At the current rate of spending, the countrystechecosystem is heading for a record funding year.

Thats according to the State of Belgian Tech Report, published today.

It has tripled at the seed and Series B stages and more than doubled at Series A.

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

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Other sectors that attracted investment are energy, professional services, and consumer goods.

This year has seen 22 exits so far.

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Belgium also counts four home-grown unicorns: Collibra, Odoo, Deliverect, and team.blue.

The latter reached a 4.8bn valuation in July.

Thats compared to 42% in Europe as a whole.

Ioanna Lykiardopoulou

One such challenge is attracting senior talent.

Ecosystems is one of the main themes at next yearsTNW Conference.

Early birds can now buy2-for-1 ticketsfor the June event.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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