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Top 50 Machine Learning Startup Investors in Portugal (July 2026)

The most active venture capital funds and angel investors investing in Portugal Machine Learning startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Portugal Machine Learning 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
10 Portugal, United States, France Seed, Pre-Seed Software, Information Technology, Health Care $107k–$2.1M
Faber
VC Fund
6 Portugal, United States, United Kingdom Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $34k–$25M
Shilling VC
VC Fund
5 Portugal, Spain, United States Seed, Pre-Seed, Series A Information Technology, Software, Internet $208k–$20M
Caixa Capital
VC Fund
5 Portugal, United States, Spain Seed, Series A, Series B Software, SaaS, Information Technology $120k–$23M
Ryan Petersen
Angel
2 United States, India, Brazil Seed, Series A, Series B Software, Information Technology, FinTech $1.7M–$62M
TheVentureCity
VC Fund
2 United States, Spain, Brazil Seed, Pre-Seed, Series A Software, SaaS, Information Technology $100k–$45M
GED Ventures Portugal
VC Fund
2 Portugal, France, Germany Seed, Venture - Series Unknown, Pre-Seed Software, Artificial Intelligence, Health Care $1.6M–$38M
Crane Venture Partners
VC Fund
2 United Kingdom, United States, Germany Seed, Series A Software, Information Technology, Artificial Intelligence $2.7M–$39M
Draper Associates
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Software, FinTech, Information Technology $1M–$50M
Grupo Lusiaves service
VC Fund
2 Sweden, Portugal Seed, Post-IPO Equity Computer, Consumer, Software $81k–$330k
Novabase Capital
VC Fund
1 Portugal, United States Seed, Pre-Seed Software, Information Technology, Analytics $576k–$3M
Gorilla Capital
VC Fund
1 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, SaaS, Information Technology $149k–$5M
Sonae
VC Fund
1 Spain, Portugal Seed, Series A, Equity Crowdfunding SaaS, Robotics, Software
Dispatch Ventures
VC Fund
1 Canada, United States, Nigeria Seed, Pre-Seed, Series A Software, Internet, Financial Services $125k–$18M
Notion Capital
VC Fund
1 United Kingdom, United States, Germany Series A, Seed, Series B Software, Information Technology, SaaS $1.1M–$60M
Bewater Funds
VC Fund
1 Spain, Colombia, Portugal Seed, Secondary Market Software, SaaS, Machine Learning $24k–$2.1M
Roger Dickey
Angel
1 United States, Canada, Colombia Seed, Pre-Seed Software, Education, E-Commerce $756k–$5M
European Institute of Innovation and Technology
VC Fund
1 Portugal, France, Sweden Grant, Pre-Seed Information Technology, Software, Artificial Intelligence $75k–$295k
Augusta Investments
VC Fund
1 United States, Spain, Brazil Seed, Series A, Series B Software, Mobile, SaaS $770k–$45M
M4 Ventures
VC Fund
1 Portugal, United Kingdom, United Arab Emirates Seed FinTech, Payments, Mobile Payments
Bruno Cardoso
Angel
1 Portugal Seed Consulting, Machine Learning, Professional Services
Rock International Group
VC Fund
1 Portugal Series A Energy, Machine Learning, Artificial Intelligence
Maersk Growth
VC Fund
1 United States, United Kingdom, Denmark Series A, Seed, Series B Logistics, Supply Chain Management, Software $1.3M–$115M
Investo
VC Fund
1 United States, Mexico, Chile Seed, Pre-Seed, Angel E-Commerce, Internet, Financial Services $120k–$5M
J12
VC Fund
1 Sweden, Germany, Norway Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $1.2M–$30M
Future Energy Ventures
VC Fund
1 Germany, United States, Israel Seed, Series A Software, Energy, Information Technology $1.2M–$27M
Rob Emrich
Angel
1 United States, Portugal Seed, Debt Financing Software, Internet, Computer $650k–$1.8M
CORFO
VC Fund
1 Chile, Argentina, Peru Seed, Grant, Pre-Seed Software, SaaS, Artificial Intelligence $19k–$280k
Bright Pixel Capital
VC Fund
1 United States, Portugal, Israel Series A, Series B, Seed Software, Information Technology, SaaS $1.1M–$35M
Forestay Capital
VC Fund
1 Switzerland, United States, Germany Series B, Series C, Series A Software, Information Technology, SaaS $2M–$110M
Wefunder
VC Fund
1 United States, Kenya, France Seed, Pre-Seed, Equity Crowdfunding Software, SaaS, E-Commerce $51k–$2.7M
Terrence Rohan
Angel
1 United States, Sweden, Canada Seed, Series A, Pre-Seed Software, Artificial Intelligence, Internet $1.8M–$28M
European regional development fund (ERDF)
VC Fund
1 United Kingdom, Germany, France Grant, Pre-Seed Software, Information Technology, Biotechnology $27k–$2.2M
Errol Damelin
Angel
1 United Kingdom, United States, Israel Seed, Series A, Pre-Seed FinTech, Financial Services, Finance $535k–$47M
Adeyemi Ajao
Angel
1 United States, Spain, Chile Seed, Series A, Series B Software, SaaS, Mobile $770k–$50M
Armilar Venture Partners
VC Fund
1 Portugal, United States, United Kingdom Seed, Series A Software, Information Technology, Artificial Intelligence $500k–$17M
SHIFT Invest
VC Fund
1 The Netherlands, France, Germany Seed, Series A, Series B Biotechnology, Software, Manufacturing $549k–$18M
David Peterson
Angel
1 United States, India, Portugal Seed, Pre-Seed, Series B Internet, Medical, Software $1.5M–$2.5M
Kevin Rose
Angel
1 United States, Canada, Germany Seed, Series A, Series B Mobile, Internet, iOS $1M–$50M
LocalGlobe
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$33M
Vitor Crespo
Angel
1 Portugal Seed Consulting, Machine Learning, Professional Services
EDP Ventures
VC Fund
1 Portugal, United States, United Kingdom Series A Energy, Software, Fuel $5M–$18M
Young Guo
Angel
1 United States, Portugal Seed, Series A Artificial Intelligence, Machine Learning, B2B $1.5M–$5.5M
COREangels
VC Fund
1 Spain, Portugal, United States Seed, Pre-Seed, Series A Software, SaaS, Information Technology $150k–$17M
Raymond Tonsing
Angel
1 United States, Canada, Japan Seed, Series A, Series B Software, Information Technology, SaaS $1M–$115M
Elad Gil
Angel
1 United States, United Kingdom, Israel Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $1.6M–$117M
Workday Ventures
VC Fund
1 United States, Canada, United Kingdom Series B, Series A, Series C Software, SaaS, Artificial Intelligence $7.3M–$200M
Klau von Sayn-Wittgenstein
Angel
1 United States, Portugal Seed, Pre-Seed, Series A Artificial Intelligence, B2B, Internet $590k–$2.4M
REDangels
VC Fund
1 Portugal, Poland, Germany Seed, Pre-Seed, Angel Mobile, Internet of Things, Internet $11k–$3M
Superlyst Ventures
VC Fund
1 Germany, Portugal Seed, Pre-Seed Software, Privacy, Computer $1.4M–$4.4M
Access all 99 investors in Portugal Machine Learning 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 · 10 investments in Portugal Machine Learning 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: 261
  • Round size: Seed $110k–$2.1M; Pre-Seed $107k–$658k
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2011

Portfolio highlights

  • EatTasty — Fresh food delivery service in Lisbon. Easy to choose and order. Free delivery. Discover our delicious lunches and dinners!
  • Unlockit — Unlockit will offer to public and governmental bodies the guarantee that everything within a real estate transaction is recorded, meaning better industry regulation, more taxes and public fees collected, and less overall fraud and money laundering activities.
  • Codeplace — The best place to develop your coding skills with a comprehensive, specially curated list of tutorials and books.
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Faber
VC Fund · Lisbon, Lisboa, Portugal · 6 investments in Portugal Machine Learning 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: 91
  • Round size: Seed $549k–$5.2M; Pre-Seed $34k–$3.8M; Series A $2.5M–$25M
  • Lead/follow: 27% lead, 73% 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.
  • ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
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Shilling VC
VC Fund · Lisboa, Lisboa, Portugal · 5 investments in Portugal Machine Learning 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: 89
  • Round size: Seed $603k–$5M; Pre-Seed $208k–$3M; Series A $5M–$20M
  • Lead/follow: 24% lead, 76% 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
  • Tucuvi — Tucuvi is a digital health startup on a mission to make healthcare efficient and accessible so all patients can have the best life quality at home. We offer a virtual care platform based on Lola, the first AI voice-based virtual nurse that accompany and monitor health status of patients by naturally speaking with them via phone calls.
  • Punto Health — AI-Powered, Personalised Support for Every Patient and Family
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Caixa Capital
VC Fund · Lisboa, Lisboa, Portugal · 5 investments in Portugal Machine Learning 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, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Portugal, United States, Spain

Investor stats

  • Total investments: 74
  • Round size: Seed $120k–$2.5M; Series A $3M–$12M; Series B $1.1M–$23M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Veniam — Transfer 10x more data for your video telematics, fleet operations, industrial IoT or connected vehicles.
  • 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.
  • Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
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Ryan Petersen
Angel · San Francisco, California, United States · 2 investments in Portugal Machine Learning startups

Ryan Petersen is the CEO and Founder of Flexport. Prior to starting Flexport to fix the user experience in global trade, Ryan was co-founder and CEO of ImportGenius.com, a data-as-a-service business for global shipping. He holds a degree in economics from the University of California, Berkeley and an MBA from Columbia University.

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Investment focus

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

Investor stats

  • Total investments: 65
  • Round size: Seed $1.7M–$7.5M; Series A $13M–$30M; Series B $25M–$62M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Nuvo — The only onboarding platform with native fraud prevention and automated credit risk assessment from a portfolio of credit risk insights.
  • Teleport — Teleport is ridesharing reimagined as a protocol. By distributing ownership and governance of the network, riders get cars cheaper and faster, drivers earn more, and entrepreneurs can innovate on top.
  • Little Umbrella — Future is Fun with Social & AI Games. At Little Umbrella, we create AI-powered games that deliver immersive experiences, bringing families, friends, and communities closer together. Proudly serving a growing community of over 30 million players
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TheVentureCity
VC Fund · Miami, Florida, United States · 2 investments in Portugal Machine Learning startups

Our ticket size ranges from $100-500k for Pre-seed/Seed and $1-4M for Series A companies. We're in search of promising-founders with product-driven mindsets who have a passion for building. Those who've fallen in love with data. For we believe in fit---both product and with the team here. Got a great idea? Come to TheVentureCity and give it the expertise to help it grow.

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Investment focus

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

Investor stats

  • Total investments: 149
  • Round size: Seed $100k–$4.3M; Pre-Seed $100k–$1.2M; Series A $3M–$45M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Count — Explore, refactor, and share your data at warp speed.
  • Tansley — Tansley is a group of companies (Guaw, Milbby, Brand Story, Bookish) focused on fostering consumer ecosystems around hobbies and passions.
  • Passport — Passport is the modern shipping carrier for international ecommerce that helps direct-to-consumer brands ship their products internationally.
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GED Ventures Portugal
VC Fund · Lisboa, Lisboa, Portugal · 2 investments in Portugal Machine Learning startups

GED Ventures Portugal is an Investment firm.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $1.6M–$3.3M; Venture - Series Unknown $12M–$38M
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • Rofim — Rofim is a telemedicine platform which offers secure collaborative medical diagnostic services for healthcare professionals.
  • Hoopers — Global basketball community platform connecting players, fans and enthusiasts through products, contents, experiences and NFTs.
  • PluggableAI — FAN OF THE MATCH transforms fan passion in live events, sports, and media into AI-driven insights that boost engagement and create new revenue opportunities
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Crane Venture Partners
VC Fund · London, England, United Kingdom · 2 investments in Portugal Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 126
  • Round size: Seed $2.7M–$8.8M; Series A $8M–$39M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Qovery — Qovery is a DevOps automation tool that lets developers deploy and scale applications on their cloud by simplifying and automating infrastructure so tech teams can focus on what matters most: building great products.
  • Nuclia — With Progress Agentic RAG, auto-index files and documents, streamlining use cases with LLMs and AI agents.
  • ConfigHub Inc. — ConfigHub will unify and centralize software infrastructure configuration in a way that existing tools do not.
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Draper Associates
VC Fund · San Mateo, California, United States · 2 investments in Portugal Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 402
  • Round size: Seed $1M–$8.3M; Series A $2.3M–$23M; Series B $5M–$50M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • CryptoMove — Buy a perfect domain name from Sudos.com. Discover thousands of domain names available for sale. Sudos.com keeps you safe.
  • Peer Robotics — Discover the latest cutting-edge robotics solutions at Peer Robotics. We offer innovative products and services to revolutionize industries.
  • Picnic — The Picnic Pizza System is a modular, easy-to-use, automated pizza assembly system that saves time, money, and labor without compromising quality.
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Grupo Lusiaves service
VC Fund · Leiria, Leiria, Portugal · 2 investments in Portugal Machine Learning 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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Access 48,091 investors

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

Browse database — It's Free!
Novabase Capital
VC Fund · Lisboa, Lisboa, Portugal · 1 investments in Portugal Machine Learning 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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Gorilla Capital
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Portugal Machine Learning startups

Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 66
  • Round size: Seed $274k–$1.3M; Pre-Seed $149k–$680k; Series A $2.6M–$5M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Munchi — Munchi allows restaurants to manage all orders, payments and loyalty in one platform with the power of AI.
  • Mobal — It is time to get your Business Profiles in shape. Meet your customers where they are and stand out where it matters most.
  • Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.
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Sonae
VC Fund · Maia, Porto, Portugal · 1 investments in Portugal Machine Learning startups

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

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Investment focus

  • Industry: SaaS, Robotics, Software
  • Stage:Seed, Series A, Equity Crowdfunding
  • Geography: Spain, Portugal

Investor stats

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

Portfolio highlights

  • THEKER Robotics — THEKER Robotics is a startup developing intelligent general-purpose robots for sectors such as waste management and logistics.
  • Movvo — The Movvo platform delivers smart business intelligence solutions for owners and operators of retail and commercial real estate that turns data into improved retail performance and better value engineering decisions. The platform combines consumer behaviour wireless sensor technology and digests other public and private datasets, enhancing theunderstanding of the data by applying machine learning to provide fast and easy interpretation of this data delivering insights and rapid scenario-planning. Whether it is measuring ROI or reporting KPI's, the Movvo platform has these bases covered. Where it comes into its own is via the application of machine learning Want to easily prepare a leasing pack that maximises the rental value, what to create additional incremental value from asset investment decisions, want to know the impact of changing the tenant from apparel retailer to food & beverage? The Movvo platform can deliver prescriptive intelligence and more.
  • Rethink Foods Company — Rethink Foods Company focuses on making plant-based and clean-label ice creams. Rethink Foods Company was founded in 2018 and was headquartered in Madrid, Spain.
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Dispatch Ventures
VC Fund · Quebec, Quebec, Canada · 1 investments in Portugal Machine Learning startups

Dispatch Ventures invests in founders building early-stage technology companies. Over the years, Dispatch has nurtured dozens of startups- helping them find corporate clients, skilled employees, gain media coverage, and raise millions in venture capital.

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Investment focus

  • Industry: Software, Internet, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States, Nigeria

Investor stats

  • Total investments: 23
  • Round size: Seed $500k–$3.7M; Pre-Seed $125k–$3.1M; Series A $6M–$18M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Leav — Sign up for a free trial of the most intuitive mobile self-checkout platform designed for today's retailers.
  • 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.
  • Stamped Technologies — Stamped is an accounting firm using technology to provide SMEs with fast, easy and affordable financial and corporate tax preparation.
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Notion Capital
VC Fund · London, England, United Kingdom · 1 investments in Portugal Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 275
  • Round size: Seed $1.1M–$7M; Series A $4.5M–$26M; Series B $7.5M–$60M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Volo Commerce — Volo brings together data and intelligence from all over the commerce ecosystem and uses AI to provide real-time actionable insights.
  • Zattikka — Zattikka Ltd was founded this year by Tim Chaney and Mark Opzoomer. Chaney has worked at the top of the videogame industry for 25 years, engineering two sales of and two MBO's of Virgin Interactive companies. Opzoomer as CEO of Yahoo! Europe and Rambler.com strategised and executed major business turnarounds. Zattikka is a blend of videogame,internet platform/distribution and internet/mobile gaming talent targeting fast track growth via acquisition of development talent and creation of IP.
  • Endra — Endra is a software platform for mechanical, electrical, and plumbing (MEP) engineering that automates the design, modeling, and documentation of building systems. The platform generates 2D and 3D models, calculations, schedules, diagrams, and other engineering documentation from architectural and building design inputs. It supports disciplinessuch as electrical, fire alarm, HVAC, plumbing, and sprinkler system design, and integrates with Autodesk Revit and common CAD and BIM file formats. Endra uses artificial intelligence, simulation, and computational methods to assist with tasks such as system layout, cable routing, device placement, and documentation generation while helping engineers comply with applicable design standards and regulations. The platform is designed for MEP engineers and engineering firms seeking to reduce manual design and documentation work across construction projects.
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Bewater Funds
VC Fund · Madrid, Madrid, Spain · 1 investments in Portugal Machine Learning startups

Bewater Funds manages closed-end funds that invest in excellent, unlisted private companies. Entity supervised by the CNMV. Only for professional clients.

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Seed, Secondary Market
  • Geography: Spain, Colombia, Portugal

Investor stats

  • Total investments: 21
  • Round size: Seed $291k–$2.1M; Secondary Market $24k–$281k
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Pekata — Permite a tus empleados que personalicen sus lotes de Navidad y que sean memorables.
  • Inversiva — Inversiva is a real estate investment firm that offers property management, rental, and renovation services.
  • Product Hackers — Crecimiento real, sin humo. Activa estrategias de Full Business Growth para escalar tu negocio con impacto, foco y sostenibilidad.
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Roger Dickey
Angel · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Roger Dickey is the Co-Founder & CEO of Made Renovation. He previously worked at Gigster as a Co-Founder & CEO. Roger Dickey attended the University of Illinois Urbana-Champaign.

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Investment focus

  • Industry: Software, Education, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, Colombia

Investor stats

  • Total investments: 23
  • Round size: Seed $1.1M–$5M; Pre-Seed $756k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • howie — howie an email-based scheduling assistant, uses artificial intelligence to automate the scheduling and rescheduling of your meetings.
  • Double — Double is a software platform that helps users to build, automate, and analyze investment portfolio for retail investors.
  • Augment Markets — Augment is a pre-IPO marketplace that enables investors to buy and sell shares in private companies for as little as $10k. Investors can trade shares within its Collective product without the hassle of traditional secondaries markets. It offers securities through Augment Capital, LLC, a registered broker-dealer and Alternative Trading System withFINRA and the SEC.
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European Institute of Innovation and Technology
VC Fund · Budapest, Budapest, Hungary · 1 investments in Portugal Machine Learning 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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Augusta Investments
VC Fund · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Seed/Early Technology Investments

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Investment focus

  • Industry: Software, Mobile, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Spain, Brazil

Investor stats

  • Total investments: 36
  • Round size: Seed $770k–$3M; Series A $2.5M–$25M; Series B $3.6M–$45M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Rappi — Rappi is a consumer tech company that specializes in providing online delivery services. It connects consumers who want to purchase prepared foods, groceries, clothes, and virtually anything with independent contractors who can fulfill those needs. The company was founded in 2015 with its main offices in Bogota, Colombia.
  • Dropbox DocSend — Try our secure document sharing platform for free. Instantly know when documents are opened & what pages are read. Easy-to-use eSignatures.
  • Augusta Gold — Augusta Gold is an exploration and development company focused on creating long-term stakeholder value. It develops the Reward and Bullfrog gold projects and pursues accretive merger and acquisition opportunities. The company's projects are situated in the Bullfrog mining district, Nevada, and possess existing infrastructure for accelerateddevelopment.
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M4 Ventures
VC Fund · Lisboa, Lisboa, Portugal · 1 investments in Portugal Machine Learning startups

M4 Ventures helps startups to grow and expand globally through experience and hands-on collaboration.

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Investment focus

  • Industry: FinTech, Payments, Mobile Payments
  • Stage:Seed
  • Geography: Portugal, United Kingdom, United Arab Emirates

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Modatta — Your data is worth a fortune, so why aren't you getting paid? Now you can. Monetize your data. Decide who uses it and why. Bring fairness to the system.
  • PayNest — PayNest is a payments amalgamator, which was created with the core mission of digitizing cash collection in the Middle East.
  • Paynest — Hello, we are Paynest! An innovative online platform with a very important mission: to give every employee the tools to master financial wellness and build a resilient future. Instant wage access, financial education and mentoring by professional financial coaches are the main benefits we bring on the table.Our co-partners in this mission will bethe pioneering employers: the minds who have an insightful and special way of thinking. Those who believe that their teams’ wellness is a top priority and want to see their employees evolve both professionally and personally. Together we will provide independence and safety to every employee. And that’s just the beginning! We are here to grow with you.50% of employees confirm that they are unable to fund a financial emergency. This is something that “produces” a never-ending sense of financial stress. Studies show that the demanding modern life and the global political and economical changes make every employee worry about the future. In Paynest we believe that it's vital for employees to have instant wage access whenever they want to. The result will be less everyday stress, more focus and boosted morale.In Paynest we believe that if you take action today, you can dream of tomorrow.And that is something that works both for every employer and every employee around the world.
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Bruno Cardoso
Angel · 1 investments in Portugal Machine Learning startups

Bruno Cardoso

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Investment focus

  • Industry: Consulting, Machine Learning, Professional Services
  • Stage:Seed
  • Geography: Portugal

Investor stats

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

Portfolio highlights

  • DeepNeuronic — Transform surveillance with AI-powered computer vision. Real-time threat detection, traffic monitoring, and intelligent analytics for safer operations.
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Rock International Group
VC Fund · 1 investments in Portugal Machine Learning startups

Rock International Group is a venture capital investment firm.

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Investment focus

  • Industry: Energy, Machine Learning, Artificial Intelligence
  • Stage:Series A
  • Geography: Portugal

Investor stats

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

Portfolio highlights

  • Jungle AI — Jungle uses artificial intelligence to predict component failure, and poor performance in an advanced asset management software.
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Maersk Growth
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Portugal Machine Learning startups

Integrated logistics company and global leader in container shipping.

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Investment focus

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

Investor stats

  • Total investments: 84
  • Round size: Seed $1.3M–$4.8M; Series A $10M–$22M; Series B $10M–$115M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Nabu — Connecting shipping data to logistics tools.
  • WasteFuel — WasteFuel produces renewable fuels using proven technologies to address the climate emergency and revolutionize mobility.
  • Clockwork Logistics Systems — Intelligent Delivery Automation for the Global Supply Chain - Clockwork digitizes processes and extend existing systems into the people who do work to deliver goods across the global supply chain through a software only digital platform.
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Investo
VC Fund · Mexico City, Distrito Federal, Mexico · 1 investments in Portugal Machine Learning startups

Lovable Generated Project

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Investment focus

  • Industry: E-Commerce, Internet, Financial Services
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Mexico, Chile

Investor stats

  • Total investments: 66
  • Round size: Seed $125k–$5M; Pre-Seed $120k–$1.5M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $100k in 2012

Portfolio highlights

  • Cuéntame — Cuéntame develops tools designed for employees' emotional wellbeing.
  • Holacasa — Holacasa te ayuda a conseguir tu hipoteca, comparando +11 bancos. Sin costo ni compromiso.
  • Cometa — Cometa provides technological and financial tools to increase access to quality education in Mexico and Latin America. Take off with the most recent developments in school administration. Maintain complete control over your reconciliation, billing, and operations.
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J12
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Portugal Machine Learning startups

J12 is a thesis-driven venture capital firm partnering early with technical founders across Europe to build category-defining data and AI companies across infrastructure, tooling, and domain-specific applications

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Seed $1.5M–$7.6M; Pre-Seed $1.2M–$1.7M; Series A $5.8M–$30M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • VALIDIO — Real-time data validation and data quality monitoring for modern data teams. Abstracting complexity away from data engineering.
  • Camphouse — Mediatool is the all-in-one planning, execution, tracking and reporting tool for media and marketing campaigns. Increase productivity with streamlined delivery and better collaboration across all your marketing activities. Grow revenue with confidence, using real-time performance data to optimise investment.Hundreds of tangible benefits, onebetter way of working. Forget spreadsheets and get to know Mediatool.
  • Galdera Labs — Disposable financial models cost more than time. They cost context. Galdera was built for growth finance teams looking to save both.
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Future Energy Ventures
VC Fund · Essen, Nordrhein-Westfalen, Germany · 1 investments in Portugal Machine Learning startups

Future Energy Ventures is a unique venture capital fund that brings together corporate partners and world-class start-ups to shape the future energy landscape. Future Energy Ventures invests in digital and digitally enabled technologies and business models that have the potential to redefine the future energy landscape.From its operational hubsin Germany, Israel and Silicon Valley, Future Energy Ventures looks for both investments and scaling opportunities for its portfolio globally and new investment opportunities.Future Energy Ventures is the venture capital investment and collaboration platform of E.ON, one of Europe’s largest operators of energy networks and energy-related infrastructure.

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Investment focus

  • Industry: Software, Energy, Information Technology
  • Stage:Seed, Series A
  • Geography: Germany, United States, Israel

Investor stats

  • Total investments: 92
  • Round size: Seed $1.2M–$5M; Series A $4M–$27M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $293M in 2022

Portfolio highlights

  • Calipsa — Advanced video analytics for real-time security and forensic analysis. Calipsa is a cloud-based platform that uses AI to extract operational intelligence from video systems.
  • GridCARE — GridCARE is the essential one-stop power solution for AI data centers, delivering energy security and resilience at unprecedented speed.
  • Solarize — Solarize provides SaaS for energy production, distribution and billing for commercial microgrids.
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Rob Emrich
Angel · Los Angeles, California, United States · 1 investments in Portugal Machine Learning startups

Rob Emrich - Founder & CEO @ The Mobile Majority

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Investment focus

  • Industry: Software, Internet, Computer
  • Stage:Seed, Debt Financing
  • Geography: United States, Portugal

Investor stats

  • Total investments: 10
  • Round size: Seed $650k–$1.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Unbabel — Unbabel offers multilingual translation services in more than 30 languages to enhance your customer service experiences. Learn more about our language operation solutions!
  • MotionSavvy — DropCatch.com helps you secure expiring domain names.
  • CoolChip Technologies — CoolChip Technologies, Inc. | 424 followers on LinkedIn. CoolChip Technologies, Inc. is the worldwide leader in Kinetic CoolingTM, a new product category based on disruptive technology that is transforming the electronics cooling industry. Solutions Powered by Kinetic CoolingTM offer unprecedented performance across acoustics, form factor, and cooling. By partnering with CoolChip, consumer electronics and enterprise manufacturers have the opportunity to unleash innovation and deliver next-generation products for their customers.
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CORFO
VC Fund · Santiago, Region Metropolitana, Chile · 1 investments in Portugal Machine Learning startups

CORFO is an executing agency of government policy in the field of entrepreneurship and innovation, through tools and instruments compatible with the central tendencies of a social market economy, creating the conditions to achieve building a society of opportunities.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Chile, Argentina, Peru

Investor stats

  • Total investments: 111
  • Round size: Seed $20k–$120k; Grant $20k–$162k; Pre-Seed $19k–$280k
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Candel Medical Company — Candel combines conventional therapy with neuromodulation techniques and offers personalized remote therapy through a neurorehabilitation device (tES) and a multi-device mobile application. The devices are plug&play, have real time monitoring, and the possibility of remote access by professionals to follow up the therapy in their patients.
  • Califix Compliance — Califix Compliance is a SaaS platform that automates contractor audits for industries like mining, energy, and the environment. By aggregating financial, legal, and regulatory data in real time, Califix reduces compliance processes from months to seconds, enabling sustainable operations and helping companies avoid risks, fines, and operationaldelays.
  • DataRoot
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Bright Pixel Capital
VC Fund · Maia, Porto, Portugal · 1 investments in Portugal Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 96
  • Round size: Seed $1.1M–$7.3M; Series A $5.4M–$16M; Series B $15M–$35M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • EatTasty — Fresh food delivery service in Lisbon. Easy to choose and order. Free delivery. Discover our delicious lunches and dinners!
  • Bria — Bria is a Computer Software company.
  • Mesh Security — Mesh Security is the industry’s first complete Zero Trust Posture Management (ZTPM) SaaS platform, a single source of truth that enables companies to implement a unified Zero Trust Architecture on top of their existing stack. Without using agents, Mesh effortlessly and seamlessly maps a company’s entire cloud XaaS estate in minutes, providing fullcontextual visibility, control, and protection of the Everywhere Enterprise.
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Forestay Capital
VC Fund · Genève, Geneve, Switzerland · 1 investments in Portugal Machine Learning startups, 6 in the past 12 months

Forestay Capital is dedicated to investing in the tech sector and reflects Waypoint’s focus on innovative, forward-looking industries in which it can leverage its entrepreneurial heritage and long-track record in helping businesses to realize their ambitions for growth. It is passionate about technologies that transform conventional models withsoftware and data to make an impact on business, practices, and people. It invests in revenue-generating technology companies in Europe, Israel, and in the US, and favors software and data-driven businesses that challenge established models.Forestay Capital was founded in 2017 and is headquartered in Geneve, Switzerland.

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Series A $12M–$28M; Series B $2M–$49M; Series C $7M–$110M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Convelio — Convelio is a global logistics startup specialized in bulky, fragile and high-value items.
  • Pivot — Pivot operates as a fintech company.
  • Fonoa — Manage your sales tax, VAT, and GST obligations seamlessly through our API, globally. For internet businesses around the world, we make taxes simple, automated, borderless, and accessible via our API.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Wefunder
VC Fund · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Wefunder is a crowd investing platform that offers capital raising services. The company's online platform offers investment services to startups through its investors' userbase and disruptive companies can receive amount as small as hundred dollars, enabling companies to grow and develop their businesses.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Pre-Seed, Equity Crowdfunding
  • Geography: United States, Kenya, France

Investor stats

  • Total investments: 88
  • Round size: Seed $200k–$2.7M; Pre-Seed $89k–$1.5M; Equity Crowdfunding $51k–$1M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $25k in 2022

Portfolio highlights

  • Kombuchery — Establish the leading health and lifestyle brand in the beverage industry. We aim to establish a socially-responsible, healthier, and more affordable alternative to conventional beverages in the market, while disrupting the traditional beverage value chain by leveraging direct-to-consumer subscription and digital marketing channels.
  • Trace
  • Firesale — Firesale is an AI-powered resale marketplace built for people with too much stuff and zero time. Sellers record a 2-second video, and Firesale’s AI instantly generates the title, description, photos, and price. No typing, no pricing games, no endless messages — just tap, record, and sell. Designed to feel like a digital yard sale, Firesale makes iteffortless to turn clutter into cash locally, with Uber-powered pickup and delivery options.
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Terrence Rohan
Angel · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Terrence Rohan is a seed investor and the Managing Director of Otherwise. Terrence's seed investments include Figma, Front, Notion, Hugging Face, Granola, Vanta, and Robinhood, among others. Forbes has ranked him as part of the Midas Brink list, and Business Insider has named him one of the top seed investors.Terrence was at Index Venturesfor seven years. While at Index, he co-created and eventually led Index’s first Seed Fund and then incubated the firm’s inaugural Founder-Angel Fund, which he served as General Partner and Co-Founder. He launched Otherwise, a novel Founder-Angel Fund inspired by the one he created for Index.Before becoming an investor, Terrence held various roles in product marketing and development at Google and YouTube.Terrence holds an MS in Management from Stanford University's Graduate School of Business, an MS in Philosophy from The London School of Economics and Political Science, and a BA in Philosophy from Colgate University.

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Investment focus

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

Investor stats

  • Total investments: 75
  • Round size: Seed $1.9M–$14M; Pre-Seed $1.8M–$3M; Series A $3M–$28M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Interfere — The self-healing layer of the internet
  • The Clearing Company — The Clearing Company is an on-chain prediction market that aims to build an on-chain, permissionless prediction market that is compliant with regulatory standards and friendly to retail users.
  • The Sentience Company — Sentience is building personal AI that thinks, remembers, and acts like you. The company creates high-fidelity digital simulations that capture an individual’s knowledge, voice, and context across their tools, enabling AI that users own and shape over time. Rather than relying on generic systems trained on everyone, Sentience is focused onempowering individuals with AI that reflects their distinct judgment and identity.
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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Portugal Machine Learning startups

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Grant, Pre-Seed
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 74
  • Round size: Grant $27k–$2.2M; Pre-Seed $44k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Losanje — Losanje has a brand and an upcycling workshop that gives second-hand and unsold completed apparel and textiles a second life. Its goal is to create an innovative manufacturing chain that will allow for the first time the industrialization of upcycling, as well as to implement the most credible solution, both ecologically and economically.
  • PulmoBiomed — PulmoBioMed Ltd develops innovative breath-based sampling, enabling rapid, non-invasive detection of respiratory diseases for improved global healthcare.
  • noc™ — The world's simplest video chat app: Improves mental health and boosts innovation. It's a secure, cost effective and peer-to-peer telecoms solution for everyone.
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Errol Damelin
Angel · London, England, United Kingdom · 1 investments in Portugal Machine Learning startups

Errol Damelin is the founder of Dust Road Ventures, a seed-stage investment firm investing in fintech, AI, health-tech, and enterprise software. He has made over 75 investments since 2011, almost all as first or second cheques. Before investing full-time he built three companies — Supply Chain Connect, Wonga, and Tide. Portfolio includes Wise(invested pre-revenue), Purplebricks (first investor), HiBob, K Health, Cleo AI, Earnin, Elliptic, Cazoo, Citymapper, YuLife, and Zoe. TechCrunch Founder of the Year (2010). Based in London. Originally from Klerksdorp, South Africa.Among the companies co-founded by Damelin are groundbreaking fintech company Wonga, and SME banking startup Tide. His early investments include Wise, Cazoo, Purplebricks, K Health, YuLife, Sure, Demyst, Zoe, Farewill, CityMapper, Modifi, UnBabel, Thimble, HiBob, Modifi, Elliptic, Lendingkart, and VivaReal. Using his own personal equity, Damelin continues to invest early on in the next generation of entrepreneurs so that he can help them succeed. He is not an institutional VC fund and does not maximize the assets under his management. He best describes his approach as Riding Shotgun.Damelin's success as a founder has been recognized by The Guardian, which named him Digital Entrepreneur of the Year in 2011; by Ernst and Young, which named him the UK's Entrepreneur of the Year in 2011 as well; and by TechCrunch, which named him Founder of the Year in 2010.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Israel

Investor stats

  • Total investments: 48
  • Round size: Seed $535k–$7.5M; Pre-Seed $668k–$3.8M; Series A $3.7M–$47M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Claimer — Claimer is a self-service application that gets credit claims done easily of money spent on research and development. Its platform empowers company owners and advisors to prepare their claims, without any specialist knowledge, no matter how big or small the claim. It also prepares and submits the amended tax return for free.Claimer was founded in2019 by Adam McCann and is headquartered in Croydon, United Kingdom.
  • Aurora — The Operating System for High Performance Living
  • OurRitual — Couple Goals Made Possible. Relationship Support For Busy People, Practical Tools & Expert Feedback
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Adeyemi Ajao
Angel · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Adeyemi (“Ade”) is the Co-founder and Managing Partner of Base10 Partners. Before Base10, Ade had a successful career as an entrepreneur and investor.Ade was the co-founder and CEO of Tuenti (The “Spanish Facebook” which was acquired by Telefonica in 2010 for $100M), co-founder and CEO of Identified (“AI for HR” acquired by Workday in 2014) and afounding investor of Cabify (the largest ridesharing company in Latin America currently valued at over $1B). While at Workday, Ade led launch to Workday Ventures, the first fund focused on Applied AI for Enterprise Software and was VP of Technology Strategy.Ade is originally from Spain and half Nigerian. He holds an MBA from Stanford’s Graduate School of Business. He also holds a J.D. in Law and a M.S in Economics from Icade University in Spain and studied a certificate on Machine Learning at Stanford.

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: United States, Spain, Chile

Investor stats

  • Total investments: 52
  • Round size: Seed $770k–$6M; Series A $5.2M–$30M; Series B $3.6M–$50M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Dropbox DocSend — Try our secure document sharing platform for free. Instantly know when documents are opened & what pages are read. Easy-to-use eSignatures.
  • StockGro — Get expert stock market insights from SEBI-Registered Analysts on StockGro. Make informed investments with trusted advice. Join Today!
  • Job&Talent — Find and manage your workforce with AI-driven hiring, scheduling, and performance tools designed to increase productivity by up to 30%.
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Armilar Venture Partners
VC Fund · Lisboa, Lisboa, Portugal · 1 investments in Portugal Machine Learning 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: 105
  • Round size: Seed $500k–$4.8M; Series A $4M–$17M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $53M in 2019

Portfolio highlights

  • Airflows — Airflows is a platform offering private AI solutions for back-office operations, enabling the creation of applications, workflows, and agent assistants from documents, rules, and approvals while maintaining full control, auditability, and integration with existing systems like ERP, ECM, and BPM.
  • 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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SHIFT Invest
VC Fund · Amstelveen, Noord-Holland, The Netherlands · 1 investments in Portugal Machine Learning startups

SHIFT Invest is a Dutch venture capital fund that invests in early stage environmental impact startups

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Investment focus

  • Industry: Biotechnology, Software, Manufacturing
  • Stage:Seed, Series A, Series B
  • Geography: The Netherlands, France, Germany

Investor stats

  • Total investments: 55
  • Round size: Seed $549k–$6.5M; Series A $3.5M–$9.9M; Series B $2.6M–$18M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $129M in 2020

Portfolio highlights

  • Foamlab — FoamLab specializes in high-performance, bio-based foams made from bacterial nanocellulose and develops a new class of sustainable foams made from bacterial cellulose, a natural and renewable material grown through fermentation.
  • Vertoro — Vertoro transforms woody and agricultural residues into a wide range of bio-based chemicals, materials, and fuels.
  • foodforecast — AI supported solution to reduce food waste.
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David Peterson
Angel · New Haven, Connecticut, United States · 1 investments in Portugal Machine Learning startups

David Peterson is a entrepreneur, turned intrapreneur, former music executive, and adviser, to now serving as the Chief Operating Officer of WordAgents, again back to founder at WaysToCashFlow, Record Labelless, and co-founding the podcast We Tried, We Failed

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Investment focus

  • Industry: Internet, Medical, Software
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, India, Portugal

Investor stats

  • Total investments: 7
  • Round size: Seed $1.5M–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Commsor — Commsor is the world's only full-stack company, providing Community-Led companies with the software, resources, and education to unlock the full power of community.
  • Aqua Voice — Aqua is a voice-controlled text editor. It employs a fusion Audio+LLM architecture to transcribe what you meant rather than exactly what you said.
  • Entourage AI — Entourage AI operates in the HealthTech sector, focusing on longevity and health span through AI-powered proteomics analysis. Its core offerings include the Proteomic Aging Clock, which compares biological age to chronological age; Organ Health analysis for specific wellness maps; and an AI Coach for tailored interventions to slow aging or preventdiseases like cancer and cardiovascular issues.
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Kevin Rose
Angel · New York, New York, United States · 1 investments in Portugal Machine Learning startups

Kevin Rose is the Co-Founder and CEO of PROOF. He previously worked at HODINKEE as a Board Of Directors. Kevin Rose attended the University of Nevada Las Vegas.

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Investment focus

  • Industry: Mobile, Internet, iOS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Germany

Investor stats

  • Total investments: 37
  • Round size: Seed $1M–$5.2M; Series A $1.4M–$18M; Series B $8.3M–$50M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • ClayStack — Multichain liquid staking platform that allows users to stake their assets, mint staking derivatives, and participate in DeFi.
  • Solana — Solana is the high performance network powering internet capital markets, payments, and crypto applications. Fast. Decentralized. Scalable. Energy efficient. Solana can power thousands of transactions per second.
  • Magic Spoon — Magic Spoon cereal is high-protein, low-sugar, keto-friendly, and gluten-free. Available in Cocoa, Frosted, Fruity, Blueberry, Peanut Butter, and Cinnamon.
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LocalGlobe
VC Fund · London, England, United Kingdom · 1 investments in Portugal Machine Learning startups

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

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

Investor stats

  • Total investments: 337
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$3.3M; Series A $3.5M–$33M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Dataform — Develop and operationalize scalable data transformations pipelines in BigQuery using SQL.
  • CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
  • Circular — Developers-focused job platform for Software Developers, DevOps, Data Science & more. Sign up now and get access to successful hiring processes in Spain, Remote.
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Vitor Crespo
Angel · Lisbon, Lisboa, Portugal · 1 investments in Portugal Machine Learning startups

Vitor Crespo is the Chief Executive Officer and Board Advisor at FastCompChem. He attended the University of Portugal (UPT) in 1993.

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Investment focus

  • Industry: Consulting, Machine Learning, Professional Services
  • Stage:Seed
  • Geography: Portugal

Investor stats

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

Portfolio highlights

  • DeepNeuronic — Transform surveillance with AI-powered computer vision. Real-time threat detection, traffic monitoring, and intelligent analytics for safer operations.
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EDP Ventures
VC Fund · 1 investments in Portugal Machine Learning startups

EDP Ventures is a venture capital investment firm.

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Investment focus

  • Industry: Energy, Software, Fuel
  • Stage:Series A
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Series A $5M–$18M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Piclo — Piclo develop software to make our electricity grids smart, flexible and sustainable.
  • Power to Hydrogen — Power to Hydrogen (P2H2) is simplifying hydrogen. Our technology enables a brighter energy future by solving the technical and economic challenges that come with producing hydrogen. Our AEM-based, electrolysis technology produces high pressure, high efficiency hydrogen from renewable energy with lower cost materials thancompeting electrolyzers. This technology can reduce the total cost of hydrogen to enable clean transportation, store energy efficiently, and decarbonize industrial processes. In addition to low-cost, high-pressure hydrogen production, the technology can produce high-pressure oxygen and be used reversibly to produce electricity. Both services can create additional revenue streams to make the total cost of hydrogen $1/kg.
  • Electrified Thermal Solutions — Electrified Thermal Solutions, Inc. is developing the Joule Hive: a new energy storage technology that converts surplus zero-carbon electricity into heat.
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Young Guo
Angel · Beijing, Beijing, China · 1 investments in Portugal Machine Learning startups

Young Guo is based out of Beijing and is the General Partner of IDG Capital Partners. Young previously worked at Soros Fund Management as a Executive management. Young Guo attended the Columbia Business School.

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Investment focus

  • Industry: Artificial Intelligence, Machine Learning, B2B
  • Stage:Seed, Series A
  • Geography: United States, Portugal

Investor stats

  • Total investments: 4
  • Round size: Seed $1.5M–$5.5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Pony.ai — Pony.ai is a startup that builds full-stack autonomous driving solutions. It is a pioneer in autonomous mobility technologies and services across the US and China, spearheading public-facing Robotaxi pilots in both markets. Pony.ai is committed to creating a safe and sustainable mobility future by delivering autonomous mobility everywhere.Thecompany was founded by James Peng and Tiancheng Lou in 2016 and is headquartered in Fremont, California, United States.
  • Unbabel — Unbabel offers multilingual translation services in more than 30 languages to enhance your customer service experiences. Learn more about our language operation solutions!
  • uSens — 26DOF Hand Tracking and 6DOF SLAM solutions that is changing how we interact with technology, and bring augmented, virtual and mixed reality experiences to life.
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COREangels
VC Fund · Ílhavo, Aveiro, Portugal · 1 investments in Portugal Machine Learning startups

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

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Investment focus

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

Investor stats

  • Total investments: 57
  • Round size: Seed $271k–$5.2M; Pre-Seed $150k–$1.4M; Series A $15M–$17M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Pawer — B2C insurance subscription for pet owners
  • hypt — hypt is a Swiss based SaaS marketing solution that empowers companies to digitalize word-of-mouth. By using our word-of-mouth manager companies are able to activate 40% of their customers to send out a personal recommendation to their peers increasing sales through word-of-mouth by 4 times. Our solution empowers our ICP customers in the finance andinsurance segments to strategically use and optimize the most authentic and cost effective advertising channel – word-of-mouth – and makes it an accessible asset of every marketing mix.
  • Ex Nunc Intelligence — Ex Nunc Intelligence provides professionals with thorough summaries of legal information, credible responses to legal issues, and automated legal document preparation features.
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Raymond Tonsing
Angel · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Raymond Tonsing is a San Francisco based venture capitalist and entrepreneur. He founded Caffeinated Capital, an early stage venture capital firm, and now serves as its managing director. Raymond holds a bachelor's degree in Arts from University of Colorado Boulder.

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Investment focus

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

Investor stats

  • Total investments: 115
  • Round size: Seed $1M–$11M; Series A $4.5M–$38M; Series B $20M–$115M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Basis — Basis protocol is designed to expand and contract supply similarly to the way central banks buy and sell fiscal debt to stabilize purchasing power. For this reason, we refer to Basis as having an algorithmic central bank.
  • Friend — Your new roommate is waiting.
  • Blowfish — Blowfish makes it easy to identify & stop fraud before it happens. Join the leading wallets protecting their users funds with the blowfish security engine
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Elad Gil
Angel · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Elad Gil is the Co-Founder of Color Genomics. He previously worked at Twitter as a Vice President. Elad Gil attended the Massachusetts Institute of Technology.

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Investment focus

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

Investor stats

  • Total investments: 252
  • Round size: Seed $1.6M–$20M; Series A $9.5M–$50M; Series B $28M–$117M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • NavigateAI — NavigateAI is an AI copilot for the physical world specifically designed for construction and field service teams to help them complete projects faster, with higher quality, and at lower costs.
  • Harvey — Harvey is an artificial intelligence technology service provider.
  • Socket — Socket fights vulnerabilities and provides visibility, defense-in-depth, and proactive supply chain protection for JavaScript, Python, and Go dependencies.
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Workday Ventures
VC Fund · San Francisco, California, United States · 1 investments in Portugal Machine Learning startups

Workday Ventures helps accelerate innovation by connecting next-generation enterprise technology companies with Workday, customers, and the broader community. Learn more

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Investment focus

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

Investor stats

  • Total investments: 99
  • Round size: Series A $7.3M–$55M; Series B $20M–$50M; Series C $30M–$200M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $250M in 2018

Portfolio highlights

  • Pulsora — Use Pulsora to centralize and automate ESG metrics collection, measure carbon emissions, prepare reports and disclosures, and track performance.
  • Scoop — Thrive in a hybrid work environment with Scoop's solutions for Workplace Safety, Workplace Utilization, Team Coordination, Desk Management, and Commute.
  • Straiker — Security for agentic AI applications built from the ground up with fine-tuned models to protect and secure every layer of your agentic AI stack.
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Klau von Sayn-Wittgenstein
Angel · Pacific Palisades, California, United States · 1 investments in Portugal Machine Learning startups

Klau von Sayn-Wittgenstein

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Investment focus

  • Industry: Artificial Intelligence, B2B, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Portugal

Investor stats

  • Total investments: 7
  • Round size: Seed $590k–$2.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BabylonAI — BabylonAI enables computer vision teams to log image and prediction data from edge devices and monitor the performance of their models.
  • Cekura AI — Cekura AI is an AI based Software Development firm offering Developer Tool to observe and test AI voice agents.
  • Framed Data — Here is an exclusive deal for Mattermark subscribers.
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REDangels
VC Fund · Aveiro, Aveiro, Portugal · 1 investments in Portugal Machine Learning 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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Superlyst Ventures
VC Fund · Munich, Bayern, Germany · 1 investments in Portugal Machine Learning startups

Superlyst Ventures is a seed-stage investment collective, backed by an ecosystem of successful entrepreneurs.

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Investment focus

  • Industry: Software, Privacy, Computer
  • Stage:Seed, Pre-Seed
  • Geography: Germany, Portugal

Investor stats

  • Total investments: 3
  • Round size: Seed $1.4M–$4.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kertos — Kertos is a software company that develops and provides a holistic privacy platform in Europe, implementing automation and execution in a highly regulated environment focusing on the operational needs for all stakeholders involved. With their focus on product, integration, and automation they enable businesses to scale, to adopt and to maneuver inmodern tech environments with only a fraction of the current workload. They drive consumer engagement and help companies to interact with their customers in sensitive matters.
  • 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.
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Machine Learning Investor funding in Portugal at a glance

Stats across 54 deals from 99 investors.

99
investors
in Portugal Machine Learning startups
54
deals
in Portugal Machine Learning startups
$1.5M
median round
in Portugal Machine Learning startups
25%
lead investors
lead at least one round
46%
Seed
most common funding stage
82/18
VC / Angel
share of investor count

Access all 99 investors in Portugal Machine Learning startups.

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