16 Best Active Unknown Investors in Belgium in 2025

Over the past decade, Europe has become the second largest technology ecosystem in the world, creating startups solving problems worth solving in society. Behind many of these companies are investors who provide not just funds but also guidance and support.


Our 2025 list brings together the most notable investors from across the continent, with everyone listed having a track record of making strategic investments in generation-defining companies. These rankings are the result of tracking investment activity across 71,000+ companies and +2,500 venture capital investors Europe, and includes funds who have invested in at least 5 European companies in the past year, regardless of where they are HQ'd.


Whether you're a budding entrepreneur seeking the right funding partner, an investor looking for co-investment opportunities, or simply curious about the financial powerhouses investing in Europe, this list provides invaluable insights into the region.


Last update to the database: Aug 19, 2025. See changelog.


Icon Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.

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List of 16 top Belgium VCs

Hummingbird Ventures is a venture capital partner.

36

Offices:

Ghent (HQ)

London

Antwerp

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$2.5M - $40M

Industries:

Health Tech, FinTech, Gaming

Top investments in Belgium:

Automata (
52)
, Monumental (
48)
, Anima (
44)

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.

33

Offices:

Brussels (HQ)

Investment Stage:

Seed, Series B, Series D, Unknown

Check Size:

$20M - $250M

Industries:

Health Tech, Biotech

Top investments in Belgium:

CatalYm (
56)
, SynOx Therapeutics (
56)
, Egle Therapeutics (
52)

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

31

Offices:

Antwerp (HQ)

Investment Stage:

Series A, Series B, Series C, Unknown

Check Size:

$20M - $250M

Industries:

Health Tech, FinTech, Hardware

Top investments in Belgium:

Complement Therapeutics (
60)
, SynOx Therapeutics (
56)
, FIRE1 (
52)

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.

27

Offices:

London (HQ)

Antwerp

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $40M

Industries:

Climate Tech & Green Tech, Edtech, FinTech

Top investments in Belgium:

Artificial Labs (
56)
, CausaLens (
56)
, Admix (
52)

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

26

Offices:

No data available

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Belgium:

No data available

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

26

Offices:

Brussels (HQ)

Brussels (HQ)

Investment Stage:

Seed, Series A, Series B, Series C, Series D, Unknown

Check Size:

$100k - $250M

Industries:

Climate Tech & Green Tech, Health Tech, FinTech

Top investments in Belgium:

Ynsect (
60)
, Calyxia (
59)
, Reshape Biotech (
56)

Mediahuis Ventures is a corporate venture capital company.

24

Offices:

Amsterdam (HQ)

Antwerp

Investment Stage:

Seed, Series A, Series B, Series C, Unknown

Check Size:

$2.5M - $50M

Industries:

Edtech, AI, Fitness

Top investments in Belgium:

Lepaya (
52)
, Perlego (
46)
, Alleo (
41)

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.

22

Offices:

Brussels (HQ)

Investment Stage:

Series A, Series B, Unknown

Check Size:

$5M - $30M

Industries:

Climate Tech & Green Tech, Health Tech, Hardware

Top investments in Belgium:

iCOMAT (
48)
, 9T Labs (
34)
, Kumovis (
28)

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.

21

Offices:

Ghent (HQ)

Amsterdam

Investment Stage:

Unknown

Check Size:

$2.5M - $5M

Industries:

AI, Consumer Social

Top investments in Belgium:

TechWolf (
33)

Offices:

Ghent (HQ)

Investment Stage:

Seed, Series B, Unknown

Check Size:

$2.5M - $30M

Industries:

Climate Tech & Green Tech, Proptech & Real Estate, Energy & Nuclear

Top investments in Belgium:

Kraftblock (
44)
, JuuNoo (
15)

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.

18

Offices:

Antwerp (HQ)

Amsterdam

Berlin

Investment Stage:

Pre Seed, Seed, Series A, Unknown

Check Size:

$500k - $20M

Industries:

Health Tech, FinTech, Crypto & web3

Top investments in Belgium:

WAY.so (
39)
, Henchman (
33)
, Oper (
33)

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.

18

Offices:

Brussels (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$2.5M - $50M

Industries:

AI, Proptech & Real Estate, Legal Tech

Top investments in Belgium:

TechWolf (
41)
, LegalFly (
33)
, Letsbuild (
31)

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.

17

Offices:

Antwerp (HQ)

Investment Stage:

Seed, Series A, Unknown

Check Size:

$100k - $10M

Industries:

Hardware, AI, Deep Tech

Top investments in Belgium:

Bisly (
34)
, Basking.io (
25)
, Sensative (
21)

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.

16

Offices:

Brussels (HQ)

Investment Stage:

Pre Seed, Seed, Series A, Series B, Unknown

Check Size:

$100k - $40M

Industries:

Climate Tech & Green Tech, Health Tech, Edtech

Top investments in Belgium:

Gorilla (
56)
, MICLEDI Microdisplays (
56)
, Aphea.Bio (
43)

Offices:

Anderlecht (HQ)

Brussels

Investment Stage:

Seed, Series A, Unknown

Check Size:

$500k - $10M

Industries:

FinTech, Crypto & web3, Foodtech

Top investments in Belgium:

Keyrock (
40)
, Next Gate Tech (
31)
, Chift (
31)

Digital Attraxion is a venture capital fund based in Brussels, specializing in early-stage investments in health technology, robotics, manufacturing, media and entertainment, and deep technology. They provide funding from $0 to $100,000 and have supported companies such as Evoluno and Qviro. Their focus is on helping promising startups secure the necessary funds to grow and succeed.

10

Offices:

Brussels (HQ)

Investment Stage:

Pre Seed, Unknown

Check Size:

$100k - $1M

Industries:

Health Tech, Deep Tech, Media and Entertainement

Top investments in Belgium:

Evoluno (
18)
, Qviro (
15)