Top 10 Hardware Angel Investors in Portugal in April 2025

Last updated: Apr 2025 A list of 10 angel investors that invest in Hardware startups based in Portugal. We rank investors based on the number of investments they made in Hardware companies from Portugal. We update this investor list every month.

Top 10 Hardware Angel Investors in Portugal in April 2025

Investor	Hardware Portugal investments
Alexis Bonte	1
Shanti Bergel	1
David Helgason	1
Ideias Glaciares	1
Paul Heydon	1
António Félix da Costa	1
Andy Chung	1
Carlos Oliveira	1
Philipp Moehring	1
Lasse Seppanen	1

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Investor list

Alexis is a Venture Partner at Atomico advising on new investments in France, Spain & Portugal and Eastern Europe as well as sourcing and accelerating growth in the games, blockchain and travels vertical. He is passionate about high-impact, purpose-driven companies, and he currently serves on the boards of Bossa Studios and OhBiBi, Atomico’slatest game investment. He splits his time between London, Paris, Bucharest, Stockholm and Madrid.Alexis is co-founder and CEO of games company eRepublik Labs (eRepublik.com, Age of Lords, World at War, War and Peace) a “free-to-play” pioneer that he sold in June of 2017 to Stillfront Group. Alexis remains the company’s CEO, and is also the Group COO for Stillfront, giving him a unique mix of investor as well as operational expertise. Prior to Erepublik Labs, Alexis was part of the first wave of internet start ups and was with lastminute.com for six years right up to its $1.1B trade sale to Sabre in 2005.Alexis has numerous angel investments, mainly in Europe, and has been active in supporting the development of the European digital ecosystem through events and associations.Alexis is fluent in French, Spanish, Portuguese, English, Italian and understands basic Romanian if pushed. A long time ago he was a national sailing champion in Portugal, but now he prefers to stay dry and play chess with one of his three children.

Investment focus

Gaming, Video Games, Software
Seed, Series A, Angel
Finland, Portugal, United States

Portfolio highlights

AudioMob — Monetizing mobile games non-intrusively using audio ads! AudioMob are the creators of Audio Enhanced Banners & Rewarded Audio
Flowdesk — The new standard for market-making and crypto-financial technology. Market-making as a Service, brokerage, custody of cryptocurrencies.
StageZero Technologies — StageZero inserts in-app ‘MicroTasks’ into mobile games; bite-sized activities that users can complete in exchange for rewards and perks, including coins and extra lives.

Shanti Bergel is the Founding General Partner of the Transcend Fund, the premiere early stage venture capital firm focused on games and digital entertainment.

Investment focus

Gaming, PC Games, Online Games
Seed, Series A, Series B
United States, Canada, Finland

Portfolio highlights

Carbonated — Carbonated makes hardcore PVP multiplayer games accessible to everyone on their mobile phones and PCs, by using AI to drive moment-to moment gameplay.
Doppio Games — Harnessing the power of AI to craft groundbreaking games you can play using only your voice. Setting the stage for the next gen of entertainment.
Playable Worlds — Playable Worlds builds the most alive online worlds ever -- powered by cloud-native technology that enhances all types of play.

David is a technologist, the founder of Unity Technologies, non-exec director to others, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and products, applying new and old business models to changing industries, and pushing people to do the very best they can do.David's background is inprogramming, an assortment of university dabbling, creating companies, and helping entrepreneurs. He served as CEO of Unity Technologies since co-founding it in 2003 and until October 2014, with an unflinching vision to democratize game development, and to develop technology and business models for the next phase of the games industry. David Helgason attended the University of Copenhagen.

Investment focus

Software, Gaming, Information Technology
Seed, Funding Round, Pre-Seed
United States, Denmark, Finland

Portfolio highlights

Isometric — Isometric is a carbon removal standard and registry.
Slope — We handle the lending, underwriting, debt collection and fully pay out to you immediately once the product or service ships.
Rocky Road — At Rocky Road, we are redefining social gaming with our social gaming network. We are hiring!

Ideias Glaciares

Investment focus

Wellness, SaaS, Mobile Apps
Pre-Seed, Seed
Portugal, United States

Portfolio highlights

Replai — Without data, creative choices are just guesswork. Replai helps you understand the difference between a creative that your audience acts on and one that is just another scroll.
sheerME — SheerME is Revolutionising the way people find, book, and pay for their Wellness and Beauty services powered by a benefit-based walletOur approach is based on Discovery, Transaction & Reward to create more online visibility, reach, conversion into new business, loyalty, and frequency through our wallet and cashback ecosystem, to all ourpartners in the beauty and wellness sectors.This made us a fresh and different option in this sector where there are mainly SaaS players, and we bring marketplace with no monthly fee, only a commission for business sent through our owned and partner channels.
MIGHTY — MIGHTY is a maker of healthy food fridges for the workplace. Their healthy food fridges use a software platform that organizes and coordinates logistics with local storage and distribution partners.

I have 30+ years as a founder, operator, investor, board member and advisor. I have founded/co-founded multiple companies and have dealt with cofounder issues directly. I have invested in individual companies that have achieved $2b in revenue, $1b in profit, $30b in valuation. Plus on the other side of the spectrum, I have seen lots ofdifferent poor behaviour by some investors, founders and lawyers. My value add is: - the ability to quickly filter out the wrong people. - fundraising - strategy - focus - making tough decisions - cashflow planningCurrently investing directly in startups (mainly tech) at all stages and in funds (most asset classes) as an LP globally. I invested early in Supercell (majority acquired by Tencent), Unity Software (NYSE:U), Radiant Entertainment (acquired by Riot Games), Boomlagoon (acquired by Wargaming), Peak (acquired by Hachette Livre), Gameclub (acquired by Take-Two Interactive), Doppio Games (acquired by Fortis). Previously, I cofounded a seed VC firm & was an investment banker at various firms. I have both a HBA & MBA from the Richard Ivey School of Business at University of Western Ontario in Canada.If you message me with a pitch deck link for your company or fund then do not send me a docsend link or anything requesting an email and or password as I will ignore it. And make sure you detail the team background, why it’s the best team and why you will win.I’m also open to board positions for companies in Europe and North America. Owner of https://www.heathfieldestatenewforest.co.uk/

Investment focus

Software, Gaming, Mobile Apps
Seed, Series A, Pre-Seed
United States, United Kingdom, Finland

Portfolio highlights

Tellie — Create a free website/link-in-bio to market your art, release new music, increase your followers, sell merchandise, and share your portfolio/resume/EPK. Token Gate all.
Coherence — Unlock your multiplayer possibilities
Glean AI — Glean AI is the only Accounts Payable solution that combines smart automation with spend intelligence and powers Finance teams to drive material savings.

António Félix da Costa

Investment focus

Sports, Marketplace, Augmented Reality
Seed
Portugal

Portfolio highlights

MyLADS — MyLADS is a startup that loves fan engagement and sports! To accomplish this goal MyLADS created an engagement tool, where football fans, through an app, get to be part of their favorite football team family. MyLADS stands out because it offers exclusive and unique experiences to the fans, bringing them closer to their club and players, narrowingdown the existing gap. Our lucky users will get access to this money can’t buy experiences and official clubs collectibles patented, the LADS Collectibles.
Exclusible — Step into the future with Exclusible. Explore how we're driving innovation in the Metaverse, Roblox, and Fortnite, helping brands create impactful digital experiences.

Fahad Al-Rasheed

Investment focus

SaaS, Software, Artificial Intelligence
Seed, Pre-Seed, Angel
United Kingdom, Denmark, Portugal

Portfolio highlights

Purple Dot — Sell More by Selling Earlier
Unlock — Unlock is a video-based platform packed with unique experiences your team will love.
Cosmos Video — Cosmos Video is the virtual venue platform that allows people to work, hang out, and socialize together.

Carlos Oliveira

Investment focus

Sensor, Software, Wind Energy
Seed
Portugal

Portfolio highlights

Fibersail — “If you cannot measure it, you cannot improve it” (William Kelvin)Fibersail develops a shape sensing system based on FBG fiber optic research and development to monitor and analyze wind turbine blades in terms of shape, condition, and behavior. The real-time information provided by our system will help wind turbine operators maximize performanceand availability while preventing failures and minimizing maintenance costs from their assets.Our unique solution and approach with fiber optic sensors make it possible for a very easy and simple integration along the entire length of any critical structure ensuring the monitoring of its precise shape and behavior.Fibersail - Shaping the structures of tomorrow.

Philipp is an earliest stage technology investor in Berlin. He invested in more than 100 companies across various sectors, including open source software, ML/AI enabled SaaS, and deep tech from synthetic biology to materials science.