# Cybersecurity investors in Benelux (2026 list)

> 73 cybersecurity investors in Benelux, 67% active in the last 12 months. Led by Y Combinator, Andreessen Horowitz, Founders Fund. Ranked by what they funded.

Source: https://millionrounds.com/lists/cybersecurity-investors-in-benelux (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Cybersecurity investors in Benelux

Updated 7 November 2026

Firms observed backing a cybersecurity company in Benelux in the last two years, wherever the firm is based.

[See all 73 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcybersecurity-investors-in-benelux)The top 25

**73** investors on the list No change this week

**2,336** cheques in 12 months *-4%* against the market

**$8M** median round they joined *+0%* against the market median

**67%** wrote a cheque in 12 months

**60%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 3 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 4 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen
- 5 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 6 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen
- 7 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 8 [Inovia Capital](https://millionrounds.com/fund/inovia-capital) *Deploying now* VC firm · Canada **328** **$11M** median round **Nov 2026** last seen
- 9 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) *Deploying now* VC firm · United States **261** **$50M** median round **Nov 2026** last seen
- 10 [Notion Capital](https://millionrounds.com/fund/notion-capital) *Deploying now* VC firm · United Kingdom **202** **$9.2M** median round **Oct 2026** last seen
- 11 [HV Capital](https://millionrounds.com/fund/hv-capital) *Deploying now* VC firm · Germany **166** **$20M** median round **Oct 2026** last seen
- 12 [Picus Capital](https://millionrounds.com/fund/picus-capital) *Deploying now* VC firm · Germany **159** **$10M** median round **Nov 2026** last seen
- 13 [DST Global](https://millionrounds.com/fund/dst-global) *Deploying now* Private equity · United Kingdom **158** **$81M** median round **Oct 2026** last seen
- 14 [Apollo](https://millionrounds.com/fund/apollo-global-management) *Deploying now* Private equity · United States **114** **$55M** median round **Oct 2026** last seen
- 15 [Dawn Capital](https://millionrounds.com/fund/dawn-capital) *Deploying now* VC firm · United Kingdom **107** **$33M** median round **Oct 2026** last seen
- 16 [Singular](https://millionrounds.com/fund/singular) *Deploying now* VC firm · France **97** **$11M** median round **Oct 2026** last seen
- 17 [BOM](https://millionrounds.com/fund/bom) *Deploying now* VC firm **68** **$5.6M** median round **Sept 2026** last seen
- 18 [10x Founders](https://millionrounds.com/fund/10x-founders) *Deploying now* VC firm · Germany **56** **$6.7M** median round **Sept 2026** last seen
- 19 [42CAP](https://millionrounds.com/fund/42cap) *Deploying now* VC firm · Germany **56** **$4.8M** median round **Oct 2026** last seen
- 20 [ForgePoint Capital](https://millionrounds.com/fund/forgepoint-capital) *Deploying now* VC firm · United States **56** **$25M** median round **Oct 2026** last seen
- 21 [InnovationQuarter](https://millionrounds.com/fund/innovation-quarter) *Deploying now* Government · Netherlands **52** **$5.5M** median round **Jun 2026** last seen
- 22 [OostNL](https://millionrounds.com/fund/oost-nl) *Deploying now* VC firm · Netherlands **52** **$3.5M** median round **Aug 2026** last seen
- 23 [Washington Harbour Partners Lp](https://millionrounds.com/fund/washington-harbour-partners-lp) *Deploying now* Private equity · United States **52** **$60M** median round **Nov 2026** last seen
- 24 [Construct Capital](https://millionrounds.com/fund/construct-capital) *Deploying now* VC firm · United States **49** **$17M** median round **Oct 2026** last seen
- 25 [Pitchdrive](https://millionrounds.com/fund/pitchdrive) *Deploying now* VC firm · Belgium **49** **$1.6M** median round **Oct 2026** last seen

**48 more on this list**

All 73 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcybersecurity-investors-in-benelux)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **5** Nov **[Kabilio](https://millionrounds.com/company/kabilio)** $11M *Led by* [Picus Capital](https://millionrounds.com/fund/picus-capital)
- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners)
- **5** Nov **[Pliant](https://millionrounds.com/company/pliant)** Series C · $80M *With* [Motive Ventures](https://millionrounds.com/fund/motive-partners)
- **4** Nov **Sentra** Series C · $150M *With* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners)
- **4** Nov **[Phaze Inc.](https://millionrounds.com/company/phaze-inc)** Seed · $8.8M *Led by* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)

## Stages This Year

2,075 rounds

- Venture **20%**
- Seed **18%**
- Pre-seed **17%**
- Series A **15%**
- Series B **8%**
- Other **22%**

## What They Backed

Sectors, last 12 months

- AI **1,094**
- Fintech **152**
- Big Data & Analytics **137**
- Healthcare **94**
- Financial Services **75**
- Biotech **73**

## Cheques by Quarter

Led Joined

641 Q1 25

605 Q2 25

702 Q3 25

735 Q4 25

708 Q1 26

677 Q2 26

480 Q3 26

146 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in security

- Hackers: Heroes of the Computer Revolution Steven Levy · 1984 4.16 from 8,649 ratings on Goodreads Security About the book A mere fifteen years ago, computer nerds were seen as marginal weirdos, outsiders whose world would never resonate with the mainstream. That was before one pioneering work documented the underground computer revolution that was about to change our world forever. With… On AmazonListen on Audible
- The DevOps Handbook: How to Create World-Class Agility, Reliability, and Security in Technology Organizations Gene Kim · 2015 4.29 from 5,988 ratings on Goodreads Security Company building About the book Increase profitability, elevate work culture, and exceed productivity goals through DevOps practices.More than ever, the effective management of technology is critical for business competitiveness. For decades, technology leaders have struggled to balance agility, reliability,… On AmazonListen on Audible
- Smartcuts: How Hackers, Innovators, and Icons Accelerate Success Shane Snow · 2014 3.88 from 6,577 ratings on Goodreads Security Company building Innovation About the book Entrepreneur and journalist Shane Snow (Wired, Fast Company, The New Yorker, and cofounder of Contently) analyzes the lives of people and companies that do incredible things in implausibly short time. How do some startups go from zero to billions in mere months? How did… On AmazonListen on Audible
- The Innovators: How a Group of Hackers, Geniuses and Geeks Created the Digital Revolution Walter Isaacson · 2014 4.12 from 40,532 ratings on Goodreads Security Innovation Company building About the book Following his blockbuster biography of Steve Jobs, The Innovators is Walter Isaacson’s revealing story of the people who created the computer and the Internet. It is destined to be the standard history of the digital revolution and an indispensable guide to how innovation really… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=security).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about cybersecurity investors in Benelux

### Who are the most active cybersecurity investors in Benelux?

By cheques observed, the most active are Y Combinator, Andreessen Horowitz, Founders Fund, Bessemer Venture Partners and Antler.

### How many cybersecurity investors in Benelux are there?

73 are on record. 67% made an investment in the last 12 months and 60% have led a round.

### Which stages do cybersecurity investors in Benelux back?

Of the rounds with a named stage in the last 12 months, mostly Seed (25%) and Pre-seed (23%).

### How big are the rounds cybersecurity investors in Benelux join?

The typical (median) round among the leading investors here is $15M.

### Which sectors do cybersecurity investors in Benelux back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which cybersecurity investors in Benelux lead the most rounds?

Andreessen Horowitz (114 led), Bessemer Venture Partners (51 led) and Founders Fund (42 led).

### Where are cybersecurity investors in Benelux based?

Among the most active, most are based in the United States (10), the United Kingdom (4) and Germany (4).

### What have cybersecurity investors in Benelux invested in recently?

Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Kabilio (Nov 2026, with Picus Capital) and Zipline (Growth, Nov 2026, with Valor Equity Partners).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)