23 Best Active Series A Investors in Belgium in 2025

Hummingbird Ventures

https://hummingbird.vc

Hummingbird Ventures is a venture capital partner.

AMAVI Capital

https://amavi.capital

AMAVI Capital is a Belgium-based company founded in 2020.

Gimv

https://gimv.com

Gimv is a European investment company with four main investment platforms: Connected Consumer, Health and Care, Smart Industries and Sustainable Cities.

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.

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.

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.

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.

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.

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.

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.

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.