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Top 5 Non Profit VC Funds & Investors in Belgium (July 2026)

The most active venture capital funds investing in Belgium Non Profit startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Non Profit startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
CapitalOven
VC Fund
1 India, United States, Spain Seed, Series A, Pre-Seed Artificial Intelligence, Software, Information Technology $250k–$6M
Scale II
VC Fund
1 Belgium, India, France Series A, Series C Fashion, Internet, Security $3.3M–$3.4M
Theodorus III
VC Fund
1 Belgium, Canada, France Seed, Series A Health Care, Life Science, Biotechnology $2.2M–$18M
Klass Capital
VC Fund
1 Canada, United States, Belgium Series A, Seed Software, SaaS, Enterprise Software $1M–$22M
Finance.Brussels
VC Fund
1 Belgium, France Seed, Series A Software, Information Technology, Financial Services $1.5M–$7M
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Investor list

CapitalOven
VC Fund · Kolkata, West Bengal, India · 1 investments in Belgium Non Profit startups, 48 in the past 12 months

CapitalOven is a venture capital firm backing early-stage AI & GenAI founders from Seed to Series A.

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Investment focus

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

Investor stats

  • Total investments: 129
  • Round size: Seed $420k–$3M; Pre-Seed $250k–$800k; Series A $2.5M–$6M
  • Lead/follow: 79% lead, 21% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Aktwist — AI-Powered Battle Royale Platform , Experience next-generation gaming with AI-driven combat, immersive environments, and competitive gameplay.
  • Sahinov — Generate launch-ready visuals from a simple prompt
  • SocheraAI — Turn your ideas into professional videos, realistic voiceovers, and high-quality content, all from a single AI-powered platform. No editing skills required.
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Scale II
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Non Profit startups

ScaleFund is a post-business angel, pre-venture capital/corporate partnership fund operating across Belgium.

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Investment focus

  • Industry: Fashion, Internet, Security
  • Stage:Series A, Series C
  • Geography: Belgium, India, France

Investor stats

  • Total investments: 5
  • Round size: Series A $3.3M–$3.4M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $8M in 2019

Portfolio highlights

  • IONNYK — IONNYK is a new medium of art photography, containing millions of tiny ink capsules.
  • Jeudimerci — JeudiMerci is a marketing platform that enables users to send physical items as easily as an email. It creates a B2B customer experience by seizing every opportunity to create a link with prospects and customers. Its Direct Mail service allows them to trigger the sending of gifts automatically, at key stages of the customer journey.The companywas founded in 2019 and is headquartered in Paris, France.
  • Purple Style Labs — Purple Style Labs is an IIT-Bombay graduate and ex-banker with Deutsche. It aspires to be the biggest fashion house of India managing multiple designer brands in the premium, luxury as well as affordable retail segment.
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Theodorus III
VC Fund · 1 investments in Belgium Non Profit 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, Life Science, Biotechnology
  • Stage:Seed, Series A
  • Geography: Belgium, Canada, France

Investor stats

  • Total investments: 15
  • Round size: Seed $3.7M–$18M; Series A $2.2M–$6.6M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • DrugBank — DrugBank augments human intelligence to improve the world’s health. Our suite of products are powered by the world’s most complete and up-to-date pharmaceutical knowledge database. It includes everything there is to know about drugs and how they work in the body. We enable companies to improve healthcare delivery through precision medicine orclinical software applications, as well as uncover insights through data science in drug discovery. Our knowledge base can be integrated into software solutions to help achieve clinical intelligence. Companies can easily scale their usage through our API and launch faster with flexible data modules. By providing users with advanced insights and the right information at the right time, users are empowered to make better health decisions.Our extensive, structured datasets are used to discover novel drug candidates, identify drug repurposing opportunities, and build predictive machine learning models. Companies working with data science can find answers quickly and get drugs to market faster with our evidence-based drug information. Lastly, our publicly available resource, DrugBank Online, is free-to-use with limited datasets available for download for academic and non-commercial researchers. DrugBank has been cited in over 13,000 academic publications and is used by millions of researchers and health professionals globally.
  • 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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Klass Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in Belgium Non Profit startups

We acquire high quality and mission-critical software businesses with great people.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Series A, Seed
  • Geography: Canada, United States, Belgium

Investor stats

  • Total investments: 31
  • Round size: Seed $1M–$4.8M; Series A $1M–$22M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2012

Portfolio highlights

  • Rightsline — Powerful rights and royalties software trusted by global content & IP owners to manage, simplify, and maximize IP commerce.
  • Wonderflow — The AI platform that transforms customer feedback into actionable insights
  • Coconut Software — Put the right expert in the right channel at the right time, so no opportunity is lost.
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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Non Profit startups

Regional Investment Company of Brussels

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Seed, Series A
  • Geography: Belgium, France

Investor stats

  • Total investments: 24
  • Round size: Seed $1.5M–$5.4M; Series A $2.3M–$7M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • AI-Blox — A modular & flexible hardware and software platform for edge AI applications.
  • Otamiser — Otamiser Booster® is an automated solution that helps hoteliers and revenue managers secure bookings by improving a property's online presence on major OTAs such as Booking.com, Expedia, Trips.com, Kayak, Airbnb, and VRBO. It maximizes occupancy rates and revenue through optimizing 951 essential parameters, ensuring continuous optimization,full automation, seamless integration with CMS, PMS, and RMS systems, dedicated customer support, integrations with Cubilis and Hostaway, and a customized API for Revenue Management software.
  • AILOS Robotics
Show all investments...

Non Profit VC funding in Belgium at a glance

Stats across 6 deals from 8 investors.

8
investors
in Belgium Non Profit startups
6
deals
in Belgium Non Profit startups
$2.9M
median round
in Belgium Non Profit startups
38%
lead investors
lead at least one round
50%
Series A
most common funding stage

Access all 8 VC funds in Belgium Non Profit startups.

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