Brussels-based Syndicate One, a global network-driven funding agency, has closed its oversubscribed debut fund at €6.5 million.
The funding spherical, which builds on a €4.5 million first shut in 2023, will allow the increasing investor community to determine, finance and assist extra Belgian stand-out founders.
The spherical was backed by greater than 100 founders, operators, and entrepreneurial households, alongside assist from governmental funds at a federal stage and throughout Belgium’s three areas.
Laurens De Poorter, founding father of Syndicate One, stated: “Our journey at Syndicate One displays the unbelievable potential of Belgium’s tech ecosystem. By uniting traders, operators, and founders, we’ve created a platform that not solely funds bold startups but additionally supplies the steerage and community they should thrive. This €6.5 million shut is greater than only a milestone, it’s a testomony to our collective perception in the way forward for Belgian innovation. Collectively, we’re empowering the following era of world tech leaders.”
Based in 2022, Syndicate One has rapidly turn into a catalyst for the Belgian tech ecosystem, figuring out and supporting high-potential startups. With investments in firms corresponding to Techwolf, Aikido Safety, Cosmic Aerospace, and Donna, the agency’s community extends to notable Belgian founders and operators, together with people behind scale-ups like Collibra, Deliverect, and Showpad.
A key ingredient of Syndicate One’s method is its unifying technique. By pooling experience and capital from a wide selection of contributors, it has created a strong platform to again Belgium’s standout founders and their ambitions.
Greater than half of the founders in Syndicate One’s present portfolio participated as traders within the fund, illustrating its increasing community impact and group ties.
In response to Syndicate One, they’re the primary Belgian funding agency to draw capital from 4 regional governmental funds—PMV (Flanders), SFPIM (federal), Finance&make investments.brussels, and Wallonie Entreprendre.
Roeland Delrue, co-founder and CRO/COO of Aikido Safety, commented: “Syndicate One has been instrumental in Aikido’s speedy development, offering not simply capital however invaluable experience and connections. Their assist has helped scaling our enterprise rapidly and successfully. Investing within the fund myself was a no brainer, it’s a technique to contribute to the ecosystem driving our success.”
Syndicate One, alongside anchor investor Sofina and Bain & Co., additionally lately launched the inaugural State of Belgian Tech Report, detailing the rising maturity of Belgium’s tech ecosystem. Milestones like Odoo’s €5 billion valuation in a €500 million secondary sale and Lighthouse’s €351 million Sequence C funding spherical replicate this progress.
Matthias Geeroms, Co-founder and CFO of Lighthouse, stated: “Reaching unicorn standing with Lighthouse is a testomony to the power of the ecosystem round us. Belgium’s vibrant tech group and the collaborative networks inside it have been instrumental in our journey. On this area, no firm succeeds in isolation—it’s the assist from others, from traders to fellow founders, that drives actual development. As an early supporter and investor in Syndicate One, I’ve seen how their efforts are constructing a thriving ecosystem that permits startups to dream large, scale quick, and compete on the worldwide stage.”