Jorn Vanysacker and Gilles Mattelin, the serial entrepreneurs behind the success stories Henchman, Intuo and Tout Bien Pils, today announce the launch of their new Venture Capital fund 100IN. Together with a select group of leading Belgian entrepreneurs, they aim to invest €100,000 in 100 international startups.
Since the acquisition of LegalTech scaleup Henchman in the summer of 2024, Jorn Vanysacker and Gilles Mattelin have not stood still. Over the past 18 months, the entrepreneurs have already invested in no fewer than 20 startups and scaleups, including the Irish company Axe, an AI platform for logistics tasks, as well as Ghent-based players Bizzy, Spotable and Tekst. A defining feature of their approach is early entry into standout names such as cybersecurity company Aikido Security and email assistant Fyxer AI, also a unicorn in the making.
Skin in the Game:
With the creation of 100IN, both entrepreneurs take the next step and elevate their investment activities to a more professional and scalable level. The fund is co-managed by Chief of Operations Julie Capiau.
100IN reaches a total size of €12 million. Notably, 60% of the capital comes from the Henchman trio Jorn Vanysacker, Gilles Mattelin and Wouter Van Respaille. In addition, a select group of prominent entrepreneurs from the Belgian ecosystem are joining the initiative, including Siska Lannoo (Ex-Henchman), Louis Jonckheere (Showpad, Wintercircus), Lorenz Bogaert (Netlog, StarApps), Matthias Geeroms (Lighthouse), Jonas Dhaenens (team.blue), Hilde Cloostermans (Robotbouwer Cloostermans), and Roeland Delrue and Willem Delbare (Aikido).
In a landscape where startups are expected to go further with fewer resources, 100IN aims to make a difference from the very start. It does so by combining hands-on startup expertise with experience spanning the full journey from founding to international exit.
Gilles Mattelin, said: “Capital is one thing, but knowing how to build a company on an international stage is the real challenge. With 100IN, we invest in founders with the ambition to push boundaries. We support them with the practical experience we gained while scaling Henchman internationally.”
Early Stage:
100IN’s strategy is clear and bold, with a continuous flow of investments and a strong focus on the very first stage of a startup’s life. By investing €100,000 in 100 companies, the entrepreneurs behind the fund spread their opportunities widely across the innovation landscape, beyond language and national borders. At the same time, the fund reserves sufficient capital to continue actively investing in follow on funding rounds of its portfolio companies.
Jonas Dhaenens of team.blue, stated: “What convinces me about 100IN is its focus on the very earliest phase of a startup, exactly where Belgium still has a gap today. It is high risk, but also high conviction, with low valuations, a steep learning curve and an ideal position to allocate more capital later to the strongest teams.”
