# Investors based in Brussels (2026 list) > 145 investors based in Brussels, 9% active in the last 12 months. Led by EASME - EU Executive Agency for SMEs, PMV, Astanor Ventures. Source: https://millionrounds.com/lists/investors-based-in-brussels (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Brussels Updated 7 November 2026 Firms with an address in Brussels. A head office is a fact about the firm; where it invests is on its own page. [See all 145 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-brussels)The top 25 **145** investors on the list No change this week **41** cheques in 12 months *-29%* against the market **$12M** median round they joined *+45%* against the market median **9%** wrote a cheque in 12 months **8%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (11) - 1 [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 - 2 [PMV](https://millionrounds.com/fund/pmv) *Deploying now* Government · Belgium **85** **$3.6M** median round **Sept 2026** last seen - 3 [Astanor Ventures](https://millionrounds.com/fund/astanor-ventures) *Deploying now* VC firm · Belgium **47** **$10M** median round **Oct 2026** last seen - 4 [Sofina](https://millionrounds.com/fund/sofina) *Deploying now* Family office · Belgium **21** **$82M** median round **Sept 2026** last seen - 5 [Smartfin](https://millionrounds.com/fund/smartfin) *Deploying now* VC firm · Belgium **15** **$13M** median round **Oct 2026** last seen - 6 [Verlinvest](https://millionrounds.com/fund/verlinvest) *Deploying now* Family office · Belgium **15** **$30M** median round **Oct 2026** last seen - 7 [E-Merge](https://millionrounds.com/fund/e-merge) quiet VC firm · Belgium **14** **$1.2M** median round **Nov 2015** last seen - 8 [Merifin Capital](https://millionrounds.com/fund/merifin-capital) quiet Private equity · Belgium **11** **$11M** median round **Oct 2015** last seen - 9 [Inventures SA](https://millionrounds.com/fund/inventures-investment-partners-impact-venture-capital) quiet VC firm · Belgium **9** **$406K** median round **Jun 2014** last seen - 10 [Startup Factory](https://millionrounds.com/fund/startup-factory) quiet Venture studio · Belgium **5** **$12M** median round **Dec 2006** last seen - 11 [UCB Ventures](https://millionrounds.com/fund/ucb-ventures) quiet Corporate VC · Belgium **5** **$16M** median round **Aug 2019** last seen - 12 [SPDG](https://millionrounds.com/fund/spdg) *Deploying now* Family office · Belgium **4** **$14M** median round **Nov 2025** last seen - 13 [Solvay](https://millionrounds.com/fund/solvay) quiet VC firm · Belgium **4** **$34M** median round **Dec 2021** last seen - 14 [Newton Biocapital](https://millionrounds.com/fund/newton-biocapital) quiet VC firm · Belgium **3** **$25M** median round **Nov 2024** last seen - 15 [Otium Capital](https://millionrounds.com/fund/otium-capital) quiet Family office · France **3** **$13M** median round **Nov 2017** last seen - 16 [Scale II](https://millionrounds.com/fund/scalefund) *Deploying now* VC firm · Belgium **3** **$1.8M** median round **Jun 2026** last seen - 17 [finance.brussels](https://millionrounds.com/fund/finance-and-invest-brussels) quiet VC firm · Belgium **3** **$5.4M** median round **Feb 2025** last seen - 18 [BeAngels](https://millionrounds.com/fund/beangels) *Deploying now* Angel network · Belgium **2** **$1.7M** median round **Dec 2025** last seen - 19 [Bioqube Ventures](https://millionrounds.com/fund/bioqube-ventures) *Deploying now* VC firm · Belgium **2** **$42M** median round **Jan 2026** last seen - 20 [QAT Investments](https://millionrounds.com/fund/qat-investments) quiet Private equity · Belgium **2** **$3.6M** median round **May 2009** last seen - 21 [Vendis Capital](https://millionrounds.com/fund/vendis-capital) quiet Private equity · Belgium **2** **$11M** median round **Mar 2013** last seen - 22 [Welovefounders](https://millionrounds.com/fund/welovefounders) *Deploying now* VC firm · Belgium **2** **$1.9M** median round **May 2026** last seen - 23 [Apheon](https://millionrounds.com/fund/apheon) quiet Private equity · Belgium **1** **$232M** median round **Sept 2025** last seen - 24 [AtlasInvest](https://millionrounds.com/fund/atlasinvest) quiet Private equity · Belgium **1** **$24M** median round **Sept 2018** last seen - 25 [BNP Paribas Fortis](https://millionrounds.com/fund/bnp-paribas-fortis) quiet Private equity · Belgium **1** **$18M** median round **Oct 2015** last seen **120 more on this list** All 145 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-brussels) ## The Newest Cheques Rounds this list's investors joined most recently - **15** Oct **[Metabolize](https://millionrounds.com/company/metabolize)** Seed · $3.2M *Led by* [Astanor Ventures](https://millionrounds.com/fund/astanor-ventures) - **14** Oct **[Traya](https://millionrounds.com/company/traya)** $32M *Led by* [Verlinvest](https://millionrounds.com/fund/verlinvest) - **6** Oct **[Hadrian](https://millionrounds.com/company/hadrian)** Series B · $40M *Led by* [Smartfin](https://millionrounds.com/fund/smartfin) - **29** Sept **[Marble](https://millionrounds.com/company/marble)** Series A · $7.4M *Led by* [Smartfin](https://millionrounds.com/fund/smartfin) - **18** Sept **[TUSK IC](https://millionrounds.com/company/tusk-ic)** Series A · $17M *With* [PMV](https://millionrounds.com/fund/pmv) - **17** Sept **[Logibot](https://millionrounds.com/company/logibot)** Seed · $1.6M *With* [PMV](https://millionrounds.com/fund/pmv) ## Stages This Year 40 rounds - Seed **38%** - Series A **20%** - Series B **15%** - Growth **8%** - Grant **5%** - Other **15%** ## What They Backed Sectors, last 12 months - AI **13** - Fintech **7** - Healthcare **7** - Biotech **5** - Cleantech **4** - Cybersecurity **4** ## Cheques by Quarter Led Joined 14 Q1 25 16 Q2 25 17 Q3 25 20 Q4 25 7 Q1 26 10 Q2 26 10 Q3 26 3 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors based in London 4,496](https://millionrounds.com/lists/investors-based-in-london) - [Investors based in CA 3,746](https://millionrounds.com/lists/investors-based-in-ca) - [Investors based in NY 3,658](https://millionrounds.com/lists/investors-based-in-ny) - [Investors based in WA 2,473](https://millionrounds.com/lists/investors-based-in-wa) - [Investors based in San Francisco 2,377](https://millionrounds.com/lists/investors-based-in-san-francisco) - [Investors based in TX 2,250](https://millionrounds.com/lists/investors-based-in-tx) - [Investors based in Dubai 1,922](https://millionrounds.com/lists/investors-based-in-dubai) - [Investors based in Los Angeles 1,261](https://millionrounds.com/lists/investors-based-in-los-angeles) - [Investors based in Chicago 1,255](https://millionrounds.com/lists/investors-based-in-chicago) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors based in Brussels ### Who are the most active investors based in Brussels? By cheques observed, the most active are EASME - EU Executive Agency for SMEs, PMV, Astanor Ventures, Sofina and Smartfin. ### How many investors based in Brussels are there? 145 are on record. 9% made an investment in the last 12 months and 8% have led a round. ### Which stages do investors based in Brussels back? Of the rounds with a named stage in the last 12 months, mostly Seed (38%) and Series A (21%). ### How big are the rounds investors based in Brussels join? The typical (median) round among the leading investors here is $12M. ### Which sectors do investors based in Brussels back most? In the last 12 months, mostly AI, Fintech and Healthcare. ### Which investors based in Brussels lead the most rounds? Smartfin (5 led), Sofina (4 led) and Astanor Ventures (3 led). ### What have investors based in Brussels invested in recently? Recent rounds include Metabolize (Seed, Oct 2026, with Astanor Ventures), Traya (Oct 2026, with Verlinvest) and Hadrian (Series B, Oct 2026, with Smartfin). ### How is this list of investors based in Brussels 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)