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Top 19 Venture Capital Firms in Luxembourg (2026)

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Luxembourg's reputation as a major financial hub isn't just for big banks. The country is also a solid place for founders to find venture capital.

You'll find some very active firms here, including Mangrove Capital Partners with over 175 investments and Bek Ventures with nearly 90.

Below is our list of the best 19 VC firms in Luxembourg.

Failory's Top 10 Picks

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Bek Ventures, formerly Earlybird Digital East Fund, invests in early-stage tech startups with roots in Emerging Europe and ambitions for global scale. Their investment track record includes some of the region's biggest successes, such as UiPath, Payhawk, and Peak, and the firm was named the top-performing VC globally since 2010.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded2013
Founders
Investment StageEarly Stage
Nº of Investments86 (48 as Lead Investor)
Nº of Exits8 (1 IPO'd)
Contactcontact@bekventures.com

Astanor Ventures invests in technology-focused entrepreneurs working to regenerate the food, agriculture, and ocean economy. By connecting capital with deep sector knowledge and a network of experts, they help companies like Planetary and Umiami build a more nourishing and regenerative food system.

HeadquartersLuxembourg, Luxembourg, Belgium
Year Founded2017
FoundersEric Archambeau, George Coehlo
Total Funding$325M
IndustriesAgriculture, Climate & Sustainability, DTC, Food & Beverage
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments65 (35 as Lead Investor)
Nº of Exits5
Top Portfolio StartupsPlanetary, Umiami, Melibio

The European Investment Fund improves access to finance for small and medium-sized businesses across Europe. They operate as a cornerstone investor in venture capital funds to attract private capital and cultivate the continent's startup ecosystem, particularly within the technology and life sciences sectors.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded1994
Founders
Investment StageDebt, Early Stage, Late Stage, Private Equity, Seed
Nº of Investments48 (18 as Lead Investor)
Nº of Exits6 (3 IPO'd)
ContactEdwardsarnold05@gmail.com
Equinox Logo

4. Equinox

Equinox operates as a private equity firm focused on the Italian mid-market, investing in small and medium-sized enterprises with high growth potential. They use their industrial foundations and exclusive network to source proprietary deals and help these companies scale.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded2001
FoundersSalvatore Mancuso
Investment StagePrivate Equity, Seed
Nº of Investments3 (1 as Lead Investor)
Nº of Exits
Contact+352-208-001-221

Maor Investments provides capital to Israeli technology companies that are already generating revenue and have a proven concept. The fund focuses on helping these post-revenue businesses scale their operations and prepare for the next stage of growth.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded2017
FoundersEric Elalouf, Philippe Guez, Philippe Guez
Investment StageEarly Stage, Late Stage
Nº of Investments30 (5 as Lead Investor)
Nº of Exits4 (1 IPO'd)

Adara Ventures backs ambitious, early-stage European founders building deep tech companies. Their portfolio is concentrated in sectors like cybersecurity, data applications, and cloud infrastructure, having supported companies such as AlienVault.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded2005
FoundersAlberto Gomez, Jesus Sainz, Nicolas Goulet
IndustriesCybersecurity, Deep Tech & Hard Science, Cloud, SaaS, Developer Tools, Devops
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments79 (40 as Lead Investor)
Nº of Exits13 (2 IPO'd)
Top Portfolio StartupsBigle Legal, Carevelo, Freeverse.Io
Contactinfo@adara.vc / +352 48 1828 3940
Satgana Logo

7. Satgana

Satgana invests in early-stage entrepreneurs building climate tech companies to foster a more sustainable, fair, and regenerative future. The firm provides strategic and operational assistance, including impact management and recruitment, to startups in fields ranging from food and agriculture to the circular economy.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded2020
FoundersAnil Maguru, Romain Diaz
Investment StageEarly Stage, Seed
Nº of Investments19 (4 as Lead Investor)
Nº of Exits
Contactromain@satgana.com

Expon Capital backs ambitious startups worldwide, from seed to late-stage, that are built on big ideas with the potential for exponential growth. The firm focuses on companies that can deliver both high financial returns and a positive societal impact, supporting them throughout their growth journey.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded2015
FoundersAlain Rodermann, Jerome Wittamer, Marc Gendebien, Rodrigo Sepulveda Schulz
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments63 (17 as Lead Investor)
Nº of Exits7 (1 IPO'd)
Contactinfo@exponcapital.com

As the first investor in companies like Skype and Wix, Mangrove Capital Partners backs bold, early-stage tech founders, primarily across Europe and Israel. The firm provides capital and hands-on advice to help software and internet startups turn ambitious ideas into category-defining businesses.

HeadquartersLuxembourg, Luxembourg, Luxembourg
Year Founded2000
FoundersHans-Jurgen Schmitz, Mark Tluszcz
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments178 (72 as Lead Investor)
Nº of Exits30 (3 IPO'd)
Contactdeals@mangrove.vc / +352 26 25 34 1

Vesalius Biocapital Partners backs European companies active in human health, investing in everything from early-stage projects to more developed ventures. They often take the lead investor role, seeking out companies with proprietary technology, strong IP, and a clear competitive edge based on solid data.

HeadquartersStrassen, Luxembourg, Luxembourg
Year Founded2007
FoundersJean-Christophe Renondin
Investment StageEarly Stage, Late Stage, Seed
Nº of Investments57 (24 as Lead Investor)
Nº of Exits9 (2 IPO'd)
Contactinfo@vesaliusbiocapital.com / +352 26 84 56 82

9 Additional Luxembourg VC Firms Worth Pitching

Our top picks are a great place to start, but they aren't the only investors funding startups in Luxembourg. The other firms on our list have collectively backed over 260 companies and seen nearly 40 of them through to an exit.

These funds invest across a variety of industries and company stages. Here’s a look at the other venture capital firms funding what's next in Luxembourg.

VC FirmYear FoundedNº InvestmentsNº Exits
Ceecat Capital logo Ceecat Capital201551
eco.business Fund logo eco.business Fund201421
Market One Capital logo Market One Capital2017576
Runa Capital logo Runa Capital201015426
Sweetwood Ventures logo Sweetwood Ventures
nfinitiv funding logo nfinitiv funding201743
Bullhound Capital logo Bullhound Capital6
Droia Ventures logo Droia Ventures2011362
Cloudberry Pioneer Investments logo Cloudberry Pioneer Investments3

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