# Limburgse Reconversie Maatschappij

> Limburgse Reconversie Maatschappij is a VC fund backing Information Technology. See 98 investments, check sizes, portfolio and contact details. Updated Aug…

- Type: VC Fund
- Location: Hasselt, Belgium
- Total investments: 98
- Last investment: Jul 2026
- Lead investor: 12%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/49353
- X (Twitter): https://www.twitter.com/lrm_nv
- Website: http://www.lrm.be/en

Limburgse Reconversie Maatschappij is a VC fund in Hasselt focused on Information Technology and Software. LRM is an investment company that develops and stimulates economic growth in Limburg. We provide a solid foundation so that companies and projects that create jobs in Limburg can grow. Our financial resources and expertise, together with the assets of Limburg, provide a unique breeding ground.

## Contacts

5 contacts available for Limburgse Reconversie Maatschappij. Shizune tracks 15 team members at Limburgse Reconversie Maatschappij. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/limburgse-reconversie-maatschappij?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $494k–$5.2M |
| Series A | $1.6M–$11M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 21 | 21% |
| Software | 15 | 15% |
| Biotechnology | 10 | 10% |
| Manufacturing | 10 | 10% |
| Medical | 8 | 8% |

122 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 39 | 40% |
| Seed | 22 | 22% |
| Series A | 17 | 17% |
| Series B | 7 | 7% |
| Venture - Series Unknown | 4 | 4% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Belgium | 67 | 68% |
| The Netherlands | 4 | 4% |
| United States | 3 | 3% |
| United Kingdom | 2 | 2% |
| Germany | 1 | 1% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Inne Hesemans | Secretary of the Board | 0 | https://shizune.co/investors/profile/inne-hesemans |
| Koen Nulens | Senior Investment Manager | 0 | https://shizune.co/investors/profile/koen-nulens |
| Luc Driesen | Team Member | 0 | https://shizune.co/investors/profile/luc-driesen |
| Rik van Hensberg | Property Manager | 0 | https://shizune.co/investors/profile/rik-van-hensberg |
| Tom Aerts | Head of Technology & Services | 5 | https://shizune.co/investors/profile/tom-aerts |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Optiflux | Optiflux is an innovative device that automates the entire fresh fruit storage management process. Optiflux's expertise combines fruit physiology knowledge with cutting-edge technology. | $2.9M | Seed | Jul 09, 2026 |  |
| Monsana | Monsana offers an AI-powered platform that connects eligible participants to relevant clinical trials throughout Europe. | $590.8K | Pre-Seed | Sep 23, 2025 |  |
| ADLC | ADLC employs drone technology to deliver logistics services, allowing businesses to implement drone-based solutions without having to manage them in-house. The company is focused on enhancing last-mile delivery in maritime and offshore environments. ADLC now conducts drone delivery services in the Port of Antwerp in collaboration with SGS, atesting and certification company, and works with companies such as BASF. Its drones have reduced delivery times and environmental effect, boosting efficiency sixfold and lowering CO2 emissions by up to 80% for petrochemical sample deliveries. | $2.2M | Seed | Jan 31, 2025 |  |
| Aidoptation | Aidoptation develops autonomous driving technology for dual-use applications in commercial automotive, police and first-responder vehicles, and defence-relevant environments. | $5.2M | Seed | Jan 07, 2025 |  |
| Hyperfox | The tailored eCommerce platform for the Wholesales industry. All you ever needed to grow your Wholesales enterprise. | $2.3M | Seed | Jan 01, 2025 |  |
| FlexGRIP | Bedal was founded based on the personal experiences of one of the founders. When David was diagnosed with cancer, he was hospitalized regularly for treatment. During this treatment, he was confronted with the practical difficulties of showering with an intravenous catheter. Based on this experience he set out to solve this disadvantage and tocreate solutions for this common problem. | $11.1M | Venture - Series Unknown | Jul 12, 2024 |  |
| Raw Stadia | Raw Stadia is a sports technology company that specializes in surface player interactions. | $1.6M | Seed | Dec 13, 2023 |  |
| xyzt.ai | xyzt.ai is a SaaS platform for ANALYTICS, REPORTING and VISUALIZATION of big location data in the Maritime & Ports, Smart City and Logistics industries. EASY & EFFORTLESS | $1.1M | Seed | Oct 23, 2023 |  |
| Hyperfox | The tailored eCommerce platform for the Wholesales industry. All you ever needed to grow your Wholesales enterprise. | $1.1M | Pre-Seed | Feb 01, 2023 |  |
| Cumul.io | Cumul.io is a cloud analytics platform for business experts & SaaS companies to integrate intuitive yet powerful data visualization into their daily lives. | $11M | Series A | Jan 17, 2023 |  |

10 of 98 investments shown.

## Co-investors
- [Force Over Mass Capital](https://shizune.co/investors/profile/force-over-mass-capital) — VC Fund, 12 deals together
- [Gemma Frisius Fund](https://shizune.co/investors/profile/gemma-frisius-fund) — VC Fund, 7 deals together
- [SmartFin](https://shizune.co/investors/profile/smartfin) — VC Fund, 7 deals together
- [Vesalius Biocapital Partners](https://shizune.co/investors/profile/vesalius-biocapital-partners) — VC Fund, 6 deals together
- [Axeleo Capital](https://shizune.co/investors/profile/axeleo-sas) — VC Fund, 5 deals together
- [LRM](https://shizune.co/investors/profile/lrm-a6db) — VC Fund, 5 deals together

## Similar investors

### Similar industry
- [SVG Ventures](https://shizune.co/investors/profile/svg-ventures) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Omnivore](https://shizune.co/investors/profile/omnivore-partners) — VC Fund

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

### Similar country
- [PMV](https://shizune.co/investors/profile/pmv-eu) — VC Fund
- [Qbic Fund](https://shizune.co/investors/profile/qbic-fund) — VC Fund
- [Pitchdrive](https://shizune.co/investors/profile/pitchdrive) — VC Fund

## Featured in investor lists
- [All Investors in Belgium](https://shizune.co/investors/investors-belgium)
- [All VC Funds in Belgium](https://shizune.co/investors/vc-funds-belgium)
- [SaaS Investors in Belgium](https://shizune.co/investors/saas-investors-belgium)
- [SaaS VC Funds in Belgium](https://shizune.co/investors/saas-vc-funds-belgium)
- [Enterprise VC Funds in Belgium](https://shizune.co/investors/enterprise-vc-funds-belgium)
- [Software VC Funds in Belgium](https://shizune.co/investors/software-vc-funds-belgium)

## FAQ

### What does Limburgse Reconversie Maatschappij invest in?

Limburgse Reconversie Maatschappij invests primarily in Information Technology, Software and Biotechnology startups, most often at Funding Round and Seed stage. Most of the 98 investments tracked by Shizune back companies in Belgium. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Limburgse Reconversie Maatschappij's check size?

Limburgse Reconversie Maatschappij typically joins rounds of $494k–$5.2M at Seed and $1.6M–$11M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Limburgse Reconversie Maatschappij participates in.

### How do I contact Limburgse Reconversie Maatschappij?

Public channels for Limburgse Reconversie Maatschappij 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 Limburgse Reconversie Maatschappij?

The team at Limburgse Reconversie Maatschappij includes Inne Hesemans (Secretary of the Board), Koen Nulens (Senior Investment Manager) and Luc Driesen (Team Member), among 15 team members tracked by Shizune. 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 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