WING by Digital Wallonia logo

WING by Digital Wallonia

Europe, Liege, Belgium, Liège

Description

W.IN.G (Wallonia Innovation and Growth) by Digital Wallonia is a prominent investment fund based in Liège, Belgium, specifically established by the Walloon Region to foster the growth of innovative startups. Since its inception in 2014, W.IN.G has positioned itself as a crucial financial partner for emerging companies, particularly those operating within high-tech sectors. The fund's strategic focus encompasses a diverse range of cutting-edge technologies, including Software as a Service (SaaS), Medtech, Engineering Tech, Advanced Tech, and Deep Tech, reflecting the region's commitment to nurturing a vibrant innovation ecosystem.

The fund primarily targets seed and early-stage companies, providing essential capital to help them scale their operations and develop their groundbreaking solutions. W.IN.G typically deploys initial cheques ranging from €50,000 to €500,000, which translates to approximately $54,000 to $540,000 USD, making it accessible for nascent ventures. Beyond direct investment, W.IN.G also plays a significant role in facilitating larger funding rounds by co-investing with private partners, demonstrating its capacity to support startups through various growth phases and attract additional capital to the Walloon region.

With a substantial fund size of €50 million, equivalent to about $54 million USD, W.IN.G has made a considerable impact on the regional startup landscape. Its commitment to fostering innovation is evident in its impressive track record, having invested in more than 200 startups since its establishment. This extensive portfolio underscores W.IN.G's dedication to empowering entrepreneurs and driving technological advancement within Wallonia, solidifying its reputation as a key player in the European venture capital scene for early-stage tech companies.

Investor Profile

WING by Digital Wallonia has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 11 rounds, about 31% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Convertible Note, Series A rounds (top funding stages).
  • Majority of deals are located in Belgium.
  • Strong thematic focus on Software, Health Care, SaaS.
  • Typical check size: $54K – $540K.

Stage Focus

  • Seed (36%)
  • Convertible Note (22%)
  • Series A (17%)
  • Series Unknown (8%)
  • Pre Seed (6%)
  • Grant (6%)
  • Series B (3%)
  • Angel (3%)

Country Focus

  • Belgium (100%)

Industry Focus

  • Software
  • Health Care
  • Saas
  • Internet
  • Information Technology
  • Information Services
  • Medical Device
  • Biotechnology
  • Medical
  • Pharmaceutical
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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 WING by Digital Wallonia frequently co-invest with?

KBC Focus Fund
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 1
IB
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Meusinvest (Noshaq)
Europe, Liege, Belgium, Liège
Co-Investments: 6
Vives Louvain Technology Fund
Europe, Vlaams-Brabant, Belgium, Louvain-la-neuve
Co-Investments: 1
Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 1
LeanSquare
Europe, Liege, Belgium, Liège
Co-Investments: 3
N
Europe, Vlaams-Brabant, Belgium, Louvain-la-neuve
Co-Investments: 1
European Innovation Council
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 1
Airbus Ventures
North America, California, United States, Menlo Park
Co-Investments: 1
Be Angels
Europe, Vlaams-Brabant, Belgium, Louvain-la-neuve
Co-Investments: 5

Which angels does WING by Digital Wallonia often collaborate with?

TS
North America, California, United States, Alamo
Shared Deals: 1
TE
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
ER
Europe, Ile-de-France, France, Paris
Shared Deals: 1
GL
North America, California, United States, San Francisco
Shared Deals: 1
PR
Europe, Liege, Belgium, Ougrée
Shared Deals: 2

What are some of recent deals done by WING by Digital Wallonia?

IONNYK

La Hulpe, Brabant Wallon, Belgium

IONNYK is the first art photography platform that elevates the art experience while allowing for imagination and originality.

Photography
Series UnknownJun 13, 2023
Amount Raised: $1,618,446
MYOCENE

Liège, Liege, Belgium

Myocene is a Liège-based sports technology company which creates unique and innovative devices for measuring muscle fatigue and performance.

Medical DeviceSports
Convertible NoteMar 15, 2023
Amount Raised: $554,560
MYOCENE

Liège, Liege, Belgium

Myocene is a Liège-based sports technology company which creates unique and innovative devices for measuring muscle fatigue and performance.

Medical DeviceSports
SeedMar 15, 2023
Amount Raised: $555,543
Soil Capital Belgium

Perwez, Namur, Belgium

Soil Capital supports farmers with transitioning from industrial to regenerative organic farming.

AgricultureAgTechFarming
Series AFeb 22, 2023
Amount Raised: $5,302,699
Logion

Liège, Liege, Belgium

Logion is a pioneering blockchain that transforms Digital Assets into legal-grade evidence through its unique "Proof of Law" concept.

BlockchainInformation ServicesInformation TechnologyNon-Fungible Token (NFT)Web3
SeedMay 1, 2022
Verbolia

Enghien, Hainaut, Belgium

Verbolia is a unique SEO as a service solution

AdvertisingInternetMarketingSoftware
Convertible NoteMar 10, 2022
Amount Raised: $440,534
IONNYK

La Hulpe, Brabant Wallon, Belgium

IONNYK is the first art photography platform that elevates the art experience while allowing for imagination and originality.

Photography
Series AJan 27, 2022
Amount Raised: $1,114,564
VOCSense

Mont-saint-guibert, Brabant Wallon, Belgium

VOCSens spin-off is developing a new concept of an environmental camera.

BiotechnologyLife ScienceTherapeutics
SeedSep 24, 2021
Amount Raised: $2,930,138
Vertuoza

Nivelles, Brabant Wallon, Belgium

SaaS, Construction software

ConstructionSaaSSoftware
SeedJul 7, 2021
Amount Raised: $1,415,174
Gabi SmartCare

Mont-saint-guibert, Brabant Wallon, Belgium

Gabi SmartCare improves children's lives thanks to outpatient predictive monitoring tool

Health CareMedical DevicePredictive Analytics
Series AApr 7, 2021
Amount Raised: $3,561,676