (acquired by Lightspeed) and Deliverect, a SaaS platform that integrated global delivery networks and scaled into a unicorn valued at over €1 billion. Recognized as the Belgian ICT Personality of the Year in2022, Hollez has since expanded his focus into institutional governance, ecosystem building, and venture capital. In December 2025, he was appointed as an Independent Board Member at PMV (Participatiemaatschappij Vlaanderen). He is actively involved in developing the Wintercircus Ghent technology hub and, alongside Jurgen Ingels, heads a dedicated Space & Defence venture fund investing in strategic frontier technologies.

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Investment focus

  • Industry: Food Delivery, SaaS, Software
  • Stage:Series A, Seed, Series C
  • Geography: Belgium

Investor stats

  • Total investments: 4
  • Round size: Series A $3.4M–$5.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Deliverect — Seamless digital ordering for every channel: dine-in, carry-out, drive-through, delivery, and catering
  • Casper — Casper is a pan European Hybrid Kitchen pioneer and a modern day food hall; 100% virtual and getting everyone what they want. Their vision is to have a foothold in every great city of Europe: a virtual food hall (referring to the wide variety of cuisines available from which you can order) at everyone’s fingertips, from the comfort of their ownhome. Available for in-store purchase, pick-up or within 30 minutes delivery distance. Similar to a dark kitchen, Casper's kitchen operations are takeaway & delivery focused. However, they differ by choosing high street locations where customers are able to walk in and order from a kiosk, click & collect or pick-up from the deli. While they wait for and see how their food is prepared, the branded in-store environment allows them to engage with the brand; completely wiping out the mystery-factor and all misconceptions around ghost kitchens.
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Zhong Xu
Angel · New York, New York, United States · 3 investments in Belgium Food and Beverage startups

Zhong Xu is based out of New York, New York and is the Co-Founder & CEO of Deliverect. Zhong previously worked at Lightspeed HQ as a Global Director of Hospitality. Zhong Xu attended Ghent University.

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Investment focus

  • Industry: E-Commerce, Food Delivery, B2B
  • Stage:Seed, Series A, Series C
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 5
  • Round size: Series A $3.4M–$5.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Deliverect — Seamless digital ordering for every channel: dine-in, carry-out, drive-through, delivery, and catering
  • Orderchamp — Orderchamp is a marketplace that brings independent retailers and brands together to provide wholesale service for local communities.The company's mission is to enable creators and shop owners from around the world to find the right sales channels and discover unique products.Orderchamp was founded in 2019 and is headquartered inAmsterdam, Noord-Holland, The Netherlands.
  • Casper — Casper is a pan European Hybrid Kitchen pioneer and a modern day food hall; 100% virtual and getting everyone what they want. Their vision is to have a foothold in every great city of Europe: a virtual food hall (referring to the wide variety of cuisines available from which you can order) at everyone’s fingertips, from the comfort of their ownhome. Available for in-store purchase, pick-up or within 30 minutes delivery distance. Similar to a dark kitchen, Casper's kitchen operations are takeaway & delivery focused. However, they differ by choosing high street locations where customers are able to walk in and order from a kiosk, click & collect or pick-up from the deli. While they wait for and see how their food is prepared, the branded in-store environment allows them to engage with the brand; completely wiping out the mystery-factor and all misconceptions around ghost kitchens.
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Newion
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in Belgium Food and Beverage startups, 7 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 87
  • Round size: Seed $1.2M–$6.5M; Series A $1.1M–$10M; Series B $5.4M–$66M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $129M in 2022

Portfolio highlights

  • Nopan — We help large merchants, fintechs, and PSPs turn account and wallet payment methods into measurable revenue drivers.
  • Lightbringer — Experience the future of patent services with Lightbringer. Our AI-driven platform accelerates your patent process, ensuring efficiency and expertise from world-class patent attorneys.
  • BirdsView — BirdsView is to 'assist small e-commerce firms in transforming their own consumer data into effective, tailored marketing tactics and turning one-time purchases into devoted patrons.
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Ark Angels Activator Fund
VC Fund · Hasselt, Limburg, Belgium · 3 investments in Belgium Food and Beverage startups

Ark Angels Activator Fund SA is a closed venture capital fund (closed-end private equity investment fund) with a capital of 14.8 M EUR. The Fund is recognized as ARKIV and has obtained the status of Private Privak under Belgian law. The Fund is managed by a management company set up by BAN Vlaanderen VZW, ING Belgium & the two fund managers.The Fund initially acted primarily as a co-investor in investments made by business angels who are members of BAN Vlaanderen, but then also co-invested with other capital providers. It focuses not only on investments in young growth companies, but also on companies in the growth or transfer phase with an operating office in Flanders,

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Investment focus

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

Investor stats

  • Total investments: 20
  • Round size: Seed $937k–$1.6M; Series A $1.3M–$4.9M; Venture - Series Unknown $1.6M–$7.8M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Apicbase — Apicbase is a F&B management platform that gives you total visibility of your back of house so you can grow without compromise.
  • waylay — Waylay is a leading Enterprise IT-OT digital unification software company delivering low-code based orchestration, automation and analytics software solutions. Waylay has a passion for supporting enterprises on their IoT automation journey and ensuring it puts all valuable data to work for developers, data scientists and domain experts.
  • Accelleran — Accelleran is pioneering a disruptive approach to the delivery of cost-effective, carrier and mission-critical grade TDD and FDD Small Cell networks through its focus on software quality and partnerships with volume manufacturers.Accelleran provides LTE Small Cell software and LTE Small Cell product solutions which address the real-worldchallenges of volume deployment of Small Cells. We offer turnkey solutions and unique experience on the challenges of integrating cellular technology on low cost, yet powerful platforms and architectures. Accelleran offers its customers solid and dependable system solutions, backed by the support of our unparalleled expertise.Accelleran’s technology is genuinely independent from any HW platform and enables operators to invest once in the integration and validation of a common software base that can be deployed across different segments, platforms and Small Cell architectural approaches to enable a truly integrated HetNet.
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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Food and Beverage 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:Venture - Series Unknown, Series A
  • Geography: Belgium, United States, Spain

Investor stats

  • Total investments: 111
  • Round size: Series A $422k–$32M; Venture - Series Unknown $2.7M–$27M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

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

Oxygen for growth - LRM

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Investment focus

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

Investor stats

  • Total investments: 98
  • Round size: Seed $658k–$5.2M; Venture - Series Unknown $1.4M–$11M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Monsana — Monsana's AI-powered platform empowers both patients and healthcare professionals in their search for the perfect clinical trial. Each eligibility criterion is validated based on your unstructured textual medical records, allowing highly accurate matching with experimental treatments.
  • ADLC — ADLC employs drone technology to deliver logistics services, allowing businesses to implement drone-based solutions without having to manage them in-house. The company is focused on enhancing last-mile delivery in maritime and offshore environments. ADLC now conducts drone delivery services in the Port of Antwerp in collaboration with SGS, atesting and certification company, and works with companies such as BASF. Its drones have reduced delivery times and environmental effect, boosting efficiency sixfold and lowering CO2 emissions by up to 80% for petrochemical sample deliveries.
  • Optiflux — Optiflux automatiseert het bewaarbeheer van vers fruit met slimme AI & vision-technologie. Minder verlies, meer winst voor teler & handelaar.
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Meusinvest (Noshaq)
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Food and Beverage startups

Noshaq offers financial services to help businesses develop.

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Investment focus

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

Investor stats

  • Total investments: 82
  • Round size: Seed $137k–$6M; Series A $3.6M–$16M; Venture - Series Unknown $2M–$16M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • 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).
  • Amyl Therapeutics — Amyl Therapeutics is a preclinical stage biotechnology company. Amyl Therapeutics uses a novel mechanism to bind to the amyloid fold of toxic protein aggregates of various types, including antibody light chain (AL) or transthyretin (TTR) aggregates, which accumulate in peripheral organs to cause systemic amyloidosis diseases, but also amyloid-β(Aβ), Tau, and α-synuclein aggregates, which accumulate in the brain to cause Alzheimer's and Parkinson's diseases.
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Belcube
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Food and Beverage startups

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

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Investment focus

  • Industry: Apps, FinTech, Finance
  • Stage:Seed, Series A, Convertible Note
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $539k–$1.7M; Series A $1.3M–$6.6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Neteven — The Neteven software is developed internally and relies on robust technologies. Neteven was the first French company to be Certified Compatible Application by eBay in 2005 and the first one to integrate Amazon Web Services in France.Neteven’s developers collaborate daily with marketplaces engineers to provide enterprises with the most advancedsolution. Neteven integrates all functionalities and add new exclusive tools to facilitate and optimize the centralized management of the full sales cycle on global marketplaces.The team is made of experts coming from marketplaces, brands, manufacturers, wholesalers or software companies.
  • Tricount — Split expenses with friends for free. Record who paid, agree on shares, and see who owes whom. No ads or daily expense cap.
  • Compliment.me (Acquired) — Compliment is a Brussels based wellness company. We provide daily personalized vitamin pack. Answer a quick questionnaire and get vitamin recommendation backed by science.
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Access 48,091 investors

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

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Beyond Impact
VC Fund · Montreux, Vaud, Switzerland · 2 investments in Belgium Food and Beverage startups

Beyond Impact Advisors is created to facilitate investment in products and services that are either inherently vegan in nature or are cruelty-free and remove mankind’s reliance on the raising of animals for slaughter.Beyond Impact’s core investment thesis centers on sustainability as a pillar of risk management and economic valuation. Due to theheavy environmental impact, the use of animals is inherently unsustainable and alternatives need to be found and funded. Coinciding with this we are seeing an accelerating societal shift in favour of vegan, cruelty-free and plant-based alternatives, based on the environmental imperative, health concerns and compassion for animals.As such, Beyond Impact targets significantly impactful companies which have positioned their products and services to meet this growing demand, favouring those with clear technological advantages and whose products outstrip the qualities of the animal-derived material they replace.

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Investment focus

  • Industry: Food and Beverage, Food Processing, Biotechnology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 41
  • Round size: Seed $670k–$7M; Series A $2.9M–$14M; Venture - Series Unknown $2.1M–$2.3M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Jay&Joy — Jay&Joy is the first plant-based creamery in France engaged in manufacturing alternatives to cheese made from almond milk and cashew nuts.
  • Paleo — Paleo creates animal-free and GMO-free ingredients for plant-based meat and fish alternatives. They enhance taste, aroma, color and nutritional value.
  • Perfat Technologies — Perfect fats for better foods.
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 2 investments in Belgium Food and Beverage startups

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

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Investment focus

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

Investor stats

  • Total investments: 92
  • Round size: Seed $850k–$5.2M; Pre-Seed $1M–$1.3M; Series A $2.2M–$8.8M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely actively investing — fresh fund, raised $22M in 2025

Portfolio highlights

  • Kyvvu — Kyvvu is an Agent Security Kernel (ASK): an in-process security layer that checks every action an AI agent takes — against the full path of the task so far — and allows, warns, or blocks it before it runs, deterministically, in under a millisecond, without your data ever leaving your environment.
  • Ringtime — Make more placements with the same team. The AI screening agent that reaches frontline candidates via WhatsApp and phone, in 22+ languages.
  • Quadric — quadric.io is a Burlingame, CA-based processor technology company. The q16 Processor is the most comprehensive AI processor that handles any AI and high-performance edge workload.
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Meert Family
VC Fund · 1 investments in Belgium Food and Beverage startups

Meert Family is an investment firm.

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Investment focus

  • Industry: Service Industry, Food and Beverage, Supply Chain Management
  • Stage:Venture - Series Unknown
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Dripl — Transformeer jouw kantoor met Dripl: de gezonde drankdispenser voor een duurzame, verpakkingsvrije en gezonde werkomgeving. Geef jouw team de boost die ze verdienen.
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Impact Group
VC Fund · Boise, Idaho, United States · 1 investments in Belgium Food and Beverage startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Dog Chef — Dog Chef is an exhibit supplier of homemade and natural food for dogs across the region.
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Gaelle Lefebvre
Angel · Ixelles, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Food and Beverage startups

Gaelle Lefebvre

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Investment focus

  • Industry: Distillery, Food Processing, Wine and Spirits
  • Stage:Seed
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • 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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Soudal
VC Fund · Turnhout, Antwerpen, Belgium · 1 investments in Belgium Food and Beverage startups

A leading independent manufacturer of sealants, PU-Foams and adhesives. Serves professionals in construction, retail channels and industrial assembly.

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Investor stats

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

Portfolio highlights

  • Thrive — Thrive is a beverage manufacturing company that produces and distributes flavored non-alcoholic beers, including sports drinks.
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Planet A Ventures
VC Fund · Hamburg, Hamburg, Germany · 1 investments in Belgium Food and Beverage startups

Planet A Ventures is a greentech venture fund looking to support European solutions for a sustainable future. Planet A Ventures has an in-house science team that calculates life cycle assessments to determine a startup's impact. Their scientists have the authority to veto investments if the impact is not significant and quantifiable. Planet AVentures invests in European green tech start-ups that are making a significant positive impact on the environment while also building scalable businesses.

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Investment focus

  • Industry: Software, Manufacturing, Sustainability
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, Italy

Investor stats

  • Total investments: 45
  • Round size: Seed $3.5M–$11M; Pre-Seed $900k–$5.3M; Series A $12M–$37M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $190M in 2021

Portfolio highlights

  • Optiml — Optiml develops software that supports real estate decarbonization and energy transition planning. The company provides a digital platform that models building portfolios, evaluates renovation pathways, and assesses financial and carbon impacts of retrofit strategies. Its tools integrate technical, economic, and regulatory data to help assetmanagers prioritize investments and align with climate targets. Optiml also enables scenario analysis, tracking of emissions performance, and reporting capabilities that support sustainability decision-making. The company serves property owners, investors, and financial institutions seeking structured analysis for decarbonization planning and capital allocation.
  • Gigaton — Carbon Re is a climate tech company using cutting-edge AI solutions to decarbonize cement and steel. Get in touch with us today!
  • One.Five — Grow your strategic edge with AI-generated solutions that deliver the ultimate packaging performance, affordability & sustainability
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Jose Marin
Angel · New York, New York, United States · 1 investments in Belgium Food and Beverage startups

Jose Marin started his professional career as a consultant at The Boston Consulting Group.In 1999 he co-founded DeRemate.com (eBay model for Latin America). The company raised 75 M USD, did a partial cash-out sale to Terra and later merged with Mercado Libre that went Public in Nasdaq .Currently Jose is co-Founder and co-CEO of IGExpansion. IG takes successful internet business models into emerging markets (main focus Brazil). IG builds one project per year and will not build more than 6 (investing the first 3 to 5 M USD per project). 5 of the 6 are already operating being Viajanet (Expedia for Latam) its biggest success.Jose is also founder of Serendipity Investments, company that has invested in >70 start-ups. Before this, Jose invested in projects such as Bazee (auctions sold to eBay in 2005) and eDreams (European Travel site sold to TA Associates in 2006) obtaining top tier returns.Jose is a Mechanical and Electrical Engineer and holds an MBA and an MA in International development Economics from Stanford.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Brazil, United Kingdom

Investor stats

  • Total investments: 68
  • Round size: Seed $250k–$3.5M; Series A $2.3M–$23M; Series B $2.7M–$60M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Borzo — Borzo is a global delivery service that enables intracity same-day delivery. Our algorithms optimize numerous parallel deliveries taking into account the geographical routes, packages’ contents, couriers and many others to ensure the feasibility of the same-day delivery. The services are available in 10 countries including Brazil, India, Indonesia,Korea, Malaysia, Mexico, the Philippines, Russia, Turkey and Vietnam and are used by 3 million customers ranging from SMEs to enterprises.
  • Printify — Sell custom t-shirts, phone cases, and 800+ products with your designs printed on demand. We will handle printing and shipping to your customers.
  • Menu Next Door — Menu Next Door's chefs are enthusiasts from all walks of life who want to share their talents. So you'll always enjoy freshly-made, delicious meals originating from all over the world.On Menu Next Door, you'll find these quality meals at affordable prices because they're homemade and prepared locally with no delivery charges.It's great food for the many, not the few.What brings people together more than food? Community is the magic ingredient in Menu Next Door.Meeting your chef and getting the chance to talk to them about the dish they've prepared is what makes this something more than just a takeaway.
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28DIGITAL
VC Fund · 1 investments in Belgium Food and Beverage startups

Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Italy, Spain, Poland

Investor stats

  • Total investments: 32
  • Round size: Seed $268k–$2.1M; Grant $5.4k–$500k; Pre-Seed $27k–$320k
  • Lead/follow: 66% lead, 34% follow

Portfolio highlights

  • VoiceMed — We bring deep-tech innovation into your smartphone. With vocal biomarkers and artificial intelligence, we measure respiratory diseases.
  • Siriusgame — Sirius Game is an innovative EdTech startup creating playful, research-based learning experiences validated by universities around the globe. We make learning more inclusive, engaging, and impactful through game-based pedagogy.
  • GreenPow — GreenPow is The Adaptive Computing Platform. MAIZX, our continuously-deciding control plane, routes workloads across regions based on energy, carbon, cost, performance, and compliance signals - so infrastructure thinks, not just runs.
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Piton Capital
VC Fund · London, England, United Kingdom · 1 investments in Belgium Food and Beverage startups

Piton Capital is a venture capital and growth equity firm headquartered in London, United Kingdom. Piton focuses exclusively on network effects businesses (marketplaces, exchanges and platforms) as this provide one of the few moats or forms of defensibility to achieve dominance. There are several forms of great network effects businesses thataren’t marketplaces that include data network effects (including machine learning and AI), businesses that rely on user generated content, as well as SaaS businesses with the potential to layer network effects around it. The firm is a stage and style-agnostic and seeks to invest from seed to late stage (€200k to €15m).

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Investment focus

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

Investor stats

  • Total investments: 117
  • Round size: Seed $1M–$7M; Series A $1.7M–$9.6M; Series B $6M–$38M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • CardNexus — CardNexus provides a digital platform for managing, trading, and selling trading card collections.
  • Nesnězeno — Nesnezeno is a platform that helps restaurants, shops, and hotels eliminate the waste of quality food. Through their mobile platform, they sell day-of treats that are nearing their expiration date.
  • Munch — Munch operates a marketplace for restaurants, supermarkets, bakeries and cafes to sell their surplus food to consumers at a discounted price.
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Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 1 investments in Belgium Food and Beverage 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, Private Equity
  • Geography: Belgium, United States, France

Investor stats

  • Total investments: 171
  • Round size: Series A $3.3M–$79M; Series B $10M–$73M; Private Equity $8.7M–$82M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $838M 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.
  • ActoGeniX — ActoGeniX is a biopharmaceutical company focused on the development and commercialization of a range of biological drugs. ActoGeniX was founded by Bernard Coulie and Mark Vaeck in 2006 and is based in Zwijnaarde, Belgium.
  • 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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Slingshot Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Food and Beverage startups

Slingshot Ventures is a venture capital firm investing in fast growing companies, with a focus on B2C and B2B2C businesses.We back ambitious, talented and charismatic entrepreneurs and actively help them accelerate their businesses with our knowledge, experience and international network of people and companies. By providing smart capital we helpthese start- and scale-ups catapult their business to the next level.We currently manage a portfolio of multiple investments, all with a base in the Netherlands and all with a cross-border ambition. Our portfolio includes companies such as VanMoof, Wonderkind, Boldking, Wasteless, Temper, Swishfund & more.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A
  • Geography: The Netherlands, United Kingdom, Germany

Investor stats

  • Total investments: 33
  • Round size: Seed $1.2M–$6.8M; Series A $3.5M–$14M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • HEY HOLY — HEY HOLY is redefining dog nutrition with the world’s first breed-specific dog food sold in a subscription. We believe every dog deserves food tailored to their unique health needs – because a German Shepherd isn’t a Chihuahua.Backed by science and crafted with only high-quality ingredients, HEY HOLY supports better digestion, fewer intolerances,and healthier, longer lives for dogs. Thousands of owners have already made the switch, choosing HEY HOLY to give their dogs personalized care and optimal health outcomes.
  • Cruit — Cruit is on a mission to revolutionize the way companies hire talent. We believe that referrals are the most powerful tool for companies to find the best candidates, and we’re dedicated to leveraging that power to help businesses around the world build amazing teams. Our goal is simple: to turn employees and communities into a “Cruiter”.
  • Toothfairy — Winner of app of the year, for emergencies, teeth straightening, teeth whitening & prescriptions. Teledentistry and dentist available 24/7. Founded by dentists.
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Faraday Venture Partners
VC Fund · Madrid, Madrid, Spain · 1 investments in Belgium Food and Beverage startups

Founded in 2011, Faraday Venture Partners is a pan-European Venture Capital firm investing in European innovative early-stage startups via its network of Clubs of Investors and its own Funds.

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Investment focus

  • Industry: Software, E-Commerce, B2B
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Spain, Germany, France

Investor stats

  • Total investments: 91
  • Round size: Seed $274k–$2.2M; Series A $494k–$7M; Venture - Series Unknown $518k–$4.6M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Dripl — Transformeer jouw kantoor met Dripl: de gezonde drankdispenser voor een duurzame, verpakkingsvrije en gezonde werkomgeving. Geef jouw team de boost die ze verdienen.
  • Axomove — Axomove specializes in the prescription of video-based physical exercises. The company's movement knowledge is used by health professionals to improve remote monitoring of their patients and to avoid Musculoskeletal Disorders (MSDs) at work.
  • Citring — Citring One, is an innovative juicer with a radically simplified process. Effortless from juicing to cleaning, it is ideal for anyone with a busy lifestyle. Say goodbye to hassle and hello to fresh juice. With Citring One, juicing is as easy as pressing a button.
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The Group Spadel
VC Fund · Woluwé-saint-lambert, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Food and Beverage startups

Spadel provides throughout the course of life, natural and forever improved answers to your needs for hydration and desires for refreshment.

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Investment focus

  • Industry: Food and Beverage, Water, CleanTech
  • Stage:Venture - Series Unknown, Seed
  • Geography: France, Belgium, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $2.6M–$3.4M; Venture - Series Unknown $4.7M–$6.4M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Dripl — Transformeer jouw kantoor met Dripl: de gezonde drankdispenser voor een duurzame, verpakkingsvrije en gezonde werkomgeving. Geef jouw team de boost die ze verdienen.
  • Kumulus Water — We create water from air sustainably, efficiently, and inspired by nature. Partner with us to elevate your sustainability strategy.
  • Something & Nothing — Our Premium Sodas are made with the highest quality natural juices, extracts and botanicals for elevated refreshment.
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EIT Food
VC Fund · Belgium, Wisconsin, United States · 1 investments in Belgium Food and Beverage startups

EIT Food is a European Knowledge and Innovation Community (KIC), which was set up to transform our food ecosystem. By connecting consumers with businesses, start-ups, researchers and students from around Europe, EIT Food supports innovative and economically sustainable initiatives which improve our health, our access to quality food, and our environment

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Investment focus

  • Industry: Biotechnology, Food and Beverage, Food Processing
  • Stage:Grant, Non-Equity Assistance, Seed
  • Geography: United Kingdom, Israel, Germany

Investor stats

  • Total investments: 129
  • Round size: Seed $252k–$9.7M; Grant $23k–$594k; Non-Equity Assistance $1.2k–$32k
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • Kokomodo — Kokomodo is a produce cocoa via plant cell culture. Kokomodo cellular agriculture technology produce real, controlled, climate-resilient cacao, everywhere, year-round.
  • Hooked Foods — Hooked Foods is working on a plant-based tuna substitute. By serving delicious plant-based seafood for everyone to enjoy, the company is leading the transition to a healthier seafood ecosystem. The company was established in 2019 and is headquartered in Sweden.
  • ProSeed Ingredients — ProSeed Ingredients SA develops plant-based ingredients from seed side streams for food and nutrition brands. The portfolio includes protein concentrates, fibers, and functional flours processed from oilseed press cakes and other by-products. These ingredients support applications in bakery, snacks, beverages, dairy alternatives, and meat analogsthrough water binding, emulsification, and texture control. The company offers application trials, prototyping, and co-development to adapt functional performance to specific recipes. Quality and regulatory services include specification sheets, traceability, allergen management, and consistent lot-to-lot performance. Sampling, pilot runs, and scale-up guidance help R&D and procurement teams evaluate and integrate the ingredients into existing production.
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Dominique Baudoux
Angel · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Food and Beverage startups

Dominique Baudoux

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Investment focus

  • Industry: Farming, Nutrition, Wholesale
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Kazidomi — Kazidomi is a retailer of food, hygiene, and well-being products via e-commerce. The platform provides food online at a discounted price that is organic, vegan, gluten, and lactose-free along with various hair, lip care, make-up, skincare, and perfumes, enabling customers to gather their daily essentials in an affordable manner.
  • APEO — APEO is a provider of sustainable plant protection products with the combination of science and agronomy to develop organic herbicides based on essential oils. It offers glyphosate-free solutions that support the environment, human health, and global regulations. The company is involved in all the steps of production such as research, testing,assessment, and delivery of quality products.
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Jürgen Ingels
Angel · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Food and Beverage startups

Jurgen Ingels is the Founder and Managing Partner of SmartFin. He previously worked at FTI SuperNova as an Organizer. Jurgen holds a Master's degree in Political and Social Sciences and an MBA from the University of Antwerp.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Series B, Seed, Series A
  • Geography: Belgium, Turkey, The Netherlands

Investor stats

  • Total investments: 20
  • Round size: Seed $1.2M–$3M; Series A $3.3M–$12M; Series B $3M–$35M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Auditstage — The first AI-powered workspace for financial auditors. Automate manual workflows, draft working papers, and scale your firm with human-in-the-loop AI agents.
  • Casper — Casper is a pan European Hybrid Kitchen pioneer and a modern day food hall; 100% virtual and getting everyone what they want. Their vision is to have a foothold in every great city of Europe: a virtual food hall (referring to the wide variety of cuisines available from which you can order) at everyone’s fingertips, from the comfort of their ownhome. Available for in-store purchase, pick-up or within 30 minutes delivery distance. Similar to a dark kitchen, Casper's kitchen operations are takeaway & delivery focused. However, they differ by choosing high street locations where customers are able to walk in and order from a kiosk, click & collect or pick-up from the deli. While they wait for and see how their food is prepared, the branded in-store environment allows them to engage with the brand; completely wiping out the mystery-factor and all misconceptions around ghost kitchens.
  • 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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Akiles
VC Fund · Rhode-saint-genèse, Vlaams-Brabant, Belgium · 1 investments in Belgium Food and Beverage 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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Exceptional Ventures
VC Fund · London, England, United Kingdom · 1 investments in Belgium Food and Beverage startups

Exceptional Ventures is an early-stage venture capital firm that invests in entrepreneurs and businesses that improve people's lives. Founded in 2022 and is based in London, England.

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Investment focus

  • Industry: Health Care, Biotechnology, Wellness
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United Kingdom, Italy, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $1.6M–$5.3M; Pre-Seed $641k–$6.9M; Convertible Note $1.3M–$3.7M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $24M in 2022

Portfolio highlights

  • InTouchNow — InTouchNow provides outsourced multi-channel answering services.
  • Punto Health — AI-powered digital platform for management of Alzheimer's and other dementias.
  • Big Picture Bio — Big Picture Bio is a developer of an AI-driven platform designed to identify, design, and optimize cancer combination therapies.
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Siddhi Capital
VC Fund · Cherry Hill, New Jersey, United States · 1 investments in Belgium Food and Beverage startups

Siddhi Capital is the growth equity partner for convention-crushing food and beverage companies.

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Investment focus

  • Industry: Food and Beverage, Biotechnology, AgTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Israel, Canada

Investor stats

  • Total investments: 60
  • Round size: Seed $2M–$6.3M; Pre-Seed $1M–$3.6M; Series A $5M–$21M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely actively investing — fresh fund, raised $475k in 2026

Portfolio highlights

  • Nopalera — Vegan, cruelty free, and Latina owned. Handmade cactus products that celebrate culture and resilience.
  • Pigmentum — Pigmentum is an ag-tech firm developing a molecular technology platform that enables external gene activation in plants.
  • ProFuse Technology — ProFuse Technology revolutionizes cultured meat production by shortening it duration, improving the meat quality and increasing yields.
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DN Capital
VC Fund · Menlo Park, California, United States · 1 investments in Belgium Food and Beverage startups

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).

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Investment focus

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

Investor stats

  • Total investments: 451
  • Round size: Seed $1M–$12M; Series A $4.5M–$25M; Series B $10M–$82M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Gaussion — Gaussion is revolutionising batteries by utilising magneto-electrochemistry.
  • unique.ai — Automate personalized experiences to successfully transform your organization.
  • sherpa — AI Operating System for External Workforce Management
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Mudcake
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Belgium Food and Beverage startups

Mudcake is a microfund run by ex-founders dedicated to making the world a better place for the next generation.

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $2.3M–$8.4M; Pre-Seed $125k–$2M; Series A $15M–$24M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Amatera — Amatera is a biotechnology research company that leverages the latest techniques in biotechnology, to create coffee varieties. Amatera urges to make coffee varieties more sustainable and climate resistant to fill that massive demand. Founded by Omar Dekkiche and Lucie Kriegshauser in 2022 and is located in Paris, France.
  • Messium — Messium's technology makes use of proprietary machine learning models and hyperspectral satellite constellations.
  • Nutropy — Nutropy produces real milk ingredients, identical to those produced by cows, to develop premium cheese alternatives that taste just as good as cow’s cheese but are more sustainable, healthier and better for the animals. No animals involved, full cheese experience.
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DSM Venturing
VC Fund · Heerlen, Limburg, The Netherlands · 1 investments in Belgium Food and Beverage startups

Innovators in nutrition, health, and beauty. Together, we bring progress to life by combining the essential, the desirable, and the sustainable.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 96
  • Round size: Series A $3.5M–$32M; Series B $5.6M–$30M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — last raise in 2012

Portfolio highlights

  • Athian — Funding livestock sustainability via a connected carbon marketplace.
  • Octarine Bio — Octarine Bio is a world leading synthetic biology platform with a core mission to drive bio-based, sustainable solutions to address the most pressing planetary issues through innovation & exploration. Inspired by nature, to protect nature.
  • Meala Foodtech — Revolutionary texturized plant proteins that replace eggs and hydrocolloids. Clean-label, allergen-free solutions for baking, savory foods, and dressings.
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Mérieux Equity Partners
VC Fund · Lyon, Rhone-Alpes, France · 1 investments in Belgium Food and Beverage startups

Mérieux Equity Partners (“MxEP”) is a management company dedicated to venture, growth and LBO investments in the healthcare and nutrition sectors. MxEP actively supports entrepreneurs and industrial companies with differentiated products and services, by providing privileged access to its expertise and international network. MxEP currently managesmore than €600m AUM and has recently launched a new vehicle MP3 of €350m dedicated to growth/LBO.

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Investment focus

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

Investor stats

  • Total investments: 57
  • Round size: Series A $5.7M–$23M; Series B $7.2M–$48M; Private Equity $23M–$150M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • DeepUll — DeepUll is a biotech company that focuses its activity on the development of a new diagnostic system for early-stage sepsis condition. DeepUll’s proposal is based on quickly identifying the pathogens and offering the antibiogram within a few hours on the one hand, and on using the data and learning about the patient’s immunological and functionalstatus on the other. The system allows doctors to predict the future appearance and evolution of sepsis within a short period of time and thus provide a suitable clinical response even before the symptoms arise.
  • Ceva Santé Animale — Ceva Sante Animale S.A. engages in the research, development, production, and marketing of pharmaceutical products and vaccines for companion and farm animals. They work with welfare and social programmes around the world to bring this vision to life – anywhere their products and know-how can make a difference and with all kinds of partners. FromUganda, working with small-scale livestock owners and vets to stop sleeping sickness in its tracks, to the UK and USA, where they supply the biggest animal welfare charities with Adaptil® collars to help re-home shelter dogs.
  • CorFlow Therapeutics — CorFlow Therapeutics is a medtech startup that develops proprietary technologies for diagnosis and treatment of microvascular obstructions in heart attack patients. The CorFlow technologies enable interventional cardiologists to diagnose and treat MVO in severe heart attack patients thereby potentially reducing the short- and long-term complicationrates in these patients.
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Naxicap Partners
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Food and Beverage startups

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

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Investment focus

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

Investor stats

  • Total investments: 104
  • Round size: Series A $2.8M–$24M; Private Equity $2M–$56M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely actively investing — fresh fund, raised $2.9B in 2026

Portfolio highlights

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

GoGreen Capital is a venture capital firm focused on the renewable sector, investing mainly in early-stage companies in Europe and North America.Recently established, GoGreen Capital is based in Brussels, Belgium and leverages a solid track record of investments made by its shareholders in the renewable industry for the last 15 years, notably ina leading solar thermal energy supplier.

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Investment focus

  • Industry: AgTech, Hardware, Agriculture
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Belgium, France

Investor stats

  • Total investments: 4
  • Round size: Venture - Series Unknown $1.3M–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Force-A — FORCE-A designs, produces, and sells optical sensors for the assessment of physiological and health status of crops. It offers crop sensors for nondestructive assessment of leaf polyphenolics. The company also provides multiparameter noncontact sensors-based on leaves or fruits, and berries autofluorescence measurements. Its multiparameternoncontact sensor provides inputs for decision support systems for a range of crops, including fertilisation needs, weed infestation, crop diseases, and crop yield and quality forecast. The company was founded in 2004 and is based in Orsay, France.
  • Eclo — Eclo is an urban farm that grows exotic mushrooms, microgreens, and fragrant baby herbs.
  • Peas&Love (Urban farm Company SA) — Our mission is to help cities to become greener, more sustainable, more human. By installing our farms, we provide eco-systemic services to cities, improving their quality of life and creating social interactions. We want to extent our farms, and from there become the urban farming glocal leader; delivering a positive and healthy experience thatwill dramatically improve our clients lives.
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Lean FUND
VC Fund · Louvain, Vlaams-Brabant, Belgium · 1 investments in Belgium Food and Beverage 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 $70k–$470k
  • 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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DOEN Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Food and Beverage startups

DOEN Ventures is the investment arm of the DOEN Foundation, dedicated to fostering a green, socially inclusive, and creative world through impact investing. It targets early-stage startups pioneering sustainable solutions, such as renewable energy, circular economy models, alternative materials, sustainable food systems, and blue economyinitiatives, alongside social inclusion efforts.

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Investment focus

  • Industry: Manufacturing, Food and Beverage
  • Stage:Seed
  • Geography: Belgium, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Koppie — Koppie is crafted from local peas, roasted and fermented to fit your coffee. We evolve coffee to safeguard it by creating the best hybrids, at attractive cost, easy integration, local & sustainable.
  • Foamlab — Foamlab develops high-performance, bio-based foams from bacterial cellulose. Tunable, lightweight, and compostable - built to outperform fossil-based plastic.
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SmartFin
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Food and Beverage startups

Venture capital fund focussing on European B2B technology companies.

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Investment focus

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

Investor stats

  • Total investments: 64
  • Round size: Seed $549k–$6.7M; Series A $5M–$13M; Series B $3M–$30M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely actively investing — fresh fund, raised $257M in 2025

Portfolio highlights

  • Auditstage — The first AI-powered workspace for financial auditors. Automate manual workflows, draft working papers, and scale your firm with human-in-the-loop AI agents.
  • Marble — Marble is an opensource, real time fraud and compliance automation engine designed for fintechs and financial institutions.
  • BrightAnalytics — Intuitive, reliable and fast. Consolidated reporting from BrightAnalytics.
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Investsud
VC Fund · Marche-en-famenne, Luxembourg, Belgium · 1 investments in Belgium Food and Beverage startups

Investsud is a capital firm that works on investments in different industries including food, general industry, and technological startup.

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Seed $546k–$24M; Series A $4.7M–$29M; Series B $22M–$23M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Brenus Pharma — Brenus Pharma develops off-the-shelf, next-generation in vivo immunotherapies designed to unlock the immune response against solid tumors.
  • Enodia Therapeutics — Enodia Therapeutics pioneers targeted protein degradation at the Sec61 translocon, developing small-molecule therapies for inflammatory and autoimmune diseases.
  • Novadip Biosciences — Novadip Biosciences, an advanced biopharmaceutical company focused on new generation of therapies from adipose stem cells adapted to hard and soft tissues reconstruction.
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Stéphane Ronse
Angel · Ghent, Oost-Vlaanderen, Belgium · 1 investments in Belgium Food and Beverage startups

Stéphane Ronse is the Founder of FOODBAG. He previously worked at West Flanders business centers as a Regional responsible for Kortrijk. Stéphane Ronse attended Ghent University.

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Investment focus

  • Industry: Service Industry, Food and Beverage, Supply Chain Management
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Dripl — Dripl is de allereerste drankautomaat die goed is voor je lichaam en de planeet. Vraag vandaag nog je op maat gemaakte offerte aan.
  • Bizzy — All up-to-date information you need for the most transparent & reliable view on your business world.
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Wim Vernaeve
Angel · Ghent, Oost-Vlaanderen, Belgium · 1 investments in Belgium Food and Beverage startups

Wim is a founding partner of Green Park Investment Partners, a private equity investor in the BeNeLux. He also personally invests in early stage startups. Previously he was co-founder of Bragster.com, a social network for daredevils that was sold to Guinness World Records. Before that, he worked in investment banking at Morgan Stanley in London.Wim received a MSc. in Aerospace Engineering.

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Investment focus

  • Industry: SaaS, CRM, Apps
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Dripl — Dripl is de allereerste drankautomaat die goed is voor je lichaam en de planeet. Vraag vandaag nog je op maat gemaakte offerte aan.
  • SweepBright — SweepBright is a new generation CRM for forward looking real estate agencies.
  • Cardify — Discover how Leadinfo can help you generate more and better sales than your competition by transforming anonymous website visitors into leads
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SOSV
VC Fund · Princeton, New Jersey, United States · 1 investments in Belgium Food and Beverage startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Rocket Internet
VC Fund · Berlin, Berlin, Germany · 1 investments in Belgium Food and Beverage startups

Rocket Internet incubates, builds, develops operationally and strategically invests in internet and technology companies globally. It provides operational support to its companies and helps them scale internationally. Rocket Internet's selected companies are active in a large number of countries around the world.

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Investment focus

  • Industry: E-Commerce, Internet, FinTech
  • Stage:Seed, Series A
  • Geography: Germany, Singapore, United Kingdom

Investor stats

  • Total investments: 132
  • Lead/follow: no public data

Portfolio highlights

  • Apata — Apata the go-to fraud prevention provider for fintech issuers.
  • Knoma — Search hundreds of courses from leading schools and bootcamps. Learn now and pay later with Knoma and spread the cost with ethical finance
  • The Coterie — https://blog.thecoterie.co/introducing-the-coterie-34e739cb85dcThe Coterie builds financial software for people who may make more from assets than salary. We offer founders access to venture capital investments, estate planning strategies and, coming soon, lending products. Our founders—Ethan Agarwal, Jeson Patel, and ChrisBoies—have all founded and sold companies before. We built The Coterie, alongside our incredible team, because we saw the need for these products first hand, and we created the world we want to live in. We’ve raised $50M in funding, led by Andreessen Horowitz. Other investors include Garry Tan (Midas List), Gokul Rajaram (IFKYK), Mar Hershenson (Midas List), Stanley Tang (Doordash co-founder), and more. Loans are made by Coterie Finance LLCLoans are made by Coterie Finance LLC. Investment advisory services provided through The Coterie Management Co LLC. Not investing advice, no guarantee of future results.
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Nucleus Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Belgium Food and Beverage startups

Supporting purpose-driven founders solving systemic challenges to planetary health.

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Investment focus

  • Industry: Biotechnology, Food and Beverage, Agriculture
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 48
  • Round size: Seed $3M–$8M; Pre-Seed $486k–$3.8M; Series A $15M–$17M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $48M in 2024

Portfolio highlights

  • Apoha — Stealth stage start-up
  • Bindbridge — AI for targeted protein degradation in plants.
  • Triple Bio — Triple Bio is a biotech startup focused on improving productivity and sustainability in dairy and beef production using biological and data‑driven technologies.
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Abacus Group
VC Fund · Waregem, West-Vlaanderen, Belgium · 1 investments in Belgium Food and Beverage startups

Abacus Group operates as an investment firm, that invests in companies with a clear strategy, solid management and a culture of entrepreneurship, high performance and integrity.

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Investment focus

  • Industry: Aquaculture, Service Industry, Food and Beverage
  • Stage:Venture - Series Unknown
  • Geography: Belgium, United Kingdom

Investor stats

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

Portfolio highlights

  • Dripl — Transformeer jouw kantoor met Dripl: de gezonde drankdispenser voor een duurzame, verpakkingsvrije en gezonde werkomgeving. Geef jouw team de boost die ze verdienen.
  • Salar Pursuits — Salar Pursuits is a firm that is developing a patent-granted smoltscreen (TM) salmon aquaculture technology that can be retrofitted within salmon cages to produce a sea lice-free enclosure.
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Jonas Mallisse
Angel · 1 investments in Belgium Food and Beverage startups

Jonas Mallisse is a founder of Too Good To Go Belgium.

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Investment focus

  • Industry: Service Industry, Food and Beverage, Supply Chain Management
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Dripl — Dripl is de allereerste drankautomaat die goed is voor je lichaam en de planeet. Vraag vandaag nog je op maat gemaakte offerte aan.
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Joris Ide Group
VC Fund · Zwevezele, West-Vlaanderen, Belgium · 1 investments in Belgium Food and Beverage startups

Joris Ide is a strong international player in the steel business. Over 3 decades, Joris Ide has developed a clear presence in more than 15 countries. Guided by our strong values and skilled people, we are continuously growing and evolving.

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Investment focus

  • Industry: Food and Beverage
  • Stage:Corporate Round
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Jasper’s Sauzen — Jasper’s Sauzen is a health-conscious condiment brand specializing in low-calorie, allergen-friendly table sauces, including vegan, gluten-free, and lactose-free ketchup and mayonnaise.
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Fidentia Green Buildings
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Food and Beverage startups

Real estate company

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Investment focus

  • Industry: Energy, Agriculture, Real Estate
  • Stage:Venture - Series Unknown
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Building Integrated GreenHouses ( BIGH ) — BIGH integrates farms with existing buildings to benefit from waste energy and reduce their environmental impact. They design their farms with the circular economy in mind, their building materials are cradle-to-cradle where possible, sustainable and can be up-cycled. their farms are designed to make the best use of water and energy, and to reducethe heat island effect. They create spaces to encourage greater biodiversity in cities.
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Dupont Restauration
VC Fund · Libercourt, Nord-Pas-de-Calais, France · 1 investments in Belgium Food and Beverage startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Dog Chef — Dog Chef is an exhibit supplier of homemade and natural food for dogs across the region.
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Food and Beverage Investor funding in Belgium at a glance

Stats across 59 deals from 75 investors.

75
investors
in Belgium Food and Beverage startups
59
deals
in Belgium Food and Beverage startups
$1.4M
median round
in Belgium Food and Beverage startups
40%
lead investors
lead at least one round
31%
Seed
most common funding stage
79/21
VC / Angel
share of investor count

Access all 75 investors in Belgium Food and Beverage startups.

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