Quest for Growth

Quest for Growth is a Belgium-based investment company focused on growth equity. It invests primarily in technology-driven sectors such as pharmaceuticals & biotech, information technology, cleantech, healthtech, and TMT across the United States and Europe.

Damien van der Bijl

Investment Director

Past deals in Belgium

Sensolus

Venture Round in 2020
Founded in 2013, Sensolus designs and develops global positioning system (GPS) trackers for non-powered assets. It offers turnkey solutions for wireless, low-power context-aware sensing, along with a web-based IoT cloud platform for real-time asset tracking. Serving industries such as manufacturing, waste management, cargo transport, and automotive.

Miracor Medical

Series E in 2020
Miracor Medical develops cardiovascular medical devices, notably the PiCSO impulse system, a pressure‑controlled intermittent coronary sinus occlusion device designed to improve microvascular perfusion and cardiac function after acute myocardial infarction. The system supports treatment of myocardial infarction and can be used in surgical settings such as coronary artery bypass grafting to facilitate perfusion improvements. Founded in 2008, the company is based in Awans, Belgium, with a presence in Vienna, Austria.

Miracor Medical

Series D in 2018
Miracor Medical develops cardiovascular medical devices, notably the PiCSO impulse system, a pressure‑controlled intermittent coronary sinus occlusion device designed to improve microvascular perfusion and cardiac function after acute myocardial infarction. The system supports treatment of myocardial infarction and can be used in surgical settings such as coronary artery bypass grafting to facilitate perfusion improvements. Founded in 2008, the company is based in Awans, Belgium, with a presence in Vienna, Austria.

Sensolus

Seed Round in 2017
Founded in 2013, Sensolus designs and develops global positioning system (GPS) trackers for non-powered assets. It offers turnkey solutions for wireless, low-power context-aware sensing, along with a web-based IoT cloud platform for real-time asset tracking. Serving industries such as manufacturing, waste management, cargo transport, and automotive.

iNEWiT

Venture Round in 2008
iNEWiT is an engineering company based in Mechelen, Belgium, founded in 2005. It specializes in identifying, designing, and creating applications and devices tailored for the mobile market. The company develops mobile video communication applications utilizing its patent-pending technology to transmit data, video, and sound across various wireless and wired platforms. iNEWiT also offers wireless communication technologies that encompass GPRS/EDGE, 3G, HSDPA/HSUPA, WiFi, WiMAX, and satellite networks. Additionally, it provides plug-and-play products aimed at the business-to-consumer markets.

Movetis

Series A in 2007
Movetis NV is a pharmaceutical company dedicated to the discovery, development, and commercialization of drugs targeting gastrointestinal (GI) disorders. Founded in 2006 and headquartered in Turnhout, Belgium, Movetis focuses on conditions such as severe chronic constipation, ascites, pediatric reflux, and complex GI motility disorders like refractory gastro-oesophageal reflux disease. The company's lead product, Resolor, is specifically developed for the symptomatic treatment of chronic constipation in women, with ongoing research to extend its use to males, children, and conditions like opioid-induced constipation and postoperative ileus. Movetis is also advancing other candidates in its pipeline, including M0002, currently in Phase II trials for ascites, and M0003, which is entering Phase II development for treating heartburn and pediatric reflux in patients resistant to proton pump inhibitors. Additionally, the company has prioritized compounds from its preclinical portfolio and maintains partnerships with several academic institutions in Belgium and the Netherlands to enhance its research capabilities.

Gemidis

Series C in 2006
Gemidis is a spin-off company from Ghent University (Belgium) and IMEC (Belgium) and was officially founded in August 2004. Gemidis develops, produces and sells LCOS imagers and driver electronics for both consumer and professional markets.
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