Portugal Ventures

Portugal Ventures is a venture capital firm based in Portugal that specializes in investing in innovative, scientific, and technology-driven companies, as well as those in tourism and industrial sectors. Established in June 2012 through the merger of three state-backed private equity firms, it focuses on startups with global ambitions that are in their seed and early stages. The firm typically invests between 300,000€ and 1,500,000€, with a preference for co-investing alongside both Portuguese and international partners. Investments are structured in tranches, contingent upon the achievement of specific milestones. By taking minority stakes and securing seats on the Board of Directors, Portugal Ventures aims to partner with exceptional entrepreneurs to enhance their competitiveness and success. The firm operates from its headquarters in Porto and has an office in Lisbon, supporting companies that contribute to the Portuguese economy and seek to expand into global markets.

Maria João Almeida

Investment Manager

Nuno Ferreira de Almeida

Investment Manager

Miguel Barbosa

Investment Director

Miguel Botto

Investment Director

Patrícia Costa

Investment Manager

Pedro Cunha

Investment Manager

Afonso Granate Fernandes

Investor

Rui Ferreira

President

Fernando Peres Ferreira

Investor

Teresa Fiúza

Executive Vice President

Pedro Grilo

Investment Manager

Regina Jorge

Director, Funds

Cristina Leitão

Director, Finance

Nuno Macedo

Investment Manager

Rita Marques

Marketing 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

Raúl Saraiva

Investment Manager

Sílvia Silva

Investment Manager

Orsolya Szlovenszky

Portfolio Development Associate

Helena Taveira

Investor

Luis Vieira

Executive Vice President and Deputy Chief Executive Officer

Past deals in Southern Europe

C-mo Medical Solutions

Seed Round in 2022
C-mo is the solution providing a complete assessment of cough, adressing key use-cases across the patient management lifecycle.

Spotlite

Seed Round in 2022
Spotlite is a company based in Coimbra, Portugal, specializing in infrastructure monitoring systems that utilize remote sensing and satellite imagery for structural health assessment. Its platform offers continuous large-scale monitoring, enabling the early detection of potentially harmful events. By providing structural assessments, Spotlite helps clients across various industries to identify risks and mitigate damages, ultimately minimizing the occurrence of critical situations. The company's innovative approach supports proactive maintenance and enhances the safety and reliability of infrastructure.

Hoopers

Venture Round in 2022
Hoopers is a digital community platform that connects basketball players, fans, and enthusiasts through fields, content, experiences, and NFT. The Portuguese startup company is incubated at Startup Lisboa and Startup Braga.

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.

Hoopers

Seed Round in 2022
Hoopers is a digital community platform that connects basketball players, fans, and enthusiasts through fields, content, experiences, and NFT. The Portuguese startup company is incubated at Startup Lisboa and Startup Braga.
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
They develop, produce and commmercialize, environmental friendly, detergents for several industries, providing customers an innovative, customized and value-added solution.CHEMITEK wants to stand out for its innovative products. The position is find partners who have specific problems where we can act and solve with their Know-How, providing the ideal products for each area / customer.

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 platform that allows users to choose and manage their jobs. It also provides users the opportunity to rate the jobs and employers, and receives the payment after every evaluation. Merytu was founded in 2019 and is headquartered in Lisbon, Portugal.

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.

Swatter

Venture Round in 2021
Swatter develops mobile systems to control unmanned aerial vehicles. It manages digital ways and signal emission with other systems to avoid interference. Swatter is based in Lisboa, Portugal.

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.

Nina Space

Venture Round in 2021
Nina Space provides environmental services intended to prevent and mitigate wildfires. Their services include the use of remote sensing and machine learning to fight the global issue of wildfires and support the flourishing of humankind by focusing on the importance of healthy forests and aims, enabling people to reconnect with nature instead of alienating them.

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.

Klugit Energy

Venture Round in 2021
Klugit Energy aims to deliver simple, quick and cheap demand-repose solutions to utilities and families with immediate benefits. Klugit is a smart plug that can be connected to any electric water tank, converting it into a smart one, Wi-Fi connected and smart-grid ready. Electric water heaters/tanks (EWS) waste a lot of energy in standby thermal losses (438 kWh/y for an 80L). Only in Europe there are around 28 mio EWS installed, equivalent to 12 TWh/y of wasted energy (same emissions as 2 mio cars per year). By installing Klugit and placing our sensor in external contact with hot water pipe, we use AI to learn your hot water usage routine and heat up water when you will actually need it, delivering immediate savings to families (>45 EUR/y). More importantly klugit is the cheapest and quickest way to provide “peak shaving” services for utilities, since it converts electric tanks into smart grid energy storage devices, solving one of renewable energy biggest problems.

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.

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.

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 provides sustainable solutions using wastewaters from the agrifood industry, with a positive impact on the economy, environment, and society. Redesigns packaging solutions through circular business models, preserving quality and boosting end-of-life products.

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.

Landratech

Seed Round in 2021
Landratech is a physical and digital platform for the enhancement of acorn. The company now becomes a dynamic point that links the previously fragmented value chain. Landratech’s innovation activities provide value-added solutions for both the acorn-producing forest owners, who struggle with the low yield of their woods and for the food industry, which craves healthy and sustainable food with a positive impact on the environment.

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.

Wisify

Seed Round in 2021
Wisify developed the patented smart skinfold caliper called lipwise which is used for assessment and screening of body fat. Wisify – Tech Solutions is a Spin-off of the University of Porto, established in August 2018, which is dedicated to the development, manufacture, and commercialization of Lipowise, the most advanced digital skinfold caliper in the global market. Lipowise is a smart tool for rigorous and fast body fat assessment, for faster, low-cost and accurate localized body composition assessment for use by professionals in health and sports areas. Lipowise is portable, and communicates via Bluetooth with its own applications, having been granted patents in the largest European markets and in the United States.

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.

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.

Partner in Cream

Venture Round in 2021
Partner in Cream is a digital direct-to-consumer natural skincare brand that provides the right cream for each skin type.

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.

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.

Goclever

Seed Round in 2021
Goclever is a system for digitizing the physical world for financial advantage. Founded in 2019 and is based in Lisboa.

NU-RISE LDA

Seed Round in 2021
NU-RISE LDA helping doctors provide better cancer treatment. They have developed a probe that goes inside the body. This probe will monitor, in real-time, the level of radiation the patient is receiving. The Doctor can target the cancer but avoid the healthy organs. Better, safer and more accurate radiation - it's an evolution for cancer treatment.

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 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 business model, it enables real-estate owners to monetize LCD screens and tablets with ads.

Spotlite

Venture Round in 2021
Spotlite is a company based in Coimbra, Portugal, specializing in infrastructure monitoring systems that utilize remote sensing and satellite imagery for structural health assessment. Its platform offers continuous large-scale monitoring, enabling the early detection of potentially harmful events. By providing structural assessments, Spotlite helps clients across various industries to identify risks and mitigate damages, ultimately minimizing the occurrence of critical situations. The company's innovative approach supports proactive maintenance and enhances the safety and reliability of infrastructure.

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 brand of Design and Architecture inspired by ecological sustainability. Their team gathers a collective of architects based in Porto, Portugal.

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.

BestHealth4u

Seed Round in 2020
BestHealth4U is a company devoted to research and developing advanced solutions for companies that produce class 1 medical devices.

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 a platform that provides all the tools to build, operate and control your own electric vehicle charging network. They create fully autonomous and decentralized private charging networks for electric vehicles. With We Can Charge any company can create, control and monetize a network of chargers for electric vehicles.

AQVA MORE

Seed Round in 2020
AQVA MORE provides a water consumption monitoring system. The company offers tech modules that can be installed in residential households and boilers. Its features include natural resource preservation, bill management, ecological footprint management, and more.

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.

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.

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.

Landratech

Venture Round in 2020
Landratech is a physical and digital platform for the enhancement of acorn. The company now becomes a dynamic point that links the previously fragmented value chain. Landratech’s innovation activities provide value-added solutions for both the acorn-producing forest owners, who struggle with the low yield of their woods and for the food industry, which craves healthy and sustainable food with a positive impact on the environment.

LegalVision.fr

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.

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 owns and operates an e-commerce platform for pet owners, offering personalized feed and online veterinarian services. The company provides a subscription box, which includes natural food, and access to the service providers, at customer’s door step. The company allows users to order a feed or a custom pack by creating an online profile of their dog through the company’s platform. Further, the company offers its clients with a vet chat support and an email service. Barkyn, Lda offers its products online, through a subscription plan. Barkyn, Lda was founded in 2016 and is based in Porto, Portugal.

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.

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 operates an online market place that sells products from various stores. It offers products in various categories, including supermarket, animals, diet, beauty, hair, wines, toys, chocolates, supplements, flowers, beers, and other categories. The company is based in Lisbon, Portugal.

LUGGit

Pre Seed Round in 2019
LUGGit is a real-time solution that powers the way luggage is transported in a customized way. We connect independent travellers and businesses with Keepers (drivers) that collect and deliver the luggage at the selected time and location.

CellmAbs

Seed Round in 2019
CellmAbs develops therapies for glycoimmunology and oncology. It offers solutions for cancer, immunotherapies, and glycobiology. The company is based in Lisbon, Portugal.

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 offers a luggage hire service that delivers and picks up suitcases at any customer-specified European address. Bag4days allows users to rent their ideal suitcase and receive it in one of Bag4days' pickups, at their home or at an EU address and pay only for the days it is being used. Bag4days collects the suitcase at the end of the trip.

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.

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.

Tonic App

Venture Round in 2019
Tonic App S.A. is a digital health company that has developed a mobile application aimed at enhancing communication and collaboration among medical professionals. The application serves as a comprehensive platform for doctors to message, share, and archive patient cases, request expert advice, and network with peers. It also enables hospitals, pharmaceutical companies, and medical associations to connect with healthcare professionals and disseminate relevant medical content. Key features of the app include tools for coordinating urgent procedures, discussing clinical cases, sharing medical images, and accessing a range of healthcare resources, such as clinical calculators and drug conversion tables. Founded in 2016 and headquartered in Porto, Portugal, Tonic App strives to improve the efficiency of medical practice and patient outcomes through its integrated approach to health content aggregation and team collaboration. The application is available on Google Play.

Cereal Games

Venture Round in 2019
Cereal Games is a technology development company that specializes mainly in the development of serious and educational games. Its main goal and core activity is the development of serious games, with special emphasis on educational games, advergames, and health games. It also studies, investigates, and develop gamification scenarios. It has developed several games using technologies such as Augmented Reality, mobile devices, and the Internet of Things (IoT) to meet the demand of local authorities, schools, museums, and scientific observation centers in the region. It was founded in 2014 and is headquartered in Azores.

Doppio SA

Seed Round in 2019
Doppio SA is a game development company based in Porto, Portugal, founded in 2018. The company specializes in creating cross-platform and voice-controlled games, focusing on innovative, narrative-driven experiences. Doppio's notable titles include "The Vortex," a game designed for voice interaction on both Amazon Alexa and Google Assistant, and "The 3% Challenge." Through its unique approach to gaming, Doppio aims to advance the genre of conversational games and enhance user engagement with voice technology.

ChemiTek

Pre Seed Round in 2019
They develop, produce and commmercialize, environmental friendly, detergents for several industries, providing customers an innovative, customized and value-added solution.CHEMITEK wants to stand out for its innovative products. The position is find partners who have specific problems where we can act and solve with their Know-How, providing the ideal products for each area / customer.

Azitek

Pre Seed Round in 2019
Azitek is a company based in Leça da Palmeira, Portugal, that specializes in real-time asset locating and management solutions. Founded in 2017, it utilizes low-cost radio frequency identification (RFID) and real-time location systems (RTLS) to track various assets, including equipment, tools, containers, cranes, and straddle carriers. Azitek’s technology is designed to enhance asset visibility and optimize resource management for clients in the automotive, airport, and seaport sectors. By digitizing and locating assets, the company enables organizations to streamline logistics, improve efficiency, and reduce costs through data analysis and automatic alerts.

Lovys

Seed Round in 2019
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.

beamian

Seed Round in 2019
Beamian provides a comprehensive event management solution that integrates a cloud platform with physical identifiers to enhance the event experience. Its platform allows organizers to create and manage all aspects of an event, whether in-person, online, or hybrid. Key components include smart badges that identify attendees and IoT devices known as beamers, which track interactions between participants and exhibitors. This technology enables event organizers to efficiently register companies and attendees, facilitating meaningful connections through data management. Beamian's services cater to various sectors, including job and career fairs, food and drink events, corporate gatherings, music festivals, and global fairs and venues.

Noocity

Venture Round in 2019
Noocity provider of organic farming and food cultivation kits intended to help farmers grow more crops.

TargTex

Seed Round in 2019
TargTex is a drug development company focused on developing clinical candidates for different therapeutic indications. It provides therapeutics for Glioblastoma Multiforme. The company uses the artificial intelligence algorithm to find out the correlation between a small molecule and a target that is overexpressed in Glioblastoma Multiforme. The company is in the clinical trial of phase 2 study for its allosteric antagonist of a calcium channel that impairs GBM progression. These calcium channels are small molecules having anti-cancer properties. The company has also developed a biocompatible hydrogel formulation that was successfully tested in mice where GBM cells were injected intracranially. It was founded in 2019 and is based in Torres Vedras, Portugal.

Tripwix

Venture Round in 2019
Tripwix, established in 2016 and headquartered in Lisbon, Portugal, operates as an online travel agency specializing in luxury short-term rental services. The company focuses on providing a curated collection of personally inspected and hosted homes in prime locations across Mexico, Portugal, Spain, Turkey, and Italy. Catering to discerning travelers, Tripwix emphasizes high-quality accommodations while blending traditional values with modern sensibilities to create a unique travel experience.

XLR8 Revenue Management

Seed Round in 2019
XLR8 Revenue Management specializes in enhancing the profitability of hotels and boutiques by providing tailored revenue management strategies. The company has developed an innovative revenue management system that acts as a strategic assistant, helping hospitality businesses forecast occupancy and optimize sales pricing and room availability. This platform simplifies complex processes, previously accessible mainly to large hotel chains, enabling all types of hotels to address their daily operational needs effectively. By focusing on maximizing revenue growth through improved efficiency and innovation, XLR8 aims to empower its clients to achieve better financial outcomes.

Oliófora

Venture Round in 2019
Oliófora is a Portuguese company specializing in the production and sale of natural cosmetic products. Founded in 2013 and based in Telões, the company extracts high-quality cold-pressed oils from nuts and seeds to formulate a range of personal hygiene items and therapeutic massage oils. Its product line includes sweet almond oil, hazelnut organic oil, grape seed oil, shower oil-gel, shampoos, and soaps. Oliófora primarily targets the hotel industry, luxury eco-resorts, and wellness centers, offering its products to boutique hotels and SPAs in regions such as the Douro, the Algarve, and Lisbon. Additionally, the company sells its products online and in shops, focusing on providing quality natural beauty-enhancing solutions to both individual consumers and commercial clients.

Agri Marketplace

Venture Round in 2019
Agri Marketplace is a B2B cloud based platform for real transactions of agricultural products. We have built a complete digital solution with different added value services: marketplace to buy & sell, logistics services, quality inspections, secure payments and legal support. We believe our project is grounded on values of transparency and fair trade, and our business model aims to redistribute the value in whole food supply chain, in order to increase returns to those who assume more risks (e.g. farmers) and reduce the amount paid by the agro-industry buyers. We believe the platform’s model we envision is innovative and disruptive.

Digital Manager Guru

Seed Round in 2019
Built a more profitable digital business using our intelligence and metrics

Didimo

Seed 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.

advertio

Venture Round in 2019
advertio aims to set a new standard in digital advertising solving the actual complexity of the process. We offer a free to use platform for small business owners to advertise in multiple ad networks. Simply enter the URL for your website, we scan the web for your online presence and create a campaign fit for your needs which will be continuously improving to achieve better ROI.