Investor Lists

Early stage investors in Belgium

Updated 7 November 2026

Firms we have watched take part in an early stage round raised by a company in Belgium in the last two years, wherever the firm is based.

125investors on the list+5 this week
2,746cheques in 12 months-23% against the market
$4.6Mmedian round they joined-43% against the market median
82%wrote a cheque in 12 months
50%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Y CombinatorDeploying nowAccelerator · United States6,412$3Mmedian roundOct 2026last seen
  2. 2TechstarsDeploying nowVC firm · United States2,989$1.2Mmedian roundNov 2026last seen
  3. 3BpifranceDeploying nowGovernment · France1,151$4.5Mmedian roundOct 2026last seen
  4. 4EIC AcceleratorDeploying nowGovernment · European Union875$4.3Mmedian roundOct 2026last seen
  5. 5Kima VenturesDeploying nowVC firm · France859$4.2Mmedian roundNov 2026last seen
  6. 6Korea Tech Incubator Program For StartupDeploying nowGovernment · South Korea597$2.1Mmedian roundSept 2026last seen
  7. 7Pioneer FundDeploying nowPrivate equity · United States551$2.9Mmedian roundNov 2026last seen
  8. 8EISMEADeploying nowInvestment firm524$2.2Mmedian roundSept 2026last seen
  9. 9SeedcampDeploying nowVC firm · United Kingdom519$5Mmedian roundNov 2026last seen
  10. 10Balderton CapitalDeploying nowVC firm · United Kingdom368$30Mmedian roundOct 2026last seen
  11. 11Seed CapitalDeploying nowVC firm · Denmark347$4Mmedian roundSept 2026last seen
  12. 12Everywhere VenturesDeploying nowVC firm · United States296$3.8Mmedian roundOct 2026last seen
  13. 13Storm VenturesDeploying nowVC firm · United States262$7Mmedian roundSept 2026last seen
  14. 14BNP ParibasDeploying nowVC firm · France256$17Mmedian roundOct 2026last seen
  15. 15VentechDeploying nowVC firm · France212$7.4Mmedian roundOct 2026last seen
  16. 16Novo HoldingsDeploying nowVC firm · Denmark203$60Mmedian roundOct 2026last seen
  17. 17Notion CapitalDeploying nowVC firm · United Kingdom202$9.2Mmedian roundOct 2026last seen
  18. 18XAngeDeploying nowVC firm · France192$8.1Mmedian roundSept 2026last seen
  19. 19Team Ignite VenturesDeploying nowVC firm · United States177$2Mmedian roundOct 2026last seen
  20. 20LakestarDeploying nowVC firm · Switzerland168$18Mmedian roundOct 2026last seen
  21. 21European CommissionDeploying nowVC firm · Belgium160$2.8Mmedian roundSept 2026last seen
  22. 22ElaiaDeploying nowVC firm · France156$7.6Mmedian roundSept 2026last seen
  23. 23KickstartDeploying nowVC firm143$4.1Mmedian roundSept 2026last seen
  24. 24TenityDeploying nowAccelerator · Switzerland139$1.3Mmedian roundSept 2026last seen
  25. 25NAPDeploying nowVC firm · Germany138$6Mmedian roundSept 2026last seen
100 more on this list

All 125 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 →

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Quick answers about early stage investors in Belgium

Who are the most active early stage investors in Belgium?

By cheques observed, the most active are Y Combinator, Techstars, Bpifrance, EIC Accelerator and Kima Ventures.

How many early stage investors in Belgium are there?

125 are on record. 82% made an investment in the last 12 months and 50% have led a round.

Which stages do early stage investors in Belgium back?

Of the rounds with a named stage in the last 12 months, mostly Seed (28%) and Series A (22%).

How big are the rounds early stage investors in Belgium join?

The typical (median) round among the leading investors here is $4.3M.

Which sectors do early stage investors in Belgium back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

Which early stage investors in Belgium lead the most rounds?

Balderton Capital (22 led), Y Combinator (11 led) and Bpifrance (11 led).

Where are early stage investors in Belgium based?

Among the most active, most are based in the United States (6), France (6) and the United Kingdom (3).

What have early stage investors in Belgium invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with Eli Lilly), Nyquis (Seed, Nov 2026, with Pioneer Fund) and Granit (Seed, Nov 2026, with Seedcamp).

Built from the rounds we watched, refreshed every night. How we count · Report a correction