About Seeder Fund
Seeder Fund is a venture capital firm founded in 2016. It is primarily based out of Brussels, Belgium. As of Mar 2026, Seeder Fund is an active investor, having invested in 48 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in Belgium based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and Consumer. Most recently it participated in the $***** Seed round of Vectrix Overall, Seeder Fund portfolio has seen 5 acquisitions including key companies like ProUnity, Cake and itinari. A lot of funds co-invest with Seeder Fund, with names like PMV sharing a substantial percentage of its portfolio. Seeder Fund has team of 4 people including 2 partners.Key Metrics
Seeder Fund's List of Top Investments
Seeder Fund has a portfolio of 48 companies. Their most notable investments are in Ceeyu and StriveCloud.Their portfolio spans across Belgium, Luxembourg, France and 5 more locations. They have invested in Enterprise Applications, HealthTech, Consumer and 21 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Seeder Fund:1. Keyrock
Provides tailored liquidity solutions for digital assets. They offer market making services across major exchanges, optimizing liquidity and providing fairer pricing. Their OTC trading solutions cater to various asset sizes and offer highly competitive quotes. An options desk provides customized structures for hedging, yield enhancement, and diversification. Treasury solutions help optimize treasuries using options to achieve financial goals. The firm also manages liquidity pools and develops ecosystems, including NFT liquidity. They support institutions and foundations in navigating the tokenized economy.
Key facts about Keyrock
- Founded Year: 2017
- Location: Brussels (Belgium)
- Annual Revenue: €31.2M as on Jun 30, 2024
- Stage: Series C
- Total Funding till date: $79.4M
- Employee Count: 223 as on Mar 31, 2026
- Investors: MiddleGame Ventures, Ripple and 5 Others
- Latest Funding Round: Series C, Mar 31, 2026, $*****
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: 19 as on Jul 01, 2024
- Investors: Expon Capital, Airbridge Equity Partners and 10 Others
- Latest Funding Round: Series A, Jan 23, 2025, $*****
- Highlight: Editors' Pick
3. WeGroup
WeGroup provides quoting software for the insurance industry. It offers Louise, a virtual assistant which provides solutions for risk analysis, document management, product comparison, and more. It also offers software for customer management, claims management, insurance reporting, and more.
Key facts about WeGroup
- Founded Year: 2017
- Location: Ghent (Belgium)
- Stage: Series A
- Total Funding till date: $5.96M
- Employee Count: 39 as on Mar 31, 2026
- Investors: Truffle Capital, imec.istart and 4 Others
- Latest Funding Round: Series A, Aug 24, 2020, $*****
- Highlight: Editors' Pick
4. ProUnity
Cloud-based platform for freelancer management. Provides a platform where freelancers can register themselves and create their profiles by uploading their resumes. It caters to companies in multiple sectors such as finance, marketing, HRM, and IT.
Key facts about ProUnity
- Founded Year: 2015
- Location: Brussels (Belgium)
- Annual Revenue: €355M as on Dec 31, 2024
- Stage: Acquired
- Employee Count: 12 as on Dec 31, 2022
- Investors: Seeder Fund and Finnance.brussels
- Latest Funding Round: Seed, $*****
- Highlight: Acquired
5. MySkillCamp
MySkillCamp provides a web-based content authoring and delivery platform. It enables instructors in creating modules by importing video, audio, images and voice recording, integration with 3rd party online tools and choice of off the shelf content from its marketplace. It also enables the creation of multiple learning spaces with tracking tools to monitor learning activities. The subscription is offered to start at €60/month for up to 15 users.
Key facts about MySkillCamp
- Founded Year: 2016
- Location: Tournai (Belgium)
- Stage: Series A
- Total Funding till date: $17.9M
- Employee Count: 21 as on Dec 31, 2021
- Investors: Conviction, Riverside and 7 Others
- Latest Funding Round: Series A, Sep 06, 2021, $*****
- Highlight: Editors' Pick
Seeder Fund's Year-on-Year Investment Trends
Seeder Fund has invested in 48 companies over the last 9 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 6 investments, while as of Mar 2026, it has made 2 investments in this year. Its most recent first time investment was in Vectrix and most recent follow-on round was in Next Gate Tech.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 6 | 0 | 6 |
2024 | 5 | 0 | 5 |
2023 | 0 | 0 | 0 |
2022 | 3 | 1 | 4 |
2021 | 1 | 0 | 1 |
2020 | 3 | 3 | 6 |
2019 | 2 | 1 | 3 |
2018 | 7 | 0 | 7 |
2017 | 1 | 0 | 1 |
Seeder Fund's Investments by Stage
Seeder Fund has made 26 investments in Seed stage with an average round size of $1.36M, 3 investments in Series A stage with an average round size of $5.35M and 1 investment in Conventional Debt stage with an average round size of $124K.Stage of entry | No. of Investments |
|---|---|
Seed | 26 |
Series A | 3 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Seeder Fund's Investments by Sector
Seeder Fund has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, High Tech and Enterprise Infrastructure. Notably, it has invested in 44 Tech companies, 39 Enterprise (B2B) companies, 38 Software companies and at least 24 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 21 |
FinTech | 9 |
Vertical SaaS | 7 |
High Tech | 6 |
Enterprise Infrastructure | 5 |
Others | 29 |
Note: We have considered here, only first round of investments
Seeder Fund's Investments by Geography
Seeder Fund has made most investments in Belgium (23), followed by Luxembourg where it has made 3 investments.Country | No. of Investments |
|---|---|
Belgium | 23 |
Luxembourg | 3 |
France | 1 |
Netherlands | 1 |
Seychelles | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Seeder Fund's recent investments
Seeder Fund has made 2 investments in 2026 so far - Vectrix and Alice Law.Here are the most recent investments by Seeder Fund:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 05, 2026 | Belgium | Seed | 4631 | [+1] | |
Jan 08, 2026 | Netherlands | Seed | 8802 | ||
Dec 12, 2025 | Belgium | Seed | 9945 | [+2] | |
Sep 23, 2025 | Belgium | Seed | 4792 | ||
Jun 03, 2025 | France | Seed | 9314 | [+2] |
Acquired companies in Seeder Fund's Portfolio
5 companies from Seeder Fund's portfolio have been acquired. The most recent acquisition were Cake in Nov 2023 by Levenue.Here are Seeder Fund's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 15, 2023 | Jan 14, 2022 | Seed | 6661 | |
Nov 02, 2022 | - | - | 1533 | |
Jul 14, 2022 | - | - | 1913 | |
Jul 02, 2022 | - | - | 1416 | |
Mar 11, 2021 | Jan 29, 2018 | Seed | 7837 |
Team profile of Seeder Fund
Seeder Fund has a team of 4 members including 2 Partners located in Belgium. Seeder Fund's team does not sit on the board of any company as of now.Co-investors of Seeder Fund
Over the past 9 years, 113 investors have co-invested in Seeder Fund's portfolio companies. This includes funds and angels.
- Invested before Seeder Fund: imec.istart, Expon Capital and 9 others have invested in rounds before Seeder Fund. There are 2 companies where imec.istart has invested before Seeder Fund and 1 company where Expon Capital has invested before Seeder Fund.
- Top Co-investors of Seeder Fund: 76 investors entered a company along with Seeder Fund. These include investors like PMV (3 companies).
- Invested after Seeder Fund: A total of 26 investors have invested in Seeder Fund's portfolio after their investments. Top Investors include MiddleGame Ventures (2 companies), SIX (1 company) and Ripple (1 company).
Recent News related to Seeder Fund
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Vectrix Secures €1.15M in Seed FundingStartup Rise EU•Mar 05, 2026•Vectrix, Prequel Ventures, Seeder Fund, PMV
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Legaltech Alice Secures €1M to Improve Legal WorkflowsStartup Rise EU•Jan 08, 2026•Alice, Seeder Fund, New School
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Antwerp-based XFA raises €1.5 million to tackle this critical blind spot in modern workplace cybersecurityBebeez•Dec 12, 2025•XFA, Seeder Fund, Curiosity, Scale Fund and 1 other
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Monsana Receives €500K to Enhance Patient Enrollment in Clinical TrialsStartup Rise EU•Sep 23, 2025•Monsana, Seeder Fund
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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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Pleevi raises €1 million for AI-powered Electric Vehicle charging across EuropeEU-Startups•Jan 30, 2025•Pleevi, Angelwise, Seeder Fund, Noshaq and 1 other
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Luxembourg’s Passbolt raises €7.6M to expand its open-source password management platform for teamsSilicon Canals•Jan 24, 2025•Passbolt, Airbridge Equity Partners, Expon Capital, Scale Fund and 6 others
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Passbolt Secures $8M To Reach New Heights In Password ManagementSilicon Luxembourg•Jan 23, 2025•Passbolt, Airbridge Equity Partners, , Expon Capital and 7 others
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Borro raises €350K for intelligent reusable cup deposit systemTech.eu•Nov 08, 2024•Borro, Seeder Fund, Imec
