# Top 40 Medical Device VC (Venture Capital) Funds in Belgium in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| S.R.I.W. | 5 | Belgium, United States, Spain | Series A, Series B | Health Care, Biotechnology, Manufacturing |
| Meusinvest (Noshaq) | 4 | Belgium, France, Germany | Seed, Series A | Health Care, Biotechnology, Medical |
| PMV | 4 | Belgium, The Netherlands, United States | Series A, Seed | Software, Biotechnology, Health Care |
| Capricorn Partners | 4 | Belgium, United States, The Netherlands | Series B, Series A | Biotechnology, Health Care, Software |
| Newton Biocapital | 3 | Belgium, Japan, France | Series A, Seed | Biotechnology, Medical, Health Care |
| WING by Digital Wallonia | 3 | Belgium | Seed, Convertible Note, Series A | Software, Health Care, Internet |
| Namur Invest | 3 | Belgium | Series A, Seed | Health Care, Medical Device, Auctions |
| Kurma Partners | 2 | France, Spain, Switzerland | Series A, Seed, Series B | Health Care, Biotechnology, Medical |
| Qbic Fund | 2 | Belgium | Seed, Series A | Biotechnology, Software, Health Care |
| Vives Louvain Technology Fund | 2 | Belgium, France, United States | Series A, Series B | Health Care, Biotechnology, Medical |
| Theodorus III | 2 | Belgium, Canada, France | Seed, Series A | Health Care, Life Science, Medical |
| Spinventure | 2 | Belgium | Series A | Health Care, Biotechnology, Medical |
| Sambrinvest | 2 | Belgium, France, Spain | Seed, Series A, Series B | Biotechnology, Health Care, Information Technology |
| Spreds | 2 | Belgium, France | Series A, Seed, Series B | Health Care, Information Technology, Food and Beverage |
| GoBeyond | 2 | Switzerland, Germany, United Kingdom | Seed, Series A | Information Technology, Medical, Software |
| Inventures SA | 2 | Belgium, France, United Kingdom | Series A, Seed | Health Care, Manufacturing, Biotechnology |
| New Science Ventures | 2 | United States, United Kingdom, Belgium | Series B, Series A, Series D | Biotechnology, Health Care, Therapeutics |
| Sofinex | 1 | Belgium | Series A | Wellness, Lifestyle, Health Care |
| Nausicaa Ventures | 1 | Belgium | Series B | Software, CRM, Big Data |
| Financière Spin-Off Luxembourgeoise | 1 | Belgium | Series A | Medical, Health Care, Medical Device |
| Parana Management | 1 | Belgium | Series A, Series B | Medical, Diabetes, Health Care |
| Omega Funds | 1 | United States, Switzerland, United Kingdom | Series B, Series A, Series C | Biotechnology, Health Care, Therapeutics |
| Boehringer Ingelheim Venture Fund | 1 | United States, Germany, Belgium | Series A, Series B, Seed | Biotechnology, Health Care, Therapeutics |
| SoFi | 1 | Belgium, Brazil, United States | Series A, Seed | Apps, Biotechnology, Information Technology |
| Thuja Capital | 1 | The Netherlands, Belgium, United States | Series A, Seed | Biotechnology, Medical, Health Care |
| EQT life science | 1 | United States, The Netherlands, Switzerland | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |
| Delta Partners | 1 | Ireland, United States, United Kingdom | Seed, Series A | Software, Information Technology, Health Care |
| Earlybird Venture Capital | 1 | Germany, United States, United Kingdom | Series A, Seed, Series B | Software, Information Technology, Health Care |
| New Rhein | 1 | United States, Israel, Belgium | Series A, Series B, Seed | Medical, Biotechnology, Health Care |
| Carevolution | 1 | Belgium, United States | Seed | Health Care, mHealth, Therapeutics |
| White Fund | 1 | Belgium | Seed, Series A, Series B | Health Care, Medical, Medical Device |
| SFPI-FPIM | 1 | Belgium, United States, France | Series B, Series A | Health Care, Biotechnology, Medical |
| TheClubDeal | 1 | Belgium, France | Series A, Series B, Seed | Health Care, Biotechnology, Information Technology |
| LeanSquare | 1 | Belgium, France, United States | Seed, Series A | Software, Music, Internet |
| Fidimec | 1 | Belgium | Series A, Seed | Industrial, Semiconductor, Medical |
| Invest Mons Borinage Centre | 1 | Belgium | Series A | Training, Wellness, Lifestyle |
| Sensinnovat | 1 | Belgium | Series A, Series B | Medical, Diabetes, Health Care |
| EIC Fund | 1 | Germany | Seed |  |
| Lumiares | 1 | Belgium | Pre-Seed | Software, Health Care, Manufacturing |
| Manuardeo | 1 | Belgium | Series A, Series B | Medical, Diabetes, Health Care |

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