Top 50 VC Funds & Investors in Belgium (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
PMV
VC Fund
|
107 | Belgium, United States, The Netherlands | Seed, Series A, Series B | Software, Biotechnology, Health Care | $1M–$42M |
|
Limburgse Reconversie Maatschappij
VC Fund
|
58 | Belgium, The Netherlands, United States | Seed, Series A | Information Technology, Software, Biotechnology | $494k–$11M |
|
Qbic Fund
VC Fund
|
44 | Belgium, The Netherlands | Seed, Series A | Biotechnology, Software, Health Care | $906k–$28M |
|
Pitchdrive
VC Fund
|
43 | Belgium, United Kingdom, United States | Pre-Seed, Seed, Series A | Software, Artificial Intelligence, SaaS | $110k–$4.8M |
|
Volta Ventures
VC Fund
|
40 | Belgium, The Netherlands, United States | Seed, Series A, Pre-Seed | Software, Information Technology, SaaS | $850k–$10M |
|
Meusinvest (Noshaq)
VC Fund
|
40 | Belgium, France, Germany | Series A, Seed, Series B | Biotechnology, Health Care, Medical | $137k–$31M |
|
S.R.I.W.
VC Fund
|
37 | Belgium, United States, Spain | Series A, Series B | Health Care, Biotechnology, Manufacturing | $411k–$75M |
|
WING by Digital Wallonia
VC Fund
|
31 | Belgium | Seed, Series A, Convertible Note | Software, Health Care, Information Technology | $219k–$11M |
|
Gemma Frisius Fund
VC Fund
|
30 | Belgium, France, United Kingdom | Seed, Series A, Series B | Biotechnology, Medical, Health Care | $634k–$84M |
|
Seeder Fund
VC Fund
|
28 | Belgium, Luxembourg, France | Seed, Pre-Seed, Series A | Software, Information Technology, SaaS | $212k–$8M |
|
Capricorn Partners
VC Fund
|
25 | Belgium, The Netherlands, United States | Series A, Series B | Biotechnology, Health Care, Software | $3.3M–$42M |
|
SmartFin
VC Fund
|
24 | Belgium, The Netherlands, Turkey | Series A, Series B, Seed | Software, SaaS, Information Technology | $549k–$30M |
|
Syndicate One
VC Fund
|
23 | Belgium, United Kingdom, United States | Pre-Seed, Seed, Series A | Artificial Intelligence, Software, SaaS | $1M–$20M |
|
Sambrinvest
VC Fund
|
22 | Belgium, France, Spain | Seed, Series A, Series B | Biotechnology, Health Care, Medical | $544k–$46M |
|
Fortino Capital
VC Fund
|
22 | Belgium, The Netherlands, Germany | Series A, Seed | Software, Information Technology, SaaS | $2M–$17M |
|
Inventures SA
VC Fund
|
21 | Belgium, France, United Kingdom | Series A, Seed | Health Care, Biotechnology, Manufacturing | $82k–$14M |
|
LeanSquare
VC Fund
|
21 | Belgium, France, United States | Seed, Series A | Software, Music, Information Technology | $200k–$12M |
|
KBC
VC Fund
|
18 | Belgium, United States, The Netherlands | Seed, Series A, Pre-Seed | Biotechnology, Health Care, Software | $425k–$65M |
|
Gimv
VC Fund
|
18 | Belgium, United States, France | Series B, Series A | Biotechnology, Health Care, Medical | $3.3M–$79M |
|
V-Bio Ventures
VC Fund
|
18 | Belgium, France, United States | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics | $3.1M–$88M |
|
The Faktory Fund
VC Fund
|
17 | Belgium, France, United States | Seed, Venture - Series Unknown | Software, Analytics, Information Technology | $1.1M–$22M |
|
Finance.Brussels
VC Fund
|
16 | Belgium, France | Seed, Series A, Series B | Software, Information Technology, SaaS | $1.5M–$15M |
|
VIB
VC Fund
|
16 | Belgium, Brazil, Denmark | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics | $3.1M–$84M |
|
Be Angels
VC Fund
|
16 | Belgium, France, Luxembourg | Seed, Pre-Seed | SaaS, Software, Information Technology | $78k–$1.5M |
|
imec.xpand
VC Fund
|
16 | Belgium, United States, Germany | Seed, Series A, Series B | Semiconductor, Manufacturing, Medical Device | $3.3M–$100M |
|
Angelwise
VC Fund
|
15 | Belgium, The Netherlands | Seed, Pre-Seed | Software, SaaS, Information Technology | $873k–$2.9M |
|
SFPIM
VC Fund
|
15 | Belgium, France, Switzerland | Series A, Venture - Series Unknown | Biotechnology, Health Care, Semiconductor | $8.6M–$251M |
|
Innovation Fund
VC Fund
|
14 | Belgium, France, Luxembourg | Seed, Series A | Health Care, Manufacturing, Biotechnology | $329k–$6M |
|
Vives Louvain Technology Fund
VC Fund
|
14 | Belgium, France, United States | Series A, Series B, Seed | Health Care, Biotechnology, Medical | $491k–$125M |
|
Belfius Bank
VC Fund
|
14 | Belgium, The Netherlands, France | Debt Financing, Venture - Series Unknown, Seed | Software, SaaS, Artificial Intelligence | $291k–$514M |
|
Ark Angels Activator Fund
VC Fund
|
13 | Belgium | Series A, Seed | Software, Information Technology, SaaS | $932k–$4.9M |
|
Spreds
VC Fund
|
12 | Belgium, France | Series A, Seed, Pre-Seed | Information Technology, E-Commerce, Health Care | $150k–$2.5M |
|
Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund
|
11 | Belgium, Israel, Germany | Grant, Pre-Seed, Seed | Biotechnology, Health Care, Software | $160k–$3.2M |
|
Newion
VC Fund
|
11 | The Netherlands, Belgium, Germany | Series A, Seed, Series B | Software, SaaS, Information Technology | $1.1M–$66M |
|
Peak
VC Fund
|
11 | The Netherlands, Germany, Sweden | Seed, Pre-Seed, Series A | Software, Information Technology, Artificial Intelligence | $658k–$17M |
|
Newton Biocapital
VC Fund
|
9 | Belgium, Japan, France | Series A, Seed | Biotechnology, Medical, Health Care | $2.7M–$84M |
|
Entourage
VC Fund
|
9 | Italy, Sweden, Belgium | Seed, Series A | Artificial Intelligence, Legal, Marketing | $2.2M–$19M |
|
XAnge
VC Fund
|
9 | France, Germany, Belgium | Series A, Seed, Series B | Software, SaaS, E-Commerce | $1.1M–$75M |
|
The CoFoundry
VC Fund
|
9 | Belgium, The Netherlands, United States | Seed, Series A | Software, SaaS, Security | $878k–$4.3M |
|
Agri Investment Fund
VC Fund
|
9 | Belgium, United Kingdom, Switzerland | Seed, Series B, Series A | Biotechnology, Agriculture, AgTech | $2.9M–$24M |
|
WE International
VC Fund
|
9 | Belgium, United States, France | Seed, Series A, Venture - Series Unknown | Health Care, Energy, Biotechnology | $2.2M–$251M |
|
White Fund
VC Fund
|
8 | Belgium, United States | Seed, Series A, Venture - Series Unknown | Health Care, Medical, Medical Device | $4.1M–$12M |
|
KBC Focus Fund
VC Fund
|
8 | Belgium, The Netherlands, France | Seed, Series A, Venture - Series Unknown | Semiconductor, Manufacturing, Electronics | $1.2M–$22M |
|
imec.istart Future Fund
VC Fund
|
8 | Belgium, United Kingdom | Seed, Pre-Seed, Series A | Health Care, Medical Device, Satellite Communication | $1.2M–$5.7M |
|
Lean FUND
VC Fund
|
8 | Belgium, United States, France | Seed, Series B | Internet, Apps, Software | $66k–$384k |
|
TCD Capital
VC Fund
|
8 | Belgium, France | Series A, Series B, Venture - Series Unknown | Biotechnology, Health Care, Medical Device | $2.1M–$18M |
|
welovefounders
VC Fund
|
8 | France, Belgium | Seed, Pre-Seed | Artificial Intelligence, CRM, SaaS | $1.4M–$4.8M |
|
Vesalius Biocapital Partners
VC Fund
|
8 | Belgium, Germany, France | Series A, Series B, Series C | Biotechnology, Health Care, Medical | $3.9M–$100M |
|
BNP Paribas Fortis
VC Fund
|
8 | Belgium, United States, France | Debt Financing, Series B, Venture - Series Unknown | Biotechnology, Software, SaaS | $363k–$1000M |
|
EQT Life Sciences
VC Fund
|
7 | United States, The Netherlands, Switzerland | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics | $7.3M–$165M |
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Do and dare company
Show more...Investment focus
- Industry: Software, Biotechnology, Health Care
- Stage:Seed, Series A, Series B
- Geography: Belgium, United States, The Netherlands
Investor stats
- Total investments: 156
- Round size: Seed $1M–$3.8M; Series A $2.7M–$40M; Series B $6.6M–$42M
- Lead/follow: 22% lead, 78% follow
Portfolio highlights
- Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
- Borro — Cashless deposit system
- Storm — Storm is een producent van hernieuwbare energie. Samen met ons team ontwikkelen, bouwen en exploiteren we duurzame energieprojecten over het hele land: van wind- en zonneparken tot snellaadstations en batterijopslag. Dit telkens tegen een zo laag mogelijke maatschappelijke kost.
Oxygen for growth - LRM
Show more...Investment focus
- Industry: Information Technology, Software, Biotechnology
- Stage:Seed, Series A
- Geography: Belgium, The Netherlands, United States
Investor stats
- Total investments: 97
- Round size: Seed $494k–$5.2M; Series A $1.6M–$11M
- Lead/follow: 12% lead, 88% follow
Portfolio highlights
- Monsana — Monsana's AI-powered platform empowers both patients and healthcare professionals in their search for the perfect clinical trial. Each eligibility criterion is validated based on your unstructured textual medical records, allowing highly accurate matching with experimental treatments.
- 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.
- Optiflux — Optiflux automatiseert het bewaarbeheer van vers fruit met slimme AI & vision-technologie. Minder verlies, meer winst voor teler & handelaar.
The Qbic Fund is a multi-sector fund supporting spin-off companies of the Ghent, Brussels and Antwerp university associations and of VITO. Through its strategic partnership with the universities of Ghent, Brussels and Antwerp, and VITO, the Qbic Fund has early and privileged access to promising research projects at these partner universities. Ourinvestment approach is based on early in-depth and independent review and analysis followed by hands on involvement and support.In May 2012 the Qbic Fund held its first close and currently it has over € 30 million under management. The Qbic Fund is backed by several public and private investors and managed by Qbic Venture Partners.
Show more...Investment focus
- Industry: Biotechnology, Software, Health Care
- Stage:Seed, Series A
- Geography: Belgium, The Netherlands
Investor stats
- Total investments: 61
- Round size: Seed $1.3M–$7.4M; Series A $906k–$28M
- Lead/follow: 31% lead, 69% follow
- Last fund: Likely still investing — raised $57M in 2022
Portfolio highlights
- Firecell — Firecell is a Telecommunications Industry.
- Eyeo — eyeo revolutionizes imaging with color splitter sensors. Capture sharper, brighter images in low light using optical waveguide innovation, discover how it works
- Sightera Biosciences — Revolutionizing drug discovery through AI-powered analysis of patient-derived models for breakthrough therapeutics in cancer and regenerative medicine.
Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, SaaS
- Stage:Pre-Seed, Seed, Series A
- Geography: Belgium, United Kingdom, United States
Investor stats
- Total investments: 92
- Round size: Seed $1M–$4.8M; Pre-Seed $110k–$2.5M
- Lead/follow: 48% lead, 52% follow
Portfolio highlights
- OTIV — OTIV offers autonomous technology to make your railway operations in complex environment safer and more efficient.
- Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
- Driven — Driven is the easiest platform to design smart incentives, align targets, and boost overall sales performance.
Volta Ventures backs ambitious B2B software founders in the Benelux with early-stage capital, strategic guidance and long-term support.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A, Pre-Seed
- Geography: Belgium, The Netherlands, United States
Investor stats
- Total investments: 91
- Round size: Seed $850k–$5.2M; 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
- Kyvvu — Kyvvu is an Agent Security Kernel (ASK): an in-process security layer that checks every action an AI agent takes — against the full path of the task so far — and allows, warns, or blocks it before it runs, deterministically, in under a millisecond, without your data ever leaving your environment.
- Nodalview — Nodalview helps real estate agents deliver cutting edge content and an impressive buying experience for happy and loyal customers.
- CHILI publish — Allow users to edit customizable documents, or fully automate artwork generation. Output files are ready to use for print and digital.
Noshaq offers financial services to help businesses develop.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Seed, Series B
- Geography: Belgium, France, Germany
Investor stats
- Total investments: 78
- Round size: Seed $137k–$6M; Series A $3.6M–$16M; Series B $680k–$31M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- TrustUp — TrustUp is the home contractors platform, connects homeowners with verified quality home improvement.
- Le Fourgon — Le Fourgon provides contained drinks for home delivery. They offer milk, water, beer, wine, fruit juice, and sodas. They allow customers to have their drinks delivered free of charge during the day.
- Allegro Biotech — Allegro has developed the world’s-first custom-tailored, durable, biocompatible, anisotropic, regenerative meniscus cartilage, providing immediate support while also leverage the body’s own healing potential to regenerate human cartilage (proliferation and differentiation of fibrochondrocyte cells).
The S.R.I.W. Group is an institution at the heart of the financial market that assists entrepreneurs in creating and developing businesses in the Walloon region. It reflects the effort of Wallonian industry in facing the challenges of the creation of economic value in the 21st century. Since its creation in 1979, the Société Régionaled’Investissement de Wallonie has continuously been expanding its abilities to adapt and anticipate as well as its flexibility in order to meet the requirements of its partners who are confronted with the evolution of the world economy. The principles of good governance, a strong business culture and shared values at the heart of the Group constitute important assets to capture the changing realities of the market and progress in a sustainable development perspective.
Show more...Investment focus
- Industry: Health Care, Biotechnology, Manufacturing
- Stage:Series A, Series B
- Geography: Belgium, United States, Spain
Investor stats
- Total investments: 111
- Round size: Series A $411k–$31M; Series B $1.6M–$75M
- Lead/follow: 21% lead, 79% follow
Portfolio highlights
- Univercells — Mix parlay, atau lebih dikenal sebagai parlay bola atau hanya parlay, merupakan taruhan judi bola online yang menggabungkan minimal 2 hingga 10 tim pertandingan sepak bola menjadi 1 tiket taruhan.
- Intressa Vascular — Intressa Vascular provides innovative solutions to address life-threatening cardiovascular conditions such as aortic dissection.
- Santero Therapeutics — This is the homepage of the website
W.IN.G by Digital Wallonia invests in SAAS, advanced tech and deep tech startups (AI, drones, medtech, IOT,...). W.IN.G brings smart money by helping startups by bi-weekly interactions and providing an operating teams (seasonal entrepreneurs being hands-on with the portfolio).
Show more...Investment focus
- Industry: Software, Health Care, Information Technology
- Stage:Seed, Series A, Convertible Note
- Geography: Belgium
Investor stats
- Total investments: 34
- Round size: Seed $346k–$1.9M; Series A $1.1M–$11M; Convertible Note $219k–$555k
- Lead/follow: 26% lead, 74% follow
Portfolio highlights
- IONNYK — IONNYK is a new medium of art photography, containing millions of tiny ink capsules.
- MYOCENE — Myocene is a Liège-based sports technology company which creates unique and innovative devices for measuring muscle fatigue and performance.
- Soil Capital Belgium — Discover Europe's first certified, multi-national carbon farming programme that rewards regenerative agriculture.
Gemma Frisius Fund KU Leuven is a seed capital fund that aims to stimulate the creation and growth of university related spin-off companies.
Show more...Investment focus
- Industry: Biotechnology, Medical, Health Care
- Stage:Seed, Series A, Series B
- Geography: Belgium, France, United Kingdom
Investor stats
- Total investments: 40
- Round size: Seed $634k–$4.6M; Series A $932k–$84M; Series B $4.7M–$24M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- Runeasi — The first scientifically validated wearable solution to measure impact while running and detect how your body responds to it - Perform real-time biomechanical assessments - Guide your athletes and patients with actionable insights to help them run more efficiently and recover from injuries with confidence
- Optiflux — Optiflux automatiseert het bewaarbeheer van vers fruit met slimme AI & vision-technologie. Minder verlies, meer winst voor teler & handelaar.
- Aspect Analytics — Beyond bioinformatics. Building intelligent platform solutions for mass spectrometry imaging data analysis. #AI4MSI
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.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Pre-Seed, Series A
- Geography: Belgium, Luxembourg, France
Investor stats
- Total investments: 37
- Round size: Seed $384k–$2.6M; Pre-Seed $212k–$2.4M; Series A $3.3M–$8M
- Lead/follow: 24% lead, 76% follow
Portfolio highlights
- Adomate — Adomate helps performance teams turn customer signals, competitor insights, and brand data into on-brand ad concepts with AI workflows they build and control.
- Visiblie — Track and optimize your brand across ChatGPT, Claude, Gemini, and Perplexity. Monitor AI mentions, analyze competitors, and grow AI search visibility.
- Kando — Voice & Visual assistant and software for caregiver
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822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Capricorn Partners is a unique independent manager of venture capital, growth capital and quoted equity funds
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Series A, Series B
- Geography: Belgium, The Netherlands, United States
Investor stats
- Total investments: 120
- Round size: Series A $3.3M–$18M; Series B $5.3M–$42M
- Lead/follow: 33% lead, 67% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Sensolus — Sensolus provides care-free tracking of your valuable non-powered assets directly from the cloud.Sensolus offers turnkey solutions for wireless, low-power context-aware sensing. Sensolus developed a personal product line of low-power tracker systems called STICKNTRACK.Sensolus is built upon many years of expertise in low-power networks,wireless sensor design, cloud-based sensor management, analytics, and applications.
- Endo Tools Therapeutics — Endo Tools Therapeutics is dedicated to the development of innovative devices that provide therapeutic interventions for gastric conditions
- Delft Advanced Biorenewables — We enable the bio-economy by improving the productivity of fermentations with our in-situ product recovery (ISPR) technology.
Venture capital fund focussing on European B2B technology companies.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Series A, Series B, Seed
- Geography: Belgium, The Netherlands, Turkey
Investor stats
- Total investments: 58
- Round size: Seed $549k–$6.7M; Series A $5M–$13M; Series B $5.3M–$30M
- Lead/follow: 47% lead, 53% follow
- Last fund: May invest from a new fund soon — raised $281M in 2020
Portfolio highlights
- Timefold — Experts in PlanningAI for complex scheduling and routing
- Auditstage — The first AI-powered workspace for financial auditors. Automate manual workflows, draft working papers, and scale your firm with human-in-the-loop AI agents.
- BrightAnalytics — Intuitive, reliable and fast. Consolidated reporting from BrightAnalytics.
Syndicate One helps Belgian startups scale up their businesses through early-stage financing, relevant advice and mentorship.
Show more...Investment focus
- Industry: Artificial Intelligence, Software, SaaS
- Stage:Pre-Seed, Seed, Series A
- Geography: Belgium, United Kingdom, United States
Investor stats
- Total investments: 33
- Round size: Seed $1.5M–$13M; Pre-Seed $1M–$2.5M; Series A $11M–$20M
- Lead/follow: 15% lead, 85% follow
- Last fund: Likely still investing — raised $4.8M in 2024
Portfolio highlights
- Jurimesh — Jurimesh checks every clause in the data room against expert-authored risk guides, with every finding cited back to the source.
- Belfort — Enabling Fully Homomorphic Encryption through Hardware Acceleration
- Polysense — Increase yield, reduce waste, and optimize food production with Polysense's AI-powered inline quality control. Real-time data for potatoes, bakery & more.
Sambrinvest is an active venture capital player in the region of Charleroi - Thuin.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical
- Stage:Seed, Series A, Series B
- Geography: Belgium, France, Spain
Investor stats
- Total investments: 40
- Round size: Seed $544k–$24M; Series A $987k–$46M; Series B $4.4M–$45M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- Brenus Pharma — Brenus Pharma is an allogeneic platform to generate immune therapy ambitioning to harness patient immune system & prevent cancer resistance over treatment.
- Vertical Compute — Vertical Compute offers chiplet-based technology that cuts data movement to achieve up to 80% energy savings.
- Enodia Therapeutics — Enodia Therapeutics pioneers targeted protein degradation at the Sec61 translocon, developing small-molecule therapies for inflammatory and autoimmune diseases.
We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Series A, Seed
- Geography: Belgium, The Netherlands, Germany
Investor stats
- Total investments: 74
- Round size: Seed $2M–$6M; Series A $4.3M–$17M
- Lead/follow: 47% lead, 53% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- Mkind — Mkind builds intelligent robots for high-mix manufacturing, developing advanced automation solutions that can adapt to diverse production requirements, improve operational efficiency, and support manufacturers in handling complex, low-volume, and frequently changing product lines.
- Mobilexpense — Expense management solutions for mid-sized organisations and large enterprises. Automate your expense management: improve productivity and save costs.
- Operations1 — With Operations1 the B2B software company cioplenu GmbH delivers a cloud software for adaptive employee-led production processes (Adaptive Process Execution). The solution provides intuitive worker guidance and connects the organization in manufacturing companies. Customers such as Bosch, Stabilo or Trumpf benefit with Operations1 from increasedproductivity, enhanced quality and higher machine availability. At its core, the modular solution uses digital documents such as work instructions and checklists for process guidance and is used in a wide range of application areas such as maintenance, quality inspection, HSSE, audits and in manufacturing and assembly processes. Around the document core, planning, analysis, and incident management functionalities complete the offering to holistically accompany operational employees in their daily work.The clipboard becomes a tablet, complexity becomes simplicity, blindspot becomes transparency.
Inventures is a European venture capital fund that builds a better world through a portfolio of investments in sustainable businesses.The firm has two funds: Inventures I & Inventures II.Inventures was created to support early stage smart and innovative European businesses, to support sustainable job growth and empower entrepreneurs.Inventures empowers citizenship co-investments through a crowdfunding platform, MyMicroInvest.
Show more...Investment focus
- Industry: Health Care, Biotechnology, Manufacturing
- Stage:Series A, Seed
- Geography: Belgium, France, United Kingdom
Investor stats
- Total investments: 46
- Round size: Seed $82k–$2.1M; Series A $411k–$14M
- Lead/follow: 9% lead, 91% follow
- Last fund: May invest from a new fund soon — last raise in 2016
Portfolio highlights
- BiOceanOr — BiOceanOr harnessed the power of Marine Biology and AI to deliver bio-guided services that optimize fish welfare and fish growth, while supporting aquaculture sustainability standards
- myskillcamp — Myskillcamp is a digital learning platform and educational design support service. Myskillcamp supports their customers in the digital transformation of their company and the launch of their Digital Learning project. From the audit of needs to the design of engaging educational devices, through a pilot phase, they make a point of honor to adapt thedigital to the specificities of each and give it meaning.With their online platform, businesses can manage their learner communities and connect all their partners in one place. Their tool also allows businesses to structure training spaces by skills, trades, brands within camps. In parallel, businesses can create educational content from scratch, select a map in their marketplace, or plan sessions in-class. Businesses can organize the distribution of their training to a single learner or to a whole group.
- Octave — Optimize energy use with Octave's battery storage (BESS) and energy management system (EMS). Reduce costs, increase flexibility.
New Economy Startups Investor & Accelerator
Show more...Investment focus
- Industry: Software, Music, Information Technology
- Stage:Seed, Series A
- Geography: Belgium, France, United States
Investor stats
- Total investments: 46
- Round size: Seed $200k–$2M; Series A $247k–$12M
- Lead/follow: 28% lead, 72% follow
Portfolio highlights
- neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
- Gamevestor — Be more than a player. Invest in expert-selected video game projects and earn a share of their commercial revenues.
- CityLegends — A home for urban sports & culture partners of CityLegends. Making the lines.
KBC Private Equity - the investment company of KBC Group - provides development capital and finances buy-outs to medium-sized companies in Belgium and in Central and Eastern Europe, KBC's home markets.Boasting an experienced team of 28 people, it has more than 60 active investments in portfolio with a market value in excess of EUR 400million.KBC Private Equity aims to become one of the leading private equity providers on KBC Group's home markets. As an active shareholder with a long-term perspective, KBC Private Equity is involved in taking strategic decisions and providing support to management teams.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Series A, Pre-Seed
- Geography: Belgium, United States, The Netherlands
Investor stats
- Total investments: 36
- Round size: Seed $549k–$8M; Pre-Seed $425k–$1.9M; Series A $3M–$65M
- Lead/follow: 28% lead, 72% follow
Portfolio highlights
- Rookoo — Rookoo is AI-powered venue management software that automates event inquiries, checks availability, and books events 24/7. Used by Clays, Tour & Taxis, Wintercircus and more.
- Qivalis — Qivalis is a financial technology company designed for payments, settlements, and financial services.
- Ion Beam Applications — Ion Beam Applications is a Belgium-based company that develops and markets technologies, pharmaceutical products and tailored solutions for the healthcare sector, with emphasis on cancer diagnosis and therapy. IBA is also active in the sterilization and ionization field. The Company operates through two business segments, namely the pharmaceuticalssegment, which includes radiopharmaceuticals and the equipments segment, which encompasses proton therapy, particle accelerators and dosimetry.
Gimv, a trusted European investment company, helps mid-market businesses create sustainable value through growth capital and expertise across diverse sectors.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series B, Series A
- Geography: Belgium, United States, France
Investor stats
- Total investments: 171
- Round size: Series A $3.3M–$79M; Series B $8.8M–$73M
- Lead/follow: 32% lead, 68% follow
- Last fund: May invest from a new fund soon — raised $622M in 2010
Portfolio highlights
- spineart — Spineart is a privately held medical device company focused on simplifying the surgical act by designing, developing and promoting safe and efficient solutions to spine surgeons, operating room teams, and patients.
- NovoPolymers — NovoPolymers NV is a company, with the vision and mission to develop and produce sustainable solutions for primarily the photovoltaic market.
- Kinaset Therapeutics — Kinaset Therapeutics is a therapeutics company that focuses on the advancement of novel drugs in areas of unmet medical needs. The company was founded in 2020 and is headquartered in Medfield, Massachusetts.
V-Bio Ventures is an independent venture capital firm specialized in building and financing young, innovative life science companies. The fund invests throughout Europe in start-up and early-stage companies with high growth potential focusing on technologies that provide transformational improvements in the biotech, pharmaceutical and agriculturalsectors.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Therapeutics
- Stage:Series A, Series B, Seed
- Geography: Belgium, France, United States
Investor stats
- Total investments: 44
- Round size: Seed $3.1M–$50M; Series A $6.6M–$70M; Series B $12M–$88M
- Lead/follow: 34% lead, 66% follow
- Last fund: May invest from a new fund soon — raised $129M in 2021
Portfolio highlights
- Animab — Animal Health Company
- Step Pharma — Step Pharma is a spin-off of Imagine Institute stemming from Pr. Alain Fischer’s research on genetic immunodeficiencies. Step Pharma is a joint venture between Imagine, a research and innovative healthcare institute, Sygnature Discovery, a leading provider of integrated drug discovery resource and expertise, and Kurma Partners, a major player inthe funding of healthcare and biotechnology in Europe.
- Biodol Therapeutics — Biodol Therapeutics, founded in 2015, develops first-in-class compounds for the treatment of chronic pain (CP). Biodol Therapeutics has identified the Receptor Tyrosine Kinase (RTK) FLT3 as a key player for triggering and maintaining the chronic neuropathic pain (NP) state. New findings from Biodol Therapeutics' academic partnership (CyrilRivat and Jean Valmier at the INSERM Institute for Neurosciences in Montpellier) also demonstrated that FLT3 inhibition increases the potency of opioids for their analgesic effect, and hereby reduces their safety risks, especially addiction risk, which will help fighting the Opioid Crisis. The development of extracellular inhibitors of the FLT3 receptor, is a proprietary and key approach developed by Biodol Therapeutics.
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Browse database — It's Free!The Faktory is a hub for business ideas based on any disruptive technology with a high potential in international niche markets: ICT, Health, Environment, Media, Broadcast and more.
Show more...Investment focus
- Industry: Software, Analytics, Information Technology
- Stage:Seed, Venture - Series Unknown
- Geography: Belgium, France, United States
Investor stats
- Total investments: 23
- Round size: Seed $1.1M–$4.2M; Venture - Series Unknown $2.1M–$22M
- Lead/follow: 9% lead, 91% follow
Portfolio highlights
- IVEX — IVEX offers Repeatable and Scalable Testing & Validation Data Analytics solutions for ADAS/AD Vehicles.
- e-peas — Discover e-peas, pioneer of the Ambient IoT concept since 2014, which offers the most efficient energy harvesting pmics on the market to make your devices more energy self-sufficient: AEMs.
- 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
Regional Investment Company of Brussels
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A, Series B
- Geography: Belgium, France
Investor stats
- Total investments: 25
- Round size: Seed $1.5M–$5.4M; Series A $2.3M–$7M; Series B $3.4M–$15M
- Lead/follow: 20% lead, 80% follow
Portfolio highlights
- AI-Blox — A modular & flexible hardware and software platform for edge AI applications.
- Otamiser — Otamiser Booster® is an automated solution that helps hoteliers and revenue managers secure bookings by improving a property's online presence on major OTAs such as Booking.com, Expedia, Trips.com, Kayak, Airbnb, and VRBO. It maximizes occupancy rates and revenue through optimizing 951 essential parameters, ensuring continuous optimization,full automation, seamless integration with CMS, PMS, and RMS systems, dedicated customer support, integrations with Cubilis and Hostaway, and a customized API for Revenue Management software.
- AILOS Robotics — AILOS Robotics offers advanced solutions in robotics and automation for various industries.
Strategic research in on life sciences and biotechnology
Show more...Investment focus
- Industry: Biotechnology, Health Care, Therapeutics
- Stage:Series A, Series B, Seed
- Geography: Belgium, Brazil, Denmark
Investor stats
- Total investments: 27
- Round size: Seed $3.1M–$11M; Series A $6.8M–$84M; Series B $4.7M–$65M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
- MRM Health NV — MRM Health NV, is a biopharmaceutical company focused on the discovery and development of innovative therapeutics based on the human microbiome. MRM Health was incorporated early 2020 by MRM Technologies, a Center of Expertise for microbiome research based in the biotech cluster in Ghent, in a joint venture with the Flemish Institute ofBiotechnology (VIB), an excellence-based entrepreneurial life sciences research institute in Flanders, Belgium, that focuses on translating basic scientific results into pharmaceutical, agricultural and industrial applications.
- Rainbow Crops — Rainbow Crops is a next-generation Agtech company developing climate-resilient, high-performing crop varieties.
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.
Show more...Investment focus
- Industry: SaaS, Software, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Belgium, France, Luxembourg
Investor stats
- Total investments: 25
- Round size: Seed $247k–$1.5M; Pre-Seed $78k–$571k
- Lead/follow: 36% lead, 64% 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.
- Visiblie — Track and optimize your brand across ChatGPT, Claude, Gemini, and Perplexity. Monitor AI mentions, analyze competitors, and grow AI search visibility.
- TalentGuide — Unlock workforce potential with Talentguide's skills intelligence platform, transforming ambition into measurable ability through actionable insights and personalized development paths.
Expanding nanotechnology into business.
Show more...Investment focus
- Industry: Semiconductor, Manufacturing, Medical Device
- Stage:Seed, Series A, Series B
- Geography: Belgium, United States, Germany
Investor stats
- Total investments: 54
- Round size: Seed $3.3M–$23M; Series A $8.7M–$56M; Series B $12M–$100M
- Lead/follow: 48% lead, 52% follow
- Last fund: Likely still investing — raised $351M in 2024
Portfolio highlights
- Invisix — Invisix shrinks the metrology wavelength with soft x-ray light to measure next-gen 3D chips and extend Moore's law for semiconductor makers.
- Eyeo — eyeo revolutionizes imaging with color splitter sensors. Capture sharper, brighter images in low light using optical waveguide innovation, discover how it works
- NEURA Robotics — Cognitive Robotics for Real-World Applications: NEURA Robotics enables safe and smart robot integration for Industry, Work and Everyday Life
Angelwise Vlaams Investeringsfonds
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Belgium, The Netherlands
Investor stats
- Total investments: 17
- Round size: Seed $873k–$2.9M
- Lead/follow: 47% lead, 53% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Adomate — Adomate helps performance teams turn customer signals, competitor insights, and brand data into on-brand ad concepts with AI workflows they build and control.
- Azumuta — Unite Connected Worker and MES capabilities to build the execution platform that coordinates, governs, and continuously improves operational work on the shop floor, across humans, AI agents, and robotic systems
- Powerhouse — Powerhouse is your all-in-one solution for turning complex property operations into streamlined, automated workflows. Built on Salesforce for seamless integrations and powerful insights.
SFPIM investment firm that invests in technology and infrastructure.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Semiconductor
- Stage:Series A, Venture - Series Unknown
- Geography: Belgium, France, Switzerland
Investor stats
- Total investments: 26
- Round size: Series A $8.6M–$57M; Venture - Series Unknown $11M–$251M
- Lead/follow: 31% lead, 69% follow
Portfolio highlights
- D-CRBN — D-CRBN recycles CO2 for industrials through our patented CCU plasma technology. We use plasma to convert CO2 emissions to useful chemical building blocks. Our plasma process splits CO2 molecules into their original building blocks to make e-fuels, chemicals, or polymers to ultimately achieve a circular and more sustainable economy. Battling global warming will be the toughest environmental challenge that our society has ever faced. We have set our objectives to help reduce CO2 emissions, reaching a carbon-neutral society by 2050. Launch your CO2 recycling initiative at your plant, go net-zero and join us to Sparc* the new industrial revolution.
- e-peas — Discover e-peas, pioneer of the Ambient IoT concept since 2014, which offers the most efficient energy harvesting pmics on the market to make your devices more energy self-sufficient: AEMs.
- Biotalys — Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium.
Chemical, Advanced Materials, Cosmetics, Recycling, CleanTech, Plastics and Rubber Manufacturing, Nanotechnology, Biosciences
Show more...Investment focus
- Industry: Health Care, Manufacturing, Biotechnology
- Stage:Seed, Series A
- Geography: Belgium, France, Luxembourg
Investor stats
- Total investments: 31
- Round size: Seed $329k–$6M; Series A $2.2M–$5.7M
- Lead/follow: 26% lead, 74% follow
Portfolio highlights
- Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
- Iristick — Iristick smart glasses are the most balanced and lightweight on the market. A phone-tethered, comfortable hands-free solution for the deskless workforce.
- Proceedix — Proceedix is a Software as a Service-based central platform to manage enterprise procedures, work instructions and checks in an easy way, while making the remote execution paperless and mobile. With Proceedix you can run your company's procedures, work instructions and checks anytime, anywhere, on Android Phone, tablet and Google Glass.
Vives is an interregional seed and early stage technology multi-sector fund. The new fund, initiated by UCLouvain, is a unique European inter-university fund having access to world class innovations from leading EU top universities.
Show more...Investment focus
- Industry: Health Care, Biotechnology, Medical
- Stage:Series A, Series B, Seed
- Geography: Belgium, France, United States
Investor stats
- Total investments: 27
- Round size: Seed $1.6M–$7.3M; Series A $491k–$46M; Series B $4.7M–$125M
- Lead/follow: 4% lead, 96% follow
- Last fund: May invest from a new fund soon — raised $37M in 2020
Portfolio highlights
- BOTALYS — BOTALYS uses an innovative Biomimetic Indoor Farming technology to recreate the ideal wild conditions for rare botanicals to grow in. We develop pristine & potent botanical ingredients for the Nutraceutical and Cosmetic industries.
- Sunrise — Sunrise aims to bring simple answers to millions of people suffering from sleep disorders.We have developed a 3-gram sensor to diagnose sleep with gold standard quality. The technology offers a revolutionary new way to measure brain commands at night, with published clinical results never seen before. Studies demonstrate Sunrise is as accurate asin-lab sleep studies, at a fraction of the cost.Affecting one in three people, sleep disorders are extremely common. Sleep apnea is the most prevalent disease with almost 1 billion persons concerned. This condition leads to great body damage over time and yet remains undiagnosed in 80% of the cases.Patients, caregiver and insurers stand to benefit greatly from a solution to current highly cumbersome, expensive and time-consuming diagnostics systems.
- Novadip Biosciences — Novadip Biosciences, an advanced biopharmaceutical company focused on new generation of therapies from adipose stem cells adapted to hard and soft tissues reconstruction.
Ontdek een bank-verzekeraar dicht bij u: rekeningen, kaarten, kredieten, sparen en verzekeringen. Beheer alles online of in kantoor, volgens uw behoeften.
Show more...Investment focus
- Industry: Software, SaaS, Artificial Intelligence
- Stage:Debt Financing, Venture - Series Unknown, Seed
- Geography: Belgium, The Netherlands, France
Investor stats
- Total investments: 28
- Round size: Seed $291k–$1.9M; Debt Financing $1.1M–$514M; Venture - Series Unknown $1.1M–$116M
- Lead/follow: 32% lead, 68% follow
Portfolio highlights
- Alan — Alan provides online digital insurance services focusing on health and wellness. The company offers health insurance services, providing solutions tailored to the needs of different types of businesses. It provides simple and seamless insurance coverage and easy claim handling. It gives access to medical professionals for users to easily andconveniently get medical advice and manage claims and reimbursements.
- Storm — Storm is een producent van hernieuwbare energie. Samen met ons team ontwikkelen, bouwen en exploiteren we duurzame energieprojecten over het hele land: van wind- en zonneparken tot snellaadstations en batterijopslag. Dit telkens tegen een zo laag mogelijke maatschappelijke kost.
- GIGA Storage — Grootschalige energieopslag is de ontbrekende schakel in de energie transitie. Als de wind niet waait en de zon niet schijnt levert GIGA Storage duurzame
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Browse database — It's Free!Ark Angels Activator Fund SA is a closed venture capital fund (closed-end private equity investment fund) with a capital of 14.8 M EUR. The Fund is recognized as ARKIV and has obtained the status of Private Privak under Belgian law. The Fund is managed by a management company set up by BAN Vlaanderen VZW, ING Belgium & the two fund managers.The Fund initially acted primarily as a co-investor in investments made by business angels who are members of BAN Vlaanderen, but then also co-invested with other capital providers. It focuses not only on investments in young growth companies, but also on companies in the growth or transfer phase with an operating office in Flanders,
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Series A, Seed
- Geography: Belgium
Investor stats
- Total investments: 20
- Round size: Seed $932k–$1.6M; Series A $1.2M–$4.9M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- Apicbase — Apicbase is a F&B management platform that gives you total visibility of your back of house so you can grow without compromise.
- waylay — Waylay is a leading Enterprise IT-OT digital unification software company delivering low-code based orchestration, automation and analytics software solutions. Waylay has a passion for supporting enterprises on their IoT automation journey and ensuring it puts all valuable data to work for developers, data scientists and domain experts.
- Accelleran — Accelleran is pioneering a disruptive approach to the delivery of cost-effective, carrier and mission-critical grade TDD and FDD Small Cell networks through its focus on software quality and partnerships with volume manufacturers.Accelleran provides LTE Small Cell software and LTE Small Cell product solutions which address the real-worldchallenges of volume deployment of Small Cells. We offer turnkey solutions and unique experience on the challenges of integrating cellular technology on low cost, yet powerful platforms and architectures. Accelleran offers its customers solid and dependable system solutions, backed by the support of our unparalleled expertise.Accelleran’s technology is genuinely independent from any HW platform and enables operators to invest once in the integration and validation of a common software base that can be deployed across different segments, platforms and Small Cell architectural approaches to enable a truly integrated HetNet.
We empower high-potential entrepreneurship and democratize venture capital. Discover promising start-ups & SMEs and invest alongside business angels.
Show more...Investment focus
- Industry: Information Technology, E-Commerce, Health Care
- Stage:Series A, Seed, Pre-Seed
- Geography: Belgium, France
Investor stats
- Total investments: 16
- Round size: Seed $165k–$1.3M; Pre-Seed $150k–$197k; Series A $247k–$2.5M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- Jelloow — Jelloow your virtual marketing navigator. Matching brands with likeminded marketing agencies.
- PlayTreks — Supercharge your music business with PlayTreks, the all-in-one workspace for music professionals. Built for indie artists, artist managers and label teams.
- NietsCo — NietsCo. is the home of Botaniets Gin 0.0%, a leading selection of alcohol-free products, carefully distributed to the world's best restaurants, concept stores, shops and consumers.
Basic and applied research fund of the Flemish regional government in Belgium
Show more...Investment focus
- Industry: Biotechnology, Health Care, Software
- Stage:Grant, Pre-Seed, Seed
- Geography: Belgium, Israel, Germany
Investor stats
- Total investments: 36
- Round size: Seed $517k–$1.9M; Grant $261k–$3.2M; Pre-Seed $160k–$2.2M
- Lead/follow: 67% lead, 33% follow
Portfolio highlights
- WeHave — Enter the cookieless era of advertising with WeHave's first-party data collaboration. Leverage external data in a gdpr compliant way.
- Summ.link — Summ.link works to transform enterprises by enhancing the employee experience through strategy and strong insights based on trustworthy data, which leads to improvements in digital processes. By putting a strong emphasis on data intelligence and people analytics, it seeks to provide everyone in the organization with actionable information.Application development, big data, AI, cloud solutions, and other services are among their offerings.
- Gorilla — We empower Energy Retailers in pricing, forecasting and reporting with data-driven solutions in boosting speed and flexibility.
Experienced over decades, focused on the next ones. Close to our founders, not above them. Serious about building companies. Human in how we invest.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Series A, Seed, Series B
- Geography: The Netherlands, Belgium, Germany
Investor stats
- Total investments: 84
- Round size: Seed $1.1M–$6.5M; Series A $1.1M–$10M; Series B $5.4M–$66M
- Lead/follow: 54% lead, 46% follow
- Last fund: Likely still investing — raised $148M in 2022
Portfolio highlights
- Nopan — We help large merchants, fintechs, and PSPs turn account and wallet payment methods into measurable revenue drivers.
- Lightbringer — Experience the future of patent services with Lightbringer. Our AI-driven platform accelerates your patent process, ensuring efficiency and expertise from world-class patent attorneys.
- BirdsView — BirdsView is to 'assist small e-commerce firms in transforming their own consumer data into effective, tailored marketing tactics and turning one-time purchases into devoted patrons.
European early-stage venture capital fund backed 100% by founders. Helping Pre-Seed and Seed SaaS, Marketplaces & Platforms with their Go-To-Market.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: The Netherlands, Germany, Sweden
Investor stats
- Total investments: 116
- Round size: Seed $658k–$5M; Pre-Seed $781k–$2.5M; Series A $6.5M–$17M
- Lead/follow: 59% lead, 41% follow
Portfolio highlights
- DREM — Simplifying distributed energy saving solutions
- VoiceLine — VoiceLine is AI-powered field sales revenue intelligence. Document any customer interactions in seconds, get actionable insights and boost sales performance. Start today!
- microsynetics GmbH — Developing hardware and software to help elderly people gaining more freedom and quality of life. Our first product is an emergency wristband which works together with an app, also connecting relatives via smartphone and phone integrated in the emergency wristband. The automated AI-based fall detection guarantees help even when the user - afteraccident - isn't capable anymore of activating the emergency call via integrated button.
Our mission is to mature innovation and support the growth of our portfolio companies to create value for patients, society, local ecosystems, and investors.
Show more...Investment focus
- Industry: Biotechnology, Medical, Health Care
- Stage:Series A, Seed
- Geography: Belgium, Japan, France
Investor stats
- Total investments: 22
- Round size: Seed $2.7M–$3.2M; Series A $6.1M–$84M
- Lead/follow: 68% lead, 32% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Bioxodes — Bioxodes is a clinical-stage biopharmaceutical company dedicated to the development of novel therapeutics to prevent thrombotic events without hemorrhagic risk.
- Tensegrity Pharma — Tensegrity Pharma is the developer of a novel drug designed to minimize bottlenecks and provide innovative value to patients.
- Augustine Therapeutics — Augustine Therapeutics is developing selective, safe and efficacious HDAC6 inhibitors designed for treatment of neuromuscular, neurodegenerative and cardiometabolic diseases. Discover our pipeline poised for clinical impact.
Entourage is a venture Studio and early stage VC that invests in early-stage B2B and SaaS sectors.
Show more...Investment focus
- Industry: Artificial Intelligence, Legal, Marketing
- Stage:Seed, Series A
- Geography: Italy, Sweden, Belgium
Investor stats
- Total investments: 19
- Round size: Seed $2.2M–$11M; Series A $7.5M–$19M
- Lead/follow: 47% lead, 53% follow
Portfolio highlights
- Warren — Enabling wealth, Boosting welfare
- CommerceClarity — AI-native platform powering the next generation of e-commerce through intelligent agents.
- Sightera Biosciences — Revolutionizing drug discovery through AI-powered analysis of patient-derived models for breakthrough therapeutics in cancer and regenerative medicine.
XAnge is a Franco-German team of venture capital investors that manages €450 million and invests in digital, deeptech, and impact startups.It is the innovation brand of the Siparex group, a major player in French private equity. XAnge is a key European investor in early-stage startups and is looking for game-changing startups and entrepreneurswho rock the code[s].The Paris, Ile-de-France-located company was founded in 2004.
Show more...Investment focus
- Industry: Software, SaaS, E-Commerce
- Stage:Series A, Seed, Series B
- Geography: France, Germany, Belgium
Investor stats
- Total investments: 233
- Round size: Seed $1.1M–$8M; Series A $3M–$22M; Series B $6.6M–$75M
- Lead/follow: 31% lead, 69% follow
- Last fund: Likely still investing — raised $234M in 2021
Portfolio highlights
- HABX — habx provides real estate developers with a digital solution enabling the personalization of new housing units
- ELDIM — Eldim proposes photometric and calorimetric products of instrumentation allowing to qualify the ergonomic parameters and the quality of the image of the flat screens. Its customers (manufacturers of components or sreen-Sharp, Sony, Samsung, -or integrators-IBM, Apple, Valeo, Honeywell, Nokia, Motorola-) are mainly foreigns.
- SunaCare — SunaCare specializes in the nationwide placement of private nurses from the (adjoining) EU-countries.The company's services offer care-supporting senior care at home, enabling people to get cares from Germany and neighboring countries that provide 24-hour care on-site.
The CoFoundry helps entrepreneurs transform their ideas into sustainable companies. Some say we cut through the funding hype and work hard to give your business a sustainable future.
Show more...Investment focus
- Industry: Software, SaaS, Security
- Stage:Seed, Series A
- Geography: Belgium, The Netherlands, United States
Investor stats
- Total investments: 14
- Round size: Series A $878k–$4.3M
- Lead/follow: 36% lead, 64% follow
Portfolio highlights
- Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
- 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.
- Vaultspeed — Save your teams months of headache with a no-code approach to automate your multi-source data integration, Data Vault modeling & ETL/DDL code generation.
AgroSavfe nv, a Belgium-based agro-biotech company
Show more...Investment focus
- Industry: Biotechnology, Agriculture, AgTech
- Stage:Seed, Series B, Series A
- Geography: Belgium, United Kingdom, Switzerland
Investor stats
- Total investments: 21
- Round size: Seed $2.9M–$11M; Series A $8.4M–$9.3M; Series B $4.7M–$24M
- Lead/follow: 29% lead, 71% follow
Portfolio highlights
- Optiflux — Optiflux automatiseert het bewaarbeheer van vers fruit met slimme AI & vision-technologie. Minder verlies, meer winst voor teler & handelaar.
- Rainbow Crops — Rainbow Crops is a next-generation Agtech company developing climate-resilient, high-performing crop varieties.
- MoA Technology — We harness the principles of natural selection to accelerate discovery for better, safer herbicides so farmers can continue to feed the world.
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822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!WE International is a financial firm that provides an array of loans, funding, acquisition, and investment services.
Show more...Investment focus
- Industry: Health Care, Energy, Biotechnology
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Belgium, United States, France
Investor stats
- Total investments: 23
- Round size: Seed $2.2M–$43M; Series A $10M–$57M; Venture - Series Unknown $16M–$251M
- Lead/follow: 26% lead, 74% follow
Portfolio highlights
- e-peas — Discover e-peas, pioneer of the Ambient IoT concept since 2014, which offers the most efficient energy harvesting pmics on the market to make your devices more energy self-sufficient: AEMs.
- neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
- VolitionRx — We are dedicated to revolutionizing the diagnosis and monitoring of life-altering diseases by advancing the science of epigenetics.
For game changers in medtech
Show more...Investment focus
- Industry: Health Care, Medical, Medical Device
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Belgium, United States
Investor stats
- Total investments: 12
- Round size: Seed $4.1M–$11M; Series A $5.3M–$12M; Venture - Series Unknown $5.5M–$11M
- Lead/follow: 67% lead, 33% follow
- Last fund: May invest from a new fund soon — raised $23M in 2019
Portfolio highlights
- neuroClues — An easy-to-use eye-tracking environment to help practitioners instantaneously quantify their clinical exam
- Minze Health — Minze Health is a health tech start-up that builds creative digital health solutions for urology, pelvic health, and (in)continence care.
- Clouds of care — Increasing your probability of success through the adoption of meaningful endpoints, starting from electrophysiology.
The KBC Focus Fund is a € 50 million venture capital fund that leverages the network of KBC in our investments. As we are an evergreen fund, we always strive for an exit when market conditions are favourable.
Show more...Investment focus
- Industry: Semiconductor, Manufacturing, Electronics
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Belgium, The Netherlands, France
Investor stats
- Total investments: 26
- Round size: Seed $1.2M–$8.2M; Series A $2.7M–$17M; Venture - Series Unknown $1.5M–$22M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- e-peas — Discover e-peas, pioneer of the Ambient IoT concept since 2014, which offers the most efficient energy harvesting pmics on the market to make your devices more energy self-sufficient: AEMs.
- Hummink — Dream Smaller Now : Experience a revolution with Hummink's world's smallest fountain pen. Redefine micro-scale writing with our innovative technology.
- CoolSem Technologies — CoolSem Technologies, based in Eindhoven, the Netherlands, was founded in 2025. The startup develops innovative wafer-level thermal management technologies that reduce thermal resistance and minimize mechanical stress in advanced semiconductor and photonic devices. With its WaLTIS multilayer stack, CoolSem replaces conventional substrates with aspecially designed layer structure that optimizes heat flow, stability and reliability.
Early-stage venture capital fund focused on alumni of the imec.istart accelerator and exceptional tech founders building in Applied AI, Spacetech, Healthtech, and Deep Tech. Based in Antwerp, Belgium.
Show more...Investment focus
- Industry: Health Care, Medical Device, Satellite Communication
- Stage:Seed, Pre-Seed, Series A
- Geography: Belgium, United Kingdom
Investor stats
- Total investments: 10
- Round size: Seed $1.2M–$5.7M
- Lead/follow: 30% lead, 70% follow
Portfolio highlights
- EDGX — EDGX, founded in 2023 in Ghent, is a Belgian Space Tech company developing high-speed edge computing units for satellites. Its NVIDIA-powered Sterna Computer and SpaceFeather software enable real-time, AI-driven on-orbit data processing for applications in communication, Earth observation, and intelligence.
- nxgsat — We build interoperable satellite networks.
- OnTracx — OnTracx measures and manages the load your body experiences, step by step. Our sensor captures real-time load during any run, bringing lab-level precision to real-world conditions. The app empowers runners to monitor their progress, while OnTracx Pro gives professionals the tools for load screenings, training program creation, and effortless athlete follow-up.
Startups, increase your value by 3 within 9 months thanks to Power 3 by Leanfund (www.leanfund.com)!
Show more...Investment focus
- Industry: Internet, Apps, Software
- Stage:Seed, Series B
- Geography: Belgium, United States, France
Investor stats
- Total investments: 12
- Round size: Seed $66k–$384k
- Lead/follow: 83% lead, 17% follow
Portfolio highlights
- Neveo — With one click, send photos and messages on a family newspaper that your senior will receive every month.
- Supersec — Good to eat, good to think: discover the Supersec organic, healthy, artisanal and sustainable food treats available in bulk delivery!
- Sortlist — Discover the most relevant agencies for your project based on your own specific requirements.
TheClubDeal is an investment holding and fund manager co-investing into SME’s and real estate projects. It provides facilitation of governance between non-executive shareholders and entrepreneurs. Its governance structure, including its charter of avoidance of conflict of interests, is therefore paramount to the adequate management of the Company.At TheClubDeal, we connect Investors and Entrepreneurs around promising investment opportunities. For each of these, we will invest ourselves and co-invest with a selected number of investors. We add value by processing strong applied governance principles, when selecting and managing our investments, and by gathering the necessary skills to successfully grow the businesses and real-estate projects we co-invest in. TheClubDeal is launching their second fund, a 50M € PRIVAK/PRICAF in H1 2021 with the mandate to invest in Belgian scale-ups in three sectors: Smart Living, Tech and Life Sciences.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical Device
- Stage:Series A, Series B, Venture - Series Unknown
- Geography: Belgium, France
Investor stats
- Total investments: 18
- Round size: Series A $2.1M–$7.7M; Series B $13M–$18M; Venture - Series Unknown $5.5M–$6.5M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Vaxinano — Vaxinano is a biotechnology company specialized in preclinical and pharmaceutical development of human and veterinary vaccines and drug delivery systems. Vaxinano was created in 2016, building on 25 years of research and clinical trials on vaccines and the patented technology of Pr Didier Betbeder.
- Inpulse — Inpulse is an automated supply management platform for restaurateurs.
- Clouds of care — Increasing your probability of success through the adoption of meaningful endpoints, starting from electrophysiology.
Bold Founders, we're here for the ride
Show more...Investment focus
- Industry: Artificial Intelligence, CRM, SaaS
- Stage:Seed, Pre-Seed
- Geography: France, Belgium
Investor stats
- Total investments: 12
- Round size: Seed $1.6M–$4.8M; Pre-Seed $1.4M–$1.7M
- Lead/follow: 25% lead, 75% follow
Portfolio highlights
- Dockflow — The easy to use, secure and flexible platform changes the way partners in maritime logistics chains to collaborate. It provides a structured way for users to share documents, shipping information and monitor tradeflows in real-time.
- TwoWay — AI-powered real-time intelligence that transforms chat communications into structured trading insights for financial institutions.
- Presage Labs — Frontier AI research lab building world models for cloud infrastructure.
Vesalius Biocapital Partners invests in companies active in human health through venture capital funds raised since 2007. They have contributed to developing 20 companies since inception.With more than € 150 million under management in two funds. Vesalius Biocapital Partners plays the role of lead investor in the large majority of its financingrounds.Their companies are based in Europe allowing easy interaction with management.They invest in all stages of development and do not shy away from relatively early-stage projects with a sound proprietary technology and corresponding IP, unique team skills and a clear competitive edge based on solid data.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B, Series C
- Geography: Belgium, Germany, France
Investor stats
- Total investments: 61
- Round size: Series A $3.9M–$20M; Series B $4.4M–$25M; Series C $7M–$100M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
- ENYO Pharma — ENYO Pharma is a biopharmaceutical company incorporated in Jan, 2014, by four scientists of the Infectiology Research Center in Lyon, France, and three seeding partners (2 privates and 1 public).The company is based in the Infectiology Center of Lyonbiopôle in Lyon, France and maintains tight collaborations with the seminal Inserm team and theBSL4 laboratory Inserm-Jean Mérieux.ENYO Pharma has licensed several Inserm patents issued from the discoveries of the founding scientists and developed a unique platform for the identification of intracellular therapeutic targets and molecules.The company is developing treatments against the most important viruses and is thriving to become a global leader in anti-virals. Research and Development is currently focused on human infecting viruses, with the first two programs being dedicated to the treatment of severe and seasonal flu and chronic hepatitis B. The company plans to conduct its molecules to Phase II clinical trials.
- Inflammatix — Inflammatix develops rapid point of care diagnostic tests by reading the immune system, and resolves major clinical health challenges.
BNP Paribas Fortis is a bank that provides personal and business banking services.
Show more...Investment focus
- Industry: Biotechnology, Software, SaaS
- Stage:Debt Financing, Series B, Venture - Series Unknown
- Geography: Belgium, United States, France
Investor stats
- Total investments: 31
- Round size: Series B $9M–$109M; Debt Financing $363k–$1000M; Venture - Series Unknown $14M–$29M
- Lead/follow: 13% lead, 87% follow
Portfolio highlights
- Koc Holding — Koç Group is one of Turkey's largest industrial and services groups in terms of revenues, exports, research and development investments, patent portfolio, employees, taxes paid and market capitalization on the Borsa Istanbul. With consolidated revenues of $25.5 billion, it ranks among the world's Fortune 500 list. Koç Holding has leadingpositions with strong competitive advantages in various sectors, such as energy, automotive, consumer durables and finance. It has more than 97,000 employees and 10,000 dealers, agencies and after-sales service providers. Koç Group is celebrating its 90th anniversary.
- Aedifica — Aedifica is a leading Belgian listed company investing in healthcare real estate in Europe (BE, DE, NL, UK, FI, IE, ES, FR & IT) - senior housing in particular
- MRM Health NV — MRM Health NV, is a biopharmaceutical company focused on the discovery and development of innovative therapeutics based on the human microbiome. MRM Health was incorporated early 2020 by MRM Technologies, a Center of Expertise for microbiome research based in the biotech cluster in Ghent, in a joint venture with the Flemish Institute ofBiotechnology (VIB), an excellence-based entrepreneurial life sciences research institute in Flanders, Belgium, that focuses on translating basic scientific results into pharmaceutical, agricultural and industrial applications.
Providing capital plus strategic, clinical, operational, financial, and commercial support to deliver the added value inventors seek.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Therapeutics
- Stage:Series A, Series B, Series C
- Geography: United States, The Netherlands, Switzerland
Investor stats
- Total investments: 184
- Round size: Series A $7.3M–$78M; Series B $12M–$110M; Series C $12M–$165M
- Lead/follow: 41% lead, 59% follow
- Last fund: Likely still investing — raised $266M in 2023
Portfolio highlights
- ActoGeniX — ActoGeniX is a biopharmaceutical company focused on the development and commercialization of a range of biological drugs. ActoGeniX was founded by Bernard Coulie and Mark Vaeck in 2006 and is based in Zwijnaarde, Belgium.
- Neurent Medical — Discover NEUROMARK, a minimally invasive solution for Chronic Rhinitis that targets the posterior nasal nerve to provide lasting symptom relief.
- Rotation Medical — Rotation Medical Inc. manufactures and markets a collagen scaffold for rotational cuff disease in Minnesota. The company was formerly known as Denali Medical Inc. and changed its name to Rotation Medical Inc. in March 2010. Rotation Medical was founded in 2009 and headquartered in Plymouth, Minnesota.
VC funding in Belgium at a glance
Stats across 1.7k deals from 1.2k investors.
Access all 1201 VC funds in Belgium startups.
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