# Gemma Frisius Fund: portfolio, investments and team

> Gemma Frisius Fund is a vc firm based in Belgium. 3 investments on record, latest Sept 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/gemma-frisius-fund (Millionrounds; every figure on the page links to its filing or article)

Belgium · [Investor](https://millionrounds.com/investors)

# Gemma Frisius Fund

Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series B Series A Robotics Software

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **412** days **00** hrs **00** min **00** sec

Median round **$8.3M** Rounds led **0 of 3**

Pitch Gemma Frisius Fund

## Gemma Frisius Fund highlights

- 01 3 rounds on record
- 02 Mostly Series B and Series A: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Robotics Software
- **Based in:** Belgium
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2025** 1 round
- **Sept** **[Aspect Analytics](https://millionrounds.com/company/aspect-analytics)** Series A · BE · Capricorn Partners **$12M** With 4 others
- **2021** 1 round
- **Apr** **[REIN4CED NV](https://millionrounds.com/company/rein4ced-nv)** Series B · BE · Capricorn Partners **$8.3M** With 5 others
- **2020** 1 round
- **May** **[ViroVet NV](https://millionrounds.com/company/virovet-nv)** Series B · BE · Capricorn Partners **$6.6M** With 7 others

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 cheque

Series B Series A

Median round joined **$8.3M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2025

Rounds by stage said on their site

- Series B *2*
- Series A *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) 3
- [PMV](https://millionrounds.com/fund/pmv) 2
- [University of Leuven](https://millionrounds.com/fund/ku-leuven) 2

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## Who they invest alongside

The investors most often in the same rounds as Gemma Frisius Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Capricorn Partners** VC firm **3** rounds together](https://millionrounds.com/fund/capricorn-partners)[**PMV** Government **2** rounds together](https://millionrounds.com/fund/pmv)[**University of Leuven** VC firm **2** rounds together](https://millionrounds.com/fund/ku-leuven)

## Recently backed

The latest companies Gemma Frisius Fund put money into.

[**Aspect Analytics** $12M · Sept 2025](https://millionrounds.com/company/aspect-analytics)

## Quick answers about Gemma Frisius Fund

### What does Gemma Frisius Fund invest in?

Gemma Frisius Fund invests most often at Series B and Series A (100% of the rounds on record), in sectors such as Robotics and Software.

### How active is Gemma Frisius Fund?

3 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2025.

### What has Gemma Frisius Fund invested in recently?

Its most recent investments on record: Aspect Analytics (Series A, Sept 2025), REIN4CED NV (Series B, Apr 2021) and ViroVet NV (Series B, May 2020).

### How big are Gemma Frisius Fund's cheques?

The median round it joins is $8.3M.

### Is Gemma Frisius Fund investing now?

No investments in the last 12 months; the latest was in Sept 2025.

### Who does Gemma Frisius Fund invest alongside?

Most often Capricorn Partners (3 rounds together), PMV (2 rounds together) and University of Leuven (2 rounds together).

### What kind of investor is Gemma Frisius Fund?

Gemma Frisius Fund is a VC firm based in Belgium.

### Where does this information on Gemma Frisius Fund come from?

From 3 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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