Investors / Belgium / White Fund
White Fund
Venture capital · Liège, Belgium · Europe
White Fund is a Belgian venture capital fund dedicated exclusively to the medtech sector. It invests in early-stage medical technology projects entering commercialization, typically in pre-market and early commercialization phases, and supports portfolio companies through key development stages.
Invests inHealthcare & BiotechE-commerce & MarketplacesAI & Machine Learning
In its own wordsmedtechmedical deviceshealthcarediagnosticslife sciences
Your fit with White Fund
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsWhite Fund lists 10 checked portfolio companies on its own site and is named in 6 funding rounds, 2 of them as lead. Its most frequent entry is Series A, 50% of the companies with a known first round. Its largest themes are Healthcare & Biotech (54%), E-commerce & Marketplaces (15%) and AI & Machine Learning (15%). 60% of its companies are based in India. It invests most often alongside Noshaq, imec.istart and PMV.
Counts come from funding rounds that name White Fund, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Entry stage
share of companies by the stage of its first roundShow as a table
| Value | |
|---|---|
| Pre-seed | 17% |
| Seed | 33% |
| Series A | 50% |
| Series B | 0% |
| Growth | 0% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 0 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 0 | 0 |
| '25 | 2 | 0 |
| '26 | 4 | 2 |
Investor profile
percentile among all firmsShow as a table
| Measure | Percentile of all firms | Value |
|---|---|---|
| Portfolio size | 23th | 10 companies |
| Recent activity | 86th | 5 rounds in 12 months |
| Early stage | 73th | 50% of entries at pre-seed or seed |
| Evidence | 52th | 0% of companies confirmed by a round |
| Sector focus | 86th | 54% in its largest sector |
| Reach | 42th | 2 countries |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| Noshaq | 7 |
| imec.istart | 3 |
| PMV | 2 |
| Qbic | 2 |
| Alfvén & Didrikson | 1 |
| Arkam Ventures | 1 |
| Capital 2B | 1 |
| Capricorn Partners | 1 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers10100%
- No longer answers00%
- Points to another company00%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| Healthcare & Biotech | 54% | 15% |
| E-commerce & Marketplaces | 15% | 6% |
| AI & Machine Learning | 15% | 18% |
| Legal & Compliance | 8% | 2% |
| Enterprise Software | 8% | 8% |
Co-investor network
who it backs companies with, and who they back togetherCompare White Fund head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Funds
as stated on its siteRecent portfolio activity
when companies last raised with White Fund| Date | Company | Stage |
|---|---|---|
| 21 Oct 2026 | Pre-Seed Led | |
| 23 Apr 2026 | Seed | |
| 21 Jan 2026 | Series A |
Round details for White Fund
Amounts, full round histories and every co-investor in White Fund's rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
10 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| Axithra develops technology for rapid therapeutic drug monitoring at the point of need | Healthcare & Biotech | Portfolio page | ||
| BINGLI provides AI guided diagnosis, disease management, and care navigation services | Healthcare & Biotech | Portfolio page | ||
| The company accelerates the adoption of objective neurophysiological endpoints, enabled by its multimodal AI-powered biomarker platform, for CNS clinical trials. | Healthcare & Biotech | Portfolio page | ||
| Endo Tools Therapeutics develops innovative devices for therapeutic interventions for gastric conditions, including obesity. | Healthcare & Biotech | Portfolio page | ||
| Intressa Vascular is a medical device company committed to providing innovative solutions to life-threatening cardiovascular conditions such as aortic dissection | Healthcare & Biotech | Portfolio page | ||
| Minze develops digital diagnostics and therapeutics for urology, specifically for lower urinary tract symptoms and related conditions. | Healthcare & Biotech | Portfolio page | ||
| The company provides digital platforms for healthcare delivery and offers patient support and engagement programs. | Healthcare & Biotech | Portfolio page | ||
| The company helps with hotel bookings and automatically refunds price drops after booking | Legal & ComplianceE-commerce & Marketplaces | Oct 2026Pre-Seed | Funding round | |
| Ringg AI provides an AI voice and chat agent platform for businesses to manage customer interactions | AI & Machine LearningEnterprise Software | Jan 2026Series A | Funding round | |
| STCH is an AI-enabled fabric R&D and manufacturing platform that connects demand sensing, fabric development, sustainability innovation, and reliable execution into a single system. | AI & Machine LearningE-commerce & Marketplaces | Apr 2026Seed | Funding round |
About this data
site last read 12 Nov 2026- Site
- whitefund.be
- Last read
- 12 Nov 2026
- Watching since
- 7 Nov 2026
- Rounds since
- 24 Sept 2025
- Companies checked
- 10
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
Get White Fund's profile as data
Pull White Fund's portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.
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- Full listsEvery portfolio row and two-firm overlap
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- AlertsFollow 5 investors for portfolio and fund changes
$ curl -H "X-API-Key: YOUR_KEY" \
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