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Top 50 Artificial Intelligence Startup Investors in Portugal (September 2026)

The most active venture capital funds and angel investors investing in Portugal Artificial intelligence startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Portugal Artificial intelligence startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Portugal Ventures
VC Fund
43 Portugal, United States, France Seed, Venture - Series Unknown, Pre-Seed Software, Information Technology, Artificial Intelligence $107k–$3.6M
Armilar Venture Partners
VC Fund
14 Portugal, United States, United Kingdom Seed, Series A Software, Information Technology, Artificial Intelligence $520k–$17M
Bright Pixel Capital
VC Fund
10 United States, Portugal, Israel Series A, Series B, Seed Software, Information Technology, SaaS $1.2M–$35M
Shilling VC
VC Fund
9 Portugal, Spain, United States Seed, Pre-Seed, Series A Information Technology, Software, Artificial Intelligence $125k–$20M
Lince Capital
VC Fund
8 Portugal, United Kingdom, United States Seed, Venture - Series Unknown, Series A Artificial Intelligence, Hospitality, E-Commerce $859k–$16M
Caixa Capital
VC Fund
7 Portugal, United States, Spain Seed, Series A, Pre-Seed Software, Information Technology, Health Care $108k–$12M
COREangels Lisbon
VC Fund
7 Portugal, Finland, United Kingdom Seed, Pre-Seed, Angel Artificial Intelligence, Software, Marketing $83k–$2.7M
Faber
VC Fund
7 Portugal, United States, United Kingdom Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $29k–$25M
LC Ventures
VC Fund
6 Portugal, United Kingdom, United States Seed, Pre-Seed, Series A Information Technology, Software, Artificial Intelligence $12k–$12M
TheVentureCity
VC Fund
5 United States, Spain, Brazil Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $100k–$18M
Iberis Capital
VC Fund
5 Portugal, United States, Spain Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $107k–$23M
Bynd Venture Capital
VC Fund
5 Portugal, Spain, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Health Care $483k–$50M
Momenta Ventures
VC Fund
5 United States, Switzerland, Canada Seed, Series A, Series B Software, Artificial Intelligence, Industrial Automation $1M–$60M
Vesalius Biocapital Partners
VC Fund
4 Belgium, Germany, France Series A, Series B, Series C Biotechnology, Health Care, Medical $3.9M–$100M
APX
VC Fund
4 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Software, SaaS, Information Technology $55k–$15M
COREangels
VC Fund
4 Spain, United States, Portugal Seed, Pre-Seed, Series A Software, Information Technology, Health Care $124k–$17M
Brpx
VC Fund
4 Portugal, United States, Spain Seed, Pre-Seed, Series A Software, SaaS, Information Technology $348k–$15M
BlueCrow Capital
VC Fund
4 Portugal, United Kingdom, Spain Seed, Venture - Series Unknown, Series A Information Technology, Manufacturing, SaaS $697k–$18M
EDP Ventures
VC Fund
4 United States, Portugal, Brazil Seed, Series A, Venture - Series Unknown Software, Energy, Information Technology $530k–$14M
Explorer Investments
VC Fund
4 Portugal, Spain, Brazil Private Equity, Seed, Series A Manufacturing, Retail, Health Care $1.7M–$16M
GED Ventures Portugal
VC Fund
4 Portugal, France, Germany Seed, Venture - Series Unknown, Pre-Seed Software, Artificial Intelligence, Health Care $1.5M–$38M
HCapital Partners
VC Fund
4 Portugal, Italy, Spain Seed, Venture - Series Unknown, Series A Software, Power Grid, Information Technology $1.1M–$15M
WISENEXT
VC Fund
4 Portugal, United States Seed, Pre-Seed, Series A Software, Apps, SaaS $100k–$1.8M
Pathena
VC Fund
3 Portugal, Finland, Germany Seed, Series A, Series C Health Care, Artificial Intelligence, B2B $1.5M–$39M
Seven Seven Six
VC Fund
3 United States, Israel, India Seed, Series A, Pre-Seed Software, Blockchain, FinTech $776k–$65M
another.vc
VC Fund
3 Germany, Switzerland, France Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $1.2M–$20M
APEX Capital
VC Fund
3 United States, Portugal, United Kingdom Seed, Pre-Seed, Series A Sports, Artificial Intelligence, Media and Entertainment $611k–$25M
Kima Ventures
VC Fund
3 France, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $591k–$16M
Notion Capital
VC Fund
3 United Kingdom, United States, Germany Series A, Seed, Series B Software, Information Technology, SaaS $1.1M–$66M
Mario Götze
Angel
3 Germany, United States, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $1.2M–$60M
Olisipo Way
VC Fund
3 Portugal, Germany, Lithuania Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Analytics $118k–$5.3M
Maersk Growth
VC Fund
3 United States, United Kingdom, Denmark Series A, Seed, Series B Logistics, Supply Chain Management, Software $1.3M–$115M
Lakestar
VC Fund
3 Germany, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, FinTech $2.2M–$91M
Draper Associates
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Software, FinTech, Information Technology $700k–$41M
Farfetch
VC Fund
2 United States, United Kingdom, Spain Pre-Seed, Seed, Corporate Round Fashion, Blockchain, E-Commerce $35k–$200M
AngelsWay
VC Fund
2 Portugal Seed E-Commerce, Health Care, Artificial Intelligence $57k–$704k
Nicolas Julia
Angel
2 France, Israel, Sweden Seed, Pre-Seed, Series A FinTech, Artificial Intelligence, SaaS $400k–$15M
Pitchdrive
VC Fund
2 Belgium, United Kingdom, United States Pre-Seed, Seed, Series A Software, Artificial Intelligence, SaaS $110k–$4.8M
Omar Fonseca
Angel
2 France, Portugal Seed, Pre-Seed Sports, Soccer, Fitness $536k–$2M
Niko Klansek
Angel
2 Portugal Seed Software, Communities, SaaS $522k–$2.3M
Vanagon Ventures
VC Fund
2 Germany, United States, Israel Seed, Pre-Seed Artificial Intelligence, Blockchain, Information Technology $600k–$11M
Grupo Lusiaves service
VC Fund
2 Sweden, Portugal Seed, Post-IPO Equity, Venture - Series Unknown Computer, Consumer, Software $81k–$330k
Sonae
VC Fund
2 Spain, Portugal Series A, Seed, Equity Crowdfunding SaaS, Retail, Internet $6.2M–$85M
Antler
VC Fund
2 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $108k–$28M
200M
VC Fund
2 Portugal, Brazil, France Seed, Series A Health Care, Artificial Intelligence, Apps $2.7M–$6.5M
Crane Venture Partners
VC Fund
2 United Kingdom, United States, Germany Seed, Series A Software, Information Technology, Artificial Intelligence $2.9M–$37M
Beta-i
VC Fund
2 Portugal Seed, Pre-Seed Apps, FinTech, Computer
Spider Capital
VC Fund
2 United States, Canada, Israel Seed, Series A, Series B Software, Artificial Intelligence, SaaS $1.5M–$45M
35V
VC Fund
2 United States, France, Portugal Seed, Series A, Pre-Seed Sports, Content, Fashion $1.5M–$20M
DCVC
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $1.1M–$130M
Access all 312 investors in Portugal Artificial intelligence startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Portugal Ventures
VC Fund · Porto, Lisboa, Portugal · 43 investments in Portugal Artificial intelligence startups

Verticals:Enterprise, SaaS, Security, Networks, AI, VR/AR, Marketplace, Blockchain, Internet of Things, New materials, Electronics, Robotics, Cleantech, Agrotech, Seatech, Therapeutics, Digital Health, Diagnostics, Innovative Accommodation, Tourist Entertainment Companies, Tour Operators, Wine, Nautical and Equestrian Tourism, Theme ParksMobile, Robotics Founded in 2012, Portugal Ventures is a venture capital firm based in Porto, Portugal. The firm is a part of the Banco Português de Fomento group. The firm seeks to invest in pre-seed, seed and series A stages

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Portugal, United States, France

Investor stats

  • Total investments: 369
  • Round size: Seed $121k–$2M; Pre-Seed $107k–$796k; Venture - Series Unknown $121k–$3.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Aptoide — Find, discover and download the best apps and games for Android in the official Aptoide app store
  • Omniflow — Omniflow provides solutions powered by wind and solar for public spaces, Smart Lamppost, Smart Bench, Solar Smart Lighting, IoT Software, , Smart Pole, Smart City, Sustainability, CO2 reduction, decarbonization, Sustainable services
  • Codeplace — The best place to develop your coding skills with a comprehensive, specially curated list of tutorials and books.
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Armilar Venture Partners
VC Fund · Lisboa, Lisboa, Portugal · 14 investments in Portugal Artificial intelligence startups

Armilar Venture Partners is Portugal's leading venture capitalist. An independent VC with a 20-year-old history, a high-performance track record and an international footprint, Armilar is a deep-tech investor in ICT, HealthTech and CleanTech.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 117
  • Round size: Seed $520k–$3.9M; Series A $4M–$17M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely actively investing — fresh fund, raised $138M in 2025

Portfolio highlights

  • Airflows — Airflows is a platform offering private AI solutions for back-office operations, enabling the creation of applications, workflows, and agent assistants from documents, rules, and approvals while maintaining full control, auditability, and integration with existing systems like ERP, ECM, and BPM.
  • Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
  • DOJO AI — The only tool you need to grow your Brand.
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Bright Pixel Capital
VC Fund · Maia, Porto, Portugal · 10 investments in Portugal Artificial intelligence startups

Bright Pixel Capital (former Sonae IM) is the technology investment arm of the multinational group Sonae. With special focus on cybersecurity, infrastructure software, retail technologies, business applications and emerging tech, it has a portfolio of more than 60 companies, from early to growth stages. Bright Pixel acts as a partner that bringsspecialized know-how, global footprint, and a wealth of experience in helping companies from early stage to IPO.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: United States, Portugal, Israel

Investor stats

  • Total investments: 128
  • Round size: Seed $1.2M–$7.3M; Series A $5.4M–$16M; Series B $5.9M–$35M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Huskeys — Stop settling for broken WAF. Huskeys unifies multi-WAF control, eliminates false positives, and protects revenue with automated edge security management.
  • Bria — Bria is a Computer Software company.
  • Mesh Security — Mesh Security is the industry’s first complete Zero Trust Posture Management (ZTPM) SaaS platform, a single source of truth that enables companies to implement a unified Zero Trust Architecture on top of their existing stack. Without using agents, Mesh effortlessly and seamlessly maps a company’s entire cloud XaaS estate in minutes, providing fullcontextual visibility, control, and protection of the Everywhere Enterprise.
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Shilling VC
VC Fund · Lisboa, Lisboa, Portugal · 9 investments in Portugal Artificial intelligence startups

Shilling is an early-stage venture capital firm backing exceptional founders from the start.Shilling invests in a wide range of verticals and seeks out the biggest opportunities across all B2B and consumer categories. Leveraging the concept of Founder LPs, Shilling brings much more than capital and offers through its Shilling Platform, directaccess to successful founders and executives of leading companies. This platform supports entrepreneurs in validating and developing their ventures, which then accelerate their growth into global markets.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, Spain, United States

Investor stats

  • Total investments: 118
  • Round size: Seed $274k–$5M; Pre-Seed $125k–$3M; Series A $5M–$20M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $49M in 2024

Portfolio highlights

  • Tucuvi — Tucuvi is a health technology company unlocking efficient and high-quality healthcare at scale with a CE-marked platform for Phone Consultation Automation. We develop safe and clinically validated Conversational AI for any care pathway, enabling clinical teams to augment their capacities, improve processes’ efficiency and efficacy, and achievebetter patient outcomes and satisfaction through continuous and personalized care.
  • Balance — Balance is a private digital health company based in Spain that operates in the clinics and outpatient healthcare services sector. company's core mission is to provide an integrated, medical, and sustainable approach to treating obesity and overweight conditions. Moving away from traditional restrictive diets, the company leverages asubscription-based telehealth model combined with clinical pharmacology.
  • Punto Health — AI-powered digital platform for management of Alzheimer's and other dementias.
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Lince Capital
VC Fund · Lisbon, Lisboa, Portugal · 8 investments in Portugal Artificial intelligence startups

Lince Capital is an independent venture capital company. Lince Capital was born from the experience of a family group with over 30 years of experience in managing investment funds in various business areas, including real estate, infrastructure, agriculture, and telecommunications.Lince Capital is distinguished by its personalized and excellentsupport, close and direct relationship with each of its investors and business partners, and the dedication of an experienced and dynamic team.

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Investment focus

  • Industry: Artificial Intelligence, Hospitality, E-Commerce
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Portugal, United Kingdom, United States

Investor stats

  • Total investments: 57
  • Round size: Seed $859k–$6.8M; Series A $2.1M–$16M; Venture - Series Unknown $1.3M–$13M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $22M in 2024

Portfolio highlights

  • BIZAY — Bizay enables the world’s largest catalogue of customizable products. Its technology platform operates across Europe, South and North America, and digitalizes the booming and huge industry of product customization by empowering brands, people and societies to self-express. It enables local manufacturers, brands, and wholesalers to offercustomization on any product in the world and reduces the cost of production by half through batching and supply-chain optimization technologies. Our platform/technology is aimed at three customer targets:(i) B2B2C provides a platform for businesses to design and sell customized products from Bizay’s existing product catalogue, with the four main customer segments: Resellers, Content Creators (Independent artists, influencers or event or managers that want to sell customized merchandise with their branding, designs or artwork), e-Commerce entrepreneurs (Small entrepreneurs that aim to expand their catalogue and upgrade their business by adding customized products to their online stores), as well as big household brands & enterprises (well-established business in need of a partner that is capable of handling large volume of customized products orders or to expand their existing offer)(ii) B2B, which is focused on SMBs, provides an extensive product catalogue for customized products to be used in several industries (ex: uniforms for restaurants and bags for retail shops) (iii) Customization-as-a-Service (CaaS), where clients (typically major brands) capitalize on Bizay’s technology, expertise, customization options, techniques and offline suppliers to customize their own products
  • Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
  • Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
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Caixa Capital
VC Fund · Lisboa, Lisboa, Portugal · 7 investments in Portugal Artificial intelligence startups

Caixa Capital is the Private Equity and Venture Capital arm of banking Group Caixa Geral de Depósitos and has a track record spanning over two decades of activity, since the industry was created in Portugal. It is a leading investor in terms of funds under management, portfolio size and diversity.Caixa Capital´s mission is to invest in fundsand companies, led by highly qualified management teams, with high growth and valuation potential, that enable our funds to achieve an attractive risk adjusted return and for society at large to benefit sustainably from our activity.Currently with more than 700 million Euros under management and a portfolio of over 80 investments, Caixa Capital is a reference in this area with special links to the respective European sector associations.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Portugal, United States, Spain

Investor stats

  • Total investments: 88
  • Round size: Seed $111k–$3M; Pre-Seed $108k–$1.7M; Series A $3M–$12M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Growappy — Growappy is an EdTech that offers an all-in-one platform for early education that is leading a vision to unlock personalized education since nursery with the power of AI, while providing a revolutionary communication experience between schools and families and drastically simplifying bureaucracy for teachers and school owners.
  • Noxus — At Spot, we're crafting the operating system for tomorrow's workforce, harnessing AI to streamline influencer marketing. Our platform empowers agencies, businesses, and content creators to collaborate effectively and reach audiences with ease.
  • Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
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COREangels Lisbon
VC Fund · 7 investments in Portugal Artificial intelligence startups

COREangels Boston is a group of operators and entrepreneurs investing at the angel stage in startups which have low capital costs and are either special situations or unicorns-in-waiting.

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Investment focus

  • Industry: Artificial Intelligence, Software, Marketing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Portugal, Finland, United Kingdom

Investor stats

  • Total investments: 14
  • Round size: Seed $1.2M–$2.7M; Pre-Seed $83k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tilect — The AI pricing platform that joins forecasting, pricing & promotion optimization, and competitive intelligence in one decision layer. 94.6% forecast accuracy, 10K+ competitor signals daily, productive in week one.
  • Weiver — Weiver helps businesses professionally manage, improve, and analyze reviews with a centralized AI platform.
  • GOVA — GOVA is a food-biotech startup that uses creativity and delicious flavor to create the healthiest sugar on the planet.
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Faber
VC Fund · Lisbon, Lisboa, Portugal · 7 investments in Portugal Artificial intelligence startups, 6 in the past 12 months

Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. The firm combines a specialist focus on deep tech early-stage startups with dedicated funds, investment teams and expert advisors to actively helpfounders build global companies powered by AI/Data, Web3 or Ocean/Climate technologies.Faber’s unique approach in Southern Europe is led by an entrepreneurial management partnership and backed by notable thesis-driven institutions and private investors. Investing since 2013, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, iLoF or YData.

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 97
  • Round size: Seed $549k–$5.2M; Pre-Seed $29k–$3M; Series A $2.5M–$25M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $34M in 2024

Portfolio highlights

  • Porelio — Porelio is an environmental technology that provides purification technologies for water and industrial chemicals.
  • ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
  • InSpacePropulsion Technologies — Cost-effective, robust, and quickly available propulsion solutions, based on 10+ years of R&D and 40 years of combined experience in space propulsion.
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LC Ventures
VC Fund · Lisbon, Lisboa, Portugal · 6 investments in Portugal Artificial intelligence startups

We’re an early stage European venture capital firm partnering with globally minded founders.We’re supportive, founder focused, and aim to work together with you as a close and collaborative team of independent thinkers. Along with the support of our entire network, each member of our team brings their own personal experience to the table. Thefirst ticket is up to 200K€ and the total investment in a given startup can be up to 1M€.We decide investments quickly, allowing the founders to get back focusing on growing the business. Our team and network of international mentors help young startups to scale quickly and to prepare for the next rounds.Our partners have been investing in tech-based startups since 2000 and have a portfolio of more than 100 companies in the USA, Brazil, The Netherlands, Spain and Portugal.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, United Kingdom, United States

Investor stats

  • Total investments: 65
  • Round size: Seed $278k–$4.9M; Pre-Seed $12k–$417k; Series A $5.4M–$12M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $17M in 2018

Portfolio highlights

  • Lyzer — The groceries marketplace where you can find everthing you need. Buy online groceries as fast as in 4 hours with personalized picking.
  • Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
  • Primetag — AI-native influencer & creator marketing platform for brands & agencies. Find the best creators, analyse the market and competitors, and measure campaign performance.
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TheVentureCity
VC Fund · Miami, Florida, United States · 5 investments in Portugal Artificial intelligence startups

TheVentureCity is a global early-stage venture fund, investing in product-centric startups across the US, Europe, and Latam. With more than $150M under management, the firm invests from pre-seed and seed with a ticket size from $100-500k to Series A with $1-4M.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Spain, Brazil

Investor stats

  • Total investments: 172
  • Round size: Seed $100k–$4.9M; Pre-Seed $100k–$1.5M; Series A $2.3M–$18M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely actively investing — fresh fund, raised $2.8M in 2026

Portfolio highlights

  • Belo — Crypto for everyone, everyday
  • Senticell — Senticell is a biotechnology and molecular diagnostics company developing a breakthrough platform that uses red blood cell (RBC) DNA and cfDNA analysis to revolutionize non-invasive disease detection. The research demonstrates that RBCs act as immune-responsive biosensors, capable of carrying molecular and genetic biomarkers from across the body -unlocking a powerful and previously untapped gateway for liquid biopsy and precision diagnostics. By harnessing this cellular intelligence, we enable early disease detection, biomarker discovery and AI-driven diagnostic insights to support precision medicine and personalised treatment outcomes.
  • Sidekick — Expertly-managed portfolios for the modern investor
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Iberis Capital
VC Fund · Lisbon, Lisboa, Portugal · 5 investments in Portugal Artificial intelligence startups

Iberis is an investment manager that operates a value-oriented investment management.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Portugal, United States, Spain

Investor stats

  • Total investments: 61
  • Round size: Seed $1.2M–$4.6M; Pre-Seed $107k–$4.4M; Series A $5.3M–$23M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Hope Care Health — Hope Care is a digital health company that combines services, products, and cutting-edge technology platforms to enable the delivery of Social and Health Care without barriers.
  • Reckon.ai — Whether you're building an unattended store or supplying the equipment behind it, Reckon's patented AI technology transforms existing infrastructure into smart, autonomous assets.
  • Jscrambler — Jscrambler is the leading client-side security solution for JavaScript in-app protection and real-time webpage monitoring. Start your free trial today!
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Bynd Venture Capital
VC Fund · Lisbon, Lisboa, Portugal · 5 investments in Portugal Artificial intelligence startups, 7 in the past 12 months

Bynd is a leading Iberian Venture Capital firm

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Investment focus

  • Industry: Software, SaaS, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, Spain, United Kingdom

Investor stats

  • Total investments: 75
  • Round size: Seed $483k–$5.4M; Pre-Seed $552k–$2.1M; Series A $2.3M–$50M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely actively investing — fresh fund, raised $43M in 2024

Portfolio highlights

  • Pollen — Electric mobility for lightweight vehicles is about to get simpler, more affordable and more reliable.
  • Wio Capital — Wio Capital is a wealthtech company that builds an AI-powered wealth management platform for financial advisors, offices, and bankers.
  • Spacebackend — Lynapse by Spacebackend unifies interface modeling, version control, testing, and validation. Convert ICDs into traceable, deterministic implementations with human-in-the-loop review.
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Momenta Ventures
VC Fund · Engelberg, Obwalden, Switzerland · 5 investments in Portugal Artificial intelligence startups

Momenta is the leading Industrial Impact® venture capital firm, accelerating industrial innovators across energy, manufacturing, smart spaces, and the supply chain. For over a decade, our team of deep industry operators has helped scale industry leaders and innovators to improve critical industries, the environment, and people's quality oflife. PitchBook has ranked Momenta as one of the ten best-performing venture capital firms for 2023 in its prestigious Global Manager Performance Score League Tables, and the firm is the only European-headquartered VC to secure a Top 10 spot on the list.

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Investment focus

  • Industry: Software, Artificial Intelligence, Industrial Automation
  • Stage:Seed, Series A, Series B
  • Geography: United States, Switzerland, Canada

Investor stats

  • Total investments: 109
  • Round size: Seed $1M–$5.7M; Series A $2.5M–$23M; Series B $20M–$60M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • AKUA — AKUA is a subscription data service delivering actionable, real-time, and secure business intelligence directly to cargo owners. Their flexible IoT platform provides persistent environmental monitoring and tracking solutions for intermodal cargo containers with no new equipment to buy or manage. AKUA IoT gateway devices, sensors, and devicelogistics are included in the subscription, and any existing IoT sensors can also be integrated into the system. AKUA combines the industry's most advanced tracking devices, tamper-resistant and tamper-evident multi-layer security, and in-transit analytics into a seamless cloud-based solution.
  • DataHow — DataHow is specialized in data analytics and bioprocess modeling
  • Luffy AI — Discover Luffy AI's Neuroplastic AI for rapid, adaptive industrial control in robotics, drives, automotive, and more. Enhance system performance and reduce calibration needs. Replace or complement PID loops with Adaptive Control for your Physical AI usecase.
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Vesalius Biocapital Partners
VC Fund · Strassen, Luxembourg, Luxembourg · 4 investments in Portugal Artificial intelligence startups

Vesalius Biocapital Partners invests in companies active in human health through venture capital funds raised since 2007. They have contributed to developing 20 companies since inception.With more than € 150 million under management in two funds. Vesalius Biocapital Partners plays the role of lead investor in the large majority of its financingrounds.Their companies are based in Europe allowing easy interaction with management.They invest in all stages of development and do not shy away from relatively early-stage projects with a sound proprietary technology and corresponding IP, unique team skills and a clear competitive edge based on solid data.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: Belgium, Germany, France

Investor stats

  • Total investments: 61
  • Round size: Series A $3.9M–$20M; Series B $4.4M–$26M; Series C $7M–$100M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $103M in 2023

Portfolio highlights

  • Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
  • ENYO Pharma — ENYO Pharma is a biopharmaceutical company incorporated in Jan, 2014, by four scientists of the Infectiology Research Center in Lyon, France, and three seeding partners (2 privates and 1 public).The company is based in the Infectiology Center of Lyonbiopôle in Lyon, France and maintains tight collaborations with the seminal Inserm team and theBSL4 laboratory Inserm-Jean Mérieux.ENYO Pharma has licensed several Inserm patents issued from the discoveries of the founding scientists and developed a unique platform for the identification of intracellular therapeutic targets and molecules.The company is developing treatments against the most important viruses and is thriving to become a global leader in anti-virals. Research and Development is currently focused on human infecting viruses, with the first two programs being dedicated to the treatment of severe and seasonal flu and chronic hepatitis B. The company plans to conduct its molecules to Phase II clinical trials.
  • Inflammatix — Inflammatix develops rapid point of care diagnostic tests by reading the immune system, and resolves major clinical health challenges.
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APX
VC Fund · Berlin, Berlin, Germany · 4 investments in Portugal Artificial intelligence startups

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 211
  • Round size: Seed $1M–$5M; Pre-Seed $55k–$1.4M; Series A $2.1M–$15M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $67M in 2021

Portfolio highlights

  • VisioLab — Instantly scan products for self-checkout, using the iPad camera - no barcodes needed. Designed for speed, simplicity and human centricity.
  • Bloom — Moved to @bloomsocial
  • Track Titan — Titan Academy revolutionises how gamers improve through fully automated coaching.
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COREangels
VC Fund · Ílhavo, Aveiro, Portugal · 4 investments in Portugal Artificial intelligence startups

Where startups can get much more than money, and Investors can professionally invest as angels.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain, United States, Portugal

Investor stats

  • Total investments: 77
  • Round size: Seed $278k–$5.2M; Pre-Seed $124k–$2.2M; Series A $6.1M–$17M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Pawer — Pawer is a digital platform that provides health and wellness services for pets, specifically designed for dogs and cats. The platform offers a range of services through its mobile application, including remote veterinary consultations, reimbursement for veterinary expenses, and discounts on pet products. It focuses on delivering accessible andcomprehensive pet care solutions, offering coverage for emergencies, regular check-ups, vaccinations, and preventive services.
  • hypt — hypt is a Swiss based SaaS marketing solution that empowers companies to digitalize word-of-mouth. By using our word-of-mouth manager companies are able to activate 40% of their customers to send out a personal recommendation to their peers increasing sales through word-of-mouth by 4 times. Our solution empowers our ICP customers in the finance andinsurance segments to strategically use and optimize the most authentic and cost effective advertising channel – word-of-mouth – and makes it an accessible asset of every marketing mix.
  • Ex Nunc Intelligence — Ex Nunc Intelligence provides professionals with thorough summaries of legal information, credible responses to legal issues, and automated legal document preparation features.
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Brpx
VC Fund · Lisboa, Lisboa, Portugal · 4 investments in Portugal Artificial intelligence startups

A prominent European venture capital in Retail Technologies, Digital Infrastructure, Cybersecurity, and Emerging Technologies

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, United States, Spain

Investor stats

  • Total investments: 17
  • Round size: Seed $409k–$2.4M; Pre-Seed $348k–$1.3M; Series A $7.2M–$15M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Chord — Chord is a commerce data platform purpose-built for modern brands. Chord enables brands to unify, synthesize, and orchestrate their data to drive radical decisions and revenue.
  • Didimo — Didimo creates realistic high-fidelity digital humans. Simple, fast, accurate user-generated avatars to integrate into your app, game or site.
  • Probely — Probely is a web application and API vulnerability scanner for agile teams. Automate Security Testing by adding Probely into your SDLC and CI/CD pipelines.
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BlueCrow Capital
VC Fund · Lisboa, Lisboa, Portugal · 4 investments in Portugal Artificial intelligence startups

BlueCrow Capital is a venture capital firm.

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Investment focus

  • Industry: Information Technology, Manufacturing, SaaS
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Portugal, United Kingdom, Spain

Investor stats

  • Total investments: 32
  • Round size: Seed $697k–$10M; Series A $6.5M–$16M; Venture - Series Unknown $3M–$18M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Bighub — The All-in-One Platform for european marketplace growth. Integration, Catalog SEO, Pricing, Financing, Logistics, Helpdesk, and Resale.
  • Flowbotic — development and manufacturing of AGVs and AMRs
  • Bling Energy — Bling Energy is a startup that focuses on providing more efficient and sustainable energy solutions, mostly through solar panels.
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EDP Ventures
VC Fund · Lisbon, Lisboa, Portugal · 4 investments in Portugal Artificial intelligence startups

EDP Ventures is the venture capital arm of EDP. We invest in early-stage startups working in the energy space

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Investment focus

  • Industry: Software, Energy, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Portugal, Brazil

Investor stats

  • Total investments: 85
  • Round size: Seed $530k–$4.5M; Series A $1.7M–$14M; Venture - Series Unknown $558k–$11M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $8M in 2018

Portfolio highlights

  • Mixergy — Our hot water solutions help homes, buildings, and utilities transition to a cleaner, more resilient future.
  • Spotlite — Spotlite combines satellite data with AI to predict infrastructure risks before they become problems.
  • Delfos Energy — Why did it Fail? Avoid unexpected failures across your assetsReduce the risk of unexpected failuresmoreOptimize Maintenance Windowsmoreretain and scale up operational knowledgemoreplatform real time monitoring, analysis and predictions for renewable energy and oil&gas assetsVIEW OUR APPLICATIONS customer and partnerssee what our customers say about our solutions TestimonialsYour failure prediction alarm, helped us avoid an
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Explorer Investments
VC Fund · Lisboa, Lisboa, Portugal · 4 investments in Portugal Artificial intelligence startups

Founded in 2003, Explorer is Portugals leading independent management company of alternative assets, with a reputation for outstanding quality, in-depth experience and an excellent track record.

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Investment focus

  • Industry: Manufacturing, Retail, Health Care
  • Stage:Private Equity, Seed, Series A
  • Geography: Portugal, Spain, Brazil

Investor stats

  • Total investments: 88
  • Round size: Seed $1.7M–$11M; Series A $6.9M–$16M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $154M in 2018

Portfolio highlights

  • Luca — Luca's learning platform provides learning programs for primary and secondary school students. The learning platform offers pre-recorded K12 videos, gamified content and AI powered personalized study paths, covering the entire official academic curriculum and national exams prep. Luca is a VC backed startup with HQ in Madrid & MexicoCity
  • Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
  • Spotlite — Spotlite combines satellite data with AI to predict infrastructure risks before they become problems.
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GED Ventures Portugal
VC Fund · Lisboa, Lisboa, Portugal · 4 investments in Portugal Artificial intelligence startups

GED Ventures Portugal is an Investment firm.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Portugal, France, Germany

Investor stats

  • Total investments: 17
  • Round size: Seed $1.5M–$3.3M; Venture - Series Unknown $12M–$38M
  • Lead/follow: 65% lead, 35% follow

Portfolio highlights

  • Rofim — Rofim provides a multidisciplinary platform that combines practitioners' knowledge, technology for analyses, and medical imaging to provide a diagnosis. In order to share knowledge and provide the most accurate and timely diagnosis possible, Rofim concentrates on all the functionalities created for fluid medical use. The company is dedicatedto making the daily lives of physicians, patients, and medical institutions easier, more moral, and more seamless.
  • Hoopers — Global basketball community platform connecting players, fans and enthusiasts through products, contents, experiences and NFTs.
  • Hope Care Health — Hope Care is a digital health company that combines services, products, and cutting-edge technology platforms to enable the delivery of Social and Health Care without barriers.
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HCapital Partners
VC Fund · Lisbon, Lisboa, Portugal · 4 investments in Portugal Artificial intelligence startups

We are an independent private equity firm, investing in a broad spectrum of companies through dedicated funds.

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Investment focus

  • Industry: Software, Power Grid, Information Technology
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Portugal, Italy, Spain

Investor stats

  • Total investments: 21
  • Round size: Seed $1.2M–$4.8M; Series A $5.2M–$9.5M; Venture - Series Unknown $1.1M–$15M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Reefilla — Reefilla EV charging services: recharge your car anywhere, anytime
  • Automaise — AI Agents that automate, assist, and accelerate customer service operations. See how Automaise helps enterprise teams resolve more, escalate less, and deliver results within weeks.
  • Dingoo — Dingoo is an e-commerce company that uses AI to deliver retail groceries to consumers on same day without any restrictions.
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WISENEXT
VC Fund · Lisboa, Lisboa, Portugal · 4 investments in Portugal Artificial intelligence startups

WiseNext is a venture and smart capital investment company. We focus on helping young entrepreneurs with innovative ideas that have an impact on our society, providing capital, knowledge and networking.

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Investment focus

  • Industry: Software, Apps, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $532k–$1.8M; Pre-Seed $100k–$1.1M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • pleez — Pleez offers Restaurant's an optimisation of their menu within Delivery Platforms, so that they can have a revenue increase up to 25%.
  • Volup — Volup is a premium food delivery app that partners exclusively with top-tier chefs and restaurants.
  • Mediaprobe — Not all impressions are created equal. Understand the emotional impact of your content. Learn about Mediaprobe - Next-gen media measurement.
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Pathena
VC Fund · Porto, Lisboa, Portugal · 3 investments in Portugal Artificial intelligence startups

Pathena is an investment firm engaged on boosting the success of information technology and digital biomedical companies.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, B2B
  • Stage:Seed, Series A, Series C
  • Geography: Portugal, Finland, Germany

Investor stats

  • Total investments: 15
  • Round size: Seed $1.5M–$3.7M; Series A $2.7M–$30M; Series C $39M–$39M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $74M in 2013

Portfolio highlights

  • Promptly — Health Analytics Patient Report Outcomes, Health Care, Value based health
  • Healthplus.ai — Healthplus.ai enables surgical care professionals to be more proactive towardcs patients, care and outcome; predicting infections before they are normally diagnosed.
  • NVision Quantum Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Seven Seven Six
VC Fund · Palm Beach Gardens, Florida, United States · 3 investments in Portugal Artificial intelligence startups, 11 in the past 12 months

An early stage firm that runs on software (Cerebro.AI) we built ourselves. We back founders building toward an optimistic future: Stoke Space, MrBeast, Riverside, Starcloud, ModRetro, Erebor, Angel City FC, and more

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Investment focus

  • Industry: Software, Blockchain, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Israel, India

Investor stats

  • Total investments: 157
  • Round size: Seed $3.1M–$13M; Pre-Seed $776k–$3M; Series A $10M–$65M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.3M in 2026

Portfolio highlights

  • Plot — We power the best creative teams to help streamline creative development and cross-collaborate in one source of truth.
  • Starcloud — Starcloud is building a network of megawatt-scale data centers in space, scaleable to gigawatt capacity. Falling launch costs allow Starcloud to take advantage of the abundant energy, passive cooling, and high-speed connectivity in space.
  • Halo Braid — The next era of braiding is coming.
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another.vc
VC Fund · Berlin, Berlin, Germany · 3 investments in Portugal Artificial intelligence startups

We're just another venture capital firm. We invest as soon as you made up your mind to start a company. Sometimes even before that.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, Switzerland, France

Investor stats

  • Total investments: 54
  • Round size: Seed $1.6M–$6.7M; Pre-Seed $1.2M–$3.6M; Series A $9M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ark Climate — Ark Climate is a climate-tech company that develops software to support municipal climate protection planning and execution.
  • Cleavr — Cleavr is the first AI partner that automatically takes your money. which is linked to your ERP, takes care of everything on its own
  • Immitra Bio — Developing scalable in-vivo genomic medicine for blood disorders
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APEX Capital
VC Fund · Cascais, Lisboa, Portugal · 3 investments in Portugal Artificial intelligence startups

Investing with elite athletes in Sports, Media and Entertainment.

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Investment focus

  • Industry: Sports, Artificial Intelligence, Media and Entertainment
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Portugal, United Kingdom

Investor stats

  • Total investments: 31
  • Round size: Seed $1M–$7M; Pre-Seed $611k–$2.5M; Series A $3M–$25M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $53M in 2023

Portfolio highlights

  • Marquee — Marquee turns football data into decision-ready insights in seconds, unifying external and internal data and filtering it through your club's sporting DNA.
  • Northern Super League — Northern Super League operates a professional women's soccer league, offering matches, stats, and news online.
  • International Dance League — The Global Professional Dance League Teams: Royal Family, Quick Style, 1MILLION, Jam Republic, Brotherhood, GRV
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Kima Ventures
VC Fund · Paris, Ile-de-France, France · 3 investments in Portugal Artificial intelligence startups

Kima Ventures promotes the growth of startups, supporting them in the fastest and most effective ways.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 719
  • Round size: Seed $650k–$5.5M; Pre-Seed $591k–$3.8M; Series A $1.2M–$16M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Hoora — Hoora is a mobile gaming platform that offers an instant, scrollable feed of over 200 casual and arcade mini-games playable without downloads or waiting.
  • Klaimee — Certify your AI agent. Get guaranteed. Risk evaluation, certification badge, financial guarantee, and liability insurance for AI agents.
  • Shiplong — Shiplog gives every customer a live profile and decides the next best action in real time, so you expand, retain and grow revenue from the customers you already have.
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Notion Capital
VC Fund · London, England, United Kingdom · 3 investments in Portugal Artificial intelligence startups

Notion Capital is a VC firm focused on European SaaS and Cloud.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 287
  • Round size: Seed $1.1M–$8.1M; Series A $4.5M–$28M; Series B $7.5M–$66M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely actively investing — fresh fund, raised $130M in 2025

Portfolio highlights

  • Volo Commerce — Volo brings together data and intelligence from all over the commerce ecosystem and uses AI to provide real-time actionable insights.
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
  • Pivot — Pivot operates as a fintech company.
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Mario Götze
Angel · German, Grad Sofiya, Bulgaria · 3 investments in Portugal Artificial intelligence startups, 8 in the past 12 months

Mario Götze is a professional footballer.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 69
  • Round size: Seed $3M–$10M; Pre-Seed $1.2M–$6.2M; Series A $9.6M–$60M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Zeit AI — Zeit AI, founded by former Palantir engineers, generates a structured data base atop your tabular data files which you can query using natural language. For example, you suspect an efficiency in your organisation and you have a bunch of data files, instead of reading through all of them one by one in excel, you explore them in Zeit AI. Theycurrently offer a two-week pilot program where their engineers develop tailored solutions for data challenges involving CSV, Excel, or PDF files.
  • Kodesage — Kodesage captures your company's collective knowledge to help understand and modernize legacy code
  • Helical — The full power of DNA & (m)RNA Bio Foundation Models in one open-core platform. Accelerate Drug Discovery with AI.
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Olisipo Way
VC Fund · Lisbon, Lisboa, Portugal · 3 investments in Portugal Artificial intelligence startups

Olisipo Way is an early-stage venture firm that focuses on IT investments. It invests in technology companies with very diverse and complementary skills. The initial portfolio of Olisipo Way comes from the innovation created within the Olisipo through the continuous stimulation of innovation among employees and the incubation of new businessventures.The firm was founded in 2015 and is headquartered in Lisbon, Lisboa.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Portugal, Germany, Lithuania

Investor stats

  • Total investments: 43
  • Round size: Seed $250k–$5.3M; Pre-Seed $118k–$1.5M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • DoJob.ai — Hybrid Intelligence Innovation Project
  • OSCAR — OSCAR offers a variety of fixed-price home services, including maintenance, cleaning, laundry, and beauty services, all accessible through a user-friendly app. Customers can easily schedule appointments for these services, with options available for immediate bookings. Additionally, OSCAR provides repair services for household appliances likewashing machines and boilers, ensuring convenience for users. The platform streamlines the process of finding and scheduling necessary home services, catering to the needs of busy individuals and families. Through its comprehensive service offerings, OSCAR simplifies home management for its users.
  • Fluxe Insurance Software — FLUXE develops AI software based to build digital tools for claim automation aligned with the challenges of the insurance industry!
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Maersk Growth
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Portugal Artificial intelligence startups

Integrated logistics company and global leader in container shipping.

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Investment focus

  • Industry: Logistics, Supply Chain Management, Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Denmark

Investor stats

  • Total investments: 96
  • Round size: Seed $1.3M–$4.9M; Series A $10M–$22M; Series B $10M–$115M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Nabu — Nabu unifies the entire customs declaration process on a single AI-powered platform. It automates operations to save time and reduce errors. The platform helps businesses make critical decisions more efficiently.
  • Vertoro — Vertoro transforms woody and agricultural residues into a wide range of bio-based chemicals, materials, and fuels.
  • Kvasir Technologies — Imagine a world without fossil fuelsThis is where we come in! We have invented a solution that makes this possible already in 2050.
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Lakestar
VC Fund · Zürich, Zurich, Switzerland · 3 investments in Portugal Artificial intelligence startups

Lakestar invests in founders and technologies shaping Europe's future, helping build resilience, sovereignty, and long-term growth in a changing world.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 247
  • Round size: Seed $2.2M–$19M; Series A $6.7M–$65M; Series B $16M–$91M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fresh fund, raised $300M in 2026

Portfolio highlights

  • Swan — Use Swan's APIs to embed white-labeled banking features like accounts, cards, and IBANs into your workflows and UX.
  • Vertice — The SaaS purchasing platform that gives finance leaders cost control, efficiency and flexibility.
  • Cambridge Aerospace — Our mission is to eliminate the risk of existential war in Europe.
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Draper Associates
VC Fund · San Mateo, California, United States · 2 investments in Portugal Artificial intelligence startups

Draper Associates, founded in 1985, is a seed-stage venture capital firm that helps entrepreneurs to drive their businesses to greatness. We understand that a great company takes time to build and we'd like to ensure that entrepreneurs are in for the long haul.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 504
  • Round size: Seed $700k–$7.7M; Series A $2.5M–$28M; Series B $5M–$41M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fresh fund, raised $200M in 2025

Portfolio highlights

  • Radiant — Clean. Portable. Safe. Energy
  • Sati — Sati is revolutionising financial inclusion, beginning in Latin America, by making digital currencies more accessible. With our revolutionary WhatsApp-based platform, users can easily acquire, trade, and receive stable currencies and Bitcoin
  • Cloverleaf Bio — Cloverleaf Bio | Developing a new class of RNA therapeutics to revolutionize cancer therapy.
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Farfetch
VC Fund · London, England, United Kingdom · 2 investments in Portugal Artificial intelligence startups

Farfetch operates an e-commerce website that unites various independent fashion boutiques. It offers bags, coats, dresses, jackets, jewellery, swimwear, trouser, shoes, knitwear, suits, shorts, and accessories. They operate a modular end-to-end technology platform purpose built to connect the luxury fashion ecosystem worldwide. Their vision wasto create a single operating system that could address the complex demands of consumers and luxury sellers alike. Their platform is built on an API-enabled proprietary technology stack, which provides the foundation for the three main components: applications, services and data. Farfetch serves women, men, and kids. Jose Neves founded the company in 2008, with its headquarters in London, United Kingdom.

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Investment focus

  • Industry: Fashion, Blockchain, E-Commerce
  • Stage:Pre-Seed, Seed, Corporate Round
  • Geography: United States, United Kingdom, Spain

Investor stats

  • Total investments: 36
  • Round size: Seed $35k–$4.9M; Pre-Seed $100k–$200k; Corporate Round $200M–$200M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Decommerce — Decommerce is community software that allows brands to create communities on their websites or landing pages.
  • Nettle Labs — Nettle is a decentralised payment solution that rewards consumers and businesses for going Net Zero. Nettle makes it easy to take crypto payments globally, reward customers and reduce your CO2e emissions, all in one place.
  • Numbers Protocol — Explore Numbers Protocol, a leader in blockchain-driven digital media authenticity aligned with C2PA standards. Join our robust platform to secure and verify digital content through advanced blockchain technology.
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AngelsWay
VC Fund · 2 investments in Portugal Artificial intelligence startups

Discover the power of community-driven investing with Angels Way - a Portugal-based organization dedicated to fostering the growth and success of early-stage startups. By providing funding, resources, and support, we empower technology-driven companies to make a real difference in the world. Join us in our mission to drive innovation and change through the next generation of startups in Portugal.

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Investment focus

  • Industry: E-Commerce, Health Care, Artificial Intelligence
  • Stage:Seed
  • Geography: Portugal

Investor stats

  • Total investments: 7
  • Round size: Seed $57k–$704k
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Curiouz — Curiouz is a tech-enabled platform dedicated to source, authenticate and deliver iconic vintage furniture pieces for interior designers, collectors, and design lovers. We bring together a unique selection of items combining sustainability, craftsmanship, and technology. Discover unique items that elevate interiors.
  • Coalex.ai — AI governance platform with human-in-the-loop to make deployments auditable, compliant, and self-improving. Book a demo.
  • Hands On — Discover hands on workshops in Portugal! From cooking and crafts to music and photography, explore unique classes with talented local teachers.
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Nicolas Julia
Angel · Paris, Ile-de-France, France · 2 investments in Portugal Artificial intelligence startups

Nicolas Julia is based out of Paris, Ile-de-France, and is the CEO and Co-founder of Sorare. Nicolas previously worked at Stratumn as a VP of Operations. Nicolas Julia attended the EM Lyon Business School.

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Investment focus

  • Industry: FinTech, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, Israel, Sweden

Investor stats

  • Total investments: 13
  • Round size: Seed $1.1M–$15M; Pre-Seed $400k–$1.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • cubzh — cubzh is a new free-to-play video game that is all about user-generated content through a cube system.
  • Altertable — We're building an AI-driven, proactive, unified platform that redefines how modern companies leverage their data.
  • Sekai Studio — Creating mind blowing official entertainment anime fans have been dreaming about
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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 2 investments in Portugal Artificial intelligence startups

Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Belgium, United Kingdom, United States

Investor stats

  • Total investments: 93
  • Round size: Seed $1M–$4.8M; Pre-Seed $110k–$2.5M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fresh fund, raised $69M in 2026

Portfolio highlights

  • OTIV — OTIV offers autonomous technology to make your railway operations in complex environment safer and more efficient.
  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Driven — Driven is the easiest platform to design smart incentives, align targets, and boost overall sales performance.
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Omar Fonseca
Angel · Issy-les-moulineaux, Ile-de-France, France · 2 investments in Portugal Artificial intelligence startups

Omar da Fonseca is the Ex-player.

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Investment focus

  • Industry: Sports, Soccer, Fitness
  • Stage:Seed, Pre-Seed
  • Geography: France, Portugal

Investor stats

  • Total investments: 4
  • Round size: Seed $536k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Nolt — La marque de ceux qui font toujours le bon geste. Enfin presque...
  • ScorePlay — ScorePlay is an AI-powered media asset manager dedicated to sports. The MAM centralizes assets in a single media workspace, with AI-tagging. Distribute to athletes and sponsors automatically through app. Amplify your brand.
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Niko Klansek
Angel · New York, New York, United States · 2 investments in Portugal Artificial intelligence startups

Niko Klansek is the Co-Founder at HashMark. He previously worked at FlyKly and attended Fordham University.

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Investment focus

  • Industry: Software, Communities, SaaS
  • Stage:Seed
  • Geography: Portugal

Investor stats

  • Total investments: 4
  • Round size: Seed $522k–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hoopers — Global basketball community platform connecting players, fans and enthusiasts through products, contents, experiences and NFTs.
  • Felton — Felton is an AI audience intelligence platform that profiles every person in your social media audience. 200+ KPIs, 25+ emotions, 250+ filters.
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Vanagon Ventures
VC Fund · München, Bayern, Germany · 2 investments in Portugal Artificial intelligence startups, 7 in the past 12 months

Vanagon Ventures invests in outstanding founder teams who build for the third wave of the internet.

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Investment focus

  • Industry: Artificial Intelligence, Blockchain, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Germany, United States, Israel

Investor stats

  • Total investments: 21
  • Round size: Seed $1.8M–$11M; Pre-Seed $600k–$2.3M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Tentris — Tentris is a deep tech startup and university spinout developing high performance graph database software. Their core product, Tentris DB, utilizes a proprietary compressed data structure called a hypertrie.
  • deeplify — deeplify inspect digitizes inspection workflows and automates NDT data analysis using AI, improving inspection quality, consistency, and operational efficiency. Our software supports all major NDT methods, streamlines inspection management
  • Neuramancer — Neuramancer AI Solutions is a technology business that develops tools to detect altered digital media made using AI.
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Grupo Lusiaves service
VC Fund · Leiria, Leiria, Portugal · 2 investments in Portugal Artificial intelligence startups

Lusiaves Group, founded in 1986 in Marinha das Ondas (Figueira da Foz), has continuously invested in vertical integration of the poultry sector to ensure full control of the entire animal production process. The verticalization of the industry is made possible by a commitment to continual learning about the poultry market and through the adoptionof agrifood innovation, food quality and safety, animal health and nutrition, sustainability, and human resources as the cornerstones of its operations. Those bets enabled the Lusiaves Group to grow and expand, combined with solid teamwork, supported by career advancement, and the ability to continually improve individual and collective work daily.

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Investment focus

  • Industry: Computer, Consumer, Software
  • Stage:Seed, Post-IPO Equity, Venture - Series Unknown
  • Geography: Sweden, Portugal

Investor stats

  • Total investments: 4
  • Round size: Post-IPO Equity $81k–$330k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Meight — Run your cargo on budget and on time with a few simple clicks, from your laptop. Forget phone calls, driver headaches, hardware and tech nightmares, forever.
  • Scandi Standard — Welcome to Scandi Standard. We want to inspire you to choose chicken: a good, healthy choice, which is ideal for today’s consumers. We sell the finest Swedish, Danish, Norwegian and Finnish chicken under the Kronfågel, Danpo, Den stolte Hane and Naapurin Maalaiskana brands. We are the leading chicken producer in the Nordic region, serving thedomestic and export markets.In June 2013, we created the Nordic region's market-leading chickenbased product group when Scandi Standard was established. The Company was created by gathering the largest poultry operations in the region into one collective group. At present, the Group has an annual turnover of approximately SEK 5.2 billion and almost 1,700 employees.
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Sonae
VC Fund · Maia, Porto, Portugal · 2 investments in Portugal Artificial intelligence startups

Sonae is a multinational company with a diversified portfolio of businesses in retail, financial services, technology, shopping centres, telecommunications

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Investment focus

  • Industry: SaaS, Retail, Internet
  • Stage:Series A, Seed, Equity Crowdfunding
  • Geography: Spain, Portugal

Investor stats

  • Total investments: 5
  • Round size: Series A $6.2M–$85M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • THEKER Robotics — THEKER Robotics is a startup developing intelligent general-purpose robots for sectors such as waste management and logistics.
  • Movvo — The Movvo platform delivers smart business intelligence solutions for owners and operators of retail and commercial real estate that turns data into improved retail performance and better value engineering decisions. The platform combines consumer behaviour wireless sensor technology and digests other public and private datasets, enhancing theunderstanding of the data by applying machine learning to provide fast and easy interpretation of this data delivering insights and rapid scenario-planning. Whether it is measuring ROI or reporting KPI's, the Movvo platform has these bases covered. Where it comes into its own is via the application of machine learning Want to easily prepare a leasing pack that maximises the rental value, what to create additional incremental value from asset investment decisions, want to know the impact of changing the tenant from apparel retailer to food & beverage? The Movvo platform can deliver prescriptive intelligence and more.
  • Rethink Foods Company — En Pink Albatross hacemos helados cremosos, sin ingredientes artificiales, ni leche, huevos o soja. Somos plant-based y veganos.
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Antler
VC Fund · Singapore, Central Region, Singapore · 2 investments in Portugal Artificial intelligence startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1820
  • Round size: Seed $186k–$4.6M; Pre-Seed $108k–$750k; Series A $4.6M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • Agentio — Agentio's patent-pending ad platform empowers marketers to finally unlock scalable, creator-led advertising. Programmatically buy the highest quality creator and influencer ad reads to deliver unprecedented efficiency and performance.
  • Codis.io — COD LEGAL BLOG CONTACT US Areas We Serve California Florida TEXAS Ohio Trusted Insights on Birth Injury and Medical Negligence Law COD LEGAL BLOG is a dedicated legal information platform created to help readers understand complex legal matters in a clear and structured way. Click here to learn more. The legal system can often feel
  • Quantflo — Options market intelligence and structured trade planning for Indian markets.
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200M
VC Fund · Porto, Lisboa, Portugal · 2 investments in Portugal Artificial intelligence startups

200M is a Portuguese public fund of 200 million euros designed to co-invest with the best VCs from around the world in startups which are growing their business out of Portugal.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Apps
  • Stage:Seed, Series A
  • Geography: Portugal, Brazil, France

Investor stats

  • Total investments: 8
  • Round size: Seed $2.7M–$6.5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Sensei — We are the leading European provider of autonomous stores, with an AI-powered solution to build efficient operations and deliver a seamless shopping experience.
  • Coverflex — Coverflex is a compensation management platform for teams to manage and enjoy multiple benefits. Coverflex is on a mission to improve the way companies compensate their people, making it more transparent, flexible, and easier for everyone to make the most of what they get. Through a fully digital solution, Coverflex helps companies manage everypart of compensation beyond salary — benefits, insurance, meal allowance, and exclusive discounts — while empowering people to spend on what suits them best.
  • Sound Particles — A CGI-like software for Sound Design, capable of using particle systems to generate thousands of sounds in a virtual 3D world
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Crane Venture Partners
VC Fund · London, England, United Kingdom · 2 investments in Portugal Artificial intelligence startups, 18 in the past 12 months

Crane is a London based VC firm investing and building seed and early stage intelligent enterprise and deep technology businesses across Europe. Our strategy is to support founders in building and executing their go-to-market strategy.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 135
  • Round size: Seed $2.9M–$8.8M; Series A $10M–$37M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Nopan — We help large merchants, fintechs, and PSPs turn account and wallet payment methods into measurable revenue drivers.
  • Aseon Labs — Robotic pitstops for self driving cars. A depot in a box for charging, cleaning & inspecting AVs directly in operating zones. Backed by @ycombinator
  • OLIX — OLIX designs and manufactures optical processors that use light-based circuits to accelerate artificial intelligence workloads. The company develops Optical Tensor Processing Units that execute matrix and tensor operations for training and running inference on large-scale machine learning models. Its hardware aims to increase performance and reducepower consumption relative to conventional electronic accelerators by processing data in the optical domain. Flux Computing focuses on infrastructure for generative AI and advanced neural networks, targeting data centers and organizations that require intensive model computation. The product stack centers on custom optical chips integrated with supporting electronics, control software, and tools that link into existing AI frameworks. Sales and partnerships primarily address customers building large AI clusters, research environments, and emerging applications that benefit from high-throughput, low-energy computation.
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Beta-i
VC Fund · Lisbon, Lisboa, Portugal · 2 investments in Portugal Artificial intelligence startups

Global innovation consultancy helping world-class companies design and scale collaborative, open and corporate innovation strategies, products and ecosystems.

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Investment focus

  • Industry: Apps, FinTech, Computer
  • Stage:Seed, Pre-Seed
  • Geography: Portugal

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Didimo — Didimo creates realistic high-fidelity digital humans. Simple, fast, accurate user-generated avatars to integrate into your app, game or site.
  • Coverflex — Coverflex is a compensation management platform for teams to manage and enjoy multiple benefits. Coverflex is on a mission to improve the way companies compensate their people, making it more transparent, flexible, and easier for everyone to make the most of what they get. Through a fully digital solution, Coverflex helps companies manage everypart of compensation beyond salary — benefits, insurance, meal allowance, and exclusive discounts — while empowering people to spend on what suits them best.
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Spider Capital
VC Fund · San Francisco, California, United States · 2 investments in Portugal Artificial intelligence startups

Spider Capital is a seed-stage enterprise venture capital focused on the digital transformation of industry.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 86
  • Round size: Seed $1.5M–$4.7M; Series A $7M–$19M; Series B $5.2M–$45M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Arintra — Arintra is an AI-powered autonomous coding technology that delivers significant efficiency and accelerates your revenue cycle business performance.
  • Cimba.ai — Cimba.AI, the Gen-AI-native platform that gives enterprises the power to create custom adaptive AI agents that can produce deep insights and recommend and trigger business actions based on internal data and knowledge base. The platform leverages self-training artificial intelligence that learns and adapts to an organization’s unique knowledgebase(i.e., dashboards, query history, metadata, playbooks, etc.), providing business decision makers with customizable AI agents that generate both insights and recommended next steps (i.e., which ten deals we should focus on this week?) to take based on their data (i.e., Snowflake)
  • CoLab Software — The only tool purpose-built to simplify design reviews for engineering teams building complex products.
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35V
VC Fund · New York, New York, United States · 2 investments in Portugal Artificial intelligence startups

Official site of Thirty Five Ventures. Founded by Kevin Durant & Rich Kleiman. Investments, philanthropy, media, and more.

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Investment focus

  • Industry: Sports, Content, Fashion
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, Portugal

Investor stats

  • Total investments: 16
  • Round size: Seed $3.6M–$10M; Pre-Seed $1.5M–$2.8M; Series A $8.8M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Arcee.ai — Learn how Arcee helps you build your own LLMs in your own cloud.
  • Homage — HOMAGE turns back the clock with shout outs to eclectic moments and personalities in sports, music, politics and political culture with unique vintage apparel.
  • Daze — Daze is a software development company that reinvents the calendar to be more fun, expressive, and social.Daze is the social calendar for friends to plan events and use creative tools to more vividly capture their time spent together. It’s a social calendar with powerful creative tools for scheduling your future and documenting your past withfriends. They hope to unlock creativity, foster intimacy, and inspire self-reflection by reimagining the format of time. Founded by Willem Simons in 2021 and is located in Brooklyn, New York, United States.
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DCVC
VC Fund · San Francisco, California, United States · 2 investments in Portugal Artificial intelligence startups

We are deep tech venture capital.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 491
  • Round size: Seed $1.1M–$9.1M; Series A $5.8M–$45M; Series B $15M–$130M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fresh fund, raised $5M in 2026

Portfolio highlights

  • CH4 Global — CH4 Global is an aquaculture solutions provider dedicated to urgently impacting climate change at scale. Lead by a world-class team of senior business builders, scientists and entrepreneurs, the company is initially leveraging proven science and technology for growing seaweed into innovative new livestock supplement that reduces methane produced bycows by up to 90%. Among early investors are a select group of prominent family offices and private investors. CH4 Global have also received non-dilutive capital support from government organizations from around the world. CH4 Global is a Delaware corporation based in Henderson, NV.
  • Regent — We build all-electric, passenger-carrying, wing-in-ground-effect vehicles to service coastal routes with technology available today.
  • Callosum — Callosum - Co-evolving chips & intelligence
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Artificial Intelligence Investor funding in Portugal at a glance

Stats across 253 deals from 312 investors.

312
investors
in Portugal Artificial intelligence startups
253
deals
in Portugal Artificial intelligence startups
$1.2M
median round
in Portugal Artificial intelligence startups
32%
lead investors
lead at least one round
37%
Seed
most common funding stage
79/21
VC / Angel
share of investor count

Access all 312 investors in Portugal Artificial intelligence startups.

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