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Top 15 Finance VC Funds & Investors in Belgium (May 2026)

The most active venture capital funds investing in Belgium Finance startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Finance startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Volta Ventures
VC Fund
6 Belgium, The Netherlands, Luxembourg Seed, Series A Software, Information Technology, Artificial Intelligence $482k–$7.5M
Seeder Fund
VC Fund
3 Belgium, Luxembourg Seed, Series A, Pre-Seed Software, Information Technology, Financial Services $375k–$1.1M
Pamica NV
VC Fund
2 Belgium, Germany, United States Seed, Series A FinTech, Finance, Financial Services $1.1M–$8.6M
Sambrinvest
VC Fund
1 Belgium, France, Spain Seed, Series A, Series B Biotechnology, Health Care, Information Technology $402k–$45M
WING by Digital Wallonia
VC Fund
1 Belgium Seed, Convertible Note, Series A Software, Health Care, Internet $214k–$11M
IRIS
VC Fund
1 France, Germany, United States Series B, Series C Software, E-Commerce, Mobile $3.9M–$54M
Idinvest Partners
VC Fund
1 France, United States, Spain Series B, Series A Biotechnology, Software, Health Care $3.2M–$53M
Middlegame Ventures
VC Fund
1 Ireland, United Kingdom, Sweden Series A, Seed, Series B FinTech, Financial Services, Software $1.6M–$72M
Gimv
VC Fund
1 Belgium, United States, France Series B, Private Equity Biotechnology, Health Care, Medical $6M–$80M
Truffle Capital
VC Fund
1 France, United States, Belgium Series A, Series B Biotechnology, Financial Services, Health Care $2.5M–$21M
Freshmen Fund
VC Fund
1 Belgium Seed Apps, Sports, Finance
Finance.Brussels
VC Fund
1 Belgium, France Seed, Series A Software, CleanTech, Information Technology $1.5M–$5.4M
Citi Ventures
VC Fund
1 United States, United Kingdom, Canada Series B, Series C, Series A Financial Services, FinTech, Software $4.9M–$175M
Axio Capital
VC Fund
1 Belgium B2B, FinTech, Finance
Belcube
VC Fund
1 France, Belgium Series A, Seed, Convertible Note Software, iOS, Apps
Access all 28 VC funds in Belgium Finance startups.

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

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Investor list

Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 6 investments in Belgium Finance startups, 8 in the past 12 months

Volta Ventures is a venture capital firm, offering seed & early stage VC for internet & software companies (SaaS) in the Benelux region

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands, Luxembourg

Investor stats

  • Total investments: 68
  • Round size: Seed $482k–$5.2M; Series A $1.6M–$7.5M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Next Gate Tech — Next Gate Tech is a Luxembourg based, data-driven FundTech that provides innovative Software-as-a-Service solutions for the asset management industry. Our mission is to enhance the Fund industry technology, thanks to machine learning, data analytics, and smart automation. We capitalize on the rapid emergence of cloud-based computing frameworks tooffer fast, accurate, and robust solutions to our clients. We provide intelligent, adaptive, and dynamic automation solutions through a web platform to help industry players manage middle and back-office processes.
  • Propellant.digital — We are a Netherlands based FinTech that is focused on bring together public and private data to power business decisions in a low cost way. Born in 2021, our mission is to organise financial markets information and make it transparent, accessible, affordable and useful to all parties in the ecosystem. Propellant.Digital is headed up by foundersVincent Grandjean, and Allan Horgan, both professionals who have a long history in the financial market technology sector and wanted to leverage their experience to create a solution that was low cost.
  • Ecochain Technologies — Ecochain is a life cycle assessment software and services company that helps companies reduce their environmental footprint. Learn more.
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Finance 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 100,000 in the form of a convertible loan is intended to validate their value proposition and product-market fit. For start-ups preparing for Series A it provides funding of upto EUR 200,000 in the form of a convertible loan aims to confirm the growth potential and 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, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Belgium, Luxembourg

Investor stats

  • Total investments: 13
  • Round size: Seed $375k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • 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.
  • Open Coconut — Open Coconut - Datacenter Interconnections & routes on demand. Convenience and efficiency like no other network provider.
  • Next Gate Tech — Next Gate Tech is a Luxembourg based, data-driven FundTech that provides innovative Software-as-a-Service solutions for the asset management industry. Our mission is to enhance the Fund industry technology, thanks to machine learning, data analytics, and smart automation. We capitalize on the rapid emergence of cloud-based computing frameworks tooffer fast, accurate, and robust solutions to our clients. We provide intelligent, adaptive, and dynamic automation solutions through a web platform to help industry players manage middle and back-office processes.
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Pamica NV
VC Fund · Antwerp, Antwerpen, Belgium · 2 investments in Belgium Finance startups

Pamica NV is the investment company of Michel Akkermans.

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Investment focus

  • Industry: FinTech, Finance, Financial Services
  • Stage:Seed, Series A
  • Geography: Belgium, Germany, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $1.1M–$5.2M; Series A $5.4M–$8.6M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • BITA — Real-time indexes and high-performance infrastructure to power the next generation of passive investing.
  • b.fine — With a singular focus on regulatory reporting and data, Regnology delivers powerful solutions for financial institutions, regulators and tax authorities.
  • Cashforce — Cashforce is a ‘next-generation’ Cash forecasting & Working Capital management platform, focused on automation and integration - bridging the gap between the CFO, finance, AR/ AP and treasury. The platform is unique in its category because of the seamless integration with numerous ERPs & banking systems, the ability to drill down totransaction level details, and the intelligent AI-based simulation engine that enables multiple cash flow scenarios, forecasts & impact analysis. Cashforce is a global company with offices in New York, Antwerp, Amsterdam, Copenhagen & London and provides Cash visibility to multinational corporates across various industries in over 120 countries worldwide.
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Sambrinvest
VC Fund · Gosselies, Hainaut, Belgium · 1 investments in Belgium Finance startups

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

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $531k–$903k; Series A $402k–$45M; Series B $11M–$23M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • cikisi — Specialized in Web Intelligence (collecting, searching and filtering web information). Help companies and organizations to take advantage of Web information that are relevant to their development. Develops and commercializes Cikisi WMT, a Web Intelligence Solution.
  • AbolerIS Pharma — AbolerIS Pharma aims to develop novel and unique therapeutic approaches to induce immune tolerance.
  • Santero Therapeutics — Santero Therapeutics seeks to provide novel medications with fresh modes of action that combat diseases with high resistance. Santero develops antimicrobials with novel modes of action to combat the rise of antibiotic-resistant microorganisms.
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WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Finance 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, Internet
  • Stage:Seed, Convertible Note, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 30
  • Round size: Seed $268k–$1.3M; Series A $1.1M–$11M; Convertible Note $214k–$562k
  • Lead/follow: 30% lead, 70% 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.
  • Verbolia — The SEO game-changer for e-commerce, helping retailers reclaim top organic search rankings. Discover untapped long-tail keywords from your product catalog and auto-generate SEO optimized pages at scale.
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IRIS
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Finance startups

Iris Capital is a European VC specialized in digital, fueling entrepreneurs from early stage to growth since 1986. From Paris, Berlin, San Francisco, Tel Aviv, Tokyo and Dubai, Iris Capital supports start-ups and scale-ups in their global expansion with the unique support on its multi corporate partners, including Orange, Publicis, Valeo andBRED.Iris Capital invests in various industries, from platforms to Saas, AdTech, IT infrastructure, cybersecurity, IoT, robotics and mobile services, and is always looking for ambitious industry disrupters led by unique entrepreneurs across the world.

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Series B, Series C
  • Geography: France, Germany, United States

Investor stats

  • Total investments: 113
  • Round size: Series B $4.3M–$28M; Series C $3.9M–$54M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $38M in 2021

Portfolio highlights

  • Kovalee — Kovalee is a mobile app publisher. They empower app creators. They partner with app owners through a publishing model and bring their apps to the top of the charts. They provide product enhancement, monetization boost, user acquisition, and app store optimization services.
  • DGG — 3D production teams rely on RapidCompacts speed, quality, and scalability to meet the growing demand for 3D content.
  • Escape — Escape automatically finds and fixes security flaws in GraphQL APIs during the development cycle. Its DevSecOps SaaS platform is aimed at developers and requires no configuration to get started.
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Idinvest Partners
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Finance startups

Idinvest Partners is a pan-European private equity manager focused on the low and middle-market segments. With over 6 billion euros under management, the company has developed several complementary areas of expertise, including equity investments in buyout deals focusing on both mid-size as well as young innovative European companies; primaryinvestments in European private equity funds focusing primarily on the middle market segment; secondary investments; mezzanine investments in Europe; and private equity consulting.Idinvest Partners’ recent success stories include Criteo, Clear2Pay, Meetic, Prosensa, Converteam, Kwik Fit, Lastminute.com, Dailymotion, Deezer, Talend, Synthesio, Menlook, Vestiaire Collective, Pretty Simple, Curse.com, Withings, Kantox, Secret Escapes, Happn, Peakon, Dayuse, Botify, Financefox, Azalead and many more.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Series B, Series A
  • Geography: France, United States, Spain

Investor stats

  • Total investments: 217
  • Round size: Series A $3.2M–$15M; Series B $7.4M–$53M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $86M in 2021

Portfolio highlights

  • Corti — Corti offers a digital assistant, augmenting medics in improving patient outcomes and internal performance.
  • Coave Therapeutics — Coave Therapeutics is active in the field of gene therapies in rare ocular and CNS (Central Nervous System) diseases.
  • BreezoMeter — BreezoMeter offers personalized air quality & pollen data as well as active fire alerts with worldwide coverage & accuracy down to the street level.
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Middlegame Ventures
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Belgium Finance startups, 7 in the past 12 months

We back world-class fintech entrepreneurs creating transformative companies that will rearchitect financial services for decades to come

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed, Series B
  • Geography: Ireland, United Kingdom, Sweden

Investor stats

  • Total investments: 27
  • Round size: Seed $1.6M–$20M; Series A $6.1M–$16M; Series B $17M–$72M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $64M in 2019

Portfolio highlights

  • Outmin — Outmin is an online accountant offering financial services for businesses, eliminating the need for salaries and management. Our automated solution handles all your finance, tax, and accounting needs.
  • Kayna — Kayna is an insurance distribution company that collaborates with vertical SaaS platforms and utilises data to offer insurance services.
  • One Trading — Discover an unrivalled trading experience with One Trading. We believe regulation powers user experience, not breaks it. Crypto - But regulated. Buy crypto now, including Bitcoin, Ethereum, DOGE, Solana, Cardano and more.
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Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 1 investments in Belgium Finance startups

Gimv is a European investment company with over three decades of experience in private equity and venture capital.Gimv is listed on NYSE Euronext Brussels. Gimv currently manages around 1.8 billion EUR (including third party funds) of investments in 85 portfolio companies, which jointly realise a turnover of more than EUR 6 billion and employover 28,000 professionals.As a recognized market leader in selected investment platforms, Gimv identifies entrepreneurial and innovative companies with high-growth potential and supports them in their transformation into market leaders. Gimv’s four investment platforms are: Consumer 2020, Health & Care, Smart Industries and Sustainable Cities. Each of these platforms works with a skilled and dedicated team across Gimv’s home markets of the Benelux, France and Germany and can count on an extended international network of experts.More information on Gimv can be found on [www.gimv.com].

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Investment focus

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

Investor stats

  • Total investments: 150
  • Round size: Series B $6M–$46M; Private Equity $7.5M–$80M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $653M in 2010

Portfolio highlights

  • ERS — ERS is a semiconductor manufacturing company that offers thermal wafer testing and Air-Cool technology services.
  • Mediar Therapeutics — Mediar Therapeutics is a preclinical stage biotechnology company developing antibody-based therapeutics to halt fibrosis in a variety of organ systems, including lung, liver, kidney, and skin.
  • Complement Therapeutics — Turning powerful new Complement System insights into innovative treatments Developing the next generation of complement medicines [chevron-down] Turning powerful new Complement System insights into innovative treatments Developing the next generation of complement medicines [chevron-down] Geographic atrophy (late dry age-related macular degeneration) is a chronic eye condition that affects millions - and for which there is
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Truffle Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Finance startups

Business Builders, Truffle

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Investment focus

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

Investor stats

  • Total investments: 52
  • Round size: Series A $2.5M–$13M; Series B $2.7M–$21M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2019

Portfolio highlights

  • Obat — Obat is a saas solution provider that uses software for contractors and self-employed for invoicing.
  • Abivax — Abivax recently presented impressive 9-month interim extension data from studies of ABX464 in ulcerative colitis during an oral presentation at DDW 2019, demonstrating a continued duration of beneficial effect in patients after 11-months of treatment. View the conference presentation, here:
  • MoneyTrack — MoneyTrack is a global, decentralized blockchain platform for Directed Money.
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Access 48,091 investors

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

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Freshmen Fund
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Finance startups

Fueling B2C ventures in Urban Mobility, Consumer AI, and Progressive Niche Brands. With a distinct network of advisors & investors, and over 30 years of experience in brand-building, go-to-market and growth hacking, we support exceptional entrepreneurial teams with smart capital.

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Investment focus

  • Industry: Apps, Sports, Finance
  • Stage:Seed
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Cake App — Cake App mission is to become the leading software technology provider that analyzes financial data to help people better understand, control and improve their finances, supported by a business model that shares our revenue with users.
  • Runeasi — The first scientifically validated wearable solution to measure impact while running and detect how your body responds to it - Perform real-time biomechanical assessments - Guide your athletes and patients with actionable insights to help them run more efficiently and recover from injuries with confidence
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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Finance startups, 7 in the past 12 months

Regional Investment Company of Brussels

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Seed $1.5M–$5.4M; Series A $2.3M–$3.3M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • cikisi — Specialized in Web Intelligence (collecting, searching and filtering web information). Help companies and organizations to take advantage of Web information that are relevant to their development. Develops and commercializes Cikisi WMT, a Web Intelligence Solution.
  • Easyvest — Easyvest is leading a crusade to help all Belgians to make their money grow in a personalized, simple, low-cost and educational way.
  • VoxelSensors — Novel sensor architecture designed for low latency and low power 3D perception.
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Citi Ventures
VC Fund · San Francisco, California, United States · 1 investments in Belgium Finance startups, 28 in the past 12 months

Citi Ventures ignites change and reimagines solutions to drive economic progress for Citi's clients. We explore, incubate, and invest in new ideas in partnership with Citi colleagues, our clients, and the innovation ecosystem to accelerate the discovery of new sources of value.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series B, Series C, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 183
  • Round size: Series A $4.9M–$43M; Series B $12M–$44M; Series C $8M–$175M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Binalyze — Binalyze enhances all your digital forensics and incident response processes at max speed.
  • Vega — The comprehensive wealth creation platform for high-net-worth individuals and their advisors. Vega bridges the gap between the institutional and private wealth management worlds.
  • Vibrant Planet — Data-driven science and cloud-based technology to help make communities and ecosystems more resilient in the face of climate change.
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Axio Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Finance startups

Axio Capital implements tailor-made solutions that qualify the stakes and build the operation. Axio Capital ensures the financial engineering, manage the implementation and invest in the operation.

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Investment focus

  • Industry: B2B, FinTech, Finance
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Agenium — Agenium offers career perspectives in an international and tech environment. They offer this through the specific expertise of their business units. They offer solutions to the business and of the defense, industry, and space sectors.
  • Moneytrans — Moneytrans is a fintech company that offers a money transfer service. They provide remittance, payment services, cross border payments, exchange, prepaid cards, money transfer, banking, business to business, fintech, credit cards, banking, and payment accounts.
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Belcube
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Finance startups

Belcube is a belgian based angel/seed investment fund. By entrepreneurs for entrepreneurs

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Investment focus

  • Industry: Software, iOS, Apps
  • Stage:Series A, Seed, Convertible Note
  • Geography: France, Belgium

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lydia — Lydia develops a mobile payment platform intended to make payments easier. Lydia is a social interface that connects phones with cards to pay anyone with one app, allowing users to make pain-free payments through a mobile wallet system without carrying any cheques or ATM card. Lydia was founded in 2013 and is headquartered in Paris, France.
  • Neteven — The Neteven software is developed internally and relies on robust technologies. Neteven was the first French company to be Certified Compatible Application by eBay in 2005 and the first one to integrate Amazon Web Services in France.Neteven’s developers collaborate daily with marketplaces engineers to provide enterprises with the most advancedsolution. Neteven integrates all functionalities and add new exclusive tools to facilitate and optimize the centralized management of the full sales cycle on global marketplaces.The team is made of experts coming from marketplaces, brands, manufacturers, wholesalers or software companies.
  • Tricount — Share group expenses amongst your friends. During or after a group activity, it is often necessary to do some accounting. With Tricount, you can easily figure out how much everyone owes or is owed.Market Problem Solved:For many reasons, people are often involved in group activities. This can be holidays, living in a shared house, sportevents or the organization of a party. During such activities, expenses are made by group members. And at the end, the group is due to pay back for the expenses. In order to do that, a group member has to keep track of all the expenses to make some calculation, a work that can be time-consuming and difficult to explain to the others.Our Solution:We developed the simplest solution for solving this headache. People can easily create group expense reports (in a few seconds only) and share it with their friends, so that they can check and add expenses. No identification is needed, just the same way as Doodle works. Reports are accessed through URL's. The tool is available on three platforms : a website, a Facebook application, and a iPhone application, to enable "on the go" data input. The website is available at http://www.tricount.com
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Finance VC funding in Belgium at a glance

Stats across 20 deals from 28 investors.

28
investors
in Belgium Finance startups
20
deals
in Belgium Finance startups
$5.4M
median round
in Belgium Finance startups
57%
lead investors
lead at least one round
20%
Seed
most common funding stage

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