Brussels is a solid place for founders to find funding, with a mix of active investors. Firms like PMV have backed over 130 companies, while E-Merge has seen more than 20 of its startups exit.
This creates real opportunities for founders looking for the right fit. With several options available, it helps to know where to start.
Below is our list of the best 5 VC firms in Brussels.
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Buy It For $97 $297 →SmartFin backs exceptional B2B technology companies across Europe, specializing in sectors from fintech to enterprise SaaS. The firm supports founders from the earliest seed rounds through later growth stages, helping build category leaders like the database company MariaDB.
| Year Founded | 2014 |
| Founders | Bart Luyten, Jürgen Ingels, Mark Ziering, PHILIPPE MAUCHARD, Thomas Depuydt, Wim De Waele |
| Total Funding | €380M |
| Average Check Size | €25M |
| Industries | Fintech, Big Data & Analytics, Enterprise, SaaS |
| Investment Stage | Early Stage, Late Stage, Private Equity, Seed |
| Nº of Investments | 44 (19 as Lead Investor) |
| Nº of Exits | 9 (1 IPO'd) |
| Top Portfolio Startups | MariaDB, Zivver, Silverfin |
| Contact | info@smartfinvc.com |
As a European venture capital firm, Tioga Capital Partners backs early-stage blockchain companies from their initial seed rounds. They frequently act as the lead investor, helping to build the next generation of decentralized infrastructure and applications.
| Year Founded | 2019 |
| Founders | — |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 30 (15 as Lead Investor) |
| Nº of Exits | 1 |
In partnership with the Flemish government, PMV finances promising companies to shape the region's economic future. They support businesses at every stage of growth, from their first day to international expansion, to ensure every viable enterprise in Flanders can secure the funding it needs to succeed.
| Year Founded | 2001 |
| Founders | — |
| Investment Stage | Convertible Note, Debt, Early Stage, Late Stage, Secondary Market, Seed |
| Nº of Investments | 138 (34 as Lead Investor) |
| Nº of Exits | 21 (5 IPO'd) |
| Contact | info@pmv.eu / 02 229 52 30 |
E-Merge provides seed and Series A funding for technology startups in sectors ranging from e-commerce tools and online payments to commercial space. As a firm founded by entrepreneurs, they distinguish themselves by making rapid decisions and providing hands-on support to help founders overcome early-stage challenges.
| Year Founded | 1998 |
| Founders | Grégory Hédo, Laurent Drion |
| Investment Stage | Convertible Note, Early Stage, Seed |
| Nº of Investments | 66 (5 as Lead Investor) |
| Nº of Exits | 24 (2 IPO'd) |
| Contact | info@emerge.be / 144432 1310 |
Scale II backs Belgian scale-ups like Wooclap, providing growth capital for companies with proven products and international ambitions. Beyond funding, they connect portfolio companies with a broad network of entrepreneurs and corporate partners to help them scale globally.
| Year Founded | 2017 |
| Founders | claire munck |
| Total Funding | €8M |
| Average Check Size | €1M |
| Industries | SaaS, DTC, Big Data & Analytics, Developer Tools, AI & ML, Education |
| Investment Stage | Early Stage, Late Stage |
| Nº of Investments | 5 |
| Nº of Exits | 1 |
| Top Portfolio Startups | Dgenious, Aquilon Pharmaceuticals, Wooclap |
| Contact | info@scale-fund.com |