Sofina
Rue de l'Industrie 31, Bruxelles, Brussels Capital, 1040, Belgium
Overview
Sofina is an investment company that provides minority investments, private funds, guidance, market knowledge, networking, and investment services. They invests both directly and through Private Equity funds. They provide patient capital and advice to growing companies led by entrepreneurs and families and to support them as a long-term partner with other investors.
- Total investments
- 72
- Lead investments
- 30
- Investments · 12mo
- 14
- Active investors
- 12
Sector focus
- Finance
- Financial Services
- FinTech
Investment portfolio
- Eye Security
Led · Series C · Jul 2026
Eye Security operates the Cyber Guard platform, which pairs round-the-clock human-led threat response with AI-driven detection and integrates with common EDR, cloud security and infrastructure tools. The company emphasises EU-based operations and data storage to address GDPR and NIS2 compliance concerns and to provide a sovereign European alternative to non-European infrastructure. It combines managed detection and response, incident response and threat intelligence with in-house cyber insurance underwriting and an open, partner-first architecture for managed service providers and resellers. Founded in 2020 and headquartered in The Hague, Eye Security has built a customer base of more than a thousand organisations across the BENELUX and DACH regions. The firm plans to use new funding to expand into additional European markets, broaden its product suite via strategic partnerships, develop AI capabilities to assist analysts, and hire across engineering, threat intelligence and customer-facing teams. Eye Security positions its approach as enterprise-grade cybersecurity accessible to growing companies and larger organisations without the typical cost or complexity of building such capabilities internally.
- CRED
Participated · Series H · Jul 2026
CRED operates a member-only fintech platform that helps creditworthy Indians manage credit cards, make payments, monitor scores and access curated rewards, shopping, travel and premium experiences. The company reports 1.7 crore (17 million) monthly members, processes over 40% of credit card bill payments in India, and has grown lending-related managed AUM to ~₹24,000 crore for partner financial institutions. CRED disclosed approximately ₹3,200 crore in revenue and said it is profitable, and it holds a full stack of licences. Management describes the business as having created a new category since its 2018 founding and is positioning for institutional strengthening and an eventual public listing. Recent leadership changes include founder Kunal Shah stepping back from the CEO role to join Meta’s global leadership team and Miten Sampat being named interim CEO.
- FirstClub
Led · Series B · Jun 2026
Founded in 2024 and headquartered in Bengaluru, FirstClub operates a curated online grocery platform carrying about 4,000 SKUs and emphasizes quality checks on fresh produce and lab-testing of certain staples. The startup has crossed 1 million orders and acquired roughly 170,000 households within a year of launch, operating at an annualized gross market value of about $50 million. Customers place more than four orders per month on average and spend roughly ₹1,200 (about $13) per order. FirstClub operates 21 stores in Bengaluru and recently launched three locations in Hyderabad, and employs about 220 people. The company is focused on expanding geographically and into additional categories including home and kitchen products, gifting, and other household essentials.
- Primer
Led · Series C · May 2026
Founded in 2020 by former leaders of Braintree and PayPal, Primer offers a single platform that spans a merchant’s entire payments lifecycle from checkout to payout. The platform captures over 400 data points per transaction and manages more than 95% of customer payment volume on average, processing billions of transactions annually for customers including GetYourGuide, Dialpad, and Printful. Primer says that completeness of data enables AI-driven decisioning and has released a proprietary AI agent, Primer Companion (released in 2025), which is being expanded from an insights tool to one that can run experiments, optimize performance, and operate autonomously within merchant-defined parameters. The company reports that the U.S. represents around a fifth of revenue with ARR doubling year-on-year and plans to grow U.S. revenue to more than a third of total revenue by 2028, supported by planned hires. Primer has raised a total of $170 million from investors including Sofina, Peak XV Partners, ICONIQ, Tencent, Accel, Balderton, and Speedinvest.
- Hypershell
Participated · Series B · May 2026
Founded in 2021, Hypershell develops consumer-grade mechanical exoskeletons combining lightweight materials, patented architecture, and AI-driven motion algorithms. The company launched its first product via Kickstarter in 2023, raising $1.23 million, and has since shipped tens of thousands of units across more than 70 countries. Its product family includes the X series—featuring the single-motor-driven Omega architecture, the AI MotionEngine™ and HyperIntuition™ algorithms—achieving product weights around 1.8 kg, motor peak power up to 800W, and typical battery ranges of 15–17.5 km; the X Ultra is priced around 10,000 yuan. Hypershell’s X Carbon and X Ultra have won CES and IFA innovation awards, and the company has secured third-party certifications from SGS and TÜV Rheinland. The company maintains a team of nearly 200 people with over 70% in R&D and holds hundreds of core technologies and patents, supporting its mass-production and global sales footprint.