
S.R.I.W.
Description
S.R.I.W. (Société Régionale d'Investissement de Wallonie) stands as the primary regional investment company for Wallonia, Belgium, playing a pivotal role in the economic development of the region. Established with the mission to support entrepreneurs and businesses, S.R.I.W. acts as a strategic financial partner, providing capital and expertise to foster the creation, growth, and transformation of companies. Its long-term vision is deeply rooted in strengthening the Walloon industrial fabric and promoting innovation across various sectors, thereby contributing significantly to regional prosperity and employment.
The investment strategy of S.R.I.W. is broad and adaptable, reflecting its mandate to support the diverse economic landscape of Wallonia. The firm invests across a wide spectrum of stages, from early-stage startups requiring seed capital to established enterprises seeking growth financing or undergoing restructuring. While sector-agnostic in principle, S.R.I.W. often prioritizes industries deemed strategic for the region, including life sciences, digital technologies, advanced manufacturing, logistics, and green initiatives. They frequently engage in co-investment alongside private equity funds, banks, and other financial institutions, leveraging their capital to attract further investment into Walloon companies.
S.R.I.W.'s financial commitments are substantial and tailored to the specific needs of each project. While initial equity investments can start from approximately €250,000 for early-stage ventures, the firm is capable of deploying several million euros for larger growth-stage companies or significant industrial projects. For instance, in 2022, S.R.I.W. invested a total of €164 million across 115 projects, underscoring its significant impact on the regional economy. This robust financial capacity allows S.R.I.W. to be a cornerstone investor, providing crucial capital that might otherwise be difficult for Walloon companies to secure. Their involvement extends beyond mere capital provision, often including strategic guidance and network access.
In essence, S.R.I.W. is more than just an investor; it is a key enabler of economic dynamism in Wallonia. By offering flexible financing solutions and acting as a committed, long-term partner, it helps drive innovation, create sustainable jobs, and enhance the competitiveness of the region's businesses on both national and international stages. Its consistent investment activity reinforces its position as an indispensable institution for the Walloon entrepreneurial ecosystem.
Investor Profile
S.R.I.W. has backed more than 60 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 8% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in Belgium, United States, France.
- Strong thematic focus on Health Care, Biotechnology, Medical.
- Typical check size: $270K – $8.1M.
Stage Focus
- Series B (32%)
- Series A (28%)
- Series Unknown (18%)
- Series C (7%)
- Seed (5%)
- Series D (3%)
- Undisclosed (2%)
- Series E (2%)
- Secondary Market (2%)
- Private Equity (2%)
Country Focus
- Belgium (83%)
- United States (8%)
- France (3%)
- The Netherlands (3%)
- Spain (2%)
Industry Focus
- Health Care
- Biotechnology
- Medical
- Pharmaceutical
- Therapeutics
- Medical Device
- Manufacturing
- Software
- Information Technology
- Health Diagnostics
Frequently Asked Questions
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