Growth equity, Antwerp
Fortino Capital
Venture capital firm · Antwerp · Founded 2013
Quick read
Fortino Capital, a growth equity and buyout firm, was founded in 2013 and is headquartered in Antwerp, Belgium. It backs high-growth B2B SaaS and PaaS companies across North-West Europe, running both venture capital and private equity funds. The firm closed its third software buyout fund at €700M in late 2024, expanding significantly into the DACH market via a Munich office.
Key facts
- Founded
- 2013
- Founders
- Duco Sickinghe
- Employees
- 48
- Sectors
- saas, enterprise, ai
- Website
- www.fortinocapital.com
Investment thesis
Fortino backs exceptional entrepreneurs building high-growth B2B SaaS and PaaS businesses in North-West Europe, primarily through growth equity and mid-market buyouts. The firm targets companies at the intersection of software and AI across Benelux and DACH, aiming to build regional champions.
Recent activity
- Jun 2026investmentModell Aachen and orgavision merged to form Ariadne, creating a European management systems platform. Both are Fortino portfolio companies. fortino.capital
- Apr 2026investmentShiftbase partnered with Fortino Capital to back its next phase of European expansion. fortino.capital
- Dec 2025fundraiseFortino Capital closed its third buyout fund (PE III) at €700 million, oversubscribed, after roughly six months of fundraising. be.linkedin.com
- Sep 2025investmentRevel8 raised €7M in a round that included Fortino Capital alongside Merantix Capital and Peak, to build AI-powered employee security awareness tools. tracxn.com
- Aug 2025investmentTanso Technologies closed a €12M round with Fortino Capital participating alongside henQ and UVC Partners, targeting sustainability compliance software. tracxn.com
- 2025leadershipPhilipp Remy was promoted to Managing Partner at Fortino Capital, recognising his work building the firm's DACH presence and establishing the Munich office since joining in 2022. be.linkedin.com
- 2025leadershipRolf Tjalsma joined Fortino Capital as Operating Advisor. linkedin.com
- Jan 2026investmentPortfolio company VanRoey ICT Group acquired Sonical, strengthening its managed ICT services position. Fortino also welcomed The Collective Consulting — a Belgian cybersecurity specialist — into the VanRoey group. be.linkedin.com
- Dec 2024fundraiseClosed third software buyout fund at €700M after roughly six months of fundraising, targeting mid-market B2B SaaS leaders across DACH and Europe. be.linkedin.com
- 2025leadershipPromoted Philipp Remy to Managing Partner; Remy has led Fortino's DACH expansion and heads the Munich office since joining in 2022. be.linkedin.com
- 2025leadershipPromoted Toon Smets and Arnaud De Vos to Partner within the Private Equity team, both focused on DACH region growth. linkedin.com
- Sep 2025investmentParticipated in Revel8's €7M round; Revel8 builds AI-powered security awareness training. tracxn.com
Notable investments
- ShiftbaseGrowthApr 2026fortino.capital
- Ariadne (Modell Aachen + orgavision)MergerJun 2026fortino.capital
- Revel8SeedSep 2025tracxn.com
- Tanso TechnologiesSeries AAug 2025tracxn.com
- CenoscoGrowth2025zoominfo.com
- Altura PlatformSeries A2024zoominfo.com
- D2X GroupSeries A2025be.linkedin.com
- SIMCONGrowth2024linkedin.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Duco Sickinghe · Founder / Managing Partner
- Renaat Berckmoes · Managing Partner
- Céline Vanbever · Managing Partner
- Philipp Remy · Managing Partner
- Paul Quick · Partner
- Arnaud De Vos · Partner
- Toon Smets · Partner
- Matthieu Vanhoutte · Managing Partner
- Wouter Goossens · Partner
Sources
Other VCs in Belgium
- Volta Ventures · Early-stage VC, Ghent + Amsterdam·
- Capricorn Partners · Multi-stage VC, Leuven
Explore VCs by sector
Globally
Frequently asked
What is Fortino Capital?+
Fortino Capital, a growth equity and buyout firm, was founded in 2013 and is headquartered in Antwerp, Belgium. It backs high-growth B2B SaaS and PaaS companies across North-West Europe, running both venture capital and private equity funds.
Where is Fortino Capital headquartered?+
Fortino Capital is headquartered in Antwerp, Belgium.
When was Fortino Capital founded?+
Fortino Capital was founded in 2013 by Duco Sickinghe.
What sectors does Fortino Capital invest in?+
Fortino Capital focuses on saas, enterprise, ai. They primarily invest in these sectors.
How do I prepare for a meeting with Fortino Capital?+
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