# Top 50 Health Care VC (Venture Capital) Funds in Belgium in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| PMV | 20 | Belgium, United States, The Netherlands | Series A, Seed | Software, Biotechnology, Health Care |
| Meusinvest (Noshaq) | 20 | Belgium, France, Germany | Series A, Seed | Biotechnology, Health Care, Medical |
| S.R.I.W. | 15 | Belgium, United States, Spain | Series A, Series B | Health Care, Biotechnology, Manufacturing |
| V-Bio Ventures | 13 | Belgium, France, United States | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| Gemma Frisius Fund | 13 | Belgium, France, United Kingdom | Seed, Series B, Series A | Biotechnology, Health Care, Medical |
| Qbic Fund | 12 | Belgium, The Netherlands | Seed, Series A | Biotechnology, Software, Health Care |
| Capricorn Partners | 12 | Belgium, United States, The Netherlands | Series A, Series B | Biotechnology, Health Care, Software |
| Vives Louvain Technology Fund | 10 | Belgium, France, United States | Series A, Series B | Health Care, Biotechnology, Medical |
| WING by Digital Wallonia | 9 | Belgium | Seed, Convertible Note, Series A | Software, Health Care, SaaS |
| VIB | 9 | Belgium, Brazil, Denmark | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| Inventures SA | 8 | Belgium, France, United Kingdom | Series A, Seed | Health Care, Biotechnology, Manufacturing |
| Newton Biocapital | 8 | Belgium, Japan, France | Series A, Seed | Biotechnology, Medical, Pharmaceutical |
| Sambrinvest | 8 | Belgium, France, Spain | Seed, Series A, Series B | Biotechnology, Health Care, Medical |
| Limburgse Reconversie Maatschappij | 7 | Belgium, United States, The Netherlands | Seed, Series A | Information Technology, Software, Biotechnology |
| Gimv | 6 | Belgium, United States, France | Series B, Series A | Biotechnology, Health Care, Medical |
| White Fund | 6 | Belgium, United States | Seed, Series A | Health Care, Medical, Medical Device |
| EQT Life Sciences | 6 | United States, The Netherlands, Switzerland | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |
| Spinventure | 6 | Belgium | Series A | Health Care, Biotechnology, Medical |
| New Science Ventures | 5 | United States, United Kingdom, Belgium | Series B, Series A | Biotechnology, Health Care, Medical |
| Vesalius Biocapital Partners | 5 | Belgium, Germany, France | Series A, Series B, Series C | Biotechnology, Health Care, Medical |
| KBC | 5 | Belgium, United States, France | Seed, Series A, Series B | Biotechnology, Health Care, FinTech |
| Theodorus III | 4 | Belgium, Canada, France | Seed, Series A | Health Care, Life Science, Medical |
| Fund+ | 4 | Belgium, United States, Spain | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |
| Boehringer Ingelheim Venture Fund | 4 | United States, Germany, Switzerland | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| HERAN Partners | 4 | United Kingdom, Belgium, The Netherlands | Series A, Seed | Health Care, Artificial Intelligence, Hospital |
| Mérieux Equity Partners | 4 | France, United States, Belgium | Series A, Private Equity | Health Care, Biotechnology, Medical Device |
| Droia Ventures | 4 | United States, Belgium, The Netherlands | Series A, Series B, Series C | Biotechnology, Medical, Health Care |
| Omnes Capital | 4 | France, Germany, United States | Series A, Series B | Software, Biotechnology, Health Care |
| Kurma Partners | 4 | France, Switzerland, Spain | Series A, Seed, Series B | Health Care, Biotechnology, Medical |
| Forbion Capital Partners | 3 | United States, United Kingdom, The Netherlands | Series B, Series A, Series C | Biotechnology, Health Care, Medical |
| imec.istart Future Fund | 3 | Belgium, United Kingdom | Seed, Pre-Seed, Series A | Satellite Communication, Software, Health Care |
| Be Angels | 3 | Belgium, France, Spain | Seed, Pre-Seed | SaaS, Software, Health Care |
| imec.xpand | 3 | Belgium, United States, Germany | Seed, Series A, Series B | Semiconductor, Manufacturing, Medical Device |
| Namur Invest | 3 | Belgium, United States | Series A, Seed, Grant | Health Care, Medical Device, Auctions |
| TCD Capital (ex TheClubDeal) | 3 | Belgium, France | Series A, Series B, Seed | Health Care, Biotechnology, Information Technology |
| Volta Ventures | 3 | Belgium, The Netherlands, Luxembourg | Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Thuja Capital | 3 | The Netherlands, Belgium, United States | Series A, Seed | Biotechnology, Medical, Health Care |
| Novo Holdings | 3 | United States, Denmark, United Kingdom | Series A, Series B, Series C | Biotechnology, Health Care, Medical |
| Spreds | 3 | Belgium, France | Series A, Seed, Series B | E-Commerce, Health Care, Online Portals |
| BioGeneration Ventures | 3 | The Netherlands, United States, Belgium | Series A, Seed | Biotechnology, Therapeutics, Health Care |
| AdBio partners | 3 | France, Spain, Belgium | Seed, Series A | Biotechnology, Health Care, Pharmaceutical |
| Buysse & Partners | 3 | Belgium, United Kingdom, The Netherlands | Series A, Seed | Software, Cloud Computing, FinTech |
| b2venture | 3 | Germany, Switzerland, United Kingdom | Series A, Seed, Series B | Software, Health Care, Information Technology |
| Qbic | 3 | Belgium | Seed, Series B | Health Care, Biotechnology, AgTech |
| SFPIM | 3 | Belgium, France | Series A, Series B, Series C | Biotechnology, AgTech, Agriculture |
| Fountain Healthcare Partners | 3 | Ireland, United States, France | Series A, Series B, Series C | Health Care, Biotechnology, Medical |
| Ackermans & van Haaren | 3 | Belgium, India, The Netherlands | Series B, Series A, Series C | Health Care, Medical, Biotechnology |
| GoBeyond | 3 | Switzerland, Germany, United Kingdom | Seed, Series A | Information Technology, Medical, Software |
| BAN Vlaanderen | 2 | Belgium | Seed, Series A | Health Care, Medical, Apps |
| Sofinnova Partners | 2 | France, United States, United Kingdom | Series A, Series B, Series C | Biotechnology, Health Care, Medical |