Venture capital firm
Sofina portfolio
sofinagroup.comSofina is a venture capital firm based in Brussels, Belgium, founded in 1898. It has invested in 45 venture-backed companies across 63 funding rounds on VCMC, and led 22 of those rounds. 11 of them were in the last 12 months.
45
Venture-backed companies
in its portfolio on VCMC
63
Funding rounds
led 22
11
Last 12 months
rounds, Oct 2025 to Sep 2026
22
With a disclosed valuation
of 45 companies
$194.0B
Combined value of its private companies
the whole companies, not what Sofina owns
41 private companies Sofina has backed have a VCMC valuation; together they are worth $194.0B. That is the value of the whole companies, not what Sofina owns. team.blue is 33% of the total. 4 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full Sofina portfolio (45 companies)
45 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Mistral AI Software Development Services · since Seed, 2023 | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 2 | Flipkart Online Marketplace · since Growth, 2014 | Growth Equity Jul 2021 $3.60B | $46.9B | $6.5B – $60.4B | $46.3B (-1%) | $5.6B | 0% | 96,913 | up | D | |
| 3 | team.blue Tech Companies · since Growth, 2024 | Growth Equity Jul 2024 $5.20B | $63.8B | $22.6B – $97.1B | $63.5B (0%) | $6.3B | 0% | 3,464 | up | C | |
| 4 | CRED Payment Processing & Point of Sale · since Series C, 2021 | Series H Jun 2026 $900M | $4.9B | $3.9B – $6.7B | $5.8B (+19%) | $739M | 0% | 2,252 | up | A | |
| 5 | DailyHunt Tech Companies · since Series H+, 2020 | Debt Feb 2024 $6.2M | $6.5B | $516M – $7.5B | $6.5B (0%) | $822M | 0% | 350 | unknown | D | |
| 6 | BYJU'S Learning, Tutoring & Courses · since Growth, 2016 | Growth Equity May 2023 $250M | $10.0B | $3.6B – $19.8B | $7.8B (-22%) | $2.1B | 57% | 19,062 | flat | C | |
| 7 | VerSe Tech Companies · since Series H+, 2021 | Debt Feb 2024 $6.0M | $1.4B | $449M – $9.5B | $1.2B (-14%) | $848M | 97% | 675 | down | D | |
| 8 | Rohlik Group Groceries · led at Series D, 2022 | Growth Equity Jun 2024 $170M | $1.9B | $552M – $3.1B | $1.8B (-8%) | $200M | 11% | 342 | flat | C | |
| 9 | Stream Financial Services · led at Series D, 2026 | Series D Jan 2026 $90M | $1.3B | $678M – $2.0B | $1.3B (+7%) | $161M | 0% | 309 | up | B | |
| 10 | Rohlik Groceries · led at Series D, 2022 | Growth Equity Jun 2024 $171M | $2.3B | $793M – $3.5B | $2.2B (-1%) | $223M | 0% | – | up | C | |
| 11 | Collibra Tech Companies · led at Series G, 2021 | Series G Nov 2021 $250M | $3.0B | $292M – $7.0B | $2.8B (-5%) | $820M | 14% | 1,108 | flat | D | |
| 12 | Tech Companies · since Series C, 2022 | Series C Apr 2022 $47M | $51.2M | $25.0M – $185M | $44.9M (-12%) | $45.6M | 97% | 98 | shrinking | D | |
| 13 | Tech Companies · led at Series B, 2025 | Series B Dec 2025 $33M | $320M | $162M – $490M | $345M (+8%) | $41.4M | 0% | 215 | growing | B | |
| 14 | Electronical Components Manufacturing · since Series D, 2020 | Acquisition Jul 2024 | $1.3B acquired 2024 | $527M – $4.1B | – | – | 89% | 400 | flat | D | |
| 15 | Tech Companies · since Series C, 2026 | Series C Sep 2026 $270M | $1.8B | $1.5B – $2.6B | $2.2B (+28%) | $268M | 0% | 86 | growing | A | |
| 16 | Psychiatrists & Psychiatric Hospitals · since Series D, 2026 | Series D Apr 2026 $210M | $2.8B | $1.7B – $4.6B | $3.2B (+14%) | $354M | 0% | 775 | growing | B | |
| 17 | Professional & Management Training · led at Series C, 2022 | Debt Dec 2024 $42M | $783M | $149M – $3.3B | $680M (-13%) | $295M | 57% | 1,118 | down | D | |
| 18 | Psychologists & Counseling Services · led at Series C, 2021 | Series D Jan 2026 $220M | $3.2B | $1.7B – $5.2B | $3.4B (+8%) | $411M | 0% | 944 | growing | B | |
| 19 | Vitamins & Supplements · since Series H+, 2022 | Growth Equity Nov 2024 $153M | $571M | $332M – $657M | $571M (0%) | $59.1M | 0% | 1,428 | up | B | |
| 20 | Tech Companies · led at Series C, 2018 | Series D Feb 2019 $226M | $9.70M | $0 – $9.70M | $9.70M (0%) | – | 100% | 133 | flat | dead | |
| 21 | Nutritionists & Weight Loss Specialists · since Series C, 2021 | Series E Aug 2025 $53M | $1.3B | $813M – $1.5B | $1.3B (0%) | $142M | 0% | 769 | up | B | |
| 22 | Coffee & Tea Shops · since Series B, 2020 | Series C Dec 2021 $96M | $1.2B | $159M – $1.4B | $1.1B (-2%) | $164M | 0% | 5,131 | up | D | |
| 23 | Tech Companies · led at Growth, 2019 | Growth Equity Jun 2019 $227M | $684M | $136M – $2.3B | $684M (0%) | $250M | 59% | 473 | flat | D | |
| 24 | Tech Companies · led at Series D, 2021 | Series E Dec 2022 $60M | $837M | $111M – $1.0B | $757M (-10%) | $120M | 4% | 1,428 | flat | D | |
| 25 | Tech Companies · since Series C, 2026 | Series C Mar 2026 $120M | $1.2B | $869M – $1.5B | $1.3B (+11%) | $143M | 0% | – | flat | A | |
| 26 | Biotechnology · since Series C, 2022 | Series E Jan 2026 $48M | $654M | $383M – $1.0B | $610M (-7%) | $83.3M | 46% | 145 | up | B | |
| 27 | Tech Companies · since Series C, 2015 | Series D Jan 2017 $55M | $567M | $39.3M – $902M | $567M (0%) | $98.3M | 3% | 1,684 | flat | D | |
| 28 | Medical Supply Manufacturers · since Growth, 2025 | Acquisition Aug 2025 $1.50B | $1.2B acquired 2025 | $823M – $1.8B | – | – | 0% | 198 | growing | B | |
| 29 | Payment Processing & Point of Sale · led at Series C, 2026 | Series C May 2026 $100M | $943M | $562M – $1.7B | $1.1B (+18%) | $133M | 0% | 294 | up | B | |
| 30 | Digital & Marketing Agencies · since Series B, 2021 | Series B Aug 2021 $118M | $191M | $86.9M – $981M | $181M (-5%) | $180M | 97% | 360 | down | D | |
| 31 | Alarms, Surveillance & Security Systems · since Growth, 2020 | Growth Equity Oct 2020 $147M | $527M | $88.5M – $1.9B | $527M (0%) | $194M | 50% | 1,053 | flat | D | |
| 32 | Loans & Financing · led at Series E, 2024 | Series E Oct 2024 $135M | $2.1B | $953M – $3.3B | $2.1B (0%) | $272M | 0% | 2,237 | up | C | |
| 33 | Medical Laboratories · led at Series C, 2017 | Series E Jul 2025 $48M | $689M | $336M – $1.0B | $689M (0%) | $87.1M | 0% | 1,029 | up | B | |
| 34 | General Retail & Merchandise · since Series E, 2013 | Acquisition Apr 2016 $560M | $430M acquired 2016 | $68.9M – $655M | – | – | 0% | – | unknown | D | |
| 35 | Tech Companies · led at Series C, 2026 | Series C Jun 2026 $68M | $607M | $396M – $1.0B | $730M (+20%) | $87.5M | 0% | 278 | flat | B | |
| 36 | Batteries · since Series B, 2025 | Series B Dec 2025 $110M | $1.1B | $509M – $1.8B | $1.2B (+6%) | $139M | 0% | 71 | growing | C | |
| 37 | Pharmaceutical Products · led at Series C, 2022 | Series C Jan 2022 $100M | $782M | $81.4M – $1.2B | $726M (-7%) | $149M | 14% | 34 | flat | D | |
| 38 | Tech Companies · led at Series C, 2019 | Acquisition Aug 2019 $43M | $382M acquired 2019 | $236M – $617M | – | – | 0% | – | unknown | B | |
| 39 | Food Production · led at Series C, 2025 | Series D Feb 2026 $51M | $604M | $357M – $934M | $658M (+9%) | $83.3M | 0% | 317 | growing | B | |
| 40 | Cosmetic Manufacturing · led at Series A, 2018 | Series C Jul 2021 $50M | $706M | $105M – $963M | $671M (-5%) | $120M | 0% | 910 | up | D | |
| 41 | Nutritionists & Weight Loss Specialists · since Growth, 2025 | Growth Equity Feb 2025 $50M | $449M | $270M – $637M | $449M (0%) | $40.4M | 0% | – | growing | B | |
| 42 | Medical Supply Manufacturers · since Series B, 2026 | Series B May 2026 $50M | $477M | $348M – $690M | $600M (+26%) | $75.9M | 0% | 19 | up | B | |
| 43 | Clothing Stores · since Growth, 2014 | Growth Equity Feb 2014 $50M | $1.3B | $212M – $7.7B | $1.3B (0%) | – | 0% | 17,903 | flat | D | |
| 44 | Tech Companies · led at Series B, 2022 | Series B Jun 2022 $30M | $132M | $17.9M – $374M | $115M (-13%) | $39.0M | 39% | 155 | flat | D | |
| 45 | Snack Foods · led at Series C, 2021 | Series C Dec 2021 $36M | $385M | $115M – $699M | $385M (0%) | $58.1M | 0% | 666 | growing | C |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Sofina invests: stages, industries and countries
Most of its rounds are Series C and later (86%). Its companies span 27 industries, most in Tech Companies, Groceries and Medical Supply Manufacturers, across 16 countries.
Rounds by stage
- Seed 1
- Series A 2
- Series B 6
- Series C and later 54
Investments by industry
- Tech Companies 15
- Groceries 2
- Medical Supply Manufacturers 2
- Nutritionists & Weight Loss Specialists 2
- Payment Processing & Point of Sale 2
- Alarms, Surveillance & Security Systems 1
- Batteries 1
- Biotechnology 1
Investments by country
- India 14
- United Kingdom 6
- United States 6
- Germany 4
- Belgium 2
- Czechia 2
Recent rounds
Sofina's latest investments
Sofina's most recent funding rounds, newest first. 11 rounds in the last 12 months.
- Series C $270M 15 Sep 2026
- Series C, led $68M 30 Jun 2026
- Series C, led $100M 20 May 2026
- Series B $50M 19 May 2026
- Series D $210M 6 Apr 2026
- Series C $120M 18 Mar 2026
- Series D, led $51M 4 Feb 2026
- Series D $220M 22 Jan 2026
- Stream Series D, led $90M 20 Jan 2026
- Series B, led $33M 11 Dec 2025
Co-investors
Sofina's top co-investors
The investors that most often join the same rounds as Sofina. Sequoia Capital leads, with 14 rounds together.
- Sequoia Capital 14 rounds together
- Temasek 8 rounds together
- Index Ventures 7 rounds together
- Tiger Global 7 rounds together
- Alpha Wave Global 5 rounds together
- DST Global 5 rounds together
- 5 rounds together
- Balderton Capital 5 rounds together
- GIC 4 rounds together
- 4 rounds together
About
About Sofina
Sofina SA is a Belgian investment company that operates in the investment and private equity sectors. The company provides financial consulting services and invests directly and through private equity funds in sectors such as consumer, digital, education, and healthcare. Sofina serves entrepreneurs and families managing growing companies, with a portfolio that includes investments in venture and growth capital funds, and maintains a presence in Europe, Asia, and the United States. The company is committed to responsible investment and sustainability, adhering to the UN Principles for Responsible Investment.
Description from Veridion's company data.
- Founded
- 1898
- Based in
- Brussels, Belgium
- Team
- 318 people, +18% in a year
- Type
- Venture capital firm
Focus markets
- Consumer
- Digital
- Education
- Healthcare
What Sofina offers
- Investment Management Services
- Private Equity Investment Management
- Venture Capital Fund Investment
- Direct Private Equity Investment
- Sustainable Investment Management
- Responsible Investment Consulting
- Business Growth Advisory Services
- Entrepreneurial Support Services
Questions
Sofina: frequently asked questions
How many companies has Sofina invested in?
45 venture-backed companies on VCMC, across 63 funding rounds.
What are Sofina's most valuable private companies?
team.blue ($63.8B), Flipkart ($46.9B), Mistral AI ($25.2B), by VCMC's valuation.
What was Sofina's latest investment?
Exein, a Series C round in Sep 2026 of $270M.
Which stages does Sofina invest in?
Sofina invests most often at Series C and later (54 rounds), followed by Series B (6) and Series A (2). It has also joined 1 seed round.
What is Sofina's portfolio worth?
Its private companies with a VCMC valuation are worth $194.0B together. That is the sum of the companies' values, not what Sofina owns.
Who does Sofina invest alongside?
Sequoia Capital (14 rounds), Temasek (8 rounds), Index Ventures (7 rounds).