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The Startup Ecosystem of Hasselt

Hasselt has 29 startups in our sample database. This represents about 3% of Belgium’s startups. Hasselt is the 8th best startup ecosystem in Belgium.

CITY RANKING

In 2024, the startup scene of Hasselt shows much promise after advancing in the Global Ecosystem Index by 27 spots.

National Ranking

8th
+
1
In Belgium

Regional Ranking

186th
+
16
In Western Europe

Global Ranking

602nd
+
27
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Hasselt Top Startup Industries

Hardware & IoT icon
Hardware & IoT
#226 worldwide

3 startups

Edtech icon
Edtech
#340 worldwide

3 startups

Healthtech icon
Healthtech
#354 worldwide

4 startups

Ecosystem HealthCheck

Hasselt Ecosystem Health Check

The health check tables allow you to look at the performance Hasselt has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global60229
Hardware & IoT226255
Edtech00.0000.0000.00
Healthtech00.0000.0000.00
Software & Data00.0000.0000.00
Ecommerce & Retail00.0000.0000.00
Energy & Environment00.0000.0000.00
Fintech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Hasselt

Download list
BookWidgets startup logo
Edtech | Education-Other
Unranked
Joyn Belgium startup logo
Software & Data | Enterprise Technology
Unranked
Cubigo startup logo
Healthtech | Health Care
Unranked
Bullswap startup logo
Hardware & IoT | Hardware & IoT-Other
Unranked
Hammer-IMS startup logo
Hardware & IoT | Hardware & IoT-Other
Unranked
Solithor startup logo
Marketing & Sales | Content Marketing
Unranked
Cake App startup logo
Software & Data | Apps
Unranked
Qviro startup logo
Hardware & IoT | Hardware
Unranked
Setle startup logo
Fintech | Financial Services
Unranked
UgenTec startup logo
Healthtech | Biotechnology
Unranked
EpiGaN startup logo
Hardware & IoT | Consumer Electronics
Unranked

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Startup Ecosystem Charts

Startup Funding in Hasselt2017 - 2024

Startup Funding in Hasselt 2017 - 2024

From 2022 to 2023, startup funding in Hasselt has decreased by 92.75%. During this period, the number of deals in Hasselt has decreased by 33.33%. Since 2017, total startup funding in Hasselt exceeded US$ $52.58M.

Average Funding in 2023

$348.55K

Hasselt
Belgium
-89.12% YoY

Funding in 2023

$1.39M

Hasselt
Belgium
-92.75% YoY

Deals in 2023

4

Hasselt
Belgium
-33.33% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B02468

Ecosystem

The Startup Ecosystem in Hasselt

Startups in Hasselt excel in Hardware & IoT, Edtech, and and Healthtech. There are some notable success stories contributing to the city’s growing Hardware & IoT industry. One of the most promising startups in Hasselt in 2024 is BookWidgets, Joyn Belgium, and Cubigo.

Global Rank

Hasselt is ranked within the top 1000 startup ecosystems globally.

Top Industries

Hasselt’s startups excel particularly in Hardware & IoT where it ranks 226 and in Edtech, and Healthtech. Find out more

Top Cities for Startups in Belgium - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
84th
-
12
9.205
00.00
00.00
00.00
2nd
0
126th
+
5
5.646
00.00
00.00
00.00
3rd
0
221st
+
20
2.116
00.00
00.00
00.00
4th
0
275th
+
14
1.488
00.00
00.00
00.00
5th
+
1
464th
+
87
0.572
00.00
00.00
00.00
6th
-
1
492nd
-
45
0.504
00.00
00.00
00.00
7th
0
592nd
-
30
0.337
00.00
00.00
00.00
8th
+
1
602nd
+
27
0.323
00.00
00.00
00.00
9th
-
1
675th
-
111
0.265
00.00
00.00
00.00
10th
0
967th
-
105
0.127
00.00
00.00
00.00
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Startups

Notable Startups in Hasselt
BookWidgets startup icon
BookWidgets
Joyn Belgium startup icon
Joyn Belgium
Cubigo startup icon
Cubigo

ECOSYSTEM

Why should you join Hasselt's Startup Ecosystem?

Overview

Within Hasselt there is an increased attraction for entrepreneurs to set up their startups in industries such as Hardware & IoT, Edtech, Healthtech. These three industries represent about 34% of the startups represented on the Startup Ecosystem Map of Hasselt.

8th

National Rank

186th

Regional Rank

Overview

Hasselt is Belgium's 8th best startup ecosystem and is ranked 186th in Western Europe. With a population of <0.1M people, Hasselt is ranked 602nd in the world. The city has some notable startup success stories including BookWidgets.

ECOSYSTEM
Startup Infrastructure in Hasselt
With a large variety of initiatives, Hasselt's startup ecosystem stands out from other cities in Western Europe. Hasselt offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Hasselt's most prominent support initiatives:

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]

Wed Apr 02 2025

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For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]