100IN, a selective venture capital fund founded by the serial entrepreneurs behind Henchman, Intuo, and Tout Bien Pils, announced its launch with a mission to invest €100,000 in 100 international startups. Following the acquisition of LegalTech scaleup Henchman in 2024, founders Jorn Vanysacker and Gilles Mattelin formalized their investment activities into a €12M vehicle managed by Chief of Operations Julie Capiau. The portfolio already includes twenty companies, such as Aikido Security and Fyxer AI, reflecting a strategy of early entry into high-potential innovation.
“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,” says Gilles Mattelin.
Founder-Led Capital with Global Scaling Expertise
The fund's capital originates largely from the Henchman trio, supported by prominent Belgian ecosystem leaders including Louis Jonckheere and Jonas Dhaenens. By targeting the earliest stages of a startup's lifecycle, 100IN addresses a critical funding gap while maintaining reserves for follow-on participation in subsequent rounds. This high-conviction approach combines financial backing with hands-on expertise derived from scaling businesses to international exits.
“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,” says Jonas Dhaenens of team.blue.