About Be Angels
Be Angels, established in 2000, is an angel investment group based in Louvain la Neuve, Belgium. It primarily focuses on Seed investments in companies in Belgium. Its portfolio includes 22 firms, spanning the Enterprise Applications, High Tech sectors. Its most notable investments include companies like AppTweak, Passbolt and POM. As of Oct 2026, Be Angels has witnessed 3 portfolio exits. Its latest investment was a $570K Seed round in Visiblie on Jul 02, 2026, which also saw participation from Seeder Fund and Steven Tielemans.
To date, 49 investors have co-invested in Be Angels's portfolio companies, including prominent names like Seeder Fund.
Be Angels' List of Top Investments
Be Angels has a portfolio of 22 companies. Their most notable investments are in POM and Defthedge.Their portfolio spans across Belgium, France and Luxembourg. 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 Be Angels:1. AppTweak
AppTweak provides an app store optimization platform for the iOS app store and Google play store for increasing the app installs. It offers app statistics, the relevance of title and description, optimization of keywords, and monitoring of competitive apps. It has features such as analysis of review and ratings, ASO comparison of competitors, and tracking of apps from 60 countries. Claims to have 40,000+ registered users of AppTweak.
Key facts about AppTweak
2. Passbolt
Open source based password manager for teams. The password is encrypted before sharing or storing it on the pass bolt server. It provides a solution to manage and collaborate on passwords, accesses, and secrets. The passwords can be auto filled, auto saved, and generated within forms. The authentication is based on GPGAuth.
Key facts about Passbolt
- Founded Year: 2014
- Location: Luxembourg (Luxembourg)
- Stage: Series A
- Total Funding till date: $12.5M
- Employee Count: 41 as on Aug 31, 2026
- Investors: Airbridge Equity Partners, Angelsquare and 10 Others
- Latest Funding Round: Series A, Jan 23, 2025, $*****
- Highlight: Editors' Pick
3. POM
POM provides app based invoice payment solution to users. Enables users to upload paper-based invoices to the app and saves the details for the invoice payment. Also offers digital invoicing platform to get paid by the customers. Features invoice payments, accepts online payment from customers, payment reminders, and invoice archiving. App ia available for iOS and Android platforms.
Key facts about POM
4. Hyprevention
Developer of implantable orthopedic medical devices. The products of the company include Y-STRUT an implantable medical device for internal fixation of proximal femur of patients at risk of osteoporotic fracture and for impeding pathological fracture and V-STRUT is a Percutaneous Vertebral Augmentation device for the treatment of the vertebral fracture.
Key facts about Hyprevention
- Founded Year: 2010
- Location: Pessac (France)
- Stage: Series B
- Total Funding till date: $21.4M
- Employee Count: 8 as on Aug 31, 2026
- Investors: Be Angels, Yellowstone Holding and 6 Others
- Latest Funding Round: Series B, Apr 02, 2024, $*****
- Highlight: Editors' Pick
SaaS for asset management and fund industry. The platform enables the user to streamline day-to-day processes and data management from multiple unharmonized, unstructured sources. The analytics tools provide automated NAV oversight, risk oversight, and ESG oversight. The platform drives efficiency and reduces risk, by eliminating the need for multiple-point solutions and legacy databases enabling firms to manage their governance and controls independently and consistently, while lowering their technology and manual spend. It also offers NAV validation review, fund performance evolution, portfolio anomaly detection, peer analytics, risk & compliance dashboards, and risk and compliance reports based on Accounting Book of Record (ABOR) data, and more.
Key facts about Next Gate Tech
- Founded Year: 2019
- Location: Luxembourg (Luxembourg)
- Stage: Series B
- Total Funding till date: $14.1M
- Employee Count: 40 as on Aug 31, 2026
- Investors: MiddleGame Ventures, Volta Ventures and 10 Others
- Latest Funding Round: Series B, Apr 13, 2023, $*****
- Highlight: Editors' Pick
Be Angels' Year-on-Year Investment Trends
Be Angels has invested in 22 companies over the last 11 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in Visiblie.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
2023 | 7 | 0 | 7 |
2022 | 0 | 0 | 0 |
2021 | 2 | 0 | 2 |
2020 | 1 | 0 | 1 |
2019 | 4 | 0 | 4 |
2018 | 2 | 0 | 2 |
Be Angels' Investments by Stage
Be Angels has made 20 investments in Seed stage with an average round size of $1.19M, 1 investment in Series A stage with an average round size of $962K and 1 investment in Series B stage with an average round size of $1.61M.Stage of entry | No. of Investments |
|---|---|
Seed | 20 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Be Angels' Investments by Sector
Be Angels has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Environment Tech, High Tech and Sustainability Tech. Notably, it has invested in 20 Tech companies, 16 Enterprise (B2B) companies, 15 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 11 |
Consumer | 6 |
Environment Tech | 5 |
High Tech | 5 |
Sustainability Tech | 5 |
Others | 30 |
Note: We have considered here, only first round of investments
Be Angels' Investments by Geography
Be Angels has made most investments in Belgium (12), followed by France where it has made 7 investments.Country | No. of Investments |
|---|---|
Belgium | 12 |
France | 7 |
Luxembourg | 2 |
Note: We have considered here, only first round of investments
Be Angels' recent investments
Be Angels has made 1 investments in 2026 so far - Visiblie.Here are the most recent investments by Be Angels:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 02, 2026 | - | Seed | 3680 | [+1] | |
Mar 25, 2025 | Belgium | Seed | 1006 | [+6] | |
Jan 31, 2025 | Belgium | Seed | 4039 | ||
Dec 19, 2024 | France | Seed | 8011 | ||
Jul 04, 2023 | Belgium | Seed | 6639 | [+4] |
Acquired companies in Be Angels' Portfolio
3 companies from Be Angels' portfolio have been acquired. The most recent acquisition was Ionnyk in Sep 2025 by PocketBook for $*****.Here are Be Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 02, 2025 | Jun 13, 2023 | Series B | 6420 | |
Dec 08, 2022 | Aug 08, 2018 | Seed | 9871 | |
Aug 05, 2021 | Jan 21, 2019 | Seed | 4234 |
Team profile of Be Angels
Be Angels has a team of 1 member located in Belgium. Be Angels' team does not sit on the board of any company as of now.Co-investors of Be Angels
Over the past 11 years, 78 investors have co-invested in Be Angels's portfolio companies. This includes funds and angels.
- Invested before Be Angels: Aquitaine, OSEO Geneva and 11 others have invested in rounds before Be Angels. There is 1 company where Aquitaine has invested before Be Angels and 1 company where OSEO Geneva has invested before Be Angels.
- Top Co-investors of Be Angels: 49 investors entered a company along with Be Angels. These include investors like Seeder Fund (3 companies).
- Invested after Be Angels: A total of 16 investors have invested in Be Angels's portfolio after their investments. Top Investors include Finnance.brussels (1 company) and Airbridge Equity Partners (1 company).
Recent News related to Be Angels
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Visiblie Raises €500K Convertible Loan to Expand AI Search Visibility PlatformThe SaaS News•Jul 03, 2026•Seeder Fund, Be Angels
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Belgian-based ARK Capture Solution Secures Over €2.2 Million in Pre-Seed FundingStartup Rise EU•Mar 25, 2025•ARK Capture Solutions, Aperam, Seeder Fund, Climate Club and 5 others
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ARK Capture Solutions nets €2.2M for viable low-concentration emissions carbon captureTech Funding News•Mar 25, 2025•ARK Capture Solutions, Aperam, Seeder Fund, Climate Club and 5 others
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NIUM Closes Six Figure Seed Round To Advance Gut Microbiome ResearchSilicon Luxembourg•Sep 11, 2024•NIUM, Be Angels, Lban
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France’s Proteme advances eco-friendly food coating solutions with €605K fundraiseSilicon Canals•Jul 19, 2023•Proteme, EXERTE, Be Angels
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Business angels back Curvo’s vision to improve the financial wellbeing of the next generation of Europeans with €500,000 seed fundingFintech Finance•Jul 04, 2023•Curvo, Be Angels
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Brussels-based IONNYK secures €1.5 million funding to shape the future of art displayEU-Startups•Jun 13, 2023•Ionnyk, WING, LeanSquare, Be Angels and 1 other
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France-based Defthedge bags €900K for its currency, commodity risk management softwareSilicon Canals•Feb 14, 2023•Defthedge, Provence Business Angels, Be Angels
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Belgian digital art frame maker jumps on NFTs, raises €1+ millionTech.eu•Jan 27, 2022•Ionnyk, Be Angels, WING, Noshaq and 1 other
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Open Stent Solution closes €2.5M Seed financing round for its breakthrough open-stent TMVR devicePR Newswire•Sep 28, 2021•Open Stent Solution, Angels Sante, Be Angels, Bpifrance