MIXVOIP VENTURES
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We partner with remarkable companies.

More than investors. We back small European telecom and IT companies, sometimes with a stake, sometimes by taking on a customer base, sometimes as a commercial partner.

25%+ Typical stake

We aim for a significant stake, typically around 25% or much more.

110+ People at Mixvoip

Large enough to support a company, small enough to stay close to it.

1–5 yrs Books we review

Balance sheets from the past one to five years, under NDA.

Introducing Mixvoip Ventures

More than investors.

We're collaborators, partners and tech enthusiasts, backing European tech companies that align with our vision and services.

Introduction

At Mixvoip Ventures, we're more than just investors. We're collaborators, partners, and tech enthusiasts. Together, we aim to elevate European tech companies that align with our vision and services.

Our vision

At the heart of Mixvoip Ventures lies a passion for fostering growth and collaboration among European tech companies. We're not just looking for investments; we're seeking partnerships that can mutually benefit from our network and expertise.

Our criteria

We're interested in companies where there's potential for a symbiotic relationship. Whether Mixvoip can become a customer, or vice versa, or if there's tech that can be bundled into our products, we see potential. We're especially keen on businesses in similar markets or those offering complementary services to ours.

Our approach

We value autonomy and mutual respect. While we're eager to share our processes and culture, we never impose them. Instead, we believe in learning from each other, ensuring that both Mixvoip and our partners grow stronger together.

Potential partnerships

Two kinds of company fit here.

Add-ons to our portfolio

Adjacent to what we do

Marketing and design agencies, development services, AI tech innovators, alarm systems, cabling companies, and companies specializing in support systems and CRMs.

Overlapping businesses

Doing what we already do

Businesses in similar domains, including ones that compete with us. We offer internet, IT, telecom, cloud and VoIP, and we look to collaborate with or acquire companies that mirror that.

The network

Benefits of partnering

Joining the Mixvoip network means being part of a thriving ecosystem. Whether you're a small company looking for integration or a larger entity seeking autonomy, we offer the flexibility and support to ensure mutual growth.

Investment philosophy

Methodical, and usually at a point of transition.

Investment criteria

Our investment approach is methodical and strategic. We often target small companies where founders are considering retirement, or where one or more of the founders are looking to exit. While we aim to have a significant stake, typically around 25% or much more, it underscores our dedication and confidence in the collaboration.

A chess board set up on a desk with one square highlighted in green

Integration vs. autonomy

For smaller entities, integration into the Mixvoip culture offers numerous growth opportunities. For slightly larger companies we value autonomy, believing that there's much we can learn from each other.

Two hands joining a dark and a light puzzle piece, one showing a team icon and the other a growing seedling

Join our network

If you resonate with our vision and believe in the power of collaboration, we'd love to hear from you. Whether you're a founder seeking the next chapter or a company eager to tap into a broader network, Mixvoip Ventures is the place for you.

Two founders shaking hands across a desk in a Mixvoip office

Ready for the next chapter?

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Investments

Twelve deals, including the ones that did not work.

All twelve listed here. Every entry carries what the deal actually was, and what came of it.

In November 2026, Mixvoip acquired Datacenter Luxembourg SA, a provider of data centre infrastructure, cloud services and connectivity, established in 2000.

The acquisition marked a new chapter in a partnership dating back to Mixvoip’s takeover of Voipgate in 2019. The relationship deepened in 2021, when Datacenter Luxembourg acquired a 24.9% stake in Mixvoip, followed by the creation of their joint venture, Emios SA, in 2023. In October 2026, the companies further expanded their collaboration with the launch of SMOX.AI, a sovereign AI platform hosted in Luxembourg.

Following the acquisition, Emios became the holding company for Mixvoip, Datacenter Luxembourg and Voxbi. Each company retains its own identity, teams, contracts and operational standards, while benefiting from the shared resources and expertise of the group.

In February 2026, Mixvoip acquired the customer base and telecom service activities of Nomado.eu, a provider of business telephony, cloud PBX and API-based voice and SMS solutions.

Customers were formally informed that their services would remain unchanged, and the Nomado team stayed involved during the integration phase to ensure a smooth handover.

After 30 years on the Luxembourg market, Crossing Telecom entrusted its portfolio of around 450 business customers to Mixvoip in 2025. Existing team members also joined, helping ensure continuity and a familiar point of contact for customers.

“We were looking for a company where we could be confident our customers would continue to receive reactive and personalised care. Mixvoip gave us that confidence.”Stéphane Rivez

We invested in the team behind Moien.lu, an online media project in Luxembourgish. The platform struggled to attract enough visitors, making advertising partnerships hard to secure. By 2020 the outlook was poor and the project was discontinued.

We later facilitated a merger with Mental.lu, a sports media outlet, injected fresh capital and grew the team to seven. Results still fell short. Recognizing that media was not our core business, we wound down our involvement, met all obligations, and transferred ownership to Simon Beot for a symbolic €1.

Not every investment becomes a success. We absorbed a total loss of approximately €450,000, a valuable learning experience that reinforces the importance of strategic fit.

“Working with Mixvoip was a rare opportunity to learn and grow. Even after they exited, they left us with a solid foundation to continue.”Simon Beot

In 2023 we entered a strategic partnership with ICT-PRO, an IT integrator in Belgium with a tight-knit team of seven. We invested in a 32% stake, aiding their expansion and funding two new offices within Belgium.

When one of the original founders decided to move on, we assisted in acquiring those shares. We hold two seats on the board, but ICT-PRO operates independently, with significant freedom in hiring and investment decisions. The terms sheet emphasises that independence.

“Our collaboration with Mixvoip Ventures has been a journey of mutual respect and learning. Their trust in our team, paired with the autonomy they've provided, has been both humbling and empowering.”Shoghi Vanhove

Established in 2005, Openfield offered both consulting and managed IT services across Luxembourg and France. As the years progressed they chose to focus solely on consulting, which paved the way for Mixvoip to acquire their IT customer portfolio along with a dedicated employee.

Their primary concern was a seamless transition for customers, with no downtime or degradation in service. The acquisition also became the springboard for our first office in France.

Through an indirect minority participation, a stake was secured in Salary.lu, a dedicated team of five. The team operates independently, with Mixvoip not involved in day-to-day operations.

Mixvoip became a customer and built an API integration with its own time-badging solution, leading to complete payslip automation and cross-selling opportunities for both sides.

“When Mixvoip became one of our early customers, handling 100 pay slips per month, it was a real test for our system. We quickly realized some essential features were missing for a company of their scale. Their feedback was invaluable, helping us refine and make our minimum viable product truly market-ready.”Patrick Malget

Voipgate, established in 2005, was a formidable competitor to Mixvoip in the Luxembourg B2B telecom market. Its parent company, Datacenter Luxembourg, decided to focus on colocation, hosting, housing, IaaS and PaaS, and sought a reliable partner for their VoIP clientele.

Within two years of the 2019 acquisition, Mixvoip had integrated nearly all of Voipgate’s customers with minimal churn. Voipgate’s employees found a welcoming team where their expertise was complementary.

By 2023 the relationship with Datacenter Luxembourg had gone further than expected, culminating in a 50/50 joint venture, Emios SA, offering internet and connectivity services in Luxembourg.

“The journey post the Voipgate sale in 2019 has been nothing short of remarkable. I hadn't anticipated such a profound collaboration. It's heartening to see our initial interactions evolve into a joint venture and mutual board representations. This partnership has truly been an avenue for shared growth and success.”Manuel Coelho

Established in 2001 by Alasdair Barclay, Firstline Systems provided IT consultancy to businesses. As 2018 approached, Alasdair looked ahead to retirement and sold all his shares to Mixvoip, then integrated into our team and became an asset to the IT division until his retirement in 2022.

“Transitioning to Mixvoip after my journey with Firstline Systems felt right. It was crucial for me to ensure that the trustful relationships I had built with my customers over the years were maintained. Joining Mixvoip gave me the confidence that they would be in good hands, allowing me to focus on my work and later transition into retirement with peace of mind.”Alasdair Barclay

Venturing into Belgium in 2017, Mixvoip acquired IPFix, a B2B phone system operator. Not all acquisitions unfold as envisioned.

The integration revealed a disparity in expectations between Mixvoip and the founder, who departed within a year. A significant portion of the customer base was integrated, but there was inevitable churn. Transparently, there are aspects we would approach differently today.

In the wake of the founder’s passing, the company faced challenging times. By 2018 one dedicated employee remained, who had begun his journey there as an apprentice.

We acquired the customer portfolio and the existing contracts, and welcomed that employee into the Mixvoip team. By 2023 he was leading a team of six.

Go to Market began as the entrepreneurial venture of Frederic Vanholder, who first collaborated with Mixvoip as an independent consultant in 2012 and became a half-time employee by 2014. His company specialised in development services and application hosting.

As the challenges of scaling and running 24/7 operations became evident, he saw the potential in integrating with a larger team, and decided Mixvoip was the right home for his customers and services. As of 2020 he continues at Mixvoip as a senior account manager.

“My journey from an independent consultant to becoming a part of Mixvoip has been incredibly rewarding. The challenges of growing a business are many, but finding a team that resonates with your vision and values makes all the difference. Looking back, it's been rewarding to focus on my strengths and contribute my best to Mixvoip.”Frederic Vanholder
FAQ

The questions founders actually ask.

Investing and nurturing businesses is a hands-on endeavor for us. Fostering communication, managing and coaching people can be challenging even when they are a few meters away, and remote offices introduce additional complexities. Large time zone differences add further burden. While we might explore broader horizons in the future, for now we operate within an environment we are confident in managing effectively, and that happens to be Europe.

Initial discussion. An informal video call, so both sides can get acquainted and understand mutual interests.

Financial review. Balance sheets from the past one to five years, whatever you have readily available. Before sharing anything sensitive, we recommend signing our non-disclosure agreement.

In-person meeting. If our discussions indicate a fit, we meet and work through the specifics.

While we have a team of over 110 employees, we are not a massive investment entity. Our focus on smaller businesses stems from a desire to foster close-knit collaborations, where we feel confident in our ability to contribute and guide, and where we see opportunities for mutual growth.

Let's estimate your business.

Contact vc@mixvoip.com