The Venture Codex Logo

The Venture Codex

N.V. Bekaert

Bekaertstraat 2, Zwevegem, West-Vlaanderen, 8550, Belgium

Overview

Bekaert is an international player with its headquarters in Belgium. Their business is built on two core competences: advanced metal transformation and advanced materials and coatings. This unique combination of competences is Bekaert’s strength. Their basic raw material is wire rod, steel wire about the thickness of a finger, which they convert by mechanical deformation and heat treatment into wires that can be as fine as 1/50th the thickness of a human hair. These wires are then turned into cable and cord, woven or knitted into cloth or processed into ultra-fine filters and fibers, for a wide range of industrial applications in virtually all sectors of the economy. They also develop coating technologies for their steel wires and fibers, adding even more value for the customer. As a business-to-business supplier, they take account both of their industrial customers’ technological requirements and of their end-users’ wishes. Bekaert invests heavily in growth regions, such as China, India, Russia and Latin America, while working to strengthen its position in its traditional markets of Western Europe and North America. Bekaert aspires to both market and technological leadership. These are the forces driving their pursuit of Bekaert’s strategic objective: sustainable and profitable growth.

Total investments
3
Lead investments
0
Investments · 12mo
0
Active investors
4

Sector focus

  • Advanced Materials
  • B2B
  • Industrial Manufacturing
  • Manufacturing
Visit website

Investment portfolio

  • Ionomr

    Participated · Series A · Dec 2023

    Ionomr Innovations develops and manufactures foundational ion-exchange membranes and polymers—Aemion® and Pemion®—for hydrogen and clean‑energy applications. The company’s technologies target hydrogen production via electrolysis, fuel-cell efficiency, and carbon capture, use and conversion. Ionomr leverages technology developed at Simon Fraser University and is led by CEO Bill Haberlin. The company was founded in 2018 and operates from Vancouver, Canada and Rochester, USA. It employs 51 professionals. Ionomr says its materials provide cost, performance and sustainability advantages and plans to use new funding to further scale its membranes and polymers to accelerate the hydrogen economy. Ionomr is a technology company recognized as a World Economic Forum Top 100 Technology Pioneer. The company has raised a $15M Series A funding round. The Series A was led by Shell Ventures and Finindus. The funding was reported by Vancouver Tech Journal. The article is behind a premium subscription that requires payment to read additional details.

  • iosil Energy

    Participated · Equity · Mar 2010

    Iosil Energy Corporation is a producer of high-purity solar-grade polysilicon for the photovoltaic industry. The company is Albuquerque, New Mexico-based with R&D facilities located in the National Institute for Nanotechnology in Edmonton, Alberta. Founded in 2007, Iosil is preparing to move from R&D toward pilot manufacturing. It has secured the first close of a $13.5M equity financing round to advance those plans. The initial tranche will be used to specify and engineer a pilot plant facility in one of several locations under consideration. The full investment is intended to build out a pilot manufacturing plant and prepare the company for commercial introduction.

  • Cymbet

    Participated · Equity · Jan 2010

    Cymbet Corporation develops EnerChip, an eco-friendly, rechargeable solid-state energy device that supplies distributed power for embedded systems. EnerChip targets integrated circuits and enables new product concepts across medical devices, sensors, RFID tags, industrial control, communications and portable electronics. The company is based in Elk River, MN and has been responding to rising customer demand for its product. Cymbet completed the final phase of its third round of private equity financing, raising $31M. Proceeds from the financing will be used to expand global sales and marketing initiatives and to add manufacturing capacity for EnerChip.

Team

  • Yves Kerstens

    Chief Executive Officer

    LinkedIn
  • Oswald Schmid

    CEO / Member of Board of Directors

    LinkedIn
  • Dennis Galletti

    Vice President HR Services

    LinkedIn
  • Inge Schildermans

    SVP Energy Transition

    LinkedIn