# Dedicated

> Dedicated is a VC fund in Luxembourg backing Automotive, Open Source and Service Industry. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Luxembourg, Luxembourg
- Total investments: 3
- Last investment: Jan 2025
- Lead investor: 0%
- Last updated: Aug 2026
- Website: https://dedicated.lu/

Dedicated is a VC fund in Luxembourg focused on Automotive and Open Source. Dedicated allows to pick and choose the companies to want to invest in based on investment philosophy.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.4M–$4.3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Automotive | 1 | 33% |
| Open Source | 1 | 33% |
| Service Industry | 1 | 33% |
| Autonomous Vehicles | 1 | 33% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 67% |
| Series A | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Belgium | 1 | 33% |
| Luxembourg | 1 | 33% |
| Switzerland | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Passbolt | Passbolt is an open source password manager designed for the needs of Agile and DevOps teams. It is better because it is: highly collaborative, interoperable (Open API), open source, based on standards (PGP). Passbolt can be used in the cloud or on-prem for maximum data ownership. | $8M | Series A | Jan 23, 2025 |  |
| IVEX | At IVEX, we are creating a safety co-pilot to make existing decision making platforms for autonomous driving safe. Our technology is based on years of research performed at KU Leuven University in Belgium. Our unique IP and team experience in behavior planning and functional safety enables the development of safe and reliable autonomous systems toreduce the traffic victims to zero by 2030. | $2.4M | Seed | Feb 23, 2023 |  |
| ClearSpace | ClearSpace is a spin-off of EPFL and was founded in early 2018 to lead the development of sustainable in-orbit services in the tracks of the EPFL CleanSpace One (CSO) mission. ClearSpace develops on-orbit technologies and provides services for non-functional satellites in orbit. ClearSpace has signed a service contract with ESA to lead the firstmission to remove a Space Debris autonomously called ClearSpace-1. | $4.3M | Seed | Jun 30, 2021 |  |

3 of 3 investments shown.

## Co-investors
- [Swisscom Ventures](https://shizune.co/investors/profile/swisscom-ventures) — VC Fund, 2 deals together
- [Airbridge Equity Partners](https://shizune.co/investors/profile/airbridge-equity-partners) — VC Fund, 1 deal together
- [Bondi Capital S.A.](https://shizune.co/investors/profile/bondi-capital-s-a) — VC Fund, 1 deal together
- [Carricha Capital](https://shizune.co/investors/profile/carricha-capital) — VC Fund, 1 deal together
- [Carrick Capital Partners](https://shizune.co/investors/profile/carrick-capital-partners) — VC Fund, 1 deal together
- [Digital Tech Fund](https://shizune.co/investors/profile/digital-tech-fund-a23b) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [PMV](https://shizune.co/investors/profile/pmv-eu) — VC Fund
- [Limburgse Reconversie Maatschappij](https://shizune.co/investors/profile/limburgse-reconversie-maatschappij) — VC Fund
- [Qbic Fund](https://shizune.co/investors/profile/qbic-fund) — VC Fund

## Featured in investor lists
- [Software Investors in Luxembourg](https://shizune.co/investors/software-investors-luxembourg)
- [Software VC Funds in Luxembourg](https://shizune.co/investors/software-vc-funds-luxembourg)
- [Automotive Investors in Belgium](https://shizune.co/investors/automotive-investors-belgium)
- [Automotive VC Funds in Belgium](https://shizune.co/investors/automotive-vc-funds-belgium)

## FAQ

### What does Dedicated invest in?

Dedicated invests primarily in Automotive, Open Source and Service Industry startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in Belgium. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Dedicated's check size?

Dedicated typically joins rounds of $2.4M–$4.3M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Dedicated participates in.

### When did Dedicated last invest?

The most recent investment recorded for Dedicated closed in Jan 2025. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
