What Nivelinvest does

Nivelinvest, operating commercially as Invest.BW, is a Belgium-based risk-capital provider founded in 2008 and headquartered in Louvain-la-Neuve. The firm functions as the designated venture capital and financing partner for the Walloon Brabant province, deploying patient capital into local entrepreneurs across the startup, scale-up, and growth/transmission stages, as well as into SMEs requiring real estate financing. Invest.BW invests under a structured 'Venture Matrix' framework that evaluates team quality, risk/return balance, regional alignment with Walloon strategic axes, growth potential, and societal impact, with investments structured as risk-sharing arrangements over a 5-10 year horizon and capped at €2.5M per transaction.

The firm's core product set comprises five instruments: equity capital, subordinated loans, convertible loans, real estate leasing, and the B2Start IC early-stage vehicle. It is differentiated institutionally as an actor aligned with Walloon and Belgian regional development priorities, and operationally as the first CO2 neutral certified investment company (verified by CO2logic), with a proprietary CO2 measurement and monitoring offering extended to portfolio companies. Its GTM motion is enterprise field sales via direct outreach and website-sourced deal flow, supported by LinkedIn presence and published testimonials from portfolio entrepreneurs across medtech (AXINESIS, TELEMIS), clinical data (CLUEPOINTS), IoT energy harvesting (e-Peas), enterprise IT (IDEALIS), climate tech (CLIMATECH), and SME real estate (BVI.BE).

Revenue is generated from equity returns on exits, interest and conversion economics on debt instruments, and leasing income on real estate arrangements; no headline revenue or AUM figure is disclosed. The firm operates a single office in Louvain-la-Neuve, employs 11-50 staff, and extends its distribution via a channel partnership with mozzeno for the 'Invest-BW Direct' product. Ownership appears independent and institutionally anchored at the regional level, with Nivelinvest referenced as the parent entity and Nivellease as a related leasing arm.

Name

Nivelinvest

Legal name

Invest.BW

Website

https://nivelinvest.be

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Nivelinvest, operating as Invest.BW, is a Belgium-based regional venture capital firm in Louvain-la-Neuve that provides equity, subordinated and convertible loans, real estate leasing, and the B2Start IC early-stage vehicle to startups, scale-ups, and SMEs in Walloon Brabant.

Ownership category

akta.pro rank

Product category

Venture Capital and Risk Capital Financing

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Business Services (B2B) Growth Equity (FSANACAD)

akta.pro secondary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

Keywords

• Venture capital financing
• Risk capital partner
• Equity investment
• Growth financing
• Real estate leasing

Headquarters

HQ city

Louvain-la-neuve

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Equity Investment Returns: Invest.BW invests equity capital in portfolio companies and seeks equitable returns commensurate with risk taken over a 5-10 year investment horizon. Returns are realized through capital appreciation and exit events.
2. Debt Instruments: Provides subordinated loans and convertible loans to entrepreneurs, generating interest income and potential conversion gains.
3. Real Estate Leasing: Offers specialized real estate leasing solutions for entrepreneurs needing physical space for their operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Nivelinvest, operating as Invest.BW, is a regional venture capital and risk capital partner for entrepreneurs in Walloon Brabant, Belgium. It finances companies across four stages (start-up, scale-up, growth/transmission, and real estate) via equity investments (up to €2,500,000), subordinated loans, convertible loans, and real estate leasing, structured as 5-10 year risk-sharing arrangements aligned with regional economic development priorities.

Product overview

Invest.BW (also referred to as Nivelinvest) is a risk capital partner and investment company serving entrepreneurs in Brabant wallon, Belgium. The company operates as a diversified financial services platform offering five core investment products: Capital/Equity investment for startups and scale-ups, Subordinated Loans, Convertible Loans, Real Estate Leasing, and B2Start IC. These solutions are designed to support entrepreneurs through various stages—from early prototype and innovation phases through established business growth and company transmission—with maximum investments of €2,500,000 over 5-10 year horizons, always structured as risk-sharing arrangements.

Differentiator

Problem solved

Functional benefit

Products and services

• Capital / Equity Investment Equity investment product financing startups, scale-ups, and companies undergoing growth or business transmission in Walloon Brabant, structured as a 5-10 year risk-sharing arrangement with a maximum €2.5 million per deal.
• Subordinated Loan (Prêt subordonné) Subordinated debt financing offered to entrepreneurs in Walloon Brabant as part of the firm's risk-sharing capital solutions, sitting below senior debt in the capital stack.
• Convertible Loan (Prêt convertible) Convertible debt instrument that can be converted into equity, providing flexible financing for entrepreneurial projects in Walloon Brabant.
• Real Estate Leasing (Leasing immobilier) Alternative real estate financing solution for businesses, enabling companies to fund property acquisitions or facilities through leasing arrangements.
• B2Start IC Investment solution targeting early-stage companies and entrepreneurs in Brabant Wallon seeking risk capital.
• Invest-BW Direct (with mozzeno) Collaborative investment product partnering with mozzeno to offer alternative financing solutions for Brabant Wallon entrepreneurs via mozzeno's crowdfunding platform.

Quantifiable outcome

• First investment company certified CO2 Neutral by CO2logic

Named customers7 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• mozzenocoreChannel Partner/ Reseller/ DistributorMozzeno is referenced as a partner for 'Invest-BW Direct' product, suggesting a collaborative investment product or funding mechanism. The partnership enables alternative financing solutions for Brabant Wallon entrepreneurs through mozzeno's platform.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• W.IN.G (Wallonia Investment Group): Walloon regional investment holding that consolidates several regional investment vehicles to support Walloon SMEs. Comparable in geography (Wallonia) and in combining equity and debt instruments, though operating at a holding/aggregator level above Invest.BW.
• Sambrinvest: Regional investment company based in Charleroi (Hainaut), Belgium, providing equity, subordinated loans, and convertible loans to local SMEs and startups — directly comparable to Invest.BW/Nivelinvest as one of Belgium's regional VC/growth-equity vehicles.
• SOFINEX: Namur-based Belgian regional investment company providing equity and quasi-equity financing to Walloon SMEs and startups. Directly comparable regional peer with similar ticket sizes and risk-capital instruments.
• Noshaq: Liège-based regional investment company (formerly Meusinvest) that finances startups, scale-ups, and growth-stage companies via equity, loans, and convertible instruments. Closely comparable in mandate, instrument mix, and Belgian regional VC positioning to Invest.BW.
• IMBC (Groupe SRIB): Brussels-based regional investment company providing equity, loans, and convertible financing to startups, scale-ups, and growth/transmission SMEs. Closely comparable in product mix (equity + debt + leasing) and Belgian regional VC positioning.

Broad incumbents

• PMV: Flemish regional investment company with substantially larger AUM and a broader mandate across venture, growth, and infrastructure. Comparable as a Belgian regional investment vehicle but operates at greater scale and in Flanders rather than Wallonia.

Emerging players

• BeAngels: Belgian angel investment network connecting private investors with early-stage Belgian startups. Comparable in Belgian early-stage deal flow and regional focus but operates at smaller ticket sizes and earlier stages than Invest.BW.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInbe.linkedin.com/company/investbw

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nivelinvest