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The Venture Codex

Inventures

Place Sainte-Gudule 5, Brussels, Brussels Hoofdstedelijk Gewest, 1000, Belgium

Overview

Inventures is a European venture capital fund that builds a better world through a portfolio of investments in sustainable businesses. The firm has two funds: Inventures I & Inventures II. Inventures was created to support early stage smart and innovative European businesses, to support sustainable job growth and empower entrepreneurs. Inventures empowers citizenship co-investments through a crowdfunding platform, MyMicroInvest.

Total investments
23
Lead investments
4
Investments · 12mo
0
Active investors
4

Sector focus

  • Business Development
  • Crowdfunding
  • Finance
  • Financial Services
  • Impact Investing
  • Venture Capital
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Investment portfolio

  • Livespace

    Led · Equity · Mar 2024

    Livespace offers a cloud-based B2B process-focused CRM platform providing task and sales automation for professionals. The company focuses on helping sales departments organize and optimize the sales process and serves over 1,000 companies. Livespace was founded in 2013 by Marcin Stanczak, Michal Skurowski, and Michal Szkodzinski. In March 2024 the company secured approximately €2.3M (PLN 10 million) in funding to support further product development, infrastructure scaling, and international expansion. The investment came from INventures and ARIA Fund; INventures is a Poznań-based private equity firm founded in 2016 and ARIA is an independent PE/VC fund manager focused on early-growth, post-product high-tech scale-ups. The funding is intended to accelerate product development, scale infrastructure, and underpin Livespace's international growth plans.

  • edrone

    Led · Equity · Feb 2024

    Founded in 2016 and based in Krakow, Poland, edrone builds an autonomous e-commerce customer-relationship management platform that combines marketing automation and voice commerce. Its platform collects, processes, and triggers customer data to understand behavior and engage shoppers. The system is used by nearly 2,000 online stores, primarily in Poland and Brazil. edrone says it doubled its revenue in Brazil in 2023. The company plans to use new funding to expand operations in Brazil, improve business processes in Poland, and invest in product development to better leverage AI-supported marketing automation. In February 2024 edrone raised €4.6M to support these initiatives.

  • Velco

    Participated · Equity · Dec 2023

    Velco builds integrated hardware and software connectivity solutions (hardware + SaaS) for e-bike manufacturers and fleet managers. The Nantes-based company supplies IoT devices, web and mobile apps, and APIs that let brands create their own digital ecosystems. Velco has passed 50,000 bikes equipped and reported >50% growth in 2023 while expanding from France into Europe and North America, signing its first three U.S. brand customers (FUELL, Quietkat and Vvolt). The company plans product and service innovation, including unveiling a new IoT product at Eurobike and improving its web/mobile ergonomics and feature set. Velco aims to reach profitability within the next few quarters and is focusing commercial deployment to accelerate that objective. Velco builds connected hardware and software solutions for two-wheeled vehicles (e-scooters, bikes, motorcycles) to help brands, manufacturers and transport operators optimize fleet management, detect accidents, track location and improve safety. Its platform generates high value-added data for communities and fleet managers and is already used by major urban mobility players in France. The company is targeting the European urban mobility market with an ambition to become the European market leader by 2024. Since March 2020 Velco has been supported by the EIT Digital Accelerator, which helped launch and coordinate its fundraising process. The recent financing will be used to accelerate market expansion, deploy Velco’s connected solution across France and Europe, and boost further product development. Velco has begun international roll-out efforts including opening a sales unit in the Netherlands and setting up operations in Germany, with planned expansion in 2022 to the UK, Switzerland, Austria and other Northern European countries.

  • Oscer

    Participated · Seed · Aug 2021

    Oscer provides an online platform that lets medical students practice clinical reasoning using AI-powered virtual patients. The product focuses on improving how students learn diagnostic and clinical decision-making skills. Oscer says every student interaction helps build its medical knowledge graph, which the company positions as a cumulative learning asset. The startup targets gaps in primary care and resource-constrained settings, including rural hospitals. Oscer raised external funding in support of its growth and product development, demonstrating early investor interest in its approach. No operating metrics or revenues were disclosed in the articles.

  • OwnHome

    Participated · Equity · Jul 2021

    OwnHome provides an alternative path to homeownership for first-home buyers by letting approved renters move into a home without a deposit, pay an upfront fee, and make monthly payments that accrue as a deposit. After a 3–7 year period customers have the option to buy the home at a pre-agreed price using the accrued deposit. The startup targets first-home buyers who can afford regular monthly payments but struggle to save a traditional deposit, and its model is estimated to suit up to 10% of first-home buyers (around 14,000 customers annually). OwnHome says it has cut the typical nine-month homebuying search process by 85% and currently has a waitlist above 3,500 applications. Over the past 12 months it launched in two states, expanded into Queensland, developed a network of capital partners, and grew its team and customer base. The new funding will be used to build the customer platform and expand OwnHome’s property portfolio. OwnHome is an Australian proptech offering a rent-to-own scheme in which OwnHome buys a property on behalf of a customer who moves in immediately. Customers, typically high-credit individuals without a deposit, make monthly payments equivalent to traditional rent while building purchase credits and benefiting from capital gains. The model allows customers to buy the property from OwnHome at a pre-agreed price within three to seven years. OwnHome says demand has been strong and that a growing number of aspiring homeowners are already on its waitlist. The company was co-founded by Tim Harley and James Bowe; Harley led Wise's expansion into the Middle East and the founders designed the model to address soaring property prices for their generation. OwnHome is available in Sydney and plans to expand services to other Australian capital cities.

Team

  • Olivier de Duve

    Managing Partner & Head of Investment Services

    LinkedIn
  • Laurent Jouret

    Partner & Head of Corporate Services

    LinkedIn
  • Ines Mertens

    Principal, Sourcing & Communication Manager

    LinkedIn
  • Bruno de Radzitzky

    Fund Manager and senior investment manager

    LinkedIn