Antwerp · Seed–Late Stage
Investment thesis
Fortino Capital focuses on B2B SaaS and AI companies, positioning itself as a partner that works alongside founders to build category-leading champions in the age of AI. The firm's stated emphasis is on empowering B2B software businesses to scale.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 9 of 9 portfolio companiesSaaS ×8Enterprise Software ×5AI & Machine Learning ×4Advanced Manufacturing ×2Sales Tech ×2Circular Economy ×1Cleantech ×1Climate Tech ×1
HQs:Belgium×3Germany×2Netherlands×1
Investments · 9 tracked
founders shown can be your intro pathSeenons provides a platform connecting enterprises with waste and recycling partners across multiple countries to optimize waste streams and support circular economy goals.
Circular EconomyEnterprise SoftwareSaaSAmsterdam, NL
Martin Kayser(Founder)
Co-investorsCapitalTShamrock VenturesTablomonto
Bizzy Cold Brew produces premium cold brew coffee made from organic arabica beans using a slow 18-hour brewing process, packaged in recycled bottles.
ConsumerFoodTech
Andrew Healy(Founder)inAlexAndrew
Co-investorsConnetic VenturesSpiral Sun Ventures
Cenosco develops IMS RCM, a cloud-based Reliability-Centered Maintenance software that helps industrial operators prevent unplanned equipment failure and optimize preventive maintenance tasks.
Advanced ManufacturingEnergyEnterprise SoftwareSaaS
Marcel Sminia(Founder)in
Co-investorsSummit Partners
Donna is a proactive AI assistant for field sales teams that automates meeting preparation, note-taking, CRM updates, and follow-up drafting.
AI & Machine LearningEnterprise SoftwareSaaSSales TechGhent, BE
Nicolas Christiaen(CEO)Jonas Deprez(COO)Xander Berkein(Chief Technology Officer)
Co-investorsEverywhere VenturesFrontline VenturesSyndicate One
Oqton develops software for additive manufacturing, including tools for design, build preparation, simulation, monitoring, and production control (3DXpert, Manufacturing OS, AMVero, and a digital warehouse for certified spare parts).
Advanced ManufacturingAI & Machine LearningSaaS
Co-investorsPMV
Revel8 provides a security awareness platform that runs automated multi-channel social engineering simulations, including phishing, vishing, and deepfake-based attacks, using OSINT context to reflect current attack techniques.
AI & Machine LearningCybersecuritySaaSMunich, DE
Julius M(Founder)Julius Muth(CEO)
Co-investorsPeakMerantix Capital
Spott builds an ATS and CRM platform for recruitment agencies that integrates AI directly into its core infrastructure.
AI & Machine LearningEnterprise SoftwareHR TechSaaSLeuven, BE
Manu Vanderveeren(Founder)inLander Degreve(Founder)inSamuel Smeys(Founder)in
Co-investorsY CombinatorBase10 PartnersTrue Equity
Tanso provides software for calculating Product Carbon Footprints (PCF) using automated processes, a TÜV-certified methodology and ISO 14067 compliance.
CleantechClimate TechSaaS
Co-investorshenQ vcCapnamicUVC Partners
Teamleader develops business management software for SMEs, the self-employed and agencies, covering leads, contacts, projects, invoicing, expenses and reporting from a single platform.
Enterprise SoftwareFintechSaaSSales TechGhent, BE
Jeroen De Wit(Founder)in
Co-investorsKeen Venture PartnersPMV
Portfolio news
latest coverage across their companies
Donna · floridapolitics.com · Jul 14, 2026
Spott · ycombinator.com · Apr 8, 2026
revel8 · startuprise.co.uk · Sep 26, 2025
Tanso · sustainabletechpartner.com · Aug 15, 2025
Bizzy · thesaasnews.com · Jun 23, 2025
Cenosco · finance.yahoo.com · Mar 18, 2025
Frequently asked questions
- What stage does Fortino Capital invest at?
- Fortino Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What is Fortino Capital's typical check size?
- Fortino Capital typically writes checks of $540K – $32.4M.
- What sectors does Fortino Capital focus on?
- Fortino Capital focuses on AI & Machine Learning, Enterprise Software, SaaS.
- Where is Fortino Capital located?
- Fortino Capital is headquartered in Antwerp, BE.
Media · Podcasts & interviews
featuring the teamDuco Sickinghe (Fortino Capital): ‘Wij sluiten ons aan bij de passie van een ondernemer’
7DTV · Duco Sickinghe
Images
Co-investors · 9
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
Unknown Ventures is a venture studio based in Austin that provides funding and operational support to early-stage startups at the pre-seed to Series A stage. The firm backs founders seeking to create innovative solutions that improve human experience.
Atlas Venture is a life sciences venture capital firm with three decades of experience investing in and building biotech and medical innovation companies, including startups launched from its own incubator.
Dawn Capital is a European venture capital firm backing companies with global ambitions.
20VC (The Twenty Minute VC) is a media and venture platform positioned at the intersection of venture capital and media, publishing podcast content across brands including 20VC, 20Growth, 20Sales, 20Product and The Memo.
XAnge is a European early-stage venture capital firm that has backed over 200 startups over more than 20 years, supporting founders from seed stage to global scale.
Pitchdrive is a Belgian venture capital firm that invests in early-stage startups across Europe. The firm is led by entrepreneurs and provides active support to portfolio companies.
42CAP is a European seed-stage venture capital firm founded by entrepreneurs who previously built two of Europe's largest software companies. It invests in tech- and data-driven B2B software startups with global ambitions.
Entourage is an early-stage venture capital firm and venture studio that backs founders from inception onward, and also builds, funds, and launches its own companies.
Firms observed investing alongside Fortino Capital, from public investor directories. Shared companies are the overlap with Fortino Capital's recorded portfolio.
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