Funded Startups in Brussels
Across the 50 most recent Brussels rounds, the largest disclosed amount is Tree Energy Solutions’ $152M on 2024-04-04, which dwarfs the next-largest disclo…
Across the 50 most recent Brussels rounds, the largest disclosed amount is Tree Energy Solutions’ $152M on 2024-04-04, which dwarfs the next-largest disclosed entries such as Delvaux at $119M (2026-04-17) and Cohabs at $73M (2022-11-16). Most other disclosed rounds sit far below this top tier, including multiple $14M rounds (Fyteko on 2025-02-13, Easyvest on 2024-10-04, and Soda on 2024-07-11) and several $1M–$5M checks (e.g., Confo Therapeutics at $1M on 2025-10-08; Enersee at $5M on 2025-09-11).
The date distribution shows a recent-heavy cluster: 2026 accounts for four disclosed rounds above, with Borro ($2M, 2026-05-27) and Delvaux ($119M, 2026-04-17) bookending that year’s entries. Stage reporting is also uneven: “Series Unknown” appears in 14 rows (including Delvaux’s Series Unknown at $119M on 2026-04-17 and Qover at $12M on 2026-03-31), while “undisclosed” appears in 8 rows (e.g., Financica on 2026-04-12 and Backbone on 2026-04-02). Sector-wise, Financial Services appears 7 times (e.g., Borro $2M in 2026, Qover $12M in 2026-03-31, and Greenomy $6M on 2023-01-31).
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Frequently asked
Which Brussels round is the clearest size outlier, and how separated is it from the rest of the disclosed amounts?
Tree Energy Solutions’ $152M on 2024-04-04 is the top disclosed amount in the list and it sits well above the next-largest disclosed rounds such as Delvaux at $119M (2026-04-17) and Cohabs at $73M (2022-11-16), creating a clear top tier rather than a smooth distribution.
How concentrated are rounds in time within this “most recent” slice, and what does that imply about near-term activity?
The rows span 2021-04-01 (AppTweak, $22M) through 2026-05-27 (Borro, $2M). Within the most recent year, multiple rounds land in 2026 (e.g., Borro $2M on 2026-05-27; Qover $12M on 2026-03-31; Superlinear $7M on 2026-01-13), indicating near-term clustering rather than evenly spread activity.
What share of entries lack a defined disclosed amount or a defined named series, and which companies illustrate the two cases?
“undisclosed” appears in 8 rows (e.g., Financica on 2026-04-12; Backbone on 2026-04-02; Enhesa on 2023-01-10), while “Series Unknown” appears in 14 rows (including Delvaux at $119M on 2026-04-17 and Qover at $12M on 2026-03-31). That combination suggests investors often disclosed either money without a named stage or stage without a disclosed amount.
Are any sectors over-represented in this Brussels list compared with the rest?
Financial Services is the only sector that appears in 3+ entries, with 7 occurrences (e.g., Borro at $2M on 2026-05-27; Qover at $12M on 2026-03-31; Greenomy at $6M on 2023-01-31). Other sectors show up in lower counts, such as AI appearing multiple times but not at the same frequency as Financial Services in the visible rows.
If screening for unusually small disclosed rounds, what are the extremes and where do they occur?
The smallest disclosed amount is $50K for NietsCo on 2025-09-30 (Equity Crowdfunding). The bottom appears alongside a wider set of micro-to-small rounds (e.g., Llama Group $290K on 2025-11-06; Zapio $320K on 2023-09-01), which can be used as a lower bound when calibrating outbound lists or diligence targets.
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