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Top 50 VC Funds & Investors in Belgium (June 2026)

The most active venture capital funds investing in Belgium startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
PMV
VC Fund
95 Belgium, United States, The Netherlands Series A, Seed Software, Biotechnology, Health Care $549k–$40M
Limburgse Reconversie Maatschappij
VC Fund
49 Belgium, United States, The Netherlands Seed, Series A Information Technology, Software, Biotechnology $494k–$11M
Qbic Fund
VC Fund
37 Belgium, The Netherlands Seed, Series A Biotechnology, Software, Health Care $868k–$47M
S.R.I.W.
VC Fund
36 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $411k–$75M
Pitchdrive
VC Fund
36 Belgium, United Kingdom, Spain Pre-Seed, Seed, Series A Software, SaaS, Artificial Intelligence $110k–$4.8M
Meusinvest (Noshaq)
VC Fund
35 Belgium, France, Germany Series A, Seed Biotechnology, Health Care, Medical $137k–$16M
Volta Ventures
VC Fund
35 Belgium, The Netherlands, United States Seed, Series A Software, Information Technology, Artificial Intelligence $549k–$10M
WING by Digital Wallonia
VC Fund
30 Belgium Seed, Convertible Note, Series A Software, Health Care, SaaS $219k–$11M
Gemma Frisius Fund
VC Fund
25 Belgium, France, United Kingdom Seed, Series B, Series A Biotechnology, Health Care, Medical $384k–$84M
Capricorn Partners
VC Fund
23 Belgium, United States, The Netherlands Series A, Series B Biotechnology, Software, Health Care $3.3M–$42M
Sambrinvest
VC Fund
22 Belgium, France, Spain Seed, Series A, Series B Biotechnology, Health Care, Medical $411k–$57M
Seeder Fund
VC Fund
22 Belgium, Luxembourg, France Seed, Pre-Seed, Series A Software, Information Technology, SaaS $219k–$8M
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–$13M
Syndicate One
VC Fund
19 Belgium, United Kingdom, United States Pre-Seed, Seed, Series A Artificial Intelligence, Software, SaaS $1M–$13M
SmartFin
VC Fund
18 Belgium, The Netherlands, Turkey Series A, Series B Software, SaaS, Information Technology $3M–$30M
Gimv
VC Fund
18 Belgium, United States, France Series B, Series A Biotechnology, Health Care, Medical $3.3M–$69M
LeanSquare
VC Fund
18 Belgium, France, United States Seed, Series A Software, Music, Information Technology $200k–$12M
KBC
VC Fund
17 Belgium, United States, The Netherlands Seed, Series A, Series B Biotechnology, Health Care, FinTech $549k–$65M
V-Bio Ventures
VC Fund
16 Belgium, France, United States Series A, Series B, Seed Biotechnology, Health Care, Therapeutics $3.2M–$88M
The Faktory Fund
VC Fund
15 Belgium, France, United States Seed, Pre-Seed Software, Analytics, Information Technology $1.1M–$4.4M
Be Angels
VC Fund
15 Belgium, France, Luxembourg Seed, Pre-Seed SaaS, Software, Health Care $78k–$1.5M
imec.xpand
VC Fund
14 Belgium, United States, Germany Seed, Series A, Series B Semiconductor, Manufacturing, Medical Device $3.3M–$100M
Innovation Fund
VC Fund
13 Belgium, France, Luxembourg Seed, Series A Health Care, Manufacturing, Information Technology $329k–$5.8M
Vives Louvain Technology Fund
VC Fund
13 Belgium, France, United States Series A, Series B Health Care, Biotechnology, Medical $491k–$125M
Ark Angels Activator Fund
VC Fund
13 Belgium Series A, Seed Software, Information Technology, SaaS $932k–$7.4M
Finance.Brussels
VC Fund
13 Belgium, France Seed, Series A Software, Financial Services, Information Technology $1.5M–$7M
Angelwise
VC Fund
12 Belgium, The Netherlands Seed, Pre-Seed Software, SaaS, Information Technology $521k–$3M
VIB
VC Fund
12 Belgium, Brazil, Denmark Series A, Series B, Seed Biotechnology, Health Care, Therapeutics $3.2M–$84M
Belfius Bank
VC Fund
12 Belgium, France, The Netherlands Debt Financing, Seed, Series A Software, SaaS, Health Care $291k–$382M
Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund
11 Belgium, Israel, Germany Grant, Pre-Seed, Seed Biotechnology, Health Care, Software $200k–$3.2M
Spreds
VC Fund
10 Belgium, France Series A, Seed, Series B E-Commerce, Health Care, Online Portals $165k–$2.5M
The CoFoundry
VC Fund
9 Belgium, The Netherlands, United States Seed, Series A Software, SaaS, Security $878k–$3.9M
Peak
VC Fund
9 The Netherlands, Germany, Sweden Seed, Pre-Seed Software, SaaS, Information Technology $549k–$5M
XAnge
VC Fund
9 France, Germany, Belgium Series A, Seed, Series B Software, SaaS, E-Commerce $1.1M–$60M
Newion
VC Fund
9 The Netherlands, Belgium, Germany Series A, Seed Software, SaaS, Information Technology $796k–$7.5M
SFPIM
VC Fund
9 Belgium, France, Switzerland Series A, Series B Biotechnology, Health Care, AgTech $6.9M–$64M
Newton Biocapital
VC Fund
9 Belgium, Japan, France Series A, Seed Biotechnology, Medical, Health Care $2.7M–$84M
Lean FUND
VC Fund
8 Belgium, United States, France Seed, Series B Internet, Apps, Software $66k–$384k
ING Group
VC Fund
7 United States, United Kingdom, The Netherlands Debt Financing, Post-IPO Debt Energy, Renewable Energy, Solar $100M–$3B
Theodorus III
VC Fund
7 Belgium, Canada, France Seed, Series A Health Care, Life Science, Medical $2.2M–$11M
Finindus
VC Fund
7 Belgium, United States, Sweden Series A, Seed Manufacturing, Industrial, Renewable Energy $1.3M–$27M
Vesalius Biocapital Partners
VC Fund
7 Belgium, Germany, France Series A, Series B, Series C Biotechnology, Health Care, Medical $3.8M–$100M
imec.istart Future Fund
VC Fund
7 Belgium, United Kingdom Seed, Pre-Seed, Series A Health Care, Medical Device, Satellite Communication $1.2M–$5.7M
TCD Capital (ex TheClubDeal)
VC Fund
7 Belgium, France Series A, Series B, Seed Health Care, Biotechnology, Information Technology $2.2M–$18M
E-Merge
VC Fund
7 United States, Belgium, Spain Seed, Series A Software, SaaS, E-Commerce $213k–$25M
Big Bang Ventures
VC Fund
7 Belgium, The Netherlands, United States Series A, Series B Software, Cloud Computing, Apps $1M–$9M
EQT Life Sciences
VC Fund
6 United States, The Netherlands, Switzerland Series A, Series B, Series C Biotechnology, Health Care, Therapeutics $6.9M–$165M
Baekeland Funds
VC Fund
6 Belgium Series B, Series C Biotechnology, Hardware, Software
BNP Paribas Fortis
VC Fund
6 Belgium, United States, Germany Debt Financing, Series B Biotechnology, Logistics, Pharmaceutical
Access all 1042 VC funds in Belgium startups.

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

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Investor list

PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 95 investments in Belgium startups

Do and dare company

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Series A, Seed
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 147
  • Round size: Seed $549k–$4.3M; Series A $2.7M–$40M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Sentea — Sentea makes fibre optic Sensing affordable to the industry and enables continuous monitoring even in harsh environments.
  • RheaVita — Streamline your lyophilization process with RheaVita's innovative freeze-drying technologies, accelerating drug development while ensuring compliance and efficiency. Discover our solutions today.
  • Gorilla — We empower Energy Retailers in pricing, forecasting and reporting with data-driven solutions in boosting speed and flexibility.
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Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 49 investments in Belgium startups

Oxygen for growth - LRM

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Investment focus

  • Industry: Information Technology, Software, Biotechnology
  • Stage:Seed, Series A
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 87
  • Round size: Seed $494k–$5.2M; Series A $1.6M–$11M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • 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.
  • MobieTrain — Train, connect and empower your frontline teams in minutes. MobieTrain boosts onboarding, training, engagement, and performance. All in one simple platform
  • TrendMiner — TrendMinder designs and delivers a fast, powerful and intuitive industrial analytics platform for everyone in operations to make smarter, data-driven decisions.
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Qbic Fund
VC Fund · Belgium, Wisconsin, United States · 37 investments in Belgium startups

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.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 54
  • Round size: Seed $1.1M–$11M; Series A $868k–$47M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $57M in 2022

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.
  • Flindr Therapeutics — Immagene develops personalized cancer immunotherapies to fight multiple cancer type.
  • Blue Foot Membranes — Blue Foot Membranes delivers unbreakable MBR membranes for wastewater treatment. Reliable water reuse, high capacity and low total cost of ownership.
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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 36 investments in Belgium startups

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.

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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

  • Intressa Vascular — Intressa Vascular provides innovative solutions to address life-threatening cardiovascular conditions such as aortic dissection.
  • Minoryx Therapeutics — Minoryx is focused on the discovery and development of novel treatments for severe, orphan diseases of the central nervous system with high unmet medical need.
  • Santero Therapeutics — This is the homepage of the website
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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 36 investments in Belgium startups

Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up.

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Investment focus

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

Investor stats

  • Total investments: 82
  • Round size: Seed $656k–$4.8M; Pre-Seed $110k–$2M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • NineID — NineID provides a biometric access control solution and identity visitor management system that increases businesses' security, compliance, and safety.
  • Revend — Thanks for visiting Revend's Crunchbase page. Revend is the e-commerce tool that monitors, detects, and pinpoints revenue-impacting issues in minutes for D2C and omni-channel companies. Put differently, Revend is a watchdog for e-commerce KPIs. Revenue, add to carts, checkouts, we keep a close eye on them in near real-time. It is supereasy to install, and easily integrates with your preferred communication channels. We've also been called 'a smoke detector for online shops'.We are working together with a select number of large e-commerce companies that currently trail our solution prior to our launch in early 2023.Today, you can put yourself on the waitlist to ensure early access on Revend's website upon launch. For any questions or requests, please feel welcome to reach out via info@revend.ai.
  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
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Meusinvest (Noshaq)
VC Fund · Liège, Liege, Belgium · 35 investments in Belgium startups

Noshaq offers financial services to help businesses develop.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Seed
  • Geography: Belgium, France, Germany

Investor stats

  • Total investments: 76
  • Round size: Seed $137k–$6M; Series A $3.3M–$16M
  • Lead/follow: 9% lead, 91% 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).
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Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 35 investments in Belgium 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
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 88
  • Round size: Seed $549k–$5.2M; Series A $2.2M–$10M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $72M in 2019

Portfolio highlights

  • Hyperfox — The tailored eCommerce platform for the Wholesales industry. All you ever needed to grow your Wholesales enterprise.
  • Nodalview — Nodalview helps real estate agents deliver cutting edge content and an impressive buying experience for happy and loyal customers.
  • Supplied — Streamlining onboarding and compliance processes for businesses with innovative AI tools and applications
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WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 30 investments in Belgium startups

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).

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Convertible Note, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 34
  • Round size: Seed $346k–$1.9M; Series A $1.1M–$11M; Convertible Note $219k–$568k
  • 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.
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Gemma Frisius Fund
VC Fund · Leuven, Vlaams-Brabant, Belgium · 25 investments in Belgium startups

Gemma Frisius Fund KU Leuven is a seed capital fund that aims to stimulate the creation and growth of university related spin-off companies.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Seed, Series B, Series A
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $384k–$33M; Series A $932k–$84M; Series B $4.4M–$24M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Aspect Analytics — Aspect Analytics offers consultancy services, home-grown software, development of workflows, and customization of software.
  • Magics Technologies — Magics Technologies is a nuclear research center that develops autonomous machines for sustainable energy sources.
  • 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.
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Capricorn Partners
VC Fund · Leuven, Vlaams-Brabant, Belgium · 23 investments in Belgium startups

Capricorn Partners is a unique independent manager of venture capital, growth capital and quoted equity funds

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Series A, Series B
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 117
  • Round size: Series A $3.3M–$18M; Series B $5.3M–$42M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • 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
  • 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.
  • VOID Technologies — VOID Technologies is a groundbreaking materials science company spun out of Kimberly-Clark to commercialise the VO+ technology. Our business model is based on supplying VO+ additive masterbatches to film manufacturers.
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Access 48,091 investors

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

Browse database — It's Free!
Sambrinvest
VC Fund · Gosselies, Hainaut, Belgium · 22 investments in Belgium startups

Sambrinvest is an active venture capital player in the region of Charleroi - Thuin.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, France, Spain

Investor stats

  • Total investments: 39
  • Round size: Seed $544k–$24M; Series A $411k–$57M; Series B $4.4M–$44M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • 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.
  • 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.
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 22 investments in Belgium startups

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: 33
  • Round size: Seed $384k–$2.5M; Pre-Seed $219k–$2.4M; Series A $3.3M–$8M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • CrypDefi — Unified custody and compliance for institutional digital finance.
  • Alice — Reimagining the legal drafting process with AI, allowing lawyers to concentrate on strategic decisions and achieve better legal outcomes.
  • Vectrix — Vectrix offers AI-based automation and consulting solutions for businesses and logistics companies to automate workflows.
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Fortino Capital
VC Fund · Zaventem, Vlaams-Brabant, Belgium · 22 investments in Belgium startups

We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Seed
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 70
  • Round size: Seed $2M–$5.8M; Series A $3.9M–$17M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • 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.
  • Mobilexpense — Expense management solutions for mid-sized organisations and large enterprises. Automate your expense management: improve productivity and save costs.
  • Getvisibility — Attain swift and comprehensive visibility and context for all your data, whether in motion or at rest, encompassing both on-premises and cloud environments. This empowers your teams to take proactive measures in identifying, prioritising, assigning ownership, remediating, and preventing risks that could impact your business, ensuring the utmost security across all aspects of your operations.
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Inventures SA
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 21 investments in Belgium startups

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.

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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–$2.2M; Series A $411k–$13M
  • 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 — A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.
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Syndicate One
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 19 investments in Belgium startups

Syndicate One helps Belgian startups scale up their businesses through early-stage financing, relevant advice and mentorship.

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Investment focus

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

Investor stats

  • Total investments: 28
  • Round size: Seed $1.4M–$13M; Pre-Seed $1M–$3.3M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — raised $4.8M in 2024

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Jurimesh — Jurimesh is an AI-powered legal due diligence automation and analyzer workspace using the various tools.
  • Belfort — Belfort is specialising in technology that accelerates encrypted data processing, allowing it to be done in real time without ever decrypting the data.
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SmartFin
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 18 investments in Belgium startups

Venture capital fund focussing on European B2B technology companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B
  • Geography: Belgium, The Netherlands, Turkey

Investor stats

  • Total investments: 52
  • Round size: Series A $3.2M–$13M; Series B $3M–$30M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $281M in 2020

Portfolio highlights

  • Locatee — Locatee is the leading workplace analytics solution that transforms complex data into space utilisation insight. Developed with a strong focus and a deep understanding of the corporate real estate challenges facing the modern world of work, Locatee empowers leaders and managers to make decisions about their business buildings with confidence.Locatee works by leveraging office occupancy data from multiple sources, processing them using unique patented technology, and beautifully visualising them all in one place. With workplace intelligence at fingertips’ length, it’s easy to identify optimisation potential, realise savings, and enhance company’s workplace experience across the entire real estate portfolio.
  • 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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Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 18 investments in Belgium startups

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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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series B, Series A
  • Geography: Belgium, United States, France

Investor stats

  • Total investments: 166
  • Round size: Series A $3.3M–$65M; Series B $7M–$69M
  • Lead/follow: 31% lead, 69% 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.
  • Marco Vasco — MarcoVasco, (previously known as PlanetVeo) is an online travel agency specialised in organising tailor-made journeys.Founded in 2007 by 3 French entrepreneurs, Marco Vasco quickly became a leader on the online custom holidays market.The company is based in Paris (France) with an office as well in Shanghai (China).The company is profitablesince 2010 and our revenues have grown rapidly from 1 million euros in 2008 to 60 million euros in 2013 (organic growth).
  • ImCheck Therapeutics — ImCheck Therapeutics is a developer of immuno-modulatory antibodies designed for the treatment of cancer and other immune-related diseases. The company's services are engaged in the discovery and development of immunomodulators for treating breast cancer, gastric, ovarian cancer cells and other solid solid tumours.
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LeanSquare
VC Fund · Liège, Liege, Belgium · 18 investments in Belgium startups

New Economy Startups Investor & Accelerator

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Investment focus

  • Industry: Software, Music, Information Technology
  • Stage:Seed, Series A
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $200k–$2.5M; Series A $247k–$12M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • 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.
  • ClimateCamp — Looking for a sustainable way to collaborate with your suppliers on emissions reduction projects? Look no further than our platform - Book a demo for free!
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KBC
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 17 investments in Belgium startups

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.

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Investment focus

  • Industry: Biotechnology, Health Care, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 33
  • Round size: Seed $549k–$8.2M; Series A $2.9M–$65M; Series B $33M–$44M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Rookoo — Rookoo is an AI-driven venue management software that talks to your customers, handles the intake, checks availability, fills your CRM or booking software, and hands off to your team for seamless follow-up.
  • 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.
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V-Bio Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 16 investments in Belgium startups

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.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series A, Series B, Seed
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $3.2M–$50M; Series A $6.6M–$73M; Series B $12M–$88M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $129M in 2021

Portfolio highlights

  • 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.
  • 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.
  • Corteria Pharmaceuticals — Corteria Pharmaceuticals develops first-in-class drugs in heart failure subpopulations, focused on the development of transformative therapies for the treatment of worsening and acute decompensated heart failure.
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The Faktory Fund
VC Fund · Liège, Liege, Belgium · 15 investments in Belgium startups

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.

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Investment focus

  • Industry: Software, Analytics, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $1.1M–$4.4M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • IVEX — IVEX offers Repeatable and Scalable Testing & Validation Data Analytics solutions for ADAS/AD Vehicles.
  • 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
  • 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.
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Be Angels
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 15 investments in Belgium 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: 23
  • Round size: Seed $247k–$1.5M; Pre-Seed $78k–$373k
  • Lead/follow: 35% lead, 65% 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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imec.xpand
VC Fund · Leuven, Vlaams-Brabant, Belgium · 14 investments in Belgium startups

Expanding nanotechnology into business.

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Investment focus

  • Industry: Semiconductor, Manufacturing, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: Belgium, United States, Germany

Investor stats

  • Total investments: 47
  • Round size: Seed $3.3M–$21M; Series A $8.7M–$56M; Series B $12M–$100M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $351M in 2024

Portfolio highlights

  • Pharrowtech — Pharrowtech designs next-generation solutions for fixed-wireless access, wireless VR/AR and ultra-high capacity wireless links. It builds on more than 12 years of top-notch R&D performed at imec, the Belgian R&D powerhouse. Leveraging deep technical expertise in algorithm, chip and antenna design for millimeter-wave systems, it createsproducts with best-in-class performance, power and cost features.
  • Onera Health — Introduction to Onera sleep diagnostics and monitoring solutions
  • Swave Photonics — Swave develops Spatial Computing, Holography, holographic chips, and holograms in the HXR chip to create 3D augmented and virtual reality and HUD Heads Up Displays
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Innovation Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 13 investments in Belgium startups

Chemical, Advanced Materials, Cosmetics, Recycling, CleanTech, Plastics and Rubber Manufacturing, Nanotechnology, Biosciences

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Investment focus

  • Industry: Health Care, Manufacturing, Information Technology
  • Stage:Seed, Series A
  • Geography: Belgium, France, Luxembourg

Investor stats

  • Total investments: 30
  • Round size: Seed $329k–$5.8M; Series A $2.2M–$5.7M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Aerosint — Aerosint invented a technology called "Selective Powder Deposition" which deposits multiple powders in each layer. This unlocks multi-material 3D printing.
  • Daphne Technology — Measure and abate methane slip with Daphne Technology. Learn how we reduce emissions in gas engine exhaust. Contact us today!
  • Zeopore Technologies — Zeopore Technologies innovates zeolite mesoporization to optimize catalysts that enhance processes in refining and petrochemical industries. This leads to higher quality products, lower energy use and less waste, using an approach that is affordable, easily scalable and non-hazardous.
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Vives Louvain Technology Fund
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 13 investments in Belgium startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Series B
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 25
  • Round size: Series A $491k–$46M; Series B $4.4M–$125M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2020

Portfolio highlights

  • 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.
  • Syndesi Therapeutics — Science that Builds Connections
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Ark Angels Activator Fund
VC Fund · Hasselt, Limburg, Belgium · 13 investments in Belgium startups

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,

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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–$7.4M
  • 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.
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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 13 investments in Belgium startups

Regional Investment Company of Brussels

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Investment focus

  • Industry: Software, Financial Services, Information Technology
  • Stage:Seed, Series A
  • Geography: Belgium, France

Investor stats

  • Total investments: 23
  • Round size: Seed $1.5M–$5.5M; Series A $2.3M–$7M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Wooclap — Engage your audience with Wooclap's free interactive presentation tool. Create dynamic and engaging presentations that keep your audience hooked.
  • AILOS Robotics
  • Axiles Bionics — Axiles Bionics aims to improve the quality of life of amputees with revolutionary technologies. Discover the LUNARIS, our brand new ankle-foot prosthesis.
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Angelwise
VC Fund · Hasselt, Limburg, Belgium · 12 investments in Belgium startups

Angelwise Vlaams Investeringsfonds

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 15
  • Round size: Seed $521k–$3M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Pleevi — Pleevi provides smart charging solutions with advanced EMS for EV infrastructure. Load balancing, load scheduling, and energy management to reduce costs by 30%.
  • 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
  • Sealution — Sealution is a startup that was founded to improve connectivity on board of merchant vessels to enable IoT solutions.For decades, the maritime sector has been lagging behind in terms of digital innovation due to the impenetrable steel walls below deck that made it impossible for any signal to get to the bridge.At Sealution we are bringing thesector into the 21st century.
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VIB
VC Fund · Gent, Oost-Vlaanderen, Belgium · 12 investments in Belgium startups

Strategic research in on life sciences and biotechnology

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series A, Series B, Seed
  • Geography: Belgium, Brazil, Denmark

Investor stats

  • Total investments: 23
  • Round size: Seed $3.2M–$4.6M; Series A $6.8M–$84M; Series B $4.4M–$65M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Animab — Animal Health Company
  • 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.
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Belfius Bank
VC Fund · Saint-josse-ten-noode, Brussels Hoofdstedelijk Gewest, Belgium · 12 investments in Belgium startups

Ontdek een bank-verzekeraar dicht bij u: rekeningen, kaarten, kredieten, sparen en verzekeringen. Beheer alles online of in kantoor, volgens uw behoeften.

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Investment focus

  • Industry: Software, SaaS, Health Care
  • Stage:Debt Financing, Seed, Series A
  • Geography: Belgium, France, The Netherlands

Investor stats

  • Total investments: 23
  • Round size: Seed $291k–$1.9M; Series A $768k–$23M; Debt Financing $1.1M–$382M
  • Lead/follow: 30% lead, 70% 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.
  • Tinrate — Tinrate is an easy-to-use connection that allows instructors, experts, and artists to be booked and paid immediately for their services. It serves as a link between your audience and your bank account rather than being a platform full of
  • Storm — Storm focuses on wind energy solutions, developing and managing wind farms for renewable energy production.
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Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 11 investments in Belgium startups

Basic and applied research fund of the Flemish regional government in Belgium

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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 $200k–$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.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 10 investments in Belgium startups

We empower high-potential entrepreneurship and democratize venture capital. Discover promising start-ups & SMEs and invest alongside business angels.

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Investment focus

  • Industry: E-Commerce, Health Care, Online Portals
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France

Investor stats

  • Total investments: 14
  • Round size: Seed $165k–$1.3M; Series A $247k–$2.5M; Series B $165k–$680k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Opinum — What is Opinum Data Hub? Our Data Hub is a secured Cloud-based platform that allows energy and environmental actors to centralise, enhance, analyse, and share data.
  • Digiteal — Digiteal offers a wide range of services for e-invoice presentment, electronic payments and open banking.
  • 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.
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The CoFoundry
VC Fund · Antwerp, Antwerpen, Belgium · 9 investments in Belgium startups

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.

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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–$3.9M
  • 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.
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Peak
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 9 investments in Belgium startups

European early-stage venture capital fund backed 100% by founders. Helping Pre-Seed and Seed SaaS, Marketplaces & Platforms with their Go-To-Market.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: The Netherlands, Germany, Sweden

Investor stats

  • Total investments: 104
  • Round size: Seed $658k–$5M; Pre-Seed $549k–$2.6M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Hygraph — A GraphQL-native headless CMS that marketers and developers love. Structure content, scale with AI, and launch faster across every channel.
  • Stack — Stack is an immersive experience of the internet with collaboration at its core. Achieve more with your peers in an organized environment
  • Sonomo — Invest in music royalties and earn monthly dividends. Thousands of assets to trade from and build a balanced portfolio. Start today.
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XAnge
VC Fund · Paris, Ile-de-France, France · 9 investments in Belgium startups

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.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: France, Germany, Belgium

Investor stats

  • Total investments: 213
  • Round size: Seed $1.1M–$8M; Series A $3M–$20M; Series B $6M–$60M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $234M in 2021

Portfolio highlights

  • ELDIM
  • Dattak — Dattak offers cyber insurance solutions based on cybersecurity technologies. Their cybersecurity tools allow us to assess a company's level of cybersecurity without complex questionnaires. They provide their policyholders with a variety of cybersecurity tools to help them prevent and defend against cyberattacks.
  • Tomorro — Leeway helps you reduce the time spent on contract management and gives you more control and visibility over legal and financial risks.
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Newion
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 9 investments in Belgium startups

Newion is a venture capital firm focused on early-stage investments in B2B software companies. Its mission is to support entrepreneurs in building software companies into category leaders that create sustainable impact, and in doing so generate excellent returns to its investors.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed
  • Geography: The Netherlands, Belgium, Germany

Investor stats

  • Total investments: 78
  • Round size: Seed $796k–$6.6M; Series A $1.1M–$7.5M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $148M in 2022

Portfolio highlights

  • clockin — If you want to track your employees' working hours easily and in a legally compliant manner, clockin is the right choice. The multi-award-winning app reduces paperwork and manual effort to a minimum. The app can be installed on smartphones or as a tablet terminal in just a few minutes. Companies can add their employees just as easily and starttime tracking right away. The timesheets for individual employees, which are required for payroll accounting, are created automatically by clockin. In addition, the clockin app offers further functions, such as the option of a team calendar, requesting absences, tracking time on specific projects, obtaining signatures and thus every manual process is mapped digitally.
  • NjiaPay — Payments-as-a-Service platform that will streamline your operations and elevate your online payments across the African continent.
  • Agileday — Connect your business elements in one tool and manage your entire operations with Agileday. Match sales, projects, and talent together and optimize your business.
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SFPIM
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 9 investments in Belgium startups

SFPIM investment firm that invests in technology and infrastructure.

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Investment focus

  • Industry: Biotechnology, Health Care, AgTech
  • Stage:Series A, Series B
  • Geography: Belgium, France, Switzerland

Investor stats

  • Total investments: 19
  • Round size: Series A $6.9M–$57M; Series B $14M–$64M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Fyteko — For a more sustainable agriculture
  • Easyvest — Easyvest is leading a crusade to help all Belgians to make their money grow in a personalized, simple, low-cost and educational way.
  • John Cockerill Hydrogen — John Cockerill Hydrogen is a major global company that specializes in green hydrogen technology, particularly innovative alkaline electrolysers used to produce hydrogen.
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Newton Biocapital
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 9 investments in Belgium startups

Our mission is to mature innovation and support the growth of our portfolio companies to create value for patients, society, local ecosystems, and investors.

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Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Series A, Seed
  • Geography: Belgium, Japan, France

Investor stats

  • Total investments: 21
  • Round size: Seed $2.7M–$3.2M; Series A $5.9M–$84M
  • Lead/follow: 67% lead, 33% 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.
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Lean FUND
VC Fund · Louvain, Vlaams-Brabant, Belgium · 8 investments in Belgium startups

Startups, increase your value by 3 within 9 months thanks to Power 3 by Leanfund (www.leanfund.com)!

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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.
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ING Group
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 7 investments in Belgium startups, 15 in the past 12 months

Corporate site of ING, a global financial institution of Dutch origin, providing news, investor relations and general information

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Investment focus

  • Industry: Energy, Renewable Energy, Solar
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: United States, United Kingdom, The Netherlands

Investor stats

  • Total investments: 107
  • Round size: Post-IPO Debt $116M–$3B; Debt Financing $100M–$1.6B
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Terra-Gen — Terra-Gen was established in August 2007, led by an experienced executive management team averaging over 25 years of relevant industry experience. The team has contracted or re-contracted over 10,000 MW of power generation facilities and has developed or acquired over $25 billion in assets over their careers.
  • Glenveagh Properties — Glenveagh Properties PLC, formerly Glenveagh Properties Ltd, is an Ireland-based company focused on developing and building starter, mid-size and executive and high-end homes, with a principal focus on the Greater Dublin Area, either for itself or on behalf of third parties. Its flagship residential development site is the Marina village, which islocated beside the marina in Greystones with clear views of the Irish Sea to the east and the Wicklow Mountains to the west. Its other developments include Cois Glaisin, Co. Meath that focuses on first-time buyer homes and is located in the Dublin commuter-belt town of Navan,; Holsteiner Park, Clonee that is a development of 15 detached houses built on half acre plots; Milltown Meadows that is located in Ashbourne and comprises 67 homes; and Herbert Hill that comprises apartments and is located in the centre of Dundrum.
  • Vulcan Energy Resources — Vulcan Energy Resources Ltd is a junior mineral exploration company that is exploring and developing battery metals projects in Europe.
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Theodorus III
VC Fund · 7 investments in Belgium startups

Theodorus is the spin-off fund of Université Libre de Bruxelles that invests ininvest in early stage projects based on proprietary disruptive technologies.

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Investment focus

  • Industry: Health Care, Life Science, Medical
  • Stage:Seed, Series A
  • Geography: Belgium, Canada, France

Investor stats

  • Total investments: 13
  • Round size: Seed $3.7M–$11M; Series A $2.2M–$6.6M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • DrugBank — DrugBank augments human intelligence to improve the world’s health. Our suite of products are powered by the world’s most complete and up-to-date pharmaceutical knowledge database. It includes everything there is to know about drugs and how they work in the body. We enable companies to improve healthcare delivery through precision medicine orclinical software applications, as well as uncover insights through data science in drug discovery. Our knowledge base can be integrated into software solutions to help achieve clinical intelligence. Companies can easily scale their usage through our API and launch faster with flexible data modules. By providing users with advanced insights and the right information at the right time, users are empowered to make better health decisions.Our extensive, structured datasets are used to discover novel drug candidates, identify drug repurposing opportunities, and build predictive machine learning models. Companies working with data science can find answers quickly and get drugs to market faster with our evidence-based drug information. Lastly, our publicly available resource, DrugBank Online, is free-to-use with limited datasets available for download for academic and non-commercial researchers. DrugBank has been cited in over 13,000 academic publications and is used by millions of researchers and health professionals globally.
  • HYPNO VR — HypnoVR is a virtual reality software for anesthesia, treatment of pain, and anxiety. It was founded in 2016 and is based in Strasbourg, France.
  • Cascador Health — Cascador Health bridges the gap between sources and users of healthcare data. Using curated, validated and anonymized RWD allows healthcare providers and life science industry to gain insights and provide better care.
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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 7 investments in Belgium startups

Finindus provides early stage financing and growth capital to innovative companies active in the area of materials, material processing and sustainable manufacturing. We are funded by ArcelorMittal and the Flemish Region and linked to OCAS, the world class metals research center located in Belgium.

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Investment focus

  • Industry: Manufacturing, Industrial, Renewable Energy
  • Stage:Series A, Seed
  • Geography: Belgium, United States, Sweden

Investor stats

  • Total investments: 35
  • Round size: Seed $1.3M–$5.5M; Series A $3.5M–$27M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
  • CorrosionRADAR — CorrosionRADAR is a revolutionary patented sensing technology enabling the early detection, monitoring and prediction of hidden corrosion such as Corrosion Under Insulation (CUI)
  • Tretau — E-mobility is powered by its core - the electric motor. We at Tau are at the very core of the core: the copper winding wire, the magnetic core, the electrical steel.We just make it bet.
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Vesalius Biocapital Partners
VC Fund · Strassen, Luxembourg, Luxembourg · 7 investments in Belgium startups

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.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: Belgium, Germany, France

Investor stats

  • Total investments: 60
  • Round size: Series A $3.8M–$20M; Series B $4.4M–$27M; 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.
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imec.istart Future Fund
VC Fund · Antwerp, Antwerpen, Belgium · 7 investments in Belgium startups

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.

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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

  • Karomia — Karomia is an efficient and engaging B2B SaaS solution supporting sustainability officers in conducting a Double Materiality Assessment (DMA) of their organization, as part of their ESG report.
  • Veoware — More coverage, shorter revisit time. Increasing target collection frequency through modular next-gen actuator technology.
  • Minze Health — Digital Urology Starts Here from symptom to solution Home-based digital diagnostics and therapeutics for Male LUTS/BPH and OAB. Shaping the future of urology through meaningful data. Get In Touch Our Mission We're redefining how Male LUTS/BPH and OAB are diagnosed and treated Today's Challenge Lower urinary tract symptoms (LUTS) affect a growing group of patients.
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TCD Capital (ex TheClubDeal)
VC Fund · Uccle, Brussels Hoofdstedelijk Gewest, Belgium · 7 investments in Belgium startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: Belgium, France

Investor stats

  • Total investments: 17
  • Round size: Series A $2.2M–$7.7M; Series B $12M–$18M
  • Lead/follow: 24% lead, 76% 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.
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E-Merge
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 7 investments in Belgium startups

Find out if E-Merge is the right fit for your future career! Explore jobs, salary, equity, and funding information. Read about work-life balance, perks, benefits, and the company culture!

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A
  • Geography: United States, Belgium, Spain

Investor stats

  • Total investments: 69
  • Round size: Seed $213k–$3.5M; Series A $700k–$25M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — raised $267k in 2019

Portfolio highlights

  • Invopop — Issue compliant invoices, globally
  • Work Today — Create one profile. Apply to thousands of jobs in minutes.
  • Anagram — Anagram is making vision care more affordable and accessible for providers and consumers. Thousands of eye care practices use Anagram to operate independently, process out-of-network benefits, and deliver better pricing on eyewear for their patients.
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Big Bang Ventures
VC Fund · Antwerpen, Antwerpen, Belgium · 7 investments in Belgium startups

Supporting Exceptional entrepreneurs. We value emotional intelligence as much as data, growing internal culture as much as growing revenue, and forming strong, personal bonds with founders. We recognize patterns where other don't.

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Investment focus

  • Industry: Software, Cloud Computing, Apps
  • Stage:Series A, Series B
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 19
  • Round size: Series A $1M–$2.7M; Series B $6M–$9M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Amplidata — From high-performance ingest that powers AI applications and demanding data-intensive workloads, to massive, durable data lakes to fuel AI models, Quantum offers the most comprehensive and cost-efficient data management solutions.
  • Clear2Pay — Clear2Pay is an innovative payments technology company focused on delivering globally applicable solutions for secure, timely and streamlined payments processing. Clear2Pay's Open Payment Framework (OPF) enables financial institutions to improve internal payments processing efficiencies whilst at the same time providing their clients withbetter payment services that are faster, with richer payments related information.Clear2Pay's solutions within the Service- Oriented Architecture (SOA) based Open Payment Framework offer financial institutions the ability to process payments through a centralised payments engine that utilises a library of re-useable business services across all payment types. The bank can thus combine new services models with existing infrastructures, thereby protecting previous investments whilst gradually moving to a more modern efficient payments environment.
  • Racktivity — Racktivity, an innovator in next-generation power, energy and environmental management solutions offers the industry's only integrated hardware and software for critical infrastructures.The DCPM suite, a Service Provider Infrastructure & Data Center Performance Management System, measures, monitors and manages power across distributeddata centres and gives customers full visibility and control of their energy consumption while integrating seamlessly with other applications and PDU appliances.Racktivity's EnergySwitch family of smart Power Distribution Units (PDUs), and sensors equips infrastructures with the most advanced metering, switching and predictive analysis capabilities available on the market today.
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EQT Life Sciences
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 6 investments in Belgium startups

Providing capital plus strategic, clinical, operational, financial, and commercial support to deliver the added value inventors seek.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series A, Series B, Series C
  • Geography: United States, The Netherlands, Switzerland

Investor stats

  • Total investments: 174
  • Round size: Series A $6.9M–$77M; Series B $12M–$103M; Series C $12M–$165M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $266M in 2023

Portfolio highlights

  • Perfuze — Perfuze was founded in 2018 by Wayne Allen and Liam Mullins. Perfuze is located within Galway City in the West of Ireland. The founders have over 30 years combined medtech experience within start-up and large corporations.Perfuze is developing innovative medical technology to treat acute ischemic stroke.Perfuze is developing innovative cathetertechnology to treat acute ischemic stroke. Their technology is intended to provide superior clinical outcomes in shorter procedural times; resulting in safe, cost-effective therapy. Perfuze was founded in 2018 by Wayne Allen and Liam Mullins. The founders have over 30 years combined medtech experience within start-up and large corporations. Perfuze is currently located in the Business Innovation Centre on the campus of the National University of Ireland, Galway, and is in the process of relocating to the IDA Business Park in Dangan, Galway.
  • Neuros Medical — Neuros Medical is a neuromodulation company, is focused on developing proprietary therapies for the unmet needs of patients worldwide. The Company's patented platform technology, Electrical Nerve Block, is focused on the elimination of chronic pain in a variety of applications including neuroma/residual limb pain, chronic post-surgicalpain, and chronic migraine.
  • Simplify Medical — Simplify Medical designs, develops, and manufactures cervical artificial discs for use in the spine. It offers an MRI compatible motion preserving artificial cervical disc that is used to treat single level symptomatic cervical disc disease.The company provides its products for skeletally mature patients for reconstruction of the disc at onelevel from C3-C7 following single-level discectomy for intractable radiculopathy, such as arm pain or a neurological deficit.Simplify Medical was founded in 2015 and is based in Mountain View, California.
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Baekeland Funds
VC Fund · Gent, Gelderland, The Netherlands · 6 investments in Belgium startups

Baekeland Funds is a seed capital fund formed to invest in companies developed at the University of Ghent.

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Investment focus

  • Industry: Biotechnology, Hardware, Software
  • Stage:Series B, Series C
  • Geography: Belgium

Investor stats

  • Total investments: 8
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Caliopa — Caliopa NV develops and markets silicon photonics based optical transceivers for the data and telecommunications markets. The company was incorporated in 2010 and is based in Zwijnaarde, Belgium.
  • Complix — Complix is a biopharmaceutical company focused on the discovery and development of Alphabodiesâ„¢, a novel class of biopharmaceuticals that offer significant advantages over existing protein based therapies. Alphabodiesâ„¢ bind with high affinity to a wide range of disease targets and are particularly suited to address certain targets that aredifficult to reach with antibodies or other types of protein scaffolds. Due to their unique stability and versatility Alphabodiesâ„¢ can be delivered via alternative non-injectable routes of administration, unlike most therapeutic proteins.
  • Trinean — Unchained Labs helps biologics & gene therapy researchers break free from tools that don't cut it. Crank up your research with our problem-solving products.
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BNP Paribas Fortis
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 6 investments in Belgium startups

BNP Paribas Fortis is a bank that provides personal and business banking services.

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Investment focus

  • Industry: Biotechnology, Logistics, Pharmaceutical
  • Stage:Debt Financing, Series B
  • Geography: Belgium, United States, Germany

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Aphea.Bio — . .sustainableagriculture-section {. backgroundcolor: fff;. boxshadow: 0 0.40rem 0.40rem rgba(0, 0, 0, 0.25);. display: flex;. flexdirection: column;. overflow: hidden;. backgroundsize: cover;. }.. .herobanner {. display: flex;. flexdirection: column;. position: relative
  • MobieTrain — Unlock the potential of your customer-facing employees and create memorable customer experiences with MobieTrain's app.
  • Global Infrastructure Partners — A leading global, independent infrastructure fund manager.
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VC funding in Belgium at a glance

Stats across 1.4k deals from 1k investors.

1k
investors
in Belgium startups
1.4k
deals
in Belgium startups
$2.7M
median round
in Belgium startups
48%
lead investors
lead at least one round
28%
Seed
most common funding stage

Access all 1042 VC funds in Belgium startups.

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