Hummingbird Ventures
Hummingbird Ventures is a Brussels-based global early-stage venture capital firm that backs outlier founders from seed ($500K) through follow-on rounds ($50M+), investing across Fintech, AI, Biotech, HealthTech, Gaming, and Deep Tech from hubs on three continents with a ~23-person team.
- Company typePrivate
- Founded2010
- HeadquartersBrussels, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Hummingbird Ventures does
Hummingbird Ventures is a global early-stage venture capital firm founded around 2010 and headquartered in Brussels, Belgium, that backs "outlier founders" from seed through Series C with check sizes ranging from $500K at seed to $50M+ in follow-on rounds. The firm operates from hubs on three continents (North America, Europe, Asia) with a lean ~23-person team, and invests across Fintech, AI, Biotech, HealthTech, Gaming, Marketplaces, SaaS, and Deep Tech, with documented exposure to 17+ countries. Hummingbird's two product lines are the main seed fund and Nomads, a Fund-of-Funds vehicle led by Wouter Gort (ex-Atomico MD) that provides diversified exposure across emerging managers.
The firm has built a track record on high-conviction early bets — Kraken (2014 Seed), Deliveroo (2012), Peak Games, Gram Games, Revolut, BillionToOne, Lovable, and Etched — and continues to lead or co-lead material rounds, including a $220M Series A in Olix (Feb 2026) at a $1B valuation and a $20M Series A in Waypoint Bio (Jun 2026). Revenue is generated through standard VC economics: management fees on multiple Hummingbird funds administered by Hummingbird Ventures Management NV (a Belgian NV registered with the Crossroads Bank for Enterprises), plus carried interest from exits (Deliveroo IPO, Kraken 2021 and 2025, Peak Games 2020, Gram Games 2018, Ciceksepeti, Showpad, Frontier Car Group).
The firm differentiates on a "low-friction, no-meddling" philosophy — minimal board involvement, long-duration capital through near-death moments, and selective concentration (up to 25% of a fund into a single company). It is regulated as an EU AIFM under SFDR, GDPR-compliant in data handling, and operates from Belgium while investing globally. Operational infrastructure includes an in-house development/automation function led by Diala Erekat, a dedicated Talent team (Frost, Metin, Mouradyan) supporting portfolio hiring, and an investor portal hosted on Fundrbird. Recent leadership additions — Peter Devlin (deep tech, 2024), Patrick Lundgren (biotech, ex-Flagship Pioneering), Katherine Jones (healthcare), Konrad Kordowski (EU coverage, 2025), and Marc Rizk (analyst, 2025) — signal thematic buildout into AI, semiconductors, and biotech.
Hummingbird Ventures firmographics
Firmographics- Name
- Hummingbird Ventures
- Legal name
- Hummingbird Ventures Management NV
- Website
- https://hummingbird.vc
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Hummingbird Ventures is a Brussels-based global early-stage venture capital firm that backs outlier founders from seed ($500K) through follow-on rounds ($50M+), investing across Fintech, AI, Biotech, HealthTech, Gaming, and Deep Tech from hubs on three continents with a ~23-person team.
- Ownership category
- akta.pro rank
Hummingbird Ventures industry classification
Industry- Product category
- Venture Capital / Private Equity
- NAICS
- Portfolio Management and Investment Advice (52394), Other Financial Vehicles (525990), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
- akta.pro secondary industries
- Managed Account / SMA Multi-Manager Platforms (FSANAGAL), Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF)
Keywords
Where Hummingbird Ventures is headquartered
LocationHeadquarters
- HQ city
- Brussels
- HQ country
- Belgium
- HQ region
- Europe
Markets served
Hummingbird Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Venture capital fund management & carry: Hummingbird Ventures Management NV administers multiple Hummingbird funds. Revenue is generated through traditional VC economics: management fees on funds under administration plus carried interest from successful portfolio exits (e.g., Deliveroo IPO, Kraken exit in 2021 & 2025, Gram Games exit 2018, Peak Games exit 2020, Showpad, Ciceksepeti, Beat, Engagor, Frontier Car Group, Amplidata).
- Fund-of-funds vehicle (Nomads): Operated as a separate vehicle ('Nomads') led by Wouter Gort, generating management and/or performance fees by investing into other venture funds.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Seed ticket |
| Other | — | Follow-on doubling/tripling down ticket |
Go-to-market motion1 record
Hummingbird Ventures product offering
Product offeringCore offering
Hummingbird Ventures is a global early-stage venture capital firm that invests from $500K at the seed stage up to $50M+ when doubling or tripling down, backing outlier founders across sectors including Fintech, AI, Biotech, HealthTech, Gaming, Marketplaces, SaaS, and Deep Tech. It also operates Nomads, a Fund-of-Funds vehicle led by Wouter Gort that provides diversified venture exposure across emerging managers.
Product overview
Hummingbird Ventures operates as a unified investment platform with two core offerings: (1) the main Hummingbird seed fund, which backs outlier founders globally from $500K at seed to $50M+ when doubling and tripling down across Fintech, AI, Biotech, HealthTech, Gaming, Marketplaces, SaaS, and Deep Tech, and (2) Nomads, a Fund-of-Funds product led by Wouter Gort that provides diversified venture exposure across emerging managers.
Differentiator
Problem solved
Functional benefit
Brands
- Nomads: Hummingbird's Fund-of-Funds vehicle led by Wouter Gort.
- Magnificent Grants
Products and services
- Hummingbird Seed Fund The flagship global seed-stage investment vehicle backing outlier founders from $500K at seed to $50M+ when doubling and tripling down, across sectors including Fintech, AI, Biotech, HealthTech, Gaming, Marketplaces, SaaS, and Deep Tech.
- Nomads A Fund-of-Funds offering led by Wouter Gort that provides diversified venture exposure by allocating capital across emerging managers, complementing Hummingbird's direct seed investment strategy.
Companies that use Hummingbird Ventures
Customer profileIdeal customer profiles2 records
Hummingbird Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Hummingbird Ventures partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights5 records
Hummingbird Ventures competitors and assessment
Company assessmentDirect peers
- Index Ventures: Global early- and growth-stage venture firm headquartered in London/San Francisco with comparable geographies (Europe + US) and sector breadth (Fintech, AI, biotech, marketplaces). Index is a direct competitor for European seed/Series A deals and LP capital.
- Atomico: London-based global VC founded by Skype's Niklas Zennström, focused on ambitious European tech founders from seed to growth. Hummingbird's Nomads lead Wouter Gort is an Atomico alumnus, and both firms target European outlier founders with global ambition.
- Balderton Capital: London-based early-stage venture firm investing across Europe from seed to Series A. Directly comparable to Hummingbird on geography (Europe-led), stage (seed-heavy), and sector breadth (fintech, marketplaces, SaaS, AI).
- Creandum: Leading European early-stage VC with offices in Stockholm, Berlin, London, and San Francisco. Closely comparable to Hummingbird on European seed-stage focus and cross-border deal flow; competes for the same Nordic and DACH founders.
- LocalGlobe: London-based seed-stage VC by Robin and Saul Klein investing globally in outlier founders from pre-seed onward. Directly competes with Hummingbird at the pre-seed/seed stage — note that LocalGlobe co-invested with Hummingbird in Olix's $220M Series A.
- Speedinvest: Vienna-based early-stage European VC with sector-focused funds (Fintech, Deep Tech, Health, Climate). Comparable stage, geography, and selective-concentration ethos to Hummingbird, including deep tech and biotech exposure.
- Northzone: Nordic-origin, London/New York-based early-to-growth VC backing technology founders across Europe and the US. Comparable stage (seed through growth), sector breadth, and pan-European + US positioning to Hummingbird.
Broad incumbents
- Accel: Palo Alto/London-based global VC with multi-stage and multi-sector reach. Overlaps with Hummingbird at the early stage (e.g., co-investor in Waypoint Bio's $20M Series A) but operates at materially larger fund size.
- Andreessen Horowitz (a16z): US-based mega-fund with global seed, venture, and growth vehicles. Directly co-invested with Hummingbird in Salient Motion's $12M Seed round; comparable as an AI/fintech investor but operates at far greater scale and brand recognition.
Regional players
- Earlybird Venture Capital: Berlin-based European early-stage VC with deep tech, fintech, and digital health focus. Comparable stage and selective European thesis, but more regionally concentrated (DACH-led) than Hummingbird's globally distributed portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Hummingbird Ventures social profiles
Digital presenceHummingbird Ventures compliance and trust
Trust signalCompliance3 records
Hummingbird Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hummingbird Ventures leadership team
Management profileNumber of profiles
Profiles15 records
Hummingbird Ventures subsidiaries and ownership
Company hierarchySubsidiaries2 records
Hummingbird Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hummingbird Ventures M&A and investment
M&A and investmentM&A
Investments157 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hummingbird Ventures
What does Hummingbird Ventures do?
Hummingbird Ventures is a global early-stage venture capital firm that invests from $500K at the seed stage up to $50M+ when doubling or tripling down, backing outlier founders across sectors including Fintech, AI, Biotech, HealthTech, Gaming, Marketplaces, SaaS, and Deep Tech. It also operates Nomads, a Fund-of-Funds vehicle led by Wouter Gort that provides diversified venture exposure across emerging managers.
Is Hummingbird Ventures a public or private company?
Hummingbird Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Hummingbird Ventures founded?
Hummingbird Ventures was founded in 2010. It employs 11 to 50 people.
Where is Hummingbird Ventures based?
Hummingbird Ventures is headquartered in Brussels, Belgium, in the Europe region.
How does Hummingbird Ventures make money?
Two revenue lines are on record. Venture capital fund management & carry is the primary driver. The others are fund-of-funds vehicle (Nomads).
Who are Hummingbird Ventures's main competitors?
Direct peers on record are Index Ventures, Atomico, Balderton Capital, Creandum, LocalGlobe, Speedinvest and Northzone. Broad incumbents are Accel and Andreessen Horowitz (a16z). Earlybird Venture Capital is listed as a regional player.
Does Hummingbird Ventures have an API?
No public API is recorded for Hummingbird Ventures.
What industry is Hummingbird Ventures in?
Hummingbird Ventures's product category is Venture Capital / Private Equity. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed), with a secondary code of FSANAGAL, Managed Account / SMA Multi-Manager Platforms. Its NAICS code is 52394 and its SIC code is 6282.