# PMV

> PMV is a VC fund in Brussels backing Software and Biotechnology. See 157 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Brussels, Belgium
- Total investments: 157
- Last investment: May 2026
- Lead investor: 22%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/pmv---doe-en-durfbedrijf
- X (Twitter): https://twitter.com/pmvnv
- Website: http://www.pmv.eu/en

PMV is a do and dare company that is shaping the future of the Flemish economy.It provides funding for promising companies' businesses, from the day they first open their doors, through their various growth stages and even on to operating internationally.Working with and for the government and other partners, PMV implements projects thatare important for prosperity and well-being in Flanders.PMV is convinced that entrepreneurship is crucial for the development of a prosperous future for Flanders and everyone who lives there. It firmly believes that every promising enterprise project in Flanders needs to find funding – but also that every business needs to be profitable in order to be sustainable. Which is why PMV and the companies and projects in which it invests must be profitable in the end.

## Contacts

5 contacts available for PMV. Shizune tracks 15 team members at PMV. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/pmv-eu?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$3.8M |
| Series A | $2.7M–$40M |
| Series B | $6.6M–$42M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 30 | 19% |
| Biotechnology | 20 | 13% |
| Health Care | 19 | 12% |
| SaaS | 17 | 11% |
| Artificial Intelligence | 12 | 8% |

174 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 37 | 24% |
| Series A | 36 | 23% |
| Series B | 19 | 12% |
| Funding Round | 16 | 10% |
| Series C | 7 | 4% |

13 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Belgium | 87 | 55% |
| United States | 5 | 3% |
| The Netherlands | 4 | 3% |
| Brazil | 1 | 1% |
| Canada | 1 | 1% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Stefan De Waele | Senior Investment Manager | 1 | https://shizune.co/investors/profile/stefan-de-waele |
| Bart De Taeye | Investment Director | 1 | https://shizune.co/investors/profile/bart-de-taeye |
| Christine Claus | Director | 0 | https://shizune.co/investors/profile/christine-claus |
| Clair Ysebaert | Director | 0 | https://shizune.co/investors/profile/clair-ysebaert |
| Diane Lejeune | Senior Investment Manager, Life Sciences and Care | 1 | https://shizune.co/investors/profile/diane-lejeune |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Borro | Borro focus on sustainable event solutions. Borro addresses key challenges like reusable cups, fraud prevention, reduced transaction costs, and improved visitor experience. | $1.5M | Seed | May 27, 2026 |  |
| Biotalys | Biotalys is an Agricultural Technology (AgTech) company that employs its proprietary Agrobody technology platform to develop crop and food protection products. The company develops a new generation of protein-based biocontrol solutions, shaping the future of sustainable and safe food supply. Biotalys' unique protein-based biocontrols combinethe high-performance characteristics of chemicals with the clean safety profile of biologicals, making them ideal crop protection agents for both pre- and post-harvest applications.It was incorporated in 2013 and is based in the Biotech hub in Ghent, Belgium. | $14.1M | Post-IPO Equity | May 06, 2026 |  |
| Storm | Storm focuses on wind energy solutions, developing and managing wind farms for renewable energy production. |  |  | Mar 25, 2026 |  |
| Vectrix | Vectrix offers AI-based automation and consulting solutions for businesses and logistics companies to automate workflows. | $1.3M | Seed | Mar 05, 2026 |  |
| XFA | XFA secures devices by verifying security status at login via browser extension and apps. | $1.8M | Seed | Dec 12, 2025 |  |
| Rookoo | Rookoo offers an AI-driven platform that serves as a digital co-worker for event, hospitality, and tourism teams. The company's intelligent agent is an expert AI event planner/manager that handles all customer inquiries. It acts as a 24/7 front desk, managing initial intake, checking calendars against platforms like Yesplan,Tripleseat, and SevenRooms, and integrating seamlessly with the user's CRM. | $1M | Seed | Nov 14, 2025 |  |
| Azumuta | Azumuta is the most complete software tool that eliminates the use of paperwork in your factory. From digital work instructions to frontline communication, data analysis, and IoT connection. | $9.3M | Series A | Nov 13, 2025 |  |
| nxgsat | nxgsat is innovative software that allows for the smooth integration of 5G satellite and terrestrial wireless communication technologies. | $1.4M | Seed | Oct 21, 2025 |  |
| OnTracx | OnTracx combines wearable technology and intelligent load management software to support runners and professionals to avoid running injuries & return to run safely. | $1.4M | Seed | Sep 16, 2025 |  |
| Vandemoortele | Vandemoortele is a family-owned Belgian foods group with a European dimension. It manufactures and sells high-quality food products in two segments: frozen bakery products (Bakery Products) and margarines and fats (Lipids). | $117.4M | Debt Financing | Sep 12, 2025 |  |

10 of 157 investments shown.

## Co-investors
- [Qbic Fund](https://shizune.co/investors/profile/qbic-fund) — VC Fund, 21 deals together
- [Gemma Frisius Fund](https://shizune.co/investors/profile/gemma-frisius-fund) — VC Fund, 17 deals together
- [VIB](https://shizune.co/investors/profile/vib) — VC Fund, 16 deals together
- [Capricorn Partners](https://shizune.co/investors/profile/capricorn-partners) — VC Fund, 12 deals together
- [V-Bio Ventures](https://shizune.co/investors/profile/v-bio-ventures) — VC Fund, 12 deals together
- [Agri Investment Fund](https://shizune.co/investors/profile/agri-investment-fund) — VC Fund, 10 deals together

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## FAQ

### What does PMV invest in?

PMV invests primarily in Software, Biotechnology and Health Care startups, most often at Seed and Series A stage. Most of the 157 investments tracked by Shizune back companies in Belgium. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is PMV's check size?

PMV typically joins rounds of $1M–$3.8M at Seed, $2.7M–$40M at Series A and $6.6M–$42M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds PMV participates in.

### How do I contact PMV?

Public channels for PMV include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at PMV?

The team at PMV includes Stefan De Waele (Senior Investment Manager), Bart De Taeye (Investment Director) and Christine Claus (Director), among 15 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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