Syndicate One closes €22M second fund to back Belgian tech founders
**Belgian Tech Ecosystem Gains Momentum with €22 Million Syndicate One Fund** Syndicate One, an investment firm focused on Belgian startups, has successfully closed its second fund at €22 million, significantly oversubscribed within eight weeks. This substantial capital infusion underscores the growing investor confidence in Belgium's burgeoning tech sector. The new fund, managed by Laurens De Poorter, Arnaud Bakker, and Robin Wauters, aims to further bolster early-stage ventures within the region, building upon the firm's previous €6.5 million fund. The €22 million capital will be strategically deployed through Syndicate One's extensive network of founders, investors, and operators, leveraging their collective expertise. Since its inception in early 2022, Syndicate One has supported a diverse portfolio of Belgian startups, including Aikido Security and Techwolf, with two portfolio companies, Fundamental and Aikido Security, already achieving unicorn status. This demonstrates a strong track record of identifying and nurturing high-potential businesses. The fund's success is further amplified by a robust investor base, including a significant commitment from four governmental funds: PMV, SFPIM, Finance&Invest Brussels, and Wallonie Entreprendre, alongside anchor investor Sofina and new institutional backers. Notably, over 120 entrepreneurs and entrepreneurial families have invested, showcasing a strong community-driven approach where successful founders reinvest in the next generation of innovators, fostering a virtuous cycle of growth and support.
Curated and translated by Europe Digital for our multilingual European audience.
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