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Brussels

Metro area · Belgium · Pop. 2.5M ·

Startup funnel

Brussels's startup funnel

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

255

Startups

$100K–15M raised

105 pre-seed · 100 seed · 50 Series A

Breakouts

$15–100M raised

22 Series B · 4 Series C

Scaleups

$100M+ raised

4 Mega · 1 Mega+

Unicorns and/or $100M+ revenue

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

Source: Dealroom.co

Quarterly report

Brussels's latest quarter in venture capital

Venture capital raised by Brussels-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

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Enterprise value

How much Brussels’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Brussels, 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 Brussels

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

Largest rounds

Largest funding rounds in Brussels

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

Largest rounds in Brussels - 2026

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

- rounds · - raised

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Academia

Brussels's academic flywheel

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

University-linked startup formation

University spinouts

397

Total alumni-founded companies

280

Of which startups (<$15M raised)

Breakouts ($15M-100M)

Scaleups ($100M+)

University ranking By alumni who went on to found startups

#	University	City	Founders	Companies
1	Université libre de Bruxelles	City of Brussels	512	573
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3
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Unlock the full university ranking for Brussels on Dealroom

Location comparison

How Brussels stacks up

Compare Brussels 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.

Ghent

$66B

Brussels

$13B

Antwerp

$9.7B

Leuven

$4B

Liège

$1.8B