Finindus is an investment company funded by ArcelorMittal and the Flemish Region and is linked to OCAS, a world class metal research center with campuses in Zelzate and Zwijnaarde (Belgium).

We provide early stage and growth financing (both equity and debt) to innovative technology companies.

Finindus typically invests 0,5 up to 5 MEUR per round with a maximum of 10 MEUR per company.

While we focus on Europe and have Flanders as our sweet spot, we also consider investment opportunities in other continents in activities at the center of our core domains.

We are an active investor and strive to contribute to the value creation in our portfolio companies by leveraging our network, by sharing experience and insights and by facilitating access to the researchers and state-of-the art infrastructure of OCAS.

Technology Focus

Materials</h2>

Materials

new alloys, lightweight materials, smart materials, sandwich materials, bulk metallic glasses, superconductors... and material intensive applications

Material processing

Material processing

casting, rolling, forming, plating, coating, surface functionalization, e-deposition, etching, joining, welding, brazing, gluing, cladding, synthesis, recycling of materials, ...

Sustainable Manufacturing

Sustainable Manufacturing

energy recuperation, waste recycling, exhaust gas treatment, material upgrading, carbon capturing, process innovation, ....

Industry 4.0

Industry 4.0

sensors, connectivity, condition and operational monitoring, artificial intelligence, industrial IoT, big data, predictive maintenance, life time assessment, material informatics

Process - 3 to 12 months

Intake

Intake

Scope check and first assessment.

Go / No Go

Deep dive

Deep dive

In depth review of the company and the business.

Term Sheet

Commitment

Commitment

Mandate by the board of direction of Finindus to invest.

Finalisation

Finalisation

Formal legal and financial due diligence.

Final investment documentation

Funding

Funding

Start of the active investor period.

Cycle - 3 to 12 years

Study

Invest

Grow

Exit

Criteria

Team

Team

We look for well balanced, experienced and trustworthy teams with a full and deep understanding of the business environment they are or will be operating in

Sound value proposition

Sound value proposition

The company addresses a clear customer need to which it can cater in a cost efficient way – offering a strong business case for its customers - in a market that is sizable, accessible and that can be swiftly penetrated starting with a few solid lead customers

Technology & product

Technology & product

Technology with a sustainable competitive advantage, preferentially secured through intellectual property, with proven performance and maturity, and which can be produced efficiently on an industrial scale

Economics

Economics

A credible and consistent business plan outlining the long term cash flows including capital commitments in-line with de-risking of the business plan

Quality investors

Quality investors

As we will most likely co-invest alongside other investors, we put great importance on the quality, reputation of our co-investors and our alignment with their strategy

Exit potential

Exit potential

We need to understand the exit opportunities that could present themselves down the road; although we invest with a long term horizon, we need to be comfortable that we will be able to harvest the fruits of our investment