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Top 50 Manufacturing VC Funds & Investors in Belgium (June 2026)

The most active venture capital funds investing in Belgium Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Manufacturing startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Limburgse Reconversie Maatschappij
VC Fund
6 Belgium, United States, The Netherlands Seed, Series A Information Technology, Software, Biotechnology $494k–$11M
imec.xpand
VC Fund
6 Belgium, United States, Germany Seed, Series A, Series B Semiconductor, Manufacturing, Medical Device $3.3M–$100M
S.R.I.W.
VC Fund
5 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $411k–$75M
Innovation Fund
VC Fund
5 Belgium, France, Luxembourg Seed, Series A Health Care, Manufacturing, Information Technology $329k–$5.8M
PMV
VC Fund
5 Belgium, United States, The Netherlands Series A, Seed Software, Biotechnology, Health Care $549k–$40M
Gemma Frisius Fund
VC Fund
4 Belgium, France, United Kingdom Seed, Series B, Series A Biotechnology, Health Care, Medical $384k–$84M
Finindus
VC Fund
4 Belgium, United States, Sweden Series A, Seed Manufacturing, Industrial, Renewable Energy $1.3M–$18M
Capricorn Partners
VC Fund
3 Belgium, United States, The Netherlands Series A, Series B Biotechnology, Health Care, Software $3.3M–$42M
Qbic Fund
VC Fund
3 Belgium, The Netherlands Seed, Series A Biotechnology, Software, Health Care $868k–$47M
HCVC
VC Fund
3 United States, France, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Robotics $920k–$30M
Eurazeo
VC Fund
3 France, United States, Germany Series B, Seed Software, Information Technology, Health Care $2.7M–$120M
KBC Focus Fund
VC Fund
3 Belgium, The Netherlands, Germany Seed, Series A Electronics, Semiconductor, Health Care $1.2M–$17M
Meusinvest (Noshaq)
VC Fund
3 Belgium, France, Germany Series A, Seed Biotechnology, Health Care, Medical $137k–$16M
The Faktory Fund
VC Fund
3 Belgium, France, United States Seed, Pre-Seed Software, Analytics, Information Technology $1.1M–$4.4M
Fidimec
VC Fund
2 Belgium Series A, Seed Industrial, Semiconductor, Medical $2.2M–$7.7M
invest.bw
VC Fund
2 Belgium, United States Seed, Pre-Seed, Series A Biotechnology, Manufacturing, Farming $2.9M–$43M
WE International
VC Fund
2 Belgium, United States, Germany Series A, Seed Energy, Health Care, Solar $10M–$57M
LRM
VC Fund
2 Belgium, The Netherlands Seed Manufacturing, Drones, Sensor
Namur Invest
VC Fund
2 Belgium, United States Series A, Seed, Grant Health Care, Medical Device, Auctions $658k–$19M
VCT Vector Gestion
VC Fund
2 Belgium Seed Computer, Electronics, Manufacturing $21M–$43M
Greyhound Capital
VC Fund
2 United States, India, United Kingdom Series B, Seed, Series D Financial Services, FinTech, Banking $1M–$751M
Noshaq
VC Fund
2 Belgium, France, United States Seed, Pre-Seed, Series B Manufacturing, Battery, Computer $1M–$43M
The CoFoundry
VC Fund
2 Belgium, The Netherlands, United States Seed, Series A Software, SaaS, Security $878k–$3.9M
QBIC II
VC Fund
2 Belgium Series B, Series A Industrial, Construction, Biotechnology $20M–$42M
XAnge
VC Fund
2 France, Germany, Belgium Series A, Seed, Series B Software, SaaS, E-Commerce $1.1M–$60M
SmartFin
VC Fund
2 Belgium, The Netherlands, Turkey Series B, Series A Software, SaaS, Information Technology $3M–$30M
Gimv
VC Fund
2 Belgium, United States, France Series B, Series A Biotechnology, Health Care, Medical $3.3M–$69M
imec.istart Future Fund
VC Fund
2 Belgium, United Kingdom Seed, Pre-Seed, Series A Satellite Communication, Software, Health Care $1.3M–$5.7M
Index Ventures
VC Fund
2 United States, United Kingdom, France Series A, Series B, Seed Software, E-Commerce, Internet $1.3M–$100M
Buysse & Partners
VC Fund
2 Belgium, United Kingdom, The Netherlands Series A, Seed Software, Cloud Computing, FinTech $1.1M–$11M
FPIM
VC Fund
1 Belgium Seed, Series B Manufacturing, Battery, Industrial
AA Sons
VC Fund
1 France, United States, Israel Seed, Series A Software, Information Technology, E-Commerce
Fundracer Capital
VC Fund
1 Belgium Seed Manufacturing, Electric Vehicle
Rockley Group
VC Fund
1 United States, United Kingdom Seed Medical, Electronics, Health Care
Spri
VC Fund
1 Spain Seed Real Time, Automotive, Clean Energy
Seed Capital Bizkaia
VC Fund
1 Spain, Mexico, Belgium Seed, Series A Software, Biotechnology, Manufacturing
Exor Ventures
VC Fund
1 United States, Italy, France Seed, Pre-Seed, Series A Software, Health Care, Information Technology
Korys
VC Fund
1 Belgium, The Netherlands, Germany Series A, Series B Biotechnology, Information Technology, Renewable Energy
SHIGERU AG
VC Fund
1 United States, Japan, Belgium Pre-Seed, Seed, Series A Natural Language Processing, Virtual Reality, Blockchain
Mudcake
VC Fund
1 Sweden Seed AgTech, Agriculture, Animal Feed
Nucleus Capital
VC Fund
1 Germany, United States, United Kingdom Pre-Seed, Seed, Series A Biotechnology, Food and Beverage, Manufacturing
Elaia
VC Fund
1 France, United States, Spain Seed, Series A, Series B Software, Artificial Intelligence, Information Technology
Spreds
VC Fund
1 Belgium, France Series A, Seed, Series B E-Commerce, Health Care, Online Portals $165k–$2.5M
Nuoyan Capital
VC Fund
1 China, Belgium Seed, Series A Manufacturing, Semiconductor, Electronics
Welvaartsfonds
VC Fund
1 Belgium Logistics, Manufacturing, Industrial Automation
Saffelberg Investments
VC Fund
1 Belgium Series A, Seed Software, Fashion, E-Commerce $2.7M–$4.4M
Lune Ventures
VC Fund
1 Belgium Pre-Seed CleanTech, Manufacturing, Renewable Energy
Aperam Ventures
VC Fund
1 Belgium Pre-Seed CleanTech, Manufacturing, Renewable Energy
Group Van Overstraeten
VC Fund
1 Belgium Logistics, Manufacturing, Industrial Automation
Industrya
VC Fund
1 France, Belgium Seed, Series A Industrial, B2B, SaaS $1.1M–$6.7M
Access all 166 VC funds in Belgium Manufacturing startups.

Access 48,091 investors

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

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Investor list

Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 6 investments in Belgium Manufacturing 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: 86
  • 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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imec.xpand
VC Fund · Leuven, Vlaams-Brabant, Belgium · 6 investments in Belgium Manufacturing startups

Expanding nanotechnology into business.

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Investment focus

  • Industry: Semiconductor, Manufacturing, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, United States, Germany

Investor stats

  • Total investments: 46
  • Round size: Seed $3.3M–$21M; Series A $8.7M–$56M; Series B $12M–$100M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $351M in 2024

Portfolio highlights

  • Spectricity — Spectricity provides multispectral imaging solutions to enhance color accuracy and analysis capabilities in mobile and consumer electronics.
  • Onera Health — Introduction to Onera sleep diagnostics and monitoring solutions
  • Swave Photonics — Swave develops Spatial Computing, Holography, holographic chips, and holograms in the HXR chip to create 3D augmented and virtual reality and HUD Heads Up Displays
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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 5 investments in Belgium Manufacturing 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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Innovation Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 5 investments in Belgium Manufacturing startups

Chemical, Advanced Materials, Cosmetics, Recycling, CleanTech, Plastics and Rubber Manufacturing, Nanotechnology, Biosciences

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Investment focus

  • Industry: Health Care, Manufacturing, Information Technology
  • Stage:Seed, Series A
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 30
  • Round size: Seed $329k–$5.8M; Series A $2.2M–$5.7M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Aerosint — Aerosint invented a technology called "Selective Powder Deposition" which deposits multiple powders in each layer. This unlocks multi-material 3D printing.
  • Daphne Technology — Measure and abate methane slip with Daphne Technology. Learn how we reduce emissions in gas engine exhaust. Contact us today!
  • Zeopore Technologies — Zeopore Technologies innovates zeolite mesoporization to optimize catalysts that enhance processes in refining and petrochemical industries. This leads to higher quality products, lower energy use and less waste, using an approach that is affordable, easily scalable and non-hazardous.
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PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 5 investments in Belgium Manufacturing startups

Do and dare company

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Investment focus

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

Investor stats

  • Total investments: 138
  • Round size: Seed $549k–$3.8M; Series A $2.7M–$40M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • LindaCare — LindaCare develops solutions for implantable cardiac device remote monitoring. From intuitive dashboards for caregivers to managed remote monitoring service, LindaCare is at the forefront of the monitoring revolution.
  • Gorilla — We empower Energy Retailers in pricing, forecasting and reporting with data-driven solutions in boosting speed and flexibility.
  • Predikt — Predikt empowers finance leaders to navigate today’s volatile markets with clarity and confidence. By integrating advanced AI, external market data, and internal financial metrics, Predikt transforms forecasting into a strategic advantage.Our pioneering Confidence Intelligence platform:- Provides transparency and automation to reduceforecasting uncertainty. - Enables CFOs to assess risks, identify opportunities, and align teams globally. - Turns data into decisions that foster resilience and drive growth.We understand the challenges finance leaders face: juggling a high-level view with local market complexities. That’s why Predikt is designed to enhance collaboration, challenge assumptions, and provide confidence in every number.Founded by a Swiss-Belgian team in 2023, Predikt is democratizing predictive technology, equipping finance teams to make smarter decisions and thrive amid uncertainty.
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Gemma Frisius Fund
VC Fund · Leuven, Vlaams-Brabant, Belgium · 4 investments in Belgium Manufacturing startups

Gemma Frisius Fund KU Leuven is a seed capital fund that aims to stimulate the creation and growth of university related spin-off companies.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Seed, Series B, Series A
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 34
  • Round size: Seed $384k–$33M; Series A $932k–$84M; Series B $4.4M–$24M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Magics Technologies — Magics Technologies is a nuclear research center that develops autonomous machines for sustainable energy sources.
  • Tavira Therapeutics — Tavira Therapeutics develops an innovative technology that equips AAV vectors with molecules to accurately target the intended tissues.
  • Augustine Therapeutics — Augustine Therapeutics is developing selective, safe and efficacious HDAC6 inhibitors designed for treatment of neuromuscular, neurodegenerative and cardiometabolic diseases. Discover our pipeline poised for clinical impact.
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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 4 investments in Belgium Manufacturing 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: 29
  • Round size: Seed $1.3M–$5.5M; Series A $3.5M–$18M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • OTIV — OTIV offers autonomous technology to make your railway operations in complex environment safer and more efficient.
  • Ventory — Ventory is an affordable, intuitive, and easy-to-use platform that gives field professionals full visibility and real-time control over remote inventory.
  • Fortius Metals — Fortius Metals is an innovative metal 3D printing company. Fortius Metals provides patented high performance wire consumables for advanced manufacturing including welding, joining and 3D printing
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Capricorn Partners
VC Fund · Leuven, Vlaams-Brabant, Belgium · 3 investments in Belgium Manufacturing startups

Capricorn Partners is a unique independent manager of venture capital, growth capital and quoted equity funds

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Investment focus

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

Investor stats

  • Total investments: 112
  • Round size: Series A $3.3M–$18M; Series B $5.3M–$42M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Neotiv — Enabling cognitive health
  • Thryve — Thryve’s SDK brings everything you need to access fragmented wearable, medical devices, and health data silos with a single integration. We unify your users’ data from smartwatches, blood glucose meters, and many other sources that unlock a continuous stream of harmonized health information for your care. We support popular data sources like AppleHealth, Google Fit, Huawei Health, Samsung Health, and many more.
  • VOID Technologies — VOID Technologies is a groundbreaking materials science company spun out of Kimberly-Clark to commercialise the VO+ technology. Our business model is based on supplying VO+ additive masterbatches to film manufacturers.
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Qbic Fund
VC Fund · Belgium, Wisconsin, United States · 3 investments in Belgium Manufacturing startups

The Qbic Fund is a multi-sector fund supporting spin-off companies of the Ghent, Brussels and Antwerp university associations and of VITO. Through its strategic partnership with the universities of Ghent, Brussels and Antwerp, and VITO, the Qbic Fund has early and privileged access to promising research projects at these partner universities. Ourinvestment approach is based on early in-depth and independent review and analysis followed by hands on involvement and support.In May 2012 the Qbic Fund held its first close and currently it has over € 30 million under management. The Qbic Fund is backed by several public and private investors and managed by Qbic Venture Partners.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 50
  • Round size: Seed $1.1M–$7.7M; Series A $868k–$47M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $57M in 2022

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • 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.
  • Morrow Optics — Looking for the next big thing in eyewear technology? Check out Morrow's electrified progressives, also known as autofocals! These innovative glasses switch focus length with a touch of button, providing you with seamless vision from near to far. Learn more about this technology on Morrow's website.
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HCVC
VC Fund · Paris, Ile-de-France, France · 3 investments in Belgium Manufacturing startups

HCVC is an early-stage Venture Capital firm backing hardtech companies worldwide. Beyond its fund, HCVC supports hardtech founders through Hardware Club, a selective global community of 500+ startups with dedicated resources, partnerships and events.

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Investment focus

  • Industry: Software, Artificial Intelligence, Robotics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 91
  • Round size: Seed $920k–$11M; Pre-Seed $1.4M–$5.2M; Series A $5.2M–$30M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Nūmi — Nūmi mission to redefine health through groundbreaking research making the unparalleled benefits of breast milk accessible to all.
  • Fuse Vectors — Fuse Vectors is disrupting the manufacturing process in order to provide universal access to gene therapy.
  • Norbert Health — Norbert Health develops a home medical pod that monitors the health of families using contactless sensors. Their product senses key vital signs including heart rate, breathing rate, and temperature, providing a real-time and historical view of the user's health. It was founded in 2019 and headquartered in Brooklyn, New York.
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Access 48,091 investors

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

Browse database — It's Free!
Eurazeo
VC Fund · Paris, Ile-de-France, France · 3 investments in Belgium Manufacturing startups

Eurazeo is a private equity and venture capital firm that invests in SMEs and manages a diversified portfolio of assets.With its expertise in private equity, real estate, and private debt, the group supports companies of all sizes in their development commitment through the commitment of its 235 professionals. It provides companies with thenecessary investments needed to realize their growth potential.The firm was founded in 1969 and is based in Paris, Ile-de-France, France.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series B, Seed
  • Geography: France, United States, Germany

Investor stats

  • Total investments: 256
  • Round size: Seed $2.7M–$16M; Series B $16M–$120M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Back Market — Back Market is an online marketplace for refurbished electronics. The company brings refurbished electronic devices and appliances to customers in 13 countries (including the United States, France, Germany, the United Kingdom, Italy, Spain, Belgium, Austria, the Netherlands, and more recently, Portugal, Japan, Finland, and Ireland). It employs ateam of 480 employees and counting across its 4 offices located in New York, Berlin, Paris, and Bordeaux.Launched in 2014 by Thibaud Hug de Larauze, Quentin Le Brouster, and Vianney Vaute, Back Market is headquartered in Paris, France.
  • Alt Mobility — ALT Mobility is a full-stack EV leasing platform offering mobility as a service (MaaS) for commercial vehicle users.
  • Descartes Underwriting — Descartes Underwriting is an insurtech company that specializes in climate risk modeling and data-driven risk transfer. It works with corporate brokers to design and underwrite innovative, bespoke, and affordable insurance. The company offers tech-based insurance products covering risks such as flooding, wildfires, droughts, and other large-scaleevents to businesses, across all sectors, including agriculture, hospitality, mining, construction, traditional and renewable energy, entertainment, and retail. The company was founded in 2019 and is headquartered in Puteaux, Ile-de-France, France.
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KBC Focus Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Manufacturing 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: Electronics, Semiconductor, Health Care
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 22
  • Round size: Seed $1.2M–$6.6M; Series A $2.7M–$17M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Novenda Technologies — Groundbreaking multi-material 3D printing solutions for dental applications and beyond.
  • Hummink — Dream Smaller Now : Experience a revolution with Hummink's world's smallest fountain pen. Redefine micro-scale writing with our innovative technology.
  • Ubitium — Ubiquitous computing, universal RISC-V microprocessor
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Meusinvest (Noshaq)
VC Fund · Liège, Liege, Belgium · 3 investments in Belgium Manufacturing 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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The Faktory Fund
VC Fund · Liège, Liege, Belgium · 3 investments in Belgium Manufacturing startups

The Faktory is a hub for business ideas based on any disruptive technology with a high potential in international niche markets: ICT, Health, Environment, Media, Broadcast and more.

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Investment focus

  • Industry: Software, Analytics, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $1.1M–$4.4M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • IVEX — IVEX offers Repeatable and Scalable Testing & Validation Data Analytics solutions for ADAS/AD Vehicles.
  • xyzt.ai — xyzt.ai is a SaaS platform for ANALYTICS, REPORTING and VISUALIZATION of big location data in the Maritime & Ports, Smart City and Logistics industries. EASY & EFFORTLESS
  • MyCellHub — MyCellHub.com is a pre-startup from the KULeuven in the biotherapeutics industry that aspires to reform the way cell production processes are organised. With a regulatory compliant Saas-platform for data management and analytics, we increase the efficiency of your manufacturing processes, provide actionable insights via cell culture specificprocess analytics and facilitate regulatory compliance by means of a real-time audit trail and automated batch records.
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Fidimec
VC Fund · Leuven, Vlaams-Brabant, Belgium · 2 investments in Belgium Manufacturing startups

Fidimec is a Belgium-based venture capital firm that offers investment and incubation services for seed stage startups.

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Investment focus

  • Industry: Industrial, Semiconductor, Medical
  • Stage:Series A, Seed
  • Geography: Belgium

Investor stats

  • Total investments: 6
  • Round size: Series A $2.2M–$7.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • Sentea — Sentea makes fibre optic Sensing affordable to the industry and enables continuous monitoring even in harsh environments.
  • MICLEDI Microdisplays — MICLEDI Microdisplays is an experienced executive in the semiconductor industry,
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invest.bw
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 2 investments in Belgium Manufacturing startups

invest.bw is a venture capital firm.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Farming
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Belgium, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $2.9M–$43M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
  • ARK Capture Solutions — ARK Capture Solutions is a cleantech company that specializes in decarbonization solutions to record low energy consumption.
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WE International
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Manufacturing startups

WE International is a financial firm that provides an array of loans, funding, acquisition, and investment services.

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Investment focus

  • Industry: Energy, Health Care, Solar
  • Stage:Series A, Seed
  • Geography: Belgium, United States, Germany

Investor stats

  • Total investments: 9
  • Round size: Series A $10M–$57M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
  • VolitionRx — Volition is a multi-national life sciences company developing simple, easy to use blood-based cancer tests to accurately diagnose a range of cancers. The tests are based on the science of Nucleosomics, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid which is an indication that disease ispresent.As cancer screening programs become more and more widespread, its products aim to help to diagnose a range of cancers quickly, simply, accurately, and cost-effectively. Early diagnosis has the potential to not only prolong the life of patients but also to improve their quality of life.Volition's research and development activities are currently centered in Belgium, with additional offices in London, Texas, and Singapore, as the company focuses on bringing its diagnostic products to market first in Europe, then in the U.S. and worldwide.
  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
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LRM
VC Fund · Hasselt, Limburg, Belgium · 2 investments in Belgium Manufacturing startups

Oxygen for growth - LRM

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Investment focus

  • Industry: Manufacturing, Drones, Sensor
  • Stage:Seed
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Solithor — Solithor is a company developing solid-state battery technology. It is spearheading the development, manufacturing, and commercialization of solid-state lithium (Li) battery cell technology to offer high-energy storage solutions.
  • MyCellHub — MyCellHub.com is a pre-startup from the KULeuven in the biotherapeutics industry that aspires to reform the way cell production processes are organised. With a regulatory compliant Saas-platform for data management and analytics, we increase the efficiency of your manufacturing processes, provide actionable insights via cell culture specificprocess analytics and facilitate regulatory compliance by means of a real-time audit trail and automated batch records.
  • Aerial Precision — Experience the most streamlined and user-friendly workflow, seamlessly transforming iPad LiDAR data processing into exceptional deliverables.
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Namur Invest
VC Fund · Namur, Namur, Belgium · 2 investments in Belgium Manufacturing startups

Namur Invest Group provides companies with financing solutions in various forms adapted to their needs, to strengthen their financial.

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Investment focus

  • Industry: Health Care, Medical Device, Auctions
  • Stage:Series A, Seed, Grant
  • Geography: Belgium, United States

Investor stats

  • Total investments: 6
  • Round size: Series A $658k–$19M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Invineo — Invineo design and development of a "smart machine" for catering and hospitality professionals.
  • VolitionRx — Volition is a multi-national life sciences company developing simple, easy to use blood-based cancer tests to accurately diagnose a range of cancers. The tests are based on the science of Nucleosomics, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid which is an indication that disease ispresent.As cancer screening programs become more and more widespread, its products aim to help to diagnose a range of cancers quickly, simply, accurately, and cost-effectively. Early diagnosis has the potential to not only prolong the life of patients but also to improve their quality of life.Volition's research and development activities are currently centered in Belgium, with additional offices in London, Texas, and Singapore, as the company focuses on bringing its diagnostic products to market first in Europe, then in the U.S. and worldwide.
  • 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.
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VCT Vector Gestion
VC Fund · Nyon, Vaud, Switzerland · 2 investments in Belgium Manufacturing startups

VCT Vector Gestion is a wealth management company that offers financial services.

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Investment focus

  • Industry: Computer, Electronics, Manufacturing
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Round size: Seed $21M–$43M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
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Greyhound Capital
VC Fund · London, England, United Kingdom · 2 investments in Belgium Manufacturing startups

Global growth equity investment firm focused on technology-enabled businesses improving everyday lives

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Investment focus

  • Industry: Financial Services, FinTech, Banking
  • Stage:Series B, Seed, Series D
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 72
  • Round size: Seed $1M–$24M; Series B $16M–$66M; Series D $80M–$751M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Doss — Tools for teams that work in the real world. Level-up your email and spreadsheet-centric processes with our Adaptive Resource Platform (ARP).
  • Perk (formerly TravelPerk) — TravelPerk offers the freedom travelers want, and the control companies need. Enjoy an industry-leading travel inventory, 24/7 support and easy booking.
  • Coalition — Coalition combines comprehensive cyber insurance coverage and security services to help businesses prevent digital risk before it strikes.
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Noshaq
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Manufacturing startups

The province's economic redistribution and development are facilitated by the Noshaq group.

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Investment focus

  • Industry: Manufacturing, Battery, Computer
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $7M–$43M; Pre-Seed $1M–$2.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
  • Signatur Biosciences — Signatur Biosciences is bringing molecular diagnostics to a whole new level. Founded in 2022.
  • Standing Ovation — Animal-free dairy cheese
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The CoFoundry
VC Fund · Antwerp, Antwerpen, Belgium · 2 investments in Belgium Manufacturing startups

The CoFoundry helps entrepreneurs transform their ideas into sustainable companies. Some say we cut through the funding hype and work hard to give your business a sustainable future.

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Investment focus

  • Industry: Software, SaaS, Security
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 14
  • Round size: Series A $878k–$3.9M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • MyCellHub — MyCellHub.com is a pre-startup from the KULeuven in the biotherapeutics industry that aspires to reform the way cell production processes are organised. With a regulatory compliant Saas-platform for data management and analytics, we increase the efficiency of your manufacturing processes, provide actionable insights via cell culture specificprocess analytics and facilitate regulatory compliance by means of a real-time audit trail and automated batch records.
  • Vaultspeed — Save your teams months of headache with a no-code approach to automate your multi-source data integration, Data Vault modeling & ETL/DDL code generation.
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QBIC II
VC Fund · 2 investments in Belgium Manufacturing startups

QBIC II

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Investment focus

  • Industry: Industrial, Construction, Biotechnology
  • Stage:Series B, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 7
  • Round size: Series B $20M–$42M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • Laminaria — The LAMWEC project is made up of a consortium of ocean energy experts. The consortium is led by Laminaria, and includes EMEC, Innosea, Ghent University, and TTI Testing.
  • EyeD Pharma — We are EyeD Pharma, a clinical stage pharmaceutical company dedicated to improve the life of patients suffering from ophthalmic diseases.
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XAnge
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Manufacturing startups

XAnge is a Franco-German team of venture capital investors that manages €450 million and invests in digital, deeptech, and impact startups.It is the innovation brand of the Siparex group, a major player in French private equity. XAnge is a key European investor in early-stage startups and is looking for game-changing startups and entrepreneurswho rock the code[s].The Paris, Ile-de-France-located company was founded in 2004.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: France, Germany, Belgium

Investor stats

  • Total investments: 210
  • Round size: Seed $1.1M–$8M; Series A $3M–$22M; Series B $6M–$60M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $234M in 2021

Portfolio highlights

  • Tomorro — Leeway helps you reduce the time spent on contract management and gives you more control and visibility over legal and financial risks.
  • Request Finance — A suite of financial tools to make your life easier - crypto organizations & freelancers use Request for invoices, expenses, payroll or accounting.
  • POLLEN Metrology — The revolution of artificial intelligence for high performance materials. Accelerate the time to yield of new materials and processes.
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SmartFin
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Manufacturing startups

Venture capital fund focussing on European B2B technology companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Turkey

Investor stats

  • Total investments: 50
  • Round size: Series A $3.2M–$12M; Series B $3M–$30M
  • Lead/follow: 44% lead, 56% 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.
  • CrazyGames — Play free online games at CrazyGames, the best place to play high-quality browser games. We add new games every day. Have fun!
  • Recharge — The leading one-stop-shop for all branded payment needs.
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Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 2 investments in Belgium Manufacturing 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: 162
  • 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

  • Mediar Therapeutics — Mediar Therapeutics is a preclinical stage biotechnology company developing antibody-based therapeutics to halt fibrosis in a variety of organ systems, including lung, liver, kidney, and skin.
  • 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.
  • ImmunOs Therapeutics — ImmunOs Therapeutics AG is a clinical-stage biotechnology company focused on discovering and developing next generation and novel human immunomodulatory proteins with a role in both innate and adaptive immunity.Their mission is to develop the next generation of novel therapeutics that will improve the lives of patients with serious disease.
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imec.istart Future Fund
VC Fund · Antwerp, Antwerpen, Belgium · 2 investments in Belgium Manufacturing startups

Early-stage venture capital fund focused on alumni of the imec.istart accelerator and exceptional tech founders building in Applied AI, Spacetech, Healthtech, and Deep Tech. Based in Antwerp, Belgium.

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Investment focus

  • Industry: Satellite Communication, Software, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Belgium, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $1.3M–$5.7M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • 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.
  • Veoware — More coverage, shorter revisit time. Increasing target collection frequency through modular next-gen actuator technology.
  • Minze Health — Digital Urology Starts Here from symptom to solution Home-based digital diagnostics and therapeutics for Male LUTS/BPH and OAB. Shaping the future of urology through meaningful data. Get In Touch Our Mission We're redefining how Male LUTS/BPH and OAB are diagnosed and treated Today's Challenge Lower urinary tract symptoms (LUTS) affect a growing group of patients.
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Index Ventures
VC Fund · San Francisco, California, United States · 2 investments in Belgium Manufacturing startups

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 1060
  • Round size: Seed $1.3M–$12M; Series A $5M–$35M; Series B $10M–$100M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $117M in 2015

Portfolio highlights

  • Ready — Join over 2 million Argent users and get the best of Ethereum at a fraction of the cost. Easily buy, earn, stake and invest in crypto on Starknet.
  • BIT ODD — Gaming company building games filled with wonder, weirdness and delight
  • Personio — Personio is the Intelligent HR platform for companies from 10-5,000 employees, powering over 1 million people worldwide. Book your free demo today.
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Buysse & Partners
VC Fund · Antwerpen, Antwerpen, Belgium · 2 investments in Belgium Manufacturing startups

Buysse and Partners is a private equity investment group based in Antwerpen that offers smart equity, a growth fund, and partnerships.

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Investment focus

  • Industry: Software, Cloud Computing, FinTech
  • Stage:Series A, Seed
  • Geography: Belgium, United Kingdom, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Seed $1.1M–$2M; Series A $3.9M–$11M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $23M in 2012

Portfolio highlights

  • Twikit — Deliver unforgettable customer experiences with real time 3D product configurators, linked to your existing order and manufacturing flows.
  • Bluebee — Delivering a streamlined way for users to analyze, explore, and manage large-scale genomics data in the cloud.
  • moonbird — Slow breathing is the easiest way to relieve stress and promote relaxation. Moonbird and moonbuddy make it intuitive and easy to practice slow breathing exercises.
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FPIM
VC Fund · Boca Raton, Florida, United States · 1 investments in Belgium Manufacturing startups

FPIM aims to separate the chaff from the wheat, to clarify the difference between utilization of nutritional supplements and the apocryphal.

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Investment focus

  • Industry: Manufacturing, Battery, Industrial
  • Stage:Seed, Series B
  • Geography: Belgium

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Calyos — Calyos is one of the world's leading experts in two-phase heat transfer technologies.
  • reMYND — Driving the development of disease-modifying treatments
  • Solithor — Solithor is a company developing solid-state battery technology. It is spearheading the development, manufacturing, and commercialization of solid-state lithium (Li) battery cell technology to offer high-energy storage solutions.
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AA Sons
VC Fund · London, England, United Kingdom · 1 investments in Belgium Manufacturing startups

Bengkulutoto hadir sebagai solusi ideal bagi para pencinta angka jitu. Dengan predikat sebagai bandar togel online terlengkap, situs ini menawarkan keunggulan berupa proses deposit super cepat, serta sistem bermain yang adil dan transparan.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A
  • Geography: France, United States, Israel

Investor stats

  • Total investments: 104
  • Lead/follow: no public data

Portfolio highlights

  • HUG — Join our global creative community to showcase & sell your art, connect with others, and access creator-friendly grants and education.
  • Kate — Kate redefines everyday mobility by offering electric vehicles made in France.
  • Multiwave Technologies — More than 2/3 of humanity has no access to medical imaging Our mission is to make MRI available globally, through our ultra-low field mobile device.
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Fundracer Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Manufacturing startups

Fundracer Capital Fundracer is a closed venture capital fund that invests in pre-seed to series. Revolutionary start-ups and scale-ups in the mobility sector, with a strong emphasis on cycling technology.

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Investment focus

  • Industry: Manufacturing, Electric Vehicle
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Specter — Specter ontwikkelt en bouwt hoogtechnologische mobiliteit producten met een strak design.
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Rockley Group
VC Fund · Oxford, Oxfordshire, United Kingdom · 1 investments in Belgium Manufacturing startups

Our motivation is to build valuable companies that contribute to global sustainability and the improvement of human well-being.

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Investment focus

  • Industry: Medical, Electronics, Health Care
  • Stage:Seed
  • Geography: United States, United Kingdom

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • BelGaN — BelGaN is a manufacturer of semiconductors for the automotive, industrial, and medical sectors.
  • Rockley Photonics — Rockley is developing a comprehensive range of photonic integrated circuits and associated modules, sensors, and full-stack solutions. From next-generation sensing platforms specifically designed for mobile health monitoring and machine vision to high-speed, high-volume solutions for data communications, Rockley is laying the foundation for a newgeneration of applications across multiple industries. Rockley believes that photonics will eventually become as pervasive as micro-electronics, and it has developed a platform with the power and flexibility needed to address both mass markets and a wide variety of vertical applications.
  • CHAIN Biotechnology — CHAIN Biotechnology is a microbiome therapeutics company with a novel drug development platform targeting chronic gut-related diseases. CHAIN is developing several therapeutic compounds targeted to the gut microbiome in the large intestine that can be delivered by our CADD technology.
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Spri
VC Fund · Bilbao, Pais Vasco, Spain · 1 investments in Belgium Manufacturing startups

SPRI is a basque business development agency.

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Investment focus

  • Industry: Real Time, Automotive, Clean Energy
  • Stage:Seed
  • Geography: Spain

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Emica Solar — Emica Solar is a company which develops the floating solar energy.
  • Safeloc Systems — Safeloc Systems is a developer of a real-time location system solution (RTLS) to provide ultra-wideband (UWB) technology services.
  • Cocoon Bioscience — Cocoon Bioscience helps catalyze the expansion of bottlenecked industries like cultivated meat by manufacturing performance and growth factors and specialized enzymes for individual protein, nutrition, and healthcare applications.
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Seed Capital Bizkaia
VC Fund · Bilbao, Pais Vasco, Spain · 1 investments in Belgium Manufacturing startups

Seed Capital de Bizkaia is a Regional Council company affiliated to Biscay Regional Council's Department of Economic Development and Innovation (Departamento de Innovación y Promoción Económica de la Diputación Foral de Bizkaia) whose aim is to manage a Venture Capital Fund called “Seed Capital Bizkaia, F.C.R.“.

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Investment focus

  • Industry: Software, Biotechnology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Spain, Mexico, Belgium

Investor stats

  • Total investments: 32
  • Lead/follow: no public data

Portfolio highlights

  • coometes — coometes offer social institutions a comprehensive solution for managing food aid and basic necessities for vulnerable persons.
  • Begas Motor — Begas has designed and manufactures the first engine for industrial vehicles powered 100% by LPG (Liquefied Petroleum Gas or AUTOGAS). Ability to remotorize vehicles and make them ecological with Euro VI certificate.
  • Emica Solar — Emica Solar is a company which develops the floating solar energy.
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Exor Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Manufacturing startups, 26 in the past 12 months

Exor Ventures is the venture capital arm of Exor, one of Europe's largest diversified holding companies. Exor Ventures focuses on early and growth-stage investments in technology-driven companies across various sectors, including digital services, fintech, cybersecurity, and mobility. Exor Ventures leverages its strategic insights and globalnetwork to identify promising startups with disruptive potential and supports them through funding, mentorship, and access to its extensive resources. EXOR Seeds offers a truly different type of partnership to the select group of entrepreneurs that it backs:- As a fifth-generation family-led business, we proved that we are builders not traders;- Our permanent capital allows us to take a long-term view and put the interest of the companies We invest in first;- Our global network, across industries and geographies, is a unique advantage to entrepreneurs

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Italy, France

Investor stats

  • Total investments: 105
  • Lead/follow: no public data

Portfolio highlights

  • N5 Now — N5 has developed the way out of your complex legacy systems and into the fintech digital world, without having to change your core technology. Contact Us!
  • Focoos AI — Focoos reshapes computer vision with ultra-efficient models that drive down costs, automate hardware integration, and ensure peak performance on any device, while promoting sustainability.
  • Byzantine Finance — Stake assets, secure other services, and earn more. Restake now with Byzantine Finance to become part of DeFi's next generation. Building the most secure and profitable future for staking.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 1 investments in Belgium Manufacturing startups

Korys is the name chosen by the Colruyt family for their investment structure. The name Korys is derived from the Latin word for hazelnut tree – Corylus - which is at the origin of the Colruyt name.Their multi-disciplinary approach enables us to create a well-balanced, diversified portfolio of listed stocks and bonds, private equity funds, anddirect participations in small and medium-sized companies. Through their investments, they aim to make a positive impact on people and the planet, while generating attractive returns. A “three P” approach (People, Planet, Profit) forms the cornerstone of their investment strategy. They invest for the long term, as they realize that it takes time to achieve the sustainable impact they are aiming for. They focus their investments in sectors in which they have built substantial expertise as a team: Cleantech, consumer goods & retail and life sciences.

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Investment focus

  • Industry: Biotechnology, Information Technology, Renewable Energy
  • Stage:Series A, Series B
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 41
  • Lead/follow: no public data

Portfolio highlights

  • Greenely — Greenely is the electricity company that optimizes your electricity use using smart technology in an app. We help you take control of your consumption.
  • OroraTech — From safeguarding forests and ecosystems to protecting communities and critical assets, OroraTech's advanced technology and reliable insights address challenges, mitigate risks, and drive meaningful impact.
  • PanTera — PanTera wants to bring a new hope to cancer patients by enabling the widespread use of radiopharmaceuticals for personalised treatment of tumors
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SHIGERU AG
VC Fund · Ginza, Tokyo, Japan · 1 investments in Belgium Manufacturing startups

SHIGERU AG is a technology company that leverages technological innovation to enable a new way of life.

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Investment focus

  • Industry: Natural Language Processing, Virtual Reality, Blockchain
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Japan, Belgium

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • DR. PECKER INC. — DR. PECKER is AI & generative AI driven, smart clinics & health tech software solutions, platform and services provider. The industries the company tackles are augmented & immersive user experience in smart clinics & heath tech, medical research, humanity with Meta Verse & Multi Verse extensions.
  • RAI — RAI is a mixed reality, generative AI, metaverse, and multiverse software solutions, platforms, and services provider. The industries the company tackles are augmented workspaces, heath tech, media and streaming, humanity, XR/MR + AI, and Meta Verse
  • Thunderbirds — Fintech | XR/MR + AI | Metaverse & Multiverse
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Mudcake
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Belgium Manufacturing 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, Agriculture, Animal Feed
  • Stage:Seed
  • Geography: Sweden

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Koppie — Saving your daily (coffee) ritual, with local, sustainable solutions.
  • Messium — Messium's technology makes use of proprietary machine learning models and hyperspectral satellite constellations.
  • hexafarms — This is meta description
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Nucleus Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Belgium Manufacturing startups

Supporting purpose-driven founders solving systemic challenges to planetary health.

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Investment focus

  • Industry: Biotechnology, Food and Beverage, Manufacturing
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 38
  • Lead/follow: no public data

Portfolio highlights

  • Koppie — Saving your daily (coffee) ritual, with local, sustainable solutions.
  • Endolith — Endolith is a biotech company transforming sustainable mining by leveraging microbes, synthetic biology, and cloud computing to extract more critical minerals like copper from low-grade ores. Working with the many of the leading mining companies, Endolith is advancing its innovative technology to commercial scale. Recognized as a finalist in theBHP Unearthed BioMetals cohort and a member of the Alaska Critical Minerals Collaborative, Endolith is driving the future of mining with sustainable, efficient, and responsible solutions for the clean energy transition.
  • ScienceMachine — Revolutionize your scientific research with AI-powered data analysis. ScienceMachine makes your work 100 times faster and more efficient | Science Machine Inc.
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Elaia
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Manufacturing startups

Elaia is French venture capital firm focused on European digital and deep tech startups, from early stage to growth developpement. We back tech disruptors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: France, United States, Spain

Investor stats

  • Total investments: 196
  • Lead/follow: no public data

Portfolio highlights

  • Pili — PiLi biofabricates a sustainable alternative to create renewable inks to replace their toxic, non-biological, and non-recyclable versions.Pili was born from the reunion of a biologist, a designer, and a financial analyst at the biohacker space La Paillasse in Paris and with the creation of the first pen fed by bacteria. Its team is nowdedicated to providing the colors from micro-organisms to offer a sustainable alternative to fossil resources.
  • Djust — DJUST is the dedicated solution that helps companies launch their B2B eCommerce and eProcurement platforms faster
  • SeqOne Genomics — Healthcare is undergoing a revolution, known as genomic medicine, that uses the patient’s genomic information to optimise treatment. This trend is accelerating thanks to the arrival of New Generation Sequencing (NGS) techniques that have reduced the cost of decoding genomic material while increasing the amount useful data obtained. However, NGShas had only limited impact on mainstream healthcare due to the difficulties in analyzing more and richer genomic data. SeqOne’s mission is to provide tools that enable the healthcare industry to analyse NGS genomic data better and more cost-effectively to provide universal access to genomic medicine.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Manufacturing 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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Nuoyan Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Belgium Manufacturing startups

Nuoyan Capital is a premier industrial investment institution specializing in optoelectronic displays, smart cars, compound semiconductors, and new energy.

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Investment focus

  • Industry: Manufacturing, Semiconductor, Electronics
  • Stage:Seed, Series A
  • Geography: China, Belgium

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • Presheng — Presheng New Materials is a high-end semiconductor polishing solution provider. The company has extensive technical knowledge of high-end abrasives. Prisheng focuses on the research and development of high-end alumina polishing fluids, polishing abrasives, and other goods. Provider of cost-effective local solutions for third-generation compoundsemiconductor polishing.
  • GaN Valley — GaN Valley is an industrial manufacturer of semiconductor equipment and devices.
  • ChangXin Memory Technologies — ChangXin Memory Technologies specializes in manufacturing dynamic random-access memory (DRAM) semiconductor products.
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Welvaartsfonds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Manufacturing startups

Het Welvaartsfonds is een initiatief van de Vlaamse Overheid om een antwoord te bieden op de impact van de coronacrisis op de Vlaamse bedrijven.

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Investment focus

  • Industry: Logistics, Manufacturing, Industrial Automation
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Peripass — Yard Management Software for the future. Automated truck dispatching, multilanguage self-registration of drivers, real-time insights.
  • Monarch Tractor — Monarch Tractor offers a tractor platform that combines mechanization, automation, and data analysis to enhance farmer’s existing operations, alleviate labor shortages, and maximize yields.The company is dedicated to eliminating diesel fuel and replaces harmful chemicals with mechanical solutions, so its tractor impacts the environment exactly asintended, without side effects. Its platform utilizes hardware and machine learning to identify and eliminates plant ailments and estimate yields.
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Saffelberg Investments
VC Fund · Gooik, Vlaams-Brabant, Belgium · 1 investments in Belgium Manufacturing startups

Saffelberg Investments is an independent investment company with a 250 million EUR capital base. We focus on long term investments by taking both majority stakes and substantial minorities in fast-growing ventures through risk-bearing capital.

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Investment focus

  • Industry: Software, Fashion, E-Commerce
  • Stage:Series A, Seed
  • Geography: Belgium

Investor stats

  • Total investments: 7
  • Round size: Series A $2.7M–$4.4M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • BRIKL — Brikl is the world's leading e-Commerce MicroStore technology. Build team stores, club shops, and custom products using our 3D configurator.
  • Radian Arc — Radian Arc is a content delivery network (CDN) that sets up broadband services around the world to make it easier to send video or gaming data to consumers.
  • Tangent Works — Create predictive models in seconds for faster and better forecasting & anomaly detection with TIM InstantML.
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Lune Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Manufacturing startups

Lune Ventures is a investment firm that helps tech, energy, and real estate to grow businesess.

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Investment focus

  • Industry: CleanTech, Manufacturing, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • ARK Capture Solutions — ARK Capture Solutions is a cleantech company that specializes in decarbonization solutions to record low energy consumption.
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Aperam Ventures
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Belgium Manufacturing startups

Aperam Ventures, a subsidiary of the steel company Aperam Group

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Investment focus

  • Industry: CleanTech, Manufacturing, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • ARK Capture Solutions — ARK Capture Solutions is a cleantech company that specializes in decarbonization solutions to record low energy consumption.
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Group Van Overstraeten
VC Fund · Berchem, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Manufacturing startups

Group Van Overstraeten is a family-owned business and nvest in prime fitness.

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Investment focus

  • Industry: Logistics, Manufacturing, Industrial Automation
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Peripass — Yard Management Software for the future. Automated truck dispatching, multilanguage self-registration of drivers, real-time insights.
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Industrya
VC Fund · Seraing, Liege, Belgium · 1 investments in Belgium Manufacturing startups

We are a hands-on investment fund that operates exclusively in the Industry 4.0, energy and new materials sectors. Industrya is an initiative of the John Cockerill industrial group, which joins together the investment funds of SFPI-FPIM, SRIW-WING, NOSHAQ and LRM.

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Investment focus

  • Industry: Industrial, B2B, SaaS
  • Stage:Seed, Series A
  • Geography: France, Belgium

Investor stats

  • Total investments: 11
  • Round size: Seed $1.1M–$4.4M; Series A $3.3M–$6.7M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • Qviro — Your go-to source for the latest robotics news, expert insights & product comparisons on AI humanoids & industrial automation. Stay ahead on Qviro.com.
  • kheoos — kheoos is the community platform for the reuse of industrial maintenance spare parts.
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Manufacturing VC funding in Belgium at a glance

Stats across 116 deals from 166 investors.

166
investors
in Belgium Manufacturing startups
116
deals
in Belgium Manufacturing startups
$5.9M
median round
in Belgium Manufacturing startups
37%
lead investors
lead at least one round
24%
Seed
most common funding stage

Access all 166 VC funds in Belgium Manufacturing startups.

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