# PMV Portfolio Map 2026: 30 Startups by Sector

> PMV's portfolio mapped: 30 startups it has backed, in 6 sectors from Biotech, AI and IT Services on. $595M raised between them; logos, funding and rounds.

Source: https://millionrounds.com/portfolio-maps/pmv-portfolio-map (Millionrounds; every figure on the page links to its filing or article)

## Biotech

10

- [Confo Therapeutics](https://millionrounds.com/company/confo-therapeutics)
- [*S* Sequana](https://millionrounds.com/company/sequana)
- [*AT* Aelin Therapeutics](https://millionrounds.com/company/aelin-therapeutics)
- [Mimetas](https://millionrounds.com/company/mimetas)
- [Complix](https://millionrounds.com/company/complix)
- [*L* Luxexcel](https://millionrounds.com/company/luxexcel)
- [Animab](https://millionrounds.com/company/animab)
- [Aspect Analytics](https://millionrounds.com/company/aspect-analytics)
- [Spica Therapeutics](https://millionrounds.com/company/spica-therapeutics)
- [*FP* FF Pharma](https://millionrounds.com/company/ff-pharma)

## AI

7

- [Pantera](https://millionrounds.com/company/pantera)
- [Nobi](https://millionrounds.com/company/nobi)
- [Azumuta](https://millionrounds.com/company/azumuta)
- [Sequesto](https://millionrounds.com/company/sequesto)
- [Pickit](https://millionrounds.com/company/pickit)
- [Vectrix](https://millionrounds.com/company/vectrix)
- [Rookoo](https://millionrounds.com/company/rookoo)

## IT Services

4

- [*G* Gorilla](https://millionrounds.com/company/gorilla)
- [ClimateCamp](https://millionrounds.com/company/climatecamp)
- [cinvolve](https://millionrounds.com/company/cinvolve)
- [dINK](https://millionrounds.com/company/dink)

## Hardware & Electronics

3

- [*MT* Magics Technologies](https://millionrounds.com/company/magics-technologies)
- [moonbird](https://millionrounds.com/company/moonbird)
- [Loop Earplugs](https://millionrounds.com/company/loop-earplugs)

## Semiconductors

3

- [MICLEDI Microdisplays](https://millionrounds.com/company/micledi-microdisplays)
- [Swave Photonics](https://millionrounds.com/company/swave-photonics)
- [Caliopa](https://millionrounds.com/company/caliopa)

## Big Data & Analytics

3

- [Effex](https://millionrounds.com/company/effex)
- [dScribe](https://millionrounds.com/company/dscribe)
- [Taglayer](https://millionrounds.com/company/taglayer)

## Segment by segment

### Biotech

10 startups · $342M raised

- [**Confo Therapeutics**](https://millionrounds.com/company/confo-therapeutics) Confo Therapeutics is a drug discovery company building internal drug discovery programs on GPCRs addressing unmet medical need. Belgium $103M
- [*S* **Sequana**](https://millionrounds.com/company/sequana) Sequana is a manufacturer and distributor of paper and packaging products. United Kingdom $98M
- [*AT* **Aelin Therapeutics**](https://millionrounds.com/company/aelin-therapeutics) Aelin engages in the research and development of biotherapeutics that utilizes protein aggregation to induce the functional knockd Belgium $32M
- [**Mimetas**](https://millionrounds.com/company/mimetas) MIMETAS develops organ-on-a-chip tissue- and disease models for better, more reliable, and tailored medicines. Netherlands $30M
- [**Complix**](https://millionrounds.com/company/complix) Complix is a biopharmaceutical company developing Alphabodies, a novel class of biopharmaceuticals. Belgium $24M
- [*L* **Luxexcel**](https://millionrounds.com/company/luxexcel) Netherlands $14M
- [**Animab**](https://millionrounds.com/company/animab) Animab is a Belgian biotechnology company founded in 2020, focused on developing orally administered monoclonal antibodies to prot Belgium $12M
- [**Aspect Analytics**](https://millionrounds.com/company/aspect-analytics) Aspect Analytics is a Belgian spatial biology software company founded in 2018 and based in Genk, Belgium. Belgium $12M

### AI

7 startups · $169M raised

- [**Pantera**](https://millionrounds.com/company/pantera) PanTera is a Belgian life sciences company founded in 2022, based in Mol, Flemish Region. United States $114M
- [**Nobi**](https://millionrounds.com/company/nobi) Nobi is a cryptocurrency investment platform that helps people own crypto & earn yields. United States $37M
- [**Azumuta**](https://millionrounds.com/company/azumuta) Azumuta is a Belgian SaaS company that specializes in an AI-powered shop-floor execution platform designed for discrete manufacturing. Belgium $9.3M
- [**Sequesto**](https://millionrounds.com/company/sequesto) SEQUESTO is a Belgian B2B software company founded in 2020, specializing in an agentic operating system (aOS) designed for commercial teams. Belgium $4.0M
- [**Pickit**](https://millionrounds.com/company/pickit) pickit is a logistic company that offers e-commerce delivery services throughout the region. Argentina $3.0M
- [**Vectrix**](https://millionrounds.com/company/vectrix) Vectrix is a full-service provider (FSP) of e-business solutions. Belgium $1.3M
- [**Rookoo**](https://millionrounds.com/company/rookoo) Rookoo is an AI-driven technology startup founded in early 2024 and based in Ghent, Belgium. Belgium $1.0M

### IT Services

4 startups · $31M raised

- [*G* **Gorilla**](https://millionrounds.com/company/gorilla) Gorilla specializes in plumbing, drywall installation, kitchen remodeling, bathroom remodeling, and roofing. Belgium $25M
- [**ClimateCamp**](https://millionrounds.com/company/climatecamp) ClimateCamp is a B2B sustainability platform that helps companies engage suppliers, calculate carbon footprints, and reduce Scope Belgium $3.8M
- [**cinvolve**](https://millionrounds.com/company/cinvolve) Commercially deployed B2B SaaS solution for movie theatre seat occupation monitoring Worldwide patent application (pending approva Belgium $1.3M
- [**dINK**](https://millionrounds.com/company/dink) Dink is a software development and technology solutions company founded in 2010. Belgium $500K

### Hardware & Electronics

3 startups · $14M raised

- [*MT* **Magics Technologies**](https://millionrounds.com/company/magics-technologies) Magics Technologies is a nuclear research center that develops autonomous machines for sustainable energy sources. Belgium $11M
- [**moonbird**](https://millionrounds.com/company/moonbird) Moonbird is a Belgian health tech startup founded in 2019 by siblings Stefanie and Michael Broes. Belgium $1.7M
- [**Loop Earplugs**](https://millionrounds.com/company/loop-earplugs) Loop Earplugs is a Belgian lifestyle brand founded in 2016 by Maarten Bodewes and Dimitri O. Belgium $1.1M

### Semiconductors

3 startups · $35M raised

- [**MICLEDI Microdisplays**](https://millionrounds.com/company/micledi-microdisplays) MICLEDI microdisplays is a Belgium-based fabless semiconductor design company founded in 2019 as a spin-off from IMEC. Belgium $25M
- [**Swave Photonics**](https://millionrounds.com/company/swave-photonics) Swave Photonics is a fabless semiconductor company based in Leuven, Belgium, founded in 2022. Belgium $7.0M
- [**Caliopa**](https://millionrounds.com/company/caliopa) Caliopa develops and commercializes silicon photonics-based optical transceivers for the data and telecommunications market. Belgium $2.7M

### Big Data & Analytics

3 startups · $4.2M raised

- [**Effex**](https://millionrounds.com/company/effex) Effex provides a cloud-based software solution that streamlines physical testing processes, making them more efficient and sustainable. Belgium $1.7M
- [**dScribe**](https://millionrounds.com/company/dscribe) dScribe offers a context engine for organizational knowledge and digital adoption documentation. Belgium $1.6M
- [**Taglayer**](https://millionrounds.com/company/taglayer) Easy-to-use Personalisation software Belgium $910K

**How this map is made.** Every startup here has raised money in a round we track that names PMV as an investor, the first in 2007. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Government fund · Belgium **EASME - EU Executive Agency for SMEs** 53 startups · 10 sectors · $604M](https://millionrounds.com/portfolio-maps/easme-eu-executi-portfolio-map)[VC firm · Belgium **European Commission** 81 startups · 12 sectors · $2.5B](https://millionrounds.com/portfolio-maps/european-commission-portfolio-map)[Accelerator · Belgium **EIT Food RisingFoodstars** 46 startups · 4 sectors · $222M](https://millionrounds.com/portfolio-maps/eit-food-risingfoo-portfolio-map)[VC firm · Belgium **Astanor Ventures** 30 startups · 4 sectors · $922M](https://millionrounds.com/portfolio-maps/astanor-ventures-portfolio-map)[VC firm · Belgium **Capricorn Partners** 27 startups · 4 sectors · $659M](https://millionrounds.com/portfolio-maps/capricorn-partners-portfolio-map)[VC firm · Belgium **Eurostars** 24 startups · 3 sectors · $182M](https://millionrounds.com/portfolio-maps/eurostars-portfolio-map)

## Raising from investors like PMV?

Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)
