# Capricorn Partners: portfolio, investments and team > Capricorn Partners is a vc firm based in Belgium. 84 investments on record, 10 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/capricorn-partners (Millionrounds; every figure on the page links to its filing or article) Belgium · [Investor](https://millionrounds.com/investors) # Capricorn Partners Last cheque observed Oct 2026; 84 cheques on record. Email Deploying now New fund, Nov 2025 VC firm Seed Series A Growth Digital Health Clean Technologies Follow Capricorn Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcapricorn-partners) Deploying now **83%** of best year **10** **cheques in 12 months**, 84 on record Since the last cheque **3** days **00** hrs **00** min **00** sec Median round **$8.3M** Rounds led **19 of 84** Sole investor **10 rounds** Exits **2 from the portfolio** Mostly in **Belgium, 49%** Pitch Capricorn Partners ## Capricorn Partners highlights - 01 10 cheques in the last 12 months - 02 Mostly Series A and Series B: 52% of its rounds - 03 Sole investor in 10 rounds, median $3.4M - 04 2 exits from the portfolio ## What they do > Capricorn Partners is a unique independent manager of venture capital funds & Quest for Growth with a focus on innovative companies that use technology as a competitive advantage. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Growth - **Sectors:** Digital Health Clean Technologies - **Based in:** Leuven, Belgium - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **84 appearances** - **2026** 8 rounds - **Oct** **[DMC Biotechnologies](https://millionrounds.com/company/dmc-biotechnologies)** US · Capricorn Partners **$18M** With 4 others - **Sept** **[HighLife](https://millionrounds.com/company/highlife)** Growth · Capricorn Partners **$90M** With 12 others - **Jul** **[Endo Tools Therapeutics](https://millionrounds.com/company/endo-tools-therapeutics)** Series C · BE · Capricorn Partners **$23M** *Led* - **May** **[Trillium Renewable Chemicals](https://millionrounds.com/company/trillium-renewable-chemicals)** Series B · US · Capricorn Partners **$13M** With 2 others - **Apr** **[Rocsys](https://millionrounds.com/company/rocsys)** Series A · NL · Capricorn Partners **$13M** *Led* - **Apr** **[CONXAI](https://millionrounds.com/company/conxai)** Series A · DE **$5.8M** With 2 others - **Feb** **[Oska Health](https://millionrounds.com/company/oska-health)** Seed · DE · Capricorn Partners **$13M** *Led* - **Feb** **[Xyall](https://millionrounds.com/company/xyall)** NL · Capricorn Partners **$9.0M** *Led* - **2025** 9 rounds - **Dec** **[Trendtracker](https://millionrounds.com/company/trendtracker)** Series A · BE · Capricorn Partners **$7.0M** With 2 others - **Nov** **[Azumuta](https://millionrounds.com/company/azumuta)** Series A · BE · Capricorn Partners **$9.3M** With 4 others - **Oct** **[DAB.bio](https://millionrounds.com/company/dab-bio)** NL · Capricorn Partners **Undisclosed** With 4 others - **Oct** **[Confo Therapeutics](https://millionrounds.com/company/confo-therapeutics)** Grant · BE **$1.2M** With 3 others - **Oct** **[Delft Advanced Biorenewables](https://millionrounds.com/company/delft-advanced-biorenewables)** Venture · NL **Undisclosed** With 1 other - **Sept** **[Aspect Analytics](https://millionrounds.com/company/aspect-analytics)** Series A · BE · Capricorn Partners **$12M** *Led* - **May** **[VoxelSensors](https://millionrounds.com/company/voxelsensors)** Grant · BE **$73K** With 3 others - **Apr** **[Gradyent](https://millionrounds.com/company/gradyent)** Series B · NL · Capricorn Partners **$31M** With 5 others - **Jan** **[InsectSense](https://millionrounds.com/company/insectsense)** Pre-seed · NL · Capricorn Partners **$916K** *Led* - **2024** 4 rounds - **Oct** **[Econic Technologies](https://millionrounds.com/company/econic-technologies)** GB · Capricorn Partners **Undisclosed** With 7 others - **Oct** **[Minze Health](https://millionrounds.com/company/minze-health)** Series A · BE · Capricorn Partners **$5.3M** With 4 others - **Sept** **[Thryve](https://millionrounds.com/company/thryve)** Series A · DE · Capricorn Partners **$4.4M** *Led* - **May** **[Qpinch](https://millionrounds.com/company/qpinch)** Growth · BE · Capricorn Partners **$6.5M** *Led* - **2023** 4 rounds - **Jul** **[Bingli](https://millionrounds.com/company/bingli)** Venture · BE **Undisclosed** Sole investor - **May** **[VoxelSensors](https://millionrounds.com/company/voxelsensors)** Seed · BE · Capricorn Partners **$5.4M** *Led* - **Mar** **[icometrix](https://millionrounds.com/company/icometrix)** Venture · BE **Undisclosed** With 1 other - **Jan** **[Chainels](https://millionrounds.com/company/chainels)** Series A · NL · Capricorn Partners **$3.3M** With 1 other - **2022** 8 rounds - **Dec** **[Trillium Renewable Chemicals](https://millionrounds.com/company/trillium-renewable-chemicals)** Series A · US · Capricorn Partners **$11M** With 2 others - **Dec** **[Minze Health](https://millionrounds.com/company/minze-health)** Growth · BE · Capricorn Partners **$4.1M** With 2 others - **Dec** **[fruitcore robotics](https://millionrounds.com/company/fruitcore-robotics)** Series B · DE **$25M** With 3 others - **Nov** **[neotiv](https://millionrounds.com/company/neotiv)** Pre-seed · DE · Capricorn Partners **$10M** *Led* - **Oct** **[Bingli](https://millionrounds.com/company/bingli)** Series A · BE · Capricorn Partners **$5.3M** *Led* - **Jul** **[StoryChief](https://millionrounds.com/company/storychief)** BE · Capricorn Partners **$3.5M** *Led* - **Jul** **[Finquest](https://millionrounds.com/company/finquest)** Seed · SG **$5.5M** Sole investor - **May** **[Zozio](https://millionrounds.com/company/zozio)** Series A · FR · Capricorn Partners **$4.2M** *Led* - **2021** 7 rounds - **Dec** **[DMC Biotechnologies](https://millionrounds.com/company/dmc-biotechnologies)** Series B · BE · Capricorn Partners **$34M** With 8 others - **Oct** **[DEO](https://millionrounds.com/company/deo)** Series A · BE · Capricorn Partners **$4.2M** *Led* - **Sept** **[Qpinch](https://millionrounds.com/company/qpinch)** Growth · BE · Capricorn Partners **$12M** *Led* - **Sept** **[Qpinch](https://millionrounds.com/company/qpinch)** Series B · BE **$17M** Sole investor - **Aug** **[EclecticIQ](https://millionrounds.com/company/eclecticiq)** Venture · NL **$3.5M** With 2 others - **May** **[Black Bear Carbon](https://millionrounds.com/company/black-bear-carbon)** NL · Capricorn Partners **$9.1M** *Led* - **Apr** **[REIN4CED NV](https://millionrounds.com/company/rein4ced-nv)** Series B · BE · Capricorn Partners **$8.3M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **24** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. Who backs their funds ## 11 LPs on record in Capricorn Partners's funds - **Funds:** 5 The institutions that put money into its funds, which the firm then invests in companies. Source: fund news. - [**PMV** 3 funds](https://millionrounds.com/fund/pmv) Fund Vintage Committed Capricorn Venture Partners Capricorn Digital Growth Fund - - Capricorn Partners Capricorn Healthtech Fund II - - Capricorn Partners Capricorn Health-tech Fund II - - - [**Quest for Growth** 3 funds](https://millionrounds.com/fund/quest-for-growth) Fund Vintage Committed Capricorn Partners Capricorn Healthtech Fund II - - Capricorn Venture Partners Capricorn Digital Growth Fund - - Capricorn Partners Capricorn Health-tech Fund II - - - [**Invest-NL** 2 funds](https://millionrounds.com/fund/invest-nl) Fund Vintage Committed Capricorn Partners Capricorn Healthtech Fund II - - Capricorn Partners Capricorn Health-tech Fund II - - - [**Sensinnovat** 2 funds](https://millionrounds.com/fund/sensinnovat) Fund Vintage Committed Capricorn Partners Capricorn Healthtech Fund II - - Capricorn Partners Capricorn Health-tech Fund II - - - [**finance.brussels** 2 funds](https://millionrounds.com/fund/finance-and-invest-brussels) Fund Vintage Committed Capricorn Partners Capricorn Healthtech Fund II - - Capricorn Partners Capricorn Health-tech Fund II - - - [**FPIM** 1 fund](https://millionrounds.com/fund/fpim) Fund Vintage Committed Capricorn Venture Partners Capricorn Digital Growth Fund - - - [**University of Leuven** 1 fund](https://millionrounds.com/fund/ku-leuven) Fund Vintage Committed Capricorn Venture Partners Capricorn Digital Growth Fund - - - [**OostNL** 1 fund](https://millionrounds.com/fund/oost-nl) Fund Vintage Committed Capricorn Partners Capricorn Healthtech Fund II - - - [**SCG** 1 fund](https://millionrounds.com/fund/scg) Fund Vintage Committed Capricorn Venture Partners Capricorn Sustainable Chemistry Fund - - - [**DSM Venturing** 1 fund](https://millionrounds.com/fund/dsm-venturing) Fund Vintage Committed Capricorn Partners Capricorn Industrial Biotech Fund - - - [**InnovationQuarter** 1 fund](https://millionrounds.com/fund/innovation-quarter) Fund Vintage Committed Capricorn Partners Capricorn Industrial Biotech Fund - - ## What they claim to have backed From their own portfolio page (on their website) **0** of 1 we have independently watched raise Crafted by Brigada Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## Exits from the portfolio Companies it backed that were later bought or listed **2 in all** **[Mendel Biotechnology](https://millionrounds.com/company/mendel-biotechnology)** Bought by [Koch Agronomic Services](https://millionrounds.com/fund/koch-agronomic-services) **Undisclosed** Dec 2014 **[Fluxome](https://millionrounds.com/company/fluxome)** Bought by Evolva **Undisclosed** Nov 2012 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **Raised** a new fund in Nov 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Growth Median round joined **$8.3M** the round, not its cheque Alone, median **$3.4M** Led 19 of 84 rounds **23%** - **Sole investor:** 10 rounds - **Last cheque:** Oct 2026 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Series A said *19* - Series B *17* - Venture *16* - Series C *6* - Growth said *6* - Seed said *5* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) 8 - [Oxford Capital Partners](https://millionrounds.com/fund/oxford-capital) 5 - [PMV](https://millionrounds.com/fund/pmv) 5 - [Gimv](https://millionrounds.com/fund/gimv) 4 - [Morningside Group](https://millionrounds.com/fund/morningside) 4 - [Seventure Partners](https://millionrounds.com/fund/seventure-partners) 4 **Pitching Capricorn Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Capricorn Partners. A count of rooms they were both in, not a relationship either has claimed. [**Sofinnova Partners** VC firm **8** rounds together](https://millionrounds.com/fund/sofinnova-partners)[**Oxford Capital Partners** VC firm **5** rounds together](https://millionrounds.com/fund/oxford-capital)[**PMV** Government **5** rounds together](https://millionrounds.com/fund/pmv)[**Gimv** Private equity **4** rounds together](https://millionrounds.com/fund/gimv)[**Morningside Group** VC firm **4** rounds together](https://millionrounds.com/fund/morningside)[**Seventure Partners** VC firm **4** rounds together](https://millionrounds.com/fund/seventure-partners)[**Aescap** Government **3** rounds together](https://millionrounds.com/fund/aescap)[**Auriga Partners** VC firm **3** rounds together](https://millionrounds.com/fund/auriga-partners)[**European Investment Bank** Government **3** rounds together](https://millionrounds.com/fund/european-investment-bank)[**Gemma Frisius Fund** VC firm **3** rounds together](https://millionrounds.com/fund/gemma-frisius-fund)[**Qbic Fund** VC firm **3** rounds together](https://millionrounds.com/fund/qbic-fund)[**VI Partners** VC firm **3** rounds together](https://millionrounds.com/fund/vi-partners) ## Recently backed The latest companies Capricorn Partners put money into. [**DMC Biotechnologies** $18M · Oct 2026](https://millionrounds.com/company/dmc-biotechnologies)[**HighLife** $90M · Sept 2026](https://millionrounds.com/company/highlife)[**Endo Tools Therapeutics** $23M · Jul 2026](https://millionrounds.com/company/endo-tools-therapeutics)[**Trillium Renewable Chemicals** $13M · May 2026](https://millionrounds.com/company/trillium-renewable-chemicals)[**Rocsys** $13M · Apr 2026](https://millionrounds.com/company/rocsys)[**CONXAI** $5.8M · Apr 2026](https://millionrounds.com/company/conxai) ## Quick answers about Capricorn Partners ### What does Capricorn Partners invest in? Capricorn Partners invests most often at Series A and Series B (52% of the rounds on record), in sectors such as Digital, Health and Clean Technologies. ### How active is Capricorn Partners? 84 investments on record, 10 of them in the last 12 months, and it led 19. The most recent was in Oct 2026. ### What has Capricorn Partners invested in recently? Its most recent investments on record: DMC Biotechnologies (Oct 2026), HighLife (Growth, Sept 2026) and Endo Tools Therapeutics (Series C, Jul 2026). ### How big are Capricorn Partners's cheques? The median round it joins is $8.3M. ### Does Capricorn Partners lead rounds? Yes: it led 19 of its 84 investments on record (23%). ### Where does Capricorn Partners invest? Most of the companies it backs are in Belgium (49%), the Netherlands (23%) and Germany (13%). ### Is Capricorn Partners investing now? Yes: it is actively investing, with 10 investments in the last 12 months. ### Who does Capricorn Partners invest alongside? Most often Sofinnova Partners (8 rounds together), Oxford Capital Partners (5 rounds together) and PMV (5 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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