# Top 50 Artificial intelligence Startup Investors in Belgium in October 2023

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Volta Ventures | 14 | Belgium, The Netherlands, Luxembourg | Seed, Series A | Software, Information Technology, Artificial Intelligence |
| PMV | 12 | Belgium, The Netherlands, United States | Series A, Seed | Software, Biotechnology, Health Care |
| Limburgse Reconversie Maatschappij | 10 | Belgium, United States, The Netherlands | Series A, Seed | Information Technology, Software, Biotechnology |
| Flanders Innovation and Entrepreneurship (VLAIO) | 6 | Belgium, Israel, Germany | Grant, Pre-Seed, Seed | Biotechnology, Health Care, Artificial Intelligence |
| SmartFin | 6 | Belgium, The Netherlands, Finland | Series B, Series A | Software, SaaS, Analytics |
| Lorenz Bogaert | 6 | Belgium, United Kingdom, United States | Seed, Pre-Seed, Angel | SaaS, Software, Artificial Intelligence |
| Qbic Fund | 4 | Belgium | Seed, Series A | Biotechnology, Software, Health Care |
| HERAN Partners | 3 | Belgium, The Netherlands | Seed, Series A | Health Care, Hospital, Software |
| Pitchdrive | 3 | Belgium, United Kingdom, The Netherlands | Pre-Seed, Seed, Series A | Software, SaaS, Information Technology |
| b2venture (formerly btov Partners) | 3 | Germany, Switzerland, United Kingdom | Series A, Seed, Series B | Software, Health Care, Information Technology |
| Luc De Vos | 3 | Belgium, Finland, United States | Seed, Series A, Private Equity | Analytics, Consulting, B2B |
| Toon Coppens | 3 | Belgium, United States | Seed, Pre-Seed, Angel | SaaS, Sales Automation, Artificial Intelligence |
| Fortino Capital | 3 | Belgium, The Netherlands, France | Series A, Seed | Software, Information Technology, SaaS |
| Ark Angels Activator Fund | 3 | Belgium | Series A, Seed | Software, Information Technology, SaaS |
| Pamica NV | 3 | Belgium, Germany, United States | Seed, Series A | FinTech, Finance, Financial Services |
| Axeleo Capital | 3 | France, Canada, Norway | Seed, Series A | Software, Information Technology, SaaS |
| Seeder Fund | 2 | Belgium, Luxembourg | Seed, Series A, Pre-Seed | Software, Information Technology, Financial Services |
| Sniper Investments | 2 | Belgium, The Netherlands | Seed, Series A | Software, CRM, Video |
| Korys | 2 | Belgium, The Netherlands, India | Series A, Series B | Biotechnology, Information Technology, E-Commerce |
| Belfius Bank | 2 | Belgium | Seed, Pre-Seed, Series A | Software, SaaS, Artificial Intelligence |
| Meusinvest (Noshaq) | 2 | Belgium, France, Germany | Seed, Series A | Health Care, Biotechnology, Medical |
| Willem Delbare | 2 | Belgium | Seed | Software, Artificial Intelligence, CRM |
| Yaletown Partners | 2 | Canada, United States, Belgium | Series A, Series B | Software, Enterprise Software, Information Technology |
| WING by Digital Wallonia | 2 | Belgium | Seed, Convertible Note, Series A | Software, Health Care, Internet |
| KPN Ventures | 2 | The Netherlands, Belgium, Germany | Series A, Series B, Seed | Software, Internet of Things, Information Technology |
| Innovation Fund | 2 | Belgium, France, Luxembourg | Seed, Series A | Health Care, Manufacturing, Software |
| Newion | 2 | The Netherlands, Belgium, Sweden | Series A, Seed | Software, SaaS, Information Technology |
| Matterwave Ventures | 2 | Germany, Austria, Belgium | Series A, Seed | Software, Artificial Intelligence, Information Technology |
| Big Bang Ventures | 2 | Belgium, The Netherlands, United States | Series A, Series B | Software, Cloud Computing, Apps |
| Gemma Frisius Fund | 2 | Belgium, France | Seed, Series B, Series A | Biotechnology, Health Care, Therapeutics |
| Saffelberg Investments | 2 | Belgium | Series A, Seed | Software, Fashion, E-Commerce |
| LeanSquare | 2 | Belgium, France, United States | Seed, Series A | Software, Music, Internet |
| PROfounders Capital | 2 | United Kingdom, United States, Finland | Seed, Series A, Series B | Software, Apps, Travel |
| Brustart | 2 | Belgium | Seed, Series A | Big Data, Internet, Software |
| Jonathan Cornelissen | 2 | United States, Belgium, Israel | Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Michel Akkermans | 2 | Belgium, United States, Germany | Seed, Series A | FinTech, Financial Services, Finance |
| European Commission | 2 | Spain, France, United States | Grant, Seed, Pre-Seed | Software, Biotechnology, Health Care |
| Olivier Coune | 2 | Belgium | Seed | Outdoors, Software, Lifestyle |
| Wim Vanhaelemeesch | 2 | Belgium | Seed | Artificial Intelligence, Software, Customer Service |
| Luc Vauterin | 2 | Belgium | Seed, Series A | Life Science, Data Integration, Data Visualization |
| Force Over Mass Capital | 2 | United Kingdom, United States, Germany | Seed, Series A | Software, Information Technology, FinTech |
| Point Nine | 2 | Germany, United States, France | Seed, Series A, Series B | Software, SaaS, Internet |
| Peak | 2 | The Netherlands, Germany, Belgium | Seed, Pre-Seed | Software, SaaS, E-Commerce |
| KBC | 2 | Belgium, United States, Luxembourg | Seed, Series A, Series B | Biotechnology, Health Care, Software |
| Acadian Ventures | 1 | United States, France, Belgium | Seed, Series A, Pre-Seed | Software, Human Resources, SaaS |
| ING Group | 1 | United Kingdom, Belgium, United States | Debt Financing, Series B | FinTech, Renewable Energy, Energy |
| Elaia | 1 | France, United States, Spain | Seed, Series A, Series B | Software, Information Technology, Artificial Intelligence |
| Jean Vliegen | 1 | Belgium | Pre-Seed | Information Technology, Internet, B2B |
| The CoFoundry | 1 | Belgium, The Netherlands, United States | Seed, Series A | Software, Network Security, SaaS |
| Singular | 1 | France, Germany, Spain | Series A, Seed, Series B | Software, Analytics, Enterprise Software |

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