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Flanders

State · Belgium · Pop. 6.7M · #40 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.

Enterprise value

How much Flanders’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Flanders, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

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.

Startup funnel

Flanders's startup funnel

Companies headquartered in Flanders at each stage today, by total VC raised. Hover a bar for the split.

622
Startups
$100K–15M raised

193 pre-seed · 252 seed · 177 Series A

98
Breakouts
$15–100M raised

69 Series B · 29 Series C

14
Scaleups
$100M+ raised

10 Mega · 4 Mega+

10
Unicorns and/or $100M+ revenue

6 valued at $1B+ · 7 with $100M+ revenue · 3 both

Source: Dealroom.co

Quarterly report

Flanders's latest quarter in venture capital

VC raised by Flanders-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

 

Loading VC raised by Flanders-headquartered companies…

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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Academia

Flanders's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Flanders.

University-linked startup formation
457
University spinouts
1,502
Total alumni-founded companies
1,170
Of which startups (<$15M raised)
270
Breakouts ($15M-100M)
62
Scaleups ($100M+)

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.

$181B
$112B
Flanders
$84.3B

Combined enterprise value of each ecosystem.

Get the full Flanders ecosystem on Dealroom

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