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Top 15 Life Science VC Funds & Investors in Portugal (October 2026)

The most active venture capital funds investing in Portugal Life Science startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Portugal Life Science startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
SOSV
VC Fund
5 United States, China, Canada Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software $50k–$5M
Caixa Capital
VC Fund
3 Portugal, United States, Spain Seed, Series A, Pre-Seed Software, Information Technology, Health Care $108k–$12M
SOSV HAX
VC Fund
3 United States, Canada, China Seed, Convertible Note, Pre-Seed Robotics, Manufacturing, Health Care $25k–$4.7M
Armilar Venture Partners
VC Fund
3 Portugal, United States, United Kingdom Seed, Series A Software, Information Technology, Artificial Intelligence $520k–$17M
Boule Diagnostics
VC Fund
1 Portugal Series A Medical, Wellness, Health Care
Nina Capital
VC Fund
1 United States, United Kingdom, Germany Seed, Pre-Seed, Series A Health Care, Artificial Intelligence, Software $529k–$21M
Artesian VC
VC Fund
1 Australia, United States, China Seed, Venture - Series Unknown, Pre-Seed Software, Health Care, Artificial Intelligence $40k–$17M
Social Impact Fund
VC Fund
1 Spain, Portugal, United States Debt Financing, Seed Software, Education, Apps $995k–$5.7M
EISMEA
VC Fund
1 Spain, Italy, United Kingdom Grant, Venture - Series Unknown, Seed Manufacturing, Software, Biotechnology $53k–$2.6M
2bpartner Sociedade de Capital de Risco S.A.
VC Fund
1 Portugal, Spain Seed, Series A Software, Apps, Mobile $56k–$482k
Pathena
VC Fund
1 Portugal, Finland, Germany Seed, Series A, Venture - Series Unknown Health Care, Artificial Intelligence, Software $1.5M–$30M
Shilling VC
VC Fund
1 Portugal, Spain, United States Seed, Pre-Seed, Series A Information Technology, Software, Artificial Intelligence $125k–$20M
ChangePartners
VC Fund
1 Portugal Seed, Series A Medical, Biotechnology, Life Science
Gegnum
VC Fund
1 Portugal Series A Medical, Life Science, Biotechnology
Invicta Angels
VC Fund
1 Portugal Seed, Series A Medical, Consulting, Life Science
Access all 25 VC funds in Portugal Life Science startups.

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

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Investor list

SOSV
VC Fund · Princeton, New Jersey, United States · 5 investments in Portugal Life Science startups

SOSV offers pre-seed capital and follow-on financial support to startups focusing on deep technology and scientific innovation. Founders utilize purpose-built laboratory facilities and engineering spaces to accelerate product development and testing. The firm facilitates connections between entrepreneurs and a network of investors through structured matchmaking events and technology summits.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 3729
  • Round size: Seed $150k–$5M; Pre-Seed $50k–$1.6M; Convertible Note $50k–$3.6M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $306M in 2023

Portfolio highlights

  • Halla — Halla Intelligence is a digital solution that leverages over 100 billion shopper and product data points to recommend and promote what grocery items.
  • Simply Good Jars — Simply Good Jars is a B-Corp company that delivers healthy meals in reusable + returnable packaging through use of smart refrigerated kiosks placed in offices, transit centers, universities and health-systems. Driven by purpose to change that way people think about consumption, SGJ introduces sustainable business practices into their everydayoperations with a zero-waste goal. For every jar returned back to the company for reuse, they will help feed someone in need and ensure that no packaging materials end up in landfills.
  • Verdex Technologies — Verdex Technologies is an advanced materials platform technology that uses nanofibers to disrupt industries. Verdex doesn't just compete, it innovates and disrupts.
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Caixa Capital
VC Fund · Lisboa, Lisboa, Portugal · 3 investments in Portugal Life Science 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 funds and companies, led by highly qualified management teams, with high growth and valuation potential, that enable our funds to achieve an attractive risk adjusted return and for society at large to benefit sustainably from our activity. Currently with more than 700 million Euros under management and a portfolio of over 80 investments, Caixa Capital is a reference in this area with special links to the respective European sector associations.

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Investment focus

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

Investor stats

  • Total investments: 90
  • Round size: Seed $111k–$3M; Pre-Seed $108k–$1.7M; Series A $3M–$12M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Growappy — Growappy is an EdTech that offers an all-in-one platform for early education that is leading a vision to unlock personalized education since nursery with the power of AI, while providing a revolutionary communication experience between schools and families and drastically simplifying bureaucracy for teachers and school owners.
  • Noxus — At Spot, we're crafting the operating system for tomorrow's workforce, harnessing AI to streamline influencer marketing. Our platform empowers agencies, businesses, and content creators to collaborate effectively and reach audiences with ease.
  • Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
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SOSV HAX
VC Fund · San Francisco, California, United States · 3 investments in Portugal Life Science startups, 11 in the past 12 months

HAX is a program for Hard Tech startups taking their first steps towards commercialization. We provide hands-on support and investment as part of SOSV, a $1B AUM multi-stage venture firm.

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Investment focus

  • Industry: Robotics, Manufacturing, Health Care
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, Canada, China

Investor stats

  • Total investments: 669
  • Round size: Seed $100k–$4.7M; Pre-Seed $25k–$2.4M; Convertible Note $100k–$3.8M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • 5QXT — 5QXT is a mining technology company that provides the design, development, and implementation of metal extraction processes.
  • XFuel — XFuel is a fuel company that provides green and clean fuels to distributors and consumers. The company was founded in 2010 and is based in Palma de Mallorca, Baleares.
  • Cortysis — Cortysis develops brain stimulation device for rapid spatial and temporal modulation of cortical networks
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Armilar Venture Partners
VC Fund · Lisboa, Lisboa, Portugal · 3 investments in Portugal Life Science startups, 6 in the past 12 months

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: 119
  • Round size: Seed $520k–$3.9M; Series A $4M–$17M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely actively investing — fresh fund, raised $138M in 2025

Portfolio highlights

  • FRANK — FRANK provides an AI assistant software platform designed to automate routine, administrative back-office tasks for insurance agents and brokerages. The platform integrates directly with client communication channels (such as email and WhatsApp) and insurer portals to handle document processing, task execution, and fast quoting.
  • Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
  • Usawa Care — Usawa is a free digital pediatrician clinic in Portugal. Talk to pediatricians via WhatsApp and get guidance for your child's health.
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Boule Diagnostics
VC Fund · Spånga, Skane Lan, Sweden · 1 investments in Portugal Life Science startups

Boule develops, manufactures, and markets hematology analyzers for both human and veterinary markets. Read more about us here.

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Investment focus

  • Industry: Medical, Wellness, Health Care
  • Stage:Series A
  • Geography: Portugal

Investor stats

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

Portfolio highlights

  • Biosurfit — At biosurfit they are working to shape the future of in-vitro diagnostic testing. They want health providers to have all the necessary information to make the best possible diagnostic and treatment decision when they are with their patients
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Nina Capital
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Portugal Life Science startups, 6 in the past 12 months

We deploy early stage capital to fuel the growth of need-driven health technology companies.

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Investment focus

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

Investor stats

  • Total investments: 96
  • Round size: Seed $2M–$6.3M; Pre-Seed $529k–$2.4M; Series A $5M–$21M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $52M in 2025

Portfolio highlights

  • Biobase — Biobase is the agentic system for clinical data, closing the gap between clinical data and better healthcare.
  • Ladder Health — Expert speech, occupational, physical, and feeding therapy for children, right from home, with flexible virtual visits and a plan that fits real life.
  • Woodway Assurance — Woodway Assurance provides EviData, an AI-driven software for automated privacy assurance on de-identified and synthetic datasets.
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Artesian VC
VC Fund · Melbourne, Victoria, Australia · 1 investments in Portugal Life Science startups

Artesian Capital Management is an alternative investments management company, which was spun out of ANZ Banking Group's capital markets business in 2004, with backing from ANZ Private Equity. Artesian's founding partners, purchased ANZ's stake in 2005. The company has subsequently been fully owned by partners and staff. Since 2004, Artesian has managed specialised funds focused on credit arbitrage and relative-value strategies across global financial markets. In 2008, while continuing to manage credit relative value investment strategies from its New York, London and Singapore offices, Artesian began to make principal investments in seed/early-stage ventures from its offices in Sydney, Melbourne and Shanghai. In 2011, Artesian launched the first of its early stage venture capital funds and now manages AUD +255m. Artesian's VC strategy is to partner with best of breed accelerators, incubators, angel groups and university programs. In 2017, Artesian launched its China VC Fund with a USD 50m cornerstone investment industry super fund Hostplus. Artesian will soon launch a Southeast Asia VC Fund.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Australia, United States, China

Investor stats

  • Total investments: 643
  • Round size: Seed $40k–$4.2M; Pre-Seed $42k–$553k; Venture - Series Unknown $650k–$17M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $36M in 2023

Portfolio highlights

  • Vaulta — Vaulta is a battery casing technology company based in Brisbane, Australia. Using advanced composite materials and smart, streamlined design, Vaulta has developed a lighter and smaller battery case with fewer parts, creating scalable efficiencies and opportunities for manufacturers. Vaulta founder and director Dominic Spooner has over 12 yearsexperience as a design engineer, and has worked in a range of industries, including renewables and batteries, defence and aerospace, consumer products, commercial products and startups. While working in battery design, Dominic saw firsthand that opportunities for growth were being overlooked in favour of continuing with the status quo – and that’s when the idea for Vaulta was born.Vaulta’s world-first no-weld design means modules can be easily assembled and disassembled, cells reused and recycled, and new cells added as battery technology continues to evolve.From stationary storage and electric vehicles to defence, aerospace and beyond, Vaulta’s battery case technology works wherever batteries do.
  • TerraBlaster — TerraBlaster is a cutting-edge agricultural technology firm focused on transforming sustainable agriculture through enhanced automation and precise technologies.
  • Andromeda Robotics — At Andromeda, our personalised robot companions are helping Australian aged care teams bring joy and connection to residents to improve wellbeing.
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Social Impact Fund
VC Fund · Los Angeles, California, United States · 1 investments in Portugal Life Science startups

SIF provides financial support for public charities & acts as a fiscal agent for charities and foundations.

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Investment focus

  • Industry: Software, Education, Apps
  • Stage:Debt Financing, Seed
  • Geography: Spain, Portugal, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $995k–$2.5M; Debt Financing $1.4M–$5.7M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Irisbond — Irisbond creates a new way for humans to communicate through precision eye-tracking technology. Irisbond’s advanced software algorithms interpret your eye gaze in order to provide natural, intuitive and hands-free access to information and control over a screen. Developed for use in mobile devices, automotive, smart homes, robotics, scientific,healthcare and manufacturing, eye tracking technology lets you learn, play, work and communicate with your eyes. A pioneer in the assistive technology market, Irisbond’s eye tracking solutions are based on years of R&D in cooperation with Vicomtech, a leader in the field of artificial vision. For more information about the power of the eyes, go to www.irisbond.com/en
  • tuTECHÔ — tuTECHÔ is an innovative social enterprise born with the purpose of contributing to the eradication of homelessness in Spain.
  • Suara Cooperativa — Suara Cooperativa is a non-profit organization that provides education to children and youth and elder care services.
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EISMEA
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Portugal Life Science startups

EISMEA is an executive agency of the European Commission that implements European Union programs supporting innovation, small and medium-sized enterprises, and the Single Market. The agency manages the European Innovation Council and European Innovation Ecosystems programs under Horizon Europe. It also implements the SME component of the Single Market Programme and the Interregional Innovation Investments instrument. EISMEA provides funding and support for innovators, researchers, businesses, regions, and other organizations through grants, procurement, investment, and advisory programs. Its activities cover innovation development, SME competitiveness, entrepreneurship, market access, consumer policy, standardization, and interregional innovation. The agency also supports the implementation of EU policies and programs related to innovation ecosystems and economic development.

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Investment focus

  • Industry: Manufacturing, Software, Biotechnology
  • Stage:Grant, Venture - Series Unknown, Seed
  • Geography: Spain, Italy, United Kingdom

Investor stats

  • Total investments: 3546
  • Round size: Seed $53k–$800k; Grant $54k–$2M; Venture - Series Unknown $573k–$2.6M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • AGADE — Esoscheletri Agade | Il primo esoscheletro intelligente per lavoratori progettato per ridurre il rischio di disturbi muscolari delle spalle nella movimentazione manuale dei carichi.
  • BroadBit Batteries — BroadBit is a technology company developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy.
  • Aenitis Technologies — We develop innovative devices for cells therapy processing using Acoustic Radiation Forces.
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2bpartner Sociedade de Capital de Risco S.A.
VC Fund · Braga, Braga, Portugal · 1 investments in Portugal Life Science startups

2bpartner is a venture capital company with a highly skilled management team that can not only raise the necessary capital for your business implementation but also help you with management expertise and business network in order to maximize your performance. 2bpartner was created in 2007 by AIminho and several private investors and companies. In the end of 2011 the Minho Inovação e Internacionalização fund was created and in 2012 dst group became the majority shareholder of 2bpartner’s capital. They are currently seeking for ambitious entrepreneurs and management teams that need funds to grow their companies, projects and ideas with great potential for global expansion and value creation.

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Investment focus

  • Industry: Software, Apps, Mobile
  • Stage:Seed, Series A
  • Geography: Portugal, Spain

Investor stats

  • Total investments: 5
  • Round size: Seed $56k–$482k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Watt IS — Watt-IS is a data analytics startup company focused on delivering energy efficiency to households and small and medium-sized enterprises (SMEs). Through the development of intelligent and self-learning data analytics tools, along with user engagement platforms, we aim to increase user satisfaction levels, reduce churn rates and deliver new revenuestreams to energy utilities and Energy Service Companies (ESCO’s). Based on our data analytics and energy efficiency skills, we can provide finer customer segmentation, evaluation of Demand Side Flexibility potential and better tailor specific value-added services that can foster new sources of income for energy utilities.
  • TOPDOX — TOP Docs designs and develops document collaboration tools for mobiles and the web.The company offers a multi-cloud office platform that allows users from various clouds to collaborate on MS Word documents, Open Office, and Google Docs. It also enables its users to write, edit, collaborate, share, search, access, read, copy, move, and organizedocuments.TOP DOCS was founded on April 10, 2014, and is based in Porto, Portugal.
  • Biomode — Biomode is a startup venture based in Caldas das Taipas (Portugal) that aims to be a leading provider of rapid and accurate molecular diagnostic tests for identification of pathogens in the food, environment and life science industries.Biomode’s diagnostic kits are based on the PNA-FISH (Peptide Nucleic Acid Fluorescence In Situ Hybridisation)technology.Biomode’s founders are a group of researchers from the universities of Minho and Porto (Portugal) that is one of the few worldwide research groups with the skills to design PNA-FISH probes targeting specific pathogens.Biomode will enter the food industry diagnostics market with a kit for detecting Salmonella in food samples (Probe4Salmonella®) soon to be followed by two other kits for the detection of Listeria monocytogenes and E. coli O157:H7. On the clinical diagnostics area, Biomode has already developed a kit aimed at the rapid identification of clarithromycin resistance of H. Pylori strains (Probe4Pylori®) that is in the process of obtaining investigational device exemption from the Food and Drug Administration (FDA) in order to undergo field trials.
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Access 48,091 investors

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

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Pathena
VC Fund · Porto, Lisboa, Portugal · 1 investments in Portugal Life Science startups

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

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Seed $1.5M–$3.8M; Series A $2.7M–$30M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $74M in 2013

Portfolio highlights

  • Promptly — Health Analytics Patient Report Outcomes, Health Care, Value based health
  • Healthplus.ai — Healthplus.ai enables surgical care professionals to be more proactive towardcs patients, care and outcome; predicting infections before they are normally diagnosed.
  • NVision Quantum Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Shilling VC
VC Fund · Lisboa, Lisboa, Portugal · 1 investments in Portugal Life Science 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, direct access to successful founders and executives of leading companies. This platform supports entrepreneurs in validating and developing their ventures, which then accelerate their growth into global markets.

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Investment focus

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

Investor stats

  • Total investments: 119
  • Round size: Seed $274k–$5M; Pre-Seed $125k–$3M; Series A $5M–$20M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $49M in 2024

Portfolio highlights

  • Tucuvi — Tucuvi is a health technology company unlocking efficient and high-quality healthcare at scale with a CE-marked platform for Phone Consultation Automation. We develop safe and clinically validated Conversational AI for any care pathway, enabling clinical teams to augment their capacities, improve processes’ efficiency and efficacy, and achievebetter patient outcomes and satisfaction through continuous and personalized care.
  • Balance — Balance is a private digital health company based in Spain that operates in the clinics and outpatient healthcare services sector. company's core mission is to provide an integrated, medical, and sustainable approach to treating obesity and overweight conditions. Moving away from traditional restrictive diets, the company leverages asubscription-based telehealth model combined with clinical pharmacology.
  • Punto Health — Help healthcare and care teams deliver personalised daily support, with cognitive insights and professional monitoring to inform ongoing care.
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ChangePartners
VC Fund · Porto, Lisboa, Portugal · 1 investments in Portugal Life Science startups

ChangePartners is an independent company dedicated to mid-size transactions in the Iberian market. They develop high value added solutions specific to each particular situation , offering a fair and unbiased opinion. Their independence guarantees no conflicts of interest. Their small size and focus ensures full dedication to each transaction.

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Investment focus

  • Industry: Medical, Biotechnology, Life Science
  • Stage:Seed, Series A
  • Geography: Portugal

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Exogenus Therapeutics — Exogenus Therapeutics is engineering cell biology for innovative therapeutic solutions.Exo-T is a biotechnology company dedicated to the pre-clinical and clinical development of innovative cellular-based therapies applied to regenerative medicine, specifically for the skin lesions treatment. The company is presently developing its first product,Exo-Wound, for the treatment of chronic wounds.The project that led to the creation of the company (Nanoinspire) participated in COHiTEC 2014 program and is the result of the research developed in collaboration with Crioestaminal SA, Biocant, and Centre for Neurosciences and Cellular Biology of Coimbra University.
  • Biomode — Biomode is a startup venture based in Caldas das Taipas (Portugal) that aims to be a leading provider of rapid and accurate molecular diagnostic tests for identification of pathogens in the food, environment and life science industries.Biomode’s diagnostic kits are based on the PNA-FISH (Peptide Nucleic Acid Fluorescence In Situ Hybridisation)technology.Biomode’s founders are a group of researchers from the universities of Minho and Porto (Portugal) that is one of the few worldwide research groups with the skills to design PNA-FISH probes targeting specific pathogens.Biomode will enter the food industry diagnostics market with a kit for detecting Salmonella in food samples (Probe4Salmonella®) soon to be followed by two other kits for the detection of Listeria monocytogenes and E. coli O157:H7. On the clinical diagnostics area, Biomode has already developed a kit aimed at the rapid identification of clarithromycin resistance of H. Pylori strains (Probe4Pylori®) that is in the process of obtaining investigational device exemption from the Food and Drug Administration (FDA) in order to undergo field trials.
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Gegnum
VC Fund · São João Da Madeira, Aveiro, Portugal · 1 investments in Portugal Life Science startups

Gegnum - Gestão e Investimentos, Lda. is a company based in São João da Madeira, Portugal.

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Investment focus

  • Industry: Medical, Life Science, Biotechnology
  • Stage:Series A
  • Geography: Portugal

Investor stats

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

Portfolio highlights

  • Biomode — Biomode is a startup venture based in Caldas das Taipas (Portugal) that aims to be a leading provider of rapid and accurate molecular diagnostic tests for identification of pathogens in the food, environment and life science industries.Biomode’s diagnostic kits are based on the PNA-FISH (Peptide Nucleic Acid Fluorescence In Situ Hybridisation)technology.Biomode’s founders are a group of researchers from the universities of Minho and Porto (Portugal) that is one of the few worldwide research groups with the skills to design PNA-FISH probes targeting specific pathogens.Biomode will enter the food industry diagnostics market with a kit for detecting Salmonella in food samples (Probe4Salmonella®) soon to be followed by two other kits for the detection of Listeria monocytogenes and E. coli O157:H7. On the clinical diagnostics area, Biomode has already developed a kit aimed at the rapid identification of clarithromycin resistance of H. Pylori strains (Probe4Pylori®) that is in the process of obtaining investigational device exemption from the Food and Drug Administration (FDA) in order to undergo field trials.
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Invicta Angels
VC Fund · Porto, Lisboa, Portugal · 1 investments in Portugal Life Science startups

Invicta Angels - Business Angels Association of Porto (www.invictaangels.pt), is a club which congregates 50 business angels from the Porto region. Invicta Angels is co-founder of FNABA (www.fnaba.org). In the last years they have made several investments in startups, either alone or as a joint venture with other clubs and venture capital funds.Some of the companies in which they have made investments, have already a global focus in their target markets, and are exceeding their initial expectations in revenue generation from overseas. Having this in mind, they intend to periodically inform on their business portfolio their international business partners, business angels and venture capital funds, with whom they have established relations through EBAN (www.eban.org) in Europe, or ACA (www.angelcapitalassociation.org) in the USA.Invicta Angels represents 50 investors, entrepreneurs and senior executives of companies, with extensive experience in business and strong relationships with entrepreneurship through the creation, management and investment companies.

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Investment focus

  • Industry: Medical, Consulting, Life Science
  • Stage:Seed, Series A
  • Geography: Portugal

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • OmniumAI — OmniumAI are developing CibusAI to revolutionise traditional food reformulation.
  • Biomode — Biomode is a startup venture based in Caldas das Taipas (Portugal) that aims to be a leading provider of rapid and accurate molecular diagnostic tests for identification of pathogens in the food, environment and life science industries.Biomode’s diagnostic kits are based on the PNA-FISH (Peptide Nucleic Acid Fluorescence In Situ Hybridisation)technology.Biomode’s founders are a group of researchers from the universities of Minho and Porto (Portugal) that is one of the few worldwide research groups with the skills to design PNA-FISH probes targeting specific pathogens.Biomode will enter the food industry diagnostics market with a kit for detecting Salmonella in food samples (Probe4Salmonella®) soon to be followed by two other kits for the detection of Listeria monocytogenes and E. coli O157:H7. On the clinical diagnostics area, Biomode has already developed a kit aimed at the rapid identification of clarithromycin resistance of H. Pylori strains (Probe4Pylori®) that is in the process of obtaining investigational device exemption from the Food and Drug Administration (FDA) in order to undergo field trials.
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Life Science VC funding in Portugal at a glance

Stats across 19 deals from 25 investors.

25
investors
in Portugal Life Science startups
19
deals
in Portugal Life Science startups
$995k
median round
in Portugal Life Science startups
32%
lead investors
lead at least one round
47%
Seed
most common funding stage

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