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.

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.

Finindus

Venture capital

Zwijnaarde · Seed–Growth · 7 people tracked

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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.

Invests inAdvanced Manufacturing Cleantech Climate Tech Deep Tech Energy Hardware IoT New Materials SaaS Belgium Europe Global Sweden

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Growth

Check

$540K – $5.4M

Zwijnaarde, BE

Instruments

Equity

Founded

2006

Last 12 months

1 investment

AUM

$108M

Tracked investments

Team · 7 people

from the firm's website & public directories

Dirk De Boever· Managing Partner· Ghent, Flemish Region, Belgiumin

Dirk De Boever joined Finindus in 2006 and has led the firm's investment activities since 2013, focusing on early-stage and growth companies with an industrial background. He began his career in 1994 in the commercial organisation of Sidmar (now part of ArcelorMittal's flat carbon steel division), working on market intelligence, business planning, investment studies and M&A, and in 2002 became managing partner of a marketing and business intelligence firm serving telecom, energy and industry clients. He studied Applied Economics at KU Leuven, International & Industrial Marketing at UHasselt, and completed an EMBA at Vlerick.

d•••@finindus.bereveal

Hans Maenhout· Partner· Ghent Metropolitan Areain

Hans Maenhout sources investment opportunities within Finindus' focus areas and takes on active board roles at portfolio companies after investment. He previously served as CEO of a green-field start-up, and earlier held roles in financial services (KBC Group) and the oil and gas industry (Texaco/Chevron). He holds a Master in Chemical Engineering from UGent, along with further education in international management, corporate finance, M&A, coaching, corporate law and energy risk management.

h•••@finindus.bereveal

Nils Nijs· Senior Investment Manager· Belgiumin

n•••@finindus.bereveal

Roel Callebaut· Senior Investment Manager· Ghent, Flemish Region, Belgiumin

Roel Callebaut is a Senior Investment Manager at Finindus focusing on technology companies in new materials, material processing, and digital technologies. Before Finindus, he held roles at aerospace company Sonaca, an SME working on composite materials, and at Besix, where he worked on construction projects in the Middle East. He holds a Master of Science in Civil Engineering (VUB), a Master of Science in Composite Engineering (PFH), and an EMBA (Vlerick).

r•••@finindus.bereveal

Filip Van den Abeele· Technologist· Ghent Metropolitan Areain

Filip Van den Abeele is a technologist at Finindus with over 20 years of experience in R&D and innovation management. He holds a Master's degree in Mechanical Engineering, a PhD in Engineering Sciences, and an M.Sc. in Ocean and Offshore Technology, with a background in technology scouting, technical due diligence, and R&D program development. His investment focus includes materials, sustainability, and Industry 4.0 applications.

f•••@finindus.bereveal

Marijke Dhondt· Executive Support· Ghent Metropolitan Areain

m•••@finindus.bereveal

Ruben Decoster· Investment Associate· Ghent Metropolitan Areain

Ruben Decoster is an Investment Associate at Finindus, where he sources and analyses investment opportunities and supports portfolio companies during their growth. He began his career as an automation research engineer at the KU Leuven Technology Campus in Ghent and previously held operational, project management, and innovation roles at Barco. His background is in engineering, manufacturing automation, and operational excellence, with degrees in electromechanical and industrial engineering from KU Leuven and the University of Ghent.

r•••@finindus.bereveal

What they invest in

from 5 of 6 portfolio companies

AI & Machine Learning ×3Advanced Manufacturing ×2Cleantech ×2Climate Tech ×2Enterprise Software ×2Deep Tech ×1Energy ×1IoT ×1

HQs:Sweden×1United States×1

Investments · 6 tracked

founders shown can be your intro path

By year:2025 · 1 2024 · 12 dated

Immaterialimmaterial.com in 𝕏Oct 2025✓ verified

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 Ventures Energy Revolution Ventures JERA

Kraftblockkraftblock.com✓ verified

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)Christian Gebhardt(COO)Florent Baudu(CCO)Wim Janssen(SVP Energy Services)Karsten Dieckhoff(VP Engineering)

Co-investorsFreigeist Capital TechEnergy Ventures Future Industry Ventures Shell Ventures Berliner Volksbank Ventures Redstone +2 more

Fortius Metalsfortiusmetals.comOct 2024 · $2M

Next-generation wire alloys for large format metal 3D printing and robotic welding

Lafayette, US

Jeffrey Lints(Executive Officer, Director, Promoter)Jacob Nuechterlein(Director)Jeremy Iten(Director)

BoardEvan Segal(Director)Johann Oberhofer(Director)

Co-investorsAM Ventures Asimov Ventures 412 Venture Fund

OTIVotiv.ai in

OTIV develops assisted, remote, and autonomous driving technology for rail vehicles, offering camera and perception systems for shunting, obstacle detection, fleet management, and full autonomy.

AI & Machine LearningDeep TechMobility & Transportation

Co-investorsSHIFT Invest Pitchdrive

Robovisionrobovision.ai in

Robovision provides industrial vision intelligence infrastructure that monitors, controls, and standardizes computer vision systems across their lifecycle.

Advanced ManufacturingAI & Machine LearningEnterprise Software

Jonathan Berte(Founder)in

Co-investorsAstanor Ventures Red River West Target Global

Viking Analyticsvikinganalytics.se in

Viking Analytics builds MultiViz, an AI-powered vibration analysis platform that uses unsupervised machine learning to detect early machine faults and prioritize maintenance alerts for reliability and maintenance teams.

Advanced ManufacturingAI & Machine LearningIoTGöteborg, SE

Rajet Krishnan(Founder)

Co-investorsFairpoint Capital Industrifonden ABB Technology Ventures

Portfolio news

latest coverage across their companies

Immaterial: £13.5 Million Series A2 Funding Raised For Scaling Industrial Decarbonization Technology

Immaterial · pulse2.com · Oct 25, 2025

Frequently asked questions

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, Cleantech, Climate Tech, Deep Tech, Energy, Hardware, IoT, New Materials, 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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