Legal Disclaimer

This website is for purely illustrative purposes and contains information on private investment schemes promoted, administered and/or managed by Inventures. Access to this website is restricted in Belgium and might be restricted in other jurisdictions as well. By accessing to this website, you acknowledge that your investor profile matches the regulatory applicable regulatory constraints.

Inventures receives on a regular basis (usually each month or each quarter) a reporting from the portfolio companies on the basis of which the KPIs and the execution of the business plan are monitored. When significant changes appear, when compared with the business plan, the Investment Committee of Inventures is informed.

The information about the investments of Inventures is based on the data provided by the CEOs of the respective companies. However carefully checked by Inventures, future reports may show discrepancies, mainly due to the difficulties often experienced by young companies when tracking their key performance indicators (KPIs).

The description of the corporate governance, valuation and characteristics of Inventures are provided for informational purposes only. The Private Placement Memorandum is the only legally binding document in this regard.



The shares of the Fund are not listed and this website has not been, and will not be, subject to the approval of the Authority for Financial Services and Markets (Autorité des services et marchés financiers / Autoriteit voor Financiële Diensten en Markten – the FSMA). Accordingly, the Fund is not, and will not be, authorized to conduct a public offering of its shares in Belgium (or in any other jurisdiction) and this website does not constitute such a public offering. Shares have been, or will be, sold, offered for sale, or issued only to private investors within the meaning of article 2 of the Royal Decree of May 23, 2007 relating to the pricaf privée/private privak (i.e., in summary, persons committing to invest individually at least EUR 100,000 in the Fund).


Without limitation to the generality of the above, it is expressly stated that the Shares have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and the Shares may not be offered, sold, pledged or otherwise transferred in the United States or to a U.S. person, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and any applicable state or local securities laws. Accordingly, the Shares are being offered and sold solely outside the United States to non-U.S. persons in “offshore transactions” as defined in and in accordance with Regulation S under the U.S. Securities Act. Any person in the United States or any U.S. person who obtains a copy of this Memorandum is required to disregard it. Subscriptions by U.S. Persons within the meaning of the U.S. Foreign Account Tax Compliance Act (FATCA) shall not be accepted by the Fund.

Other jurisdictions

Access to this website, and the offering, sale and delivery of the Shares may, in certain jurisdictions other than Belgium, be restricted by law. This website does not constitute an offer of, or an invitation by or on behalf of the Fund, and addressed to prospective investors outside Belgium, to subscribe for or purchase any of the Shares. This website may therefore not be used for the purpose of an offer to, or a solicitation by, anyone in any jurisdiction or in any circumstances in which such offer or solicitation is not authorised or is unlawful.