The Faktory
The Faktory is a venture capital firm and startup accelerator based in Angleur, Belgium, founded in 2013 by Pierre L’Hoest. The firm specializes in seed and early-stage investments, focusing on sectors such as Information and Communication Technology, Health, Media, leisure technology, and the Internet of Things. The Faktory targets companies primarily in Belgium, France, Luxembourg, and the Netherlands, investing between €0.2 million and €1 million per transaction, while typically taking a minority stake of around 30%. With over €4.5 million under management, The Faktory has invested in 11 companies that serve niche markets in areas like consumer electronics, gaming, and SaaS products. The firm's approach incorporates methodologies such as the Lean Startup and Business Model Canvas to support the growth of startups by identifying market niches and facilitating customer-centric development. The Faktory also collaborates with Boldstart Ventures, leveraging their extensive experience in venture capital to enhance the success of its portfolio companies.