The Faktory

The Faktory is an accelerator, incubator and early-stage venture capital firm that supports IoT and connected-device startups with a business-to-business focus. Based in Angleur, Belgium, it operates across Belgium, France, Luxembourg and the Netherlands, making minority investments of roughly €0.2 million to €1 million per transaction (around 30% ownership) and providing mentoring and hands-on support to help startups validate markets, develop products and scale internationally.

Pierre L'Hoest

Founder and President

Past deals in Belgium

IVEX

Seed Round in 2023
IVEX is a technology company specializing in the development of tools and software for the testing and validation of advanced driver-assistance systems (ADAS) and autonomous driving (AD) vehicles. Originating from the University of Leuven, IVEX has assembled a diverse team from over ten countries and has established partnerships with prominent industry players, including Siemens. The company focuses on enhancing the efficiency of engineers who analyze extensive driving data generated by AD/ADAS systems. IVEX offers a cloud-based suite of testing and validation tools, alongside an onboard real-time safety checker, which can function independently or in tandem. Its software solutions enable the identification and categorization of driving scenarios, the creation of digital representations for simulation, and the analysis of large datasets with reduced computational demands. By prioritizing safety and performance, IVEX positions itself as a critical player in the evolving landscape of automated vehicle technology.

MyCellHub

Funding Round in 2022
MyCellHub, originated from KU Leuven, provides a regulatory-compliant software platform for biotherapeutics manufacturing that digitalizes cell production workflows. It offers a bio-manufacturing execution system and data-management analytics SaaS that captures data in real time, integrates with ERP systems, and maintains automated batch records and a real-time audit trail to support regulated lab and cleanroom environments. The platform aims to improve efficiency of cell culture processes and enable optimization of advanced therapy production through data analytics and actionable insights.

IVEX

Seed Round in 2020
IVEX is a technology company specializing in the development of tools and software for the testing and validation of advanced driver-assistance systems (ADAS) and autonomous driving (AD) vehicles. Originating from the University of Leuven, IVEX has assembled a diverse team from over ten countries and has established partnerships with prominent industry players, including Siemens. The company focuses on enhancing the efficiency of engineers who analyze extensive driving data generated by AD/ADAS systems. IVEX offers a cloud-based suite of testing and validation tools, alongside an onboard real-time safety checker, which can function independently or in tandem. Its software solutions enable the identification and categorization of driving scenarios, the creation of digital representations for simulation, and the analysis of large datasets with reduced computational demands. By prioritizing safety and performance, IVEX positions itself as a critical player in the evolving landscape of automated vehicle technology.

MyCellHub

Seed Round in 2019
MyCellHub, originated from KU Leuven, provides a regulatory-compliant software platform for biotherapeutics manufacturing that digitalizes cell production workflows. It offers a bio-manufacturing execution system and data-management analytics SaaS that captures data in real time, integrates with ERP systems, and maintains automated batch records and a real-time audit trail to support regulated lab and cleanroom environments. The platform aims to improve efficiency of cell culture processes and enable optimization of advanced therapy production through data analytics and actionable insights.

WhiteCrow Tech

Seed Round in 2015
WhiteCrow Tech, founded in 2014 by Xavier Serret and based in Seraing, Belgium, specializes in innovative solutions for mountain biking. The company has developed the WhiteCrow Hub, a unique traction control device that allows riders to adjust tire pressure while riding. This technology is particularly beneficial for fat and plus bikes, as it enables users to inflate or deflate their wheels according to the terrain conditions. The closed air system utilized in the WhiteCrow Hub maintains a pressure level that exceeds that of the tire, enhancing performance and adaptability on diverse surfaces. Through its advancements, WhiteCrow Tech aims to improve the overall riding experience for mountain biking enthusiasts.

Wishbone

Seed Round in 2014
Wishbone develops and markets bone graft substitutes for dental implants. Founded in 2013 by renowned clinicians, the company's products are made from pure bovine hydroxyapatite, optimized for biocompatibility, osteogenesis, and handling.

Sharebox

Seed Round in 2013
Sharebox is a business that helps companies foster internal connections and boost employee engagement. It does this by creating a platform where employees can share and discover each other's interests and hobbies, fostering a sense of community within the workplace. This not only promotes a positive work environment but also increases productivity and reduces absenteeism. The platform is user-friendly, with employees simply describing their passions and inviting others to join in. It has been successfully tested by organizations such as the FPS Social Security and Vlan.
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