Belgium's startup scene is a mix of established software companies and newer ventures in various fields. The country shows strong activity in sectors like SaaS, AI, and mobility.
For example, Odoo has secured over $1.1 billion in funding for its business software. Meanwhile, recent cybersecurity startup Aikido Security raised $24.6 million since its founding in 2022.
Below is our list of 100 Belgium startups worth keeping an eye on.
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Get the Sheet for $50Aikido Security provides a unified platform for code and cloud security, built specifically for developers. Their tool consolidates alerts from various scanners, helping teams prioritize and fix critical vulnerabilities without disrupting their workflow.
| Headquarters | Ghent, Oost-Vlaanderen, Belgium |
| Year Founded | 2022 |
| Founders | Felix Garriau, Roeland Delrue, Willem Delbare |
| Funding Amount | $24.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Singular, Inovia Capital, Notion Capital, Connect Ventures, Syndicate One |
Odoo builds a suite of open-source business management apps, including tools for CRM and ERP. Their integrated platform allows companies to manage various business functions from a single system.
| Headquarters | Louvain-la-neuve, Vlaams-Brabant, Belgium |
| Year Founded | 2005 |
| Founders | Fabien Pinckaers |
| Funding Amount | $1.1B |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Secondary Market |
| Top Investors | General Atlantic, BlackRock, Sequoia Capital, AVP, HarbourVest Partners |
Kpler provides real-time data and analytics for commodity markets, bringing transparency to global trade flows. Their platform offers critical intelligence on the movement of goods, helping traders and analysts make informed decisions in sectors like energy, shipping, and finance.
| Headquarters | Brussels, Brussels Hoofdstedelijk Gewest, Belgium |
| Year Founded | 2014 |
| Founders | Emeric De Vigan, François Cazor, Jean Maynier |
| Funding Amount | $185M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Insight Partners, Five Arrows Growth Capita |
Sunrise developed a virtual sleep clinic that uses a proprietary 3-gram sensor for at-home sleep diagnosis. Their technology provides medical-grade analysis, offering a convenient and accurate alternative to traditional sleep labs.
| Headquarters | Brussels, Brussels Hoofdstedelijk Gewest, Belgium |
| Year Founded | 2015 |
| Founders | Laurent Martinot, Pierre Martinot |
| Funding Amount | $49.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | Seventure Partners, Kurma Partners, European Innovation Council, Amazon Alexa Fund, Eurazeo |
Wooclap builds an interactive platform that helps make learning more effective during classes, conferences, and training sessions. Their tools allow presenters to engage audiences in real-time with polls, quizzes, and other interactive questions.
| Headquarters | Etterbeek, Brussels Hoofdstedelijk Gewest, Belgium |
| Year Founded | 2014 |
| Founders | Jonathan Alzetta, Olivier Verdin, Sébastien Lebbe |
| Funding Amount | $27.3M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | BNP Paribas, PMV, SFPIM, Finance.Brussels, Impact Expansion |
Showpad builds a revenue enablement platform that unifies content management, sales coaching, and buyer engagement for modern selling teams. This unified approach allows sales teams to easily find and share effective content while also receiving personalized coaching to improve their performance.
| Headquarters | Gent, Oost-Vlaanderen, Belgium |
| Year Founded | 2011 |
| Founders | Louis Jonckheere, Peter Minne, Pieterjan Bouten |
| Funding Amount | $159.5M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Insight Partners, Hummingbird Ventures, Dawn Capital, Silicon Valley Bank, Korelya Capital |
Lizy built a digital platform for all-inclusive car leasing designed for professionals and businesses. The service simplifies vehicle management by combining costs like insurance, taxes, and maintenance into one fixed monthly price.
| Headquarters | Ixelles, Brussels Hoofdstedelijk Gewest, Belgium |
| Year Founded | 2019 |
| Founders | Sam Heymans, Vincent Castus |
| Funding Amount | $115.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Debt Financing |
| Top Investors | NewAlpha Asset Management VC, La Francaise Group, Alychlo, D’Ieteren Group |
Cowboy builds connected electric bikes designed for navigating the modern city. Their ebikes are recognized for a minimalist aesthetic paired with an integrated mobile app for security and navigation.
| Headquarters | Brussels, Brussels Hoofdstedelijk Gewest, Belgium |
| Year Founded | 2017 |
| Founders | Adrien Roose, Karim Slaoui, Tanguy Goretti |
| Funding Amount | $156.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Index Ventures, Tiger Global Management, HCVC, Isomer Capital, Crowdcube |
TechWolf builds an AI-driven talent intelligence platform that helps enterprises map out their workforce's skills. The technology automatically creates up-to-date skill profiles for employees, allowing companies to make better decisions about hiring, development, and internal mobility.
| Headquarters | Ghent, Oost-Vlaanderen, Belgium |
| Year Founded | 2018 |
| Founders | Andreas De Neve, Jeroen Van Hautte, Mikaël Wornoo |
| Funding Amount | $55.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | The Twenty Minute VC, Workday Ventures, Fortino Capital, SAP, Stride.VC |
I-care Group builds predictive maintenance technology that uses AI and IoT to monitor the health of industrial machinery. Their platform helps companies prevent equipment failures and avoid costly operational downtime.
| Headquarters | Mons, Hainaut, Belgium |
| Year Founded | 2004 |
| Founders | Arnaud Stievenart, Fabrice Brion |
| Funding Amount | $64.4M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Noshaq, S.R.I.W., CPH Banque, Invest Mons Borinage Centre, Amerigo Fund |
90 Additional Belgium Startups Worth Following
Our top 10 picks are just a small slice of what’s happening in Belgium right now. New companies are popping up in fields like AI and biotech, and together they have raised over $2 billion in funding.
Some of these startups are just getting started, while others are already scaling quickly. Here’s a look at the other companies that are shaping Belgium's startup scene.