[ad_1]
One union It is the first investment company from Belgium that raised 6.5 million euros to support Belgian founders and startups. Although the amount is small, the importance lies in the fact that it is the first Belgian fund to receive the support of the country’s four federal regions. This, in a country famous for its regional divisions, and even going there periodically Without an actual government.
More than 100 entrepreneurs and startup operators have backed the fund, which was launched in 2022 and has since invested in early-stage startups such as Techwolf, Aikido Security, Sirona Technologies, Donna, Cosmic Aerospace, Vendorvue, SAPI, Powernaut, Kennek and others.
The fund’s founding backers are drawn from companies such as Collibra, Deliverect, Datacamp, Showpad, Qover, Cowboy and Go Vocal.
The four government funds supporting the fund are PMV (Flanders), SFPIM (federal), Finance&invest.brussels (Brussels), Wallonie Entreprendre (Wallonia).
Belgium, despite being a small country, has begun to put more effort into developing startups in Europe.
According to State of Belgian Technology Report 2024 (Compiled by Dealroom), In the first half of 2024, the total amount invested in eight Belgian tech startups approached €500 million, compared to €424 million in the whole of 2023.
From 2018 to the first half of 2024, early-stage funding rounds accounted for about 77% of the capital raised by Belgian tech startups, compared to just 42% in Europe in the same period. This difference has remained constant in the past five years, according to Dealroom.
AI companies accounted for more than 70% of invested capital in the first half of 2024, while the participation of foreign investors has averaged about 66% since 2020.
“By uniting investors, operators and founders, we have created a platform that not only funds ambitious startups, but also provides the mentorship and network they need to thrive,” Laurens De Poorter, founder of Syndicate One, said in a statement.
Individuals joining in on the fun include TechWolf co-founder Andreas de Neve, Aikido Security co-founders Felix Jareau, Roland Delrue, and Willem Delbare, Botanix Labs founder and CEO Willem Schro, Holly co-founder Boris Gordets, and Vendorvue co-founder Michel . Beryl.
[ad_2]