Pathena
VC Fund
Porto, Portugal
Pathena is an investment firm engaged on boosting the success of information technology and digital biomedical companies.
- Total investments:
- 17
- Last investment:
- Lead investor:
- 59%
- Fund size:
- $74M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries Pathena invests in
Health CareArtificial IntelligenceSoftwareB2BMarketing
Stages Pathena invests in
SeedSeries AVenture - Series UnknownSeries CSeries B
Countries Pathena invests in
PortugalFinlandGermanyUnited KingdomThe Netherlands
Round sizes
Seed $1.5M–$3.7MSeries A $2.7M–$30M
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $1.5M–$3.7M
- Series A
- $2.7M–$30M
Investment Focus
Industry
- Health Care 5 (29%)
- Artificial Intelligence 4 (24%)
- Software 3 (18%)
- B2B 2 (12%)
- Marketing 2 (12%)
Stage
- Seed 5 (29%)
- Series A 5 (29%)
- Venture - Series Unknown 3 (18%)
- Series C 2 (12%)
- Series B 1 (6%)
Country
- Portugal 8 (47%)
- Finland 2 (12%)
- Germany 2 (12%)
- United Kingdom 1 (6%)
- The Netherlands 1 (6%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Antonio Murta
Co-Founder & Managing Partner
|
Co-Founder & Managing Partner | Total investments: 2 | Find email | |
Vitor Dinis
Co-Founder, Managing Partner, & CFO
|
Co-Founder, Managing Partner, & CFO | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Heathplus.ai re-uses electronic health record data to predict complications after surgery. This enables health care professionals to be more proactive in their delivery of surgical care. It reduces the impact of complications, improves outcomes and reduces cost. | $2.7M / Nov 27, 2025 | ||
| NVision is pioneering a new generation of quantum systems designed to bring quantum computing and quantum sensing out of the lab and into the real world, transforming how diseases are understood, detected, and treated.We engineer and control the quantum properties of organic molecules, integrating molecular design and quantum hardware intoscalable products.Our POLARIS platform uses quantum-based hyperpolarization to enable real-time metabolic MRI with more than 10,000x signal enhancement, supporting non-invasive, early-stage disease detection and treatment monitoring.In 2026, we introduced PIQC (Photonic Integrated Quantum Circuits), a fundamentally new quantum computing architecture that combines molecular qubits with photonic integrated circuits to enable scalable biological modeling and next generation drug discovery.At NVision, we see these technologies converging into a new “compute and validate” paradigm, where quantum systems are used both to design therapies and to measure their biological impact. | $30M / Series A / Jun 22, 2023 | ||
| Promptly is a Health Data Analytics company, collecting, integrating and analyzing data on the outcomes of care. Promptly develops proprietary technology for patient engagement, real-world data collection, and outcomes analytics, discovering digital biomarkers on important symptoms, adverse effects and treatment outcomes, using different sources ofdata. In partnership with some of the most visionary, forward-looking healthcare organizations, the company leverages this health data to promote better healthcare at lower costs for thousands of patients every day. | $3.7M / Seed / Jun 01, 2021 | ||
| AI4MedImaging develops AI models for medical imaging. | Seed / Jan 01, 2021 | ||
| UN1Qnx provides solutions for brand protection and product authentication. | Seed / Jan 01, 2021 | ||
| • Bizay has empowered more than 1 Million SMB’s to grow their businesses during the last 5 years.• Bizay is a tech-based B2B Marketplace for made-to-order products. Running a fabless business model (no capex), it leverages on the idle capacity of production partners to meet the needs of the SMB’s.• Started on printing, packaging, textile andprofessional products and now applying the same model in furniture, food and 3D printing (amongst others).• 360imprimir / 360onlineprint - rebranded to Bizay - Your bussiness your way - to reflect the unlimited product categories. • Bizay is the customer facing brand (the SMB’s do not meet the production partners) and its tech platform manages the production by: o Using data and algorithms to aggregate different orders and to decide in which suppliers to produce them, driving huge efficiency and speed gains. o Enabling full tracking of the orders in the different production partners and automating pre-production processes.• Bizay differentiates themselves from other players by offering: o Online configuration of the products (options to customize and personalize). o Competitive pricing for small and medium orders (similar price per unit as for large orders), 48 hours of delivery time (instead of several weeks) and guaranteed quality (customer-facing brand ensuring high quality levels). o Integrated value chain in a single offer (on-demand design services provided by external providers).• Originally selling in Portugal, Spain, Brazil and México, the company raised B round of 18m€ one year ago (communicated in April) in order to launch new countries.• 17 new countries were launched in 2019 simultaneously (including DE, FR, UK and USA).• In 2019, 8 months of trading in the new countries confirm: o Competitiveness pricing of their offer in all the market. o Market deepness and sound acquisition metrics. | $38.6M / Series C / Dec 03, 2020 | ||
| 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 | $38.9M / Series C / Dec 03, 2020 | ||
| 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 | $20.2M / Series B / Apr 05, 2019 | ||
| HUUB is a logistics and tech platform for Fashion brands.It supports all sales channels: eCommerce, wholesale, own and franchising stores and marketplaces. Combines tracking, returns and customer support services to deliver a distinctive customer experience. Also provides seamless integrations with eCommerce platforms and shipping providers tocreate an ecosystem that simplifies hard and manual processes.HUUB's global presence is shown by the number of brands quickly acquired across the globe. More than 30 brands, from 3 continents, in Fashion & eCommerce industries, already have their full supply chain being orchestrated by HUUB.It is a data driven company, being Artificial Intelligence one of the core competences. An optimization model is managing the complex supply chain of its brands. It takes decisions about stock allocation across channels, inventory levels in each Hub/RDC, resources and capacity allocation in the network. HUUB applies Machine Learning models to do forecasting and logistics operations, p.e. pack set optimization. | $2.9M / Seed / May 26, 2018 | ||
| Klinik® is an innovative health website designed from the very beginning to meet the needs of users. They offer advanced tools for consumers to identify their conditions and to treat them properly, and if needed, they connect them with matching health professionals. It’s a unique platform for health experts to show their true expertise toconsumers. Main characteristics of their offering are:1) Easy access to qualified and reliable health and medical information2) Helping people to identify their conditions3) Providing people valid evidence-based info on self care4) Integrating professional healthcare providers with users requesting additional medical. | $2.7M / Series A / May 18, 2018 | ||
| See all 17 investments → | |||
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FAQ
What does Pathena invest in?
Pathena invests primarily in Health Care, Artificial Intelligence and Software startups, most often at Seed and Series A stage. Most of the 17 investments tracked by Shizune back companies in Portugal. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Pathena's check size?
Pathena typically joins rounds of $1.5M–$3.7M at Seed and $2.7M–$30M 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 Pathena participates in.
How do I contact Pathena?
Public channels for Pathena include LinkedIn 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 Pathena?
The team at Pathena includes Antonio Murta (Co-Founder & Managing Partner) and Vitor Dinis (Co-Founder, Managing Partner, & CFO). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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