§ Ventures

We back founders
re-architecting
foundational systems.

Whether the internet, healthcare, or the energy grid — we invest in companies replacing legacy infrastructure with something fundamentally better. With roots in software protocols and operating decentralized infrastructure, we aim to be a sparring partner alongside our investment.

§ 01 · The portfolio

01Digital Infrastructure
D

DFINITY / Internet Computer

The sovereign cloud for autonomous software.

A decentralized cloud computing protocol that lets developers build, host, and run full-stack applications directly on the blockchain without traditional servers — proving the destination of blockchain is not just decentralized money, but the complete re-architecture of the internet.

HQZürich
StageSeries
Since2018
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02Health Tech
I

Innocens

Predictive intelligence for new life.

An AI-powered clinical support platform analyzing real-time physiological data to detect the earliest warning signs of sepsis in neonatal intensive care units. Algorithmic vigilance for the most vulnerable patients.

HQAntwerp
StageSeed
Since2023
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03Digital Infrastructure
R

Ringtime

Blue-collar recruitment, end-to-end automated.

400,000 unfilled blue-collar jobs in Europe; existing tools are built for office hires. Ringtime's AI agent orchestrates outreach across 22 languages and multiple channels — replacing 200 manual calls per recruiter per day.

HQGhent
StagePre-seed
Since2024
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04Health Tech
U

Uma Health

Precision support for the (peri)menopause transition.

Over 1 billion women in (peri)menopause worldwide; fewer than 25% receive proper treatment. Uma builds the vertically integrated care platform that connects them with specialized practitioners and bio-identical hormone therapies.

HQGhent
StageSeed
Since2024
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05Digital · Health
E

EXR

The indoor rowing app with virtual worlds.

Stationary rowing turned into competitive, immersive gaming by syncing real-time performance data with 3D virtual worlds, global races, and community challenges. The future of fitness is immersion, not discipline.

HQAntwerp
StageSeries A
Since2022
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06Digital Infrastructure
T

Tokenize.it

The digital standard for startup equity.

Regulatory-compliant infrastructure digitizing GmbH shares — letting startups manage fundraising and employee participation online without notary appointments. Cap-table out of paper, into a programmable digital flow.

HQLeipzig
StageSeed
Since2022
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07Digital Infrastructure
S

SettleMint

The operating system for institutional tokenization.

A low-code infrastructure platform empowering enterprises to rapidly build, integrate, and launch tokenized financial instruments — shifting blockchain from experiment to scalable enterprise standard.

HQLeuven
StageSeries A
Since2019
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08Digital Infrastructure
A

Aviate Labs

Operationalizing the decentralized future.

Industrial reliability for decentralized infrastructure — Node Monitor as a Service for the Internet Computer, and the operational guardrails that let enterprises trust and scale decentralized networks.

HQGhent
StageSeed
Since2022
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09Digital Infrastructure
P

Profila

The zero-party engagement platform.

A privacy-first customer engagement platform between brands and individuals through secure, one-to-one data sharing — replacing legacy data brokers with a direct, consensual pipeline.

HQLuzern
StageSeed
Since2021
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10Energy
Z

AZA Battery

Energy storage, reimagined safely.

High-performance zinc-air batteries for long-duration stationary energy storage. Water-based chemistry and Earth-abundant materials — an inherently safe, scalable alternative to lithium-dependent storage.

HQBrussels
StageSeries A
Since2023
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11Energy
G

Genvision

The essential AI suite for carbon markets.

An AI-powered platform accelerating carbon project workflows through compliance checking, validation automation, and unified registry search. From artisanal assessment to scalable, data-driven verification.

HQLeuven
StageSeed
Since2024
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12Energy
E

EOLY

Renewable wind energy, cooperatively owned.

A renewable energy cooperative focused on wind generation. Community-owned wind infrastructure redistributing the economic upside of the energy transition to the people living next to the turbines.

HQHalle
StageOperating
Since2012
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13Energy
M

MURFY

Extending the life of home appliances.

A circular economy platform for home appliance repair and refurbishment. Every extended appliance lifecycle is carbon avoided — turning the repair economy from a cottage service into a logistical infrastructure layer.

HQParis
StageSeries B
Since2018
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§ 02 · Approach

A sparring partner,
not a passenger.

Who we back

Europe-first founders who are globally curious — building infrastructure for a sovereign, healthier, and better future.

Stage

Pre-seed and seed. We write first checks.

Ticket

€50K — €400K first ticket · follow-ons up to €5M.

CLA rounds

Big supporter of bringing the speed of convertible-loan rounds to Europe — and of helping you run one well.

How we help

Sparring on product and go-to-market. We love the first growth phase from discovery to repetitive business — and then make ourselves redundant as fast as possible.

What we avoid

Hardware-only plays without recurring software upside. SPV-stacking. Valuations untethered from current traction. We pass often and we say why.

§ 03 · Pitch us

Building something foundational?

Send a deck and a sentence on why now. We read everything and reply within a week — including when the answer is no.

info@allusion.be →