# MSM

> MSM is a VC fund in Lisbon backing Information Technology and E-Commerce. See 54 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Lisbon, Portugal
- Total investments: 54
- Last investment: May 2026
- Lead investor: 31%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mustard-seed-maze/
- X (Twitter): https://twitter.com/msmfund
- Website: https://mustardseedmaze.vc/

MSM is a 45M€ early-stage impact VC fund. We invest in brave founders solving the world’s biggest social and environmental challenges.

## Contacts

5 contacts available for MSM. Shizune tracks 6 team members at MSM. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/msmfund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.3M–$4.8M |
| Pre-Seed | $244k–$3M |
| Series A | $4.1M–$52M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 7 | 13% |
| E-Commerce | 5 | 9% |
| B2B | 4 | 7% |
| FinTech | 4 | 7% |
| Software | 4 | 7% |

61 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 25 | 46% |
| Pre-Seed | 12 | 22% |
| Series A | 7 | 13% |
| Funding Round | 3 | 6% |
| Venture - Series Unknown | 2 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 16 | 30% |
| Portugal | 6 | 11% |
| Germany | 5 | 9% |
| Spain | 3 | 6% |
| France | 3 | 6% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alexander Pitt | Partner | 0 | https://shizune.co/investors/profile/alexander-pitt |
| Ana Pinheiro Operations and Compliance Manager | Operations and Compliance Manager | 0 | https://shizune.co/investors/profile/ana-pinheiro-operations-and-compliance-manager |
| Antonio Miguel | Managing Partner | 7 | https://shizune.co/investors/profile/antonio-miguel |
| Cristina Almeida | Head of Platform | 0 | https://shizune.co/investors/profile/cristina-almeida |
| Henry Wigan | Managing Partner | 4 | https://shizune.co/investors/profile/henry-wigan |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pollen | Pollen is developing a universal battery-swapping network for mopeds and motorcycles, enabling riders to quickly exchange depleted batteries for fully charged ones, reducing downtime and supporting efficient, scalable electric mobility in urban environments. | $3.8M | Seed | May 07, 2026 |  |
| Biorce | Biorce is an innovating HealthAI startup committed to transforming drug development through the use of artificial intelligence. | $52M | Series A | Feb 02, 2026 |  |
| Win-Win | WNWN is a fermentation food tech company that creates delicious harm-free, guilt-free alternative ingredients that are better for the planet and its people. | $4.1M | Series A | Jul 23, 2025 |  |
| Goparity | GoParity is an online savings and investment platform that uses a P2P business model to simplify investment and allow citizens and companies to get a decent return on their sustainable loans. Citizens and companies invest their funds in projects they believe in to generate economic, social and environmental impact.We are driving the transitiontowards a more sustainable and inclusive economic system, making investment in sustainable solutions accessible to all, from citizens to small enterprises. Join us @ www.goparity.com | $3.3M |  | May 02, 2025 |  |
| Superflows | Superflows enables users to add AI copilots to their product in a few lines of code. Deploy an AI user assistance agent in a day, letting users get answers and take actions through chat. |  | Seed | Jan 01, 2025 |  |
| Biorce | Biorce is an innovating HealthAI startup committed to transforming drug development through the use of artificial intelligence. | $3.7M | Seed | Nov 14, 2024 |  |
| Maven Pet | Maven is a SaaS pet tech startup that provides a personal vet to track the pet’s safety and health 24/7.It focuses on using technology to improve the quality of life for pets, as well as offering pet owners peace of mind and a way to keep track of their pet's safety, health, and well-being on a continual basis through their own personalveterinarian.It was started by the founders of Findster Technologies in 2021 and is based in Porto, Portugal. | $4.4M | Pre-Seed | Sep 05, 2024 |  |
| Samara | Samara is a solar energy company that helps households transition to a more sustainable energy model. Solar energy services are provided by the company, which includes solar panels, batteries, and chargers. With Samara, consumers can save up to 70% on their electricity bill while taking care of the planet. | $12.5M | Series A | Jun 04, 2024 |  |
| UpLink | UpLink is a Telecommunications company that empowers the spread of The Collective Network farther, faster, and cheaper.UpLink believes that connectivity is a human right, an enabler of growth, and an equalizer of opportunities. They envision a world where the Internet is more accessible, inclusive, and affordable. Founded by Carlos Lei Santosand Andre Francisco in 2016 and is located in New York, NY. | $10M | Venture - Series Unknown | Apr 11, 2024 |  |
| UpHill | The pathway to the best care | $7.6M | Series A | Mar 18, 2024 |  |

10 of 54 investments shown.

## Co-investors
- [Seedcamp](https://shizune.co/investors/profile/seedcamp) — VC Fund, 9 deals together
- [Armilar Venture Partners](https://shizune.co/investors/profile/espirito-santo-ventures) — VC Fund, 5 deals together
- [Brighteye Ventures](https://shizune.co/investors/profile/brighteye-ventures) — VC Fund, 4 deals together
- [Critical Software](https://shizune.co/investors/profile/critical-software) — VC Fund, 4 deals together
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund, 4 deals together
- [FoodLabs](https://shizune.co/investors/profile/atlantic-food-lab) — VC Fund, 3 deals together

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## FAQ

### What does MSM invest in?

MSM invests primarily in Information Technology, E-Commerce and B2B startups, most often at Seed and Pre-Seed stage. Most of the 54 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is MSM's check size?

MSM typically joins rounds of $1.3M–$4.8M at Seed, $244k–$3M at Pre-Seed and $4.1M–$52M 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 MSM participates in.

### How do I contact MSM?

Public channels for MSM 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 MSM?

The team at MSM includes Alexander Pitt (Partner), Ana Pinheiro Operations and Compliance Manager (Operations and Compliance Manager) and Antonio Miguel (Managing Partner), among 6 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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