MiddleGame Ventures is a European fintech-focused venture capital firm that backs early-stage and growth-stage startups building digital financial services infrastructure, including middleware, open finance, payments, digital banking, blockchain and crypto, and related AI, data and risk management solutions, with activity across Europe and North America. Headquartered in Luxembourg with offices in Dublin, London and Washington, D.C., it leverages a network of investors, operators and former regulators to provide strategic guidance and hands-on support to portfolio companies.

Dedicated is a Luxembourg-based venture capital investment boutique that sources and structures high-potential deals for private investors. The firm identifies opportunities across ambitious bets and conservative investments and structures special purpose vehicles to provide selective access to deals, including allocations in highly sought rounds. It focuses on facilitating access to venture opportunities and supporting the creation of value through disciplined investment selection.

Fortino Capital is a Belgium-based European private equity and venture capital firm focused on B2B software, SaaS, and AI-enabled technology. It partners with mid-market leaders to accelerate growth, offering capital, operational expertise, and strategic guidance, including support for go-to-market initiatives and potential mergers and acquisitions. The firm targets growth and expansion investments in Western Europe, with activity across the Benelux region and broader Europe, and maintains offices in Belgium, Germany, and the Netherlands. Fortino Capital backs software, IT services, and related technology sectors, and has funded ventures in Belgium, France, Germany, Luxembourg, and the Netherlands.

Mangrove Capital Partners is a Luxembourg-based venture capital firm founded in 2000 that focuses on early- and growth-stage technology investments. It backs software, internet and digital sectors, including online services, marketplaces, SaaS, mobile, security, fintech, health tech, education and artificial intelligence, with a geographic emphasis on Europe and Israel and activity in nearby markets. The firm provides capital plus guidance, industry relationships and support to help founders scale, leveraging a track record that includes backing notable unicorns such as Skype, Wix, K Health and Flo Health. It operates across a multi-fund platform with offices in Luxembourg, Berlin and Tel Aviv, reflecting its pan-European and Middle Eastern footprint.

Ilavska Vuillermoz Capital is a venture capital and alternative investment firm based in Luxembourg, with activities in the Czech Republic. Founded in 2019, it concentrates on early-stage defence technology and DefenceTech ventures, including single- and dual-use applications, and also invests in other technology sectors across early to late stages.

Be Angels is a European business angel network based in Brussels, Belgium. It connects founders with experienced angel investors to provide equity financing and coaching for early-stage companies across sectors such as SaaS, biotechnology, AI, robotics, automotive technology, construction, hospitality, healthcare, information technology, energy, and financial services. The network offers dealflow management, mentorship, and educational resources through BeAngels Academy, and organizes fundraising events. It operates primarily in Belgium, Luxembourg, and France and counts around 250 members. Through its activities, Be Angels has facilitated more than 10 million euros in funding for innovative startups over the past four years. It collaborates with professional partners to assist private investors with capital gains tax guidance, strengthening support for founders and their backers in the region.

Vesalius Biocapital Partners is a Luxembourg-based venture capital firm that invests in life sciences and health care companies across Europe. Since 2007, it has managed multiple funds and served as lead investor in the majority of its rounds, supporting ventures from early to late stages with proprietary technology, strong IP, and clear competitive advantages. The firm focuses on therapeutics, medical devices, diagnostics, digital health and eHealth, aiming to back companies addressing unmet medical needs with solid data. Its portfolio focuses on European opportunities and emphasizes management collaboration and strategic insight.

SGH Capital is a collective of funds that deploy capital in early and mid-stage disruptive technology companies across the United States and Western Europe, with activity extending to other regions. Founded in 2015 by Alexandre Azoulay and based in Luxembourg, the firm pursues a technology-agnostic approach and backs ventures across sectors including fintech, blockchain, software, and enterprise technology. It operates a proprietary AI platform supported by a global network of scientists to inform capital allocations and employs a quantamental framework alongside traditional networks. SGH Capital invests through direct equity, venture debt, and fund-of-funds structures and manages multiple funds such as SGH/Alpha, SGH/Fluid, and SGH/Growth. The group seeks to provide investors with access to exclusive direct investment opportunities and emphasizes stage flexibility and global reach to back high-growth companies and unicorns.

Bellevue Asset Management is a Swiss investment management firm and subsidiary of Bellevue Group, an independent financial group headquartered in Zurich. Established in 1993, it offers a broad range of investment products and services to intermediary and institutional clients, with a notable emphasis on the healthcare sector through Luxembourg-based funds and specialized equity strategies. The firm manages client-focused equity portfolios, mutual funds, hedge funds, and venture capital investments and invests globally in public equities using fundamental, bottom-up research. It also pursues multi-asset strategies and supports entrepreneur-themed funds, reflecting its pioneering approach in this niche. Bellevue Asset Management operates from Küsnacht with additional offices in Germany, Austria, and Luxembourg.

Bek Ventures is a global venture capital firm that backs a selective group of early-stage technology founders from their earliest days to global scale. The firm leverages a principle-driven approach developed over two decades and provides relentless, hands-on support while concentrating resources on a small number of portfolio companies. It has backed multi-billion-dollar successes such as UiPath and Payhawk and has been recognized as a top-performing VC globally since 2010 by HEC/Dow Jones. With offices in London, New York, Luxembourg and Istanbul, Bek aims to help exceptional teams transform ambitious ideas into scalable businesses through focused investment and active partnership.

Porsche Ventures is the corporate venture capital arm of Porsche, investing in early-stage and growth companies across mobility, industrial technology, sustainability, and digital lifestyle. It targets business models that enhance customer experience and advance future technologies such as artificial intelligence, blockchain, and virtual and augmented reality, leveraging Porsche’s industry expertise to accelerate portfolio companies addressing mobility, energy transition, and related fields. The firm backs ventures in areas including AI-powered manufacturing, battery technology, IoT and cybersecurity, and cloud-edge solutions, with a global footprint that includes offices in Stuttgart and Berlin (Germany), Palo Alto (USA), Tel Aviv (Israel), Shanghai (China), and Luxembourg.

Mojo Capital is a Luxembourg-based investment firm that operates a collaborative platform to finance growth of Europe-based digital technology champions. Founded in 2014, it connects founders, managers, and investors to access growth capital and market opportunities across Europe, the United States, and Asia. Through its network and partnership-driven approach, Mojo Capital provides investors with access to digital technology opportunities and offers governance and value-creation support to portfolio companies as they scale. The firm focuses on early-stage to growth investments in digital technology and information technology companies, aiming to accelerate expansion through strategic collaborations and a structured governance framework.

Bamboo Capital Partners is an impact investing private equity firm that provides debt and equity financing to businesses in emerging and frontier markets. It targets sectors such as energy, healthcare, financial services, microfinance, fintech, housing, education, agriculture, and related opportunities, backing companies from seed to growth stages. The firm seeks to generate financial returns while delivering social impact, including financial inclusion and job creation, with activities aligned to sustainable development goals. Founded in 2007, Bamboo Capital Partners operates globally with offices in Europe, Africa, and the Americas.

Fable Investments is the corporate venture capital arm of Natura &Co, established in 2020 to invest in emerging and high-growth companies in the beauty and wellness sectors.

Alpha Praetorian Capital is a Luxembourg-based venture capital firm that invests across the digital asset economy, including blockchain, fintech, financial services, and information technology, with activities across Europe, Asia, and North America. It targets both early and late-stage startups and operates as a venture builder, providing capital, mentorship, and access to a global network to support growth and international expansion. The firm emphasizes collaboration with entrepreneurs to foster disruptive innovations in Web3, AI, and high-performance computing, and has demonstrated active deal activity, including leading a seed round in a Web3 CRM company.

i&i Biotech Fund is a Luxembourg-based venture capital firm that invests in European life sciences companies spanning drug discovery, medical devices, diagnostics, digital health, and related AI-enabled technologies.

Groupe HLD is a European private equity group founded in 2010 that invests in high-growth companies across Europe in sectors including business services, consumer, healthcare, and industry. It pursues an entrepreneurial partnership approach and prioritizes operational development over financial leverage, pursuing growth through acquisitions, buildups, and exits. The group manages about €4 billion in assets and has a footprint spanning Luxembourg, Italy, France, Switzerland, and beyond. In the last year its 22 portfolio companies generated roughly €10 billion in turnover and employed about 97,922 people, highlighting its scale. Since inception it has completed 29 acquisitions and more than 70 buildups.

BlueOrchard Finance is a global asset manager concentrating on impact investing, with a focus on debt financing for microfinance institutions. Headquartered in Geneva, Switzerland, it maintains offices in Cambodia, Georgia, Peru and Kenya, with a presence in Luxembourg and Zurich. Since 2001, it has facilitated billions of dollars in microfinance loans and aims to advance inclusive finance while offering investors products that balance financial and social returns. The firm provides microfinance investment solutions across asset classes and relies on local expertise and impact management to support entrepreneurs in emerging markets and promote a sustainable financial system.

Level-Up is a Luxembourg-based venture capital firm, founded in 2015, that focuses on the mobile and gaming sectors. It supports its portfolio through a network of studios that help founders develop and scale their products, with the aim of delivering lasting value to both entrepreneurs and investors.

TLF Ventures is a Luxembourg-based venture capital firm founded in 2020 that invests in technology and luxury sectors, backing entrepreneurs who drive industry transformation. The firm focuses on AI, fashion technology, e-commerce, virtual reality, Web3, data and analytics, retail technology, logistics, digital goods, and related areas, seeking companies with potential for large-scale impact. Its portfolio includes startups such as Wirestock, Phia, FashionJet, and DressX, reflecting a focus on tech-enabled luxury experiences and products. TLF Ventures provides strategic support to founders to realize their visions and pursue scalable growth.

Neurone is a technology-focused investment holding company and venture capital firm that backs early and growth-stage technology companies globally, builds and incubates new technology ventures, and provides operational support to help portfolio companies scale. It operates across Europe with a footprint in Luxembourg, London, Milan and Nicosia, enabling close collaboration with entrepreneurs across markets. Founded in 2019, Neurone seeks to invest across sectors including B2C, healthcare, information technology, life sciences, SaaS, agriculture technology, climate technology, digital health, insurtech, robotics and drones, among others.

Paladin Capital Group is a global investor and venture capital firm focused on technologies, products, and services with dual-use applications for commercial and government markets. The firm combines financial expertise with deep domain knowledge to actively support growth-stage and technology-focused companies, offering strategic guidance, access to customers and markets, non-dilutive financing, and talent recruitment. Its investment focus includes cybersecurity, secure AI, deep tech, and digital infrastructure resilience, with a track record of deploying substantial capital across dozens of investments since its inception. Headquartered in Washington, D.C., Paladin maintains offices in New York, Silicon Valley, London, and Luxembourg, reflecting its international reach. The firm emphasizes leveraging industry networks and partnerships to accelerate value creation and help portfolio companies navigate both commercial and government ecosystems.

Dgpays is a Turkish-based payment technology group led by Dgpara Ödeme ve Elektronik Para Kuruluşu A.Ş., regulated by the Turkish Central Bank under Law No. 6493 to provide electronic money and payment services. The group comprises Dgpara and Dgpays IT as subsidiaries and operates under the Dgpays umbrella, with approvals to offer cloud services through the Topluluk Bulutu initiative. Headquartered in Istanbul with offices in Dubai, Luxembourg and Wilmington, Delaware, it serves banks, e-money institutions, telecom operators and transportation operators worldwide, delivering electronic money, payment services and related IT solutions. Its platform covers mobile wallets, prepaid cards, bill payments, loyalty programs and payment gateway infrastructure, and it provides a fintech hub plus compliance tools such as AML, fraud management and authentication. It maintains memberships with BKM, Visa, Mastercard and PCI SSC, underscoring security and interoperability.

Vesna Deep Tech Fund is a venture capital investment firm based in Senningerberg, Luxembourg, established in 2024. It concentrates on funding deep tech initiatives and startups, with the aim of addressing or innovatively solving the planet's most significant problems.

Alpha Intelligence Capital is a global venture capital firm focused on funding early-stage AI-first companies from seed to Series B. It emphasizes an entrepreneur-led approach and relies on a team with experience from Fortune 500 firms, successful startups, universities, private equity, and ventures to help portfolio companies grow. The firm backs AI and machine learning ventures that apply algorithmic sciences to solve real business problems and operates across regions including the United States, Canada, Europe, Asia, and the Middle East, with offices in San Francisco, Paris, Luxembourg, and Singapore.

UNA TERRA is a venture capital firm focused on sustainable technology and the circular economy. Founded in 2021 and based in Zurich, it also has offices in Luxembourg and The Hague and operates globally. The firm invests in packaging, waste management, sustainable materials, biomaterials, apparel and textiles, food systems, and marine pollution control, aiming to scale circular economy solutions that regenerate biodiversity and address climate change. It seeks to deliver social and environmental impact alongside financial returns and engages with scale-ups and investors; it positions itself as an exclusive partner of Climate-KIC and aligns with European initiatives such as the European Green Deal, Horizon Europe, and Net Zero Cities.

Cloudberry Pioneer Investments is a venture capital firm with teams in the United Kingdom, Singapore, and Luxembourg. It invests in early-stage startups in fintech, renewable energy, and high-performance computing, aiming to transform industries through resilience and innovation.

Ben Oldman is a European alternative investment manager founded in 2013, specializing in Special Situations and Asset-Backed Lending with a focus on opportunistic, proprietary off-market deals in the European mid-market. The firm manages over €1 billion in assets and operates from offices in Luxembourg, Madrid, London, Paris, and Milan. Its activities include primary lending, secondary trading, and related financing solutions such as bridge financing and corporate special situations, with a track record spanning more than 12 years and delivering double-digit returns. The firm emphasizes local relationships to source unique opportunities and serves sectors including real estate, infrastructure, and green energy.

212 is a venture capital firm focused on backing B2B technology startups in emerging markets and supporting their global expansion. The firm leverages a global network and local market expertise across Istanbul, London, Doha, Dubai, and San Francisco to help entrepreneurs scale from early stages to international growth. It emphasizes hands-on value creation through strategy, product-market fit, and operational guidance, providing mentoring and advisory support to portfolio companies. With an emphasis on Turkey, Central and Eastern Europe, and the Middle East, 212 backs technology companies with demonstrated traction and scalable business models, aiming to connect local know-how with global opportunities and accelerate cross-border growth.

Digital Space Ventures is a venture capital firm that backs seed and early-stage startups across fintech, data and AI, enterprise software, and decentralized technologies. Taking a founder-first approach, it provides capital and active partnership to help ambitious founders disrupt financial services and the broader enterprise technology landscape. The firm focuses on technology-driven companies at the intersection of payments, cybersecurity, machine learning, and fraud detection, typically supporting portfolio growth with strategic guidance and a wide professional network. It operates from Europe, with roots in Luxembourg and bases in the United Kingdom, reflecting its cross-border activity since its founding in the mid-2010s. Typical investments are in early equity rounds, enabling founders to build the next generation of financial and data-driven infrastructure.

b2venture is a European venture capital firm focused on early-stage investments in innovative startups, with a strong emphasis on the German-speaking region. Based in Saint Gallen, Switzerland, it backs Pre-Seed to Series A rounds across Europe, notably in AI, fintech, healthcare, digital technologies, and related sectors. Typical ticket sizes range from €0.25 million to €5 million, with an average around €1 million, and the firm provides ongoing support and access to a network of angel investors to assist with follow-on financing and growth.

Dubai-based investment management firm established in 2018, headquartered in the Dubai International Financial Centre, Aditum Investment Management offers conventional and Sharia-compliant investment solutions for institutions, wealth managers, family offices, and savings platforms. It emphasizes actively managed strategies, including proprietary funds and third-party portfolios, with in-house and externally managed approaches and global access through hubs such as the DIFC, KAFD in Riyadh, Luxembourg, and the Cayman Islands. The firm focuses on long-term growth, risk management, and regulatory compliance, and operates under the oversight of the Dubai Financial Services Authority with an Islamic Endorsement, underscoring its commitment to Sharia-compliant investing.

FORM Life Ventures is a venture capital firm founded in 2022 and based in Luxembourg. It concentrates its investments in technology and healthcare companies with the aim of shifting from traditional sick care to modern healthcare. The firm supports ventures that seek to extend healthy lifespans and improve overall well-being, focusing on solutions that keep people and their environment healthy.

Satgana is a venture capital firm focused on climate and Earth tech. Headquartered in Luxembourg with an investment scope across Europe and Africa, it backs technology companies in mobility, energy, food and agriculture, industry and buildings, carbon removal, and circular economy. The firm supports portfolio companies with strategic and operational help, including impact management, technology, and recruitment, aiming to accelerate the development of solutions that contribute to a sustainable, fair, and regenerative future.

Cogito Capital Partners is a venture and growth capital firm founded in 2018, headquartered in Warsaw with additional offices in Luxembourg, New York and Berlin. It concentrates on late- and growth-stage B2B technology companies, investing primarily in Series B and C rounds and taking minority stakes. Its sector focus includes enterprise software, fintech and insurtech, as well as medtech diagnostics, telemedicine, IoT, healthtech and mobility. The firm operates across Europe and the United States, seeking opportunities with global expansion potential and leveraging a cross-border network to support portfolio companies.

Kouros Investment is an impact-focused industrial investment firm based in Luxembourg, established in 2016. It concentrates on investing in infrastructure, hydrogen, transport, and energy production sectors to support the energy transition. The firm combines investments in established companies with entrepreneurial ventures and employs a multidisciplinary team with expertise in electricity, natural gas, LNG, and hydrogen to accelerate the shift from fossil fuels to renewables. It provides financial support and strategic guidance across renewable energy production, infrastructure, and related technologies.

EonTech Ventures is a venture capital firm based in Luxembourg that provides startup and expansion capital to companies in software, digital entertainment, and consumer electronics, with activity also reported in Italy.

OTB Ventures is a European venture capital firm founded in 2017 that concentrates on deep-tech startups, including SpaceTech, AI and automation, FinTech and cybersecurity. With offices in Amsterdam and Warsaw, it backs late seed to Series A/B rounds and leverages access to Central and Eastern European deal flow. The firm manages more than $300 million in assets and supports portfolio companies across Europe by providing strategic guidance, network access, and assistance with international expansion to accelerate growth.

NMT Capital is a global private equity firm based in Norwell, Massachusetts, with additional offices in Quincy, San Francisco, London, Munich, Geneva, and Tokyo. Formerly known as Nexus Medical Partners, the firm focuses on investments across North America and Europe in medical technology, medical devices, diagnostics, biotechnology, specialty pharmaceuticals, drug discovery tools, as well as software, information technology, and advanced materials, spanning early to late stages. NMT Capital also provides advisory services to global investment banks, assisting them in sourcing and evaluating private medical companies for acquisition, strategic partnerships, or growth capital. The principals bring extensive investment management and advisory experience, averaging over 20 years, and maintain a network of affiliated professionals to support cross-border transactions.

Greenbridge is a long-term investment firm based in Luxembourg that identifies technology-driven trends and leaders expected to drive the next industrial revolution. It backs generationally disruptive companies and actively supports them through a disciplined investment philosophy, investing across sectors such as logistics, data, energy and advanced manufacturing to foster innovation and efficiency.

Praesidium is an investment firm based in Luxembourg that invests in technology-related companies along the value chain. Established in 2016, the firm pursues a range of opportunities from early-stage ventures to more mature prospects, often leveraging its network to support portfolio companies. Its activity spans venture capital, mid-market opportunities, and sectors such as healthcare and agri-food technology.

Chameleon Invest is a venture capital firm based in Béreldange, Luxembourg, focusing on early-stage and startup investments in technology-driven sectors.

Apollo Health Ventures is a Berlin-based early-stage venture capital firm focused on building and funding life sciences companies across biotechnology, therapeutics, data platforms, and health tech. The firm seeks to address age-related diseases and extend healthy lifespans by partnering with scientists and entrepreneurs to create new ventures and support clinical development. It pursues a dual approach that includes venture building through its Venture Lab, collaborating with scientific experts to spin out companies from breakthrough technologies, as well as direct investment in promising early-stage companies. With transatlantic reach through offices in Berlin, Luxembourg, and Boston, Apollo leverages scientific and operational expertise, capital access, and networks to identify and accelerate ventures focused on healthcare, pharmaceuticals, and biotechnology.

Runa Capital is a global venture capital firm founded in 2010 that backs early-stage software and deep-tech companies. It maintains offices in Luxembourg, Berlin, Palo Alto, and London and invests across North America, Europe, and Asia-Pacific, typically in the Pre-Seed to Series A range and in deals from roughly USD 0.5 million to several million dollars. The firm focuses on deep technology including artificial intelligence and machine learning, open source platforms, enterprise software, cloud infrastructure, fintech infrastructure, and software for regulated industries such as fintech, education technology, and digital health. Its team comprises experienced entrepreneurs with a track record of building and scaling technology businesses, and it supports portfolio companies with global market access and strategic partnerships to help them become international champions. The firm manages over USD 600 million in assets.

Sparkle Ventures is a boutique venture firm focused on connecting capital and technology. It acts as a fund manager and specialized advisor, helping access to opportunities where innovative science develops into infrastructure projects. Founded in 2021 and based in Luxembourg, the firm operates across the United States, the Middle East, and Europe. Its investment focus includes blockchain distributed systems, artificial intelligence and machine learning automation, and virtualization technologies, and it engages in equity investments and token opportunities to support Web 3.0 and metaverse initiatives.

UL Invest is a Luxembourg-based investment company pursuing geographically diversified investments in unlisted assets across real estate, venture capital, private equity, and private debt. The firm emphasizes digital innovation and eco-friendly tourism, offering operational and strategic guidance to portfolio companies to support long-term value creation and positive societal impact. It invests across sectors including innovative production technologies, online brand scaling, fintech, business and consumer products and services, wellness, and technology, and actively engages on boards of portfolio companies while backing emerging businesses with disruptive potential.

DLF Venture is a family-owned investment partner focused on consumer brands in Western Europe. Founded in 2016 and based in Luxembourg with footprints in Brussels and London, it backs founder-led teams from seed to later stages, pursuing a long-term approach that emphasizes brand integrity and consumer trust. It targets four core sectors—food and beverage, health and care, EdTech, and innovative retail and hospitality—with a B2C/DTC orientation and a preference for brands with strong market positioning. The team combines investment acumen with category expertise to help brands scale while maintaining focus, aiming to keep a compact, value-driven portfolio. Leadership includes Managing Partner Pierre-Jean Wallon; Principals François-Xavier de Mevius and Clément Helinckx; Investment Manager Louis Kerschen; Bru as part of the broader team.

Olymp Capital is a Luxembourg-based private equity and venture capital firm specializing in blockchain and cryptocurrency companies. The firm pursues investments across early to growth stages, including seed, Series A and Series B, and evaluates opportunities based on leadership, business model and strategy. It maintains additional offices in Paris, New York and San Francisco to support its global investment activity and to connect investors with blockchain entrepreneurs and projects.

Candy Ventures is a Luxembourg-based venture capital firm that provides multi-stage investment and hands-on support to startups worldwide. It backs ambitious founders across fintech, deep tech, augmented reality, digital media, consumer and sports, biotech, water infrastructure and natural resources, helping them scale internationally through strategic guidance and access to a broad network. Founded in 2014, the firm emphasizes backing ideas with global growth potential and collaborates with founders to accelerate development and market access. The firm’s leadership includes Nick Candy, with Luxembourg-based operations guided by Steven Smith, delivering active investment support to portfolio companies seeking international expansion.

GG 1978 is a venture capital firm established in 2022 and based in Luxembourg. The company primarily focuses on investing in sectors such as pharmaceuticals, biotechnologies, healthcare, information technology, beauty, food technology, health technology, and life sciences. By targeting a diverse range of industries, GG 1978 aims to support innovative startups and contribute to advancements in these fields.