Sonae IM
Sonae IM is the corporate venturing arm of Sonae (retail and telco group), which is focused on investing in tech-based companies. The company invests in a broad range of companies related to Sonae's core, joining funding with a strategic profile. With a flexible investment style and approach, Sonae IM leverages on its technology expertise, brand capital, and access to a global network. The company supports companies to achieve success with an internal pool of experts, which supports portfolio management. Sonae has been developing different corporate venturing initiatives for long, namely revenue assurance leader WeDo (2001) and Mainroad spin-off (2003) and subsequent successful exit (2014). Moreover, after deciding that Cyber security was an interesting area, it invested in Spanish cyber security company s21sec (2014). Another critical space for retailers, location analytics, led to the investment in Movvo (2014). Since the official launch of Sonae IM in late 2015, the company invested in InovRetail (demand forecasting for retailers), StyleSage (fashion tech predictive analytics) and Sysvalue (cyber security add on for s21sec). Additionally, Sonae IM got involved in the acquisition of Novo Banco's stakes in 3 funds managed by ES Ventures and launched Bright Pixel (company builder studio). Sonae IM was officially founded in 2015, but corporate venturing initiatives within Sonae are in Sonae's DNA for longer and led to what Sonae IM is today. The company is based in Porto, Portugal.
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.
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.
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.
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.
Sensei Tech specializes in developing an AI-powered real-time video recognition system that enhances traditional video surveillance cameras, transforming them into advanced analytical sensors. Founded in 2017 and based in Lisbon, Portugal, the company creates algorithms that enable retailers to digitize their physical stores and monitor various aspects of the shopping experience. This includes measuring traffic flow, evaluating product performance, detecting out-of-stock items, and providing store benchmarking. By offering accurate in-store analytics, Sensei Tech helps retailers optimize operations and improve customer experiences, facilitating a seamless, checkout-free shopping environment. Their technology supports the evolution of "Phygital" stores, which blend physical and digital retail experiences to drive sales and enhance operational efficiency.
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.
InovRetail, Lda develops advanced analytics tools that assist retailers in improving their performance by making informed decisions. The company offers SEEPLUS, an advanced customer retail experience management platform that helps retailers to design and manage optimized atmospherics strategies for their retail stores; SEEMOBILE, an extension of SEEPLUS platform for mobile platforms, such as smartphones and tablets; and Customer Experience Lab framework that help retailers attain customer experience innovation sustainability. It also provides SEE-EXPLORER, an analytical platform built within the Office Excel productivity ecosystem that allows to model and explore various business data; and SEEWALL, a fitting room management system designed to help customers and retailers alike. The company was founded in 2011 and is headquartered in Porto, Portugal.
Movvo, Inc. develops indoor-tracking and real-time analytic platform that helps businesses to understand shopper behavior in physical spaces. The company offers its products to shopping malls, stores, department stores, thematic parks, airports, hospitals, conventions centers, smart cities, and other entertainment venues. The company was founded in 2009 and is based in Oporto, Portugal. It has offices in London, United Kingdom; and Hong Kong and Shanghai, China.
Private Equity Round in 2016
Sysvalue is specialized in consulting, integration and security services. Focused on interactive business and Internet services, SysValue helps companies get more value from their systems and communications assets, while making them more secure.
WeDo Technologies is a global leader in revenue and business assurance, specializing in software solutions and expert consultancy. The company focuses on the intelligent analysis of large volumes of data across organizations to identify and mitigate operational inefficiencies. By doing so, WeDo Technologies helps businesses achieve notable returns on investment through revenue protection and cost savings. The firm collaborates with prominent blue-chip companies in sectors such as retail, energy, and finance, as well as 180 telecommunications operators across nearly 90 countries. With a team of over 500 skilled professionals, WeDo Technologies is dedicated to enhancing operational performance for its clients.
Saphety Level - Trusted Services, S.A. develops and offers electronic documents exchange, invoicing, and data synchronization solutions. The company provides electronic bill presentment and procurement, billing analytics and reporting, contracting, automated negotiation, and catalogue management solutions. Additionally, it offers implement and customer support services. The company’s clientele include Coca Cola, Samsung, Prio, Eurest, NOS, and Oi. It has strategic partnerships with ARTSOFT, Multicert, Sonae, Contisystems, DigitalSign, and Brandbank. Saphety Level - Trusted Services, S.A. was formerly known as XCom SA and changed its name to Saphety Level - Trusted Services, S.A. in 2007. The company was founded in 2000 and is based in Lisbon, Portugal.