Indexed logomarkindexed.vc

Noshaq

Venture Capital

Belgian investment fund (formerly Meusinvest) established in 1985, serving as the reference financial partner for SMEs in the Liege region with a portfolio of 477 companies across life sciences, digital tech, and energy.

Liege, Belgium · 13+ investments · 11 portfolio companies

Early Stage
Seed
Energy
Healthcare
PropTech
biotechnology
creative industries
enterprise software
Life Sciences
Headquarters
Liege, Belgium
Founded
1985
Website
noshaq.be
AUM
$1.5B
Portfolio Companies
11
Total Investments
13
Last Investment
Oct 2025
Geographic Focus
Belgium, Liège region

Indexed holds 11 portfolio companies and 13 funding rounds for this investor. The full record is or through the API.

Investment Thesis

Public investment fund and fund manager serving as the reference financial partner for the creation and development of SMEs in the Liège region. Invests across 7 priority sectors including life sciences, agriculture, digital, and industry 4.0. Portfolio of 478 companies. Combines equity financing with hands-on operational support, acting as a catalyst for territorial economic transition.

Noshaq is a Venture Capital firm based in Liege, Belgium. It has made 13 investments, including DeuterOncology, Lisaqua and Brenus Pharma. Focus areas include Energy and Healthcare.

Portfolio11

Co-investors24

Sign up to view co-investors

24 co-investors across 27 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×17 · Other ×1 · Government ×1 · 27 shared rounds

Investment History

Sign up to view investment history

Create a free account with 25 free credits every month, no card needed, to unlock deal history, amounts, and round details.

Your firm? Embed this profile

Add the live badge to your site — it stays current as your portfolio data updates.

Noshaq on Indexed.vc
<a href="https://indexed.vc/investors/noshaq"><img src="https://indexed.vc/api/badge/investor/noshaq" alt="Noshaq on Indexed.vc" width="260" height="76" /></a>