Company lists · Data refreshed September 2026

Top 12 Drug development venture capital companies based in Belgium

RevenueBase identified 28 drug development venture capital companies headquartered in Belgium as of September 2026 and tracks 148 professional contacts across them, including 70 with verified work emails. Brussels is the largest hub.

This list covers drug development venture capital companies headquartered in Belgium, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 28, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 28, 2026 86% judged on-target in blind review
28Companies
148Contacts tracked
70Verified emails
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The 12 largest drug development venture capital companies based in Belgium

Ranked by team size
Top 12 of 28 drug development venture capital companies based in Belgium, ranked by team size, largest first. Data refreshed Sep 28, 2026. RevenueBase Smart Search rates how each company's information relates to drug development venture capital companies: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceZaventem, BelgiumHQ checked Sep 28, 202611-5021 contacts →

Indirect evidence

“Droia is a specialist biotech investor with an exclusive focus on therapeutics for oncology and genetic disease.”

Source: RevenueBase Database · checked Sep 28, 2026
2Strong evidenceGent, BelgiumHQ checked Sep 28, 20261-1015 contacts →

Strong evidence

“Qbic is a seed and early-stage venture capital fund supporting spin-offs and start-ups that valorize research from Qbic's knowledge partners.”

Source: RevenueBase Database · checked Sep 28, 2026
3Partial evidenceBrussels, BelgiumHQ checked Sep 28, 20261-1014 contacts →

Partial evidence

“Bioqube Ventures is a global life sciences investment firm with offices in Belgium and the United States.”

Source: RevenueBase Database · checked Sep 28, 2026
4Indirect evidenceAntwerp, BelgiumHQ checked Sep 28, 202611-5013 contacts →

Indirect evidence

“HERAN PARTNERS is a European investment fund founded in 2020 with a specific focus on Enabling Technologies in Life Sciences and Healthcare.”

Source: RevenueBase Database · checked Sep 28, 2026
5Indirect evidenceBrussels, BelgiumHQ checked Sep 28, 202611-5012 contacts →

Indirect evidence

“Newton Biocapital (NBC) is a VC firm focused on early-stage Life Sciences companies targeting chronic health conditions.”

Source: RevenueBase Database · checked Sep 28, 2026
6Indirect evidenceWavre, BelgiumHQ checked Sep 28, 20261-109 contacts →

Indirect evidence

“At VIVES Partners, we invest in the next generation of European innovation.”

Source: RevenueBase Database · checked Sep 28, 2026
7Partial evidenceBrussels, BelgiumHQ checked Sep 28, 20261-109 contacts →

Partial evidence

“Pharmaceutical company engaged in early stage development of value-added medicines (improved versions of existing medicines).”

Source: RevenueBase Database · checked Sep 28, 2026
8Strong evidenceSint-denijs-westrem (gent), BelgiumHQ checked Sep 28, 20261-107 contacts →

Strong evidence

“We are a life science Venture Capital fund that co-creates startups and invests in early- to mid-stage companies with high growth potential.”

Source: RevenueBase Database · checked Sep 28, 2026
9Strong evidenceGhent, BelgiumHQ checked Sep 28, 20261-106 contacts →

Strong evidence

“Novalis Biotech is an early stage venture capital fund in life sciences, focusing on enabling technologies in healthcare, such as digital health, diagnostics, genomics and…”

Source: RevenueBase Database · checked Sep 28, 2026
10Indirect evidenceLimburg Belgium, BelgiumHQ checked Sep 28, 202611-503 contacts →

Indirect evidence

“MDev BV is a boutique studio dedicated to medical device investment and commercialisation.”

Source: RevenueBase Database · checked Sep 28, 2026
11Partial evidenceBrussels, BelgiumHQ checked Sep 28, 20261-103 contacts →

Partial evidence

“Cascara Ventures is the new investment fund of Adriaan Hart de Ruijter, experienced entrepreneur and investor in life sciences.”

Source: RevenueBase Database · checked Sep 28, 2026
12Indirect evidenceGent, BelgiumHQ checked Sep 28, 20261-102 contacts →

Indirect evidence

“Despite consumer awareness being at an all-time high and mature online distribution channels, too many biomedical innovations are finding their way onto the market.”

Source: RevenueBase Database · checked Sep 28, 2026

Showing 12 of 28 drug development venture capital companies based in Belgium

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Drug development venture capital companies based in Belgium at a glance

As of Sep 28, 2026
47.3%Verified-email coverage
5.3Average contacts per company
1-10Median size (employees)
28.6%Largest-city concentration · Brussels
Sep 28, 2026Page data refreshed

Companies by employee count

1-10
21
11-50
7

Email recency for this list is measured worldwide rather than for Belgium, so it is reported there. Company counts and contact totals on this page are exact for Belgium, over 28 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among drug development venture capital companies, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Belgium whose own description of what they do matches “drug development venture capital companies”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names drug development venture capital companies), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among drug development venture capital companies, and records with no verified work email. Companies headquartered outside Belgium are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 70 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 28, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names drug development venture capital companies, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many drug development venture capital companies are there based in Belgium?

RevenueBase identified 28 drug development venture capital companies headquartered in Belgium as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Droia Ventures, headquartered in Zaventem, tops this list with the largest team on record.

Which city has the most drug development venture capital companies?

Brussels leads with 8 headquartered companies, followed by Gent (3) and Leuven (2).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 70 verified decision-maker contacts tracked across these 28 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 28, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.