# Investors based in Benelux (2026 list)

> 3,080 investors based in Benelux, 6% active in the last 12 months. Led by True Ventures, European Investment Bank, European Commission.

Source: https://millionrounds.com/lists/investors-based-in-benelux (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Benelux

Updated 7 November 2026

Firms headquartered in Benelux, ordered by what we have observed them do.

[See all 3,080 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-benelux)The top 25

**3,080** investors on the list *+1* this week

**826** cheques in 12 months *-6%* against the market

**$8.8M** median round they joined *+10%* against the market median

**6%** wrote a cheque in 12 months

**5%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [True Ventures](https://millionrounds.com/fund/true-ventures-2) *Deploying now* VC firm · Netherlands **397** **$8.7M** median round **Oct 2026** last seen
- 2 [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) *Deploying now* Government · Luxembourg **246** **$37M** median round **Nov 2026** last seen
- 3 [European Commission](https://millionrounds.com/fund/european-commission) *Deploying now* VC firm · Belgium **160** **$2.8M** median round **Sept 2026** last seen
- 4 [Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) *Deploying now* VC firm · Luxembourg **136** **$7.2M** median round **Nov 2026** last seen
- 5 [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) *Deploying now* Private equity · Netherlands **134** **$88M** median round **Oct 2026** last seen
- 6 [N1](https://millionrounds.com/fund/n1) *Deploying now* VC firm · Luxembourg **134** **$1.4M** median round **Sept 2026** last seen
- 7 [Rockstart](https://millionrounds.com/fund/rockstart) *Deploying now* Accelerator · Netherlands **131** **$1.2M** median round **Sept 2026** last seen
- 8 [Rabobank](https://millionrounds.com/fund/rabobank) *Deploying now* Corporate VC · Netherlands **122** **$3.2M** median round **Nov 2026** last seen
- 9 [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) *Deploying now* VC firm · Netherlands **115** **$3.8M** median round **Jul 2026** last seen
- 10 [Runa Capital](https://millionrounds.com/fund/runa-capital) *Deploying now* VC firm · Luxembourg **107** **$7.5M** median round **Oct 2026** last seen
- 11 [Gimv](https://millionrounds.com/fund/gimv) quiet Private equity · Belgium **104** **$42M** median round **Dec 2019** last seen
- 12 [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) *Deploying now* Government · Belgium **91** **$4.9M** median round **Dec 2025** last seen
- 13 [PMV](https://millionrounds.com/fund/pmv) *Deploying now* Government · Belgium **85** **$3.6M** median round **Sept 2026** last seen
- 14 [Capricorn Partners](https://millionrounds.com/fund/capricorn-partners) *Deploying now* VC firm · Belgium **84** **$8.3M** median round **Oct 2026** last seen
- 15 [EIT Food RisingFoodstars](https://millionrounds.com/fund/eit-food-risingfoo) *Deploying now* Accelerator · Belgium **74** **$826K** median round **Oct 2026** last seen
- 16 [Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) *Deploying now* VC firm · Netherlands **72** **$18M** median round **Oct 2026** last seen
- 17 [EQT life science](https://millionrounds.com/fund/lsp-bioventures) quiet Private equity · Netherlands **66** **$16M** median round **Aug 2015** last seen
- 18 [FMO](https://millionrounds.com/fund/fmo) *Deploying now* Government · Netherlands **66** **$20M** median round **Oct 2026** last seen
- 19 [UNIIQ](https://millionrounds.com/fund/uniiq-finance-for-the-future) *Deploying now* Government · Netherlands **61** **$408K** median round **May 2026** last seen
- 20 [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) *Deploying now* VC firm · Netherlands **60** **$50M** median round **Oct 2026** last seen
- 21 [Maven 11 Capital](https://millionrounds.com/fund/maven-11) *Deploying now* VC firm · Netherlands **60** **$5.5M** median round **Sept 2026** last seen
- 22 [Thibaud Elziere](https://millionrounds.com/fund/thibaud-elziere) *Deploying now* VC firm · Belgium **59** **$3M** median round **Apr 2026** last seen
- 23 [Gilde Healthcare](https://millionrounds.com/fund/gilde-healthcare) *Deploying now* Private equity · Netherlands **56** **$37M** median round **Jun 2026** last seen
- 24 [Revo Capital](https://millionrounds.com/fund/revo-capital) *Deploying now* VC firm · Netherlands **56** **$4.8M** median round **Jul 2026** last seen
- 25 [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) *Deploying now* Corporate VC · Netherlands **54** **$185M** median round **Nov 2026** last seen

**3,055 more on this list**

All 3,080 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-benelux)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Lombard Systems](https://millionrounds.com/company/lombard-systems)** Seed · $4M *With* [Veris Digital](https://millionrounds.com/fund/veris-digital)
- **5** Nov **[Pure Data Centres Group](https://millionrounds.com/company/pure-data-centres-group)** Debt · $1.9B *With* [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing)
- **5** Nov **[Return](https://millionrounds.com/company/return)** Debt · $936M *With* [Rabobank](https://millionrounds.com/fund/rabobank)
- **5** Nov **[Mindmax](https://millionrounds.com/company/mindmax)** Seed · $3.3M *With* [Daybreak Ventures](https://millionrounds.com/fund/daybreak-ventures)
- **5** Nov **[Anaheim Bio](https://millionrounds.com/company/anaheim-bio)** Series A · $45M *With* [Droia Ventures](https://millionrounds.com/fund/droia-ventures)
- **5** Nov **[VÆRIDION](https://millionrounds.com/company/v-ridion)** Series A · $34M *Led by* [Invest-NL](https://millionrounds.com/fund/invest-nl)

## Stages This Year

672 rounds

- Seed **23%**
- Series A **17%**
- Venture **12%**
- Debt **9%**
- Series B **8%**
- Other **31%**

## What They Backed

Sectors, last 12 months

- AI **194**
- Biotech **83**
- Healthcare **59**
- Energy **59**
- Fintech **46**
- Cleantech **36**

## Cheques by Quarter

Led Joined

228 Q1 25

221 Q2 25

239 Q3 25

284 Q4 25

205 Q1 26

221 Q2 26

189 Q3 26

80 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in North America 78,049](https://millionrounds.com/lists/investors-based-in-north-america)
- [Investors based in Europe 28,058](https://millionrounds.com/lists/investors-based-in-europe)
- [Investors based in Asia 14,754](https://millionrounds.com/lists/investors-based-in-asia)
- [Investors based in the Middle East 5,562](https://millionrounds.com/lists/investors-based-in-middle-east)
- [Investors based in MENA 5,379](https://millionrounds.com/lists/investors-based-in-mena)
- [Investors based in Latin America 3,985](https://millionrounds.com/lists/investors-based-in-latam)
- [Investors based in Southeast Asia 3,496](https://millionrounds.com/lists/investors-based-in-southeast-asia)
- [Investors based in Africa 3,447](https://millionrounds.com/lists/investors-based-in-africa)
- [Investors based in Oceania 2,972](https://millionrounds.com/lists/investors-based-in-oceania)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Benelux

### Who are the most active investors based in Benelux?

By cheques observed, the most active are True Ventures, European Investment Bank, European Commission, Mangrove Capital Partners and Forbion Capital Partners.

### How many investors based in Benelux are there?

3,080 are on record. 6% made an investment in the last 12 months and 5% have led a round.

### Which stages do investors based in Benelux back?

Of the rounds with a named stage in the last 12 months, mostly Seed (29%) and Series A (22%).

### How big are the rounds investors based in Benelux join?

The typical (median) round among the leading investors here is $7.2M.

### Which sectors do investors based in Benelux back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

### Which investors based in Benelux lead the most rounds?

Prosus Ventures (21 led), Capricorn Partners (19 led) and True Ventures (12 led).

### What have investors based in Benelux invested in recently?

Recent rounds include Lombard Systems (Seed, Nov 2026, with Veris Digital), Pure Data Centres Group (Debt, Nov 2026, with ABN AMRO Fund) and Return (Debt, Nov 2026, with Rabobank).

### How is this list of investors based in Benelux ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
