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Venture capital firms in Belgium

Source: FundingWatcher. Data as of 4 September 2026.

142
Venture capital firms in Belgium
100
Rows shown
8
Stages recorded
5
Other types here
100 rows
# Name Location Investments Lead Exits People
1 European Innovation Council Brussels, Belgium 1,271 921 48 0
2 EIT Digital Accelerator Brussels, Belgium 234 6 49 11
3 Gimv Antwerpen, Belgium 193 63 64 27
4 Belgian Investment Company for Developing Countries Brussels, Belgium 168 91 14 0
5 PMV Brussels, Belgium 146 34 24 0
6 Hummingbird Ventures Brussels, Belgium 141 39 16 9
7 Capricorn Partners Leuven, Belgium 118 39 32 18
8 S.R.I.W. Liège, Belgium 111 24 16 0
9 Limburgse Reconversie Maatschappij Hasselt, Belgium 94 13 17 15
10 Volta Ventures Gent, Belgium 83 41 10 8
11 Astanor Ventures Luxembourg, Belgium 75 41 8 21
12 Pitchdrive Antwerp, Belgium 74 31 5 5
13 Meusinvest (Noshaq) Liège, Belgium 74 7 8 22
14 Fortino Capital Antwerp, Belgium 69 34 16 18
15 Verlinvest Brussels, Belgium 66 38 13 33
16 E-Merge Brussels, Belgium 66 5 24 3
17 EDFI ElectriFI Brussels, Belgium 62 25 2 0
18 Qbic Fund Ghent, Belgium 61 18 11 7
19 Digital Attraxion Charleroi, Belgium 52 3 2 0
20 SmartFin Brussels, Belgium 50 21 10 13
21 imec.xpand Leuven, Belgium 46 23 3 10
22 V-Bio Ventures Gent, Belgium 43 16 3 6
23 Inventures SA Brussels, Belgium 43 4 4 3
24 LeanSquare Liège, Belgium 42 13 2 3
25 SFPI-FPIM Brussels, Belgium 40 6 4 14
26 Gemma Frisius Fund Leuven, Belgium 40 5 7 0
27 PDENH Xhendelesse, Belgium 39 5 2 2
28 Sambrinvest Gosselies, Belgium 39 4 3 6
29 Seeder Fund Anderlecht, Belgium 37 9 2 2
30 WING by Digital Wallonia Liège, Belgium 36 11 9 0
31 Finindus Zelzate, Belgium 34 11 1 5
32 Fund+ Leuven, Belgium 32 9 4 3
33 Tioga Capital Partners Brussels, Belgium 31 15 1 10
34 Quest for Growth Leuven, Belgium 31 1 14 1
35 VIB Gent, Belgium 31 0 4 30
36 Innovation Fund Brussels, Belgium 30 8 5 0
37 Finance.Brussels Brussels, Belgium 25 5 0 17
38 Vives Louvain Technology Fund Louvain-la-neuve, Belgium 25 1 3 5
39 KBC Focus Fund Brussels, Belgium 24 7 1 3
40 Syensqo Ventures Brussels, Belgium 24 6 4 296
41 Saffelberg Investments Gooik, Belgium 23 13 4 0
42 Agri Investment Fund Leuven, Belgium 22 7 2 2
43 Entourage Ghent, Belgium 21 11 0 6
44 Theodorus III Brussels, Belgium 21 4 4 2
45 ScaleFund Brussels, Belgium 17 8 1 4
46 Viralety Ventures Brussels, Belgium 17 7 4 0
47 Bioqube Ventures Hasselt, Belgium 17 6 1 12
48 Novalis Biotechnology Incubation Gent, Belgium 16 10 0 1
49 AMAVI Capital Eke, Belgium 16 9 0 9
50 Impact Shakers Beernem, Belgium 16 8 0 0
51 Angelwise Hasselt, Belgium 16 7 0 3
52 TCD Capital Uccle, Belgium 16 6 1 6
53 Allegro Investment Fund Heverlee, Belgium 15 2 5 1
54 The CoFoundry Antwerp, Belgium 14 5 3 0
55 Newtree Impact Watermael-boitsfort, Belgium 14 1 0 5
56 Internet Attitude Waremme, Belgium 13 8 2 0
57 Akiles Rhode-saint-genèse, Belgium 13 6 0 3
58 Ninepointfive Antwerp, Belgium 13 6 1 0
59 Cascara Ventures Brussels, Belgium 13 1 2 1
60 Orsa Marche-en-famenne, Belgium 13 0 1 6
61 INGENIUM Poland Fund Brussels, Belgium 12 12 0 2
62 Lean FUND Louvain, Belgium 12 10 1 0
63 White Fund Liège, Belgium 12 8 0 4
64 Edaphon Brussels, Belgium 12 3 0 2
65 Merifin Capital Brussels, Belgium 12 0 3 7
66 invest.bw Louvain-la-neuve, Belgium 11 1 0 0
67 Pamica NV Antwerp, Belgium 11 1 2 0
68 ForsVC Kortrijk, Belgium 10 7 0 2
69 Miles Ahead Ghent, Belgium 10 7 0 9
70 Aconterra Antwerp, Belgium 10 5 0 3
71 BAN Vlaanderen Hasselt, Belgium 10 4 3 12
72 HERAN Partners Antwerp, Belgium 10 4 1 9
73 imec.istart Future Fund Antwerp, Belgium 10 3 0 2
74 MPA Capital Brussels, Belgium 10 3 2 7
75 VIVES Funds Wavre, Belgium 10 2 0 5
76 Torus Capital Gent, Belgium 9 6 0 7
77 welovefounders Brussels, Belgium 9 6 0 4
78 Shaping Impact Group Brussels, Belgium 9 5 1 6
79 RMM Gent, Belgium 9 4 2 0
80 Vinnof Brussels, Belgium 9 1 4 0
81 Biotech Fund Flanders Antwerp, Belgium 9 0 3 0
82 Kois Invest Brussels, Belgium 9 0 1 5
83 Sherpa Invest Brussels, Belgium 8 4 1 0
84 Namur Invest Namur, Belgium 8 2 1 2
85 Rise PropTech Liège, Belgium 8 2 0 2
86 Ingenium Slovenia Fund Brussels, Belgium 7 7 0 2
87 Junction Growth Investors Antwerp, Belgium 7 3 0 6
88 Water Lemon Ventures Brussels, Belgium 7 1 0 1
89 INGENIUM Umbria Fund Brussels, Belgium 6 6 0 2
90 Proximus Group Brussels, Belgium 6 4 0 0
91 EDFI Agrifi Brussels, Belgium 6 3 0 0
92 Freshmen Fund Antwerp, Belgium 6 2 1 1
93 Bekaert Zwevegem, Belgium 6 1 1 155
94 Gogreen Capital Brussels, Belgium 6 1 2 0
95 Nivelinvest Louvain-la-neuve, Belgium 6 0 2 4
96 QuaeroQ Waregem, Belgium 5 5 0 0
97 Epimède Liège, Belgium 5 2 1 0
98 RDY Ventures Antwerp, Belgium 5 1 0 10
99 Nausicaa Ventures Mont-saint-guibert, Belgium 5 0 2 0
100 Green Park Investment Partners Gent, Belgium 4 3 0 5

Table 1. Venture capital firms in Belgium, by recorded investments. Source: FundingWatcher. Data as of 4 September 2026. Base: 142.

Investment stages

Among these 142
Early stage investors122 Seed investors83 Venture investors40 Late stage investors35 Private equity investors15 Convertible note investors9 Debt investors8 Secondary market investors3

Other investors in Belgium

Angel investors90 Private equity firms51 Investment partners32 Startup accelerators23 Family offices20

Venture capital firms elsewhere

United States9,355 China1,577 United Kingdom1,325 Germany831 Canada644 India601 Singapore590 France480 Japan422 South Korea415 The Netherlands351 Switzerland334 Australia332 Israel331 Spain323 Hong Kong313 Brazil290 Sweden259 United Arab Emirates258 Italy197 Poland133 Turkey132 Luxembourg126 Norway104
Cite: FundingWatcher, 142 venture capital firms in Belgium, 4 September 2026. https://fundingwatcher.com/investors/venture-capital-firms/belgium/