Belgium startup funding in H1 2014
European tech funding raised by Belgium startups during H1 2014.
In H1 2014, 14 startups in Belgium closed 15 funding rounds and raised €35M in equity funding (excluding debt and grants), up 252.2% versus H1 2013. Marketing was the most active sector, and Fortino Capital was the most active investor. Data as of 4 Nov 2026.
Equity funding
€35M
+252.2% vs H1 2013 · excl. debt & grants
Funding rounds
15
+87.5% vs H1 2013
Companies
14
Top sector
Marketing
Rank in Europe
#15
0.8% of European funding
Top-10 round share
98.0%
of disclosed capital
Funding by month
€ raised vs rounds, by monthBelgium — funding by month, H1 2014 — interactive chart.
Data table
| Funding | Rounds | |
|---|---|---|
| Jan | €250k | 2 |
| Feb | €296k | 1 |
| Mar | €13M | 5 |
| May | €20M | 5 |
| Jun | €1.8M | 2 |
Top sectors
by € raisedBelgium — top sectors by capital, H1 2014 — interactive chart.
Data table
| Belgium — top sectors by capital, H1 2014 | |
|---|---|
| Software | €19M |
| Healthtech | €12M |
| Marketing | €9.0M |
| E-commerce | €1.5M |
| Media | €1.5M |
| Consumer | €1.4M |
| Transportation | €769k |
| Gaming | €296k |
Stage mix
by € raisedBelgium — stage mix, H1 2014 — interactive chart.
Data table
| Belgium — stage mix, H1 2014 | |
|---|---|
| Series A | €11M |
| Series B | €8.2M |
| Growth/Late | €8.0M |
| Other | €5.2M |
| Seed | €3.2M |
Exits & M&A
5 Acquisition5 exits.
Top deals
largest disclosed rounds in H1 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 |
| Cartagenia | Other | May 2014 | €4.3M |
| TagTagCity | Series A | Mar 2014 | €1.5M |
| Seaters | Seed | Mar 2014 | €1.4M |
| CoScale | Seed | Mar 2014 | €1.4M |
| Teamleader | Series A | May 2014 | €1.0M |
| TextMaster | Series B | Jun 2014 | €1.0M |
| AMIA Systems | Other | Jun 2014 | €750k |
| Ojoo | Seed | Feb 2014 | €296k |
| Fear Hunters | Series A | Jan 2014 | €250k |
| Belgian Beer Discovery | Other | Mar 2014 | €159k |
| AMIA Systems | Other | May 2014 | €19k |
Top investors
most active in H1 2014, by deal count- Fortino Capital2 deals
- Capricorn Partners1 deals
- eFounders1 deals
- Hummingbird Ventures1 deals
- Intel Capital1 deals
- Javest Investment Fund1 deals
- MyMicroInvest1 deals
- Sofinnova Partners1 deals
- Alven Capital1 deals
- Swisscom Ventures1 deals