Ark Angels Activator Fund

Ark Angels Activator Fund N.V., based in Hasselt, Belgium, is a closed venture capital fund that ceased investing in March 2017. With a capital of 14.8 million EUR, it was recognized as ARKIV and obtained Private Privak status under Belgian law. The fund primarily focused on early and mid-venture companies located in Flanders, investing between 0.2 million and 1.5 million EUR. Initially, it acted as a co-investor alongside business angels from BAN Vlaanderen, later expanding to partner with other capital providers. Ark Angels Activator Fund aimed to support not only young growth companies but also those in the growth or transfer phase.

Marc Mommaerts

Fund Manager

Jan Vorstermans

Fund Manager

Past deals in Belgium

waylay

Series A in 2022
Waylay NV is a cloud software company based in Ghent, Belgium, that specializes in an open, API-centric IoT middleware platform. Founded in 2014, Waylay enables enterprises and public sector organizations to harness the Internet of Things by connecting devices, services, IT systems, and processes. The platform facilitates the orchestration and automation of IoT solutions, allowing clients to break down silos between devices and software applications. By leveraging real-time sensor data, Waylay empowers businesses to make informed decisions and implement automation at scale. Its innovative approach is applicable across various sectors, including energy, logistics, online retail, and smart city initiatives, ultimately enhancing the efficiency and effectiveness of IoT integrations.

Apicbase

Series A in 2021
Apicbase is a developer of cloud-based food management software designed to streamline back-of-house operations for food and beverage managers. The platform integrates various functions such as inventory management, cost control, procurement, and sales analytics, allowing chefs and restaurant managers to make data-driven decisions. By utilizing big data and machine learning, Apicbase's software employs predictive algorithms to optimize the import of raw ingredients, generate detailed bills, and enhance overall kitchen efficiency. This comprehensive solution helps food service businesses improve their operational performance and profitability.

Accelleran

Series B in 2021
Accelleran CVBA designs carrier class indoor and outdoor integrated small cells for LTE TDD applications. It offers small cell software solutions that are targeted at various segments/use cases, such as residential femtocell, enterprise, public urban, public rural, and public remote. The company was founded in 2013 and is based in Geel, Belgium.

Apicbase

Series A in 2019
Apicbase is a developer of cloud-based food management software designed to streamline back-of-house operations for food and beverage managers. The platform integrates various functions such as inventory management, cost control, procurement, and sales analytics, allowing chefs and restaurant managers to make data-driven decisions. By utilizing big data and machine learning, Apicbase's software employs predictive algorithms to optimize the import of raw ingredients, generate detailed bills, and enhance overall kitchen efficiency. This comprehensive solution helps food service businesses improve their operational performance and profitability.

PieSync

Venture Round in 2018
PieSync BVBA operates a platform that connects various professional B2B services and offers two-way synchronization between them. Its platform connects SaaS applications and provides two-way synchronization between them; synchronizes Google Contacts with CRM; enables users to manage their contacts and share them with the team; and keeps contacts up to date across Google and Capsule. The company was founded in 2012 and is based in Ghent, Belgium. As of October 31, 2019, PieSync BVBA operates as a subsidiary of HubSpot, Inc.

Virteo NV

Series A in 2018
Virteo NV, founded in 2013 and headquartered in Mechelen, Belgium, operates a SaaS-based platform designed to recover unpaid invoices. The platform facilitates both internal dunning and external debt collection processes, catering to a diverse clientele that includes corporations, small and medium-sized enterprises, public institutions, court bailiffs, and lawyers. By providing tools that enable credit managers to collaborate directly with external partners, such as lawyers and recovery agencies, Virteo enhances efficiency and transparency in the debt collection process. The company emphasizes a socially responsible approach, allowing creditors to enforce ethical practices while achieving economic goals. Through its platform, Virteo empowers clients to reduce costs, improve recovery results, and maintain oversight of their external collection partners, fostering a more compliant and responsible debt recovery environment.

Apicbase

Seed Round in 2017
Apicbase is a developer of cloud-based food management software designed to streamline back-of-house operations for food and beverage managers. The platform integrates various functions such as inventory management, cost control, procurement, and sales analytics, allowing chefs and restaurant managers to make data-driven decisions. By utilizing big data and machine learning, Apicbase's software employs predictive algorithms to optimize the import of raw ingredients, generate detailed bills, and enhance overall kitchen efficiency. This comprehensive solution helps food service businesses improve their operational performance and profitability.

sympl

Seed Round in 2017
sympl NV operates an online recruitment company. The services also include integration of chatbots and video into its platform to connect job seekers and companies. sympl NV was founded in 2015 and is based in Antwerp, Belgium.

waylay

Seed Round in 2017
Waylay NV is a cloud software company based in Ghent, Belgium, that specializes in an open, API-centric IoT middleware platform. Founded in 2014, Waylay enables enterprises and public sector organizations to harness the Internet of Things by connecting devices, services, IT systems, and processes. The platform facilitates the orchestration and automation of IoT solutions, allowing clients to break down silos between devices and software applications. By leveraging real-time sensor data, Waylay empowers businesses to make informed decisions and implement automation at scale. Its innovative approach is applicable across various sectors, including energy, logistics, online retail, and smart city initiatives, ultimately enhancing the efficiency and effectiveness of IoT integrations.

Virteo NV

Venture Round in 2016
Virteo NV, founded in 2013 and headquartered in Mechelen, Belgium, operates a SaaS-based platform designed to recover unpaid invoices. The platform facilitates both internal dunning and external debt collection processes, catering to a diverse clientele that includes corporations, small and medium-sized enterprises, public institutions, court bailiffs, and lawyers. By providing tools that enable credit managers to collaborate directly with external partners, such as lawyers and recovery agencies, Virteo enhances efficiency and transparency in the debt collection process. The company emphasizes a socially responsible approach, allowing creditors to enforce ethical practices while achieving economic goals. Through its platform, Virteo empowers clients to reduce costs, improve recovery results, and maintain oversight of their external collection partners, fostering a more compliant and responsible debt recovery environment.

BeWell Innovations

Venture Round in 2016
BeWell Innovations is a fast-growing Belgian medtech company specializing in connected medical technology for tele-monitoring and patient self-testing. Originally founded in 2010, BeWell Innovations has earned a reputation as a solid partner in the Belgian healthcare environment.

Accelleran

Series A in 2016
Accelleran CVBA designs carrier class indoor and outdoor integrated small cells for LTE TDD applications. It offers small cell software solutions that are targeted at various segments/use cases, such as residential femtocell, enterprise, public urban, public rural, and public remote. The company was founded in 2013 and is based in Geel, Belgium.

PieSync

Venture Round in 2016
PieSync BVBA operates a platform that connects various professional B2B services and offers two-way synchronization between them. Its platform connects SaaS applications and provides two-way synchronization between them; synchronizes Google Contacts with CRM; enables users to manage their contacts and share them with the team; and keeps contacts up to date across Google and Capsule. The company was founded in 2012 and is based in Ghent, Belgium. As of October 31, 2019, PieSync BVBA operates as a subsidiary of HubSpot, Inc.

Twikey

Venture Round in 2016
The Twikey service offering consists of an easily accessible contract negotiation framework making the link between companies & their customers using the banks trusted eco-system. Twikey also allows to interface seamlessly with third party CRM & ERP packages and is complementary to internal mandate management systems.

Laser Cladding Venture

Seed Round in 2015
Laser Cladding Venture offers the industry a complete service for surface treatment, repair and 3D. Laser Cladding Venture offers laser cladding as a service, but also provides support for the optimization of your product.

REstore

Venture Round in 2015
REstore is the award-winning energy technology company, specialized in Demand Side Management and leading the fast-growing European Primary Reserve / Frequency control market, and operates in all ancillary services and capacity markets in France, UK, Germany and Benelux. FlexPond™. REstore's AI-platform, is used by +150 of the largest C&I consumers and the largest top 50-utilities. FlexTreo™, offered to large C&I consumers, is REstore's latest solution to monetise flexibility.

TheraSolve

Series A in 2015
TheraSolve NV is a medical technology company focused on enhancing medication adherence through innovative and user-friendly solutions. The company's flagship product, the Memopatch, is a skin patch designed to support and remind patients when to take their medications, thereby improving compliance with treatment regimens. By leveraging its patented technology platform, TheraSolve aims to motivate a wide range of patients to follow prescribed medication schedules and engage in other health-promoting activities. The company is committed to providing cost-effective tools that address the challenges of medication adherence, ultimately contributing to better health outcomes.

Santana International

Venture Round in 2014
Santana International owes its excellent reputation to a series strong trump cards, as a high-quality product with a very wide choice, its own installation service and tailor-made professional advice

Instrumen

Venture Round in 2013
Instrumen develops Supportive and Robotic Medical Technology for Minimal Invasive Surgery (MIS). The Instrumen Systems are developed based upon surgeons demands and feedback and do make MIS easier, safer and accessible to everyone in need. The core of the Instrumen Technology is based upon the patented Adjustable Remote Center of Motion (ARCM) mechanism which allows to build a range of modularly designed passive as well as active surgery support Systems. In July 2013 Instrumen introduced its first System, the VESALIUS Position Holder (VPH). The VPH is a modular, universal instrument positioner and holder for single-hand manipulation which outperforms existing holders in compactness, stability and ease-of-use. When using the VPH in positioning and holding scopes, surgeons experience more stable imaging, extra precise manipulation and reduced workload of assisting staff. Through the development of a generic Robotic platform, Instrumen is also developing a series of advanced Robotic Medical Systems. This generic Robotic platform prototype is being further enhanced through R&D-activities in domains like interfacing, image processing, surgical integration,

Step4media nv

Venture Round in 2013
Step4media has become more and more a specialist in the development and implementation of digital media concepts and communication.