Fundraising Fox

PMV

Government fund

Brussels · Pre-Seed–Late Stage · 6 people tracked

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Investment thesis

PMV positions itself as a financial partner for companies at every stage of development, from start-ups and scale-ups to established SMEs and sole proprietors, as well as for specific projects. It offers a mix of capital, loans and guarantees through both standard and tailor-made solutions. With a mission tied to the future of Flanders, PMV invests in promising and innovative technologies, including life sciences and care, and helps shape the strategy of the companies it backs. Its focus is on contributing to regional economic development while helping entrepreneurs realize their ambitions.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Brussels, BE
Leads rounds
Leads
Instruments
Equity · Debt
Last 12 months
2 investments
Tracked investments
135

Team · 6 people

from the firm's website & curated

What they invest in

from 66 of 135 portfolio companies

Biotech ×16AI & Machine Learning ×15SaaS ×15Healthtech ×14Hardware ×12Medical Devices ×9Advanced Manufacturing ×7Consumer ×7

HQs:Belgium×28United States×2Canada×1Denmark×1Netherlands×1

Investments · 135 tracked

founders shown can be your intro path

By year:2025 · 32023 · 12021 · 15 dated

Rwdtxrwdtx.comin✓ verified

Rewind Therapeutics is a biotech company developing first-in-class remyelination therapeutics that aim to repair the myelin sheath in patients with diseases such as multiple sclerosis, optic neuritis, and nerve injuries.

BiotechDeep TechHealthtechLeuven, BE

Co-investorsBoehringer Ingelheim Venture FundM VenturesSunstone Capital

Willowwillow.coin𝕏✓ verified

Willow (originally founded as Contento) offers social media management for small and medium-sized B2B professional service providers, combining a scheduling and content platform with AI tools and human social media coaching.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSGhent, BE

Ludwig Dumont(Founder)in

Co-investorsSmartFin

A11
Aelin Therapeutics
All Weather Terminal
Alu Comfort
Anetaaneta.companyMay 2023

Aneta operates an email-based AI research service that runs 15 specialized agents across academic, market, technical, and legal sources for days to produce long, citation-backed research reports.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsPebblebedAndera PartnersBGVForbionFountain Healthcare PartnersHTGF+2 more

Animabanimab.com

Animab is a biotechnology company developing oral antibody-based products that target intestinal pathogens to improve gut health in livestock, with a focus on protecting piglets during the post-weaning stage.

AgTechBiotechDeep Tech

Co-investorsAgri Investment FundQbic FundV-Bio Ventures

ANL
Antwerp Hospital Network
Apheaaphea.bio

Aphea.Bio develops biological crop protection products and biostimulants, including bioinsecticides targeting crop pests.

AgTechBiotech

Co-investorsAstanor VenturesEuropean Circular Bioeconomy FundInnovation IndustriesV-Bio Ventures

Aquafin
argenxargenx.com

argenx is an immunology company that operates an antibody innovation ecosystem where scientists and antibody engineers develop novel targets, disease pathways, and therapeutic antibodies.

BiotechHealthtech

Co-investorsAvoro Capital AdvisorsMPM BioImpact

ÅSKA BIKEaska-bike.comin

ÅSKA builds full-suspension speed pedelecs (45 km/u e-bikes) with wide tires, belt drive, gearbox and rear-wheel motor, designed for daily commuting on Belgian roads and rough surfaces.

ConsumerHardwareMobility & Transportation

Aspect Analyticsaspect-analytics.cominSep 2025

Aspect Analytics develops Weave, software that aligns and analyzes spatial and molecular data (spatial transcriptomics, proteomics, metabolomics, mass spectrometry imaging, and histology) at single-cell precision to study cellular neighborhoods and tissue architecture.

AI & Machine LearningBiotechSaaS

Co-investorsCapricorn Venture PartnersHeran Partners

Astrivaxastrivax.com

Astrivax develops virus-targeted immunotherapies using its Launch-iT platform to eliminate cancer-causing viruses before they lead to disease, with an initial focus on HPV-driven cancers.

BiotechHealthtech

Co-investorsFund+KorysV-Bio Ventures

Augustine Therapeuticsaugustinetx.comin

Augustine Therapeutics is a biotech company developing HDAC6-targeted therapies for peripheral neuropathies such as Charcot-Marie-Tooth disease and chemotherapy-induced peripheral neuropathy, as well as neurodegenerative disorders like ALS.

BiotechMedical Devices

Co-investorsAdBio partnersJeito CapitalNovo HoldingsV-Bio VenturesAsabys Partners

Avantiumavantium.comin𝕏

Avantium develops innovative plant-based materials designed to replace fossil fuel-derived chemicals and advance the transition to a circular economy.

Circular EconomyCleantechNew MaterialsNetherlands, NL

Co-investorsAster CapitalCapricorn Venture PartnersNV NOMSignet Healthcare PartnersSofinnova Partners

Azumutaazumuta.comin𝕏Nov 2025

Azumuta offers a cloud-based Manufacturing Execution System (MES) that manages shop floor operations including digital work instructions, quality checks, production orders, traceability, and machine and ERP integrations.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareFuture of WorkIoTSaaSGhent, BE

Batist Leman(CEO)in

Co-investorsCapricorn Venture PartnersKeen Venture PartnersAngelwise

B2Bikeb2bike.bein

B2Bike designs custom bicycle mobility plans for organizations, offering bike policies via purchase or leasing along with supporting measures such as info sessions and bike parking.

Mobility & Transportation

BAC
Bao Livingbaoliving.comin

Bao Living produces SAM (Smart Adaptable Module), a prefabricated modular core that integrates kitchen, bathroom, storage, electricity, heating, and ventilation into a single unit installed in 1-3 days, adding usable living space to residential projects.

Beerselectbeerselect.bein

A Belgian website publishing blog content about beer brewing, covering topics such as quality control and the brewing process.

Media & Entertainment

Beguinage Sint-Truiden
Belgian Growth Fundbelgiangrowthfund.be

Belgian Growth Fund operates fund-of-funds vehicles that invest in late-stage venture, growth, and buy-out funds.

Belwind
beMatrixbematrix.comin

bematrix produces a modular aluminum frame system used to build temporary structures such as exhibition stands, congress walls, indoor and outdoor events, and pop-ups.

Construction TechHardwareNew Materials

Biocartisbiocartis.comin𝕏

Biocartis develops Idylla, a fully automated real-time PCR molecular testing system that delivers biomarker results in about three hours for oncology applications.

BiotechHealthtechMedical Devices

Co-investorsAdvent Life SciencesKorysNew Rhein Healthcare Investors, LLC

Biogazellebiogazelle.com

Biogazelle provides genomic and transcriptomic laboratory services from ISO17025-accredited and GCLP-compliant labs, supporting research, diagnostics, therapeutics, and clinical trials.

BiotechDigital HealthHealthtech

Biotalysbiotalys.comin𝕏

Biotalys develops protein-based biocontrol products for crop protection, giving farmers tools to prevent crop loss and extend post-harvest protection while reducing food waste.

AgTechBiotechFoodTechGhent, BE

Co-investorsAgri Investment FundSofinnova Partners

Bloom Technologies
Blue Gate Antwerp
Bluebee

Cloud-based accelerated genomics platform for genomic labs and diagnostics.

Co-investorsCapricorn Venture PartnersKorys

Bluechembluechem.bein

BlueChem is an incubator for sustainable chemistry, offering flexible workspaces, private offices, meeting rooms and equipped laboratories to start-ups and scale-ups developing chemical innovations.

Circular EconomyCleantechNew MaterialsAntwerp, BE

Boritborit.bein

Borit designs and manufactures thin metal bipolar plates and interconnects for hydrogen fuel cells and electrolyzers, including PEM applications.

Advanced ManufacturingCleantechEnergy

Brauzzbrauzz.com

Brauzz. offers laundry detergent products, including a "POWR" detergent that uses enzyme technology and is positioned on ease of dosing, cleaning capacity, and cost per wash.

ConsumerDirect to ConsumerE-commerce

Co-investorsPitchdrive

Brussels Philharmonic Foundation
BubblyDoo
Cascadorcascador.healthin

Cascador Health provides a platform (Cascador Edge/Merge) that collects, anonymises, and analyses real-world healthcare data to generate real-world evidence for healthcare providers, life science companies, research groups, and government agencies.

Data & InfrastructureDigital HealthHealthtech

Co-investorsQbic FundVolta Ventures

Casino Kortrijk
Chili Publishchili-publish.comin𝕏

CHILI GraFx is a creative automation SaaS platform for producing personalized, on-brand graphical content at scale across print, digital, and in-store channels.

AdTechMarketing TechSaaS

Co-investorsPamica NVVolta Ventures

Choco Yoco
Chocolate Nationchocolatenation.bein

Chocolate Nation is an experience museum in Antwerp dedicated to the story of Belgian chocolate, guiding visitors through fourteen themed rooms with chocolate tastings.

ConsumerFoodTechMedia & EntertainmentAntwerp, BE

Cloudalize
Clouds Of Care

Co-investorsWhite Fund

Dentiusdentius.bein

Dentius operates a network of multidisciplinary dental clinics offering services such as aesthetic dentistry, implantology, orthodontics, periodontology, and pediatric dentistry.

Healthtech

Dockx
Dripldripl.bein

Dripl offers an all-in-one smart dispenser (Dripl Flow, in built-in and free-standing models) that serves personalized functional and flavored drinks with adjustable taste, temperature, and carbonation for workplaces.

Circular EconomyHardwareWellness & Fitness

Co-investorsFaraday Venture Partners

dScribe

Co-investorsAngelwise

Eden animal crematorium
Elegnano
Epico
eTheRNAetherna.be

Co-investorsFund+

Europortseuroports.comin

Euroports operates a network of around 50 port terminals and logistics platforms across Europe and Asia, handling liquid, bulk, breakbulk and containerised goods.

Logistics & Supply Chain

Co-investorsAntin Infrastructure Partners

Exact Imagingexactimaging.comin𝕏

Exact Imaging develops the ExactVu micro-ultrasound platform, a 29 MHz imaging system that lets urologists perform real-time targeted and systematic prostate biopsies within a standard workflow.

HardwareHealthtechMedical DevicesMarkham, CA

Randy AuCoin(President & CEO)William Wortman(Director)Rob Sandler(Executive Officer)Harold Wodlinger(Director)Jerrold Wen(Executive Officer)Diane Lejeune(Director)

Co-investorsiGan PartnersLumira VenturesVenture OntarioVesalius Biocapital Partners

FEopsfeops.comin

FEops develops FEops HEARTguide, a cloud-based platform that uses AI and predictive simulation to analyze cardiac CT scans and plan structural heart procedures such as TAVI and left atrial appendage occlusion.

AI & Machine LearningDigital HealthMedical Devices

Co-investorsCapricorn Venture Partners

Flamingo Therapeutics

Co-investorsAndera Partners

Flindr Therapeutics

Aims to restore a patient's impaired immune response to cancer.

Co-investorsQbic Fund

Exits · 1

IPOs and acquisitions across the tracked portfolio

Waylayacq. by Vertiv

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has PMV made?
PMV has 130 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does PMV invest at?
PMV invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does PMV focus on?
PMV focuses on Biotech, Deep Tech, Digital Health, Healthtech, Sector Agnostic.
Where is PMV located?
PMV is headquartered in Brussels, BE.
Does PMV lead rounds?
Yes, PMV leads investment rounds.
Who does PMV co-invest with?
PMV most often shares deals with Capricorn Venture Partners, Korys, V-Bio Ventures, among 55 tracked co-investors.

Images

PMV photoPMV photoPMV photo

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