# Top 50 Transportation Startup Investors in Belgium in May 2026

## PMV
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 7
- Stages: Series A, Seed
- Focus: Software, Biotechnology, Health Care

Do and dare company

## HCVC
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Manufacturing

HCVC is an early-stage Venture Capital firm backing hardtech companies worldwide. Beyond its fund, HCVC supports hardtech founders through Hardware Club, a selective global community of 500+ startups with dedicated resources, partnerships and events.

## Thibaud Elziere
- Type: Angel
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Internet, SaaS

Thibaud Elzière is the Founder at Efounders.

## Limburgse Reconversie Maatschappij
- Type: VC Fund
- Location: Hasselt, Limburg, Belgium
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Information Technology, Software, Biotechnology

Oxygen for growth - LRM

## BNP Paribas Fortis
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 3
- Stages: Debt Financing, Series B
- Focus: Biotechnology, Logistics, Software

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

## Belfius Bank
- Type: VC Fund
- Location: Saint-josse-ten-noode, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Artificial Intelligence

A for-profit PLC founded to meet local authority needs.

## SPDG
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Series B, Seed, Series A
- Focus: Consumer Electronics, Automotive, Autonomous Vehicles

SPDG is a single family office representing the Périer-D'Ieteren branch. It co-controls the D’Ieteren Group, together with the other D'Ieteren family members. Since 1805, the Group has developed strong brands mainly in the automotive industry: D'Ieteren Auto, the leading importer of Volkswagen brands in Belgium, and Belron, theglobal leader in vehicle glass repair and replacement. Next to its role as a major shareholder of D'Ieteren, SPDG has developed its investing activities to drive innovation and generate lasting impact in road mobility & smart cities.

## Harold Mechelynck
- Type: Angel
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: FinTech, Finance, SaaS

Harold Mechelynck is Founder at Ogone.

## Meusinvest (Noshaq)
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Health Care, Biotechnology, Medical

Noshaq offers financial services to help businesses develop.

## Bertrand Jelensperger
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series A, Angel
- Focus: E-Commerce, Apps, Organic Food

Bertrand Jelensperger is the Co-Founder and Advisory Board at TheFork.

## Fred Potter
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Artificial Intelligence, SaaS, Software

Engineer from Telecom ParisTech and holder of a PHD in Microelectronics, Fred is a passionate entrepreneur who has been reinventing objects we use in our everyday lives for over 20 years.
In 1999, he started CIRPACK, a telecommunications supplier, later bought by TECHNICOLOR; and WITHINGS, sold to NOKIA, before creating NETATMO in 2011.
His vision:a company where every employee knows how the business and projects grow and where daily life is driven by a strong sense of innovation, empowerment, hard work and sharing.

## Francis Nappez
- Type: Angel
- Location: Paris, Ile-de-France, France
- Relevant deals: 2
- Stages: Seed, Angel, Series A
- Focus: Software, Internet, SaaS

Francis leads the technical and product evolution of BlaBlaCar and has been instrumental in building the platform since 2006, allowing it to grow from hosting a few thousand members to millions today. He knows how to turn ambitious ideas into reality, and believes in building robust solutions which can adapt to fast growth and stay relevant for thelong-term. Francis cares about building agile cross-functional teams across locations to deliver efficiently on ambitious objectives. Pragmatic and result-oriented, he is driven by the opportunity to create disruptive solutions which better the user experience. Before joining BlaBlaCar, Francis led major technical developments for big names in European consumer internet which drove impactful disruptions in their respective sectors, including Free and Meetic. Francis holds a degree in Technology and Communications Research from the Joseph Fourier University. Find him @fnapz.

## Index Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Internet

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

## Fortino Capital
- Type: VC Fund
- Location: Zaventem, Vlaams-Brabant, Belgium
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Information Technology, SaaS

We partner with exceptional B2B Software entrepreneurs across Northwestern Europe.

## Michel Akkermans
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: FinTech, Financial Services, Finance

Michel Akkermans is the Chairman and CEO of Pamica NV. Attended University of Leuven.

## Newion
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, SaaS, Information Technology

Newion is a venture capital firm focused on early-stage investments in B2B software companies. Its mission is to support entrepreneurs in building software companies into category leaders that create sustainable impact, and in doing so generate excellent returns to its investors.

## Buysse & Partners
- Type: VC Fund
- Location: Antwerpen, Antwerpen, Belgium
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Cloud Computing, FinTech

Buysse and Partners is a private equity investment group based in Antwerpen that offers smart equity, a growth fund, and partnerships.

## SFPI-FPIM
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: Health Care, Biotechnology, Medical

The Federal Holding and Investment Company (SFPI-FPIM) centrally manages the federal government’s shareholdings, cooperates with the government on specific projects and pursues its own investment policy in the interests of the Belgian economy.

## The Faktory Fund
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Manufacturing

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.

## Greyhound Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series B, Seed, Series D
- Focus: FinTech, Financial Services, Banking

Global growth equity investment firm focused on technology-enabled businesses improving everyday lives

## Torus Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Cannabis, Computer, Software

We are investors advocating for positive action, and are searching for like-minded founders. Is this you?

## D'Ieteren
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Apps, Rental, Sensor

D’Ieteren n.v. provides various services to the motorists worldwide. The company operates in two segments, Automobile Distribution and Vehicle Glass. It imports and distributes Volkswagen, Audi, Seat, Škoda, Bentley, Lamborghini, Bugatti, Porsche, and Yamaha vehicles. The company also provides vehicle glass repair and replacement services under theCARGLASS, AUTOGLASS, and SAFELITE AUTOGLASS brands.

## Airborn
- Type: VC Fund
- Location: Antwerp, Antwerpen, Belgium
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Waste Management, Information Services, Supply Chain Management

Airborn fund is investing in founders with impact

## DDM Holding AG
- Type: VC Fund
- Location: Baar, Zug, Switzerland
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Waste Management, Information Services, Supply Chain Management

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

## SHIFT Invest
- Type: VC Fund
- Location: Amstelveen, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Biotechnology, Manufacturing, Information Technology

SHIFT Invest is a Dutch venture capital fund that invests in early stage environmental impact startups

## Mark De Smedt
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Cycling, Manufacturing, Transportation

Mark De Smedt, Director at Plan International, Plan Belgium, SD Worx, Copus Group, SVR consult and Youth Start.

## S.R.I.W.
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Health Care, Biotechnology, Manufacturing

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.

## Mainport Innovation Fund
- Type: VC Fund
- Location: Amstelveen, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Travel, Security

MIF II focuses on innovation in Logistics, Transport and Aviation. This includes but is not limited to the following themes: Sustainable infrastructure and materials, connectivity, mobility, intermodal transport, energy, digitization, internet of things, security & safety, seamless travel and big data. We invest both in the B2B and B2C space

## Force Over Mass Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, FinTech

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.

## SmartFin
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Software, SaaS, Analytics

Venture capital fund focussing on European B2B technology companies.

## E-Merge
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, SaaS, E-Commerce

Find out if E-Merge is the right fit for your future career! Explore jobs, salary, equity, and funding information. Read about work-life balance, perks, benefits, and the company culture!

## Jonas Mallisse
- Type: Angel
- Relevant deals: 1
- Focus: Service Industry, Food and Beverage, Supply Chain Management

Jonas Mallisse is a founder of Too Good To Go Belgium.

## Dupont Restauration
- Type: VC Fund
- Location: Libercourt, Nord-Pas-de-Calais, France
- Relevant deals: 1
- Stages: Series A
- Focus: Pet, Food Delivery, Food and Beverage

Dupont Restauration , undisputed leader in catering, while remaining a family-sized company, remains close to its employees.Dupont Traiteur, the event activity of Dupont Restauration, includes the VIP services of sports venues (cocktails, reception, buffet, sit-down meals), the management of the general public sales of some of these sites and thereceptions activity (conventions of businesses, weddings, private events ...) on the Estate.

## Steven Buyse
- Type: Angel
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Seed, Private Equity
- Focus: Cycling, Marketing, Advertising

Partner, joined CVC in 2001. Steven is a member of the CVC Belgium team and is based in Brussels.
Prior to joining CVC, he spent five years at ING Investment Banking and four years as CFO of Corialis.
Steven holds a commercial engineering degree from KU Leuven and an MBA from Vlerick School for Management, Belgium.

## Valckenier
- Type: VC Fund
- Location: Aalst, Oost-Vlaanderen, Belgium
- Relevant deals: 1
- Stages: Series A
- Focus: Rental, Car Sharing

Valckenier is jouw partner in mobiliteit. Dichtbij, vernieuwend en met een persoonlijke service. We bieden een brede waaier aan mobiliteitsoplossingen op maat.

## Seeder Fund
- Type: VC Fund
- Location: Anderlecht, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Financial Services

Seeder Fund is an early-stage financing and growth capital for digital startups. For young start-ups with a start in commercial traction it offers seed funding of up to EUR 100,000 in the form of a convertible loan is intended to validate their value proposition and product-market fit. For start-ups preparing for Series A it provides funding of upto EUR 200,000 in the form of a convertible loan aims to confirm the growth potential and move closer to break-even. For scale-ups, the Seeder Fund can also help finance the company's growth, this time in the form of a capital stake of up to 1,000,000 EUR.

## LeanSquare
- Type: VC Fund
- Location: Liège, Liege, Belgium
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Music, Internet

New Economy Startups Investor & Accelerator

## Stéphane Ronse
- Type: Angel
- Location: Ghent, Oost-Vlaanderen, Belgium
- Relevant deals: 1
- Stages: Seed
- Focus: Service Industry, Food and Beverage, Supply Chain Management

Stéphane Ronse is the Founder of FOODBAG. He previously worked at West Flanders business centers as a Regional responsible for Kortrijk. Stéphane Ronse attended Ghent University.

## Delaware
- Type: VC Fund
- Location: Gent, Oost-Vlaanderen, Belgium
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Waste Management, Information Services, Supply Chain Management

IT consultancy, System Integrator, Change Management, Professional Services

## Vic Swerts
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: Software, Transportation, Internet of Things

Vic Swerts

## BIG Capital Vietnam
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Aerospace, Automotive, Electric Vehicle

We embrace disruptive ideas and people, who are willing to dream big and to make real change in future endeavors

## The Group Spadel
- Type: VC Fund
- Location: Woluwé-saint-lambert, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Focus: Service Industry, Food and Beverage, Supply Chain Management

Spadel provides throughout the course of life, natural and forever improved answers to your needs for hydration and desires for refreshment.

## Impact Group
- Type: VC Fund
- Location: Boise, Idaho, United States
- Relevant deals: 1
- Stages: Series A
- Focus: Pet, Food Delivery, Food and Beverage

Impact Group is a sales and marketing agency for companies in the consumer packaged goods industry

## Asimov Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: 3D Printing, Manufacturing, Medical Device

Venture Capital for 3D Printing and Robotics

## Wim Vernaeve
- Type: Angel
- Location: Ghent, Oost-Vlaanderen, Belgium
- Relevant deals: 1
- Stages: Seed
- Focus: SaaS, CRM, Apps

Wim is a founding partner of Green Park Investment Partners, a private equity investor in the BeNeLux. He also personally invests in early stage startups. Previously he was co-founder of Bragster.com, a social network for daredevils that was sold to Guinness World Records. Before that, he worked in investment banking at Morgan Stanley in London.Wim received a MSc. in Aerospace Engineering.

## Finindus
- Type: VC Fund
- Location: Zelzate, Oost-Vlaanderen, Belgium
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Manufacturing, Industrial, Renewable Energy

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.

## Naxicap Partners
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: Manufacturing, Software, Retail

Naxicap Partners is a financial partner responsible, active and present along with its holdings. Their concept of partnership is to provide their participants and their managers substantial support in periods of expansion as in times of difficulty, with lines of action to be effective and practical.

## Jose Marin
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, Internet, Retail

Jose Marin started his professional career as a consultant at The Boston Consulting Group.In 1999 he co-founded DeRemate.com (eBay model for Latin America). The company raised 75 M USD, did a partial cash-out sale to Terra and later merged with Mercado Libre that went Public in Nasdaq .Currently Jose is co-Founder and co-CEO of IGExpansion. IG takes successful internet business models into emerging markets (main focus Brazil). IG builds one project per year and will not build more than 6 (investing the first 3 to 5 M USD per project). 5 of the 6 are already operating being Viajanet (Expedia for Latam) its biggest success.Jose is also founder of Serendipity Investments, company that has invested in >70 start-ups. Before this, Jose invested in projects such as Bazee (auctions sold to eBay in 2005) and eDreams (European Travel site sold to TA Associates in 2006) obtaining top tier returns.Jose is a Mechanical and Electrical Engineer and holds an MBA and an MA in International development Economics from Stanford.

## Be Angels
- Type: VC Fund
- Location: Louvain-la-neuve, Vlaams-Brabant, Belgium
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

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.

## Sambrinvest
- Type: VC Fund
- Location: Gosselies, Hainaut, Belgium
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Biotechnology, Health Care, Information Technology

Sambrinvest is an active venture capital player in the region of Charleroi - Thuin.

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