# Capricorn Partners Portfolio Map 2026: 27 Startups by Sector

> Capricorn Partners's portfolio mapped: 27 startups it has backed, in 4 sectors from Biotech, Healthtech and AI on.

Source: https://millionrounds.com/portfolio-maps/capricorn-partners-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Biotech

9

- [Green Biologics](https://millionrounds.com/company/green-biologics)
- [Confo Therapeutics](https://millionrounds.com/company/confo-therapeutics)
- [DMC Biotechnologies](https://millionrounds.com/company/dmc-biotechnologies)
- [icometrix](https://millionrounds.com/company/icometrix)
- [BlueBee](https://millionrounds.com/company/bluebee)
- [Aspect Analytics](https://millionrounds.com/company/aspect-analytics)
- [neotiv](https://millionrounds.com/company/neotiv)
- [Xyall](https://millionrounds.com/company/xyall)
- [InsectSense](https://millionrounds.com/company/insectsense)

## Healthtech

8

- [HighLife](https://millionrounds.com/company/highlife)
- [Oska Health](https://millionrounds.com/company/oska-health)
- [FEops](https://millionrounds.com/company/feops)
- [LindaCare](https://millionrounds.com/company/lindacare)
- [Minze Health](https://millionrounds.com/company/minze-health)
- [Bingli](https://millionrounds.com/company/bingli)
- [*T* Thryve](https://millionrounds.com/company/thryve)
- [Noona Healthcare](https://millionrounds.com/company/noona-healthcare)

## AI

7

- [Gradyent](https://millionrounds.com/company/gradyent)
- [EclecticIQ](https://millionrounds.com/company/eclecticiq)
- [Azumuta](https://millionrounds.com/company/azumuta)
- [Trendtracker](https://millionrounds.com/company/trendtracker)
- [CONXAI](https://millionrounds.com/company/conxai)
- [Finquest](https://millionrounds.com/company/finquest)
- [Zozio](https://millionrounds.com/company/zozio)

## Cleantech

3

- [Qpinch](https://millionrounds.com/company/qpinch)
- [ROCSYS](https://millionrounds.com/company/rocsys)
- [Black Bear Carbon](https://millionrounds.com/company/black-bear-carbon)

## Segment by segment

### Biotech

9 startups · $303M raised

- [**Green Biologics**](https://millionrounds.com/company/green-biologics) Green Biologics offers fermentation technologies for the conversion of biomass to renewable fuels and chemicals. United Kingdom $118M
- [**Confo Therapeutics**](https://millionrounds.com/company/confo-therapeutics) Confo Therapeutics is a drug discovery company building internal drug discovery programs on GPCRs addressing unmet medical need. Belgium $103M
- [**DMC Biotechnologies**](https://millionrounds.com/company/dmc-biotechnologies) DMC Biotechnologies produces bio-based chemicals using fermentation. United States $19M
- [**icometrix**](https://millionrounds.com/company/icometrix) Transforming patient care through imaging AI. Belgium $18M
- [**BlueBee**](https://millionrounds.com/company/bluebee) Acquired by Illumina Inc. Netherlands $13M
- [**Aspect Analytics**](https://millionrounds.com/company/aspect-analytics) Aspect Analytics is a Belgian spatial biology software company founded in 2018 and based in Genk, Belgium. Belgium $12M
- [**neotiv**](https://millionrounds.com/company/neotiv) neotiv is a German digital health company founded in 2017, focused on developing digital cognitive biomarkers for the early detect Germany $10M
- [**Xyall**](https://millionrounds.com/company/xyall) Xyall is a Dutch MedTech company based in Eindhoven, specializing in innovative solutions for cancer diagnostics. Netherlands $9.0M

### Healthtech

8 startups · $196M raised

- [**HighLife**](https://millionrounds.com/company/highlife) HighLife Medical, founded in 2010 and based in Paris, France, is a MedTech company focused on developing innovative solutions for France $140M
- [**Oska Health**](https://millionrounds.com/company/oska-health) Oska Health is a digital health startup based in Frankfurt, Germany, founded in 2022. Germany $13M
- [**FEops**](https://millionrounds.com/company/feops) FEops offers computer simulations specialized in the field of physical science for invasive cardiovascular procedures. Belgium $12M
- [**LindaCare**](https://millionrounds.com/company/lindacare) LindaCare is a janitorial service company that specializes in sanitizing homes, boats, and offices. Belgium $10M
- [**Minze Health**](https://millionrounds.com/company/minze-health) Minze Health is a digital health company based in Antwerp, Belgium, founded in 2015 by Josef Sageder and Jiri Vermeulen. Belgium $9.4M
- [**Bingli**](https://millionrounds.com/company/bingli) BINGLI is a Belgium-based AI healthcare technology company founded in 2017, headquartered in Antwerp. Belgium $5.3M
- [*T* **Thryve**](https://millionrounds.com/company/thryve) Germany $4.4M
- [**Noona Healthcare**](https://millionrounds.com/company/noona-healthcare) Noona develops a cloud-based mobile service that enables cancer clinics to connect and monitor their patients. Finland $1.6M

### AI

7 startups · $84M raised

- [**Gradyent**](https://millionrounds.com/company/gradyent) Gradyent is a Rotterdam-based software company founded in 2019, specializing in Energy Technology and Artificial Intelligence. Netherlands $31M
- [**EclecticIQ**](https://millionrounds.com/company/eclecticiq) EclecticIQ is a global cybersecurity company founded in 2014 and based in Amsterdam, Netherlands. Netherlands $22M
- [**Azumuta**](https://millionrounds.com/company/azumuta) Azumuta is a Belgian SaaS company that specializes in an AI-powered shop-floor execution platform designed for discrete manufacturing. Belgium $9.3M
- [**Trendtracker**](https://millionrounds.com/company/trendtracker) Trendtracker is an AI-driven strategic intelligence platform founded in 2019 and based in Ghent, Belgium. Belgium $7.0M
- [**CONXAI**](https://millionrounds.com/company/conxai) CONXAI is a Munich-based AI platform dedicated to the Architecture, Engineering, and Construction (AEC) industry. Germany $5.8M
- [**Finquest**](https://millionrounds.com/company/finquest) Finquest leverages private company data and AI to identify investment and M&A opportunities for PE and Corporates. Singapore $5.5M
- [**Zozio**](https://millionrounds.com/company/zozio) Zozio is a French industrial software company based in Paris, founded in 2018/2019. France $4.2M

### Cleantech

3 startups · $75M raised

- [**Qpinch**](https://millionrounds.com/company/qpinch) Qpinch is a Belgian startup and scale-up focused on industrial energy efficiency and waste heat recovery. Belgium $35M
- [**ROCSYS**](https://millionrounds.com/company/rocsys) ROCSYS is a Dutch-American cleantech and robotics company focused on enhancing electric mobility through autonomous charging solutions. Netherlands $31M
- [**Black Bear Carbon**](https://millionrounds.com/company/black-bear-carbon) Black Bear Carbon is a Dutch technology company founded in 2010, focused on addressing the global waste tire issue through innovat Netherlands $9.1M

**How this map is made.** Every startup here has raised money in a round we track that names Capricorn Partners as an investor, the first in 2010. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[VC firm · Belgium **European Commission** 81 startups · 12 sectors · $2.5B](https://millionrounds.com/portfolio-maps/european-commission-portfolio-map)[VC firm · Belgium **Astanor Ventures** 30 startups · 4 sectors · $922M](https://millionrounds.com/portfolio-maps/astanor-ventures-portfolio-map)[VC firm · Belgium **Eurostars** 24 startups · 3 sectors · $182M](https://millionrounds.com/portfolio-maps/eurostars-portfolio-map)[Government fund · Belgium **EASME - EU Executive Agency for SMEs** 53 startups · 10 sectors · $604M](https://millionrounds.com/portfolio-maps/easme-eu-executi-portfolio-map)[Accelerator · Belgium **EIT Food RisingFoodstars** 46 startups · 4 sectors · $222M](https://millionrounds.com/portfolio-maps/eit-food-risingfoo-portfolio-map)[Government fund · Belgium **PMV** 30 startups · 6 sectors · $595M](https://millionrounds.com/portfolio-maps/pmv-portfolio-map)

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