When was The Faktory founded?

The Faktory was founded in 2013.

Where is The Faktory's headquarters located?

The Faktory's headquarters is located in Liege (Belgium).

How big is The Faktory's investment team?

The Faktory has a team of 7, including 5 partners.

How many companies has The Faktory invested in?

The Faktory has invested in 25 companies, including MyCellHub & e-peas.

Which companies has The Faktory invested in lately?

e-peas & XYZT AI are the latest investments by The Faktory.

How many exits has The Faktory been involved in?

The Faktory's portfolio has seen 1 IPO and 2 acquisitions.

The Faktory - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. 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: 10 as on Dec 31, 2022
Investors: Corda Campus, The Faktory and 3 Others
Latest Funding Round: Seed, Sep 12, 2019, $*****
Highlight: Acquired

2. e-peas

Provider of low-power integrated circuits. The company provides circuits such as energy harvester interfaces, microcontrollers, and image sensors. The company develops solutions and applications for energy harvesting, asset trackers, sensors and detectors, and more.

Key facts about e-peas

Founded Year: 2014
Location: Louvain la Neuve (Belgium)
Annual Revenue: €6.01M as on Dec 31, 2023
Stage: Series C
Total Funding till date: $32.1M
Employee Count: 33 as on Jul 01, 2024
Investors: Partech Partners, Otium Capital and 16 Others
Latest Funding Round: Series C, Mar 20, 2024, $*****
Highlight: Editors' Pick

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: 23 as on Jul 01, 2024
Investors: ISource Gestion, EIC Fund and 2 Others
Latest Funding Round: Seed, Apr 14, 2021, $*****
Highlight: Acquired

4. Penbox

Cloud-based platform for document management. It is mainly used by brokers and helps them to transform their email and paper exchanges into digital experiences. Dap, HD Assurances, and Open Broker are some of its clients.

Key facts about Penbox

Founded Year: 2019
Location: Brussels (Belgium)
Stage: Seed
Total Funding till date: $1.7M
Employee Count: 15 as on Jul 01, 2024
Investors: Fortino Capital, The Faktory and 2 Others
Latest Funding Round: Seed, Dec 2021, $*****

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: Seed
Total Funding till date: $1.3M
Employee Count: 24 as on Jul 01, 2024
Investors: SPDG Ventures, PMV and 5 Others
Latest Funding Round: Seed, Feb 23, 2023, $*****

View the full list of portfolio companies

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. Its most recent first time investment was in XYZT AI and most recent follow-on round was in e-peas.

Here are The Faktory's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
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

View all investments by The Faktory

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.

Here are The Faktory's investments by stage:

Stage of entry	No. of Investments
Seed	9
Series A	1
Unattributed	1

Note: We have considered here, only first round of investments

View all investments by The Faktory

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.

Here are The Faktory's investments by sector:

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

View all investments by The Faktory

The Faktory has made most investments in Belgium (6), followed by France where it has made 3 investments.

Here are The Faktory's investments by geography:

Country	No. of Investments
Belgium	6
France	3
Australia	1
Switzerland	1

Note: We have considered here, only first round of investments

View all investments by The Faktory

The Faktory has not made any investment in 2026 so far.

Here are the most recent investments by The Faktory:

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Date	Company	Location	Round Details	Round Amount	Co-Investors
Mar 20, 2024	e-peas	Belgium	Series C	3234	Otium Capital [+5]
Oct 24, 2023	XYZT AI	Belgium	Seed	3166	Angelwise [+1]
Feb 23, 2023	IVEX	Belgium	Seed	4075	Dedicated [+3]
May 10, 2022	Zozio	France	Series A	2751	Capricorn Partners [+1]
Jan 26, 2022	Aividens	Belgium	Seed	6990	Faraday [+1]

See more recent investments made by The Faktory

1 of The Faktory's portfolio company became public - Fleye.

Here are The Faktory's portfolio companies that went public:

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Company	IPO Date	First Invested on	First Round of Investment	Round Size
Fleye	-	-	-	7144

View more details about public companies in The Faktory's portfolio

2 companies from The Faktory's portfolio have been acquired. The most recent acquisition was MyCellHub in Jan 2026 by Title21 Health Solutions for $*****.

Here are The Faktory's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
MyCellHub	Jan 06, 2026	Sep 12, 2019	Seed	6762
Nestwave	Oct 31, 2022	Apr 02, 2019	Seed	7045

View all acquired companies in The Faktory's portfolio

The Faktory has a team of 7 members including 5 Partners located in Belgium. The Faktory's team does not sit on the board of any company as of now.

Here is a list of all team members in The Faktory:

Name	Designation	Location	Board Memberships	Contact Details
Pierre Lhoest	Partner	Liege	-	1 Email
Simon Alexandre	Partner	Liege	-	1 Email
Nicolas Biet	Partner	Liege	-	1 Email
Sebastien Dawans	Partner	Ways	-	1 Email
Yves Joskin	Partner	Liege	-	-

View team details of The Faktory

Over the past 11 years, 30 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 17 investors have invested in The Faktory's portfolio after their investments. Top Investors include Europa (2 companies) and Otium Capital (1 company).