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ING Belgium, VC Fund

ING Belgium

VC Fund

Brussels, Belgium

ING Belgium is a VC fund in Brussels focused on Health Care and Retail. ING Belgium, the Belgian subsidiary of the ING Group, provides retail and commercial banking services to individuals and businesses.

Total investments:
5
Last investment:
Lead investor:
40%

Last updated:

Industries ING Belgium invests in

Health CareRetailFashionGroceryPrivacy

Stages ING Belgium invests in

Debt FinancingSeedPrivate EquityVenture - Series Unknown

Countries ING Belgium invests in

BelgiumLithuania

Round sizes

Debt Financing $116k–$302M

Contacts

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Round size

Debt Financing
$116k–$302M

Investment Focus

Industry

  • Health Care 2 (40%)
  • Retail 1 (20%)
  • Fashion 1 (20%)
  • Grocery 1 (20%)
  • Privacy 1 (20%)
See all 17 industries →

Stage

  • Debt Financing 2 (40%)
  • Seed 1 (20%)
  • Private Equity 1 (20%)
  • Venture - Series Unknown 1 (20%)

Country

  • Belgium 4 (80%)
  • Lithuania 1 (20%)

Team

NameTitleInvestmentsLinksEmail
Peter Adams
Peter Adams Chief Executive Officer
Chief Executive Officer Total investments: 0 Find email
Stephanie van Avesaat
Stephanie van Avesaat Head of ING Labs Brussels
Head of ING Labs Brussels Total investments: 1
Find email

Investments

CompanyDescriptionRoundLinks
MAXIMA GRUPĖ, UAB is a company, registered in 2007, managing retail trade companies in Lithuania, Latvia, Estonia, Bulgaria, and Poland; owning a total of 535 shopping centres of MAXIMA, T MARKET and ALDIK on the basis of the data of 31 December, 2015. The company MAXIMA GRUPĖ is managed by VILNIAUS PREKYBA, UAB, which also owns EUROAPOTHECA, UAB,and ERMITAŽAS, UAB.EUROAPOTHECA manages retail and wholesale pharmaceutical companies in Lithuania, Latvia, Estonia, Poland, and Ukraine. ERMITAŽAS controls store chains of household goods, construction and interior materials ERMITAŽAS and ARKORAMA in Lithuania. The companies of MAXIMA group develop business under a franchise by FRANMAX, UAB. FRANMAX is a company responsible for the provision of franchise for retail trade networks in order to create and strengthen the intellectual property used in retail trade and to increase the competitiveness of the companies of MAXIMA group.FRANMAX is responsible for the establishment of the standards and concepts of retail and wholesale trade, creation and legal protection of the objects of intellectual property, strategic insights and introduction of methods which are necessary for the effective business development. $302.1M / Debt Financing / Oct 10, 2025
Itsme is a secure mobile phone app that lets users log in safely to confirm their personal ID and share data during digital interactions. It is an app that allows users to prove their identity and approve transactions in a safe, easy, and reliable way on their mobile phone. $29.3M / Venture - Series Unknown / Jul 01, 2021
LynxCare is an AI-powered Big Data platform. We enable hospitals to mine their legacy data, to improve clinical efficiency and higher the quality of care. $2M / Seed / Apr 08, 2019
Empower people to choose how they hear the world $116.4K / Debt Financing / Jul 02, 2018
Alter Pharma Alter Pharma
Alter Pharma is a pharmaceutical group that distributes EU-sourced pharmaceuticals to wholesalers and hospitals. Private Equity / Dec 27, 2017

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FAQ

What does ING Belgium invest in?

ING Belgium invests primarily in Health Care, Retail and Fashion startups, most often at Debt Financing and Seed stage. Most of the 5 investments tracked by Shizune back companies in Belgium. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is ING Belgium's check size?

ING Belgium typically joins rounds of $116k–$302M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds ING Belgium participates in.

How do I contact ING Belgium?

Public channels for ING Belgium include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at ING Belgium?

The team at ING Belgium includes Peter Adams (Chief Executive Officer) and Stephanie van Avesaat (Head of ING Labs Brussels). The Team section lists each member with their title, investment count and links.

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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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