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Belgian VC and accelerator investing in creative industries and enterprise software
LeanSquare is a Belgian venture capital fund and startup accelerator with a dual focus on creative industries—especially music-tech—and enterprise software. Since its founding in 2014, LeanSquare has positioned itself as a catalyst for innovation, supporting startups that demonstrate market traction and a clear product-market fit. Its mission is to help mature startups transition into scale-ups by providing not only capital but also strategic mentorship, operational support, and access to a global network. LeanSquare’s investment philosophy centers on long-term partnerships, prioritizing trust and ecosystem growth over short-term returns. The fund specializes in Seed and Series A rounds, often co-investing with other funds to maximize impact.
LeanSquare’s influence extends beyond traditional tech, actively shaping Belgium’s creative economy through initiatives like Wallifornia MusicTech, which accelerates music-tech startups with intensive mentoring, networking, and pitch events. By bridging creative industries with enterprise software, LeanSquare has become a key player in Belgium’s startup ecosystem, fostering cross-sector innovation and helping startups navigate the complexities of scaling.
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LeanSquare was established in 2014 as part of the Noshaq group, a Belgian investment and innovation firm based in Liège. From the outset, LeanSquare’s founders aimed to create a fund that would go beyond capital—offering startups a holistic support system rooted in mentorship, networking, and ecosystem development. The fund’s early focus was on nurturing startups with a modern outlook on business, not limited to pure tech but also embracing creative and digital industries.
Over time, LeanSquare evolved to specialize in sectors where it could add unique value, notably entertainment, music-tech, and enterprise software. Its partnership with Wallifornia MusicTech marked a pivotal moment, solidifying its role in the creative industries. The fund’s expansion into global markets and its deepening network of international partners have further cemented its reputation as a forward-thinking, agile investor.
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LeanSquare is riding the wave of digital transformation in both enterprise software and creative industries. The rise of SaaS, AI, and digital content platforms has created fertile ground for startups that blend technology with creativity. LeanSquare’s focus on music-tech and enterprise software aligns with broader trends: the increasing demand for digital tools in creative workflows, the growth of remote and hybrid work environments, and the need for scalable, cloud-based solutions.
The timing is particularly advantageous as Belgium and Europe invest heavily in innovation hubs and digital infrastructure. LeanSquare’s ecosystem-driven model positions it to influence not just individual startups but entire sectors, fostering collaboration between creative and tech communities. By supporting startups that bridge these worlds, LeanSquare helps shape the future of digital entertainment and enterprise productivity.
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LeanSquare is poised to deepen its impact as the lines between creative industries and enterprise software continue to blur. The fund’s unique blend of sector expertise, hands-on support, and global network will be increasingly valuable as startups seek to scale in a competitive, fast-evolving landscape. Trends like AI-driven content creation, immersive experiences, and the democratization of digital tools will likely shape LeanSquare’s future investments.
As Belgium and Europe double down on innovation, LeanSquare’s role as a connector and catalyst will only grow. Its ability to nurture startups at the intersection of creativity and technology positions it as a key architect of the next generation of digital businesses. LeanSquare’s journey reflects a broader shift: the rise of hybrid ecosystems where art, technology, and enterprise converge to drive the new economy.
Key people at LeanSquare.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 29, 2025 | CityLegends | $2.0M Other Equity | — | Dutch Sport Tech Fund, GFR Fund, Leisure Fund, Andy Lürling, SportInnovator |
| Sep 2, 2025 | Model Health | $940K Pre-Seed | Koen Bosma | David Bombeke, Jeroen Dewit, Kristof De Smet, Leen Van Damme, Lieven Maesschalck, Marius Declerck, imec.istart, Syndicate One |
| Nov 23, 2023 | CityLegends | $1.1M Seed | — | Matthieu De Clercq, Dutch Sport Tech Fund, imec.istart, Bertrand Joiret, Andy Lürling |
| Sep 7, 2023 | Streamforge | $1.2M Seed | Triptyq Capital | Telegraph Hill Capital |
| Jun 13, 2023 | IONNYK | $1.6M Other Equity | — | Invest.BW, Bertrand Joiret, Gauthier van der Elst, Wallonie Entreprendre |
| Sep 29, 2022 | Zapfloor | $2.0M Series A | — | Christoph Neut, Stefan Grosjean, Deparco |
| Oct 3, 2019 | Zapfloor | $1.1M Other Equity | José Zurstrassen | Stefan Grosjean |
| Sep 16, 2019 | Studytracks | $1.1M Seed | Ben PIQUARD, Stephanie Hospital | — |