AI drove Belgian startup funding near €500M in H1 2024, report finds

Private capital investment in Belgian startups has exceeded €470mn in the first half of 2024, compared to a total of €424mn in 2023. At the current rate of spending, the country’s tech ecosystem is heading for a record funding year. That’s according to the State of Belgian Tech Report, published today. It combines data from Dealroom, a survey of over 130 startup founders, and interviews with Belgian entrepreneurs and investors. According to the findings, the average amount of investment per round per stage has steadily increased between 2018 and 2024 to date. It has tripled at the seed and Series…

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