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Belgian Investment Company for Developing Countries

Belgian Investment Company for Developing Countries

Brussels, Brussels-Capital Regionbio-invest.be

Overview

The Belgian Investment Company for Developing Countries (BIO) is a Development Finance Institution (DFI) founded in 2001 with the Belgian State as its sole shareholder. Its mission is to support a strong private sector in developing and emerging countries to foster sustainable growth and development. BIO invests directly and indirectly in small and medium-sized enterprises (SMEs), financial institutions, and infrastructure projects. Its key investment sectors include financial inclusion, agribusiness, renewable energy, and essential infrastructure. The firm provides various financial instruments, including equity, quasi-equity, and loans.

Portfolio Companies

10

Investments

Belgian Investment Company for Developing Countries investments
CompanyDateStageLead
LIMBUA GroupFeb 2026GrantCo-investor
LIMBUA GroupDec 2025DebtLead
Banco AtlántidaDec 2025DebtLead
AmarthaJun 2025Debt-
Candi SolarOct 2024DebtCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersBrussels, Brussels-Capital Region
Year FoundedN/A

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