MSM

Mustard Seed MAZE is an impact investment firm established in 2018 and based in Lisbon, Portugal. As a joint venture between Mustard Seed and MAZE, the firm focuses on early-stage ventures in Europe, specifically those in the pre-seed to series A stages. With a fund size of 40 million euros, Mustard Seed MAZE invests in innovative entrepreneurs who are dedicated to addressing significant social and environmental challenges through sustainable business practices. The firm takes a generalist approach to impact investing, aiming to support brave founders who are committed to creating positive change in society.

Antonio Miguel

Managing Partner

Henry Wigan

Managing Partner

Past deals in Portugal

Flecto

Venture Round in 2022
Flecto operates an online rental marketplace designed to facilitate convenient access to a diverse range of products. The platform enables users to rent everyday items, such as bicycles, college textbooks, and wedding dresses, promoting a circular economy by reducing overconsumption. Flecto's business model supports sustainability by allowing customers to obtain items they do not need to own outright, thereby encouraging cost-effective and environmentally friendly consumption.

GoParity

Pre Seed Round in 2021
GoParity is an online platform founded in 2017 that facilitates investment in sustainable projects through a crowdfunding model. By connecting individual and corporate investors with initiatives in sustainable energy, blue economy, smart cities, rural development, and social entrepreneurship, GoParity enables participants to support projects that align with their values while earning a return on their investments. The platform aims to make sustainable investment accessible to a broad audience, contributing to a more inclusive and environmentally responsible economic system. Through this approach, GoParity promotes economic, social, and environmental impact, driving the transition toward sustainability.

Kitch

Seed Round in 2021
Kitch, Unipessoal Lda operates a restaurant. The company also offers online food orders and delivery services. Kitch, Unipessoal Lda was incorporated in 2020 and is based in Lisbon, Portugal.

Kitch

Pre Seed Round in 2020
Kitch, Unipessoal Lda operates a restaurant. The company also offers online food orders and delivery services. Kitch, Unipessoal Lda was incorporated in 2020 and is based in Lisbon, Portugal.

Rnters

Pre Seed Round in 2020
Rnters, Unipessoal Lda. is an online rental marketplace based in Lisbon, Portugal, that facilitates the renting of everyday items, including GoPros, bikes, video games, books, and various other products. Founded in 2016 by Guilherme Guerra, the platform allows users to save money by renting items they need while enabling others to profit from their underutilized assets. Rnters offers access to over 3,000 unique items, providing a cost-effective alternative to purchasing goods outright. The company's innovative approach supports a sharing economy, encouraging users to both rent and lend items, thereby enhancing resource efficiency and accessibility.
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