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Flanders

State · Belgium · Pop. 6.7M · #39 region by EV

A public taster of the full Flanders ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

682 Pool of Funded Startups

New Startups

264 Annual Startups FoundedAll new ventures

102 Annual Startups FundedReceived investment

get funded 39%

579Startups

174 Pre-Seed Startups$100K–1M

237 Seed Startups$1–4M

Pre-Seed to Seed 20%

168 Series A Startups$4–15M

Seed to Series A 26%

90Breakouts

63 Series B Breakouts$15–40M

A to Series B 23%

27 Series C Breakouts$40–100M

B to Series C 35%

13Scaleups

10 Mega Scaleups$100–250M

reach Mega 1.5%

3 Mega+ Scaleups$250M+

reach Mega+ 0.44%

7Valuation Outcomes

6 Unicorns($1–10B valuation)

reach Unicorn 0.88%

1 Decacorns($10–100B valuation)

reach Decacorn 0.15%

Pre-Seed

174

Seed

237

Series A

168

Series B

Series C

Unicorn

Decacorn

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Largest rounds

Largest funding rounds in Flanders

A live treemap of the largest VC rounds. Each cell is one round into Flanders-headquartered companies, grouped by Dealroom sector.

Largest rounds in Flanders - 2026

Every $15M+ VC round into Flanders-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Flanders

VC investment into Flanders-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Location comparison

How Flanders stacks up

Compare Flanders with peers from the same country (Belgium) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

Nordics

$574B

Central Eastern Europe

$192B

Bavaria

$113B

Flanders

$80.2B

$26.3B

$24.3B

$16.6B

$14.5B

$14.2B

Combined enterprise value of each ecosystem.

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Flanders dataset — or see a sample on the Dealroom app.

Sector breakdown

Where Flanders's unicorns concentrate

Fintech

AI / Enterprise SW

Health Tech

Biotech

Cybersecurity

Consumer

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Capital autonomy

Flanders's domestic vs foreign capital mix

% domestic VC by stage

Cross-border lead investors

Sovereign-fund participation

Foreign-LP exposure

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Recent momentum

Flanders's VC investment trajectory by stage

2024 vs 2025 by stage

Round-size trends

Stage-conversion deltas

Quarterly velocity

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Founder origins

Where Flanders's startup founders come from

By country of origin

Per capita

Top universities

Top alumni-factory companies

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AI talent

Top employers of AI talent in Flanders

Core AI roles

Frontier AI roles

YoY hiring growth

Senior + lead engineers

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Deal flow

Live deal flow & funding rounds in Flanders

New rounds last 30 days

Stage breakdown

Active investors

Round-size trends

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More data

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Country Belgium Europe · Pop. 11.9M · #19 startup ecosystem by EV Region Europe Continent / region · #8 region by EV

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Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.

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