Finindus

Finindus is an investment company funded by ArcelorMittal and the Flemish Region and is linked to OCAS, a world class metal research center with campuses in Zelzate and Zwijnaarde (Belgium). We provide early stage and growth financing (both equity and debt) to innovative companies active across the metal value chain and that focus on … materials: new alloys, surface functionalization, composite materials, … material processing: forming, joining, coating, cutting, … sustainable manufacturing: technologies for energy efficient manufacturing and energy recuperation, CO2 capturing, valorization of waste streams, recyling, … Finindus typically invests 0,5 up to 5 MEUR per round with a maximum of 10 MEUR per company. While They focus on Europe and have Flanders as Their sweet spot, They also consider investment opportunities in other continents in activities at the center of Their core domains. They are an active investor and strive to contribute to the value creation in Their portfolio companies by leveraging Their network, by sharing experience and insights and by facilitating access to the researchers and state-of-the art infrastructure of OCAS.

Ruben Decoster

Investment Associate

Hans Maenhout

Investment Director

16 past transactions

Tau Group

Series B in 2023
Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability, and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. A European team of 50+ people now, Tau is headquartered in Berlin, Germany, while its R&D hub and most of the team is located in Turin, Italy.

JUUNOO

Seed Round in 2022
JUUNOO is a circular economy start-up focused to stop single-used walls. It is a sector accounting for 300 billion $ waste per year = 1,05% of global CO2 emissions. JUUNOO solves it with their flexible/circular wall system. It builds 7x faster (proof), and reduces the TCO by 30% while reducing CO2 equivalent emission by 70% thanks to reusability & adaptability. Next to this their walls also offer top acoustic values and a high-end aesthetic finishing. Their sustainable business model is created to scale exponentially as JUUNOO can make huge margins by buying back our walls after their first usage and selling them over and over again. In this second, third, … life they even make more margin than in the production of new materials. This concept will allow them to have a global impact and inspire others to find new solutions to fix the single-use economy

Ionomr

Series A in 2022
Ionomr is pioneering and commercializing the world's most advanced ion-exchange materials. These provide an enabling platform for clean tech solutions after more than five decades of stagnation in available materials. Using our deep knowledge of scalable electrochemical systems, we enable more efficient systems that will lead to the decarbonization of the planet for future generations. To date, electrochemical applications in the clean tech realm use materials that contain toxic fluorinated chemicals (PFCs). PFCs leach into water sources and bioaccumulate for hundreds of years, having a dire impact on human health and the entire ecosystem. We are driven to replace these materials with our environmentally friendly hydrocarbon alternatives that reduce pollution at the source, and are proven to be more durable and efficient than incumbent materials. Ionomr's membranes and polymers are highly processable, which allow for simple integration into electrochemical systems. We enable optimal performance in applications for chemical & water remediation, energy storage and hydrogen. We are passionate about empowering the development of resilient and sustainable systems that will underlie the future of the renewable energy and circular chemical economies.

Sentea

Venture Round in 2021
Sentea has fiber optic sensing that enables highly accurate and robust structural health monitoring solutions that can predict and prevent equipment failure and structural damage even in the harshest environments. Furthermore, fiber optic sensors can be used to monitor and improve equipment and process operational efficiency.

IMSystems

Series A in 2021
IMSystems introduces the new standard in high-performance gearbox technology: the Archimedes Drive. We have finally been able to get rid of the gear teeth and beat the traction drive paradox. This enables us to deliver precisely the right force at precisely the right place using our patented Flexroller technology. The Archimedes Drive is available in ratios up to 10,000:1 - almost 100 times it's nearest competition. We can deliver high torque in a fraction of the volume of other speed reducer technologies, and do it with precision approaching 1 arc-second. Simply put, our drive technology is lighter, stronger, more efficient, more scalable and lower cost than any competing drive technology. Our goal is nothing less than to cause a revolution in the robotics industry.

Wizata

Funding Round in 2021
Wizata is make sense of your data and discover unique solutions and unexploited opportunities. Wizata proposes vertical solutions answering to your specific sector challenges. As main domains of expertize, Wizata counts today the Manufacturing (Industry 4.0), Insurance, Energy, Healthcare sectors and e-commerce for predictive management and process optimization. By embedding themselves in your business and synergising with your teams, WIZATA’s data scientists uncover hidden gems within your data, whether internal or external to your organisation. Every profile is an exception, that’s why WIZATA offers an advanced collaboration model with people who are real experts in data science. Unique profiles for unique services.

Xenomatix

Venture Round in 2021
XenomatiX offers solid-state light detection and ranging solutions for advanced driver assistance systems and autonomous driving applications. It is also a solution for road construction and surveying, industrial, automotive, mining, agriculture, off-road, and railway.

Tau Group

Series A in 2020
Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability, and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. A European team of 50+ people now, Tau is headquartered in Berlin, Germany, while its R&D hub and most of the team is located in Turin, Italy.

Guaranteed

Venture Round in 2019
Guaranteed provides a repair and rebuild service for large industrial components using direct energy deposition technologies. It allows the repairing and rebuilding of large slow movers, reducing the long lead times, eliminating the need for large amounts of new raw materials, and avoiding storage or transportation costs.

Innecs Power Systems BV

Venture Round in 2018
Innecs Power Systems manufactures energy conversion systems for reduced energy costs and improved sustainability.s.

Rein4ced

Seed Round in 2017
Rein4ced develops more impact resistant composite than carbon

Keystone Tower Systems

Venture Round in 2017
Kestone's spiral-welding process is a breakthrough in tower manufacturing, allowing for the support of larger next-generation turbines. The company can significantly reduce the cost of onshore and offshore towers while also allowing turbines to reach higher into stronger winds for more energy absorption.

Borit

Venture Round in 2014
Borit delivers components for fuel cells and electrolyzes. By developing a production infrastructure of ultra-thin metal bipolar plate assemblies and by providing metal forming, cutting, welding, coating, and sealing, they contribute to the clean energy economy.

Expanite

Venture Round in 2014
Expanite has developed a series of unique solutions for surface-hardening of stainless steel. With the opportunity of processing most common stainless steel alloys - either in-house or at Expanite's treatment centre - the company offers significantly improved corrosion, wear, fatigue and scratch resistance

Calyos

Venture Round in 2012
Born out of the space industry, we combine our expertise and scalable manufacturing capacity with our patented technologies. Our solutions give you the freedom to design without thermal limitations, enabling your products to be the most competitive.

PowerCell Sweden

Venture Round in 2009
Powercell Sweden AB develops and distributes fuel cell systems for the transport industry and selective high technology markets. It also develops a fuel processor, which converts existing fuel into clean hydrogen that is used to fuel the company's fuel cell system. The company's products are used in trucks and the marine segments. Powercell Sweden AB was founded in 2008 and is based in Gothenburg, Sweden.
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