# Top 10 B2B VC (Venture Capital) Funds in Belgium in May 2026

## Limburgse Reconversie Maatschappij
- Type: VC Fund
- Location: Hasselt, Limburg, Belgium
- Relevant deals: 5
- Stages: Series A, Seed
- Focus: Information Technology, Software, Biotechnology

Oxygen for growth - LRM

## SmartFin
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 4
- Stages: Series B, Series A
- Focus: Software, SaaS, Analytics

Venture capital fund focussing on European B2B technology companies.

## Axeleo Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Axeleo is the leading Enterprise Technology acceleration platform (both VC and Accelerator), backed by a partnership of over 60 entrepreneurs and executives, and the French Tech Acceleration Fund.

## LeanSquare
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Music, Internet

New Economy Startups Investor & Accelerator

## Quincy Jones Productions
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Music, B2B, Gift

Quincy Jones Official Website

## Sherpa Invest
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Series B
- Focus: SaaS, Software, B2B

Sherpa Invest is active in all economic sectors and concentrates on Belgian-based companies that show strong growth potential – and a competitive advantage.

## Newion
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- 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.

## Industrya
- Type: VC Fund
- Location: Seraing, Liege, Belgium
- Relevant deals: 1
- Stages: Seed
- Focus: Industrial, B2B, SaaS

We are a hands-on investment fund that operates exclusively in the Industry 4.0, energy and new materials sectors. Industrya is an initiative of the John Cockerill industrial group, which joins together the investment funds of SFPI-FPIM, SRIW-WING, NOSHAQ and LRM.

## E-Merge
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- 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: 1
- Stages: Debt Financing, Series B
- Focus: FinTech, Renewable Energy, Energy

ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services. They serve more than 85 million private, corporate and institutional customers in Europe, North and Latin America, Asia and Australia. They draw on our experience and expertise, their commitment to excellent service andtheir global scale to meet the needs of a broad customer base, comprising individuals, families, small businesses, large corporations, institutions and governments.

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