Top 5 Non Profit VC (Venture Capital) Funds in Belgium in September 2025

Last updated: Sep 2025 A list of 5 VC (Venture Capital) funds that invest in Non profit startups based in Belgium. We rank investors based on the number of investments they made in Non profit companies from Belgium. We update this investor list every month.

Top 5 Non Profit VC (Venture Capital) Funds in Belgium in September 2025

Investor	Non Profit Belgium investments
Klass Capital	1
Scale II	1
Theodorus III	1
Finance.Brussels	1
CapitalOven	1

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Investor list

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

Investment focus

Software, SaaS, Enterprise Software
Funding Round, Seed, Series A
Canada, United States, Belgium

Portfolio highlights

Workwize — Provide and maintain any kind of remote equipment for your workforce, no matter where they are
Coconut Software — Put the right expert in the right channel at the right time, so no opportunity is lost.
Manifest Climate — Rapidly extract key datapoints from disclosures to uncover ESG insights, comply with reporting requirements, and effectively manage risk.

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

Investment focus

Internet, Security, Wellness
Series A, Funding Round
Belgium, France

Portfolio highlights

Kaspard — Kaspard is a non-intrusive system that provides more security to residents while respecting their privacy.
moonbird — Slow breathing is the easiest way to relieve stress and promote relaxation. Moonbird makes it intuitive and easy to do breathing exercises.
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.

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

Investment focus

Health Care, Life Science, Medical
Funding Round, Seed, Series A
Belgium, Canada, France

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.
HYPNO VR — HypnoVR is a virtual reality software for anesthesia, treatment of pain, and anxiety. It was founded in 2016 and is based in Strasbourg, France.
Cascador Health — Cascador Health bridges the gap between sources and users of healthcare data. Using curated, validated and anonymized RWD allows healthcare providers and life science industry to gain insights and provide better care.

Regional Investment Company of Brussels

Investment focus

Software, Information Technology, Financial Services
Seed, Funding Round, Series A
Belgium, France

Portfolio highlights

Fyteko — For a more sustainable agriculture
AnyKrowd — Anykrowd specializes in providing an all-in-one cashless payments and ticketing solution aimed at enhancing event experiences. The company focuses on increasing revenue for event organizers while reducing operational costs. Anykrowd's platform is designed to support the creation of various ticket types, including early bird, multiple days, andVIP tickets, catering to the diverse needs of events. With a commitment to technological innovation, Anykrowd continuously develops new tools to stay aligned with the evolving demands of the event industry. The company also emphasizes sustainability and the future of event management by offering easy-to-use event technology and management tools.
VoxelSensors — Spatial and Empathic Computing. Bringing empathic abilities to XR and mobile devices by understanding user attention and intent.

CapitalOven is an early-stage venture capital firm investing in AI/ML, Generative AI, and technology startups — from Seed to Series A — across India and globally.With $500M in Assets Under Management (AUM), we focus on Seed to Series A investments, backing startups with strong vision, scalable technology, and global ambition. Based in Indiaand investing across borders, CapitalOven takes a founder-first approach, offering not just capital but also strategic guidance, ecosystem access, and long-term support from idea to scale.