# Top 50 VC (Venture Capital) Funds in Belgium in June 2026 ## PMV - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 89 - Stages: Series A, Seed - Focus: Software, Biotechnology, Health Care Do and dare company ## Limburgse Reconversie Maatschappij - Type: VC Fund - Location: Hasselt, Limburg, Belgium - Relevant deals: 48 - Stages: Seed, Series A - Focus: Information Technology, Software, Biotechnology Oxygen for growth - LRM ## S.R.I.W. - Type: VC Fund - Location: Liège, Liege, Belgium - Relevant deals: 36 - Stages: Series A, Series B - Focus: Health Care, Biotechnology, Manufacturing 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. ## Volta Ventures - Type: VC Fund - Location: Gent, Oost-Vlaanderen, Belgium - Relevant deals: 35 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence 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. ## Meusinvest (Noshaq) - Type: VC Fund - Location: Liège, Liege, Belgium - Relevant deals: 35 - Stages: Series A, Seed - Focus: Biotechnology, Health Care, Medical Noshaq offers financial services to help businesses develop. ## Qbic Fund - Type: VC Fund - Location: Belgium, Wisconsin, United States - Relevant deals: 35 - Stages: Seed, Series A - Focus: Biotechnology, Software, Health Care 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. ## Pitchdrive - Type: VC Fund - Location: Antwerp, Antwerpen, Belgium - Relevant deals: 32 - Stages: Pre-Seed, Seed, Series A - Focus: Software, SaaS, Artificial Intelligence Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up. ## WING by Digital Wallonia - Type: VC Fund - Location: Liège, Liege, Belgium - Relevant deals: 30 - Stages: Seed, Convertible Note, Series A - Focus: Software, Health Care, SaaS 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). ## Gemma Frisius Fund - Type: VC Fund - Location: Leuven, Vlaams-Brabant, Belgium - Relevant deals: 24 - Stages: Seed, Series B, Series A - Focus: Biotechnology, Health Care, Medical Gemma Frisius Fund KU Leuven is a seed capital fund that aims to stimulate the creation and growth of university related spin-off companies. ## Sambrinvest - Type: VC Fund - Location: Gosselies, Hainaut, Belgium - Relevant deals: 22 - Stages: Seed, Series A, Series B - Focus: Biotechnology, Health Care, Medical Sambrinvest is an active venture capital player in the region of Charleroi - Thuin. ## Seeder Fund - Type: VC Fund - Location: Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 22 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, SaaS 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. ## Inventures SA - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 21 - Stages: Series A, Seed - Focus: Health Care, Biotechnology, Manufacturing 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. ## Capricorn Partners - Type: VC Fund - Location: Leuven, Vlaams-Brabant, Belgium - Relevant deals: 21 - Stages: Series A, Series B - Focus: Biotechnology, Health Care, Software Capricorn Partners is a unique independent manager of venture capital, growth capital and quoted equity funds ## Fortino Capital - Type: VC Fund - Location: Zaventem, Vlaams-Brabant, Belgium - Relevant deals: 20 - Stages: Series A, Seed - Focus: Software, Information Technology, SaaS We partner with exceptional B2B Software entrepreneurs across Northwestern Europe. ## Gimv - Type: VC Fund - Location: Antwerpen, Antwerpen, Belgium - Relevant deals: 19 - Stages: Series B, Series A - Focus: Biotechnology, Health Care, Medical Gimv, a trusted European investment company, helps mid-market businesses create sustainable value through growth capital and expertise across diverse sectors. ## LeanSquare - Type: VC Fund - Location: Liège, Liege, Belgium - Relevant deals: 18 - Stages: Seed, Series A - Focus: Software, Music, Information Technology New Economy Startups Investor & Accelerator ## SmartFin - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 18 - Stages: Series B, Series A - Focus: Software, SaaS, Information Technology Venture capital fund focussing on European B2B technology companies. ## Syndicate One - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 17 - Stages: Pre-Seed, Seed, Series A - Focus: Artificial Intelligence, Software, SaaS Syndicate One helps Belgian startups scale up their businesses through early-stage financing, relevant advice and mentorship. ## V-Bio Ventures - Type: VC Fund - Location: Gent, Oost-Vlaanderen, Belgium - Relevant deals: 16 - Stages: Series A, Series B, Seed - Focus: Biotechnology, Health Care, Therapeutics 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. ## KBC - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 16 - Stages: Seed, Series A, Series B - Focus: Biotechnology, Health Care, FinTech 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. ## The Faktory Fund - Type: VC Fund - Location: Liège, Liege, Belgium - Relevant deals: 15 - Stages: Seed, Pre-Seed - Focus: Software, Analytics, Information Technology 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. ## Be Angels - Type: VC Fund - Location: Louvain-la-neuve, Vlaams-Brabant, Belgium - Relevant deals: 14 - Stages: Seed, Pre-Seed - Focus: SaaS, Software, Health Care 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. ## imec.xpand - Type: VC Fund - Location: Leuven, Vlaams-Brabant, Belgium - Relevant deals: 14 - Stages: Seed, Series A, Series B - Focus: Semiconductor, Manufacturing, Medical Device Expanding nanotechnology into business. ## Vives Louvain Technology Fund - Type: VC Fund - Location: Louvain-la-neuve, Vlaams-Brabant, Belgium - Relevant deals: 13 - Stages: Series A, Series B - Focus: Health Care, Biotechnology, Medical 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. ## Innovation Fund - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 13 - Stages: Seed, Series A - Focus: Health Care, Manufacturing, Information Technology Chemical, Advanced Materials, Cosmetics, Recycling, CleanTech, Plastics and Rubber Manufacturing, Nanotechnology, Biosciences ## Ark Angels Activator Fund - Type: VC Fund - Location: Hasselt, Limburg, Belgium - Relevant deals: 13 - Stages: Series A, Seed - Focus: Software, Information Technology, SaaS 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, ## Finance.Brussels - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 12 - Stages: Seed, Series A - Focus: Software, Information Technology, Internet Regional Investment Company of Brussels ## VIB - Type: VC Fund - Location: Gent, Oost-Vlaanderen, Belgium - Relevant deals: 12 - Stages: Series A, Series B, Seed - Focus: Biotechnology, Health Care, Therapeutics Strategic research in on life sciences and biotechnology ## Flanders Innovation and Entrepreneurship (VLAIO) - Type: VC Fund - Location: Brussel, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 11 - Stages: Grant, Pre-Seed, Seed - Focus: Biotechnology, Health Care, Software Basic and applied research fund of the Flemish regional government in Belgium ## Angelwise - Type: VC Fund - Location: Hasselt, Limburg, Belgium - Relevant deals: 11 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Information Technology Angelwise Vlaams Investeringsfonds ## Belfius Bank - Type: VC Fund - Location: Saint-josse-ten-noode, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 10 - Stages: Debt Financing, Seed, Pre-Seed - Focus: Software, SaaS, Pharmaceutical Ontdek een bank-verzekeraar dicht bij u: rekeningen, kaarten, kredieten, sparen en verzekeringen. Beheer alles online of in kantoor, volgens uw behoeften. ## Spreds - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 10 - Stages: Series A, Seed, Series B - Focus: E-Commerce, Health Care, Online Portals We empower high-potential entrepreneurship and democratize venture capital. Discover promising start-ups & SMEs and invest alongside business angels. ## XAnge - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 9 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, E-Commerce 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. ## Newion - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 9 - Stages: Series A, Seed - Focus: Software, SaaS, Information Technology 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. ## The CoFoundry - Type: VC Fund - Location: Antwerp, Antwerpen, Belgium - Relevant deals: 9 - Stages: Seed, Series A - Focus: Software, SaaS, Security 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. ## Lean FUND - Type: VC Fund - Location: Louvain, Vlaams-Brabant, Belgium - Relevant deals: 8 - Stages: Seed, Series B - Focus: Internet, Apps, Software Startups, increase your value by 3 within 9 months thanks to Power 3 by Leanfund (www.leanfund.com)! ## Newton Biocapital - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 8 - Stages: Series A, Seed - Focus: Biotechnology, Medical, Pharmaceutical Our mission is to mature innovation and support the growth of our portfolio companies to create value for patients, society, local ecosystems, and investors. ## Peak - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 8 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Information Technology European early-stage venture capital fund backed 100% by founders. Helping Pre-Seed and Seed SaaS, Marketplaces & Platforms with their Go-To-Market. ## Vesalius Biocapital Partners - Type: VC Fund - Location: Strassen, Luxembourg, Luxembourg - Relevant deals: 7 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Medical 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. ## Big Bang Ventures - Type: VC Fund - Location: Antwerpen, Antwerpen, Belgium - Relevant deals: 7 - Stages: Series A, Series B - Focus: Software, Cloud Computing, Apps 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. ## TCD Capital (ex TheClubDeal) - Type: VC Fund - Location: Uccle, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 7 - Stages: Series A, Series B, Seed - Focus: Health Care, Biotechnology, Information Technology 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. ## E-Merge - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 7 - Stages: Seed, Series A - Focus: Software, SaaS, E-Commerce 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! ## ING Group - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 7 - Stages: Debt Financing, Post-IPO Debt - Focus: Energy, Renewable Energy, Solar Corporate site of ING, a global financial institution of Dutch origin, providing news, investor relations and general information ## Theodorus III - Type: VC Fund - Relevant deals: 7 - Stages: Seed, Series A - Focus: Health Care, Life Science, Medical Theodorus is the spin-off fund of Université Libre de Bruxelles that invests ininvest in early stage projects based on proprietary disruptive technologies. ## SFPIM - Type: VC Fund - Location: Brussel, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 7 - Stages: Series A, Series B, Series C - Focus: Biotechnology, AgTech, Agriculture SFPIM investment firm that invests in technology and infrastructure. ## Finindus - Type: VC Fund - Location: Zelzate, Oost-Vlaanderen, Belgium - Relevant deals: 7 - Stages: Series A, Seed - Focus: Manufacturing, Industrial, Renewable Energy 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. ## Entourage - Type: VC Fund - Location: Ghent, Oost-Vlaanderen, Belgium - Relevant deals: 6 - Stages: Seed - Focus: B2B, Analytics Entourage is a venture Studio and early stage VC that invests in early-stage B2B and SaaS sectors. ## Spinventure - Type: VC Fund - Location: Angleur, Liege, Belgium - Relevant deals: 6 - Stages: Series A - Focus: Health Care, Biotechnology, Medical Spinventure supports the creation of spin-off companies that aim to industrialize and commercialize the result of scientific research. Spinventure was born from a collaboration between MEUSINVEST and the University of Liège. It is headquartered in Angleur, Belgium. ## Saffelberg Investments - Type: VC Fund - Location: Gooik, Vlaams-Brabant, Belgium - Relevant deals: 6 - Stages: Series A, Seed - Focus: Software, Fashion, E-Commerce Saffelberg Investments is an independent investment company with a 250 million EUR capital base. We focus on long term investments by taking both majority stakes and substantial minorities in fast-growing ventures through risk-bearing capital. ## EQT Life Sciences - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 6 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Therapeutics Providing capital plus strategic, clinical, operational, financial, and commercial support to deliver the added value inventors seek.