# Top 50 VC (Venture Capital) Funds in Belgium in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| PMV | 89 | Belgium, United States, The Netherlands | Series A, Seed | Software, Biotechnology, Health Care |
| Limburgse Reconversie Maatschappij | 48 | Belgium, United States, The Netherlands | Seed, Series A | Information Technology, Software, Biotechnology |
| S.R.I.W. | 36 | Belgium, United States, Spain | Series A, Series B | Health Care, Biotechnology, Manufacturing |
| Volta Ventures | 35 | Belgium, The Netherlands, Luxembourg | Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Meusinvest (Noshaq) | 35 | Belgium, France, Germany | Series A, Seed | Biotechnology, Health Care, Medical |
| Qbic Fund | 35 | Belgium, The Netherlands | Seed, Series A | Biotechnology, Software, Health Care |
| Pitchdrive | 32 | Belgium, United Kingdom, Spain | Pre-Seed, Seed, Series A | Software, SaaS, Artificial Intelligence |
| WING by Digital Wallonia | 30 | Belgium | Seed, Convertible Note, Series A | Software, Health Care, SaaS |
| Gemma Frisius Fund | 24 | Belgium, France, United Kingdom | Seed, Series B, Series A | Biotechnology, Health Care, Medical |
| Sambrinvest | 22 | Belgium, France, Spain | Seed, Series A, Series B | Biotechnology, Health Care, Medical |
| Seeder Fund | 22 | Belgium, Luxembourg, France | Seed, Pre-Seed, Series A | Software, Information Technology, SaaS |
| Inventures SA | 21 | Belgium, France, United Kingdom | Series A, Seed | Health Care, Biotechnology, Manufacturing |
| Capricorn Partners | 21 | Belgium, United States, The Netherlands | Series A, Series B | Biotechnology, Health Care, Software |
| Fortino Capital | 20 | Belgium, The Netherlands, Germany | Series A, Seed | Software, Information Technology, SaaS |
| Gimv | 19 | Belgium, United States, France | Series B, Series A | Biotechnology, Health Care, Medical |
| LeanSquare | 18 | Belgium, France, United States | Seed, Series A | Software, Music, Information Technology |
| SmartFin | 18 | Belgium, The Netherlands, Turkey | Series B, Series A | Software, SaaS, Information Technology |
| Syndicate One | 17 | Belgium, United Kingdom, United States | Pre-Seed, Seed, Series A | Artificial Intelligence, Software, SaaS |
| V-Bio Ventures | 16 | Belgium, France, United States | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| KBC | 16 | Belgium, United States, France | Seed, Series A, Series B | Biotechnology, Health Care, FinTech |
| The Faktory Fund | 15 | Belgium, France, United States | Seed, Pre-Seed | Software, Analytics, Information Technology |
| Be Angels | 14 | Belgium, France, Spain | Seed, Pre-Seed | SaaS, Software, Health Care |
| imec.xpand | 14 | Belgium, United States, Germany | Seed, Series A, Series B | Semiconductor, Manufacturing, Medical Device |
| Vives Louvain Technology Fund | 13 | Belgium, France, United States | Series A, Series B | Health Care, Biotechnology, Medical |
| Innovation Fund | 13 | Belgium, France, Luxembourg | Seed, Series A | Health Care, Manufacturing, Information Technology |
| Ark Angels Activator Fund | 13 | Belgium | Series A, Seed | Software, Information Technology, SaaS |
| Finance.Brussels | 12 | Belgium, France | Seed, Series A | Software, Information Technology, Internet |
| VIB | 12 | Belgium, Brazil, Denmark | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| Flanders Innovation and Entrepreneurship (VLAIO) | 11 | Belgium, Israel, Germany | Grant, Pre-Seed, Seed | Biotechnology, Health Care, Software |
| Angelwise | 11 | Belgium, The Netherlands | Seed, Pre-Seed | Software, SaaS, Information Technology |
| Belfius Bank | 10 | Belgium, France, The Netherlands | Debt Financing, Seed, Pre-Seed | Software, SaaS, Pharmaceutical |
| Spreds | 10 | Belgium, France | Series A, Seed, Series B | E-Commerce, Health Care, Online Portals |
| XAnge | 9 | France, Germany, Belgium | Series A, Seed, Series B | Software, SaaS, E-Commerce |
| Newion | 9 | The Netherlands, Belgium, Germany | Series A, Seed | Software, SaaS, Information Technology |
| The CoFoundry | 9 | Belgium, The Netherlands, United States | Seed, Series A | Software, SaaS, Security |
| Lean FUND | 8 | Belgium, United States, France | Seed, Series B | Internet, Apps, Software |
| Newton Biocapital | 8 | Belgium, Japan, France | Series A, Seed | Biotechnology, Medical, Pharmaceutical |
| Peak | 8 | The Netherlands, Germany, Sweden | Seed, Pre-Seed | Software, SaaS, Information Technology |
| Vesalius Biocapital Partners | 7 | Belgium, Germany, France | Series A, Series B, Series C | Biotechnology, Health Care, Medical |
| Big Bang Ventures | 7 | Belgium, The Netherlands, United States | Series A, Series B | Software, Cloud Computing, Apps |
| TCD Capital (ex TheClubDeal) | 7 | Belgium, France | Series A, Series B, Seed | Health Care, Biotechnology, Information Technology |
| E-Merge | 7 | United States, Belgium, Spain | Seed, Series A | Software, SaaS, E-Commerce |
| ING Group | 7 | United Kingdom, United States, The Netherlands | Debt Financing, Post-IPO Debt | Energy, Renewable Energy, Solar |
| Theodorus III | 7 | Belgium, Canada, France | Seed, Series A | Health Care, Life Science, Medical |
| SFPIM | 7 | Belgium, France | Series A, Series B, Series C | Biotechnology, AgTech, Agriculture |
| Finindus | 7 | Belgium, United States, Sweden | Series A, Seed | Manufacturing, Industrial, Renewable Energy |
| Entourage | 6 | Belgium | Seed | B2B, Analytics |
| Spinventure | 6 | Belgium | Series A | Health Care, Biotechnology, Medical |
| Saffelberg Investments | 6 | Belgium | Series A, Seed | Software, Fashion, E-Commerce |
| EQT Life Sciences | 6 | United States, The Netherlands, Switzerland | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |