# SFPIM: portfolio, investments and team > SFPIM is a vc firm based in Belgium. 5 investments on record, 2 in the last 12 months, latest Feb 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/sfpim (Millionrounds; every figure on the page links to its filing or article) Belgium · [Investor](https://millionrounds.com/investors) # SFPIM Last cheque observed Feb 2026; 5 cheques on record. Email Deploying now VC firm Seed Series A Series B Infra Infrastructure Follow SFPIM and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fsfpim) Deploying now **100%** of best year **2** **cheques in 12 months**, 5 on record Since the last cheque **249** days **00** hrs **00** min **00** sec Median round **$9.4M** Rounds led **0 of 5** Mostly in **Belgium, 80%** Pitch SFPIM ## SFPIM highlights - 01 2 cheques in the last 12 months - 02 Mostly Growth and Series B: 80% of its rounds ## What they do > SFPIM is Belgium’s “Sovereign Wealth Fund”. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Infra Infrastructure - **Based in:** Brussel, Belgium - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **5 appearances** - **2026** 2 rounds - **Feb** **[Axelera AI](https://millionrounds.com/company/axelera-ai)** Series C · NL · TechStartups **$250M** With 9 others - **Jan** **[Xeryon](https://millionrounds.com/company/xeryon)** Growth · BE · Firms' own news pages **$9.4M** With 3 others - **2025** 1 round - **Feb** **[Fyteko](https://millionrounds.com/company/fyteko)** Series B · BE · Silicon Canals **$14M** With 6 others - **2024** 1 round - **May** **[Qpinch](https://millionrounds.com/company/qpinch)** Growth · BE · Capricorn Partners **$6.5M** With 5 others - **2023** 1 round - **Oct** **[Xeryon](https://millionrounds.com/company/xeryon)** Growth · BE · Firms' own news pages **$3.4M** With 2 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 team We hold **32** 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. Funds they back ## 1 fund commitment on record - **Managers:** 1 Every fund on record that it has committed money to, and the managers who invest it. Source: fund news. Managers it backs most - [Syndicate One 1 fund](https://millionrounds.com/fund/syndicate-one) Most recent commitments - [Syndicate One second fund](https://millionrounds.com/fund/syndicate-one) ## What they claim to have backed From their own portfolio page (on their website) **8** of 41 we have independently watched raise [Aboleris-pharma](https://millionrounds.com/company/aboleris-pharma)[Aphea](https://millionrounds.com/company/aphea-bio)[Astrid](https://millionrounds.com/company/astrid)[Atbtherapeutics](https://millionrounds.com/company/atb-therapeutics)[Banqup](https://millionrounds.com/company/banqup)[Univercells](https://millionrounds.com/company/univercells)[Voxelsensors](https://millionrounds.com/company/voxelsensors)[Xeryon](https://millionrounds.com/company/xeryon) Acapital Accessiapharma Addaxmotors Ageas Airbelgium Alpha-renewableenergy-fund Asco Aviapartner Becentral Becode Becover Bedal Belfius Belgiangrowthfund Cookiedatabase Dms-imaging Eyedpharma Geh Heranpartners Lita Minale Design Strategy Ninepointfive Safran-aero-boosters Troteclaser Umicore Univercellstech V-bio Vesaliusbiocapital Vivesfund Volta Wellington-partners Welvaartsfonds Whitefund 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 Seed Series A Series B Median round joined **$9.4M** the round, not its cheque Led 0 of 5 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Feb 2026 Rounds by stage said on their site - Growth said *3* - Series B said *1* - Series C *1* - Seed said *-* - Series A said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Torus Capital](https://millionrounds.com/fund/torus-capital) 2 **Pitching SFPIM?** 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 SFPIM. A count of rooms they were both in, not a relationship either has claimed. [**Torus Capital** VC firm **2** rounds together](https://millionrounds.com/fund/torus-capital) ## Recently backed The latest companies SFPIM put money into. [**Axelera AI** $250M · Feb 2026](https://millionrounds.com/company/axelera-ai)[**Xeryon** $9.4M · Jan 2026](https://millionrounds.com/company/xeryon)[**Fyteko** $14M · Feb 2025](https://millionrounds.com/company/fyteko)[**Qpinch** $6.5M · May 2024](https://millionrounds.com/company/qpinch) ## Quick answers about SFPIM ### What does SFPIM invest in? SFPIM invests most often at Growth and Series B (80% of the rounds on record), in sectors such as Infra and Infrastructure. ### How active is SFPIM? 5 investments on record, 2 of them in the last 12 months. The most recent was in Feb 2026. ### What has SFPIM invested in recently? Its most recent investments on record: Axelera AI (Series C, Feb 2026), Xeryon (Growth, Jan 2026) and Fyteko (Series B, Feb 2025). ### How big are SFPIM's cheques? The median round it joins is $9.4M. ### Does SFPIM lead rounds? Rarely, if at all: none of its 5 investments on record names it as the lead. ### Where does SFPIM invest? Most of the companies it backs are in Belgium (80%) and the Netherlands (20%). ### Is SFPIM investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### Who does SFPIM invest alongside? Most often Torus Capital (2 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. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=sfpim) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=sfpim)