Top 50 SaaS Startup Investors in Portugal (November 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Portugal Ventures
VC Fund
|
168 | Portugal, United States, United Kingdom | Seed, Venture - Series Unknown, Pre-Seed | Software, Information Technology, Health Care | $107k–$3.6M |
|
Caixa Capital
VC Fund
|
46 | Portugal, United States, Spain | Seed, Series A, Pre-Seed | Software, Information Technology, Health Care | $108k–$12M |
|
Armilar Venture Partners
VC Fund
|
40 | Portugal, United States, United Kingdom | Seed, Series A | Software, Information Technology, Artificial Intelligence | $520k–$17M |
|
Shilling VC
VC Fund
|
38 | Portugal, Spain, United States | Seed, Pre-Seed, Series A | Information Technology, Software, Artificial Intelligence | $125k–$20M |
|
LC Ventures
VC Fund
|
26 | Portugal, United Kingdom, United States | Seed, Pre-Seed, Series A | Information Technology, Software, Artificial Intelligence | $12k–$12M |
|
Olisipo Way
VC Fund
|
24 | Portugal, Germany, Lithuania | Seed, Pre-Seed, Venture - Series Unknown | Software, Information Technology, Analytics | $118k–$5.3M |
|
Lince Capital
VC Fund
|
20 | Portugal, United Kingdom, United States | Seed, Venture - Series Unknown, Series A | Artificial Intelligence, Hospitality, Information Technology | $859k–$31M |
|
Faber
VC Fund
|
20 | Portugal, Germany, United Kingdom | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, SaaS | $121k–$25M |
|
Bright Pixel Capital
VC Fund
|
18 | United States, Portugal, Israel | Series A, Series B, Seed | Software, Information Technology, SaaS | $1.2M–$35M |
|
EDP Ventures
VC Fund
|
18 | United States, Portugal, Brazil | Seed, Series A, Venture - Series Unknown | Software, Energy, Information Technology | $530k–$14M |
|
Bynd Venture Capital
VC Fund
|
17 | Portugal, Spain, United Kingdom | Seed, Pre-Seed, Series A | Software, SaaS, Artificial Intelligence | $552k–$50M |
|
Iberis Capital
VC Fund
|
16 | Portugal, United States, Spain | Seed, Series A, Pre-Seed | Software, Information Technology, Artificial Intelligence | $107k–$23M |
|
HCapital Partners
VC Fund
|
14 | Portugal, Italy, Spain | Seed, Venture - Series Unknown, Series A | Software, Power Grid, Information Technology | $1.1M–$15M |
|
REDangels
VC Fund
|
13 | Portugal, United States, Poland | Seed, Pre-Seed, Angel | Information Technology, Mobile, Machine Learning | $11k–$1.6M |
|
Indico Capital Partners
VC Fund
|
13 | Portugal, United States, Spain | Seed, Series A, Pre-Seed | Information Technology, E-Commerce, B2B | |
|
SOSV
VC Fund
|
11 | United States, China, Canada | Seed, Convertible Note, Pre-Seed | Biotechnology, Health Care, Software | $25k–$5M |
|
Start Ventures
VC Fund
|
10 | Portugal, United States, United Kingdom | Seed, Series A, Venture - Series Unknown | InsurTech, Software, Artificial Intelligence | $940k–$17M |
|
COREangels Lisbon
VC Fund
|
10 | Portugal, United Kingdom, Finland | Pre-Seed, Seed, Angel | Artificial Intelligence, Software, Information Technology | $83k–$2.7M |
|
Explorer Investments
VC Fund
|
10 | Portugal, Spain, Brazil | Private Equity, Seed, Venture - Series Unknown | Manufacturing, Information Technology, Retail | $1.7M–$21M |
|
Best Horizon
VC Fund
|
9 | Portugal, United States, United Kingdom | Seed, Pre-Seed, Series A | Information Technology, Mobile, E-Commerce | $100k–$10M |
|
WISENEXT
VC Fund
|
9 | Portugal, United States | Seed, Pre-Seed, Series A | Software, Apps, SaaS | $100k–$1.8M |
|
BlueCrow Capital
VC Fund
|
8 | Portugal, United Kingdom, Spain | Seed, Venture - Series Unknown, Series A | Information Technology, Manufacturing, SaaS | $697k–$18M |
|
Beta Capital
VC Fund
|
8 | Portugal, Spain, Brazil | Seed, Venture - Series Unknown | Software, Biotechnology, Health Care | $592k–$3.1M |
|
Buenavista Equity Partners Portugal
VC Fund
|
8 | Portugal, France, Germany | Seed, Venture - Series Unknown, Pre-Seed | Software, Artificial Intelligence, Health Care | $1.5M–$38M |
|
Brpx
VC Fund
|
8 | Portugal, United States, Spain | Seed, Pre-Seed, Series A | Software, SaaS, Information Technology | $348k–$15M |
|
Pathena
VC Fund
|
7 | Portugal, Finland, Germany | Seed, Series A, Venture - Series Unknown | Health Care, Software, Artificial Intelligence | $1.5M–$30M |
|
COREangels
VC Fund
|
7 | Spain, United States, Portugal | Seed, Pre-Seed, Series A | Software, Information Technology, Health Care | $124k–$17M |
|
Demium Capital
VC Fund
|
7 | Spain, Portugal, Poland | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence | $110k–$3.1M |
|
Semapa Next
VC Fund
|
7 | Portugal, United Kingdom, Germany | Series A, Seed, Pre-Seed | Software, Artificial Intelligence, SaaS | $222k–$32M |
|
TheVentureCity
VC Fund
|
6 | United States, Spain, Brazil | Seed, Series A | Software, Artificial Intelligence, SaaS | $100k–$18M |
|
Innovation Nest
VC Fund
|
6 | Poland, United States, Germany | Seed, Series A, Pre-Seed | Software, SaaS, Information Technology | $20k–$10M |
|
Join Capital
VC Fund
|
6 | Germany, United Kingdom, The Netherlands | Seed, Series A, Venture - Series Unknown | Software, Artificial Intelligence, Manufacturing | $1.1M–$27M |
|
Alpac Capital
VC Fund
|
5 | Portugal, Hungary | Venture - Series Unknown, Series A, Series C | Information Technology, EdTech, Software | $2M–$3.9M |
|
SOSV HAX
VC Fund
|
5 | United States, Canada, China | Seed, Convertible Note, Pre-Seed | Robotics, Software, Manufacturing | $25k–$4.5M |
|
Notion Capital
VC Fund
|
5 | United Kingdom, United States, Germany | Series A, Seed, Series B | Software, Information Technology, Artificial Intelligence | $1.2M–$66M |
|
Novabase Capital
VC Fund
|
5 | Portugal, United States | Seed, Pre-Seed | Software, Information Technology, Analytics | $576k–$3M |
|
BrainTrust
VC Fund
|
5 | Portugal, United States, United Kingdom | Seed, Pre-Seed | Internet, E-Commerce, Digital Media | $34k–$5.9M |
|
Vesalius Biocapital Partners
VC Fund
|
5 | Belgium, Germany, The Netherlands | Series A, Series B, Series C | Biotechnology, Health Care, Medical | $3.9M–$100M |
|
Momenta Ventures
VC Fund
|
5 | United States, Switzerland, Canada | Seed, Series A, Series B | Software, Artificial Intelligence, Industrial Automation | $1M–$60M |
|
PRIMAVERA Business Software Solutions
VC Fund
|
4 | Portugal | Seed, Pre-Seed | Software, Wellness, Nutrition | $124k–$5M |
|
Antler
VC Fund
|
4 | United States, Singapore, Australia | Pre-Seed, Seed, Series A | Software, Artificial Intelligence, Information Technology | $100k–$29M |
|
APX
VC Fund
|
4 | Germany, United Kingdom, United States | Pre-Seed, Seed, Series A | Software, SaaS, Artificial Intelligence | $55k–$15M |
|
MSM
VC Fund
|
4 | United Kingdom, Portugal, Germany | Seed, Pre-Seed, Series A | Information Technology, E-Commerce, B2B | $244k–$52M |
|
Savvy Capital Partners
VC Fund
|
4 | Portugal, Spain, United Kingdom | Seed, Pre-Seed | Apps, E-Commerce, Marketplace | $120k–$2.2M |
|
OW Ventures
VC Fund
|
4 | Portugal | Pre-Seed | Software, Health Care, B2B | $58k–$58k |
|
APEX Capital
VC Fund
|
4 | United States, Portugal, United Kingdom | Seed, Series A, Pre-Seed | Sports, Artificial Intelligence, Media and Entertainment | $611k–$25M |
|
M4 Ventures
VC Fund
|
4 | Portugal, United Kingdom, United Arab Emirates | Seed, Series A, Venture - Series Unknown | SaaS, Beauty, FinTech | $2.1M–$5.3M |
|
200M
VC Fund
|
4 | Portugal, Brazil, France | Seed, Series A | Health Care, Artificial Intelligence, Apps | $2.7M–$6.5M |
|
AngelsWay
VC Fund
|
4 | Portugal | Seed | EdTech, Software, E-Commerce | $57k–$1.5M |
|
Build Up Labs
VC Fund
|
4 | Portugal, United States | Pre-Seed, Seed | Gaming, iOS, Apps | |
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Verticals:Enterprise, SaaS, Security, Networks, AI, VR/AR, Marketplace, Blockchain, Internet of Things, New materials, Electronics, Robotics, Cleantech, Agrotech, Seatech, Therapeutics, Digital Health, Diagnostics, Innovative Accommodation, Tourist Entertainment Companies, Tour Operators, Wine, Nautical and Equestrian Tourism, Theme Parks Mobile, Robotics Founded in 2012, Portugal Ventures is a venture capital firm based in Porto, Portugal. The firm is a part of the Banco Português de Fomento group. The firm seeks to invest in pre-seed, seed and series A stages
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Venture - Series Unknown, Pre-Seed
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 409
- Round size: Seed $121k–$1.9M; Pre-Seed $107k–$796k; Venture - Series Unknown $121k–$3.6M
- Lead/follow: 16% lead, 84% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- Fetalix — Fetal-inspired solutions for tissue regeneration
- Unlockit — Unlockit will offer to public and governmental bodies the guarantee that everything within a real estate transaction is recorded, meaning better industry regulation, more taxes and public fees collected, and less overall fraud and money laundering activities.
- Outgoing — A ticketing tool that allows organizers to sell tickets directly on WhatsApp and Instagram. Users can purchase tickets through a personalized checkout process entirely within the chat, without registration or redirects. It also offers customer support that answers questions in real time.
Caixa Capital is the Private Equity and Venture Capital arm of banking Group Caixa Geral de Depósitos and has a track record spanning over two decades of activity, since the industry was created in Portugal. It is a leading investor in terms of funds under management, portfolio size and diversity. Caixa Capital´s mission is to invest in funds and companies, led by highly qualified management teams, with high growth and valuation potential, that enable our funds to achieve an attractive risk adjusted return and for society at large to benefit sustainably from our activity. Currently with more than 700 million Euros under management and a portfolio of over 80 investments, Caixa Capital is a reference in this area with special links to the respective European sector associations.
Show more...Investment focus
- Industry: Software, Information Technology, Health Care
- Stage:Seed, Series A, Pre-Seed
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 93
- Round size: Seed $120k–$2.5M; Pre-Seed $108k–$1.7M; Series A $3M–$12M
- Lead/follow: 23% lead, 77% follow
Portfolio highlights
- Growappy — Growappy is an EdTech that offers an all-in-one platform for early education that is leading a vision to unlock personalized education since nursery with the power of AI, while providing a revolutionary communication experience between schools and families and drastically simplifying bureaucracy for teachers and school owners.
- Intuitivo — Intuitivo handles the repetitive part. Teachers focus on what matters: teaching.
- Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
Armilar Venture Partners is Portugal's leading venture capitalist. An independent VC with a 20-year-old history, a high-performance track record and an international footprint, Armilar is a deep-tech investor in ICT, HealthTech and CleanTech.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 120
- Round size: Seed $520k–$3.9M; Series A $4M–$17M
- Lead/follow: 37% lead, 63% follow
- Last fund: Likely actively investing — fresh fund, raised $138M in 2025
Portfolio highlights
- FRANK — FRANK provides an AI assistant software platform designed to automate routine, administrative back-office tasks for insurance agents and brokerages. The platform integrates directly with client communication channels (such as email and WhatsApp) and insurer portals to handle document processing, task execution, and fast quoting.
- Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
- Usawa Care — Usawa is a free digital pediatrician clinic in Portugal. Talk to pediatricians via WhatsApp and get guidance for your child's health.
Shilling is an early-stage venture capital firm backing exceptional founders from the start. Shilling invests in a wide range of verticals and seeks out the biggest opportunities across all B2B and consumer categories. Leveraging the concept of Founder LPs, Shilling brings much more than capital and offers through its Shilling Platform, direct access to successful founders and executives of leading companies. This platform supports entrepreneurs in validating and developing their ventures, which then accelerate their growth into global markets.
Show more...Investment focus
- Industry: Information Technology, Software, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, Spain, United States
Investor stats
- Total investments: 122
- Round size: Seed $274k–$5M; Pre-Seed $125k–$3M; Series A $5M–$20M
- Lead/follow: 20% lead, 80% follow
- Last fund: Likely still investing — raised $49M in 2024
Portfolio highlights
- Tucuvi — Tucuvi is a health technology company unlocking efficient and high-quality healthcare at scale with a CE-marked platform for Phone Consultation Automation. We develop safe and clinically validated Conversational AI for any care pathway, enabling clinical teams to augment their capacities, improve processes’ efficiency and efficacy, and achievebetter patient outcomes and satisfaction through continuous and personalized care.
- Balance — Balance is a private digital health company based in Spain that operates in the clinics and outpatient healthcare services sector. company's core mission is to provide an integrated, medical, and sustainable approach to treating obesity and overweight conditions. Moving away from traditional restrictive diets, the company leverages asubscription-based telehealth model combined with clinical pharmacology.
- Punto Health — Help healthcare and care teams deliver personalised daily support, with cognitive insights and professional monitoring to inform ongoing care.
We’re an early stage European venture capital firm partnering with globally minded founders. We’re supportive, founder focused, and aim to work together with you as a close and collaborative team of independent thinkers. Along with the support of our entire network, each member of our team brings their own personal experience to the table. The first ticket is up to 200K€ and the total investment in a given startup can be up to 1M€. We decide investments quickly, allowing the founders to get back focusing on growing the business. Our team and network of international mentors help young startups to scale quickly and to prepare for the next rounds. Our partners have been investing in tech-based startups since 2000 and have a portfolio of more than 100 companies in the USA, Brazil, The Netherlands, Spain and Portugal.
Show more...Investment focus
- Industry: Information Technology, Software, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, United Kingdom, United States
Investor stats
- Total investments: 65
- Round size: Seed $278k–$4.9M; Pre-Seed $12k–$417k; Series A $5.4M–$12M
- Lead/follow: 23% lead, 77% follow
- Last fund: May invest from a new fund soon — raised $17M in 2018
Portfolio highlights
- Lyzer — The groceries marketplace where you can find everthing you need. Buy online groceries as fast as in 4 hours with personalized picking.
- Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
- Primetag — Creator & Social intelligence platform for brands and agencies. Ask about creators, competitors and campaigns on Instagram, TikTok and YouTube. Answers in seconds.
Olisipo Way is an early-stage venture firm that focuses on IT investments. It invests in technology companies with very diverse and complementary skills. The initial portfolio of Olisipo Way comes from the innovation created within the Olisipo through the continuous stimulation of innovation among employees and the incubation of new businessventures.The firm was founded in 2015 and is headquartered in Lisbon, Lisboa.
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- Industry: Software, Information Technology, Analytics
- Stage:Seed, Pre-Seed, Venture - Series Unknown
- Geography: Portugal, Germany, Lithuania
Investor stats
- Total investments: 44
- Round size: Seed $250k–$5.3M; Pre-Seed $118k–$1.5M
- Lead/follow: 11% lead, 89% follow
Portfolio highlights
- DoJob.ai — Hybrid Intelligence Innovation Project
- OSCAR — OSCAR offers a variety of fixed-price home services, including maintenance, cleaning, laundry, and beauty services, all accessible through a user-friendly app. Customers can easily schedule appointments for these services, with options available for immediate bookings. Additionally, OSCAR provides repair services for household appliances likewashing machines and boilers, ensuring convenience for users. The platform streamlines the process of finding and scheduling necessary home services, catering to the needs of busy individuals and families. Through its comprehensive service offerings, OSCAR simplifies home management for its users.
- Fluxe Insurance Software — Fluxe develops a wide range of digital tools, cyber security, blockchain, and AI software for the insurance industry.
Lince Capital is an independent venture capital company. Lince Capital was born from the experience of a family group with over 30 years of experience in managing investment funds in various business areas, including real estate, infrastructure, agriculture, and telecommunications. Lince Capital is distinguished by its personalized and excellent support, close and direct relationship with each of its investors and business partners, and the dedication of an experienced and dynamic team.
Show more...Investment focus
- Industry: Artificial Intelligence, Hospitality, Information Technology
- Stage:Seed, Venture - Series Unknown, Series A
- Geography: Portugal, United Kingdom, United States
Investor stats
- Total investments: 58
- Round size: Seed $859k–$6.8M; Series A $2.1M–$16M; Venture - Series Unknown $1.3M–$31M
- Lead/follow: 45% lead, 55% follow
- Last fund: Likely still investing — raised $22M in 2024
Portfolio highlights
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
- Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
- Beyond Vision — Beyond Vision is a UAV manufacturer based in Lisbon, Portugal, specializing in advanced aircraft with multiple parallel communication systems and AI integration. The company has developed beXStream, a cloud asset management platform that incorporates AI and conventional automation, streamlining various solutions and enabling new applications. Beyond Vision combines strong commercial performance with a robust R&D background, ensuring state-of-the-art specifications for its products and active participation in multiple EU projects. The company aims to drive innovation in UAV technology and maintain its leadership in the field.
Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. The firm combines a specialist focus on deep tech early-stage startups with dedicated funds, investment teams and expert advisors to actively help founders build global companies powered by AI/Data, Web3 or Ocean/Climate technologies. Faber’s unique approach in Southern Europe is led by an entrepreneurial management partnership and backed by notable thesis-driven institutions and private investors. Investing since 2013, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, iLoF or YData.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, SaaS
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, Germany, United Kingdom
Investor stats
- Total investments: 101
- Round size: Seed $679k–$5.7M; Pre-Seed $121k–$3M; Series A $2.5M–$25M
- Lead/follow: 30% lead, 70% follow
- Last fund: Likely still investing — raised $34M in 2024
Portfolio highlights
- Porelio — Porelio is an environmental technology that provides purification technologies for water and industrial chemicals.
- Photon Bridge — Photon Bridge develops multi-wavelength digital light engines and photonic integration platforms for dense wavelength division multiplexing in data center and telecom optics. The company focuses on external laser sources, tunable laser assemblies, and transmit optical sub-assemblies for co-packaged optics, optical I/O, and high-density optical interconnects. Photon Bridge uses a patented cantilever waveguide and photonics interposer approach to integrate III–V light sources with silicon photonics using OSAT-based manufacturing flows. Its architectures target high channel density, wavelength stability, and simplified packaging for AI data centers, hyperscale cloud, and high-performance computing infrastructure. Photon Bridge also designs scalable photonic integration solutions that support applications in lidar, spectral sensing, and next-generation PIC-based optical systems.
- Helix Robotics — We are building the first commercial soft manipulator
Bright Pixel Capital is the technology investment arm of the multinational group Sonae. With special focus on cybersecurity, infrastructure software, retail technologies, business applications and emerging tech, it has a portfolio of more than 60 companies, from early to growth stages. Bright Pixel Capital acts as a partner that brings specialized know-how, global footprint, and a wealth of experience in helping companies from early stage to IPO.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Series A, Series B, Seed
- Geography: United States, Portugal, Israel
Investor stats
- Total investments: 131
- Round size: Seed $1.2M–$7.3M; Series A $5.4M–$20M; Series B $5.9M–$35M
- Lead/follow: 41% lead, 59% follow
Portfolio highlights
- Chamelio — Chamelio builds intelligent technology for in-house legal teams. We understand that every in-house legal team operates uniquely - shaped by their industry context, company culture, and strategic priorities. Our platform adapts to these distinct characteristics, delivering hyper-personalized workflows that evolve with your team's specific needs.
- Bria — Bria is a Computer Software company.
- Mesh Security — Mesh Security is the industry’s first complete Zero Trust Posture Management (ZTPM) SaaS platform, a single source of truth that enables companies to implement a unified Zero Trust Architecture on top of their existing stack. Without using agents, Mesh effortlessly and seamlessly maps a company’s entire cloud XaaS estate in minutes, providing fullcontextual visibility, control, and protection of the Everywhere Enterprise.
EDP Ventures is the venture capital arm of EDP. We invest in early-stage startups working in the energy space
Show more...Investment focus
- Industry: Software, Energy, Information Technology
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: United States, Portugal, Brazil
Investor stats
- Total investments: 85
- Round size: Seed $530k–$4.5M; Series A $1.7M–$14M; Venture - Series Unknown $558k–$11M
- Lead/follow: 24% lead, 76% follow
- Last fund: May invest from a new fund soon — raised $8M in 2018
Portfolio highlights
- Mixergy — Our hot water solutions help homes, buildings, and utilities transition to a cleaner, more resilient future.
- Spotlite — Spotlite combines satellite data with AI to predict infrastructure risks before they become problems.
- Delfos Energy — Why did it Fail? Avoid unexpected failures across your assetsReduce the risk of unexpected failuresmoreOptimize Maintenance Windowsmoreretain and scale up operational knowledgemoreplatform real time monitoring, analysis and predictions for renewable energy and oil&gas assetsVIEW OUR APPLICATIONS customer and partnerssee what our customers say about our solutions TestimonialsYour failure prediction alarm, helped us avoid an
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Bynd is a leading Iberian Venture Capital firm
Show more...Investment focus
- Industry: Software, SaaS, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, Spain, United Kingdom
Investor stats
- Total investments: 79
- Round size: Seed $592k–$5.1M; Pre-Seed $552k–$3.3M; Series A $2.3M–$50M
- Lead/follow: 16% lead, 84% follow
- Last fund: Likely still investing — raised $43M in 2024
Portfolio highlights
- Tenoro — Tenoro is an AI-powered company that provides supply chain, warehouse, and automation services.
- Artiso — ARTISO AI provides an AI SaaS platform for fashion brands, suppliers, and creative teams. The platform supports concept development, moodboards, design development, placement prints, all-over prints, tech packs, and campaign content. It connects design, production, and marketing activities within one workflow. The service is intended for fashion professionals managing product development and campaign preparation.
- Cori Clinical — Cori Clinical provides AI-driven software for clinical development teams. The platform manages study documents end to end with version control, permissions, and comprehensive audit trails. It tracks deadlines and regulatory requirements to maintain compliance across protocols, submissions, and site communications. Automated workflows route tasks, generate checklists, and prepare documentation for reviews. AI tools classify files and extract metadata to reduce manual effort and standardize records. Built-in access controls and logging support audit readiness and data protection. The system serves sponsors, CROs, and research sites that need consistent processes for documentation and oversight.
Iberis is a leading venture capital fund manager in Portugal, overseeing more than 600M EUR and investing in innovative technology startups.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 64
- Round size: Seed $1.2M–$4.6M; Pre-Seed $107k–$4.4M; Series A $5.3M–$23M
- Lead/follow: 41% lead, 59% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Kevel — Build your own ad server in weeks with Kevel. With our ad server APIs you can build custom ad platforms for sponsored listings, native ads, and more, enabling you to drive more revenue and take back the Internet.
- Reckon.ai — Whether you're building an unattended store or supplying the equipment behind it, Reckon's patented AI technology transforms existing infrastructure into smart, autonomous assets.
- Jscrambler — Jscrambler is the leading client-side security solution for JavaScript in-app protection and real-time webpage monitoring. Start your free trial today!
We are an independent private equity firm, investing in a broad spectrum of companies through dedicated funds.
Show more...Investment focus
- Industry: Software, Power Grid, Information Technology
- Stage:Seed, Venture - Series Unknown, Series A
- Geography: Portugal, Italy, Spain
Investor stats
- Total investments: 21
- Round size: Seed $1.2M–$4.8M; Series A $5.2M–$9.5M; Venture - Series Unknown $1.1M–$15M
- Lead/follow: 48% lead, 52% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Reefilla — Reefilla EV charging services: recharge your car anywhere, anytime
- Automaise — AI Agents that automate, assist, and accelerate customer service operations. See how Automaise helps enterprise teams resolve more, escalate less, and deliver results within weeks.
- Dingoo — Dingoo is an e-commerce company that uses AI to deliver retail groceries to consumers on same day without any restrictions.
They believe the unbelievable and trust the untrustable.
Show more...Investment focus
- Industry: Information Technology, Mobile, Machine Learning
- Stage:Seed, Pre-Seed, Angel
- Geography: Portugal, United States, Poland
Investor stats
- Total investments: 28
- Round size: Seed $110k–$1.6M; Angel $53k–$199k; Pre-Seed $11k–$57k
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- Wall-i — Wall-i is a programmatic outdoor advertising network, that displays ads on screens for segmented audiences, by age, gender, location, and market. Wall-i aims to be the Google Ads of the outdoor advertising. By combining plug-and-play screen incorporation and audience recognition technology (age, gender and mood), with a CPV /CPM businessmodel, it enables real-estate owners to monetize LCD screens and tablets with ads.
- Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
- UpLink — Tellent Recruitee helps you hire faster, work better together, and win top talent without the bottleneck; powered by AI-driven features.
Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico werepreviously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.Highly innovative companies like luxury eCommerce platform Farfetch, YC graduate machine learning translation platform Unbabel or the leading student accommodation marketplace Uniplaces have a strong Portuguese DNA and went to raise international rounds in the UK and the US - we want to back the next success stories of the ecosystem.
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- Industry: Information Technology, E-Commerce, B2B
- Stage:Seed, Series A, Pre-Seed
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 43
- Lead/follow: no public data
Portfolio highlights
- FRVR — FRVR brings captivating games to billions of players instantly.
- Indie Campers — Indie Campers offers adventurers the opportunity to start their journey in one location and end it in any of our other depots, while delivering an outstanding customer service for a unique and unforgettable experience.
- Oceano Fresco — Oceano Fresco develops and produces bivalves varieties with superior performance for shellfish farmers at a competitive cost, respecting environmental sustainability and ensuring consumer safety.They use a multi-disciplinary approach including expertise in molecular biology, genetics, animal physiology, computational biology and intellectualproperty to select value adding traits to shellfish farmers and contribute to the sustainability and profitability of the aquaculture industry.They work with hatcheries, nurseries and research centers in order to test and validate their solutions and ensure that they suit the specific needs of each customer, in each technical and environmental context.
SOSV offers pre-seed capital and follow-on financial support to startups focusing on deep technology and scientific innovation. Founders utilize purpose-built laboratory facilities and engineering spaces to accelerate product development and testing. The firm facilitates connections between entrepreneurs and a network of investors through structured matchmaking events and technology summits.
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- Industry: Biotechnology, Health Care, Software
- Stage:Seed, Convertible Note, Pre-Seed
- Geography: United States, China, Canada
Investor stats
- Total investments: 3821
- Round size: Seed $125k–$5M; Pre-Seed $25k–$1.5M; Convertible Note $50k–$3.6M
- Lead/follow: 38% lead, 62% follow
- Last fund: Likely still investing — raised $306M in 2023
Portfolio highlights
- Halla — Halla Intelligence is a digital solution that leverages over 100 billion shopper and product data points to recommend and promote what grocery items.
- Verdex Technologies — Verdex Technologies is an advanced materials platform technology that uses nanofibers to disrupt industries. Verdex doesn't just compete, it innovates and disrupts.
- Samphire Neuroscience — Samphire Neuroscience builds clinically validated neurotechnology to support women across their lives. Our wearable devices, Nettle™ and Lutea™, are built on the same underlying brain-stimulation technology, targeting neural pathways involved in pain, mood, stress, and sleep regulation. - Lutea™ is available globally as a wellness device. Itstimulates the same regions of the brain to support stress regulation, sleep, and recovery - key drivers of readiness and long-term performance - allowing athletes and teams to move beyond wellbeing education alone to practical, evidence-based intervention. - Nettle™ is a CE-marked (EU and UK regulated), drug- and hormone-free device that has been clinically shown to improve pain, mood, functionality, and the ability to train during the menstrual cycle, with measurable benefits after one month of use - supporting athletes to maintain training intensity and movement quality during their period. - The Samphire App is the platform controlling all Samphire hardware products with the use of CycleSync™ AI technology: the only one of its kind to support personalized neurotechnology use for women.
BiG Start Ventures is an early-stage VC investing globally in B2B Fintech, Insurtech, Regtech and Cybersecurity. Onetier Partners, SCR, S.A.
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- Industry: InsurTech, Software, Artificial Intelligence
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 38
- Round size: Seed $940k–$8M; Series A $5.3M–$17M
- Lead/follow: 16% lead, 84% follow
Portfolio highlights
- Humanos — Humanos helps companies measure, control and transfer AI risk through continuous Risk Intelligence, unlocking insurance, credit, yield and other financial products.
- FRANK — FRANK provides an AI assistant software platform designed to automate routine, administrative back-office tasks for insurance agents and brokerages. The platform integrates directly with client communication channels (such as email and WhatsApp) and insurer portals to handle document processing, task execution, and fast quoting.
- Usawa Care — Usawa is a free digital pediatrician clinic in Portugal. Talk to pediatricians via WhatsApp and get guidance for your child's health.
COREangels Boston is a group of operators and entrepreneurs investing at the angel stage in startups which have low capital costs and are either special situations or unicorns-in-waiting.
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- Industry: Artificial Intelligence, Software, Information Technology
- Stage:Pre-Seed, Seed, Angel
- Geography: Portugal, United Kingdom, Finland
Investor stats
- Total investments: 15
- Round size: Seed $1.2M–$2.7M; Pre-Seed $83k–$1.2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Tilect — The AI pricing platform that joins forecasting, pricing & promotion optimization, and competitive intelligence in one decision layer. 94.6% forecast accuracy, 10K+ competitor signals daily, productive in week one.
- GOVA — GOVA is a food-biotech startup that uses creativity and delicious flavor to create the healthiest sugar on the planet.
- Intuitivo — Intuitivo handles the repetitive part. Teachers focus on what matters: teaching.
Founded in 2003, Explorer is Portugals leading independent management company of alternative assets, with a reputation for outstanding quality, in-depth experience and an excellent track record.
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- Industry: Manufacturing, Information Technology, Retail
- Stage:Private Equity, Seed, Venture - Series Unknown
- Geography: Portugal, Spain, Brazil
Investor stats
- Total investments: 90
- Round size: Seed $1.7M–$11M; Venture - Series Unknown $6.6M–$21M
- Lead/follow: 60% lead, 40% follow
- Last fund: May invest from a new fund soon — raised $154M in 2018
Portfolio highlights
- Luca — Luca's learning platform provides learning programs for primary and secondary school students. The learning platform offers pre-recorded K12 videos, gamified content and AI powered personalized study paths, covering the entire official academic curriculum and national exams prep. Luca is a VC backed startup with HQ in Madrid & MexicoCity
- Neuraspace — Focus on fewer alerts with more time to manoeuver, with a scalable AI/ML solution from Neuraspace
- Spotlite — Spotlite combines satellite data with AI to predict infrastructure risks before they become problems.
Best Horizon is a venture capital platform that provides financing, mentoring, and access to their contact and partner network. They have invested in ICT startups for more than a decade. They also have a portfolio of half a hundred companies in Portugal, Spain, USA, Brazil, and the Netherlands.
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- Industry: Information Technology, Mobile, E-Commerce
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 26
- Round size: Seed $110k–$1.6M; Pre-Seed $100k–$766k; Series A $5M–$10M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- redcatpig — Award-winning Game Development Studio from Azores, Portugal. Currently working on KEO, a post-apocalyptic/sci-fi vehicle combat game.
- Musiversal — Record your music in real time with world-class session musicians, vocalists, producers and audio engineers
- KIT-AR — Reduce time and costs spent fixing errors on your manufacturing shopfloor with quality assurance and augmented reality- Click in to find how!
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Browse database — It's Free!WiseNext is a venture and smart capital investment company. We focus on helping young entrepreneurs with innovative ideas that have an impact on our society, providing capital, knowledge and networking.
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- Industry: Software, Apps, SaaS
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, United States
Investor stats
- Total investments: 18
- Round size: Seed $532k–$1.8M; Pre-Seed $100k–$1.1M
- Lead/follow: 6% lead, 94% follow
- Last fund: May invest from a new fund soon — last raise in 2018
Portfolio highlights
- pleez — Pleez offers Restaurant's an optimisation of their menu within Delivery Platforms, so that they can have a revenue increase up to 25%.
- Volup — Volup is a premium food delivery app that partners exclusively with top-tier chefs and restaurants.
- Mediaprobe — Not all impressions are created equal. Understand the emotional impact of your content. Learn about Mediaprobe - Next-gen media measurement.
BlueCrow Capital is a venture capital firm.
Show more...Investment focus
- Industry: Information Technology, Manufacturing, SaaS
- Stage:Seed, Venture - Series Unknown, Series A
- Geography: Portugal, United Kingdom, Spain
Investor stats
- Total investments: 32
- Round size: Seed $697k–$10M; Series A $6.5M–$16M; Venture - Series Unknown $3M–$18M
- Lead/follow: 38% lead, 62% follow
Portfolio highlights
- Bighub — The All-in-One Platform for european marketplace growth. Integration, Catalog SEO, Pricing, Financing, Logistics, Helpdesk, and Resale.
- Flowbotic — development and manufacturing of AGVs and AMRs
- Bling Energy — Bling Energy is a startup that focuses on providing more efficient and sustainable energy solutions, mostly through solar panels.
We support innovative tech ventures to unlock its potential by providing smart funding and hands-on advisory.
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- Industry: Software, Biotechnology, Health Care
- Stage:Seed, Venture - Series Unknown
- Geography: Portugal, Spain, Brazil
Investor stats
- Total investments: 17
- Round size: Seed $592k–$3.1M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- Zen8 — Explore Connected Swim Training at zwim.com. Smart Swim Trainer + data + immersive game = real swim power. Train at home, get faster in the water. Join the waitlist now.
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
- PFx Biotech — PFx Biotech transforms food through bioinnovation by creating sustainable and nutritional alternative protein solutions.
#Tech4Purpose – Investing in innovative, global and purpose-driven ESG-friendly ethos technologies
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- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Venture - Series Unknown, Pre-Seed
- Geography: Portugal, France, Germany
Investor stats
- Total investments: 17
- Round size: Seed $1.5M–$3.3M; Venture - Series Unknown $12M–$38M
- Lead/follow: 65% lead, 35% follow
Portfolio highlights
- Rofim — Rofim provides a multidisciplinary platform that combines practitioners' knowledge, technology for analyses, and medical imaging to provide a diagnosis. In order to share knowledge and provide the most accurate and timely diagnosis possible, Rofim concentrates on all the functionalities created for fluid medical use. The company is dedicatedto making the daily lives of physicians, patients, and medical institutions easier, more moral, and more seamless.
- Hoopers — Global basketball community platform connecting players, fans and enthusiasts through products, contents, experiences and NFTs.
- Hope Care Health — Hope Care is a digital health company that combines services, products, and cutting-edge technology platforms to enable the delivery of Social and Health Care without barriers.
A prominent European venture capital in Retail Technologies, Digital Infrastructure, Cybersecurity, and Emerging Technologies
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: Portugal, United States, Spain
Investor stats
- Total investments: 17
- Round size: Seed $409k–$2.4M; Pre-Seed $348k–$1.3M; Series A $7.2M–$15M
- Lead/follow: 24% lead, 76% follow
Portfolio highlights
- Chord — Chord is a commerce data platform purpose-built for modern brands. Chord enables brands to unify, synthesize, and orchestrate their data to drive radical decisions and revenue.
- Didimo — Didimo creates realistic high-fidelity digital humans. Simple, fast, accurate user-generated avatars to integrate into your app, game or site.
- Probely — Probely is a web application and API vulnerability scanner for agile teams. Automate Security Testing by adding Probely into your SDLC and CI/CD pipelines.
Pathena is an investment firm engaged on boosting the success of information technology and digital biomedical companies.
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- Industry: Health Care, Software, Artificial Intelligence
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Portugal, Finland, Germany
Investor stats
- Total investments: 19
- Round size: Seed $1.5M–$3.8M; Series A $2.7M–$30M
- Lead/follow: 58% lead, 42% follow
- Last fund: May invest from a new fund soon — raised $74M in 2013
Portfolio highlights
- Promptly — Health Analytics Patient Report Outcomes, Health Care, Value based health
- Healthplus.ai — Healthplus.ai enables surgical care professionals to be more proactive towardcs patients, care and outcome; predicting infections before they are normally diagnosed.
- NVision Quantum Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
Where startups can get much more than money, and Investors can professionally invest as angels.
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- Industry: Software, Information Technology, Health Care
- Stage:Seed, Pre-Seed, Series A
- Geography: Spain, United States, Portugal
Investor stats
- Total investments: 77
- Round size: Seed $278k–$5.2M; Pre-Seed $124k–$2.2M; Series A $6.1M–$17M
- Lead/follow: 9% lead, 91% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Pawer — Pawer is a digital platform that provides health and wellness services for pets, specifically designed for dogs and cats. The platform offers a range of services through its mobile application, including remote veterinary consultations, reimbursement for veterinary expenses, and discounts on pet products. It focuses on delivering accessible andcomprehensive pet care solutions, offering coverage for emergencies, regular check-ups, vaccinations, and preventive services.
- hypt — hypt is a Swiss based SaaS marketing solution that empowers companies to digitalize word-of-mouth. By using our word-of-mouth manager companies are able to activate 40% of their customers to send out a personal recommendation to their peers increasing sales through word-of-mouth by 4 times. Our solution empowers our ICP customers in the finance andinsurance segments to strategically use and optimize the most authentic and cost effective advertising channel – word-of-mouth – and makes it an accessible asset of every marketing mix.
- Ex Nunc Intelligence — Ex Nunc Intelligence provides professionals with thorough summaries of legal information, credible responses to legal issues, and automated legal document preparation features.
Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Pre-Seed, Seed, Series A
- Geography: Spain, Portugal, Poland
Investor stats
- Total investments: 85
- Round size: Seed $113k–$3.1M; Pre-Seed $110k–$574k
- Lead/follow: 61% lead, 39% follow
- Last fund: May invest from a new fund soon — raised $59M in 2020
Portfolio highlights
- Rauda AI — Rauda is an artificial intelligence platform specialized in automating customer service with the best customer experience. Take a quantum leap in productivity, reduce costs and improve customer satisfaction with the power of generative artificial intelligence.
- Aino — Aino is a location intelligence tool that enables businesses to analyze spatial data in just minutes. Aino saves hundreds of hours on data work for real estate, retail, urban planning, and geo-marketing companies.
- Orbital Paradigm — Orbital Paradigm builds reusable vehicles that carry cargo to space and bring it back. Dedicated missions, any orbit, on your schedule. Based in Madrid.
Semapa Next is a venture capital firm that invests in European-based companies aspiring to become global category leaders.
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- Industry: Software, Artificial Intelligence, SaaS
- Stage:Series A, Seed, Pre-Seed
- Geography: Portugal, United Kingdom, Germany
Investor stats
- Total investments: 26
- Round size: Seed $222k–$6.5M; Series A $6.5M–$32M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- Sybilion — The decision layer for industrial companies. Sybilion connects external world dynamics to the decisions that shape your margin, working alongside the systems...
- Gigaton — Carbon Re is a climate tech company using cutting-edge AI solutions to decarbonize cement and steel. Get in touch with us today!
- Jupus — As the first legal AI secretary in Europe, JUPUS automates the entire process from initial client contact to the complete file. Lawyers are supported by an AI chatbot, an online appointment booking tool, and an AI platform that automatically collects and processes inquiries, information, and documents, facilitating automated communication withclients.
TheVentureCity is an early-stage venture capital fund working alongside tech founders redefining fundamental industries. Managing over $150M, the fund leads Seed and Series A rounds of $2.5M to $4M across the United States, Europe and Latin America. We invest in companies across fintech, healthtech and mobility & logistics, where proprietary data, AI and automation are core to building defensible products.
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- Industry: Software, Artificial Intelligence, SaaS
- Stage:Seed, Series A
- Geography: United States, Spain, Brazil
Investor stats
- Total investments: 173
- Round size: Seed $100k–$4.9M; Series A $2.3M–$18M
- Lead/follow: 13% lead, 87% follow
- Last fund: Likely actively investing — fresh fund, raised $2.8M in 2026
Portfolio highlights
- Belo — Crypto for everyone, everyday
- Senticell — Senticell is a biotechnology and molecular diagnostics company developing a breakthrough platform that uses red blood cell (RBC) DNA and cfDNA analysis to revolutionize non-invasive disease detection. The research demonstrates that RBCs act as immune-responsive biosensors, capable of carrying molecular and genetic biomarkers from across the body -unlocking a powerful and previously untapped gateway for liquid biopsy and precision diagnostics. By harnessing this cellular intelligence, we enable early disease detection, biomarker discovery and AI-driven diagnostic insights to support precision medicine and personalised treatment outcomes.
- Tiny Health — Tiny Health is the first at-home gut health test for moms and babies 0-3 years. Detect any gut imbalances early on and prevent chronic conditions.
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822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Innovation Nest invest in early stage B2B SaaS startups from Europe and help them grow from local to global using our network of contacts and strong in-house competencies. It strongly believes that the path to growth leads through Silicon Valley and strongly encourage our portfolio startups to set up presence there. The company supports high-tech companies to grow faster and scale their business globally.
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- Industry: Software, SaaS, Information Technology
- Stage:Seed, Series A, Pre-Seed
- Geography: Poland, United States, Germany
Investor stats
- Total investments: 93
- Round size: Seed $40k–$3.2M; Pre-Seed $20k–$776k; Series A $4.5M–$10M
- Lead/follow: 13% lead, 87% follow
- Last fund: May invest from a new fund soon — raised $13M in 2011
Portfolio highlights
- Infraspeak — Infraspeak is an Intelligent CMMS Software that brings outstanding flexibility, connectivity and intelligence to your operations.
- AI Clearing — AI-powered platform for construction progress tracking and quality control, supporting contractors and asset owners in energy, utilities, infrastructure, and civil construction projects.
- Meisterwerk — Meisterwerk provides a SaaS operating system for SMB field service and craftsman companies. They offer services that include operational planning, mobile time tracking, digital forms, information exchange, and their own workflows. Meisterwerk helps to communicate between the office and the workforce.
JOIN Capital is an early stage VC focused on Seed and Series A investments in Industry 4.0 and enterprise tech. Our portfolio companies are front and center at factories, delivering smart machinery and robotics for high-volume manufacturing. They’re behind the scenes with powerful algorithms for managing global production systems. They rethink and rewire essential processes, with the goal of maximizing human capabilities. We invest in technologies related to core business functions: operations, manufacturing, data analytics, supply chain and software development. We seek innovative solutions to real customer problems that have achieved product-market fit. Technologies we invest in include: machine learning, robotics, cloud computing, IoT, smart sensors.
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- Industry: Software, Artificial Intelligence, Manufacturing
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Germany, United Kingdom, The Netherlands
Investor stats
- Total investments: 57
- Round size: Seed $1.1M–$9.5M; Series A $5.1M–$27M; Venture - Series Unknown $2M–$19M
- Lead/follow: 61% lead, 39% follow
- Last fund: Likely still investing — fund raised in 2024
Portfolio highlights
- TERASi — Scalable hardware for 6G and beyond.
- enclaive — Experience the strength of confidential cloud computing with Enclaive.io. Elevate your company's security and performance in the most fortified cloud ecosystem. Unlock unparalleled confidentiality with our secure compute environments.
- Golbriak Space — Golbriak Space develops and implements technologies for distributed and federated satellite missions.
Investment focus
- Industry: Information Technology, EdTech, Software
- Stage:Venture - Series Unknown, Series A, Series C
- Geography: Portugal, Hungary
Investor stats
- Total investments: 9
- Round size: Series A $2.2M–$2.2M; Venture - Series Unknown $2M–$3.9M
- Lead/follow: 67% lead, 33% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- 4iG — 4iG provides information technology solutions. The 4iG group of companies provides complex, high-quality services to its customers, which is due, among other things, to the continuous development of its product and service portfolio. They look for opportunities, are open to innovation, and are actively involved in technology research.
- TC2 — TC2 is Hungary's leading AWS partner. Cloud migration, AI solutions, managed services and 100+ certifications.
- Biometrid — Biometrid provides biometric identity verification and authentication solutions for secure onboarding and compliance.
HAX is a program for Hard Tech startups taking their first steps towards commercialization. We provide hands-on support and investment as part of SOSV, a $1B AUM multi-stage venture firm.
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- Industry: Robotics, Software, Manufacturing
- Stage:Seed, Convertible Note, Pre-Seed
- Geography: United States, Canada, China
Investor stats
- Total investments: 699
- Round size: Seed $38k–$4.5M; Pre-Seed $25k–$2M; Convertible Note $100k–$3.8M
- Lead/follow: 1% lead, 99% follow
Portfolio highlights
- 5QXT — 5QXT is a mining technology company that provides the design, development, and implementation of metal extraction processes.
- XFuel — XFuel is a fuel company that provides green and clean fuels to distributors and consumers. The company was founded in 2010 and is based in Palma de Mallorca, Baleares.
- Cortysis — Cortysis develops brain stimulation device for rapid spatial and temporal modulation of cortical networks
Notion Capital is a VC firm focused on European SaaS and Cloud.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Seed, Series B
- Geography: United Kingdom, United States, Germany
Investor stats
- Total investments: 304
- Round size: Seed $1.2M–$7M; Series A $4.5M–$25M; Series B $7M–$66M
- Lead/follow: 31% lead, 69% follow
- Last fund: Likely actively investing — fresh fund, raised $130M in 2025
Portfolio highlights
- Volo Commerce — Volo brings together data and intelligence from all over the commerce ecosystem and uses AI to provide real-time actionable insights.
- Easol Trading Ltd — Website, bookings, payments and AI Teammates in one connected platform, built for festivals, adventure, location based entertainment and live experiences. Book a demo.
- Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
Novabase Capital, Sociedade de Capital de Risco, SA is a venture capital firm owned entirely by Novabase SGPS, SA. Its main purpose is to find and support Portuguese ICT business projects – in early development or expanding – with high potential. Novabase Capital has an unique, specific expertise and a long track record in the development of technology-based SMEs throughout Portugal.
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- Industry: Software, Information Technology, Analytics
- Stage:Seed, Pre-Seed
- Geography: Portugal, United States
Investor stats
- Total investments: 7
- Round size: Seed $576k–$3M
- Lead/follow: 0% lead, 100% follow
- Last fund: May invest from a new fund soon — raised $15M in 2011
Portfolio highlights
- WEEZIE — Connect network planning, construction, field work, physical inventory, splicing, validation, and maintenance in one operational platform built for fiber.
- Glartek — Glartek is a technology-enabled services company focused on Industrial Internet of Things and Augmented reality solutions. With their experience in development solution for industry and their knowledge in field management, they are able to provide the best expertise in cloud analytics and augmented reality tools for the industry.
- HypeLabs — HypeLabs is the company that created the Hype SDK, an interoperable mesh networking software that improves connectivity on all kinds of devices, from mobile to desktop to IoT, allowing them to connect even when there is no internet. The software works by intelligently connecting devices in local mesh networks using existing connectivitytechnologies, such as Bluetooth, WiFi, LoRa and others. This network enables content to securely hop between devices, until it reaches a destination or an Internet exit point, improving range and deliverability.Founded in 2016, the company is located in San Francisco (USA), Porto (Portugal), London (UK) and Krakow (Poland). AngelPad #10 (Spring '16) alumni & Deutsche Telekom WARP alumni.
Seed capital for entrepreneurs with ideas who want to start a company Expansion capital for existing businesses that want to expand, preferably out of the country Rescue capital to companies in difficulties but whose project can be recovered much more than money.
Show more...Investment focus
- Industry: Internet, E-Commerce, Digital Media
- Stage:Seed, Pre-Seed
- Geography: Portugal, United States, United Kingdom
Investor stats
- Total investments: 9
- Round size: Seed $34k–$5.9M
- Lead/follow: 0% lead, 100% follow
- Last fund: May invest from a new fund soon — raised $27M in 2014
Portfolio highlights
- Commop — Our view of advertising and communication at the Point-of-Sale (POS) is shown in the following “Virtuous Circle,” in which the interests of all stakeholders - Brand, Channel and Consumer - are found and reinforced in a common place - the Point of Sale. Once the relationships are established, the need to optimize the frequency and contents of this communication becomes evident. Since the classic model for message production simply cannot be adjusted for exceedingly high costs and time of execution, the need exists to create a new way to look at this challenge. Thus is born a platform that produces communication pieces, ensuring the coherence and quality of the classic process and, simultaneously, meets the needs they’ve just detected: efficiency, speed, control, low cost and detailed analyses in real time. In 2007, they launched the first version of the Commop platform at Unicer, for the Super Bock, Carlsberg, Água das Pedras, and Vitalis brands, among others, creating custom promos for each of them. In 2009, this project was recognized with an Prémio Eficácia for having an ROI of 300% in the first 2 months of broadcasting communication. Since then, in Portugal, in addition to Unicer, the Commop platform has earned the trust of BP and Unilever. In Angola, the platform is being used by Refriango and Reviva. In late 2012, the Commop business unit was the target of a spin-off, giving rise to the creation of Commop, S.A., aiming to enhance the evolution and internationalisation of this Communication Management Platform, and its evolution in terms of portability and capabilities in digital communication production. They now offer an SaaS solution to all companies, based on Microsoft technology under the Microsoft BizSpark program, which they are part of.
- MyAvana — A personalized hair care service delivering products, services, and content for every woman's hair journey
- Findster — Findster is a pet tech company that provides peace of mind to pet owners by helping them keep track of their pet's location and well-being 24/7. In 2016, Findster introduced the first GPS tracker to allow true real-time monitoring and to not require monthly fees - Findster Duo - via a $250k Kickstarter campaign. The company has sincebecome one of the fastest growing pet tech companies in the world, with the Duo currently being the #1 Best Seller in its category on Amazon.com and used in over 80 countries on a daily basis.At the core of Findster is Maze®, a proprietary technology platform that allows IoT systems to communicate in real-time, off-grid, in a long-range without being dependent on the cellular infrastructure from Telcos.
Vesalius Biocapital Partners invests in companies active in human health through venture capital funds raised since 2007. They have contributed to developing 20 companies since inception. With more than € 150 million under management in two funds. Vesalius Biocapital Partners plays the role of lead investor in the large majority of its financing rounds. Their companies are based in Europe allowing easy interaction with management. They invest in all stages of development and do not shy away from relatively early-stage projects with a sound proprietary technology and corresponding IP, unique team skills and a clear competitive edge based on solid data.
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B, Series C
- Geography: Belgium, Germany, The Netherlands
Investor stats
- Total investments: 62
- Round size: Series A $3.9M–$31M; Series B $4.4M–$26M; Series C $7.8M–$100M
- Lead/follow: 42% lead, 58% follow
- Last fund: Likely still investing — raised $103M in 2023
Portfolio highlights
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
- RougeTx — RougeTx is a Netherlands-based biotech developing first-in-class small-molecule therapies for vascular diseases caused by pericyte dysfunction. Its lead candidate, RTX-001, targets hereditary haemorrhagic telangiectasia (HHT), an inherited disorder involving fragile blood vessels and recurrent bleeding.
- ENYO Pharma — ENYO Pharma is a biopharmaceutical company incorporated in Jan, 2014, by four scientists of the Infectiology Research Center in Lyon, France, and three seeding partners (2 privates and 1 public).The company is based in the Infectiology Center of Lyonbiopôle in Lyon, France and maintains tight collaborations with the seminal Inserm team and theBSL4 laboratory Inserm-Jean Mérieux.ENYO Pharma has licensed several Inserm patents issued from the discoveries of the founding scientists and developed a unique platform for the identification of intracellular therapeutic targets and molecules.The company is developing treatments against the most important viruses and is thriving to become a global leader in anti-virals. Research and Development is currently focused on human infecting viruses, with the first two programs being dedicated to the treatment of severe and seasonal flu and chronic hepatitis B. The company plans to conduct its molecules to Phase II clinical trials.
Momenta is the leading Industrial Impact® venture capital firm, accelerating industrial innovators across energy, manufacturing, smart spaces, and the supply chain. For over a decade, our team of deep industry operators has helped scale industry leaders and innovators to improve critical industries, the environment, and people's quality of life. PitchBook has ranked Momenta as one of the ten best-performing venture capital firms for 2023 - 2025 in its prestigious Global Manager Performance Score League Tables.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Industrial Automation
- Stage:Seed, Series A, Series B
- Geography: United States, Switzerland, Canada
Investor stats
- Total investments: 111
- Round size: Seed $1M–$5.7M; Series A $2.5M–$23M; Series B $20M–$60M
- Lead/follow: 49% lead, 51% follow
- Last fund: Likely still investing — raised $100M in 2023
Portfolio highlights
- AKUA — AKUA is a subscription data service delivering actionable, real-time, and secure business intelligence directly to cargo owners. Their flexible IoT platform provides persistent environmental monitoring and tracking solutions for intermodal cargo containers with no new equipment to buy or manage. AKUA IoT gateway devices, sensors, and devicelogistics are included in the subscription, and any existing IoT sensors can also be integrated into the system. AKUA combines the industry's most advanced tracking devices, tamper-resistant and tamper-evident multi-layer security, and in-transit analytics into a seamless cloud-based solution.
- DataHow — DataHow is specialized in data analytics and bioprocess modeling
- Phantasma Labs — That Unlocks Hidden Capacity, Boosts EBITDA, and Delivers ROI in 6 Months
PRIMAVERA is a technology company specialized in the development of business management solutions aimed at simplifying life in organizations, increasing value creation. We believe in technology as one of the main driving forces behind business management. We exist so that organizations like yours can have simpler management processes and createmore value. PRIMAVERA is the result of the strength of our conviction. In 1993, with a disruptive idea and tremendous determination, the first company to develop management solutions for Windows was born in Portugal.A disruptive start that we have maintained to the present day, providing a vast portfolio of management solutions for companies of all sizes, operating in every sector of activity.With a determination that never wavers and a confidence renewed every day by more than 40,000 customers spread across nearly 20 countries, we will continue to push back the limits in our search for innovative management solutions that simplify business management.
Show more...Investment focus
- Industry: Software, Wellness, Nutrition
- Stage:Seed, Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 4
- Round size: Seed $2.1M–$5M; Pre-Seed $124k–$678k
- Lead/follow: 25% lead, 75% follow
Portfolio highlights
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Pre-Seed, Seed, Series A
- Geography: United States, Singapore, Australia
Investor stats
- Total investments: 2394
- Round size: Seed $159k–$4.6M; Pre-Seed $100k–$611k; Series A $4.1M–$29M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026
Portfolio highlights
- Praktiki — Praktiki is the AI platform for medical education: expert-led, case-based 5-minute modules HCPs love, built in hours and measured for behaviour change.
- ReportsAI — ReportsAI is an impact operating system that automates data collection and reporting for NGOs and industry to ensure audit-ready compliance.
- Plouton AI —
APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.
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- Industry: Software, SaaS, Artificial Intelligence
- Stage:Pre-Seed, Seed, Series A
- Geography: Germany, United Kingdom, United States
Investor stats
- Total investments: 211
- Round size: Seed $1M–$5M; Pre-Seed $55k–$1.4M; Series A $2.1M–$15M
- Lead/follow: 28% lead, 72% follow
- Last fund: May invest from a new fund soon — raised $67M in 2021
Portfolio highlights
- VisioLab — Instantly scan products for self-checkout, using the iPad camera - no barcodes needed. Designed for speed, simplicity and human centricity.
- Bloom — Bloom is the everything app to make onchain finance social. Copy trades and bets, build performance-based reputation, earn from your influence, and manage everything through a smart wallet.
- Track Titan — Titan Academy revolutionises how gamers improve through fully automated coaching.
MSM is a 45M€ early-stage impact VC fund. We invest in brave founders solving the world’s biggest social and environmental challenges.
Show more...Investment focus
- Industry: Information Technology, E-Commerce, B2B
- Stage:Seed, Pre-Seed, Series A
- Geography: United Kingdom, Portugal, Germany
Investor stats
- Total investments: 57
- Round size: Seed $1.3M–$4.8M; Pre-Seed $244k–$3M; Series A $4.1M–$52M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
- Pollen — Electric mobility for lightweight vehicles is about to get simpler, more affordable and more reliable.
- Win-Win — We're WNWN Food Labs and we love food. We're creating delicious, sustainable and ethical alternatives to unsustainable and ethically dubious foods. We're starting with cacao-free chocolate. Changing chocolate? It's Win-Win #alt-chocolate #altchocolate #alt-universe #altuniverse #alt-protein
Savvy Capital Partners is a business angel investment group.
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- Industry: Apps, E-Commerce, Marketplace
- Stage:Seed, Pre-Seed
- Geography: Portugal, Spain, United Kingdom
Investor stats
- Total investments: 13
- Round size: Seed $120k–$2.2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- SCIVEN — We develop innovative, integrated sustainable tech solutions in energy efficiency destined for intensive energy users.
- Lyzer — The groceries marketplace where you can find everthing you need. Buy online groceries as fast as in 4 hours with personalized picking.
- Networkme — Connect with your future
OW Ventures is an investment group and an fund manager
Show more...Investment focus
- Industry: Software, Health Care, B2B
- Stage:Pre-Seed
- Geography: Portugal
Investor stats
- Total investments: 4
- Round size: Pre-Seed $58k–$58k
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- Smashpro — Smashpro is a sports tech company that offers a digital marketplace and booking ecosystem for racket and field sports like padel, pickleball, and football.
- upspeech — UpSpeech provides a software-as-a-service platform for speech-language pathologists and people receiving stuttering therapy. The platform analyzes uploaded speech recordings, detects and annotates disfluencies, and generates transcriptions and AI-assisted clinical reports. It also supports therapist-patient collaboration through exerciseassignments, practice recordings, feedback, and progress tracking. Organizations receive separate tenant environments with role-based access for therapists, patients, and administrators.
- Intuitivo — Intuitivo handles the repetitive part. Teachers focus on what matters: teaching.
APEX Capital invests with elite athletes to innovate and disrupt the sports, media, and entertainment industry. Our connected capital increases the chances of successful investing and is positioning APEX as a leading strategic investor in the industry.
Show more...Investment focus
- Industry: Sports, Artificial Intelligence, Media and Entertainment
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Portugal, United Kingdom
Investor stats
- Total investments: 32
- Round size: Seed $1M–$7M; Pre-Seed $611k–$2.5M; Series A $3M–$25M
- Lead/follow: 41% lead, 59% follow
- Last fund: Likely still investing — raised $53M in 2023
Portfolio highlights
- Marquee — Marquee turns football data into decision-ready insights in seconds, unifying external and internal data and filtering it through your club's sporting DNA.
- Northern Super League — The official source of NSL news, opinion, video highlights, schedules, scores, stats, game day coverage and more.
- International Dance League — 6 Pro-Teams. 5 global stages. 1 champion. The IDL is the world's first professional dance league where elite teams compete head-to-head for the title.
M4 Ventures helps startups to grow and expand globally through experience and hands-on collaboration.
Show more...Investment focus
- Industry: SaaS, Beauty, FinTech
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Portugal, United Kingdom, United Arab Emirates
Investor stats
- Total investments: 9
- Round size: Seed $2.1M–$5.3M
- Lead/follow: 11% lead, 89% follow
Portfolio highlights
- Nutrium — Nutrium is the most up-to-date nutrition software for dietitians and nutritionists to manage their nutrition business with nutritional assessment, meal planning and progress tracking.
- PayNest — PayNest is a payments amalgamator, which was created with the core mission of digitizing cash collection in the Middle East.
- sheerME — SheerME is Revolutionising the way people find, book, and pay for their Wellness and Beauty services powered by a benefit-based walletOur approach is based on Discovery, Transaction & Reward to create more online visibility, reach, conversion into new business, loyalty, and frequency through our wallet and cashback ecosystem, to all ourpartners in the beauty and wellness sectors.This made us a fresh and different option in this sector where there are mainly SaaS players, and we bring marketplace with no monthly fee, only a commission for business sent through our owned and partner channels.
200M is a Portuguese public fund of 200 million euros designed to co-invest with the best VCs from around the world in startups which are growing their business out of Portugal.
Show more...Investment focus
- Industry: Health Care, Artificial Intelligence, Apps
- Stage:Seed, Series A
- Geography: Portugal, Brazil, France
Investor stats
- Total investments: 8
- Round size: Seed $2.7M–$6.5M
- Lead/follow: 25% lead, 75% follow
Portfolio highlights
- Sensei — We are the leading European provider of autonomous stores, with an AI-powered solution to build efficient operations and deliver a seamless shopping experience.
- Coverflex — Coverflex is a compensation management platform for teams to manage and enjoy multiple benefits. Coverflex is on a mission to improve the way companies compensate their people, making it more transparent, flexible, and easier for everyone to make the most of what they get. Through a fully digital solution, Coverflex helps companies manage everypart of compensation beyond salary — benefits, insurance, meal allowance, and exclusive discounts — while empowering people to spend on what suits them best.
- Sound Particles — A CGI-like software for Sound Design, capable of using particle systems to generate thousands of sounds in a virtual 3D world
AngelsWay invests in early-stage startups based in Portugal. The company focuses on ventures that utilize technology to create a positive societal impact. AngelsWay aims to support and develop the Portuguese entrepreneurial ecosystem by building a community that brings value to all participants.
Show more...Investment focus
- Industry: EdTech, Software, E-Commerce
- Stage:Seed
- Geography: Portugal
Investor stats
- Total investments: 8
- Round size: Seed $57k–$1.5M
- Lead/follow: 63% lead, 37% follow
Portfolio highlights
- Curiouz — Curiouz is a tech-enabled platform dedicated to source, authenticate and deliver iconic vintage furniture pieces for interior designers, collectors, and design lovers. We bring together a unique selection of items combining sustainability, craftsmanship, and technology. Discover unique items that elevate interiors.
- Coalex.ai — Coalex sits between AI agents and their real-world consequences: AI agent governance, human oversight and an audit trail for every action.
- Intuitivo — Intuitivo handles the repetitive part. Teachers focus on what matters: teaching.
Build Up Labs helps founders build and grow their businesses.
Show more...Investment focus
- Industry: Gaming, iOS, Apps
- Stage:Pre-Seed, Seed
- Geography: Portugal, United States
Investor stats
- Total investments: 5
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- FMK — FMK gamifies the process of dating. Modeled after the famous hypothetical question game 'who would you rather F*ck, Marry & Kill'
- AskCory.ai — Turn a client brief into an editable marketing strategy deck. Generate a focused sample for your agency, then review and refine it with your team.
- Kiss my Score — The best football app to bet with friends. Set up a league, make predictions and track your score live. Forget about the office pool excel file. Play now for free!
SaaS Investor funding in Portugal at a glance
Stats across 1.1k deals from 856 investors.
Access all 856 investors in Portugal SaaS startups.
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