P
Pharrowtech
Semiconductors · Leuven, Belgium · Founded 2019
Pharrowtech designs next-generation solutions for fixed-wireless access, wireless VR/AR and ultra-high capacity wireless links MoreLess
Pharrowtech developed millimeter-wave (mmWave) radio frequency (RF) hardware and software for next-generation wireless applications, including RFIC semiconductors and phased antenna arrays. The company was a spin-off from imec, a world-leading research and innovation hub in nanoelectronics, and was founded in 2018 by Wim Van Thillo, Carl De Ranter, Khaled Khalaf, Qixian Shi, and Guerric De Streel. The founding team leveraged over a decade of R&D in mmWave systems from their time at imec. Wim Van Thillo, who served as CEO, had over 15 years of experience in mmWave R&D, including as a program director at imec and a visiting researcher at UC Berkeley.
The company's business model focused on designing and selling these high-tech components to original equipment manufacturers (OEMs) and original design manufacturers (ODMs). Their technology targeted fast-growing markets such as broadband 5G Fixed Wireless Access (FWA), consumer electronics like VR headsets, and smart city applications. Pharrowtech's key products included the PTR1060, an IEEE 802.11ay-compliant CMOS beamforming transceiver chip, and the PTM1060, a phased array antenna module. These products were designed to provide a low-cost, high-performance wireless alternative to fiber, offering gigabit-per-second speeds over the unlicensed 60 GHz spectrum. The firm successfully demonstrated its capabilities in field trials, achieving speeds of 1Gbps with partners like Telenet.
Pharrowtech raised a total of approximately $28.1 million over several funding rounds, including a €15 million Series A round in May 2022 led by Innovation Industries. Despite its technological advancements and successful trials, the company filed for bankruptcy in May 2025. The primary reason cited for the failure was insufficient commercial traction and slower-than-expected order growth in the FWA market, which could not justify further investment in a challenging funding climate.
Keywords: millimeter-wave, mmWave, fixed wireless access, 60 GHz, RFIC, phased array antenna, CMOS transceiver, 5G infrastructure, wireless broadband, semiconductor
Company overview
Pharrowtech company information
The essential company record, classifications and operating signals in one place.
- Status
- Closed
- Founded
- 2019
- Headquarters
- Leuven, Belgium
- Employees
- 1
- Open positions
- None listed
- Dealroom signal
- 0.0
Valuation & funding
Pharrowtech funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Mar 2024 | $2.5M | — | European Innovation Council | — |
| SERIES A✓Equity / VC | May 2022 | $17M | $66M | Bloc Ventures · imec.xpand · KBC Focus Fund · Innovation Industries | ↗ |
| SEED✓Equity / VC | Jun 2019 | $6.8M | $27M | Bloc Ventures · imec.xpand | — |
| SPINOUT✓Other financing | Jan 2018 | $0 | — | imec | ↗ |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | EBITDA | Margin | Profit | Margin |
|---|---|---|---|---|
| 2026 | −$1.7M | — | −$19M | — |
| 2025 | −$1.7M | — | −$19M | — |
| 2024 | −$1.7M | — | −$19M | — |
| 2023 | −$1.7M | — | ||
| 2022 | −$1.7M | — | ||
| 2021 | $851K | — | ||
| 2020 | −$934K | — |
Growth signals
Pharrowtech website traffic
Latest recorded traffic for Pharrowtech is 39K monthly website visits, up 1118.8% over the last three months. Pharrowtech's team declined 75% over the past year.
Comparisons
Pharrowtech compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Pharrowtech's talent
Source: Dealroom Talent Intelligence.
Investors
6 investors on Pharrowtech's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Pharrowtech has talent and traffic
team presence
In the news
Latest news about Pharrowtech
Recent press, funding announcements, and product moves mentioning Pharrowtech — open to read from the original sources.
Market sentiment
What the market is saying about Pharrowtech
An AI-synthesized read of the highest-engagement posts about Pharrowtech on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Pharrowtech’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.