Noshaq

Noshaq S.A., formerly known as Meusinvest, is a venture capital firm established in 1985 and based in Liège, Belgium. The firm specializes in seed, start-up, and growth capital investments in small and medium-sized enterprises, focusing on sectors such as energy, sustainable development, biotechnology, digital technologies, industry 4.0, real estate, quality food, and cultural industries. Noshaq typically invests in companies with annual revenues up to €50 million or an enterprise value up to €43 million, often taking a minority stake in these businesses. The firm may also request a seat on the Board of Directors as part of its investment strategy. In addition to equity investments, Noshaq provides financing solutions, including convertible bonds and loans, supporting strategic projects to stimulate economic development in the region.

Stéphanie Sacré

Investment Manager

Gaëtan Servais

CEO

Aude Somja

Investment Manager

Past deals in Belgium

I-care

Series C in 2024
I-care Group is an industrial company based in Belgium, founded in 2004, that specializes in predictive and prescriptive maintenance services. The company utilizes artificial intelligence and data-driven solutions to enhance the collection and processing of industrial data, enabling clients to anticipate failures in machinery and equipment. By optimizing industrial risk management, I-care Group improves performance across business, human, and environmental dimensions. Its integrated technology expertise and asset management methods help decrease maintenance costs, increase equipment uptime, and enhance overall reliability and safety of operations. The company's focus on delivering high-quality service ensures that clients benefit from improved operational efficiency and effectiveness.
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