Capricorn Partners

Capricorn Partners is an independent venture capital firm based in Leuven, Belgium. Founded in 1993, it manages venture capital funds and makes technology-driven investments in innovative European growth companies, emphasizing technology as a competitive advantage across sectors such as consumer, healthcare, information technology, software as a service, manufacturing, life sciences, oncology, big data, clean technology and digital health.

Daniela Arruda Costa

Investment Associate

Jan Avonts

Investment Director

Daniela Arruda Costa

Investment Associate

Olaf Cörper

Partner

Antoine D'Hollander Ph.D

Investment Director

Past deals in Industrial Engineering

Econic Technologies

Venture Round in 2024
Econic Technologies Ltd. is a chemical technology company based in Macclesfield, United Kingdom, specializing in the development of innovative processes to convert carbon dioxide and epoxides into valuable polymers and polyurethanes. Founded in 2011, the company leverages catalyst chemistry to transform waste CO2 into commercially viable products, thereby reducing dependence on fossil fuels and providing environmental benefits. Econic's product offerings include polycarbonates and polycarbonate polyols, which are utilized in various applications such as mattresses, insulation, footwear, packaging, and construction materials. Additionally, the company produces glues and coatings for industrial uses. With patented catalyst technologies and a skilled team of scientists and engineers, Econic Technologies operates from a state-of-the-art facility at Alderley Park, focusing on turning scientific advancements into practical solutions for the plastics industry while addressing environmental challenges.

Econic Technologies

Series D in 2022
Econic Technologies Ltd. is a chemical technology company based in Macclesfield, United Kingdom, specializing in the development of innovative processes to convert carbon dioxide and epoxides into valuable polymers and polyurethanes. Founded in 2011, the company leverages catalyst chemistry to transform waste CO2 into commercially viable products, thereby reducing dependence on fossil fuels and providing environmental benefits. Econic's product offerings include polycarbonates and polycarbonate polyols, which are utilized in various applications such as mattresses, insulation, footwear, packaging, and construction materials. Additionally, the company produces glues and coatings for industrial uses. With patented catalyst technologies and a skilled team of scientists and engineers, Econic Technologies operates from a state-of-the-art facility at Alderley Park, focusing on turning scientific advancements into practical solutions for the plastics industry while addressing environmental challenges.

Qpinch

Series B in 2021
Qpinch is a company focused on transforming wasted industrial heat into valuable process heat, thereby generating carbon-neutral steam and reducing energy costs for various industries. By utilizing an innovative chemical heat transformer, Qpinch helps businesses optimize their existing industrial assets, leading to immediate energy savings while minimizing their environmental impact. The company's technology allows clients to effectively repurpose waste heat, contributing to a more sustainable energy landscape and enhancing operational efficiency.

Black Bear Carbon

Venture Round in 2021
Black Bear Carbon BV specializes in the conversion of waste tires into carbon black and green energy, operating from its base in Nederweert, the Netherlands, since its founding in 2010. The company utilizes a circular economy model, transforming end-of-life tires into sustainable products that serve various industries. Its carbon black, derived from controlled pyrolysis and partial combustion of hydrocarbons, is utilized in applications such as tires, technical rubber products, plastics, paints, and inks. In addition to producing carbon black, Black Bear Carbon generates electricity from its operations, which powers its tire shredding processes and supplies energy to local industries and grids. Through these efforts, the company provides businesses with recyclable carbon compounds, contributing to reduced reliance on oil and lower carbon dioxide emissions.

Arkite NV

Venture Round in 2019
Arkite NV is a Belgian company, founded in 2015 and based in Genk, that focuses on manufacturing automation products designed to enhance manufacturing operations. Its primary product, the Human Interface Mate (HIM), assists operators by providing immediate warnings when incorrect operations occur and guiding them towards standardized work processes. The company prides itself on a dedicated team with expertise in industrial engineering, lean thinking, and process innovation. In addition to its technological offerings, Arkite NV provides professional services, including process innovation consultancy, integration services, and training to support the implementation of its products. The company also aids clients in conducting time studies for technology innovation and improving quality systems, ultimately aiming to reduce waste and streamline operations.

Black Bear Carbon

Venture Round in 2018
Black Bear Carbon BV specializes in the conversion of waste tires into carbon black and green energy, operating from its base in Nederweert, the Netherlands, since its founding in 2010. The company utilizes a circular economy model, transforming end-of-life tires into sustainable products that serve various industries. Its carbon black, derived from controlled pyrolysis and partial combustion of hydrocarbons, is utilized in applications such as tires, technical rubber products, plastics, paints, and inks. In addition to producing carbon black, Black Bear Carbon generates electricity from its operations, which powers its tire shredding processes and supplies energy to local industries and grids. Through these efforts, the company provides businesses with recyclable carbon compounds, contributing to reduced reliance on oil and lower carbon dioxide emissions.

Arkite NV

Venture Round in 2017
Arkite NV is a Belgian company, founded in 2015 and based in Genk, that focuses on manufacturing automation products designed to enhance manufacturing operations. Its primary product, the Human Interface Mate (HIM), assists operators by providing immediate warnings when incorrect operations occur and guiding them towards standardized work processes. The company prides itself on a dedicated team with expertise in industrial engineering, lean thinking, and process innovation. In addition to its technological offerings, Arkite NV provides professional services, including process innovation consultancy, integration services, and training to support the implementation of its products. The company also aids clients in conducting time studies for technology innovation and improving quality systems, ultimately aiming to reduce waste and streamline operations.

Ensartech

Venture Round in 2011
Ensartech is engages in mastering high temperature processes to process highly polluted waste and residual streams of various industries and convert them into various types of energy.

Ensartech

Venture Round in 2008
Ensartech is engages in mastering high temperature processes to process highly polluted waste and residual streams of various industries and convert them into various types of energy.
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