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Geographies/Belgium/2011

Belgium startup funding in 2011

European tech funding raised by Belgium startups during 2011.

In 2011, 15 startups in Belgium closed 16 funding rounds and raised €17M in equity funding (excluding debt and grants). Fintech was the most active sector, and GIMV was the most active investor. Data as of 4 Nov 2026.

Equity funding
€17M
excl. debt & grants
Funding rounds
16
Companies
15
Top sector
Fintech

Belgium: last three years

change vs the year before
YearEquityChangeRoundsChangeDebt
2009€9.3M-63.0%12-7.7%—
2010€54M+488.2%11-8.3%—
2011€17M-68.7%16+45.5%—
Rank in Europe
#17
0.6% of European funding
Top-10 round share
99.0%
of disclosed capital

Funding by month

€ raised vs rounds, by month
Belgium — funding by month, 2011 — interactive chart.
Data table
FundingRounds
Jan€350k1
Feb€4.2M1
Apr€1.3M2
Jun€535k2
Jul€7.4M4
Aug€476k2
Oct€2.2M3
Dec€600k1

Top sectors

by € raised
Belgium — top sectors by capital, 2011 — interactive chart.
Data table
Belgium — top sectors by capital, 2011
Cleantech€4.2M
Energy€4.0M
Semiconductors€4.0M
Fashion€2.8M
Healthtech€2.2M
Software€1.7M
Fintech€1.3M
Marketing€851k

Stage mix

by € raised
Belgium — stage mix, 2011 — interactive chart.
Data table
Belgium — stage mix, 2011
Early VC€9.0M
Series B€4.2M
Seed€2.6M
Other€610k
Series A€600k

Exits & M&A

1 Buyout

1 exit.

Largest equity rounds

by disclosed amount, 2011
CompanyStageDateAmount
NovoPolymersSeries BFeb 2011€4.2M
EpiGaNEarly VCJul 2011€4.0M
BAUNATEarly VCJul 2011€2.8M
CartageniaEarly VCOct 2011€2.2M
XpenditureSeedApr 2011€1.3M
GetyooOtherJul 2011€600k
AucteliaSeries ADec 2011€600k
Dialog SolutionsSeedJun 2011€500k
dINKSeedAug 2011€351k
JiniSeedJan 2011€350k
View all 16 Belgium deals in 2011 →

Top investors

most active in 2011, by deal count

Source: Tech.eu Funding Explorer · data as of 4 Nov 2026 · licence CC BY 4.0 · Methodology

← All-time Belgium funding