# Top 50 Medical VC (Venture Capital) Funds in Belgium in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Meusinvest (Noshaq) | 9 | Belgium, France, Germany | Series A, Seed | Biotechnology, Health Care, Medical |
| Newton Biocapital | 5 | Belgium, Japan, France | Series A, Seed | Biotechnology, Medical, Health Care |
| Capricorn Partners | 5 | Belgium, United States, The Netherlands | Series A, Series B | Biotechnology, Software, Health Care |
| Limburgse Reconversie Maatschappij | 5 | Belgium, United States, The Netherlands | Seed, Series A | Information Technology, Software, Biotechnology |
| Qbic Fund | 4 | Belgium, The Netherlands | Seed, Series A | Biotechnology, Software, Health Care |
| V-Bio Ventures | 4 | Belgium, France, United States | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| Mérieux Equity Partners | 3 | France, United States, Belgium | Series A, Series B | Health Care, Biotechnology, Medical |
| S.R.I.W. | 3 | Belgium, United States, Spain | Series A, Series B | Health Care, Biotechnology, Manufacturing |
| WING by Digital Wallonia | 3 | Belgium | Seed, Convertible Note, Series A | Software, Health Care, SaaS |
| PMV | 3 | Belgium, United States, The Netherlands | Series A, Seed | Software, Biotechnology, Health Care |
| Gemma Frisius Fund | 3 | Belgium, France, United Kingdom | Seed, Series B, Series A | Biotechnology, Health Care, Medical |
| Fund+ | 3 | Belgium, United States, Spain | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |
| GoBeyond | 3 | Switzerland, Germany, United Kingdom | Seed, Series A | Information Technology, Medical, Software |
| Thuja Capital | 2 | The Netherlands, Belgium, United States | Series A, Seed | Biotechnology, Medical, Health Care |
| Forbion Capital Partners | 2 | United States, United Kingdom, The Netherlands | Series B, Series A, Series C | Biotechnology, Health Care, Medical |
| Sambrinvest | 2 | Belgium, France, Spain | Seed, Series A, Series B | Biotechnology, Health Care, Medical |
| Spinventure | 2 | Belgium | Series A | Health Care, Biotechnology, Medical |
| BioGeneration Ventures | 2 | The Netherlands, United States, Belgium | Series A, Seed | Biotechnology, Therapeutics, Health Care |
| Flanders Future Techfund | 2 | Belgium, The Netherlands | Seed, Series A | Medical, Biotechnology, Clinical Trials |
| Be Angels | 2 | Belgium, France, Luxembourg | Seed, Pre-Seed | SaaS, Software, Health Care |
| Volta Ventures | 2 | Belgium, The Netherlands, United States | Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Buysse & Partners | 2 | Belgium, United Kingdom, The Netherlands | Series A, Seed | Software, Cloud Computing, FinTech |
| Inventures SA | 2 | Belgium, France, United Kingdom | Series A, Seed | Health Care, Biotechnology, Manufacturing |
| BAN Vlaanderen | 2 | Belgium | Seed, Series A | Health Care, Medical, Apps |
| Omnes Capital | 2 | France, Germany, United States | Series A, Series B | Software, Biotechnology, Health Care |
| White Fund | 2 | Belgium, United States | Seed, Series A | Health Care, Medical, Medical Device |
| BIP Investment Partners | 1 | Belgium | Series A, Series B | Video, Medical, Software |
| Integrale Advisors | 1 | Belgium | Series A | Medical, Health Care, Therapeutics |
| Limburg Startup | 1 | The Netherlands, France, Belgium | Series A, Series B | Biotechnology, Life Science, Health Care |
| Financière Spin-Off Luxembourgeoise | 1 | Belgium | Series A | Medical, Health Care, Medical Device |
| New Rhein | 1 | United States, Israel, Belgium | Series B, Series A, Seed | Medical, Biotechnology, Health Care |
| Nivelinvest | 1 | Belgium, United States | Series A, Seed | Biotechnology, iOS, Sports |
| New Science Ventures | 1 | United States, United Kingdom, Belgium | Series B, Series A | Biotechnology, Health Care, Medical |
| SoFi | 1 | Belgium, United States, Brazil | Series A, Seed | Software, Apps, FinTech |
| Manuardeo | 1 | Belgium | Series A, Series B | Medical, Diabetes, Health Care |
| Fidimec | 1 | Belgium | Series A, Seed | Industrial, Semiconductor, Medical |
| Sensinnovat | 1 | Belgium, France | Seed, Series A, Series B | Health Care, Manufacturing, Medical Device |
| imec.xpand | 1 | Belgium, United States, Germany | Seed, Series A, Series B | Semiconductor, Manufacturing, Medical Device |
| Crédit Mutuel Innovation | 1 | France, United States, Canada | Series A, Series B | Software, Health Care, Biotechnology |
| Parana Management | 1 | Belgium | Series A, Series B | Medical, Diabetes, Health Care |
| Notger invest | 1 | Belgium | Series A | Medical, Health Care |
| KBC Focus Fund | 1 | Belgium, The Netherlands, France | Seed, Series A | Semiconductor, Manufacturing, Electronics |
| Fortino Capital | 1 | Belgium, The Netherlands, Germany | Series A, Seed | Software, Information Technology, SaaS |
| Innovation Fund | 1 | Belgium, France, Luxembourg | Seed, Series A | Health Care, Manufacturing, Information Technology |
| Theodorus III | 1 | Belgium, Canada, France | Seed, Series A | Health Care, Life Science, Medical |
| Smedvig | 1 | Belgium, Romania, South Africa | Series A, Series C | Mining, Medical, Software |
| 6K Venture Capital | 1 | Panama, Belgium | Seed, Series A | Medical, Software, Health Care |
| Spreds | 1 | Belgium, France | Series A, Seed, Series B | E-Commerce, Health Care, Online Portals |
| Gesval | 1 | Belgium | Seed, Series C | Medical, Software, Wellness |
| Droia Ventures | 1 | United States, Belgium, The Netherlands | Series A, Series B, Series C | Biotechnology, Medical, Therapeutics |

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