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Top 50 Software VC Funds & Investors in Luxembourg (July 2026)

The most active venture capital funds investing in Luxembourg Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Luxembourg Software startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Expon Capital
VC Fund
15 Luxembourg, France, United States Seed, Series A, Series B Software, E-Commerce, Financial Services $635k–$54M
Motier Ventures
VC Fund
5 France, United States, United Kingdom Seed, Series A, Pre-Seed Artificial Intelligence, Information Technology, Software $1.9M–$30M
Seeder Fund
VC Fund
4 Belgium, Luxembourg, France Seed, Pre-Seed, Series A Software, Information Technology, SaaS $219k–$8M
NewAlpha Asset Management VC
VC Fund
3 France, Canada, Belgium Series A, Series B FinTech, Software, Information Technology $2.2M–$42M
River Venture Partners
VC Fund
2 The Netherlands, Finland, Latvia Seed, Angel, Pre-Seed Internet, Software, SaaS $424k–$3M
Padda Health
VC Fund
2 Italy, Germany, Luxembourg Seed, Pre-Seed, Venture - Series Unknown Health Care, Artificial Intelligence, Medical $244k–$2.7M
Middlegame Ventures
VC Fund
2 Ireland, United Kingdom, United States Series A, Seed FinTech, Financial Services, Software $1.7M–$33M
Saviu Ventures
VC Fund
2 Côte d'Ivoire, Kenya, Senegal Seed, Pre-Seed, Series A Financial Services, FinTech, E-Commerce $165k–$5M
GapMinder VC
VC Fund
2 Romania, United Kingdom, United States Seed, Pre-Seed, Series A Software, Information Technology, SaaS $82k–$15M
CircleRock Capital
VC Fund
2 Ireland, United Kingdom, United States Series A, Seed, Pre-Seed Software, Financial Services, SaaS $1.5M–$24M
Kima Ventures
VC Fund
2 France, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $550k–$16M
Volta Ventures
VC Fund
2 Belgium, The Netherlands, United States Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $850k–$10M
Purple
VC Fund
2 France, United Kingdom, Luxembourg Seed, Pre-Seed, Series A Software, SaaS, FinTech $878k–$31M
Kalon Venture Partners
VC Fund
2 South Africa, Luxembourg, United States Seed, Series A Artificial Intelligence, Apps, Internet $570k–$11M
Angelsquare
VC Fund
2 France, United States, Switzerland Seed, Series A Software, Internet, Information Technology $400k–$5.5M
Compass Venture Capital
VC Fund
2 Mauritius, India, France Seed, Series A, Pre-Seed Financial Services, Information Technology, Big Data $30k–$2M
RTP Global
VC Fund
2 United States, India, Germany Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $1.8M–$80M
Wendel Growth
VC Fund
2 France, Luxembourg Series A, Venture - Series Unknown Analytics, Open Source, Biotechnology $16M–$38M
Innovacom
VC Fund
2 France, United States, Canada Series A, Series B Software, Mobile, Telecommunications $2.7M–$58M
Mangrove Capital Partners
VC Fund
2 United States, United Kingdom, Israel Series A, Seed, Series B Software, E-Commerce, Information Technology $675k–$25M
Venrex
VC Fund
2 United Kingdom, United States, France Seed, Series A, Pre-Seed E-Commerce, Fashion, Internet $425k–$16M
Citizen Capital
VC Fund
2 France, United States, Germany Series A, Seed Health Care, Software, Construction $1.5M–$29M
Seed X Liechtenstein AG
VC Fund
2 Germany, United Kingdom, Switzerland Seed, Series A, Pre-Seed Financial Services, FinTech, Information Technology $786k–$8M
Banque Internationale à Luxembourg
VC Fund
1 Luxembourg Software, Compliance, Consulting
Enterprise Equity
VC Fund
1 Ireland, United States, United Kingdom Seed, Series B Software, Information Technology, Health Care $549k–$7.5M
Roca X
VC Fund
1 Romania, United Kingdom, Italy Seed, Pre-Seed, Convertible Note Software, Information Technology, Health Care $55k–$2.6M
Tiger Infrastructure Partners
VC Fund
1 United States, United Kingdom, Canada Private Equity, Series C Information Technology, Financial Services, Telecommunications $15M–$100M
Microsoft Climate Innovation Fund
VC Fund
1 United States, Canada, Spain Series A, Series B, Series C Renewable Energy, Energy, Software $6.7M–$380M
Accel
VC Fund
1 United States, India, United Kingdom Series A, Series B, Seed Software, SaaS, Information Technology $1.6M–$74M
Isomer Capital
VC Fund
1 United Kingdom, United States, Austria Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $13k–$54M
Be Angels
VC Fund
1 Belgium, France, Luxembourg Seed, Pre-Seed SaaS, Software, Health Care $78k–$1.5M
Munich Re
VC Fund
1 United States, Germany, Spain Seed, Series A, Series B SaaS, Software, Energy $329k–$30M
CV VC
VC Fund
1 United States, Switzerland, Germany Seed, Pre-Seed Blockchain, Software, FinTech $125k–$4M
Husqvarna
VC Fund
1 United States, Finland, Luxembourg Seed, Series C Internet of Things, Apps, SaaS
Tioga Capital
VC Fund
1 United States, France, Austria Seed, Series A Cryptocurrency, Blockchain, FinTech $2.1M–$35M
Hiro Capital
VC Fund
1 United States, United Kingdom, India Series A, Seed Gaming, Video Games, Software
Smedvig Ventures
VC Fund
1 United Kingdom, Sweden, Norway Series A, Series B, Series C Software, SaaS, Information Technology
SmartFin
VC Fund
1 Belgium, The Netherlands, Finland Series B, Series A Software, SaaS, Analytics
Caucasus Ventures
VC Fund
1 United States, Azerbaijan, Georgia Seed, Pre-Seed, Series B Artificial Intelligence, Software, Financial Services
ScaleFund
VC Fund
1 France Series A Software, Information Technology
Silicon Gardens
VC Fund
1 United States, Slovenia, United Kingdom Seed, Pre-Seed, Series A Software, Information Technology, Apps
Growceanu Angel Investment
VC Fund
1 Romania, Luxembourg, United States Seed, Pre-Seed, Convertible Note SaaS, Software, Artificial Intelligence
Wargaming
VC Fund
1 United States, Austria, Lithuania Series A, Series B, Pre-Seed Gaming, Information Technology, Apps
Acequia Capital (AceCap)
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence
ABO Digital
VC Fund
1 France, Luxembourg, Switzerland Private Equity Blockchain, Cryptocurrency, Bitcoin
Carrick Capital Partners
VC Fund
1 United States, Canada Series A, Series B Software, Health Care, Information Technology
Kosmos Ventures
VC Fund
1 United States, Singapore, China Seed, Series A Blockchain, Cryptocurrency, Software
Shima Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Cryptocurrency, Gaming
French Partners
VC Fund
1 United States, France, China Series A, Seed, Series B E-Commerce, Software, Payments
DB1 Ventures
VC Fund
1 Israel, Germany, Luxembourg Series B, Seed Financial Services, SaaS, Banking
Access all 84 VC funds in Luxembourg Software startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Expon Capital
VC Fund · Luxembourg, Luxembourg, Luxembourg · 15 investments in Luxembourg Software startups

Global investor in big ideas with the potential for positive impact & exponential growth

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Luxembourg, France, United States

Investor stats

  • Total investments: 71
  • Round size: Seed $635k–$5M; Series A $2.3M–$27M; Series B $16M–$54M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • OpenExo — Solve for 10X with an Exponential Community - Learn, navigate and transform with on demand experts.
  • nexten.io — nexten.io is the ideal platform for Tech profiles and Developers looking for Remote IT Jobs or IT Jobs in France. Create your Anonymous Profile in minutes; after accepting their requests, CTOs and team leaders of the best tech companies will send opportunities for your next dream job!
  • Service — Service gets you paid when your flight is delayed or cancelled.
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Motier Ventures
VC Fund · Paris, Ile-de-France, France · 5 investments in Luxembourg Software startups, 13 in the past 12 months

Motier Ventures is the Family Office managing the investments in Tech start-ups made by the owners of the Galeries Lafayette Group.We are a value-added business angel. At scale.We provide agile and patient capital, investing up to €300k as Business Angel in your early days and following with up to €3m on next rounds. Our favorite investmentthemes include Future of Commerce, FinTech, Web3 Picks & Shovels, Creative Technologies and Cybersecurity.We bring for your business 125 years of experience in entrepreneurship and a wide network within our brands (Galeries Lafayette, La Redoute, BHV, Citynove...) and across many industries.If you are aiming at changing the game in your industry, we would be happy to connect.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 188
  • Round size: Seed $2.7M–$30M; Pre-Seed $1.9M–$3.4M; Series A $11M–$27M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • CardNexus — CardNexus provides a digital platform for managing, trading, and selling trading card collections.
  • Linc — Linc is a platform that delivers data retrieval and analysis services tailored to business needs. The company offers solutions supporting bookkeeping and payroll workflows alongside information management capabilities. Linc offerings streamline data management processes and enable organizations to operationalize their data more effectively.
  • Concord — Concord is an AI agent focused on media buying and workflow automation, especially for advertising operations.
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 4 investments in Luxembourg Software startups, 6 in the past 12 months

Seeder Fund is an early-stage financing and growth capital for digital startups. For young start-ups with a start in commercial traction it offers seed funding of up to EUR 200,000 to validate their value proposition and product-market fit. For start-ups preparing for Series A it provides funding of up to EUR 300,000 to confirm the growth potentialand move closer to break-even. For scale-ups, the Seeder Fund can also help finance the company's growth, this time in the form of a capital stake of up to 1,000,000 EUR.

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Investment focus

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

Investor stats

  • Total investments: 35
  • Round size: Seed $384k–$2.5M; Pre-Seed $219k–$2.4M; Series A $3.3M–$8M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Adomate — Adomate is an AI powered advertising platform that helps marketing teams create social media ads at scale. The platform seamlessly combines performance data, competitor analysis, and consumer behavior insights to generate data-backed creative concepts more efficiently.
  • Borro — Cashless deposit system
  • Vectrix — Vectrix offers AI-based automation and consulting solutions for businesses and logistics companies to automate workflows.
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NewAlpha Asset Management VC
VC Fund · Paris, Ile-de-France, France · 3 investments in Luxembourg Software startups

Expert in investments targeting the entrepreneurial financial industry, NewAlpha launched the first French venture capital fund dedicated to Fintech start-ups in November 2015. The fund has made five Fintech investments in 2016.NewAlpha provides qualified investors with access to the most innovative and dynamic firms in the financial industrythanks to its wide range of products and services. On behalf of its clients, NewAlpha selects, finances and supports innovative entrepreneurial projects, mainly in asset management but also in related sectors such as services for investment managers or financial technologies (Fintech and Insurtech).

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Investment focus

  • Industry: FinTech, Software, Information Technology
  • Stage:Series A, Series B
  • Geography: France, Canada, Belgium

Investor stats

  • Total investments: 31
  • Round size: Series A $2.2M–$22M; Series B $8.2M–$42M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Lizy — Goedkoper tweedehands leasen. LIZY is uw referentieplatform voor onmiddellijk beschikbare autoleasing. | Lize Leasing
  • MYRE — With 17 years of professional experience, Deborah (founder) has devised a tailor-made tool adapted to the new challenges of an industry still waiting to be modernized, allowing real estate players to focus on tasks with high added value. MYRE help Asset Managers in taking the control of their datas (financials, legal,...) in the asset lifecycle.We provide Financials analysis and modeling capabilities, advanced dataroom, Debt management, Real Estate Master data management in an inclusive way with all the stakeholders (PM, brokers, bank, ...)MYRE is based on twofold expertise of both technology and real estate business needs.
  • Digital Insure — Digital Insure via its subsidiaries Digital Insure Distribution, BPSIs and Multinet Services operates throughout the entire value chain with a resolutely "Tech" DNA: the mission is to provide partners with innovative, digital and technological solutions that aim to improve people's access to loan insurance through simple and fastroutes.
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River Venture Partners
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Luxembourg Software startups

Investing in the next generation B2B software companies in the Benelux, Nordics & Baltics

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Investment focus

  • Industry: Internet, Software, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: The Netherlands, Finland, Latvia

Investor stats

  • Total investments: 20
  • Round size: Seed $424k–$3M; Angel $424k–$800k
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Contentoo — Contentoo lets you build your own team, with all the professional talent you need. Our platform is used by 300+ vetted freelancers, working in 12 languages and every industry. You can find the best freelancers for any specialisation. Our specially developed onboarding method ensures that your freelancers become a part of your organisation, eventhough they’re not on your payroll and don’t work in your office. We handle management, invoicing and payment for you. That means you get all the advantages of in-house and freelance, combined.
  • Anyways — Een tijdelijke auto voor de deur. Zonder gedoe. Met het auto abonnement van Anyways heb jij je eigen auto. Voor hoe lang je zelf wilt.
  • Clubee — Manage your club with ease. Websites, Member Management, Communication, Finance, Sponsorships and more.
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Padda Health
VC Fund · Milan, Lombardia, Italy · 2 investments in Luxembourg Software startups

Siamo partner di private equity con una struttura family office. Selezioniamo start-up tech-driven con idee innovative e voglia di emergere.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Medical
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Italy, Germany, Luxembourg

Investor stats

  • Total investments: 6
  • Round size: Seed $1.3M–$2.7M; Pre-Seed $244k–$274k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • TeiaCare — TeiaCare is an Italian start-up born in 2018 with the aim of transferring technology and innovation knowledge to care homes.Our first solution, Ancelia, is an AI-powered operating system designed to increase transparency in the care and assistance processes, both inside the care home and towards residents' families.TeiaCare, based inMilan, operates in Italy and Spain, has a team of 15 people and is supported by international investors.
  • VoiceMed — We bring deep-tech innovation into your smartphone. With vocal biomarkers and artificial intelligence, we measure respiratory diseases.
  • Hale — Hale is the digital solution supporting people with genito-pelvic pain, helping them live better with their condition. Download our app now!
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Middlegame Ventures
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Luxembourg Software startups

Middlegame Ventures is a fintech​ venture capital firm investing in early-stage growth businesses focused on Financial Innovation. The firm is seeking great entrepreneurial teams who are focusing on rearchitecting financial services infrastructure.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed
  • Geography: Ireland, United Kingdom, United States

Investor stats

  • Total investments: 44
  • Round size: Seed $1.7M–$10M; Series A $5.5M–$33M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Circit — Circit is a leading provider of audit confirmations, Open Banking verified transactions, PBC Collaboration and e-signatures all on one centralised platform.
  • Kayna — Enhance your SaaS platform's value by integrating Kayna's insurance solutions. Drive additional revenue and offer more to your users with every policy sold.
  • Theia Insights — Leveraging AI to transform information into insights
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Saviu Ventures
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in Luxembourg Software startups

Saviu is a venture capital fund focusing on African early-stage startups.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Côte d'Ivoire, Kenya, Senegal

Investor stats

  • Total investments: 38
  • Round size: Seed $550k–$5M; Pre-Seed $165k–$817k; Series A $2M–$5M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $14M in 2023

Portfolio highlights

  • POZI — POZI app is an innovative tracking and geolocation solution primarily designed for fleet monitoring and management.
  • Agenz — Agenz was founded to deliver credible real estate market data that is updated in real time, allowing individuals to make faster and more informed real estate decisions at the right time.
  • Userguest.com — Userguest is a Travel SaaS company that provides technology to hotels in order to improve their online revenue. Our smart tool applies RevMarketing Automation to hotel website, by matching a user’s booking intent with the hotel’s inventory priorities. We display personalized incentives to boost hotel revenue where it counts.
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GapMinder VC
VC Fund · Bucharest, Bucuresti, Romania · 2 investments in Luxembourg Software startups

GapMinder plans to invest and support the most disruptive and bold innovations pushing limits and creating positive impact for the community and the overall society. Our background and experience together with our common values and vision for the fund are the core of our competitive advantage. Our team is eager to create value in the region and forthe region. We focus on Pre-Seed, Seed and Series A stages

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Romania, United Kingdom, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $219k–$4.7M; Pre-Seed $82k–$551k; Series A $2.5M–$15M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $94M in 2024

Portfolio highlights

  • Cyscale — At Cyscale, we believe that a safer Cloud means a safer World. We need to do something extraordinary to have a better, easier and more secure way of designing & deploying any Cloud Infrastructure in AWS, Azure, GCP, OpenStack, VMWare, IBM Cloud, Oracle Cloud and even Alibaba Cloud.That is why we create amazing tools so that everybody canbuild & deploy cloud infrastructure with security in mind, knowing the costs upfront, while maintaining continuous regulatory compliance. All done automatically with just a few clicks.We are the first Cloud Management, Security and Compliance company empowering both regular people and cloud professionals with visual tools to meet this level of cloud automation and security.We're Cyscale, born in the Cloud to protect the Cloud!Join our team or pre-register for the product launch: https://cyscale.com
  • YAROOMS — YArooms is a web based booking software package that makes it easy for you to manage rooms and resources and to book a room anywhere, even if it is in a different time zone or location. It prevents double bookings and allows revenue tracking through its Reports feature. YArooms allows for granular access of your users to the meeting rooms byorganizing users into types and soon groups. Meeting rooms can have owners, restricted users will require approval from the room owners for each meeting. If you use Outlook for work, you can bring YArooms into your email client by installing our dedicated plugin. You’ll be able to use YArooms without opening up the web application. All YArooms accounts come bundled with the YArooms Door app. Install it on a the tablet of your choice and mount that on your conference room's door. Check-in functionality with auto-release is built in, you can also book directly from the app, see the room’s current status and much more.
  • Innoship — Innoship este un software avansat de tip multi-carrier shipping creat pentru nevoile tale.
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CircleRock Capital
VC Fund · Dublin, Dublin, Ireland · 2 investments in Luxembourg Software startups

CircleRock Capital aim to be the leading European, multi-stage co-investor of choice for exceptional technology companies, investing primarily in Seed, Series A and Series B opportunities.We invest alongside the leading global VC firms, so that founders can have both a leading VC and us on their cap table. We don’t lead deals and we don’t takeboard seats.Our ticket sizes range from €500k to €5 million +.Our LP’s include exited entrepreneurs, leaders at global tech companies, venture-backed founders, family offices, leading angels, CEO’s & board members of public companies.We fight to win allocation based on our reputation for fundraising expertise and our valuable network – consisting of both commercial customers and access to our global network of industry leaders.CircleRock Capital have a successful history as both Investors and Operators. Conor was previously nominated for both UK Angel Investor of the Year and Exit of the Year. Barry built FCA regulated fintech Clear Treasury from inception to a multi-million pound turnover business, with over 2,500 clients across all industry sectors, exiting in 2020.Offices in Dublin and London.Are you an Angel Investor or Family Office? Sign up here to receive our curated deal flow:https://www.circlerockcapital.com/investor-registration

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Investment focus

  • Industry: Software, Financial Services, SaaS
  • Stage:Series A, Seed, Pre-Seed
  • Geography: Ireland, United Kingdom, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $2.7M–$8.4M; Pre-Seed $1.5M–$3M; Series A $13M–$24M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NetFoundry — NetFoundry provides a software-defined networking platform focused on zero trust architecture. Its solutions enable organizations to create secure, microsegmented overlay networks, known as AppNets, that operate independently of traditional network infrastructure. The platform includes components such as Ziti Fabric for virtual overlays, Ziti Edgefor endpoint connectivity, and Ziti Console for network orchestration. NetFoundry offers deployment options across cloud, on-premise, and hybrid environments, supporting integration with major cloud providers like AWS, Azure, and Google Cloud. Developers can embed zero trust networking directly into applications using available SDKs, facilitating secure communication for various use cases, including DevOps, IIoT, and remote management. The platform emphasizes identity-based access controls, end-to-end encryption, and the elimination of inbound firewall ports to reduce attack surfaces.oud administrators, container orchestration engineers, DevOps, DevSecOps, network admins, etc.
  • SimpleStudy — Learn smarter with revision notes, past papers, quizzes, and expert tools for major Irish academic exams. Join SimpleStudy Ireland and boost your grades today.
  • Scaleup Finance — Improve your financial management
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Kima Ventures
VC Fund · Paris, Ile-de-France, France · 2 investments in Luxembourg Software startups

Kima Ventures promotes the growth of startups, supporting them in the fastest and most effective ways.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 573
  • Round size: Seed $550k–$5.5M; Pre-Seed $587k–$4.2M; Series A $1.2M–$16M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Hoora
  • Kalipso — Kalipso automates regulatory compliance for financial institutions across Europe. AI-powered analysis of MiCAR, PSD2, CCD2, DORA & more. Live in 2 weeks.
  • Explora Project — Explora Project is specializing in adventure travel and expeditions to the 4 corners of the planet and all environments.
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 2 investments in Luxembourg Software startups

Volta Ventures is a venture capital firm that offers seed & early stage VC for internet & software companies in the Benelux.The fund’s team, with active support from some 30 business angels, expects to make a substantial impact on every company it invests in by working with the founders and management to identify new markets andcustomers, hire senior talent, provide ongoing guidance and arrange further financing rounds.Volta Ventures has offices in Ghent and Amsterdam.

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Investment focus

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

Investor stats

  • Total investments: 90
  • Round size: Seed $850k–$4.4M; Pre-Seed $1M–$3M; Series A $2.2M–$10M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — raised $72M in 2019

Portfolio highlights

  • Nodalview — Nodalview helps real estate agents deliver cutting edge content and an impressive buying experience for happy and loyal customers.
  • RESPONSUM — RESPONSUM is the EU's most user-friendly privacy management SaaS solution. Become compliant with GDPR or any other privacy regulation easily.
  • CHILI publish — Allow users to edit customizable documents, or fully automate artwork generation. Output files are ready to use for print and digital.
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Purple
VC Fund · Paris, Ile-de-France, France · 2 investments in Luxembourg Software startups

Bringing together knowledge, people, best practices and capital, we invest from pre-seed to series A in companies we share values and vision. Venture capital arm of Laurent Ritter (co-founder of Voodoo).

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, United Kingdom, Luxembourg

Investor stats

  • Total investments: 41
  • Round size: Seed $2.2M–$11M; Pre-Seed $878k–$3.5M; Series A $6.4M–$31M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Revox — Reach your customers with Revox. The platform to launch AI outbound call campaigns at scale.
  • Lupin & Holmes — Lupin & Holmes is an expert in social engineering and offensive cybersecurity. Three pillars support our services: strategic bug bounty hunting, extensive research and development projects.
  • Massive Dynamic — Specialized AI to orchestrate complex cross-channel advertising
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in Luxembourg Software startups

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Industry: Artificial Intelligence, Apps, Internet
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $570k–$4.6M; Series A $2M–$11M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • GoMetro — Fleet management simplified with GoMetro. Integrate telematics, gain real-time visibility, and optimize operations with a secure, scalable platform,
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Enhance factory efficiency with visionAI by using existing cameras to uncover inefficiencies and eliminate your production blindspots. Book a demo now!
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Angelsquare
VC Fund · Paris, Ile-de-France, France · 2 investments in Luxembourg Software startups

Since its launch in 2016, Angelsquare has supported more than 500 startups from all sectors in their Pre-Seed, Seed, Series A & Series B fundraising. From the implementation of the operation to the final negotiations, we have developed unique expertise that we put at the service of entrepreneurs to advise them throughout their fundraisingoperation and help them convince the right investors. : Business Angels, Family Offices, investment funds…

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Seed, Series A
  • Geography: France, United States, Switzerland

Investor stats

  • Total investments: 117
  • Round size: Seed $400k–$2M; Series A $2.1M–$5.5M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Pongo — Pongo has created for you the first intelligent marketing assistant that communicates with your customers and increases your Google referencing, without you having to lift a finger
  • Orosound — Superior headsets for work. Advanced quality signed by Orosound -the French expert in active noise control, audio intelligence, and durability.
  • Remotebase — Get thoroughly vetted software developers from all over the world with expertise in AI, ML, back-end, front-end and more. Risk-free trial available!
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Compass Venture Capital
VC Fund · Moka, Moka, Mauritius · 2 investments in Luxembourg Software startups

Compass is a venture capital fund. We invest in start-ups with scalable business models and strong growth potential. We work with companies based in Mauritius, the Indian Ocean region and the African continent. Compass is wholly owned by and benefits from support from the ENL Group, one of Mauritius’ largest business conglomerates. Alongside theTurbine, our sister organisation and the region’s leading incubator and start-up accelerator, Compass is working to create a vibrant, sustainable start-up ecosystem in Mauritius and the Indian Ocean.

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Investment focus

  • Industry: Financial Services, Information Technology, Big Data
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Mauritius, India, France

Investor stats

  • Total investments: 10
  • Round size: Seed $30k–$1.6M; Series A $1.1M–$2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
  • FCB.ai — FCB.ai builds the conversational AI infrastructure to power the financial industry
  • Shortlist — Shortlist helps solve talent challenges for impactful and innovative organizations across Africa. We provide executive search and workforce innovation solutions.
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RTP Global
VC Fund · London, England, United Kingdom · 2 investments in Luxembourg Software startups

A global, early-stage venture capital firm, backing founders who use technology to reimagine how the world works like Datadog, DeliveryHero and Cred.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 257
  • Round size: Seed $1.8M–$13M; Series A $6M–$26M; Series B $11M–$80M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $650M in 2020

Portfolio highlights

  • Catio — Cloud architecture platform enabling companies to excel with cloud native tech stacks, focused on tech stack evaluation, planning, and evolution, with the help of AI.
  • homefully — Habyt is an easy way to find a fully furnished, private room or apartment in Berlin, Madrid, Barcelona, Milan and Lisbon. All costs are included in the rent, no surprises.
  • DoControl — DoControl gives organizations automated, self-service tools to take full control of their SaaS security and prevent SaaS data exfiltration. DoControl provides end-to-end visibility and continuous monitoring across all your applications, users, assets, and external collaborators.
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Wendel Growth
VC Fund · 2 investments in Luxembourg Software startups

Wendel Growth is an investment arm of Wendel.

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Investment focus

  • Industry: Analytics, Open Source, Biotechnology
  • Stage:Series A, Venture - Series Unknown
  • Geography: France, Luxembourg

Investor stats

  • Total investments: 6
  • Round size: Series A $33M–$38M; Venture - Series Unknown $16M–$16M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • AQEMIA — Aqemia is an in silico drug discovery start-up, whose ambition is to discover rapidly more innovative therapeutic molecules with better chances of success.
  • TaDaweb — Tadaweb is the first small data platform to scale Open Source intelligence for discovering and analysing information on the Internet.
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Innovacom
VC Fund · Paris, Ile-de-France, France · 2 investments in Luxembourg Software startups

Innovacom provides new technologies, hardware, and software products. They focus on the creation of financial and strategic value through support, networking, and the search for the best industrial partners for our startups in a context of open innovation.

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Investment focus

  • Industry: Software, Mobile, Telecommunications
  • Stage:Series A, Series B
  • Geography: France, United States, Canada

Investor stats

  • Total investments: 151
  • Round size: Series A $2.7M–$19M; Series B $3M–$58M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $25M in 2023

Portfolio highlights

  • Quobly — Quobly create and market a universal large-scale quantum computer, using tried-and-true semiconductor industry procedures.
  • Faactopi — Faactopi is a smart manufacturing platform offering AI-driven flexible factories as a service for scalable hardware production AI.
  • SustainCERT — Verify climate action projects with SustainCERT. We can support you with validation and verification of carbon projects, value chain interventions, and more.
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Mangrove Capital Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Luxembourg Software startups

Mangrove Capital Partners is a contrarian investment firm helping innovative entrepreneurs start and grow.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 149
  • Round size: Seed $675k–$10M; Series A $2.5M–$12M; Series B $8M–$25M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $234M in 2017

Portfolio highlights

  • Proggio — Transform your project management with timelines that enhance productivity and clarity. Discover how Proggio AI can help.
  • Sifflet — You make important business decision based on your data. Sifflet ensures the data is reliable, traceable and easy to navigate.
  • Titan Operating System
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Venrex
VC Fund · London, England, United Kingdom · 2 investments in Luxembourg Software startups

Venrex Investment Management is a UK-based venture capital firm that backs creative Founders to launch and build innovative businesses.

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Investment focus

  • Industry: E-Commerce, Fashion, Internet
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 153
  • Round size: Seed $1M–$7.9M; Pre-Seed $425k–$3M; Series A $6M–$16M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Chexy — Let your rent elevate your lifestyle. Chexy is the new standard for paying rent. We believe that tenants should be able to pay rent digitally and flexibly while building credit and earning rewards.
  • VIEVE — Shop award-winning and high-performance makeup by expert MUA Jamie Genevieve; bestselling primer, brushes, lip glosses, eyeshadows & more. Vegan & cruelty free.
  • Observable Space — OurSky is a modern developer platform for space applications. We provide real-time observational data and analysis of objects and activities in space. Built as an open, community-driven resource for the new space age engineer.
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Citizen Capital
VC Fund · Paris, Ile-de-France, France · 2 investments in Luxembourg Software startups

Citizen Capital is a leading French private equity fund dedicated to using an impact-driven investment approach to deliver both financial and social returns for investors and society at-large. Citizen Capital manages €60 million and provides growth capital to high growth small or medium companies (€1 to 50 million sales) with a strong socialpurpose targeting :- Inclusion : adress the needs of underserved populations (silver economy, health, education, Bottom of the Pyramid...)- Social mobility : enable excluded people to access employment and cross social barriers (job creation in underserved areas, integration of disabled or low-educated workers...)- Sustainable production and consumption : change consumption habits and give access to sustainable goods and services (local production and short distribution channels, environment-driven technologies...)- Social Innovation : introduce new organisation models with tangible positive impact upon employees and partners (employee shareholding schemes, collaborative management...)Our goal is to build wealth for all stakeholders in our portfolio companies. In addition to capital we offer a combination of strategic, financial, operational guidance to the companies in which we invest, as well as a pro-active support in building and driving impact strategy – Citizen Capital has implemented a methodology combining social impact and ESG approach. Citizen Capital has signed the Principles for Responsible Investment (United Nations, PRI) and is a member of the G8 Social Impact Investment Task Force.

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Investment focus

  • Industry: Health Care, Software, Construction
  • Stage:Series A, Seed
  • Geography: France, United States, Germany

Investor stats

  • Total investments: 36
  • Round size: Seed $1.5M–$5.3M; Series A $2.2M–$29M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2017

Portfolio highlights

  • Didask
  • Semeia — Semeia provides software that helps in medical follow-up and consultation.
  • SustainCERT — Verify climate action projects with SustainCERT. We can support you with validation and verification of carbon projects, value chain interventions, and more.
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Seed X Liechtenstein AG
VC Fund · Schaan, Schaan, Liechtenstein · 2 investments in Luxembourg Software startups

Seed X is a European-focused venture capital firm with strong roots in Liechtenstein. We help driven startups scale by providing a strong network of experienced entrepreneurs and industry leaders.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, Switzerland

Investor stats

  • Total investments: 42
  • Round size: Seed $1.3M–$8M; Pre-Seed $786k–$2.4M; Series A $3.8M–$8M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Ontik — Ontik provides a modern payment platform that helps merchants achieve a greater number of trade customers. The platform automate key credit processes and reduces the administrative burden and enables real-time reporting, minimise credit losses, and get paid on time.
  • Mintago — Home - Mintago
  • Trustap — Learn how we make buying & selling online safe & secure, every time. Create an account for free today!
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Banque Internationale à Luxembourg
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Luxembourg Software startups

Banque Internationale à Luxembourg provides banking and financial products and services. Banque Internationale à Luxembourg offers savings, youth savings, mortgage savings, current accounts, term deposits, complementary pension, and short term notes; personal car, students, and mortgage loans; investment products and services, such as funds,securities, structure products, and financial markets; and insurance, debit and credit cards, and online banking services for individuals.

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Investment focus

  • Industry: Software, Compliance, Consulting
  • Geography: Luxembourg

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Governance.com — Low-code business process management platform for regulated companies. Connect data, automate processes and monitor outcomes & decisions. All in one fast-to-implement solution.
  • Homexperts.lu — Homexperts.lu is the first portal for connecting landlords who have real estate for sale and a very strict selection of the best trusted real estate agencies, certified "The Broker Certificate". With more than 500 real estate agencies active in Luxembourg.
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Enterprise Equity
VC Fund · Dundalk, Louth, Ireland · 1 investments in Luxembourg Software startups

Enterprise Equity (or EEVC) is an excellent for providing capital to early stage and expanding business throughout Ireland.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series B
  • Geography: Ireland, United States, United Kingdom

Investor stats

  • Total investments: 51
  • Round size: Seed $549k–$2.2M; Series B $2.6M–$7.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Phorest — Join 8000+ spas, barbers, hair, beauty and nail salon owners using the #1 management, scheduling, POS and appointment booking system. Try Phorest now!
  • SurgaColl — SurgaColl Technologies is a medical device company developing novel tissue regeneration products for the surgical treatment of diseases of the bone, cartilage and other human tissue. Based on technology developed at the Tissue Engineering Research Group (TERG) of the Royal College of Surgeons in Ireland (RCSI), headed by Professor Fergal O’Brien,the company aims to become a leader in the field of regenerative medical devices.
  • Metabolomic Diagnostics — Metabolomic Diagnostics is a deep-tech company specialized in the development of novel biomarker based diagnostic solutions for complex diseases. The company has developed an effective pipeline to firstly identify diagnostic biomarker panels and then translate these panels into clinical assays ready for application in the clinical laboratory.Thispipeline combines the biomarker multiplexing capabilities of Mass Spectrometry, a powerful analytical technology, with the company’s own informatics and statistics solutions to deliver diagnostic innovation. This is reflected in Metabolomic Diagnostics’ strong and versatile IP portfolio of technical innovations and biomarkers.Our VisionMetabolomic Diagnostics’ primary vision is to develop a portfolio of diagnostic solutions which can determine, early in a woman’s pregnancy,her risk of developing major complications much later in her pregnancy and thus enabling personalized care, adapted to each woman’s individual needs. Pregnancy complications like preeclampsia, gestational diabetes, preterm birth, and in-uterine growth restriction, all have the potential to severely impact on the well-being of mother and child.The company’s innovative diagnostic solutions will assist clinicians in re-imagining how these conditions are managed: our novel risk assessment tools are specifically developed in conjunction with prenatal care providers to ensure they make a difference that really matters. This in turn will enable clinicians to improve pregnancy outcomes globally.Our solutions will empower pregnant women: accurate pregnancy risk information will allow a pregnant woman, in partnership with her care provider, to determine what prenatal care is best for her pregnancy.
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Roca X
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Luxembourg Software startups

RocaX > Is building a solid and much needed bridge for startups between the support offered by business angels and the upper stage VCs. Learn more!

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Romania, United Kingdom, Italy

Investor stats

  • Total investments: 34
  • Round size: Seed $150k–$2.6M; Pre-Seed $55k–$878k; Convertible Note $165k–$1.1M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $4.7M in 2019

Portfolio highlights

  • FilmChain — Managing end-to-end financial transactions for creative industries
  • Bunnyshell — Bunnyshell is a a simple and fast cloud-agnostic DevOps automation platform to deploy, scale, and optimize your applications.We provide easy infrastructure management on multiple clouds , application management and DevOps Tools.Bunnyshell increases speed, performance, and scalability & works on the most popular major clouds: AWS, DigitalOcean, Azure, Linode, Vultr, UpCloud.Our platform allows you to focus on growing your app, while we take care of the rest: real time monitoring, auto scaling, smart self-healing servers, one click deployment. Backed by 24/7 real time support.
  • Kinderpedia — Free remote video teaching on Kinderpedia, Daily attendance, gradebook and reports and 20 more functionalities for connected education.
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Tiger Infrastructure Partners
VC Fund · New York, New York, United States · 1 investments in Luxembourg Software startups

Tiger Infrastructure Partners is a middle-market private equity firm that invests in growing infrastructure platforms. Tiger Infrastructure targets investments in communications, energy, transportation, and related sectors, primarily located in North America and Europe.

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Investment focus

  • Industry: Information Technology, Financial Services, Telecommunications
  • Stage:Private Equity, Series C
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 25
  • Round size: Series C $30M–$43M; Private Equity $15M–$100M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: Likely still investing — raised $1.3B in 2022

Portfolio highlights

  • Qwello — Qwello is an Electric Vehicle charge point developer and operator with operations in Europe. Qwello deploys charging infrastructure across major European cities by partnering with local municipalities through public concession contracts, providing both infrastructure and charging services.
  • Summit Carbon Solutions — Discover how Summit Carbon Solutions is building a pipeline system to capture and use or store CO2, supporting ethanol industry, rural communities, and sustainable agriculture.
  • Bolder Industries — We make sustainable plastic and rubber products possible. Innovate today.
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Microsoft Climate Innovation Fund
VC Fund · Redmond, Washington, United States · 1 investments in Luxembourg Software startups

Microsoft is committed to investing $1 billion over 4 years to the Climate Innovation Fund. Explore our approach and more.

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Investment focus

  • Industry: Renewable Energy, Energy, Software
  • Stage:Series A, Series B, Series C
  • Geography: United States, Canada, Spain

Investor stats

  • Total investments: 57
  • Round size: Series A $6.7M–$57M; Series B $30M–$130M; Series C $8M–$380M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • VEIR — Discover VEIR's cutting-edge technology for superconducting power lines that offer 5-10x greater transfer capacity and 90% less resistive line losses.
  • Fortera — 8% of global greenhouse emissions are caused by cement manufacturing, accounting for more than 3.5 billion tons of CO2 produced each year. Fortera addresses CO2 emissions directly from the kiln.
  • Group14 Technologies — Founded to enable the electrification of everything - from tiny medical, consumer and commercial devices to every possible flavor and size of transportation - Group14 brings new finely-tuned performance capabilities to the era of the lithium-silicon battery. Our novel composite materials and our industrial process to make them reliably answer thecost, scale and performance barriers that have slowed the world’s transition towards the all-electric future.
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Accel
VC Fund · Palo Alto, California, United States · 1 investments in Luxembourg Software startups

First partner to exceptional teams everywhere

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1947
  • Round size: Seed $1.6M–$11M; Series A $4.5M–$41M; Series B $9.5M–$74M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2019

Portfolio highlights

  • Campfire — Campfire is the AI-native ERP built for high-growth finance teams. Automate reconciliations, close faster, and scale revenue without adding headcount.
  • Altor Networks — HARPATOTO merupakan sebuah portal akses online yang dirancang untuk memudahkan pengguna terhubung ke layanan Toto Macau dengan cepat, stabil, dan aman.
  • Shift Technology — Shift Technology delivers AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, Shift helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactionsto date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.
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Isomer Capital
VC Fund · London, England, United Kingdom · 1 investments in Luxembourg Software startups

Isomer's entrepreneurial approach accesses high-potential opportunities through limited partner investments in funds, company co-investments, and providing liquidity to firms and founders via secondary purchases.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Austria

Investor stats

  • Total investments: 32
  • Round size: Seed $13k–$2M; Series A $4.3M–$40M; Series B $15M–$54M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Encord — Encord is the multimodal data layer for physical AI. Manage, curate, annotate, and align petabytes of data - from sensor streams to video to text. Trusted by 300+ AI teams including Woven by Toyota, AXA, UiPath, Zipline, and more.
  • Knowunity — Knowunity is the digital learning platform with summaries, study notes, presentations, answers, and more in one app.
  • Infinity Constellation — Infinity Constellation is an AI-focused startup holding company and incubator that builds and launches service-based businesses leveraging artificial intelligence. Their mission is to empower visionary founders to create the next generation of impactful, tech-enabled companies, emphasizing long-term growth and sustainable value creation.
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Be Angels
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 1 investments in Luxembourg Software 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, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 24
  • Round size: Seed $247k–$1.5M; Pre-Seed $78k–$373k
  • Lead/follow: 38% lead, 62% 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.
  • NIUM — NIUM is a startup focused on personalized nutrition and gut microbiome research. NIUM created science-based solutions to transform nutrition research and product development.
  • 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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Munich Re
VC Fund · Munich, Bayern, Germany · 1 investments in Luxembourg Software startups

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions.

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Investment focus

  • Industry: SaaS, Software, Energy
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, Spain

Investor stats

  • Total investments: 13
  • Round size: Seed $329k–$12M; Series A $5.5M–$16M; Series B $12M–$30M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Squalify — Squalify is a corporate venture, bringing cyber risk quantification (CRQ) to the boardroom. Its CRQ SaaS platform empowers information security and risk executives with actionable insights into enterprise-wide cyber risk exposure, enabling informed decision-making and effective governance. Squalify supports strategic decision makers evaluate cyberrisk in financial terms, prioritize investments, and align cybersecurity strategies with business objectives. Headquartered in Munich and fully owned by Munich Re, world's largest cyber reinsurer, Squalify leverages real world data covering cyber losses from thousands of companies worldwide, from the last 10+ years, ensuring unparalleled accuracy, scalability, and relevance for today's businesses.
  • Runwise — Thousands of buildings use Runwise's unique wireless control, sensor network and software platform to operate their heating systems better.
  • Augury — Increase uptime and plan maintenance across every asset, environment, and site with Augury's AI solutions. Learn more today.
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CV VC
VC Fund · Zug, Zug, Switzerland · 1 investments in Luxembourg Software startups

We invest in blockchain

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Investment focus

  • Industry: Blockchain, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Switzerland, Germany

Investor stats

  • Total investments: 61
  • Round size: Seed $150k–$4M; Pre-Seed $125k–$800k
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • TurnStay — Enjoy low transaction fees on card payments in ZAR, Euros or Dollars and fast payouts in your preferred currencies. Book a demo today
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Reppo Labs — Blockchain Network that connect Data Owners with AI Developers and AI agents through Programmable IP Co-ownership
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Husqvarna
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Luxembourg Software startups

Who we are We make a difference to people who shape green spaces and urban environments through our leadership in user-centered and sustainable solutions. With our passion for innovation, we create products and services for customers around the world.

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Investment focus

  • Industry: Internet of Things, Apps, SaaS
  • Stage:Seed, Series C
  • Geography: United States, Finland, Luxembourg

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Moleaer — Moleaer's market leading nanobubble generator is the most efficient gas injection technology available to dissolve virtually any gas into any liquid.
  • GAMMA AR — Improve the way you build with a construction app that bring the BIM models to the construction site using augmented reality.
  • Soil Scout — Soil Scout is the Most Advanced Soil Monitoring Solution For Professional Agriculture, Golf, and Sports Turf Maintenance. It Includes Underground Wireless Soil Sensors with 20 Years of Battery Life, Cloud Dashboard, and Monitoring Service.
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Tioga Capital
VC Fund · Atlanta, Georgia, United States · 1 investments in Luxembourg Software startups

Tioga's primary investment objective is to identify or create real estate investment opportunities with asymmetric risk/reward profiles. Learn more here.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, FinTech
  • Stage:Seed, Series A
  • Geography: United States, France, Austria

Investor stats

  • Total investments: 12
  • Round size: Seed $2.1M–$12M; Series A $6.5M–$35M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2021

Portfolio highlights

  • X10 — X10 operates as a hybrid crypto exchange provider.
  • Architect — Architect gives traders customizable infrastructure that reimagines access to international markets for digital assets. Building institutional-grade infrastructure to link different crypto venues across centralized and decentralized exchanges is one of the project's goals.
  • D2X Group — Trade digital asset options and futures on the EU-regulated market infrastructure for institutions.
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Hiro Capital
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Luxembourg Software startups

Hiro Capital is a Luxembourg / London technology Venture Capital fund which invests in European and UK innovators in Games, Esports and Digital Sports. Hiro Capital generally invests at the post-seed Series A and B stages. We invest both in front-end Content creators in Games, Esports and Digital Sports and in deep tech sector-specificapplications of Cloud, Mobile, Streaming, Big Data, AI, Wearables, AR and VR technologies.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Series A, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 45
  • Lead/follow: no public data

Portfolio highlights

  • Meeple Corp — The Meeple Corp Games Studio Homepage - Transforming analogue play for the digital world.
  • Sidero Labs — Sidero provides organizations with Talos Linux, the OS for Kubernetes, and Omni, the single pane of glass for enterprise-grade Kubernetes.
  • Maintain Altitude — Maintain Altitude is a new mobile game development company that loves both music and games. The company is based in the United Kingdom.
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Smedvig Ventures
VC Fund · London, England, United Kingdom · 1 investments in Luxembourg Software startups

Venture Capital firm based in London. We help enable business funding though capital investment. In turn, that funds and drives business growth as exceptional speed. Visit our site to find out how our proven model of business investment can help your start up.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, Sweden, Norway

Investor stats

  • Total investments: 79
  • Lead/follow: no public data

Portfolio highlights

  • Chatlyn — Automated, AI-enhancend guest engagement, where your clients are most comfortable.
  • MarketLeap — Breaking E-commerce Barriers with Software. MarketLeap is managing all the complexities of selling and growing on marketplaces worldwide.
  • Glint Solar — Enabling developers to identify and analyze the best solar sites
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SmartFin
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Luxembourg Software startups

Venture capital fund focussing on European B2B technology companies.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Finland

Investor stats

  • Total investments: 42
  • Lead/follow: no public data

Portfolio highlights

  • Timefold — Experts in PlanningAI for complex scheduling and routing
  • emma — Some meta description
  • CrazyGames — Play free online games at CrazyGames, the best place to play high-quality browser games. We add new games every day. Have fun!
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Caucasus Ventures
VC Fund · Baku, Baki, Azerbaijan · 1 investments in Luxembourg Software startups, 6 in the past 12 months

Caucasus Ventures is a venture capital firm.

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Investment focus

  • Industry: Artificial Intelligence, Software, Financial Services
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, Azerbaijan, Georgia

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Clopos — Clopos provides next-generation solutions that simplify and automate work in restaurants and other food businesses, making management more convenient and efficient
  • TASS Vision — A startup company specializing in computer vision based on artificial intelligence and embedded technologies. The company develops and implements technologies such as recognition, detection, tracking and classification, which runs on small embedded computers. In other words: A company that is essentially your second eyes.The company was foundedin 2019.
  • Glacies Biome — Discover the Future of Personalized Skincare Powered by Microbiomics & AI
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ScaleFund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Luxembourg Software startups

ScaleFund is a post-business angel, pre-venture capital/corporate partnership fund operating across Belgium.

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Investment focus

  • Industry: Software, Information Technology
  • Stage:Series A
  • Geography: France

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Passbolt — Manage and share passwords securely with Passbolt. Open source, audited and built for teams that need collaboration, compliance and control.
  • Wegrow-app — Wegrow is a digital platform where your teams share & scale best practices in marketing, sales, supply chain, HR, to drive efficiency & margin.
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Silicon Gardens
VC Fund · Ljubljana, Ljubljana Urban Commune, Slovenia · 1 investments in Luxembourg Software startups

Californians have their Silicon Valley, New Yorkers have Silicon Alley, Londoners the Silicon Roundabout, Berlin has the Silicon Alee and they're witnessing the rise of Silicon Savannah in Kenya. But what best describes Slovenia are the Silicon Gardens - small, efficient, highly cultivated patches of technology entrepreneurship. 500+ membersand growing rapidly.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Slovenia, United Kingdom

Investor stats

  • Total investments: 37
  • Lead/follow: no public data

Portfolio highlights

  • Prepia — Prepia is a modern exam prep platform helping students study smarter & achieve better results with personalized quizzes, expert content & intuitive tools.
  • Bible Chat — Bible Chat is the best Christian AI app that lets you talk to the Bible, ask faith questions, request prayers, and study Scripture. Try now for free!
  • nordoon — Extrakt.AI handles the busywork of Supply Chain Management. We extract inquiries and orders directly from emails and send them to enterprise systems without the need for manual data entry. We use generative AI to make extraction templates super simple to create, starting with a short description and a few examples.
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Growceanu Angel Investment
VC Fund · 1 investments in Luxembourg Software startups

Growceanu is a group of business angels, active primarily in high-tech areas that contribute with money, professional and business expertise and personal connections to the development of tech startups with high potential of growth.

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Investment focus

  • Industry: SaaS, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Romania, Luxembourg, United States

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Milluu — Helping places become homes! Milluu is the app that gets personal, relevant and smart about rent.We believe that things are done properly when you're personally invested. And we invest our technology & smart tools to help you find your next home or your next ideal tenant!We have created a service app that connects directly listers andtenants based on their preferences.Based on AI and ML, our Milluu Bot is the friendly face of the app, assisting you permanently in your rental journey, making suggestions for great matches and helping you close the deal.
  • MediNav — MediNav is a software company. They offer machine learning, artificial intelligence, medtech, and digital health services. They focus on delivering cutting edge technology to hospitals and private practices in order to support them during their consultations and reduce the time spent on filling forms. If anyone wants to contact them please contactthem via phone call or email.
  • aqurate.ai — Take your eCommerce shop to the next level with the AI-driven Aqurate tools: Product Recommendations engine, Customer Segmentation tool. Find out more details.
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Wargaming
VC Fund · Nicosia, Nicosia, Cyprus · 1 investments in Luxembourg Software startups

A catalogue of games produced by the leading game developer in the CIS. Legendary and new games from Wargaming for PC, iOS, Android, Xbox and Playstation.

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Investment focus

  • Industry: Gaming, Information Technology, Apps
  • Stage:Series A, Series B, Pre-Seed
  • Geography: United States, Austria, Lithuania

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • Donut Lab — Donut Punks is a MOBA game that offers a unique blend of fun, action, and strategy. It is designed for players who want to team up and take on the challenge of fighting against hordes of zombies in a thrilling online environment.
  • Polystream — Polystream is completely rethinking and realising new ways of how to use the visual cloud, from server to client, from network to edge as we build the 3D Internet. Powered by our breakthrough command streaming technology, you can now instantly engage, grow, and monetise audiences of all shapes and sizes wherever they are in the world; whether it’splayers, streamers, or viewers. Our synchronous spectator engine Fantom enables cloud native games and experiences to be cost-effectively streamed with unrivalled reach, and unprecedented scale.
  • Gcore — Gcore is the first class web service with cutting-edge features and advanced security. It provides efficient services for all modern web needs: CDN, hosting, storage, streaming platform, DNS, security, and cloud. The company oversees a global infrastructure that delivers edge and cloud-based services to enterprise-level businesses.
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Acequia Capital (AceCap)
VC Fund · Seattle, Washington, United States · 1 investments in Luxembourg Software startups

We are a leading early-stage investment platform. We are at the center of a global ecosystem that attracts and fuels the technical founders and product teams building the next wave of global businesses.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 222
  • Lead/follow: no public data

Portfolio highlights

  • Tracelight — Tracelight is the leading AI assistant for financial modelling in Excel. Build models, automate workflows, format at scale, and check for errors - we are the AI for analysts.
  • Hyperdrives — Discover Hyperdrives, a deep-tech engineering company providing electric drive systems designed to set a new benchmark for performance-to-cost.
  • Windup Minds — Stay: Forever Home is a heartwarming virtual pet game where you meet Ember, a magical companion bringing joy, adventure, and connection. Discover her emerging world, uncover hidden treats, and build your forever home together!
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ABO Digital
VC Fund · Nassau, New Providence, Bahamas · 1 investments in Luxembourg Software startups

Embrace risk, prioritize growth with ABO Digital's unique financing solutions. We tailor strategies for early-stage crypto projects and bold tech innovators.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Bitcoin
  • Stage:Private Equity
  • Geography: France, Luxembourg, Switzerland

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Islamic Coin — Shariah-compliant digital money
  • Blocktrade — Your crypto success starts here. No matter if you're a beginner or a pro trader, you will enjoy using Blocktrade.
  • Kalima Blockchain — The most powerful Blockchain dedicated to Industrial IoT. Kalima develops solutions to increase the security and speed of data collection, transmission and management of industries. Kalima is a blockchain for IoT platform that helps developers, investors, and businesses to build DApps...
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Carrick Capital Partners
VC Fund · San Francisco, California, United States · 1 investments in Luxembourg Software startups

Carrick Capital Partners is a private equity firm that focuses its investments on software, SaaS, and tech-enabled companies. Carrick provides capital along with a combination of operational and investment expertise that is specifically tailored to help each of our entrepreneurs and their companies succeed.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Series A, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • OnPay — OnPay is a software company that offers small businesses and accountants the best payroll in the cloud, backed up by a team of helpful, friendly experts. OnPay provides a platform that merges user-friendliness with functionalities typically available only to bigger companies. OnPay includes features such as unlimited pay runs, W-2 and 1099 filings,and assistance with federal and state tax filings, making payroll management streamlined for users.
  • Passbolt — Manage and share passwords securely with Passbolt. Open source, audited and built for teams that need collaboration, compliance and control.
  • Veritas Prime — Veritas Prime is one of the world's leading HR transform process automation, specializing in implementing Human Capital Management (HCM)
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Kosmos Ventures
VC Fund · Perth, Western Australia, Australia · 1 investments in Luxembourg Software startups

Enabling multi-chain future with core infrastructure and innovative dapps

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 94
  • Lead/follow: no public data

Portfolio highlights

  • FereAI — Unlock real-time AI crypto insights and automated trading with FereAI. Discover top crypto trends, optimize investments, and start trading smarter with your personal AI team.
  • Oh — Oh is the decentralized and uncensored AI products can offer a range of benefits, such as enhancing privacy, encouraging innovation, and promoting freedom of information.
  • Legend. trade — Legend. trade is a crypto trading company by decentralized exchange.
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Shima Capital
VC Fund · San Francisco, California, United States · 1 investments in Luxembourg Software startups

Shima Capital is an investment fund that focuses on supporting blockchain startups. The firm is headquartered in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 239
  • Lead/follow: no public data

Portfolio highlights

  • 3RM — Verified contact at any decentralized organization. Manage new business, partnerships, and engagement across organizations like never before.
  • ELYZIO — MENA's Leading Developer & Publisher for Indies
  • Cedro Finance — An Omnichain Liquidity Protocol that connects fragmented liquidity across chains for greater capital efficiency.
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French Partners
VC Fund · Geneva, Geneve, Switzerland · 1 investments in Luxembourg Software startups

French Partners is the first co-investment club dedicated to qualified investors wishing to accompany and finance companies led locally by French entrepreneurs. French Partners targets start-ups and growing SMEs with revenues of up to several tens of millions of euros, who already have or wish to accelerate their international presence, as well asinnovative investment funds. French Partners invests from €1 million to €5 million, often on a minority basis, alone or in co-investment, in the capital of companies founded and managed by french entrepreneurs internationally.

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Investment focus

  • Industry: E-Commerce, Software, Payments
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, China

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Reebelo — Reebelo is APAC’s leading marketplace for pre-loved tech devices. Our vision is to reduce e-waste by building the circular economy for refurbished electronics. While doing so, we enable consumers to save up to 70% on their favorite brands and flexibly rent devices instead of buying them. Reebelo is based in Singapore with additional offices inAustralia, New Zeland & Malaysia. Get in touch if you want to be part of a high-growth, disruptive team working to make a positive impact!
  • Umiami — Umiami Technologies is a leader in plant-based meat. Our proprietary technology allows us to create clean-label and incredibly tasty foods.
  • Cheaf Technologies — Descarga Cheaf y rescata comida en perfecto estado con hasta 70% de descuento. Ahorra y combate el desperdicio de alimentos.
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DB1 Ventures
VC Fund · Germany, Georgia, United States · 1 investments in Luxembourg Software startups

DB1 Ventures’ vision is to be a strategic partner of choice for early- to growth-stage companies which are core or adjacent to Deutsche Börse Group’s strategy, generate attractive investment returns and add strategic value to its growth plans.

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Investment focus

  • Industry: Financial Services, SaaS, Banking
  • Stage:Series B, Seed
  • Geography: Israel, Germany, Luxembourg

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Next Gate Tech — Next Gate Tech is a Luxembourg based, data-driven FundTech that provides innovative Software-as-a-Service solutions for the asset management industry. Our mission is to enhance the Fund industry technology, thanks to machine learning, data analytics, and smart automation. We capitalize on the rapid emergence of cloud-based computing frameworks tooffer fast, accurate, and robust solutions to our clients. We provide intelligent, adaptive, and dynamic automation solutions through a web platform to help industry players manage middle and back-office processes.
  • OptimX Markets — Forging a new dynamic in Institutional Block Trading
  • Primary Portal — Connecting banks and institutional investors for equity capital markets issuance
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Software VC funding in Luxembourg at a glance

Stats across 71 deals from 84 investors.

84
investors
in Luxembourg Software startups
71
deals
in Luxembourg Software startups
$1.1M
median round
in Luxembourg Software startups
42%
lead investors
lead at least one round
28%
Seed
most common funding stage

Access all 84 VC funds in Luxembourg Software startups.

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