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The Venture Codex

Fost

Olympiadenlaan 2, Brussels, Belgium

Overview

Fost provides tech-driven asset-based lending and credit solutions, specializing in financing innovative, fast-growing technology companies through flexible and tailored financial strategies.

Total investments
2
Lead investments
0
Investments · 12mo
1
Active investors
2
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Investment portfolio

  • Aria

    Participated · Debt Financing · Jul 2026

    Aria offers an embedded invoice financing platform that buys suppliers’ invoices and embeds financing via a single API into marketplaces, ERP systems, and vertical SaaS, enabling suppliers to be paid immediately while buyers retain usual payment terms. The platform handles identity checks, credit assessments, collections, insurance and payments, and adapts to local rules, currencies and payment methods across Europe. Since launching in 2020 it has financed over €1.5 billion in invoices and reports a default rate below 0.1%. Aria financed 1.7 million invoice advances in 2025 and over 1.1 million more so far in 2026, and currently powers more than 70 European B2B marketplaces and freelance platforms, including Malt and Job&Talent. The company plans to expand its presence in sectors with acute late-payment problems such as transportation, manufacturing and construction. Its positioning emphasizes embedding infrastructure (one API, no redirects or separate signups) to increase predictability of cash flow for SMB suppliers.

  • Mimo

    Participated · Equity · Apr 2024

    Mimo provides a platform designed to streamline business payments and improve cash-flow management for SMEs, accountants, and bookkeepers. The service automates accounts payable and receivable and integrates with accounting software such as Xero and QuickBooks. Mimo offers built-in access to working capital with pre-approved credit lines and automates bookkeeping tasks like reconciliation. The company has arranged an embedded funding partnership with Froda to provide UK-based SMBs with credit options and plans to scale this across Europe. The team emphasizes product iteration to help customers save time and money, per CEO Henrik Grim, and Project A partner Malin Posern has joined the board. The platform operates in a regulatory environment that requires strict data protection (including GDPR) and strong security for financial transactions. Mimo is a platform that simplifies global payments, cash flow, and financial management for SMBs and finance professionals. Its tools enable businesses and accountants to pay suppliers, access working capital, and get paid by customers in any currency. The company already works with 50+ SMBs and finance professionals and processes several million GBP every month via its early access offering. Mimo operates from London and Stockholm and employs 14 people of five nationalities. The startup plans to use the new funds to build out its B2B payments solution for SMBs and expand its headcount. Founded in 2023, the company is led by CEO Henrik Grim, CPO Alexander Gernandt Segerby, and CTO Andreas Meisingseth.

Team