PMV — Full Portfolio

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

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

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

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

AgTechBiotech

Co-investorsAstanor VenturesEuropean Circular Bioeconomy FundInnovation IndustriesV-Bio Ventures

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 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 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

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 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

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

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

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

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.

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

Media & Entertainment

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

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

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

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

BiotechDigital HealthHealthtech

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

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

Co-investorsCapricorn Venture PartnersKorys

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

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

Advanced ManufacturingCleantechEnergy

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

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

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

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

Co-investorsWhite Fund

Co-investorsCapricorn Venture PartnersFund+Quest for GrowthV-Bio VenturesBioGeneration Ventures

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

Healthtech

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

Co-investorsAngelwise

Co-investorsAndera PartnersFountain Healthcare Partners

Co-investorsFund+

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 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

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

Co-investorsAndera Partners

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

Co-investorsQbic Fund

Gerantis provides property management services for co-owners associations and private owners, handling common-area management, tenant follow-up, technical maintenance, and legal obligations, supported by a digital platform called Dobby for financial reporting and decision-making.

PropTechSaaS

Co-investorsM80 Partners

hsbcad provides software for the offsite and prefabricated construction industry, supporting design, manufacturing, and onsite assembly workflows.

Construction TechSaaS

Co-investorsCapricorn Venture Partners

Inopsys offers on-site mobile and modular side-stream systems that purify contaminated water and solvents and recover valuable components such as precious metals for chemical and pharmaceutical industry clients.

Circular EconomyCleantechNew Materials

InvestSuite provides white-label investment software for financial institutions, including investment platforms, portfolio construction tools, and performance reporting (StoryTeller).

Enterprise SoftwareFintechSaaS

IVEX provides software solutions for testing and validation of ADAS (advanced driver assistance systems) and autonomous driving systems, using real-world driving scenarios to evaluate vehicle safety.

AI & Machine LearningDeep TechMobility & Transportation

Jardinico designs and supplies exclusive outdoor furniture and decorative pieces for gardens and terraces, distributing its collections internationally through distributors, independent agents, and local dealers in both retail and contract markets.

Consumer

JUUNOO makes modular office pods and demountable glass and solid wall systems that can be moved and reconfigured to adapt to changing workspace layouts.

Circular EconomyConstruction TechFuture of WorkNew York, US

KAAI designs functional yet stylish handbags and work bags for active, professional women, with a focus on timeless design and organization.

ConsumerDirect to ConsumerE-commerceAntwerp, BE

Ine Verhaert(Co-founder)Helga Meersmans(Co-founder & Designer)

Co-investorsArts AllianceJolt CapitalMunich Venture Partners

Loop makes reusable earplugs designed for hearing protection, sleep, focus, and social settings, sold directly to consumers.

ConsumerDirect to ConsumerWellness & FitnessAntwerpen, BE

Dimitri O(Co-founder)Maarten Bodewes(Co-founder)

Luminex builds networking hardware and software for audio, video, and lighting, including managed AV switches (GigaCore), Ethernet-to-DMX converters (LumiNode), DMX splitters (LumiSplit), and the Araneo network planning and monitoring tool.

HardwareIoTMedia & Entertainment

MICLEDI Microdisplays designs and develops microLED display modules for augmented reality devices, focusing on resolution, brightness, power efficiency, image quality, and low-cost high-volume manufacturing.

Deep TechHardwareSemiconductors

Co-investorsimec.xpand

miDiagnostics develops a portfolio of molecular diagnostic tests focused on speed, accuracy, and quality to support healthcare professionals at the point of care.

BiotechHealthtechMedical Devices

Co-investorsPamica NV

Minze Health develops solutions for diagnosing and managing lower urinary tract symptoms (LUTS), such as those caused by benign prostatic hyperplasia (BPH) or overactive bladder (OAB).

Digital HealthHealthtechMedical Devices

Co-investorsCapricorn Venture PartnersWhite Fund

Newtec designs and manufactures weighing, packaging, and sorting machinery, including automatic container filling systems, engineered in Denmark.

Advanced ManufacturingFoodTechHardware

Nobi makes AI-powered smart lamps for senior living and residential care communities that detect falls within seconds, alert caregivers, and help prevent falls through smart lighting and real-time notifications.

AI & Machine LearningHealthtechIoT

Co-investors15th RockEQT Life SciencesAngelini Ventures

Odette Lunettes is a Belgian designer eyewear brand offering two collections of glasses, with a chatbot and home/in-store try-on options to help customers find frames.

ConsumerDirect to ConsumerE-commerceAntwerp, BE

Oqton develops software for additive manufacturing, including tools for design, build preparation, simulation, monitoring, and production control (3DXpert, Manufacturing OS, AMVero, and a digital warehouse for certified spare parts).

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsFortino Capital

Ovinto offers an AI-driven, API-first supply chain orchestration platform that centralizes and connects a company's existing software tools into one environment, using conversational AI, dashboards, and automation to provide real-time visibility and analytics.

AI & Machine LearningLogistics & Supply ChainSaaS

PanTera develops actinium-225, a therapeutic radioisotope used in precision cancer treatment through radiotheranostics, serving oncology patients and pharmaceutical companies globally.

BiotechDeep TechHealthtechMedical DevicesMol, BE

Sven van den berghe(CEO)Christophe Malice(CBO)Samy Bertrand(CTO)Yves Sterckx(Director of Finance & Administration)Philippe Vanwolleghem(Director Quality, Regulatory Affairs & HSE)

Co-investorsEQT Life SciencesKorysKurma PartnersLSP (Life Sciences Partners)

Parkwind develops, finances and operates offshore wind farms, offering green energy to communities, governments and suppliers.

CleantechClimate TechEnergy

Co-investorsKBC

Protealis breeds legume crops such as soybeans and yellow peas and develops proprietary seed coatings with nitrogen-fixing bacteria adapted to the European climate.

AgTechBiotechFoodTechGent, BE

Benjamin Laga(Co-founder & CEO)Jonas Aper(Co-founder & Director of Breeding)

Co-investorsAgri Investment FundInnovation IndustriesKorysV-Bio VenturesEstari GroupVIB

Qollabi offers an AI agent that integrates with Broker Management Systems (such as Brio and BrokerCloud) to help insurance brokers prevent client churn, identify cross- and upsell opportunities, and automate personalized campaigns and workflows.

AI & Machine LearningInsurTechSales Tech

Co-investorsAngelwiseKPN Ventures

QustomDot develops cadmium-free, solvent-free quantum dot inkjet inks for direct on-chip color conversion, marketed under its QustomJet platform.

Deep TechHardwareNew MaterialsGhent, BE

Co-investorsVIGO Ventures

REIN4CED develops thermoplastic composite materials and manufacturing processes with a focus on recyclability, reusing and recycling in-house waste to create new products.

Advanced ManufacturingCircular EconomyNew Materials

Relu provides AI-based design software for dental labs, automating CAD work for restorative, orthodontic, and mouth guard cases such as crowns, retainers, custom trays, and night guards.

AI & Machine LearningHealthtechSaaS

Co-investorsDIA

Co-investorsKorys

RheaVita develops the RheaLyo continuous, controlled GMP-ready freeze-drying (lyophilization) technology for high-value biologics such as drugs and vaccines.

Advanced ManufacturingBiotechHardware

Co-investorsNovalis Biotech

Sentea develops fiber optic FBG sensing technology and compact data acquisition systems (interrogators) built on a silicon photonics chip to measure strain, temperature, vibration, pressure and other properties.

Deep TechHardwareIoT

Sequana Medical develops the alfapump system and DSR therapy for treating fluid overload in patients with conditions such as liver disease and heart failure.

BiotechHealthtechMedical DevicesGhent, BE

Co-investorsNewton BiocapitalBlackRockEQT Life SciencesKreos CapitalRosetta Capital Ltd.VI Partners+2 more

Skilpod designs and builds move-in-ready prefab modular timber-frame houses sold at a fixed all-in price, including solar panels and a home battery.

CleantechConstruction TechPropTech

StoryChief is a content operations platform that connects strategy, AI-assisted creation, collaboration, and multi-channel distribution in one system, using a company's own data, brand voice, and SEO/AEO inputs.

AI & Machine LearningMarketing TechSaaS

Gregory Claeyssens(Founder)inBrik De Maeyer(Founder)in

Co-investorsCapricorn Venture PartnersPeak

Co-investorseCAPITAL ENTREPRENEURIAL PARTNERSTIIN Capital

Teamleader develops business management software for SMEs, the self-employed and agencies, covering leads, contacts, projects, invoicing, expenses and reporting from a single platform.

Enterprise SoftwareFintechSaaSSales TechGhent, BE

Jeroen De Wit(Founder)in

Co-investorsKeen Venture PartnersFortino Capital

TechWolf builds AI-driven skills intelligence software that helps enterprises unlock and manage talent based on skills rather than job titles or credentials.

AI & Machine LearningEnterprise SoftwareHR TechGhent, BE

Mikael WornooAndreas De NeveinJeroen Van HautteinJeroen Van Hautte 🐺(Founder)in

Co-investorsAcadian Ventures Management, LlcFELIX CAPITALSyndicate One

Belgian video technology company behind THEOplayer and THEOlive, acquired by Dolby in 2024.

Co-investorsSmartFin

TrendMiner is an industrial analytics and AI platform that turns time-series operational data into actionable insights for process manufacturing.

Advanced ManufacturingAI & Machine LearningSaaS

Unifly develops a UAS Traffic Management (UTM) platform for digitalising airspace and drone traffic management, serving aviation authorities, drone operators, and UAM/AAM stakeholders.

HardwareMobility & TransportationSaaS

Varel Security installs and maintains security systems for homes and businesses, offering personalized advice, custom quotes, installation, regular maintenance, and 24/7 intervention support.

HardwareIoT

VaultSpeed provides data pipeline automation that generates Data Vault models and governed, runtime-free SQL/dbt transformations native to cloud data platforms like Snowflake, Databricks, and Azure.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsOctopus Ventures

Via Nova develops antiviral therapies targeting acute and subacute viral infections, including respiratory, gastrointestinal, and neurological infections.

BiotechDigital HealthMedical DevicesOakland, US

Donald Ganem(Executive Officer, Director)Benjamine Liu(Director)Ilan Zipkin(Director)

BoardJoseph Jimenez(Director)in

Co-investorsAditum Bio

Develops innovative antiviral technologies to fight viral diseases in livestock.

Co-investorsAgri Investment FundCapricorn Venture PartnersVIVES Partners

Belgian startup with a platform connecting IoT applications to enterprise IT systems and cloud services; raised 1.2M EUR led by PMV and AAAF.

Co-investorsAngelwise