Top 20 Enterprise Software Startup Investors in Portugal (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Start Ventures
VC Fund
|
5 | United States, United Kingdom, Portugal | Seed, Series A, Venture - Series Unknown | InsurTech, Software, Insurance | $1.1M–$17M |
|
Portugal Ventures
VC Fund
|
5 | Portugal, United States, France | Seed, Pre-Seed | Software, Information Technology, Health Care | $107k–$2M |
|
EDP Ventures
VC Fund
|
3 | Portugal, United States, Brazil | Seed, Series A | Energy, Software, Information Technology | $355k–$14M |
|
Iberis Capital
VC Fund
|
2 | Portugal, United States, Spain | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence | $107k–$23M |
|
HCapital Partners
VC Fund
|
2 | Portugal, Italy, Spain | Seed, Series A | Software, Power Grid, Artificial Intelligence | $1.2M–$9.5M |
|
Semapa Next
VC Fund
|
2 | Portugal, United Kingdom, Germany | Series A, Seed, Series B | Software, SaaS, Artificial Intelligence | $3.2M–$32M |
|
REDangels
VC Fund
|
2 | Portugal, United States, Poland | Seed, Pre-Seed, Angel | Mobile, Machine Learning, Internet of Things | $11k–$1.6M |
|
Digital Turbine
VC Fund
|
1 | Portugal, South Korea | Corporate Round | Mobile, Apps, Android | $9.1M–$10M |
|
TheVentureCity
VC Fund
|
1 | United States, Spain, Brazil | Seed, Pre-Seed, Series A | Software, SaaS, Artificial Intelligence | $100k–$18M |
|
Shilling VC
VC Fund
|
1 | Portugal, Spain, United States | Seed, Pre-Seed, Series A | Information Technology, Software, Artificial Intelligence | $125k–$20M |
|
Cândido José Rodrigues S.A
VC Fund
|
1 | Portugal | Seed | Internet of Things, Cloud Data Services, Enterprise Software | |
|
Ramiro Gonzalez
Angel
|
1 | Portugal | Pre-Seed | SaaS, DevOps, IT Management | |
|
Faber
VC Fund
|
1 | Portugal, United States, United Kingdom | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, SaaS | $29k–$25M |
|
J12
VC Fund
|
1 | Sweden, Germany, Norway | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, SaaS | $1.2M–$30M |
|
Headline
VC Fund
|
1 | United States, Germany, Brazil | Series A, Series B, Seed | Software, E-Commerce, Information Technology | $1.1M–$87M |
|
Portugal Gateway Fund
VC Fund
|
1 | Portugal, Mauritius, South Africa | Seed | Credit, Software, Analytics | $1.2M–$7.5M |
|
Banco de Investimento Global
VC Fund
|
1 | Portugal, Germany | Seed | Information Technology, Mobile, GovTech | $531k–$2.7M |
|
Armilar Venture Partners
VC Fund
|
1 | Portugal, United States, United Kingdom | Seed, Series A | Software, Information Technology, Artificial Intelligence | $520k–$17M |
|
Paulo Alexandre Lopes
Angel
|
1 | Brazil, Portugal | Pre-Seed | SaaS, Boating, Gambling | $106k–$3.5M |
|
Golden Gate Ventures
VC Fund
|
1 | Singapore, Indonesia, United States | Seed, Series A, Series B | FinTech, Software, Financial Services | $473k–$60M |
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BiG Start Ventures is an early-stage VC investing globally in B2B Fintech, Insurtech, Regtech and Cybersecurity. Onetier Partners, SCR, S.A.
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- Industry: InsurTech, Software, Insurance
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: United States, United Kingdom, Portugal
Investor stats
- Total investments: 36
- Round size: Seed $1.1M–$8M; Series A $5.3M–$17M
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- Drivit — Drivit turns any smartphone into a high-quality telematics device. Power your mobility app with features that will show you the best way to a safer, cheaper and more sustainable driving.
- Finovox — Finovox provides a solution for detecting false documents. They offer investigative tools to analyze, understand, and explain fraud. Additionally, they provide users with hard evidence of fraud.
- Humanos — The Human Authorization Layer for AI https://t.co/RzfFeAgNCj
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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- Industry: Software, Information Technology, Health Care
- Stage:Seed, Pre-Seed
- Geography: Portugal, United States, France
Investor stats
- Total investments: 295
- Round size: Seed $110k–$2M; Pre-Seed $107k–$547k
- Lead/follow: 13% lead, 87% follow
- Last fund: May invest from a new fund soon — last raise in 2011
Portfolio highlights
- AddVolt — AddVolt is a technology based company that tackles markets where there is a high potential for diesel costs reduction through the generation of solar and kinetic energy, while other secondary savings are generated (e.g. maintenance).
- Unlockit — Unlockit will offer to public and governmental bodies the guarantee that everything within a real estate transaction is recorded, meaning better industry regulation, more taxes and public fees collected, and less overall fraud and money laundering activities.
- Logical Safety — IoT safety for a safer, more productive workforce
EDP Ventures is the venture capital arm of EDP. We invest in early-stage startups working in the energy space
Show more...Investment focus
- Industry: Energy, Software, Information Technology
- Stage:Seed, Series A
- Geography: Portugal, United States, Brazil
Investor stats
- Total investments: 64
- Round size: Seed $355k–$4.1M; Series A $2.5M–$14M
- Lead/follow: 25% lead, 75% follow
- Last fund: May invest from a new fund soon — raised $8M in 2018
Portfolio highlights
- Drivit — Drivit turns any smartphone into a high-quality telematics device. Power your mobility app with features that will show you the best way to a safer, cheaper and more sustainable driving.
- 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
Iberis is an investment manager that operates a value-oriented investment management.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 56
- Round size: Seed $1.2M–$3.2M; Pre-Seed $107k–$4.4M; Series A $5.3M–$23M
- Lead/follow: 45% lead, 55% follow
Portfolio highlights
- 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!
- CorPower Ocean — CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today.
We are an independent private equity firm, investing in a broad spectrum of companies through dedicated funds.
Show more...Investment focus
- Industry: Software, Power Grid, Artificial Intelligence
- Stage:Seed, Series A
- Geography: Portugal, Italy, Spain
Investor stats
- Total investments: 20
- Round size: Seed $1.2M–$4.8M; Series A $4.7M–$9.5M
- Lead/follow: 50% lead, 50% follow
- Last fund: May invest from a new fund soon — raised $23M in 2017
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.
Semapa Next is a venture capital firm that invests in European-based companies aspiring to become global category leaders.
Show more...Investment focus
- Industry: Software, SaaS, Artificial Intelligence
- Stage:Series A, Seed, Series B
- Geography: Portugal, United Kingdom, Germany
Investor stats
- Total investments: 21
- Round size: Seed $3.2M–$6.5M; Series A $6.5M–$32M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Sybilion — The decision layer for industrial companies. Sybilion connects external world dynamics to the decisions that shape your margin, working alongside the systems...
- Gigaton — Carbon Re is a climate tech company using cutting-edge AI solutions to decarbonize cement and steel. Get in touch with us today!
- Jupus — As the first legal AI secretary in Europe, JUPUS automates the entire process from initial client contact to the complete file. Lawyers are supported by an AI chatbot, an online appointment booking tool, and an AI platform that automatically collects and processes inquiries, information, and documents, facilitating automated communication withclients.
They believe the unbelievable and trust the untrustable.
Show more...Investment focus
- Industry: Mobile, Machine Learning, Internet of Things
- Stage:Seed, Pre-Seed, Angel
- Geography: Portugal, United States, Poland
Investor stats
- Total investments: 25
- Round size: Seed $110k–$1.6M; Angel $55k–$181k; Pre-Seed $11k–$55k
- Lead/follow: 16% lead, 84% follow
Portfolio highlights
- Wall-i — Wall-i is a programmatic outdoor advertising network, that displays ads on screens for segmented audiences, by age, gender, location, and market. Wall-i aims to be the Google Ads of the outdoor advertising. By combining plug-and-play screen incorporation and audience recognition technology (age, gender and mood), with a CPV /CPM businessmodel, it enables real-estate owners to monetize LCD screens and tablets with ads.
- Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
- UpLink — Tellent Recruitee helps you hire faster, work better together, and win top talent without the bottleneck; powered by AI-driven features.
Digital Turbine inspires connections for the mobile world, for app developers, brands, agencies, carriers, and device manufacturers globally.
Show more...Investment focus
- Industry: Mobile, Apps, Android
- Stage:Corporate Round
- Geography: Portugal, South Korea
Investor stats
- Total investments: 3
- Round size: Corporate Round $9.1M–$10M
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- Aptoide — Find, discover and download the best apps and games for Android in the official Aptoide app store
- One Store — One Store is a mobile app market that allows users to download apps that are limited in Korea only. It is run by mobile carriers SK Telecom, KT, LG Uplus and tech company Naver. It has combined its own four different platforms for Android-based smartphones and other mobile devices. Users can upgrade one of the apps to use One Store. It can be usedon Android phones and tablets in Korea. It provides games, apps, mobile commerce, e-books, and video content to 35 million members. It was founded in 2016 and is headquartered in Seongnam Gyeonggi-do, South Korea.
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.
Show more...Investment focus
- Industry: Software, SaaS, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Spain, Brazil
Investor stats
- Total investments: 154
- Round size: Seed $100k–$4.5M; Pre-Seed $100k–$1.5M; Series A $3M–$18M
- Lead/follow: 13% lead, 87% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- Argo — Transforming how cities move.
- Belo — Crypto for everyone, everyday
- Sidekick — Expertly-managed portfolios for the modern investor
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.
Show more...Investment focus
- Industry: Information Technology, Software, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, Spain, United States
Investor stats
- Total investments: 107
- Round size: Seed $603k–$5M; Pre-Seed $125k–$3M; Series A $5M–$20M
- Lead/follow: 22% lead, 78% follow
- Last fund: Likely still investing — fund raised 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.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
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Show more...Investment focus
- Industry: Internet of Things, Cloud Data Services, Enterprise Software
- Stage:Seed
- Geography: Portugal
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Coreflux — Transform any industry with seamless IoT connectivity and real-time data management. Discover solutions to effortlessly integrate systems, optimize processes, and spark innovation. Jump ahead in the fast-paced world of digital transformation, with managed brokers and end-to-end integrations.
Co-founder & CEO @ Wannalisn Co-Founder and Head of Product @ Eaship
Show more...Investment focus
- Industry: SaaS, DevOps, IT Management
- Stage:Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Rely.io — Rely is an Internal Developer Portal that enables modern engineering organizations to keep track of service quality, health and maturity in a single place.
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.
Show more...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 — fund raised 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.
J12 is a thesis-driven venture capital firm partnering early with technical founders across Europe to build category-defining data and AI companies across infrastructure, tooling, and domain-specific applications
Show more...Investment focus
- Industry: Software, Artificial Intelligence, SaaS
- Stage:Seed, Pre-Seed, Series A
- Geography: Sweden, Germany, Norway
Investor stats
- Total investments: 59
- Round size: Seed $1.5M–$8M; Pre-Seed $1.2M–$4.1M; Series A $7M–$30M
- Lead/follow: 41% lead, 59% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- VALIDIO — VALIDIO manages data quality. They offer a next-generation data platform for any modern, data-driven organization. They validate and monitor the data quality of real-time streams and batch data, enabling proactive identification and mitigation of data quality issues.
- Camphouse — Mediatool is the all-in-one planning, execution, tracking and reporting tool for media and marketing campaigns. Increase productivity with streamlined delivery and better collaboration across all your marketing activities. Grow revenue with confidence, using real-time performance data to optimise investment.Hundreds of tangible benefits, onebetter way of working. Forget spreadsheets and get to know Mediatool.
- Galdera Labs — Disposable financial models cost more than time. They cost context. Galdera was built for growth finance teams looking to save both.
Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.
Show more...Investment focus
- Industry: Software, E-Commerce, Information Technology
- Stage:Series A, Series B, Seed
- Geography: United States, Germany, Brazil
Investor stats
- Total investments: 500
- Round size: Seed $1.1M–$12M; Series A $4.4M–$30M; Series B $7.7M–$87M
- Lead/follow: 40% lead, 60% follow
- Last fund: Likely still investing — fund raised in 2024
Portfolio highlights
- Blips — Blips is a platform in Brazil that aims to bridge the gap between investors and entrepreneurs. The company connects and drives investors and entrepreneurs with tangible assets that enable productive business activities, allowing customers to buy and finance supplies and inputs, as well as an educational platform to support the entrepreneurs'journey, teaching management techniques, growth, and technical knowledge for equipment use.
- Cameo — Cameo is a marketplace where fans can book personalized video shoutouts from their favorite people.Cameo's mission is to create the most personalized and authentic fan experiences in the world. We're a marketplace where users can book personalized video shoutouts from their favorite people. We currently partner with thousands of talentacross all verticals. Cameo’s offices are in 1871 and we are proud to be part of Chicago’s thriving technology and startup community.
- Fonoa — Manage your sales tax, VAT, and GST obligations seamlessly through our API, globally. For internet businesses around the world, we make taxes simple, automated, borderless, and accessible via our API.
Investment focus
- Industry: Credit, Software, Analytics
- Stage:Seed
- Geography: Portugal, Mauritius, South Africa
Investor stats
- Total investments: 3
- Round size: Seed $1.2M–$7.5M
- Lead/follow: 67% lead, 33% follow
Portfolio highlights
- Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
- Locstat — Locstat is a unique and first of its kind Graph Analytics Platform, with customer driven industry and point solutions, incorporating Graph-based AI, Analytics and Event Processing, that enables organisations to rapidly scale next generation data intelligence solutions.
- Coreflux — Transform any industry with seamless IoT connectivity and real-time data management. Discover solutions to effortlessly integrate systems, optimize processes, and spark innovation. Jump ahead in the fast-paced world of digital transformation, with managed brokers and end-to-end integrations.
Banco de Investimento Global, SA is a specialized financial institution which is licensed in all business areas open to the banking sector
Show more...Investment focus
- Industry: Information Technology, Mobile, GovTech
- Stage:Seed
- Geography: Portugal, Germany
Investor stats
- Total investments: 3
- Round size: Seed $531k–$2.7M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- LOQR — Increase your business and reduce costs with the best AI-Powered Journey-as-a-Service provider for financial institutions.
- Drivit — Drivit turns any smartphone into a high-quality telematics device. Power your mobility app with features that will show you the best way to a safer, cheaper and more sustainable driving.
- Elucidate — The Elucidate FinCrime Index (EFI) is a financial crime risk quantification platform to build trust and confidence between financial institutions, corporates, and regulators.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 114
- Round size: Seed $520k–$3.8M; Series A $4M–$17M
- Lead/follow: 37% lead, 63% follow
- Last fund: May invest from a new fund soon — raised $53M in 2019
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.
Paulo Alexandre Lopes is the Managing Director at oddsgate. Paulo Alexandre Lopes attended IPAM.
Show more...Investment focus
- Industry: SaaS, Boating, Gambling
- Stage:Pre-Seed
- Geography: Brazil, Portugal
Investor stats
- Total investments: 2
- Round size: Pre-Seed $106k–$3.5M
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- ODDSGATE — With an open, API based platform and built in a modular way, allowing for stability, scalability, and flexibility. Our founding team with more than 15 years of experience in out-of-the-box solutions, or products like Software-as-a-Service (SaaS), we are stepping into the Igaming industry with the goal to deliver a cutting edge and competitiveiGaming platform, focused on the regulated markets.
- Espadarte Group — Espadarte is working on a new product that will transform the Brazilian nautical market. It is founded in 2021 and the Yachts yard is based in Curitiba, Parana, Brazil.
Golden Gate Ventures is a venture capital firm investing across Southeast Asia. Since 2011, the firm has launched four funds, managed US$250M AUM, and invested in 60+ companies in over 7 countries in Asia. The firm focuses on investing in technology companies driven by the rising consumer class in Southeast Asia.
Show more...Investment focus
- Industry: FinTech, Software, Financial Services
- Stage:Seed, Series A, Series B
- Geography: Singapore, Indonesia, United States
Investor stats
- Total investments: 143
- Round size: Seed $473k–$6.4M; Series A $1.5M–$17M; Series B $10M–$60M
- Lead/follow: 36% lead, 64% follow
- Last fund: Likely still investing — raised $100M in 2024
Portfolio highlights
- Sampingan — Sampingan is an Indonesian company that connects businesses through their platform with selected and trained freelancers for easily doable task-based jobs that provides agents with temporary work. The company was founded in 2018 and is based in Jakarta, Indonesia.
- FlowAccount — FlowAccount.com accounting software is easy to use online form For business startups. Easy to use even with no background in accounting to help - the Bills - Save costs - issuance of withholding
- Triangle — We route, produce and promote tours across the region.
Enterprise Software Investor funding in Portugal at a glance
Stats across 23 deals from 34 investors.
Access all 34 investors in Portugal Enterprise Software startups.
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