# Apheon: portfolio, investments and team

> Apheon is a private equity based in Belgium. 1 investment on record, latest Sept 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/apheon (Millionrounds; every figure on the page links to its filing or article)

Belgium · [Investor](https://millionrounds.com/investors)

# Apheon

Filed with the SEC to raise a fund in Dec 2025, closing $129M. Last cheque observed Sep 2025.

Email

Private equity Quiet New fund $129M, Dec 2025

Buyout Food Healthcare Industrial

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **428** days **00** hrs **00** min **00** sec

Median round **$232M** Rounds led **1 of 1**

Pitch Apheon

## Apheon highlights

- 01 1 rounds on record
- 02 Mostly Growth: 100% of its rounds
- 03 Led 1 rounds

## What they do

> Apheon to acquire Almma, a European platform in premium frozen snacks... Apheon enters into exclusive negotiations to acquire a majority stake in Teknimed to build a global leader in orthopaedic biomaterials From their own website

- **Type:** Private equity
- **Cheque size:** Not stated
- **Stages:** Buyout
- **Sectors:** Food Healthcare Industrial
- **Based in:** Brussels, Belgium
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **1 appearances**

- **2025** 1 round
- **Sept** **[Ortivity](https://millionrounds.com/company/ortivity)** Growth · DE · TechStartups **$232M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

JM **John Mansvelt** Executive Officer i Filing they signed

ML **Massimo Longoni** Executive Officer i Filing they signed

WD **Wolfgang de Limburg Stirum** Executive Officer i Filing they signed

We also hold **33** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

New fund on file

**$129M**

raised in Dec 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Buyout

Median round joined **$232M** the round, not its cheque

Led 1 of 1 rounds **100%**

- **Sole investor:** Never alone
- **Last cheque:** Sept 2025

Rounds by stage said on their site

- Growth *1*
- Buyout said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Apheon put money into.

[**Ortivity** $232M · Sept 2025](https://millionrounds.com/company/ortivity)

## Books by the people here

3 books written by people at Apheon: [Peter Hinssen](https://millionrounds.com/person/peter-hinssen).

- The Network Always Wins [Peter Hinssen](https://millionrounds.com/person/peter-hinssen) · 2014 3.45 from 156 ratings on Goodreads About the book Peter Hinssen's most recent book On AmazonListen on Audible
- The New Normal: explore the limits of the digital world [Peter Hinssen](https://millionrounds.com/person/peter-hinssen) · 2010 3.73 from 144 ratings on Goodreads About the book Welcome to the New IT and the Internet have completely altered traditional communication in the healthcare industry. Patients are looking for information coming from a wide range of sources. Products and experiences are being discussed on the internet and shared across social… On AmazonListen on Audible
- Business/IT Fusion. How to move beyond Alignment and transform IT in your organization [Peter Hinssen](https://millionrounds.com/person/peter-hinssen) · 2011 3.48 from 29 ratings on Goodreads About the book It's time to completely rethink IT It's time for a radical change in IT It's time for Fusion There is a fundamental dilemma in the world of the technical challenges and opportunities have never been greater, but at the same time the role of IT and the role of the CIO has never… On AmazonListen on Audible
- Find the books for what you are building, or how you invest. [Open the Reading List](https://millionrounds.com/reading-list)

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## Quick answers about Apheon

### What does Apheon invest in?

Apheon invests most often at Growth (100% of the rounds on record), in sectors such as Food, Healthcare and Industrial.

### How active is Apheon?

1 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Sept 2025.

### What has Apheon invested in recently?

Its most recent investments on record: Ortivity (Growth, Sept 2025).

### How big are Apheon's cheques?

The median round it joins is $232M.

### Is Apheon investing now?

No investments in the last 12 months; the latest was in Sept 2025.

### What kind of investor is Apheon?

Apheon is a private equity firm based in Brussels, Belgium.

### Has Apheon raised a new fund?

Its latest fund filing with the SEC was in Dec 2025, reporting $129M raised.

### When was Apheon founded?

Apheon was founded in 2005.

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