# Nivelinvest: portfolio, investments and team

> Nivelinvest is a vc firm based in Belgium. 5 investments on record, 1 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

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

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

# Nivelinvest

Last cheque observed Sep 2026; 5 cheques on record.

Email

VC firm Deploying now

Pre-seed Seed Series A Enterprise Software Manufacturing Venture Capital & Private Equity

Follow Nivelinvest and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Finvest-bw)

Deploying now

**100%** of best year **1** **cheques in 12 months**, 5 on record

Since the last cheque **45** days **00** hrs **00** min **00** sec

Median round **$14M** Rounds led **0 of 5** Mostly in **Belgium, 100%**

Pitch Nivelinvest

## Nivelinvest highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Seed: 75% of its rounds

## What they do

> Le partenaire en capital à risque de votre projet d’entreprise au cœur du Brabant wallon. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Growth Buyout Debt
- **Sectors:** Enterprise Software Manufacturing Venture Capital & Private Equity
- **Based in:** Ottignies-Louvain-la-Neuve, Belgium
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2026** 1 round
- **Sept** **[Novadip Biosciences](https://millionrounds.com/company/novadip-biosciences)** BE · EU-Startups **$12M** With 7 others
- **2018** 1 round
- **Apr** **[A-Mansia](https://millionrounds.com/company/a-mansia)** Series A · BE · FinSMEs **$16M** With 5 others
- **2015** 1 round
- **Sept** **[Novadip Biosciences](https://millionrounds.com/company/novadip-biosciences)** Series A · BE **$31M** With 4 others
- **2012** 2 rounds
- **Mar** **[GreenWatt](https://millionrounds.com/company/greenwatt)** Venture · BE · finsmes.com **$7.9M** With 3 others
- **Jan** **[Keemotion](https://millionrounds.com/company/keemotion)** Seed · BE · vivesfund.com **$1.9M** With 1 other

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.

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 5 we have independently watched raise

[E-peas](https://millionrounds.com/company/e-peas) Axinesis Bvi Co2-neutral-label Idealisconsulting

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.

## The cheque

Pre-seed Seed Series A

Median round joined **$14M** the round, not its cheque

Led 0 of 5 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Series A said *2*
- Seed said *1*
- Venture *1*
- Pre-seed said *-*
- Growth said *-*
- Buyout said *-*
- Debt said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [VIVES Partners](https://millionrounds.com/fund/vives-partners) 3
- [New Science Venture](https://millionrounds.com/fund/new-science-ventures) 2
- [S.R.I.W.](https://millionrounds.com/fund/sriw) 2

**Pitching Nivelinvest?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**VIVES Partners** VC firm **3** rounds together](https://millionrounds.com/fund/vives-partners)[**New Science Venture** VC firm **2** rounds together](https://millionrounds.com/fund/new-science-ventures)[**S.R.I.W.** Government **2** rounds together](https://millionrounds.com/fund/sriw)

## Recently backed

The latest companies Nivelinvest put money into.

[**Novadip Biosciences** $12M · Sept 2026](https://millionrounds.com/company/novadip-biosciences)

## Quick answers about Nivelinvest

### What does Nivelinvest invest in?

Nivelinvest invests most often at Series A and Seed (75% of the rounds on record), in sectors such as Enterprise Software, Manufacturing and Venture Capital & Private Equity.

### How active is Nivelinvest?

5 investments on record, 1 of them in the last 12 months. The most recent was in Sept 2026.

### What has Nivelinvest invested in recently?

Its most recent investments on record: Novadip Biosciences (Undisclosed round, Sept 2026) and A-Mansia (Series A, Apr 2018).

### How big are Nivelinvest's cheques?

The median round it joins is $14M.

### Does Nivelinvest lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

### Where does Nivelinvest invest?

Most of the companies it backs are in Belgium (100%).

### Is Nivelinvest investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Nivelinvest invest alongside?

Most often VIVES Partners (3 rounds together), New Science Venture (2 rounds together) and S.R.I.W. (2 rounds together).

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