Tengu to secure €700k in funding from PMV, Ahorn BV and business angels Bruno Lowagie and Ingeborg Willaert.
Tengu, a Gent, Belgium-based SAAS developer, raised €700,000 ($820k).
The funding will be used to grow, in Belgium but also abroad, primarily towards the European market. Among other things, the sales team is being expanded.
Tengu, founded in 2017 by CEO Thomas Vanhove, develops a Platform-as-a-Service for data management.