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Top 30 Food and Beverage VC Funds & Investors in Belgium (June 2026)

The most active venture capital funds 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
Vives Louvain Technology Fund
VC Fund
4 Belgium, France, United States Series A, Series B Health Care, Biotechnology, Medical $491k–$125M
Ark Angels Activator Fund
VC Fund
3 Belgium Series A, Seed Software, Information Technology, SaaS $932k–$7.4M
Newion
VC Fund
3 The Netherlands, Belgium, Germany Series A, Seed Software, SaaS, Information Technology $796k–$7.5M
S.R.I.W.
VC Fund
2 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $411k–$75M
Volta Ventures
VC Fund
2 Belgium, The Netherlands, United States Seed, Series A Software, Information Technology, Artificial Intelligence $549k–$10M
Limburgse Reconversie Maatschappij
VC Fund
2 Belgium, United States, The Netherlands Seed, Series A Information Technology, Software, Biotechnology $494k–$11M
Spreds
VC Fund
2 Belgium, France Series A, Seed, Series B E-Commerce, Health Care, Online Portals $165k–$2.5M
Meusinvest (Noshaq)
VC Fund
2 Belgium, France, Germany Series A, Seed Biotechnology, Health Care, Medical $137k–$16M
Gogreen Capital
VC Fund
1 France, Belgium Series A AgTech, Hardware, Agriculture
Mérieux Equity Partners
VC Fund
1 France, United States, Belgium Series A, Private Equity Health Care, Biotechnology, Medical Device $5.8M–$150M
DN Capital
VC Fund
1 United States, Germany, United Kingdom Series A, Series B, Seed Software, SaaS, E-Commerce $300k–$60M
DSM Venturing
VC Fund
1 United States, Canada, Israel Series A, Series B Biotechnology, Health Care, Manufacturing $3.5M–$32M
Investsud
VC Fund
1 Belgium, France Series A, Seed, Series B Biotechnology, Medical, Health Care $3M–$30M
Piton Capital
VC Fund
1 Germany, United Kingdom, The Netherlands Series A, Series B E-Commerce, Marketplace, Internet $1.7M–$53M
Slingshot Ventures
VC Fund
1 The Netherlands, United Kingdom, Germany Series A, Seed E-Commerce, Internet, Software $1.2M–$14M
Nucleus Capital
VC Fund
1 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Biotechnology, Food and Beverage, Agriculture $484k–$17M
Mudcake
VC Fund
1 France, Sweden, Belgium Seed, Pre-Seed AgTech, Biotechnology, Product Research $1.4M–$8.1M
SmartFin
VC Fund
1 Belgium, The Netherlands, Turkey Series A, Series B Software, SaaS, Information Technology $3M–$30M
Seeder Fund
VC Fund
1 Belgium, Luxembourg, France Seed, Pre-Seed, Series A Software, Information Technology, SaaS $219k–$8M
Beyond Impact
VC Fund
1 France, Belgium, Finland Series A, Venture - Series Unknown Food Processing, Food and Beverage, Apps $2.1M–$13M
Siddhi Capital
VC Fund
1 United States, Israel, Canada Seed, Series A, Series B Food and Beverage, Biotechnology, Nutrition $1.7M–$106M
Gimv
VC Fund
1 Belgium, United States, France Series B, Series A Biotechnology, Health Care, Medical $3.3M–$69M
Lean FUND
VC Fund
1 Belgium, United States, France Seed, Series B Internet, Apps, Software $66k–$384k
Impact Group
VC Fund
1 Belgium Series A Pet, Food Delivery, Food and Beverage
The Group Spadel
VC Fund
1 Belgium Service Industry, Food and Beverage, Supply Chain Management
Dupont Restauration
VC Fund
1 Belgium Series A Pet, Food Delivery, Food and Beverage
Rocket Internet
VC Fund
1 Germany, Singapore, United Kingdom Seed, Series A E-Commerce, Internet, FinTech
SOSV
VC Fund
1 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Naxicap Partners
VC Fund
1 France, Belgium, United States Private Equity, Series A Manufacturing, Software, Retail $2M–$56M
Faraday Venture Partners
VC Fund
1 Spain, Germany, France Seed, Series A Software, E-Commerce, SaaS $270k–$7M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

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
  • Geography: Belgium, France, United States

Investor stats

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

Portfolio highlights

  • Sunrise — Sunrise aims to bring simple answers to millions of people suffering from sleep disorders.We have developed a 3-gram sensor to diagnose sleep with gold standard quality. The technology offers a revolutionary new way to measure brain commands at night, with published clinical results never seen before. Studies demonstrate Sunrise is as accurate asin-lab sleep studies, at a fraction of the cost.Affecting one in three people, sleep disorders are extremely common. Sleep apnea is the most prevalent disease with almost 1 billion persons concerned. This condition leads to great body damage over time and yet remains undiagnosed in 80% of the cases.Patients, caregiver and insurers stand to benefit greatly from a solution to current highly cumbersome, expensive and time-consuming diagnostics systems.
  • Novadip Biosciences — Novadip Biosciences, an advanced biopharmaceutical company focused on new generation of therapies from adipose stem cells adapted to hard and soft tissues reconstruction.
  • Syndesi Therapeutics — Science that Builds Connections
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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, Seed
  • Geography: Belgium

Investor stats

  • Total investments: 20
  • Round size: Seed $932k–$1.6M; Series A $1.2M–$7.4M
  • 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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Newion
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in Belgium Food and Beverage startups

Newion is a venture capital firm focused on early-stage investments in B2B software companies. Its mission is to support entrepreneurs in building software companies into category leaders that create sustainable impact, and in doing so generate excellent returns to its investors.

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Investment focus

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

Investor stats

  • Total investments: 78
  • Round size: Seed $796k–$6.6M; Series A $1.1M–$7.5M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $148M in 2022

Portfolio highlights

  • clockin — If you want to track your employees' working hours easily and in a legally compliant manner, clockin is the right choice. The multi-award-winning app reduces paperwork and manual effort to a minimum. The app can be installed on smartphones or as a tablet terminal in just a few minutes. Companies can add their employees just as easily and starttime tracking right away. The timesheets for individual employees, which are required for payroll accounting, are created automatically by clockin. In addition, the clockin app offers further functions, such as the option of a team calendar, requesting absences, tracking time on specific projects, obtaining signatures and thus every manual process is mapped digitally.
  • NjiaPay — Payments-as-a-Service platform that will streamline your operations and elevate your online payments across the African continent.
  • Agileday — Connect your business elements in one tool and manage your entire operations with Agileday. Match sales, projects, and talent together and optimize your business.
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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:Series A, Series B
  • Geography: Belgium, United States, Spain

Investor stats

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

Portfolio highlights

  • Intressa Vascular — Intressa Vascular provides innovative solutions to address life-threatening cardiovascular conditions such as aortic dissection.
  • Minoryx Therapeutics — Minoryx is focused on the discovery and development of novel treatments for severe, orphan diseases of the central nervous system with high unmet medical need.
  • Santero Therapeutics — This is the homepage of the website
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 2 investments in Belgium Food and Beverage startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Hyperfox — The tailored eCommerce platform for the Wholesales industry. All you ever needed to grow your Wholesales enterprise.
  • Nodalview — Nodalview helps real estate agents deliver cutting edge content and an impressive buying experience for happy and loyal customers.
  • Supplied — Streamlining onboarding and compliance processes for businesses with innovative AI tools and applications
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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, Series A
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 87
  • Round size: Seed $494k–$5.2M; Series A $1.6M–$11M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • ADLC — ADLC employs drone technology to deliver logistics services, allowing businesses to implement drone-based solutions without having to manage them in-house. The company is focused on enhancing last-mile delivery in maritime and offshore environments. ADLC now conducts drone delivery services in the Port of Antwerp in collaboration with SGS, atesting and certification company, and works with companies such as BASF. Its drones have reduced delivery times and environmental effect, boosting efficiency sixfold and lowering CO2 emissions by up to 80% for petrochemical sample deliveries.
  • MobieTrain — Train, connect and empower your frontline teams in minutes. MobieTrain boosts onboarding, training, engagement, and performance. All in one simple platform
  • TrendMiner — TrendMinder designs and delivers a fast, powerful and intuitive industrial analytics platform for everyone in operations to make smarter, data-driven decisions.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 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: E-Commerce, Health Care, Online Portals
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France

Investor stats

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

Portfolio highlights

  • Opinum — What is Opinum Data Hub? Our Data Hub is a secured Cloud-based platform that allows energy and environmental actors to centralise, enhance, analyse, and share data.
  • Digiteal — Digiteal offers a wide range of services for e-invoice presentment, electronic payments and open banking.
  • NietsCo — NietsCo. is the home of Botaniets Gin 0.0%, a leading selection of alcohol-free products, carefully distributed to the world's best restaurants, concept stores, shops and consumers.
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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
  • Geography: Belgium, France, Germany

Investor stats

  • Total investments: 76
  • Round size: Seed $137k–$6M; Series A $3.3M–$16M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

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

Investor stats

  • Total investments: 2
  • 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.
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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
  • Geography: France, United States, Belgium

Investor stats

  • Total investments: 57
  • Round size: Series A $5.8M–$22M; Private Equity $22M–$150M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $417M in 2020

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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Access 48,091 investors

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

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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: 278
  • Round size: Seed $300k–$9M; Series A $3.1M–$25M; Series B $8.6M–$60M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $300M in 2021

Portfolio highlights

  • Quandoo — In 8 years, Quandoo has expanded into 11 countries and has seated more than 200 million diners in 18,000+ restaurants. Quandoo’s technology-enabled marketplace equips both restaurants and diners with innovative products to elevate dining out as we know it. Headquartered in Berlin, with international footprints in Austria, Switzerland, Italy,Turkey, the UK, Hong Kong, Finland, Singapore, Australia and the Netherlands; the founders’ vision is to grow Quandoo into the world’s leading marketplace for dining out experiences. Quandoo is a subsidiary of Recruit Holdings, and with its sister companies HotPepper and AirRegi, forms the world’s largest restaurant marketing and software company. Quandoo currently employs more than 370 people from 50 countries.
  • unique.ai — Automate personalized experiences to successfully transform your organization.
  • Happeo — Happeo is the easy-to-launch intranet that helps you keep verified company knowledge centralized, relevant and searchable by connecting to the tools your teams already use.
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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: Biotechnology, Health Care, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 92
  • Round size: Series A $3.5M–$32M; Series B $4.1M–$30M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — last raise in 2012

Portfolio highlights

  • Vivici — Our mission is to meet the world's growing need for sustainable, nutritious and great tasting animal-free proteins.
  • Verdezyne — Verdezyne was a privately-held company that employs its biological expertise and proprietary advanced computational algorithms to design and synthesize novel, high-diversity gene libraries for engineering proteins, metabolic pathways, and microorganisms. The company creates and harnesses this unique biological diversity to optimize commercialfermentation processes for the production of petrochemical replacements.
  • NutriLeads — NutriLeads is an innovative startup that develops nutritional ingredients with demonstrated health effects. NutriLeads aims to catalyze nutritional health innovation in the food industry by partnering with relevant companies to identify promising lead ingredients, develop sustainable and commercially viable production processes, and initiatescientific & clinical programs to substantiate the health effects of these ingredients. Together we will bring the benefits of the proprietary ingredients to patients and consumers.
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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: 12
  • Round size: Seed $3M–$24M; Series A $4.9M–$30M; Series B $21M–$26M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • TrustUp — TrustUp is the home contractors platform, connects homeowners with verified quality home improvement.
  • 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.
  • Enodia Therapeutics — Enodia Therapeutics pioneers targeted protein degradation at the Sec61 translocon, developing small-molecule therapies for inflammatory and autoimmune diseases.
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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: E-Commerce, Marketplace, Internet
  • Stage:Series A, Series B
  • Geography: Germany, United Kingdom, The Netherlands

Investor stats

  • Total investments: 110
  • Round size: Series A $1.7M–$8.8M; Series B $5.5M–$53M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Booksy — Booksy - book appointments online. Find & book beauty services like hairdressing, manicure, spa or massage. Check prices & reviews!
  • 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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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:Series A, Seed
  • Geography: The Netherlands, United Kingdom, Germany

Investor stats

  • Total investments: 32
  • Round size: Seed $1.2M–$6.5M; Series A $4.4M–$14M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • HEY HOLY — We’re transforming pet care — with a breed-specific health concept instead of one-size-fits-all, with longevity at its core
  • 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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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: 45
  • Round size: Seed $3M–$8M; Pre-Seed $484k–$4.7M; Series A $15M–$17M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Bindbridge — AI for targeted protein degradation in plants.
  • Biographica — Biographica is a computational biology company that develops software tools and platforms to support genomic data analysis, interpretation, and visualization for research and clinical applications. Its solutions are designed to help scientists, clinicians, and bioinformaticians process complex genomic datasets, annotate genetic variants, andexplore biological insights through integrated workflows and interactive visualizations. The company’s platform combines data management, algorithmic analysis, and graphical interfaces to streamline tasks such as sequence alignment, variant calling, functional interpretation, and cohort comparison. Biographica’s tools support interoperability with common bioinformatics formats and pipelines, enabling users to integrate genomic workflows with existing research infrastructure. The company also provides APIs and developer tools to allow custom integration, automation, and extension of analytic capabilities within broader computational environments. Its offerings are used across life sciences research, translational projects, and precision medicine initiatives that require scalable, interpretable genomic data analysis.
  • Officinae Bio — Officinae Bio accelerates the discovery-to-preclinical timelines by leveraging proprietary machine learning to enhance mRNA translation, tissue specificity, and stability.
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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: AgTech, Biotechnology, Product Research
  • Stage:Seed, Pre-Seed
  • Geography: France, Sweden, Belgium

Investor stats

  • Total investments: 8
  • Round size: Seed $2.7M–$8.1M; Pre-Seed $1.4M–$2.2M
  • Lead/follow: 13% lead, 87% 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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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
  • Geography: Belgium, The Netherlands, Turkey

Investor stats

  • Total investments: 52
  • Round size: Series A $3.2M–$13M; Series B $3M–$30M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $281M in 2020

Portfolio highlights

  • Locatee — Locatee is the leading workplace analytics solution that transforms complex data into space utilisation insight. Developed with a strong focus and a deep understanding of the corporate real estate challenges facing the modern world of work, Locatee empowers leaders and managers to make decisions about their business buildings with confidence.Locatee works by leveraging office occupancy data from multiple sources, processing them using unique patented technology, and beautifully visualising them all in one place. With workplace intelligence at fingertips’ length, it’s easy to identify optimisation potential, realise savings, and enhance company’s workplace experience across the entire real estate portfolio.
  • emma — Some meta description
  • CrazyGames — Play free online games at CrazyGames, the best place to play high-quality browser games. We add new games every day. Have fun!
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Food and Beverage startups

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

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Investment focus

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

Investor stats

  • Total investments: 33
  • Round size: Seed $384k–$2.5M; Pre-Seed $219k–$2.4M; Series A $3.3M–$8M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • CrypDefi — Unified custody and compliance for institutional digital finance.
  • Alice — Reimagining the legal drafting process with AI, allowing lawyers to concentrate on strategic decisions and achieve better legal outcomes.
  • Vectrix — Vectrix offers AI-based automation and consulting solutions for businesses and logistics companies to automate workflows.
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Beyond Impact
VC Fund · Montreux, Vaud, Switzerland · 1 investments in Belgium Food and Beverage startups

Beyond Impact VC invests in companies which are carbon-negative, nature-positive, sustainable and animal-free.

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Investment focus

  • Industry: Food Processing, Food and Beverage, Apps
  • Stage:Series A, Venture - Series Unknown
  • Geography: France, Belgium, Finland

Investor stats

  • Total investments: 6
  • Round size: Series A $2.9M–$13M; Venture - Series Unknown $2.1M–$2.3M
  • Lead/follow: 50% lead, 50% follow

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.
  • Yeastup — Yeastup transforms brewer's yeast into proteins & fibers for food & supplements. Contact us for sustainable ingredient solutions.
  • Perfat Technologies — Perfat Technologies is a health-based technology company that develops fat-management applications based on healthy vegetable oils.
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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, Nutrition
  • Stage:Seed, Series A, Series B
  • Geography: United States, Israel, Canada

Investor stats

  • Total investments: 56
  • Round size: Seed $1.7M–$6.3M; Series A $5M–$21M; Series B $10M–$106M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • BlueNalu — BlueNalu's mission is to be the global leader in cellular aquaculture, providing consumers with great tasting, healthy, safe, and trusted seafood products that support the sustainability and diversity of our oceans.
  • Ingrediome — We are developing an animal-free protein emulsifier that is radically superior to anything in the market today.
  • Liberation Bioindustries — Liberation Labs believe that by innovating technology, It can free the world from the costs of industrialized agriculture and unlock a new era of accessible, healthy foods. The mission is to make precision fermentation by commercializing purpose-built manufacturing facilities for industrial biotech.
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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
  • Geography: Belgium, United States, France

Investor stats

  • Total investments: 166
  • Round size: Series A $3.3M–$65M; Series B $7M–$69M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $622M in 2010

Portfolio highlights

  • spineart — Spineart is a privately held medical device company focused on simplifying the surgical act by designing, developing and promoting safe and efficient solutions to spine surgeons, operating room teams, and patients.
  • Marco Vasco — MarcoVasco, (previously known as PlanetVeo) is an online travel agency specialised in organising tailor-made journeys.Founded in 2007 by 3 French entrepreneurs, Marco Vasco quickly became a leader on the online custom holidays market.The company is based in Paris (France) with an office as well in Shanghai (China).The company is profitablesince 2010 and our revenues have grown rapidly from 1 million euros in 2008 to 60 million euros in 2013 (organic growth).
  • ImCheck Therapeutics — ImCheck Therapeutics is a developer of immuno-modulatory antibodies designed for the treatment of cancer and other immune-related diseases. The company's services are engaged in the discovery and development of immunomodulators for treating breast cancer, gastric, ovarian cancer cells and other solid solid tumours.
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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 $66k–$384k
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Neveo — With one click, send photos and messages on a family newspaper that your senior will receive every month.
  • Supersec — Good to eat, good to think: discover the Supersec organic, healthy, artisanal and sustainable food treats available in bulk delivery!
  • Sortlist — Discover the most relevant agencies for your project based on your own specific requirements.
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Impact Group
VC Fund · Boise, Idaho, United States · 1 investments in Belgium Food and Beverage startups

Impact Group is a sales and marketing agency for companies in the consumer packaged goods industry

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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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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: 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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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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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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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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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: 101
  • Round size: Series A $2.7M–$22M; Private Equity $2M–$56M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $1B in 2021

Portfolio highlights

  • MYRE — With 17 years of professional experience, Deborah (founder) has devised a tailor-made tool adapted to the new challenges of an industry still waiting to be modernized, allowing real estate players to focus on tasks with high added value. MYRE help Asset Managers in taking the control of their datas (financials, legal,...) in the asset lifecycle.We provide Financials analysis and modeling capabilities, advanced dataroom, Debt management, Real Estate Master data management in an inclusive way with all the stakeholders (PM, brokers, bank, ...)MYRE is based on twofold expertise of both technology and real estate business needs.
  • Dog Chef — Dog Chef is an exhibit supplier of homemade and natural food for dogs across the region.
  • Witco — Witco is an app that centralizes all the services that power a great work experience. We provide flexible workplaces & coliving solutions.
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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, SaaS
  • Stage:Seed, Series A
  • Geography: Spain, Germany, France

Investor stats

  • Total investments: 88
  • Round size: Seed $270k–$2.4M; Series A $494k–$7M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Axomove — Axomove is an e-health app that specializes in video physical exercises.
  • Bookline — Bookline is a company which offers AI-based conversational bots to manage appointments and bookings over the phone.
  • ScrapBees — ScrapBees is a pick-up service for the recycling of scrap metal from commercial businesses and private households.
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Food and Beverage VC funding in Belgium at a glance

Stats across 38 deals from 40 investors.

40
investors
in Belgium Food and Beverage startups
38
deals
in Belgium Food and Beverage startups
$1.6M
median round
in Belgium Food and Beverage startups
48%
lead investors
lead at least one round
21%
Private Equity
most common funding stage

Access all 40 VC funds in Belgium Food and Beverage startups.

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