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Top 40 Real Estate VC Funds & Investors in Belgium (May 2026)

The most active venture capital funds investing in Belgium Real Estate startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Real Estate startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Volta Ventures
VC Fund
6 Belgium, The Netherlands, Luxembourg Seed, Series A Software, Information Technology, Artificial Intelligence $482k–$7.5M
Limburgse Reconversie Maatschappij
VC Fund
4 Belgium, United States, The Netherlands Series A, Seed Information Technology, Software, Biotechnology $482k–$11M
S.R.I.W.
VC Fund
4 Belgium, United States, Spain Series A, Series B Health Care, Biotechnology, Manufacturing $402k–$75M
QuaeroQ
VC Fund
3 Belgium Series A GovTech, CivicTech, Communities $750k–$2.1M
Belfius Bank
VC Fund
3 Belgium Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $284k–$7.5M
PMV
VC Fund
3 Belgium, The Netherlands, United States Series A, Seed Software, Biotechnology, Health Care $500k–$26M
XAnge
VC Fund
2 France, Germany, United States Series A, Seed, Series B Software, SaaS, Information Technology $857k–$43M
PROfounders Capital
VC Fund
2 United Kingdom, United States, Finland Seed, Series A, Series B Software, Apps, Travel $750k–$21M
Fortino Capital
VC Fund
2 Belgium, The Netherlands, France Series A, Seed Software, Information Technology, SaaS $1.1M–$40M
Capricorn Partners
VC Fund
2 Belgium, United States, The Netherlands Series B, Series A Biotechnology, Health Care, Software $1.6M–$41M
Green Park Investment Partners
VC Fund
2 Belgium Seed, Series A Information Technology, Real Estate, CRM $536k–$1.1M
QBIC II
VC Fund
2 Belgium Series B, Series A Industrial, Biotechnology, Construction
Terra Drone
VC Fund
2 Belgium Series A, Series B Drones, Robotics, Software
Nuhma
VC Fund
2 Belgium Seed, Series A Battery, Software, GreenTech
Finance.Brussels
VC Fund
2 Belgium, France Seed, Series A Software, CleanTech, Information Technology $1.5M–$5.4M
Matexi
VC Fund
2 Belgium Series A SaaS, CRM, iOS
LeanSquare
VC Fund
2 Belgium, France, United States Seed, Series A Software, Music, Internet $200k–$11M
ABB Technology Ventures
VC Fund
2 United States, United Kingdom, Israel Series B, Series A Software, Energy, Robotics $3M–$106M
Sambrinvest
VC Fund
1 Belgium, France, Spain Seed, Series A, Series B Biotechnology, Health Care, Information Technology $402k–$45M
Fidimec
VC Fund
1 Belgium Series A, Seed Industrial, Semiconductor, Medical
Join
VC Fund
1 Japan, Belgium Series B Drones, Software, Aerospace
Eutopia VC
VC Fund
1 France, Belgium, Denmark Seed, Series A Retail, Food and Beverage, E-Commerce
Join Capital
VC Fund
1 Germany, United Kingdom, Spain Seed, Series A Software, Artificial Intelligence, SaaS $321k–$4.2M
Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund
1 Belgium, Israel, Germany Grant, Pre-Seed, Seed Biotechnology, Health Care, Artificial Intelligence
Pitchdrive
VC Fund
1 Belgium, United Kingdom, The Netherlands Pre-Seed, Seed, Series A Software, SaaS, Information Technology $75k–$2.7M
Apic Investments
VC Fund
1 Germany, Austria, Belgium Series A, Seed Real Estate, Software, Internet of Things
Nivelinvest
VC Fund
1 Belgium, United States Series A, Seed Biotechnology, iOS, Construction $6.4M–$30M
Be Angels
VC Fund
1 Belgium, France, Spain Seed, Pre-Seed Software, Information Technology, SaaS $78k–$903k
Isomer Capital
VC Fund
1 United Kingdom, United States, Austria Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $12k–$45M
Finindus
VC Fund
1 Belgium, Sweden, The Netherlands Series A, Seed Manufacturing, Industrial, Renewable Energy $3.2M–$14M
The Faktory Fund
VC Fund
1 Belgium, France, United States Seed, Pre-Seed Software, Information Technology, Manufacturing
WING by Digital Wallonia
VC Fund
1 Belgium Seed, Convertible Note, Series A Software, Health Care, Internet $214k–$11M
Gimv
VC Fund
1 Belgium, United States, France Series B, Private Equity Biotechnology, Health Care, Medical $6M–$80M
Qbic Fund
VC Fund
1 Belgium Seed, Series A Biotechnology, Software, Health Care $857k–$15M
Otium Capital
VC Fund
1 France, Spain, United States Seed, Series A Software, Internet, E-Commerce $1.2M–$29M
Deparco
VC Fund
1 Belgium Series A Internet, Software, Real Estate
Innogy Venture Capital
VC Fund
1 Germany, Sweden, United States Series A, Series B Energy, CleanTech, Energy Management $2.5M–$7.5M
Aconterra
VC Fund
1 Sweden, Belgium, Germany Seed, Series A SaaS, Artificial Intelligence, Machine Learning $3.1M–$3.2M
Peak
VC Fund
1 The Netherlands, Germany, Belgium Seed, Pre-Seed Software, SaaS, E-Commerce $536k–$3.6M
Seedrs
VC Fund
1 United Kingdom, United States, Portugal Seed, Equity Crowdfunding, Pre-Seed Software, E-Commerce, FinTech $37k–$3.4M
Access all 18 VC funds in Belgium Real Estate startups.

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

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Investor list

Volta Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 6 investments in Belgium Real Estate 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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Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 4 investments in Belgium Real Estate 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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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 4 investments in Belgium Real Estate startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Manufacturing
  • Stage:Series A, Series B
  • Geography: Belgium, United States, Spain

Investor stats

  • Total investments: 109
  • Round size: Series A $402k–$30M; Series B $1.6M–$75M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Univercells — Univercells delivers novel biomanufacturing platforms and solutions aiming at making biologics available & affordable to all.
  • Intressa Vascular — Intressa Vascular SA is a medical device company committed to providing innovative solutions to life-threatening cardiovascular conditions such as aortic dissection
  • 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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QuaeroQ
VC Fund · 3 investments in Belgium Real Estate startups

QuaeroQ is a privately-held investment fund that invests in and supports small and midsize companies in Europe with a long-term approach as an involved minority shareholder with a co-owner mindset and in close relationship with their management. It was founded in 2003 and is headquartered in Waregem, Belgium.

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Investment focus

  • Industry: GovTech, CivicTech, Communities
  • Stage:Series A
  • Geography: Belgium

Investor stats

  • Total investments: 3
  • Round size: Series A $750k–$2.1M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hoplr — Hoplr activates the social capital in your neighbourhood such as material, knowledge, time and infrastructure. Hoplr is a digital participation platform for inclusion, citizen participation and neighbourhood care.
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Belfius Bank
VC Fund · Saint-josse-ten-noode, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Real Estate 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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PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Belgium Real Estate 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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XAnge
VC Fund · Paris, Ile-de-France, France · 2 investments in Belgium Real Estate startups, 10 in the past 12 months

For 20 years, XAnge has been a key venture capital fund in Europe. With 70 startups in its portfolio, XAnge invests early in innovative tech companies.

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Investment focus

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

Investor stats

  • Total investments: 159
  • Round size: Seed $857k–$7.4M; Series A $3M–$15M; Series B $6M–$43M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $236M in 2021

Portfolio highlights

  • Animaj — Explore the future of storytelling where AI meets creativity at Animaj Lab. Join us on a journey to revolutionize kids' entertainment, crafting captivating content that keeps the digital-first generation engaged and inspired.
  • elba — elba is the ultimate experience to secure your team in their daily work.
  • Smart Tribune — Smart-platform is a turnkey solution that allows a company / association / e-merchant to establish a conversational space directly with its user community. Present on the entire site of a company / association / e-merchant Smart Platform will enable to gather opinions, suggestions, problems, praise, and exploit them toimprove service, reduce cost of its customer service and increase its conversion rate. In the trend of Social CRM, Smart -tribune is based on a simple and intuitive interface for its users and allows great mastery thanks to an advertiser perspective administration interface. An effective way to better know your community, your customers in order to better the satisfy.
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PROfounders Capital
VC Fund · London, England, United Kingdom · 2 investments in Belgium Real Estate startups

We are PROfounders. We are the proactive European early-stage venture fund.

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Investment focus

  • Industry: Software, Apps, Travel
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Finland

Investor stats

  • Total investments: 77
  • Round size: Seed $750k–$5.5M; Series A $2.5M–$10M; Series B $3.3M–$21M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2016

Portfolio highlights

  • Smiler — Memorable experiences deserve to be captured in high quality. We make it happen. Valuable memories in high quality, for everyone, everywhere.
  • Bloobirds — We transform Salesforce into an amazing software for sales teams, automating activity recording and tracking, for effortless reporting.
  • Scaleup Finance — Improve your financial management
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Fortino Capital
VC Fund · Zaventem, Vlaams-Brabant, Belgium · 2 investments in Belgium Real Estate 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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Capricorn Partners
VC Fund · Leuven, Vlaams-Brabant, Belgium · 2 investments in Belgium Real Estate startups, 7 in the past 12 months

Capricorn Partners is a unique independent manager of venture capital, growth capital and quoted equity funds

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Investment focus

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

Investor stats

  • Total investments: 98
  • Round size: Series A $1.6M–$11M; Series B $4.5M–$41M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $93M in 2019

Portfolio highlights

  • Chainels — The tenant experience app for every property in your portfolio. Save time, gain insights and collaborate with your tenants all in one place.
  • VoxelSensors — Novel sensor architecture designed for low latency and low power 3D perception.
  • fruitcore robotics — fruitcore robotics is a robotic system that leverages intelligent software and innovative mechatronics.
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Access 48,091 investors

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

Browse database — It's Free!
Green Park Investment Partners
VC Fund · Gent, Oost-Vlaanderen, Belgium · 2 investments in Belgium Real Estate 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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QBIC II
VC Fund · 2 investments in Belgium Real Estate startups

QBIC II

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Investment focus

  • Industry: Industrial, Biotechnology, Construction
  • Stage:Series B, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Sentea — Sentea makes fibre optic Sensing affordable to the industry and enables continuous monitoring even in harsh environments.
  • Aphea.Bio — Aphea.Bio will develop next generation ‘biopesticides’ based on natural microorganisms. These products will provide an alternative for chemical pesticides, which are currently under serious pressure. In addition, the company will develop novel ‘biostimulants’, i.e. microorganisms that stimulate crop growth, for example through promoting the uptakeof nutrients from the soil.
  • EyeD Pharma — EyeD Pharma is a pharmaceutical company dedicated to the development of innovative drug products in ophthalmology. EyeD Pharma focuses on the treatment of glaucoma. Traditionally, glaucoma is treated by administering eye drops every day for the rest of the patient’s life.
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Terra Drone
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Belgium Real Estate startups

Terra Drone Indonesia provides drone services for various industry sector such as mining, construction, oil & gas, energy, and utilities.

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Investment focus

  • Industry: Drones, Robotics, Software
  • Stage:Series A, Series B
  • Geography: Belgium

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Unifly — Drones are changing our world. According to research, the global market for UTM services is estimated to be worth 517 million USD between 2018 and 2022. As the drone industry continues to boom, the number of drones in the air is expected to increase exponentially over the coming years. Left unchecked, these drones present a serious threat to mannedaviation so safe integration of drone traffic with existing manned air traffic is an absolute necessity. Unifly’s award-winning UTM platform is available on the market today as a mature software product that can be configured to suit the stakeholders’ needs. It connects official entities with operators to integrate drones into the airspace safely and securely. The Unifly platform allows drone pilots to check the legal status of their flight and allows authorities to monitor and manage drone traffic in their airspace. Unifly’s (UTM) platform is already in use today by the national authorities of Germany, Denmark, Austria and Belgium. Recognizing the value of collaboration, Unifly is an active participant in several leading European drone projects. Unifly is a global company. It is active in the US (LAANC certified). Unifly also deployed the first UTM system in Africa to support UNICEF’s drone corridor in Malawi. In Asia, the company provides the technical UTM backbone to ensure safe drone flights at the Fukushima Robot Test Field centre. Unifly as a company was founded in 2015 by a number of aerospace experts. Already in 2012, a team of air traffic controllers, pilots and engineers shared a vision of developing a system that would allow them to manage and track the growing number of drones flying in the air and to easily contact the drone operator if needed.
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Nuhma
VC Fund · 2 investments in Belgium Real Estate startups

Namens de Limburgse gemeenten en Laakdal werken we aan duurzaamheid, energie en innovatie via gerichte participaties

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Investment focus

  • Industry: Battery, Software, GreenTech
  • Stage:Seed, Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Solithor — Solithor is a company developing solid-state battery technology. It is spearheading the development, manufacturing, and commercialization of solid-state lithium (Li) battery cell technology to offer high-energy storage solutions.
  • Enervalis — Krijg grip op energiemanagement van woningen met behulp van het Enervalis Home platform. Bekijk ons website en ontdek de mogelijkheden
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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Real Estate 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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Matexi
VC Fund · Antwerpen, Antwerpen, Belgium · 2 investments in Belgium Real Estate startups

Matexi ontwikkelt kwaliteitswoningen, -appartementen en bouwgronden die verrassend veel bieden voor jouw budget.

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Investment focus

  • Industry: SaaS, CRM, iOS
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • APROPLAN — Build faster, safer and smarter with LetsBuild construction management software for snagging, lean planning, site diary, quality and safety needs
  • SweepBright — SweepBright is a new generation CRM for forward looking real estate agencies.
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LeanSquare
VC Fund · Liège, Liege, Belgium · 2 investments in Belgium Real Estate 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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ABB Technology Ventures
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Belgium Real Estate startups

ABB Technology Ventures (ATV) is the strategic venture capital unit of ABB (NYSE: ABB). ATV scouts the globe for breakthrough power and automation technology partners aligned with ABB’s goal to write the future of industrial digitalization. Since its formation in 2009, ATV has invested nearly $200 million into high potential technology companiesspanning a range of sectors including robotics, industrial IoT, machine learning, 3D printing, cybersecurity and distributed energy. Learn more at abb.com/ventures.

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Investment focus

  • Industry: Software, Energy, Robotics
  • Stage:Series B, Series A
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 54
  • Round size: Series A $3M–$8M; Series B $7M–$106M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Tallarna — Accelerate net zero in the built environment. We are a climate tech company for the built environment.
  • ChargeLab — ChargeLab is the Android of EV charging. We don’t build EV chargers, but our hardware-agnostic platform runs on the world’s most popular EV chargers. Once connected, our software makes any EV charger smarter and easier to use.
  • KEY DH Technologies — Unlocking theBusiness of Deuteriumand Hydrogen KEY develops innovation-driven businesses in the deuterium and hydrogen industries, serving global markets.
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Sambrinvest
VC Fund · Gosselies, Hainaut, Belgium · 1 investments in Belgium Real Estate 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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Fidimec
VC Fund · Leuven, Vlaams-Brabant, Belgium · 1 investments in Belgium Real Estate startups

Fidimec is a Belgium-based venture capital firm that offers investment and incubation services for seed stage startups.

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Investment focus

  • Industry: Industrial, Semiconductor, Medical
  • Stage:Series A, Seed
  • Geography: Belgium

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Aloxy — Aloxy offers reliable IIot solutions tailored to the needs of the process industry. Our valve sensor provides an open and close indication of manual valves.
  • Sentea — Sentea makes fibre optic Sensing affordable to the industry and enables continuous monitoring even in harsh environments.
  • MICLEDI Microdisplays — MICLEDI Microdisplays is an experienced executive in the semiconductor industry,
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Join
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Belgium Real Estate startups

JOIN is a new form of infrastructure investment fund that supports Japanese companies engaging in overseas infrastructure projects through the utilization of Japanese knowledge, technology and experience acquired over the long history of their business.

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Investment focus

  • Industry: Drones, Software, Aerospace
  • Stage:Series B
  • Geography: Japan, Belgium

Investor stats

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

Portfolio highlights

  • Unifly — Drones are changing our world. According to research, the global market for UTM services is estimated to be worth 517 million USD between 2018 and 2022. As the drone industry continues to boom, the number of drones in the air is expected to increase exponentially over the coming years. Left unchecked, these drones present a serious threat to mannedaviation so safe integration of drone traffic with existing manned air traffic is an absolute necessity. Unifly’s award-winning UTM platform is available on the market today as a mature software product that can be configured to suit the stakeholders’ needs. It connects official entities with operators to integrate drones into the airspace safely and securely. The Unifly platform allows drone pilots to check the legal status of their flight and allows authorities to monitor and manage drone traffic in their airspace. Unifly’s (UTM) platform is already in use today by the national authorities of Germany, Denmark, Austria and Belgium. Recognizing the value of collaboration, Unifly is an active participant in several leading European drone projects. Unifly is a global company. It is active in the US (LAANC certified). Unifly also deployed the first UTM system in Africa to support UNICEF’s drone corridor in Malawi. In Asia, the company provides the technical UTM backbone to ensure safe drone flights at the Fukushima Robot Test Field centre. Unifly as a company was founded in 2015 by a number of aerospace experts. Already in 2012, a team of air traffic controllers, pilots and engineers shared a vision of developing a system that would allow them to manage and track the growing number of drones flying in the air and to easily contact the drone operator if needed.
  • Terra Drone — Terra Drone Indonesia provides drone services for various industry sector such as mining, construction, oil & gas, energy, and utilities.
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Eutopia VC
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Real Estate startups

Eutopia is a fund for consumer startups. We back founders who are rethinking the way we eat, shop, sleep and feel. We are backing 26 startups

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Investment focus

  • Industry: Retail, Food and Beverage, E-Commerce
  • Stage:Seed, Series A
  • Geography: France, Belgium, Denmark

Investor stats

  • Total investments: 13
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • GOURMEY — We create sustainable cultivated meat delights for an uncompromising and conscious generation.
  • Nous anti-gaspi — We anti-Gapsi is the network of anti-waste food stores. This grocery store project offers producers and manufacturers the opportunity to their downgraded and unsold products at a fair price. They are a qualitative environment, they market products excluded from the usual mass distribution circuits for small defects, physical defects, contract-datenot respected, and end of series. They offer consumers a new mode of consumption that gives priority to common sense and that is at the same time smart, qualitative, and eco-responsible. In their stores, they offer you to find, in a warm atmosphere, a complete choice of food products to save waste: fruits and vegetables, fresh and frozen products, groceries, and even a small bulk section.
  • Peas&Love (Urban farm Company SA) — Our mission is to help cities to become greener, more sustainable, more human. By installing our farms, we provide eco-systemic services to cities, improving their quality of life and creating social interactions. We want to extent our farms, and from there become the urban farming glocal leader; delivering a positive and healthy experience thatwill dramatically improve our clients lives.
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Join Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Belgium Real Estate startups

JOIN Capital is an early stage VC focused on pre-Series A investments in Industry 4.0 and enterprise tech. Our portfolio companies are front and center at factories, delivering smart machinery and robotics for high-volume manufacturing. They’re behind the scenes with powerful algorithms for managing global production systems. They rethink andrewire essential processes, with the goal of maximizing human capabilities. We invest in technologies related to core business functions: operations, manufacturing, data analytics, supply chain and software development. We seek innovative solutions to real customer problems that have achieved product-market fit. Technologies we invest in include: machine learning, robotics, cloud computing, IoT, smart sensors.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A
  • Geography: Germany, United Kingdom, Spain

Investor stats

  • Total investments: 32
  • Round size: Seed $321k–$4.2M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • NEWTWEN — We develop software that generates real-time embedded digital twin solutions for model predictive control and diagnostics of electromechanical systems, enhancing performance, longevity, and reliability. In essence, our toolchain creates a precise digital replica of a physical device, such as an electric motor or generator, in order to accuratelymodel the electrodynamic and thermodynamic behavior of the system across a wide range of operating conditions. We then apply our proprietary mathematical approach to exponentially reduce the computational complexity of this model—so much so, in fact, that our digital twin can be integrated into the device itself to compute in real-time, “on-chip,” as part of an amazingly fast and accurate firmware solution. By accurately predicting temperatures and other critical system parameters thousands of times per second, our Digital Twin On-Chip solutions not only provide unprecedented insight for real-time control techniques to enhance system performance, but also pave the way for data-as-a-service capabilities such as predictive maintenance, monitoring of component aging, and anomaly detection.
  • Modelwise — Seamlessly integrated software from modelwise for automated failure analysis. Faster Analyses. Zero Defects. More Savings.
  • YapıRadar.com — YapıRadar.com is an online market place created for the exchange of goods and services between suppliers and contractors. It includes information on Project Authority, Stage Information of Construction, Project and Current Site Images, Location, Construction Area. YapıRadar.com was founded in 2018 and is based in Istanbul.
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Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Real Estate startups

Basic and applied research fund of the Flemish regional government in Belgium

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Investment focus

  • Industry: Biotechnology, Health Care, Artificial Intelligence
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Belgium, Israel, Germany

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • WeHave — A GDPR-compliant data-sharing solution that gives eCommerce stores access to accurate customer data for personalization, from the very first interaction. Personalization boosts user experience, conversion and lowers the CAC. At the same time we enable consumers to regain control of their data. WeHave solves the personalization - privacy paradox.
  • 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.
  • Gorilla — We empower Energy Retailers in pricing, forecasting and reporting with data-driven solutions in boosting speed and flexibility.
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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Real Estate 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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Apic Investments
VC Fund · Berlin, Berlin, Germany · 1 investments in Belgium Real Estate startups

Apic Investments is an early-stage focused Venture Capital, investing in PropTech and RetailTech companies. Apic Investments' goal is to help build start-ups and to accelerate their business models with capital, industry expertise, and a network.

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Investment focus

  • Industry: Real Estate, Software, Internet of Things
  • Stage:Series A, Seed
  • Geography: Germany, Austria, Belgium

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

Portfolio highlights

  • Cosuno — Cosunos vision is to connect all players of the construction industry, transforming their collaboration to drive efficiency through software and best customer experience.Cosuno is evaluating how general contractors, property developers and architects can master the challenges posed by high process costs and a lack of transparency in theprocurement of subcontractors. And this is just the beginning. Cosuno is constantly driving change in the construction industry with innovative methods and digital processes by developing and continuously improving simple and transparent solutions.
  • Evernest — Evernest has developed a technology platform for real estate agents to make the entire process of residential real estate transactions more efficient. With the help of its full-service brokerage platform, smart marketing services and digitized support processes, Evernest offers a transparent and personalized experience for agents as well asproperty buyers and sellers. Founded in late 2019, currently more than 100 people are working for Evernest in Hamburg and Berlin, Germany.
  • Storebox — Storebox is the first fully digitized self-storage solution in Europe, with more than 140 locations in Austria, Germany, Switzerland and Luxembourg. We offer storage spaces for private and business purposes, which are automatically accessible at any time. With our successful and recently awarded franchise system, we manage to grow and will continueto expand within Europe.Storebox is more than just a self-storage system. FULL-SERVICE CLICK & COLLECT Click & Collect directly in your neighbourhood? Storebox allows you to quickly and easily expand the Click & Collect offer for your customers to new districts, cities and countries. We coordinate the transport and customer communication for you.MICRO-HUBS FOR THE LAST MILE Use central warehouse locations in urban areas as a starting point for the last mile. Storebox as a micro-depot offers you the fastest way to your customers, allowing you to save time, money and emissions. Customer proximity and responsiveness through local storage: Benefit from our strategically positioned storage units and serve the needs of your customers as quickly as possible. At the same time, you can reduce unnecessarily driven kilometres by your employees in the field and thus save time and money.SPARE PARTS WAREHOUSE FOR SERVICE TECHNICIANS With Storebox you can store spare parts and goods directly where they will be used. In this way, you are in close proximity to the customer and save yourself long travel times for collecting the materials from a central warehouse. Create more efficiency by receiving deliveries of goods 24/7 directly to the Storebox and returning them if necessary.
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Nivelinvest
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 1 investments in Belgium Real Estate startups

Nivelinvest is a venture capital firm based in Belgium that finances seed stage investments of Small and Medium Enterprises.

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Investment focus

  • Industry: Biotechnology, iOS, Construction
  • Stage:Series A, Seed
  • Geography: Belgium, United States

Investor stats

  • Total investments: 5
  • Round size: Series A $6.4M–$30M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CluePoints — CluePoints' Risk-Based Quality Management (RBQM) Software illuminates risks that could compromise patient safety, and enables compliance with ICH E6 (R2).
  • A-Mansia Biotech — A-Mansia Biotech is a developer of products based on the properties of the Akkermansia muciniphila (A. muciniphila) bacterium. The company's nutritional supplement based on a gut bacterium called Akkermansia, the population of microorganisms housed in the gastrointestinal tract. A. muciniphila is located in the mucus layer covering theintestinal epithelium, which allows the bacterium to establish a close cross-talk with the host.
  • Novadip Biosciences — Novadip Biosciences, an advanced biopharmaceutical company focused on new generation of therapies from adipose stem cells adapted to hard and soft tissues reconstruction.
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Be Angels
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium · 1 investments in Belgium Real Estate 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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Isomer Capital
VC Fund · London, England, United Kingdom · 1 investments in Belgium Real Estate startups

Isomer's entrepreneurial approach accesses high-potential opportunities through limited partner investments in funds, company co-investments, and providing liquidity to firms and founders via secondary purchases.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Austria

Investor stats

  • Total investments: 27
  • Round size: Seed $12k–$1.4M; Series A $4.4M–$10M; Series B $15M–$45M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Automata — Automata is a deep-tech company that creates products that empower people to automate physical work. The company's product, Eva, is a lightweight and affordable robot arm built for professionals in a production line, in a lab, a home workshop or even in a classroom. People don't need to be technical experts to communicate with robots. Theweb-based software platform can be programmed by anyone, anywhere, any time, from any device, making it easy to reconfigure for a wide range of different tasks.Automata was founded on 2015 and is headquartered in London, England.
  • Entrepreneur First — We are the best place for the world's most ambitious talent to come together and build game-changing technology startups from scratch.
  • Hepster — hepster, die Onlineversicherung, flexibel, sicher und immer 100% digital.
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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 1 investments in Belgium Real Estate startups

Finindus provides early stage financing and growth capital to innovative companies active in the area of materials, material processing and sustainable manufacturing. We are funded by ArcelorMittal and the Flemish Region and linked to OCAS, the world class metals research center located in Belgium.

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Investment focus

  • Industry: Manufacturing, Industrial, Renewable Energy
  • Stage:Series A, Seed
  • Geography: Belgium, Sweden, The Netherlands

Investor stats

  • Total investments: 21
  • Round size: Series A $3.2M–$14M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Kraftblock — Kraftblock is a high-efficiency, high-temperature heat storage system designed to decarbonize power generation and industrial processes.
  • Viking Analytics AB — Understand operational behavior and prioritize machines that need attention. Say goodbye to false alarms with Viking Analytics technology.
  • Tau Group — E-mobility is powered by its core - the electric motor. We at Tau are at the very core of the core: the copper winding wire, the magnetic core, the electrical steel.We just make it bet.
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The Faktory Fund
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Real Estate startups

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.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Pre-Seed
  • Geography: Belgium, France, United States

Investor stats

  • Total investments: 20
  • Lead/follow: 10% lead, 90% 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.
  • Zozio — Zozio provides logistic flow optimization, stock optimization, workplace environment, sustainable production, track, and trace services.
  • MyCellHub — MyCellHub.com is a pre-startup from the KULeuven in the biotherapeutics industry that aspires to reform the way cell production processes are organised. With a regulatory compliant Saas-platform for data management and analytics, we increase the efficiency of your manufacturing processes, provide actionable insights via cell culture specificprocess analytics and facilitate regulatory compliance by means of a real-time audit trail and automated batch records.
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WING by Digital Wallonia
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Real Estate 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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Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 1 investments in Belgium Real Estate startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

The Qbic Fund is a multi-sector fund supporting spin-off companies of the Ghent, Brussels and Antwerp university associations and of VITO. Through its strategic partnership with the universities of Ghent, Brussels and Antwerp, and VITO, the Qbic Fund has early and privileged access to promising research projects at these partner universities. Ourinvestment approach is based on early in-depth and independent review and analysis followed by hands on involvement and support.In May 2012 the Qbic Fund held its first close and currently it has over € 30 million under management. The Qbic Fund is backed by several public and private investors and managed by Qbic Venture Partners.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Seed, Series A
  • Geography: Belgium

Investor stats

  • Total investments: 37
  • Round size: Seed $1.3M–$5.4M; Series A $857k–$15M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • VoxelSensors — Novel sensor architecture designed for low latency and low power 3D perception.
  • Morrow Optics — Looking for the next big thing in eyewear technology? Check out Morrow's electrified progressives, also known as autofocals! These innovative glasses switch focus length with a touch of button, providing you with seamless vision from near to far. Learn more about this technology on Morrow's website.
  • Swave Photonics — Our mission is to bring the metaverse to life and enable display manufacturers and content creators to disrupt the visualization market with immersive, ultra-high-resolution, lifelike, true holographic displays.
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Otium Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Belgium Real Estate startups, 10 in the past 12 months

In 2015, two independant investment teams were created in Paris inside Otium Capital, Pierre-Edouard Stérin's family office:* Otium Venture, focused on Seed investments in Tech companies (€40m invested in 14 companies among which Payfit, Doctrine, Owkin...)* Otium Brands, focused on Seed & Series A investments in Consumer GoodscompaniesIn 2019, the two teams spun off to become independant investment firms:* Otium Venture became frst* Otium Brands became Eutopia

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Seed $1.2M–$7.5M; Series A $1.5M–$29M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Giftory — We at Giftory think that the best presents are experiences rather than goods. That is why we developed a system that makes it simple to locate, choose, and provide unique experiences that will build memories that will last a lifetime. Your purchase now, and they book later!
  • Hyppo — Hyppo leverages technology and Artificial Intelligence to democratize access to these sophisticated and little-known financial alternatives. They have surrounded themselves with real estate and financial engineering experts in order to develop novel solutions and market mortgage products in collaboration with banking partners.
  • Portlogics — Portlogics provides standardised and advanced digital management systems and connects stakeholders through IT technology for imports and exports in order to become a top-tier digital System Provider in the global logistics industry.
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Deparco
VC Fund · 1 investments in Belgium Real Estate startups

The Deparco team is managing and supporting the investments of Bruno Denys. We have over 20 years of experience in partnering with companies for the long run and in developing real estate. Our dedicated team is made up of professionals who are looking to partner with hard-working, visionary entrepreneurs.

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Investment focus

  • Industry: Internet, Software, Real Estate
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Zapfloor — Zapfloor is the number one workspace management software for coworking spaces, serviced offices and corporate workspaces in Europe.
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Innogy Venture Capital
VC Fund · Essen, Nordrhein-Westfalen, Germany · 1 investments in Belgium Real Estate startups

Innogy Venture Capital is a fund management company in distributed energy solutions. The company focuses on investments in European startup companies that provide solutions and new business models shaping the future energy market. With a final closing size of EUR 115 million, the currently managed "Innogy Renewables Technology Fund I" isa leading early stage investor in this segment in Europe. The fund's sponsors are RWE Innogy and CEE Holding. RWE Innogy pools within the German utility RWE the expertise for construction and operation of renewable energy generation assets. CEE Holding is an investment company of Bankhaus Lampe Group, focusing on renewable energy generation.

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Investment focus

  • Industry: Energy, CleanTech, Energy Management
  • Stage:Series A, Series B
  • Geography: Germany, Sweden, United States

Investor stats

  • Total investments: 17
  • Round size: Series A $2.5M–$7.5M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $123M in 2010

Portfolio highlights

  • Enercast — enercast is a leading technology provider for applied artificial intelligence and the digital transformation of renewable energy, delivering power forecasts to customers worldwide. We thus support plant and grid operators, TSOs, DSOs, independent power producers, utilities and energy traders with their operations, direct marketing, power purchase agreements, load forecasting, price forecasting or scheduling of renewable power.
  • Heliatek — As the technology leader in organic photovoltaics, Heliatek develops, produces and distributes industrial-grade organic PV solar solutions for virtually any building surface (horizontal, vertical, curved, rigid, and flexible). Heliatek stands for energy solutions designed for various traditional and never been possible before applications based onits unique features – it is ultra-light, flexible and truly green. HeliaSol® is a ready-to-use solution, ideal for retrofitting on existing building structures. HeliaFilm® is tailor-made solar film for companies in the building and construction material industry, to integrate into their façade or roof system products. Heliatek currently employs about 160 people at the Dresden and Ulm locations in Germany.The Free State of Saxony, the Federal Republic of Germany, and the European Union funded research and development, as well as the installation of the production technology.
  • eSmart Systems — ESmart Systems provides AI-driven software solutions to the energy industry and service providers. The company is based on more than 20 years of international experience in establishing and operating knowledge based, leading IT and energy related companies targeting global markets.The company provides software solutions to the energy industry andservice providers. Its cloud-born platform is designed to handle and exploit the Internet of Things, Big Data and Analytics in real-time. Common to all applications is vast data quantities gathered from sensors, which are analyzed using advanced prediction and optimization models. This results in completely new ways of visualizing data, making decisions and saving resources and costs. The platform is designed for Big Data from the ground up without legacy.eSmart Systems originates from the renowned IFE environment (Institute for Energy Technology). The company was founded in 2012 by an experienced team previously responsible for large IT service exports including delivery of the world's first power exchange to Nord Pool, the Nordic Power Exchange, in 1991. Since 2012 the company has grown rapidly and currently consists of almost 80 employees with offices in Norway, Denmark, the UK, and USA.
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Aconterra
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Real Estate startups

Aconterra invests in startups and scale-ups active in technologies, platforms, processes and applications, contributing to smart homes and buildings and connecting people and personnel, other IoT driven equipment, installations and other buildings.The target companies also aim to minimize the ecological impact by making homes and buildings moreefficient. Sustainability & energy efficiency is one of our key drivers.Target companies operate on the intersection of IoT, data science, artificial intelligence and sensor technology.

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Investment focus

  • Industry: SaaS, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A
  • Geography: Sweden, Belgium, Germany

Investor stats

  • Total investments: 4
  • Round size: Series A $3.1M–$3.2M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Chainels — The tenant experience app for every property in your portfolio. Save time, gain insights and collaborate with your tenants all in one place.
  • Sensative — Sensative is a leading supplier of IoT solutions for Smart Cities, Buildings, and Homes.
  • Basking.io — Basking.io is an AI & WiFi-based workplace occupancy analytics solution for enterprise companies, enabling real-time attendance monitoring, safety compliance and portfolio optimization insights.Basking takes less than 2 hours to connect to multiple offices, delivers top ROI in portfolio scale deployments, and is privacy-protective by design.It's used by Fortune 500 companies across North America, LATAM, EMEA and APAC. Basking's partners include Colliers International, Cisco, Comfy Siemens, HP and Extreme Networks.
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Peak
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Real Estate startups, 15 in the past 12 months

We're the early-stage venture capital fund backed 100% by founders. Pre-Seed and Series A for SaaS, Marketplaces & Platforms.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: The Netherlands, Germany, Belgium

Investor stats

  • Total investments: 75
  • Round size: Seed $536k–$3.6M; Pre-Seed $536k–$2.6M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Enersee — Optimize energy utilization with our AI-driven platform designed for energy managers. Detect issues, identify improvement areas, and make informed decisions with real-time insights to increase efficiency and reduce waste.
  • Helio — Accept decentralised crypto payments across Solana, Ethereum and Polygon for your NFT sales, e-commerce, subscriptions & more!
  • Neople — Every employee deserves an assistant. Meet the Neople, and increase your productivity simply by starting a conversation with them. Trained on your documents, available in your pocket.
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Seedrs
VC Fund · London, England, United Kingdom · 1 investments in Belgium Real Estate startups, 6 in the past 12 months

Online investing opportunities in the best new startup businesses, and raise seed and angel investment, with top European equity crowdfunding site Seedrs.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Equity Crowdfunding, Pre-Seed
  • Geography: United Kingdom, United States, Portugal

Investor stats

  • Total investments: 162
  • Round size: Seed $37k–$1.7M; Pre-Seed $37k–$465k; Equity Crowdfunding $145k–$3.4M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • Shoorah — Shoorah is a fresh and comprehensive wellbeing app that helps you support your mental health and nourish your wellbeing.
  • Taylor & Hart — Taylor & Hart's mission is to create and deliver engagement rings that allow people to truly express themselves in a way that captures the emotions they feel for each other.- Offering over 100,000 ethically sourced GIA graded diamonds to choose from.- Winner of "Best New Jeweler 2014" and nominated for numerous otherawards.- Crowd-fundeded through Seedrs twice raising over $500,000- Notable mentions in the Telegraph, Guardian, Elle, Glamour, Forbes, FT- Customer rating of over 9.6/10 from over 120 reviews.- Team members based in London, UK and Sofia, Bulgaria- Transacted over $2m over the last 12 months.- Set a pink diamond on the inside of every ring as a trademark
  • Splint Invest — Splint Invest is a B2B2C platform, where customers can buy tokens of alternative investments. Combining smart contracts, DLT and AI, we tokenize real-world assets effortless and fully automated.
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Real Estate VC funding in Belgium at a glance

Stats across 19 deals from 18 investors.

18
investors
in Belgium Real Estate startups
19
deals
in Belgium Real Estate startups
$1.4M
median round
in Belgium Real Estate startups
56%
lead investors
lead at least one round
47%
Seed
most common funding stage

Access all 18 VC funds in Belgium Real Estate startups.

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