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Top 50 Marketplace VC Funds & Investors in Belgium (September 2026)

The most active venture capital funds 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 Seed, Series A, Series B Software, Biotechnology, Health Care $1M–$43M
Inventures SA
VC Fund
10 Belgium, France, United Kingdom Series A, Seed, Series B Health Care, Software, Biotechnology $67k–$21M
Limburgse Reconversie Maatschappij
VC Fund
8 Belgium, The Netherlands, United States Seed, Series A Information Technology, Software, Biotechnology $658k–$11M
Spreds
VC Fund
7 Belgium, France Seed, Series A, Pre-Seed Information Technology, Food and Beverage, Software $97k–$2.5M
Vives Louvain Technology Fund
VC Fund
4 Belgium, France, United States Series A, Series B, Seed Health Care, Biotechnology, Medical $156k–$125M
Saffelberg Investments
VC Fund
4 Belgium, Australia, United States Seed, Series A, Private Equity Information Technology, Software, SaaS $1.2M–$40M
Belcube
VC Fund
4 Belgium, France, United Kingdom Seed, Series A, Convertible Note Apps, FinTech, Finance $539k–$6.6M
NewAlpha Asset Management VC
VC Fund
3 France, Canada, Austria Series A, Series B, Venture - Series Unknown FinTech, Software, Financial Services $2.8M–$42M
Force Over Mass Capital
VC Fund
3 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $241k–$18M
Alychlo
VC Fund
3 Belgium, United States Series D, Venture - Series Unknown, Series A CRM, Energy, Rental $12M–$32M
S.R.I.W.
VC Fund
3 Belgium, United States, Spain Venture - Series Unknown, Series A Health Care, Biotechnology, Manufacturing $422k–$51M
E-Merge
VC Fund
3 United States, Belgium, Spain Seed, Series A Software, SaaS, E-Commerce $213k–$25M
Qbic Fund
VC Fund
3 Belgium, The Netherlands Seed, Series A Biotechnology, Software, Health Care $1.3M–$34M
Angelwise
VC Fund
3 Belgium, The Netherlands Seed, Pre-Seed Software, SaaS, Information Technology $873k–$2.9M
Senovo
VC Fund
2 Germany, United States, Sweden Series A, Seed, Series B Software, SaaS, Information Technology $2M–$66M
Theodorus III
VC Fund
2 Belgium, Canada, France Series A, Seed, Venture - Series Unknown Health Care, Biotechnology, Software $67k–$41M
La Francaise Group
VC Fund
2 Belgium Series A Rental, Leasing, Payments
Microtraction
VC Fund
2 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $30k–$1.3M
Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund
2 Belgium, Israel, Germany Grant, Pre-Seed, Seed Biotechnology, Health Care, Software $160k–$3.2M
Tioga Capital Partners
VC Fund
2 United States, France, Belgium Seed, Series A Blockchain, Cryptocurrency, Financial Services $2M–$23M
ING Group
VC Fund
2 United Kingdom, United States, The Netherlands Debt Financing, Post-IPO Debt, Series B Energy, Renewable Energy, Solar $15M–$3B
New Science Ventures
VC Fund
2 United States, United Kingdom, Belgium Series B, Series A, Series D Biotechnology, Health Care, Medical $4M–$52M
Otium Capital
VC Fund
2 France, Spain, United States Seed, Series A Software, Health Care, E-Commerce $968k–$17M
Peak
VC Fund
2 The Netherlands, Germany, Sweden Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $570k–$17M
Akiles
VC Fund
2 Belgium, France, Luxembourg Venture - Series Unknown, Private Equity, Series A Health Care, Internet, Software $1.1M–$5.1M
Agentschap Innoveren & Ondernemen
VC Fund
2 Belgium, Italy, Israel Grant, Pre-Seed, Seed Biotechnology, Health Care, Software $106k–$3.2M
Seeder Fund
VC Fund
2 Belgium, Luxembourg, France Seed, Pre-Seed, Series A Software, Information Technology, SaaS $212k–$12M
Gogreen Capital
VC Fund
2 Belgium, France Venture - Series Unknown, Seed, Series A AgTech, Hardware, Agriculture $1.3M–$2.3M
Meusinvest (Noshaq)
VC Fund
2 Belgium, France, Germany Series A, Seed, Venture - Series Unknown Biotechnology, Health Care, Medical $137k–$16M
D’Ieteren Group
VC Fund
2 Belgium Series A Rental, Leasing, Payments
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4M
Korys
VC Fund
2 Belgium, The Netherlands, Germany Series B, Series A, Venture - Series Unknown Biotechnology, Renewable Energy, Software $4.4M–$50M
European Union
VC Fund
2 Germany, United Kingdom, United States Grant, Seed, Pre-Seed Software, Information Technology, Health Care $21k–$28M
Solidity Ventures
VC Fund
2 United States, Spain, Singapore Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Software $1.2M–$11M
HTGF (High-Tech Gruenderfonds)
VC Fund
2 Germany, Switzerland, United States Seed, Series A Software, Biotechnology, Information Technology $1.1M–$33M
Internet Attitude
VC Fund
2 France, Belgium, Canada Seed, Series A, Venture - Series Unknown E-Commerce, Retail, Internet $280k–$2.9M
Chroma Impact Investment
VC Fund
2 Kenya, Belgium Seed, Series A Renewable Energy, Drones, Software
Buysse & Partners
VC Fund
2 Belgium, United Kingdom, The Netherlands Series A, Seed, Venture - Series Unknown Software, Cloud Computing, FinTech $1.1M–$11M
Terra Drone
VC Fund
2 Belgium, Ukraine, United States Corporate Round, Series A, Series B Robotics, Drones, Aerospace $11M–$19M
Namur Invest
VC Fund
2 Belgium, United States Series A, Seed, Grant Health Care, Medical Device, Auctions $658k–$18M
Plug & Play
VC Fund
1 Seed
ABN AMRO Fund
VC Fund
1 United States, The Netherlands, United Kingdom Series B, Debt Financing Biotechnology, Health Care, Software
Eutopia VC
VC Fund
1 France, Belgium, Denmark Seed, Series A Retail, E-Commerce, Food and Beverage
Pitchdrive
VC Fund
1 Belgium, United Kingdom, Germany Pre-Seed, Seed, Series A Software, SaaS, Information Technology
LeanSquare
VC Fund
1 Belgium, France, United States Seed, Series A Software, Music, Internet
LeadBlock Partners
VC Fund
1 France, United States, Austria Seed, Series B, Series A Cryptocurrency, Blockchain, Financial Services
Industrya
VC Fund
1 Belgium, France Seed Industrial, B2B, SaaS
TOKAI
VC Fund
1 Japan, Belgium Angel, Series C Eyewear, Medical, Robotics
Ninepointfive
VC Fund
1 The Netherlands, Belgium, Spain Pre-Seed, Seed, Series A E-Commerce, E-Commerce Platforms, SaaS
Courtside Ventures
VC Fund
1 United States, India, Canada Seed, Series A, Series B Gaming, Sports, Fitness
Access all 204 VC funds in Belgium Marketplace startups.

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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, 8 in the past 12 months

Do and dare company

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Investment focus

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

Investor stats

  • Total investments: 159
  • Round size: Seed $1M–$4M; Series A $3M–$40M; Series B $6.6M–$43M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
  • Borro — Cashless deposit system
  • Storm — Storm is een producent van hernieuwbare energie. Samen met ons team ontwikkelen, bouwen en exploiteren we duurzame energieprojecten over het hele land: van wind- en zonneparken tot snellaadstations en batterijopslag. Dit telkens tegen een zo laag mogelijke maatschappelijke kost.
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Inventures SA
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 10 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, Software, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Seed $67k–$2.1M; Series A $422k–$14M; Series B $165k–$21M
  • Lead/follow: 8% lead, 92% 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 — Optimize energy use with Octave's battery storage (BESS) and energy management system (EMS). Reduce costs, increase flexibility.
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Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 8 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, The Netherlands, United States

Investor stats

  • Total investments: 98
  • Round size: Seed $658k–$5.2M; Series A $1.6M–$11M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Monsana — Monsana's AI-powered platform empowers both patients and healthcare professionals in their search for the perfect clinical trial. Each eligibility criterion is validated based on your unstructured textual medical records, allowing highly accurate matching with experimental treatments.
  • 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.
  • Optiflux — Optiflux automatiseert het bewaarbeheer van vers fruit met slimme AI & vision-technologie. Minder verlies, meer winst voor teler & handelaar.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 7 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, Food and Beverage, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Belgium, France

Investor stats

  • Total investments: 33
  • Round size: Seed $97k–$627k; Pre-Seed $150k–$197k; Series A $248k–$2.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Jelloow — Jelloow your virtual marketing navigator. Matching brands with likeminded marketing agencies.
  • PlayTreks — Supercharge your music business with PlayTreks, the all-in-one workspace for music professionals. Built for indie artists, artist managers and label teams.
  • 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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Vives Louvain Technology Fund
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 4 investments in Belgium Marketplace startups

Vives is an interregional seed and early stage technology multi-sector fund. The new fund, initiated by UCLouvain, is a unique European inter-university fund having access to world class innovations from leading EU top universities.

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Investment focus

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

Investor stats

  • Total investments: 27
  • Round size: Seed $1.6M–$7.3M; Series A $156k–$49M; Series B $4.7M–$125M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $38M in 2020

Portfolio highlights

  • BOTALYS — BOTALYS uses an innovative Biomimetic Indoor Farming technology to recreate the ideal wild conditions for rare botanicals to grow in. We develop pristine & potent botanical ingredients for the Nutraceutical and Cosmetic industries.
  • 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.
  • Novadip Biosciences — Novadip Biosciences, an advanced biopharmaceutical company focused on new generation of therapies from adipose stem cells adapted to hard and soft tissues reconstruction.
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Saffelberg Investments
VC Fund · Gooik, Vlaams-Brabant, Belgium · 4 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: Information Technology, Software, SaaS
  • Stage:Seed, Series A, Private Equity
  • Geography: Belgium, Australia, United States

Investor stats

  • Total investments: 20
  • Round size: Seed $1.5M–$2.4M; Series A $2.4M–$5.7M; Private Equity $1.2M–$40M
  • Lead/follow: 50% lead, 50% 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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Belcube
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 4 investments in Belgium Marketplace startups

Belcube is a belgian based angel/seed investment fund. By entrepreneurs for entrepreneurs

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Investment focus

  • Industry: Apps, FinTech, Finance
  • Stage:Seed, Series A, Convertible Note
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $539k–$1.7M; Series A $1.3M–$6.6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Neteven — The Neteven software is developed internally and relies on robust technologies. Neteven was the first French company to be Certified Compatible Application by eBay in 2005 and the first one to integrate Amazon Web Services in France.Neteven’s developers collaborate daily with marketplaces engineers to provide enterprises with the most advancedsolution. Neteven integrates all functionalities and add new exclusive tools to facilitate and optimize the centralized management of the full sales cycle on global marketplaces.The team is made of experts coming from marketplaces, brands, manufacturers, wholesalers or software companies.
  • Tricount — Share group expenses amongst your friends. During or after a group activity, it is often necessary to do some accounting. With Tricount, you can easily figure out how much everyone owes or is owed.Market Problem Solved:For many reasons, people are often involved in group activities. This can be holidays, living in a shared house, sportevents or the organization of a party. During such activities, expenses are made by group members. And at the end, the group is due to pay back for the expenses. In order to do that, a group member has to keep track of all the expenses to make some calculation, a work that can be time-consuming and difficult to explain to the others.Our Solution:We developed the simplest solution for solving this headache. People can easily create group expense reports (in a few seconds only) and share it with their friends, so that they can check and add expenses. No identification is needed, just the same way as Doodle works. Reports are accessed through URL's. The tool is available on three platforms : a website, a Facebook application, and a iPhone application, to enable "on the go" data input. The website is available at http://www.tricount.com
  • Compliment.me (Acquired) — Compliment is a Brussels based wellness company. We provide daily personalized vitamin pack. Answer a quick questionnaire and get vitamin recommendation backed by science.
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NewAlpha Asset Management VC
VC Fund · Paris, Ile-de-France, France · 3 investments in Belgium Marketplace startups

Expert in investments targeting the entrepreneurial financial industry, NewAlpha launched the first French venture capital fund dedicated to Fintech start-ups in November 2015. The fund has made five Fintech investments in 2016.NewAlpha provides qualified investors with access to the most innovative and dynamic firms in the financial industrythanks to its wide range of products and services. On behalf of its clients, NewAlpha selects, finances and supports innovative entrepreneurial projects, mainly in asset management but also in related sectors such as services for investment managers or financial technologies (Fintech and Insurtech).

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: France, Canada, Austria

Investor stats

  • Total investments: 54
  • Round size: Series A $4.7M–$21M; Series B $4.5M–$42M; Venture - Series Unknown $2.8M–$16M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Lizy — Goedkoper tweedehands leasen. LIZY is uw referentieplatform voor onmiddellijk beschikbare autoleasing. | Lize Leasing
  • Supervizor — Supervizor allows companies to automatically check all accounting and operational data, and detect errors and fraud. No setup or dry runs required.
  • Jove Insurance — All-in-one combined business insurance covering property, liability, and contents. Simplified coverage for SMEs. Competitive rates, instant online quotes. FCA regulated.
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Force Over Mass Capital
VC Fund · London, England, United Kingdom · 3 investments in Belgium Marketplace startups

Force Over Mass Capital is an FCA regulated venture capital firm focused on early stage technology investments across UK and Europe. We invest in B2B innovation across four verticals, i.e. Fintech, Artificial Intelligence, SaaS and Industry 4.0.FOM cap operates both seed and scale-up funds to support early stage businesses through their growthjourney.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 197
  • Round size: Seed $420k–$4.8M; Pre-Seed $241k–$2.4M; Series A $3.1M–$18M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $131M in 2020

Portfolio highlights

  • Finovox — Finovox provides a solution for detecting false documents. They offer investigative tools to analyze, understand, and explain fraud. Additionally, they provide users with hard evidence of fraud.
  • Artificial Labs — Build your future placement and underwriting strategy with Artificial's pioneering technology.
  • Stoa Corporation — Unlock perks when you save. Saving, reimagined - get high-value perks upfront, not small bank interest.
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Alychlo
VC Fund · 3 investments in Belgium Marketplace startups

Alychlo

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Investment focus

  • Industry: CRM, Energy, Rental
  • Stage:Series D, Venture - Series Unknown, Series A
  • Geography: Belgium, United States

Investor stats

  • Total investments: 9
  • Round size: Series D $30M–$32M; Venture - Series Unknown $12M–$18M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Lizy — Goedkoper tweedehands leasen. LIZY is uw referentieplatform voor onmiddellijk beschikbare autoleasing. | Lize Leasing
  • banqUP — the all-in-one digital platform for businesses of any size
  • miDiagnostics — miDiagnostics is developing a comprehensive menu of syndromic tests for screening, diagnosis and monitoring of a wide range of health conditions.
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Access 48,091 investors

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

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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 3 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:Venture - Series Unknown, Series A
  • Geography: Belgium, United States, Spain

Investor stats

  • Total investments: 111
  • Round size: Series A $422k–$31M; Venture - Series Unknown $2.7M–$51M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Univercells — Mix parlay, atau lebih dikenal sebagai parlay bola atau hanya parlay, merupakan taruhan judi bola online yang menggabungkan minimal 2 hingga 10 tim pertandingan sepak bola menjadi 1 tiket taruhan.
  • 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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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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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: 62
  • Round size: Seed $1.3M–$7.4M; Series A $1.6M–$34M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $54M in 2022

Portfolio highlights

  • Firecell — Firecell is a Telecommunications Industry.
  • Eyeo — eyeo revolutionizes imaging with color splitter sensors. Capture sharper, brighter images in low light using optical waveguide innovation, discover how it works
  • Sightera Biosciences — Revolutionizing drug discovery through AI-powered analysis of patient-derived models for breakthrough therapeutics in cancer and regenerative medicine.
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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 — raised $23M in 2022

Portfolio highlights

  • Adomate — Adomate helps performance teams turn customer signals, competitor insights, and brand data into on-brand ad concepts with AI workflows they build and control.
  • 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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Senovo
VC Fund · München, Bayern, Germany · 2 investments in Belgium Marketplace startups

Senovo is an early-stage VC funding global B2B SaaS category-leaders from Europe in Seed or Series A fundraising rounds. The fund invests into enterprise software startups in the areas of process optimization, industry 4.0 and data-enabled solution. The investor supports tech entrepreneurs in scaling marketing, sales, organisation, finance and KPIs.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, Sweden

Investor stats

  • Total investments: 67
  • Round size: Seed $2M–$8.4M; Series A $2.8M–$13M; Series B $5M–$66M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Lative — Lative is an advanced sales planning and decision intelligence platform that helps you meet company objectives in the most profitable and efficient way.
  • Parloa — Amplify your customer service experience with a team of personal AI agents. Leverage the full power of generative AI for contact center automation.
  • FlowFuse — Build industrial applications in minutes with AI, then deploy and govern production from cloud to edge.
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Theodorus III
VC Fund · 2 investments in Belgium Marketplace startups

Theodorus is the spin-off fund of Université Libre de Bruxelles that invests ininvest in early stage projects based on proprietary disruptive technologies.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: Belgium, Canada, France

Investor stats

  • Total investments: 22
  • Round size: Seed $67k–$18M; Series A $1.3M–$41M; Venture - Series Unknown $3.6M–$20M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Icentia — Icentia provides a range of innovative medical tests for healthcare institutions. They are able to offer valuable solutions for major problems in the field of medical testing.
  • Simmunome AI — We use AI to create accurate, comprehensive disease models using multi-omic data to determine the probability of success of a drug. Our clinical trial simulations allow you to gain insights, make go/no-go decisions, and de-risk your pipeline, getting you to market faster and reducing your R&D co
  • Ability biologics — Ability develops innovative, targeted, immune modulating biotherapeutics to address unmet medical needs in patients with cancer and autoimmune diseases.
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La Francaise Group
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Marketplace startups

La Française Group is a global asset manager headquartered in Paris.

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Investment focus

  • Industry: Rental, Leasing, Payments
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Lizy — Goedkoper tweedehands leasen. LIZY is uw referentieplatform voor onmiddellijk beschikbare autoleasing. | Lize Leasing
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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: 106
  • Round size: Seed $30k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $15M in 2022

Portfolio highlights

  • Growwr — Growwr is an AI-native workforce infrastructure platform building the operating system for global work.Its flagship product, Growwr AI, acts as an intelligent hiring agent that helps companies source, screen, evaluate, and hire talent through conversational workflows instead of manual recruiting processes. Companies can describe a role, definehiring priorities, and automatically receive ranked candidates based on verified skills, work history, and performance data.Beyond hiring, Growwr provides integrated global payment infrastructure that enables companies to pay talent across 180+ countries through cards, bank transfers, mobile money, and local payment rails.Because hiring, work, and payments happen inside one system, Growwr continuously generates verified workforce data around earnings, productivity, reliability, and work consistency. The company is leveraging this infrastructure to build workforce financial services including payroll, invoicing, credit scoring, and access to financial products for professionals in emerging markets.Growwr supports 90,000+ users across 15 countries, has processed over millions in payouts, and serves businesses across Africa, the UK, and the US.The company is building the AI and financial infrastructure layer powering the future of global work.
  • Paycrest — Decentralized routing protocol for instant, secure, zero-fee payments in emerging markets.
  • Cr3dentials — Embedded financing for neobanks
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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 $285k–$3.2M; Pre-Seed $160k–$2.2M
  • 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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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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ING Group
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Belgium Marketplace startups, 30 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, Solar
  • Stage:Debt Financing, Post-IPO Debt, Series B
  • Geography: United Kingdom, United States, The Netherlands

Investor stats

  • Total investments: 130
  • Round size: Series B $15M–$160M; Post-IPO Debt $149M–$3B; Debt Financing $100M–$1.3B
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • DataVita — At DataVita they specialise in innovative, agile data services to drive Scotland’s business future. The Fortis datacentre, located in the heart of Scotland, provides the most advanced, scalable and secure colocation and integrated cloud services in the North of the UK.
  • Retina — Retina si occupa di realizzare infrastrutture nel Mezzogiorno per la produzione di biometano dalla conversione dei reflui zootecnici.
  • Return — We are a club of optimists
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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: 88
  • Round size: Series A $4M–$49M; Series B $8M–$52M; Series D $5M–$38M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $24M in 2021

Portfolio highlights

  • Glydways — Glydways, formerly Wayfarer is a transportation technology and clean energy company based in South San Francisco, California. It specializes in the design, manufacture, installation, and operation of affordable autonomous transportation for low, medium, and extremely high-capacity needs.
  • 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.
  • Trellis Bioscience — Trellis Bioscience develops a technology platform for cellular informatics. The company's technology has applications in the discovery and production of therapeutic monoclonal antibodies. Its cell biology platform provides a direct readout at the single cell level for monitoring activity of diverse cell types and quantifying the impact ofpotential therapeutic interventions. The company is based in San Francisco, California.
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Otium Capital
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Marketplace startups

In 2015, two independant investment teams were created in Paris inside Otium Capital, Pierre-Edouard Stérin's family office:* Otium Venture, focused on Seed investments in Tech companies (€40m invested in 14 companies among which Payfit, Doctrine, Owkin...)* Otium Brands, focused on Seed & Series A investments in Consumer GoodscompaniesIn 2019, the two teams spun off to become independant investment firms:* Otium Venture became frst* Otium Brands became Eutopia

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A
  • Geography: France, Spain, United States

Investor stats

  • Total investments: 105
  • Round size: Seed $968k–$7.2M; Series A $3.3M–$17M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $215M in 2015

Portfolio highlights

  • VSORA — VSORA provides high performance companion solutions combining AI and signal processing to enable autonomous driving and ADAS
  • e-peas — Discover e-peas, pioneer of the Ambient IoT concept since 2014, which offers the most efficient energy harvesting pmics on the market to make your devices more energy self-sufficient: AEMs.
  • Stratumn — Stratumn provides the finance departments of midsized and large companies with a SaaS solution that optimizes their end-to-end financial processes.
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Peak
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Belgium Marketplace startups

European early-stage venture capital fund backed 100% by founders. Helping Pre-Seed and Seed SaaS, Marketplaces & Platforms with their Go-To-Market.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: The Netherlands, Germany, Sweden

Investor stats

  • Total investments: 120
  • Round size: Seed $570k–$5M; Pre-Seed $781k–$2.5M; Series A $6.5M–$17M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $158M in 2022

Portfolio highlights

  • DREM — Simplifying distributed energy saving solutions
  • VoiceLine — VoiceLine is AI-powered field sales revenue intelligence. Document any customer interactions in seconds, get actionable insights and boost sales performance. Start today!
  • microsynetics GmbH — Developing hardware and software to help elderly people gaining more freedom and quality of life. Our first product is an emergency wristband which works together with an app, also connecting relatives via smartphone and phone integrated in the emergency wristband. The automated AI-based fall detection guarantees help even when the user - afteraccident - isn't capable anymore of activating the emergency call via integrated button.
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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, Internet, Software
  • Stage:Venture - Series Unknown, Private Equity, Series A
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 13
  • Round size: Series A $1.6M–$5.1M; Venture - Series Unknown $1.1M–$4M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $43M in 2021

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
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Agentschap Innoveren & Ondernemen
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Marketplace startups

Agentschap Innoveren & Ondernemen is a government agency, charged with implementing the economic, innovation and enterprise policy.

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Grant $233k–$3.2M; Pre-Seed $106k–$2.2M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Exalate — The only real-time bidirectional integration solution built specifically for complex cross-team collaboration cases and cross-company integration scenarios.
  • Protealis — Sustainable plant proteins for Europe​
  • Confo Therapeutics — Confo Therapeutics is a clinical-stage company committed to accelerating novel GPCR-directed medicines for metabolic & endocrine diseases.
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Marketplace startups, 9 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: 38
  • Round size: Seed $390k–$2.6M; Pre-Seed $212k–$2.4M; Series A $3.5M–$12M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Chift — Offer native integrations within your software. Your clients connect your software to their tools in one click. Connect easily to Accounting, POS, Invoicing, e-commerce, etc.
  • Visiblie — We get your brand recommended by ChatGPT, Perplexity, Gemini, Claude and every major AI search engine in weeks. Done for you.
  • Kando — Voice & Visual assistant and software for caregiver
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Gogreen Capital
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Marketplace startups

GoGreen Capital is a venture capital firm focused on the renewable sector, investing mainly in early-stage companies in Europe and North America.Recently established, GoGreen Capital is based in Brussels, Belgium and leverages a solid track record of investments made by its shareholders in the renewable industry for the last 15 years, notably ina leading solar thermal energy supplier.

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Investment focus

  • Industry: AgTech, Hardware, Agriculture
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Belgium, France

Investor stats

  • Total investments: 4
  • Round size: Venture - Series Unknown $1.3M–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Force-A — FORCE-A designs, produces, and sells optical sensors for the assessment of physiological and health status of crops. It offers crop sensors for nondestructive assessment of leaf polyphenolics. The company also provides multiparameter noncontact sensors-based on leaves or fruits, and berries autofluorescence measurements. Its multiparameternoncontact sensor provides inputs for decision support systems for a range of crops, including fertilisation needs, weed infestation, crop diseases, and crop yield and quality forecast. The company was founded in 2004 and is based in Orsay, France.
  • Eclo — Eclo is an urban farm that grows exotic mushrooms, microgreens, and fragrant baby herbs.
  • Peas&Love (Urban farm Company SA) — Our mission is to help cities to become greener, more sustainable, more human. By installing our farms, we provide eco-systemic services to cities, improving their quality of life and creating social interactions. We want to extent our farms, and from there become the urban farming glocal leader; delivering a positive and healthy experience thatwill dramatically improve our clients lives.
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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, Venture - Series Unknown
  • Geography: Belgium, France, Germany

Investor stats

  • Total investments: 82
  • Round size: Seed $137k–$6M; Series A $3.6M–$16M; Venture - Series Unknown $2M–$16M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • 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).
  • Amyl Therapeutics — Amyl Therapeutics is a preclinical stage biotechnology company. Amyl Therapeutics uses a novel mechanism to bind to the amyloid fold of toxic protein aggregates of various types, including antibody light chain (AL) or transthyretin (TTR) aggregates, which accumulate in peripheral organs to cause systemic amyloidosis diseases, but also amyloid-β(Aβ), Tau, and α-synuclein aggregates, which accumulate in the brain to cause Alzheimer's and Parkinson's diseases.
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D’Ieteren Group
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Marketplace startups

D’Ieteren Group is a financial firm that provides investment, consulting, property acquisition, marketing, and stock exchange services.

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Investment focus

  • Industry: Rental, Leasing, Payments
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Lizy — Goedkoper tweedehands leasen. LIZY is uw referentieplatform voor onmiddellijk beschikbare autoleasing. | Lize Leasing
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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: 173
  • Round size: Seed $100k–$4M; Pre-Seed $100k–$2M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $84M in 2025

Portfolio highlights

  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • Cybervergent — Cybervergent is a technology company that specializes in providing top-notch cybersecurity solutions to businesses and organizations.
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
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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, Software
  • Stage:Series B, Series A, Venture - Series Unknown
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 48
  • Round size: Series A $4.4M–$13M; Series B $6.6M–$50M; Venture - Series Unknown $4.7M–$39M
  • 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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European Union
VC Fund · London, England, United Kingdom · 2 investments in Belgium Marketplace startups, 34 in the past 12 months

Discover how the EU functions, its principles, priorities; find out about its history and member states; learn about its legal basis and your EU rights.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 228
  • Round size: Seed $21k–$5.4M; Grant $60k–$28M; Pre-Seed $40k–$2.2M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
  • Elia Belgium — Elia Transmission Belgium operates the electricity transmission network in Belgium. We manage the Belgian high-voltage transmission grid (30 kV to 400 kV), which comprises over 8,903 km of overhead lines and underground cables. We preserve a service reliability level of 99.99 % and ensure that production and consumption are balanced around theclock. In so doing, we provide society with a robust power grid, which is important for socioeconomic prosperity.
  • Greenwave Circularity — Greenwave Circularity is a specialized plastics manufacturing and clean technology company delivering sustainable packaging infrastructure, the enterprise utilizes state-of-the-art recycling automation to transform post-consumer scrap PET bottles into food-grade resins and packaging preforms.
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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, Software
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Spain, Singapore

Investor stats

  • Total investments: 18
  • Round size: Seed $2M–$3.9M; Venture - Series Unknown $1.2M–$11M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Genesis Shards — Crafting a whole new suite of NFT powered products across multiple blockchains
  • 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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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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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: E-Commerce, Retail, Internet
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: France, Belgium, Canada

Investor stats

  • Total investments: 6
  • Round size: Seed $280k–$466k; Series A $658k–$2.9M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Solendro — In order to provide great comfort when you get dressed and fashion style when you take off your clothes, in August 2012, Matthieu and Jules created Solendro, an online store for men's underwear. Still buying from supermarket? Now you can choose in their online store your favorite underwear among more than 450 items, including boxer briefs,briefs, boxer shorts. Besides, orders over 30 euros will be delivered without any charge!At Solendro, they offer the newest collections from a large number of top brands at the most reasonable prices! Come and discover both luxury brands (D&G, CK, Armani) , the most popular designs (Sloggi, Dim) as well as classic products (Eminence, Jil, Mariner) and trendy brands (Diesel, Kaporal, Tommy Hilfiger), techniques(Arthur, Hom), and sports style items (Puma, Borg).You can also find designers such as Clémence de Gabriac, Les Insurgés, and Monsieur Moore.
  • Synergee — Synergee is a company that specializes in animation solutions. Their ambition is to create the European leader in cloud solutions for the management and the performance of commercial networks.
  • Mirakl Target2Sell — Target2Sell is the first open & real-time Artificial Intelligence platform dedicated to the hyper-personalization of the customer experience, for all digital channels and compatible with all retail commerce solutions. Already more than 450 retailer websites (Sephora, Galeries Lafayette, Yves Rocher, BUT, Micromania, Auchan, Monoprix, Camaïeu,Etam, Manutan ...) have adopted it and increase their sales tenfold: join them in 1-to-1 commerce revolution!Co-founders:François Ziserman: François has extensive experience in the software industry. He founded and managed multiple software companies (Wokup, Medience) and has been an e-commerce consultant for over seven years (Araok). He was advisor of some major businesses on their e-commerce strategy (Darty, Alinéa, American Express, etc.).Adrien Coutarel: Adrien worked for more than six years for a large e-commerce software company. In this job he dealt with a large range of issues, with one common challenge: the increase of sales through merchandising. Among his clients were HP, Asos, and Otto.
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Chroma Impact Investment
VC Fund · Braine-l'alleud, Brabant Wallon, Belgium · 2 investments in Belgium Marketplace startups

Chroma Impact Investment is an investment firm that transition towards sustainable and renewable sources of energy production. As a company that invests in and develops industrial energy projects, Chroma acts as a catalyst for this transition.Their current geographic focus is in Europe and Africa.Their shareholders come from Belgian industrialfamilies who want to participate in the energy transition while contributing concretely to the development of meaningful projects with a positive social and environmental impact.

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Investment focus

  • Industry: Renewable Energy, Drones, Software
  • Stage:Seed, Series A
  • Geography: Kenya, Belgium

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sitemark — Leverage AI-driven analytics, drone data, and automated workflows to optimize planning, construction, and operations across your entire solar portfolio.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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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, Venture - Series Unknown
  • Geography: Belgium, United Kingdom, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Seed $1.1M–$1.9M; Series A $4M–$11M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $25M 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 — Hold moonbird in your hand and breathe along. A tactile, screen-free breathing coach trusted by 80,000+ users for less stress, better sleep, and more calm.
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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: 6
  • Round size: Series B $11M–$19M
  • Lead/follow: 50% lead, 50% 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, Grant
  • Geography: Belgium, United States

Investor stats

  • Total investments: 8
  • Round size: Series A $658k–$18M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Invineo — Invineo design and development of a "smart machine" for catering and hospitality professionals.
  • VolitionRx — We are dedicated to revolutionizing the diagnosis and monitoring of life-altering diseases by advancing the science of epigenetics.
  • 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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Plug & Play
VC Fund · Munich, Bayern, Germany · 1 investments in Belgium Marketplace startups

We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond.

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Investment focus

  • Stage:Seed

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Pipra — PIPRA AG (Pre-Interventional Preventive Risk assessment) is developing a cutting-edge AI-based pre-operative test to assess a patient's risk of suffering from cognitive disorders after surgery.
  • Prismpop — Prismpop is a shopping community where users share their favorite products, shopping advice, product reviews, beauty secrets, fashion tips, food ideas and more.
  • Steady Technologies, Inc. — Steady Rent offers property managers solutions that share the same goal: Remove risk for property owners, boost profits for property managers, and save time with automation.
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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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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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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Marketplace startups, 13 in the past 12 months

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, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Belgium, United Kingdom, Germany

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • Powernaut — We build the software to run the energy system of tomorrow. Our virtual power plants create unseen before, but a necessity in our clean energy transition.
  • Vendorvue — Vendorvue revolutionize vendor management for procurement teams.
  • 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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LeanSquare
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Marketplace startups

New Economy Startups Investor & Accelerator

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Investment focus

  • Industry: Software, Music, Internet
  • Stage:Seed, Series A
  • Geography: Belgium, France, United States

Investor stats

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

Portfolio highlights

  • Un:Hurd Music — Welcome to the one stop music marketing shop. We help you understand your audience before creating award winning release strategies.
  • ClimateCamp — Looking for a sustainable way to collaborate with your suppliers on emissions reduction projects? Look no further than our platform - Book a demo for free!
  • Base for music — Base for Music is the marketing solution specialized in fan acquisition, enabling you to achieve your growth goals and providing you with transparent da...
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LeadBlock Partners
VC Fund · London, England, United Kingdom · 1 investments in Belgium Marketplace startups

LeadBlock Partners is a european venture capital fund investing in B2B blockchain/digital assets solutions. We focus on start-ups solving concrete digitization challenges across industries. At LeadBlock Partners, we invest in Blockchain entrepreneurs building the next phase of the Data Economy. Similarly to how the Internet reinvented the waywe transact goods and services through e-commerce, Blockchain will transform how industries own, share and harness data. Our industry focus includes HealthTech, Food/AgTech, FinTech, PropTech, EnergTech.. All of these fields are facing rising digitization challenges where Blockchain properties have an essential role to play.

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Investment focus

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

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • Kiln — Stake your treasury directly, or bring staking to your users through our whitelabel product.
  • Usual — Usual Labs operates as a decentralized finance(DeFi) protocol.
  • Talos — Talos powers institutional access to the digital assets market - With full trade lifecycle coverage from price discovery through to execution and settlement.
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Industrya
VC Fund · Seraing, Liege, Belgium · 1 investments in Belgium Marketplace 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
  • Geography: Belgium, France

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • PureNat — PureNat is a deep-tech economy company that has developed a brand new patented biomimetic material for the purification of air and sustainable air pollution control solutions.
  • Get Your Way — Discover the future of assisted reality with Get Your Way's aRdent smart glasses. Perfect for SMEs looking for innovative solutions to improve their business
  • SpotLight — SpotLight provides breakthrough dynamic detection of subsurface movements.
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TOKAI
VC Fund · Gifu, Gifu, Japan · 1 investments in Belgium Marketplace startups

TOKAI specializes in rental of dispensing pharmacies for hospital linen supplies and outsourcing of outsourced nursing care.

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Investment focus

  • Industry: Eyewear, Medical, Robotics
  • Stage:Angel, Series C
  • Geography: Japan, Belgium

Investor stats

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

Portfolio highlights

  • INNOPHYS — INNOPHYS is developing, designing, manufacturing, consulting and distributing robotics equipment for various industries. Their flagship product, Muscle Suit® is a wearable robot supported by artificial muscle technology, well known for its high quality and reasonable price compared with the same kind of support exoskeletons. The company is planningto expand its business to Asia Pacific, Europe, and North America.
  • 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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Ninepointfive
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Marketplace startups

Ninepointfive is a venture capital fund that co-invests with corporates to take tech-based startups from pre-seed funding to maturity. A trusted partner with brands like Beiersdorf, Telenet, and Agfa, Ninepointfive helps founders deploy the inherent value of corporate acceleration. The Ninepointfive proprietary methodology offers speed, growth,value, and skin in the game. fully engaged and focused, with a positive and pragmatic approach. This is ninepointfive.

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Investment focus

  • Industry: E-Commerce, E-Commerce Platforms, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: The Netherlands, Belgium, Spain

Investor stats

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

Portfolio highlights

  • Eccocar — Launch, operate and scale your digital shared mobility services. Technology that takes mobility to the next level!
  • MakerVerse — Makerverse is the platform for sourcing all your industrial parts - from prototyping to production. Upload your design and receive instant quotes.
  • Penny Black — Penny Black is the only marketing channel with a 100% open rate that allows brands to use the unboxing moment to retain customers, increase CLTV and build loyalty. Our platform and print tech helps ecommerce marketers to create hyper-personalised campaigns and flyers that can be added to customers’ orders during the pick-and-pack process.
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Courtside Ventures
VC Fund · New York, New York, United States · 1 investments in Belgium Marketplace startups

Courtside Ventures is the leading early-stage fund focused on Sports, Lifestyle, and Gaming. We invest in passionate entrepreneurs.

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Investment focus

  • Industry: Gaming, Sports, Fitness
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 126
  • Lead/follow: no public data

Portfolio highlights

  • Fello — Fello is a savings and investment platform that helps to save, invest and earn higher returns than a traditional savings account.
  • 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.
  • Storycraft — Storycraft is a mobile video game creation platform with AI-powered maps, characters, and gameplay.
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Marketplace VC funding in Belgium at a glance

Stats across 204 deals from 204 investors.

204
investors
in Belgium Marketplace startups
204
deals
in Belgium Marketplace startups
$2.2M
median round
in Belgium Marketplace startups
45%
lead investors
lead at least one round
28%
Seed
most common funding stage

Access all 204 VC funds in Belgium Marketplace startups.

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