# Social Innovation Fund (Portugal)

> Social Innovation Fund (Portugal) is a VC fund backing Medical and Health Care. See 3 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Nov 2021
- Lead investor: 0%
- Last updated: Sep 2026
- Website: https://www.fis.gov.pt/en/

Social Innovation Fund (Portugal) is a VC fund focused on Medical and Health Care. The Social Innovation Fund (SIF) is a public policy instrument to boost impact investment in Portugal. It aims at fostering and supporting social innovation and social entrepreneurship initiatives that offer innovative, impactful and sustainable solutions to tackle societal problems.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.1M–$2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Medical | 1 | 33% |
| Health Care | 1 | 33% |
| Social Impact | 1 | 33% |
| Medical Device | 1 | 33% |
| Social Network | 1 | 33% |

6 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 67% |
| Series A | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Portugal | 1 | 33% |
| United Kingdom | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Knokcare | Knok is an app-based healthcare platform offering patients a holistic solution for their health through a combination of AI chatbots, video calls, face to face appointments at home, and integration with hospitals in one single application. This solution is convenient for the patient and efficient for the health system: the AI chatbot helps patientsself-assess their condition and directs the patient within the app to a video appointment or a face to face appointment. If the issue is serious enough, knock will direct the patient to the hospital. | $4.9M | Series A | Nov 25, 2021 | http://www.knokcare.com |
| Knokcare | Knok is an app-based healthcare platform offering patients a holistic solution for their health through a combination of AI chatbots, video calls, face to face appointments at home, and integration with hospitals in one single application. This solution is convenient for the patient and efficient for the health system: the AI chatbot helps patientsself-assess their condition and directs the patient within the app to a video appointment or a face to face appointment. If the issue is serious enough, knock will direct the patient to the hospital. | $2M | Seed | Nov 02, 2020 | http://www.knokcare.com |
| WeChangers | WeChangers is a messaging and community platform that connects funders and social purpose organizations. The platform is providing tools, stories, and up-to-date data on the World Changers, increasing market insights and networking opportunities. WeChangers was established in 2019 and is based in Porto, Portugal. | $1.1M | Seed | May 10, 2020 | https://wechangers.org |

3 of 3 investments shown.

## Co-investors
- [MSM](https://shizune.co/investors/profile/msmfund) — VC Fund, 3 deals together
- [Armilar Venture Partners](https://shizune.co/investors/profile/espirito-santo-ventures) — VC Fund, 2 deals together
- NOS — VC Fund, 1 deal together
- [PME Investimentos](https://shizune.co/investors/profile/pme-investimentos) — VC Fund, 1 deal together
- [RYSE Asset Management](https://shizune.co/investors/profile/ryse-asset-management) — VC Fund, 1 deal together
- [Spex Capital](https://shizune.co/investors/profile/spex-capital) — VC Fund, 1 deal together

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### Similar country
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## Featured in investor lists
- [Social Network Investors in Portugal](https://shizune.co/investors/social-network-investors-portugal)
- [Social Network VC Funds in Portugal](https://shizune.co/investors/social-network-vc-funds-portugal)

## FAQ

### What does Social Innovation Fund (Portugal) invest in?

Social Innovation Fund (Portugal) invests primarily in Medical, Health Care and Social Impact startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in Portugal. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Social Innovation Fund (Portugal)'s check size?

Social Innovation Fund (Portugal) typically joins rounds of $1.1M–$2M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Social Innovation Fund (Portugal) participates in.

### When did Social Innovation Fund (Portugal) last invest?

The most recent investment recorded for Social Innovation Fund (Portugal) closed in Nov 2021. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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