Multiple Leuven-based companies awarded as one of the 50 fastest growing tech companies

12/11/2020

Deloitte Belgium released today its Technology Fast 50, the list of the 50 fastest-growing technology companies in Belgium. Xenomatix, Sigasi and Guardsquare are three Leuven MindGate members which are nominated. The Technology Fast 50 award goes to the fastest growing technology company in Belgium in terms of its percentage of growth in turnover over the past four years. Deloitte will announce the winner on 26 November 2020.

“The Technology Fast 50 ranking proves that the Scale-Ups ecosystem in Belgium is in full expansion this year. We see that B2B tech companies in particular are very strong in Belgium and are seizing their opportunity to internationalize.” said Sam Sluismans, Programme Leader Deloitte's Technology Fast 50. Next to Leuven MindGate members Sigasi, Guardsquare and Xenomatix, represent Codabox, CrazyGames, Step-Up Consulting and THEO the Leuven region as well.

In addition to the award for fastest growth, one of the 2020 Fast 50 contestants that made a continuous growth over the past years will receive an award for Most Sustainable Growth. Companies that have been active in the technology sector for less than four years are featured in the Rising Star category. On 13 October 71 Rising Star applicants made a first pitch in front of a jury of Deloitte industry experts. 10 companies made it to the finals and are invited for a final pitch on 26 November, including Epic Blue and Inmanta from Leuven.

Duco Sickinghe, CEO Fortino Capital: “The most successful start-ups have been able to get their product-market fit right. A well-thought product, a carefully selected customer segment will ensure a quick adoption and therefore significantly lower capital requirements. Growth is good, growth with efficient use of capital is better!”

The Most Disruptive Innovator award is presented to the Rising Star nominee that has developed the most revolutionary concept or product within a specific technology segment.