Top 40 Machine Learning VC (Venture Capital) Funds in Portugal in May 2026

Portfolio highlights

• AddVolt — AddVolt is a technology based company that tackles markets where there is a high potential for diesel costs reduction through the generation of solar and kinetic energy, while other secondary savings are generated (e.g. maintenance).
• Hephaesnus — Hephaesnus is an industrial technology startup dedicated to the development of products and technologies for forest firefighting.
• Floating Particle — Floating Particle is a technology and innovation company that drives an innovative solution for waste management and clean energy. Floating Particle specializes in IoT, Big Data and Machine Learning to provide cutting-edge technology to the customers.

Portfolio highlights

• Vyoma GmbH — Vyoma ensures satellite safety and real-time mapping of space objects with cameras on satellites paired with automation services.
• Biographica — Biographica is a computational biology company that develops software tools and platforms to support genomic data analysis, interpretation, and visualization for research and clinical applications. Its solutions are designed to help scientists, clinicians, and bioinformaticians process complex genomic datasets, annotate genetic variants, andexplore biological insights through integrated workflows and interactive visualizations. The company’s platform combines data management, algorithmic analysis, and graphical interfaces to streamline tasks such as sequence alignment, variant calling, functional interpretation, and cohort comparison. Biographica’s tools support interoperability with common bioinformatics formats and pipelines, enabling users to integrate genomic workflows with existing research infrastructure. The company also provides APIs and developer tools to allow custom integration, automation, and extension of analytic capabilities within broader computational environments. Its offerings are used across life sciences research, translational projects, and precision medicine initiatives that require scalable, interpretable genomic data analysis.
• Luminate Medical — Luminate Medical is developing LILY, the world's first pain-free and portable solution to prevent hair loss caused by chemotherapy.

Portfolio highlights

• BetterPic — Forget expensive, complicated photoshoots. Get your professional headshots on the go, with 8 selfies/casual photos in less than an hour. High-quality customer service, top data privacy, and a clear money-back guarantee policy.
• Nilo — Nilo is a collaborative 3D platform that works across desktop, mobile, Discord, and Telegram. It combines generative AI with world-building tools, allowing users to generate assets, characters, animations, and code from natural language or drawings. The result: a radically simplified creation experience that lowers the barrier to entry andaccelerates how quickly new ideas can be built, tested, and shared.It’s creation at the speed of culture: whether spinning up a game inspired by today’s viral sound, turning a group chat joke into a playable world or crafting a custom hangout, Nilo transforms imagination into interaction — instantly and collaboratively.Nilo’s key features include:Text-to-3D generation: Create characters, environments, and code from prompts or images. Browser-Based: Nilo runs entirely in your browser - no installs, no downloads, no friction. Voice-enabled coding: A built-in AI-powered code editor that supports spoken commands and natural language for playful, social programming. Real-time multiplayer: Co-create and play with friends instantly.Nilo was founded in April 2024, bringing together veterans from Fortnite, Twitch, YouTube, Snapchat, Microsoft, Adobe, Blizzard, VRChat, Rec Room, and major VFX projects such as Avatar and Star Wars.
• specter automation — Construction is the second least digitized sector in the world with 96% of all data being unused. Although detailed planning data is created upfront, a lack of suitable digital tools prevents its transfer to the construction site. SPECTER’s web-based construction management software uniquely incorporates the core components of constructionplanning, reducing the organizational burden on construction management and helping to meet project timelines and budgets.

Portfolio highlights

• HiJiffy — Increase direct bookings and upselling with HiJiffy's AI-powered communication solutions for hospitality.
• 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.

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.

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.

Portfolio highlights

• Cyberhaven — DLP works for 1% of companies; fortunately there is Cyberhaven for the other 99%. Cyberhaven makes data protection simple, accurate, and comprehensive. With it's Data Detection and Response (DDR) platform, Cyberhaven automatically discovers and classifies data, provides continuous risk detection, delivers accurate blocking and incidentresponse, and improves user behavior.
• Chiral — Next-generation electronics with nanomaterials
• OLIX — OLIX designs and manufactures optical processors that use light-based circuits to accelerate artificial intelligence workloads. The company develops Optical Tensor Processing Units that execute matrix and tensor operations for training and running inference on large-scale machine learning models. Its hardware aims to increase performance and reducepower consumption relative to conventional electronic accelerators by processing data in the optical domain. Flux Computing focuses on infrastructure for generative AI and advanced neural networks, targeting data centers and organizations that require intensive model computation. The product stack centers on custom optical chips integrated with supporting electronics, control software, and tools that link into existing AI frameworks. Sales and partnerships primarily address customers building large AI clusters, research environments, and emerging applications that benefit from high-throughput, low-energy computation.

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.

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.

Portfolio highlights

• Altris — Altris is a leading developer of sodium-ion batteries, offering superior performance and sustainability. Our innovative energy storage solutions are made from abundant and renewable materials, revolutionizing the way we power the world. Discover our cutting-edge technology today.
• MODIFI — Explore digital trade finance and B2B payment solutions that empower your business to grow globally.
• C1 Green Chemicals — C1 develops climate friendly chemical production processes via computer simulation. Our first product is green methanol. Circular carbon chemistry reducing CO2.

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.
• Station A — Station A helps real estate owners and long-term tenants rapidly identify and install solar, battery, and EV charging projects.
• feld.energy — feld. energy enables farmers to produce sustainable energy without sacrificing agriculture.Agri-PV is a solution that brings benefits to all parties.

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!

Portfolio highlights

• Treyd — Working capital for fast growing brands. Order Now, Pay Suppliers Later
• VALIDIO — Real-time data validation and data quality monitoring for modern data teams. Abstracting complexity away from data engineering.
• Galdera Labs — Disposable financial models cost more than time. They cost context. Galdera was built for growth finance teams looking to save both.

Portfolio highlights

• Jungle AI — Jungle uses artificial intelligence to predict component failure, and poor performance in an advanced asset management software.

Portfolio highlights

• Scoop — Thrive in a hybrid work environment with Scoop's solutions for Workplace Safety, Workplace Utilization, Team Coordination, Desk Management, and Commute.
• StackOne — Accelerate your SaaS growth with our unified API solution for HRIS, ATS, and CRM. Say "yes" to customers, build advanced integrations quickly, and experienced the best data privacy controls in the market.
• 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.

Portfolio highlights

• Imageryst — Imageryst automatically extracts satellite imagery insights to enhance global strategic and operational decisions.
• Plain Tiger — Elevate your hotel and spa with Plain Tiger's B2B marketplace. Source sustainably from our curated portfolio of consumables suppliers, featuring leading products for spas, hotel rooms, and operations. Connect with verified sustainable suppliers, fueling an eco-conscious shift in hospitality.
• Triple — The best payment data enrichment solution. Our API includes fraud detection, transaction enrichment, categorization, subscriptions, and carbon footprint.

Portfolio highlights

• DeepNeuronic — Transform surveillance with AI-powered computer vision. Real-time threat detection, traffic monitoring, and intelligent analytics for safer operations.

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.

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.

Portfolio highlights

• Pekata — Permite a tus empleados que personalicen sus lotes de Navidad y que sean memorables.
• Nailted — Nailted connects performance and engagement, adapting to you with the power of AI. Make the best decisions and boost your team's performance.
• 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.

Portfolio highlights

• 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.
• Wasabi Technologies — Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has beenrecognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi has secured nearly $275 million in funding to date and is a privately held company based in Boston.

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.

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.

Portfolio highlights

• EatTasty — Fresh food delivery service in Lisbon. Easy to choose and order. Free delivery. Discover our delicious lunches and dinners!
• Brij — With one-touch, BRIJ allows consumers to gain product info, care instructions and discounts while you gain a deeper understanding of your consumer. Apps, paper manuals and hassles not required.
• 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.

Portfolio highlights

• HelloWoofy.com / SelfTact.com (Smart Selfies for Networking) — HelloWoofy.com is a smart marketing platform for small business owners, or “underdogs”, to use patented generative AI (11,115,356) to create, schedule and post marketing content to multiple mediums or channels at once. Over 10,000 members strong, $1.1M in sales and backed by notable VC funds, Equity Crowdfunding (Reg CF) and angel investors.Achieved a $23: ~$1000 CAC to LTV/Cart/Investment ratio and sales to capital raised ratio of $1:$1.6 . SelfTact.com, incubated an application designed to ease the lead gathering process at events using selfies. With a virtual “rolodex” of contacts, a user can scroll through, email, text and see where they met to close prospects in one click. SelfTact is used as a lead magnet for HelloWoofy.com. iOS and Android Apps.EmojiData.ai, incubated an API for SaaS platforms to embed patented generative AI (11,115,356) technology. The API focuses on generating content with the perfect emojis, hashtags and text based on various forms of input. 80M calls over 4 years of usage. Part of HelloWoofy.com.
• Reflect — Reflect is a networked note-taking tool. Keep track of your notes, books, and meetings.
• 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.

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.

Portfolio highlights

• AI Seer — AIs for Authenticating Information. AI Seer is on a mission: To Check Untruths before they become Powerful through an Antivirus for Mal-information, Dis-information and Misinformation.
• Scout AI — Scout AI is building the robotic foundation model for defense.
• Aurelius Systems — Aurelius Systems is a defense technology company pioneering the future of defense with the development of edge-deployed, AI-powered laser systems designed to counter unmanned aerial systems (UAS) threats.

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.

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.

Portfolio highlights

• FINDIQ — FINDIQ is a young company based in the heart of the Ostwestfalen-Lippe industrial zone. We have developed a novel strategy as a software producer to intelligently integrate knowledge management and help solutions for machine service. FINDIQ develops its service solution with the industry, whether for machine makers, operators, or service providers.
• Protex AI — Protex AI develops an AI-powered proactive health and safety technology that enables an injury-free industrial workplace. The company allows EHS teams to adopt proactive safety cultures and in doing so realize an injury-free workplace.
• Bound — Bound helps SME's protect themselves from currency risk, whilst using technology to simplify the process. We aim to help the 78% of SME's who are at risk of losing money everyday

Portfolio highlights

• 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.
• Gamma — Meet the modern memo. Write like a doc, present like a deck, discuss live or async.
• Residently — Simplifying the rental process: from finding the perfect pad to furnishing and sourcing expert local home services, all at the tap of a button.

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.

Portfolio highlights

• Cintoo — Cintoo is essential for BIM to bridge the gap between your physical and virtual worlds.
• Automaise — Radically improve your customer care operations by focusing where the volume is and helping your agents do a better job.
• Sword Health — Sword delivers AI Care with clinical oversight to prevent pain, support recovery, and promote whole-body health. Trusted by employers and health plans.

Portfolio highlights

• LOla panda — Learn to read and write with fun Lola educational games! The application develops the reading skills and logical reasoning of 3-8 year olds.
• Xiphera — Xiphera protects your critical systems with fully in-house designed cryptographic IP cores implemented in pure hardware logic design.
• DealGuru — DealGuru is a stealth startup in a ecommerce space.

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.

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.

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.

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

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.

Portfolio highlights

• OneThird — Blockchain, Food Loss, Food Waste, Food Tech, Supply Chain, Big Data, Ag Tech, Digitization, AI, Shelf Life Prediction, Quality Assessment, Fresh Produce, Dynamic Routing, UN SDG 12.3, Spectroscopy, Mobile App, and NIR Spectroscopy
• FononTech — FononTech is an impulse printing company that produces fine-grained patterns in the micro to millimeter range for electronics.
• Scope Biosciences — Scope Biosciences is developing a CRISPR-Cas based diagnostic platform for rapid point of care diagnostic solutions.