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Top 50 Hardware VC Funds & Investors in Portugal (June 2026)

The most active venture capital funds investing in Portugal Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Portugal Hardware 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
16 Portugal, United States, France Seed, Pre-Seed Software, Information Technology, Health Care $110k–$2.1M
Caixa Capital
VC Fund
9 Portugal, United States, Spain Seed, Series A Software, Information Technology, SaaS $120k–$12M
Bynd Venture Capital
VC Fund
5 Portugal, Spain, United States Seed, Pre-Seed, Series A Software, SaaS, Health Care $483k–$50M
Armilar Venture Partners
VC Fund
5 Portugal, United States, United Kingdom Seed, Series A Software, Information Technology, Artificial Intelligence $500k–$16M
HCapital Partners
VC Fund
5 Portugal, Spain, Switzerland Seed, Series A Software, Power Grid, Information Technology $1.1M–$8.5M
Faber
VC Fund
4 Portugal, United States, United Kingdom Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $34k–$25M
Bright Pixel (formerly Sonae IM)
VC Fund
4 United States, Portugal, Spain Series A, Series B, Seed Software, Information Technology, SaaS $1.1M–$35M
LC Ventures
VC Fund
3 Portugal, China, Poland Seed, Pre-Seed, Series D Information Technology, Artificial Intelligence, SaaS $11k–$4.9M
Novabase Capital
VC Fund
3 Portugal, United States Seed, Pre-Seed Software, Information Technology, Analytics $576k–$3M
EDP Ventures
VC Fund
3 Portugal, United States, Brazil Seed, Series A Software, Energy, Information Technology $478k–$14M
Indico Capital Partners
VC Fund
3 Portugal, United States, Spain Seed, Series A, Pre-Seed Information Technology, E-Commerce, B2B
Brpx
VC Fund
3 Portugal, United States, Spain Seed, Pre-Seed, Series A Software, SaaS, Information Technology $318k–$15M
Innovation Nest
VC Fund
2 Poland, United States, United Kingdom Seed, Series A Software, SaaS, E-Commerce $25k–$11M
200M
VC Fund
2 Portugal, Brazil, France Seed, Series A Health Care, Artificial Intelligence, Retail $2.7M–$5.9M
REDangels
VC Fund
2 Portugal, Poland, Germany Seed, Pre-Seed, Angel Mobile, Internet of Things, Internet $11k–$3M
Shilling VC
VC Fund
2 Portugal, Spain, United States Seed, Pre-Seed, Series A Information Technology, Software, Internet $208k–$16M
Grupo Lusiaves service
VC Fund
2 Sweden, Portugal Seed, Post-IPO Equity Computer, Consumer, Software $81k–$330k
WISENEXT
VC Fund
2 Portugal, United States Seed, Pre-Seed Software, SaaS, Internet $165k–$1.6M
Iberis Capital
VC Fund
2 Portugal, Spain, United States Series A, Seed Software, Information Technology, SaaS $2.2M–$43M
EIT Urban Mobility
VC Fund
2 Spain, Sweden, France Seed, Pre-Seed, Series A Software, Transportation, Information Technology
Kamay Ventures
VC Fund
1 Mexico, Colombia Pre-Seed, Seed FinTech, Lending, Restaurants
EIT Health
VC Fund
1 United Kingdom, Spain, Ireland Grant, Pre-Seed, Seed Health Care, Medical Device, Medical $22k–$1.6M
Metro
VC Fund
1 Germany, United States Series A, Seed, Series C Hospitality, Restaurants, Retail
Atlante
VC Fund
1
Critical SGPS
VC Fund
1 Portugal Seed Computer, Software, Information Technology
Korys
VC Fund
1 Belgium, The Netherlands, Germany Series B, Series A Biotechnology, Renewable Energy, Information Technology $3.9M–$110M
Lince Capital
VC Fund
1 Portugal, United Kingdom, United Arab Emirates Seed Information Technology, E-Commerce, SaaS
Beta-i
VC Fund
1 Portugal Pre-Seed FinTech, Computer, Software
Techstars Ventures
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence
Herrick Partners
VC Fund
1 Portugal Series A Software, Electronics, Virtual Reality
Rothschild & Co.
VC Fund
1 France, United States, United Kingdom Series B, Series C Software, Health Care, Mobile $4.4M–$25M
Google Assistant Investments
VC Fund
1 United States, India, Canada Seed, Series A Artificial Intelligence, Machine Learning, Software $500k–$11M
Critical Ventures
VC Fund
1 Portugal, United States Seed, Series A Medical, Computer, Genetics $1.2M–$13M
BreakawayGrowth Fund
VC Fund
1 United States, Canada, Portugal Seed, Series B, Series E Software, Computer, Internet $100k–$15M
European Institute of Innovation and Technology
VC Fund
1 Portugal, France, Sweden Grant, Pre-Seed Information Technology, Software, Artificial Intelligence $75k–$295k
Ganexa Capital
VC Fund
1 Portugal, United States, United Kingdom Seed, Pre-Seed Fitness, Wellness, Health Care $478k–$2.7M
Verizon Ventures
VC Fund
1 United States, Israel, Canada Series B, Series A Software, Mobile, SaaS $3M–$35M
Keensight Capital
VC Fund
1 France, United States, United Kingdom Private Equity, Series A Software, Information Technology, Manufacturing
Pathena
VC Fund
1 Portugal, Germany Series A, Seed, Series C B2B, Marketing, Advertising $1.4M–$39M
Olisipo Way
VC Fund
1 Portugal, Lithuania Pre-Seed, Seed Software, FinTech, Marketplace $159k–$6.5M
Sisu Game Ventures
VC Fund
1 Finland, United States, Iceland Seed, Series A Gaming, Video Games, Software $576k–$38M
Firstminute Capital
VC Fund
1 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $650k–$30M
Betwixt Ventures
VC Fund
1 Portugal Seed Drones, Energy, Mobile $137k–$1.2M
Wayra
VC Fund
1 Spain, United Kingdom, United States Seed, Series A Software, Information Technology, SaaS $145k–$15M
LeadX Capital Partners
VC Fund
1 Germany, France, United Kingdom Seed, Pre-Seed, Series B SaaS, Software, Restaurants $120k–$16M
Creative Wings
VC Fund
1 Portugal Seed Hardware, Mobile Devices, Internet of Things
Construtech Ventures
VC Fund
1 Brazil, Portugal Seed, Pre-Seed Real Estate, Software, Construction
Knight Capital
VC Fund
1 United Kingdom, China, Spain Series A, Series B Software, SaaS, Information Technology $3.1M–$38M
Seaya
VC Fund
1 Spain, France, Mexico Series A, Series B Internet, Software, Financial Services $3.7M–$54M
Beta Capital
VC Fund
1 Portugal, United Kingdom Seed Software, Health Care, Biotechnology $476k–$3.1M
Access all 20 VC funds in Portugal Hardware 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 · 16 investments in Portugal Hardware 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, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States, France

Investor stats

  • Total investments: 225
  • Round size: Seed $110k–$2.1M; Pre-Seed $110k–$658k
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2011

Portfolio highlights

  • PLUTOS — We are here to make sure that your Puppy gets the best treat! PLUTOS were created specifically for dogs to have fun. Find out our dog healthy chews.
  • SCUBIC — SCUBIC is a developer of a cloud-based analytics platform. They were designed to help water utilities and industries improve the management of water supply systems. They combine water management, energy efficiency techniques, data science, hydraulics, and software engineering in order to deliver impactful solutions that improve systems andprocesses. They are specialized services that account for the energy usage in homes, service buildings, or industrial plants.
  • KeepIt Energy — KeepIt - KeepIt will place an energy storage technology on the market and thus contribute to a successful energy transition. This technology, which can potentially be used in different market segments, from home solar systems in developing countries to grid support in developed countries, will make an important contribution to harmonisingproduction and consumption in a world that runs on electricity produced entirely from renewable sources. KeepIt is a spin-off from the Faculty of Sciences of the University of Lisbon, stemming from the doctoral work in which its founding partners were involved.
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Caixa Capital
VC Fund · Lisboa, Lisboa, Portugal · 9 investments in Portugal Hardware 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, SaaS
  • Stage:Seed, Series A
  • Geography: Portugal, United States, Spain

Investor stats

  • Total investments: 67
  • Round size: Seed $120k–$2.5M; Series A $3M–$12M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Veniam — Transfer 10x more data for your video telematics, fleet operations, industrial IoT or connected vehicles.
  • 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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Bynd Venture Capital
VC Fund · Lisbon, Lisboa, Portugal · 5 investments in Portugal Hardware startups

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 States

Investor stats

  • Total investments: 62
  • Round size: Seed $483k–$5.3M; Pre-Seed $576k–$2.1M; Series A $5.5M–$50M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $11M in 2019

Portfolio highlights

  • Pollen — Pollen is developing a universal battery-swapping network for mopeds and motorcycles, enabling riders to quickly exchange depleted batteries for fully charged ones, reducing downtime and supporting efficient, scalable electric mobility in urban environments.
  • Wio Capital — Wio Capital is a wealthtech company that builds an AI-powered wealth management platform for financial advisors, offices, and bankers.
  • Spacebackend — Spacebackend is redefining how aerospace teams handle mission-critical integration. Our platform, Lynapse, is an AI-powered system integration environment designed for engineers-in-the-loop. We empower software integration and AIT/AIV teams to bridge the gap from hardware interface to flight-ready software - starting in the design phase andcontinuing through end-to-end integration.By decoupling software readiness from physical hardware and leveraging AI to automate the implementation of complex interfaces, we reduce integration effort from years to days. Lynapse uses AI to convert complex ICD documentation into digital models, automatically producing, testing, and validating platform-agnostic source code.Our workflow ensures every line of code is deterministic, engineer-approved, and fully traceable from documentation to deployment. Whether you are generating platform-agnostic code from scratch or validating existing flight software against a digital ICD model, Lynapse exposes failures and readiness gaps early - when it matters most. Build integration readiness today.
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Armilar Venture Partners
VC Fund · Lisboa, Lisboa, Portugal · 5 investments in Portugal Hardware 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: 101
  • Round size: Seed $500k–$4.8M; Series A $4M–$16M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $53M in 2019

Portfolio highlights

  • Equall — Equall offers legal AI systems to help companies and lawyers evaluate and control risk.
  • DOJO AI — Dojo AI is pioneering the Marketing Operating System (MOS) category, providing challenger brands with enterprise-grade marketing infrastructure. Its proprietary technology combines real-time market intelligence, specialized AI agents, and automated workflow orchestration in one unified platform.The Dojo MOS enables marketing teams to run theirentire operation - from market research and strategy to content creation and campaign execution - through a single, intelligent system. The platform features a proprietary graph engine for real-time market intelligence, marketing-specific language models, and autonomous AI agents trained for specialized marketing tasks.Built for challenger brands looking to compete more effectively, Dojo eliminates the need for multiple point solutions and reduces dependency on external agencies. The platform continuously learns and optimizes, providing companies with compounding advantages as they scale their marketing operations.
  • DareData
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HCapital Partners
VC Fund · Lisbon, Lisboa, Portugal · 5 investments in Portugal Hardware 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, Series A
  • Geography: Portugal, Spain, Switzerland

Investor stats

  • Total investments: 16
  • Round size: Seed $1.1M–$3.2M; Series A $4.7M–$8.5M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $23M in 2017

Portfolio highlights

  • Automaise — Radically improve your customer care operations by focusing where the volume is and helping your agents do a better job.
  • Libattion — Sustainable, modular, grid-scale battery energy storage solutions with CO2-certificate. For industrial and commercial applications.
  • Eneida — Operational Analytics LV Apps, software and smart sensor for LV Network Monitoring, Control, and Visibility
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Faber
VC Fund · Lisbon, Lisboa, Portugal · 4 investments in Portugal Hardware startups

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: 82
  • Round size: Seed $549k–$5.5M; Pre-Seed $34k–$3.8M; Series A $5M–$25M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Vyoma GmbH — Vyoma ensures satellite safety and real-time mapping of space objects with cameras on satellites paired with automation services.
  • Apres — Apres is a distributed learning engine built to enable high-performance, user-friendly AI for the world.
  • RESONIKS — It's data that drives resilient and sustainable supply chains. Implement SUPPLYZ solutions to gather real-time inventory data for your products and materials and use this data to automate your processes, offer new services and prevent supply chain disruptions. SUPPLYZ can be implemented for both industrial and consumer applications
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Bright Pixel (formerly Sonae IM)
VC Fund · Maia, Porto, Portugal · 4 investments in Portugal Hardware 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, Spain

Investor stats

  • Total investments: 89
  • Round size: Seed $1.1M–$7.3M; Series A $5.4M–$15M; Series B $15M–$35M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • EatTasty — Fresh food delivery service in Lisbon. Easy to choose and order. Free delivery. Discover our delicious lunches and dinners!
  • Encord — Encord is the multimodal data layer for physical AI. Manage, curate, annotate, and align petabytes of data - from sensor streams to video to text. Trusted by 300+ AI teams including Woven by Toyota, AXA, UiPath, Zipline, and more.
  • Tidal Cyber — Tidal Cyber helps enterprise organizations to define, measure, and improve their defenses to address the adversary behaviors that are most important to them. It also helps to assess, organize, and optimize defenses with a deep understanding of the threats.
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LC Ventures
VC Fund · Lisbon, Lisboa, Portugal · 3 investments in Portugal Hardware 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, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series D
  • Geography: Portugal, China, Poland

Investor stats

  • Total investments: 27
  • Round size: Seed $262k–$4.9M; Pre-Seed $11k–$329k
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $17M in 2018

Portfolio highlights

  • Cleanwatts — We simplify, amplify and accelerate energy decarbonization for companies and communities around the world. Our clients call upon us to improve their energy efficiency performance and to increase their access to affordable clean energy. Join Cleanwatts today.
  • Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
  • Brands&Ninjas — SaaS to control the performance of physical marketing campaigns on retail.
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Novabase Capital
VC Fund · Lisboa, Lisboa, Portugal · 3 investments in Portugal Hardware startups

Novabase Capital, Sociedade de Capital de Risco, SA is a venture capital firm owned entirely by Novabase SGPS, SA. Its main purpose is to find and support Portuguese ICT business projects – in early development or expanding – with high potential. Novabase Capital has an unique, specific expertise and a long track record in the development oftechnology-based SMEs throughout Portugal.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $576k–$3M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2011

Portfolio highlights

  • WEEZIE — Weezie offers all-in-one fiber network management software focused on the automation and digitalization of all internal processes.
  • Glartek — Glartek is a technology-enabled services company focused on Industrial Internet of Things and Augmented reality solutions. With their experience in development solution for industry and their knowledge in field management, they are able to provide the best expertise in cloud analytics and augmented reality tools for the industry.
  • HypeLabs — HypeLabs is the company that created the Hype SDK, an interoperable mesh networking software that improves connectivity on all kinds of devices, from mobile to desktop to IoT, allowing them to connect even when there is no internet. The software works by intelligently connecting devices in local mesh networks using existing connectivitytechnologies, such as Bluetooth, WiFi, LoRa and others. This network enables content to securely hop between devices, until it reaches a destination or an Internet exit point, improving range and deliverability.Founded in 2016, the company is located in San Francisco (USA), Porto (Portugal), London (UK) and Krakow (Poland). AngelPad #10 (Spring '16) alumni & Deutsche Telekom WARP alumni.
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EDP Ventures
VC Fund · Lisbon, Lisboa, Portugal · 3 investments in Portugal Hardware 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
  • Geography: Portugal, United States, Brazil

Investor stats

  • Total investments: 53
  • Round size: Seed $478k–$3M; Series A $1.7M–$14M
  • Lead/follow: 28% lead, 72% 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.
  • Voltbras — We connect charging networks to electric vehicle and fleet drivers, from the management of points to payment for the service
  • 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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Access 48,091 investors

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

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Indico Capital Partners
VC Fund · Lisbon, Lisboa, Portugal · 3 investments in Portugal Hardware startups, 8 in the past 12 months

Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico werepreviously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.Highly innovative companies like luxury eCommerce platform Farfetch, YC graduate machine learning translation platform Unbabel or the leading student accommodation marketplace Uniplaces have a strong Portuguese DNA and went to raise international rounds in the UK and the US - we want to back the next success stories of the ecosystem.

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Investment focus

  • Industry: Information Technology, E-Commerce, B2B
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Portugal, United States, Spain

Investor stats

  • Total investments: 43
  • Lead/follow: no public data

Portfolio highlights

  • FRVR — FRVR brings captivating games to billions of players instantly.
  • Indie Campers — Indie Campers offers adventurers the opportunity to start their journey in one location and end it in any of our other depots, while delivering an outstanding customer service for a unique and unforgettable experience.
  • Oceano Fresco — Oceano Fresco develops and produces bivalves varieties with superior performance for shellfish farmers at a competitive cost, respecting environmental sustainability and ensuring consumer safety.They use a multi-disciplinary approach including expertise in molecular biology, genetics, animal physiology, computational biology and intellectualproperty to select value adding traits to shellfish farmers and contribute to the sustainability and profitability of the aquaculture industry.They work with hatcheries, nurseries and research centers in order to test and validate their solutions and ensure that they suit the specific needs of each customer, in each technical and environmental context.
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Brpx
VC Fund · Lisboa, Lisboa, Portugal · 3 investments in Portugal Hardware 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–$2.1M; Pre-Seed $318k–$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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Innovation Nest
VC Fund · Kraków, Malopolskie, Poland · 2 investments in Portugal Hardware startups

Innovation Nest invest in early stage B2B SaaS startups from Europe and help them grow from local to global using our network of contacts and strong in-house competencies. It strongly believes that the path to growth leads through Silicon Valley and strongly encourage our portfolio startups to set up presence there. The company supports high-techcompanies to grow faster and scale their business globally.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 75
  • Round size: Seed $25k–$2.5M; Series A $4.5M–$11M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $12M in 2011

Portfolio highlights

  • Kenjo — All-in-one human resources (HR) software created for SMEs that need to optimise their processes. Click to find out more!
  • Antavo Enterprise Loyalty Cloud — Engage non-loyalty members with our promotion technology and build your customer loyalty program faster with our AI-powered loyalty management software.
  • AI Clearing — AI-powered platform for construction progress tracking and quality control, supporting contractors and asset owners in energy, utilities, infrastructure, and civil construction projects.
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200M
VC Fund · Porto, Lisboa, Portugal · 2 investments in Portugal Hardware 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, Retail
  • Stage:Seed, Series A
  • Geography: Portugal, Brazil, France

Investor stats

  • Total investments: 7
  • Round size: Seed $2.7M–$5.9M
  • Lead/follow: 29% lead, 71% 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 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 every part 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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REDangels
VC Fund · Aveiro, Aveiro, Portugal · 2 investments in Portugal Hardware startups

They believe the unbelievable and trust the untrustable.

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Investment focus

  • Industry: Mobile, Internet of Things, Internet
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Portugal, Poland, Germany

Investor stats

  • Total investments: 23
  • Round size: Seed $110k–$3M; Angel $55k–$181k; Pre-Seed $11k–$55k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • HypeLabs — HypeLabs is the company that created the Hype SDK, an interoperable mesh networking software that improves connectivity on all kinds of devices, from mobile to desktop to IoT, allowing them to connect even when there is no internet. The software works by intelligently connecting devices in local mesh networks using existing connectivitytechnologies, such as Bluetooth, WiFi, LoRa and others. This network enables content to securely hop between devices, until it reaches a destination or an Internet exit point, improving range and deliverability.Founded in 2016, the company is located in San Francisco (USA), Porto (Portugal), London (UK) and Krakow (Poland). AngelPad #10 (Spring '16) alumni & Deutsche Telekom WARP alumni.
  • Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
  • Sensefinity — Sensefinity The Blockchain IoT Transformation Company Building the Internet of Cargo Where Assets autonomously connect to processes
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Shilling VC
VC Fund · Lisboa, Lisboa, Portugal · 2 investments in Portugal Hardware 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, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, Spain, United States

Investor stats

  • Total investments: 79
  • Round size: Seed $603k–$5M; Pre-Seed $208k–$3M; Series A $2.4M–$16M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Manie
  • Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
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Grupo Lusiaves service
VC Fund · Leiria, Leiria, Portugal · 2 investments in Portugal Hardware 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
  • 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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WISENEXT
VC Fund · Lisboa, Lisboa, Portugal · 2 investments in Portugal Hardware 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, SaaS, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $478k–$1.6M; Pre-Seed $165k–$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.
  • Relive — Relive is empowering the next generation of real estate entrepreneurs, with a mobile app that allows them to work for themselves, from anywhere, while saving time and earning commissions faster.
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Iberis Capital
VC Fund · Lisbon, Lisboa, Portugal · 2 investments in Portugal Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $2.2M–$3.2M; Series A $6M–$43M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • LOQR — Increase your business and reduce costs with the best AI-Powered Journey-as-a-Service provider for financial institutions.
  • Connected — Connected is a startup that offers affordable connecting humans, unleashing a new wave of IoT-based business models and contributing to bridge the digital gap.
  • 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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EIT Urban Mobility
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Portugal Hardware startups

EIT Urban Mobility is an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. Europe’s leading community for impact-driven start-ups and scale-ups in urban mobilityWe want to move cities toward a more sustainable future by partnering up with start-ups and scale-ups like yours. Our Impact Venturesdivision gives you access to funding and support channels to deliver financial, environmental and social impact on the urban landscapes around us. Our tools are: Funding through grants and equity investments, Knowledge and training through partner-led programmes, networking and introductions through dedicated support to our equity portfolio companiesOur investments provide you with a boost on your growth journey, and our network connects you with the right stakeholders in the public policy sector — on a regional, national and European-wide scale — to put your company on the map and bring your urban mobility services to the people who need it the most.If you’re like us and have a drive to shape the cities of our future, join our community of engaged and esteemed impactful ventures by applying for one of the many different programs we offer.

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Investment focus

  • Industry: Software, Transportation, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain, Sweden, France

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • Smart Point — We are entering the age of convenience and immediacy. A Smart Point automates the reception of any product you shop online, and any service available in your city, from pharmaceuticals, to flowers and dry cleaning. All delivered in 1 hour and available to pick up at your convenience.
  • Parabol — As Parabol, we use our innovative power for smart mobility systems and traffic safety all over the world.
  • Fastlane — Discover seamless logistics control with our cutting-edge transport management software. Streamline operations, optimize routes, and enhance efficiency effortlessly. Try our solution for comprehensive control today!
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Kamay Ventures
VC Fund · Olivos, Buenos Aires, Argentina · 1 investments in Portugal Hardware startups

Kamay Ventures is the first corporate venture capital fund open to multiple corporations.

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Investment focus

  • Industry: FinTech, Lending, Restaurants
  • Stage:Pre-Seed, Seed
  • Geography: Mexico, Colombia

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Kilimo — Kilimo is a Big Data solution for water management in agriculture.. It features climate monitoring by using satellite and site data to provides prescription for each crop and increase water use efficiency. The company was founded in 2014 and headquartered in Cordoba, Argentina.
  • Altscore — AltScore offers Lending-as-a-Service (LaaS) tools for MSMB lending that provide cutting-edge underwriting, client experience, and smart collections.
  • 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.
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EIT Health
VC Fund · Munich, Bayern, Germany · 1 investments in Portugal Hardware startups

EIT Health is a network of best-in-class health innovators backed by the EU. We deliver solutions to enable European citizens to live longer, healthier lives.

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Grant, Pre-Seed, Seed
  • Geography: United Kingdom, Spain, Ireland

Investor stats

  • Total investments: 95
  • Round size: Seed $220k–$1.4M; Grant $22k–$1.6M; Pre-Seed $44k–$1.4M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • IDOVEN — IDoven develops products to detect heart problems at an early stage to prevent heart diseases.
  • eBreathie — eBreathie is a pioneering digital health startup offering an integrated asthma management solution. Our system comprises a smart inhaler (a medical device) that not only tracks WHEN patients take their medication but also HOW they do it, creating a detailed inhalation profile for each use. Paired with a user-friendly mobile app for patients and acomprehensive patient management platform for doctors, we provide real-time feedback on inhalation efficacy, ensuring patients and healthcare professionals have the insights needed for optimal asthma management. Leveraging IoT and AI, our goal is to reduce emergency visits, asthma attacks, and hospitalizations while ensuring effective inhalation techniques and optimal patient care.
  • Trak — Trak is a software tool for healthcare professional to provide AI-based tele-rehabilitation services like physiotherapy and others.
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Metro
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 1 investments in Portugal Hardware startups

METRO GROUP is a Germany-based holding company and international retailing company. It operates numerous outlets in various countries in Europe, Africa and Asia. The Company operates a portfolio of sales brands, which offers a range of services for private and commercial customers. The portfolio comprises Metro Cash & Carry brand, which isactive in the self-service wholesale industry, Real hypermarkets brand, which operates the Real stores across Europe offering both food and non-food products; Media Markt brand, which is active on the European market in the consumer electronics retailing industry; Saturn brand, which operates consumer electronics stores and Galeria Kaufhof brand, under which the Company operates department stores in Germany and Belgium. The Company is also engaged in the real estate operations (Metro Properties), logistics (Metro Logistics), Information Technology (Metro Systems) and advertising services.

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Investment focus

  • Industry: Hospitality, Restaurants, Retail
  • Stage:Series A, Seed, Series C
  • Geography: Germany, United States

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

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.
  • orderbird — The iPad POS system orderbird POS is a complete POS solution that is ideal for bars, restaurants and clubs. The cash register system can be individualized according to your needs. It will send the waiter's orders directly & wireless to the kitchen and bar. The iPad POS system will provide detailed reports per day, month, waiter and shift.The system operates via WiFi with pre-configured printers that are available in the orderbird store. orderbird POS is the perfect combination of low costs and high performance.orderbird was founded in 2011 by Jakob Schreyer, Bastian Schmidtke, Patrick Brienen and Artur Hasselbach with the goal of establishing a more affordable and intuitive POS system that fits the real needs of the modern catering industry. The fast-growing company is currently home to more than 100 employees at its Berlin location. Over 5,000 customers — restaurants, cafés, bars, clubs, ice cream shops and beer gardens — in the United Kingdom, Ireland, Germany, Austria, Switzerland are already using the orderbird POS system.
  • Retail Media Group — Retail Media Group GmbH (RMG) is a cross-industry marketing platform for retail data. RMG monetizes retail and customer insights from leading retailers such as Media Markt, Saturn, real, Thalia and Metro. Based on these data, RMG enables advertisers to address their respective target audiences individually and without scatter losses. With a digitalreach from more than 60 million IDs, it is a leading partner in the European trade sector. RMG is the Center of Competence when it comes to the effective handling of customer insights in retail marketing compliant with data protection regulations. Furthermore, the company strives to advance the digital transformation of the trade industry.
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Atlante
VC Fund · 1 investments in Portugal Hardware startups

The first EV Fastcharging Network enabled by renewables, energy storage and 100% grid-integrated.

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Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Atlante Infra Portugal — Atlante Infra Portugal is a electronic and electrical energy equipment production company.
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Critical SGPS
VC Fund · 1 investments in Portugal Hardware startups

Critical SGPS is a financial services company that serves sectors such as aerospace, energy, education, and health care.

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Investment focus

  • Industry: Computer, Software, Information Technology
  • Stage:Seed
  • Geography: Portugal

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Watchful Software — Watchful Software is focused on providing data-centric information protection that works. With the massive amounts that have been invested in securing the network perimeter, one thing has become painfully clear: today's enterprises must secure the information itself.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 1 investments in Portugal Hardware startups

Korys is the name chosen by the Colruyt family for their investment structure. The name Korys is derived from the Latin word for hazelnut tree – Corylus - which is at the origin of the Colruyt name.Their multi-disciplinary approach enables us to create a well-balanced, diversified portfolio of listed stocks and bonds, private equity funds, anddirect participations in small and medium-sized companies. Through their investments, they aim to make a positive impact on people and the planet, while generating attractive returns. A “three P” approach (People, Planet, Profit) forms the cornerstone of their investment strategy. They invest for the long term, as they realize that it takes time to achieve the sustainable impact they are aiming for. They focus their investments in sectors in which they have built substantial expertise as a team: Cleantech, consumer goods & retail and life sciences.

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Investment focus

  • Industry: Biotechnology, Renewable Energy, Information Technology
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 43
  • Round size: Series A $3.9M–$110M; Series B $6.4M–$41M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Greenely — Greenely is the electricity company that optimizes your electricity use using smart technology in an app. We help you take control of your consumption.
  • Ampacimon — Ampacimon develops dynamic line rating systems for transmission and distribution systems operators. Ampacimon’s products address grid infrastructure challenges such as aging assets, transmissions congestion, renewable integration, interconnectors.
  • Commit Biologics — Add a description for facebook
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Lince Capital
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Hardware 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: Information Technology, E-Commerce, SaaS
  • Stage:Seed
  • Geography: Portugal, United Kingdom, United Arab Emirates

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

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%.
  • 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.
  • OSCAR — On-demand app for home services like repair, cleaning and laundry with fixed prices in less than 30 minutes.
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Beta-i
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Hardware 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: FinTech, Computer, Software
  • Stage:Pre-Seed
  • Geography: Portugal

Investor stats

  • Total investments: 2
  • 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 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 every part 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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Techstars Ventures
VC Fund · Boulder, Colorado, United States · 1 investments in Portugal Hardware startups

Techstars helps founders succeed. Through our global accelerators, we invest in early-stage startups led by founders building a better future for everyone.

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Investment focus

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

Investor stats

  • Total investments: 233
  • Lead/follow: no public data

Portfolio highlights

  • Ello — Welcome to Ello.co - casino reviews for safe gambling. We stand on the shoulders of reviewers who have been around since the late 1990s.
  • Two Bit Circus — Dive into an immersive world of fun with friends at Two Bit Circus. Enjoy our unique blend of VR, arcade games, and story rooms designed for teamwork and shared victories.
  • Cognitive Space — Automating satellite operations and satellite Data-as-a-Service through AI to empower the use of space.
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Herrick Partners
VC Fund · New York, New York, United States · 1 investments in Portugal Hardware startups

Herrick Partners is a company that specializes in investment management services.

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Investment focus

  • Industry: Software, Electronics, Virtual Reality
  • Stage:Series A
  • Geography: Portugal

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YDreams — Unimos tecnologia sensorial, narrativas integradas e design transformador para permitir que os sonhos mais ousados possam acontecer.
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Rothschild & Co.
VC Fund · Paris, Ile-de-France, France · 1 investments in Portugal Hardware startups

Rothschild has been at the centre of the world's financial markets for over 200 years. Today, it provides Investment Banking, Corporate Banking and Private Banking & Trust services to governments, corporations and individuals worldwide.

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Investment focus

  • Industry: Software, Health Care, Mobile
  • Stage:Series B, Series C
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 33
  • Round size: Series B $5.5M–$14M; Series C $4.4M–$25M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $1.5B in 2021

Portfolio highlights

  • Firenze — Firenze aims to expand financial services by extending investment-backed lending to a wider audience, recognizing its importance in wealth creation and preservation. The founding team aims to democratize Lombard lending, making it accessible to all, while focusing on mass affluent clients.
  • Stokelp — Stokelp is the first overstock recovery marketplace dedicated to food manufacturers.
  • Agilio Software — Agilio Software helps professionals in the dental, primary care, veterinary and hospital sectors automate and optimise their operations management. Click here to learn more
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Google Assistant Investments
VC Fund · Mountain View, California, United States · 1 investments in Portugal Hardware startups

They are looking to invest and work closely with early-stage companies that are moving the voice and assistance ecosystem forward. If your company is developing technologies that broaden the Assistant’s set of features, building new hardware devices for digital assistants, or focusing on a particular industry such as travel, games, or hospitality,we'd like to hear from you.

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Investment focus

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

Investor stats

  • Total investments: 21
  • Round size: Seed $500k–$3M; Series A $3M–$11M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Satisfi Labs — Satisfi Labs is a conversational AI platform for retailers, sports venues, attractions, and live events. Its platform, the Answer Engine, powers chatbots, voice experiences, messaging apps, and website forums to provide an answer to all customer questions in real time. It creates unique customer experiences for leaders in sports, entertainment,tourism, and retail.Satisfi Labs was founded in 2016 and is based in New York, United States.
  • Slang Labs — Slang Labs provides in-app Voice Assistants. These accurate and multilingual voice assistants can be used out of the box for Android and Web Apps. Add Voice capabilities to your app with just a few lines of code.
  • Wysa — Use Wysa to vent or just talk through negative thoughts and emotions. Let it help you cope with pandemic anxiety and lockdowns. It is anonymous, safe and free.
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Critical Ventures
VC Fund · Coimbrã, Leiria, Portugal · 1 investments in Portugal Hardware startups

We invest in game-changing companies with the power to transform the way the world uses technology.

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Investment focus

  • Industry: Medical, Computer, Genetics
  • Stage:Seed, Series A
  • Geography: Portugal, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $1.2M–$13M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • hOS — hOS is an early-stage AI technology company.
  • Kirontech — Detect & manage wasteful practices
  • RunSafe Security — Secure embedded systems with RunSafe Security's runtime cybersecurity protection, integrating build-time defenses without affecting performance.
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BreakawayGrowth Fund
VC Fund · San Francisco, California, United States · 1 investments in Portugal Hardware startups

UPDATE: Chris Albinson is taking on a new role as CEO at Communitech on May 16th, 2021 - read more about his decision here. Chris and the team at BreakawayG ...

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Investment focus

  • Industry: Software, Computer, Internet
  • Stage:Seed, Series B, Series E
  • Geography: United States, Canada, Portugal

Investor stats

  • Total investments: 11
  • Round size: Seed $100k–$3.7M; Series B $6M–$15M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Gentreo — Gentreo helps you create the important documents you need for official estate planning, including your Will, Power of Attorney, and more. Get started today!
  • Senso.ai — Senso is a fintech startup using artificial intelligence to provide financial institutions with recommendations on how to strengthen client relationships.
  • 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.
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European Institute of Innovation and Technology
VC Fund · Budapest, Budapest, Hungary · 1 investments in Portugal Hardware startups

EIT empowers entrepreneurs and innovators to support the development of innovative solutions to pressing global challenges, aiming to turn ideas into products, services, and jobs for Europe.It has set up Europe’s largest innovation network with more than 2000 partners from leading business, research, and education organizations across Europeworking together in more than 60 innovation hubs across Europe. The EIT Community offers a wide range of innovation and entrepreneurship activities across Europe: entrepreneurial education courses, innovation-driven research projects, and business creation and acceleration services.By creating unique opportunities for talented innovators, entrepreneurs, and students, the EIT has powered more than 3 100 start-ups and scale-ups that have gone to raise more than EUR 3.3 billion in external capital with more than 1 170 new products and services created. 3 100 students have already graduated from EIT labeled master and doctoral programs and over 10 000 have participated in EIT Community entrepreneurial training.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Grant, Pre-Seed
  • Geography: Portugal, France, Sweden

Investor stats

  • Total investments: 8
  • Round size: Grant $75k–$295k
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $63M in 2020

Portfolio highlights

  • Aurrigo International — Global Transport Technology Leaders Engineering a Sustainable Future.
  • resourcly — Resourcly is on a mission to enable a circular economy with industrial symbiosis. We provide a B2B Industrial Inventory Sharing Platform to connect manufacturers and their partners to reuse resources and monetize industrial waste.
  • SpaceCrop — SpaceCrop is an agricultural software company that helps farms manage irrigation and increase crop resiliency using satellite data and artificial intelligence.
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Ganexa Capital
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Hardware startups

Ability to open doors on opportunities (potential clients/strategic partners/suppliers/etc). Add market credibility, something missing in many start-ups.Know-how that can save you time, money and unnecessary stress and worry. Ability to complement the existing management team, filling gapsThey understand the difficulties andhardships of starting and building a business. They are motivated to work with you on the building process, and not just wait for the end result

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Investment focus

  • Industry: Fitness, Wellness, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 7
  • Round size: Seed $478k–$2.7M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Abtrace — Abtrace is an automated, self-learning care system where we can provide personalised care, delivered at population scale - where predictive, preventative and proactive approaches keep people healthy and out of hospital.
  • 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.
  • ChemiTek — Certified & sustainable solutions for industrial maintenance. We have the solutions you need!
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Verizon Ventures
VC Fund · Basking Ridge, New Jersey, United States · 1 investments in Portugal Hardware startups

Shop Verizon smartphone deals and wireless plans on the largest 4G LTE network. First to 5G. Get Fios for the fastest internet, TV and phone service.

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Investment focus

  • Industry: Software, Mobile, SaaS
  • Stage:Series B, Series A
  • Geography: United States, Israel, Canada

Investor stats

  • Total investments: 142
  • Round size: Series A $3M–$22M; Series B $10M–$35M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $1M in 2009

Portfolio highlights

  • Wiliot — Wiliot is an enterprise supply chain AI platform delivering real-time visibility, traceability, and automation across the physical world.
  • Optibus — AI-powered transportation management platform for planning and operating more equitable, sustainable, and efficient public transportation.
  • Edgybees — Edgybees’ pioneering platform delivers real-time, high-speed augmented reality experiences to anything that moves. Using sensors and streaming data, AR application developers can now deliver overlays that keep up with a three-dimensional human experience of high-speed motion. The Edgybees platform contains a set of unique, patent-pendingcapabilities packaged in the form of a developer SDK coupled with its back-end SaaS services. This ability opens the door to exciting new consumer and commercial applications of high-speed AR on a wide range of devices. Edgybees was co-founded in 2016 by Menashe Haskin, former manager of the Amazon Prime Air Israeli development office, the company’s Chief Technology Officer, together with CEO Adam Kaplan and Vice President for Research and Development Nitay Megides.
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Keensight Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Portugal Hardware startups

Keensight Capital is a European Growth Buyout investor with deep expertise in Technology and Healthcare.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Private Equity, Series A
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 31
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2019

Portfolio highlights

  • Advancis — Advancis offers innovative PSIM solution for scalability, architecture and project support with cost efficiency.
  • Plat4mation — As ServiceNow Elite partner, we make work flow so people can get work done quickly, easily, and unimpeded.
  • Advancis Software — Advancis is based on the principle of constant growth by developing sustainable and well-designed solutions for its customers, relying on the work of competent and high-performing employees. In addition to its completely in-house in Langen/Frankfurt developed product WinGuard that is flexible with regard to customer requirements and extensibleanytime, Advancis also offers the necessary services such as support, service and maintenance – this means qualified customer care and high investment protection.
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Pathena
VC Fund · Porto, Lisboa, Portugal · 1 investments in Portugal Hardware 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: B2B, Marketing, Advertising
  • Stage:Series A, Seed, Series C
  • Geography: Portugal, Germany

Investor stats

  • Total investments: 8
  • Round size: Seed $1.4M–$3.3M; Series A $4.4M–$30M; Series C $39M–$39M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • BIZAY / 360imprimir — • Bizay has empowered more than 1 Million SMB’s to grow their businesses during the last 5 years.• Bizay is a tech-based B2B Marketplace for made-to-order products. Running a fabless business model (no capex), it leverages on the idle capacity of production partners to meet the needs of the SMB’s.• Started on printing, packaging, textile andprofessional products and now applying the same model in furniture, food and 3D printing (amongst others).• 360imprimir / 360onlineprint - rebranded to Bizay - Your bussiness your way - to reflect the unlimited product categories. • Bizay is the customer facing brand (the SMB’s do not meet the production partners) and its tech platform manages the production by: o Using data and algorithms to aggregate different orders and to decide in which suppliers to produce them, driving huge efficiency and speed gains. o Enabling full tracking of the orders in the different production partners and automating pre-production processes.• Bizay differentiates themselves from other players by offering: o Online configuration of the products (options to customize and personalize). o Competitive pricing for small and medium orders (similar price per unit as for large orders), 48 hours of delivery time (instead of several weeks) and guaranteed quality (customer-facing brand ensuring high quality levels). o Integrated value chain in a single offer (on-demand design services provided by external providers).• Originally selling in Portugal, Spain, Brazil and México, the company raised B round of 18m€ one year ago (communicated in April) in order to launch new countries.• 17 new countries were launched in 2019 simultaneously (including DE, FR, UK and USA).• In 2019, 8 months of trading in the new countries confirm: o Competitiveness pricing of their offer in all the market. o Market deepness and sound acquisition metrics.
  • Promptly — Health Analytics Patient Report Outcomes, Health Care, Value based health
  • NVision Imaging 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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Olisipo Way
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Hardware 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, FinTech, Marketplace
  • Stage:Pre-Seed, Seed
  • Geography: Portugal, Lithuania

Investor stats

  • Total investments: 18
  • Round size: Seed $1.2M–$6.5M; Pre-Seed $159k–$1.5M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Lympid — We believe that anyone should have access to the amazing opportunities found on the blockchain, from DeFi protocols (aave, compound, yearn…) to Crypto Indexes, there's so much to discover! At Lympid you will be able to do it all easily in the same app, and directly through EUR.
  • DoJob.ai — DoJob.ai is an AI-powered online platform engineered to elevate the management and planning capabilities of business organizations. It primarily serves these organizations by providing tools and features that boost the productivity of knowledge workers. More than just a tool for document creation, DoJob.ai acts as a partner for the strategy andmanagement functions within businesses. It aids in the development of strategic plans, operational documents, and other business-related documents, thereby enhancing the influence of individuals within their roles and the organization as a whole.
  • hAPI — hAPI offers financial solutions through APIs to collect financing information and documentation.
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Sisu Game Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Portugal Hardware startups

Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global.The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom haveextensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Series A
  • Geography: Finland, United States, Iceland

Investor stats

  • Total investments: 53
  • Round size: Seed $576k–$4.6M; Series A $6.1M–$38M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • emptyvessel — Emptyvessel is a gaming community that helps in crafting the new horizons of gaming.
  • Seven Stars — De perfecte match in IT. Die maken wij. Als IT-flex regisseur en specialist in IT-bemiddeling verbinden we professionals met de beste IT-opdrachten. Snel, soepel en zonder gedoe. We make IT spark.
  • Antihero Studios — Antihero Studios creates multiplayer mobile games focused on social interaction and community engagement.
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Firstminute Capital
VC Fund · London, England, United Kingdom · 1 investments in Portugal Hardware startups

firstminute is a seed fund backed by over 130 unicorn founders and a world-class community.

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Investment focus

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

Investor stats

  • Total investments: 186
  • Round size: Seed $2.4M–$10M; Pre-Seed $650k–$5.5M; Series A $6.8M–$30M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Klu.ai — Klu.ai is a generative AI platform that simplifies the process of designing, deploying, and optimizing AI applications.The company integrates major large language models (LLMs) such as Anthropic Claude, Azure OpenAI, GPT-4, and over 15 other models, enabling rapid prompt/model experimentation, data gathering, and user feedback. The platformoffers features like Klu Actions for content generation, business operations workflows, content analysis, and summarization, as well as optimization techniques for A/B testing and fine-tuning support for models like OpenAI's GPT-3.5 Turbo and GPT-4. Klu.ai is committed to data privacy and security, providing data obfuscation and redaction features to protect sensitive information.Klu.ai is founded by Stephen M. Walker II in 2022 and is located in San Francisco, California.
  • Quench.ai — Quench is a tech infrastructure for video creators to deliver exclusive content, engage and reward their true fans.
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
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Betwixt Ventures
VC Fund · Porto, Lisboa, Portugal · 1 investments in Portugal Hardware startups

Betwixt Ventures focuses on bringing together startups with Venture Capital Investors.By raising a pledge fund exclusively targeting investments on early stage startups with high potential, Betwixt Ventures proposes to add value through the following main activities:• Origination, screening, negotiation of deal terms, and monitoring of vettedstartups• Startup follow up, mentoring, consulting and value creation• Attraction of venture capital funds and placement of further investment rounds• Attraction of exit opportunities and facilitation of exit processStarting its capital raise in October 2015, the pledge fund will exclusively target investments on early stage startups typically based out of Portugal. At a second stage, it intends to invest also in Spanish and Italian startups. While no particular industry will be ruled out from the investment scope, the pledge fund will tend to focus on the broad technology and energy sectors. As a pre-requisite, it will either invest in startups previously vetted by other Business Angels, or co-invest in them with other seed or venture capital funds as partners. The focus of the pledge fund will be to invest in the gap between seed and series A rounds. Upon the investment at this stage, Betwixt Ventures will seek to attract further institutional investment rounds, internationally.On top of the pledge fund management, Betwixt Ventures will also offer both financial and general advisory services to startups. The former include either the attraction of venture capital funds for placement of further investment rounds, or the attraction of strategic buyers for potential M&A transactions, mainly in the US market. The later encompass 360 degrees consulting to startups, from marketing & sales, to business development and management.

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Investment focus

  • Industry: Drones, Energy, Mobile
  • Stage:Seed
  • Geography: Portugal

Investor stats

  • Total investments: 2
  • Round size: Seed $137k–$1.2M
  • 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.
  • BladeInsight — BladeInsight offers innovative solutions for wind turbine blade operations and maintenance.
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Wayra
VC Fund · Madrid, Madrid, Spain · 1 investments in Portugal Hardware startups

Wayra is a globally connected and technological open innovation hub in the world. We currently operate in 10 countries: Argentina, Brazil, Chile, Colombia, Germany, Mexico, Peru, Spain, the United Kingdom, and Venezuela.Through Telefónica our global presence allows us to be at the helm of innovation, shoulder to shoulder with drivenentrepreneurs and in a position to engage the right partners and leaders of industries for business. Our mission is clear, to connect innovators with Telefónica and generate joint business opportunities. We are the interface between Telefónica and entrepreneurial ecosystems across the globe because innovation makes good business sense.

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Investment focus

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

Investor stats

  • Total investments: 240
  • Round size: Seed $145k–$2.6M; Series A $2.5M–$15M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Gamium — Gamium is a Web3 and Metaverse technology company building the truly Decentralized Social Metaverse.
  • MetaSoccer — MetaSoccer is a decentralized football metaverse where you can create your own club and generate income while you run it.
  • Smart Protection — Protect your revenue by eliminating threats and infringements. Gain full visibility of what is happening with your brand online.
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LeadX Capital Partners
VC Fund · München, Bayern, Germany · 1 investments in Portugal Hardware startups

Driving digital transformation of consumer industries. As a leading growth capital investor, we combine deep investment experience with commercial reach.

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Investment focus

  • Industry: SaaS, Software, Restaurants
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Germany, France, United Kingdom

Investor stats

  • Total investments: 45
  • Round size: Seed $120k–$394k; Pre-Seed $120k–$550k; Series B $5.3M–$16M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Motatos — Motatos is an online retail store that offers a wide variety of food, beverages, and household products to customers.
  • Matsmart — Matsmart sells surplus food online. A major part of the food would otherwise be thrown away due to packaging changes, short or expired expiry dates or other reasons. During 2017, Matsmart saved 2022 tonnes of food from going to waste. The company has seen explosive growth, reaching recurring revenues of SEK 200 million. Matsmart was founded by KarlAndersson, Erik Södergren and Ulf Skagerström, and launched in Sweden in 2014. Since then, the company has also expanded to Norway and Finland. Long live the food!
  • 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.
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Creative Wings
VC Fund · 1 investments in Portugal Hardware startups

Creative Wings offers creative arts training and consultancy services as well as offers creative, engaging educational courses for kids, young adults, and professionals. Its aims is to provide these courses at an affordable cost.

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Investment focus

  • Industry: Hardware, Mobile Devices, Internet of Things
  • Stage:Seed
  • Geography: Portugal

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EGG Electronics — EGG Electronics is a Portuguese Tech Startup located in Lisbon. It was funded by EDP (Energias de Portugal) and Portugal Ventures. With its products the company aims at making the daily experience of charging electronic devices and gadgets a lot more easy and natural.EGG Electronics is recently on the spotlight because of its original EGGPowerStation - an innovative charging dock that allows to charge up to 15 devices simultaneously. With it's changeable and customizable covers it's refreshingly beautiful. Because of the flat surface, it can be placed anywhere, being available within reach of the hand. It is available both for individual consumers and for companies (as a business solution for meeting rooms or as a corporate gift)
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Construtech Ventures
VC Fund · Florianópolis, Santa Catarina, Brazil · 1 investments in Portugal Hardware startups

Construtech Ventures combines over 20 years of knowledge and networking in the construction and real estate industry with a objective and clear approach to diagnosing opportunities for adding real value to its portfolio, through prototyping solutions, hiring teams of entrepreneur to build startups with high growth potential and investing inConstrutechs with teams capable of generating a digital transformation in this industry whilst partnering with great companies looking to innovate in the development of the construction chain.

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Investment focus

  • Industry: Real Estate, Software, Construction
  • Stage:Seed, Pre-Seed
  • Geography: Brazil, Portugal

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Bider — Bider finds the best real estate offer to the user's criteria and needs. It began operation on March 1, 2016, with its headquarters in Florianópolis in Brazil.
  • Kaasa — Kaasa is a technology startup that connects real estate with repair and maintenance service providers.
  • Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
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Knight Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Portugal Hardware startups

Knight Capital is helping founders from series A to series B and beyond.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B
  • Geography: United Kingdom, China, Spain

Investor stats

  • Total investments: 14
  • Round size: Series A $3.1M–$15M; Series B $11M–$38M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Zephr — Zephr personalized paywall and subscription management software solutions drive digital revenue growth for leading publishing and media brands.
  • iDWELL — iDWELL (www.idwell.com) is a revolutionary CRM cloud software and tenant app, especially designed for the next generation of real estate management. It enables the automation of routine processes, and bundles as well as optimizes all communication between the stakeholders of a property, including service providers, asset managers, landlords,tenants and property managers. Currently, more than 750,000 apartment units are managed with the assistance of iDWELL.The iDWELL ticketing system and the connected tenant app automates routine maintenance tasks with regards to handling and reporting damages. This allows iDWELL customers to focus on more important and revenue-generating tasks. The iDWELL marketplace provides further opportunities to service tenants and landlords while generating revenue.
  • Dealroom.co — Dealroom helps professional investors, corporates and local governments to discover & track innovative tech companies.
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Seaya
VC Fund · Madrid, Madrid, Spain · 1 investments in Portugal Hardware startups

Seaya is an European VC investing in exceptional entrepreneurs who build global tech companies.

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Investment focus

  • Industry: Internet, Software, Financial Services
  • Stage:Series A, Series B
  • Geography: Spain, France, Mexico

Investor stats

  • Total investments: 96
  • Round size: Series A $3.7M–$30M; Series B $4M–$54M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $341M in 2022

Portfolio highlights

  • bezahl.de — Bezahl provides digital and automated payment management and solutions.
  • Remuner — Say goodbye to spreadsheets. Remuner is the sales compensation software that automate your commissions and drive performance.
  • Shalion — Shalion enables ambitious brands to navigate their journey to digital shelf excellence with a unique, unified digital shelf & retail media insights solution.
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Beta Capital
VC Fund · Porto, Lisboa, Portugal · 1 investments in Portugal Hardware startups

We support innovative tech ventures to unlock its potential by providing smart funding and hands-on advisory.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed
  • Geography: Portugal, United Kingdom

Investor stats

  • Total investments: 7
  • Round size: Seed $476k–$3.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zen8 — Explore Connected Swim Training at zwim.com. Smart Swim Trainer + data + immersive game = real swim power. Train at home, get faster in the water. Join the waitlist now.
  • LoopOS — LoopOS is a comprehensive Circular Economy ERP system designed to optimize and streamline multiple processes including buybacks, returns, trade-ins, repairs, and consumer-to-consumer transactions. It focuses on providing tools to measure the impact of the activities.
  • PFx Biotech — PFx Biotech transforms food through bioinnovation by creating sustainable and nutritional alternative protein solutions.
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Hardware VC funding in Portugal at a glance

Stats across 16 deals from 20 investors.

20
investors
in Portugal Hardware startups
16
deals
in Portugal Hardware startups
$135k
median round
in Portugal Hardware startups
45%
lead investors
lead at least one round
44%
Pre-Seed
most common funding stage

Access all 20 VC funds in Portugal Hardware startups.

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