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Top 15 Health Care VC Funds & Investors in Luxembourg (June 2026)

The most active venture capital funds investing in Luxembourg Health Care startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Luxembourg Health Care startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Expon Capital
VC Fund
5 Luxembourg, France, United States Seed, Series A, Series B Software, E-Commerce, Financial Services $635k–$54M
Volta Ventures
VC Fund
3 Belgium, The Netherlands, United States Seed, Series A Software, Information Technology, Artificial Intelligence $549k–$10M
Padda Health
VC Fund
2 Italy Seed Medical, Health Care, Biotechnology $1.3M–$2.7M
KBC Focus Fund
VC Fund
2 Belgium, The Netherlands, France Seed, Series A Semiconductor, Manufacturing, Electronics $1.2M–$17M
Finindus
VC Fund
2 Belgium, United States, Sweden Series A, Seed Manufacturing, Industrial, Renewable Energy $1.3M–$27M
KBC
VC Fund
1 Belgium, United States, The Netherlands Seed, Series A, Series B Biotechnology, Health Care, FinTech $549k–$65M
Empower Investment
VC Fund
1 China, United States, India Angel, Series A, Seed Information Technology, Health Care, Artificial Intelligence $142k–$14M
Digital Tech Fund
VC Fund
1 Germany, Luxembourg Seed, Series A Tourism, Health Care, Manufacturing $2.3M–$2.8M
KHAN Technology Transfer Fund
VC Fund
1 Germany, Austria, Luxembourg Seed, Series A, Venture - Series Unknown Biotechnology, Medical, Biopharma $259k–$11M
Be Angels
VC Fund
1 Belgium, France, Luxembourg Seed, Pre-Seed SaaS, Software, Health Care $78k–$1.5M
Super Capital VC
VC Fund
1 France, India, Germany Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, B2B $1.1M–$5.1M
Fortino Capital Partners
VC Fund
1 Luxembourg Series A Fashion, Lifestyle, E-Commerce
Kadmos Capital
VC Fund
1 United Kingdom, Switzerland, Luxembourg Seed, Series A Health Care, Biotechnology, Artificial Intelligence $2.5M–$11M
King Baudouin Foundation
VC Fund
1 Luxembourg, Switzerland Seed, Series A Energy, Medical, Chemical
Newion
VC Fund
1 The Netherlands, Belgium, Germany Series A, Seed Software, SaaS, Information Technology $796k–$7.5M
Access all 34 VC funds in Luxembourg Health Care startups.

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

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Investor list

Expon Capital
VC Fund · Luxembourg, Luxembourg, Luxembourg · 5 investments in Luxembourg Health Care startups

Global investor in big ideas with the potential for positive impact & exponential growth

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Luxembourg, France, United States

Investor stats

  • Total investments: 70
  • Round size: Seed $635k–$5M; Series A $2.3M–$27M; Series B $16M–$54M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Dott — We believe in a future where cities are pollution-free and designed for people, not cars.
  • Coinhouse — Buy Bitcoin, Ethereum and Litecoin on Coinhouse, consult our educational content or visit our physical space, Coinhouse Store. Invest in the future, today.
  • nexten.io — nexten.io is the ideal platform for Tech profiles and Developers looking for Remote IT Jobs or IT Jobs in France. Create your Anonymous Profile in minutes; after accepting their requests, CTOs and team leaders of the best tech companies will send opportunities for your next dream job!
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 3 investments in Luxembourg Health Care 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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Padda Health
VC Fund · Milan, Lombardia, Italy · 2 investments in Luxembourg Health Care startups

Siamo partner di private equity con una struttura family office. Selezioniamo start-up tech-driven con idee innovative e voglia di emergere.

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Investment focus

  • Industry: Medical, Health Care, Biotechnology
  • Stage:Seed
  • Geography: Italy

Investor stats

  • Total investments: 4
  • Round size: Seed $1.3M–$2.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GenomeUp — GenomeUp is an AI platform (SaaS) to enabling doctors and clinical institutions to diagnose and treat rare genetic diseases in less than 24h. GenomeUp is involved in international research projects and clinical trials in partnership with universities and research centers.
  • TeiaCare — TeiaCare is an Italian start-up born in 2018 with the aim of transferring technology and innovation knowledge to care homes.Our first solution, Ancelia, is an AI-powered operating system designed to increase transparency in the care and assistance processes, both inside the care home and towards residents' families.TeiaCare, based inMilan, operates in Italy and Spain, has a team of 15 people and is supported by international investors.
  • VoiceMed — We bring deep-tech innovation into your smartphone. With vocal biomarkers and artificial intelligence, we measure respiratory diseases.
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KBC Focus Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Luxembourg Health Care startups

The KBC Focus Fund is a € 50 million venture capital fund that leverages the network of KBC in our investments. As we are an evergreen fund, we always strive for an exit when market conditions are favourable.

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Investment focus

  • Industry: Semiconductor, Manufacturing, Electronics
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands, France

Investor stats

  • Total investments: 23
  • Round size: Seed $1.2M–$6.6M; Series A $2.7M–$17M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Aito — We are developers of patented and award-winning Piezo Sensing and Haptics technology who are on a mission to offer unparalleled user experience by bringing surfaces to life with tactile feedback to help consumer electronics brands create new and innovative products, offering differentiation in a crowded marketplace.
  • Axign — We are Axign. A company on a mission to conquer the worldwide consumer audio market with our unique, patented audio technologies.
  • Pharrowtech — Pharrowtech designs next-generation solutions for fixed-wireless access, wireless VR/AR and ultra-high capacity wireless links. It builds on more than 12 years of top-notch R&D performed at imec, the Belgian R&D powerhouse. Leveraging deep technical expertise in algorithm, chip and antenna design for millimeter-wave systems, it createsproducts with best-in-class performance, power and cost features.
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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 2 investments in Luxembourg Health Care startups

Finindus provides early stage financing and growth capital to innovative companies active in the area of materials, material processing and sustainable manufacturing. We are funded by ArcelorMittal and the Flemish Region and linked to OCAS, the world class metals research center located in Belgium.

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Investment focus

  • Industry: Manufacturing, Industrial, Renewable Energy
  • Stage:Series A, Seed
  • Geography: Belgium, United States, Sweden

Investor stats

  • Total investments: 35
  • Round size: Seed $1.3M–$5.5M; Series A $3.5M–$27M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
  • CorrosionRADAR — CorrosionRADAR is a revolutionary patented sensing technology enabling the early detection, monitoring and prediction of hidden corrosion such as Corrosion Under Insulation (CUI)
  • Tretau — E-mobility is powered by its core - the electric motor. We at Tau are at the very core of the core: the copper winding wire, the magnetic core, the electrical steel.We just make it bet.
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KBC
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Luxembourg Health Care startups

KBC Private Equity - the investment company of KBC Group - provides development capital and finances buy-outs to medium-sized companies in Belgium and in Central and Eastern Europe, KBC's home markets.Boasting an experienced team of 28 people, it has more than 60 active investments in portfolio with a market value in excess of EUR 400million.KBC Private Equity aims to become one of the leading private equity providers on KBC Group's home markets. As an active shareholder with a long-term perspective, KBC Private Equity is involved in taking strategic decisions and providing support to management teams.

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Investment focus

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

Investor stats

  • Total investments: 33
  • Round size: Seed $549k–$8.2M; Series A $2.9M–$65M; Series B $33M–$44M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Rookoo — Rookoo is an AI-driven venue management software that talks to your customers, handles the intake, checks availability, fills your CRM or booking software, and hands off to your team for seamless follow-up.
  • Qivalis — Qivalis is a financial technology company designed for payments, settlements, and financial services.
  • Ion Beam Applications — Ion Beam Applications is a Belgium-based company that develops and markets technologies, pharmaceutical products and tailored solutions for the healthcare sector, with emphasis on cancer diagnosis and therapy. IBA is also active in the sterilization and ionization field. The Company operates through two business segments, namely the pharmaceuticalssegment, which includes radiopharmaceuticals and the equipments segment, which encompasses proton therapy, particle accelerators and dosimetry.
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Empower Investment
VC Fund · Shanghai, Shanghai, China · 1 investments in Luxembourg Health Care startups

Empower Investment was founded in 2012 in Shanghai, China. Their investment covers early-stage ventures, mid-stage growth, and securities in the public market. With headquarters in Shanghai, the company established branch offices in Beijing, Shenzhen, Hangzhou and Chengdu. Empower Investment has invested in over 150 high-tech and high-growthcompanies on a global scale covering regions including China, U.S, India, South Korea, Vietnam and Hong Kong. Their portfolio companies include fast-growing industries such as internet, AI, big data, automation & robotics, financial technology, cultural creativity, advanced materials, and healthcare.The Empower team has extensive experience in both deep technologies and financial services including internet, computer science, electronic engineering, materials science, auditing and investment banking. Some team members were serial entrepreneurs. With candidness and empathy, the team is eager to find and partner with the most visionary, determined and down-to-earth entrepreneurs. It always brings great excitement and pleasure to build a bright future with them.

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Investment focus

  • Industry: Information Technology, Health Care, Artificial Intelligence
  • Stage:Angel, Series A, Seed
  • Geography: China, United States, India

Investor stats

  • Total investments: 113
  • Round size: Seed $142k–$1M; Angel $425k–$1.5M; Series A $425k–$14M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • SideChef — Your digital resource for all home cooking needs. Browse 18,000 step-by-step recipes personalized to your diet and taste, for every skill level.
  • Hongpeng Airlines — Hongpeng Airlines is committed to developing, designing, and producing low-cost airplane engines.
  • Xunyuan Technology — Xunyuan Technology is a bio-refining and bio-manufacturing platform company based on non-grain carbon sources.
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Digital Tech Fund
VC Fund · 1 investments in Luxembourg Health Care startups

Digital Tech Fund

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Investment focus

  • Industry: Tourism, Health Care, Manufacturing
  • Stage:Seed, Series A
  • Geography: Germany, Luxembourg

Investor stats

  • Total investments: 3
  • Round size: Series A $2.3M–$2.8M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Wizata — Empowering data-driven optimization created for your industrial manufacturing process. Working through our digital platform for AI manufacturing optimization.
  • itravel — itravel allows leisure travelers to configure and book experiences, hotels, and transportation on tablets, the web, and in social media. itravel offers the client tools to select and “build” custom trips based on desired experiences (such as kitesurfing, elephant rides, special spa treatments), specific room configurations, and personalpreferences. itravel’s app interfaces allow these selections to happen effortlessly and with appealing content.
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KHAN Technology Transfer Fund
VC Fund · Dortmund, Nordrhein-Westfalen, Germany · 1 investments in Luxembourg Health Care startups

KHAN Technology Transfer Fund operates as an investment firm.

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Investment focus

  • Industry: Biotechnology, Medical, Biopharma
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Germany, Austria, Luxembourg

Investor stats

  • Total investments: 11
  • Round size: Seed $259k–$10M; Series A $5.5M–$11M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Casinvent Pharma — Casinvent Pharma develops new therapeutic options for the treatment of selected malignancies.
  • iDEL Therapeutics — iDEL Therapeutics is advancing a new class of cancer medicines by delivering therapeutic payloads directly into the cytosol of tumor cells through a unique, pan-cancer uptake mechanism.
  • KyDo Therapeutics — KyDo Therapeutics is a biotechnology company that develops novel covalent-allosteric small molecule inhibitors.
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Be Angels
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 1 investments in Luxembourg Health Care startups

Early stage Entrepreneurs Coaching and FinancingOne of Europe's leading Business Angels Networks. We connect innovative growth companies to equity finance and coaching by experienced angel investors. The network is 250 members strong and has been assisting innovative entrepreneurs to find financing for more than 10 millions Euros in thelast 4 years.

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Investment focus

  • Industry: SaaS, Software, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 23
  • Round size: Seed $247k–$1.5M; Pre-Seed $78k–$373k
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • ChainComply — ChainComply provides enhanced KYT due diligence solutions for banks and VASPs and relieves them from stressing over incoming transfers from crypto exchanges. 
ChainComply develops a SaaS tool that scans the client's crypto exchange and blockchain transaction history to reveal the source of funds of crypto holders. The company solutionsimplifies complex transaction streams, and then it identifies high-risk transactions and patterns, enabling AML teams to understand their clients better and meet regulatory obligations efficiently.
  • NIUM — NIUM is a startup focused on personalized nutrition and gut microbiome research. NIUM created science-based solutions to transform nutrition research and product development.
  • TalentGuide — Unlock workforce potential with Talentguide's skills intelligence platform, transforming ambition into measurable ability through actionable insights and personalized development paths.
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Access 48,091 investors

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

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Super Capital VC
VC Fund · Paris, Ile-de-France, France · 1 investments in Luxembourg Health Care startups

Super Capital offers financing solutions and 360° support for early-stage startups.

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Investment focus

  • Industry: Software, Artificial Intelligence, B2B
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: France, India, Germany

Investor stats

  • Total investments: 19
  • Round size: Seed $1.5M–$5.1M; Pre-Seed $1.1M–$1.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Reekom — Reekom is a textile reconditioning start-up that gives each product a new life and each brand the opportunity to act.
  • cobl — Bring you content to life
  • TwoWay — TwoWay Finance is an wealthtech startup building workflow intelligence tools for capital markets and trading desks.
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Fortino Capital Partners
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Luxembourg Health Care startups

We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.

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Investment focus

  • Industry: Fashion, Lifestyle, E-Commerce
  • Stage:Series A
  • Geography: Luxembourg

Investor stats

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

Portfolio highlights

  • Salonkee — All-in-one solution for beauty & hair salons
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Kadmos Capital
VC Fund · London, England, United Kingdom · 1 investments in Luxembourg Health Care startups

Kadmos Capital is an investment firm.

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Investment focus

  • Industry: Health Care, Biotechnology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: United Kingdom, Switzerland, Luxembourg

Investor stats

  • Total investments: 19
  • Round size: Seed $2.5M–$9.4M; Series A $5M–$11M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
  • Antiverse — Designing biologics for 100 challenging targets
  • cheMastery — Echo handles repetitive tasks with accuracy and precision, allowing your chemists to tackle high-value challenges.
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King Baudouin Foundation
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Luxembourg Health Care startups

The King Baudouin Foundation is an independent, pluralistic foundation.

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Investment focus

  • Industry: Energy, Medical, Chemical
  • Stage:Seed, Series A
  • Geography: Luxembourg, Switzerland

Investor stats

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

Portfolio highlights

  • MDsim — MDSIM is a health-tech startup. The companyon uses computer modeling and simulation (CM&S) in conjunction with data sciences and AI to assist improve the quality of life of millions of patients worldwide.
  • Bloom Biorenewables Ltd — By transforming natural materials found in biomass, we create the first true alternative to petroleum.
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Newion
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Luxembourg Health Care 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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Health Care VC funding in Luxembourg at a glance

Stats across 25 deals from 34 investors.

34
investors
in Luxembourg Health Care startups
25
deals
in Luxembourg Health Care startups
$1.6M
median round
in Luxembourg Health Care startups
41%
lead investors
lead at least one round
32%
Seed
most common funding stage

Access all 34 VC funds in Luxembourg Health Care startups.

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