Venture Capital Firms in Belgium

6 Degrees Capital is a European venture capital firm specializing in early-stage investments, primarily focusing on fintech and SaaS companies. Founded in 2022 and headquartered in Brussels, Belgium, the firm targets startups from Seed to Series B rounds, typically investing between €1 million and €5 million initially, with options for follow-on funding. Their investment philosophy emphasizes backing disruptive technologies that solve genuine customer problems and demonstrate strong unit economics and scalability. The firm is led by a team of experienced investors with backgrounds in top financial institutions and venture capital, including managing partners Filip Coen and Wouter Volckaert, who previously worked together at Force Over Mass Capital. 6 Degrees Capital combines deep sector expertise with a hands-on approach, supporting founders not only with capital but also strategic guidance and operational support across Europe and select emerging markets. 6 Degrees Capital’s portfolio spans fintech, enterprise software, AI, insurtech, cloud computing, and emerging sectors like Web3 and metaverse technologies. They invest primarily in European countries such as the UK, Germany, Spain, Switzerland, and Belgium, while also supporting companies expanding into Latin America, Africa, and Asia. The firm values transparency and clear communication, sharing insights and research through their blog and Substack to engage with the broader startup ecosystem.

Astanor Ventures is a European impact venture capital firm headquartered in Brussels, Belgium, dedicated to transforming the global agrifood system. The firm invests at the intersection of planetary and human health, leveraging food and agricultural systems as primary drivers for long-term resilience. Astanor backs ambitious entrepreneurs developing globally scalable solutions that aim to create systemic change across the entire agrifood value chain, from 'soil and sea to gut'. Their investment focus spans sustainable agriculture, sustainable food, food as medicine, waste and circularity, enabling technologies, and sustainable materials.Founded in 2017, Astanor Ventures was an early pioneer in the agrifood tech space. The firm was established with a mission to address critical environmental challenges while delivering strong financial returns through long-term innovation. With €800 million in capital raised, Astanor employs two complementary strategies, Astanor Venture and Astanor Growth, to provide comprehensive support to businesses from seed to growth stages.Astanor's portfolio includes over 50 companies, with notable investments in areas such as AI-powered indoor agriculture (Source Ag), plant-based nutrition (Plantible), solutions for microplastic pollution (Calyxia), and regenerative agriculture technologies (Monarch). The firm actively supports companies that contribute to climate transition, nature positivity, resource efficiency, and social and health enhancements, with a focus on measurable impact outcomes across six key performance indicators, including CO2e avoided, land use avoided, and healthy products sold.The Astanor team comprises over 20 experienced professionals from 10 nationalities, with offices in Europe and the US. This diverse team brings a blend of investment, operational, and scientific expertise, providing hands-on strategic and commercial support to founders. Key team members include Senior Managing Partner Eric Archambeau and Managing Partners Hans Marteau and Hendrik Van Asbroeck, alongside a robust team of partners, operational partners, and advisors with a proven track record of scaling companies and driving impactful change in the agrifood sector.

Droia Ventures is a Europe-based venture capital firm that invests globally in young drug‑development companies focused exclusively on therapeutics for oncology and genetic diseases, backing programs and platforms that aim for meaningful clinical breakthroughs and patient benefit.The firm combines capital with in‑house drug development expertise and an operational, hands‑on model: Droia actively scouts science and teams, creates companies, provides Droia Labs as a scientific arm for idea validation, and its investment and development professionals often take interim roles to accelerate portfolio companies from creation through clinical proof of concept.Droia’s portfolio and activity include multiple platform and program investments and the firm runs dedicated funds, pursuing follow-on rounds and exits for therapeutic companies. It has a focused interest in venture capital, particularly in early-stage drug development companies within the therapeutics sector.

Gryphion is the single-family office of Rob Thielen, the founder and chairman of Waterland Private Equity, a major European investment firm. Based in Amsterdam, Netherlands, Gryphion serves as the private investment platform for the Thielen family, overseeing a portfolio that spans private equity, real estate, venture capital, and philanthropic interests. Gryphion was established to manage and preserve the wealth accumulated from Thielen’s career in private equity, particularly following the success of Waterland, which has grown into one of Europe’s most respected and high-performing private equity firms. With a strong background in mid-market buyouts and growth investments, Thielen brings a rigorous and strategic mindset to Gryphion’s capital allocation decisions. The office operates with a long-term investment horizon, seeking opportunities that combine stable returns with social and economic value creation. Gryphion’s portfolio includes direct investments in high-growth companies, co-investments alongside institutional funds, and diversified allocations across asset classes. It also maintains a presence in impact investing, with a focus on sustainability, education, and innovation. In addition to investment activities, Gryphion supports philanthropic endeavors aligned with the Thielen family's values. These include contributions to cultural institutions, academic research, and community development initiatives both in the Netherlands and internationally. Gryphion maintains a lean structure, relying on a small team of experienced professionals and strategic advisors. The family office emphasizes privacy and discretion, operating largely out of the public eye while maintaining strong governance and disciplined risk management practices. As a modern European family office, Gryphion reflects the blend of entrepreneurial success and responsible capital stewardship. It embodies the next phase of wealth management for one of Europe’s most successful private equity figures, with a focus on legacy, purpose, and long-term value.

Ivesta Family Office is a multi-family office firm established in 2017, dedicated to providing comprehensive wealth management and advisory services to entrepreneurs. The firm distinguishes itself through a model built on independence, transparency, and a strong alignment of interests with its clients. Ivesta fosters a community of entrepreneurs, leveraging collective strength to serve individual needs and accelerate knowledge sharing and synergies.The firm was co-founded in 2017 by Olivier Duha, Pierre-Marie De Forville, and Remi Douchet, with Ariane Darmon also identified as a co-founder. Their vision was to create a family office that resonates with the entrepreneurial spirit, enabling clients to manage their assets with the same strategic acumen they apply to their businesses. Ivesta has grown to advise over 100 entrepreneurs, managing approximately €6 billion in assets.Ivesta Family Office invests across various asset classes, including Private Equity, Venture Capital, Real Estate, Private Debt, and Infrastructure. Their investment focus spans several key sectors such as Financial Services & Fintech, Technology, Software & Gaming, Agriculture, Agribusiness & Agtech, and Blockchain. Within these sectors, they target subsectors like SaaS, Marketplaces, Blockchain, Web3, FoodTech, and Fintech. The firm engages in venture capital investments across Seed, Series A, Series B, Series C, and Growth stages. Ivesta is also a mission-driven company since 2021 and a Certified B Corporation since 2023, reflecting its commitment to sustainable practices and positive societal impact.The team at Ivesta Family Office comprises dedicated professionals, including Family Partners, Family Officers, and Family Data Keepers, who work in trios to ensure long-term, trusting relationships with clients. The firm also offers concierge services to handle administrative and real estate matters. Investment analysts are responsible for selecting, analyzing, and monitoring investments across financial markets and private markets, benefiting from the firm's independent model. The team's diverse backgrounds and collaborative spirit are central to Ivesta's approach to client service.

Lombard Odier is an independent Swiss banking group with a rich history dating back to 1796. The firm operates as a global wealth and asset manager, serving both private and institutional clients. Their core offerings encompass private banking, comprehensive wealth management, and sophisticated asset management solutions. A distinctive aspect of Lombard Odier's approach is its strong emphasis on sustainable investing, aiming to align client objectives with positive environmental and social outcomes.Founded in Geneva, Switzerland, Lombard Odier has maintained its independence through a unique partnership model, where the firm is wholly owned and managed by its Senior Managing Partners. This structure fosters a long-term perspective and a client-centric approach, allowing for stability and continuity across generations. The firm has consistently evolved, integrating cutting-edge banking technology not only for its own operations but also offering these solutions to other financial institutions.While Lombard Odier focuses on a broad range of traditional and alternative investments, specific notable investments or portfolio companies are not publicly highlighted in the provided information, as their primary business revolves around managing client wealth and assets rather than direct venture capital investments in specific startups. Their investment strategies span various asset classes, including private equity, real estate, infrastructure, and natural resources, often with a sustainable lens.The team at Lombard Odier comprises experienced professionals across wealth management, asset management, and technology. The firm emphasizes a culture of excellence, innovation, respect, integrity, and teamwork. With a global presence across more than 25 offices in 19 jurisdictions, their experts provide local expertise combined with an international outlook, ensuring tailored solutions and a deep understanding of diverse market dynamics for their discerning clientele.

Sofina is a Belgian investment company with a history dating back to 1898, originally founded as an engineering conglomerate. Today, it operates as a family-run and controlled investment firm listed on Euronext Brussels. Sofina invests patient capital in growing companies managed by like-minded entrepreneurs and families, aiming to create enduring value through long-term partnerships.The company employs three complementary investment styles: Sofina Direct (long-term minority investments), Sofina Growth (investments in fast-growing businesses), and Sofina Private Funds (venture and growth capital funds). Its portfolio spans multiple sectors including consumer and retail, digital transformation, education, healthcare and life sciences, and sustainable supply chains, with a focus on backing companies in Europe, Asia, and the United States.With approximately 85 employees across offices in Brussels, Luxembourg, London, and Singapore, Sofina manages a diversified portfolio with a market capitalization of around EUR 9.59 billion (approx. USD 10.3 billion). The firm typically holds minority stakes, seeks board representation, and maintains investments for 10 to 12 years, supporting growth, acquisitions, and shareholder liquidity.

Software Holding & Finance (SHF) is a Belgian venture capital firm that historically focused on seed and early-stage investments. The firm targeted local “emerging technology” companies, with interests spanning IT, software, and telecommunications, as well as biotechnology, pharmaceuticals, and new materials. SHF adopted a fairly hands-on approach, offering support to its portfolio companies in areas such as management, finance, accounting, legal, sales, and administration.Founded in 1996, Software Holding & Finance operates as a family office based in Aarschot, Belgium. While initially engaging in direct seed and early-stage investments, the firm has since shifted its strategy to primarily allocate capital through venture capital and private equity funds.Over its active investment period, Software Holding & Finance made investments in companies such as Arenco Pharmaceutica, Silicos, and CoWare. Their portfolio included companies in pharmaceuticals, biotechnology, and IT consulting and outsourcing. Tracxn also notes investments in sectors like Semiconductors, Industrial Goods and Manufacturing, Enterprise Applications, and Life Sciences, with notable acquisitions including AsicAhead and Xenics Infrared Solutions.Information regarding the specific expertise and backgrounds of individual team members at Software Holding & Finance was not readily available in the provided search results. The firm's operational model, particularly its hands-on support for startups in various business functions, suggests a team with diverse capabilities in management, finance, legal, and sales.

Temasek Holdings is a global investment company wholly owned by the Government of Singapore, operating with a long-term investment horizon. The firm strategically invests across a diverse portfolio, guided by four key structural trends: Digitisation, Sustainable Living, Future of Consumption, and Longer Lifespans. Its investment focus spans a broad range of sectors including technology, life sciences, agri-food, consumer, financial services, telecommunications, transportation, industrials, real estate, and energy, aiming to deliver sustainable returns over time.Incorporated on June 25, 1974, Temasek was initially established by the Singapore Ministry of Finance to commercially manage a portfolio of government-owned companies. This strategic move allowed the Singapore Government to concentrate on its core roles of policymaking and regulation. Over five decades, Temasek has evolved from managing a local portfolio valued at S$354 million at inception to becoming a prominent global institutional investor with a significant international presence.Temasek holds significant stakes in various companies globally, reflecting its active and disciplined investment approach. Its portfolio includes major investments in publicly listed entities such as BlackRock, Visa, NVIDIA, Mastercard, and Alphabet. The firm has also made notable private investments in companies like Element Materials Technology, Impossible Foods, Flywire Corporation, DoorDash, Zomato, Pine Labs, and Lenskart. Additionally, Temasek co-created Decarbonization Partners with BlackRock, demonstrating its commitment to sustainable investments.The firm operates with a multinational staff of approximately 960 people, encompassing 32 nationalities, across 13 offices in 9 countries. Temasek's culture emphasizes personal accountability and continuous capability building, guided by its MERITT values: Meritocracy, Excellence, Respect, Integrity, Teamwork, and Trust. Its leadership team, including Executive Director & CEO Dilhan Pillay Sandrasegara, brings extensive experience in investment, portfolio management, and corporate law, ensuring a disciplined and forward-looking investment strategy.

VP Capital is an impact-driven investment firm and family office that aims to accelerate positive change for both the planet and society. The firm deploys its capital and network to invest in transformative solutions, focusing on sustainable progress for future generations. Their investment strategy is centered around addressing key global challenges such as biodiversity loss, climate change, and social inequality, by contributing to solutions that are bio-based, regenerative, toxicity-free, circular, net zero, and inclusive. VP Capital is also a certified B Corp, demonstrating its commitment to using business as a force for good.The roots of VP Capital trace back over 150 years to 1865, when Hendrik van Puijenbroek established Van Puijenbroek Textile. This pioneering textile company was known for its socially responsible approach, laying the foundation for the family's enduring commitment to positive impact. Over the generations, the enterprise evolved into the family office known today as VP Capital. In 2019, the firm formalized an impact-driven strategy, further intensifying its commitment in 2024 to prioritize impact at the forefront of every investment decision.VP Capital invests across various sectors, including agri-food, built environment, clean technology, energy, and textile. The firm allocates its managed assets to impactful companies such as Aquaporin, Accsys Technologies, Mosa Meat, Northvolt, Protix, Reflaunt, and OneThird. They also invest through impact funds in innovative enterprises. Recent investments include HULO (Artificial Intelligence), LC Engineers & Consultants (Construction and Engineering), Avantium (Industrial Chemicals), Integer Technologies (Alternative Energy Equipment), and RegenRate (Other Agriculture).The strength of VP Capital lies in its team of professionals, based in Belgium and the Netherlands. This team possesses extensive knowledge in business strategy, entrepreneurship, corporate finance, ESG, impact, financing, accountancy, and company valuations. The firm actively fosters valuable connections within its network, including other family offices and impact experts, to advance sustainable progress across its portfolio. VP Capital emphasizes an active and long-term investor approach, going beyond financial support to provide expertise and a broad network to its partners.

Wallonie Entreprendre (WE) is the public regional promotional institution for Wallonia, Belgium, acting as an economic and financial partner for businesses at all stages—from creation, growth, transfer, to recovery. Formed in 2023 through the merger of SOGEPA, SOWALFIN, and SRIW (originally founded as SOWALFIN in 2002), WE provides equity and debt financing, loans, guarantees, and non-financial support like awareness programs and advisory services to stimulate value creation, job growth, and sustainability in Wallonia. WE targets comprehensive expertise areas including Digital & Deeptech (AI, IoT, SaaS, blockchain, medtech), Energy & Circular Transition, Growth, Social & Cooperative Economy, International expansion, Life Sciences (pharma, biotech, diagnostics, CROs/CDMOs), Industrial Policy, Site Redevelopment, Turnaround (Retournement), Health Infrastructure, and Sale & Acquisition. It ensures compliance with social/environmental standards, supports energy/digital transitions, and co-invests with private partners to foster innovation and resilience across all sectors without preference. With over €4 billion invested, including €1.9B in major holdings, €1B in SMEs via investment companies, and €1.2B in capital/loans for industrial/services, WE guarantees bank loans (e.g., €354.8M outstanding supporting 4,200 SMEs), offers unique tools like subordinated/convertible loans up to tens of millions, and drives ecosystems in life sciences, aerospace, energy, and more to attract investment and ensure business continuity.