Series Unknown Funded Startups in Belgium
Across these 50 Belgium “Series Unknown” rounds, the only clearly outsize disclosed check is Credix’s $60M (2023-11-14), which dwarfs the next-largest disc…
Across these 50 Belgium “Series Unknown” rounds, the only clearly outsize disclosed check is Credix’s $60M (2023-11-14), which dwarfs the next-largest disclosed amounts in the list: $35M (Choco on 2022-12-15) and the $17M at Cognivia (2024-04-18). Disclosed amounts are otherwise clustered mostly in the low-to-mid single-digit millions and a few larger bursts, while a substantial share of entries are undisclosed.
Geographically, the list concentrates in Brussels (Cowboy 2025-08-14; Easyvest 2024-10-04 at $14M; Soda 2024-07-11 at $14M), with additional density around Antwerp (Aloxy 2025-03-11 at $8M; Hydrobox 2024-11-26 at $9M; Otamiser 2024-06-25 at $3M) and Leuven/Vlaams-Brabant (Guardsquare 2025-07-03; Llama Group 2025-07-03). Temporally, it spans 2022-12-15 through 2025-08-14 (most recent: Cowboy, undisclosed on 2025-08-14), with many rounds landing in 2024. Sector-wise, AI and biotechnology recur most often, and 2025 shows several AI-linked rounds (e.g., ResultX $480K on 2025-05-26 and Taglayer $910K on 2025-04-17) alongside multiple undisclosed rounds.
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Frequently asked
Which disclosed round is an outlier in this Series Unknown Belgium set, and what sits next to it?
Credix’s $60M on 2023-11-14 is the standout disclosed outlier; the next-largest disclosed amounts are $35M at Choco (2022-12-15) and $17M at Cognivia (2024-04-18), making the top check substantially larger than the rest.
How much of this list is undisclosed vs. disclosed, and does that affect size comparisons?
More than a third of the 50 rows are “undisclosed” (e.g., Cowboy 2025-08-14; Guardsquare 2025-07-03; NannyML 2025-02-17), so the biggest/smallest comparisons apply only to the disclosed subset (with the smallest disclosed being $220K for Live the World on 2023-09-01).
Are there tight time windows where multiple rounds cluster, especially around 2024?
Yes: 2024 contains a dense run of rounds across several months, including multiple entries in October 2024 (Llama Group is 2025, but October includes Little Guest $600K on 2024-10-11, and JUUNOO $7M plus Paleo undisclosed on 2024-10-31). The full date span runs from 2022-12-15 to 2025-08-14, but the middle-year activity is noticeably heavier.
Do any cities or metro areas appear repeatedly enough to suggest a hub pattern?
Brussels shows repeated entries, including Cowboy (2025-08-14, undisclosed), Easyvest (2024-10-04, $14M), and Soda (2024-07-11, $14M), while Antwerp and Leuven/Vlaams-Brabant also recur with multiple companies (e.g., Aloxy $8M on 2025-03-11 in Antwerp; Guardsquare 2025-07-03 in Leuven).
Which sectors are most represented, and do AI rounds cluster in 2025?
AI and biotechnology appear most frequently across the list, and 2025 shows several AI-labeled rounds in close succession: ResultX ($480K on 2025-05-26), Taglayer ($910K on 2025-04-17), and Soda ($14M on 2024-07-11 but still part of the repeated AI pattern across years). Biotechnology also repeats across multiple years with several disclosed rounds such as Cognivia $17M (2024-04-18) and Amyl Therapeutics $7M (2023-11-07).
What’s the smallest disclosed amount in the table, and how does it compare to the top disclosed check?
The smallest disclosed amount is $220K for Live the World on 2023-09-01. That amount is far below the $60M top disclosed round for Credix on 2023-11-14, emphasizing a long disclosed tail beneath the largest checks.
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