About Finnance.brussels
Finnance.brussels is a venture capital firm founded in 1984. It is primarily based out of Brussels, Belgium. As of Dec 2025, Finnance.brussels is an active investor, having invested in 275 companies, with 1 new investment in the last 12 months. It primarily invests in Conventional Debt round in Belgium based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and High Tech. Most recently it participated in the $***** Seed round of Ailos Overall, Finnance.brussels portfolio has seen 13 acquisitions including key companies like Century 21, Proxyclick and Quick. A lot of funds co-invest with Finnance.brussels, with names like Qbic Fund sharing a substantial percentage of its portfolio. Finnance.brussels has team of 26 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Conventional Debt, Seed & 4 more
Portfolio Acquisitions
Portfolio Soonicorns
Finnance.brussels' List of Top Investments
Finnance.brussels has a portfolio of 275 companies. Their most notable investments are in Black Tiger and D'Hoore.Their portfolio spans across Belgium, France, United Kingdom and 4 more locations. They have invested in Enterprise Applications, HealthTech, High Tech and 31 other sectors, across stages such as Conventional Debt, Seed and 4 more. Here is the list of top investments by Finnance.brussels: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. Century 21
Key facts about Century 21
- Founded Year: 1971
- Location: Madison (United States)
- Stage: Acquired
- Employee Count: 39,926 as on Aug 31, 2026
- Investors: Finnance.brussels
- Latest Funding Round: Conventional Debt, 2015, $*****
- Highlight: Acquired
3. STIB
Provider of public transportation services. This entity operates a network encompassing buses, trams, and metro systems. It offers various ticketing options, including season tickets and single-use tickets, and facilitates contactless payment. The company also provides real-time information on schedules and service disruptions. In addition to transportation services, it offers employment opportunities and maintains an online presence for customer support and information.
Key facts about STIB
- Founded Year: 1954
- Location: Brussels (Belgium)
- Stage: Funding Raised
- Employee Count: 4,264 as on Sep 30, 2026
- Investors: Europa and Finnance.brussels
- Latest Funding Round: Grant (prize money), Dec 12, 2023, $*****
4. Proxyclick
Cloud-driven visitor management software. It offers features including visitor recognition, NDA's, multiple tenants, multiple locations, instant pictures, badge printing, reporting, autonomous check-in, workplace integration, and more.
Key facts about Proxyclick
- Founded Year: 2004
- Location: Brussels (Belgium)
- Annual Revenue: €10M - €50M as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $18.6M
- Employee Count: 10 - 49 as on Mar 01, 2026
- Investors: Five Elms Capital, MK Venture Capital and 2 Others
- Latest Funding Round: Series B, Jan 23, 2020, $*****
- Highlight: Acquired
5. 3E
Software solutions provider in the renewable energy sector. It provides software and consultancy services to the renewable energy sector. Developed a proprietary monitoring software called SynaptiQ, that monitors, reports and claims to improve the performance of solar and wind projects.
Key facts about 3E
- Founded Year: 1999
- Location: Brussels (Belgium)
- Annual Revenue: €10M - €50M as on Dec 31, 2024
- Stage: Funding Raised
- Employee Count: 278 as on Aug 31, 2026
- Investors: Europa and Finnance.brussels
- Latest Funding Round: Grant (prize money), Mar 28, 2023, $*****
Finnance.brussels' Year-on-Year Investment Trends
Finnance.brussels has invested in 275 companies over the last 38 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 6 investments. Its most recent first time investment was in Ailos and most recent follow-on round was in Deminor.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 5 | 1 | 6 |
2024 | 1 | 1 | 2 |
2023 | 6 | 0 | 6 |
2022 | 2 | 0 | 2 |
2021 | 4 | 1 | 5 |
2020 | 0 | 0 | 0 |
2019 | 6 | 1 | 7 |
2018 | 3 | 0 | 3 |
2017 | 10 | 2 | 12 |
Finnance.brussels' Investments by Stage
Finnance.brussels has made 31 investments in Conventional Debt stage with an average round size of $3.88M, 13 investments in Seed stage with an average round size of $2.17M and 7 investments in Series A stage with an average round size of $4.88M.Stage of entry | No. of Investments |
|---|---|
Conventional Debt | 31 |
Seed | 13 |
Series A | 7 |
Series B | 6 |
Unattributed | 4 |
Others | 1 |
Note: We have considered here, only first round of investments
Finnance.brussels' Investments by Sector
Finnance.brussels has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, FinTech and Consumer Goods. Notably, it has invested in 131 Consumer (B2C) companies, 92 Enterprise (B2B) companies, 61 Tech companies and at least 28 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
Consumer | 9 |
High Tech | 7 |
FinTech | 6 |
Consumer Goods | 4 |
Others | 46 |
Note: We have considered here, only first round of investments
Finnance.brussels' Investments by Geography
Finnance.brussels has made most investments in Belgium (55), followed by France where it has made 4 investments.Country | No. of Investments |
|---|---|
Belgium | 55 |
France | 4 |
United States | 2 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Finnance.brussels' recent investments
Finnance.brussels has not made any investment in 2026 so far.Here are the most recent investments by Finnance.brussels:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 02, 2025 | Belgium | Seed | 8681 | [+2] | |
Sep 04, 2025 | Belgium | Series B | 9196 | ||
Jun 24, 2025 | Belgium | Series A | 4279 | [+1] | |
May 23, 2025 | Belgium | Unattributed | 6118 | [+2] | |
May 23, 2025 | Belgium | Conventional Debt | 5635 | [+2] |
Acquired companies in Finnance.brussels' Portfolio
13 companies from Finnance.brussels' portfolio have been acquired. The most recent acquisition was Aividens in Mar 2026 by Recvue for $*****.Here are Finnance.brussels' 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 | 6619 | |
Jun 01, 2024 | - | - | 9686 | |
Jun 26, 2023 | - | - | 6365 | |
Apr 24, 2023 | Jul 20, 2018 | Conventional Debt | 8078 | |
Jul 14, 2022 | - | - | 4020 |
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Team profile of Finnance.brussels
Finnance.brussels has a team of 26 members including 6 Partners located in Belgium. Finnance.brussels' team does not sit on the board of any company as of now.Here is a list of top team members in Finnance.brussels:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Belgium | - | - | |
Partner | Belgium | - | ||
Partner | Belgium | - | - | |
Partner | Belgium | - | - | |
Partner | Belgium | - | - | |
Partner | Belgium | - | - |
Co-investors of Finnance.brussels
Over the past 38 years, 85 investors have co-invested in Finnance.brussels's portfolio companies. This includes funds and angels.
- Invested before Finnance.brussels: Europa, EIC Fund and 12 others have invested in rounds before Finnance.brussels. There are 4 companies where Europa has invested before Finnance.brussels and 3 companies where EIC Fund has invested before Finnance.brussels.
- Top Co-investors of Finnance.brussels: 49 investors entered a company along with Finnance.brussels. These include investors like Qbic Fund (2 companies).
- Invested after Finnance.brussels: A total of 22 investors have invested in Finnance.brussels's portfolio after their investments. Top Investors include Europa (6 companies), SFPIM (2 companies) and Belfius (2 companies).
Recent News related to Finnance.brussels
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VoxelSensors Raises €5M in Seed FundingFinSMEs•May 18, 2023•VoxelSensors, Capricorn Partners, Qbic Fund, BVA and 2 others
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