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Top 10 Photography VC Funds & Investors in Belgium (October 2026)

The most active venture capital funds investing in Belgium Photography startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Photography startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Volta Ventures
VC Fund
3 Belgium, The Netherlands, United States Seed, Series A, Pre-Seed Software, Information Technology, SaaS $850k–$8.8M
PROfounders Capital
VC Fund
2 United Kingdom, United States, Finland Seed, Series A, Series B Software, SaaS, Apps $1.3M–$60M
WING by Digital Wallonia
VC Fund
2 Belgium Seed, Convertible Note, Series A Software, Health Care, SaaS $61k–$12M
Invest BW
VC Fund
2 Belgium, Germany Grant, Series A, Seed Health Care, Biotechnology, Medical Device $215k–$18M
Be Angels
VC Fund
1 Belgium, France, Luxembourg Seed, Pre-Seed, Venture - Series Unknown SaaS, Software, Information Technology $78k–$1.5M
SCALE I
VC Fund
1 Belgium Seed Photography
LeanSquare
VC Fund
1 Belgium, France, United States Seed, Series A Software, Music, Information Technology $200k–$12M
Hera Capital
VC Fund
1 Singapore, Indonesia, Norway Series A, Venture - Series Unknown Analytics, E-Commerce, SaaS $2.3M–$20M
Scale II
VC Fund
1 Belgium, India, France Series A, Series C Fashion, Internet, Security $3.3M–$3.4M
Sambrinvest
VC Fund
1 Belgium, France, Spain Seed, Series A, Series B Biotechnology, Health Care, Medical $544k–$49M
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 3 investments in Belgium Photography startups

Volta Ventures backs ambitious B2B software founders in the Benelux with early-stage capital, strategic guidance and long-term support.

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Investment focus

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

Investor stats

  • Total investments: 92
  • Round size: Seed $850k–$5.2M; Pre-Seed $1M–$1.3M; Series A $2.2M–$8.8M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely actively investing — fresh fund, raised $22M in 2025

Portfolio highlights

  • Kyvvu — Kyvvu is an Agent Security Kernel (ASK): an in-process security layer that checks every action an AI agent takes — against the full path of the task so far — and allows, warns, or blocks it before it runs, deterministically, in under a millisecond, without your data ever leaving your environment.
  • Ringtime — Make more placements with the same team. The AI screening agent that reaches frontline candidates via WhatsApp and phone, in 22+ languages.
  • Quadric — quadric.io is a Burlingame, CA-based processor technology company. The q16 Processor is the most comprehensive AI processor that handles any AI and high-performance edge workload.
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PROfounders Capital
VC Fund · London, England, United Kingdom · 2 investments in Belgium Photography startups

We are PROfounders. We are the proactive European early-stage venture fund.

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Investment focus

  • Industry: Software, SaaS, Apps
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Finland

Investor stats

  • Total investments: 95
  • Round size: Seed $1.3M–$7.2M; Series A $3M–$12M; Series B $3.3M–$60M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $87M in 2023

Portfolio highlights

  • Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
  • Kinfolk — Resolve 70% of employee requests, run lifecycle programs on autopilot, gain visibility into service delivery and unlock capacity to scale Workforce Ops.
  • Backbone — AI platform for food & beverage quality teams. Connects standards, audits, supplier data, and customer requirements into one live picture. Automates the admin. Routes the right intelligence to the right person. Faster decisions, fewer blind spots.
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WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Photography startups

W.IN.G by Digital Wallonia invests in SAAS, advanced tech and deep tech startups (AI, drones, medtech, IOT,...). W.IN.G brings smart money by helping startups by bi-weekly interactions and providing an operating teams (seasonal entrepreneurs being hands-on with the portfolio).

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Investment focus

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

Investor stats

  • Total investments: 37
  • Round size: Seed $377k–$1.9M; Series A $1.1M–$12M; Convertible Note $61k–$570k
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • IONNYK — Discover IONNYK, the ePaper Digital Art Frame for art and personal photography, combining Electronic Paper (E Ink), patented technology and elegant home design.
  • MYOCENE — Myocene is a Liège-based sports technology company which creates unique and innovative devices for measuring muscle fatigue and performance.
  • Soil Capital Belgium — Discover Europe's first certified, multi-national carbon farming programme that rewards regenerative agriculture.
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Invest BW
VC Fund · 2 investments in Belgium Photography startups

Invest BW is a funding program.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Grant, Series A, Seed
  • Geography: Belgium, Germany

Investor stats

  • Total investments: 7
  • Round size: Grant $215k–$2.4M; Series A $1.1M–$18M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • VCG.AI — The Intelligence Behind Global Circularity VCG.AI transforms industrial by-products and waste into valuable resources.AI-powered development of circular economy business models with the latest technology, material, market, and regulatory insights.Their proprietary AI solution, the Value Chain Generator®, helps companies, cities, and regionsaccelerate the transition to a circular economy, throughValorisation of By-products and Waste, Circular Product Development, Regional Circular Opportunities Assessment. When organisations want to better valorise by-products and waste, develop or source circular materials, or enhance circularity in their value chains, VCG.AI analyses thousands of data points to deliver the optimal solution tailored to their specific needs and locations. What once took months or years can now be achieved in just weeks—without the need to hire additional technology or bioeconomy experts. VCG.AI’s ever-expanding system includes: - 650+ validated circular solutions - 150+ different proven valorisation technologies - 3.5 M companies - 4M tons of project-ready organic residuals across EuropeVCG.AI is on a mission to accelerate the transition to a circular economy by unlocking circular opportunities for businesses worldwide. Learn more about them at www.vcg.ai.
  • IONNYK — Discover IONNYK, the ePaper Digital Art Frame for art and personal photography, combining Electronic Paper (E Ink), patented technology and elegant home design.
  • Minagro — Minagro develops high-quality green products for crop care. Minagro conducts research activities in confirmed proprietary technologies from green and specialty chemistries.
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Be Angels
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 1 investments in Belgium Photography startups

Early stage Entrepreneurs Coaching and FinancingOne of Europe's leading Business Angels Networks. We connect innovative growth companies to equity finance and coaching by experienced angel investors. The network is 250 members strong and has been assisting innovative entrepreneurs to find financing for more than 10 millions Euros in thelast 4 years.

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Seed $251k–$1.5M; Pre-Seed $78k–$571k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • ChainComply — ChainComply provides enhanced KYT due diligence solutions for banks and VASPs and relieves them from stressing over incoming transfers from crypto exchanges. 
ChainComply develops a SaaS tool that scans the client's crypto exchange and blockchain transaction history to reveal the source of funds of crypto holders. The company solutionsimplifies complex transaction streams, and then it identifies high-risk transactions and patterns, enabling AML teams to understand their clients better and meet regulatory obligations efficiently.
  • Visiblie — We get your brand recommended by ChatGPT, Perplexity, Gemini, Claude and every major AI search engine in weeks. Done for you.
  • TalentGuide — Unlock workforce potential with Talentguide's skills intelligence platform, transforming ambition into measurable ability through actionable insights and personalized development paths.
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SCALE I
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Photography startups

SCALE I is the first investment fund dedicated to the financing and development of scale-up projects, previously financed by members of the Be Angels network.

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Investment focus

  • Industry: Photography
  • Stage:Seed
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Utopix Pictures — Utopix is a team determined to find the perfect photographer/videographer for you and will help carry out all your business projects. At Utopix, they know that a picture is worth a thousand words. But they also know that it is difficult to find the right professional who is able to transform your ideas into images quickly and easily.
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LeanSquare
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Photography startups

New Economy Startups Investor & Accelerator

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Investment focus

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

Investor stats

  • Total investments: 46
  • Round size: Seed $200k–$2M; Series A $247k–$12M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
  • Gamevestor — Be more than a player. Invest in expert-selected video game projects and earn a share of their commercial revenues.
  • CityLegends — A home for urban sports & culture partners of CityLegends. Making the lines.
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Hera Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Belgium Photography startups

Hera Capital is a Monetary Authority of Singapore Registered Fund Management Company, which focuses on growth capital investments in small-to-mid sized companies within the South-East Asian region. Our portfolio companies enjoy high growth potential and are either established, or looking to accelerate, in South-East Asia.

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Investment focus

  • Industry: Analytics, E-Commerce, SaaS
  • Stage:Series A, Venture - Series Unknown
  • Geography: Singapore, Indonesia, Norway

Investor stats

  • Total investments: 14
  • Round size: Series A $2.3M–$20M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • ActSocial — ActSocial (formerly Wildfire Asia) is the leader in providing both insight and influence in social networks across Asia. ActSocial can give deep information on identifying key trends, social media crises and core topics of interest online.Whether talking online or in the real world, ActSocial's network of 100,000 influencers are experts atcreating effective and scalable word-of-mouth for your brand.ActSocial creates measurable business results through a network of 100,000 consumer influencers, a powerful social CRM suite, and proven analytics methodology. ActSocial's WOM programs have boosted brands' marketing and sales performance, from packaged foods to tourism.
  • Alodokter — App Kesehatan No.1 Di Indonesia. Dapatkan Info Kesehatan Terkini & Terlengkap, Fasilitas Online Booking Rumah Sakit & Dokter, Chat Bersama Dokter, Gratis!
  • Nutrition Technologies — Black Soldier Fly for Animal Nutrition Sustainable insectmeal protein, produced in Malaysia, distributed worldwide. #insectmeat #insectprotein #blacksoldierfly #blacksoldierflylarvae
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Scale II
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Photography 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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Sambrinvest
VC Fund · Gosselies, Hainaut, Belgium · 1 investments in Belgium Photography startups

Sambrinvest is an active venture capital player in the region of Charleroi - Thuin.

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Investment focus

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

Investor stats

  • Total investments: 41
  • Round size: Seed $544k–$24M; Series A $1M–$49M; Series B $4.4M–$45M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Brenus Pharma — Brenus Pharma develops off-the-shelf, next-generation in vivo immunotherapies designed to unlock the immune response against solid tumors.
  • Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
  • 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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Photography VC funding in Belgium at a glance

Stats across 9 deals from 16 investors.

16
investors
in Belgium Photography startups
9
deals
in Belgium Photography startups
$1.4M
median round
in Belgium Photography startups
31%
lead investors
lead at least one round
44%
Series A
most common funding stage

Access all 16 VC funds in Belgium Photography startups.

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