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Top 20 Retail Startup Investors in Belgium (May 2026)

The most active venture capital funds and angel investors investing in Belgium Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Belgium Retail startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Limburgse Reconversie Maatschappij
VC Fund
3 Belgium, United States, The Netherlands Series A, Seed Information Technology, Software, Biotechnology $482k–$11M
PMV
VC Fund
2 Belgium, The Netherlands, United States Series A, Seed Software, Biotechnology, Health Care $500k–$26M
Toon Coppens
Angel
2 Belgium, United States Seed, Pre-Seed, Angel SaaS, Sales Automation, Artificial Intelligence $375k–$1.8M
ETF Partners
VC Fund
1 United Kingdom, France, Norway Series B, Series A Software, Renewable Energy, Information Technology $5.4M–$13M
Jos B. Peeters
Angel
1 Belgium Series A Retail, FinTech, Stock Exchanges
Korys
VC Fund
1 Belgium, The Netherlands, India Series A, Series B Biotechnology, Information Technology, E-Commerce $4.6M–$21M
Jonas Dhaenens
Angel
1 Belgium Seed, Angel, Series A Software, SaaS, Enterprise Software
Boris Bogaert
Angel
1 Belgium, United Kingdom, United States Seed, Pre-Seed Software, FinTech, Enterprise Software $130k–$1.2M
Spreds
VC Fund
1 Belgium, France Series A, Seed, Series B Health Care, Information Technology, Food and Beverage $161k–$2.5M
Force Over Mass Capital
VC Fund
1 United Kingdom, United States, Germany Seed, Series A Software, Information Technology, FinTech $328k–$18M
Optiver
VC Fund
1 United States, Belgium, The Netherlands Series A, Series C FinTech, Stock Exchanges, Trading Platform $3.5M–$35M
KPN Ventures
VC Fund
1 The Netherlands, Belgium, Germany Series A, Series B, Seed Software, Internet of Things, Information Technology $214k–$10M
Vendis Capital
VC Fund
1 The Netherlands, Belgium, France Private Equity Retail, E-Commerce, Manufacturing
BNP Paribas Fortis
VC Fund
1 Belgium, United States, Germany Debt Financing, Series B Biotechnology, Logistics, Software $9.6M–$2B
The Craftory
VC Fund
1 United States, United Kingdom, Chile Series B, Series A Consumer Goods, Health Care, Retail $10M–$60M
Wim Derkinderen
Angel
1 Belgium, Spain, United States Seed, Pre-Seed, Angel Software, Information Technology, SaaS $130k–$1.8M
Lorenz Bogaert
Angel
1 Belgium, United Kingdom, United States Seed, Pre-Seed, Angel SaaS, Software, Artificial Intelligence $107k–$2.1M
LeanSquare
VC Fund
1 Belgium, France, United States Seed, Series A Software, Music, Internet $200k–$11M
ING Group
VC Fund
1 United Kingdom, Belgium, United States Debt Financing, Series B FinTech, Renewable Energy, Energy $15M–$1.6B
Angelwise
VC Fund
1 Belgium, The Netherlands Seed, Series A Software, SaaS, Data Integration
Access all 28 investors in Belgium Retail startups.

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

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Investor list

Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 3 investments in Belgium Retail 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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PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Belgium Retail 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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Toon Coppens
Angel · Gent, Oost-Vlaanderen, Belgium · 2 investments in Belgium Retail startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Bizzy — All up-to-date information you need for the most transparent & reliable view on your business world.
  • Accurat — Accurat provides real-word shopper insights to support retail decision making with unprecedented accuracy. Our proprietary technology, platform and algorithms understand behaviour in high detail.
  • StarApps — StarApps is a boutique venture builder, turning game-changing ideas into breakthrough companies, managed by rockstar entrepreneurs.
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ETF Partners
VC Fund · London, England, United Kingdom · 1 investments in Belgium Retail startups, 12 in the past 12 months

ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Its funds come from institutional investors, global corporations, and family offices. The firm creates value by investing in and supporting great European companies that deliver Sustainability Through Innovation.

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Investment focus

  • Industry: Software, Renewable Energy, Information Technology
  • Stage:Series B, Series A
  • Geography: United Kingdom, France, Norway

Investor stats

  • Total investments: 71
  • Round size: Series A $6M–$13M; Series B $5.4M–$11M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Zeelo — Travel to major events, festivals, cities and many more in comfy coaches with Zeelo. Book your seat now.
  • Open Cosmos — Driven by the vision of making space accessible to anyone, Open Cosmos provides simple and affordable space missions.Open Cosmos went from design to delivery of qb01, their first nanosatellite, in only four months, followed by a launch and deployment in LEO early April 2017. They are currently working with innovative payload developers towardsin-orbit demonstration and constellation deployment to enable services ranging from remote sensing to maritime domain awareness and machine-to-machine communications.
  • Eagle Genomics — Unlocking radical innovation by enabling the conversation between microbiome data and the scientist
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Jos B. Peeters
Angel · Leuven, Vlaams-Brabant, Belgium · 1 investments in Belgium Retail startups

Has a PhD in Solid State Physics from the University of Leuven. He worked at Bell Telephone Manufacturing Cy, PA Technology and BeneVent Management, before starting Capricorn Venture Partners.

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Investment focus

  • Industry: Retail, FinTech, Stock Exchanges
  • Stage:Series A
  • Geography: Belgium

Investor stats

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

Portfolio highlights

  • Equiduct — Equiduct is a trading platform offering premium Best Execution services and a lit central limit order book.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 1 investments in Belgium Retail startups

Korys is the name chosen by the Colruyt family for their investment structure. The name Korys is derived from the Latin word for hazelnut tree – Corylus - which is at the origin of the Colruyt name.Their multi-disciplinary approach enables us to create a well-balanced, diversified portfolio of listed stocks and bonds, private equity funds, anddirect participations in small and medium-sized companies. Through their investments, they aim to make a positive impact on people and the planet, while generating attractive returns. A “three P” approach (People, Planet, Profit) forms the cornerstone of their investment strategy. They invest for the long term, as they realize that it takes time to achieve the sustainable impact they are aiming for. They focus their investments in sectors in which they have built substantial expertise as a team: Cleantech, consumer goods & retail and life sciences.

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Investment focus

  • Industry: Biotechnology, Information Technology, E-Commerce
  • Stage:Series A, Series B
  • Geography: Belgium, The Netherlands, India

Investor stats

  • Total investments: 13
  • Round size: Series A $4.6M–$11M; Series B $6.4M–$21M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • reMYND — Driving the development of disease-modifying treatments
  • Sahyadri Farms — Sahyadri Farms is a farmer producer and agricultural company.
  • Eneida — Operational Analytics LV Apps, software and smart sensor for LV Network Monitoring, Control, and Visibility
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Jonas Dhaenens
Angel · Gent, Oost-Vlaanderen, Belgium · 1 investments in Belgium Retail startups

Jonas Dhaenens - Group CEO @ team.blue Denmark

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Investment focus

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

Investor stats

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

Portfolio highlights

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

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Oper — Oper is the mortgage platform that helps lenders and brokers digitise and streamline their mortgage distribution.
  • Cardify — Cardify redefines the way the fastest growing companies enable their sales team to deliver a more effective and personalized buyer/seller experience. The company was founded in 2019 and headquartered in Oost-Vlaanderen, Belgium.
  • Hotel Manager — Hotel Manager is the platform for delivering modern experiences to guests, wherever they are. Launch and build your hotel app in no time and manage your growth easily. All in one platform with zero technical knowledge required.
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Spreds
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Retail startups

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

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Investment focus

  • Industry: Health Care, Information Technology, Food and Beverage
  • Stage:Series A, Seed, Series B
  • Geography: Belgium, France

Investor stats

  • Total investments: 14
  • Round size: Seed $161k–$1.3M; Series A $241k–$2.5M; Series B $161k–$672k
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Opinum — What is Opinum Data Hub? Our Data Hub is a secured Cloud-based platform that allows energy and environmental actors to centralise, enhance, analyse, and share data.
  • Digiteal — Digiteal offers a wide range of services for e-invoice presentment, electronic payments and open banking.
  • NietsCo — NietsCo. is the home of Botaniets Gin 0.0%, a leading selection of alcohol-free products, carefully distributed to the world's best restaurants, concept stores, shops and consumers.
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Force Over Mass Capital
VC Fund · London, England, United Kingdom · 1 investments in Belgium Retail startups, 9 in the past 12 months

Force Over mass are reinventing Venture Capital. With over a decade of experience in investing in innovation we are at the forefront of innovation. Introducing FOM 2.0, an unprecedented fund that combines unparalleled liquidity with uncompromised privacy. This unique initiative emphasizes complete transparency and aims to empower our entrepreneurs for success. With expertise in both technology and finance, we comprehensively grasp the complexities of the private markets, enabling us to innovate collaboratively. FOM 2.0 is poised to deliver on its promises of transparency, liquidity, and control.

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Investment focus

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

Investor stats

  • Total investments: 149
  • Round size: Seed $328k–$3M; Series A $2.5M–$18M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Barte — VBarte is a benchmark for B2B interactions. They designed it to automate payment procedures in Latin America. They optimize cash flow management for small and midsize enterprises through automated payments and revenue-based financing, enabling users to get easy access to financial metrics and credit payments.
  • CUR8 — Even if we do everything else right on reducing emissions, the world still needs to remove up to 220 Gigatonnes of carbon from the atmosphere by 2050
  • SuperFi — SuperFi Finance is a financial application that provides personalized debt support. The company was founded in 2021 and is based in London, England.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Optiver
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Retail startups

As a global market maker, Optiver works to make the world's markets fairer, more transparent and more efficient for everyone.

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Investment focus

  • Industry: FinTech, Stock Exchanges, Trading Platform
  • Stage:Series A, Series C
  • Geography: United States, Belgium, The Netherlands

Investor stats

  • Total investments: 5
  • Round size: Series A $3.5M–$35M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Auros — We develop world class technology to implement arbitrage and other trading strategies within the crypto space.
  • Paradigm — Paradigm is the largest institutional liquidity network in crypto. Trade large and complex BTC and ETH derivatives settled at any venue, all with zero fees!
  • Sk3w Technologies — Sk3w Technologies specializes in providing exchange access solutions.
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KPN Ventures
VC Fund · Rotterdam, Zuid-Holland, The Netherlands · 1 investments in Belgium Retail startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Minut — Minut keeps your home safe and your neighbors happy while respecting your guests' privacy. Monitor noise and occupancy, secure your home, and enhance guest experience. Only Minut gives you the full insight you need to protect your homes, all in one single sensor.
  • Qollabi — Make partner and account plans work with Qollabi BRM (Business Relationship Management) for professionals managing indirect sales channels like agents, branches, distributors, dealers, brokers, resellers etc.
  • CensorNet — CensorNet can help your organisation manage the rise of cloud applications in an increasingly mobile world. Our solutions let you see, control and protect all internet activity and the use of cloud applications across all devices. We protect your users, whether they are in the office or on the road.With this protection, you can embrace cloudapplications, safely implement BYOD initiatives and control shadow IT.
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Vendis Capital
VC Fund · Diegem, Vlaams-Brabant, Belgium · 1 investments in Belgium Retail startups

Vendis Capital is an independent private equity firm that focuses on building and investing in small- to medium-sized branded consumer companies in Europe. Its flexible capital structure includes both development capital and buyout capital.Vendis Capital supports entrepreneurs and their companies through various stages of development. It helpsits clients in establishing strategic roadmaps, planning and facilitating management additions, evaluating and executing acquisitions, and establishing proper monitoring and reporting tools.Vendis Capital was founded in 2009 and is headquartered in Diegem, Vlaams-Brabant.

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Investment focus

  • Industry: Retail, E-Commerce, Manufacturing
  • Stage:Private Equity
  • Geography: The Netherlands, Belgium, France

Investor stats

  • Total investments: 11
  • Lead/follow: 91% lead, 9% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Sylphar — Karo Healthcare offers a portfolio of everyday healthcare products and services that help prevent illness and treat health problems.
  • Kamera Express — Kamera Express - De Kamera Superstore voor Foto, Video, Objectieven, Lenzen, Accessoires en toebehoren, Studio en Licht, Verrekijkers, Telescopen, Computer, Media en meer
  • Pink Gellac — Pink Gellac is a digital native and direct-to-consumer premium nail polish brand with a distinctive colour offering. Pink Gellac is known for its distinctive on-trend colour offering and its salon-like quality.
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BNP Paribas Fortis
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Belgium Retail startups

BNP Paribas Fortis is a bank that provides personal and business banking services.

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Investment focus

  • Industry: Biotechnology, Logistics, Software
  • Stage:Debt Financing, Series B
  • Geography: Belgium, United States, Germany

Investor stats

  • Total investments: 19
  • Round size: Series B $9.6M–$17M; Debt Financing $100M–$2B
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Aircastle — Aircastle is a global company that acquires, leases and sells high-utility commercial jet aircraft to customers throughout the world. High-utility aircraft are generally modern, operationally efficient jets with a large operator base and long useful lives. As of December 31, 2013, Aircastle's aircraft portfolio consisted of 162 aircraft onlease with 64 customers located in 37 countries. From time to time, we also make investments in other aviation assets, including debt securities secured by commercial jet aircraft.Their business is managed by a team of aviation professionals with extensive industry experience. Through servicing offices in the US, Ireland and Singapore, they provide their airline customers with an exceptional level of service and their investors with global coverage and local market knowledge. Aircastle employs a balanced approach to investment and capitalization, factoring in industry cyclicality and other global and regional market dynamics. They focus on a long-term investment horizon. Their diversified fleet includes Boeing and Airbus narrow and mid-body aircraft including both passenger and freighter applications. Their professionals have extensive experience with aircraft finance, leasing and investment management.
  • MobieTrain — The mobile microlearning platform of Mobietrain improves knowledge retention with personalised, gamified learning to boost your sales.
  • Global Infrastructure Partners (GIP) — A leading global, independent infrastructure fund manager.
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The Craftory
VC Fund · London, England, United Kingdom · 1 investments in Belgium Retail startups

The alternative growth equity and consumer venture capital fund based in London and San Francisco. We invest in consumer brands with a positive social impact. We are Cause Capital.

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Investment focus

  • Industry: Consumer Goods, Health Care, Retail
  • Stage:Series B, Series A
  • Geography: United States, United Kingdom, Chile

Investor stats

  • Total investments: 18
  • Round size: Series A $10M–$60M; Series B $18M–$50M
  • Lead/follow: 72% lead, 28% follow

Portfolio highlights

  • Moss.Earth — Meet the Climate tech that connects you and your company to innovative environmental solutions through blockchain technology.
  • Edgard & Cooper — Edgard & Cooper offers foods for dogs and cats made with natural and nutritious ingredients. Their products are made with fresh meat and simple ingredients making it more balanced than over-processed pet food. Edgard & Cooper was founded in 2014 by Louis Chalabi and Jürgen Degrande and is headquartered in Kortrijk, Belgium.
  • NotCo — We are reinventing the foods we love to eat! Same great flavor, but made from plants. Meet the future of food. Why not?
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Wim Derkinderen
Angel · Antwerp, Antwerpen, Belgium · 1 investments in Belgium Retail startups

Wim Derkinderen is the Founder, Director, and Board member of FixForm.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Belgium, Spain, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $1.1M–$1.8M; Pre-Seed $130k–$439k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Qollabi — Make partner and account plans work with Qollabi BRM (Business Relationship Management) for professionals managing indirect sales channels like agents, branches, distributors, dealers, brokers, resellers etc.
  • RiftPay — Banking and finance done with others. Introducing a social banking, finance, and mobile payment platform. The financial industry is designed to cater to the individual. RiftPay puts groups first, making us truly unique.
  • 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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Lorenz Bogaert
Angel · Gent, Oost-Vlaanderen, Belgium · 1 investments in Belgium Retail startups

Lorenz Bogaert is the Founder and Director of FixForm.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Tribboo — Project management platform for construction SMEs
  • Bizzy — All up-to-date information you need for the most transparent & reliable view on your business world.
  • Maison Sport — Maison Sport has been created by 3 ski instructors, Olly, Nick and Aaron - all of them share a great passion for skiing and the mountains!“At Maison Sport we are making it simple to book Ski and Snowboard instructors online. Our aim is to seamlessly connect people looking for lessons with their ideal instructor, whilst making it easy forinstructors to market themselves, so they can continue to do what they love.Currently in France, our plan is to expand across the rest of the globe, helping the best instructors impart their passion for skiing and snowboarding on likeminded customers.”
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LeanSquare
VC Fund · Liège, Liege, Belgium · 1 investments in Belgium Retail 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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ING Group
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Belgium Retail startups, 20 in the past 12 months

ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services. They serve more than 85 million private, corporate and institutional customers in Europe, North and Latin America, Asia and Australia. They draw on our experience and expertise, their commitment to excellent service andtheir global scale to meet the needs of a broad customer base, comprising individuals, families, small businesses, large corporations, institutions and governments.

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Investment focus

  • Industry: FinTech, Renewable Energy, Energy
  • Stage:Debt Financing, Series B
  • Geography: United Kingdom, Belgium, United States

Investor stats

  • Total investments: 71
  • Round size: Series B $15M–$160M; Debt Financing $25M–$1.6B
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • metrofibre — metrofibre is a fiber-optic network service provider. Its network design is based on point-to-point routing for each household and user. Their projects are financed by private infrastructure investors in the form of public-private partnerships.
  • Quadria Capital — Quadria Capital is a healthcare focused private equity fund that invests in the high growth healthcare sector of some of the world's fastest growing economies in South Asia and Southeast Asia. Quadria Capital aims to generate significant financial returns for its investors by leveraging the team's operational and transactional experiencein healthcare to invest in high quality and scalable healthcare organizations to address the critical and undersupplied healthcare needs in the region.
  • Ashtrom Renewable Energy — Ashtrom Renewable Energy offers breakthrough Israeli innovation alongside the robust financial backing and credibility of Ashtrom Group.
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Angelwise
VC Fund · Hasselt, Limburg, Belgium · 1 investments in Belgium Retail startups, 6 in the past 12 months

Angelwise Vlaams Investeringsfonds

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Investment focus

  • Industry: Software, SaaS, Data Integration
  • Stage:Seed, Series A
  • Geography: Belgium, The Netherlands

Investor stats

  • Total investments: 8
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — fund raised in 2022

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.
  • Azumuta — Azumuta, the #1 industry-leading tool that fully supports operators by centralizing all knowledge, on-the-floor training and communication.
  • Authic Labs — Experience our easy-to-use platform to build NFT marketplaces, launch digital collectibles and design effective customer loyalty programs.
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Retail Investor funding in Belgium at a glance

Stats across 19 deals from 28 investors.

28
investors
in Belgium Retail startups
19
deals
in Belgium Retail startups
$3.5M
median round
in Belgium Retail startups
32%
lead investors
lead at least one round
26%
Series A
most common funding stage
79/21
VC / Angel
share of investor count

Access all 28 investors in Belgium Retail startups.

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