# Armilar Venture Partners

> Armilar Venture Partners is a VC fund backing Software. See 115 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Lisboa, Portugal
- Total investments: 115
- Last investment: Aug 2026
- Lead investor: 37%
- Fund size: $53M
- Last fund: Feb 2019
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/armilar
- X (Twitter): https://twitter.com/armilarvp
- Website: http://www.armilar.com/en/

Armilar Venture Partners is a venture capital firm, with near 300 million euros of assets under management, represented by worldwide companies with innovative products and services that are improving our world, the way we live, and the way we do business.

## Contacts

5 contacts available for Armilar Venture Partners. Shizune tracks 11 team members at Armilar Venture Partners. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/espirito-santo-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $520k–$3.8M |
| Series A | $4M–$17M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 18 | 16% |
| Information Technology | 18 | 16% |
| Artificial Intelligence | 14 | 12% |
| Manufacturing | 9 | 8% |
| SaaS | 7 | 6% |

128 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 30 | 26% |
| Series A | 29 | 25% |
| Funding Round | 12 | 10% |
| Series B | 10 | 9% |
| Series C | 4 | 3% |

10 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Portugal | 38 | 33% |
| United States | 19 | 17% |
| United Kingdom | 5 | 4% |
| Spain | 4 | 3% |
| France | 2 | 2% |

12 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| María Carmo Coutinho | Senior Associate | 0 | https://shizune.co/investors/profile/m-carmo-coutinho |
| Pedro Almeida | Venture Capital Investor | 1 | https://shizune.co/investors/profile/pedro-almeida-4 |
| Vitor Martins | Senior Associate | 0 | https://shizune.co/investors/profile/vitor-martins |
| Ana Barros | Personal Assistant | 0 | https://shizune.co/investors/profile/ana-barros |
| Duarte Mineiro | Partner | 16 | https://shizune.co/investors/profile/duarte-mineiro |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Neuraspace | Neuraspace's proprietary AI technology enables more accurate satellite collision risk prediction and, by applying a data fusion strategy, offers increased robustness and resilience. The platform also automates many of the current manual processes and communications and delivers an end-to-end solution, providing operators with actionableorbital maneuver recommendations to avoid collisions, while delivering valuable insights to various other stakeholders including regulators, insurers and other Space-asset dependent businesses. | $6.9M | Series A | Aug 05, 2026 |  |
| DOJO AI | Dojo AI is pioneering the Marketing Operating System (MOS) category, providing challenger brands with enterprise-grade marketing infrastructure. Its proprietary technology combines real-time market intelligence, specialized AI agents, and automated workflow orchestration in one unified platform.The Dojo MOS enables marketing teams to run theirentire operation - from market research and strategy to content creation and campaign execution - through a single, intelligent system. The platform features a proprietary graph engine for real-time market intelligence, marketing-specific language models, and autonomous AI agents trained for specialized marketing tasks.Built for challenger brands looking to compete more effectively, Dojo eliminates the need for multiple point solutions and reduces dependency on external agencies. The platform continuously learns and optimizes, providing companies with compounding advantages as they scale their marketing operations. | $6M | Seed | Apr 22, 2026 |  |
| 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. | $2.3M | Seed | Mar 25, 2026 |  |
| Trendtracker | Trendtracker is an innovative AI-powered strategic and foresight intelligence tool. | $6.9M | Series A | Dec 10, 2025 |  |
| Sword Health | SWORD Health is a digital musculoskeletal (MSK) therapy provider. The company pairs licensed physical therapists with innovative technology to help people overcome their chronic and post-surgical pain faster and more cost-effectively. We’re on a mission to free two billion people from pain by making it simple for people to recover at home, withoutresorting to imaging, surgeries, or opioids. Since launching in 2015, SWORD Health has worked with insurers, health systems, and employers in Europe, Australia, and the U.S. to give thousands of people access to preventative, chronic, and post-surgical MSK care that gets results. SWORD Health has offices in New York City, Chicago, Salt Lake City, Sydney, and Porto. | $40M |  | Jun 17, 2025 |  |
| Automaise | Automaise provides artificially intelligent virtual employees for customer service. Automaise offers a growing portfolio of virtual employees ready to be hired for various business verticals and tasks/processes. | $5.4M | Series A | Mar 24, 2025 |  |
| Coreflux | Coreflux is a leading Internet of Things (IoT) platform that specializes in providing seamless integration, advanced data management, and automation solutions for businesses across various industries. Established in 2022, Coreflux empowers organizations to connect, manage, and optimize their devices and data infrastructure, ensuring operationalefficiency and scalability. The platform's unique features, such as its MQTT brokers and Flux domain-specific language (DSL), enable the creation of complex event-driven workflows tailored to specific business needs. With a focus on security, scalability, and flexibility, Coreflux is the go-to solution for businesses looking to leverage IoT technology to drive innovation and growth | $1.2M | Seed | Feb 01, 2025 |  |
| Equall | Equall offers legal AI systems to help companies and lawyers evaluate and control risk. |  | Seed | Jan 01, 2025 |  |
| Equall | Equall offers legal AI systems to help companies and lawyers evaluate and control risk. |  | Seed | Jan 01, 2025 |  |
| Cintoo | Cintoo develops technologies and solutions for managing and leveraging the 3D data coming from Reality Capture devices in the cloud. Cintoo has developed a unique point cloud-to-surface technology that translates data from terrestrial laser scanners into a new generation Reality Data that is versatile, collaborative, distributable, streamable andefficient. This technology is embedded into Cintoo Cloud ™ , a laser scanning hardware and BIM platform agnostic cloud-based platform. | $40.2M | Series B | Nov 04, 2024 |  |

10 of 115 investments shown.

## Co-investors
- [Portugal Ventures](https://shizune.co/investors/profile/portugal-ventures) — VC Fund, 12 deals together
- [Shilling VC](https://shizune.co/investors/profile/shilling-capital-partners) — VC Fund, 12 deals together
- [Faber](https://shizune.co/investors/profile/faber-ventures) — VC Fund, 9 deals together
- [K Fund](https://shizune.co/investors/profile/kfund) — VC Fund, 7 deals together
- [Bright Pixel Capital](https://shizune.co/investors/profile/sonae-im) — VC Fund, 7 deals together
- [Caixa Capital](https://shizune.co/investors/profile/caixa-capital-2) — VC Fund, 6 deals together

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## FAQ

### What does Armilar Venture Partners invest in?

Armilar Venture Partners invests primarily in Software, Information Technology and Artificial Intelligence startups, most often at Seed and Series A stage. Most of the 115 investments tracked by Shizune back companies in Portugal. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Armilar Venture Partners's check size?

Armilar Venture Partners typically joins rounds of $520k–$3.8M at Seed and $4M–$17M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Armilar Venture Partners participates in.

### How do I contact Armilar Venture Partners?

Public channels for Armilar Venture Partners include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Armilar Venture Partners?

The team at Armilar Venture Partners includes María Carmo Coutinho (Senior Associate), Pedro Almeida (Venture Capital Investor) and Vitor Martins (Senior Associate), among 11 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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