Vlerick Group

Vlerick Group, a family office based in Kortrijk, Belgium, has its origins in the textile industry dating back to 1880. It evolved from B.I.C. Carpets, a manufacturer of high-end woollen broad-loom woven carpets established in 1956. The group engages in investments across a diverse range of sectors, including textiles, metal engineering, and real estate, focusing on mature private companies as well as early-stage and growth-stage enterprises. Vlerick Group has also made investments in listed companies and actively participates in the development of financial services, building on its historical ties to the former holding company that became KBC Groep.

Philippe Vlerick

Founder and CEO

4 past transactions

Onto

Series B in 2021
Your electric car, one month at a time, one monthly fee. On.to

Magnax

Series A in 2020
Magnax specializes in the development and manufacturing of next-generation electric motors utilizing yokeless axial flux technology. Their motors are designed to achieve high power densities exceeding 15-kW/kg, while offering up to 20% greater efficiency compared to traditional alternatives, all at competitive costs. This advanced technology features a patented cooling system for the windings, which helps maintain low stator temperatures and enhances robustness. Additionally, the use of oriented electrical steel minimizes core losses, making Magnax's products particularly suitable for e-mobility applications and aerospace propulsion systems. The company collaborates with manufacturing partners to ensure scalability and meet the growing demands of the electric vehicle market. Currently, Magnax is seeking investors to further advance its innovative solutions.
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