Private Equity

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Freshmen Fund

Fueling B2C ventures in Urban Mobility, Consumer AI, and Progressive Niche Brands. With a distinct network of advisors & investors, and over 30 years of...

Freshmen Fund logo

Freshmen Fund

Fueling B2C ventures in Urban Mobility, Consumer AI, and Progressive Niche Brands. With a distinct network of advisors & investors, and over 30 years of experience in brand-building, go-to-market and growth hacking, we support exceptional entrepreneurial teams with smart capital.

General information

Firm type

Private Equity

Year founded

2019

Location

Region

Europe

Country

Belgium

City

Antwerpen

Corporate office

Antwerpen, Belgium

Principals

Hendrik Winkelmans

Founder

Steven Spittaels

Managing Partner

Martina Iannuzzi

Investment Associate

Sector focus

Mobility & TransportationConsumer AILuxuryAgriTech & FoodTechMedia & Entertainment

Frequently asked questions

Who runs investment decisions at Freshmen Fund?

Co-founders Hendrik Winkelmans and Steven Spittaels make all investment decisions. Winkelmans contributes operational expertise from founding and exiting a 200-employee bike-retail chain, while Spittaels brings consumer-tech pattern recognition from his tenure as a McKinsey senior partner advising Google, eBay, and Tencent. Investment associate Martina Iannuzzi supports deal evaluation and portfolio management. The firm does not maintain an external investment committee.

How does Freshmen Fund source proprietary deal flow?

Freshmen relies on its founders' cumulative professional networks and its advisory bench of sixteen named operators — including former Google executive Henrique De Castro and ex-Amazon analytics leader Matt Ariker — to surface consumer-product founders. The firm's website frames its pipeline as relationship-driven, targeting entrepreneurs who value operating counsel alongside capital, rather than cold-inbound or intermediary-led sourcing.

Is Freshmen Fund structured as an institutional venture fund or a syndicate?

Freshmen operates closer to a concentrated angel syndicate than an institutional venture capital fund. The firm is built around two co-founders deploying personal capital and operator expertise, augmented by a curated advisor network that provides portfolio-company support. Freshmen does not publicly disclose a fund structure, LP base, or regulatory status, which distinguishes it from most European venture capital managers.

Who are the most operationally active advisors behind Freshmen Fund's portfolio companies?

The firm discloses sixteen advisors spanning consumer tech, retail, digital marketing, and cycling-industry verticals. Notable names include Ann Chapelle, former CFO of Urban Outfitters and Under Armour; Pascal Grieder, former CEO of Salt Mobile; and Jean-Bernard Moens, a European consumer-private-equity operator. These advisors are not formal operating partners but engage directly with portfolio founders according to the firm's website.

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