25 Best Active Investors in Brussels in 2024

In the vibrant investment landscape of Brussels, certain names stand out, consistently identifying and supporting groundbreaking ventures. As we journey into 2024, we've compiled a list of the top investors in Brussels, showcasing those who've demonstrated exceptional acumen, vision, and commitment to fostering innovation in the region.


This list is the result of tracking investment activity across +2,500 venture capital investors in Europe, and only includes funds that have invested in at least 5 startups in Brusselsin the past 12 months (not just investors with offices in Brussels). Whether you're an experienced founder who have raised capital in the past or you're fundraising for the first time, our curated list of the top Brussels VCs in 2024 will be tremendously helpful in your journey.


Last update to the database: Nov 26, 2024. 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 25 top Brussels VCs

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

35

Offices:

Brussels

Investment Stage:

Series A, Series B

Check Size:

$10M - $40M

Industries:

Proptech & Real Estate, Energy & Nuclear, Business Intelligence

Top investments in Brussels:

Myrspoven (
56)
, Cintoo (
28)

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.

35

Offices:

Brussels

Investment Stage:

Series B

Check Size:

$30M - $40M

Industries:

Biotech, Deep Tech

Top investments in Brussels:

Minoryx Therapeutics (
56)

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 Brussels:

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

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.

30

Offices:

Brussels

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Insuretech, Service industry

Top investments in Brussels:

Qover (
48)

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.

30

Offices:

Brussels

Investment Stage:

Series B

Check Size:

$20M - $30M

Industries:

Health Tech, Biotech, Manufacturing

Top investments in Brussels:

Univercells (
48)

imec.xpand is an accelerator company.

28

Offices:

Brussels

Investment Stage:

Seed, Series A, Series B

Check Size:

$10M - $50M

Industries:

Health Tech, Hardware, Biotech

Top investments in Brussels:

MICLEDI Microdisplays (
56)
, Luma Vision (
48)
, Inbrain Neuroelectronics (
28)

Korys is the investment company of the Colruyt family.

27

Offices:

Brussels

Investment Stage:

Series B, Series C

Check Size:

$30M - $100M

Industries:

Agritech, Biotech, Space Tech

Top investments in Brussels:

OroraTech (
46)
, Aphea.Bio (
43)

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 Brussels:

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 Brussels:

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

Offices:

Brussels

Investment Stage:

Series A

Check Size:

$20M - $30M

Industries:

Foodtech, Biotech

Top investments in Brussels:

Onego Bio (
41)

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.

25

Offices:

Brussels

Investment Stage:

Debt Financing

Check Size:

$50M - $70M

Industries:

Proptech & Real Estate, Travel Tech, Service industry

Top investments in Brussels:

Cohabs (
40)

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.

23

Offices:

Brussels

Investment Stage:

Pre Seed

Check Size:

$2.5M - $5M

Industries:

Deep Tech, Investing

Top investments in Brussels:

Rho Protocol (
37)

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 Brussels:

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

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.

21

Offices:

Brussels

Paris (HQ)

Frankfurt

Investment Stage:

Seed, Series A, Series C

Check Size:

$5M - $30M

Industries:

FinTech, Legal Tech, Cybersecurity

Top investments in Brussels:

Ravelin (
52)
, Hypatos (
37)
, Likvido (
25)

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.

21

Offices:

Brussels

Investment Stage:

Series A

Check Size:

$20M - $30M

Industries:

Foodtech, Manufacturing

Top investments in Brussels:

Kern Tec (
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 Brussels:

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

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.

17

Offices:

Brussels (HQ)

Investment Stage:

Seed, Series A

Check Size:

$5M - $10M

Industries:

Travel Tech, Mobile, Mobility & Transportation

Top investments in Brussels:

Skipr (
31)
, Mbrella (
25)
, MyMove (
25)

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 Brussels:

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

Offices:

Brussels

Anderlecht (HQ)

Investment Stage:

Seed, Series A, Unknown

Check Size:

$500k - $10M

Industries:

FinTech, Crypto & web3, Foodtech

Top investments in Brussels:

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

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.

16

Offices:

Brussels

Investment Stage:

Seed

Check Size:

$2.5M - $5M

Industries:

Health Tech, Hardware

Top investments in Brussels:

Renalyse (
25)

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 Brussels:

Evoluno (
18)
, Qviro (
15)

Offices:

Brussels (HQ)

Investment Stage:

Seed

Check Size:

$10M - $20M

Industries:

Software as a service (SaaS), Artificial Intelligence (AI), Productivity

Top investments in Brussels:

No data available

Compagnie Nationale à Portefeuille (CNP) is a venture capital fund based in Brussels. It invests in companies at various stages, offering financial support through diverse check sizes. As part of Groupe Frère-Bourgeois and Groupe Bruxelles Lambert, CNP enjoys a stable shareholder base, controlled solely by the Frère family. CNP has a history of investing in diverse industries and fostering growth in numerous companies.

1

Offices:

Brussels

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Brussels:

No data available

Belfius Bank, based in Brussels, serves clients ranging from young entrepreneurs to large enterprises, as well as local governments and families. This venture capital fund supports businesses at various stages, providing funding to foster growth. With a commitment to social responsibility, each loan, investment, and insurance policy aims to create opportunities and contribute to a better world. Through the efforts of its dedicated employees, Belfius Bank strives to drive positive change for individuals and society daily.

1

Offices:

Brussels

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Brussels:

No data available

Blue Capital is a venture capital fund based in Brussels, investing in early-stage startups with high growth potential. With check sizes from €100,000 to €2 million, they support companies in technology, healthcare, and clean energy. Past investments include successful startups that have thrived under their guidance. Blue Capital combines financial expertise with a deep understanding of the entrepreneurial journey, aiming to add value beyond capital.

1

Offices:

Brussels

Investment Stage:

No data available

Check Size:

$100k - $500k

Industries:

No data available

Top investments in Brussels:

No data available