# Pre-seed investors in Belgium (2026 list) > 18 pre-seed investors in Belgium, 100% active in the last 12 months. Led by Y Combinator, Techstars, Seedcamp. Ranked by what they funded. Source: https://millionrounds.com/lists/pre-seed-investors-in-belgium (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Pre-seed investors in Belgium Updated 7 November 2026 Firms we have watched take part in a pre-seed round raised by a company in Belgium in the last two years, wherever the firm is based. [See all 18 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpre-seed-investors-in-belgium)The top 18 **18** investors on the list *+1* this week **1,426** cheques in 12 months *-23%* against the market **$3.1M** median round they joined *-61%* against the market median **100%** wrote a cheque in 12 months **61%** have led a round ## The Top 18 Ordered by cheques observed, never by anything anyone paid for Deploying now (18) - 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen - 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen - 3 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen - 4 [Notion Capital](https://millionrounds.com/fund/notion-capital) *Deploying now* VC firm · United Kingdom **202** **$9.2M** median round **Oct 2026** last seen - 5 [Lakestar](https://millionrounds.com/fund/lakestar) *Deploying now* VC firm · Switzerland **168** **$18M** median round **Oct 2026** last seen - 6 [Tenity](https://millionrounds.com/fund/tenity) *Deploying now* Accelerator · Switzerland **139** **$1.3M** median round **Sept 2026** last seen - 7 [N1](https://millionrounds.com/fund/n1) *Deploying now* VC firm · Luxembourg **134** **$1.4M** median round **Sept 2026** last seen - 8 [JME Ventures](https://millionrounds.com/fund/jme-ventures) *Deploying now* VC firm · Spain **70** **$3.2M** median round **Sept 2026** last seen - 9 [NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) *Deploying now* VC firm · United States **70** **$1.6M** median round **Feb 2026** last seen - 10 [Mercuri VC](https://millionrounds.com/fund/mercuri) *Deploying now* VC firm · United Kingdom **68** **$5M** median round **Sept 2026** last seen - 11 [Revent](https://millionrounds.com/fund/revent-2) *Deploying now* VC firm · Germany **62** **$5.7M** median round **Sept 2026** last seen - 12 [Pitchdrive](https://millionrounds.com/fund/pitchdrive) *Deploying now* VC firm · Belgium **49** **$1.6M** median round **Oct 2026** last seen - 13 [Adara Ventures](https://millionrounds.com/fund/adara-ventures) *Deploying now* VC firm · Luxembourg **46** **$6.5M** median round **Oct 2026** last seen - 14 [Carbon13](https://millionrounds.com/fund/carbon13) *Deploying now* Accelerator · United Kingdom **40** **$800K** median round **Sept 2026** last seen - 15 [Qbic Fund](https://millionrounds.com/fund/qbic-fund) *Deploying now* VC firm · Belgium **40** **$7M** median round **Jul 2026** last seen - 16 [EIT Urban Mobility](https://millionrounds.com/fund/eit-urban-mobility) *Deploying now* Investment firm **39** **$801K** median round **Sept 2026** last seen - 17 [Limburgse Reconversie Maatschappij](https://millionrounds.com/fund/limburgse-reconversie-maatschappij) *Deploying now* VC firm · Belgium **32** **$2.3M** median round **Jul 2026** last seen - 18 [Actia Capital Partners](https://millionrounds.com/fund/actia-capital-partners) *Deploying now* VC firm · United Kingdom **2** **$28M** median round **Nov 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp) - **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars) - **4** Nov **[Supa](https://millionrounds.com/company/supa)** Seed · $28M *With* [Actia Capital Partners](https://millionrounds.com/fund/actia-capital-partners) - **2** Nov **[Marble Cognition](https://millionrounds.com/company/marble-cognition)** Pre-seed · $3.8M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp) - **30** Oct **[Neuron Industries](https://millionrounds.com/company/neuron-industries)** Seed · $10M *With* [Y Combinator](https://millionrounds.com/fund/y-combinator) - **30** Oct **[Ares Intelligence](https://millionrounds.com/company/ares-intelligence)** Seed · $3.2M *With* [Lakestar](https://millionrounds.com/fund/lakestar) ## Stages This Year 1,401 rounds - Venture **26%** - Pre-seed **21%** - Seed **19%** - Series A **15%** - Series B **5%** - Other **13%** ## What They Backed Sectors, last 12 months - AI **712** - Fintech **82** - Big Data & Analytics **79** - Healthcare **60** - Financial Services **54** - Aerospace & Space **47** ## Cheques by Quarter Led Joined 509 Q1 25 445 Q2 25 540 Q3 25 496 Q4 25 465 Q1 26 419 Q2 26 281 Q3 26 52 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Early stage investors in United States 3,774](https://millionrounds.com/lists/early-stage-investors-in-united-states) - [Series A investors in United States 2,305](https://millionrounds.com/lists/series-a-investors-in-united-states) - [Seed investors in United States 2,252](https://millionrounds.com/lists/seed-investors-in-united-states) - [Series B investors in United States 1,647](https://millionrounds.com/lists/series-b-investors-in-united-states) - [Growth investors in United States 1,329](https://millionrounds.com/lists/growth-investors-in-united-states) - [Early stage investors in United Kingdom 1,166](https://millionrounds.com/lists/early-stage-investors-in-united-kingdom) - [Series C investors in United States 967](https://millionrounds.com/lists/series-c-investors-in-united-states) - [Pre-seed investors in United States 774](https://millionrounds.com/lists/pre-seed-investors-in-united-states) - [Seed investors in United Kingdom 692](https://millionrounds.com/lists/seed-investors-in-united-kingdom) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders at idea or pre-seed - Thinking, Fast and Slow Daniel Kahneman · 2011 4.16 from 616,355 ratings on Goodreads Judgement and decisions Company building About the book In the highly anticipated Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. Kahneman… On AmazonListen on Audible - The Elements of User Experience: User-Centered Design for the Web Jesse James Garrett · 2002 4.01 from 4,134 ratings on Goodreads Finding product-market fit Company building About the book Smart organizations recognize that Web design is more than just creating clean code and sharp graphics. A site that really works fulfills your strategic objectives while meeting the needs of your users. Even the best content and the most sophisticated technology won't help you… On AmazonListen on Audible - Get Backed: Craft Your Story, Build the Perfect Pitch Deck, and Launch the Venture of Your Dreams Evan Baehr · 2015 4.36 from 356 ratings on Goodreads Raising money Company building About the book HOW DO YOU LAUNCH THE VENTURE OF YOUR DREAMS? Get Backed isn’t just about startup fundraising. It’s a handbook for anyone who has an idea and needs to build relationships to get it off the ground. Over the last 3 years, entrepreneurs Evan Loomis and Evan Baehr have… On AmazonListen on Audible - Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist [Brad Feld](https://millionrounds.com/person/brad-feld) · 2011 4.11 from 17,486 ratings on Goodreads Raising money Company building About the book Praise for Venture Deals"My biggest nightmare is taking advantage of an entrepreneur without even realizing it. It happens because VCs are experts in financings and most entrepreneurs are not. Brad and Jason are out to fix that problem with Venture Deals. This book is long… On AmazonListen on Audible[Author's Podcasts](https://millionrounds.com/person/brad-feld#podcasts) More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&stage=idea). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about pre-seed investors in Belgium ### Who are the most active pre-seed investors in Belgium? By cheques observed, the most active are Y Combinator, Techstars, Seedcamp, Notion Capital and Lakestar. ### How many pre-seed investors in Belgium are there? 18 are on record. 100% made an investment in the last 12 months and 61% have led a round. ### Which stages do pre-seed investors in Belgium back? Of the rounds with a named stage in the last 12 months, mostly Pre-seed (30%) and Seed (27%). ### How big are the rounds pre-seed investors in Belgium join? The typical (median) round among the leading investors here is $3.2M. ### Which sectors do pre-seed investors in Belgium back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which pre-seed investors in Belgium lead the most rounds? Y Combinator (11 led), Notion Capital (10 led) and Lakestar (8 led). ### Where are pre-seed investors in Belgium based? Among the most active, most are based in the United Kingdom (5), the United States (3) and Belgium (3). ### What have pre-seed investors in Belgium invested in recently? Recent rounds include Granit (Seed, Nov 2026, with Seedcamp), Lazarus AI (Nov 2026, with Techstars) and Supa (Seed, Nov 2026, with Actia Capital Partners). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)