Finindus is a Belgium-based corporate venture capital firm backed by ArcelorMittal and the Flemish Region, linked to the OCAS metals research centre. It provides equity and debt financing to early-stage and growth companies in materials, sustainable manufacturing, and Industry 4.0.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 3 prior). Average disclosed round size is $14.5M (across 5 rounds with reported amounts).
Portfolio
15
Fund Size
—
Top Stage
Series A
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
17 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Immaterial | Series A | — | Oct 2025 |
| TTretau | Series C | — | Sep 2025 |
 HyperHeat | Seed | — | Nov 2024 |
 Fortius Metals, Inc. | Seed | $5M | Oct 2024 |
 Power to Hydrogen | Series A | $18M | Aug 2024 |
| KKRAFTBLOCK GMBH | Series B | — | Aug 2023 |
 Hystar | Series B | $26M | Jan 2023 |
 Viking Analytics | Series A | — | Jan 2023 |
| KKRAFTBLOCK GMBH | Series B | — | Jan 2023 |
 Ionomr Innovations | Series A | $20M | Jan 2022 |
 REIN4CED | Series B | — | Apr 2021 |
| SSentea | Growth | — | Jan 2021 |
| REIN4CED | Series B | — | Jan 2021 |
| EExpanite | Unknown | — | Dec 2016 |
 Borit | Unknown | — | Jan 2014 |
 OTIV | Growth | — | — |
 IMSystems | Series A | $3.5M | — |
Top Co-Investors
PMV4 shared
Shell Ventures3 shared
Asahi Kasei2 shared
Gemma Frisius Fund2 shared
Innovation Global Capital2 shared
Plug and Play Tech Center1 shared
APY Ventures1 shared
AMD Ventures1 shared
Amadeus Capital Partners1 shared
Breakthrough Energy Ventures1 shared
Possible Ventures1 shared
Pallasite Ventures1 shared
SAIC Capital1 shared
Chevron Technology Ventures1 shared
Industrifonden1 shared
TrueSight Ventures1 shared
SHIFT Invest1 shared
imec.istart1 shared
Pitchdrive1 shared
Last updated: 20 October 2026