Portugal Venture Capital and Business Angel Report

Pedro Almeida
3 min readApr 3, 2020

Portugal Venture Capital and Business report is now updated in my personal site. You can check latest version here (click here)

As a Business Angel, I invest in mission driven and tech founders. If you believe we can have fit, connect with me via LinkedIn here and request an appointment here

2020 April

Startup: Remote (https://remote.com/)

Amount: 11M$

TAGs: B2B, Remote Work, Human Resources

Investors: Two Sigma Ventures,Index Ventures, General Catalyst, Liquid2, INKEF Ventures, Remote First Capital, Sid Sijbrandij (CEO GitLab) and Jobert and Kirsten Abma (Co-founder HackerOne9)

Startup: Lineten (https://www.neworganicplanet.eu/)

Amount: Unkown

TAGs: B2B, B2C, Agriculture

Investors: VSM Capital

Startup: New Organic Planet (https://www.neworganicplanet.eu/)

Amount: Unkown

TAGs: B2B, B2C, Agriculture

Investors: VSM Capital

Startup: Followistic (https://followistic.com/)

Amount: 50k€

TAGs: B2B, Artificial Intelligence, Big Data, Cloud Data Services, Machine Learning, Privacy, SaaS

Investors: Next Media Accelerator

Startup: YData (https://ydata.ai)

Amount: Unknown

TAGs: B2B, Artificial Intelligence, Big Data, Cloud Data Services, Machine Learning, Privacy, SaaS

Investors: edp Ventures

Startup: B_create (https://www.bcreate.pt/)

Amount: Unknown

TAGs: B2B, Food and beverage

Investors: Ideias Glaciares

Startup: Hunter Boards (https://hunterboards.com/)

Amount: Unknown

TAGs: Hardware, B2C

Investors: Ideias Glaciares

2020 March

Startup: Indie Campers (https://indiecampers.com/)

Amount: 9M€

TAGs: B2C, Leisure, Tourism, Travel

Investors: Brickventures (€4.5M), 200M (€4.5M)

Startup: Anybrain (https://anybrain.gg/)

Amount: 1M€

TAGs: B2B, SaaS, Gaming, Artificial Intelligence, Information Services, Information Technology, Software

Investors: Trust eSports

Startup: Didimo (https://mydidimo.com/)

Amount: 200k€

TAGs: B2B, Augmented Reality, 3D Technology, Software, Virtual Reality

Investors: LC Ventures

Startup: Scubic (https://scubic.tech/pt/)

Amount: 50k€

TAGs: B2B, Water management

Investors: LC Ventures

Startup: Automaise (https://www.automaise.com/)

Amount:300k€

TAGs: B2B, Artificial Intelligence, Customer service

Investors: Bright Pixel

Startup: Track On Performance (https://trackonperformance.com/)

Amount: 100k€

TAGs: B2B, SaaS, Project Management

Investors: Invicta Angels

Startup: Mauro Mendes, Lda.

Amount: 304k€

Investors: VSM Capital

Startup: Ever Shou, Lda. (https://shou.pt/)

Amount: 267k€

Investors: VSM Capital

Startup: Special Variable, Lda.

Amount: 20k€

Investors: Olisipo Way

Startup: Save-e (https://save-e.pt/)

Amount: Unkown

TAGs: B2B, B2C, Clean Energy

Investors: LC Ventures

Startup: Codavel (www.codavel.com)

Amount: 1.3M€

TAGs: B2B, Mobile, Artificial intelligence, Software, Machine Learning

Investors: Armilar Venture Partners, Portugal Ventures, Ideias Glaciares and 200M

Startup: Landing.Jobs (https://landing.jobs/)

Amount: 2M€

TAGs: B2C, Career Planning, Marketplace, Recruiting, Social Recruiting

Investors: LC Ventures, 200M and Jacobo UG

Startup: Apres (https://www.apres.io/)

Amount: Unknown

TAGs: B2B, Artificial Intelligence, Developer APIs, Machine Learning, Outsourcing, SaaS

Investors: Techstars and SemapaNext

Startup: EmotAI (https://www.emotai.tech/)

Amount: Unknown

TAGs: B2B, B2C, Consumer Electronics, Education, Human Resources, Gaming, Hardware

Investors: Techstars and SemapaNext

Startup: Labby (www.labbyinc.com)

Amount: Unknown

TAGs: B2B, Food and Beverage, Internet of Things, Mobile Apps, Mobile Devices, Sensor

Investors: Techstars and SemapaNext

Startup: Left (www.travel-left.com)

Amount: Unknown

TAGs: Analytics, B2B, Business Travel, Data Storage, Database, Information Technology, Mobile Apps, Software, Travel, Web Apps, SaaS

Investors: Techstars and SemapaNext

Startup: ParaSpace (www.paraspace.com.au)

Amount: Unknown

TAGs: B2B, Augmented Reality, Construction, Mining, Virtual Reality, VR

Investors: Techstar and SemapaNext

Startup: Qsee (www.qsee.io)

Amount: Unknown

TAGs: B2B, Artificial Intelligence, Internet of Things, Predictive Analytics, Quality Assurance, Machine Learning

Investors: Techstars and SemapaNext

Startup: Rnters (www.rnters.com)

Amount: Unknown

TAGs: B2C, B2B, Rental, Marketplace

Investors: Techstars and SemapaNext

Startup: TicTacTrip (www.tictactrip.eu)

Amount: Unknown

TAGs: B2C, Public Transportation, Service Industry, Transportation, Marketplace, Aggregator

Investors: Techstars and SemapaNext

Startup: VueBox (www.vuebox.co)

Amount: Unknown

TAGs: B2B, Advertising, Hardware

Investors: Techstars and SemapaNext

2020 February

Startup: Sword Health (https://swordhealth.com/)

Amount: 8.6M€

TAGs: B2B, Big Data, Clinical Trials, Health Care, Medical, Medical Device, Therapeutics

Investors: Founders Fund (co-lead), Khosla Ventures, (co-lead), Green Innovations, Lachy Groom, Vesalius Biocapital and Faber Ventures

Startup: City Secret Trails (https://www.secretcitytrails.com/)

Amount: 200k€

TAGs: B2C, Marketplace, Travel Agency

Investors: Transavia Ventures, Techstars

Startup: Fülhaus (https://www.fulhaus.com/)

Amount: Unkown

TAGs: B2B, e-commerce, digital, furniture

Investors: Portugal Ventures

2020 January

Startup: ProGrow (http://progrow.io)

Amount: 2M€

TAGs: B2B, Industry 4.0, Agriculture, Industrial, Management Consulting, Productivity Tools, Service Industry

Investors: HCapital

Startup: Mobrand (https://www.mobrand.com/)

Amount: Unkown

TAGs: B2B, Advertising, CRM, Information Technology, Mobile, Robotics, Software, Adtech

Investors: Wisenext

Startup: Prodflow (https://www.productionflowapp.com/)

Amount: Unkown

TAGs: Mobile, app, production and production services, subscription, SaaS

Investors: Wisenext

Startup: Eneida (https://www.productionflowapp.com/)

Amount: 1.2M€

Investors: HCapital Partners

Tags: Clean Energy, Energy Efficiency, Power Grid, Wireless, IoT, B2B

Startup: RoutineDisplay

Amount: 70k€

Investors: Invicta Angels

Startup: Infinite Founders ( https://www.infinitefoundry.com/)

Amount: Unkown

Investors: Techstars

Tags: B2B, SaaS, subscription, enterprise software, deep tech, 3d technology, platform, supply chain management, automotive, back office, cloud computing, engineering services, simulation

Google sheet for an easier browsing here

This list is based on public available information. If there is any funding round I am missing let me know.

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Pedro Almeida

Investor and advisor in early stage tech startups based Portugal and with Global ambition. Know more at www.pedroalmeidabusinessangel.com