Fundraising Fox
Finindus
Venture capitalZwijnaarde · Seed–Growth · 7 people tracked
Find your way into Finindus
560 people in our graph share verified history with the Finindus team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Finindus invests in outstanding entrepreneurial teams pursuing unique, relevant and sustainable competitive advantages that generate positive impact in sizable industrial markets. Drawing on its roots in the Flemish steel industry, the firm focuses on three areas: advanced materials, particularly steel and metal-related technologies offering high performance and low environmental impact; sustainable manufacturing that reduces the environmental footprint of products, processes and supply chains; and Industry 4.0, applying digitalization and advanced hardware and software to improve industrial processes in safety, quality, efficiency, reliability and durability. It welcomes investment opportunities across the industrial value chain.
Source: firm website, verified Sep 27, 2026.
Team · 7 people
from the firm's website & public directories
What they invest in
from 23 of 27 portfolio companiesCleantech ×11Deep Tech ×10Energy ×10Hardware ×10Advanced Manufacturing ×7IoT ×6New Materials ×6AI & Machine Learning ×5
HQs:Belgium×4United States×4Canada×1Germany×1Netherlands×1Norway×1
Investments · 27 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 22023 · 32022 · 12021 · 12018 · 19 dated
Immaterial develops monolithic metal-organic frameworks (m-MOFs), a nanoporous material platform, and scales them from lab to industrial production for gas separation applications such as carbon capture.
CleantechClimate TechNew Materials
David Fairen-Jimenez(Co-founder)in
Co-investorsAP VenturesEnergy Revolution VenturesJERATRIREC
IMSystems develops the Archimedes Drive, a traction-based precision speed reducer that transmits torque through hollow steel rollers to achieve zero backlash and low lost motion for robotics applications.
Deep TechHardwareRobotics
Co-investorsABB Technology Ventures
Kraftblock develops thermal energy storage systems based on a nanoparticle composite storage material, offering stationary and mobile solutions for decarbonizing industrial heat and cogeneration.
CleantechClimate TechEnergyEnterprise Software
Martin Schichtel(CEO & Co-founder)Susanne König(CEA & Co-founder)inChristian Gebhardt(COO)inFlorent Baudu(CCO)inWim Janssen(SVP Energy Services)Karsten Dieckhoff(VP Engineering)in
Co-investorsFreigeist CapitalTechEnergy VenturesFuture Industry VenturesShell VenturesBerliner Volksbank VenturesRedstone+2 more
Borit manufactures metal bipolar plates for fuel cells and electrolyzers, serving the hydrogen energy and clean energy sectors with specialized metal sheet forming, laser cutting, welding, and gasketing capabilities.
Advanced ManufacturingCleantechEnergyNot specified, BE
Co-investorsPMV
Calyos designs and produces passive two-phase cooling systems—including micro/pulsating heat pipes, oscillating heat pipes, traditional heat pipes, and loop heat pipes—for high-performance thermal management of electronics, batteries, and power components.
Deep TechEnergyHardware
Co-investorsSambrinvest
CorrosionRADAR provides data-driven monitoring solutions for detecting corrosion under insulation on critical industrial assets.
Advanced ManufacturingEnergyEnterprise SoftwareHardwareIoTNew Materials
Co-investorsAramco Ventures
Expanite provides gas-based surface hardening and heat treatment processes that improve wear, galling, and corrosion resistance in stainless steel, nickel-based alloys, and titanium parts, including additively and subtractively manufactured components.
Advanced ManufacturingDeep TechNew Materials
Fortius Metals develops advanced materials for welding and manufacturing applications.
Advanced ManufacturingDeep TechNew MaterialsLafayette, US
Jeffrey Lints(Executive Officer, Director, Promoter)Jacob Nuechterlein(Director)Jeremy Iten(Director)
BoardEvan Segal(Director)inJohann Oberhofer(Director)
Co-investors412 Venture FundAM VenturesAsimov Ventures
HyperHeat is a company presenting its team culture and collaborative approach to building solutions, though the page provides limited detail on its specific product or industry.
CleantechClimate TechEnergySector Agnostic
Co-investorsAmadeus Capital PartnersAPEX VenturesE44 VenturesGF BRYCK VenturesPossible Ventures
Hystar develops PEM electrolysers for hydrogen production, using a patented design that combines fuel cell industry technology with electrolyser technology for higher efficiency and safety.
CleantechEnergyHardware
Co-investorsAP VenturesFirdaHillhouse InvestmentTrustbridge Partners
Hystar is a Norwegian cleantech company that develops and manufactures high-efficiency PEM (Proton Exchange Membrane) electrolysers, which use renewable electricity and water to produce green hydrogen.
CleantechEnergyHardwareHøvik, NO
Co-investorsFirdaMOL SwitchAP VenturesHillhouse InvestmentNysnø Climate InvestmentsORLEN VC+1 more
Ionomr develops ion-exchange membrane and polymer materials for clean energy applications including fuel cells, hydrogen production, and energy storage.
CleantechDeep TechEnergyNew MaterialsVancouver, CA
Benjamin Britton, PhD.Bill Haberlin(CEO)in
Co-investorsAsahi Kasei Corporate Venture CapitalNGIF CapitalPallasite VenturesAmazon Alexa FundChevron Technology VenturesSamsung Ventures+1 more
JUUNOO designs and sells modular interior systems—including soundproof pods, partition walls, and glass systems—for commercial real estate developers, with a circular business model enabling reuse and reducing construction waste.
Circular EconomyConstruction TechFuture of WorkPropTechNew York, US
Chris Van de Voorde(Founder & CEO)in
Co-investorsPMV
MagREEsource is a scale-up that recovers and recycles rare earths and critical metals, using a closed-loop process to turn magnet waste into new magnets for wind power, e-mobility, and defence.
Circular EconomyCleantechNew Materials
OTIV develops assisted, remote-control, and autonomous technology for rail freight operations to improve safety and efficiency while reducing carbon emissions and congestion.
AI & Machine LearningCleantechClimate TechDeep TechHardwareIoTLogistics & Supply ChainMobility & TransportationRobotics
Co-investorsimec.istartPitchdriveSHIFT Invest
Power to Hydrogen develops Anion Exchange Membrane (AEM) electrolyzer systems that convert water and AC power into high-pressure hydrogen for storage and hydrogen carriers like methanol and ammonia.
CleantechDeep TechEnergyHardwareColumbus, US
Paul Matter(Chief Executive Officer)Christopher Holt(Director)
BoardConstantine Karantaris(Director)Ryan Helon(Director)
Co-investorsAir Liquide Venture Capital (ALIAD)Asahi Kasei Corporate Venture CapitalE8 AngelsJERAMOL SwitchVentioneers Capital
Robovision develops Industrial Vision Intelligence Infrastructure, providing AI-based computer vision technology aimed at manufacturers to keep production reliable and compliant across global sites.
Advanced ManufacturingAgTechAI & Machine LearningDeep TechEnterprise SoftwareRobotics
Jonathan Berte(Founder & Chairman of the Board)inTim Waegeman(CTO)inThomas Van den Driessche(Former CEO)inLeon van de Pas(CEO)in
Co-investorsAstanor VenturesRed River WestTarget Global
Tau Motors develops a software-defined power conversion platform spanning motors, inverters and controls for electrified systems.
EnergyHardwareMobility & TransportationSan Francisco, US
Jonathan Ellman(Director)Walter Wesley Pennington III(Executive Officer, Director)
Co-investorsDns CapitalYes VC
Ventory is an inventory management platform for field and consigned stock, covering assets and SKUs that move outside the warehouse such as field vans, customer consignment shelves, engineer depots, and hospital supply rooms.
Enterprise SoftwareLogistics & Supply ChainSaaS
Co-investorsMatterwave Ventures
Viking Analytics develops MultiViz, an AI-based platform for vibration and condition monitoring that learns each machine's normal behavior to detect anomalies and issue early warnings.
Advanced ManufacturingAI & Machine LearningIoTGöteborg, SE
Rajet Krishnan(Founder)in
Co-investorsFairpoint CapitalIndustrifondenABB Technology Ventures
Wizata provides AI solutions for lime manufacturing that optimize calcination processes, improve product quality, and reduce energy consumption.
Advanced ManufacturingAI & Machine LearningCleantechFoodTechIoT
Co-investorsVolta VenturesExpon CapitalKBC Focus 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)
Co-investorsCapricorn Venture Partners
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
GuaranteedKeystone Tower SystemsPowerCellReinForced
Portfolio news
latest coverage across their companiesImmaterial · immaterial.com · Oct 22, 2025
Hystar · hystar.com · May 13, 2025
Frequently asked questions
- How many investments has Finindus made?
- Finindus has 27 tracked investments, including 2 dated in the last 24 months.
- What stage does Finindus invest at?
- Finindus invests at the Seed, Series A, Series B, Growth stages.
- What is Finindus's typical check size?
- Finindus typically writes checks of $540K – $5.4M.
- What sectors does Finindus focus on?
- Finindus focuses on Advanced Manufacturing, AI & Machine Learning, Cleantech, Climate Tech, Deep Tech, Energy, Hardware, IoT, New Materials, Robotics, SaaS.
- Where is Finindus located?
- Finindus is headquartered in Zwijnaarde, BE.
- Who does Finindus co-invest with?
- Finindus most often shares deals with Astanor Ventures, Fairpoint Capital, Industrifonden, among 6 tracked co-investors.
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