About The Faktory
The Faktory, an accelerator and incubator program founded in 2013, is based in Liege, Belgium. With a presence in 6 countries, it has supported around 25 startups in sectors like Enterprise Applications, High Tech. As of Sep 2026, The Faktory has witnessed 4 portfolio exits. Most notable companies in
its portfolio include e-peas, MyCellHub and Nestwave. The program is backed by a team of 3 people who primarily support Seed startups based in Belgium. Its latest investment was a $5.82M Series A round in IVEX on Sep 10, 2026 along with Dedicated.
The Faktory's List of Top Investments
The Faktory has a portfolio of 25 companies. Their most notable investments are in dgenious and F4A.Their portfolio spans across Belgium, France, Luxembourg and 3 more locations. They have invested in Enterprise Applications, High Tech, Real Estate and Construction Tech and 16 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by The Faktory:1. e-peas
Developer of power management integrated circuits for energy harvesting applications. The company offers ambient energy managers designed for various energy sources. These integrated circuits manage power from energy harvesters to storage elements. The company's products support applications in smart homes, consumer electronics, and industrial IoT. The company also provides microcontrollers for data acquisition and processing.
Key facts about e-peas
- Founded Year: 2014
- Location: Louvain la Neuve (Belgium)
- Stage: Series D
- Total Funding till date: $54.1M
- Employee Count: 50 as on Jul 31, 2026
- Investors: Otium Capital, Airbus Ventures and 19 Others
- Latest Funding Round: Series D, Jul 09, 2026, $*****
- Highlight: Editors' Pick
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2. MyCellHub
MyCellHub provides data analytics software for manufacturing industries. It allows users to capture data from various sources in real-time, integrates with the ERP systems and manages data. It enables users to analyze and process insights using data analytics techniques. Other solutions include data reporting and data management solutions.
Key facts about MyCellHub
- Founded Year: 2016
- Location: Leuven (Belgium)
- Stage: Acquired
- Total Funding till date: $1.21M
- Employee Count: 4 as on Jul 31, 2026
- Investors: Corda Campus, The Faktory and 3 Others
- Latest Funding Round: Seed, Sep 12, 2019, $*****
- Highlight: Acquired

3. Nestwave
Nestwave is a Paris-based startup that has developed an ultra-low-power, global navigation satellite systems (GNSS) solution for use in IoT applications. The solution when integrated with an IoT modem such as NB-IoT, Cat M1, LoRa, or Sigfox, offers geolocation for applications such as asset tracking, smart factories, and smart cities, without the need for an external GNSS chip. The company claims that its solution reduces power by more than 10X, eliminates dedicated geo-positioning chips, and improves dense urban and indoor coverage.
Key facts about Nestwave
- Founded Year: 2014
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $5.1M
- Employee Count: 6 as on Jul 31, 2026
- Investors: EIC Fund, ISource Gestion and 2 Others
- Latest Funding Round: Seed, Apr 14, 2021, $*****
- Highlight: Acquired

4. Aividens
AI-based credit risk management solution. The solution is to distinguish the different payment habits of customers and variations over time in the medium and short term. It identifies high-risk clients and classifies them according to different classifications.
Key facts about Aividens
5. IVEX
AI-based provider of simulation and validation systems for autonomous vehicles. The platform develops software systems for the simulation and validation of high-level behavior planning and decision-making technologies used in autonomous vehicles. The software assesses autonomous vehicles based on safety constraints, regulation rules, complex real-life scenarios, and moral perceptions.
Key facts about IVEX
- Founded Year: 2017
- Location: Leuven (Belgium)
- Stage: Series A
- Total Funding till date: $7.12M
- Employee Count: 33 as on Jul 31, 2026
- Investors: SPDG Ventures, PMV and 6 Others
- Latest Funding Round: Series A, Sep 10, 2026, $*****
The Faktory's Year-on-Year Investment Trends
The Faktory has invested in 25 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. As of Sep 2026, it has made 2 investments in this year. Its most recent first time investment was in XYZT AI and most recent follow-on round was in IVEX.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 2 | 2 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 1 | 1 | 2 |
2022 | 2 | 0 | 2 |
2021 | 1 | 1 | 2 |
2020 | 3 | 0 | 3 |
2019 | 2 | 0 | 2 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
The Faktory's Investments by Stage
The Faktory has made 9 investments in Seed stage with an average round size of $1.48M, 1 investment in Series A stage with an average round size of $4.21M and 1 investment in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 9 |
Series A | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
The Faktory's Investments by Sector
The Faktory has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Business Services, Energy Tech and Environment Tech. Notably, it has invested in 21 Tech companies, 17 Enterprise (B2B) companies, 16 Software companies and at least 9 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
High Tech | 4 |
Business Services | 2 |
Energy Tech | 2 |
Environment Tech | 2 |
Others | 13 |
Note: We have considered here, only first round of investments
The Faktory's Investments by Geography
The Faktory has made most investments in Belgium (6), followed by France where it has made 3 investments.Country | No. of Investments |
|---|---|
Belgium | 6 |
France | 3 |
Australia | 1 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
The Faktory's recent investments
The Faktory has made 2 investments in 2026 so far - IVEX and e-peas.Here are the most recent investments by The Faktory:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 10, 2026 | Belgium | Series A | 9781 | ||
Jul 09, 2026 | Belgium | Series D | 1490 | ||
Mar 20, 2024 | Belgium | Series C | 1802 | [+5] | |
Oct 24, 2023 | Belgium | Seed | 2524 | [+1] | |
Feb 23, 2023 | Belgium | Seed | 7569 | [+3] |
IPOs and Publicly Listed companies in The Faktory's Portfolio
1 of The Faktory's portfolio company became public - Fleye.Here are The Faktory's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 3451 |
Acquired companies in The Faktory's Portfolio
3 companies from The Faktory's portfolio have been acquired. The most recent acquisition was Aividens in Mar 2026 by Recvue for $*****.Here are The Faktory's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 19, 2026 | Jan 26, 2022 | Seed | 2856 | |
Jan 06, 2026 | Sep 12, 2019 | Seed | 3282 | |
Oct 31, 2022 | Apr 02, 2019 | Seed | 4105 |
Team profile of The Faktory
The Faktory has a team of 3 members including 2 Partners located in Belgium. The Faktory's team does not sit on the board of any company as of now.Co-investors of The Faktory
Over the past 11 years, 35 investors have co-invested in The Faktory's portfolio companies. This includes only funds.
- Top Co-investors of The Faktory: 13 investors entered a company along with The Faktory. These include investors like Noshaq (2 companies).
- Invested after The Faktory: A total of 22 investors have invested in The Faktory's portfolio after their investments. Top Investors include Europa (2 companies) and Otium Capital (1 company).
Recent News related to The Faktory
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IVEX raises €5m Series A for vehicle safety testing expansionAutomotive World•Sep 09, 2026•IVEX, Dedicated, The Faktory
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Ivex Raises Seed Funding RoundFinSMEs•Feb 24, 2023•IVEX, PMV, SPDG Ventures, The Faktory and 2 others
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French AI-driven logistics platform Zozio has raised €4 million in fundingexplode.africa•May 11, 2022•Zozio, Capricorn Partners, Industrya, The Faktory
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Nestwave Secures Additional Capital to Accelerate Deployment of Low-Power Geolocation Solutions for the IoTBusiness Wire•Apr 14, 2021•Nestwave, Europa, Sofimac Innovation, The Faktory and 1 other
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Belgium startup that develops safety co-pilot for autonomous cars bags €1.2MSilicon Canals•Feb 19, 2020•IVEX, PMV, Noshaq, The Faktory and 1 other
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Biotech data management start-up MyCellHub raises €1.1mSilicon Republic•Sep 12, 2019•MyCellHub, The Faktory, The CoFoundry
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