Top 10 Legal VC Funds & Investors in Belgium (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
redalpine
VC Fund
|
4 | Germany, Switzerland, United Kingdom | Seed, Series A, Series B | Biotechnology, Health Care, Software | $1.6M–$125M |
|
PMV
VC Fund
|
2 | Belgium, United States, The Netherlands | Seed, Series A, Series B | Software, Biotechnology, Health Care | $1M–$42M |
|
WING by Digital Wallonia
VC Fund
|
2 | Belgium | Seed, Series A, Convertible Note | Software, Health Care, Information Technology | $219k–$11M |
|
Ark Angels Activator Fund
VC Fund
|
2 | Belgium | Series A, Seed | Software, Information Technology, SaaS | $932k–$4.9M |
|
Fortino Capital
VC Fund
|
1 | Belgium, The Netherlands, Germany | Series A, Seed | Software, Information Technology, SaaS | $2M–$17M |
|
Syndicate One
VC Fund
|
1 | Belgium, United Kingdom, United States | Pre-Seed, Seed, Series A | Artificial Intelligence, Software, SaaS | $1M–$20M |
|
Notion Capital
VC Fund
|
1 | United Kingdom, United States, Germany | Series A, Seed, Series B | Software, Information Technology, SaaS | $1.1M–$66M |
|
TCD Capital
VC Fund
|
1 | Belgium, France | Series A, Series B, Venture - Series Unknown | Biotechnology, Health Care, Medical Device | $2.1M–$18M |
|
Entourage
VC Fund
|
1 | Belgium, Spain, United States | Seed, Pre-Seed | SaaS, Software, Information Technology | $751k–$3.3M |
|
ScaleFund
VC Fund
|
1 | Belgium, France, Luxembourg | Seed, Pre-Seed, Series A | Software, Cyber Security, Information Technology | $592k–$8M |
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redalpine is a thesis-driven vc with deep expertise in software and science. since 2006. we believe in the power of big ideas and in empowering game changers. we don't just invest, we co-create a better tomorrow. together with you.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Series A, Series B
- Geography: Germany, Switzerland, United Kingdom
Investor stats
- Total investments: 197
- Round size: Seed $1.6M–$13M; Series A $3.2M–$31M; Series B $15M–$125M
- Lead/follow: 39% lead, 61% follow
- Last fund: May invest from a new fund soon — raised $25M in 2013
Portfolio highlights
- microagi — Accelerating embodied AGI
- telli — The platform for AI phone calls. https://t.co/yOOUfNYMFe - used by 100+ enterprises - backed by @ycombinator & @cherryventures
- Proxima Fusion — We are a European fusion energy startup pursuing the clearest path to grid deployment.
Do and dare company
Show more...Investment focus
- Industry: Software, Biotechnology, Health Care
- Stage:Seed, Series A, Series B
- Geography: Belgium, United States, The Netherlands
Investor stats
- Total investments: 156
- Round size: Seed $1M–$3.8M; Series A $2.7M–$40M; Series B $6.6M–$42M
- Lead/follow: 22% lead, 78% follow
Portfolio highlights
- Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
- Borro — Cashless deposit system
- Storm — Storm is een producent van hernieuwbare energie. Samen met ons team ontwikkelen, bouwen en exploiteren we duurzame energieprojecten over het hele land: van wind- en zonneparken tot snellaadstations en batterijopslag. Dit telkens tegen een zo laag mogelijke maatschappelijke kost.
W.IN.G by Digital Wallonia invests in SAAS, advanced tech and deep tech startups (AI, drones, medtech, IOT,...). W.IN.G brings smart money by helping startups by bi-weekly interactions and providing an operating teams (seasonal entrepreneurs being hands-on with the portfolio).
Show more...Investment focus
- Industry: Software, Health Care, Information Technology
- Stage:Seed, Series A, Convertible Note
- Geography: Belgium
Investor stats
- Total investments: 34
- Round size: Seed $346k–$1.9M; Series A $1.1M–$11M; Convertible Note $219k–$555k
- Lead/follow: 26% lead, 74% follow
Portfolio highlights
- IONNYK — IONNYK is a new medium of art photography, containing millions of tiny ink capsules.
- MYOCENE — Myocene is a Liège-based sports technology company which creates unique and innovative devices for measuring muscle fatigue and performance.
- Soil Capital Belgium — Discover Europe's first certified, multi-national carbon farming programme that rewards regenerative agriculture.
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,
Show more...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–$4.9M
- 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.
We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Series A, Seed
- Geography: Belgium, The Netherlands, Germany
Investor stats
- Total investments: 74
- Round size: Seed $2M–$6M; Series A $4.3M–$17M
- Lead/follow: 47% lead, 53% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- Mkind — Mkind builds intelligent robots for high-mix manufacturing, developing advanced automation solutions that can adapt to diverse production requirements, improve operational efficiency, and support manufacturers in handling complex, low-volume, and frequently changing product lines.
- Mobilexpense — Expense management solutions for mid-sized organisations and large enterprises. Automate your expense management: improve productivity and save costs.
- Operations1 — With Operations1 the B2B software company cioplenu GmbH delivers a cloud software for adaptive employee-led production processes (Adaptive Process Execution). The solution provides intuitive worker guidance and connects the organization in manufacturing companies. Customers such as Bosch, Stabilo or Trumpf benefit with Operations1 from increasedproductivity, enhanced quality and higher machine availability. At its core, the modular solution uses digital documents such as work instructions and checklists for process guidance and is used in a wide range of application areas such as maintenance, quality inspection, HSSE, audits and in manufacturing and assembly processes. Around the document core, planning, analysis, and incident management functionalities complete the offering to holistically accompany operational employees in their daily work.The clipboard becomes a tablet, complexity becomes simplicity, blindspot becomes transparency.
Syndicate One helps Belgian startups scale up their businesses through early-stage financing, relevant advice and mentorship.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, SaaS
- Stage:Pre-Seed, Seed, Series A
- Geography: Belgium, United Kingdom, United States
Investor stats
- Total investments: 33
- Round size: Seed $1.5M–$13M; Pre-Seed $1M–$2.5M; Series A $11M–$20M
- Lead/follow: 15% lead, 85% follow
- Last fund: Likely still investing — raised $4.8M in 2024
Portfolio highlights
- Jurimesh — Jurimesh checks every clause in the data room against expert-authored risk guides, with every finding cited back to the source.
- Belfort — Enabling Fully Homomorphic Encryption through Hardware Acceleration
- Polysense — Increase yield, reduce waste, and optimize food production with Polysense's AI-powered inline quality control. Real-time data for potatoes, bakery & more.
Notion Capital is a VC firm focused on European SaaS and Cloud.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Series A, Seed, Series B
- Geography: United Kingdom, United States, Germany
Investor stats
- Total investments: 279
- Round size: Seed $1.1M–$7M; Series A $4.5M–$28M; Series B $7.5M–$66M
- Lead/follow: 31% lead, 69% follow
Portfolio highlights
- Volo Commerce — Volo brings together data and intelligence from all over the commerce ecosystem and uses AI to provide real-time actionable insights.
- Topia — Discover our professional services designed to elevate your business with expert solutions tailored to your needs. Contact us today for trusted support.
- Wercker — Industry leading container registry, for organizations to manage Docker images, perform vulnerability analysis, and manage access via fine-grained access control.
TheClubDeal is an investment holding and fund manager co-investing into SME’s and real estate projects. It provides facilitation of governance between non-executive shareholders and entrepreneurs. Its governance structure, including its charter of avoidance of conflict of interests, is therefore paramount to the adequate management of the Company.At TheClubDeal, we connect Investors and Entrepreneurs around promising investment opportunities. For each of these, we will invest ourselves and co-invest with a selected number of investors. We add value by processing strong applied governance principles, when selecting and managing our investments, and by gathering the necessary skills to successfully grow the businesses and real-estate projects we co-invest in. TheClubDeal is launching their second fund, a 50M € PRIVAK/PRICAF in H1 2021 with the mandate to invest in Belgian scale-ups in three sectors: Smart Living, Tech and Life Sciences.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical Device
- Stage:Series A, Series B, Venture - Series Unknown
- Geography: Belgium, France
Investor stats
- Total investments: 18
- Round size: Series A $2.1M–$7.7M; Series B $13M–$18M; Venture - Series Unknown $5.5M–$6.5M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Vaxinano — Vaxinano is a biotechnology company specialized in preclinical and pharmaceutical development of human and veterinary vaccines and drug delivery systems. Vaxinano was created in 2016, building on 25 years of research and clinical trials on vaccines and the patented technology of Pr Didier Betbeder.
- Inpulse — Inpulse is an automated supply management platform for restaurateurs.
- Clouds of care — Increasing your probability of success through the adoption of meaningful endpoints, starting from electrophysiology.
Entourage is a venture Studio and early stage VC that invests in early-stage B2B and SaaS sectors.
Show more...Investment focus
- Industry: SaaS, Software, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Belgium, Spain, United States
Investor stats
- Total investments: 9
- Round size: Seed $751k–$3.3M; Pre-Seed $1.7M–$3.3M
- Lead/follow: 67% lead, 33% follow
Portfolio highlights
- Dealcar — DEALCAR is a company that digitalizes the used car market through a SaaS platform, enabling fully digital transactions. This platform creates a network effect benefiting dealers, partners, and customers. • Dealers: Increase revenue by selling extra products and boost sales by reducing turnover time. • Partners: Distribute products at the pointof sale without marketing expenses, lowering operational costs. • Consumers: Purchase a used car easily in just three steps, enjoying a smooth, trusted process similar to renting but with the benefits of owning a car.
- Karomia — Karomia is an efficient and engaging B2B SaaS solution supporting sustainability officers in conducting a Double Materiality Assessment (DMA) of their organization, as part of their ESG report.
- Warren — Enabling wealth, Boosting welfare
ScaleFund is a post-business angel, pre-venture capital/corporate partnership fund operating across Belgium.
Show more...Investment focus
- Industry: Software, Cyber Security, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: Belgium, France, Luxembourg
Investor stats
- Total investments: 6
- Round size: Seed $1.3M–$1.8M; Pre-Seed $592k–$2.3M; Series A $7.8M–$8M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Wodan AI — Wodan AI develops artificial intelligence software focused on predictive maintenance and industrial data analysis. The company provides a platform that uses machine learning models to process sensor and operational data in order to identify patterns, detect anomalies, and anticipate equipment issues. Its technology supports data integration, modeltraining, deployment, and ongoing performance monitoring within industrial environments. Wodan AI’s solutions are used to support maintenance planning and asset management across manufacturing and other operational settings. The company applies data-driven methods to help organizations understand equipment behavior and operational risks.
- Feedelity — The #1 feedback management platform. Centralize guest feedback from Google, Tripadvisor, social media, email, Uber Eats, Deliveroo and more, and see what your guests really think.
- Duely — Duely provides AI-native legal services specifically for mergers and acquisitions (M&A) transactions.
Legal VC funding in Belgium at a glance
Stats across 15 deals from 21 investors.
Access all 21 VC funds in Belgium Legal startups.
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