# Startup Lisboa

> Startup Lisboa is a VC fund in Lisboa backing Software and SaaS. See 52 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Lisboa, Portugal
- Total investments: 52
- Last investment: May 2023
- Lead investor: 92%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/startup-lisboa/
- X (Twitter): https://twitter.com/STARTUPLISBOA
- Website: http://www.startuplisboa.com/
- Facebook: https://www.facebook.com/STARTUPLISBOA

Startup Lisboa is a VC fund in Lisboa focused on Software and SaaS. Startup Lisboa supports the creation of companies and track their first years of activity. Founded in 2011 by the Lisbon Municipality, Bank Montepio and IAPMEI – Portuguese Agency for Competitiveness and Innovation IP, it's a private non-profitable association that provides entrepreneurs and companies office space as well as a supportstructure. Mentoring, link to strategic partners, access to investment, help with business basics, networking activities, communication.

## Contacts

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

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 11 | 21% |
| SaaS | 8 | 15% |
| E-Commerce | 8 | 15% |
| Internet | 7 | 13% |
| Information Technology | 6 | 12% |

90 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 43 | 83% |
| Pre-Seed | 4 | 8% |
| Grant | 3 | 6% |
| Funding Round | 2 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Portugal | 40 | 77% |
| United Kingdom | 3 | 6% |
| Brazil | 2 | 4% |
| United States | 2 | 4% |
| France | 1 | 2% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Kiko Lumack | Mentor | 6 | https://shizune.co/investors/profile/kiko-lumack |
| Kyle Croyle | Mentor | 0 | — |
| Miguel Fontes | CEO | 0 | — |
| Sean Tierney | Entrepreneur In Residence | 0 | — |
| Sean Tierney | Entrepreneur In Residence | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BettrAds | Our mission is to help every business grow with data ,simplifying dataops and marketing operations with automation. Faster and easy deploying ads with NLP . |  | Seed | May 09, 2023 |  |
| Overstory | Overstory combines AI and advanced satellite imagery to help electric utilities pinpoint and prioritize vegetation risks before they materialize. With Overstory's vegetation intelligence, transmission and distribution operators can make smarter decisions about the vegetation around their power corridors, optimizing resources and improvingoperational efficiency. This helps prevent outages, reduce wildfire risks, and accelerate the transition to a safer, more resilient grid. |  | Seed | Oct 01, 2018 |  |
| Heel Tread | Heel Tread is a brand of socks inspired by man's greatest passions. |  | Seed | Oct 01, 2018 |  |
| Fair Bazaar | Fair Bazaar aims to connect, empower and inspire a global community of conscious, ethical and passionate change-makers. |  | Seed | Sep 01, 2018 |  |
| FrameLink | Today 70% of small companies base their business on spreadsheets. Many need to complement those spreadsheets with other sources and online services (sending emails, SMSs, payments etc). FrameLink is a platform that non-technical business owners can use to create/modify a management system for their companies on any device. From a singleplace, they can collect data, synchronize meetings, send personalized emails and SMSs, issue receipts and receive payments while integrating with their online accounting. FrameLink is easily adjustable to their business changes, simplifying their life. |  | Seed | Sep 01, 2018 |  |
| Live Electric Tours | Live Electric Tours is a self-drive experience in 100% electric vehicles for tourists. | $1.1M | Seed | Aug 31, 2018 |  |
| Prodto | Prodto is a digital grocery and delivery service connecting consumers directly to producers through an intelligent platform, powered by community curation. |  | Seed | Aug 01, 2018 |  |
| Heptasense | Security is nowadays a trending subject as more and more countries start to feel the effects of terrorist attacks. Since the beginning of the millennium more than 200.000 people have died and more than 285 Billion dollars were spent because of this problem. This happens frequently because security infrastructure is still 100% monitored by humans.The usual scenario is having one person looking to dozens of tiny screens to detect threats or suspicious behaviors. Yes, that’s how security systems look like in 2017. We are not secure, because humans can’t do a proper analysis of what’s happening in real-time, despite the existence of advance monitoring infrastructure. Heptasense is a cloud-based platform that unlocks the full potential of security cameras to improve security, management, sales and create better customer profiles. Companies can use Heptasense to recognize hand gestures, track people, create heat maps of motion in a space, interaction maps and recognize Human behavior (suspicious behavior, running, smoking, eating, falling, stealing) and physical metrics (age, gender, size). Such information could be used for real-time decision making or be organized in a dashboard owned by the company. |  | Pre-Seed | Jun 01, 2018 |  |
| Pitaya | Pitaya provides a hospitality operating system for a new breed of hotels. |  | Seed | Jun 01, 2018 |  |
| Trendiamo | Our solution to personalize and "humanize"​ e-commerce to a level that you only find in good offline stores is a user interaction based plug-in, completely customizable, that allows you to bring real human connection to your website and guide your customers through your supply.Tailored by our tech team, ready to fit many needs of alltypes and sizes of brands, we provide that tool allowing them to systematically integrate sellers and promoters on their website to bring e-com to a new level. |  | Seed | Jun 01, 2018 |  |

10 of 52 investments shown.

## Co-investors
- [Portugal Ventures](https://shizune.co/investors/profile/portugal-ventures) — VC Fund, 1 deal together
- [Rising Ventures](https://shizune.co/investors/profile/rising-ventures) — VC Fund, 1 deal together
- [Seedrs](https://shizune.co/investors/profile/seedrs) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Startup Lisboa invest in?

Startup Lisboa invests primarily in Software, SaaS and E-Commerce startups, most often at Seed and Pre-Seed stage. Most of the 52 investments tracked by Shizune back companies in Portugal. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Startup Lisboa?

Public channels for Startup Lisboa 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 Startup Lisboa?

The team at Startup Lisboa includes Kiko Lumack (Mentor), Kyle Croyle (Mentor) and Miguel Fontes (CEO). 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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