Startup funding in Belgium 2026
January to September 2026. Data as of 23 October 2026.
Release
Total
Startups in Belgium raised $471M in 56 venture rounds from January to September 2026, 25th of 119 countries, according to FundingWatcher.
Without rounds of $100M or more
1 round of $100M or more holds 26.5% of that money. Without it, Belgium raised $346M, 22nd of 119 countries.
Largest round
The largest round was Coultreon Biopharma in Heverlee: $125M, Series A, in April 2026.
Cities
Ghent startups raised $139M, 29.5% of the national total, ahead of Heverlee with $126M.
Early stage
Pre-seed, seed, angel and Series A rounds under $100M: 53 rounds, $269M.
Source
Source: FundingWatcher, startup funding by country and city 2026, https://fundingwatcher.com/research/startup-funding-by-country-2026/
Cities
| City | Rounds | Total | Under $100M | Rounds of $100M+ |
|---|---|---|---|---|
| Ghent | 20 | $139M | $139M | 0 |
| Heverlee | 2 | $126M | $871K | 1 |
| Antwerp | 7 | $64M | $64M | 0 |
| Louvain-la-neuve | 1 | $43M | $43M | 0 |
| Brussels | 8 | $36M | $36M | 0 |
| Mechelen | 1 | $12M | $12M | 0 |
| Sint-martens-lierde | 1 | $11M | $11M | 0 |
| Liège | 1 | $10M | $10M | 0 |
| Leuven | 3 | $9M | $9M | 0 |
| Haasrode | 1 | $5M | $5M | 0 |
| Houthalen | 1 | $3M | $3M | 0 |
| Charleroi | 1 | $3M | $3M | 0 |
Largest rounds
| Company | City | Round | Date | Amount |
|---|---|---|---|---|
| Coultreon Biopharma | Heverlee | Series A | 2026-04-28 | $125M |
| Aikido Security | Ghent | Series B | 2026-01-14 | $60M |
| Vertical Compute | Louvain-la-neuve | seed | 2026-03-04 | $43M |
| D-CRBN | Antwerp | Series A | 2026-05-26 | $20M |
| Tusk IC | Antwerp | Series A | 2026-09-17 | $17M |
| QuotCraft | Antwerp | Series C | 2026-07-28 | $17M |
| Tekst | Ghent | Series A | 2026-05-07 | $14M |
| Timefold | Ghent | Series A | 2026-06-23 | $13M |
| Chift | Brussels | Series A | 2026-09-14 | $12M |
| Octave | Mechelen | Series A | 2026-09-04 | $12M |
Method
56 rounds in Belgium in the FundingWatcher startup file: companies whose most recent round is a named stage, pre-seed and angel through Series J, dated January to September 2026. One round per company, the latest. Debt, grants, corporate rounds, private equity and secondary sales are not counted. 54 of the 56 rounds carry an amount. Method and data files: startup funding by country and city, 2026.
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