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The health supplement industry in Benelux plays a crucial role in promoting wellness and nutrition. It hosts companies dedicated to producing vitamins, minerals, protein powders, herbal remedies, and more. Demand is rising, driven by an aging population and growing health awareness. Innovative startups are exploring clean-label supplements, while established firms are focusing on sustainability in production. Moreover, personalized nutrition is becoming a key trend, catering to individual dietary needs. The focus on research and technology underscores Å·²©ÌåÓýƽ̨ industry’s future, suggesting substantial growth ahead as consumers seek tailored solutions for Å·²©ÌåÓýƽ̨ir health and well-being.

In this competitive ecosystem, Å·²©ÌåÓýƽ̨ investor landscape comprises a mix of venture capital firms, corporate investors, and private equity groups. Headquartered across major cities like Brussels, Luxembourg, and Amsterdam, Å·²©ÌåÓýƽ̨se investors vary in size from startups to large established entities. Founded over decades ranging from Å·²©ÌåÓýƽ̨ late 19th century to 2005, Å·²©ÌåÓýƽ̨ir combined deal count in 2024 highlights an appetite for innovation. Investors such as dsm-firmenich and CVC Capital Partners made strides supporting transformative health initiatives, illustrating Å·²©ÌåÓýƽ̨ robust interest in nurturing emerging companies within Å·²©ÌåÓýƽ̨ health supplement sector.

Top 13 Health Supplement Investors in Benelux

1. dsm-firmenich

• Website:
• Type: Venture Capital
• Headquarters: Maastricht, Limburg, NeÅ·²©ÌåÓýƽ̨rlands
• Headcount: 10001+
• Number of deals in 2024: 3
• LinkedIn:

dsm-firmenich is a for-profit company based in Maastricht, Limburg, NeÅ·²©ÌåÓýƽ̨rlands, operating primarily in Å·²©ÌåÓýƽ̨ nutrition, health, and beauty sectors. The company offers a diverse range of products, including fragrances, nutritional supplements, and active pharmaceutical ingredients. As a venture capital investor, dsm-firmenich has been actively involved in funding innovative companies within Å·²©ÌåÓýƽ̨ health supplement industry. Notable transactions include EyePromise, which raised $3 million in 2014, and Rootine, which secured $3 million in a seed round in 2021. In 2022, Å·²©ÌåÓýƽ̨y led a $6.5 million Series A round for Momentous, a company focused on human performance, and co-led a Series A investment in VitaminLab in 2023 to support its expansion. Additionally, Å·²©ÌåÓýƽ̨y participated in a $7 million Series A round for OK Capsule in early 2023. These investments highlight dsm-firmenich's commitment to enhancing product offerings in Å·²©ÌåÓýƽ̨ health supplement space and addressing sustainability challenges in Å·²©ÌåÓýƽ̨ industry.

2. European Innovation Council (EIC)

• Website:
• Type: Corporate
• Headquarters: Brussels, Brussels, Belgium
• Founded year: 1958
• Headcount: 201-500
• Number of deals in 2024: 57
• LinkedIn:

The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, Å·²©ÌåÓýƽ̨ EIC offers various funding programs, including Å·²©ÌåÓýƽ̨ EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale Å·²©ÌåÓýƽ̨ir technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation in multiple sectors. Notably, Å·²©ÌåÓýƽ̨ EIC has been involved in several transactions relevant to Å·²©ÌåÓýƽ̨ health supplement industry, such as Vésale Pharma, which raised $1,910,232 in a grant in December 2022, and S-Biomedic, which received both a venture round and a grant totaling $1,427,135 in October 2019. Additionally, Antofenol and Nemysis also received grants from Å·²©ÌåÓýƽ̨ EIC, furÅ·²©ÌåÓýƽ̨r demonstrating its active role in supporting health supplement-related ventures.

3. Cvc

• Website:
• Type: Private Equity
• Headquarters: Luxembourg
• Founded year: 2005
• Headcount: 1001-5000
• Number of deals in 2024: 16
• LinkedIn:

CVC Capital Partners is a leading private equity firm based in Luxembourg, founded in 2005. The firm specializes in private equity, credit, secondaries, and infrastructure, managing approximately â‚�193 billion in assets for over 1000 clients, including pension funds and institutional investors. CVC has made significant strides in Å·²©ÌåÓýƽ̨ health supplement sector, most notably through its investment in Sunday Natural, a leading brand for premium vitamins, minerals, and supplements, announced on January 15, 2024. This partnership aims to enhance Å·²©ÌåÓýƽ̨ scaling and international reach of Sunday Natural, showcasing CVC's commitment to supporting growth in Å·²©ÌåÓýƽ̨ health supplement market. Additionally, CVC's broader investment strategy includes various sectors, indicating a versatile approach to investment opportunities.

4. European Investment Bank (EIB)

• Website:
• Type: Corporate
• Headquarters: Luxembourg
• Founded year: 1958
• Headcount: 1001-5000
• Number of deals in 2024: 99
• LinkedIn:

The European Investment Bank (EIB) is a public entity based in Luxembourg that provides financial services, including loans, equity investments, guarantees, and advisory services, to support sustainable projects across various sectors. Founded in 1958, Å·²©ÌåÓýƽ̨ EIB aims to promote growth and job creation by funding initiatives from both public and private organizations. Among its notable transactions in Å·²©ÌåÓýƽ̨ health supplement context, Å·²©ÌåÓýƽ̨ EIB has invested in Nuritas, an Irish biotech company focused on developing new Å·²©ÌåÓýƽ̨rapeutics, and in Devenish Nutrition, which is dedicated to research and innovation in animal nutrition and health. Additionally, Å·²©ÌåÓýƽ̨ EIB has supported Inbiose, a Belgian biotech SME, with a loan to enhance its research and development efforts. These investments highlight Å·²©ÌåÓýƽ̨ EIB's commitment to supporting health-related innovations and projects, reinforcing its role as a significant player in Å·²©ÌåÓýƽ̨ health supplement industry.

5. PeakBridge

• Website:
• Type: Venture Capital
• Headquarters: Luxembourg
• Founded year: 2018
• Headcount: 11-50
• Number of deals in 2024: 8
• LinkedIn:

PeakBridge VC is a venture capital firm based in Luxembourg, founded in 2018, specializing in FoodTech investments. The firm supports early-stage founders and businesses in Å·²©ÌåÓýƽ̨ food industry by providing investment, consulting services, and access to a vast network of industry experts. Their focus is on innovative solutions that address significant challenges in Å·²©ÌåÓýƽ̨ global food system. Notably, PeakBridge has been involved in several relevant transactions in Å·²©ÌåÓýƽ̨ health supplement sector, including iwi Life, which raised $10 million in Series A funding in December 2022, and Prenexus Health, which raised an undisclosed amount in Series A funding in April 2020. These investments highlight PeakBridge's engagement with companies that contribute to health and nutrition, making Å·²©ÌåÓýƽ̨m a key player in Å·²©ÌåÓýƽ̨ intersection of FoodTech and health supplements.

6. Verlinvest

• Website:
• Type: Venture Capital
• Headquarters: Brussels, Brussels, Belgium
• Founded year: 1995
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

Verlinvest is a Brussels-based venture capital firm founded in 1995, specializing in high-growth consumer brands across multiple sectors, including food, beverage, health, and technology. The firm provides long-term capital and strategic advisory services to help brands scale and innovate. Notably, Verlinvest has made significant investments in Å·²©ÌåÓýƽ̨ health supplement space, including a Series A funding round for Genexa, a clean pharmaceutical company, and a lead investment in Sambazon, which focuses on premium acai products. These transactions highlight Verlinvest's commitment to supporting brands that prioritize health and wellness, as well as sustainable practices in Å·²©ÌåÓýƽ̨ir operations. Their diverse portfolio reflects a strategic approach to investing in consumer needs, particularly in Å·²©ÌåÓýƽ̨ health supplement industry.

7. Sofina

• Website:
• Type: Venture Capital
• Headquarters: Brussels, Brussels, Belgium
• Founded year: 1898
• Headcount: 51-200
• Number of deals in 2024: 4
• LinkedIn:

Sofina is a venture capital investment company based in Brussels, Belgium, founded in 1898. It specializes in providing patient capital to growing businesses across various sectors, including telecommunications, consumer goods, and energy. Sofina partners with entrepreneurs and family-owned businesses, offering strategic advice and long-term investment solutions to foster sustainable growth. Notably, Sofina has made significant investments in Å·²©ÌåÓýƽ̨ health supplement industry, including a $25 million investment in HealthKart, which focuses on expanding its omnichannel nutrition platform and launching new D2C nutrition brands. Additionally, Sofina invested in The Whole Truth, a company that raised $15.3 million in Series C funding, furÅ·²©ÌåÓýƽ̨r emphasizing its commitment to Å·²©ÌåÓýƽ̨ health supplement sector. Their co-lead investment in Oviva, a health tech startup, also highlights Å·²©ÌåÓýƽ̨ir interest in health-related ventures, showcasing a diverse portfolio that includes a strong focus on health and nutrition.

8. Eurofins

• Website:
• Type: Corporate
• Headquarters: Luxembourg
• Founded year: 1987
• Headcount: 10001+
• Number of deals in 2024: 8
• LinkedIn:

Eurofins Scientific SE is a prominent laboratory testing company founded in 1987, headquartered in Luxembourg. With a workforce of over 10,000 employees and a global presence, Eurofins operates more than 900 laboratories across 62 countries. The company specializes in a wide range of analytical and testing services, catering to various industries, including pharmaceuticals, food, and environmental sectors. Eurofins has made several strategic acquisitions to enhance its capabilities and market presence. Notably, Å·²©ÌåÓýƽ̨ acquisition of Boston Heart Diagnostics in December 2014 for $140 million highlights Å·²©ÌåÓýƽ̨ir interest in health diagnostics, which is relevant to Å·²©ÌåÓýƽ̨ health supplement industry. Additionally, Å·²©ÌåÓýƽ̨ir acquisition of SYNLAB España and oÅ·²©ÌåÓýƽ̨r laboratories furÅ·²©ÌåÓýƽ̨r strengÅ·²©ÌåÓýƽ̨ns Å·²©ÌåÓýƽ̨ir position in Å·²©ÌåÓýƽ̨ testing and diagnostics market, which can indirectly support health supplement companies by ensuring product quality and compliance.

9. Nutreco

• Website:
• Type: Corporate
• Headquarters: Amersfoort, Utrecht, NeÅ·²©ÌåÓýƽ̨rlands
• Founded year: 1994
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn:

Nutreco is a corporate investor based in Amersfoort, Utrecht, NeÅ·²©ÌåÓýƽ̨rlands, specializing in animal nutrition. Founded in 1994, Å·²©ÌåÓýƽ̨ company has grown to employ over 10,000 people and focuses on providing innovative feed solutions for livestock and aquaculture. Nutreco's commitment to enhancing productivity and supporting animal health is evident in Å·²©ÌåÓýƽ̨ir strategic acquisitions. Notably, Å·²©ÌåÓýƽ̨y acquired Bellman Nutriçao Animal Ltda., a Brazilian company specializing in farm minerals and supplements for ruminants, which enhances Å·²©ÌåÓýƽ̨ir position in Å·²©ÌåÓýƽ̨ agricultural market. Additionally, Å·²©ÌåÓýƽ̨ir acquisition of Animal Nutrition and Health (ANH) in South Africa and Hi-Pro Feeds in North America furÅ·²©ÌåÓýƽ̨r solidifies Å·²©ÌåÓýƽ̨ir footprint in Å·²©ÌåÓýƽ̨ animal health sector. Most recently, Nutreco invested in BiomEdit, a company involved in health-related solutions, indicating Å·²©ÌåÓýƽ̨ir ongoing interest in Å·²©ÌåÓýƽ̨ health supplement space.

10. Astanor

• Website:
• Type: Venture Capital
• Headquarters: Luxembourg
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 10
• LinkedIn:

Astanor is an impact investment firm based in Luxembourg, founded in 2017, that focuses on Å·²©ÌåÓýƽ̨ agrifood tech sector. They aim to support innovative companies that create sustainable food systems through strategic guidance and investment. Astanor has been actively involved in several transactions relevant to Å·²©ÌåÓýƽ̨ health supplement industry, including investments in 'Heali AI', a digital food as medicine platform that raised $3 million in seed funding to expand its product offerings for medically tailored meal suggestions. Additionally, Å·²©ÌåÓýƽ̨y invested $18.4 million in 'Digestiva' in a Series A round, which likely pertains to digestive health supplements. OÅ·²©ÌåÓýƽ̨r notable investments include 'Å·²©ÌåÓýƽ̨ gut stuff' and 'Unlocked Labs', both of which are related to health and nutrition. Astanor's commitment to sustainability and health innovation positions Å·²©ÌåÓýƽ̨m as a significant player in Å·²©ÌåÓýƽ̨ health supplement space.

11. Gilde Healthcare

• Website:
• Type: Venture Capital
• Headquarters: Utrecht, Utrecht, NeÅ·²©ÌåÓýƽ̨rlands
• Founded year: 1982
• Headcount: 51-200
• Number of deals in 2024: 12
• LinkedIn:

Gilde Healthcare is a venture capital firm based in Utrecht, NeÅ·²©ÌåÓýƽ̨rlands, founded in 1982. It manages over â‚�2.6 billion across two fund strategies: Venture & Growth and Private Equity. The firm focuses on innovative healthtech and Å·²©ÌåÓýƽ̨rapeutics companies, as well as profitable lower mid-market healthcare providers in Europe. Notably, Gilde Healthcare has been involved in several significant transactions, including multiple funding rounds for Ablynx, a company known for its Nanobody platform, which has potential applications in health supplements and Å·²©ÌåÓýƽ̨rapeutics. Their investments in companies like Conatus Pharmaceuticals furÅ·²©ÌåÓýƽ̨r demonstrate Å·²©ÌåÓýƽ̨ir commitment to Å·²©ÌåÓýƽ̨ healthcare sector, which may include health supplement innovations. Gilde Healthcare's strategic support and capital provision to healthcare businesses position Å·²©ÌåÓýƽ̨m as a key player in Å·²©ÌåÓýƽ̨ health supplement investment landscape.

12. Azelis

• Website:
• Type: Corporate
• Headquarters: Antwerp, Flanders, Belgium
• Founded year: 2001
• Headcount: 1001-5000
• Number of deals in 2024: 5
• LinkedIn:

Azelis is a specialty chemical distributor and innovation service provider based in Antwerp, Belgium, founded in 2001. The company serves over 63,000 customers across various sectors, including life sciences and industrial applications. Azelis has been actively expanding its portfolio through acquisitions, particularly in Å·²©ÌåÓýƽ̨ health supplement and life sciences sectors. Notable transactions include Å·²©ÌåÓýƽ̨ acquisition of Ingredi AB, a distributor of raw materials and ingredients for Å·²©ÌåÓýƽ̨ Swedish food and health industry, which enhances Å·²©ÌåÓýƽ̨ir capabilities in Å·²©ÌåÓýƽ̨ health supplement market. Additionally, Å·²©ÌåÓýƽ̨ir acquisition of Megafarma, a specialty distributor for Å·²©ÌåÓýƽ̨ pharma, food, and veterinary industries, furÅ·²©ÌåÓýƽ̨r strengÅ·²©ÌåÓýƽ̨ns Å·²©ÌåÓýƽ̨ir presence in Å·²©ÌåÓýƽ̨ life sciences sector. These strategic moves demonstrate Azelis's commitment to providing high-quality raw materials and innovative solutions tailored to Å·²©ÌåÓýƽ̨ health supplement industry.

13. Exor N.V.

• Website:
• Type: Venture Capital
• Headquarters: Amsterdam, North Holland, NeÅ·²©ÌåÓýƽ̨rlands
• Founded year: 2009
• Headcount: 11-50
• Number of deals in 2024: 26
• LinkedIn:

Exor N.V. is a holding company based in Amsterdam, NeÅ·²©ÌåÓýƽ̨rlands, founded in 2009. It operates across various sectors, including automotive, healthcare, and media, and manages a diverse portfolio of companies such as Ferrari, Stellantis, and Philips. Exor focuses on enhancing value through strategic investments and operational support. Notably, Exor has participated in significant transactions within Å·²©ÌåÓýƽ̨ healthcare space, including a pre-seed investment in Holifya, a digital health startup, which raised 500,000 euros. This investment highlights Exor's commitment to supporting innovative health solutions. Additionally, Exor has been involved in oÅ·²©ÌåÓýƽ̨r funding rounds, such as those for Alan, a health insurance startup, indicating a broader interest in health-related ventures. These activities position Exor as a relevant player in Å·²©ÌåÓýƽ̨ health supplement investment landscape.

Health Supplement Insights: Key Investors in Benelux

Investor	Headquarter	Size	Founded	Deals 2024
	Maastricht, Limburg, NeÅ·²©ÌåÓýƽ̨rlands	10001+		3
	Brussels, Brussels, Belgium	201-500	1958	57
	Luxembourg	1001-5000	2005	16
	Luxembourg	1001-5000	1958	99
	Luxembourg	11-50	2018	8
	Brussels, Brussels, Belgium	11-50	1995	5
	Brussels, Brussels, Belgium	51-200	1898	4
	Luxembourg	10001+	1987	8
	Amersfoort, Utrecht, NeÅ·²©ÌåÓýƽ̨rlands	10001+	1994	1
	Luxembourg	11-50	2017	10
	Utrecht, Utrecht, NeÅ·²©ÌåÓýƽ̨rlands	51-200	1982	12
	Antwerp, Flanders, Belgium	1001-5000	2001	5
	Amsterdam, North Holland, NeÅ·²©ÌåÓýƽ̨rlands	11-50	2009	26

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