<ul><li>Belgian Tech raised almost €500M in H1 2024, surpassing €424M total funding in previous year</li><li>The inaugural ‘State of Belgian Tech Report’ combines current data analysis with an extensive founder survey</li><li>Early-stage financing rounds accounted for around 77% of capital raised by Belgian tech startups</li><li>Flanders made up 60% of Belgium’s GDP in 2022, received 52% of total tech startup investment</li><li>Over the last six years, the average amount invested per round per stage has increased</li><li>52% of the total investment volume is for software category</li><li>Four 'unicorns' have emerged in Belgium so far</li><li>Belgian VCs are on track to raise over €400M by end of the year</li><li>The share of foreign investors has been greater than that of Belgian investors since 2020</li><li>Survey results and interviews indicate that raising capital in early business stages in Belgium is less challenging</li></ul>

Belgian tech is on a path to sustainable growth with nearly €500M raised in H1 2024: State of Belgian Tech Report

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