Investor Lists

Series B investors in Belgium

Updated 7 November 2026

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

See all 21 →The top 21
21investors on the listNo change this week
344cheques in 12 months-7% against the market
$11Mmedian round they joined+31% against the market median
86%wrote a cheque in 12 months
76%have led a round

The Top 21

Ordered by cheques observed, never by anything anyone paid for

Deploying now (18)

  1. 1Balderton CapitalDeploying nowVC firm · United Kingdom368$30Mmedian roundOct 2026last seen
  2. 2Inovia CapitalDeploying nowVC firm · Canada328$11Mmedian roundNov 2026last seen
  3. 3BNP ParibasDeploying nowVC firm · France256$17Mmedian roundOct 2026last seen
  4. 4European Investment BankDeploying nowGovernment · Luxembourg246$37Mmedian roundNov 2026last seen
  5. 5Notion CapitalDeploying nowVC firm · United Kingdom202$9.2Mmedian roundOct 2026last seen
  6. 6Seventure PartnersDeploying nowVC firm · France193$9.5Mmedian roundSept 2026last seen
  7. 7XAngeDeploying nowVC firm · France192$8.1Mmedian roundSept 2026last seen
  8. 8DST GlobalDeploying nowPrivate equity · United Kingdom158$81Mmedian roundOct 2026last seen
  9. 9SingularDeploying nowVC firm · France97$11Mmedian roundOct 2026last seen
  10. 10PMVDeploying nowGovernment · Belgium85$3.6Mmedian roundSept 2026last seen
  11. 11Supernova InvestDeploying nowVC firm · France76$16Mmedian roundSept 2026last seen
  12. 12EIT Food RisingFoodstarsDeploying nowAccelerator · Belgium74$826Kmedian roundOct 2026last seen
  13. 13Qbic FundDeploying nowVC firm · Belgium40$7Mmedian roundJul 2026last seen
  14. 14SofinaDeploying nowFamily office · Belgium21$82Mmedian roundSept 2026last seen
  15. 15Providence Equity PartnersDeploying nowPrivate equity · United States19$88Mmedian roundSept 2026last seen
  16. 16Innovation FundquietVC firm · Belgium14$8.1Mmedian roundMar 2025last seen
  17. 17Torus CapitalDeploying nowVC firm · Belgium7$2.2Mmedian roundJan 2026last seen
  18. 18SFPIMDeploying nowVC firm · Belgium5$9.4Mmedian roundFeb 2026last seen
  19. 19Crédit Mutuel ImpactDeploying nowGrowth equity · France3$34Mmedian roundOct 2026last seen
  20. 20finance.brusselsquietVC firm · Belgium3$5.4Mmedian roundFeb 2025last seen
  21. 21IMBCquietGrowth equity · Belgium1$14Mmedian roundFeb 2025last seen

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Quick answers about series B investors in Belgium

Who are the most active series B investors in Belgium?

By cheques observed, the most active are Balderton Capital, Inovia Capital, BNP Paribas, European Investment Bank and Notion Capital.

How many series B investors in Belgium are there?

21 are on record. 86% made an investment in the last 12 months and 76% have led a round.

Which stages do series B investors in Belgium back?

Of the rounds with a named stage in the last 12 months, mostly Series A (19%) and Debt (19%).

How big are the rounds series B investors in Belgium join?

The typical (median) round among the leading investors here is $11M.

Which sectors do series B investors in Belgium back most?

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

Which series B investors in Belgium lead the most rounds?

Balderton Capital (22 led), DST Global (12 led) and Notion Capital (10 led).

Where are series B investors in Belgium based?

Among the most active, most are based in Belgium (9), France (6) and the United Kingdom (3).

What have series B investors in Belgium invested in recently?

Recent rounds include Physicl (Seed, Nov 2026, with Inovia Capital), Scatec (Debt, Nov 2026, with European Investment Bank) and Cohere (Oct 2026, with Inovia Capital).

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