# Top 45 Gaming Startup Investors in Belgium in May 2026

## Vives Louvain Technology Fund
- Type: VC Fund
- Location: Louvain-la-neuve, Vlaams-Brabant, Belgium
- Relevant deals: 4
- Stages: Series A, Series B
- Focus: Health Care, Biotechnology, Medical

Vives is an interregional seed and early stage technology multi-sector fund. The new fund, initiated by UCLouvain, is a unique European inter-university fund having access to world class innovations from leading EU top universities.

## Ark Angels Activator Fund
- Type: VC Fund
- Location: Hasselt, Limburg, Belgium
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, Information Technology, SaaS

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,

## Newion
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, SaaS, Information Technology

Newion is a venture capital firm focused on early-stage investments in B2B software companies. Its mission is to support entrepreneurs in building software companies into category leaders that create sustainable impact, and in doing so generate excellent returns to its investors.

## High-Tech Grunderfonds
- Type: VC Fund
- Location: Bonn, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, Biotechnology

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.

## S.R.I.W.
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Health Care, Biotechnology, Manufacturing

The S.R.I.W. Group is an institution at the heart of the financial market that assists entrepreneurs in creating and developing businesses in the Walloon region. It reflects the effort of Wallonian industry in facing the challenges of the creation of economic value in the 21st century.
Since its creation in 1979, the Société Régionaled’Investissement de Wallonie has continuously been expanding its abilities to adapt and anticipate as well as its flexibility in order to meet the requirements of its partners who are confronted with the evolution of the world economy. The principles of good governance, a strong business culture and shared values at the heart of the Group constitute important assets to capture the changing realities of the market and progress in a sustainable development perspective.

## Limburgse Reconversie Maatschappij
- Type: VC Fund
- Location: Hasselt, Limburg, Belgium
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Information Technology, Software, Biotechnology

Oxygen for growth - LRM

## WING by Digital Wallonia
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 2
- Stages: Seed, Convertible Note, Series A
- Focus: Software, Health Care, Internet

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).

## Be Angels
- Type: VC Fund
- Location: Louvain-la-neuve, Vlaams-Brabant, Belgium
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

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.

## Volta Ventures
- Type: VC Fund
- Location: Gent, Oost-Vlaanderen, Belgium
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

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

## Spreds
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Health Care, Information Technology, Food and Beverage

We empower high-potential entrepreneurship and democratize venture capital. Discover promising start-ups & SMEs and invest alongside business angels.

## Meusinvest (Noshaq)
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Health Care, Biotechnology, Medical

Noshaq offers financial services to help businesses develop.

## Jonas Mallisse
- Type: Angel
- Relevant deals: 1
- Focus: Service Industry, Food and Beverage, Supply Chain Management

Jonas Mallisse is a founder of Too Good To Go Belgium.

## Rocket Internet
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Internet, FinTech

Rocket Internet incubates, builds, develops operationally and strategically invests in internet and technology companies globally. It provides operational support to its companies and helps them scale internationally. Rocket Internet's selected companies are active in a large number of countries around the world.

## Seeder Fund
- Type: VC Fund
- Location: Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Financial Services

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.

## Jose Marin
- Type: Angel
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Internet, Software

Jose Marin started his professional career as a consultant at The Boston Consulting Group.In 1999 he co-founded DeRemate.com (eBay model for Latin America). The company raised 75 M USD, did a partial cash-out sale to Terra and later merged with Mercado Libre that went Public in Nasdaq .Currently Jose is co-Founder and co-CEO of IGExpansion. IG takes successful internet business models into emerging markets (main focus Brazil). IG builds one project per year and will not build more than 6 (investing the first 3 to 5 M USD per project). 5 of the 6 are already operating being Viajanet (Expedia for Latam) its biggest success.Jose is also founder of Serendipity Investments, company that has invested in >70 start-ups. Before this, Jose invested in projects such as Bazee (auctions sold to eBay in 2005) and eDreams (European Travel site sold to TA Associates in 2006) obtaining top tier returns.Jose is a Mechanical and Electrical Engineer and holds an MBA and an MA in International development Economics from Stanford.

## Siddhi Capital
- Type: VC Fund
- Location: Cherry Hill, New Jersey, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Food and Beverage, Biotechnology, Manufacturing

Siddhi Capital is the growth equity partner for convention-crushing food and beverage companies. 

## Piton Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: E-Commerce, Marketplace, Internet

Piton Capital is a venture capital and growth equity firm headquartered in London, United Kingdom. Piton focuses exclusively on network effects businesses (marketplaces, exchanges and platforms) as this provide one of the few moats or forms of defensibility to achieve dominance. There are several forms of great network effects businesses thataren’t marketplaces that include data network effects (including machine learning and AI), businesses that rely on user generated content, as well as SaaS businesses with the potential to layer network effects around it. The firm is a stage and style-agnostic and seeks to invest from seed to late stage (€200k to €15m).

## Fortino Capital
- Type: VC Fund
- Location: Zaventem, Vlaams-Brabant, Belgium
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Information Technology, SaaS

We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.

## Gimv
- Type: VC Fund
- Location: Antwerpen, Antwerpen, Belgium
- Relevant deals: 1
- Stages: Series B, Private Equity
- Focus: Biotechnology, Health Care, Medical

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].

## DSM Venturing
- Type: VC Fund
- Location: Heerlen, Limburg, The Netherlands
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Biotechnology, Health Care, Manufacturing

DSM Venturing provides start-up funding, coaching and support for start-up companies that share our purpose of creating brighter lives for all.

## Naxicap Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: Manufacturing, Software, Retail

Naxicap Partners is a financial partner responsible, active and present along with its holdings. Their concept of partnership is to provide their participants and their managers substantial support in periods of expansion as in times of difficulty, with lines of action to be effective and practical.

## Investsud
- Type: VC Fund
- Location: Marche-en-famenne, Luxembourg, Belgium
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Biotechnology, Medical, SaaS

Investsud is a capital firm that works on investments in different industries including food, general industry, and technological startup.

## Blockrocket
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Information Technology, Software

Blockrocket is an early-stage investor in blockchain startups.

## Plug & Play
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Seed

We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond.

## DN Capital
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, SaaS

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’sprevious funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).

## The Faktory Fund
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Manufacturing

The Faktory is a hub for business ideas based on any disruptive technology with a high potential in international niche markets: ICT, Health, Environment, Media, Broadcast and more.

## Lean FUND
- Type: VC Fund
- Location: Louvain, Vlaams-Brabant, Belgium
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: Internet, Apps, Software

Startups, increase your value by 3 within 9 months thanks to Power 3 by Leanfund (www.leanfund.com)!

## Maximilien Peeters
- Type: Angel
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Seed
- Focus: Distillery, Food Processing, Wine And Spirits

Entrepreneur who has a wide range of interests and has a great added value when it comes to creativity and marketing.

## Impact Group
- Type: VC Fund
- Location: Boise, Idaho, United States
- Relevant deals: 1
- Stages: Series A
- Focus: Pet, Food Delivery, Food and Beverage

Impact Group is a sales and marketing agency for companies in the consumer packaged goods industry

## Powerhouse Ventures
- Type: VC Fund
- Location: Oakland, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Energy, Solar

Powerhouse Ventures
backs entrepreneurs building the digital infrastructure for rapid decarbonization.

## Transcend Fund
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Gaming, Video Games, Online Games

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

## Alpaca VC
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Real Estate

Alpaca VC | Reshaping the Real World Alpaca VC is a New York based firm the leads early-stage investments in companies reshaping the physical and digital world.

## Planet A Ventures
- Type: VC Fund
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Renewable Energy, Manufacturing, Solar

Planet A supports founders tackling the world's largest environmental problems. We're building the economy our planet needs.

## SmartFin
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Software, SaaS, Analytics

Venture capital fund focussing on European B2B technology companies.

## Dupont Restauration
- Type: VC Fund
- Location: Libercourt, Nord-Pas-de-Calais, France
- Relevant deals: 1
- Stages: Series A
- Focus: Pet, Food Delivery, Food and Beverage

Dupont Restauration , undisputed leader in catering, while remaining a family-sized company, remains close to its employees.Dupont Traiteur, the event activity of Dupont Restauration, includes the VIP services of sports venues (cocktails, reception, buffet, sit-down meals), the management of the general public sales of some of these sites and thereceptions activity (conventions of businesses, weddings, private events ...) on the Estate.

## Gaelle Lefebvre
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Distillery, Food Processing, Wine And Spirits

Gaelle Lefebvre

## LeadBlock Partners
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series B, Series A
- Focus: Cryptocurrency, Blockchain, Financial Services

LeadBlock Partners is a european venture capital fund investing in B2B blockchain/digital assets solutions. We focus on start-ups solving concrete digitization challenges across industries. At LeadBlock Partners, we invest in Blockchain entrepreneurs building the next phase of the Data Economy. Similarly to how the Internet reinvented the waywe transact goods and services through e-commerce, Blockchain will transform how industries own, share and harness data. Our industry focus includes HealthTech, Food/AgTech, FinTech, PropTech, EnergTech.. All of these fields are facing rising digitization challenges where Blockchain properties have an essential role to play.

## SFPIM
- Type: VC Fund
- Location: Brussel, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Series A
- Focus: Health Care, Therapeutics, Biotechnology

SFPIM investment firm that invests in technology and infrastructure.

## Beyond Impact
- Type: VC Fund
- Location: Montreux, Vaud, Switzerland
- Relevant deals: 1
- Stages: Series A
- Focus: AgTech, Food Processing

Beyond Cruelty seeks a world where animals are no longer exploited by humans in any aspect of society or economic activity.

## The Group Spadel
- Type: VC Fund
- Location: Woluwé-saint-lambert, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Focus: Service Industry, Food and Beverage, Supply Chain Management

Spadel provides throughout the course of life, natural and forever improved answers to your needs for hydration and desires for refreshment.

## Courtside Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Gaming, Sports, Fitness

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

## Coinbase Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

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.

## David Majert
- Type: Angel
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Gaming, FinTech, Blockchain

David Majert is a co-founder and Managing Director of WiNRG GmbH.

## Gogreen Capital
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Series A
- Focus: AgTech, Hardware, Agriculture

GoGreen Capital is a venture capital firm focused on the renewable sector, investing mainly in early-stage companies in Europe and North America.Recently established, GoGreen Capital is based in Brussels, Belgium and leverages a solid track record of investments made by its shareholders in the renewable industry for the last 15 years, notably ina leading solar thermal energy supplier.

## Wim Vernaeve
- Type: Angel
- Location: Ghent, Oost-Vlaanderen, Belgium
- Relevant deals: 1
- Stages: Seed
- Focus: SaaS, CRM, Apps

Wim is a founding partner of Green Park Investment Partners, a private equity investor in the BeNeLux. He also personally invests in early stage startups. Previously he was co-founder of Bragster.com, a social network for daredevils that was sold to Guinness World Records. Before that, he worked in investment banking at Morgan Stanley in London.Wim received a MSc. in Aerospace Engineering.

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