# Open Source investors in Benelux (2026 list) > 20 open Source investors in Benelux, 65% active in the last 12 months. Led by Sequoia Capital, Accel, Bain Capital Ventures. Ranked by what they funded. Source: https://millionrounds.com/lists/open-source-investors-in-benelux (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Open Source investors in Benelux Updated 7 November 2026 Firms observed backing an open Source company in Benelux in the last two years, wherever the firm is based. [See all 20 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fopen-source-investors-in-benelux)The top 20 **20** investors on the list No change this week **566** cheques in 12 months *+18%* against the market **$8.3M** median round they joined *+3%* against the market median **65%** wrote a cheque in 12 months **50%** have led a round ## The Top 20 Ordered by cheques observed, never by anything anyone paid for Deploying now (13) - 1 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen - 2 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen - 3 [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) *Deploying now* VC firm · United States **524** **$27M** median round **Nov 2026** last seen - 4 [BlackRock](https://millionrounds.com/fund/blackrock) *Deploying now* Asset manager · United States **296** **$130M** median round **Nov 2026** last seen - 5 [AVP](https://millionrounds.com/fund/avp-2) *Deploying now* Investment firm · United States **94** **$23M** median round **Oct 2026** last seen - 6 [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) *Deploying now* Fund of funds · United States **93** **$54M** median round **Jun 2026** last seen - 7 [Mubadala](https://millionrounds.com/fund/mubadala) *Deploying now* Private equity · United Arab Emirates **91** **$80M** median round **Sept 2026** last seen - 8 [CapitalG](https://millionrounds.com/fund/capitalg) *Deploying now* Corporate VC · Canada **51** **$213M** median round **Oct 2026** last seen - 9 [Thomas Wolf](https://millionrounds.com/fund/thomas-wolf) *Deploying now* VC firm **41** **$8M** median round **Oct 2026** last seen - 10 [Alkeon](https://millionrounds.com/fund/alkeon) *Deploying now* Private equity · United States **5** **$130M** median round **Jun 2026** last seen - 11 [Airbridge Equity Partners](https://millionrounds.com/fund/airbridge-equity-partners) *Deploying now* VC firm · Netherlands **3** **$3.5M** median round **Aug 2026** last seen - 12 [Scale II](https://millionrounds.com/fund/scalefund) *Deploying now* VC firm · Belgium **3** **$1.8M** median round **Jun 2026** last seen - 13 [Dedicated VC](https://millionrounds.com/fund/dedicated) quiet VC firm · Luxembourg **2** **$8.5M** median round **Jan 2025** last seen - 14 [Seeder Fund](https://millionrounds.com/fund/seeder) *Deploying now* VC firm · Belgium **2** **$4.9M** median round **Dec 2025** last seen - 15 [Xavier Buck](https://millionrounds.com/fund/xavier-buck) quiet Angel **2** **$8M** median round **Jan 2025** last seen - 16 [Bondi Capital](https://millionrounds.com/fund/bondi-capital) quiet VC firm **1** **$8M** median round **Jan 2025** last seen - 17 [LBAN - Luxembourg Business Angel Network](https://millionrounds.com/fund/lban) quiet Angel network · Luxembourg **1** **$8M** median round **Jan 2025** last seen - 18 [Carricha Capital](https://millionrounds.com/fund/carricha-capital) quiet VC firm **1** **$8M** median round **Jan 2025** last seen - 19 [Christophe Bianco](https://millionrounds.com/fund/christophe-bianco) quiet Angel **1** **$8M** median round **Jan 2025** last seen - 20 [Digital Tech Fund (Expon Capital)](https://millionrounds.com/fund/digital-tech-fund-expon-capital) quiet VC firm **1** **$8M** median round **Jan 2025** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel) - **4** Nov **[Titan OS](https://millionrounds.com/company/titan-os)** Other · $46M *With* [BlackRock](https://millionrounds.com/fund/blackrock) - **3** Nov **[Traversal](https://millionrounds.com/company/traversal)** Series B · $120M *With* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - **3** Nov **[PowerUp Money](https://millionrounds.com/company/powerup-money)** Other · $10M *With* [Accel](https://millionrounds.com/fund/accel) - **3** Nov **[Trajectory](https://millionrounds.com/company/trajectory)** Series A · $45M *Led by* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) - **31** Oct **[OpenAI](https://millionrounds.com/company/openai)** Other · $20B *With* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) ## Stages This Year 525 rounds - Series B **14%** - Seed **12%** - Series A **12%** - Venture **11%** - Growth **10%** - Other **40%** ## What They Backed Sectors, last 12 months - AI **309** - Fintech **50** - Cybersecurity **40** - Robotics **34** - Enterprise Software **28** - Financial Services **27** ## Cheques by Quarter Led Joined 106 Q1 25 111 Q2 25 150 Q3 25 144 Q4 25 182 Q1 26 141 Q2 26 141 Q3 26 46 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) ## Quick answers about open Source investors in Benelux ### Who are the most active open Source investors in Benelux? By cheques observed, the most active are Sequoia Capital, Accel, Bain Capital Ventures, BlackRock and AVP. ### How many open Source investors in Benelux are there? 20 are on record. 65% made an investment in the last 12 months and 50% have led a round. ### Which stages do open Source investors in Benelux back? Of the rounds with a named stage in the last 12 months, mostly Series B (20%) and Seed (17%). ### How big are the rounds open Source investors in Benelux join? The typical (median) round among the leading investors here is $8.5M. ### Which sectors do open Source investors in Benelux back most? In the last 12 months, mostly AI, Fintech and Cybersecurity. ### Which open Source investors in Benelux lead the most rounds? Accel (103 led), Sequoia Capital (91 led) and Bain Capital Ventures (31 led). ### Where are open Source investors in Benelux based? Among the most active, most are based in the United States (7), Belgium (2) and Luxembourg (2). ### What have open Source investors in Benelux invested in recently? Recent rounds include Thinking Machines Lab (Other, Nov 2026, with Accel), Titan OS (Other, Nov 2026, with BlackRock) and Traversal (Series B, Nov 2026, with Sequoia Capital). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)