Data Report · 2026

VC Activity in Belgium — 2026

Brouky tracks 151 investors and 915 startups in Belgium. Brouky updates this weekly.

Investors tracked

151

Startups tracked

915

Top Investor Sectors in Belgium

Software & Developer Tools42 investorsHealthcare & Life Sciences39 investorsEnergy, Environment & Mobility19 investorsConsumer, Lifestyle & Services14 investorsIndustry & Hardware10 investorsFinance & Blockchain9 investorsArtificial Intelligence & Data5 investorsCommerce & Marketing3 investors

Investment Stage Focus in Belgium

series-a19 investorsseed16 investorsseries-b15 investorsseries-c-plus7 investorspre-seed3 investors

Most Active Investors in Belgium

EIC Accelerator program

VC · Healthcare & Life Sciences · Healthcare & Life Sciences, Industry & Hardware

160 investments

EIC (European Innovation Council)

government · Healthcare & Life Sciences · Healthcare & Life Sciences, Artificial Intelligence & Data

117 investments

GIMV

VC · Healthcare & Life Sciences · Healthcare & Life Sciences, Software & Developer Tools

94 investments

Noshaq

VC · Consumer, Lifestyle & Services · Consumer, Lifestyle & Services, Healthcare & Life Sciences

82 investments

Innovation Industries

VC · Healthcare & Life Sciences · Healthcare & Life Sciences, Industry & Hardware

82 investments

Vesalius Biocapital

VC · Healthcare & Life Sciences · Healthcare & Life Sciences, Industry & Hardware

62 investments

Hiinova Capital

VC · Software & Developer Tools · Software & Developer Tools, Industry & Hardware

54 investments

Hummingbird Ventures

VC · Healthcare & Life Sciences · Healthcare & Life Sciences, Software & Developer Tools

50 investments

Fortino Capital

VC · Software & Developer Tools · Software & Developer Tools, Energy, Environment & Mobility

46 investments

Astanor Ventures

VC · Energy, Environment & Mobility · Energy, Environment & Mobility, Software & Developer Tools

41 investments

Capricorn Partners

VC · Software & Developer Tools · Software & Developer Tools, Healthcare & Life Sciences

38 investments

Verlinvest

family_office · Consumer, Lifestyle & Services · Consumer, Lifestyle & Services, Commerce & Marketing

38 investments

PMV

VC · Software & Developer Tools · Software & Developer Tools, Healthcare & Life Sciences

34 investments

Qbic

VC · Software & Developer Tools · Software & Developer Tools, Healthcare & Life Sciences

34 investments

Astanor

VC · Energy, Environment & Mobility · Energy, Environment & Mobility, Industry & Hardware

30 investments

Volta Ventures

VC · Software & Developer Tools · Software & Developer Tools, Commerce & Marketing

30 investments

V-Bio Ventures

VC · Healthcare & Life Sciences · Healthcare & Life Sciences, Energy, Environment & Mobility

29 investments

European Innovation Council (EIC) Fund

VC · Software & Developer Tools · Software & Developer Tools, Healthcare & Life Sciences

27 investments

QBIC fund

VC · Healthcare & Life Sciences · Healthcare & Life Sciences, Software & Developer Tools

22 investments

VIB

institution · Healthcare & Life Sciences · Healthcare & Life Sciences, Industry & Hardware

21 investments
See all 151 investors in Belgium →

Notable Startups in Belgium

Agomab Therapeutics

series-b · Healthcare & Life Sciences · 2018

9 investors

Cowboy

series-c-plus · Software & Developer Tools · 2017

7 investors

Grasp

seed · Software & Developer Tools · 2025

6 investors

Cryotherapeutics

series-b · Healthcare & Life Sciences

5 investors

e-peas

series-a · Energy, Environment & Mobility · 2014

5 investors

Aphea.Bio

series-b · Energy, Environment & Mobility · 2017

4 investors

Trinean

acquired · Industry & Hardware · 2006

4 investors

Amyl Therapeutics

series-a · Healthcare & Life Sciences

4 investors

IbanFirst

series-c-plus · Finance & Blockchain · 2016

4 investors

Showpad

series-c-plus · Commerce & Marketing · 2011

4 investors

TCR

series-c-plus · Industry & Hardware · 1996

4 investors

moveUP

series-c-plus · Healthcare & Life Sciences

4 investors

Promethera Biosciences

series-c-plus · Healthcare & Life Sciences

4 investors

Silverfin

series-c-plus · Finance & Blockchain

4 investors

Tomorro

seed · Software & Developer Tools · 2005

4 investors

ClimateCamp

series-a · Energy, Environment & Mobility

3 investors

AiVidens

acquired · Finance & Blockchain

3 investors

Autorank

series-c-plus · Software & Developer Tools

3 investors

Azalea Vision

series-a · Healthcare & Life Sciences

3 investors

Deblock

series-a · Software & Developer Tools

3 investors

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