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Top 50 Marketplace Startup Investors in Belgium (July 2026)

The most active venture capital funds and angel investors investing in Belgium Marketplace startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Marketplace startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
PMV
VC Fund
11 Belgium, United States, The Netherlands Series A, Seed Software, Biotechnology, Health Care $549k–$40M
Toon Coppens
Angel
7 Belgium, United States Seed, Pre-Seed, Angel SaaS, Software, Sales Automation $384k–$2.2M
Lorenz Bogaert
Angel
7 Belgium, United Kingdom, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $120k–$5.7M
Inventures SA
VC Fund
6 Belgium, France, United Kingdom Series A, Seed Health Care, Biotechnology, Manufacturing $82k–$13M
Limburgse Reconversie Maatschappij
VC Fund
6 Belgium, United States, The Netherlands Seed, Series A Information Technology, Software, Biotechnology $494k–$11M
E-Merge
VC Fund
3 United States, Belgium, Spain Seed, Series A Software, SaaS, E-Commerce $213k–$25M
Angelwise
VC Fund
3 Belgium, The Netherlands Seed, Pre-Seed Software, SaaS, Information Technology $873k–$2.9M
Spreds
VC Fund
3 Belgium, France Series A, Seed, Series B Information Technology, E-Commerce, Health Care $165k–$2.5M
Saffelberg Investments
VC Fund
3 Belgium, Australia Series A, Seed Software, Information Technology, IaaS $2.7M–$4.4M
Qbic Fund
VC Fund
3 Belgium, The Netherlands Seed, Series A Biotechnology, Software, Health Care $868k–$28M
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
HTGF (High-Tech Gruenderfonds)
VC Fund
2 Germany, Switzerland, United States Seed, Series A Software, Biotechnology, Information Technology $1.1M–$33M
Jonas Deprez
Angel
2 Belgium, United States Seed, Convertible Note Artificial Intelligence, SaaS, Software $878k–$2.2M
Jonas Dhaenens
Angel
2 Belgium, Denmark Seed, Angel, Pre-Seed Software, SaaS, Finance $277k–$2.7M
S.R.I.W.
VC Fund
2 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $411k–$75M
ING Group
VC Fund
2 United Kingdom, United States, The Netherlands Debt Financing, Post-IPO Debt Energy, Renewable Energy, Financial Services $75M–$4.4B
Akiles
VC Fund
2 Belgium, France, Luxembourg Private Equity, Series A Health Care, Software, Wellness $1.6M–$4.9M
Terra Drone
VC Fund
2 Belgium, Ukraine, United States Corporate Round, Series A, Series B Robotics, Drones, Aerospace
Namur Invest
VC Fund
2 Belgium, United States Series A, Seed Health Care, Medical Device, Auctions $658k–$18M
New Science Ventures
VC Fund
2 United States, United Kingdom, Belgium Series B, Series A, Series D Biotechnology, Health Care, Medical $4M–$52M
Tioga Capital Partners
VC Fund
2 United States, France, Belgium Seed, Series A Blockchain, Cryptocurrency, Financial Services $2M–$23M
Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund
2 Belgium, Israel, Germany Grant, Pre-Seed, Seed Biotechnology, Health Care, Software $160k–$3.2M
Internet Attitude
VC Fund
2 Belgium Seed, Series A Auctions, E-Commerce, Financial Services
Seeder Fund
VC Fund
2 Belgium, Luxembourg, France Seed, Pre-Seed, Series A Software, Information Technology, SaaS $219k–$8M
Fortino Capital
VC Fund
2 Belgium, The Netherlands, Germany Series A, Seed Software, Information Technology, SaaS $2M–$17M
Korys
VC Fund
2 Belgium, The Netherlands, Germany Series B, Series A Biotechnology, Renewable Energy, Information Technology $3.9M–$50M
Solidity Ventures
VC Fund
2 Singapore, Cayman Islands, India Seed, Initial Coin Offering Blockchain, Cryptocurrency, Financial Services $2M–$15M
Wim Derkinderen
Angel
2 Belgium, United Kingdom, Spain Seed, Pre-Seed, Angel Software, SaaS, Information Technology $130k–$3M
Meusinvest (Noshaq)
VC Fund
2 Belgium, France, Germany Series A, Seed Biotechnology, Health Care, Medical $137k–$16M
Buysse & Partners
VC Fund
2 Belgium, United Kingdom, The Netherlands Series A, Seed Software, Cloud Computing, FinTech $1.1M–$11M
Microtraction
VC Fund
2 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.3M
The Craftory
VC Fund
1 United States, United Kingdom, Chile Series A, Series B Health Care, Consumer Goods, Retail
Galactic Beacon Ventures
VC Fund
1 Belgium Seed Drones, Transportation, Supply Chain Management
Grégory Hédo
Angel
1 Belgium, United States Series A Internet, Shopping, E-Commerce
Ginion Group
VC Fund
1 Belgium Series A Rental, Car Sharing
David Majert
Angel
1 Belgium Seed Gaming, FinTech, Blockchain
WING by Digital Wallonia
VC Fund
1 Belgium Seed, Convertible Note, Series A Software, Health Care, SaaS $219k–$11M
NXT Investment Club
VC Fund
1 Belgium Seed Drones, Transportation, Supply Chain Management
Valckenier
VC Fund
1 Belgium Series A Rental, Car Sharing
Eutopia VC
VC Fund
1 France, Belgium, Denmark Seed, Series A Retail, E-Commerce, Food and Beverage
AFI Ventures
VC Fund
1 France, Belgium, Germany Seed, Pre-Seed, Series A Environmental Consulting, GreenTech, Health Care
TCD Capital (ex TheClubDeal)
VC Fund
1 Belgium, France Series A, Series B, Seed Health Care, Biotechnology, Information Technology
Pitchdrive
VC Fund
1 Belgium, United Kingdom, Spain Pre-Seed, Seed, Series A Software, SaaS, Artificial Intelligence
ABN AMRO Fund
VC Fund
1 United States, The Netherlands, United Kingdom Series B, Debt Financing Biotechnology, Health Care, Software
KPN Ventures
VC Fund
1 The Netherlands, Belgium, Germany Series A, Series B, Seed Software, SaaS, Information Technology
D'Ieteren
VC Fund
1 Belgium, Germany Seed, Series A Apps, Rental, Sensor
Vendis Capital
VC Fund
1 The Netherlands, Belgium, France Private Equity Retail, E-Commerce, Manufacturing
Boris Bogaert
Angel
1 Belgium, United Kingdom, United States Seed, Pre-Seed Software, FinTech, SaaS
Gimv
VC Fund
1 Belgium, United States, France Series B, Series A Biotechnology, Health Care, Medical $3.3M–$79M
Newion
VC Fund
1 The Netherlands, Belgium, Germany Series A, Seed Software, SaaS, Information Technology $1.1M–$10M
Access all 192 investors in Belgium Marketplace startups.

Access 48,091 investors

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

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Investor list

PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 11 investments in Belgium Marketplace 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: 152
  • Round size: Seed $549k–$4.3M; Series A $2.7M–$40M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Animab — Animal Health Company
  • Sentea — Sentea makes fibre optic Sensing affordable to the industry and enables continuous monitoring even in harsh environments.
  • CHILI publish — Allow users to edit customizable documents, or fully automate artwork generation. Output files are ready to use for print and digital.
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Toon Coppens
Angel · Gent, Oost-Vlaanderen, Belgium · 7 investments in Belgium Marketplace startups

Toon Coppens (Belgium, 1981), graduated as a Master of Science in Informatics at the University of Ghent.In june 2000, during his first year at university, he successfully launched the first Belgian social networking site, which later became Redbox.be.He is the co-founder of Massive Media, the social media company behind the successfuldigital brands Netlog.com and Twoo.com. Massive Media enables members to meet nearby people instantly. Today, Over 80 million people have joined our sites on web and mobile.Toon lives in Ghent (Belgium) and London (UK), loves snowboarding and used to deejay and play volleyball a lot.>> Toon's personal Netlog (dutch)>> Twoo.com (dutch)

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Investment focus

  • Industry: SaaS, Software, Sales Automation
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Belgium, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $384k–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qollabi — Make partner and account plans work with Qollabi BRM (Business Relationship Management) for professionals managing indirect sales channels like agents, branches, distributors, dealers, brokers, resellers etc.
  • Bizzy — Bizzy is the B2B intelligence platform helping you discover, qualify and engage with companies, smarter than ever.
  • Accurat — Accurat provides real-word shopper insights to support retail decision making with unprecedented accuracy. Our proprietary technology, platform and algorithms understand behaviour in high detail.
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Lorenz Bogaert
Angel · Gent, Oost-Vlaanderen, Belgium · 7 investments in Belgium Marketplace startups, 9 in the past 12 months

Lorenz is co-founder and CEO Ghent-based start-up studio StarApps. He also co-founded early stage investment fund Pitchdrive. He previously created Netlog, Twoo (exit to Tinder), Realo (exit to Axel Springer), Delta (exit to eToro) and Rydoo (exit to Sodexo).

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Investment focus

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

Investor stats

  • Total investments: 63
  • Round size: Seed $445k–$4.2M; Pre-Seed $120k–$1.7M; Series A $3.8M–$5.7M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Feedelity — Feedelity is a software that centralizes customer feedback from various sources (complaint mail, social media inboxes, Google reviews, restaurant delivery platforms etc.), automates customer interaction and makes valuable insights and trends visible using artificial intelligence. The result is an increased customer satisfaction, e-reputation andteam efficiency.
  • Maurice & Nora
  • Aikido Security — Easily discover and track all your security issues in one place with Aikido's all-in-one AppSec product.
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Inventures SA
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 6 investments in Belgium Marketplace startups

Inventures is a European venture capital fund that builds a better world through a portfolio of investments in sustainable businesses.The firm has two funds: Inventures I & Inventures II.Inventures was created to support early stage smart and innovative European businesses, to support sustainable job growth and empower entrepreneurs.Inventures empowers citizenship co-investments through a crowdfunding platform, MyMicroInvest.

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Investment focus

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

Investor stats

  • Total investments: 46
  • Round size: Seed $82k–$2.2M; Series A $411k–$13M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • BiOceanOr — BiOceanOr harnessed the power of Marine Biology and AI to deliver bio-guided services that optimize fish welfare and fish growth, while supporting aquaculture sustainability standards
  • myskillcamp — Myskillcamp is a digital learning platform and educational design support service. Myskillcamp supports their customers in the digital transformation of their company and the launch of their Digital Learning project. From the audit of needs to the design of engaging educational devices, through a pilot phase, they make a point of honor to adapt thedigital to the specificities of each and give it meaning.With their online platform, businesses can manage their learner communities and connect all their partners in one place. Their tool also allows businesses to structure training spaces by skills, trades, brands within camps. In parallel, businesses can create educational content from scratch, select a map in their marketplace, or plan sessions in-class. Businesses can organize the distribution of their training to a single learner or to a whole group.
  • Octave — A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.
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Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 6 investments in Belgium Marketplace 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: 91
  • Round size: Seed $494k–$5.2M; Series A $1.6M–$11M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Monsana — Monsana offers an AI-powered platform that connects eligible participants to relevant clinical trials throughout Europe.
  • 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.
  • Aidoptation — Aidoptation develops autonomous driving technology for dual-use applications in commercial automotive, police and first-responder vehicles, and defence-relevant environments.
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E-Merge
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Marketplace startups

Find out if E-Merge is the right fit for your future career! Explore jobs, salary, equity, and funding information. Read about work-life balance, perks, benefits, and the company culture!

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A
  • Geography: United States, Belgium, Spain

Investor stats

  • Total investments: 69
  • Round size: Seed $213k–$3.5M; Series A $700k–$25M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — raised $267k in 2019

Portfolio highlights

  • Invopop — Issue compliant invoices, globally
  • Work Today — Create one profile. Apply to thousands of jobs in minutes.
  • Anagram — Anagram is making vision care more affordable and accessible for providers and consumers. Thousands of eye care practices use Anagram to operate independently, process out-of-network benefits, and deliver better pricing on eyewear for their patients.
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Angelwise
VC Fund · Hasselt, Limburg, Belgium · 3 investments in Belgium Marketplace startups

Angelwise Vlaams Investeringsfonds

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 17
  • Round size: Seed $873k–$2.9M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Adomate — Adomate is an AI powered advertising platform that helps marketing teams create social media ads at scale. The platform seamlessly combines performance data, competitor analysis, and consumer behavior insights to generate data-backed creative concepts more efficiently.
  • Azumuta — Unite Connected Worker and MES capabilities to build the execution platform that coordinates, governs, and continuously improves operational work on the shop floor, across humans, AI agents, and robotic systems
  • Powerhouse — Powerhouse is your all-in-one solution for turning complex property operations into streamlined, automated workflows. Built on Salesforce for seamless integrations and powerful insights.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Marketplace 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: Information Technology, E-Commerce, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France

Investor stats

  • Total investments: 15
  • Round size: Seed $165k–$1.3M; Series A $247k–$2.5M; Series B $165k–$680k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Jelloow — Jelloow is a data-driven platform designed to help businesses clearly identify their true marketing needs. Instead of relying on assumptions or generic solutions, we analyze key data points to provide precise, tailored insights. Our approach eliminates guesswork, ensuring that companies invest in the right marketing strategies to achieve theirgoals. With Jelloow, businesses can confidently navigate their marketing landscape, knowing they’re making decisions backed by real data.The Jelloow process: 1. Plan, Scope and Post your project 2. Get pitches from Marketing Agencies 3. Select your team and start your project. Simple as it can be. Our Jelloow Leads are marketing experts, and will provide best practices so you can see results, ASAP. Get started with a (free!) planning call Let’s chat!
  • 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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Saffelberg Investments
VC Fund · Gooik, Vlaams-Brabant, Belgium · 3 investments in Belgium Marketplace 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, Information Technology, IaaS
  • Stage:Series A, Seed
  • Geography: Belgium, Australia

Investor stats

  • Total investments: 9
  • Round size: Series A $2.7M–$4.4M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Deminor Litigation Funding — Founded in 1990, Deminor is a leading privately-owned and international litigation funder with offices in Brussels, London, Hamburg, New York, Hong Kong, Madrid, Milan, and Luxembourg. Deminor’s name, derived from the French ‘défense des minoritaires’, reflects its origins in providing services to minority shareholders. Deminor is still very muchdefined by the pursuit of good causes and its determination to restore justice for clients.Combining skill sets from 16 different nationalities and 14 languages, Deminor has funded cases in 18 jurisdictions including the Americas, the Middle East and offshore centres such as the Cayman Islands and Bermuda. With specialists in arbitration, intellectual property, competition, corporate & post-M&A, investments, enforcement, and tax litigation, Deminor has achieved positive recoveries for clients in more than 81% of the cases it has funded, against an industry average of 70%.In addition to funding one-to-one commercial claims, Deminor originates, syndicates and funds group actions. In 2018, Deminor was instrumental in reaching the largest ever settlement in Europe (EUR 1.3 bn in the Fortis case). Equally, the company does not shy away from being a first-mover in jurisdictions where funding has not been tested. It was the first funder to support collective actions in Italy and reached a landmark settlement in the Olympus securities action in Japan (2017).Deminor is immensely proud of its diverse client base, which includes some of the world’s most innovative and entrepreneurial companies, in addition to globe’s leading public and private pension funds, asset managers, sovereign wealth funds. Out of the ten biggest investors worldwide, four are recurring clients of Deminor.
  • Iristick — Iristick smart glasses are the most balanced and lightweight on the market. A phone-tethered, comfortable hands-free solution for the deskless workforce.
  • 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.
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Qbic Fund
VC Fund · Belgium, Wisconsin, United States · 3 investments in Belgium Marketplace 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: 57
  • Round size: Seed $1.3M–$7.7M; Series A $868k–$28M
  • 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.
  • Blue Foot Membranes — Blue Foot Membranes delivers unbreakable MBR membranes for wastewater treatment. Reliable water reuse, high capacity and low total cost of ownership.
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Access 48,091 investors

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

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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 2 investments in Belgium Marketplace startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 148
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Brass — Get started with a modern current account
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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HTGF (High-Tech Gruenderfonds)
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 2 investments in Belgium Marketplace startups

High-Tech Grunderfonds finances startups with growth potential. Its team of investment managers supports young companies with expertise, entrepreneurial spirit, and passion. The company focuses in the fields of digital tech, industrial tech, life sciences, chemistry, and related business areas. It also focuses on financial services in varioussectors.

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Investment focus

  • Industry: Software, Biotechnology, Information Technology
  • Stage:Seed, Series A
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 587
  • Round size: Seed $1.1M–$7.3M; Series A $3.5M–$33M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $522M in 2022

Portfolio highlights

  • Selfapy — Selfapy offers a therapy support tool that helps recognize negative patterns of thought and train new behavior. Selfapy is your guided, self-help online course against depression with a personal psychologist as a companion.
  • Verovaccines — VEROVACCiNES discovers and develops innovative vaccine solutions, to protect animals against infectious diseases. Key is a novel, broadly applicable, yeast-based technology to generate subunit marker vaccines. This technology has been validated by demonstrating protection of several target animal species against different viral diseases(proof-of-concept).VEROVACCiNES GmbH is a spin-off company of the Martin Luther University Halle-Wittenberg, Germany in 2017. The company exclusively took over IP, brand, team, products and know-how from the former BMBF GO-Bio-funded VEROVACCiNES project at Halle University. VEROVACCiNES GmbH is eligible for follow-up phase 2 funding from the same BMBF GO-Bio program. They cooperate closely with veterinary pharmaceutical companies, universities and research institutes, and they are eager to initiate new collaborations.
  • OMEICOS Therapeutics — OMEICOS Therapeutics is developing a novel, first-in-class, small molecule utilizing a new Mode of Action. OMEICOS' novel therapeutic strategy is based upon the discovery of natural metabolites of omega-3 fatty acids that mediate a strong anti-arrhythmic effect. In contrast to all other anti-arrhythmic drugs, OMEICOS' substances activatean endogenous cardio-protective signaling pathway that not only stabilizes the heart rhythm but shall provide curative effects to the diseased organ by preventing its electrical and structural remodeling.
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Jonas Deprez
Angel · Gent, Oost-Vlaanderen, Belgium · 2 investments in Belgium Marketplace startups

Jonas Deprez is a Belgian entrepreneur and tech founder with a passion for building data-driven solutions that simplify complexity. He is the co-founder and co-CEO of Donna, an AI-powered assistant that automates administrative tasks for field sales teams, freeing them up to focus on what truly matters - selling.Before Donna, Jonas foundedDaltix, a retail data company that delivered real-time insights into pricing, promotions, and product assortments for leading retailers across Europe. Under his leadership, Daltix grew from a local startup into a market leader, and was successfully acquired by Colruyt Group in 2023.Based in Ghent, Jonas is also an active angel investor and advisor within the Belgian startup ecosystem, supporting early-stage founders who are building the next wave of innovative companies.Driven by curiosity and a love for smart technology, Jonas continues to focus on the intersection of AI, data, and human productivity - always looking for better ways to work, live, and build.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Software
  • Stage:Seed, Convertible Note
  • Geography: Belgium, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $878k–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Markmi — We give fashion retail teams access to optimized price markdowns through a fast, tailored, and easy-to-use AI assistant.
  • Peliqan.io
  • Driven — Driven is the easiest platform to design smart incentives, align targets, and boost overall sales performance.
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Jonas Dhaenens
Angel · Gent, Oost-Vlaanderen, Belgium · 2 investments in Belgium Marketplace startups

Jonas Dhaenens

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Investment focus

  • Industry: Software, SaaS, Finance
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Belgium, Denmark

Investor stats

  • Total investments: 9
  • Round size: Seed $445k–$1.9M; Angel $277k–$2.7M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Realo — Realo is a data-driven real estate marketplace. Realo's mission is to help people to buy, sell or rent a home by providing them insights about houses, neighbourhoods and service providers such as real estate agents.
  • Leadcamp — Leadcamp offers software solutions for email tracking, lead scoring, pipeline management, sales analytics and automation.
  • Cardify — Cardify redefines the way the fastest growing companies enable their sales team to deliver a more effective and personalized buyer/seller experience. The company was founded in 2019 and headquartered in Oost-Vlaanderen, Belgium.
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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Marketplace 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

  • Univercells — We are biotech innovators, rooted in Belgium, driven by one purpose: To transform how biotech drugs are made so everyone, everywhere, can get them.
  • Intressa Vascular — Intressa Vascular provides innovative solutions to address life-threatening cardiovascular conditions such as aortic dissection.
  • Santero Therapeutics — This is the homepage of the website
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ING Group
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Belgium Marketplace startups, 22 in the past 12 months

Corporate site of ING, a global financial institution of Dutch origin, providing news, investor relations and general information

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Investment focus

  • Industry: Energy, Renewable Energy, Financial Services
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: United Kingdom, United States, The Netherlands

Investor stats

  • Total investments: 116
  • Round size: Post-IPO Debt $116M–$4.4B; Debt Financing $75M–$1.4B
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • DHT Holdings — DHT operates as an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC, Aframax, and Suezmax segments. The company operates through Its wholly-owned management companies in Oslo, Norway, and Singapore.
  • EQT — EQT is a private equity firm. They invest in companies and regions where there is an industrial approach. Their investment strategies include private capital, assets, credit, and public value, guided by an ownership approach and an industrial growth strategy.
  • Nearfield Instruments — Automated High-Throughput 3D Scanning Probe Metrology
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Akiles
VC Fund · Rhode-saint-genèse, Vlaams-Brabant, Belgium · 2 investments in Belgium Marketplace startups

Akiles is a Belgian Evergreen Investment Company focussing on Growth Capital. Managed by Christophe Rousseaux, Kurt Huyghe, Laurent Puissant Baeyens and

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Investment focus

  • Industry: Health Care, Software, Wellness
  • Stage:Private Equity, Series A
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 12
  • Round size: Series A $1.6M–$4.9M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • eFarmz — eFarmz allows for the online purchase of a variety of organic goods, including fruits, sweets, dairy, seafood, meat, drinks, and more, with or without a membership. Alcoholic beverage purchases cannot be made by those under the age of 18.
  • Hosman — They publish your property on more than 35 professional sites.
  • Emmers Equestrian — Emmers Equestrian members receive access to unique privileges that improve and ease daily living.
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Terra Drone
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Belgium Marketplace startups

Terra Drone Indonesia provides drone services for various industry sector such as mining, construction, oil & gas, energy, and utilities.

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Investment focus

  • Industry: Robotics, Drones, Aerospace
  • Stage:Corporate Round, Series A, Series B
  • Geography: Belgium, Ukraine, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Unifly — Unifly - Enabling autonomous aviation
  • Aloft — Aloft provides an FAA approved airspace and fleet management platform, powering mission-critical drone operations for public safety and the enterprise.
  • Amazing Drones — Amazing Drones develops and manufactures FPV drones, interceptor drones, and rocket-type unmanned systems for military and defense use. The company designs and produces HUMMEL series quadcopters of various sizes for bomber, kamikaze, and reconnaissance missions, as well as SkyRider rocket drones with onboard computing for guidance. Amazing Dronesalso supplies accessories, customization options, and testing for its UAVs and shares technical guidance and analysis about drone warfare and counter‑UAV technologies.
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Namur Invest
VC Fund · Namur, Namur, Belgium · 2 investments in Belgium Marketplace 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
  • Geography: Belgium, United States

Investor stats

  • Total investments: 7
  • Round size: Series A $658k–$18M
  • Lead/follow: 14% lead, 86% 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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New Science Ventures
VC Fund · New York, New York, United States · 2 investments in Belgium Marketplace startups

New Science Ventures is a venture capital firm that focuses on investments in life sciences and information technology companies. They invest in early and late stage companies taking novel scientific approaches to address significant unmet needs, while creating order-of-magnitude improvements in performances. The company also invests in companiesusing science-based innovations to address market needs in life sciences such as pharmaceuticals, biologics, medical devices, diagnostics, and IT. The team of the company expertise in strategy and corporate planning, operations and cost management, and leadership development.

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Investment focus

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

Investor stats

  • Total investments: 85
  • Round size: Series A $4M–$49M; Series B $8M–$52M; Series D $5M–$38M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $4.9M in 2020

Portfolio highlights

  • EXTEN Technologies — EXTEN HyperDynamic software platform solves the primary challenges of today's data centers: the necessity of keeping up with surging data density, velocity, and volume requirements, and the need for increased application agility.
  • BrightVolt — BrightVolt is an innovative manufacturer of solid-state thin & flexible lithium polymer batteries and power-efficient thin & flexible microelectronics for IoT clients. It specializes in the fields of battery, electronics, and manufacturing. BrightVolt got recapitalization in November 13, 2013.
  • Phase Four — Phase Four is a provider of electric propulsion (EP) for small satellites.The company was founded in 2015 to accelerate the advancement of its core differentiator, the Radio Frequency Thruster (RFT). The hallmark of Phase Four’s RFT is simplicity. Because the RFT omits a hollow cathode and high voltage electronics, three key improvements arerealized: 1) a 10x materials cost savings versus legacy EP systems, 2) a significant decrease in the size of power electronics, and 3) propellant agnosticism. In a first for EP, the Phase Four RF thruster accomplishes this while achieving performance in the same thrust, specific impulse (Isp), and efficiency class as legacy plasma propulsion solutions.
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Tioga Capital Partners
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Marketplace startups

Headquartered in Belgium, we provide our investors with exposure to the growing European blockchain ecosystem, with a focus on early-stage opportunities.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, France, Belgium

Investor stats

  • Total investments: 35
  • Round size: Seed $2M–$20M; Series A $6.5M–$23M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Exclusible — Step into the future with Exclusible. Explore how we're driving innovation in the Metaverse, Roblox, and Fortnite, helping brands create impactful digital experiences.
  • Flying Tulip — Better Yield, Better UX
  • Chronicle Labs — Chronicle Protocol brings data onchain via decentralized, cost-efficient, verifiable oracles, powering DeFi and RWAs with DeFi and Proof of Asset Oracles.
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Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Marketplace startups

Basic and applied research fund of the Flemish regional government in Belgium

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Belgium, Israel, Germany

Investor stats

  • Total investments: 36
  • Round size: Seed $517k–$1.9M; Grant $261k–$3.2M; Pre-Seed $160k–$2M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • WeHave — Enter the cookieless era of advertising with WeHave's first-party data collaboration. Leverage external data in a gdpr compliant way.
  • Summ.link — Summ.link works to transform enterprises by enhancing the employee experience through strategy and strong insights based on trustworthy data, which leads to improvements in digital processes. By putting a strong emphasis on data intelligence and people analytics, it seeks to provide everyone in the organization with actionable information.Application development, big data, AI, cloud solutions, and other services are among their offerings.
  • Gorilla — We empower Energy Retailers in pricing, forecasting and reporting with data-driven solutions in boosting speed and flexibility.
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Internet Attitude
VC Fund · Waremme, Liege, Belgium · 2 investments in Belgium Marketplace startups

Internet Attitude provides financial and strategic support to companies focused on web and new technologies.

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Investment focus

  • Industry: Auctions, E-Commerce, Financial Services
  • Stage:Seed, Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Auctelia — Auctelia offers industrial companies a simple way to manage efficiently their assets throughout their life cycle.Auctelia currently allows companies and intermediaries to sell and buy industrial assets through an effective online auction process. More than 30,000 members from 30 countries are logged in as buyers and Auctelia already managedsales of over EUR 10 of millions worth in assets.
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Marketplace startups, 6 in the past 12 months

Seeder Fund is an early-stage financing and growth capital for digital startups. For young start-ups with a start in commercial traction it offers seed funding of up to EUR 200,000 to validate their value proposition and product-market fit. For start-ups preparing for Series A it provides funding of up to EUR 300,000 to confirm the growth potentialand move closer to break-even. For scale-ups, the Seeder Fund can also help finance the company's growth, this time in the form of a capital stake of up to 1,000,000 EUR.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Belgium, Luxembourg, France

Investor stats

  • Total investments: 35
  • Round size: Seed $384k–$2.5M; Pre-Seed $219k–$2.4M; Series A $3.3M–$8M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Adomate — Adomate is an AI powered advertising platform that helps marketing teams create social media ads at scale. The platform seamlessly combines performance data, competitor analysis, and consumer behavior insights to generate data-backed creative concepts more efficiently.
  • Borro — Cashless deposit system
  • Vectrix — Vectrix offers AI-based automation and consulting solutions for businesses and logistics companies to automate workflows.
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Fortino Capital
VC Fund · Zaventem, Vlaams-Brabant, Belgium · 2 investments in Belgium Marketplace startups

We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Seed
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 72
  • Round size: Seed $2M–$5.8M; Series A $3.9M–$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.
  • Billy Grace — Billy Grace is AI Marketing Optimization Software that can revolutionize your online marketing efforts. Experience the unprecedented benefits of more precision, intelligence, and efficiency.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 2 investments in Belgium Marketplace 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, Renewable Energy, Information Technology
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 48
  • Round size: Series A $3.9M–$13M; Series B $6.4M–$50M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Entrix — Entrix is an optimisation and trading platform for grid-scale battery storage that accelerates the transition towards a clean energy future. Our mission is to enable the most effective use of green energy and to ensure the reliability of the future energy system. We provide state-of-the-art technology and services to both asset owners and potentialinvestors across the globe.
  • 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.
  • Ona Therapeutics — Ona Therapeutics is a biotech company that specializes in the discovery and development of therapeutic biologics targeting tumor metastatic-initiating cells and lipid metabolism. Founded in 2019 by Salvador Aznar-Benitah and Valerie Vanhooren, it was a spin-off from ICREA and Advanced Studies, and the IRB Institute for Research in Biomedicine.
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Solidity Ventures
VC Fund · New York, New York, United States · 2 investments in Belgium Marketplace startups

Solidity Ventures they provides infrastructure for blockchain platforms.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: Singapore, Cayman Islands, India

Investor stats

  • Total investments: 15
  • Round size: Seed $2M–$15M; Initial Coin Offering $2M–$2M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • TiTi Protocol — TiTi Protocol always monitors changes in the total value of reserve to calculate the average price of TiUSD in circulation and adjusts the market-making peg price of TiUSD in the primary market through the ReOrders mechanism.
  • Blocklords — Be part of the most ambitious strategy game of our age.
  • StreamFlow — StreamFlow is an IT firm that offers a token distribution platform to help teams manage finances, including payroll.
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Wim Derkinderen
Angel · Antwerp, Antwerpen, Belgium · 2 investments in Belgium Marketplace startups

Wim Derkinderen is the Founder, Director, and Board member of FixForm.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Belgium, United Kingdom, Spain

Investor stats

  • Total investments: 18
  • Round size: Seed $305k–$3M; Pre-Seed $130k–$1.6M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • FixForm — At FixForm, we aim to keep spaces and buildings in good, safe and clean condition. Our platform allows everybody to report problems with just the snap of a picture. Simplify your maintenance today and become part of the FixForm community.
  • RiftPay — Banking and finance done with others. Introducing a social banking, finance, and mobile payment platform. The financial industry is designed to cater to the individual. RiftPay puts groups first, making us truly unique.
  • Hotel Manager — Hotel Manager is the platform for delivering modern experiences to guests, wherever they are. Launch and build your hotel app in no time and manage your growth easily. All in one platform with zero technical knowledge required.
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Meusinvest (Noshaq)
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Marketplace 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: 77
  • 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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Buysse & Partners
VC Fund · Antwerpen, Antwerpen, Belgium · 2 investments in Belgium Marketplace 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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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Belgium Marketplace startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 104
  • Round size: Seed $25k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Spring in Africa — Wallets Africa helps Africans and African-owned businesses send money, receive money, make card payments, and access overdrafts.
  • Allpro Technologies — Their mission is to Facilitate the free flow of finance and data in the school ecosystem.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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The Craftory
VC Fund · London, England, United Kingdom · 1 investments in Belgium Marketplace startups

The alternative growth equity and consumer venture capital fund based in London and San Francisco. We invest in consumer brands with a positive social impact. We are Cause Capital.

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Investment focus

  • Industry: Health Care, Consumer Goods, Retail
  • Stage:Series A, Series B
  • Geography: United States, United Kingdom, Chile

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Needed — Prenatal vitamins leave most women depleted, so we redesigned the Prenatal Multi from the ground-up, and paired it with the Omega-3 (DHA and EPA), Collagen Protein, and Pre/Probiotic that mamas need. Take them before, during, and after pregnancy (and while breastfeeding) for optimal prenatal and postpartum nourishment.
  • Edgard & Cooper — Edgard & Cooper offers foods for dogs and cats made with natural and nutritious ingredients. Their products are made with fresh meat and simple ingredients making it more balanced than over-processed pet food. Edgard & Cooper was founded in 2014 by Louis Chalabi and Jürgen Degrande and is headquartered in Kortrijk, Belgium.
  • NotCo — We are reinventing the foods we love to eat! Same great flavor, but made from plants. Meet the future of food. Why not?
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Galactic Beacon Ventures
VC Fund · 1 investments in Belgium Marketplace startups

Galactic Beacon Ventures is an investment firm.

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Investment focus

  • Industry: Drones, Transportation, Supply Chain Management
  • Stage:Seed
  • Geography: Belgium

Investor stats

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

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.
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Grégory Hédo
Angel · 1 investments in Belgium Marketplace startups

Grégory Co-founded Mac Line SA in 1991 with Laurent . Before creating E-Merge, both of them were also early stage investors in Internet Access Provider Skynet, which fast became the leading access provider in Belgium and was later acquired by Belgacom.

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Investment focus

  • Industry: Internet, Shopping, E-Commerce
  • Stage:Series A
  • Geography: Belgium, United States

Investor stats

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

Portfolio highlights

  • myShopi — myShopi is the number 1 promotion and shopping platform in Belgium. In addition to the myShopi folder package that is included in the mailbox every week, there is also the website www.myShopi.be and the free myShopi app for smartphone, tablet and smartwatch. The myShopi app has already been downloaded more than 1,000,000 times in Belgium and morethan 10 million times worldwide.
  • AngelList — Apply privately to 130,000+ remote jobs and startup jobs near you with one application. See salary and equity upfront. Find the latest tech jobs, company overviews, benefits and more at AngelList Talent.
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Ginion Group
VC Fund · 1 investments in Belgium Marketplace startups

Ginion Group is a mobility partner in Brussels.

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Investment focus

  • Industry: Rental, Car Sharing
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • MyMove — Mobility is changing, are you? MyMove is your pathway to fleet sharing that works.
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David Majert
Angel · Hamburg, Hamburg, Germany · 1 investments in Belgium Marketplace startups

David Majert is a co-founder and Managing Director of WiNRG GmbH.

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Investment focus

  • Industry: Gaming, FinTech, Blockchain
  • Stage:Seed
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Venly — Venly is a blockchain technology provider creating tools and products to help companies benefit from blockchain technology. Venly offers users of blockchain projects digital wallets to store assets with a native solution that also works on mobile devices. Venly also recently launched the Venly Market, positioning itself as a holistic user-friendly solution to help blockchain projects scale faster and more securely.
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WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Marketplace startups

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).

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Convertible Note, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 34
  • Round size: Seed $346k–$1.9M; Series A $1.1M–$11M; Convertible Note $219k–$568k
  • 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.
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NXT Investment Club
VC Fund · 1 investments in Belgium Marketplace startups

NXT Investment Club is an investment firm.

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Investment focus

  • Industry: Drones, Transportation, Supply Chain Management
  • Stage:Seed
  • Geography: Belgium

Investor stats

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

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.
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Valckenier
VC Fund · Aalst, Oost-Vlaanderen, Belgium · 1 investments in Belgium Marketplace startups

Valckenier is jouw partner in mobiliteit. Dichtbij, vernieuwend en met een persoonlijke service. We bieden een brede waaier aan mobiliteitsoplossingen op maat.

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Investment focus

  • Industry: Rental, Car Sharing
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • MyMove — Mobility is changing, are you? MyMove is your pathway to fleet sharing that works.
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Eutopia VC
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Marketplace startups

Eutopia is a fund for consumer startups. We back founders who are rethinking the way we eat, shop, sleep and feel. We are backing 26 startups

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Investment focus

  • Industry: Retail, E-Commerce, Food and Beverage
  • Stage:Seed, Series A
  • Geography: France, Belgium, Denmark

Investor stats

  • Total investments: 14
  • Lead/follow: no public data

Portfolio highlights

  • GOURMEY — We create sustainable cultivated meat delights for an uncompromising and conscious generation.
  • Bastille — Bastille is a brand of urban bicycles. The Astir brand is synonymous with folding bicycles. The primary quality constraint Bastille, a British designer, aims to create a folding motorcycle with standard wheels rather than the mini 16-inch wheels that are traditionally associated with folding bikes.
  • Nous anti-gaspi — We anti-Gapsi is the network of anti-waste food stores. This grocery store project offers producers and manufacturers the opportunity to their downgraded and unsold products at a fair price. They are a qualitative environment, they market products excluded from the usual mass distribution circuits for small defects, physical defects, contract-datenot respected, and end of series. They offer consumers a new mode of consumption that gives priority to common sense and that is at the same time smart, qualitative, and eco-responsible. In their stores, they offer you to find, in a warm atmosphere, a complete choice of food products to save waste: fruits and vegetables, fresh and frozen products, groceries, and even a small bulk section.
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AFI Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Marketplace startups

Alliance For Impact (AFI) is a category-defining structure for impact companies combining equity-free acceleration with first-ticket seed funding.

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Investment focus

  • Industry: Environmental Consulting, GreenTech, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, Belgium, Germany

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • Moonwatt — Moonwatt solves problems of the energy transition through innovative energy products hardware and software.
  • Tilt Energy — We are passionate engineers, PhD, business grads on a mission to help the energy transition using our skills: software and AI ! As we need to produce and consume energy in a more responsible, efficient and low-carbon way, our solution enables decentralized energy consumers to better integrate into the grid. We are building an innovative platformthat empowers the widespread adoption of renewable energies and everyone to take charge of their energy consumption. If energy is a topic at heart and you like challenge then join us !
  • Nova Carbon — High-performance sustainable carbon fiber composites
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TCD Capital (ex TheClubDeal)
VC Fund · Uccle, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Marketplace startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: Belgium, France

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

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.
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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Marketplace startups

Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Belgium, United Kingdom, Spain

Investor stats

  • Total investments: 67
  • Lead/follow: no public data

Portfolio highlights

  • introw — We help B2B sales, marketing & partnership teams to unlock warm referral leads in their partner ecosystem through AI. Allowing them to discover & co-sell on these leads from within their sales tools.
  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • DataPad — Say hello to the World's easiest metric tracking tool. Track everything in one place. Enable your entire team. Build data culture. All with no code, no development.
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ABN AMRO Fund
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Marketplace startups

Regel bij ABN AMRO uw bankzaken zoals u dat wilt. Persoonlijk, met de app of online.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Debt Financing
  • Geography: United States, The Netherlands, United Kingdom

Investor stats

  • Total investments: 57
  • Lead/follow: no public data

Portfolio highlights

  • NorSun — A leading supplier of solar ingots and wafers
  • Zenobe Energy — Discover Zenobe. Our vision: enable the transition to zero-carbon, non-polluting power and transport systems through the innovative use of battery storage.
  • IGNIS Energía — IGNIS Energía is a company specialized in the management and representation of cogeneration plants.
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KPN Ventures
VC Fund · Rotterdam, Zuid-Holland, The Netherlands · 1 investments in Belgium Marketplace startups

KPN Ventures is a corporate venture arm of KPN that aims to partner with innovative technology companies, providing access to capital, expertise, network, and customer channels. It focuses on early growth-stage European companies in networking technology, the internet of things, smart home, digital healthcare, cyber security, mobile and video (OTT)services, cloud computing, data, and analytics. It began operation on June 1, 2015, with its headquarters in Rotterdam in the Netherlands.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Perlego — Perlego is an online library subscription service for textbooks and non-fiction titles. Having partnered with over 3,000 of the world's best publishers, it gives its users unlimited access to over 650,000 eBooks and publications via an affordable monthly subscription. It aims to make learning accessible to all. It was founded in 2016 and isheadquartered in London, England.
  • CloudTalk — CloudTalk is an intuitive and easy-to-use cloud-based call center software with many advanced features designed to improve customer support.
  • BOX ID Systems — BOX ID Systems develops and offers an end-to-end location & process mining solution to cost effectively track millions of logistics assets digitally throughout the industrial supply chain across Europe and the World - including site-to-site, on-premises and indoor buildings digital twin of supply chain processes. The system is built on aspecialized analytics software platform, sensorik tracking devices and efficient data-, device- and user-management tools, including functions to support process automation and optimization. Industrial and automotive production customers benefit from making their logistics processes more efficient and cost optimized, with 100% transparency within their critical processes throughout the entire supply chain.
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D'Ieteren
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Marketplace startups

D’Ieteren n.v. provides various services to the motorists worldwide. The company operates in two segments, Automobile Distribution and Vehicle Glass. It imports and distributes Volkswagen, Audi, Seat, Škoda, Bentley, Lamborghini, Bugatti, Porsche, and Yamaha vehicles. The company also provides vehicle glass repair and replacement services under theCARGLASS, AUTOGLASS, and SAFELITE AUTOGLASS brands.

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Investment focus

  • Industry: Apps, Rental, Sensor
  • Stage:Seed, Series A
  • Geography: Belgium, Germany

Investor stats

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

Portfolio highlights

  • Belron — Belron specializes in auto glass repair and replacement. It is the only global VGRR operator, serving over 11 million customers annually across 34 countries and five continents. The company ranks first in each of its top ten markets, including the United States, France, and Germany. Carglass, Safelite, and Autoglass are among the well-known brandsin Belron's portfolio.
  • MyMove — Mobility is changing, are you? MyMove is your pathway to fleet sharing that works.
  • Cleverciti — Cleverciti, as a smart city mobility solution partner, is the leader in comprehensive, high-tech, IoT, AI, smart parking solutions and systems for outdoor and on-street parking detection, monitoring, and guidance.
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Vendis Capital
VC Fund · Diegem, Vlaams-Brabant, Belgium · 1 investments in Belgium Marketplace startups

Vendis Capital is an independent private equity firm that focuses on building and investing in small- to medium-sized branded consumer companies in Europe. Its flexible capital structure includes both development capital and buyout capital.Vendis Capital supports entrepreneurs and their companies through various stages of development. It helpsits clients in establishing strategic roadmaps, planning and facilitating management additions, evaluating and executing acquisitions, and establishing proper monitoring and reporting tools.Vendis Capital was founded in 2009 and is headquartered in Diegem, Vlaams-Brabant.

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Investment focus

  • Industry: Retail, E-Commerce, Manufacturing
  • Stage:Private Equity
  • Geography: The Netherlands, Belgium, France

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • Kamera Express — Kamera Express - De Kamera Superstore voor Foto, Video, Objectieven, Lenzen, Accessoires en toebehoren, Studio en Licht, Verrekijkers, Telescopen, Computer, Media en meer
  • Skins Cosmetics — Skins Cosmetics is a cosmetic shop that sells skin cosmetics and beauty products.
  • Pink Gellac — Pink Gellac is a digital native and direct-to-consumer premium nail polish brand with a distinctive colour offering. Pink Gellac is known for its distinctive on-trend colour offering and its salon-like quality.
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Boris Bogaert
Angel · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Marketplace startups

Startup Enabler & Angel Investor. In 2011 I co-founded Cardwise that later became Xpenditure NV an innovative product for managing expenses. Which was acquired by Sodexo Group (EURONEXT:SDXOF) in March 2017 after a very succesfull growth phase with more then 6000 customers globally (eg. Deloitte, Henkel, PWC,....) Reinvested partly in the newventure with Sodexo & iAlbatros. We launched this new corp-up venture in June 2018 under the name of RYDOO and I'm acting COO and board member.. Next to that I'm also investing in promising early stage startups with Tumbzup bvba.In the early 90ies I've been involved in commercialisation of the first Internet solutions. My passion has always been making new innovative products marketable towards B2B markets. I've pioneered in the internet sector and have been involved in the launch of Europe's first Internet service providers PING (Eunet) and Yucom (JV BT & ING), now both part of Belgacom (BELG:BB).Later, I became Chief Commercial Officer at SpaceChecker and after the acquisition by Punch Telematix, I became Country Manager. Punch Telematix is now owned by Trimble (NASDAQ: TRMB). In 2007, I joined Massive Media (publishers of Netlog & TWOO), a leading European on-line community that has recently been acquired by IACI (NASDAQ:IACI). As Director of Business Development, I successfully set-up the complete business development strategy and team from scratch.

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Investment focus

  • Industry: Software, FinTech, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, United Kingdom, United States

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Oper — Oper is the mortgage platform that helps lenders and brokers digitise and streamline their mortgage distribution.
  • Cardify — Cardify redefines the way the fastest growing companies enable their sales team to deliver a more effective and personalized buyer/seller experience. The company was founded in 2019 and headquartered in Oost-Vlaanderen, Belgium.
  • Hotel Manager — Hotel Manager is the platform for delivering modern experiences to guests, wherever they are. Launch and build your hotel app in no time and manage your growth easily. All in one platform with zero technical knowledge required.
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Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 1 investments in Belgium Marketplace 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: 169
  • Round size: Series A $3.3M–$79M; Series B $7M–$69M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $622M in 2010

Portfolio highlights

  • spineart — Spineart is a privately held medical device company focused on simplifying the surgical act by designing, developing and promoting safe and efficient solutions to spine surgeons, operating room teams, and patients.
  • 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.
  • Anjarium Biosciences — Pioneering the next generation of non-viral gene therapy - by tackling more diseases, more precisely and in a more personalized way.
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Newion
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Marketplace startups, 7 in the past 12 months

Newion is a venture capital firm focused on early-stage investments in B2B software companies. Its mission is to support entrepreneurs in building software companies into category leaders that create sustainable impact, and in doing so generate excellent returns to its investors.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed
  • Geography: The Netherlands, Belgium, Germany

Investor stats

  • Total investments: 81
  • Round size: Seed $1.1M–$5.2M; Series A $1.1M–$10M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $148M in 2022

Portfolio highlights

  • Camphouse — Mediatool is the all-in-one planning, execution, tracking and reporting tool for media and marketing campaigns. Increase productivity with streamlined delivery and better collaboration across all your marketing activities. Grow revenue with confidence, using real-time performance data to optimise investment.Hundreds of tangible benefits, onebetter way of working. Forget spreadsheets and get to know Mediatool.
  • TurnUp — TurnUp is an AI-driven practice management platform designed specifically to streamline scheduling and administrative operations for dental clinics. The Belgian company utilizes intelligent automation to eliminate manual booking tasks, optimize calendar efficiency, and minimize costly open time-slots. Its advanced AI assistant, Elissa, securelycommunicates with patients via multiple digital channels to handle complex scheduling requests automatically.
  • Lightbringer — Experience the future of patent services with Lightbringer. Our AI-driven platform accelerates your patent process, ensuring efficiency and expertise from world-class patent attorneys.
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Marketplace Investor funding in Belgium at a glance

Stats across 157 deals from 192 investors.

192
investors
in Belgium Marketplace startups
157
deals
in Belgium Marketplace startups
$2.5M
median round
in Belgium Marketplace startups
42%
lead investors
lead at least one round
32%
Seed
most common funding stage
82/18
VC / Angel
share of investor count

Access all 192 investors in Belgium Marketplace startups.

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