About Indufin
Indufin is a venture capital firm founded in 2001. It is primarily based out of Leuven, Belgium. As of Jan 2024, Indufin has invested in 28 companies. It primarily invests in PE round in Belgium based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and High Tech. Most recently it participated in the $***** Seed round of Secutec Overall, Indufin portfolio has seen 1 IPO and 9 acquisitions including key companies like FLIR Systems, Actief Interim and Alphamin. Indufin has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
PE, Seed & 1 more
Portfolio IPOs
Portfolio Acquisitions
Indufin's List of Top Investments
Indufin has a portfolio of 28 companies. Their most notable investmentis in SecutecTheir portfolio spans across Belgium, Netherlands, Germany and 2 more locations. They have invested in Retail, Consumer, High Tech and 13 other sectors, across stages such as PE, Seed and 1 more. Here is the list of top investments by Indufin:1. FLIR Systems
Developer of AI and cloud-enabled video analytics solutions for multiple industries. It provides users with systems that use thermal imaging, video analytics, and more. It offers features like integration with an existing system and an optimized GUI. It offers different products like handheld thermal cameras, gas detection cameras, unmanned aerial vehicles, and defence equipment.
Key facts about FLIR Systems
- Founded Year: 1978
- Location: Wilsonville (United States)
- Annual Revenue: $1B+ as on Dec 31, 2020
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 2,100 as on May 31, 2026
- Investors: National Science Foundation, Indufin and 3 Others
- Latest Funding Round: Grant (prize money), Dec 09, 2016, $*****
- Highlight: Acquired
2. Schreder
Provider of smart outdoor lighting solutions and smart city applications. It designs, manufactures, and installs connected lighting systems, integrating them with other smart city infrastructure. The company develops smart poles and platforms to support various applications beyond lighting. Its focus is on creating sustainable and interoperable solutions for urban environments, enabling seamless collaboration with other vendors. The solutions are designed to improve energy efficiency, enhance safety, and contribute to a more livable urban experience.
Key facts about Schreder
Key facts about Actief Interim
Baobab Collection is a brand of home fragrance products such as candles, diffusers, sprays, etc. under seven collections. Its product list also includes accessories such as wick trimmer, spray kit, etc. Items are sold online or through offline resellers.
Key facts about Baobab Collection
5. Saluc
Saluc, based in Belgium, is an offline distributor of sports products. Product catalog includes billiard balls, fusion tables, precision balls, trackballs, bowling balls, and more. A few of the brands associated with the company are Aramith, Preciball, and more. The company sells products through its offline stores.
Key facts about Saluc
Indufin's Year-on-Year Investment Trends
Indufin has invested in 28 companies over the last 22 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Secutec.Indufin's Investments by Stage
Indufin has made 4 investments in PE stage, 1 investment in Seed stage and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
PE | 4 |
Seed | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Indufin's Investments by Sector
Indufin has a diverse portfolio, with companies operating in the Consumer, Retail, Auto Tech, Business Services and Energy. Notably, it has invested in 9 Enterprise (B2B) companies, 7 Consumer (B2C) companies, 6 Tech companies and at least 1 company focusing on Marketplace.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Retail | 2 |
Auto Tech | 1 |
Business Services | 1 |
Energy | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Indufin's Investments by Geography
Indufin has made most investments in Belgium (6).Indufin's recent investments
Indufin has not made any investment in 2026 so far.Here are the most recent investments by Indufin:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 09, 2024 | Belgium | Seed | 9736 | - | |
Jul 05, 2018 | Belgium | PE | 6433 | - | |
Mar 03, 2015 | Belgium | PE | 6835 | - | |
Dec 15, 2008 | Belgium | PE | 5712 | - | |
2004 | Belgium | Series A | 9244 | - |
IPOs and Publicly Listed companies in Indufin's Portfolio
1 of Indufin's portfolio company became public - Floridienne. It got listed on the Euronext Exchange (Euronext), in Apr 1999.Here are Indufin's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 01, 1999 | - | - | 7562 |
Acquired companies in Indufin's Portfolio
9 companies from Indufin's portfolio have been acquired. The most recent acquisition was Cheops in Jul 2023 by Chequers Capital for $*****.Here are Indufin's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 24, 2023 | Jul 05, 2018 | PE | 6669 | |
Jan 04, 2021 | - | - | 5714 | |
May 08, 2019 | - | - | 6868 | |
Aug 16, 2018 | - | - | 9019 | |
Aug 29, 2017 | - | - | 3748 |
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Team profile of Indufin
Indufin has a team of 3 members including 3 Partners located in Belgium. Indufin's team does not sit on the board of any company as of now.Here is a list of all team members in Indufin:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Antwerp | - | ||
Partner | Liege | - | ||
Partner | Leuven | - |
Recent News related to Indufin
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SecureLink Receives Equity Investment from Indufin |FinSMEsFinSMEs•Jan 24, 2013•SecureLink, Indufin, SecureLink
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