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Above and beyond

In a spirit of craftsmanship

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Working as one to build a successful product portfolio
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1/4

Tapping into unique IP

Our product portfolio foundations are rooted in the combination of deep scientific or industry expertise and our proven software delivery model. Creating sustainable new business value through meaningful partnerships with people and organisations who know their field inside out.

1/3

We play the long game

Quality takes time and there are no corners you can cut in pursuit of product market fit. We fundamentally trust in the product development process: being consistent in decision making over a long time span combined with excellence in delivery will give the greatest chance of success.

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Users pave the way

Rather than merely delivering on predefined specifications, we choose to set out customer success instruments to continuously gather user input in order to let them indicate the further product roadmap. We do believe in joint user- and revenue milestones over the long haul together with our partners.

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We raise the bar

At the end of the day, the bits and bytes we ship are our ultimate deliverable. We honour great engineering and we’ll never stop pushing ourselves and each other to keep raising the bar and take part in shaping best practices in our industry. Doing inspired work is great. Raising the bar is awesome.

Our principles

1

Tapping into unique IP

Our product portfolio foundations are rooted in the combination of deep scientific or industry expertise and our proven software delivery model. Creating sustainable new business value through meaningful partnerships with people and organisations who know their field inside out.

2

We play the long game

Quality takes time and there are no corners you can cut in pursuit of product market fit. We fundamentally trust in the product development process: being consistent in decision making over a long time span combined with excellence in delivery will give the greatest chance of success.

3

Users pave the way

Rather than merely delivering on predefined specifications, we choose to set out customer success instruments to continuously gather user input in order to let them indicate the further product roadmap. We do believe in joint user- and revenue milestones over the long haul together with our partners.

4

We raise the bar

At the end of the day, the bits and bytes we ship are our ultimate deliverable. We honour great engineering and we’ll never stop pushing ourselves and each other to keep raising the bar and take part in shaping best practices in our industry. Doing inspired work is great. Raising the bar is awesome.

Our principles

1/4

Tapping into unique IP

Our product portfolio foundations are rooted in the combination of deep scientific or industry expertise and our proven software delivery model. Creating sustainable new business value through meaningful partnerships with people and organisations who know their field inside out.

Discover more white arrow button
2/4

We play the long game

Quality takes time and there are no corners you can cut in pursuit of product market fit. We fundamentally trust in the product development process: being consistent in decision making over a long time span combined with excellence in delivery will give the greatest chance of success.

Discover more white arrow button
3/4

Users pave the way

Rather than merely delivering on predefined specifications, we choose to set out customer success instruments to continuously gather user input in order to let them indicate the further product roadmap. We do believe in joint user- and revenue milestones over the long haul together with our partners.

Discover more white arrow button
4/4

We raise the bar

At the end of the day, the bits and bytes we ship are our ultimate deliverable. We honour great engineering and we’ll never stop pushing ourselves and each other to keep raising the bar and take part in shaping best practices in our industry. Doing inspired work is great. Raising the bar is awesome.

Context is key

We're a place where ideas live and people work diligently. Our doors will always be open for a friendly visit, an ideation session or a beer (or two).
working at office
Our doors are always open
Four people playing table soccer
Egwin Avau, CEO
Egwin Avau, CEO at Panenco

Our founding story

Panenco was founded in September of 2014 by Egwin Avau and Maarten Baeten. Following their studies at KU Leuven with a degree in Business & Information Systems Engineering, they started out in the university's student incubator center - KU Leuven KICK - to lay the foundations for a mixed service and product strategy.

Teams started to shape up in Belgium, Ukraine and Portugal, currently amounting to 50+ specialists. Maarten joined McKinsey & Company in 2018, yet he remains Panenco's biggest fan from the sidelines.

The offices quickly moved towards the Innovation and Incubation Center from KU Leuven on the Heverlee campus, followed by a move towards the city center right next to AB Inbev in the Van der Elst building in Leuven in October of 2020. Over the years the activities kept broadening into a full-service product development offering. Panenco has been following an organic growth trajectory, and aspires to continue to do so. The company's success will be the sum of the product successes.

Steady growth. Step by step.

50+
teammates
8+
years
20+
products
4
offices
Buildings
Lena Dooms working behind computer
Leslie Jobse explaining at the Panenco office
Lena, Jordi and Sebastiaan talking behind a macbook

Giving it their all

Get in touch

Do you have an initiative pending and are you in search of an entrepreneurial partner that is willing to play the long game?

Get in touch

Do you have an initiative pending and are you in search of an entrepreneurial partner that will go the distance? Don't hesitate to reach out!
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We're better together

We made many friends along the way who are just a phone call away.

Sentigrate historically has a strong data engineering and science focus, particularly in the area of IoT and sensor data. Through the combined knowledge base and expertise, we will be able to deliver an even more holistic product-focused offering to clients, especially relevant in the high-tech cluster surrounding Leuven.

Read our blogpost

IntellectEU is a fast-growing FinTech service and product company with roots in Belgium and offices in multiple cities around the world. We work closely with IntellectEU on multiple product trajectories and we share offices in Kyiv, Ukraine.

Discover IntellectEU