In the last closing 10 Mio was raised from family offices and entrepreneurs such as Steve Rousseau, Helena Brutsaert and many others, as well as the institutional investors SFPIM and COI. This will allow Miles Ahead to better help the number of early-stage founders of Deep Tech software & AI startups grow faster. The founding partners of the fund are all former technology entrepreneurs, with the common aspiration to provide experience and support to new technology companies as well as adequate funding to develop their business on a global scale.

Miles Ahead wants to achieve this based on four different pillars.

Focused investment

Our portfolio consists of b2b SAAS start-ups across sectors such as HR ( Talentguide ), Communication ( Weavely), Healthcare ( Tiro ) and Sports ( MyGamePlan ) but also includes technology companies with solution offerings based on hardware and software such as Automated Architecture (Robotics in the construction industry) and Sealution (IoT in the maritime industry). All these companies tackle the challenges of sustainability and talent shortage that are a common theme in many of the investments the fund is pursuing.

Early investment

Miles Ahead invests in talented entrepreneurs in the very early stages of their development before a product market fit has been achieved. We are confident that by taking this approach, we can establish a strong foundation for future funding rounds. History has shown that technology companies have a much higher probability of becoming successful if the founders maintain a strong equity position and remain committed through-out the first funding rounds.

Strong business support

In order to be that partner from the start we have reinforced our team over the last six months with talent in the areas of finance, business development and market know-how. Ewout Meyns, former CEO of Piesync (sold to Hubspot) joined as Business Lead Partner and Ruben Gevaert, previously in charge of finance and operations at the fintech scale-up Credix joined as Investment Manager – Partner. Pieter Lavens, previously co-founder and partner at OCTO REEF, a deal-by-deal investment firm, also joined to support the team from a legal and financial perspective.  

Extensive network

Last but not least Miles Ahead has notably expanded the already impressive group of entrepreneurs that not only invested in the fund but also expressed a willingness to act as advisor or entrepreneur-in-residence. John Lebon, former CEO of Clinisys, joins the team as advisory partner with a special focus on the healthcare market. In addition to the partner team the entrepreneurs in residence offer our portfolio teams additional business expertise and a quality network in the sectors in which they operate. Together with existing corner stone investor SFPIM and our new investor COI they share our mission to support technology entrepreneurs in contributing to our final funding round.

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‍“Increasing the fund-size improves the scalability of the studio model. We  can now support up to 20 startups from Belgium and the neighbouring countries and provide a larger investment per company. The four pillars of our approach will be the guideline for our further investments and ultimately the success of our portfolio companies”

         _{Says Luc Burgelman, Founding Partner at Miles Ahead.}

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Contact info

www.milesahead.ai

Sint-Jansvest 18/1

9000 Gent

Belgium

info@milesahead.ai

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