Startup investors in Belfast
Belfast has 300 investor-backed companies in Pulse, and 15 raised a first funding round in the last year.
- Investor-backed companies
- 300
- Active investors, 2 years
- 596
- Rounds, 2 years
- 81
- Median round
- £260k
Who is investing
In the last two years 134 funds, firms and family offices and 462 angels took shares in companies in Belfast, with the latest round in Oct 2026. These are the firms backing the most of these companies:
| Firm | Type | Companies |
|---|---|---|
| Invest Northern Ireland | Fund or investment firm | 16 companies |
| Clarendon Fund Managers Limited | Fund or investment firm | 15 companies |
| Clarendon | Fund or investment firm | 15 companies |
| Techstart Ventures II Limited Partnership | Fund or investment firm | 8 companies |
| Techstart Ni Sme Equity Limited Partnership | Fund or investment firm | 4 companies |
| Techstart Ventures II GP Limited | Fund or investment firm | 4 companies |
| Ascension | Fund or investment firm | 3 companies |
| Qubis Innovation Fund | Fund or investment firm | 3 companies |
See all 596 active investors, including angels, with what they've backed, estimated cheque sizes and who they invest alongside.
Rounds and valuations
Over the last two years, 81 funding rounds were raised by companies in Belfast, an estimated £227.8m, with a median round of about £260k. 15 of the companies raised their first priced round in the last 12 months. 37% of these valuations carry a High confidence rating.
How Belfast compares
Belfast accounts for 34% of the 890 investor-backed companies in the region. The median round of £260k is close to the £285k median for the region. The leading sectors are business services (61), software & it (52) and retail & ecommerce (31). By stage, 44 are at seed, 31 are at venture stage, 28 have exited. The most active firm in these companies is Invest Northern Ireland, in 16 companies.
Questions
How many investors back companies in Belfast?
Pulse found 596 outside investors taking shares in companies in Belfast in the last two years: 134 funds, firms and family offices, and 462 angels.
How much do companies in Belfast raise?
Over the last two years 81 rounds were raised, an estimated £227.8m in total. The median round was about £260k.
Which sectors raise the most in Belfast?
By number of investor-backed companies, business services (61), software & it (52), retail & ecommerce (31) lead in Belfast, and most companies are at the seed stage.
Can I see every investor?
Pulse subscribers see every outside investor by name, with portfolios and co-investors, from £39.99 a month plus VAT (£47.99 inc. VAT). Contact details are not included and names are not linked to personal profiles.