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Top 40 Sustainability VC (Venture Capital) Funds in Belgium in October 2023

A list of 40 VC (Venture Capital) funds that invest in Sustainability startups based in Belgium. We rank investors based on the number of investments they made in Sustainability companies from Belgium. We update this investor list every month.

Top 40 Sustainability VC (Venture Capital) Funds in Belgium in October 2023

Investor Sustainability Belgium investments
Limburgse Reconversie Maatschappij 6
Innovation Fund 5
Meusinvest (Noshaq) 3
Gemma Frisius Fund 3
Gimv 3
Qbic Fund 2
Elia System Operator 2
LeanSquare 2
PMV 2
ABB Technology Ventures 2
QBIC II 2
Finance.Brussels 2
Flanders Innovation and Entrepreneurship (VLAIO) 2
Nuhma 2
PMV Tina Fund 1
The Faktory Fund 1
Finindus 1
Capricorn Partners 1
Nivelinvest 1
H&M Foundation - Global Change Award 1
European Union 1
Innogy Venture Capital 1
AXE Investments N.V. 1
Apic Investments 1
Creos Luxembourg 1
AMAVI Capital 1
DDM Holding AG 1
Ventech 1
Delaware 1
Wallonie Entreprendre 1
S.R.I.W. 1
Inventures SA 1
Gesval 1
Otium Capital 1
Lean FUND 1
Korys 1
Kima Ventures 1
Alychlo 1
Airborn 1
General Motors Ventures 1

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Investor list
Limburgse Reconversie Maatschappij
VC Fund · Hasselt, Limburg, Belgium · 2 investments in the past 12 months

Oxygen for growth - LRM

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Investment focus

  • Information Technology, Software, Biotechnology
  • Funding Round, Series A, Seed
  • Belgium, United States, The Netherlands

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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Innovation Fund
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium

Chemical, Advanced Materials, Cosmetics, Recycling, CleanTech, Plastics and Rubber Manufacturing, Nanotechnology, Biosciences

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Investment focus

  • Health Care, Manufacturing, Software
  • Seed, Funding Round, Series A
  • Belgium, France, Luxembourg

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.
  • Graftys — Graftys, an Aix-en-Provence, France-based early stage company focused on advanced bone biologics.
  • SENSE in — SENSE in manufactures monitoring solutions based on thermomechanical sensors sensitive to deformation, pressure, temperature, humidity, and more. Their solutions evaluate in real time or periodically the expected characteristics and alert on abnormal behavior, threshold overruns, and damage.
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Meusinvest (Noshaq)
VC Fund · Liège, Liege, Belgium · 10 investments in the past 12 months

Noshaq offers financial services to help businesses develop.

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Investment focus

  • Health Care, Biotechnology, Medical
  • Seed, Series A, Funding Round
  • Belgium, France, Germany

Portfolio highlights

  • Axithra — Saving lives and improving health economics through significant advancement of therapeutic drug monitoring (TDM).
  • RISORCE — RISORCE fills a need in Belgium for local solutions for processing tire waste while remaining dedicated to a circular economy strategy. We provide a regionally-based, technologically and environmentally sound solution.
  • Allegro Biotech — Allegro has developed the world’s-first custom-tailored, durable, biocompatible, anisotropic, regenerative meniscus cartilage, providing immediate support while also leverage the body’s own healing potential to regenerate human cartilage (proliferation and differentiation of fibrochondrocyte cells).
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Gemma Frisius Fund
VC Fund · Leuven, Vlaams-Brabant, Belgium · 3 investments in the past 12 months

Gemma Frisius Fund KU Leuven is a seed capital fund that aims to stimulate the creation and growth of university related spin-off companies.

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Investment focus

  • Biotechnology, Health Care, Therapeutics
  • Seed, Series B, Series A
  • Belgium, France

Portfolio highlights

  • DName-iT — DName-iT is a genetic analysis tool that offers DNA-based barcode labeling technology and a software platform that can ensure reliable, cost-effective NGS specimen identification.
  • 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.
  • Rewind Therapeutics — Rewind Therapeutics is a developer of novel therapeutics intended to facilitate the treatment for neurological diseases.The company's first-in-class remyelinating therapeutics block inhibitory signals that prevent the expansion and migration of oligodendrocyte stem cells in order to promote effective remyelination, enabling medicalpractitioners to treat patients suffering from multiple sclerosis and other myelin-related diseases with efficacy.
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Gimv
VC Fund · Antwerpen, Antwerpen, Belgium · 5 investments in the past 12 months

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

  • Biotechnology, Health Care, Medical
  • Series B, Funding Round, Private Equity
  • Belgium, United States, France

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 · 2 investments in the past 12 months

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

  • Biotechnology, Software, Health Care
  • Seed, Funding Round, Series A
  • Belgium

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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Elia System Operator
VC Fund · Brunelles, Centre, France · 1 investment in the past 12 months

With a reliability level of 99.999 percent, Elia Group provides society with a robust electricity grid. We operate an electricity transmission system with voltage levels between 30 and 400 kilovolt (kV), and 50Hertz transports electricity over high-voltage levels of 150, 220 and 380 kilovolts (kV).

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Investment focus

  • Energy, Solar, Software
  • Seed, Series A, Private Equity
  • Belgium, Germany, Macedonia

Portfolio highlights

  • Enervalis — Krijg grip op energiemanagement van woningen met behulp van het Enervalis Home platform. Bekijk ons website en ontdek de mogelijkheden
  • re.alto energy — Connect to energy data and digital products via APIs. Simple API solutions for the European energy sector.
  • AE Solar Horizon — AE Solar Horizon operates as a manufacture of solar PV panels.
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LeanSquare
VC Fund · Liège, Liege, Belgium · 2 investments in the past 12 months

New Economy Startups Investor & Accelerator

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Investment focus

  • Software, Music, Internet
  • Seed, Funding Round, Series A
  • Belgium, France, United States

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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PMV
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 7 investments in the past 12 months

Do and dare company

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Investment focus

  • Software, Biotechnology, Health Care
  • Series A, Seed, Funding Round
  • Belgium, The Netherlands, United States

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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ABB Technology Ventures
VC Fund · Zürich, Zurich, Switzerland · 1 investment in the past 12 months

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

  • Software, Energy, Robotics
  • Series B, Series A, Funding Round
  • United States, United Kingdom, Israel

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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QBIC II
VC Fund

QBIC II

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Investment focus

  • Industrial, Biotechnology, Construction
  • Funding Round, Series B, Series A
  • Belgium

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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Finance.Brussels
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 7 investments in the past 12 months

Regional Investment Company of Brussels

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Investment focus

  • Software, CleanTech, Information Technology
  • Funding Round, Seed, Series A
  • Belgium, France

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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Flanders Innovation and Entrepreneurship (VLAIO)
VC Fund · Brussel, Brussels Hoofdstedelijk Gewest, Belgium · 5 investments in the past 12 months

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

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Investment focus

  • Biotechnology, Health Care, Artificial Intelligence
  • Grant, Pre-Seed, Seed
  • Belgium, Israel, Germany

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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Nuhma
VC Fund

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

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Investment focus

  • Battery, Software, GreenTech
  • Seed, Series A, Funding Round
  • Belgium

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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PMV Tina Fund
VC Fund

PMV Tina Fund is a venture capital firm that specializes in growth capital investments.

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Investment focus

  • Manufacturing, Eyewear, Printing
  • Series A, Series D, Series E
  • Belgium, Switzerland, The Netherlands

Portfolio highlights

  • Borit — Borit delivers components for fuel cells and electrolyzes. By developing a production infrastructure of ultra-thin metal bipolar plate assemblies and by providing metal forming, cutting, welding, coating, and sealing, they contribute to the clean energy economy.
  • Biocartis — Biocartis SA, a molecular diagnostics company, develops diagnostics technology platform for multiplexed detection of bio-analytes. It focuses on integrated molecular and immunodiagnostics based on its proprietary micro-technology platform. The company develops and licenses a series of technologies to build a diagnostics platform for multiplexeddetection, quantification, and amplification of bio-analytes, including proteins, nucleic acids, and small molecules. Its products are used for various applications, including analysis of bio-molecules associated with risks factors, early detection, staging, treatment selection, and monitoring of a disease. Biocartis SA was founded in 2007 and is based in Lausanne, Switzerland.
  • Luxexcel — Luxexcel is the only company in the world with the technology to 3D print lenses. Luxexcel is on a path to open a new era in eyewear with custom quality prescription lenses. And opening up a new vision on smart eyewear by enabling technology partners to develop unique lenses. Luxexcel has developed and owns all components necessary to enable ourcustomers to 3D print optics: hardware, software, process and materials
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The Faktory Fund
VC Fund · Liège, Liege, Belgium · 2 investments in the past 12 months

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

  • Software, Information Technology, Manufacturing
  • Seed, Funding Round, Pre-Seed
  • Belgium, France, United States

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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Finindus
VC Fund · Zelzate, Oost-Vlaanderen, Belgium · 5 investments in the past 12 months

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

  • Manufacturing, Industrial, Renewable Energy
  • Funding Round, Series A, Seed
  • Belgium, Sweden, The Netherlands

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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Capricorn Partners
VC Fund · Leuven, Vlaams-Brabant, Belgium · 7 investments 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

  • Biotechnology, Health Care, Software
  • Funding Round, Series B, Series A
  • Belgium, United States, The Netherlands

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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Nivelinvest
VC Fund · Louvain-la-neuve, Vlaams-Brabant, Belgium

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

  • Biotechnology, iOS, Construction
  • Series A, Seed, Funding Round
  • Belgium, United States

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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H&M Foundation - Global Change Award
VC Fund

Award for fashion start-ups

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Investment focus

  • Fashion, CleanTech, GreenTech
  • Pre-Seed
  • Belgium

Portfolio highlights

  • Resortecs — Resortecs is an award-winning start-up that develops heat-dissolvable stitching threads and thermal disassembly systems that make textile recycling easy.
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European Union
VC Fund

The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe.

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Investment focus

  • Fashion, CleanTech, GreenTech
  • Pre-Seed
  • Belgium

Portfolio highlights

  • Resortecs — Resortecs is an award-winning start-up that develops heat-dissolvable stitching threads and thermal disassembly systems that make textile recycling easy.
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Innogy Venture Capital
VC Fund · Essen, Nordrhein-Westfalen, Germany

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

  • Energy, CleanTech, Energy Management
  • Funding Round, Series A, Series B
  • Germany, Sweden, United States

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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AXE Investments N.V.
VC Fund · Antwerp, Antwerpen, Belgium

AXE Investments is a joint venture between the holding companies Anacom and Ackermans & van Haaren and is part of the AXE Group

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Investment focus

  • Energy, Recycling, Clean Energy
  • Funding Round
  • Belgium

Portfolio highlights

  • REstore — REstore is the award-winning energy technology company, specialized in Demand Side Management and leading the fast-growing European Primary Reserve / Frequency control market, and operates in all ancillary services and capacity markets in France, UK, Germany and Benelux. FlexPond™. REstore's AI-platform, is used by +150 of the largestC&I consumers and the largest top 50-utilities. FlexTreo™, offered to large C&I consumers, is REstore's latest solution to monetise flexibility.
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Apic Investments
VC Fund · Berlin, Berlin, Germany

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

  • Real Estate, Software, Internet of Things
  • Series A, Seed, Funding Round
  • Germany, Austria, Belgium

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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Creos Luxembourg
VC Fund · Luxembourg, Luxembourg, Luxembourg

Creos Luxembourg is the operator of electricity networks and natural gas pipes in Luxembourg.

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Investment focus

  • Renewable Energy, Intelligent Systems, Electrical Distribution
  • Funding Round
  • Belgium

Portfolio highlights

  • Ampacimon — Ampacimon develops dynamic line rating systems for transmission and distribution systems operators. Ampacimon’s products address grid infrastructure challenges such as aging assets, transmissions congestion, renewable integration, interconnectors.
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AMAVI Capital
VC Fund · 1 investment in the past 12 months

AMAVI is an independent and dedicated Pan-European investor established to support growth of the leading and most promising companies active in the PropTech industry, with a geographical focus on the Benelux, Nordics, Germany, Switzerland and France. AMAVI aims to create a bridge between the traditional real estate industry on the one hand and themost groundbreaking European PropTech companies on the other hand, by leveraging on its combined expertise and network from the real estate, technology and private equity industry. AMAVI partners with the world-shapers, creating companies that radically change the places we live, work and relax in today.

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Investment focus

  • Information Technology, Real Estate, Software
  • Series A, Funding Round
  • France, Finland, Germany

Portfolio highlights

  • Leko Labs — LEKO LABS is accelerating the global transition to carbon negative construction with building materials powered by AI optimisation and robotic manufacturing.
  • nami — nami is an Artificial Intelligence of Things company. Transform smart devices and systems into intelligent ones for Security, Energy-Saving and Health Care.
  • Heimkapital — Heimkapital is a real estate platform that allows homeowners to tap into their home equity to address their important financing needs.
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DDM Holding AG
VC Fund · Baar, Zug, Switzerland · 1 investment in the past 12 months

DDM Holding AG acquires and manages distressed asset portfolios with a focus on non-performing loans in Eastern Europe.

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Investment focus

  • Waste Management, Information Services, Supply Chain Management
  • Pre-Seed
  • Belgium

Portfolio highlights

  • 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!
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Ventech
VC Fund · Paris, Ile-de-France, France · 6 investments in the past 12 months

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

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Investment focus

  • Software, E-Commerce, Biotechnology
  • Series A, Series B, Funding Round
  • France, Germany, United States

Portfolio highlights

  • Treon — The foundation for massive IoT
  • Prewave — Supplier monitoring for purchasing, supply chain management and sustainability managers.
  • Microoled — Our best technology is vision. Designing the future of microdisplay applications. Our proprietary AMOLED technology elevates near-eye displays to the next level with optimal picture resolution, image brightness, and power con-sumption efficiency.
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Delaware
VC Fund · Gent, Oost-Vlaanderen, Belgium · 1 investment in the past 12 months

IT consultancy, System Integrator, Change Management, Professional Services

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Investment focus

  • Waste Management, Information Services, Supply Chain Management
  • Pre-Seed
  • Belgium

Portfolio highlights

  • 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!
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Wallonie Entreprendre
VC Fund · 3 investments in the past 12 months

Your partner ! WE is Wallonia's economic and financial tool at the service of businesses. We provide the means necessary for the development of activity in all sectors. Our investments and financing respond to a logic of creation, growth, transmission or relaunch of companies. We ensure compliance with social and environmental standards.

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Investment focus

  • Health Care, Biotechnology, Health Diagnostics
  • Seed
  • Belgium

Portfolio highlights

  • Axithra — Saving lives and improving health economics through significant advancement of therapeutic drug monitoring (TDM).
  • RISORCE — RISORCE fills a need in Belgium for local solutions for processing tire waste while remaining dedicated to a circular economy strategy. We provide a regionally-based, technologically and environmentally sound solution.
  • AbolerIS Pharma — AbolerIS Pharma aims to develop novel and unique therapeutic approaches to induce immune tolerance.
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S.R.I.W.
VC Fund · Liège, Liege, Belgium · 4 investments in the past 12 months

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

  • Health Care, Biotechnology, Manufacturing
  • Funding Round, Series A, Series B
  • Belgium, United States, Spain

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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Inventures SA
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investment in the past 12 months

Inventures is a European venture capital fund that builds a better world through a portfolio of investments in sustainable businesses.The firm has two funds: Inventures I & Inventures II.Inventures was created to support early stage smart and innovative European businesses, to support sustainable job growth and empower entrepreneurs.Inventures empowers citizenship co-investments through a crowdfunding platform, MyMicroInvest.

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Investment focus

  • Health Care, Manufacturing, Biotechnology
  • Series A, Seed, Funding Round
  • Belgium, France, United Kingdom

Portfolio highlights

  • BiOceanOr — BiOceanOr provides underwater weather stations to measure water quality. Their solutions provide informations from your exploitation in real-time. Receive alerts in real-time and take decisions with their preventive alert system.
  • myskillcamp — Myskillcamp is a digital learning platform and educational design support service. Myskillcamp supports their customers in the digital transformation of their company and the launch of their Digital Learning project. From the audit of needs to the design of engaging educational devices, through a pilot phase, they make a point of honor to adapt thedigital to the specificities of each and give it meaning.With their online platform, businesses can manage their learner communities and connect all their partners in one place. Their tool also allows businesses to structure training spaces by skills, trades, brands within camps. In parallel, businesses can create educational content from scratch, select a map in their marketplace, or plan sessions in-class. Businesses can organize the distribution of their training to a single learner or to a whole group.
  • Octave — A sustainable, cost-effective and reliable energy storage system with second-life batteries from electric vehicles.
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Gesval
VC Fund

A limited company of the University of Liège (ULiege).

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Investment focus

  • Medical, Software, Wellness
  • Seed, Funding Round
  • Belgium

Portfolio highlights

  • Phasya — Phasya offers solutions for detecting drowsiness and measuring eye movements. These solutions are based on eye tracking technologies using eye images. Phasya also develops solutions for detecting various physiological and cognitive states such as stress, attention, cognitive load, and mind wandering.Phasya solutions can be used in variousapplications such as safety, medical diagnosis, and research. We have notably specific solutions and developments for driver monitoring applications.Indeed physiological and cognitive states such as drowsiness influence the ability of an individual to perform a task or to make a decision. Furthermore the measurement of ocular parameters enables one to understand the brain activity and gaze behavior.
  • Ampacimon — Ampacimon develops dynamic line rating systems for transmission and distribution systems operators. Ampacimon’s products address grid infrastructure challenges such as aging assets, transmissions congestion, renewable integration, interconnectors.
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Otium Capital
VC Fund · Paris, Ile-de-France, France · 10 investments 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

  • Software, Internet, E-Commerce
  • Seed, Series A, Funding Round
  • France, Spain, United States

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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Lean FUND
VC Fund · Louvain, Vlaams-Brabant, Belgium

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

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Investment focus

  • Internet, Apps, Software
  • Seed, Series B
  • Belgium, United States, France

Portfolio highlights

  • Neveo — With one click, send photos and messages on a family newspaper that your senior will receive every month.
  • Supersec — Good to eat, good to think: discover the Supersec organic, healthy, artisanal and sustainable food treats available in bulk delivery!
  • Sortlist — Discover the most relevant agencies for your project based on your own specific requirements.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 1 investment in the past 12 months

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

  • Biotechnology, Information Technology, E-Commerce
  • Series A, Series B, Funding Round
  • Belgium, The Netherlands, India

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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Kima Ventures
VC Fund · Paris, Ile-de-France, France · 46 investments in the past 12 months

Kima Ventures is one of the world's most active early-stage investors, investing in 2 to 3 startups per week all over the world; providing founders with funding, network, and support for them to reach the next steps of their journey.The firm invests from seed to Series A, mostly as lead investor but also working alongside other investors;backing ambitious founders who work hard to build awesome things that more and more people use everyday. The company helps them to build a great team, to learn very quickly, to keep the right focus and execute towards growth.Kima takes pride of itself in working side-by-side with entrepreneurs. They claim to understand that fundraising is only one step in the company’s journey, that’s why they take quick decisions and make the fundraising process as smooth as possible so the founders can get back to the work of building their business. Kima considers itself not only an investor, but a network of founders and experts sharing a pay it forward mindset.Headquartered in Paris with an office in London, the company was founded and backed by Xavier Niel, founder of Iliad and supporter of entrepreneurs through such projects as 42, Station F and 101projets. Over the last 5 years Kima has invested in over 400 startups in 24 different countries.

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Investment focus

  • Software, E-Commerce, SaaS
  • Seed, Pre-Seed, Series A
  • France, United States, United Kingdom

Portfolio highlights

  • Fairlyne — Fairlyne is a software company that specializes in resale SaaS for travel brands. The company was founded in 2021 and is based in Paris, France.
  • Depot — The fastest place to build Docker images.
  • finres — Understand, Evaluate and Invest to Become Resilient to a Changing Climate. With finres, access the latest science, state-of-the-art decision-making methods and big data to transform your vulnerabilities into opportunities.
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Alychlo
VC Fund

Alychlo

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Investment focus

  • CRM, Life Science, Artificial Intelligence
  • Funding Round, Series D, Series E
  • Belgium, United States

Portfolio highlights

  • Lizy — Goedkoper tweedehands leasen. LIZY is uw referentieplatform voor onmiddellijk beschikbare autoleasing. | Lize Leasing
  • Itineris — Our cloud-based solution is built on the Microsoft Dynamics 365 platform and is specifically designed to meet the needs of Utility businesses.
  • SOPHiA GENETICS — We help generate insights from digital health data to improve scientific outcomes.
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Airborn
VC Fund · Antwerp, Antwerpen, Belgium · 1 investment in the past 12 months

Airborn fund is investing in founders with impact

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Investment focus

  • Waste Management, Information Services, Supply Chain Management
  • Pre-Seed
  • Belgium

Portfolio highlights

  • 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!
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General Motors Ventures
VC Fund · Warren, Michigan, United States · 1 investment in the past 12 months

GM Ventures combines investing in automotive-related tech startups with General Motors support to drive innovation and advance the future of mobility.

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Investment focus

  • Automotive, Software, Energy
  • Funding Round, Series A, Series B
  • United States, Canada, Israel

Portfolio highlights

  • GeoPura — GeoPura supply renewable energy & EV charging, & emission-free electricity. Green hydrogen fuel cell technology in partnership with Siemens.
  • OneD Battery Sciences — OneD Battery Sciences helps our partners make broad-scale EV adoption a reality.
  • Wind Catching Systems — Wind Catching Systems is developing the Windcatcher - a floating wind concept with a potential to reduce the LCoE of floating wind by focusing on standardization, scalability, improved opetations and acreage efficiency. Maximise energy yield, efficient operations and maintenance, integrated turbine
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