Top 45 Manufacturing VC Funds & Investors in Portugal (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Portugal Ventures
VC Fund
|
21 | Portugal, United States, France | Seed, Pre-Seed | Software, Information Technology, Health Care | $107k–$2M |
|
Armilar Venture Partners
VC Fund
|
5 | Portugal, United States, United Kingdom | Seed, Series A | Software, Information Technology, Artificial Intelligence | $520k–$17M |
|
Caixa Capital
VC Fund
|
5 | Portugal, United States, Spain | Seed, Series A, Series B | Software, Information Technology, Health Care | $120k–$23M |
|
Momenta Ventures
VC Fund
|
4 | United States, Switzerland, Canada | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning | $1.5M–$60M |
|
HCapital Partners
VC Fund
|
3 | Portugal, Italy, Spain | Seed, Series A | Software, Power Grid, Artificial Intelligence | $1.2M–$9.5M |
|
REDangels
VC Fund
|
3 | Portugal, United States, Poland | Seed, Pre-Seed, Angel | Mobile, Machine Learning, Internet of Things | $11k–$1.6M |
|
Olisipo Way
VC Fund
|
3 | Portugal, Lithuania | Seed, Pre-Seed, Venture - Series Unknown | Software, InsurTech, Financial Services | $118k–$6.5M |
|
EDP Ventures
VC Fund
|
3 | Portugal, United States, Brazil | Seed, Series A | Energy, Software, Information Technology | $355k–$14M |
|
Join Capital
VC Fund
|
2 | Germany, United Kingdom, The Netherlands | Seed, Series A | Software, Artificial Intelligence, Manufacturing | $1M–$12M |
|
Notion Capital
VC Fund
|
2 | United Kingdom, United States, Germany | Series A, Seed, Series B | Software, Information Technology, SaaS | $1.1M–$66M |
|
Spider Capital
VC Fund
|
2 | United States, Canada, Israel | Seed, Series A, Series B | Software, Artificial Intelligence, SaaS | $1.5M–$50M |
|
GED Ventures Portugal
VC Fund
|
2 | Portugal, France, Germany | Seed, Venture - Series Unknown, Pre-Seed | Software, Artificial Intelligence, Health Care | $1.5M–$38M |
|
Innovation Nest
VC Fund
|
2 | Poland, United States, United Kingdom | Seed, Series A | Software, SaaS, Analytics | $40k–$10M |
|
BlueCrow Capital
VC Fund
|
2 | Portugal, United Kingdom, Spain | Venture - Series Unknown, Seed, Series A | Information Technology, SaaS, Manufacturing | $697k–$18M |
|
Indico Capital Partners
VC Fund
|
2 | Portugal, United States, Spain | Seed, Series A, Pre-Seed | Information Technology, E-Commerce, B2B | |
|
Insight Ventures
VC Fund
|
1 | Portugal, South Korea, United States | Seed, Pre-Seed, Series B | Manufacturing, B2B, Energy | $768k–$33M |
|
Yellowstone Holding
VC Fund
|
1 | Switzerland, Taiwan, Germany | Series A, Series B, Seed | Medical, Health Care, Biotechnology | $2.7M–$16M |
|
Iberis Capital
VC Fund
|
1 | Portugal, United States, Spain | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence | $107k–$23M |
|
Lince Capital
VC Fund
|
1 | Portugal, United Kingdom, United States | Seed, Venture - Series Unknown, Series A | Artificial Intelligence, E-Commerce, Information Technology | $859k–$16M |
|
Golden Egg Check Capital
VC Fund
|
1 | The Netherlands, Germany, Canada | Seed, Pre-Seed, Series A | Software, Information Technology, Artificial Intelligence | $537k–$5.1M |
|
Norrsken Evolve
VC Fund
|
1 | Germany, United Kingdom, Spain | Pre-Seed | Software, Artificial Intelligence, CleanTech | $250k–$4.1M |
|
Techstars Autonomous Technology
VC Fund
|
1 | Portugal | Seed, Pre-Seed | CleanTech, Manufacturing, Nanotechnology | $120k–$120k |
|
August One
VC Fund
|
1 | Singapore, United States, Portugal | Seed, Series A | Software, Analytics, Artificial Intelligence | $450k–$12M |
|
Lightspeed Venture Partners
VC Fund
|
1 | United States, India, Israel | Series A, Series B, Seed | Software, Information Technology, Artificial Intelligence | $2.5M–$125M |
|
Claster Investments
VC Fund
|
1 | Portugal | Pre-Seed | 3D Printing, Real Estate, Construction | |
|
DCVC
VC Fund
|
1 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning | $1.5M–$139M |
|
Buenavista Equity Partners
VC Fund
|
1 | Spain, Ecuador, Romania | Private Equity, Seed, Series A | Biotechnology, Health Care, Restaurants | $2M–$50M |
|
FundBox
VC Fund
|
1 | Portugal | Seed, Pre-Seed | Software, Aerospace, Health Care | $189k–$3.1M |
|
Growth Partners Capital
VC Fund
|
1 | Spain, Portugal, United Kingdom | Private Equity | Drones, Software, Logistics | |
|
H&M Group Ventures
VC Fund
|
1 | Sweden, United States, United Kingdom | Series A, Seed | E-Commerce, Fashion, Textiles | $1.9M–$45M |
|
200M
VC Fund
|
1 | Portugal, Brazil, France | Seed, Series A | Health Care, Artificial Intelligence, Apps | $2.7M–$6.5M |
|
Bynd Venture Capital
VC Fund
|
1 | Portugal, Spain, United Kingdom | Seed, Pre-Seed, Series A | Software, SaaS, Information Technology | $483k–$50M |
|
PINK LAND
VC Fund
|
1 | Portugal | Pre-Seed | Industrial, Biotechnology | |
|
C2 Capital Partners
VC Fund
|
1 | Portugal, United States | Seed, Private Equity | Food Processing, Food and Beverage, SaaS | |
|
H&M Group
VC Fund
|
1 | United States | Series A | Sensor, Hardware, Textiles | |
|
Betwixt Ventures
VC Fund
|
1 | Portugal | Seed | Drones, Energy, Mobile | $154k–$1.2M |
|
Faber
VC Fund
|
1 | Portugal, United States, United Kingdom | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, SaaS | $29k–$25M |
|
Cornerstone VC
VC Fund
|
1 | United Kingdom, Portugal, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Apps | $1.5M–$25M |
|
Build Collective
VC Fund
|
1 | United States, Spain, France | Series A, Series C, Series B | Artificial Intelligence, Sensor, Hardware | $20M–$70M |
|
Bombyx Capital Partners
VC Fund
|
1 | United Kingdom, United States | Series A, Series B | Fashion, Sensor, Hardware | $11M–$25M |
|
Ex Capital
VC Fund
|
1 | United States, India, Portugal | Pre-Seed, Series A, Seed | Artificial Intelligence, Pet, SaaS | $1M–$25M |
|
Oxy Capital
VC Fund
|
1 | Portugal, Spain, United States | Private Equity, Series A, Series E | Software, Personal Health, VoIP | $8.6M–$12M |
|
Hiero
VC Fund
|
1 | Portugal | Pre-Seed | Software, Compliance, Marketplace | |
|
Novabase Capital
VC Fund
|
1 | Portugal, United States | Seed, Pre-Seed | Software, Information Technology, Analytics | $576k–$3M |
|
Beta Capital
VC Fund
|
1 | Portugal, Spain, Brazil | Seed, Venture - Series Unknown | Software, Health Care, Biotechnology | $476k–$3.1M |
| Access all 53 VC funds in Portugal Manufacturing startups. | |||||
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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
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Pre-Seed
- Geography: Portugal, United States, France
Investor stats
- Total investments: 295
- Round size: Seed $110k–$2M; Pre-Seed $107k–$547k
- Lead/follow: 13% lead, 87% follow
- Last fund: May invest from a new fund soon — last raise in 2011
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).
- Unlockit — Unlockit will offer to public and governmental bodies the guarantee that everything within a real estate transaction is recorded, meaning better industry regulation, more taxes and public fees collected, and less overall fraud and money laundering activities.
- Logical Safety — IoT safety for a safer, more productive workforce
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.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 114
- Round size: Seed $520k–$3.8M; Series A $4M–$17M
- Lead/follow: 37% lead, 63% follow
- Last fund: May invest from a new fund soon — raised $53M in 2019
Portfolio highlights
- Airflows — Airflows is a platform offering private AI solutions for back-office operations, enabling the creation of applications, workflows, and agent assistants from documents, rules, and approvals while maintaining full control, auditability, and integration with existing systems like ERP, ECM, and BPM.
- Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
- DOJO AI — The only tool you need to grow your Brand.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Series A, Series B
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 78
- Round size: Seed $120k–$3M; Series A $3M–$12M; Series B $1.1M–$23M
- Lead/follow: 18% lead, 82% follow
Portfolio highlights
- Veniam — Transfer 10x more data for your video telematics, fleet operations, industrial IoT or connected vehicles.
- Growappy — Growappy is an EdTech that offers an all-in-one platform for early education that is leading a vision to unlock personalized education since nursery with the power of AI, while providing a revolutionary communication experience between schools and families and drastically simplifying bureaucracy for teachers and school owners.
- Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
Momenta is the leading Industrial Impact® venture capital firm, accelerating industrial innovators across energy, manufacturing, smart spaces, and the supply chain. For over a decade, our team of deep industry operators has helped scale industry leaders and innovators to improve critical industries, the environment, and people's quality oflife. PitchBook has ranked Momenta as one of the ten best-performing venture capital firms for 2023 in its prestigious Global Manager Performance Score League Tables, and the firm is the only European-headquartered VC to secure a Top 10 spot on the list.
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- Industry: Software, Artificial Intelligence, Machine Learning
- Stage:Seed, Series A, Series B
- Geography: United States, Switzerland, Canada
Investor stats
- Total investments: 94
- Round size: Seed $1.5M–$5.4M; Series A $2.5M–$23M; Series B $21M–$60M
- Lead/follow: 49% lead, 51% follow
Portfolio highlights
- Continual — RADCOM gives 5G operators end-to-end subscriber visibility, AI-driven automation, and up to 70% lower TCO from the RAN to the core. See the platform in action.
- Thingstream — Thingstream is a leading provider of IoT Communication-as-a-Service for the Internet of Things applications. Thingstream’s intelligent Global Communication Platform provides low power, low cost, ubiquitous IoT communication via MQTT and works in over 190 countries already today. The secure, out-of-the-box IoT communication solution leverages theglobally-available GSM network to offer immediate, global IoT connectivity that no other low power connectivity provider can today. Thingstream specialises in helping simplify IoT communication, reducing costs and operational overheads in the delivery of an intelligent network of connected things. For more information visit https://thingstream.io.
- Decision Engines — Decision Engines provides robotic process automation for your finance processes such as AP, AR, Credits etc. for unprecedented operational efficiencies.
We are an independent private equity firm, investing in a broad spectrum of companies through dedicated funds.
Show more...Investment focus
- Industry: Software, Power Grid, Artificial Intelligence
- Stage:Seed, Series A
- Geography: Portugal, Italy, Spain
Investor stats
- Total investments: 20
- Round size: Seed $1.2M–$4.8M; Series A $4.7M–$9.5M
- Lead/follow: 50% lead, 50% follow
- Last fund: May invest from a new fund soon — raised $23M in 2017
Portfolio highlights
- Reefilla — Reefilla EV charging services: recharge your car anywhere, anytime
- Automaise — AI Agents that automate, assist, and accelerate customer service operations. See how Automaise helps enterprise teams resolve more, escalate less, and deliver results within weeks.
- Dingoo — Dingoo is an e-commerce company that uses AI to deliver retail groceries to consumers on same day without any restrictions.
They believe the unbelievable and trust the untrustable.
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- Industry: Mobile, Machine Learning, Internet of Things
- Stage:Seed, Pre-Seed, Angel
- Geography: Portugal, United States, Poland
Investor stats
- Total investments: 25
- Round size: Seed $110k–$1.6M; Angel $55k–$181k; Pre-Seed $11k–$55k
- Lead/follow: 16% lead, 84% follow
Portfolio highlights
- Wall-i — Wall-i is a programmatic outdoor advertising network, that displays ads on screens for segmented audiences, by age, gender, location, and market. Wall-i aims to be the Google Ads of the outdoor advertising. By combining plug-and-play screen incorporation and audience recognition technology (age, gender and mood), with a CPV /CPM businessmodel, it enables real-estate owners to monetize LCD screens and tablets with ads.
- Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
- UpLink — Tellent Recruitee helps you hire faster, work better together, and win top talent without the bottleneck; powered by AI-driven features.
Olisipo Way is an early-stage venture firm that focuses on IT investments. It invests in technology companies with very diverse and complementary skills. The initial portfolio of Olisipo Way comes from the innovation created within the Olisipo through the continuous stimulation of innovation among employees and the incubation of new businessventures.The firm was founded in 2015 and is headquartered in Lisbon, Lisboa.
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- Industry: Software, InsurTech, Financial Services
- Stage:Seed, Pre-Seed, Venture - Series Unknown
- Geography: Portugal, Lithuania
Investor stats
- Total investments: 37
- Round size: Seed $1.2M–$6.5M; Pre-Seed $118k–$1.5M
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- DoJob.ai — Hybrid Intelligence Innovation Project
- OSCAR — OSCAR offers a variety of fixed-price home services, including maintenance, cleaning, laundry, and beauty services, all accessible through a user-friendly app. Customers can easily schedule appointments for these services, with options available for immediate bookings. Additionally, OSCAR provides repair services for household appliances likewashing machines and boilers, ensuring convenience for users. The platform streamlines the process of finding and scheduling necessary home services, catering to the needs of busy individuals and families. Through its comprehensive service offerings, OSCAR simplifies home management for its users.
- Fluxe Insurance Software — FLUXE develops AI software based to build digital tools for claim automation aligned with the challenges of the insurance industry!
EDP Ventures is the venture capital arm of EDP. We invest in early-stage startups working in the energy space
Show more...Investment focus
- Industry: Energy, Software, Information Technology
- Stage:Seed, Series A
- Geography: Portugal, United States, Brazil
Investor stats
- Total investments: 64
- Round size: Seed $355k–$4.1M; Series A $2.5M–$14M
- Lead/follow: 25% lead, 75% follow
- Last fund: May invest from a new fund soon — raised $8M in 2018
Portfolio highlights
- Drivit — Drivit turns any smartphone into a high-quality telematics device. Power your mobility app with features that will show you the best way to a safer, cheaper and more sustainable driving.
- Spotlite — Spotlite combines satellite data with AI to predict infrastructure risks before they become problems.
- Delfos Energy — Why did it Fail? Avoid unexpected failures across your assetsReduce the risk of unexpected failuresmoreOptimize Maintenance Windowsmoreretain and scale up operational knowledgemoreplatform real time monitoring, analysis and predictions for renewable energy and oil&gas assetsVIEW OUR APPLICATIONS customer and partnerssee what our customers say about our solutions TestimonialsYour failure prediction alarm, helped us avoid an
JOIN Capital is an early stage VC focused on Seed and Series A investments in Industry 4.0 and enterprise tech. Our portfolio companies are front and center at factories, delivering smart machinery and robotics for high-volume manufacturing. They’re behind the scenes with powerful algorithms for managing global production systems. They rethink andrewire essential processes, with the goal of maximizing human capabilities. We invest in technologies related to core business functions: operations, manufacturing, data analytics, supply chain and software development. We seek innovative solutions to real customer problems that have achieved product-market fit. Technologies we invest in include: machine learning, robotics, cloud computing, IoT, smart sensors.
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- Industry: Software, Artificial Intelligence, Manufacturing
- Stage:Seed, Series A
- Geography: Germany, United Kingdom, The Netherlands
Investor stats
- Total investments: 52
- Round size: Seed $1M–$9.5M; Series A $5.1M–$12M
- Lead/follow: 60% lead, 40% follow
- Last fund: Likely still investing — fund raised in 2024
Portfolio highlights
- enclaive — Experience the strength of confidential cloud computing with Enclaive.io. Elevate your company's security and performance in the most fortified cloud ecosystem. Unlock unparalleled confidentiality with our secure compute environments.
- Hyperpilot^ — Hyperpilot^ builds AI-driven automation tools that enhance software engineering efficiency and development processes.
- InSpacePropulsion Technologies — Cost-effective, robust, and quickly available propulsion solutions, based on 10+ years of R&D and 40 years of combined experience in space propulsion.
Notion Capital is a VC firm focused on European SaaS and Cloud.
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- Industry: Software, Information Technology, SaaS
- Stage:Series A, Seed, Series B
- Geography: United Kingdom, United States, Germany
Investor stats
- Total investments: 279
- Round size: Seed $1.1M–$7M; Series A $4.5M–$28M; Series B $7.5M–$66M
- Lead/follow: 31% lead, 69% follow
Portfolio highlights
- Volo Commerce — Volo brings together data and intelligence from all over the commerce ecosystem and uses AI to provide real-time actionable insights.
- Topia — Discover our professional services designed to elevate your business with expert solutions tailored to your needs. Contact us today for trusted support.
- Wercker — Industry leading container registry, for organizations to manage Docker images, perform vulnerability analysis, and manage access via fine-grained access control.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Spider Capital is a seed-stage enterprise venture capital focused on the digital transformation of industry.
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- Industry: Software, Artificial Intelligence, SaaS
- Stage:Seed, Series A, Series B
- Geography: United States, Canada, Israel
Investor stats
- Total investments: 83
- Round size: Seed $1.5M–$4.7M; Series A $7M–$19M; Series B $5.2M–$50M
- Lead/follow: 25% lead, 75% follow
- Last fund: May invest from a new fund soon — last raise in 2018
Portfolio highlights
- Cimba.ai — Cimba.AI, the Gen-AI-native platform that gives enterprises the power to create custom adaptive AI agents that can produce deep insights and recommend and trigger business actions based on internal data and knowledge base. The platform leverages self-training artificial intelligence that learns and adapts to an organization’s unique knowledgebase(i.e., dashboards, query history, metadata, playbooks, etc.), providing business decision makers with customizable AI agents that generate both insights and recommended next steps (i.e., which ten deals we should focus on this week?) to take based on their data (i.e., Snowflake)
- Oliv AI — Elevate your sales team's performance with Oliv and get deep insights into rep activities and sales strategies, plus timely alerts on deal progress and buyer intent.
- CoLab Software — The only tool purpose-built to simplify design reviews for engineering teams building complex products.
GED Ventures Portugal is an Investment firm.
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- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Venture - Series Unknown, Pre-Seed
- Geography: Portugal, France, Germany
Investor stats
- Total investments: 16
- Round size: Seed $1.5M–$3.3M; Venture - Series Unknown $12M–$38M
- Lead/follow: 69% lead, 31% follow
Portfolio highlights
- Rofim — Rofim provides a multidisciplinary platform that combines practitioners' knowledge, technology for analyses, and medical imaging to provide a diagnosis. In order to share knowledge and provide the most accurate and timely diagnosis possible, Rofim concentrates on all the functionalities created for fluid medical use. The company is dedicatedto making the daily lives of physicians, patients, and medical institutions easier, more moral, and more seamless.
- 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
Innovation Nest invest in early stage B2B SaaS startups from Europe and help them grow from local to global using our network of contacts and strong in-house competencies. It strongly believes that the path to growth leads through Silicon Valley and strongly encourage our portfolio startups to set up presence there. The company supports high-techcompanies to grow faster and scale their business globally.
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- Industry: Software, SaaS, Analytics
- Stage:Seed, Series A
- Geography: Poland, United States, United Kingdom
Investor stats
- Total investments: 84
- Round size: Seed $40k–$3.2M; Series A $4.5M–$10M
- Lead/follow: 14% lead, 86% follow
- Last fund: May invest from a new fund soon — raised $12M in 2011
Portfolio highlights
- Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
- AI Clearing — AI-powered platform for construction progress tracking and quality control, supporting contractors and asset owners in energy, utilities, infrastructure, and civil construction projects.
- Meisterwerk — Meisterwerk provides a SaaS operating system for SMB field service and craftsman companies. They offer services that include operational planning, mobile time tracking, digital forms, information exchange, and their own workflows. Meisterwerk helps to communicate between the office and the workforce.
BlueCrow Capital is a venture capital firm.
Show more...Investment focus
- Industry: Information Technology, SaaS, Manufacturing
- Stage:Venture - Series Unknown, Seed, Series A
- Geography: Portugal, United Kingdom, Spain
Investor stats
- Total investments: 28
- Round size: Seed $697k–$10M; Series A $6.5M–$16M; Venture - Series Unknown $8.2M–$18M
- Lead/follow: 39% lead, 61% follow
Portfolio highlights
- Bighub — The All-in-One Platform for european marketplace growth. Integration, Catalog SEO, Pricing, Financing, Logistics, Helpdesk, and Resale.
- Bling Energy — Bling Energy is a startup that focuses on providing more efficient and sustainable energy solutions, mostly through solar panels.
- TWEVO Technologies — Solutions for i4.0 | Detection + Supervision + Control State-of-the-art AI video processing and encoding, ultra-fast Edge-AI electronics implementations complement and strengthen real-time factory worker responses, optimised video processing and transmission to provide full video information on the factory floor.
Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico werepreviously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.Highly innovative companies like luxury eCommerce platform Farfetch, YC graduate machine learning translation platform Unbabel or the leading student accommodation marketplace Uniplaces have a strong Portuguese DNA and went to raise international rounds in the UK and the US - we want to back the next success stories of the ecosystem.
Show more...Investment focus
- Industry: Information Technology, E-Commerce, B2B
- Stage:Seed, Series A, Pre-Seed
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 43
- Lead/follow: no public data
Portfolio highlights
- FRVR — FRVR brings captivating games to billions of players instantly.
- Indie Campers — Indie Campers offers adventurers the opportunity to start their journey in one location and end it in any of our other depots, while delivering an outstanding customer service for a unique and unforgettable experience.
- Oceano Fresco — Oceano Fresco develops and produces bivalves varieties with superior performance for shellfish farmers at a competitive cost, respecting environmental sustainability and ensuring consumer safety.They use a multi-disciplinary approach including expertise in molecular biology, genetics, animal physiology, computational biology and intellectualproperty to select value adding traits to shellfish farmers and contribute to the sustainability and profitability of the aquaculture industry.They work with hatcheries, nurseries and research centers in order to test and validate their solutions and ensure that they suit the specific needs of each customer, in each technical and environmental context.
Insight Ventures build scalable business models that can be stand-alone or integrated into an already established company. Through agile construction methodologies, connections with startups, and extensive experience in building technology businesses, they have transformed traditional businesses into exponential companies.Since 2017, they havehelped companies of all sizes and sectors to build and scale innovative business models, generating exponential growth and changing the way they compete in the market.
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- Industry: Manufacturing, B2B, Energy
- Stage:Seed, Pre-Seed, Series B
- Geography: Portugal, South Korea, United States
Investor stats
- Total investments: 5
- Round size: Seed $768k–$33M
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- Heaboo — Heaboo is a technological company focus on the R&D, manufacturing, and commercialization of a stand-alone and passive device capable to corrects the response time of the hot water supply in taps or shower mixers increasing the energy and water efficiency of the building. The company was founded in 2015 and is headquartered in Aveiro.
- SocialTalk — SocialTalk helps discover the perfect influencers, manage influencers database, track and measure campaigns.
- INEYE Pharma — INEYE Pharma engages in the development of polymer-based technologies for ocular applications. The company operates on a B2B strategy and caters to other pharmaceutical companies that operate in the ocular disease industry.
Yellowstone Holding promoting new innovative products or technologies from Switzerland to the Asia market via our strong connections.
Show more...Investment focus
- Industry: Medical, Health Care, Biotechnology
- Stage:Series A, Series B, Seed
- Geography: Switzerland, Taiwan, Germany
Investor stats
- Total investments: 8
- Round size: Series A $2.7M–$16M; Series B $4M–$11M
- Lead/follow: 63% lead, 37% follow
Portfolio highlights
- NU-RISE — NU-RISE LDA helping doctors provide better cancer treatment. They have developed a probe that goes inside the body. This probe will monitor, in real-time, the level of radiation the patient is receiving. The Doctor can target the cancer but avoid the healthy organs. Better, safer and more accurate radiation - it's an evolution for cancertreatment.
- CryoTherapeutics — CryoTherapeutics is focusing on the development, demonstration of clinical benefit, and early-stage commercialization of a proprietary cryotherapy system for use in the treatment of coronary artery disease that causes heart attacks. The safety and efficacy of cryoenergy in the cardiovascular system has been demonstrated and CryoTherapeutics intendsto extend the benefits of cryoenergy to the problem of diseased coronary arteries.
- ZuriMED Technologies AG — ZuriMED is an innovative team specialized in orthopedic biomechanics and biomaterials.They originated in and are currently based at the Laboratory for Orthopedic Biomechanics at the University Hospital Balgrist – one of the leading Orthopedic clinics in Switzerland.The ZuriMED team has been inventing and developing orthopedic implants since2009. They have developed, rigorously tested, and patented three fully featured devices (BTB Conversion Kit™, EndoCLIP™, ZuriACL™).
Iberis is an investment manager that operates a value-oriented investment management.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 57
- Round size: Seed $1.2M–$3.2M; Pre-Seed $107k–$4.4M; Series A $5.3M–$23M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- Reckon.ai — Whether you're building an unattended store or supplying the equipment behind it, Reckon's patented AI technology transforms existing infrastructure into smart, autonomous assets.
- Jscrambler — Jscrambler is the leading client-side security solution for JavaScript in-app protection and real-time webpage monitoring. Start your free trial today!
- CorPower Ocean — CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today.
Lince Capital is an independent venture capital company. Lince Capital was born from the experience of a family group with over 30 years of experience in managing investment funds in various business areas, including real estate, infrastructure, agriculture, and telecommunications.Lince Capital is distinguished by its personalized and excellentsupport, close and direct relationship with each of its investors and business partners, and the dedication of an experienced and dynamic team.
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- Industry: Artificial Intelligence, E-Commerce, Information Technology
- Stage:Seed, Venture - Series Unknown, Series A
- Geography: Portugal, United Kingdom, United States
Investor stats
- Total investments: 54
- Round size: Seed $859k–$6.8M; Series A $2.1M–$16M; Venture - Series Unknown $1.3M–$13M
- Lead/follow: 46% lead, 54% follow
Portfolio highlights
- BIZAY — Bizay enables the world’s largest catalogue of customizable products. Its technology platform operates across Europe, South and North America, and digitalizes the booming and huge industry of product customization by empowering brands, people and societies to self-express. It enables local manufacturers, brands, and wholesalers to offercustomization on any product in the world and reduces the cost of production by half through batching and supply-chain optimization technologies. Our platform/technology is aimed at three customer targets:(i) B2B2C provides a platform for businesses to design and sell customized products from Bizay’s existing product catalogue, with the four main customer segments: Resellers, Content Creators (Independent artists, influencers or event or managers that want to sell customized merchandise with their branding, designs or artwork), e-Commerce entrepreneurs (Small entrepreneurs that aim to expand their catalogue and upgrade their business by adding customized products to their online stores), as well as big household brands & enterprises (well-established business in need of a partner that is capable of handling large volume of customized products orders or to expand their existing offer)(ii) B2B, which is focused on SMBs, provides an extensive product catalogue for customized products to be used in several industries (ex: uniforms for restaurants and bags for retail shops) (iii) Customization-as-a-Service (CaaS), where clients (typically major brands) capitalize on Bizay’s technology, expertise, customization options, techniques and offline suppliers to customize their own products
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
- Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
Het venture capital fonds van Golden Egg Check investeert samen met de beste angels en VCs in snelgroeiende techbedrijven.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: The Netherlands, Germany, Canada
Investor stats
- Total investments: 39
- Round size: Seed $1.1M–$5.1M; Pre-Seed $537k–$1.3M
- Lead/follow: 0% lead, 100% follow
- Last fund: Likely still investing — raised $511k in 2022
Portfolio highlights
- Orq.ai — Orq.ai is the platform to build, ship, and scale AI fast and in control. Give your teams one secure place to develop, test, deploy, and monitor GenAI applications.
- Peak Quantum — Peak Quantum focused on developing inherently error-protected superconducting quantum processors (QPUs).
- Circle Health — Your partner for holistic health.
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Browse database — It's Free!Norrsken Evolve is a pre-seed fund that supports the founders who are creating the future of Europe by offering funding,a top-notch in-person sprint, and an exceptional network.
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- Industry: Software, Artificial Intelligence, CleanTech
- Stage:Pre-Seed
- Geography: Germany, United Kingdom, Spain
Investor stats
- Total investments: 14
- Round size: Pre-Seed $250k–$4.1M
- Lead/follow: 79% lead, 21% follow
Portfolio highlights
- NobodyWho — NobodyWho is an inference engine that lets you run LLMs locally on any device
- FION Energy — FION Energy GmbH is a Berlin-based company at the forefront of the clean energy transition, specializing in advanced energy storage and management solutions for industrial businesses. Their technology helps companies optimize energy use, reduce costs, enhance grid stability, and accelerate decarbonization by providing economically viable storagesystems tailored to each customer's needs. FION supports grid operators by enabling efficient orchestration of energy consumption and generation, contributing to a more stable and sustainable energy future. They offer personalized consulting, rapid installation, and continuous optimization of energy storage performance to maximize cost savings and flexibility.
- Bubble Robotics — Building the ocean's autonomous workforce, powering infrastructure, ecosystems & resilience.
Investment focus
- Industry: CleanTech, Manufacturing, Nanotechnology
- Stage:Seed, Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 4
- Round size: Seed $120k–$120k
- Lead/follow: 25% lead, 75% follow
Portfolio highlights
- Guardion — Making cities safer from nuclear threats. New nanomaterial based ion sensors for ionizing radiation detection.
- OmniPreSense — OmniPreSense is developing Smart City traffic monitoring sensors to help make our cities safer. The sensors detect excessive speeding and are networked to provide real time alerts or traffic reports. This data is easily provided to authorities for speed calming or other corrective actions. We are currently in Beta site testing of our product. Wehave validation of the market as we have had customers who are engineers buying our base radar sensor and building their own traffic monitor. Now we're building a simple to use solution for everyone. Our product is like Ring, but instead of protecting your door we protect your neighborhood.OmniPreSense was founded on 2016 and is headquartered in San Jose, California.
- GRAPHENEST — Graphenest is a nanotechnology company focused on high-value graphene-based solutions for advanced composites and functional coatings & inks markets.
August One is a private investment firm and a Monetary Authority of Singapore registered Venture Capital firm. Through its family office platform and investment funds, August One focuses on enabling exceptional people to make a significant impact on the way they live and work. The company is committed to preserving the legacies, serve theaspirations and out-serve the ambitions of families, investors, founders, and partners. Through its Investment Funds and Venture Building program, August One helps its portfolio companies grow their core businesses, launch new initiatives, enter new markets and build and use technologies to drive long term growth and impact.August One was founded in 2015 and is headquartered in Singapore.
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- Industry: Software, Analytics, Artificial Intelligence
- Stage:Seed, Series A
- Geography: Singapore, United States, Portugal
Investor stats
- Total investments: 21
- Round size: Seed $652k–$2.2M; Series A $450k–$12M
- Lead/follow: 57% lead, 43% follow
Portfolio highlights
- 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.
- Blykalla — Blykalla is developing and building small modular reactors to deliver the next generation of clean energy. We take leading research to industrialization through our Swedish Advanced Lead Reactor (SEALER).
- OurSupport — On-site and remote IT support for businesses. Smart hands, local technician dispatch, multi-site rollouts, and transparent pricing across global markets.
Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Series B, Seed
- Geography: United States, India, Israel
Investor stats
- Total investments: 2032
- Round size: Seed $2.5M–$30M; Series A $7.5M–$90M; Series B $15M–$125M
- Lead/follow: 40% lead, 60% follow
- Last fund: Likely still investing — raised $2.4B in 2022
Portfolio highlights
- Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
- Aquantia — At Aquantia, all three elements are present in abundance. Aquantia benefits from team members with a depth of diverse technology development expertise, signal processing innovation and an adherence to lean and agile management practices. Their engineers were at the forefront ofthe Fast Ethernet and Gigabit Ethernet product deployments, and areamong the best in production silicon design.Meet their leadership team, or the board and investors to see their guidance, financial backing and the company they've built.
- Eightfold AI — Eightfold AI provides the most comprehensive AI recruiting and talent management solutions in the market. We make it easy for businesses to find, screen, and hire the best talent.
Please visit us at www.clastergroup.com. Thank you for your patience!
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- Industry: 3D Printing, Real Estate, Construction
- Stage:Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Litehaus — Litehaus is your AI Team for Property Investment. We help investors, developers and asset managers find undervalued land, understand what can actually be built, and assess each opportunity faster.
We are deep tech venture capital.
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- Industry: Software, Artificial Intelligence, Machine Learning
- Stage:Seed, Series A, Series B
- Geography: United States, Canada, United Kingdom
Investor stats
- Total investments: 404
- Round size: Seed $1.5M–$9.1M; Series A $5.8M–$50M; Series B $15M–$139M
- Lead/follow: 24% lead, 76% follow
- Last fund: Likely still investing — raised $1B in 2023
Portfolio highlights
- Sabanto — Sabanto brings autonomy to agriculture with retrofit kits that transform existing tractors into fully autonomous machines. Boost efficiency, reduce labor, and farm 24/7 with the Sabanto Autonomy System. Book a demo today.
- CH4 Global — CH4 Global is an aquaculture solutions provider dedicated to urgently impacting climate change at scale. Lead by a world-class team of senior business builders, scientists and entrepreneurs, the company is initially leveraging proven science and technology for growing seaweed into innovative new livestock supplement that reduces methane produced bycows by up to 90%. Among early investors are a select group of prominent family offices and private investors. CH4 Global have also received non-dilutive capital support from government organizations from around the world. CH4 Global is a Delaware corporation based in Henderson, NV.
- Tradeshift — Tradeshift is a supply chain network, Tradeshift is a market leader in e-invoicing and accounts payable automation and an innovator in supplier financing and B2B marketplaces.
GED is an independent Private Equity group operating in the Iberian Peninsula and South-Eastern Europe. The company was incorporated in 1996 and GED’s professional Partners hold a majority stake in the Management Companies of the Group.GED is positioned in the middle market, managing funds in excess of €300M through 4 different Private Equityvehicles and operates in two different private equity sectors; private equity and private equity-real estate.GED Private Equity is looking at buyouts and expansion deals maximizing the portfolio value through a clear buy and build strategy in the core countries: Romania, Bulgaria, Spain and Portugal, backing medium size companies that can become regional market leaders.GED Opportunity targets opportunistic and value added real estate investments in South Eastern Europe.GED has a strong track record in Eastern Europe and the Iberian Peninsula, achieved it during its 19 years activity in the region through offices in Madrid, Seville, Bucharest, Sofia and Oporto.
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- Industry: Biotechnology, Health Care, Restaurants
- Stage:Private Equity, Seed, Series A
- Geography: Spain, Ecuador, Romania
Investor stats
- Total investments: 24
- Round size: Seed $2M–$4.2M; Series A $8M–$50M; Private Equity $6.4M–$7.7M
- Lead/follow: 63% lead, 37% follow
- Last fund: May invest from a new fund soon — raised $117M in 2019
Portfolio highlights
- Quibim — Quibim builds AI tools that turn MRI, CT and PET data into actionable predictions for hospitals and biopharma. Trusted in 230+ centers worldwide.
- Xoople — Xoople operates as an earth intelligence company. Xoople powers the next generation of Earth data intelligence to achieve a systematic understanding of physical changes on the Earth’s surface.
- Highlight Therapeutics — Highlight Therapeutics is a private, clinical-stage company dedicated to unlocking the full potential of immuno-oncology.
FundBox is an alternative investment management company that provides accounting, cash management, and tax compliance services.
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- Industry: Software, Aerospace, Health Care
- Stage:Seed, Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 3
- Round size: Seed $189k–$3.1M
- Lead/follow: 67% lead, 33% follow
Portfolio highlights
- LoopOS — LoopOS is a comprehensive Circular Economy ERP system designed to optimize and streamline multiple processes including buybacks, returns, trade-ins, repairs, and consumer-to-consumer transactions. It focuses on providing tools to measure the impact of the activities.
- Connected — Connected is a startup that offers affordable connecting humans, unleashing a new wave of IoT-based business models and contributing to bridge the digital gap.
- Gripwise Tech — GRIPWISE is a revolutionary digital solution for muscular strength assessment, comprising a smart dynamometer, APPs and a Cloud Platform.
Growth Partners Capital is a truly Iberian investment firm that is managing multiple private equity funds. Our clear focus is private equity with the objective to maximize profitable growth of companies, while securing downsize protection. We are sector agnostic: our focus is to acquire companies with a proven business model, a strong group ofentrepreneurs, a moderate debt and a clear desire and strategy to accelerate profitable growth.
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- Industry: Drones, Software, Logistics
- Stage:Private Equity
- Geography: Spain, Portugal, United Kingdom
Investor stats
- Total investments: 9
- Lead/follow: 78% lead, 22% follow
Portfolio highlights
- Freshlog — Freshlog is a logistics company that provides warehousing, cross-docking, computerized stock control, and cargo transportation services.
- Campicarn — Campicarn produces and distributes meat products.
- Wecorp Industries — Wecorp Industries has developed a disruptive and patented technology for drones used in security and defence environments.
H&M Group Ventures is the venture capital arm of the H&M Group.
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- Industry: E-Commerce, Fashion, Textiles
- Stage:Series A, Seed
- Geography: Sweden, United States, United Kingdom
Investor stats
- Total investments: 60
- Round size: Seed $2M–$8.7M; Series A $1.9M–$45M
- Lead/follow: 28% lead, 72% follow
Portfolio highlights
- AltMat — AltMat is a textile manufacturing firm that produces clothing materials, including natural fibers and yarns from agricultural wastes.
- Yaga — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
- Rubi Laboratories — Rubi Laboratories turns carbon emissions into carbon-negative textiles for the fashion industry, with a proprietary synthetic biology technology.
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Browse database — It's Free!200M is a Portuguese public fund of 200 million euros designed to co-invest with the best VCs from around the world in startups which are growing their business out of Portugal.
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- Industry: Health Care, Artificial Intelligence, Apps
- Stage:Seed, Series A
- Geography: Portugal, Brazil, France
Investor stats
- Total investments: 7
- Round size: Seed $2.7M–$6.5M
- Lead/follow: 29% lead, 71% follow
Portfolio highlights
- Sensei — We are the leading European provider of autonomous stores, with an AI-powered solution to build efficient operations and deliver a seamless shopping experience.
- Coverflex — Coverflex is a compensation management platform for teams to manage and enjoy multiple benefits. Coverflex is on a mission to improve the way companies compensate their people, making it more transparent, flexible, and easier for everyone to make the most of what they get. Through a fully digital solution, Coverflex helps companies manage everypart of compensation beyond salary — benefits, insurance, meal allowance, and exclusive discounts — while empowering people to spend on what suits them best.
- Sound Particles — A CGI-like software for Sound Design, capable of using particle systems to generate thousands of sounds in a virtual 3D world
Bynd is a leading Iberian Venture Capital firm
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- Industry: Software, SaaS, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, Spain, United Kingdom
Investor stats
- Total investments: 74
- Round size: Seed $483k–$5.3M; Pre-Seed $552k–$2.1M; Series A $2.3M–$50M
- Lead/follow: 18% lead, 82% follow
- Last fund: May invest from a new fund soon — raised $11M in 2019
Portfolio highlights
- Pollen — Electric mobility for lightweight vehicles is about to get simpler, more affordable and more reliable.
- Wio Capital — Wio Capital is a wealthtech company that builds an AI-powered wealth management platform for financial advisors, offices, and bankers.
- Spacebackend — Lynapse by Spacebackend unifies interface modeling, version control, testing, and validation. Convert ICDs into traceable, deterministic implementations with human-in-the-loop review.
Investment management
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- Industry: Industrial, Biotechnology
- Stage:Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 1
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- Silentvector — Biotechnology applied to agriculture. Research, development, innovation, and production of bioprotectants, biofertilizers, biostimulants, and nutrients of biological origin.
C2 Capital Partners makes investments in early-stage companies.
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- Industry: Food Processing, Food and Beverage, SaaS
- Stage:Seed, Private Equity
- Geography: Portugal, United States
Investor stats
- Total investments: 2
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- BRAINR — BRAINR is an intuitive next gen cloud MES (Manufacturing Execution System) that enables smarter processes and integrated production operations in real-time.
- Eat Just — Plant protein with clean ingredients. Better for the people & the planet.
We are a global family of brands and businesses. We make it possible for customers to express themselves through fashion and design in a sustainable way.
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- Industry: Sensor, Hardware, Textiles
- Stage:Series A
- Geography: United States
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Smartex.ai — Smartex provides 100% automated real-time inspection for Circular Knitting Machines. Identify defects as they happen, so that you can quickly address the issue & keep your production running.
Betwixt Ventures focuses on bringing together startups with Venture Capital Investors.By raising a pledge fund exclusively targeting investments on early stage startups with high potential, Betwixt Ventures proposes to add value through the following main activities:• Origination, screening, negotiation of deal terms, and monitoring of vettedstartups• Startup follow up, mentoring, consulting and value creation• Attraction of venture capital funds and placement of further investment rounds• Attraction of exit opportunities and facilitation of exit processStarting its capital raise in October 2015, the pledge fund will exclusively target investments on early stage startups typically based out of Portugal. At a second stage, it intends to invest also in Spanish and Italian startups. While no particular industry will be ruled out from the investment scope, the pledge fund will tend to focus on the broad technology and energy sectors. As a pre-requisite, it will either invest in startups previously vetted by other Business Angels, or co-invest in them with other seed or venture capital funds as partners. The focus of the pledge fund will be to invest in the gap between seed and series A rounds. Upon the investment at this stage, Betwixt Ventures will seek to attract further institutional investment rounds, internationally.On top of the pledge fund management, Betwixt Ventures will also offer both financial and general advisory services to startups. The former include either the attraction of venture capital funds for placement of further investment rounds, or the attraction of strategic buyers for potential M&A transactions, mainly in the US market. The later encompass 360 degrees consulting to startups, from marketing & sales, to business development and management.
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- Industry: Drones, Energy, Mobile
- Stage:Seed
- Geography: Portugal
Investor stats
- Total investments: 2
- Round size: Seed $154k–$1.2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- LOQR — Increase your business and reduce costs with the best AI-Powered Journey-as-a-Service provider for financial institutions.
- BladeInsight — BladeInsight offers innovative solutions for wind turbine blade operations and maintenance.
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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- Industry: Artificial Intelligence, Software, SaaS
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 97
- Round size: Seed $549k–$5.2M; Pre-Seed $29k–$3M; Series A $2.5M–$25M
- Lead/follow: 30% lead, 70% follow
- Last fund: Likely actively investing — fund raised in 2024
Portfolio highlights
- Porelio — Porelio is an environmental technology that provides purification technologies for water and industrial chemicals.
- ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
- InSpacePropulsion Technologies — Cost-effective, robust, and quickly available propulsion solutions, based on 10+ years of R&D and 40 years of combined experience in space propulsion.
Cornerstone VC operates as a venture capital firm.
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- Industry: Software, Artificial Intelligence, Apps
- Stage:Seed, Pre-Seed, Series A
- Geography: United Kingdom, Portugal, United States
Investor stats
- Total investments: 17
- Round size: Seed $1.5M–$4.3M; Pre-Seed $1.7M–$5M; Series A $7.4M–$25M
- Lead/follow: 41% lead, 59% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Capsa AI — Providing next-generation investors with a competitive edge.
- Evaro — Add prescription healthcare to your platform in days, not years. Complete healthcare integration with regulatory compliance, clinical oversight, and fulfilment.
- Smart Bricks — An applied AI lab building the intelligence layer for global real estate investing. Underwriting and portfolio decisions grounded in verified transactions.
Build Collective is an investment company.
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- Industry: Artificial Intelligence, Sensor, Hardware
- Stage:Series A, Series C, Series B
- Geography: United States, Spain, France
Investor stats
- Total investments: 5
- Round size: Series A $25M–$50M; Series C $20M–$70M
- Lead/follow: 20% lead, 80% follow
Portfolio highlights
- Nabla — Nabla is the leading ambient AI assistant, reducing practitioner burn-out and improving patient care.
- Quibim — Quibim builds AI tools that turn MRI, CT and PET data into actionable predictions for hospitals and biopharma. Trusted in 230+ centers worldwide.
- Anello Photonics — Anello Photonics is a technology company developing a silicon photonic optical gyroscope to navigate, position, and motion track autonomous applications in challenging GPS-jammed and spoofed environments. The company's technology portfolio spans over 28 issued patents, and over 44 pending patents, and includes an AI-based sensor fusion engine.It serves the robotics, defense, construction, agriculture, and autonomous vehicles industries.
Bombyx Capital Partners is an investment firm.
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- Industry: Fashion, Sensor, Hardware
- Stage:Series A, Series B
- Geography: United Kingdom, United States
Investor stats
- Total investments: 3
- Round size: Series A $11M–$25M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Reflaunt — Reflaunt empowers brands with the technology to embrace circular fashion. The allows brand's customers to put back on sale their past purchases without ever leaving the brand ecosystem rewards them with brand shopping credits
- Colorifix — Colorifix is a biotechnology company that has pioneered the first entirely biological process to produce, deposit and fix pigments onto textiles. Using a synthetic biology approach, it offers a radically different solution to incumbent dyeing technologies that entirely cuts out the use of harsh chemistry and leads to huge reductions in waterconsumption. Colorifix’s investors include Cambridge Enterprise, H&M, Mills Fabrica, Primera Impact and Sagana, whose collective backing is funding its expansion. For more information, visit www.colorifix.com
- Smartex.ai — Smartex provides 100% automated real-time inspection for Circular Knitting Machines. Identify defects as they happen, so that you can quickly address the issue & keep your production running.
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Browse database — It's Free!We believe that equality multiplies.
Show more...Investment focus
- Industry: Artificial Intelligence, Pet, SaaS
- Stage:Pre-Seed, Series A, Seed
- Geography: United States, India, Portugal
Investor stats
- Total investments: 5
- Round size: Pre-Seed $1M–$1.5M; Series A $5M–$25M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Augusta Labs — Transforming businesses using AI.
- Smartex.ai — Smartex provides 100% automated real-time inspection for Circular Knitting Machines. Identify defects as they happen, so that you can quickly address the issue & keep your production running.
- Stance Health — Evidence-backed Orthopaedic Rehab in Bangalore. Medical science & technology tailored for your performance and recovery. ACL, knee, back, running, sports rehab.
Oxy is the company the first Private Equity in Portugal to create a co-investment program at the company level.
Show more...Investment focus
- Industry: Software, Personal Health, VoIP
- Stage:Private Equity, Series A, Series E
- Geography: Portugal, Spain, United States
Investor stats
- Total investments: 9
- Round size: Private Equity $8.6M–$12M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- Feedzai — Stop financial crime before it happens. Feedzai's AI-powered platform detects and prevents fraud, money laundering, and other risks across all channels.
- Automaise — AI Agents that automate, assist, and accelerate customer service operations. See how Automaise helps enterprise teams resolve more, escalate less, and deliver results within weeks.
- 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.
Hiero is a holding company that has developed, invested in, and contributed to dozens of early-stage ventures.
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- Industry: Software, Compliance, Marketplace
- Stage:Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 1
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- Checkfirst — Create AI-powered inspection workflows that collect and verify on-site data, effortlessly.
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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- 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.
We support innovative tech ventures to unlock its potential by providing smart funding and hands-on advisory.
Show more...Investment focus
- Industry: Software, Health Care, Biotechnology
- Stage:Seed, Venture - Series Unknown
- Geography: Portugal, Spain, Brazil
Investor stats
- Total investments: 15
- Round size: Seed $476k–$3.1M
- Lead/follow: 7% lead, 93% follow
Portfolio highlights
- Zen8 — Explore Connected Swim Training at zwim.com. Smart Swim Trainer + data + immersive game = real swim power. Train at home, get faster in the water. Join the waitlist now.
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
- PFx Biotech — PFx Biotech transforms food through bioinnovation by creating sustainable and nutritional alternative protein solutions.
Manufacturing VC funding in Portugal at a glance
Stats across 80 deals from 53 investors.
Access all 53 VC funds in Portugal Manufacturing startups.
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