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    ScaleFund

    Brussels, BelgiumFounded 2017

    ScaleFund is a pan-European venture capital fund based in Brussels, Belgium, investing from seed to Series A in digital, deeptech, and cleantech companies. Founded in 2017 and led by Claire Munck, it provides capital, operational support, and access to a network of investors and C-level executives.

    Deal activity increased 200% year-over-year (3 deals in the last 12 months). Average disclosed round size is $7.9M (across 4 rounds with reported amounts).

    Find people at ScaleFund on Goldilocks AI

    Portfolio

    13

    Fund Size

    —

    Top Stage

    Seed

    Last 12 Mo

    3

    Team

    Claire Munck

    Claire Munck

    Founder & Managing Partner ScaleFund I, II & III

    Leen Segers

    Leen Segers

    Managing Director ForsVC – AI, DeepTech, Web3

    Gauthier van der Elst

    Gauthier van der Elst

    Partner ScaleFund I, II & III

    Paul Risopoulos

    Paul Risopoulos

    Principal ScaleFund III

    Thomas Pav

    Thomas Pav

    Principal ScaleFund III

    François Torche

    François Torche

    Cofounder CluePoints – CPO & CTO

    Nicolas Lair

    Nicolas Lair

    Co-founder & CTO at Wellnest – Serial Entrepreneurship

    Olivier Verdin

    Olivier Verdin

    CEO & Co-founder at AppTweak – SaaS & Mobile

    Frédéric Levy

    Frédéric Levy

    CEO at Look & Fin – FinTech

    Olivier Gillin

    Olivier Gillin

    Chief Product Officer at Haulogy – B2B SaaS & Digital Products

    Thierry Pineau

    Thierry Pineau

    CEO at DFMH – Manufacturing & Supply Chain

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    14 investments
    CompanyRoundAmountDate
    OOptisuiteSeed—Jun 2026
    Wodan AI logoWodan AIPre-Seed—Dec 2025
    XFA logoXFASeed—Dec 2025
    Passbolt logoPassboltSeries A$8MJan 2025
    Ionnyk logoIonnykSeed$1.6MJun 2023
    Purple Style Labs logoPurple Style LabsSeries C$14MApr 2023
    MMoonbirdGrowth—Nov 2021
    WWodanPre-Seed——
    DDitarSeed——
    Feedelity logoFeedelityPre-Seed——
    Duely logoDuelyUnknown——
    XFA logoXFASeed——
    WWegrow-appSeries A$7.8M—
    Ionnyk logoIonnykGrowth——

    Top Co-Investors

    Last updated: 20 October 2026