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Top 50 FinTech Startup Investors in Belgium (May 2026)

The most active venture capital funds and angel investors investing in Belgium FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium FinTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Volta Ventures
VC Fund
9 Belgium, The Netherlands, Luxembourg Seed, Series A Software, Information Technology, Artificial Intelligence $482k–$7.5M
PMV
VC Fund
8 Belgium, The Netherlands, United States Series A, Seed Software, Biotechnology, Health Care $500k–$26M
SmartFin
VC Fund
5 Belgium, The Netherlands, Finland Series B, Series A Software, SaaS, Analytics $3M–$30M
Pitchdrive
VC Fund
5 Belgium, United Kingdom, The Netherlands Pre-Seed, Seed, Series A Software, SaaS, Information Technology $75k–$2.7M
Seeder Fund
VC Fund
4 Belgium, Luxembourg Seed, Series A, Pre-Seed Software, Information Technology, Financial Services $375k–$1.1M
Fortino Capital
VC Fund
3 Belgium, The Netherlands, France Series A, Seed Software, Information Technology, SaaS $1.1M–$40M
Toon Coppens
Angel
3 Belgium, United States Seed, Pre-Seed, Angel SaaS, Sales Automation, Artificial Intelligence $375k–$1.8M
Lorenz Bogaert
Angel
3 Belgium, United Kingdom, United States Seed, Pre-Seed, Angel SaaS, Software, Artificial Intelligence $107k–$2.1M
Pamica NV
VC Fund
3 Belgium, Germany, United States Seed, Series A FinTech, Finance, Financial Services $1.1M–$8.6M
Finance.Brussels
VC Fund
3 Belgium, France Seed, Series A Software, CleanTech, Information Technology $1.5M–$5.4M
Medici Ventures
VC Fund
3 United States, China, Israel Series A, Seed Blockchain, FinTech, Financial Services $428k–$15M
WING by Digital Wallonia
VC Fund
3 Belgium Seed, Convertible Note, Series A Software, Health Care, Internet $214k–$11M
High-Tech Grunderfonds
VC Fund
2 Germany, Switzerland, United States Seed, Series A Software, Information Technology, Biotechnology $665k–$16M
Boris Bogaert
Angel
2 Belgium, United Kingdom, United States Seed, Pre-Seed Software, FinTech, Enterprise Software $130k–$1.2M
Idinvest Partners
VC Fund
2 France, United States, Spain Series B, Series A Biotechnology, Software, Health Care $3.2M–$53M
Limburgse Reconversie Maatschappij
VC Fund
2 Belgium, United States, The Netherlands Series A, Seed Information Technology, Software, Biotechnology $482k–$11M
eCAPITAL ENTREPRENEURIAL PARTNERS
VC Fund
2 Germany, United States, Italy Series A, Series B Information Technology, Software, Manufacturing $1.1M–$16M
Big Bang Ventures
VC Fund
2 Belgium, The Netherlands, United States Series A, Series B Software, Cloud Computing, Apps $1M–$9M
KPN Ventures
VC Fund
2 The Netherlands, Belgium, Germany Series A, Series B, Seed Software, Internet of Things, Information Technology $214k–$10M
Truffle Capital
VC Fund
2 France, United States, Belgium Series A, Series B Biotechnology, Financial Services, Health Care $2.5M–$21M
Jacques-Martin Philippson
Angel
2 Belgium Education, Financial Services
alfred bouckaert
Angel
2 Belgium Education, Financial Services
42CAP
VC Fund
2 Germany, France, Sweden Seed, Series A, Series B Software, SaaS, Artificial Intelligence $1.1M–$25M
Internet Attitude
VC Fund
2 Belgium Seed, Series A Auctions, E-Commerce, Financial Services
Inventures SA
VC Fund
2 Belgium, France, United Kingdom Series A, Seed Health Care, Manufacturing, Biotechnology $80k–$13M
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $50k–$4.4M
Tioga Capital Partners
VC Fund
2 France, Belgium, United States Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, FinTech
Luc De Vos
Angel
2 Belgium, Finland, United States Seed, Series A, Private Equity Analytics, Consulting, B2B $21k–$11M
Ark Angels Activator Fund
VC Fund
2 Belgium Series A, Seed Software, Information Technology, SaaS $911k–$7.5M
Polytech Ventures
VC Fund
2 Switzerland, United States, Spain Seed, Series A Financial Services, FinTech, Software $1M–$6.7M
Microtraction
VC Fund
2 Nigeria, United States, Canada Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.2M
Alpana Ventures
VC Fund
2 United States, Switzerland, Germany Seed, Series A, Series B Software, FinTech, Information Technology $822k–$45M
Sambrinvest
VC Fund
2 Belgium, France, Spain Seed, Series A, Series B Biotechnology, Health Care, Information Technology $402k–$45M
LeanSquare
VC Fund
2 Belgium, France, United States Seed, Series A Software, Music, Internet $200k–$11M
Connect Ventures
VC Fund
2 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, SaaS, FinTech $500k–$100M
Jonas Dhaenens
Angel
2 Belgium Seed, Angel, Series A Software, SaaS, Enterprise Software
Jean-Marc Toussaint
Angel
1 Belgium Apps, FinTech, Financial Services
Nicolas Debray
Angel
1 Belgium Credit, Insurance
Sherpa Invest
VC Fund
1 Belgium, China Series B SaaS, Software, B2B
Belfius Bank
VC Fund
1 Belgium Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $284k–$7.5M
Courtside Ventures
VC Fund
1 United States, India, Canada Seed, Series A, Series B Gaming, Sports, Fitness $1M–$45M
Be Angels
VC Fund
1 Belgium, France, Spain Seed, Pre-Seed Software, Information Technology, SaaS $78k–$903k
BlockTower Capital
VC Fund
1 United States, Singapore, Philippines Seed, Initial Coin Offering Blockchain, FinTech, Financial Services $2.5M–$60M
E-Merge
VC Fund
1 United States, Belgium, Spain Seed, Series A Software, SaaS, E-Commerce $120k–$25M
BAN Vlaanderen
VC Fund
1 Belgium Seed, Series A Health Care, Medical, Apps
10x Founders
VC Fund
1 Germany, United States, India Seed, Series A, Pre-Seed Software, Information Technology, Human Resources $2.7M–$23M
Cronos
VC Fund
1 Belgium Series A FinTech, Software, Asset Management
Transcend Fund
VC Fund
1 United States, India, Belgium Seed, Series A, Series B Gaming, Video Games, Online Games $1.4M–$17M
Coinbase Ventures
VC Fund
1 United States, Singapore, India Seed, Series A Blockchain, Cryptocurrency, Financial Services $2M–$40M
Green Park Investment Partners
VC Fund
1 Belgium Seed, Series A Information Technology, Real Estate, CRM $536k–$1.1M
Access all 92 investors in Belgium FinTech startups.

Access 48,091 investors

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

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Investor list

Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 9 investments in Belgium FinTech 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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PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 8 investments in Belgium FinTech startups, 7 in the past 12 months

Do and dare company

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Series A, Seed
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 104
  • Round size: Seed $500k–$4.2M; Series A $2.1M–$26M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • IVEX — At IVEX, we are creating a safety co-pilot to make existing decision making platforms for autonomous driving safe. Our technology is based on years of research performed at KU Leuven University in Belgium. Our unique IP and team experience in behavior planning and functional safety enables the development of safe and reliable autonomous systems toreduce the traffic victims to zero by 2030.
  • Funkey — Kies je teambuilding uit meer dan 500 onvergetelijke activiteiten. Wij zorgen voor de volledige organisatie, incl. eventuele catering en overnachting.
  • dScribe — dScribe is your one-stop-shop to catalog, document and discover anything data-related.No more spending hours looking for the right data.No more doubting about the meaning of your KPIs.Reach the next level of data maturity by offering your users a single entry point to find, understand and access all your reports & data, no matter wherethey are stored.
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SmartFin
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 5 investments in Belgium FinTech startups

Venture capital fund focussing on European B2B technology companies.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Finland

Investor stats

  • Total investments: 37
  • Round size: Series A $3.2M–$11M; Series B $3M–$30M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Cumul.io — Create powerful dashboards in minutes. Share with your teams, or integrate in your platform. Drive growth in your business today!
  • Deliverect — Deliverect is a subscription-based service that integrates third-party online ordering platforms like Uber Eats, Deliveroo, Glovo, and Doordash into restaurants’ point-of-sale systems, automating the inbound online order flow through a single point and eliminating the requirement for restaurant staff to monitor multiple devices and manuallyre-enter orders into their existing system.
  • Happeo — This intranet keeps your teams informed, aligned, and productive with a template-based page builder, integrations, and universal search across all company tools.
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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 5 investments in Belgium FinTech startups, 9 in the past 12 months

Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Belgium, United Kingdom, The Netherlands

Investor stats

  • Total investments: 38
  • Round size: Seed $305k–$2.7M; Pre-Seed $75k–$857k
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • NineID — NineID provides a biometric access control solution and identity visitor management system that increases businesses' security, compliance, and safety.
  • Wonnda — Wonnda is the digital infrastructure where buyers and suppliers collaboratively build the consumer products of tomorrow
  • Hotel Manager — Hotel Manager is the platform for delivering modern experiences to guests, wherever they are. Launch and build your hotel app in no time and manage your growth easily. All in one platform with zero technical knowledge required.
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Seeder Fund
VC Fund · Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium · 4 investments in Belgium FinTech 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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Fortino Capital
VC Fund · Zaventem, Vlaams-Brabant, Belgium · 3 investments in Belgium FinTech startups, 6 in the past 12 months

We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Seed
  • Geography: Belgium, The Netherlands, France

Investor stats

  • Total investments: 44
  • Round size: Seed $1.1M–$5.7M; Series A $2.7M–$40M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Salonkee — All-in-one solution for beauty & hair salons
  • LetsBuild — Build faster, safer and smarter with LetsBuild construction management software for snagging, lean planning, site diary, quality and safety needs.
  • Billy Grace — Billy Grace is AI Marketing Optimization Software that can revolutionize your online marketing efforts. Experience the unprecedented benefits of more precision, intelligence, and efficiency.
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Toon Coppens
Angel · Gent, Oost-Vlaanderen, Belgium · 3 investments in Belgium FinTech startups

Toon Coppens (Belgium, 1981), graduated as a Master of Science in Informatics at the University of Ghent.In june 2000, during his first year at university, he successfully launched the first Belgian social networking site, which later became Redbox.be.He is the co-founder of Massive Media, the social media company behind the successfuldigital brands Netlog.com and Twoo.com. Massive Media enables members to meet nearby people instantly. Today, Over 80 million people have joined our sites on web and mobile.Toon lives in Ghent (Belgium) and London (UK), loves snowboarding and used to deejay and play volleyball a lot.>> Toon's personal Netlog (dutch)>> Twoo.com (dutch)

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Investment focus

  • Industry: SaaS, Sales Automation, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Belgium, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $375k–$1.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bizzy — All up-to-date information you need for the most transparent & reliable view on your business world.
  • Accurat — Accurat provides real-word shopper insights to support retail decision making with unprecedented accuracy. Our proprietary technology, platform and algorithms understand behaviour in high detail.
  • StarApps — StarApps is a boutique venture builder, turning game-changing ideas into breakthrough companies, managed by rockstar entrepreneurs.
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Lorenz Bogaert
Angel · Gent, Oost-Vlaanderen, Belgium · 3 investments in Belgium FinTech startups

Lorenz Bogaert is the Founder and Director of FixForm.

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Investment focus

  • Industry: SaaS, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Belgium, United Kingdom, United States

Investor stats

  • Total investments: 39
  • Round size: Seed $375k–$2.1M; Pre-Seed $107k–$857k
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Tribboo — Project management platform for construction SMEs
  • Bizzy — All up-to-date information you need for the most transparent & reliable view on your business world.
  • Maison Sport — Maison Sport has been created by 3 ski instructors, Olly, Nick and Aaron - all of them share a great passion for skiing and the mountains!“At Maison Sport we are making it simple to book Ski and Snowboard instructors online. Our aim is to seamlessly connect people looking for lessons with their ideal instructor, whilst making it easy forinstructors to market themselves, so they can continue to do what they love.Currently in France, our plan is to expand across the rest of the globe, helping the best instructors impart their passion for skiing and snowboarding on likeminded customers.”
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Pamica NV
VC Fund · Antwerp, Antwerpen, Belgium · 3 investments in Belgium FinTech 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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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium FinTech 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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Access 48,091 investors

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

Browse database — It's Free!
Medici Ventures
VC Fund · Salt Lake City, Utah, United States · 3 investments in Belgium FinTech startups

Launched in 2014, Medici Ventures is a wholly owned subsidiary of Overstock.com, Inc., created to manage and oversee the company’s investments in firms building solutions leveraging and servicing blockchain technologies. Medici Ventures has a growing portfolio of groundbreaking new companies and tech businesses.

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Investment focus

  • Industry: Blockchain, FinTech, Financial Services
  • Stage:Series A, Seed
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 27
  • Round size: Series A $428k–$15M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Upstream App — Upstream makes it simple to launch a DAO with its no-code, full-stack platform. No technical experience required.
  • SettleMint — SettleMint is a Blockchain technology company (with offices in Belgium, United Arab Emirates, Saudi Arabia, India and Singapore) & was incorporated in 2016 by Matthew Van Niekerk & Roderik van der Veer. They met in 2013 while devising & developing blockchain applications for KBC Securities, a large Belgian financial institution. Theyvery quickly realised that the promise of Blockchain technology far exceeded the boundaries of the financial world & would permeate industry & society entirely in the years to come. With the realisation that the technology will benefit organisations large and small, unlock incredible opportunities for society and move from a nascent to prevalent technology over the next 5 to 10 years, Matthew and Roderik set up SettleMint with a simple purpose, to make it easy for developers to integrate blockchain technologies into their applications. This product vision addresses the single biggest inhibitor to adoption, developer capabilities.SettleMint's core technology 'Mint' accelerates the path to leveraging the benefits of blockchain technology: whether those enterprises are looking to improve efficiency, to extend their current products to a new client segment or to completely reinvent an existing business model.Mint is a chain-agnostic node-wrapping technology including a suite of APIs, developer tools and frameworks that enable any software developer to build new Blockchain based applications or integrate Blockchain functionalities into existing solutions. Mint encapsulates years of R&D on the technical, operational & organisational aspects of Blockchain technology & packages this in fully documented APIs, micro-services, browser components and templates that strips away complexity and providing developers with the building blocks required to build full stack applications.Based on our development of 35+ fully functioning Blockchain applications & after having researched more than 500 known use cases, Mint covers 85% of the use cases for Blockchain technologies and radically reduces the time to market for users. Using Mint, integrating blockchain technologies into an application can take as little as 3 hours.So in short, it doesn’t matter if you are a startup or a big corporation, if you have decided that Blockchain technology should be part of your business or your vision for the future there is no faster solution to get you there.
  • Nature Mobility — Nature Mobility is a mobile application platform.
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WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 3 investments in Belgium FinTech 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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High-Tech Grunderfonds
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 2 investments in Belgium FinTech startups, 64 in the past 12 months

High-Tech Gründerfonds (HTGF) is a seed investor that finances high-potential, tech-driven startups. With EUR 895.5 million in total investment volume across three funds and an international network of partners, HTGF has already helped forge more than 500 startups since 2005. Driven by their expertise, entrepreneurial spirit, and passion, its teamof experienced investment managers and startup experts help guide the development of young companies. HTGF’s focus is on high-tech startups in a range of sectors, including software, media, internet, hardware, automation, health care, chemistry, and life sciences.To date, external investors have injected over EUR 2 billion into the HTGF portfolio via about 1,400 follow-on financing rounds. HTGF has also successfully sold interests in more than 100 companies. Investors in this public-private partnership include the Federal Ministry For Economic Affairs and Energy, the KfW Banking Group, and Fraunhofer-Gesellschaft e.V., as well as the companies ALTANA, BASF, BAYER, B.Braun, Boehringer Ingelheim, Robert Bosch, BÜFA, CEWE, Deutsche Post DHL, Dräger, Drillisch AG, EVONIK, EWE AG, FOND OF Haniel, Hettich, Knauf, Körber, LANXESS, media + more venture Beteiligungs GmbH & Co. KG, PHOENIX CONTACT, Postbank, QIAGEN, RWE Generation SE, SAP, Schufa, Schwarz Gruppe, STIHL, Thüga, Vector Informatik, WACKER and Wilh. Werhahn KG.

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Seed, Series A
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 373
  • Round size: Seed $665k–$5.1M; Series A $1.5M–$16M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Inovedis — Inovedis offers innovative solutions in medical technology that contribute both to optimized patient care as well as time and cost reductions in the healthcare sector.
  • Resourcify — Mein Recycling is developed by Resourcify GmbH from Hamburg. The app is the easiest solution for businesses to easily manage all of their waste, collections, and recyclers in one app, and for waste management companies to seamlessly connect with their customers online. Their vision is zero-waste: enabled with the digital transformation of the wastesector as the foundation for the circular economy.
  • traceless materials — traceless materials offer a holistically sustainable alternative to plastics: 100% biobased on plant residues, compostable under natural conditions, and free of toxic chemicals. For a future free of pollution and waste!
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Boris Bogaert
Angel · Antwerp, Antwerpen, Belgium · 2 investments in Belgium FinTech startups

Startup Enabler & Angel Investor. In 2011 I co-founded Cardwise that later became Xpenditure NV an innovative product for managing expenses. Which was acquired by Sodexo Group (EURONEXT:SDXOF) in March 2017 after a very succesfull growth phase with more then 6000 customers globally (eg. Deloitte, Henkel, PWC,....) Reinvested partly in the newventure with Sodexo & iAlbatros. We launched this new corp-up venture in June 2018 under the name of RYDOO and I'm acting COO and board member.. Next to that I'm also investing in promising early stage startups with Tumbzup bvba.In the early 90ies I've been involved in commercialisation of the first Internet solutions. My passion has always been making new innovative products marketable towards B2B markets. I've pioneered in the internet sector and have been involved in the launch of Europe's first Internet service providers PING (Eunet) and Yucom (JV BT & ING), now both part of Belgacom (BELG:BB).Later, I became Chief Commercial Officer at SpaceChecker and after the acquisition by Punch Telematix, I became Country Manager. Punch Telematix is now owned by Trimble (NASDAQ: TRMB). In 2007, I joined Massive Media (publishers of Netlog & TWOO), a leading European on-line community that has recently been acquired by IACI (NASDAQ:IACI). As Director of Business Development, I successfully set-up the complete business development strategy and team from scratch.

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Investment focus

  • Industry: Software, FinTech, Enterprise Software
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, United Kingdom, United States

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $130k–$1.2M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Oper — Oper is the mortgage platform that helps lenders and brokers digitise and streamline their mortgage distribution.
  • Cardify — Cardify redefines the way the fastest growing companies enable their sales team to deliver a more effective and personalized buyer/seller experience. The company was founded in 2019 and headquartered in Oost-Vlaanderen, Belgium.
  • Hotel Manager — Hotel Manager is the platform for delivering modern experiences to guests, wherever they are. Launch and build your hotel app in no time and manage your growth easily. All in one platform with zero technical knowledge required.
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Idinvest Partners
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium FinTech 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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Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 2 investments in Belgium FinTech startups

Oxygen for growth - LRM

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Investment focus

  • Industry: Information Technology, Software, Biotechnology
  • Stage:Series A, Seed
  • Geography: Belgium, United States, The Netherlands

Investor stats

  • Total investments: 81
  • Round size: Seed $482k–$2.7M; Series A $1.6M–$11M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Qviro — Compare industrial robotics and brands based on user ratings, product prices, use-cases. Reviews for Collaborative robots, Cobots, Industrial robots
  • Cumul.io — Create powerful dashboards in minutes. Share with your teams, or integrate in your platform. Drive growth in your business today!
  • MobieTrain — The mobile microlearning platform of Mobietrain improves knowledge retention with personalised, gamified learning to boost your sales.
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eCAPITAL ENTREPRENEURIAL PARTNERS
VC Fund · Münster, Nordrhein-Westfalen, Germany · 2 investments in Belgium FinTech startups

eCAPITAL is a venture capital investor that provides early to growth stage funding to technology and deep tech companies.

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Investment focus

  • Industry: Information Technology, Software, Manufacturing
  • Stage:Series A, Series B
  • Geography: Germany, United States, Italy

Investor stats

  • Total investments: 101
  • Round size: Series A $2.7M–$4.9M; Series B $1.1M–$16M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • BeeOLED — BeeOLED’s technology enables OLED displays with significantly improved efficiency, brightness and operational stability at lower overall costs due to a less complex device structure.
  • Build38 — Build38 is a global provider of mobile application protection solutions. Its solution represents a new generation of app-hardening technologies and service that protects apps from known and unknown attacks and opens the market to new digital business models. Build38 protects applications across various industries including automotive, financial,public transport and health care. Build38 is headquartered in Munich with global offices in Barcelona and Singapore. The company is a spin out of Giesecke + Devrient and ranks among the best IT Security startups in Germany. Build38 is an official GARTNER In-App Shielding Market Guide Vendor since 2019 and the first to combine: In-App Shielding + In-App Monitoring + AI-based In-App Reaction.
  • QuoIntelligence — Our finished intelligence will significantly reduce your operational risks and allow you to make informed security decisions.
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Big Bang Ventures
VC Fund · Antwerpen, Antwerpen, Belgium · 2 investments in Belgium FinTech startups

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.

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Investment focus

  • Industry: Software, Cloud Computing, Apps
  • Stage:Series A, Series B
  • Geography: Belgium, The Netherlands, United States

Investor stats

  • Total investments: 19
  • Round size: Series A $1M–$2.7M; Series B $6M–$9M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Amplidata — Store and protect your unstructured data and video; enable life-saving research, improve post-production workflows, provide an accessible archive.
  • Clear2Pay — Clear2Pay is an innovative payments technology company focused on delivering globally applicable solutions for secure, timely and streamlined payments processing. Clear2Pay's Open Payment Framework (OPF) enables financial institutions to improve internal payments processing efficiencies whilst at the same time providing their clients withbetter payment services that are faster, with richer payments related information.Clear2Pay's solutions within the Service- Oriented Architecture (SOA) based Open Payment Framework offer financial institutions the ability to process payments through a centralised payments engine that utilises a library of re-useable business services across all payment types. The bank can thus combine new services models with existing infrastructures, thereby protecting previous investments whilst gradually moving to a more modern efficient payments environment.
  • Racktivity — I found a great domain name for sale on Dan.com. Check it out!
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KPN Ventures
VC Fund · Rotterdam, Zuid-Holland, The Netherlands · 2 investments in Belgium FinTech startups

KPN Ventures is a corporate venture arm of KPN that aims to partner with innovative technology companies, providing access to capital, expertise, network, and customer channels. It focuses on early growth-stage European companies in networking technology, internet of things, smart home, digital healthcare, cyber security, mobile and video (OTT)services, cloud computing, data, and analytics. It began operation on June 1, 2015, with its headquarters in Rotterdam in the Netherlands.

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Investment focus

  • Industry: Software, Internet of Things, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: The Netherlands, Belgium, Germany

Investor stats

  • Total investments: 26
  • Round size: Seed $1.6M–$10M; Series A $214k–$8.6M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Minut — Minut keeps your home safe and your neighbors happy while respecting your guests' privacy. Monitor noise and occupancy, secure your home, and enhance guest experience. Only Minut gives you the full insight you need to protect your homes, all in one single sensor.
  • Qollabi — Make partner and account plans work with Qollabi BRM (Business Relationship Management) for professionals managing indirect sales channels like agents, branches, distributors, dealers, brokers, resellers etc.
  • CensorNet — CensorNet can help your organisation manage the rise of cloud applications in an increasingly mobile world. Our solutions let you see, control and protect all internet activity and the use of cloud applications across all devices. We protect your users, whether they are in the office or on the road.With this protection, you can embrace cloudapplications, safely implement BYOD initiatives and control shadow IT.
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Truffle Capital
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium FinTech 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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Jacques-Martin Philippson
Angel · 2 investments in Belgium FinTech startups

Jacques-Martin Philippson

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Investment focus

  • Industry: Education, Financial Services
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Easyvest — Easyvest is leading a crusade to help all Belgians to make their money grow in a personalized, simple, low-cost and educational way.
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alfred bouckaert
Angel · 2 investments in Belgium FinTech startups

alfred bouckaert

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Investment focus

  • Industry: Education, Financial Services
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Easyvest — Easyvest is leading a crusade to help all Belgians to make their money grow in a personalized, simple, low-cost and educational way.
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42CAP
VC Fund · Munich, Bayern, Germany · 2 investments in Belgium FinTech startups, 7 in the past 12 months

42CAP is a seed stage investment firm based in Munich, Germany. They initially invest € 0.5 to 1.5m in seed-stage tech- and data-driven companies across Europe with global ambition.With eCircle they previously built one of Europe’s largest SaaS companies and sold the profitable business to Teradata (NYSE:TDC) in 2012.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Germany, France, Sweden

Investor stats

  • Total investments: 67
  • Round size: Seed $1.1M–$6M; Series A $1.1M–$7.5M; Series B $3.2M–$25M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Codesphere — Codesphere is your Zeroconfig Cloud. No config - just code and run web apps from your browser. Team work on distributed full stack Typescript, and benefit from our automatic deployments, scaling, tests, and security / privacy audits. We optimize each and every detail to keep things simple for you. Codesphere is next level programming.
  • smatch — Smatch takes care of stock management and helps retailers to better buy merchandise.
  • Customs4trade (C4T) — Customs4trade simplifies Global Customs Management and Trade Compliance with a user-friendly software solution, CAS, which offers end-to-end automation.
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Internet Attitude
VC Fund · Waremme, Liege, Belgium · 2 investments in Belgium FinTech startups

Internet Attitude provides financial and strategic support to companies focused on web and new technologies.

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Investment focus

  • Industry: Auctions, E-Commerce, Financial Services
  • Stage:Seed, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Auctelia — Auctelia offers industrial companies a simple way to manage efficiently their assets throughout their life cycle.Auctelia currently allows companies and intermediaries to sell and buy industrial assets through an effective online auction process. More than 30,000 members from 30 countries are logged in as buyers and Auctelia already managedsales of over EUR 10 of millions worth in assets.
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Inventures SA
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium FinTech startups

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.

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Investment focus

  • Industry: Health Care, Manufacturing, Biotechnology
  • Stage:Series A, Seed
  • Geography: Belgium, France, United Kingdom

Investor stats

  • Total investments: 44
  • Round size: Seed $80k–$2M; Series A $402k–$13M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • BiOceanOr — BiOceanOr provides underwater weather stations to measure water quality. Their solutions provide informations from your exploitation in real-time. Receive alerts in real-time and take decisions with their preventive alert system.
  • myskillcamp — Myskillcamp is a digital learning platform and educational design support service. Myskillcamp supports their customers in the digital transformation of their company and the launch of their Digital Learning project. From the audit of needs to the design of engaging educational devices, through a pilot phase, they make a point of honor to adapt thedigital to the specificities of each and give it meaning.With their online platform, businesses can manage their learner communities and connect all their partners in one place. Their tool also allows businesses to structure training spaces by skills, trades, brands within camps. In parallel, businesses can create educational content from scratch, select a map in their marketplace, or plan sessions in-class. Businesses can organize the distribution of their training to a single learner or to a whole group.
  • Octave — A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 2 investments in Belgium FinTech startups, 15 in the past 12 months

Ventures Platform Fund is a discovery fund that invests early in mission-driven founders that are building capital-efficient platforms that democratise prosperity, plug infrastructural gaps, connect underrepresented communities, solve for non-consumption, and improve livelihoods in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 127
  • Round size: Seed $325k–$4.4M; Pre-Seed $50k–$1.1M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $46M in 2022

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
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Tioga Capital Partners
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium FinTech startups

Headquartered in Belgium, we provide our investors with exposure to the growing European blockchain ecosystem, with a focus on early-stage opportunities.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: France, Belgium, United States

Investor stats

  • Total investments: 9
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $70M in 2021

Portfolio highlights

  • PV01 — Reinventing the debt capital markets with digital assets.
  • Chaos Labs — Chaos Labs is a fully automated on-chain economic security system that allows crypto protocols to optimize risk management and capital efficiency while safeguarding user funds. Chaos Labs offers a more secure and safe operating environment for crypto protocols. Chaos Labs uses technology and risk management expertise to help protocols navigate theoften volatile crypto markets and make informed decisions. The platform is currently available for protocols on the Ethereum network, with plans to expand to other blockchains such as Terra, NEAR, and Polygon in the future.
  • Lens Protocol — Lens Protocol is a composable and decentralized social graph, ready for you to build on so you can focus on creating a great experience, not scaling your users.
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Luc De Vos
Angel · Leuven, Vlaams-Brabant, Belgium · 2 investments in Belgium FinTech startups

Luc De Vos is the non-executive director at Hybrid Software Group PLC. Luc De Vos attended KU Leuven.

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Investment focus

  • Industry: Analytics, Consulting, B2B
  • Stage:Seed, Series A, Private Equity
  • Geography: Belgium, Finland, United States

Investor stats

  • Total investments: 12
  • Round size: Seed $21k–$4.2M; Series A $2.4M–$11M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Finactum — Finactum delivers company data for Belgium in a freemium business model. The offering is to provide 'rich' factual data and as such be a tool for company competitive intelligence, m&a market research or lead generation. The company aims to be(come) a data Intelligence Service Provider (web 3.0).
  • Husky Marketing Planner — Marketing planning & marketing calendar tool for marketing teams. Makes the complete marketing planning clear on one central digital platform.
  • DataStories International — DataStories a Partners in Performance Company, is an end-to-end prescriptive analytics provider for your operations. Real-time optimisation for better quality, yield and energy efficiency.
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Ark Angels Activator Fund
VC Fund · Hasselt, Limburg, Belgium · 2 investments in Belgium FinTech startups

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,

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Investment focus

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

Investor stats

  • Total investments: 20
  • Round size: Seed $911k–$1.6M; Series A $1.2M–$7.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Apicbase — Apicbase is a F&B management platform that gives you total visibility of your back of house so you can grow without compromise.
  • waylay — Waylay is a leading Enterprise IT-OT digital unification software company delivering low-code based orchestration, automation and analytics software solutions. Waylay has a passion for supporting enterprises on their IoT automation journey and ensuring it puts all valuable data to work for developers, data scientists and domain experts.
  • Accelleran — Accelleran is pioneering a disruptive approach to the delivery of cost-effective, carrier and mission-critical grade TDD and FDD Small Cell networks through its focus on software quality and partnerships with volume manufacturers.Accelleran provides LTE Small Cell software and LTE Small Cell product solutions which address the real-worldchallenges of volume deployment of Small Cells. We offer turnkey solutions and unique experience on the challenges of integrating cellular technology on low cost, yet powerful platforms and architectures. Accelleran offers its customers solid and dependable system solutions, backed by the support of our unparalleled expertise.Accelleran’s technology is genuinely independent from any HW platform and enables operators to invest once in the integration and validation of a common software base that can be deployed across different segments, platforms and Small Cell architectural approaches to enable a truly integrated HetNet.
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Polytech Ventures
VC Fund · Lausanne, Vaud, Switzerland · 2 investments in Belgium FinTech startups

Polytech Ventures are an early stage VC firm based in Switzerland with a strong international focus. Their strategic location at EPFL in Lausanne grants us access to one of the most dynamic and recognized innovation centers in the world

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A
  • Geography: Switzerland, United States, Spain

Investor stats

  • Total investments: 46
  • Round size: Seed $1M–$3.5M; Series A $1.1M–$6.7M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • yamo — Frische Bio-Kindernahrung von yamo, so lecker wie selbstgemacht und kostenlos direkt zu dir nach Hause geliefert. Jetzt probieren und profitieren.
  • Relai — Relai is a Bitcoin investment app that allows anyone to buy bitcoin within one minutes or set up an automated savings plan.
  • Earny — Payroll management built for Startups & SMEs. Swiss payroll service with no hidden fees & no hassle
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Belgium FinTech startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Canada

Investor stats

  • Total investments: 57
  • Round size: Seed $25k–$1.2M; Pre-Seed $50k–$1M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $15M in 2022

Portfolio highlights

  • Famasi — Famasi is a digital health platform that helps people access their medications, schedule doorstep delivery, and automate monthly refills.
  • Pennee — Pennee supports small businesses to grow with low interest loans and data optimization.
  • Clafiya — Discover Clafiya: Your trusted digital health platform, uniting in-person care and virtual solutions for a personalized and caring healthcare experience. Embrace a healthier, happier you, with us by your side.
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Alpana Ventures
VC Fund · Geneva, Geneve, Switzerland · 2 investments in Belgium FinTech startups

Alpana Ventures is a Swiss VC focusing on digital transformation.Since 2016 we backed 45 founder teams with 3 Funds, supporting them in their journey towards a positive impact.Committed to value creation, we discover deep tech solutions in Switzerland, Europe and the US.We invest to embed them into innovative business models and back them tobecome global market leaders.Applying ESG criteria, our portfolio companies help create a more sustainable future.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Switzerland, Germany

Investor stats

  • Total investments: 95
  • Round size: Seed $822k–$3.5M; Series A $2.2M–$8M; Series B $3M–$45M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Sinay — Use the full potential of your data with intelligent solutions. Become more efficient on a daily basis and reduce your environmental impact.
  • Nezasa — Nezasa’s travel booking solution empowers travel brands globally to combine all planning and booking related actions into one seamless end-to-end experience.Our tools, enable to plan and book any type of multi-product or multi-stop itinerary.TripBuilder Hyper-personalised packaging Real-time planning and booking of personalised itinerariesPowerful, easy to use and very interactive Deep integration possibilities into existing fulfilment landscapes Enterprise-grade, proven with large TO customersTripBooster Hyper-personalised In-Destination Upselling The extension of TripBuilder’s power throughout the entire travel lifecycle The perfect travel companion Seamless purchasing of perfectly fitting additional products Smart upselling recommendation, available in both a push and pull mode
  • Tinamu — Tinamu Labs has developed a technology that converts commercially available drones into camera equipment reaching professional standards.
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Sambrinvest
VC Fund · Gosselies, Hainaut, Belgium · 2 investments in Belgium FinTech 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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LeanSquare
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium FinTech startups

New Economy Startups Investor & Accelerator

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Investment focus

  • Industry: Software, Music, Internet
  • Stage:Seed, Series A
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 31
  • Round size: Seed $200k–$1.4M; Series A $242k–$11M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Zapfloor — Zapfloor is the number one workspace management software for coworking spaces, serviced offices and corporate workspaces in Europe.
  • ClimateCamp — Looking for a sustainable way to collaborate with your suppliers on emissions reduction projects? Look no further than our platform - Book a demo for free!
  • Streamforge — Streamforge is the technology-first, turnkey solution for all of your influencer marketing needs.
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Connect Ventures
VC Fund · London, England, United Kingdom · 2 investments in Belgium FinTech startups, 14 in the past 12 months

Connect Ventures invests in the best product-led companies in Europe at seed stage. Categories: Consumer, Health, Fintech, SaaS

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 129
  • Round size: Seed $500k–$4.3M; Pre-Seed $1.2M–$2.1M; Series A $4.9M–$100M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Anytype — for those who celebrate trust & autonomy.
  • Swallow — A modern pricing platform that separates pricing from the rest of your code. Swallow increases the speed and confidence of pricing changes for greater growth and profitability.
  • Outverse — A community platform that's easier to use, better organised and designed for real interaction.
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Jonas Dhaenens
Angel · Gent, Oost-Vlaanderen, Belgium · 2 investments in Belgium FinTech startups

Jonas Dhaenens - Group CEO @ team.blue Denmark

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Angel, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • FoundME — We support local ecosystems by providing them a global reach.
  • Qollabi — Make partner and account plans work with Qollabi BRM (Business Relationship Management) for professionals managing indirect sales channels like agents, branches, distributors, dealers, brokers, resellers etc.
  • Cardify — Cardify redefines the way the fastest growing companies enable their sales team to deliver a more effective and personalized buyer/seller experience. The company was founded in 2019 and headquartered in Oost-Vlaanderen, Belgium.
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Jean-Marc Toussaint
Angel · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium FinTech startups

Jean-Marc Toussaint is a Founder and Managing Partner at WeQan.

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Investment focus

  • Industry: Apps, FinTech, Financial Services
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pom — POM stands for Peace of Mind. And it's exactly that worry-free feeling that they want their customers to achieve through their invoice management solutions, both for the receiver and the sender.Their goal is to eliminate the senseless time and effort spent because of inefficient systems. And thus freeing up time to do the things that reallymatter.
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Nicolas Debray
Angel · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium FinTech startups

Nicolas Debray is the Managing Director at Hakacia.

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Investment focus

  • Industry: Credit, Insurance
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yago — Yago is the digital platform to simplify, optimize and manage online insurance and mortgage credit. Yago makes it possible to take out a mortgage loan and now offers its services in Flanders.
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Sherpa Invest
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium FinTech startups

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

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Investment focus

  • Industry: SaaS, Software, B2B
  • Stage:Series B
  • Geography: Belgium, China

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • MAXVAX — MAXVAX aims to provide novel vaccine development and commercialization.
  • Virteo NV — VIRTEO’s platform covers the internal dunning and all external (amical/judicial) debt collection processes. With VIRTEO, creditors reduce costs, improve results and enforce CSR policy with external partners like lawyers and bailiffs. VIRTEO helps achieve economic goals (getting paid) with socially responsible practices (avoiding malpracticesand excessive costs to debtors).VIRTEO is an online platform allowing credit managers to work directly with lawyers, court bailiffs and recovery agencies in an efficient, transparent and compliant process. The debt collection industry rarely has a positive image. Customers lack tools to monitor and control the practices used by their external collection partners and the goal (recovering the unpaid invoice) is often in contradiction with a socially responsible approach. VIRTEO empowers creditors with a better process and results, and also provides better control over the practices used by their external partners. We provide the customer with the tools and insights to enforce and monitor their CSR policy, while improving results and reducing costs at the same time. Virteo - Where financial fitness meets ethics
  • Babelway — Unique online B2B integration platform to easily build document flows, transform them between any two formats and transfer them via any protocol.
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Belfius Bank
VC Fund · Saint-josse-ten-noode, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium FinTech startups

A for-profit PLC founded to meet local authority needs.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 13
  • Round size: Seed $284k–$1.1M; Pre-Seed $284k–$1.4M; Series A $750k–$7.5M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Kwarts — Empower your commercial and medical teams to better respond to customer needs. A-Inside brings actionable insights into your CRM and marketing automation tools.
  • Summ.link — Summ.link works to transform enterprises by enhancing the employee experience through strategy and strong insights based on trustworthy data, which leads to improvements in digital processes. By putting a strong emphasis on data intelligence and people analytics, it seeks to provide everyone in the organization with actionable information.Application development, big data, AI, cloud solutions, and other services are among their offerings.
  • Itsme — Veilig laten weten wie je bent, makkelijk inloggen, transacties bevestigen en documenten ondertekenen. Allemaal met 1 app.
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Courtside Ventures
VC Fund · New York, New York, United States · 1 investments in Belgium FinTech startups, 12 in the past 12 months

Courtside Ventures is the leading early-stage fund focused on Sports, Lifestyle, and Gaming. We invest in passionate entrepreneurs.

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Investment focus

  • Industry: Gaming, Sports, Fitness
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 107
  • Round size: Seed $1M–$6M; Series A $5M–$45M; Series B $9.6M–$21M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • EloElo — Look Good, Feel good daily with India’s #1 Short Videos App for Health, Beauty & Lifestyle ! 100% Made in India, Made for India App that lets you watch entertaining & informative 60 second videos and also win 100s of Products free
  • Bebopbee — BebopBee crafts exceptional, emotive and enduring casual gaming experiences
  • Tap — The first secondary trading platform for private fund secondaries.
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Be Angels
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 1 investments in Belgium FinTech startups

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, Spain

Investor stats

  • Total investments: 20
  • Round size: Seed $241k–$903k; Pre-Seed $78k–$364k
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Savics — Savics offers digital solutions for health actors to improve their data management, disease diagnostics and GeneXpert connectivity.
  • DeftHedge — DeftHedge is an application addressed to business leaders, and CFOs facing volatility of foreign exchange market.
  • HeartKinetics — Heart failure diagnosis. HeartKinetics is a digital company dedicated to the remote detection and monitoring of patients with heart failure.
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BlockTower Capital
VC Fund · New York, New York, United States · 1 investments in Belgium FinTech startups

BlockTower is a leading cryptoasset investment firm, applying professional trading, investing and portfolio management to an emerging digital asset class.

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Investment focus

  • Industry: Blockchain, FinTech, Financial Services
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 36
  • Round size: Seed $2.5M–$7.5M; Initial Coin Offering $16M–$60M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • PV01 — Reinventing the debt capital markets with digital assets.
  • Ping — Ping provides international contractors and freelancers with access to a personal Dollar account in the United States.
  • Centrifuge — Centrifuge is an open, decentralized operating system to connect the global financial supply chain. It allows participants to transact on a global network while maintaining ownership of their data, including their validated company details, their reputation, business relationships, and subsequent transactions. The company's team built multiplecompanies together over the last 18 years and they still enjoy working as a group. Together, they created software that transacts billions of dollars each day and is used by 97 out of the Fortune 100. With the help of their world-class investors, advisors, partners, and team they started Centrifuge to go on building real software, solving real business problems.
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E-Merge
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium FinTech startups

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!

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A
  • Geography: United States, Belgium, Spain

Investor stats

  • Total investments: 68
  • Round size: Seed $120k–$2M; Series A $3M–$25M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Invopop — Invopop is a developer of invoicing management software built to integrate with businesses so they may deliver invoices where they're needed and in the formats demanded by clients, authorities, and finance teams. They are time-consuming, integrations are hard, and invoicing is a nightmare. Invopop helps companies meet their global sales taxreporting obligations.
  • Work Today — Create one profile. Apply to thousands of jobs in minutes.
  • Anagram — Anagram's software platform helps eye care practice automate vision insurance eligibility, claims, billing, and automating the supply chain from lab ordering, to instant rebates to help eye care providers differentiate themselves and advance their practices.
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BAN Vlaanderen
VC Fund · Hasselt, Limburg, Belgium · 1 investments in Belgium FinTech startups

BAN Vlaanderen is the business angel network in Flanders, a value-added platform within which new or growing businesses are brought into contact with informal private investors, called Business Angels. Looking for venture capital This Business Angels bring not only money but also their own know-how, experience and contacts. Are connecting servicesoffered. Both the entrepreneurs and the business angelsBAN Vlaanderen is no investment, it does not own shares or take any investment decisions, nor for its own account or on behalf of the affiliates. Instead, it is a market where supply and demand are brought together. The information on this site is intended to initiate the purpose and operation of BAN Vlaanderen. For more information you can always contact one of our regional offices.BAN Vlaanderen is an association that aims to stimulate the development, support and promotion of entrepreneurship and investment culture in Belgium. Economic growth in Belgium

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Investment focus

  • Industry: Health Care, Medical, Apps
  • Stage:Seed, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 6
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • TheraSolve — TheraSolve NV is a medical technology company dedicated to developing and commercializing innovative, user-friendly, and cost-effective solutions to promoting medication adherence. TheraSolve’s patented technology platform will motivate broad patient populations to take their medications as prescribed, and more generally, to perform anyhealth-promoting activity in a timely fashion.
  • Pom — POM stands for Peace of Mind. And it's exactly that worry-free feeling that they want their customers to achieve through their invoice management solutions, both for the receiver and the sender.Their goal is to eliminate the senseless time and effort spent because of inefficient systems. And thus freeing up time to do the things that reallymatter.
  • Oncomfort — Oncomfort’s solution for digital sedation is a completely new method for relieving patients’ pain and anxiety before, during and after medical procedures. This revolutionising digital therapy combines clinical hypnotherapy and integrative therapeutic techniques through Virtual Reality.
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10x Founders
VC Fund · Munich, Bayern, Germany · 1 investments in Belgium FinTech startups, 12 in the past 12 months

Cutting-edge venture capital firm supporting the early-stage entrepreneurs building global businesses.

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Investment focus

  • Industry: Software, Information Technology, Human Resources
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United States, India

Investor stats

  • Total investments: 36
  • Round size: Seed $2.7M–$12M; Series A $7.5M–$23M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • FERNRIDE — Fernride enables automated, sustainable logistics by combining the skills of remote drivers with autonomous technologies.
  • LastMile AI — Prototype and productionize generative AI apps. Built for engineers, not just ML practitioners
  • ThreatFabric — Our Fraud Risk Suite enables safe & frictionless payment journeys by combining our renowned threat intel with device/behavioral/identity risk management.
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Cronos
VC Fund · Kontich, Antwerpen, Belgium · 1 investments in Belgium FinTech startups

Ever since its inception, CRONOS has demonstrated an extraordinary growth, both in revenue and staff numbers. CRONOS' ability to swiftly adapt to the ever-changing market demands, made it the most preferred technology partner for many companies on the lookout for high quality ICT solutions. A thorough understanding of customers' needs anda continuous quest for innovation, combined with a consistent but flexible attitude towards excellence, paved the way to rapid growth and success.

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Investment focus

  • Industry: FinTech, Software, Asset Management
  • Stage:Series A
  • Geography: Belgium

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • InvestSuite — InvestSuite helps financial institutions modernize & extend their wealth management product range with our suite of white-label solutions. We are a pure B2B fintech with a team of seasoned experts who operate across AI/machine learning, design, human insights and wealth management. We believe the combination of changing customerexpectations, technological evolutions and the emerging new ecosystem of financial institutions, fintechs, core banking platform providers and others is creating enormous growth opportunities.
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Transcend Fund
VC Fund · San Francisco, California, United States · 1 investments in Belgium FinTech startups

Transcend Fund is a early-stage venture capital firm investing in the future of games and digital entertainment

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Investment focus

  • Industry: Gaming, Video Games, Online Games
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Belgium

Investor stats

  • Total investments: 28
  • Round size: Seed $1.4M–$5.5M; Series A $12M–$17M; Series B $7.3M–$15M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Roboto Games — Founded by Curt Bererton, Mathilde Pignol and Vijay Myneni, Roboto Games is a small scrappy studio made up of plucky game industry vets who, despite common wisdom, cannot stop making games in San Francisco. We ascribe to the time tested Three Musketeers meets Voltron philosophy for making casual and mid-core games.
  • Cosmic Lounge — Crafting Stellar Puzzle Games. Cosmic Lounge is a mobile puzzle game startup based in Helsinki and Stockholm.
  • MagicSchool AI — Join thousands of teachers saving hours of time using AI to help lesson plan, differentiate, write assessments, write IEPs, communicate clearly, and more!
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Coinbase Ventures
VC Fund · San Francisco, California, United States · 1 investments in Belgium FinTech startups, 46 in the past 12 months

Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, India

Investor stats

  • Total investments: 256
  • Round size: Seed $2M–$7.5M; Series A $4.2M–$40M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2018

Portfolio highlights

  • FirstMate — FirstMate is a software company that designs and develops software tools for NFT creators.
  • Cymbal — The human readable block explorer. Explore any wallet, NFT or collection to understand their activity, all in real time.
  • Rocket Pool — Your friendly decentralised Ethereum staking protocol
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Green Park Investment Partners
VC Fund · Gent, Oost-Vlaanderen, Belgium · 1 investments in Belgium FinTech startups

Green Park is een onafhankelijke investeerder. We investeren sinds 2010 in kleine en middelgrote bedrijven in de Benelux met focus op buyouts, groeifinanciering en/of partnerships. We werken graag nauw samen met gedreven ondernemers of management teams, waarbij we actieve ondersteuning en financiering voor verdere groei bieden.

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Investment focus

  • Industry: Information Technology, Real Estate, CRM
  • Stage:Seed, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 3
  • Round size: Seed $536k–$1.1M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • TechWolf — TechWolf uses AI to bring you an automated, continuous and objective view on the workforce skills you have, the skills you need and the gap in between.
  • SweepBright — SweepBright is a new generation CRM for forward looking real estate agencies.
  • Around Media — Digitize your real estate like it's 2025
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FinTech Investor funding in Belgium at a glance

Stats across 54 deals from 92 investors.

92
investors
in Belgium FinTech startups
54
deals
in Belgium FinTech startups
$2.3M
median round
in Belgium FinTech startups
40%
lead investors
lead at least one round
30%
Seed
most common funding stage
91/9
VC / Angel
share of investor count

Access all 92 investors in Belgium FinTech startups.

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