The deep learning industry in Benelux is a thriving ecosystem, attracting companies that are pushing the boundaries of technology. From specialized startups developing innovative AI applications in healthcare to established firms enhancing automation in finance, the area is home to a blend of visionary ventures. Recent advancements have seen an increased focus on artificial intelligence that interprets complex data, improving decision-making across sectors. As demand grows for smart technologies that can handle large datasets, companies are pivoting towards scalable AI solutions. With ongoing investments, the region is poised for remarkable growth, becoming a key player in the global AI arena.


The investors in this list represent a mix of venture capital and corporate firms, predominantly headquartered in Amsterdam and Luxembourg. Established between 2000 and 2019, they vary in size from small teams to large entities with thousands of employees. In 2024, these investors collectively participated in numerous funding rounds, showcasing their commitment to deep learning technologies. Their active engagement indicates a robust interest in shaping the future of AI within the Benelux landscape, with a keen eye on promising startups innovating in this sphere.


Top 16 Deep Learning Investors in Benelux


1. European Innovation Council (EIC)


The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, the EIC offers various funding programs, including the EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale their technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation in diverse sectors. Notably, the EIC has been involved in significant transactions such as the funding of Multiverse Computing, which received €12.5 million from the EIC Accelerator program, including an equity investment and a grant. This company operates in quantum computing, an area that intersects with deep learning technologies. Additionally, the EIC has supported other innovative firms like Aiforia and Innatera, indicating its commitment to advancing technology and innovation, including in the deep learning context.


2. Exor N.V.

  • Website: exor.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2009
  • Headcount: 11-50
  • Number of deals in 2024: 26
  • LinkedIn: exor_2

Exor N.V. is a venture capital firm based in Amsterdam, Netherlands, founded in 2009. It operates as a holding company with a diverse portfolio across various sectors, including automotive, healthcare, and media. Exor is known for its strategic investments and operational support to enhance value in its portfolio companies. In recent years, Exor has made notable investments in the deep learning space, including a $113 million investment in Mistral AI during its seed round in June 2023, and a $2.77 million investment in Focoos AI in February 2025. These transactions highlight Exor's commitment to supporting innovative AI technologies, making it a relevant player in the deep learning investment landscape.


3. M Ventures

  • Website: m-ventures.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2009
  • Headcount: 11-50
  • Number of deals in 2024: 18
  • LinkedIn: merck-ventures

M Ventures is a venture capital fund based in Amsterdam, Netherlands, founded in 2009. The firm specializes in investing in transformative ideas within the biotechnology and technology sectors, focusing on startups in healthcare, life sciences, and advanced technology. M Ventures provides funding and strategic guidance to help these startups achieve commercial success. Notably, M Ventures has participated in significant funding rounds for companies involved in deep learning technologies, such as MemryX, which raised $44 million in Series B funding to develop in-memory chips for AI applications, and SynSense, which closed a Series A funding round to advance its neuromorphic computing technology. Additionally, M Ventures invested in Corvic AI, which raised $12 million in a seed round, further showcasing their commitment to innovative technology solutions. Through these investments, M Ventures collaborates closely with entrepreneurs to drive innovation and growth in their portfolio companies, particularly in the deep learning space.


4. Alpha Intelligence Capital


Alpha Intelligence Capital is a venture capital firm based in Luxembourg, founded in 2018. The firm specializes in investing in AI-first companies, providing both funding and strategic guidance to startups in the artificial intelligence and machine learning sectors. Their focus on deep technology investments positions them as a key player in the AI landscape. Notably, Alpha Intelligence Capital has participated in several significant transactions within the deep learning context, including a Series A investment in Another Brain, a French deep learning company, which raised €19 million to develop its OrganicAI™ technology. They also invested in InstaDeep, an enterprise AI startup that raised $100 million in Series B financing, and FlexAI, which secured $30 million in a seed round for an on-demand cloud service for AI training. These investments highlight their active role in supporting the growth of deep learning technologies.


5. European Investment Bank (EIB)


The European Investment Bank (EIB) is a public entity based in Luxembourg, founded in 1958, that provides financial services including loans, equity investments, guarantees, and advisory services to support sustainable projects across various sectors. EIB's clientele includes both public and private organizations seeking funding for initiatives that promote growth and job creation. Notably, EIB has been involved in several transactions relevant to the deep learning industry, such as leading a $28 million financing round for Prophesee, a French company specializing in vision technology that utilizes deep learning for advanced image processing. Additionally, EIB participated in the Series A funding of SiPearl, which focuses on high-performance computing, a critical area for deep learning applications. These transactions highlight EIB's engagement with technology firms that are integral to the development and application of deep learning solutions.


6. Prosus Group

  • Website: prosus.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2019
  • Headcount: 10001+
  • Number of deals in 2024: 21
  • LinkedIn: prosus-group

Prosus Group is a global technology investor and operator based in Amsterdam, Netherlands, founded in 2019. The firm focuses on enhancing everyday life through technology across various sectors, including online classifieds, food delivery, payments, and education technology, serving over two billion customers worldwide. Prosus partners with local entrepreneurs to foster community growth and sustainable business practices. Notably, Prosus has made significant investments in the deep learning space, including a $9 million seed funding round for Martian, an AI model-routing platform, and a $25 million early funding round for Ema, a startup developing a universal AI employee to automate mundane tasks. These investments highlight Prosus's commitment to advancing AI and deep learning technologies.


7. OTB Ventures

  • Website: otb.vc
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn: otb-ventures

OTB Ventures is a venture capital firm based in Amsterdam, Netherlands, founded in 2017. The firm specializes in early-stage investments in deep-tech startups, focusing on sectors such as SpaceTech, AI, FinTech, and CyberSecurity. In 2024, OTB Ventures has been involved in several significant transactions, particularly in the AI space. Notably, they participated in the seed funding for Semron, a company developing AI chips for mobile devices, which raised $7.9 million. Additionally, they were involved in funding rounds for Apheris, which raised $20.8 million in Series A, and Synthara, a semiconductor innovator that raised €10.5 million. These investments highlight OTB Ventures' commitment to supporting startups that are at the forefront of AI and deep learning technologies, providing both capital and strategic support to help these companies scale in global markets.


8. Adara Ventures

  • Website: adara.vc
  • Type: Venture Capital
  • Headquarters: Luxembourg
  • Founded year: 2005
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn: adara-venture-partners

Adara Ventures is a venture capital firm based in Luxembourg, founded in 2005, that focuses on investing in early-stage technology companies across Europe. The firm partners with visionary founders in sectors such as cybersecurity, digital health, and data applications, providing them with the necessary resources and strategic support to scale their businesses effectively. Among their notable transactions, Adara participated in the funding rounds of Quibim, a Spanish medtech company that specializes in 'radiomics' technology, which utilizes AI to enhance medical imaging solutions. In a seed round in 2020, Adara co-led an €8 million investment to support Quibim's AI platform aimed at improving healthcare providers' capabilities. This involvement in a company that directly applies deep learning techniques in the healthcare sector underscores Adara's relevance in the deep learning investment landscape. Additionally, their participation in funding rounds for Stratio, a company that may also leverage data applications, further illustrates their engagement with technology that could intersect with deep learning.


9. Volta Ventures

  • Website: volta.ventures
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2014
  • Headcount: 11-50
  • Number of deals in 2024: 4
  • LinkedIn: volta-ventures

Volta Ventures is a venture capital firm based in Amsterdam, North Holland, Netherlands, specializing in seed and early-stage investments in enterprise software startups within the Benelux region. Founded in 2014, the firm focuses on technology-driven companies, particularly in sectors like FinTech and HealthTech. Notably, Volta Ventures has invested in several startups that are relevant to the deep learning field. For instance, they led a funding round for Wizata, an Industry 4.0 AI startup that provides an open architecture platform for optimizing production processes using AI. Additionally, they invested in NannyML, a Belgian AI monitoring startup that aims to bridge the gap between AI and business by monitoring AI decisions and their impact. These transactions highlight Volta Ventures' commitment to supporting innovative companies that utilize AI and deep learning technologies.


10. Keen Venture Partners


Keen Venture Partners is a venture capital firm based in Amsterdam, Netherlands, founded in 2014. The firm specializes in investing in early-stage technology companies across Europe, with a focus on sectors such as Productive AI, Defense Tech, and Financial Operations. They provide both capital and strategic support to help startups grow and succeed. Notably, Keen Venture Partners has been involved in several transactions relevant to the deep learning context, including a Series C investment in Rescale, which raised $55 million to enhance high-performance computing solutions. They also participated in the Series B round for Rescale, contributing to a total investment of $52 million. Additionally, Keen has invested in Perciv AI and Avalor AI, both of which are focused on AI technologies, indicating their commitment to the deep learning space. Their investment in Cleyrop, a data management software company, further emphasizes their interest in companies that handle large datasets, which is essential for deep learning applications.


11. Mangrove Capital Partners


Mangrove Capital Partners is a venture capital firm based in Luxembourg, founded in 2000, specializing in early-stage investments in innovative technology companies. With a focus on empowering startups in Europe and Israel, they provide both financial support and strategic guidance. Their investment strategy includes sectors like digital health and education tech, but they have also made significant investments in companies relevant to deep learning. For instance, they led a seed funding round for Edgify, a startup that is developing AI training frameworks for edge computing, and invested in Brain.space, a company focused on brain-mapping data, which has potential applications in deep learning. Additionally, their investment in SQream Technologies, which focuses on cloud innovation, further demonstrates their engagement with advanced technology sectors that intersect with deep learning.


12. GapMinder VC

  • Website: gapminder.vc
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 3
  • LinkedIn: gapminder-vc

GapMinder VC is a venture capital firm based in Amsterdam, Netherlands, founded in 2017. The firm specializes in investing in early-stage startups within the Deeptech and SaaS sectors, providing not only capital but also strategic support in areas such as recruitment, marketing, sales strategy, and financial planning. In 2024, GapMinder VC has made three investments, including notable transactions in the deep learning space. For instance, they participated in the seed round for Etiq AI, which raised over $1 million, focusing on AI-driven solutions. Additionally, they have been involved with XVision, a Romanian AI-based medtech startup, which has secured significant funding to expand its team and develop new products. These investments highlight GapMinder's commitment to supporting innovative technologies that leverage deep learning capabilities.


13. LUMO Labs

  • Website: lumolabs.io
  • Type: Venture Capital
  • Headquarters: Eindhoven, North Brabant, Netherlands
  • Founded year: 2016
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn: lumo-labs

LUMO Labs is a venture capital firm based in Eindhoven, North Brabant, Netherlands, founded in 2016. The firm specializes in impact-driven investments in emerging technologies, providing funding and tailored support programs to early-stage startups that address social and environmental challenges. LUMO Labs has been actively involved in the technology sector, particularly in areas such as AI and Blockchain. Notable transactions include investments in FruitPunch AI, which focuses on developing AI-driven platforms, and Sycai Technologies, which raised over $3 million in a Series A round. Additionally, they invested in Cordys Analytics, further demonstrating their commitment to supporting analytics and AI-driven solutions. These transactions highlight LUMO Labs' focus on fostering innovation in the deep learning space.


14. Sgh

  • Website: sghcapital.com
  • Type: Venture Capital
  • Headquarters: Luxembourg
  • Founded year: 2015
  • Headcount: 1-10
  • Number of deals in 2024: 3
  • LinkedIn: sghcapital

SGH Capital is a venture capital firm based in Luxembourg, founded in 2015, that specializes in investing in early and mid-stage disruptive companies across various sectors, including fintech and blockchain. They provide capital and strategic support to innovative businesses primarily in the US and western Europe. Notably, SGH Capital has made significant investments in the deep learning space, including a recent investment in OpenAI, which raised an undisclosed amount in April 2024. They also participated in Groq's Series D funding round, where the company raised $640 million, focusing on AI hardware solutions. Additionally, SGH has invested in other technology-driven companies like LeapYear Technologies and SigOpt, both of which are relevant to the data science and machine learning sectors. This diverse portfolio highlights SGH Capital's commitment to supporting innovative technologies, including deep learning.


15. s16vc - Founders for Founders Fund

  • Website: s16vc.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2020
  • Headcount: 11-50
  • Number of deals in 2024: 7
  • LinkedIn: s16vc

s16vc - Founders for Founders Fund is a venture capital firm based in Amsterdam, Netherlands, founded in 2020. The firm focuses on providing advisory services to companies, emphasizing the importance of strategic guidance in management. In addition to their consulting services, s16vc has actively invested in several companies within the technology sector, particularly those leveraging artificial intelligence and deep learning. Notable transactions include a $50 million investment in Synthesia, a leader in AI-generated video technology, and a $9 million investment in Krisp, an AI-powered noise removal application. These investments highlight s16vc's commitment to supporting innovative companies that are at the forefront of deep learning advancements.


16. Curiosity VC

  • Website: curiosityvc.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2021
  • Headcount: 1-10
  • Number of deals in 2024: 9
  • LinkedIn: curiosityvc

Curiosity Venture Capital is a venture capital firm based in Amsterdam, North Holland, Netherlands, founded in 2021. The firm specializes in supporting early-stage software companies across the Benelux, Nordics, and Baltics regions, with a particular emphasis on AI-driven software solutions. In 2023, Curiosity VC participated in a €2.5M seed round for Deeploy, a Dutch-based Machine Learning Operations platform, aimed at expanding its Responsible AI platform. Additionally, they co-led a funding round for Orquesta, a European LLM Operations and Integration platform, securing €800,000 in pre-seed funding to support platform development and market expansion. Their involvement in these transactions underscores their commitment to investing in the deep learning and AI sectors, providing strategic support to help these companies grow and succeed.



Deep Learning Insights: Key Investors in Benelux


InvestorHeadquarterSizeFoundedDeals 2024
European Innovation Council (EIC)Brussels, Brussels, Belgium201-500195857
Exor N.V.Amsterdam, North Holland, Netherlands11-50200926
M VenturesAmsterdam, North Holland, Netherlands11-50200918
Alpha Intelligence CapitalLuxembourg11-5020186
European Investment Bank (EIB)Luxembourg1001-5000195899
Prosus GroupAmsterdam, North Holland, Netherlands10001+201921
OTB VenturesAmsterdam, North Holland, Netherlands11-5020176
Adara VenturesLuxembourg11-5020055
Volta VenturesAmsterdam, North Holland, Netherlands11-5020144
Keen Venture PartnersAmsterdam, North Holland, Netherlands1-1020147
Mangrove Capital PartnersLuxembourg11-5020005
GapMinder VCAmsterdam, North Holland, Netherlands11-5020173
LUMO LabsEindhoven, North Brabant, Netherlands11-5020165
SghLuxembourg1-1020153
s16vc - Founders for Founders FundAmsterdam, North Holland, Netherlands11-5020207
Curiosity VCAmsterdam, North Holland, Netherlands1-1020219


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