Funded Startups in Belgium
The largest disclosed round in this Belgium list is Coultreon Biopharma’s $125M on 2026-04-28, which dwarfs every other disclosed amount; the next-largest…
The largest disclosed round in this Belgium list is Coultreon Biopharma’s $125M on 2026-04-28, which dwarfs every other disclosed amount; the next-largest is Delvaux at $119M (2026-04-17), and then the figures drop to $41M (Magnax, 2026-04-06) and below. Funding also clusters tightly in the mid- to late-spring window: several of the biggest rounds and many additional entries fall between 2026-04-06 and 2026-05-27, while the oldest shown date is 2026-02-04 (Runeasi, $1M) and the most recent is 2026-07-28 (QuotCraft, $17M). City concentration is also visible—Ghent appears 12 times, Brussels 6 times, and Antwerp 5 times—suggesting repeated sourcing or operating hubs rather than a uniform geographic spread.
In terms of mix, AI appears repeatedly across the table (e.g., Timefold on 2026-06-23 for $13M, Nyxoah on 2026-06-17 for $15M, and Orion Intelligence on 2026-05-19 with $550K), and “Series Unknown” is common (including BrightAnalytics on 2026-07-09, e-peas on 2026-07-08, and Qover on 2026-03-31 for $12M). The table spans 2026-02-04 to 2026-07-28 with disclosed rounds ranging from $70K (BubblyDoo on 2026-03-01) to $125M (Coultreon Biopharma).
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Frequently asked
Which disclosed rounds are true outliers versus the rest of the Belgium list?
Coultreon Biopharma’s $125M (2026-04-28) is the clear outlier: the next-largest disclosed amount is Delvaux’s $119M (2026-04-17), and the list then falls to $41M (Magnax on 2026-04-06) and $23M (Endo Tools Therapeutics on 2026-07-16). The smallest disclosed amount is $70K for BubblyDoo on 2026-03-01.
How concentrated are the biggest disclosed rounds in time compared with the full date range shown?
The two largest disclosed rounds—$125M (Coultreon Biopharma, 2026-04-28) and $119M (Delvaux, 2026-04-17)—sit in the same April 2026 window, followed by Magnax’s $41M on 2026-04-06. Compared with the overall range from 2026-02-04 to 2026-07-28, a disproportionate share of the top disclosed amounts lands in April to late May.
Do particular cities appear more than once enough to suggest local hubs in this dataset?
Ghent is the most repeated city name in the listing with 12 appearances, compared with Brussels at 6 and Antwerp at 5. Examples include Ghent rounds such as Timefold ($13M on 2026-06-23) and Tekst ($14M on 2026-05-07), while Brussels includes Financica (undisclosed on 2026-04-12) and Qover ($12M on 2026-03-31).
What sector shows the most visible clustering across multiple entries (by repeated keyword), and what are examples across dates/amounts?
Artificial Intelligence (AI) appears repeatedly across different rounds and dates, including Timefold ($13M on 2026-06-23), Ventory ($3M on 2026-05-12), and Orion Intelligence (Series Unknown, $550K on 2026-05-19). Other AI-labeled entries include Nyxoah ($15M on 2026-06-17) and Corbenic AI (Pre-Seed, undisclosed on 2026-06-10).
How much of the funding activity is concentrated in “Series Unknown” versus named stages?
“Series Unknown” is common across the 43 disclosed rows, with examples like BrightAnalytics (undisclosed, 2026-07-09), e-peas ($22M, 2026-07-08), and Qover ($12M, 2026-03-31). This matters for diligence because several of the largest disclosed rounds are also outside clearly labeled stages, such as Endo Tools Therapeutics ($23M with Series Unknown on 2026-07-16) and Magnax ($41M with Series Unknown on 2026-04-06).
Which entries fall closest to the top end of recency within this 2026-02-04 to 2026-07-28 window?
The most recent round in the list is QuotCraft’s $17M on 2026-07-28, followed by Endo Tools Therapeutics ($23M on 2026-07-16) and e-peas ($22M on 2026-07-08). At the other temporal edge, the oldest shown date is 2026-02-04 with Runeasi at $1M.
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