AI-Blox, a Brussels-based scale-up specializing in physical AI solutions, raised capital from Smartfin to accelerate growth and achieve its revenue target of €100 million.

Information on the Target

AI-Blox, a Brussels-based scale-up, has successfully closed its first funding round with participation from Smartfin, a prominent European venture capital firm. Specializing in physical AI solutions, AI-Blox aims to enhance the intelligence of vehicles, robots, hospitals, and public spaces. The company is dedicated to creating smart computers that facilitate edge computing, which enables data to be processed near its source rather than being reliant on cloud infrastructure. This approach is particularly crucial in critical applications where fast, stable, and secure data transmission is essential.

AI-Blox is committed to innovation in the realm of real-world AI—termed Physical AI—which is poised to revolutionize various sectors such as manufacturing, logistics, and urban environments. The company has established itself as a key player by delivering custom-built physical building blocks for autonomous systems, serving clients like the German logistics leader Kion Group and Belgian recycling innovator Rematics. AI-Blox’s solutions promise to enhance operational efficiency and adaptability in various applications ranging from quality control in factories to autonomous navigation for forklift trucks and intelligent public surveillance systems.

Industry Overview in Belgium

Belgium's AI industry is rapidly evolving, with a robust ecosystem that supports startups focusing on innovative applications of artificial intelligence. The country is home to a diverse range of companies that utilize AI technologies across multiple sectors, including logistics,