Capricorn Venture Partners
Venture capitalLeuven · Seed–Late Stage · 30 people tracked
Investment thesis
Capricorn Partners seeks both financial return and strategic value by investing in innovative companies that positively impact people and the planet. It combines technology and investment expertise, offering venture and growth capital focused on three core areas: digital technologies, health, and clean technologies. The firm monitors emerging trends to shape future investment themes while maintaining an ESG commitment. Its Quest for Growth vehicle invests in both quoted and unquoted growth companies, primarily European, building unquoted exposure through direct investments or via venture/growth capital funds, concentrating on industries and themes expected to deliver higher than average growth.
Source: firm website, verified Aug 7, 2026.
Team · 30 people
from the firm's website & public directories
What they invest in
from 24 of 70 portfolio companiesAI & Machine Learning ×10Advanced Manufacturing ×5New Materials ×5Biotech ×4Cleantech ×4Deep Tech ×4Digital Health ×4Healthtech ×4
HQs:Belgium×4Germany×2Netherlands×2United States×2Norway×1
Investments · 70 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12 dated
DMC Biotechnologies is a U.S.-based biomanufacturer that uses precision fermentation and its Dynamic Metabolic Control platform to produce bio-based specialty chemicals and ingredients, such as L-alanine and fermented inositols.
BiotechClimate TechNew MaterialsBoulder, US
Josh Yelen(Executive Officer)Josko Bobanovic(Director)Rob van der Meij(Director)K'Lynne Johnson(Director)Alastair Cooper(Director)Jim Flatt(Executive Officer, Director)
Board seatRob van der Meij· per SEC Form D · $2.5M raise · filed Dec 2025
Co-investorsBreakthrough Energy VenturesSofinnova PartnersBoulder Ventures
Trillium Renewable Chemicals develops technology to produce green, drop-in chemicals such as acrylonitrile and acetonitrile from biorenewable feedstocks instead of oil- and gas-derived propylene.
CleantechClimate TechNew MaterialsKnoxville, US
Corinne Augelli-Szafran(Director)Ian MacDougall(Director)Corey Tyree(Executive Officer, Director, Promoter)Erik Scher(Director)Young Joon Lee(Director)Wouter Van de Putte(Director)
Board seatWouter Van de PutteRob van der Meij· per SEC Form D
Aspect Analytics develops Weave, software that aligns and analyzes spatial and molecular data (spatial transcriptomics, proteomics, metabolomics, mass spectrometry imaging, and histology) at single-cell precision to study cellular neighborhoods and tissue architecture.
AI & Machine LearningBiotechSaaS
Co-investorsHeran PartnersPMV
Avantium develops innovative plant-based materials designed to replace fossil fuel-derived chemicals and advance the transition to a circular economy.
Circular EconomyCleantechNew MaterialsNetherlands, NL
Co-investorsAster CapitalNV NOMPMVSignet Healthcare PartnersSofinnova Partners
Azumuta offers a cloud-based Manufacturing Execution System (MES) that manages shop floor operations including digital work instructions, quality checks, production orders, traceability, and machine and ERP integrations.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareFuture of WorkIoTSaaSGhent, BE
Batist Leman(CEO)
Co-investorsKeen Venture PartnersAngelwisePMV
c-lecta introduces its management team and staff of over 130 employees.
Advanced ManufacturingBiotechFoodTechLeipzig, DE
Co-investorsFund+PMVQuest for GrowthV-Bio VenturesBioGeneration Ventures
Hologic Diagenode provides epigenomics profiling services and sample preparation products for next-generation sequencing, proteomics, and epigenetics research.
BiotechDeep TechHealthtech
EclecticIQ builds a threat intelligence platform powered by AI to help organizations address cybersecurity challenges.
AI & Machine LearningCybersecurityEnterprise SoftwareAmsterdam, NL
Cody Barrow(Chief Executive Officer)
Co-investorsCuriosity VCKeen Venture PartnersKPN VenturesTIIN CapitalInkef
Endo Tools Therapeutics develops endoscopic medical devices for incisionless treatment of gastric conditions, including obesity, allowing gastroenterologists to perform endoscopic suturing through a natural orifice.
HealthtechMedical Devices
Co-investorsWhite Fund
Equasens is a group serving healthcare professionals, with offerings that include EREVO, an educational/training platform that has launched a podcast ("Salle d'attente") featuring health professionals.
Digital HealthEdTechHealthtech
fruitcore robotics develops industrial robots (the HORST series) and modular robotic cells with accompanying software for manufacturing automation tasks such as machine tending, pick & place, laser marking, quality testing, and gluing.
Advanced ManufacturingAI & Machine LearningRobotics
Co-investorsBLN CapitalKOMPAS VCMatterwave VenturesUVC Partners
Gradyent offers a real-time digital twin platform for operators of heating, cooling, steam, and CO₂ grids to optimize operations from production through the network to end users and run simulations of future scenarios.
AI & Machine LearningClimate TechEnergy
Hervé Huisman(Founder)
icometrix develops FDA-cleared, CE-marked AI software (icobrain) that quantifies and compares brain MRI scans over time to support radiologists and neurologists in diagnosing and monitoring neurological conditions such as multiple sclerosis and Alzheimer's disease.
AI & Machine LearningDigital HealthMedical DevicesLeuven, BE
Co-investorsForestay CapitalHeran PartnersOptum Ventures
Co-investorsPMV
Minze Health develops solutions for diagnosing and managing lower urinary tract symptoms (LUTS), such as those caused by benign prostatic hyperplasia (BPH) or overactive bladder (OAB).
Digital HealthHealthtechMedical Devices
Co-investorsPMVWhite Fund
NGDATA provides an AI-powered customer data platform for financial institutions that unifies and activates existing customer data to drive deposit growth and customer lifetime value without replacing core banking systems.
AI & Machine LearningData & InfrastructureFintech
Co-investorsHPE GrowthPamica NVSmartFin
NORBIT is a technology company with business units in oceans, connectivity, and product innovation, developing sonar/underwater sensing systems and electronic tolling and connectivity technologies.
Deep TechHardwareIoT
Per Jørgen Weisethaunet(CEO)Per Kristian Reppe(CFO)Julie Dahl Benum(Chief Strategy Officer and Acting Chief Commercial Officer PIR)Astrid Stevik(Chief Operating Officer)Peter K. Eriksen(Business Unit Director Oceans)Lino Morgione(Chief Commercial Officer Connectivity)
Co-investorsVesalius Biocapital Partners
Wide Open Agriculture (Prolupin) is an ASX-listed ingredient company that develops lupin-based ingredients — including plant-based protein isolate, fibres, oils, and bioactive compounds — from lupin beans.
AgTechFoodTechNew Materials
Co-investorsMunich Venture Partners
Punch Powertrain designs and supplies transmission and propulsion systems—including conventional, hybrid, and electric powertrains—for automotive OEMs and mobility providers.
Advanced ManufacturingCleantechMobility & Transportation
Spectricity develops chip-size multispectral image sensors for smartphones and consumer electronics, aimed at improving color accuracy and enabling applications such as automatic white balancing, skin analysis, and wound monitoring.
Deep TechHardwareSemiconductors
Co-investorsimec.xpand
StoryChief is a content operations platform that connects strategy, AI-assisted creation, collaboration, and multi-channel distribution in one system, using a company's own data, brand voice, and SEO/AEO inputs.
AI & Machine LearningMarketing TechSaaS
Co-investorsPeak
Develops innovative antiviral technologies to fight viral diseases in livestock.
Co-investorsAgri Investment FundPMVVIVES Partners
Ultra-low power, ultra-low latency 3D perception sensors for extended reality.
Co-investorsQbic Fund
XenomatiX provides 6D road scanning using lidar to inspect pavement condition, generating 3D surface geometry, crack and pothole detection, and road quality indices (IRI, PCI, rutting) that integrate into GIS systems.
AI & Machine LearningDeep TechHardwareIoTMobility & TransportationLeuven, BE
Filip(CEO)Alain(CFO)Kris(VP Sales & BD)Liesbet(Engineering Director)
Zeopore develops modified zeolite catalysts using its mesoporization technology to improve the activity, selectivity, and lifetime of catalysts for oil refining and petrochemical processes.
Circular EconomyCleantechNew Materials
Zozio offers ROBIN, a real-time predictive scheduling platform for factories with complex production flows and MRO environments, using a decision engine to anticipate disruptions and automatically reschedule production.
Advanced ManufacturingIoTSaaS
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Portfolio news
latest coverage across their companiesNorbit · investing.com · Aug 13, 2026
fruitcore robotics · trysignalbase.com · Mar 24, 2026
Azumuta · azumuta.com · Nov 13, 2025
Aspect Analytics · genomeweb.com · Sep 9, 2025
Zeopore Technologies · zeopore.com · Aug 27, 2025
Frequently asked questions
- How many investments has Capricorn Venture Partners made?
- Capricorn Venture Partners has 69 tracked investments, including 1 dated in the last 24 months.
- What stage does Capricorn Venture Partners invest at?
- Capricorn Venture Partners invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is Capricorn Venture Partners's typical check size?
- Capricorn Venture Partners typically writes checks of $270K – $10.8M.
- What sectors does Capricorn Venture Partners focus on?
- Capricorn Venture Partners focuses on AI & Machine Learning, Biotech, Circular Economy, Cleantech, Climate Tech, Cloud Computing, Data & Infrastructure, Deep Tech, Digital Health, Healthtech, Medical Devices, Robotics.
- Where is Capricorn Venture Partners located?
- Capricorn Venture Partners is headquartered in Leuven, BE.
- Does Capricorn Venture Partners lead rounds?
- Yes, Capricorn Venture Partners leads investment rounds.
- Who does Capricorn Venture Partners co-invest with?
- Capricorn Venture Partners most often shares deals with PMV, Heran Partners, Keen Venture Partners, among 30 tracked co-investors.
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