Belgian Investment Company for Developing Countries

Venture Capital

Belgian development finance institution investing directly in private-sector projects, financial institutions, and infrastructure across developing and emerging countries.

Brussels, Belgium · 4+ investments · 2 portfolio companies

Financial Services
Infrastructure
Headquarters
Brussels, Belgium
Founded
2001
AUM
$1.3B
Portfolio Companies
2
Total Investments
4
Last Investment
May 2025

Investment Thesis

Supports a strong private sector in developing and emerging countries so they can access growth and sustainable development within the UN Sustainable Development Goals framework.

Belgian Investment Company for Developing Countries is a Venture Capital firm based in Brussels, Belgium. It has made 4 investments in Financial Services and Infrastructure, including Amartha and SANASA Development Bank.

Portfolio2

Co-investors7

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7 co-investors across 7 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×5 · Other ×1 · Corporate VC ×1 · 2 shared rounds

Investment History

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