Profinpar invests in Brussels-based scale-up Pitagone, specializing in modular anti-ram barriers for perimeter protection, enhancing governance and growth prospects as it targets new markets.

Target Company Overview

Pitagone is a burgeoning scale-up based in Brussels, specializing in perimeter protection technologies. Founded in 2016 by Marc Weissberg and Simon Bretholz, the company focuses on threat management and has innovated in the development of modular anti-ram vehicle barriers, specifically designed for anti-terrorism applications. With a patented system, Pitagone has successfully exported its products to prestigious locations, including the Élysée Palace and Buckingham Palace.

The company outsources the manufacturing of its barriers to a Flemish company and partners with Travie, a social enterprise based in Anderlecht for assembly. Utilizing a network of distributors for market penetration, Pitagone has emphasized certification, achieving notable standards, including one from the German police. The company has extended its reach to 45 countries, securing significant projects for protected perimeters at events such as the Tokyo Olympics and the Euro Football Final.

Industry Overview in Belgium

The perimeter security industry in Belgium is evolving, driven largely by increasing safety concerns related to terrorism and public events. As threats have heightened, the demand for innovative