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Digital product studio

Panenco is a place where digital products and ventures come to life and get the full support to grow. With over 10 years of hands-on experience, we are ready for the most challenging assignments.

 30 

 Teammates 

 3 

 Offices 

 5M+ 

 Users served 

 10+ 

 Years of experience 

Our glass office building in Leuven, Belgian.

Our culture

1.

We’re entrepreneurial at heart.

There’s no straight line to success in the type of work we do for our
clients. Our central promise is that we’ll find always our way in a cost-
effective manner. We love to take initiative, explore, experiment and
change course when needed.

2.

We honour craftsmanship.

At the end of the day, the bits and bytes we ship are our key deliverables. 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.

3.

Small teams. Big impact.

Gone are the days of building ever larger product development teams.
With modern AI tooling and a highly effective operating model, a team
of 5 people can achieve what used to take a team of 20. We keep our
focus on the impact we make with the products we work on.

4.

We play the long game.

Quality takes time and there are no corners you can cut in pursuit of product excellence. We combine consistent decision making over along time span combined with a highly effective delivery model to give our clients the greatest chance of success.

Panenco team is discussing solution for a product in the office space.
CEO Egwin Avau in the office.

Founding story

Panenco was founded in September of 2014 by Egwin Avau and Maarten Baeten. Following their studies at KU Leuven, 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 and Ukraine, amounting to 30+ specialists. Maarten left the firm in 2018 to join McKinsey & Company, yet he remains Panenco's biggest fan from the sidelines.

Company positioning

We are a center of excellence for all-things- digital. We will keep attracting and educating the strongest product talent on the market so our clients can rest assured of the highest quality standards.

We give a lifelong commitment to keep working on the bleeding edge of technology, and then some. Our success will be measured by the sum of the impact of the products we build for our clients.

CEO Egwin Avau in the office.
CEO Egwin Avau in the office.

Promise to our clients

As we’ve been in the entrepreneurial trenches for over 10 years, we know the lay of the land. Product development is a journey with a billion decisions leading to an uncertain outcome. Our key promise to our clients is that we will act faithfully every step of the way and be a positive force for concrete progress. We’ll always make decisions that are in the best interest of the product, at high intensity and with a healthy sense of urgency.

What we ask from you? Give us a clear mandate; and we won’t let you down. Ever.

Panenco team enjoying a discussion of the project on a real-life meeting in the office.

Meet our all-star team

We're a driven group of innovators with a passion for technology and hearts in the right place

Panenco team enjoying a discussion of the project on a real-life meeting in the office.

Let's build. Together!

We’ll be happy to hear more about your latest product development initiatives. Let’s discover how we can help!
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Are you looking for an entrepreneurial product development partner?
Never hesitate to schedule a virtual coffee.

Egwin Avau
Founder & CEO
Koen Verschooten
Operations manager