30 Best Active Investors in Belgium in 2024

Hummingbird Ventures

https://hummingbird.vc

Hummingbird Ventures is a venture capital partner.

AMAVI Capital

https://amavi.capital

AMAVI Capital is a venture capital fund based in Brussels, focusing on the Proptech, Real Estate, Energy, and Nuclear sectors. They invest at the Series A stage to support companies shaping the future of living, working, and leisure. Operating across Europe, including Benelux, Nordics, Germany, Switzerland, and France, AMAVI Capital has invested in firms like Myrspoven. Their goal is to bridge traditional real estate with cutting-edge technology.

Sambrinvest

https://sambrinvest.be

Sambrinvest is a venture capital fund based in Brussels. It supports startups and small businesses, particularly in biotech and deep tech, with a focus on Series B investments. Beyond funding, Sambrinvest offers expert advice to help entrepreneurs develop their projects while maintaining independence. One of its portfolio companies is Minoryx Therapeutics. By partnering with businesses at critical stages, Sambrinvest fosters innovation and growth.

Bioqube Ventures

https://bioqubeventures.com

Bioqube Ventures, based in Brussels, is a venture capital fund specializing in biotechnology and health technology companies at stages from seed to Series B. The fund focuses on supporting European life sciences startups that aim to improve health and medical outcomes. Their notable investments include SynOx Therapeutics, Egle Therapeutics, and Commit Biologics.

Gimv

https://gimv.com

Gimv is a venture capital fund based in Antwerp, investing in companies at early growth to established phases, with funding ranging from 5 million to 75 million euros. The firm focuses on sectors like biotech, health tech, pharma, and deep tech. Notable investments include SynOx Therapeutics and FIRE1. Gimv primarily targets businesses in the Benelux region, France, and Germany, aiding their expansion and innovation.

GBV Capital

https://gbv.capital

GBV Capital, based in Ghent, is a venture capital fund focusing on early-stage startups in fields like crypto, web3, and AI. They provide tailored funding to help new companies grow, with investments ranging from small to larger amounts. Notable support includes the company Ta-da. Their goal is to back talented entrepreneurs and impactful projects.

Belcube

https://belcube.com

Belcube is a venture capital fund in Brussels, founded by Jean Zurstrassen and Grégoire de Streel, co-founders of Belgacom Skynet, Keytrade Bank, and Tunz.com. Belcube focuses on seed-stage investments in startups within the insuretech and service sectors. Their investments, which range from small to moderate amounts, aim to support early-stage growth. Notable investments include Qover. Belcube's mission is to help new businesses grow through strategic funding and guidance.

Innovation Fund

https://innovationfund.eu

Innovation Fund is a venture capital fund based in Brussels, investing in Series B stage companies within biotechnology, manufacturing, and health technology sectors. Notable investments include Univercells. The fund provides financial support with check sizes between $250k and $5M to help companies grow. Innovation Fund focuses on backing firms with strong potential in specialized fields.

imec.xpand

https://imecxpand.com

Imec.xpand is a Brussels-based venture capital fund investing in Series A startups focused on health technology, hardware, and semiconductors. Leveraging the expertise of imec and its strategic investors, the fund supports innovative projects aimed at creating a smarter, more sustainable society. Notable investments include Luma Vision, MICLEDI Microdisplays, and Nagi Bioscience.

Force Over Mass Capital

https://fomcap.com

Force Over Mass Capital is a London-based venture capital fund investing in early-stage technology companies. They focus on sectors such as ecommerce, fintech, AI, and cybersecurity. The fund supports businesses with investments from $250,000 to $1 million. Notable portfolio companies include Sprinque, Seldon, and Admix.

Korys

https://korys.be

Korys is a venture capital fund based in Brussels, established by the Colruyt family. The fund's name is derived from the Latin word for hazelnut tree, "Corylus," linked to the Colruyt name. Korys targets investments in biotech and agritech companies at the series C stage, with notable investments like Aphea.Bio. The firm's strategy includes a balanced portfolio of stocks, bonds, private equity, and support for small and medium-sized enterprises. Korys focuses on long-term investments that aim to generate meaningful, sustainable impacts on people and the planet while achieving good returns.

Ninepointfive

https://ninepointfive.vc

Ninepointfive is a venture capital fund based in Antwerp. It invests in tech startups from pre-seed to series A stages, with check sizes ranging from $500,000 to $7,500,000. Focusing on industries such as manufacturing, ecommerce, and sales and marketing, Ninepointfive co-invests with other companies to aid startup growth. Notable investments include Penny Black and MakerVerse.

Astanor Ventures

https://astanor.com

Astanor Ventures is a Brussels-based venture capital firm focusing on technology-enabled European companies in the agri-food sector.

Astanor Ventures

https://www.astanor.com/

Astanor Ventures is a Brussels-based venture capital firm focusing on technology-enabled European companies in the agri-food sector.

AG Real Estate

https://agrealestate.eu

AG Real Estate is a venture capital fund based in Brussels, focusing on debt financing in areas like property technology, real estate, the service industry, and travel technology. Acting as both an investor and developer, they manage a diverse portfolio and have invested in companies like Cohabs. Operating in Belgium, France, Luxembourg, and select European markets, AG Real Estate aims to work sustainably and in the best interest of their clients and partners.

Mediahuis Ventures

https://mediahuis.com

Mediahuis Ventures is a venture capital firm based in Amsterdam. They invest in early to mid-stage companies across industries like hiring, ecommerce, mobile apps, edtech, media, and fitness. Notable investments include Alleo, Lepaya, Perlego, Swap Language, and Myskillcamp. Their focus is on helping businesses expand by providing necessary financial resources.

Ingka Investments

https://ingka.com

Ingka Investments is the venture capital arm of Ingka Group, the largest IKEA Retail operator. Focusing on Series A investments in the Insuretech sector, they aim to generate long-term financial returns and support Ingka Group's sustainability goals. They also manage assets like wind and solar parks, and forestland. The team includes investment managers, sales and operations managers, and forest rangers, all dedicated to entrepreneurship and the environment. Notable investments include Urban Jungle. Ingka Investments oversees six portfolios, 25 minority investments, three acquisitions, and extensive renewable energy resources and forestland.

Keyrock

https://keyrock.eu

Keyrock, founded in Belgium in 2017, is a venture capital fund specializing in pre-seed investments in deep tech. Known for their focus on cryptocurrency, Keyrock develops scalable, self-adaptive algorithmic technologies to support digital asset markets. Using in-house tools and high-frequency trading infrastructure, they provide liquidity services to tokens, exchanges, and brokerages. Keyrock is committed to transparency, operational integrity, and regulatory compliance. One notable investment is Rho Protocol.

Solvay Ventures

https://solvay-ventures.com

Solvay Ventures, the venture capital arm of Solvay, operates with a $100 million evergreen fund based in Brussels. They invest between $500,000 and $3 million in Series A and Series B stage companies. Solvay Ventures focuses on sectors such as space technology, health technology, climate technology, manufacturing, and transportation. Notable investments include Kumovis, Tau Group, and 9T Labs, highlighting their interest in innovative and sustainable solutions.

BlackFin Tech

https://blackfin-tech.com

BlackFin Tech is a venture capital fund based in Paris and part of BlackFin Capital Partners. They focus on high-growth sectors such as fintech, cybersecurity, and mobility, investing in early to mid-stage companies, including seed, series A, and series C rounds, with investments ranging from $1 million to $30 million. Notable investments include Ravelin, Likvido, Hypatos, and ViaBill. BlackFin Tech supports visionary entrepreneurs shaping the future of technology across various industries.

Green Park Investment Partners

https://greenparkinvest.com

Green Park Investment Partners is a venture capital fund based in Ghent. They focus on promising startups in fields such as artificial intelligence and social platforms. Check sizes range from $500,000 to $5,000,000, supporting early-stage companies. Notable investments include TechWolf. Green Park aims to help new businesses reach their full potential through strategic financial support.

Telos Impact

https://telosimpact.com

Telos Impact is a Brussels-based venture capital fund specializing in Series A investments in manufacturing and food technology sectors. Investing between €0 and €10 million, they aim to create positive social and environmental impacts. Their mission includes providing professional advisory services and promoting philanthropic and impact investing in Europe. They collaborate with international partners and experts to support their goals. Noteworthy investments include Kern Tec.

Nomainvest

https://nomainvest.eu

Nomainvest is a venture capital fund based in Liège, investing in Series A stages within the semiconductor, energy, and nuclear industries. Known for strategic partnerships, the fund supports long-term growth projects. Its investment range is $250k to $5M, targeting development in Belgium, Germany, France, Luxembourg, and the Netherlands. Portfolio companies include e-peas. Nomainvest also focuses on sustainable solutions in construction, mobility, and healthcare linked to industrial and technological advancements.

Agfa Gevaert

https://agfa.com

Agfa Gevaert is a venture capital fund based in Antwerp, focusing on early-stage companies in eCommerce and Sales and Marketing. They typically support startups during seed and pre-seed stages, aiding new businesses with essential funding. A notable investment is Penny Black. Originating from developing imaging systems and IT solutions primarily for printing and healthcare, Agfa Gevaert demonstrates a strong commitment to technological growth. The parent company is located in Mortsel, Belgium.

Pitchdrive

https://pitchdrive.com

Pitchdrive is a venture capital fund based in Antwerp, focusing on early-stage European startups. They invest in sectors such as fintech, health tech, and artificial intelligence, providing support from pre-seed to series A stages. Notable portfolio companies include Silo Team and Version Lens. Founded by entrepreneurs, Pitchdrive uses a data-driven approach to meet the needs of founders and drive their success.

Fortino Capital

https://fortinocapital.com

Fortino Capital, based in Brussels, is a venture capital fund that supports and advises companies in property technology, sales and marketing, artificial intelligence, and business intelligence. They invest in early-stage startups to foster growth and success. Past investments include Billy Grace, Letsbuild, and Altura Platform.

Aconterra

https://aconterra.com

Aconterra is a venture capital fund based in Antwerp that invests in European early-stage companies focused on making buildings smarter and more energy-efficient. With investments ranging from €500,000 to €3,000,000 in seed and series A stages, Aconterra targets areas like privacy and security, real estate tech, data, and developer tools. Notable investments include Bisly, Sensative, Chainels, and Basking.io. The fund offers both capital and expertise to help these companies grow.

Freshmen Fund

https://freshmenfund.com

Freshmen Fund, based in Antwerp, is a venture capital fund specializing in early-stage companies. With investments ranging from €100,000 to €5 million, they primarily support fintech businesses. Notable investments include Levenue. Freshmen Fund is committed to helping startups grow through financial backing and active support.