Software studio
We're a boutique firm of 40 people working shoulder-to-shoulder with our clients on next-gen B2B SaaS products and enterprise AI solutions.
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Trusted by ambitious SMEs, start-ups and scale-ups and innovative corporates
Our services
AI solution delivery
Custom AI solutions in your own stack, built for cases with demonstrable ROI, and proven at scale with a re-runnable evaluation suite.
AI culture transformation
We train your in-house engineers how we build with coding agents: repo setup, rules, skills and guardrails and a cultural overhaul through shared learning and pair programming.
Software engineering
We define, architect and build entirely new software products as an extension of your team, always with enterprise-grade security (ISO27001) and scalability in mind.
Technical due diligence
A fast, honest read on an investment target's technology, team and roadmap before the committee moves into a decision. Targeted at PE/VC deal teams.
Technical refactoring
An honest, decision-grade read on a (legacy) codebase, with a refactoring track to make it scalable, secure and agent-ready.
Venture building
We co-build with founders we truly believe in. We invest in those companies, share our portfolio knowledge and build together for the long run.
The AI discovery track
We run a discovery to map out where AI can create real value in your organization into a clear roadmap, which becomes the foundation for identifying high-priority use cases worth building.
We exist to make our clients successful in the age of AI. We love to tackle complex use cases in a broader context of productisation and new value creation. Our clients can count on our entrepreneurial spirit to get the job done. Together.
Egwin Avau
CEO, Panenco
Discover some of our recent success stories
Learn about our work in close partnership with ambitious companies!
Clients we worked with
PwC Belgium, argenx, IFS, DataCamp, Siemens, Moody's, Port of Antwerp-Bruges, Copaco, KPN, Van Moer Logistics, Symeta Hybrid, Thomas More, Interparking, Protime, Q7 Leader, Loop Earplugs, Phished, SoundTalks, NowThen, Johnson & Johnson, systemzero, CatalyX, QFacts, Belgabroed, QIT, Plus Supermarkt, Visionair Oogzorg, Curewiki, myCC, BNP Paribas, ING, CleverKids, Mason, Valcori, Vision on Safety, BioRICS, Seaters, Xwork, NestBorn, Froomle, CHARP. and many more.
A long-standing collaboration in Audit & Assurance technology
EnterpriseGenAI
A long-standing collaboration in Audit & Assurance technology
For over eight years, we've had the privilege of collaborating with PwC Belgium on multiple projects in the audit and assurance space. Together we develop innovative software solutions, widely used across their teams and clients. Our collaboration is built on a foundation of trust and teamwork, combining our deep technical expertise with PwC Belgium's extensive business acumen.
EnterpriseGenAI
Building an LLM pipeline to extract insights from DataCamp's learning videos
GenAISaaSScale-up
Building an LLM pipeline to extract insights from DataCamp's learning videos
Founded in 2013, DataCamp aims to make data science education accessible to all. They offer an online learning platform covering data science, engineering, and AI, serving over 10 million users and more than 2,500 companies globally. DataCamp requested our assistance in assembling a product team to accelerate specific roadmap goals, including the development of an LLM pipeline to automatically extract insights from the webinars on their learning platform.
GenAISaaSScale-up
Early disease detection in pig farms through sound data and AI
IoTScale-up
Early disease detection in pig farms through sound data and AI
SoundTalks is a spin-off from KU Leuven built on years of research in sound analysis and precision livestock farming. They created a hardware device to capture sensor data in pig farms and an algorithm to detect disease patterns. We assisted them with their AWS cloud architecture and digital product development.
IoTScale-up
Measuring every cooking move using computer vision to scale offshore chef training
GenAIIoTEnterprise
Measuring every cooking move using computer vision to scale offshore chef training
IFS invests in world-class training facilities to prepare cooks who deliver exceptional dining experiences. The M.A.R.I.S. platform transforms raw sensor and video data into actionable quality insights, enabling scalable, consistent excellence across all training locations.
GenAIIoTEnterprise
Developing a web interface for a simulation and testing platform
EnterpriseIoT
Developing a web interface for a simulation and testing platform
Around two years ago, the Model-Based System Testing (MBST) team within Siemens Digital Industry Software engaged us to support the development of a web interface for their simulation and testing platform. The platform supports component-level testing that involves interactions between physical hardware and simulated models.
EnterpriseIoT
Building AI agents to manage the office of the CFO
GenAIStart-up
Building AI agents to manage the office of the CFO
systemzero is a US-based startup on a mission to empower finance teams with AI-driven insights and workflows. At its core, the platform aspires to become the vertical AI co-pilot for the Office of the CFO, enabling financial leaders, executive teams, and boards of directors to make informed decisions grounded in real-time, reliable data. systemzero is already serving several Fortune 500 companies today, just 6 months after launch, and is growing rapidly.
GenAIStart-up
If all stars align, we set up structural partnerships with a long-term horizon.
Turning QIT from a research project into a market-leading SaaS product in the mental health sector
SaaSScale-up
Turning QIT from a research project into a market-leading SaaS product in the mental health sector
We translated years of validated clinical research into a market-leading SaaS product for the mental health sector — partnering with QIT from early prototype through to scale.
SaaSScale-up
Strengthening the technical foundations for this enterprise SaaS product
SaaSEnterprise
Strengthening the technical foundations for this enterprise SaaS product
We modernized the technical infrastructure of Seaters' enterprise SaaS platform for intelligent event invite management, giving their hospitality and sales teams a faster, more reliable foundation to build on.
SaaSEnterprise
Turning 20 years of procurement expertise into a vertical SaaS product
GenAISaaSStart-up
Turning 20 years of procurement expertise into a vertical SaaS product
We turned 20 years of procurement expertise from Progressio into Valcori — a vertical SaaS product built specifically for mid-sized companies, without the lengthy implementation processes of enterprise alternatives.
GenAISaaSStart-up
We go above and beyond for ambitious clients
Working with Panenco has allowed us to accelerate our product development roadmap across several key areas. Their technical team integrates seamlessly with ours, as we leverage our combined expertise to build innovative solutions for our teams and clients.
Martijn Smet
Director Financial Services at PwC Belgium
We're active in a complex operational setting with limited connectivity and challenging digital adoption. We found a great partner in Panenco given their deep expertise from cloud infrastructure to end-user experiences.
Dries Berckmans
CEO SoundTalks
Panenco proved to be the ideal technical partner for our early-stage development, translating our vision into a scalable platform. Their experience with LLMs and agentic solutions has been vital in building the fundamentals of systemzero
Mathias Van Impe
CTO systemzero
In less than a month Panenco was able to setup an effective engineering team that quickly gained a solid understanding of our infrastructure, operating model and technology stack. A great combination of speed and qualitative delivery.
Peter Petermann
Engineering Manager DataCamp
We were genuinely impressed with the speed, quality, and professionalism of the Panenco team. They quickly understood our request and brought together the right people, perfectly complementing our own team. The cooperation was smooth and seamless throughout the entire journey.
Arnout Van de Meulebroucke
Founder & CTO Phished
We're building across industries
Discover our cases in the Education industry
We're a bunch of good-natured, entrepreneurial builders
Working with respect for our craft and our sights on the future.
Follow along
Once a month, we write about what we're building and thinking about. Architecture decisions, AI use cases, things that surprised us, and what we think is worth paying attention to.
Use casesIndustry storiesArchitecture & engineeringTeam updates
FAQ
Everything you need to know about working with Panenco
How does Panenco operate with clients?
Panenco sets up small, highly effective product teams that either integrate with a client’s existing team or run as a dedicated unit. Each setup combines experienced product managers, designers, and full-stack engineers.
How long does a typical Panenco project take?
Panenco is known for speed and quality and can ramp up quickly. Timelines vary by scope, but delivery is structured in short iterations without compromising quality.
What company sizes does Panenco work with?
Panenco works with ambitious SMEs, start-ups, scale-ups, and innovative corporates. The strongest fit is where there is an entrepreneurial edge and a clear drive to build.
What capabilities does Panenco provide?
Panenco brings deep experience in enterprise AI, full-stack product development, cloud architecture, IoT, and modern engineering practices. The team specialises in solving technically complex product and platform challenges.
Can Panenco help clients from AI strategy through delivery?
Yes. Panenco helps clients shape practical AI strategy and then rapidly turns it into working solutions through short, iterative implementation cycles.
What makes Panenco different from other software agencies?
Panenco works in a spirit of joint entrepreneurship rather than a traditional vendor model. The team takes ownership of outcomes, moves fast, and understands the business risks that come with building and scaling products.
Does Panenco support both new products and existing systems?
Yes. Panenco supports both product innovation for new solutions and technical refactoring for existing systems. The approach is tailored to each client’s context, goals, and technical constraints.
We turn ambitious AI visions into measurable outcomes, every step of the way.
From identifying use cases to rapid prototyping, production deployment, and continuous evaluation. Your ambition deserves more than a roadmap—it demands a team that makes it happen.