Geographies/Belgium/2014

Belgium startup funding in 2014

European tech funding raised by Belgium startups during 2014.

In 2014, 28 startups in Belgium closed 29 funding rounds and raised €54M in equity funding (excluding debt and grants). Software was the most active sector, and Lean Fund was the most active investor. Data as of 4 Nov 2026.

Equity funding

€54M

excl. debt & grants

Funding rounds

Companies

Top sector

Software

Belgium: last three years

change vs the year before

Year	Equity	Change	Rounds	Change	Debt
2012	€26M	+50.5%	17	+6.3%	—
2013	€30M	+16.0%	18	+5.9%	—
2014	€54M	+82.7%	29	+61.1%	—

Break down 2014 by period

Half-year

Rank in Europe

#16

0.6% of European funding

Top-10 round share

85.8%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€250k	2
Feb	€296k	1
Mar	€13M	5
May	€20M	5
Jun	€1.8M	2
Jul	€1.1M	3
Aug	€1.0M	2
Sep	€427k	3
Oct	€1.6M	2
Nov	€7.0M	2
Dec	€8.0M	2

Top sectors

by € raised

Data table

	Belgium — top sectors by capital, 2014
Software	€36M
Healthtech	€13M
Marketing	€12M
Fintech	€7.0M
E-commerce	€2.0M
Consumer	€2.0M
Media	€1.5M
Transportation	€769k

Stage mix

by € raised

Data table

	Belgium — stage mix, 2014
Series B	€15M
Series A	€12M
Early VC	€8.0M
Growth/Late	€8.0M
Seed	€6.2M
Other	€5.4M

Exits & M&A

13 Acquisition

13 exits.

Largest equity rounds

by disclosed amount, 2014

Company	Stage	Date	Amount
Nyxoah	Series A	May 2014	€8.0M
Amplidata	Growth/Late	Mar 2014	€8.0M
OpenERP	Series B	May 2014	€7.2M
Showpad	Series B	Nov 2014	€6.8M
UnifiedPost	Early VC	Dec 2014	€6.0M
Cartagenia	Other	May 2014	€4.3M
NGDATA	Early VC	Dec 2014	€2.0M
TagTagCity	Series A	Mar 2014	€1.5M
Seaters	Seed	Mar 2014	€1.4M
CoScale	Seed	Mar 2014	€1.4M

View all 29 Belgium deals in 2014 →

Top investors

most active in 2014, by deal count

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

← All-time Belgium funding