About FEops
FEops is a Healthcare company based in Ghent (Belgium) founded in 2009 by Matthieu Beule, and was acquired by Materialise in July 2024. Provider of physics-based simulations for medical device manufacturers. FEops has raised $11.95 million across 10 funding rounds from investors including PMV, Materialise and European Union. The company has 33 employees. Its chief executive, as recorded, is Matthieu Beule. FEops offers products and services including FEops HEARTguide and Predictive Simulations. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is FEops nv.
Company details
FEops was established in 2009 in Ghent, Belgium, as a provider of physics-based simulations tailored for the medical device sector. These simulations assist medical device manufacturers and imaging companies in developing solutions for structural heart interventions. Operations center on computational modeling to evaluate device performance and patient-specific outcomes. The company serves clients in the cardiovascular medtech industry from its European base, supporting regulatory and clinical applications.
- Headquarters Ghent, Belgium
- Employees 33
- Founders Matthieu Beule
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website feops.com
- Social LinkedIn
- Acquired by Materialise (Jul 2024)
- Legal Name Feops Nv
- Total Equity Funding$11.95M (USD)
in 10 rounds
- Latest Funding Round$3.31M (USD), Series B
Oct 2022
- InvestorsPMV
& 5 more
- Employee Count33
- Acquired byMaterialise
(Jul 2024)
Products & Services of FEops
FEops offers a comprehensive portfolio of products and services, including FEops HEARTguide and Predictive Simulations.
AI tool for analyzing CT scans and simulating heart procedures.
Models device interactions to enhance heart procedure outcomes.
Funding Insights of FEops
FEops has successfully raised a total of $11.95M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $3.31 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.95M
- Total Rounds 10
- Last Round Series B — $3.31M
- First Round $302,892
(Jan 2015)
- Investors Count 5
All 10 funding rounds of FEops with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $3.31M | Series B | – | – | |
| Dec 2019 | $3.54M | Grant | – | – | |
| Dec 2019 | $3.54M | Grant | – | – | |
| Nov 2017 | $510,591 | Grant | – | – | |
| Sep 2017 | $7.15M | Series B | – | Valiance Asset Management | |
| Sep 2017 | $297,194 | Grant | – | – | |
| Apr 2016 | $57,006 | Grant | – | – | |
| Jan 2016 | $54,300 | Grant | – | – | |
| Jan 2015 | $1.5M | Series A | – | Capricorn Partners, PMV | – |
| Jan 2015 | $302,892 | Grant | – | – |
6 investors in total: 6 institutional.
Investors in FEops
FEops has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include PMV, Materialise and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Venture capital fund focused on multiple sectors | valiance-am.com | London, United Kingdom | ||
Private debt funds are managed across multiple sectors. | 2001 | pmv.eu | Brussels, Belgium | |
Investments are directed by Capricorn Partners into European tech ventures. | 1993 | capricorn.be | Leuven, Belgium | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
3D printing software is developed for design and manufacturing needs. | 1990 | materialise.com | Leuven, Belgium |
Investor details for FEops
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of FEops
11 people are tracked at FEops (4 in leadership, 5 in board & advisors, 2 in team); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Peter Mortier | Managing Director | Leadership |
Matthieu Beule | Co-Founder & CEO | Leadership |
Matthieu De Beule | CEO, Co-Founder & Board Member | Leadership |
Nico Uwents | Director of Business Development | Leadership |
Marc Lambrechts | Board Member | Board & advisors |
Euan S. Thomson | Board Member | Board & advisors |
Rob Michiels | Chairman | Board & advisors |
Jose Calle Gordo | Board Member | Board & advisors |
Kenneth Wils | Board Member | Board & advisors |
Kilian Michiels | Team Lead AI | Team |
Eva Heffinck | Artificial Intelligence Engineer | Team |
Complete people profiles for FEops
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of FEops
4 dated milestones of FEops across 15 years, from founding to its latest funding, stage changes and deals.
- Founded FEops is founded.
- Funding First funding round of $303K.
- Funding Latest funding round, Series B, of $3.3M.
- Exit Acquired by Materialise.
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Frequently Asked Questions about FEops
FEops was founded in 2009 and raised its 1st funding round 6 years after it was founded.
FEops is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Matthieu Beule is the CEO of FEops, as recorded in our data. They have also founded this company.
FEops is a funded company, having raised a total of $11.95M across 10 funding rounds to date. The company's 1st funding round was a Grant of $302.89K, raised on Jan 2015.
FEops has 33 employees.
FEops was established in 2009 in Ghent, Belgium, as a provider of physics-based simulations tailored for the medical device sector. These simulations assist medical device manufacturers and imaging companies in developing solutions for structural heart interventions. Operations center on computational modeling to evaluate device performance and patient-specific outcomes. The company serves clients in the cardiovascular medtech industry from its European base, supporting regulatory and clinical applications.
FEops offers FEops HEARTguide and Predictive Simulations.
FEops has 6 investors. Key investors include PMV, Materialise, European Union, Capricorn Partners, and EIC Fund.
FEops operates through Feops Nv.
Yes. FEops was acquired by Materialise in July 2024.