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Top 40 Machine Learning VC Funds & Investors in Portugal (June 2026)

The most active venture capital funds 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
8 Portugal, United States, France Seed, Pre-Seed Software, Information Technology, Health Care $110k–$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–$16M
Caixa Capital
VC Fund
5 Portugal, United States, Spain Seed, Series A Software, Information Technology, SaaS $120k–$12M
GED Ventures Portugal
VC Fund
2 Portugal Seed Hospital, Consulting, Health Care $1.6M–$2.3M
Grupo Lusiaves service
VC Fund
2 Sweden, Portugal Seed, Post-IPO Equity Computer, Consumer, Software $81k–$330k
Crane Venture Partners
VC Fund
2 United Kingdom, United States, Germany Seed, Series A Software, Information Technology, Artificial Intelligence $2.7M–$37M
TheVentureCity
VC Fund
2 United States, Spain, Brazil Seed, Pre-Seed, Series A Software, SaaS, Information Technology $100k–$45M
University of Beira Interior
VC Fund
1 Portugal Seed Consulting, Machine Learning, Professional Services
Conexo Ventures
VC Fund
1 Spain, Mexico, Portugal Seed, Series A FinTech, Software, SaaS $1M–$25M
Bewater Funds
VC Fund
1 Spain, Colombia, Portugal Seed, Secondary Market Software, SaaS, Machine Learning $24k–$2.1M
European regional development fund (ERDF)
VC Fund
1 United Kingdom, Germany, France Grant, Pre-Seed Software, Information Technology, Biotechnology $27k–$2.2M
Sonae
VC Fund
1 Portugal Seed SaaS, Software, Analytics
Wefunder
VC Fund
1 United States, Kenya, France Seed, Pre-Seed, Equity Crowdfunding Software, SaaS, E-Commerce $51k–$2.7M
Draper Associates
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B Software, FinTech, Information Technology $1M–$50M
LC Ventures
VC Fund
1 Portugal, China, Poland Seed, Pre-Seed, Series D Information Technology, Artificial Intelligence, SaaS $11k–$4.9M
CORFO
VC Fund
1 Chile, Argentina, Peru Seed, Grant, Pre-Seed Software, Information Technology, SaaS $16k–$266k
Notion Capital
VC Fund
1 United Kingdom, United States, Germany Series A, Seed, Series B Software, Information Technology, SaaS $1M–$60M
LocalGlobe
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$30M
Armilar Venture Partners
VC Fund
1 Portugal, United States, United Kingdom Seed, Series A Software, Information Technology, Artificial Intelligence $500k–$16M
Gorilla Capital
VC Fund
1 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, SaaS, Information Technology $149k–$5.5M
M4 Ventures
VC Fund
1 Portugal, United Kingdom, United Arab Emirates Seed FinTech, Payments, Mobile Payments
Dispatch Ventures
VC Fund
1 Canada, United States, Nigeria Seed, Pre-Seed, Series A Software, Internet, Financial Services $125k–$18M
EDP Ventures
VC Fund
1 Portugal Series A SaaS, Energy, Internet $5.5M–$18M
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
SHIFT Invest
VC Fund
1 The Netherlands, Germany, United States Seed, Series A, Series B Biotechnology, Manufacturing, Information Technology $938k–$19M
Novabase Capital
VC Fund
1 Portugal, United States Seed, Pre-Seed Software, Information Technology, Analytics $576k–$3M
Workday Ventures
VC Fund
1 United States, Canada, United Kingdom Series B, Series A Software, SaaS, Artificial Intelligence $7.3M–$50M
WISENEXT
VC Fund
1 Portugal, United States Seed, Pre-Seed Software, SaaS, Internet $165k–$1.6M
Forestay Capital
VC Fund
1 Switzerland, United States, Germany Series B, Series C, Series A Software, Information Technology, Machine Learning $2M–$86M
Bright Pixel (formerly Sonae IM)
VC Fund
1 United States, Portugal, Spain Series A, Series B, Seed Software, Information Technology, SaaS $1.1M–$35M
European Institute of Innovation and Technology
VC Fund
1 Portugal, France, Sweden Grant, Pre-Seed Information Technology, Software, Artificial Intelligence $75k–$295k
Investo
VC Fund
1 United States, Mexico, Chile Seed, Pre-Seed, Angel E-Commerce, Internet, Software $120k–$4.4M
Maersk Growth
VC Fund
1 United States, United Kingdom, Denmark Series A, Seed, Series B Logistics, Supply Chain Management, Software $1.3M–$115M
Future Energy Ventures
VC Fund
1 Germany, United States, Israel Seed, Series A Software, Energy, Information Technology $1.2M–$27M
Augusta Investments
VC Fund
1 United States, Spain, Brazil Seed, Series A, Series B Software, Mobile, SaaS $770k–$45M
J12
VC Fund
1 Sweden, Germany, Norway Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $420k–$64M
Rock International Group
VC Fund
1 Portugal Series A Energy, Machine Learning, Artificial Intelligence
COREangels
VC Fund
1 Spain, Portugal, United Kingdom Seed, Pre-Seed, Angel Software, E-Commerce, Information Technology $159k–$5.3M
Access all 64 VC funds 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 · 8 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: 225
  • Round size: Seed $110k–$2.1M; Pre-Seed $110k–$658k
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2011

Portfolio highlights

  • PLUTOS — We are here to make sure that your Puppy gets the best treat! PLUTOS were created specifically for dogs to have fun. Find out our dog healthy chews.
  • SCUBIC — SCUBIC is a developer of a cloud-based analytics platform. They were designed to help water utilities and industries improve the management of water supply systems. They combine water management, energy efficiency techniques, data science, hydraulics, and software engineering in order to deliver impactful solutions that improve systems andprocesses. They are specialized services that account for the energy usage in homes, service buildings, or industrial plants.
  • KeepIt Energy — KeepIt - KeepIt will place an energy storage technology on the market and thus contribute to a successful energy transition. This technology, which can potentially be used in different market segments, from home solar systems in developing countries to grid support in developed countries, will make an important contribution to harmonisingproduction and consumption in a world that runs on electricity produced entirely from renewable sources. KeepIt is a spin-off from the Faculty of Sciences of the University of Lisbon, stemming from the doctoral work in which its founding partners were involved.
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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: 82
  • Round size: Seed $549k–$5.5M; Pre-Seed $34k–$3.8M; Series A $5M–$25M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Vyoma GmbH — Vyoma ensures satellite safety and real-time mapping of space objects with cameras on satellites paired with automation services.
  • Apres — Apres is a distributed learning engine built to enable high-performance, user-friendly AI for the world.
  • RESONIKS — It's data that drives resilient and sustainable supply chains. Implement SUPPLYZ solutions to gather real-time inventory data for your products and materials and use this data to automate your processes, offer new services and prevent supply chain disruptions. SUPPLYZ can be implemented for both industrial and consumer applications
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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: 79
  • Round size: Seed $603k–$5M; Pre-Seed $208k–$3M; Series A $2.4M–$16M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Manie
  • Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
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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, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Portugal, United States, Spain

Investor stats

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

Portfolio highlights

  • Veniam — Transfer 10x more data for your video telematics, fleet operations, industrial IoT or connected vehicles.
  • Noxus — At Spot, we're crafting the operating system for tomorrow's workforce, harnessing AI to streamline influencer marketing. Our platform empowers agencies, businesses, and content creators to collaborate effectively and reach audiences with ease.
  • Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
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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: Hospital, Consulting, Health Care
  • Stage:Seed
  • Geography: Portugal

Investor stats

  • Total investments: 8
  • Round size: Seed $1.6M–$2.3M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • 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
  • Indie Campers — Indie Campers offers adventurers the opportunity to start their journey in one location and end it in any of our other depots, while delivering an outstanding customer service for a unique and unforgettable experience.
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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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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: 119
  • Round size: Seed $2.7M–$8M; Series A $8M–$37M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Ona — Your mission control for software projects & software engineering agents. Keep momentum on any device with sandboxed dev environments in our cloud or your VPC.
  • Ardent AI
  • ConfigHub Inc. — ConfigHub will unify and centralize software infrastructure configuration in a way that existing tools do not.
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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–$4.5M; 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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University of Beira Interior
VC Fund · Covilhã, Castelo Branco, Portugal · 1 investments in Portugal Machine Learning startups

The University of Beira Interior's mission is to "promote the highest level of qualification, production, transmission, review and dissemination of knowledge, culture, science and technology, through study, teaching and research.

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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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Conexo Ventures
VC Fund · Madrid, Madrid, Spain · 1 investments in Portugal Machine Learning startups

We invest in exceptional individuals with the passion for solving hard challenges and bringing disruptive innovation to high growth markets.

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Investment focus

  • Industry: FinTech, Software, SaaS
  • Stage:Seed, Series A
  • Geography: Spain, Mexico, Portugal

Investor stats

  • Total investments: 32
  • Round size: Seed $1M–$7.7M; Series A $2.7M–$25M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Buildpeer — Buildpeer is a project management software for construction fields. The company was founded by Mauricio Valdes in 2021 and is headquartered in Garza García, Nuevo Leon, Mexico.
  • Hotelverse — Hotelverse allows customers search over hotels on their platform and book rooms as per their requirements.
  • Savana — Electronic Health Records reuse, with Clinical Natural Language Processing.
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Access 48,091 investors

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

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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: 18
  • Round size: Seed $291k–$2.1M; Secondary Market $24k–$281k
  • Lead/follow: 72% lead, 28% follow

Portfolio highlights

  • Okify — Okify is a proptech startup that is revolutionizing the move-in process in the real estate industry. We provide customers with a platform where they can create their solvency profile and manage all home services and payments, making the process of moving much easier and faster, while providing security that payments and services are up to date toagents and landlords.
  • Pekata — Permite a tus empleados que personalicen sus lotes de Navidad y que sean memorables.
  • Lico Cosmetics — Lico Cosmetics is a chemical engineer specializing in formulation and high-end cosmetics, supported by women entrepreneurs, specialists in the sector, and passionate about the eco-beauty world.
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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.
  • Knock Technology — 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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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, Software, Analytics
  • Stage:Seed
  • Geography: Portugal

Investor stats

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

Portfolio highlights

  • 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.
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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: 84
  • Round size: Seed $200k–$2.7M; Pre-Seed $89k–$1M; 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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Draper Associates
VC Fund · San Mateo, California, United States · 1 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: 361
  • Round size: Seed $1M–$8.5M; Series A $2.3M–$21M; Series B $5M–$50M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • MightyFly — MightyFly is enabling worldwide access to goods with fast, on-demand delivery services for businesses and consumers. We’re putting the infrastructure in place to connect remote locations together with long range, heavy cargo aircraft. Many areas in the world today suffer from an inability to obtain critical and often urgently needed goods andsupplies at an affordable cost. Our goal at MightyFly is to solve this problem through express, customized aerial drone delivery services. MightyFly drones will transport cargo to multiple locations in a single flight across hundreds of miles of remote terrain that is difficult if not impossible to cross with trucks or other ground vehicles. We are developing vertical-takeoff-and-landing (VTOL) drones that fly more than 300 miles, and carry payloads in excess of 50 pounds at a fraction of the cost of helicopters. Featuring automated cargo loading and unloading, and requiring no launch or recovery infrastructure, MightyFly drones will accommodate ad-hoc deliveries to undeveloped sites as well as servicing locations along established routes.
  • Gradescope — Grade your existing paper-based assignments in half the time and see exactly what your students learned, for free.
  • Autolane — Autolane creates the operating system for curbside autonomy, which uses cutting-edge hardware and SaaS infrastructure to authenticate, park, load, and dispatch ride-hail and delivery trucks without the need for human interaction.
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LC Ventures
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Machine Learning startups

We’re an early stage European venture capital firm partnering with globally minded founders.We’re supportive, founder focused, and aim to work together with you as a close and collaborative team of independent thinkers. Along with the support of our entire network, each member of our team brings their own personal experience to the table. Thefirst ticket is up to 200K€ and the total investment in a given startup can be up to 1M€.We decide investments quickly, allowing the founders to get back focusing on growing the business. Our team and network of international mentors help young startups to scale quickly and to prepare for the next rounds.Our partners have been investing in tech-based startups since 2000 and have a portfolio of more than 100 companies in the USA, Brazil, The Netherlands, Spain and Portugal.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series D
  • Geography: Portugal, China, Poland

Investor stats

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

Portfolio highlights

  • Cleanwatts — We simplify, amplify and accelerate energy decarbonization for companies and communities around the world. Our clients call upon us to improve their energy efficiency performance and to increase their access to affordable clean energy. Join Cleanwatts today.
  • Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
  • Brands&Ninjas — SaaS to control the performance of physical marketing campaigns on retail.
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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, Information Technology, SaaS
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Chile, Argentina, Peru

Investor stats

  • Total investments: 98
  • Round size: Seed $20k–$120k; Grant $16k–$82k; Pre-Seed $19k–$266k
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Mywacc — We are a fintech that offers valuation services to provide start-ups and small businesses with accurate, reliable, and affordable financial valuations (leveraged in AI), as well as access to capital and additional services that could help them make better financial decisions and improve their chances of success. Funded by Corfo Chile. Partnershipfrom UDD Ventures. Part of Microsoft for Startups Founders Hub
  • Audibots — Otro sitio de WordPress
  • Remote Waters — Remote Waters provide water purification systems with low O&M and fast installation for remote communities with limited access to potable water.
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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: 260
  • Round size: Seed $1M–$6.5M; Series A $4.5M–$25M; Series B $7.5M–$60M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Apperio — Apperio’s legal spend management software provides real-time visibility to help control and optimise your external spend with law firms. Data is gathered automatically, structured consistently and presented simply for analysis to help you make informed business decisions. Our unique approach of connecting directly with law firms’ practicemanagement systems provides ongoing and historical data at the touch of a button. This gives you complete cost certainty on both billed matters and work-in-progress legal fees. Apperio helps in-house teams to stay in control of their legal spend and build trust with external counsel by offering a collaborative, rather than adversarial approach to legal spend management.
  • HeyJobs — Intelligent recruiting | more hires with performance marketing | only qualified candidates | fast recruiting success | over 1,500 companies use HeyJobs to find employees
  • Connecty AI — Connecty AI is a contextual intelligence platform for vast data. It leverages Gen AI for an integrated solution for enterprise-specific context building, data prep and trusted insights, saving 100s of hours for data teams.
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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: 325
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$3.5M; Series A $3.5M–$30M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Pixaera — Scalable standardized learning simulations that work straight out of the box and outperform anything in the safety market. Simulations are playable on PC/ Wireless VR/soon mobile and are deployed via an integrated LMS that helps manage and measure users.
  • Wefarm — Wefarm is a farmer-to-farmer digital network that enables farmers to share information via SMS. The company allows small-scale farmers to connect with one another to solve problems, share ideas, and spread innovation. Utilizing the latest machine learning technology, Wefarm’s service works both online and over SMS.Since its founding in 2015,Wefarm has been named one of Africa’s Most Innovative Companies by FastCompany and has won Google’s Impact Challenge Award, TechCrunch’s Europas-Tech for Good Award, and the European Union Commission’s Ideas from Europe prize, among others. The company is headquartered in London with a field presence in Nairobi, Kampala, and Dar-es-Salaam.
  • 7bridges — The smart logistics platform that uses A.I technology to transform your logistics for scalable, sustainable and profitable business growth.
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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: 101
  • Round size: Seed $500k–$4.8M; Series A $4M–$16M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $53M in 2019

Portfolio highlights

  • Equall — Equall offers legal AI systems to help companies and lawyers evaluate and control risk.
  • DOJO AI — Dojo AI is pioneering the Marketing Operating System (MOS) category, providing challenger brands with enterprise-grade marketing infrastructure. Its proprietary technology combines real-time market intelligence, specialized AI agents, and automated workflow orchestration in one unified platform.The Dojo MOS enables marketing teams to run theirentire operation - from market research and strategy to content creation and campaign execution - through a single, intelligent system. The platform features a proprietary graph engine for real-time market intelligence, marketing-specific language models, and autonomous AI agents trained for specialized marketing tasks.Built for challenger brands looking to compete more effectively, Dojo eliminates the need for multiple point solutions and reduces dependency on external agencies. The platform continuously learns and optimizes, providing companies with compounding advantages as they scale their marketing operations.
  • DareData
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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: 61
  • Round size: Seed $274k–$549k; Pre-Seed $149k–$680k; Series A $2.6M–$5.5M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • DealGuru — DealGuru is a stealth startup in a ecommerce space.
  • Upsy Company — Join Zotabet Casino today to enjoy special benefits and an amazing gaming environment with a wide range of slots!
  • Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
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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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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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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: SaaS, Energy, Internet
  • Stage:Series A
  • Geography: Portugal

Investor stats

  • Total investments: 5
  • Round size: Series A $5.5M–$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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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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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, Manufacturing, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: The Netherlands, Germany, United States

Investor stats

  • Total investments: 49
  • Round size: Seed $938k–$6M; Series A $3.5M–$9.9M; Series B $2.6M–$19M
  • Lead/follow: 39% lead, 61% 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.
  • foodforecast — AI supported solution to reduce food waste.
  • Scope Biosciences — Scope Biosciences is developing a CRISPR-Cas based diagnostic platform for rapid point of care diagnostic solutions.
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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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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
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 94
  • Round size: Series A $7.3M–$35M; Series B $20M–$50M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $250M in 2018

Portfolio highlights

  • Vanta — Vanta automates the complex and time-consuming process of SOC 2, HIPAA, ISO 27001, PCI, and GDPR compliance certification. Automate your security monitoring in weeks instead of months.
  • Reco — SaaS Security Leverage Reco's context analysis to streamline SaaS security, minimize data and identity risk, and automate remediation
  • Veza — Veza is the identity security company that enables organizations to understand, manage and control who can and should take what action on what data.
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WISENEXT
VC Fund · Lisboa, Lisboa, Portugal · 1 investments in Portugal Machine Learning startups

WiseNext is a venture and smart capital investment company. We focus on helping young entrepreneurs with innovative ideas that have an impact on our society, providing capital, knowledge and networking.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $478k–$1.6M; Pre-Seed $165k–$1.1M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • pleez — Pleez offers Restaurant's an optimisation of their menu within Delivery Platforms, so that they can have a revenue increase up to 25%.
  • Volup — Volup is a premium food delivery app that partners exclusively with top-tier chefs and restaurants.
  • Relive — Relive is empowering the next generation of real estate entrepreneurs, with a mobile app that allows them to work for themselves, from anywhere, while saving time and earning commissions faster.
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Forestay Capital
VC Fund · Genève, Geneve, Switzerland · 1 investments in Portugal Machine Learning startups

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, Machine Learning
  • Stage:Series B, Series C, Series A
  • Geography: Switzerland, United States, Germany

Investor stats

  • Total investments: 28
  • Round size: Series A $12M–$28M; Series B $2M–$68M; Series C $7M–$86M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Convelio — Convelio is a global logistics startup specialized in bulky, fragile and high-value items.
  • Buynomics — buynomics is the leading solution to optimize your product portfolio. Our clients use buynomics to optimize pricing, promotions, & portfolio architecture.
  • Neural Concept — Neural Concept is the first AI software for enhanced engineering. Leverage your historical CAD and CAE data to drastically shorten and improve your design cycles.
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Bright Pixel (formerly Sonae IM)
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, Spain

Investor stats

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

Portfolio highlights

  • EatTasty — Fresh food delivery service in Lisbon. Easy to choose and order. Free delivery. Discover our delicious lunches and dinners!
  • Encord — Encord is the multimodal data layer for physical AI. Manage, curate, annotate, and align petabytes of data - from sensor streams to video to text. Trusted by 300+ AI teams including Woven by Toyota, AXA, UiPath, Zipline, and more.
  • Tidal Cyber — Tidal Cyber helps enterprise organizations to define, measure, and improve their defenses to address the adversary behaviors that are most important to them. It also helps to assess, organize, and optimize defenses with a deep understanding of the threats.
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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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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, Software
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Mexico, Chile

Investor stats

  • Total investments: 65
  • Round size: Seed $125k–$4.4M; 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.
  • Konta — Konta offers an online accounting service for micro and small businesses in México. Their company vision is to make running a small company easy. They are helping freelancers and small entrepreneurs by implementing a cost-effective, automated online accounting service. José Menéndez and Pablo Icaza founded the company in September 2019, with itsheadquarters in Monterrey, México.
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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: 76
  • Round size: Seed $1.3M–$4.8M; Series A $11M–$22M; Series B $15M–$115M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Nabu — Connecting shipping data to logistics tools.
  • ISEE — ISEE AI has developed a better autonomous driver, designed to drive reliably in open industrial environments and navigate dynamically changing conditions.
  • Arrive Recommerce — Arrive offers a premium service powering circular commerce for major brands and retailers. The technology and reverse logistics capabilities of The Arrive Platform enables brands and retailers in any industry to integrate circular commerce - including rental and resale - directly into an existing ecommerce experience. With this unique offering,Arrive makes it possible for any company to seamlessly launch a circular channel - ultimately reaching more consumers, driving more revenue, and promoting a sustainable solution. Arrive, first launched as Arrive Outdoors, is an award-winning company and has been named the 4th Most Innovative Travel Company by Fast Company in 2020 and awarded the 2019 Outdoor Retailer of the Year by the Outdoor Retailer Association.
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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: 85
  • Round size: Seed $1.2M–$5M; Series A $4M–$27M
  • Lead/follow: 28% lead, 72% 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.
  • Reel Energy — Reel empowers all companies to procure renewable electricity that makes a real difference for the climate.
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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: 32
  • Round size: Seed $770k–$3M; Series A $2.5M–$25M; Series B $3.6M–$45M
  • Lead/follow: 0% lead, 100% 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.
  • CoverWallet — How much will my business insurance cost? What insurance coverage does my small business need? Visit CoverWallet and get a free quote in just a minute!
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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, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden, Germany, Norway

Investor stats

  • Total investments: 56
  • Round size: Seed $1.5M–$7.7M; Pre-Seed $420k–$4.4M; Series A $7M–$64M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Treyd — Working capital for fast growing brands. Order Now, Pay Suppliers Later
  • Dema.ai — First-of-its-kind AI decision platform for e-commerce
  • MVision AI — AI-powered solutions that automate repetitive tasks, enable efficient radiotherapy workflows, and promote consistency across clinical processes.
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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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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, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Spain, Portugal, United Kingdom

Investor stats

  • Total investments: 37
  • Round size: Seed $253k–$5.3M; Pre-Seed $159k–$549k
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Vartheo — Vartheo is at the forefront of transforming traditional marketing research with AI-Powered solutions.
  • Aloha — Aloha is an AI-powered all-in-one solution designed to help small hoteliers and vacation rental managers manage bookings, operations, marketing, and payments seamlessly. Our platform combines powerful tools such as Aloha Pro for property management, Aloha Pay for payment processing, Aloha Safe for guest insurance, and Aloha Store for additionalservices, all enhanced by intelligent AI agents to automate tasks, optimize revenue, and improve guest experiences. With a rapidly growing customer base and expansion into the U.S. and Latin American markets, Aloha empowers hospitality businesses to scale efficiently and deliver exceptional service.
  • HunterHero — Hunterhero combines proactive candidate sourcing with a network of autonomous recruiters to help companies find talent more effectively.
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Machine Learning VC funding in Portugal at a glance

Stats across 44 deals from 64 investors.

64
investors
in Portugal Machine Learning startups
44
deals
in Portugal Machine Learning startups
$1.5M
median round
in Portugal Machine Learning startups
30%
lead investors
lead at least one round
55%
Seed
most common funding stage

Access all 64 VC funds in Portugal Machine Learning startups.

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