# Top 50 Manufacturing Startup Investors in Belgium in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Limburgse Reconversie Maatschappij | 6 | Belgium, United States, The Netherlands | Seed, Series A | Information Technology, Software, Biotechnology |
| imec.xpand | 6 | Belgium, United States, Germany | Seed, Series A, Series B | Semiconductor, Manufacturing, Medical Device |
| Innovation Fund | 5 | Belgium, France, Luxembourg | Seed, Series A | Health Care, Manufacturing, Information Technology |
| PMV | 5 | Belgium, United States, The Netherlands | Series A, Seed | Software, Biotechnology, Health Care |
| S.R.I.W. | 5 | Belgium, United States, Spain | Series A, Series B | Health Care, Biotechnology, Manufacturing |
| Finindus | 4 | Belgium, United States, Sweden | Series A, Seed | Manufacturing, Industrial, Renewable Energy |
| Gemma Frisius Fund | 4 | Belgium, France, United Kingdom | Seed, Series B, Series A | Biotechnology, Health Care, Medical |
| HCVC | 3 | United States, France, United Kingdom | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Robotics |
| Industrya | 3 | Belgium, France | Seed | Industrial, B2B, SaaS |
| Thibaud Elziere | 3 | France, United States, Belgium | Seed, Pre-Seed, Series A | Software, Internet, Information Technology |
| Qbic Fund | 3 | Belgium, The Netherlands | Seed, Series A | Biotechnology, Software, Health Care |
| Eurazeo | 3 | France, United States, Germany | Series B, Seed | Software, Information Technology, Health Care |
| Meusinvest (Noshaq) | 3 | Belgium, France, Germany | Series A, Seed | Biotechnology, Health Care, Medical |
| The Faktory Fund | 3 | Belgium, France, United States | Seed, Pre-Seed | Software, Analytics, Information Technology |
| KBC Focus Fund | 3 | Belgium, The Netherlands, France | Seed, Series A | Semiconductor, Electronics, Manufacturing |
| Fred Potter | 2 | France, Belgium | Seed, Series A | Artificial Intelligence, SaaS, Software |
| Francis Nappez | 2 | France, United States, Belgium | Seed, Angel, Series A | Software, Internet, SaaS |
| Index Ventures | 2 | United States, United Kingdom, France | Series A, Series B, Seed | Software, E-Commerce, Internet |
| Buysse & Partners | 2 | Belgium, United Kingdom, The Netherlands | Series A, Seed | Software, Cloud Computing, FinTech |
| invest.bw | 2 | Belgium, United States | Seed, Pre-Seed, Series A | Biotechnology, Manufacturing, Farming |
| Knife Capital | 2 | South Africa, United States, Kenya | Series A, Seed | Software, Education, Manufacturing |
| Bloc Ventures | 2 | United Kingdom, Israel, Belgium | Seed, Series A | Software, Internet of Things, Financial Services |
| VCT Vector Gestion | 2 | Belgium | Seed | Computer, Electronics, Manufacturing |
| LRM | 2 | Belgium, The Netherlands | Seed | Manufacturing, Drones, Sensor |
| The CoFoundry | 2 | Belgium, The Netherlands, United States | Seed, Series A | Software, SaaS, Security |
| QBIC II | 2 | Belgium | Series B, Series A | Biotechnology, Industrial, Construction |
| Harold Mechelynck | 2 | France, Belgium, United States | Seed, Series A, Series B | FinTech, Finance, SaaS |
| Capricorn Partners | 2 | Belgium, United States, The Netherlands | Series A, Series B | Biotechnology, Health Care, Software |
| WE International | 2 | Belgium, United States, Germany | Series A, Seed | Health Care, Energy, Solar |
| XAnge | 2 | France, Germany, Belgium | Series A, Seed, Series B | Software, SaaS, E-Commerce |
| Namur Invest | 2 | Belgium, United States | Series A, Seed, Grant | Health Care, Medical Device, Auctions |
| Fidimec | 2 | Belgium | Series A, Seed | Industrial, Semiconductor, Medical |
| Noshaq | 2 | Belgium, France, United States | Seed, Pre-Seed, Series B | Manufacturing, Medical Device, Battery |
| Greyhound Capital | 2 | United States, India, United Kingdom | Series B, Seed, Series D | Financial Services, FinTech, Banking |
| SmartFin | 2 | Belgium, The Netherlands, Turkey | Series B, Series A | Software, SaaS, Information Technology |
| Bertrand Jelensperger | 2 | France, Spain, Belgium | Seed, Series A, Angel | Apps, Software, E-Commerce |
| imec.istart Future Fund | 2 | Belgium, United Kingdom | Seed, Pre-Seed, Series A | Health Care, Medical Device, Satellite Communication |
| SFPIM | 1 | Belgium, France | Series A, Series C | Biotechnology, PaaS, SaaS |
| Rockley Group | 1 | United States, United Kingdom | Seed | Medical, Electronics, Health Care |
| Future Positive Capital | 1 | United Kingdom, France, Germany | Series A, Seed, Series B | Health Care, Artificial Intelligence, Wellness |
| SIDBI Venture Capital | 1 | India, Belgium | Seed, Series A | Manufacturing, Information Technology, Software |
| Mudcake | 1 | Germany, United States, United Kingdom | Seed, Pre-Seed, Series A | Food and Beverage, Biotechnology, Information Technology |
| SHIGERU AG | 1 | United States, Japan, Belgium | Seed, Pre-Seed, Series A | Natural Language Processing, Virtual Reality, Blockchain |
| Sensinnovat | 1 | Belgium | Series A, Series B | Medical, Diabetes, Health Care |
| Matthias Geeroms | 1 | Belgium | Pre-Seed, Seed | Software, Artificial Intelligence, CRM |
| Korys | 1 | Belgium, The Netherlands, Germany | Series A, Series B | Biotechnology, Information Technology, Renewable Energy |
| Saffelberg Investments | 1 | Belgium | Series A, Seed | Software, Fashion, E-Commerce |
| Exor Ventures | 1 | United States, Italy, France | Seed, Pre-Seed, Series A | Software, Health Care, Information Technology |
| Paladin | 1 | Belgium | Series A | Health Care, Manufacturing, Pharmaceutical |
| Takeda Ventures | 1 | United States, United Kingdom, Israel | Series A, Series B | Biotechnology, Health Care, Therapeutics |

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