Portugal Ventures

Portugal Ventures is a venture capital firm based in Porto, Portugal, founded in 2012 through the merger of three state-backed private equity firms. It focuses on investing in innovative, scientific, and technology-driven companies, as well as those in the tourism and industrial sectors. The firm targets startups in their seed and early stages, particularly in digital technology, engineering and manufacturing, life sciences, and tourism, with investments ranging from 300,000 to 1.5 million euros. Portugal Ventures emphasizes co-investment with both Portuguese and international partners and adopts a milestone-based tranche payment approach. It typically acquires a minority stake in the companies it funds and takes a seat on their Board of Directors, aiming to support exceptional entrepreneurs in enhancing their competitiveness and achieving global expansion.

Maria João Almeida

Investment Manager

Nuno Ferreira de Almeida

Investment Manager

Miguel Barbosa

Investment Director

Miguel Botto

Investment Director

António Nabais Carvalho

Director

Patrícia Costa Ph.D

Investment Manager

Pedro Cunha

Investment Manager

Afonso Granate Fernandes

Investment Manager

Rui Ferreira

President

Fernando Peres Ferreira

Investment Manager

Adelina Figueiredo

Investor

Teresa Fiúza

Executive Vice President

Pedro Grilo

Investment Manager

Nuno Macedo

Investment Manager

António Martinez

Investment Manager

Adão Oliveira

Investment Manager

Filomena Pastor

Investment Director

João Pereira

Investment Director

Pedro Quelhas

Investment Manager

Joana Rocha

Investment Manager

Sílvia Silva

Investment Manager

Helena Taveira

Investment Manager

Ana Lobo Xavier

Investor

278 past transactions

C-mo Medical Solutions

Seed Round in 2022
C-mo Medical Solutions specializes in developing monitoring devices aimed at providing a comprehensive assessment of cough patterns in patients. The company's portable and ergonomic wearables facilitate long monitoring periods and the detection of distinctive cough patterns. With fully automated analysis capabilities, these devices enable healthcare professionals to deliver accurate diagnoses and prescribe personalized treatment plans. By addressing key use-cases throughout the patient management lifecycle, C-mo Medical Solutions plays a significant role in enhancing cough-related healthcare.

Spotlite

Seed Round in 2022
Spotlite, based in Coimbra, Portugal, specializes in developing monitoring systems that utilize satellite imagery for infrastructure assessment. The company's platform enables continuous large-scale monitoring to detect potential risks early, thus allowing clients to mitigate the likelihood of critical situations and associated damages. By providing analytics for asset management and maintenance operations, Spotlite supports infrastructure managers and operators in implementing timely preventive measures. This proactive approach is designed to prevent critical failures and minimize losses across various industries.

Hoopers

Venture Round in 2022
Hoopers is a Portuguese startup that operates a digital community platform aimed at connecting basketball players, fans, and enthusiasts. The company facilitates interactions through both digital and physical initiatives, creating a vibrant basketball tech community. Its platform enables users to connect with one another via online communities, revitalized basketball courts, organized events, and engaging content. Additionally, Hoopers explores innovative products and experiences, including the incorporation of NFTs, to enhance the basketball experience for its users. The company is currently incubated at Startup Lisboa and Startup Braga, which supports its growth and development in the industry.

Fraudio

Seed Round in 2022
Developer of fraud prevention software intended to detect fraudulent merchants and money laundering. The company leverages artificial intelligence technology connecting merchants, payment service providers, acquirers, and card issuers of all sizes to the same centralized core, trained with billions of transactions, enabling users to make a safe transaction while on guard against fraud in payments.

WalliD

Seed Round in 2022
WalliD, based in Lisbon, Portugal, develops online identification and authentication solutions aimed at managing identities in a secure and verifiable manner. Founded in 2018, the company offers tools like ImportiD, a desktop application for extracting attributes from certified documents, and MyEtherID, a web application for encrypting and storing identities on a smart contract. WalliD serves as a global protocol for certified identity document transactions, allowing users to securely store their identity documents in Ethereum wallets. It facilitates safe and rapid validations for online services requiring Know Your Customer (KYC) compliance. The protocol supports Certification Authorities and employs digital certificates issued through public key infrastructure, ensuring that all stored ID documents are reliable and can be validated in a trustless environment. Additionally, WalliD provides data verification services that enable platforms to confirm user identities through various ID infrastructures, allowing crypto users to consolidate ownership of multiple social network identities within a single wallet.

Managing The Intelligence

Seed Round in 2022
Developer of electronic devices intended to develop IoT eco-friendly devices to make more sustainable buildings. The company uses artificial intelligence, automation, and digital processes to reduce the environmental footprint and control various systems installed in buildings, such as HVAC systems, lighting control, photovoltaic and solar heating panels, energy monitorization, and smart appliances, enabling companies to make more sustainable buildings, optimize operational costs, and increase revenues.

Hoopers

Seed Round in 2022
Hoopers is a Portuguese startup that operates a digital community platform aimed at connecting basketball players, fans, and enthusiasts. The company facilitates interactions through both digital and physical initiatives, creating a vibrant basketball tech community. Its platform enables users to connect with one another via online communities, revitalized basketball courts, organized events, and engaging content. Additionally, Hoopers explores innovative products and experiences, including the incorporation of NFTs, to enhance the basketball experience for its users. The company is currently incubated at Startup Lisboa and Startup Braga, which supports its growth and development in the industry.

Relive

Pre Seed Round in 2022
Relive is creating a trusted, global brand focused on simplifying the real estate journey, as a digital, transparent and efficient experience. We believe that the real estate industry has been left behind in terms of technology and proper systems to support people looking to buy, sell, or rent a house. We expect simple answers and resources at our fingertips and that is why we are building a digital platform that simplifies and aggregates the real estate journey in a transparent, efficient, but also sustainable & more human way.
The Independente Collective is an innovation-driven hospitality group that is focused on developing hybrid hotel and hostel properties. It aims to provide unique and authentic experiences to each and every one of its guests with spaces designed to make them feel welcomed and relaxed, and fully enjoy all the city has to offer.

ChemiTek

Seed Round in 2021
ChemiTek specializes in the development, production, and commercialization of environmentally friendly detergents tailored to meet the specific cleaning needs of various industries. The company focuses on providing innovative and customized solutions, aiming to address unique challenges faced by its partners. ChemiTek's offerings include specialized cleaning methods for solar panels, as well as products designed for the cleaning and protection of glass surfaces. By leveraging its expertise, ChemiTek enables clients to effectively maintain their industrial products and assets, thereby enhancing performance and sustainability across different sectors.

Jscrambler

Series A in 2021
Jscrambler LDA is a web security company based in Porto, Portugal, founded in 2008, with additional locations in Lisbon and San Francisco. The company specializes in protecting web and mobile applications from various security threats. Its primary product, JScrambler, employs advanced JavaScript obfuscation techniques, providing robust security features, including code locks, self-defending capabilities, and threat monitoring. This platform helps prevent tampering, reverse-engineering, and counterfeit applications, while ensuring compliance with major technology frameworks such as HTML5 and Node.js. Jscrambler also offers a Webpage Integrity module, which delivers real-time visibility into client-side attacks, enabling businesses to respond swiftly to security incidents. The company's solutions cater to diverse sectors, including finance, healthcare, gaming, and online advertising, and are trusted by numerous organizations worldwide, including Fortune 500 companies.

Reckon.ai

Seed Round in 2021
Reckon.ai is a technology company based in Lisbon, Portugal, founded in 2017. It specializes in developing Reckon, a cloud platform designed for smart retail product analysis and price comparison. The platform leverages machine learning algorithms, data fusion, and computer vision to enhance how retailers gather competitive intelligence. By incorporating artificial intelligence and image recognition, Reckon enables retailers to effectively track and optimize their pricing strategies in relation to competitors. The company aims to address the inefficiencies and challenges faced by retailers in competitive analysis, recognizing that many opportunities for improvement remain unaddressed in the digital landscape.

Taikai

Seed Round in 2021
Most of the challenges organizations face go unsolved or lack different perspectives. We’re changing that by putting the right talent solving these challenges in an open collaborative environment. TAIKAI or 大会 (“coopetition” in Japanese) is the act of joining competing forces to cooperate to achieve a brighter solution together. By opening their innovation processes, companies and other organizations are able to improve the quality and speed of solution development. We do that by helping organizations to run their innovation challenges and hackathons acting as an online facilitator. Through our platform, it is possible to apply, participate, vote and reward the best projects that emerge from the challenge, in a fully online and transparent way.

Sleep & Nature

Venture Round in 2021
Sleep & Nature constructs and develops leisure and wellness facilities. It provides holistic services to lighten stress and sleeping problems. Sleep & Nature is based in Montemor-o-Novo, Portugal.

Watgrid

Venture Round in 2021
WineGrid is a real time wine production monitoring using a multi-parameter sensor to put inside tanks and barrels to help winemakers better follow their winemaking process, decrease their OPEX and increase the quality of their wine. The parameters analyzed so far are : density and Brix, temperature, turbidity, color intensity, color hue and level of liquid. The winemaker can easily access to the real time analysis of those parameter through the dashboard or their app.

PeekMed

Venture Round in 2021
PeekMed is a 3D pre-operative planning system for orthopedic surgery that aims to help the surgeon better treat the patient while reducing costs. With PeekMed the surgeon can plan: - Total Joint Replacements; - Osteotomies; - Fracture reductions; - Virtually any orthopedic procedure. The output of PeekMed system can later be used as an input for: - Navigation systems; - 3D printers; - Robotics; - Mobile devices. PeekMed was founded by Jaime Campos, Sara Silva, and João Pedro Ribeiro in 2015 and is located in Braga, Portugal.
Fluidinova is a high technology engineering manufacturer company specialized in high quality and high purity nano Hydroxyapatite as a raw-material for medical, cosmetics or other applications, in both paste and powder forms. Fluidinova provides directly to its clients worldwide, willing to improve their current range of products or develop new ones through R&D of innovative products or processes in partnership with national and international companies.

Merytu

Seed Round in 2021
Merytu is an online recruitment platform founded in 2019 and headquartered in Lisbon, Portugal. It enables users to choose and manage their job opportunities while providing a system for rating jobs and employers. Users receive payment following each evaluation, creating a feedback loop that benefits both professionals and companies. By connecting businesses with desired candidates for short-term work, Merytu aims to enhance the recruitment process for all parties involved.

CORe Protein

Venture Round in 2021
CORe Protein develops natural, sustainable protein supplements with personalized nutrition benefits designed for athletes. The protein isolate uses whey that is wasted during cheese production as using wasted fruit (also “ugly fruit”) as flavor instead of a synthetic molecule. The product benefits the entire supply and production chain, providing customers with good quality whey protein with the added benefit of consuming actual fruit and allowing the consumer to personalize their nutritional value intake.

Ruby Nanomed

Venture Round in 2021
Finding the best therapy for your cancer patient.

Reckon.ai

Venture Round in 2021
Reckon.ai is a technology company based in Lisbon, Portugal, founded in 2017. It specializes in developing Reckon, a cloud platform designed for smart retail product analysis and price comparison. The platform leverages machine learning algorithms, data fusion, and computer vision to enhance how retailers gather competitive intelligence. By incorporating artificial intelligence and image recognition, Reckon enables retailers to effectively track and optimize their pricing strategies in relation to competitors. The company aims to address the inefficiencies and challenges faced by retailers in competitive analysis, recognizing that many opportunities for improvement remain unaddressed in the digital landscape.

Hati-Cancer

Venture Round in 2021
Hati-Cancer is developing new drugs for metastatic cancer targeted therapy. The company was composed of 4 founders: Bruno Azevedo (CEO), Miguel Sousa (CTO), Ricardo Soares (COO), Rodrigo Pires (CCO), who are all Electrical Engineers.

Swatter

Venture Round in 2021
Swatter is a company based in Lisbon, Portugal, that specializes in developing mobile systems for controlling unmanned aerial vehicles (UAVs). The firm focuses on enhancing security by managing digital pathways and signal emissions to mitigate interference with other systems. Its technology is designed to assist defense organizations in addressing the challenges posed by unauthorized drones in restricted areas, thus contributing to national and international security efforts.

Sciven

Seed Round in 2021
SCIVEN is a Clean-tech company that markets, explores, and develops energy generation and supply solutions for intensive consumers. Their solutions are designed to promote it through strong benefits for its users but also with significant impacts on society.

SkyPowerLines

Venture Round in 2021
SkyPowerLines is a Portuguese startup specializing in aerial inspection and 3D mapping of transmission and distribution lines across Europe. Developed from the softlanding process by Brazilian company Novarum Sky, it offers a scalable service that utilizes innovative technology for image and data collection. The company employs small, long-range drones with fully automated flight plans, which provide a more efficient alternative to traditional ground patrols and larger drones equipped with LiDAR technology. This solution allows clients to conduct detailed analyses of areas at risk of accidents near power lines. The drones can be operated by customers, partner drone operators, or the SkyPowerLines pilot team, integrating seamlessly with IoT technologies to enhance operational effectiveness.

Neural Solar

Venture Round in 2021
Neural Solar is a company with innovative DNA in the field of electronics. It specialized in the development and design of monitoring and pattern detection patentable devices, in electricity production equipment using solar energy, and monitoring solutions for large areas with reduced need for infrastructures, such as for example, monitoring pollution or illegal activities in the ocean or monitoring forest fires.

OneCare

Venture Round in 2021
OneCare is a provider of elderly care services focused on promoting healthy aging practices. The company utilizes advanced medical technologies to monitor the daily life activities of the elderly. In addition to monitoring, OneCare offers neurocognitive stimulation games designed to engage users and support cognitive health. This combination of services enables caregivers to gain valuable insights into the care status and health progress of their patients, facilitating more effective and personalized care strategies.

Eptune Engineering

Seed Round in 2021
Eptune Engineering is working on a new method that will allow wind turbine blades to be repaired in extreme weather. Headquartered in Porto, Leça da Palmeira.

Intellicare

Venture Round in 2021
Intellicare provides greater security and well-being to the senior population and greater tranquility to their caregivers, thus enhancing the quality of life for both. Smart Monitoring's mission is to use ICT technologies to address better care to people's relatives to live with comfort, autonomy, safety, and perceived being close to their beloved ones.

inSignals Neurotech

Seed Round in 2021
inSignals Neurotech is a spin-off of the R&D Institute INESC TEC, that brings to market solutions developed by the research group. The company will explore technologies based on microengineering that enhance therapeutics approaches when dealing with neurological pathologies. The products being developed are designed after hearing the demands from doctors that require solutions to improve the precision of motor symptoms analysis, to support better therapeutics. The first product that will enter the market is iHandU to evaluate motor rigidity objectively and support Deep Brain Stimulation therapy of patients with Parkinson’s Disease.

Klugit Energy

Venture Round in 2021
Klugit Energy focuses on providing efficient demand-response solutions for utilities and households through its innovative smart plug technology. This plug can be attached to any electric water heater, transforming it into a Wi-Fi connected and smart-grid compatible device. Electric water heaters are known to waste significant energy due to standby thermal losses, with millions installed across Europe contributing to substantial energy waste. By utilizing artificial intelligence, Klugit's system learns users' hot water consumption patterns and optimizes heating schedules, resulting in immediate cost savings for families. Additionally, Klugit offers a cost-effective solution for utilities seeking to implement peak shaving services, effectively converting electric water heaters into energy storage devices that can address challenges associated with renewable energy integration.

Nina Space

Venture Round in 2021
Nina Space is an environmental services provider dedicated to preventing and mitigating wildfires. The company utilizes remote sensing and machine learning technologies to address the global challenge of wildfires, emphasizing the significance of maintaining healthy forests. By promoting the wellbeing of natural ecosystems, Nina Space aims to foster a deeper connection between people and nature, rather than creating a divide. Their innovative approach seeks to enhance environmental resilience while supporting community engagement with the natural world.

SCEMAI

Seed Round in 2021
SCEMAI is an AI-driven energy monitoring solutions provider for commercial and industrial applications. It was incorporated in 2020 and is headquartered in Madalena, Portugal.

Bioworld

Seed Round in 2021
Bioworld specializes in sustainable packaging solutions derived from waste materials in the agrifood industry. The company focuses on creating biodegradable polymers from organic waste, aiming to revolutionize the use of bioplastics and contribute to a circular economy. By redesigning packaging through innovative business models, Bioworld enhances product quality and ensures responsible end-of-life management, thereby fostering positive impacts on the economy, environment, and society.

Pureza Notoria

Seed Round in 2021
Pureza Notoria provides consultancy services, e-commerce, and technology solutions to entrepreneurs who want to focus on their business. They provide quality services, in accordance with the needs of customers, integrating highly specialized professionals through partnerships in specific projects.

Landratech

Seed Round in 2021
Landratech operates a physical and digital platform that connects various stakeholders in the acorn value chain, addressing the needs of both acorn-producing forest owners and the food industry. The company focuses on enhancing acorn yield and quality, providing innovative solutions that benefit forest owners who face challenges with low productivity. Simultaneously, Landratech caters to the food industry's demand for healthy and sustainable ingredients by offering access to acorns in various forms, such as seeds and flour. Through its platform, Landratech streamlines information sharing and facilitates the procurement of acorn-based agro-food products, thereby creating value-added opportunities for all participants in the supply chain.

Neroes

Seed Round in 2021
Neroes improve athletes’ performance and mental wellbeing through advanced brain technologies. Neroes boost athletes' performance by reducing anxiety and improving emotional control. It uses a wearable that reads brain waves which are fed into a videogame that trains and adapts to the brain of the athlete to potentiate maximum performance.

THEIA

Seed Round in 2021
THEIA develops remote monitoring systems for infrastructure based on satellite data, designed to answer the needs of multiple industries. These monitoring systems aim for an early detection of risk factors, minimizing the occurrence of critical situations and associated damages. THEIA participated in the European Space Agency - Business Incubation Center (ESA-BIC) Portugal. THEIA participated in HIT3CH - HERCULES Interface for Technology Transfer and Teaming in Cultural Heritage, promoted by the HERCULES Laboratory.

Wisify

Seed Round in 2021
Wisify is a technology company that specializes in the development and commercialization of innovative fitness tools, particularly focusing on its patented smart skinfold caliper called Lipowise. Established in August 2018 as a spin-off from the University of Porto, Wisify aims to enhance body composition assessment for professionals in health and sports. Lipowise offers a rigorous, fast, and accurate method for measuring body fat by evaluating the thickness and compressibility of skinfolds. This portable device connects via Bluetooth to its dedicated mobile applications, facilitating efficient data analysis through a cloud platform. With patents secured in major European markets and the United States, Wisify is positioned to provide low-cost solutions that empower professionals to improve individuals' health and quality of life.

Corium Biotech

Seed Round in 2021
Corium Biotech is an R&D company dedicated to the bioproduction of exotic leather destined to answer the current leather market needs for performant materials that respect both the environment and animal wellbeing.

Wakaru

Seed Round in 2021
Wakaru is a technology-based company, focused on developing solutions for the management and analysis of complex events in real-time. .They leverage their innovation capacity to develop new products with an SAP consulting practice specialized in customer and asset management, supported by SAP vertical systems: S/4HANA for Utilities, CRM and Digital Supply Chain.

About Aqua Food

Seed Round in 2021
About Aqua Food aims to produce and commercialize healthy, premium, and competitive foods, under the maximum environmental responsibility. AAF recognizes natural resources as catalysts for investment in low-density territories and seeks to achieve high-quality standards and food safety, simultaneously promoting the sustainability of native resources.

Partner in Cream

Venture Round in 2021
Partner in Cream is a digital direct-to-consumer skincare brand that focuses on delivering natural skincare solutions tailored to individual skin types. The company offers a range of products free from harmful ingredients, aiming to promote healthy and rejuvenating skin. By providing the appropriate cream for each skin type and serum for various skin concerns, Partner in Cream enables consumers to create personalized skincare routines that cater to their specific needs.

Yes Yes Yes

Venture Round in 2021
Yes Yes Yes is a direct to consumer natural skincare brand that provides the right cream for each skin type and serum for skin concerns.

Wysensing

Seed Round in 2021
Wysensing provides solutions to manage and monitor equipment and locations for quality control and hygiene analysis. They are a 100% Portuguese company dedicated to exploring and developing solutions applied in IOT – Internet of things. They emerged with the objective of putting Portugal on the front line in one of the markets with the greatest growth potential.

Hostels HUB

Venture Round in 2021
Hostels HUB is a hostel developer that is looking for opportunities both in city as leisure locations around Portugal.

redcatpig

Pre Seed Round in 2021
Operator of a gaming studio intended to create innovative and differentiated games for PC. The company's debut project features several classic game modes players have come to expect in vehicle combat games such as deathmatch, capture the flag, racing, several weapons and cosmetic customization options, enabling gamers to play with quality and focus.

Cleanwatts

Seed Round in 2021
Designed to address the complex multilayered needs of local energy communities, Cleanwatts combines the benefits of real time energy efficiency with the ability to activate a wide range of local assets (any equipment that generates, consumes, or stores energy) to maximize the value of energy produced, consumed, and stored within a community thereby delivering clean energy at well below the price of conventional electricity. Cleanwatts OS is modular by design, highly adaptable to different legal frameworks and the specific needs of typical local participants, including commercial real estate and industrial enterprises, single family homes, apartment blocks, municipal buildings, universities, schools, and hospitals. Critically, the platform also carries a Virtual Power Plant (VPP) user interface specifically designed to aggregate a wide range of energy loads to enable market balancing services in support of local grid operators. In this respect, the Cleanwatts approach to serving energy communities is a game changer, providing a simple and flexible solution with intelligent controls designed to process and optimize all local needs in real time, from behind the meter applications to front of the meter local market requirements.

Lovys

Series A in 2021
Lovys is a digital insurance provider based in France. The company was founded in 2017. Lovys is the first 100% digital, all-in-one and flexible insurance in France. They are rethinking the entire user experience so that insurance becomes finally simple, transparent and personal. One interface, one monthly subscription for all insurance needs. Choose another insurance experience! Register on www.Lovys.fr to access the Beta version available soon.

Beeyard

Seed Round in 2021
Beeyard is an app-based platform for beekeepers to manage beehive, save operation data, and schedule events online. Beeyard provides beekeepers a suite of tools for the management and remote monitoring of beehives with the aim of improving productivity in honey production and pollination operations.

Nu-Rise

Seed Round in 2021
Nu-Rise is a company focused on improving cancer treatment through advanced nuclear radiation sensors and equipment. They have developed a specialized probe that monitors radiation levels in real-time inside the patient's body, allowing doctors to precisely target cancerous tissues while minimizing exposure to healthy organs. This innovation includes dosimeters and nuclear radiation monitoring systems specifically designed for medical applications, such as prostate brachytherapy. By enabling in-vivo dose tracking, Nu-Rise's technology aims to enhance the safety and accuracy of radiation therapy, ultimately optimizing treatment outcomes for patients battling cancer.

Goclever

Seed Round in 2021
Goclever, established in 2019 and headquartered in Lisboa, specializes in digitizing the physical environment to enhance economic efficiency. The company has developed an artificial intelligence-based platform that utilizes advanced sensors to automate and improve operations in the maritime industry. Its solutions include waste management and cargo verification systems, which aim to optimize port efficiency. By streamlining logistics processes and reducing operational costs, Goclever contributes to creating a more sustainable network for the flow of goods.

Bandora

Seed Round in 2021
Bandora is a prominent provider of autonomous building operations solutions, focusing on enhancing energy efficiency in commercial buildings. The company's flagship product, the Cloud-based Operations Manager, utilizes artificial intelligence to offer real-time control of a building's energy systems. This technology is compatible with various building management systems and IoT devices, allowing it to integrate seamlessly with existing infrastructure. By gathering data from multiple sources, including user feedback and environmental sensors, Bandora's solution helps optimize equipment performance and manage user interactions, ultimately enabling clients to reduce energy consumption and minimize waste.

Wall-i

Seed Round in 2021
Wall-i is a Portugal-based company that operates a cloud-based digital signage platform designed to enhance outdoor advertising. Its system allows for the targeted display of ads on screens by analyzing audience demographics such as age, gender, and mood. By leveraging audience recognition technology, Wall-i enables real estate owners to monetize their LCD screens and tablets through a programmatic advertising model. The platform provides comprehensive metrics and insights, allowing users to measure the effectiveness of their campaigns and improve audience engagement. This innovative approach positions Wall-i as a key player in the outdoor advertising market, akin to the role of Google Ads in the digital space.

IHCare

Seed Round in 2021
Manufacturer of medical equipment intended to fight healthcare problems. The company provides devices that help to provide in-bed hygiene with running warm water, enabling healthcare professionals to reduce time and money.

UZME

Seed Round in 2021
UZME specializes in innovative thermal solutions for the food and beverage industry, focusing on autonomous heating technology. The company has developed a lunchbox that utilizes water-activated heat-generating pads, allowing users to heat meals without relying on electricity or gas. This product is designed to enhance convenience for individuals who enjoy meals outside traditional settings, such as canteens or office kitchens, thereby promoting healthier eating habits and enabling social distancing. By providing a practical solution for meal heating, UZME aims to improve service delivery and customer satisfaction in various dining environments.

Spotlite

Venture Round in 2021
Spotlite, based in Coimbra, Portugal, specializes in developing monitoring systems that utilize satellite imagery for infrastructure assessment. The company's platform enables continuous large-scale monitoring to detect potential risks early, thus allowing clients to mitigate the likelihood of critical situations and associated damages. By providing analytics for asset management and maintenance operations, Spotlite supports infrastructure managers and operators in implementing timely preventive measures. This proactive approach is designed to prevent critical failures and minimize losses across various industries.

FastCompChem

Seed Round in 2020
FastCompChem develops technologies that enable simulations with precise methods ab initio of quantum mechanics. These algorithms can also be used to train databases for artificial intelligence and machine learning, providing new molecular descriptors for use in SAR studies. Fastcompchem is revolutionizing the research process associated with the development of new drugs.

Flowco

Seed Round in 2020
Flowco is a design and architecture brand based in Porto, Portugal, focused on ecological sustainability. The company collaborates with architects and interior designers to create eco-friendly products. By partnering with material development laboratories and educational institutions, Flowco promotes the principles of the circular economy, integrating sustainable practices from initial concept to final product. This approach not only enhances product value but also contributes to advancements in waste management, helping businesses meet their sustainability objectives.

Tesselo

Seed Round in 2020
Tesselo provides a platform that simplifies access to environmental and business insights derived from Earth Observation data and Artificial Intelligence. The company specializes in geospatial intelligence, focusing on remote sensing analysis and land cover mapping. Tesselo's system processes satellite imagery to create clear visuals and detailed analyses, enabling clients to utilize user-friendly continuous environmental monitoring tools for real-time data. This approach supports informed decision-making related to sustainability and environmental management.

S&DG Consulting

Seed Round in 2020
S&DG Consulting provides renewable energy sources intended for innovative energy storage. The increased participation of renewable energy sources in the energy matrix implies the development of innovative energy storage solutions to guarantee the integration of these intermittent energy sources in the energy distribution systems, it is for this reason, that energy storage is the key to the energy transition. Based on this scenario, they are developing an innovative solution, which will make it possible to take advantage of the available infrastructure at more than 33,000 vehicular natural gas filling stations in 90 countries, to store surplus renewable energy production, and to generate of electricity in a decentralized manner.

Ccrave

Seed Round in 2020
Ccrave is a circular lifestyle content and eCommerce platform. It accelerates the impact and business success of circular brands, focusing on waste-based and zero-waste products in the home, fashion, and lifestyle categories. We promote a circular lifestyle through inspiring and educational content.

ablute_

Seed Round in 2020
Ordinary toilets are invention from the XIX century and almost didn’t change anything… Old designs were around the same. But, most of all, toilets should be like all the appliances people use on their homes, a helpful machine, not the most hated task – clean it.

We Can Charge

Pre Seed Round in 2020
We Can Charge offers a platform that enables businesses to build, manage, and monetize their own electric vehicle charging networks. The company specializes in developing a decentralized, data-driven solution that allows for the creation of autonomous charging infrastructure. This innovative approach empowers organizations to establish and control their charging stations globally without requiring significant financial investments. By providing the necessary tools for businesses to create private charging networks, We Can Charge facilitates the growth of electric vehicle infrastructure, making it accessible and economically viable for various enterprises.

BestHealth4U

Seed Round in 2020
BestHealth4U focuses on researching and developing advanced medical adhesive technologies aimed at enhancing patient care. The company creates innovative and eco-friendly adhesive solutions designed to prevent skin injuries, accelerate healing, and improve overall patient health. By transforming the attachment methods for bandages, dressings, and medical devices, BestHealth4U enables healthcare providers to minimize skin damage, discomfort, irritation, and the risk of infection. The company's commitment to safe and effective products supports doctors in preventing adhesive-related skin injuries, ultimately promoting better patient outcomes.

United Boutiques

Seed Round in 2020
United Boutiques is an online tech platform that sells deadstock from fashion multi-branded local boutiques. Through a digital marketplace with state-of-the-art e-commerce dedicated technology, customers navigate through the stock of fashion items and get recommendations accordingly with their preferences and habits.

Aqva More

Seed Round in 2020
Aqva More specializes in water consumption monitoring systems aimed at reducing water wastage. The company provides technological modules designed for installation in residential households and boilers. Its solutions focus on preserving natural resources while also offering features for bill management and ecological footprint assessment. By implementing these systems, customers can effectively lower their water consumption and save on utility expenses, contributing to both environmental sustainability and financial savings.

REATIA

Seed Round in 2020
REATIA helps people connect with other estate agents and agencies, or homeowners selling their own houses. Users can also carry out market analyzes and Property Valuations, all with customized reports that can be delivered directly to clients. It was founded in 2018 and headquartered in Lisboa, Portugal.

redcatpig

Pre Seed Round in 2020
Operator of a gaming studio intended to create innovative and differentiated games for PC. The company's debut project features several classic game modes players have come to expect in vehicle combat games such as deathmatch, capture the flag, racing, several weapons and cosmetic customization options, enabling gamers to play with quality and focus.

Algrave Sun Boat Trips

Venture Round in 2020
Algrave Sun Boat Trips is a family-owned and operated business that offers solar-powered boats.

HiJiffy

Seed Round in 2020
HiJiffy is a guest communication platform that automates and enhances customer service in the hospitality sector. By integrating advanced technology, HiJiffy centralizes various hotel service activities, allowing for efficient and reliable guest interactions. Operating in over 1,400 hotels across 30 countries, the platform boasts an average automation rate of 80%, addressing the growing complexity of guest communications. HiJiffy employs artificial intelligence to facilitate personalized guest experiences, enabling hotels to improve customer satisfaction and increase direct bookings. This solution ensures that hotels can provide instant, 24/7 responses to guest inquiries, ultimately enhancing engagement and operational efficiency.

EatTasty

Venture Round in 2020
Producing every-day tasty food through a decentralized model, aiming to deliver the best food through the biggest community of producers.

Nutrium

Seed Round in 2020
Nutrium is a Portuguese company founded in 2015, specializing in online nutrition software aimed at enhancing the efficiency of dietitians in monitoring their patients' progress. The platform provides tools for professionals to manage appointments, set goals, and track meal plans, while also storing essential dietary, personal, and clinical information. This integrated approach not only streamlines the tasks of nutrition professionals but also motivates patients to achieve their health goals through continuous support and access to professional advice. By facilitating better communication and monitoring, Nutrium aims to improve patient outcomes and retention in the nutrition counseling process.

Eneida

Venture Round in 2020
Eneida designs and develops smart sensors and artificial intelligence applications for resilient and agile low voltage grid. Its product called Deep Grid is a collaborative energy IoT platform for the remote and online optimization of the low voltage network. The company aims to help electric utilities to make the most of their low voltage network. Eneida was founded in 2012 and is headquartered in Coimbra, Portugal.

Wide Ocean Retreat

Venture Round in 2020
Wide Ocean Retreat helps people help more people realize their retreat dreams. It features places such as a natural, quiet environment surrounded by cliffs, waterfalls, forests, rivers, and sandy beaches.

Didimo

Venture Round in 2020
Didimo focuses on humanizing technology and reducing digital isolation. They automate 3D character creation - a once expensive and time-consuming task - in 30 sec or less. Their product - a Didimo - a lifelike 3D characters that look, act and speak like a person will connect every one of us more closely to the digital world, driving a new paradigm for communication, through the image they know the most - their own face.

LegalVision

Venture Round in 2020
LegalVision is a web-based software (SaaS) that allows lawyers and business owners to manage their legal documents and process. It allows users to file legal documents online, to follow the status of the file, to have the documents electronically signed, and to get the documents up to date.

Landratech

Venture Round in 2020
Landratech operates a physical and digital platform that connects various stakeholders in the acorn value chain, addressing the needs of both acorn-producing forest owners and the food industry. The company focuses on enhancing acorn yield and quality, providing innovative solutions that benefit forest owners who face challenges with low productivity. Simultaneously, Landratech caters to the food industry's demand for healthy and sustainable ingredients by offering access to acorns in various forms, such as seeds and flour. Through its platform, Landratech streamlines information sharing and facilitates the procurement of acorn-based agro-food products, thereby creating value-added opportunities for all participants in the supply chain.

Probely

Seed Round in 2020
Probely is a SaaS platform that specializes in web vulnerability scanning for agile teams, aimed at enhancing the security of web applications. The service offers continuous scanning capabilities, allowing businesses to efficiently manage the lifecycle of identified vulnerabilities through an intuitive web interface. Probely provides detailed remediation instructions, including code snippets, to assist users in addressing these vulnerabilities effectively. The platform incorporates advanced features such as machine learning and heuristic techniques to minimize false positives, while also supporting direct integration with continuous monitoring tools and development processes. This functionality enables businesses to automate security testing, thereby reducing the risk of cyber attacks and enhancing overall cybersecurity posture.

MindProber

Seed Round in 2020
MindProber, based in Matosinhos, Portugal, specializes in software and hardware solutions designed to measure viewer engagement with media content and predict audience churn. Established in 2016, the company focuses on addressing the limitations of consumer neuroscience by offering automated media testing tools that deliver quick and scalable insights. Utilizing proprietary medical-grade sensors, MindProber collects both declarative responses and physiological reactions from a large panel of participants. The data is analyzed to provide detailed reports on the impact of media content, presented through interactive dashboards that clients can control. The company's products are tailored for sports organizations, broadcasters, producers, brands, and research agencies, helping them understand audience interactions and optimize their content strategies.

LiMM Therapeutics

Seed Round in 2020
LiMM Therapeutics operates as a biopharmaceutical company that harnesses the molecular cross-talk between neuronal and innate lymphoid cells. It develops products designed to preserve health and treat inflammatory, infectious, and metabolic diseases. The company is dedicated to bridging neural sensing and immunology discoveries to unlock therapeutic solutions for the benefit of patients.

Barkyn

Series A in 2020
Barkyn, Lda is an e-commerce platform based in Porto, Portugal, that specializes in providing personalized care for pets through a subscription-based model. Founded in 2016, the company offers a range of products and services tailored to pet owners, including natural food, medicines, toys, snacks, and supplements. Customers can create an online profile for their dogs to receive customized food options and order subscription boxes delivered to their doorstep. Additionally, Barkyn provides access to veterinary support through chat and email services, ensuring comprehensive care for pets. This approach enables pet owners to conveniently manage their pets' health and well-being through a single platform.

Defined.ai

Series B in 2020
Defined.ai is a data science company that specializes in providing artificial intelligence training data for various machine learning applications. The company operates a self-service SaaS platform that allows users to source and enrich structured training data, enhancing the capabilities of models to interpret text, speech, and images. Additionally, Defined.ai offers an API that integrates directly with users' data processes, facilitating the retrieval of enriched training data. The company also features Neevo, an online platform that invites contributions from the public to improve AI systems. Serving industries such as automotive, banking, utilities, fintech, media, and healthcare, Defined.ai combines machine learning, data science, and crowd-sourcing to streamline global data collection and enrichment efforts, ultimately improving the quality, scalability, and time-to-market of AI and natural language processing applications. Founded in 2015, Defined.ai is headquartered in Seattle, Washington, with additional offices in Porto and Lisbon, Portugal, and Tokyo, Japan.

Fülhaus

Seed Round in 2020
Fulhaus is an interior design company based in Montreal, Quebec, that specializes in providing comprehensive design and furnishing packages tailored for rental businesses, including hotels and short-term vacation rentals. Founded in 2015, the company offers a range of solutions including its Haus-in-a-Box concept, which encompasses sourcing, furnishing, installation, staging, and professional photography, all completed within three weeks. Fulhaus focuses on creating an impactful guest experience through its customizable packages, rapid delivery, and flexible pricing options. By leveraging technology, the company streamlines the interior design process, positioning design as a product rather than a service, ultimately helping clients enhance their rental offerings and optimize marketing strategies.

proGrow

Seed Round in 2020
proGrow, S.A. is a software company based in Matosinhos, Portugal, founded in 2014. The company offers a SaaS platform designed to enhance operational efficiency in industrial settings by supporting Kaizen and continuous improvement methodologies. Its software enables automatic extraction and centralization of production data from various sources, facilitating the analysis of key performance indicators (KPIs) and promoting best practices through collaboration tools. The platform includes modules for business intelligence, workflow management, and communication, aiming to address operational gaps and streamline processes. By integrating and monitoring production information, proGrow empowers manufacturing plants to enhance productivity while minimizing resource use, ultimately helping organizations resolve recurring issues efficiently.

Didimo

Venture Round in 2019
Didimo focuses on humanizing technology and reducing digital isolation. They automate 3D character creation - a once expensive and time-consuming task - in 30 sec or less. Their product - a Didimo - a lifelike 3D characters that look, act and speak like a person will connect every one of us more closely to the digital world, driving a new paradigm for communication, through the image they know the most - their own face.

Mercadão

Venture Round in 2019
Mercadão is an online marketplace based in Lisbon, Portugal, that connects consumers with a diverse range of products from various retailers. The platform offers an extensive selection of items, including groceries, pet supplies, dietary products, beauty and hair care items, wines, toys, chocolates, supplements, flowers, and beers. Additionally, Mercadão features a real-time order tracking system and efficient delivery scheduling, allowing customers to manage their purchases conveniently. By facilitating quick deliveries from multiple stores, Mercadão enhances the shopping experience, helping customers save time and streamline their online shopping activities.

Luggit

Pre Seed Round in 2019
Luggit is a mobile application that provides a real-time solution for luggage transportation, allowing travelers to journey without the burden of their bags. The platform connects independent travelers and businesses with drivers, referred to as Keepers, who are responsible for collecting and delivering luggage at the specified time and location chosen by the user. This service is designed to enhance the travel experience by offering convenience and flexibility, enabling individuals to focus on their journey rather than their luggage.

Refundit

Venture Round in 2019
Tax-free shopping is easy and stress-free with the fully digitalized Refundit mobile App that cuts through the red tape for tourists and helps you skip the lines, including the ones at the airport. With Refudit’s simple and easy-to-use App, tourists can get their refund online and in no time. Tax authorities can enjoy their advanced management pan European platform – VATWISE – which enables big data analytics, better fraud prevention capabilities, and much more. Refundit’s mobile solution allows travelers to reclaim VAT refunds digitally and avoid tedious paperwork and queues at the airport. More than 50 countries allow tourists to get VAT refunds for purchases of products they take with them when they leave. In Europe, VAT on clothing, electronics, toys, etc. range between 17% to 27%. Still, close to 90% of the refund entitled to non-EU residents visiting the EU does not reach its destination due to the complicated process. Refundit simplifies tax-free shopping. With Refundit, the tourist’s claim is sent off before they reach the airport. And, they can get their refunds from purchases in all stores, including small and medium-size local stores. Refundit also sets a new standard with the lowest and most transparent fees: their handling fee is only 9% as compared to traditional companies, which charge 30%-60% of the refund. Refundit was founded in 2017 and is headquartered in Tel-Aviv, Israel.

CellmAbs

Seed Round in 2019
CellmAbs is a biopharmaceutical company based in Lisbon, Portugal, focused on developing innovative therapies in glycoimmunology and oncology. The company specializes in creating therapeutic cancer drugs that enhance immunotherapies by addressing the challenges posed by aberrant glycans, which can inhibit immune responses against tumor cells. By targeting these specific cancer cell characteristics, CellmAbs aims to improve the efficacy of treatments, allowing oncologists to provide effective options for a broader range of patients. Through its research and development efforts, CellmAbs is committed to advancing the field of cancer treatment and improving patient outcomes.

Azores Touch

Venture Round in 2019
Azores Touch, founded in 2017 by Sérgio Cota, specializes in rental services for local accommodations, car rentals, and a variety of tourist activities both on land and at sea in the Azores. The company aims to enhance the experiences of tourists by offering comprehensive services that encompass everything from check-in to check-out. Azores Touch provides a wide selection of activities, many of which are unique to the region, ensuring that visitors can fully immerse themselves in the local culture, history, and natural beauty. With a robust network of partners across various sectors of tourism, Azores Touch is well-equipped to offer a diverse range of options, making it an ideal choice for travelers seeking memorable vacations in the Azores.

Fonte Online

Venture Round in 2019
Fonte Online develops and manages online businesses for its clients. The company offers online business and application management, consulting, and investing. Furthermore, it offers expertise in value proposition, delivery operation implementation and monitoring, communication strategy, SEO and SEM, and internationalization. Fonte Online was launched in 2014 by Goncalo Soares and Ricardo Monteiro and is based in Lisboa.

Reckon.ai

Venture Round in 2019
Reckon.ai is a technology company based in Lisbon, Portugal, founded in 2017. It specializes in developing Reckon, a cloud platform designed for smart retail product analysis and price comparison. The platform leverages machine learning algorithms, data fusion, and computer vision to enhance how retailers gather competitive intelligence. By incorporating artificial intelligence and image recognition, Reckon enables retailers to effectively track and optimize their pricing strategies in relation to competitors. The company aims to address the inefficiencies and challenges faced by retailers in competitive analysis, recognizing that many opportunities for improvement remain unaddressed in the digital landscape.

VizitAR

Seed Round in 2019
VizitAR is a start-up that offers an augmented reality platform designed to enhance the visitor experience in cities, museums, and stadiums. Founded in 2019 and based in Porto, Portugal, the company leverages users' exact locations alongside virtual and augmented reality technology to provide immersive, interactive tours. Its platform incorporates a gamification system and NFTs, allowing users to engage more meaningfully with their surroundings while also creating alternative revenue streams for venues. By improving storytelling and engagement, VizitAR aims to transform how individuals experience cultural and recreational spaces.

Bag4Days

Seed Round in 2019
Bag4days L.da operates an online suitcase rental and buying platform. The company’s platform offers luggage bags on rental basis in Europe. It also provides specific bags to carry wine or bicycles. The company delivers and collects bag at any European address. The company is based in Braga, Portugal.

Sailside

Venture Round in 2019
Sailside is a boat rental platform founded in 2017 and headquartered in Portugal. The company facilitates a peer-to-peer boat rental marketplace, enabling boat owners to list their vessels for rent or charter at no cost. Users can search for and book a variety of boats, from sailboats to yachts, across the globe. Sailside aims to make boating accessible to enthusiasts while allowing boat owners to earn income from their underutilized assets, as boats are typically used only a small percentage of the year. The platform offers several advantages for renters, including cost-effective alternatives to boat ownership, opportunities to explore unique destinations, and experiences in nature. Sailside also provides additional services such as skippers, price comparisons among listings, and insurance coverage to ensure a safe and enjoyable experience for users.

Classihy

Seed Round in 2019
Classihy offers a people management tool for staff and customers with professional and social components. Classihy is on its way to building a positive tool to give feed-back to owners, managers, and employees of restaurants, hotels, and retail.

Yara Box

Venture Round in 2019
Yara Pets develops and markets innovative and patentable products for commercialization in the domestic animal sector. It is currently focusing on an innovative and patented (Europe and USA) sandbox for cats. It allows users to separate clean sand from excrement helping cat owners in cleaning and disinfecting the box.

TRY Portugal

Venture Round in 2019
TRY Portugal are passionate about Portugal! Promoting active tourism experiences, exploring the Natural & Cultural Heritage of Portugal mostly in the country's interior regions yet unknown to most visitors, be it programs of hospitality services for event promoters, international tourism operators and general tourists.
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