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Korys

Europe, Vlaams-Brabant, Belgium, Halle

Description

Korys is the investment company of the Colruyt family, a prominent Belgian entrepreneurial family known for the Colruyt Group retail chain. Based in Halle, Belgium, Korys manages a multi-billion euro asset base, reflecting its substantial financial backing and long-term investment horizon. The firm distinguishes itself through a strong commitment to sustainable investments, integrating environmental, social, and governance (ESG) considerations across all its activities and seeking to generate both financial returns and positive societal impact.

Korys operates across multiple asset classes, including private equity, venture capital, and real estate. Within its venture capital arm, the firm targets innovative companies that demonstrate a clear sustainable impact, aligning with its three core investment pillars: Conscious Consumer, Future Planet, and Dynamic Society. This strategic focus enables Korys to support businesses that are not only financially promising but also contribute positively to society and the environment, often seeking to address global challenges through their investments.

For its venture capital investments, Korys typically provides initial funding tickets ranging from €1 million to €5 million. However, for later-stage rounds and companies demonstrating significant growth potential, their investment can extend up to €10 million. This flexibility allows Korys to engage with a diverse range of early to later-stage ventures, providing the necessary capital for scaling and market expansion while maintaining a patient capital approach.

Beyond capital, Korys leverages its deep industry knowledge and the extensive network of the Colruyt family to support its portfolio companies. This includes providing operational expertise, market access, and strategic advice, which is particularly valuable for SMEs navigating growth challenges. Their long-term investment philosophy, coupled with a strong emphasis on sustainability, positions Korys as a distinctive and impactful investor, primarily in the European venture landscape.

Investor Profile

Korys has backed more than 44 startups, with 6 new investments in the last 12 months alone. The firm has led 20 rounds, about 45% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Belgium, The Netherlands, Germany.
  • Strong thematic focus on Biotechnology, Renewable Energy, Information Technology.
  • Led 4 rounds in the past year.
  • Typical check size: $1.1M – $10.8M.

Stage Focus

  • Series B (32%)
  • Series Unknown (25%)
  • Series A (20%)
  • Series C (9%)
  • Seed (5%)
  • Series D (2%)
  • Undisclosed (2%)
  • Private Equity (2%)
  • Post Ipo Equity (2%)

Country Focus

  • Belgium (36%)
  • The Netherlands (18%)
  • Germany (11%)
  • Denmark (9%)
  • United Kingdom (5%)
  • United States (5%)
  • Portugal (5%)
  • India (5%)
  • Switzerland (2%)
  • Sweden (2%)

Industry Focus

  • Biotechnology
  • Renewable Energy
  • Information Technology
  • Software
  • Energy
  • Health Care
  • Energy Efficiency
  • Agriculture
  • Medical
  • Clean Energy
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Korys frequently co-invest with?

BNP Paribas Fortis
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 3
European Circular Bioeconomy Fund
Europe, Nordrhein-Westfalen, Germany, Bonn
Co-Investments: 3
Beringea
North America, Michigan, United States, Farmington Hills
Co-Investments: 2
KU Leuven
Europe, Vlaams-Brabant, Belgium, Leuven
Co-Investments: 2
SET Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
Innovation Industries
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
FORWARD.one
Europe, Noord-Holland, The Netherlands, Amstelveen
Co-Investments: 3
Bayern Kapital
Europe, Bayern, Germany, Landshut
Co-Investments: 4
PMV
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 5
EIT InnoEnergy
Europe, Noord-Brabant, The Netherlands, Eindhoven
Co-Investments: 4

Which angels does Korys often collaborate with?

Shared Deals: 1
MW
Europe, Rheinland-Pfalz, Germany, Mainz
Shared Deals: 1
Shared Deals: 1
BM
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Shared Deals: 1
CW
Europe, Vlaams-Brabant, Belgium, Leuven
Shared Deals: 1
LV
Europe, Oost-Vlaanderen, Belgium, Ghent
Shared Deals: 1
FB
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Korys?

OroraTech

Munich, Bayern, Germany

OroraTech is an intelligence-as-a-service company that uses thermal data to provide wildfire detection and monitoring solutions.

Business IntelligenceEnvironmental EngineeringForestryGeospatialGreenTechInformation ServicesPredictive AnalyticsSustainability
Series BMay 14, 2025
Amount Raised: $41,368,654
Commit Biologics

Aarhus, Midtjylland, Denmark

Commit Biologics is a biotechnology research company developing a novel immunotherapy platform for the treatment of cancer.

BiotechnologyLife ScienceMedicalTherapeutics
SeedJan 28, 2025
Amount Raised: $5,737,378
Sahyadri Farms

Nasik, Maharashtra, India

Sahyadri Farms is a farmer producer and agricultural company.

AgricultureFarmingFood Processing
Series BDec 20, 2024
Amount Raised: $45,911,385
OroraTech

Munich, Bayern, Germany

OroraTech is an intelligence-as-a-service company that uses thermal data to provide wildfire detection and monitoring solutions.

Business IntelligenceEnvironmental EngineeringForestryGeospatialGreenTechInformation ServicesPredictive AnalyticsSustainability
Series BOct 15, 2024
Amount Raised: $27,208,486
PanTera

Mol, Antwerpen, Belgium

PanTera produces actinium-225 for personalized cancer treatment and radiopharmaceuticals.

Health CareManufacturingPharmaceutical
Series ASep 11, 2024
Amount Raised: $110,323,384
Greenely

Stockholm, Stockholms Lan, Sweden

Greenely provides an energy management platform for consumers to manage energy use and contribute to overall power system stability.

B2CCleanTechEnergyEnergy ManagementSoftwareSustainability
Series AJul 26, 2024
Amount Raised: $8,317,188
Eneida

Coimbra, Coimbra, Portugal

Eneida designs and develops smart sensors and artificial intelligence applications for resilient and agile low voltage grid.

Artificial Intelligence (AI)Clean EnergyEnergy EfficiencyPower GridWireless
Series BJul 5, 2024
Amount Raised: $11,367,339
Protealis

Gent, Oost-Vlaanderen, Belgium

Sustainable plant proteins for Europe​

AgricultureAgTechBiotechnology
Series BJan 23, 2024
Amount Raised: $23,886,612
Ampacimon

Angleur, Liege, Belgium

Ampacimon develops dynamic line rating systems for transmission and distribution systems operators.

Electrical DistributionIntelligent SystemsRenewable Energy
Series COct 16, 2023
Amount Raised: $10,554,157
Sensorfact

Utrecht, Utrecht, The Netherlands

Sensorfact offers smart energy savings in the manufacturing industry.

EnergyEnergy EfficiencyInformation Technology
Series BJul 19, 2023
Amount Raised: $28,012,491