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Top 5 Non Profit Startup Investors in Belgium (May 2026)

The most active venture capital funds and angel investors investing in Belgium Non Profit startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Non Profit startup companies. Find investors to raise a Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Finance.Brussels
VC Fund
1 Belgium, France Seed, Series A Software, CleanTech, Information Technology $1.5M–$5.4M
Klass Capital
VC Fund
1 Canada, United States, Belgium Seed, Series A Software, SaaS, Enterprise Software $1M–$4.7M
Scale II
VC Fund
1 Belgium, France Series A Internet, Security, Wellness $3.2M–$3.3M
Theodorus III
VC Fund
1 Belgium, Canada, France Seed, Series A Health Care, Life Science, Medical $2.1M–$11M
Marcel Hermann
Angel
1 Belgium Series A Security, Non Profit, Association
Access all 7 investors in Belgium Non Profit startups.

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Investor list

Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Non Profit 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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Klass Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in Belgium Non Profit startups

We acquire high quality and mission-critical software businesses with great people.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Series A
  • Geography: Canada, United States, Belgium

Investor stats

  • Total investments: 28
  • Round size: Seed $1M–$4.7M; Series A $1M–$3M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2012

Portfolio highlights

  • Wonderflow — Wonderflow is a platform that turns the Voice of the Customer into winning decisions. Millions of product reviews are written every day. Wonderflow is the simplest AI-based solution to analyze them and turn this extremely vast stream of customer feedback into winning decisions.Wonderflow's unified VoC analytics help B2C companies extractvalue from consumer feedback like online reviews, support center records, and NPS. Its AI analyzes the Voice of Customers from all over the world, both from your buyers and your competitors'. The Natural Language Processing (NLP) technology then provides you with easy-to-digest insights, not complicated procedures, so that everyone in your company can access the best information in seconds.
  • Coconut Software — Coconut Software provides digital scheduling solutions to empower financial organizations to create holistic customer experiences across all touchpoints.
  • Manifest Climate — Manifest Climate: Building Climate Confidence & Navigating Risks through Reporting & Disclosure. Achieve Net Zero for your Business with our expert solutions.
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Scale II
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Non Profit startups

ScaleFund is a post-business angel, pre-venture capital/corporate partnership fund operating across Belgium.

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Investment focus

  • Industry: Internet, Security, Wellness
  • Stage:Series A
  • Geography: Belgium, France

Investor stats

  • Total investments: 3
  • Round size: Series A $3.2M–$3.3M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $8M in 2019

Portfolio highlights

  • Kaspard — Kaspard is a non-intrusive system that provides more security to residents while respecting their privacy.
  • moonbird — HealthTech, Mindfulness, Hardware, Better breathing
  • Jeudimerci — JeudiMerci is a marketing platform that enables users to send physical items as easily as an email. It creates a B2B customer experience by seizing every opportunity to create a link with prospects and customers. Its Direct Mail service allows them to trigger the sending of gifts automatically, at key stages of the customer journey.The companywas founded in 2019 and is headquartered in Paris, France.
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Theodorus III
VC Fund · 1 investments in Belgium Non Profit startups

Theodorus is the spin-off fund of Université Libre de Bruxelles that invests ininvest in early stage projects based on proprietary disruptive technologies.

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Investment focus

  • Industry: Health Care, Life Science, Medical
  • Stage:Seed, Series A
  • Geography: Belgium, Canada, France

Investor stats

  • Total investments: 13
  • Round size: Seed $3.6M–$11M; Series A $2.1M–$6.4M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • DrugBank — DrugBank augments human intelligence to improve the world’s health. Our suite of products are powered by the world’s most complete and up-to-date pharmaceutical knowledge database. It includes everything there is to know about drugs and how they work in the body. We enable companies to improve healthcare delivery through precision medicine orclinical software applications, as well as uncover insights through data science in drug discovery. Our knowledge base can be integrated into software solutions to help achieve clinical intelligence. Companies can easily scale their usage through our API and launch faster with flexible data modules. By providing users with advanced insights and the right information at the right time, users are empowered to make better health decisions.Our extensive, structured datasets are used to discover novel drug candidates, identify drug repurposing opportunities, and build predictive machine learning models. Companies working with data science can find answers quickly and get drugs to market faster with our evidence-based drug information. Lastly, our publicly available resource, DrugBank Online, is free-to-use with limited datasets available for download for academic and non-commercial researchers. DrugBank has been cited in over 13,000 academic publications and is used by millions of researchers and health professionals globally.
  • HypnoVR — HypnoVR is a virtual reality software for anesthesia, treatment of pain, and anxiety. It was founded in 2016 and is based in Strasbourg, France.
  • Cascador Health — Cascador Health bridges the gap between sources and users of healthcare data. Using curated, validated and anonymized RWD allows healthcare providers and life science industry to gain insights and provide better care.
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Marcel Hermann
Angel · Paris, Ile-de-France, France · 1 investments in Belgium Non Profit startups

Marcel Hermann

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Investment focus

  • Industry: Security, Non Profit, Association
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Kaspard — Kaspard is a non-intrusive system that provides more security to residents while respecting their privacy.
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Non Profit Investor funding in Belgium at a glance

Stats across 3 deals from 7 investors.

7
investors
in Belgium Non Profit startups
3
deals
in Belgium Non Profit startups
$3.3M
median round
in Belgium Non Profit startups
29%
lead investors
lead at least one round
67%
Series A
most common funding stage
71/29
VC / Angel
share of investor count

Access all 7 investors in Belgium Non Profit startups.

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