The Faktory

The Faktory is a venture capital firm and startup accelerator based in Angleur, Belgium, founded in 2013 by entrepreneur Pierre L’Hoest. The firm specializes in incubating and funding early-stage companies, primarily focusing on the Internet of Things and connected devices. It targets investments in sectors such as broadcasting and business-to-business services, with a particular interest in consumer electronics, gaming, and high-technology. The Faktory typically invests between €0.2 million and €1 million per transaction, acquiring minority stakes of approximately 30%. With over €4.5 million under management, the firm has supported 11 companies and employs a comprehensive approach to nurturing startups, including market validation and customer-centric development. The Faktory collaborates with Boldstart Ventures in New York City, leveraging extensive venture experience to enhance the growth potential of its portfolio companies across Belgium, France, Luxembourg, and the Netherlands.

Simon Alexandre

Partner

Pierre L'Hoest

Founder and President

Past deals in Luxembourg

Foobot

Seed Round in 2014
Foobot, operated by Airboxlab S.A.S., specializes in the development and manufacturing of indoor air quality monitoring devices aimed at enhancing household environments. Founded in 2013 and based in Sanem, Luxembourg, the company provides a mobile application that displays real-time data collected by its monitoring devices, allowing users to actively manage their air quality. Additionally, Foobot’s platform leverages artificial intelligence to optimize HVAC system control, making predictions based on indoor conditions and weather forecasts. This approach not only helps improve the indoor climate but also enables users to achieve energy savings in their spaces.
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