24 Best Active Seed Investors in Belgium in 2025

Hummingbird Ventures

https://hummingbird.vc

Hummingbird Ventures is a venture capital partner.

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.

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.

imec.xpand

https://imecxpand.com

imec.xpand is an accelerator company.

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.

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.

Mediahuis Ventures

https://mediahuis.com

Mediahuis Ventures is a corporate venture capital company.

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.

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.

Lab Box

https://lab-box.com

Lab Box is a Brussels-based venture capital fund specializing in the future of mobility and transportation. They invest primarily in early-stage companies, including seed and series A stages. Investment sizes vary. Notable companies they have supported include Skipr, Mbrella, and MyMove. Lab Box aims to back startups that are innovating mobile and travel technologies.

LEH

https://libertatisergo.com

LEH is a venture capital fund based in Leuven, focusing on early-stage startups in health technology and artificial intelligence. They support science-based startups, often affiliated with universities, and have backed companies like Whispp. LEH seeks to partner with promising startups in the health tech and AI sectors to help them grow and succeed.

PMV

https://pmv.eu

PMV is a venture capital fund based in Brussels, focusing on early to growth-stage companies in sectors such as technology, biotech, and consumer goods. Notable investments include MICLEDI Microdisplays and Aphea.Bio. PMV aims to boost economic and social goals by providing essential financial support, enhancing prosperity and well-being through strategic investments.

Eurostars

https://eurekanetwork.org

Eurostars, based in Brussels, is a venture capital fund specializing in early-stage investments. They support young companies, particularly in hardware and health technology, and have backed notable firms like Renalyse. Operating in over 45 countries, Eurostars connects researchers and developers with funding opportunities, facilitating international cooperation in research, development, and innovation.

Limburgse Reconversie Maatschappij

https://lrm.be

Limburgse Reconversie Maatschappij is a venture capital fund based in Hasselt. They focus on early-stage investments in sectors like sports technology, productivity tools, data analytics, and navigation mapping. Notable investments include Raw Stadia and xyzt.ai. Their goal is to foster innovation by providing essential capital to startups.