FNX Ventures
Avenue Maurice-Destenay 13, Liège, 4000, Belgium
Overview
Venture capital firm partnering at (pre)seed stage with entrepreneurs in Benelux, France, and Germany active in (cyber)security, protection tech, dual technologies, and new materials. FNX has been launched by FN Browning Group (a leading company in the defence sector) and Wallonie Entreprendre (a financial holding company and Venture Capital tech investor). At FNX, it's not just about financial investment. The fund is committed to empowering startups with a comprehensive support system. Leveraging FN Browning Group's deep technical know-how and cutting-edge technological expertise, it offers startups unparalleled access to markets, key customer insights, and the latest business trends.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 1
Sector focus
- Cyber Security
- Security
Investment portfolio
- Seaber
Participated · Equity · Oct 2025
Founded in 2020 in Lorient, Seaber designs and builds compact autonomous underwater vehicles (micro-AUVs) that can dive to 300 metres and operate for 8–10 hours while carrying interchangeable payloads such as cameras, sonars and scientific sensors. The 20-person company controls both hardware and software, enabling rapid deployment and high modularity. In less than three years, it has industrialised its first model and sold more than 100 units on every continent, serving oceanography, water-quality monitoring and defense customers. Management reports that revenue has been doubling annually and is aiming for €8 million of sales in 2025 and 100 drones sold per year globally by 2030. Growth is further supported by strategic partnerships, including a collaboration with U.S. water-management giant Xylem on the EcoMapper Nano. Fresh capital will fund accelerated international expansion and deeper penetration of scientific and defense markets.
Team
Thibaut Claes
General Manager
LinkedIn