Seeder Fund

Seeder Fund is a venture capital firm based in Brussels, Belgium, focusing on early-stage investments in digital startups. The firm specializes in providing seed funding, offering up to EUR 200,000 to young companies that are beginning to establish commercial traction. For startups that are preparing for Series A financing, Seeder Fund can invest up to EUR 300,000 to help validate their growth potential and progress towards profitability. Additionally, the firm supports scaling companies by providing growth capital of up to EUR 1,000,000 in exchange for a capital stake. While it generally prefers to invest in companies it has previously financed, Seeder Fund remains open to exploring opportunities in other promising digital ventures.

Pierre-François Hellebuyck

Partner

Isabelle Tennstedt

Partner at Seeder Fund

Past deals in Luxembourg

Passbolt

Series A in 2025
Passbolt SA is a Luxembourg-based company that develops an open-source password manager specifically tailored for Agile and DevOps teams. The software enhances information security for small and medium-sized organizations by centralizing password management, which helps prevent password reuse and promotes stronger password practices. Passbolt facilitates secure storage and sharing of credentials among team members, thereby reducing cyber risks. It is designed to be highly collaborative and interoperable, with an open API and adherence to standards like PGP. The solution can be deployed in the cloud or on-premises, providing organizations with maximum control over their data.

Next Gate Tech

Series A in 2022
Next Gate Tech SA specializes in providing software-as-a-service automation solutions tailored for the asset management industry. Founded in 2015 and based in Luxembourg City, the company leverages cloud technology to consolidate data from various unstructured sources into a single, consistent platform. This approach allows clients to streamline their middle and back-office operations, enhancing efficiency while reducing risks associated with multiple legacy systems. The platform features analytics tools that support automated oversight in areas such as Net Asset Value (NAV), risk management, and environmental, social, and governance (ESG) compliance. By focusing on data harmonization, Next Gate Tech empowers firms to manage governance and controls effectively, ultimately optimizing their operations and lowering technology and manual costs.

Passbolt

Seed Round in 2020
Passbolt SA is a Luxembourg-based company that develops an open-source password manager specifically tailored for Agile and DevOps teams. The software enhances information security for small and medium-sized organizations by centralizing password management, which helps prevent password reuse and promotes stronger password practices. Passbolt facilitates secure storage and sharing of credentials among team members, thereby reducing cyber risks. It is designed to be highly collaborative and interoperable, with an open API and adherence to standards like PGP. The solution can be deployed in the cloud or on-premises, providing organizations with maximum control over their data.

Next Gate Tech

Seed Round in 2019
Next Gate Tech SA specializes in providing software-as-a-service automation solutions tailored for the asset management industry. Founded in 2015 and based in Luxembourg City, the company leverages cloud technology to consolidate data from various unstructured sources into a single, consistent platform. This approach allows clients to streamline their middle and back-office operations, enhancing efficiency while reducing risks associated with multiple legacy systems. The platform features analytics tools that support automated oversight in areas such as Net Asset Value (NAV), risk management, and environmental, social, and governance (ESG) compliance. By focusing on data harmonization, Next Gate Tech empowers firms to manage governance and controls effectively, ultimately optimizing their operations and lowering technology and manual costs.
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