# LRM

> LRM is a VC fund in Hasselt backing Manufacturing, Analytics and SaaS. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Hasselt, Belgium
- Total investments: 5
- Last investment: Oct 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/lrm-nv
- Website: https://www.lrm.be/

LRM is an investment company that develops and stimulates economic growth in Limburg. It provides a solid foundation, allowing companies and projects, which create jobs in Limburg, to grow.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 4 | 80% |
| Analytics | 2 | 40% |
| SaaS | 1 | 20% |
| Sensor | 1 | 20% |
| Battery | 1 | 20% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 80% |
| Venture - Series Unknown | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Belgium | 4 | 80% |
| The Netherlands | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 |  |
| MyCellHub | MyCellHub.com is a pre-startup from the KULeuven in the biotherapeutics industry that aspires to reform the way cell production processes are organised. With a regulatory compliant Saas-platform for data management and analytics, we increase the efficiency of your manufacturing processes, provide actionable insights via cell culture specificprocess analytics and facilitate regulatory compliance by means of a real-time audit trail and automated batch records. | $2.1M | Venture - Series Unknown | Dec 15, 2022 |  |
| Aerial Precision | Aerial Precision designs and manufactures intelligence-driven 3D sensing systems for commercial drones and mobile vehicles. | $757.8K | Seed | Aug 25, 2022 |  |
| Solithor | Solithor is a company developing solid-state battery technology. It is spearheading the development, manufacturing, and commercialization of solid-state lithium (Li) battery cell technology to offer high-energy storage solutions. | $10.4M | Seed | May 16, 2022 |  |
| Classified Cycling | A manufacturing company engaged in the development and commercialization of cycling drivetrain products, Classified Cycling develops and manufactures products for the cycling industry. The company utilizes its Powershift technology that improves on the conventional front derailleur and offers electronic shifting, which enables instantaneousshifting under full loads and with uncompromised gear ratios. | $2.4M | Seed | Aug 24, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [Limburgse Reconversie Maatschappij](https://shizune.co/investors/profile/limburgse-reconversie-maatschappij) — VC Fund, 5 deals together
- [The Faktory Fund](https://shizune.co/investors/profile/the-faktory) — VC Fund, 2 deals together
- [Angelwise](https://shizune.co/investors/profile/angelwise) — VC Fund, 1 deal together
- [FPIM](https://shizune.co/investors/profile/fpim) — VC Fund, 1 deal together
- [Gemma Frisius Fund](https://shizune.co/investors/profile/gemma-frisius-fund) — VC Fund, 1 deal together
- [imec.xpand](https://shizune.co/investors/profile/imec-xpand) — VC Fund, 1 deal together

## Similar investors

### Similar industry
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### Similar stage
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### 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
- [Manufacturing Investors in Belgium](https://shizune.co/investors/manufacturing-investors-belgium)
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- [Energy VC Funds in Belgium](https://shizune.co/investors/energy-vc-funds-belgium)

## FAQ

### What does LRM invest in?

LRM invests primarily in Manufacturing, Analytics and SaaS startups, most often at Seed and Venture - Series Unknown 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.

### When did LRM last invest?

The most recent investment recorded for LRM closed in Oct 2023. Shizune tracks 5 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.

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