Belgian tech startups secured €1.09 billion in the first half of 2026. The market was heavily influenced by a few large transactions, with Kpler alone accounting for approximately 79 percent of the total capital raised.
The analytics sector led by investment value, followed by software and transportation. Early-stage activity remained robust, with Series A rounds totaling around €50 million, seed funding reaching €38 million, and pre-seed rounds securing €5.5 million.
Kpler raised $1 billion in growth equity to expand its trade intelligence platform. Other notable rounds included Aikido Security with $60 million in Series B, and Magnax, which secured €35.5 million for industrial motor production.
D-CRBN raised €17.5 million for its CO2 conversion technology, while Rainbow Crops secured €15.7 million across two rounds. Tekst, Timefold, Qover, Harmoney, neuroClues, and Warren also closed significant funding rounds during the period.
