Allegro Investment Fund

Allegro Investment Fund NV is a venture capital firm based in Leuven, Belgium, founded in 2005. The firm specializes in early-stage and spin-off investments, primarily targeting high-technology sectors such as engineering, green energy, wireless technology, medical diagnostics, and electronic devices. Allegro typically invests between €100,000 and €1 million in companies with a market potential exceeding €100 million, aiming for these companies to become market leaders within five to seven years. The firm seeks to exit its investments within five to seven years, ideally through an initial public offering. While Allegro Investment Fund has expertise in high-tech startup management, it is currently no longer active in making new investments.

Staffan Encrantz

Chairman

15 past transactions

Sight Sciences

Series C in 2017
Sight Sciences is a medical device company specializing in ophthalmic devices and glaucoma implants aimed at treating irreversible blindness. Headquartered in Menlo Park, California, the company has developed the OMNI Surgical System, which allows for targeted treatment of glaucoma by addressing three points of resistance with a single device and incision. Additionally, Sight Sciences offers TearCare, a wearable technology that delivers adjustable thermal energy to the meibomian glands to treat conditions like dry eye and meibomian gland dysfunction. The company also provides SmartLid, which aids in the natural expression of meibum when it is in a melted state. Founded in 2010, Sight Sciences focuses on both surgical and non-surgical technologies to address prevalent eye diseases and has a commercial office in Southlake, Texas.

Sight Sciences

Series A in 2015
Sight Sciences is a medical device company specializing in ophthalmic devices and glaucoma implants aimed at treating irreversible blindness. Headquartered in Menlo Park, California, the company has developed the OMNI Surgical System, which allows for targeted treatment of glaucoma by addressing three points of resistance with a single device and incision. Additionally, Sight Sciences offers TearCare, a wearable technology that delivers adjustable thermal energy to the meibomian glands to treat conditions like dry eye and meibomian gland dysfunction. The company also provides SmartLid, which aids in the natural expression of meibum when it is in a melted state. Founded in 2010, Sight Sciences focuses on both surgical and non-surgical technologies to address prevalent eye diseases and has a commercial office in Southlake, Texas.

Mass Relevance

Series A in 2012
Mass Relevance is a developer of cloud-based software designed for the media and entertainment sectors, specializing in social media content aggregation, filtration, and integration. Founded in 2009 and based in Austin, Texas, the company was initially known as TweetRiver before rebranding in 2010. Its platform allows brands to manage and broadcast content across social platforms, offering services such as data management, opinion polling, trend analysis, and social activity monitoring. Notable clients include major organizations such as GolfDigest, MSNBC, NBC Sports, and Pepsi. In April 2014, Mass Relevance merged with Spredfast, creating a comprehensive social marketing entity that enhances brand engagement with fans and followers.

Magcam

Venture Round in 2010
MAGCAM specializes in the development and manufacturing of magnetic field measurement systems designed for quality control and analysis of magnetic properties. Their product lineup includes magnetic field cameras, rotor scanners, portal scanners, combi scanners, and a minitable platform, all supported by proprietary software known as Magscope. These tools facilitate the visualization and assessment of magnetic field distributions, proving essential for the development of permanent magnets and magnet systems. In addition to their products, MAGCAM offers support and rental services to ensure that clients can effectively utilize their technology for comprehensive magnetic analysis.

GreenPeak Technologies

Series B in 2009
GreenPeak Technologies BV is a fabless semiconductor company based in Utrecht, the Netherlands, specializing in ultra-low power wireless data communication controller chips primarily for smart home applications and consumer electronics. Founded in 2004 and previously known as Xanadu Wireless, the company has established itself as a leader in the ZigBee market, offering a diverse range of RF chips and software technologies for Internet of Things (IoT) connectivity. GreenPeak's product lineup includes communication controller semiconductor products, transceiver chips, and modules designed for mesh networks and wireless sensor networks. Its solutions enable secure lifestyle information sharing among families, particularly for children and elderly parents. The company markets its products to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) across the United States, Europe, Asia, and Latin America. GreenPeak also provides integration, support, and training services to its clients and has formed a strategic partnership with Sensara to enhance its offerings.

PharmaDiagnostics

Series B in 2009
PharmaDiagnostics NV specializes in developing analytical techniques aimed at enhancing the drug discovery process. The company offers a range of assays designed for the pharmaceutical and biotech industries, including human albumin binding, human orosomucoid, membrane, and redox potential assays. Additionally, PharmaDiagnostics provides assay systems that encompass experimental pKa, experimental log D, P-glycoprotein interaction, Cytochrome P450 interactions, and the solubility of new chemical entities under varying intestinal conditions. Based in Zellik, Belgium, PharmaDiagnostics is committed to delivering innovative solutions that facilitate drug development.

Visys

Series C in 2008
Visys NV is a prominent provider of digital automated sorting solutions tailored for the global food and non-food processing sectors. The company specializes in automated visual inspection services that utilize advanced laser technology to enhance sorting efficiency. By integrating innovative optical sorting techniques, Visys aims to improve quality control and operational efficiency for its clients, thereby addressing the increasing demand for precision in processing. With a focus on technological advancement, Visys stands out as a leader in the development and marketing of its sorting solutions.

Apixa

Venture Round in 2008
Apixa is a Belgium-based company founded in 2007 that specializes in computer vision services aimed at addressing complex challenges for businesses and organizations. The company provides a range of solutions, including deep learning, artificial intelligence, hyperspectral imaging, pattern recognition, medical imaging, visual inspection, photogrammetry, and 3D imaging. By leveraging advanced imaging technologies and techniques, Apixa helps clients enhance productivity, efficiency, and quality in their operations. Its expertise also extends to optical system design, calibration services, and computing solutions, including edge, cloud, and GPU processing.

iNEWiT

Venture Round in 2008
iNEWiT is an engineering company based in Mechelen, Belgium, founded in 2005. The company specializes in identifying, designing, and creating applications and devices for the mobile market. It develops mobile video communication applications and offers a range of wireless communication technologies, including GPRS/EDGE, 3G, HSDPA/HSUPA, WiFi, WiMAX, and satellite networks. iNEWiT's products utilize patent-pending technology to transmit data, video, and sound across various wireless and wired environments and platforms. Additionally, the company provides plug-and-play products tailored for the business-to-consumer markets.

Formac Pharmaceuticals

Venture Round in 2007
Formac Pharmaceuticals is a spin-off from the University of Leuven in Belgium, established on October 3, 2007. The company specializes in developing a drug delivery platform that utilizes ordered mesoporous silica materials to enhance the formulation of poorly soluble active pharmaceutical ingredients (APIs). Formac's innovative approach significantly improves the oral bioavailability of these challenging compounds, which is critical for effective treatment. Since its inception, the company has secured over 40 feasibility agreements with leading pharmaceutical firms and small- to medium-sized enterprises in both human and veterinary medicine. Formac is recognized as the only company to have demonstrated the clinical relevance of its silica-based technology in a clinical setting, highlighting its commitment to advancing drug delivery solutions. The main shareholders include K.U.Leuven, Allegro Investment Fund, Hunza Ventures, and others, reflecting a strong foundation in academic and investment support.

iNEWiT

Series A in 2007
iNEWiT is an engineering company based in Mechelen, Belgium, founded in 2005. The company specializes in identifying, designing, and creating applications and devices for the mobile market. It develops mobile video communication applications and offers a range of wireless communication technologies, including GPRS/EDGE, 3G, HSDPA/HSUPA, WiFi, WiMAX, and satellite networks. iNEWiT's products utilize patent-pending technology to transmit data, video, and sound across various wireless and wired environments and platforms. Additionally, the company provides plug-and-play products tailored for the business-to-consumer markets.

Cinvolve

Venture Round in 2007
Cinvolve specializes in seat occupation monitoring services designed to enhance audience engagement in the cinema industry. Utilizing advanced sensors embedded in theater seating, Cinvolve's system provides real-time detection of seat occupancy, allowing cinema owners to gain insights into audience behavior. This technology eliminates the need for costly traditional ticket control services, empowering cinema operators and studios to leverage audience feedback and ratings to optimize movie programming and scheduling. Founded in 2004 and headquartered in Izegem, Belgium, Cinvolve has established itself as a key player in the integration of digital solutions within the entertainment sector.

AsicAhead

Series B in 2007
AsicAhead NV is a fabless semiconductor company based in Genk, Belgium, with additional offices in Mountain View, California, and Godalming, United Kingdom. Founded in 2003, the company focuses on developing integrated circuits for mobile, wireless, and wire-line communications. Its product offerings include radio frequency silicon solutions such as zero-IF radio architectures, on-chip analog tunable filtering, transmitter loops, and both analog and digital converters. AsicAhead specializes in wireless analog and mixed-signal integrated circuits, catering to applications in global system for mobile communications, wireless local area networks, Bluetooth, and ultra-wideband technologies. As of August 31, 2008, AsicAhead operates as a subsidiary of AnSem N.V.

Atmire

Seed Round in 2006
Atmire is a developer of a digital repository platform aimed at enhancing the accessibility of scientific outcomes and publications. The company collaborates with academic institutions, government agencies, international non-profits, and corporations to broaden the reach of their digital content. By utilizing institution repository technology, Atmire's platform allows researchers and creators to share and distribute their work freely, ensuring that research results are available to the public, including taxpayers. The team at Atmire is committed to continuous improvement and innovation, fostering a collaborative environment where all voices are valued. With a strong foundation in Open Source principles, the company contributes significantly to the community by ensuring that much of its code is shared back, thereby supporting less privileged institutions and individuals in accessing valuable resources.

iNEWiT

Venture Round in 2006
iNEWiT is an engineering company based in Mechelen, Belgium, founded in 2005. The company specializes in identifying, designing, and creating applications and devices for the mobile market. It develops mobile video communication applications and offers a range of wireless communication technologies, including GPRS/EDGE, 3G, HSDPA/HSUPA, WiFi, WiMAX, and satellite networks. iNEWiT's products utilize patent-pending technology to transmit data, video, and sound across various wireless and wired environments and platforms. Additionally, the company provides plug-and-play products tailored for the business-to-consumer markets.
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