Energias de Portugal

EDP ​​is a global energy company in value creation, innovation and sustainability. They include in their cultural values and commitments regarding their customers, society, and environment. Their vision to be an integrated energy company, a leader in value creation in the markets where they can make a difference is shared by the universe of EDP employees, spread across different continents and countries, a diversity that enriches us and brings us together in the respect for the different cultures of the markets where they operate. They are among the major European operators in the energy sector; they are one of the largest energy operators of the Iberian Peninsula, the largest Portuguese industrial group and the 3rd largest producer of wind energy. Besides the electricity sector - generation, distribution, and trading - they also have a significant presence in the gas sector of the Iberian Peninsula. They integrate the Dow Jones Sustainability Indexes (World and STOXX), the world's most demanding ranking, that distinguishes the best-performing companies on issues related to transparency, sustainability, and excellence in economic management and social environment. EDP was founded in 1976 and is headquartered in Lisboa, Portugal.

Carlos Andrade

Partner

5 past transactions

Endeco

Series B in 2020
Endeco specializes in providing wireless energy management and control systems tailored for retail, commercial, and industrial users. Their Energy Management System (EMS) offers solutions for various applications, including building control, refrigeration control, demand management, price response, energy efficiency, and demand response. Endeco's automated wireless systems are designed to integrate smoothly with existing operations and Building Management Systems (BMS), eliminating the need for additional training for retail staff. The company's focus on smart grid optimization further enhances its commitment to improving energy management and efficiency across different sectors.

Sepio

Series A in 2019
Sepio Systems, LTD., founded in 2016 by veterans from the Israeli Intelligence community, specializes in cybersecurity solutions focused on mitigating hardware-based attacks. The company offers a Rogue Device Mitigation security suite that utilizes physical fingerprinting technology and device behavior analytics to protect organizations from various security threats. This software-as-a-service (SaaS) solution is adaptable to different environments, including on-premises, private, and public cloud setups. Sepio's innovative hardware access control platform enhances visibility and control across multiple security programs, such as zero trust, insider threat, BYOD, IT, OT, and IoT. The company is strategically partnered with notable organizations, including Munich Re and Merlin Cyber, to strengthen its market presence and cybersecurity offerings. Headquartered in Rockville, Maryland, Sepio also operates in South Carolina and Tel Aviv, Israel.

Sterblue

Seed Round in 2018
Sterblue is a company based in Nantes, France, established in 2016, that specializes in developing software for drones designed to inspect outdoor structures, particularly in the energy sector. The software is utilized by utility companies to inspect extensive networks of power lines and wind turbines, enabling the identification of safety hazards such as corrosion and broken equipment. Sterblue employs advanced 3D navigation algorithms and artificial intelligence to automate the detection of anomalies across various types of industrial equipment. This innovative approach enhances the efficiency and safety of inspections in the wind and solar energy sectors, as well as in electricity distribution and transmission.

APERIO

Seed Round in 2018
Aperio Systems, Inc. specializes in developing cybersecurity and operational resilience software tailored for industrial control systems. Founded in 2020 and headquartered in Boston, Massachusetts, with an additional office in Caesarea, Israel, the company employs proprietary technology that protects against data forgery by detecting artificial manipulation of industrial process data in real-time. This capability enhances true state awareness and enables rapid remediation without disrupting business operations. Aperio's systems ensure sensor data integrity across industrial networks, automatically validating operational data to improve accuracy, security, and overall value. By providing trusted and superior data, the company empowers its clients to make informed business decisions while advancing their profitability and sustainability objectives, all while mitigating risks in their industrial operations.

Target Behaviour

Convertible Note in 2014
Portuguese company focused on developing products that promote behavioural change through mostly emotional triggers. Develops EGGY.
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