Syndicate One, an international investment firm backing Belgian startup founders, has announced the closing of its second fund at €22 million. The operation, completed in just eight weeks, highlights the growing investor interest in Belgium's tech ecosystem.

Investments and strategy

The new fund will be managed through Syndicate One's network of founders, investors, and operators, with Laurens De Poorter leading alongside founding members Arnaud Bakker and Robin Wauters. Since its launch in 2022, Syndicate One has invested in several early-stage startups, including Aikido Security and Techwolf, which have reached unicorn status with valuations exceeding $1 billion.

Ecosystem support

Syndicate One stands out as the first Belgian investment firm backed by four governmental funds: PMV (Flanders), SFPIM (federal), Finance&Invest Brussels, and Wallonie Entreprendre. In addition to capital, Syndicate One offers founders access to a network of entrepreneurs and experts with experience in scaling companies like Collibra and Deliverect.