🦊/Investors

White Fund

Venture capital

Liège · Seed–Series B · 16 people tracked

Also known as White Fund SA

Find your way into White Fund

990 people in our graph share verified history with the White Fund team — schools, employers, funds. One of them is your warm intro.

Sam Blackmanunlockedknows Michel Baijot · together at GlaxoSmithKline Biologicals (overlapped)
×2knows the team · via INSEAD
×3knows the team · via GlaxoSmithKline Biologicals
knows the team · via VIB
×5knows the team · via Vlerick Business School
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Investment thesis

White Fund is a specialist medtech venture capital fund based in Belgium. It focuses entirely on the medical technology and life sciences sector, supporting companies from their pre-market development stages through to the launch of sales, with a target exit horizon of 5 to 8 years. With a EUR 38 million fund it aims to finance roughly 10 projects. The fund leverages an extensive network of professional co-investors, including its own shareholders, and access to medtech experts and key opinion leaders (KOLs) drawn from its life sciences experience.

Source: firm website, verified Aug 7, 2026.

Stage
Seed–Series B
Check
$2.2M – $5.4M
HQ
Liège, BE
Instruments
Equity
Founded
2019
Last 12 months
1 investment
AUM
$41M
Tracked investments
11

Team · 16 people

from the firm's website & curated & public directories
Joanna Tyrekidis

Co-founder of White Fund and a former investment manager at the Noshaq investment fund.

Philippe Felten

A professional from the life sciences and investment sectors who joined White Fund's founding team.

Claude Melen· Observer (Solidaris)in

Board observer representing Solidaris.

Filip Goossens· Director (PMV)in

Board director representing shareholder PMV.

Laurence Carabin· Observer (CHU Liège)in

Board observer representing CHU Liège.

Marc Nolet· Observerin

Serves as an observer on White Fund's board of directors.

Pierre Mercenier· Director (OGEO FUND)in

Board director representing shareholder OGEO Fund.

What they invest in

from 7 of 11 portfolio companies

Digital Health ×6Healthtech ×6Medical Devices ×6AI & Machine Learning ×2Biotech ×1Consumer ×1Deep Tech ×1FemTech ×1

HQs:Belgium×3Germany×1

Investments · 11 tracked

founders shown can be your intro path

By year:2026 · 12023 · 12022 · 13 dated

Axithraaxithra.comin𝕏Sep 2023

Axithra, a spin-off from Ghent University's Photonics Research Group and imec, develops an optics- and photonics-based platform for therapeutic drug monitoring that measures and monitors drug concentrations in blood at the point of care.

Deep TechDigital HealthHealthtechMedical Devices

Co-investorsimec.xpandKurma PartnersQbic FundWallonie Entreprendre

Clouds of Care NVcloudsofcare.comin

Clouds of Care develops EEG and electrophysiology-based digital health technology and software (including FDA-cleared/CE-marked SaMD) to provide meaningful endpoints for clinical development in CNS disorders such as epilepsy and sleep disorders.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Co-investorsNovalis BiotechPMV

Cluehelloclue.com𝕏Apr 2026

Clue is a menstrual and reproductive health app that lets people track their periods, cycle, ovulation, fertility, and related symptoms, and contributes anonymized data to scientific research with institutions such as Johns Hopkins and the Gates Foundation.

ConsumerDigital HealthFemTechWellness & FitnessBerlin, DE

Ida Tin(Co-founder & former CEO)inHans Raffauf(Co-founder)Moritz von Buttlar(Co-founder)Mike LaVigne(Co-founder)Rhiannon White(CEO)inGreg Ryzhov(CTO)

Co-investorsBalderton CapitalFuture Positive CapitalMolten VenturesMosaic VenturesNGP CapitalTeampact.ventures+3 more

Earlytracksearlytracks.comin𝕏
Endotoolsendotools.bein

Endo Tools Therapeutics develops endoscopic devices to enable minimally invasive therapeutic surgical procedures in gastroenterology.

HealthtechMedical DevicesGosselies, BE

Co-investorsCapricorn Venture Partners

Intressa Vascularintressavascular.comin

Intressa Vascular develops the Allay Aortic Stent using proprietary multilayer braiding technology and personalized procedure planning to treat aortic dissections in patients requiring endovascular intervention.

Digital HealthHealthtechMedical Devices

Pierre Douette(Chief Executive Officer)in

Minzeminzehealth.comin𝕏Dec 2022

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-investorsCapricorn Venture PartnersPMV

Neurocluesneuroclues.comin

Neuroclues develops eye-tracking technology to identify neurological disorders including Parkinson's, Alzheimer's, and Multiple Sclerosis before symptoms appear, serving clinicians and healthcare practitioners.

AI & Machine LearningBiotechDigital HealthHardwareHealthtechMedical DevicesLouvain-la-Neuve, BE

Pierre DayeinPierre PougetAntoine Pouppezin

BoardBas Bloem(Founder (Radboudumc Center of Expertise for Parkinson's & Movement Disorders))

Co-investorsGraph VenturesTeampact.ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

BedalBingliMoveup

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has White Fund made?
White Fund has 11 tracked investments, including 1 dated in the last 24 months.
What stage does White Fund invest at?
White Fund invests at the Seed, Series A, Series B stages.
What is White Fund's typical check size?
White Fund typically writes checks of $2.2M – $5.4M.
What sectors does White Fund focus on?
White Fund focuses on Biotech, Healthtech, Medical Devices.
Where is White Fund located?
White Fund is headquartered in Liège, BE.
Who does White Fund co-invest with?
White Fund most often shares deals with Capricorn Venture Partners, PMV, Graph Ventures, among 6 tracked co-investors.

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