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Gemma Frisius Fund

Europe, Vlaams-Brabant, Belgium, Leuven

Description

The Gemma Frisius Fund (GFF) is the dedicated venture capital fund of KU Leuven, a prominent university based in Leuven, Belgium. Established in 1997, GFF's core mission is to provide seed and early-stage capital to spin-off companies emerging directly from the research endeavors of KU Leuven and the University Hospitals Leuven. This strategic alignment allows the fund to play a pivotal role in translating cutting-edge academic research into viable commercial ventures, thereby fostering innovation and economic growth within the region.

The fund's investment focus spans a broad spectrum of high-tech sectors, including life sciences (biotech, medtech), information and communication technology (ICT), and engineering. GFF is an active investor, aiming to bridge the critical funding gap often faced by nascent companies with deep technological roots. Beyond capital, the fund also offers its portfolio companies access to KU Leuven's extensive network, expertise, and infrastructure, providing invaluable support during their formative stages.

Gemma Frisius Fund typically provides initial investments ranging from €50,000 to €500,000, which translates to approximately $54,000 to $540,000 based on recent exchange rates. The fund also demonstrates a commitment to its portfolio by participating in follow-on funding rounds, with potential investments reaching up to €2.5 million or more as companies scale. As of recent reports, GFF has successfully supported over 70 spin-off companies, showcasing its significant impact on the Belgian deep-tech ecosystem. With a total capital under management of approximately €20 million, the fund remains a consistent and vital source of early-stage funding for university-born ventures.

Investor Profile

Gemma Frisius Fund has backed more than 34 startups, with 2 new investments in the last 12 months alone. The firm has led 4 rounds, about 12% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Belgium, United Kingdom, France.
  • Strong thematic focus on Biotechnology, Health Care, Medical.
  • Typical check size: $54K – $540K.

Stage Focus

  • Seed (29%)
  • Series A (26%)
  • Series B (24%)
  • Series Unknown (18%)
  • Pre Seed (3%)

Country Focus

  • Belgium (94%)
  • United Kingdom (3%)
  • France (3%)

Industry Focus

  • Biotechnology
  • Health Care
  • Medical
  • Chemical
  • Therapeutics
  • Pharmaceutical
  • Manufacturing
  • Information Technology
  • Agriculture
  • Analytics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Gemma Frisius Fund frequently co-invest with?

AdBio partners
Europe, Ile-de-France, France, Paris
Co-Investments: 3
AI
Europe, Vlaams-Brabant, Belgium, Leuven
Co-Investments: 5
VIB
Europe, Oost-Vlaanderen, Belgium, Gent
Co-Investments: 9
Limburgse Reconversie Maatschappij
Europe, Limburg, Belgium, Hasselt
Co-Investments: 6
Innovation Fund
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 3
Vives Louvain Technology Fund
Europe, Vlaams-Brabant, Belgium, Louvain-la-neuve
Co-Investments: 3
KU Leuven
Europe, Vlaams-Brabant, Belgium, Leuven
Co-Investments: 5
V-Bio Ventures
Europe, Oost-Vlaanderen, Belgium, Gent
Co-Investments: 8
BF
Europe, Gelderland, The Netherlands, Gent
Co-Investments: 3
PMV
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 13

Which angels does Gemma Frisius Fund often collaborate with?

BM
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
AV
Europe, Antwerpen, Belgium, Antwerp
Shared Deals: 1
CW
Europe, Vlaams-Brabant, Belgium, Leuven
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Gemma Frisius Fund?

Augustine Therapeutics

Leuven, Vlaams-Brabant, Belgium

Augustine Therapeutics is discovering and developing innovative medicines for the treatment of neuromuscular and neurodegeneratives diseases

BiopharmaBiotechnologyPharmaceutical
Series AMar 24, 2025
Amount Raised: $84,139,626
Tavira Therapeutics

Teuven, Limburg, Belgium

Tavira Therapeutics develops an advanced platform that enhances AAV (adeno-associated virus) gene delivery.

BiotechnologyGeneticsTherapeutics
Pre SeedOct 1, 2024
Amount Raised: $1,106,446
Augustine Therapeutics

Leuven, Vlaams-Brabant, Belgium

Augustine Therapeutics is discovering and developing innovative medicines for the treatment of neuromuscular and neurodegeneratives diseases

BiopharmaBiotechnologyPharmaceutical
Series AJun 26, 2024
Amount Raised: $18,206,938
Protealis

Gent, Oost-Vlaanderen, Belgium

Sustainable plant proteins for Europe​

AgricultureAgTechBiotechnology
Series BJan 23, 2024
Amount Raised: $23,886,612
DName-iT

Belfast, Belfast, United Kingdom

DName-iT is a genetic analysis company that offers DNA-based barcode labelling technology and a software platform.

GeneticsMedicalProductivity Tools
SeedJun 30, 2023
Amount Raised: $634,014
Dualyx

Ghent, Oost-Vlaanderen, Belgium

Dualyx engages in the discovery and development of biologicals for the treatment of autoimmune and rare diseases.

BiotechnologyHealth CareMedical
Series AMay 15, 2023
Amount Raised: $43,494,004
Rewind Therapeutics

Antwerp, Antwerpen, Belgium

Rewind Therapeutics is a developer of novel therapeutics intended to facilitate the treatment for neurological diseases.

BiotechnologyTherapeutics
Series AJan 25, 2023
MyCellHub

Leuven, Vlaams-Brabant, Belgium

MyCellHub.com - Data management and process analytics for manufacturers of cell-based products.

AnalyticsData ManagementManufacturing
Series UnknownDec 15, 2022
Amount Raised: $2,127,750
AstriVax

Heverlee, Vlaams-Brabant, Belgium

AstriVax aims for initial clinical validation of the platform technology, to develop a broad vaccination pipeline.

Clinical TrialsMedical
SeedAug 25, 2022
Amount Raised: $29,912,416
Aphea.Bio

Zwijnaarde, Oost-Vlaanderen, Belgium

Aphea.Bio offers research and development in the areas of bioinsecticides and bioherbicides.

AgricultureBiotechnologyChemical
Series BApr 14, 2021
Amount Raised: $21,572,387