Finindus

Finindus is a unique venture capital fund based in Zelzate, Belgium, operating as a joint venture between the global steel and mining giant ArcelorMittal and ParticipatieMaatschappij Vlaanderen (PMV), the Flemish investment company. Established with a strategic mandate, Finindus focuses on providing early-stage financing and growth capital to innovative companies. Their core mission revolves around fostering advancements in materials, material processing, sustainable manufacturing, and Industry 4.0 technologies, aiming to support ventures that hold strategic relevance to the broader industrial landscape, particularly within ArcelorMittal’s ecosystem.

The fund primarily targets companies developing disruptive technologies and solutions that can enhance efficiency, sustainability, and competitive advantage in heavy industries. This includes innovations in new materials, advanced production processes, recycling technologies, and digital solutions for manufacturing. Finindus acts not just as a financial investor but also as a strategic partner, leveraging the extensive industrial expertise and global network of ArcelorMittal to provide significant value beyond capital. They often co-invest with other financial and strategic partners, demonstrating a collaborative approach to funding high-potential ventures.

Since its inception in 2005, Finindus has built a robust portfolio, having invested in more than 30 companies across various stages of development. Their commitment to fostering innovation is underscored by a total investment value exceeding €100 million, demonstrating substantial financial backing for the European industrial technology sector. The typical first cheque sizes provided by Finindus range from €0.5 million for early-stage ventures to €10 million for more mature growth-stage companies, reflecting their flexibility in supporting a diverse range of investment opportunities within their specialized domains. This strategic and financial backing positions Finindus as a key player in driving technological advancements in materials and industrial processes.