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About startup landscape in Belarus

Belarus has over 1,634 startups across the country. Of these, 135 are funded companies that have collectively raised $1.15B in venture capital and private equity. A total of 72 investors have participated in 116 funding rounds, with 3 raising late-stage funding. In the last five years, 60 new companies have been founded. Startups in Belarus have witnessed 25 acquisitions and 29 IPOs, while 353 startups wrapped up operations. Additionally, 18 companies have been founded by women.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
IPOs
Acquisitions

Top Companies in Belarus

Gurtam is the top company in Belarus, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Belarus:
Company
Description
Location
Founded
Current Stage
Private Funding Raised
Provider of SaaS-based GPS tracking and fleet management solutions
Minsk (Belarus)
2002
Unfunded
-
Provider of internet, television, and telephony services
Minsk (Belarus)
1995
Unfunded
-
Provider of mobile telecommunication and internet services
Minsk (Belarus)
2002
Unfunded
-
Technology infrastructure for scalable iGaming operations
St. Julians (Malta)
2009
Unfunded
-
Online platform offering end-to-end management solutions for taxi operators
Minsk (Belarus)
2018
Unfunded
-
Get a longer list of companies

Recent Funding Rounds in Belarus

In the year 2025, till August 2025, $100K has been raised in 1 equity funding round across Belarus. In the same period last year (i.e. till May 2024), undefined had been raised across 1 round in Belarus. So, 2025 has seen a NaN% drop in funding in companies of Belarus as compared to 2024.
Here are some recent, important funding rounds in Belarus:
Company
Round Raised
Amount Raised
Funding Date
Investors
Seed
5279
Aug 25, 2025
-
Seed
5835
May 30, 2024
Seed
5536
Dec 20, 2022
Seed
1768
Aug 23, 2022
Seed
2677
Oct 08, 2021
See a more detailed list of funding rounds
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  • 1.6K+ Total Companies
  • $1.15B+ Total Funding
  • 130+ Funded Companies
  • 25+ IPOs
  • 20+ Acquisitions

Top Investors in Belarus

Europa is the top investor in companies of Belarus based on number of companies invested.
Here are some top investors in Belarus:
See a more detailed list of investors

Acquisitions in Belarus

In the year 2024, till September 2024, 1 acquisition happened in Belarus. Last year, in 2023, a total of 1 acquisition happened in Belarus.
Here are some recent, important acquisitions in Belarus:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Sep 20, 2024
-
Business Acquisition
Oct 04, 2023
Business Acquisition
Aug 25, 2022
-
Business Acquisition
Jan 25, 2022
Business Acquisition
2021
See a more detailed list of acquisitions

Top News about startups in Belarus

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FAQs about Startups in Belarus

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