Syndicate One is a Belgium-first, network-driven venture capital firm that pools capital and expertise from 120+ founders, operators, and investors to back early-stage Belgian-founded tech startups. Its Fund II, closed at €22 million (approx. $23.8M), provides pre-seed and seed tickets typically ranging from €200K to €400K alongside operational support.
Deal activity decreased year-over-year (4 deals in the last 12 months vs 6 prior). Their most common stage is seed (48% of deals). Average disclosed round size is $6.1M (across 7 rounds with reported amounts).
Portfolio
21
Fund Size
$23.8M
Top Stage
Seed
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
23 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Polysense | Seed | — | Jul 2026 |
| HHolmes | Pre-Seed | — | May 2026 |
 PleaseFix | Pre-Seed | $2.1M | Feb 2026 |
 Donna | Seed | $4.8M | Dec 2025 |
 Belfort | Seed | — | Sep 2025 |
 Eagl | Unknown | — | Sep 2025 |
| DDalton | Pre-Seed | — | Sep 2025 |
 Model Health | Pre-Seed | — | Sep 2025 |
 Warren | Pre-Seed | — | Mar 2025 |
| Polysense | Seed | $10.7M | Jan 2025 |
 Powernaut | Pre-Seed | — | Dec 2024 |
 Sirona Technologies | Seed | $6.5M | Jun 2024 |
 Cosmic Aerospace | Seed | $4.5M | Feb 2024 |
 Kennek Solutions Ltd | Seed | — | Oct 2023 |
 Aikido | Pre-Seed | — | Jan 2023 |
| Warren | Seed | $1.4M | Nov 2020 |
 Webclew | Pre-Seed | — | — |
 Ringtime | Seed | — | — |
 Mindoo | Seed | — | — |
 Holmes | Pre-Seed | — | — |
 Jurimesh | Pre-Seed | — | — |
 Kennek | Seed | $12.5M | — |
 VendorVue | Unknown | — | — |
Top Co-Investors
Pitchdrive5 shared
Fortino Capital3 shared
Henchman3 shared
Plug and Play Tech Center2 shared
DFF Ventures2 shared
ff Venture Capital2 shared
AlbionVC2 shared
HV Capital2 shared
Entourage2 shared
#ANGELS2 shared
Founders Fund1 shared
8VC1 shared
Voyagers.io1 shared
Satgana1 shared
XAnge1 shared
Phoenix Court Group1 shared
Deepwater Asset Management1 shared
Seedcamp1 shared
Revent1 shared
Frontline Ventures1 shared
Last updated: 20 October 2026