Armilar Venture Partners

Armilar Venture Partners is a venture capital firm founded in 2000 and based in Lisbon, Portugal. With nearly 300 million euros in assets under management, the firm specializes in investing in seed-stage and early-stage companies across a diverse range of sectors, including information technology, healthcare, consumer products, and financial services. Armilar focuses on innovative enterprises that leverage advanced technologies such as artificial intelligence, machine learning, augmented and virtual reality, and blockchain, primarily in the United States and Europe. By supporting companies with transformative products and services, Armilar aims to enhance the way people live and conduct business.

João Paulo Alpendre

CFO and Managing Partner

Pedro Castel-Branco

Senior Associate

Rodolfo Condessa

Principal

João Dias

Principal

Nuno Leite

CFO

Vitor Martins

Senior Associate

Inês Santos

Senior Associate

Pedro Ribeiro Santos

Partner

85 past transactions

Automaise

Series A in 2025
Automaise provides artificially intelligent virtual employees for customer service. Automaise offers a growing portfolio of virtual employees ready to be hired for various business verticals and tasks/processes.

Maven Pet

Pre Seed Round in 2024
Maven is a SaaS pet tech startup that provides a personal vet to track the pet’s safety and health 24/7. It focuses on using technology to improve the quality of life for pets, as well as offering pet owners peace of mind and a way to keep track of their pet's safety, health, and well-being on a continual basis through their own personal veterinarian. It was started by the founders of Findster Technologies in 2021 and is based in the US and Portugal.

Rows

Venture Round in 2024
Rows is a developer of a web application that aims to empower business users by providing a versatile spreadsheet solution. This application seamlessly integrates with various online services and application programming interfaces, allowing users to automate tasks and manage data effectively through cloud computing. By bridging the gap between traditional spreadsheet software and contemporary data requirements, Rows enables individuals and organizations to create interactive web applications without the need for coding skills, enhancing productivity and accessibility for everyday business operations.

Tonic App

Series A in 2024
Tonic App S.A. is a technology company based in Porto, Portugal, that has developed a mobile application designed to enhance communication and collaboration among medical professionals. The application supports doctors by enabling messaging, sharing, and archiving of patient cases, as well as facilitating expert consultations and networking opportunities. It serves various stakeholders in the healthcare sector, including hospitals, pharmaceutical companies, and medical associations, to connect medical doctors with their peers and relevant communities. Additionally, the application provides access to essential medical content, allows for the coordination of urgent procedures, and enables discussions on clinical cases. With features like video consultations, prescription tools, and clinical decision support resources, Tonic App aims to improve the efficiency of clinical practices and ultimately enhance patient outcomes. Established in 2016, the company is recognized for its commitment to quality and safety in its clinical algorithms.

Vawlt

Seed Round in 2024
Vawlt is a dynamic storage platform that simplifies the operation of multiple clouds while improving data security standards. The company is working in several technologies related to data security because we believe everyone is entitled to control and decide the destiny of their own data, and companies should be more responsible in handling such valuable, and personal, assets. Vawlt is a start-up from Lisbon, Portugal, founded by researchers from a very prolific R&D group - LASIGE - within the University of Lisbon.

KIT-AR

Seed Round in 2024
KIT-AR Ltd is a company based in London, United Kingdom, that specializes in designing and developing integrated industrial augmented reality systems aimed at enhancing manufacturing productivity across various industries, including automotive, aerospace, and electronics. Founded in 2018, KIT-AR focuses on providing solutions that help reduce production errors and improve quality assurance on the shop floor. The company's offerings include KIT-ASSIST, which delivers specialist knowledge through a heads-up display; KIT-SMART, a set of intelligent modules that monitor the working environment and worker activity; KIT-BUILD, which manages work instructions; and KIT-INSIGHT, which provides insights into productivity and efficiency. By connecting and empowering shop floor employees with timely information and automated quality checks, KIT-AR enables manufacturers to minimize unplanned downtime and achieve higher accuracy in their operations.

Appentra

Seed Round in 2023
In the software world, new technologies have recently put on the hands of companies and developers highly powerful tools which involve a leap in computing capabilities. First, heterogeneous multicore systems have become small and affordable supercomputers. Second, Artificial Intelligence, Machine Learning, Deep Learning, and big data are revolutionizing entire economic sectors. These powerful tools were up until now only accessible to a minority of organizations with massive resources but finally they have become mainstream. However, to take advantage of these powerful capabilities, companies need to adopt the computing technologies created for years in (HPC) market, particularly parallel computing. PARALLELWARE ANALYZER is the most complete and fast software aimed to enable developers to overcome the complexity of parallel programming. Appentra is a Deep Tech global company that delivers products based on the Parallelware technology, a unique approach to static code analysis specialized in concurrency and parallelism. Our aim is to make parallel programming easier, enabling everyone to make the best use of parallel computing hardware from the multi-cores in a laptop to the fastest supercomputers.

Bdeo

Series B in 2023
Bdeo specializes in providing Visual Intelligence solutions designed to automate inspection and evaluation processes for motor and home insurance companies, as well as fleet operators. Founded in 2017, the company aims to expedite underwriting, claims, and vehicle assessments from weeks to mere minutes. Operating in 25 countries with offices in Spain, Mexico, the UK, France, and Italy, Bdeo collaborates with over 50 insurance firms, including notable clients such as Mutua Madrileña, Zurich, and Mapfre. Their technology enhances the customer experience by streamlining the underwriting process and facilitating real-time assessments of risks and damages, which helps to detect fraud and ensures prompt claim payments. Bdeo has established key partnerships with companies like Guidewire and CAB solutions, further solidifying its presence in the insurance technology sector.

Miles in the Sky

Seed Round in 2023
Miles in the Sky is an ed-tech startup focused on enhancing the learning experience for students and professionals. The company provides a diverse range of courses, including data science, web development, Python fundamentals, and digital experience. These offerings are designed to help individuals acquire new skills while balancing their current work responsibilities, ultimately aiming to prepare them for future challenges in their careers and organizations.

StudentFinance

Series A in 2023
StudentFinance is an educational financial services provider founded in March 2019 in Madrid, Spain, by Mariano Kostelec. The company focuses on success-based financing, primarily targeting students with technical skills who aspire to become software engineers, data analysts, or cybersecurity experts. Using artificial intelligence, StudentFinance analyzes market demand for specific skills and identifies gaps in the workforce, allowing them to select suitable candidates through a data-driven process. This enables individuals to pursue training and upskilling opportunities while offering flexible repayment options based on their future employment success. By prioritizing career advancement and job placement, StudentFinance aims to empower students to achieve their professional goals while managing their financial obligations effectively.

Didimo

Series A in 2022
Didimo is a leading provider of automated solutions for generating high-quality 3D human avatars in real time. The company specializes in creating high-fidelity avatars from simple inputs, such as a 2D photo, in approximately 90 seconds. Its platform-as-a-service (PaaS) enables content creators, software developers, and app builders to easily integrate avatar generation into their applications. Didimo employs a patented pipeline that utilizes machine vision, topology generation, texturing, and rigging to produce real-time ready avatars, which include advanced facial animation and text-to-speech capabilities. This technology is designed to be engine-agnostic, allowing for efficient asset fitting and animation retargeting, which benefits technical art teams. By optimizing memory usage for large-scale rendering, Didimo helps game studios reduce character development costs, accelerate time to market, and enhance gameplay diversity.

Codacy

Series B in 2022
Codacy is an automated code review tool that helps developers to save time in code reviews and to tackle technical debt efficiently. Developers spend 10%-20% of their time reviewing code. Gartner estimates the global technical debt to grow to $1 Trillion by 2015. Codacy tracks new issues by severity level for every commit and pull request and allows a hassle free customization of static analysis It provides advanced code metrics on the health of a project and on the performance of teams.

brighter AI

Series A in 2022
Brighter AI Technologies GmbH, founded in 2017 and based in Berlin, Germany, specializes in artificial intelligence-enabled software solutions that focus on video anonymization and identity protection. The company develops innovative software to recreate daylight images from infrared night images, enhancing capabilities for security professionals in suspect identification while ensuring compliance with privacy regulations like GDPR. Brighter AI's technology effectively anonymizes personally identifiable information, such as faces, allowing organizations to utilize publicly recorded camera data for analytics and AI applications without compromising individual privacy. Recognized as a leading player in the field, the company has garnered accolades for its contributions to privacy-preserving technologies across various sectors, moving beyond its initial focus in the automotive industry.

KIT-AR

Seed Round in 2022
KIT-AR Ltd is a company based in London, United Kingdom, that specializes in designing and developing integrated industrial augmented reality systems aimed at enhancing manufacturing productivity across various industries, including automotive, aerospace, and electronics. Founded in 2018, KIT-AR focuses on providing solutions that help reduce production errors and improve quality assurance on the shop floor. The company's offerings include KIT-ASSIST, which delivers specialist knowledge through a heads-up display; KIT-SMART, a set of intelligent modules that monitor the working environment and worker activity; KIT-BUILD, which manages work instructions; and KIT-INSIGHT, which provides insights into productivity and efficiency. By connecting and empowering shop floor employees with timely information and automated quality checks, KIT-AR enables manufacturers to minimize unplanned downtime and achieve higher accuracy in their operations.

Maven Pet

Pre Seed Round in 2022
Maven is a SaaS pet tech startup that provides a personal vet to track the pet’s safety and health 24/7. It focuses on using technology to improve the quality of life for pets, as well as offering pet owners peace of mind and a way to keep track of their pet's safety, health, and well-being on a continual basis through their own personal veterinarian. It was started by the founders of Findster Technologies in 2021 and is based in the US and Portugal.

Amplemarket

Series A in 2022
Amplemarket is a developer of an AI-powered sales intelligence platform that assists businesses in achieving their revenue goals. The platform facilitates lead generation and enhances the sales process by leveraging advanced machine learning technologies. It enables clients to efficiently identify and engage with prospective customers, allowing them to focus on closing deals rather than administrative tasks. By providing valuable data and insights, Amplemarket streamlines the sales journey, making it easier for businesses to connect with their target audience in a personalized manner.

Cintoo

Series A in 2022
Cintoo specializes in developing technologies and solutions for managing 3D data obtained from Reality Capture devices in the cloud. The company has created a unique point cloud-to-surface technology that converts data from terrestrial laser scanners into a new generation of versatile and efficient Reality Data. This technology is integrated into Cintoo Cloud, a cloud-based platform that is agnostic to laser scanning hardware and Building Information Modeling (BIM). By bridging the gap between reality capture and digital twins, Cintoo's platform enhances collaboration and distribution of data, ultimately improving efficiency in the planning and management of buildings and infrastructure within the construction industry.

Knokcare

Series A in 2021
Knokcare is an app-based healthcare platform designed to streamline the connection between patients and medical professionals. It offers a comprehensive solution that includes AI chatbots for self-assessment, video consultations, and in-home doctor visits, all integrated within a single application. This approach enhances patient convenience and improves the efficiency of healthcare systems. The platform also ensures the security of patient records, allowing medical institutions and healthcare providers to deliver effective care. If a patient's condition is deemed serious, Knokcare facilitates a referral to a hospital for further treatment.

Reckon.ai

Seed Round in 2021
Reckon.ai is a company based in Lisbon, Portugal, that specializes in developing a cloud platform called Reckon for smart retail product analysis and price comparison. Established in 2017, Reckon utilizes machine learning algorithms, data fusion, and computer vision to provide retailers with advanced competitive intelligence. The platform aids retailers in tracking and optimizing their pricing strategies by leveraging artificial intelligence and image recognition technology. By addressing inefficiencies in competitive analysis, Reckon.ai offers tools that help retailers forecast potential revenue based on various factors, including demographics, competitive activity, and customer behavior. This innovative approach enables retailers to allocate products more effectively and improve their overall business performance.

CASAFARI

Series A in 2021
CASAFARI is a real estate network that provides agents with access to an updated and comprehensive real estate database. The proprietary technology simplifies the process of collecting, cleaning, and evaluating every property on the market, ensuring that agents have access to accurate and up-to-date information.

StudentFinance

Seed Round in 2021
StudentFinance is an educational financial services provider founded in March 2019 in Madrid, Spain, by Mariano Kostelec. The company focuses on success-based financing, primarily targeting students with technical skills who aspire to become software engineers, data analysts, or cybersecurity experts. Using artificial intelligence, StudentFinance analyzes market demand for specific skills and identifies gaps in the workforce, allowing them to select suitable candidates through a data-driven process. This enables individuals to pursue training and upskilling opportunities while offering flexible repayment options based on their future employment success. By prioritizing career advancement and job placement, StudentFinance aims to empower students to achieve their professional goals while managing their financial obligations effectively.

OutSystems

Series E in 2021
OutSystems is a Boston-based company founded in 2001 by Paulo Rosado and Rui Pereira, specializing in a low-code application platform that allows businesses to efficiently develop, deploy, and manage enterprise-grade applications. The platform combines low-code tools with advanced development capabilities, facilitating the visual creation of applications that can seamlessly integrate with existing systems. This approach enables organizations to enhance customer experiences, drive workplace innovation, automate processes, and modernize core systems more rapidly, all while maintaining flexibility and avoiding vendor lock-in. OutSystems' tools are designed to support high productivity and leverage AI assistance, empowering developers to innovate effectively in software development.

Automaise

Seed Round in 2021
Automaise provides artificially intelligent virtual employees for customer service. Automaise offers a growing portfolio of virtual employees ready to be hired for various business verticals and tasks/processes.

Didimo

Venture Round in 2020
Didimo is a leading provider of automated solutions for generating high-quality 3D human avatars in real time. The company specializes in creating high-fidelity avatars from simple inputs, such as a 2D photo, in approximately 90 seconds. Its platform-as-a-service (PaaS) enables content creators, software developers, and app builders to easily integrate avatar generation into their applications. Didimo employs a patented pipeline that utilizes machine vision, topology generation, texturing, and rigging to produce real-time ready avatars, which include advanced facial animation and text-to-speech capabilities. This technology is designed to be engine-agnostic, allowing for efficient asset fitting and animation retargeting, which benefits technical art teams. By optimizing memory usage for large-scale rendering, Didimo helps game studios reduce character development costs, accelerate time to market, and enhance gameplay diversity.

Codavel

Seed Round in 2020
Codavel helps video platforms to achieve the optimal tradeoff between QoE and CDN costs, regardless of CDN failures or user’s bad network. Codavel ensures each video chunk for each user is delivered with the best available CDN option based on customer's business rules, maximum QoE or minimum costs, while guaranteeing customer's desired user experience. Traditionally, user experience is highly dependent on the user's WiFi, 3G or 4G connection quality and CDN availability. Metrics like user retention, conversion and even revenue are in the hand of CDNs and wireless networks. With Codavel, customers can get back in control. As a result, every end user gets a 5-star experience, regardless of CDN failures or user's bad network. We are working towards a world where internet-based services are frustration-free. For every user, anytime, anywhere.

Appentra

Seed Round in 2020
In the software world, new technologies have recently put on the hands of companies and developers highly powerful tools which involve a leap in computing capabilities. First, heterogeneous multicore systems have become small and affordable supercomputers. Second, Artificial Intelligence, Machine Learning, Deep Learning, and big data are revolutionizing entire economic sectors. These powerful tools were up until now only accessible to a minority of organizations with massive resources but finally they have become mainstream. However, to take advantage of these powerful capabilities, companies need to adopt the computing technologies created for years in (HPC) market, particularly parallel computing. PARALLELWARE ANALYZER is the most complete and fast software aimed to enable developers to overcome the complexity of parallel programming. Appentra is a Deep Tech global company that delivers products based on the Parallelware technology, a unique approach to static code analysis specialized in concurrency and parallelism. Our aim is to make parallel programming easier, enabling everyone to make the best use of parallel computing hardware from the multi-cores in a laptop to the fastest supercomputers.

Codavel

Seed Round in 2020
Codavel is a developer of a content delivery platform designed to enhance the user experience for mobile applications by ensuring fast and responsive performance, regardless of the user's network, device, or location. Traditional mobile app performance often suffers due to the variability of WiFi, 3G, and 4G connections, which directly impacts user retention, conversion, and revenue. Codavel's solution offers end-to-end control over network conditions, allowing clients to manage their content efficiently and maintain a consistent user experience. By addressing issues related to loading time instability, Codavel aims to create a seamless and frustration-free environment for internet-based services, ensuring that every user enjoys a high-quality experience at any time and from anywhere.

WalliD

Seed Round in 2019
WalliD, based in Lisbon, Portugal, specializes in online identification and authentication solutions. Founded in 2018, the company offers innovative tools for managing identities securely and privately. Its flagship products include ImportiD, a desktop application that extracts ID attributes from certified documents, and MyEtherID, a web application designed for encrypting and storing identities on a smart contract. WalliD serves as a global protocol for certified identity document transactions, allowing users to store their documents in Ethereum wallets. The protocol supports Certification Authorities and digital certificates issued through public key infrastructure, ensuring that all stored ID documents are verified by reliable entities. This framework enables safe and efficient validations for online services that require Know Your Customer (KYC) compliance, facilitating a trustless verification process for users.

Codacy

Venture Round in 2019
Codacy is an automated code review tool that helps developers to save time in code reviews and to tackle technical debt efficiently. Developers spend 10%-20% of their time reviewing code. Gartner estimates the global technical debt to grow to $1 Trillion by 2015. Codacy tracks new issues by severity level for every commit and pull request and allows a hassle free customization of static analysis It provides advanced code metrics on the health of a project and on the performance of teams.

Tonic App

Series A in 2019
Tonic App S.A. is a technology company based in Porto, Portugal, that has developed a mobile application designed to enhance communication and collaboration among medical professionals. The application supports doctors by enabling messaging, sharing, and archiving of patient cases, as well as facilitating expert consultations and networking opportunities. It serves various stakeholders in the healthcare sector, including hospitals, pharmaceutical companies, and medical associations, to connect medical doctors with their peers and relevant communities. Additionally, the application provides access to essential medical content, allows for the coordination of urgent procedures, and enables discussions on clinical cases. With features like video consultations, prescription tools, and clinical decision support resources, Tonic App aims to improve the efficiency of clinical practices and ultimately enhance patient outcomes. Established in 2016, the company is recognized for its commitment to quality and safety in its clinical algorithms.

Vawlt

Seed Round in 2019
Vawlt is a dynamic storage platform that simplifies the operation of multiple clouds while improving data security standards. The company is working in several technologies related to data security because we believe everyone is entitled to control and decide the destiny of their own data, and companies should be more responsible in handling such valuable, and personal, assets. Vawlt is a start-up from Lisbon, Portugal, founded by researchers from a very prolific R&D group - LASIGE - within the University of Lisbon.

Automaise

Seed Round in 2018
Automaise provides artificially intelligent virtual employees for customer service. Automaise offers a growing portfolio of virtual employees ready to be hired for various business verticals and tasks/processes.

OutSystems

Series C in 2016
OutSystems is a Boston-based company founded in 2001 by Paulo Rosado and Rui Pereira, specializing in a low-code application platform that allows businesses to efficiently develop, deploy, and manage enterprise-grade applications. The platform combines low-code tools with advanced development capabilities, facilitating the visual creation of applications that can seamlessly integrate with existing systems. This approach enables organizations to enhance customer experiences, drive workplace innovation, automate processes, and modernize core systems more rapidly, all while maintaining flexibility and avoiding vendor lock-in. OutSystems' tools are designed to support high productivity and leverage AI assistance, empowering developers to innovate effectively in software development.

Codacy

Seed Round in 2015
Codacy is an automated code review tool that helps developers to save time in code reviews and to tackle technical debt efficiently. Developers spend 10%-20% of their time reviewing code. Gartner estimates the global technical debt to grow to $1 Trillion by 2015. Codacy tracks new issues by severity level for every commit and pull request and allows a hassle free customization of static analysis It provides advanced code metrics on the health of a project and on the performance of teams.

FASTinov

Seed Round in 2015
FASTinov S.A., founded in 2013 and based in Matosinhos, Portugal, specializes in the development and marketing of innovative technology aimed at reducing the time required to obtain Antimicrobial Susceptibility Tests. The company focuses on research and development, offering a patented technology that provides fast and reliable testing solutions, particularly in acute care environments. This approach addresses the critical need for timely and accurate diagnostic information in the healthcare sector, enhancing patient care and treatment outcomes.

Tradiio

Seed Round in 2015
Tradiio is a music app for web and mobile which blends streaming with direct-to-fan artist funding. Music fans have the ability to discover the best emerging artists through crowd curation. Artists can then monetize their fan base through inviting them to join their Circle (beta), where they can provide exclusive content and behind the scenes access in exchange for monthly recurring payments.

Feedzai

Series B in 2015
Feedzai S.A. is a data science company based in Coimbra, Portugal, with an additional office in Hong Kong. Established in 2009, Feedzai specializes in providing business intelligence applications aimed at helping financial institutions, telecommunications, and utility sectors prevent, detect, and respond to fraud and financial crime. The company offers several key products, including FeedZai Pulse, which allows for real-time monitoring and analysis of vast data flows, and Data Science Studio, which enables users to create and manage predictive analytics models. Additionally, Feedzai Genome provides fraud investigators with tools to visualize and act upon financial crime patterns in real time. Feedzai's solutions are utilized by some of the world's largest banks and retailers, safeguarding trillions of dollars and enhancing customer experiences while addressing fraud prevention and anti-money laundering.

Tradiio

Seed Round in 2015
Tradiio is a music app for web and mobile which blends streaming with direct-to-fan artist funding. Music fans have the ability to discover the best emerging artists through crowd curation. Artists can then monetize their fan base through inviting them to join their Circle (beta), where they can provide exclusive content and behind the scenes access in exchange for monthly recurring payments.

Tradiio

Seed Round in 2014
Tradiio is a music app for web and mobile which blends streaming with direct-to-fan artist funding. Music fans have the ability to discover the best emerging artists through crowd curation. Artists can then monetize their fan base through inviting them to join their Circle (beta), where they can provide exclusive content and behind the scenes access in exchange for monthly recurring payments.

Codacy

Seed Round in 2013
Codacy is an automated code review tool that helps developers to save time in code reviews and to tackle technical debt efficiently. Developers spend 10%-20% of their time reviewing code. Gartner estimates the global technical debt to grow to $1 Trillion by 2015. Codacy tracks new issues by severity level for every commit and pull request and allows a hassle free customization of static analysis It provides advanced code metrics on the health of a project and on the performance of teams.

LaserLeap

Seed Round in 2013
LaserLeap Tecnhologies was established to address the need for a painless method to deliver medicines through the skin, and promote faster and more effective treatments. Two decades of research with lasers and ultrasound led to a technology that combines affordable lasers with innovative materials, and is capable of permeabilizing the skin to medicines and cosmetics in a safe, painless and effective manner. Established on 2011 in Coimbra, Portugal, the company focuses in the skin permeation of cosmetics, anesthetics, drugs for skin cancer, vaccines and biotechnology drugs.

NutriVentures

Seed Round in 2013
Nutri Ventures is a powerful story, with lots of adventures and engaging characters, specially designed to make kids feel good by having fun, and providing interactive content. It's the first animated series, targeted at kids under 10, with multiplatform content that will engage and entertain children while creating an opportunity to educate them on the importance of healthy food. But Nutri Ventures is much more than an animated series: It’s a Cause! It contains specific content for parents, educators and others stakeholders, promotes healthy food and establishes partnerships to develop additional content and support nutritional programs. Nutri Ventures vision is to engage our children through entertainment to educate them about proper nutrition and create an exciting overall environment about healthy food!

Heart Genetics

Seed Round in 2013
HeartGenetics genotyping technology is based on a DNA MICROCHIP that can include all genetic variants that have been proved to be the main cause of a specific cardiac genetic disease. Genotyping is achieved through a high-throughput and high accurate DNA Microchip platform optimized for genetic analysis using an iPlex MassArray system.

Ynvisible Interactive

Series A in 2013
Ynvisible is an electronics company that specializes in the internet of things industry. It features and develops technological enablers of the IoT are enhancements in cloud computing infrastructure, wireless communications, microelectronics, and notably low power electronics. The company was founded in 2010 and headquartered in Setubal, Portugal.

Muzzley

Seed Round in 2012
Muzzley is an intelligent mobile app+cloud+api/sdk intelligent platform for IOT consumer world. It's a single entry point that avoids the consumer to have hundreds of different apps to interact with hundreds of different devices. The system predicts the user desires according to the constant learning algorithm and suggests/takes actions to improve his/her relation with the connected devices.

Ubiquity Global Services

Series A in 2012
Ubiquity Global Services, Inc. is a multinational outsourcing organization specializing in customer support and business process services. Founded in 2012 and headquartered in New York City, the company operates globally with additional locations in Omaha, Nebraska; Manila and Bacolod in the Philippines; San Salvador, El Salvador; Bogota, Colombia; Amsterdam, the Netherlands; Budapest, Hungary; Wilkes-Barre, Pennsylvania; and Lisbon, Portugal. Ubiquity offers a wide range of services, including call center operations, sales and retention support, social media management, and risk and compliance services such as fraud investigation and chargeback management. The company is recognized for its expertise in the fintech and emerging payments sectors, providing live customer management and interactive voice response solutions. Ubiquity employs advanced technology to enhance operational efficiency and deliver actionable business intelligence, while also developing artificial intelligence and machine learning technologies at its innovation hub in Amsterdam to optimize customer service performance.

Equigerminal

Seed Round in 2012
Equigerminal is a veterinary company based in Cantanhede, Portugal, focused on developing and producing antiviral and biotechnological products for equine health. Founded in 2011, the company specializes in creating solutions for equine viral infections, including an antiviral treatment for Equine Infectious Anaemia virus. Additionally, Equigerminal is involved in the development of equine biomarkers aimed at identifying New Equine Virus (NEV) in horses. Their services support veterinarians, breeders, and horse owners in preventing the spread of infections and enhancing the ability of horses to combat viral diseases.

Weduc

Series A in 2012
Weduc is a school communication software provider. They offer a school engagement platform, a mobile app for schools that is available in both the app store and google play, school communication solutions, a website for schools, and management tools.

Current Communications Group

Venture Round in 2011
Current Communications Group provides electric utilities with a comprehensive Smart Grid solution aimed at enhancing the efficiency and reliability of the electric grid while minimizing environmental impacts. Their integrated approach combines advanced sensing technology, two-way high-speed communications, continuous monitoring, and enterprise analysis software to deliver real-time, location-specific actionable data. The company offers core smart grid infrastructure and software technologies through its CURRENT Connected Intelligence platform, which equips utilities with the necessary tools to improve their distribution grids. This technology facilitates increased connectivity and analytics, enabling utilities to better manage challenges associated with aging infrastructure and distributed generation. Additionally, Current Communications Group operates as a fully-integrated communications service provider, offering high-performance broadband and home energy management services accessible through existing electrical wiring in homes and offices.

Spectrum Bridge

Series B in 2011
Spectrum Bridge, Inc. is a telecommunications software company that specializes in cloud-based spectrum management and embedded software solutions for the wireless networking market. Founded in 2007 and headquartered in Lake Mary, Florida, with an additional office in Silicon Valley, the company focuses on enhancing the availability and allocation of wireless bandwidth for enterprises and consumers. It offers a Dynamic Spectrum Access (DSA) solution that facilitates dynamic spectrum allocation, allowing network operators and end users to manage spectrum availability based on specific criteria such as frequency, geography, and intended use. Key components of its DSA technology include the Spectrum Allocation Engine, which optimizes allocations; the Spectrum Supply Manager, which allows spectrum holders to define operational constraints; and the Coexistence Manager, ensuring performance levels for co-located users. Spectrum Bridge also operates a spectrum exchange and develops intellectual property and software applications to further support efficient spectrum utilization.

Feedzai

Seed Round in 2011
Feedzai S.A. is a data science company based in Coimbra, Portugal, with an additional office in Hong Kong. Established in 2009, Feedzai specializes in providing business intelligence applications aimed at helping financial institutions, telecommunications, and utility sectors prevent, detect, and respond to fraud and financial crime. The company offers several key products, including FeedZai Pulse, which allows for real-time monitoring and analysis of vast data flows, and Data Science Studio, which enables users to create and manage predictive analytics models. Additionally, Feedzai Genome provides fraud investigators with tools to visualize and act upon financial crime patterns in real time. Feedzai's solutions are utilized by some of the world's largest banks and retailers, safeguarding trillions of dollars and enhancing customer experiences while addressing fraud prevention and anti-money laundering.

Magpower

Venture Round in 2011
Magpower is one of the world`s largest manufacturer of CPV solar modules and trackers, and is presently expanding the manufacturing capacity to an annualized run rate of 54MW by the end of 2013. By enabling clean and renewable electricity at lower costs, Magpower provides a sustainable alternative to conventional energy sources. The vision to produce solar energy at an affordable price has driven Magpower to become one of the fastest growing manufacturers of solar systems in the world. The MagSun® TRK-180 represents the latest advancements in solar module technology and is rapidly driving down the cost of solar electricity to rates comparable with traditional fossil fuel-based energy sources.

BERD

Series A in 2011
BERD, founded in 2006 by Professor Pedro Pacheco, is a company based in Matosinhos, Portugal, focused on providing construction and engineering services. The firm specializes in the design and development of patented technologies for constructing bridges and viaduct structures, utilizing an innovative movable scaffolder that incorporates a lightweight, auto-adaptative prestressing system. This technology, known as the Organic Prestressing System (OPS), was developed by the OPS Group of the Faculty of Engineering of the University of Oporto. Since its inception, BERD has embarked on a process of international expansion, currently operating in various countries, including Spain, France, Germany, and the United States, among others. The company aims to leverage its advanced engineering solutions to enhance the efficiency and effectiveness of construction projects globally.

Domatica IoT Technology

Series A in 2011
Domatica is a company specialized in IoT technology focused on bridging the gap between the physical world and the logical world of software. Since its inception in 2002, we have sought to address this major issue of IoT, with a completely differentiating approach, now the so-called IoT Edge. In this sense, using all the expertise of our multidisciplinary team, we have created easyedge, a flexible, reliable, robust and secure IoT Edge platform that allows virtually any device to be connected to any type of application in a simple and easy way. Domatica operates in a B2B perspective, privileging strategic partnerships with market players, such as software or hardware manufacturers. Through them it was possible for Domatica to put its technology at the service of numerous IoT projects around the world.

TxVia

Series D in 2010
TxVia offers the most advanced transaction processing technology for emerging payments and financial services, as well as comprehensive supporting services. Its solutions encompass the full scope of consumer, corporate and government payment applications. TxVia enables electronic payments with a platform-as-a-service (PaaS) delivery model, a fully customizable solution that supports its clients' specialized processing needs. TxVia clients, which include some of the largest payments companies in the world, realize significant time-to-market, cost, scalability, reliability and security benefits from its custom—rather than one-size-fits-all—platforms.

Petra Systems

Series B in 2010
Petra Systems, Inc. is a technology company that specializes in distributed power generation and smart city infrastructure. Founded in 2006 and based in Boulder, Colorado, the company develops advanced technologies that integrate renewable energy, microgrid solutions, and energy efficiency to enhance grid reliability and operations. Petra Systems offers a range of products, including ground-mounted and pole-mounted solar power generators, smart lighting control systems, wireless surveillance and sensor systems, and battery backup modules. Their smart energy systems are designed to power urban and remote communities, facilitating the development of economically viable, 5G-ready smart cities. By transforming existing streetlight infrastructure into revenue-generating networks, Petra Systems contributes to enhanced municipal services and improved quality of life.

TxVia

Series C in 2009
TxVia offers the most advanced transaction processing technology for emerging payments and financial services, as well as comprehensive supporting services. Its solutions encompass the full scope of consumer, corporate and government payment applications. TxVia enables electronic payments with a platform-as-a-service (PaaS) delivery model, a fully customizable solution that supports its clients' specialized processing needs. TxVia clients, which include some of the largest payments companies in the world, realize significant time-to-market, cost, scalability, reliability and security benefits from its custom—rather than one-size-fits-all—platforms.

UltraCell

Venture Round in 2009
UltraCell Corporation, based in Livermore, California, specializes in the development and sale of advanced integrated lightweight fuel cell systems for the portable power market. Founded in 2002, the company commercializes Reformed Methanol Micro Fuel Cell (RMFC) technology originally developed at the U.S. Department of Energy's Lawrence Livermore National Laboratory. This innovative technology enables significant improvements in micro fuel cell performance, allowing UltraCell to offer portable battery chargers that are NATO-approved and provide clean, renewable energy solutions. The Ultracell XX25 is notable for being the only fuel cell system that has successfully passed extensive Military Specification qualification testing and field trials, making it a trusted choice for military and security agencies.

A123 Systems

Series E in 2009
A123 Systems specializes in the manufacture of rechargeable lithium-ion batteries and battery systems, focusing on efficient power supply for electronic devices. The company leverages advanced nanoscale materials to develop its proprietary Nanophosphate electrode technology, which provides a competitive edge by offering low impedance, high power, and energy density. This innovative technology allows for lower costs per watt and watt-hour while maintaining a higher voltage compared to traditional long-life systems, ultimately reducing pack costs. A123's products are designed for longevity, resulting in decreased lifecycle and system costs and enhancing overall price-performance. The company competes with other battery manufacturers in the industry, including Valence, Saft, and Lion Cells.

Nutrigreen

Series A in 2009
Nutrigreen, established in 2009 by a skilled team, is a Portuguese company that specializes in producing and marketing fresh fruit derivatives. The company focuses on making fiber, vitamins, and nutrients an integral part of daily life through its innovative product offerings. Nutrigreen's range includes natural fruit juices, fruit and vegetable purées, fresh fruit bars, and natural antioxidants, all designed to align with contemporary food trends. With strong partnerships with major Portuguese and European distributors, Nutrigreen aims to promote a complete and balanced healthy diet, enabling consumers to maintain a healthy lifestyle through accessible and nutritious food options.

Spectrum Bridge

Series B in 2008
Spectrum Bridge, Inc. is a telecommunications software company that specializes in cloud-based spectrum management and embedded software solutions for the wireless networking market. Founded in 2007 and headquartered in Lake Mary, Florida, with an additional office in Silicon Valley, the company focuses on enhancing the availability and allocation of wireless bandwidth for enterprises and consumers. It offers a Dynamic Spectrum Access (DSA) solution that facilitates dynamic spectrum allocation, allowing network operators and end users to manage spectrum availability based on specific criteria such as frequency, geography, and intended use. Key components of its DSA technology include the Spectrum Allocation Engine, which optimizes allocations; the Spectrum Supply Manager, which allows spectrum holders to define operational constraints; and the Coexistence Manager, ensuring performance levels for co-located users. Spectrum Bridge also operates a spectrum exchange and develops intellectual property and software applications to further support efficient spectrum utilization.

Oceanlinx

Venture Round in 2008
Oceanlinx is an international renewable energy company with a unique, commercially efficient system for extracting energy from ocean waves and converting it to electricity, or utilising that energy to produce clean, fresh water from brine.

Watson Brown

Series A in 2008
Watson Brown HSM Limited specializes in polymer recycling technologies, utilizing mechanochemistry principles to develop innovative solutions for the recycling of rubber and other materials. Founded in 1997 and headquartered in London, the company operates in the United Kingdom, Germany, and the United States. Watson Brown offers a range of services including toll processing, the provision of recycled compounds, downcycling compounds, and the creation of custom products tailored to specific client needs. The company holds patents for its proprietary methods of reprocessing and recycling rubber, positioning itself as a leader in the sustainability field within the polymer industry.

SafetyPay

Series A in 2008
SafetyPay is a global, secure Internet payment solution that enables online banking customers to make online purchases from merchants worldwide and pay directly through their local bank account in their local currency. SafetyPay was developed in response to the growing need for a safe and secure online payment method, which also could be used internationally.

Multiwave Photonics

Series B in 2008
Multiwave Photonics specializes in the manufacture of pulsed fiber lasers designed for materials processing and environmental monitoring applications. In addition to these lasers, the company develops various fiber-optic light sources tailored for both commercial and scientific uses. Multiwave also provides product design, development, and engineering services, focusing on creating cost-effective and reliable solutions that address specific customer needs.

TxVia

Series B in 2008
TxVia offers the most advanced transaction processing technology for emerging payments and financial services, as well as comprehensive supporting services. Its solutions encompass the full scope of consumer, corporate and government payment applications. TxVia enables electronic payments with a platform-as-a-service (PaaS) delivery model, a fully customizable solution that supports its clients' specialized processing needs. TxVia clients, which include some of the largest payments companies in the world, realize significant time-to-market, cost, scalability, reliability and security benefits from its custom—rather than one-size-fits-all—platforms.

Maló Clinic

Series A in 2008
MALO CLINIC was established in 1995 by Dr. Paulo Malo. Today is world’s leader in Implantology and Dental Cosmetic as well as an Educational Centre on Oral Rehabilitation that trains over 3,500 professionals coming from all over the world per year. Besides Dentistry MALO CLINIC expanded to other health specialties, projecting an innovative concept of Medical Spa through a strong bet in wellbeing which resulted in the foundation of a Health Management business group spread worldwide known as MALO CLINIC Health & Wellness.

Atraverda

Series B in 2007
Atraverda is an advanced material company that owns the intellectual property rights to a conductive ceramic known worldwide through its trademark, Ebonex®.

OutSystems

Series B in 2007
OutSystems is a Boston-based company founded in 2001 by Paulo Rosado and Rui Pereira, specializing in a low-code application platform that allows businesses to efficiently develop, deploy, and manage enterprise-grade applications. The platform combines low-code tools with advanced development capabilities, facilitating the visual creation of applications that can seamlessly integrate with existing systems. This approach enables organizations to enhance customer experiences, drive workplace innovation, automate processes, and modernize core systems more rapidly, all while maintaining flexibility and avoiding vendor lock-in. OutSystems' tools are designed to support high productivity and leverage AI assistance, empowering developers to innovate effectively in software development.

Aquaspy

Venture Round in 2007
Intelligent water management reduces the need for costly new alternatives including recycling and desalination. It means knowing how much water is being used and where it can be saved. AquaSpy technology has been proven in the toughest environment of all - outback Australia. Its sensors have helped farmers improve yields by as much as 100%. Now they are being used across agricultural markets, in cities and towns, and beneath some of the world's finest golf courses, in the Americas, Australia and Europe. There are over 50,000 AquaSpy sensors in use around the world. AquaSpy Group has representation across the USA, Latin America and Australia.

Chipidea Microelectrónica

Series C in 2007
Chipidea Microelectrónica offers analog and mixed semiconductor solutions to wireless communications, digital media, and consumer electronics market segments. It provides analog subsystems for wireless and wire line communications, device-to-device connectivity, multimedia, and power management in Europe, Asia, and North America. The company offers analog and mixed Internet protocol products in various categories, including analog to digital converters, analog filters, analog front end, analog standard cells, audio and voice, clock management, digital modules, over sampling modulators, power management, radio frequency, USB link controllers, and USB physical interfaces for blue chip customers.

Sousacamp

Series A in 2007
SousaCamp, SGPS, S.A. is a company based in Braganca, Portugal, specializing in the production and supply of mushrooms and other vegetables for the food industry and households. The company offers a diverse range of mushroom varieties, including white, pleurotus, shiitake, maroon, portobello, pie blue, seta de cardo, and enokitake, along with various organic vegetables. SousaCamp is dedicated to providing natural food products that are safe and beneficial for health, catering to the growing demand for organic and wholesome food options.

Ophtalmopharma

Series A in 2007
OphthalmoPharma Ltd. is a pharmaceutical company focused on developing innovative treatments for ophthalmic conditions. Founded in 2003 and headquartered in Sarnen, Switzerland, with an additional office in Zurich, the company specializes in addressing significant unmet medical needs such as dry eye syndrome, glaucoma, and age-related macular degeneration (AMD). OphthalmoPharma's product offerings include therapeutic products for glaucoma and dry eye, as well as EyeBar, a nutraceutical aimed at preventing dry AMD. Additionally, the company has developed a preloaded injector designed for the delivery of intraocular lenses during cataract and corrective lens replacement surgeries. The company has granted exclusive rights to its proprietary therapeutic products and nutraceutical to Altacor, enhancing its reach in the ophthalmology market.

SuperBAC

Series A in 2007
Superbac develop our activities based on the responsible principle of nature self-remediation and create specific microorganism blends to fulfill different needs. We produce concentrated blends on an industrial scale, focusing on formulations which are easy to use and can be applied continually. Founded in 1995, SuperBAC is a biotechnological solution company, focusing on Innovation. Our solutions stimulate sustainability in the production processes in the fields of agribusiness, sanitation, energy, bioremediation, and retail. We have Research and Development centers and units in the United States, Brazil, and Colombia to come up with solutions that are environmentally correct and economically feasible.

Coreworks

Series A in 2006
Coreworks® S.A. is a leading provider of Semiconductor Intellectual Property (SIP) for multi-standard multimedia such as DTV, IPTV, portable audio players, and mobile internet devices. Our products have been implemented in a wide variety of technologies, for more than 30 customers worldwide. Our products include digital audio encoders and decoders such as Dolby Digital, Advanced Audio Coding (AAC and AAC+), MPEG1/2 Layers 1/2, digital audio interfaces such as SPDIF/AES-EBU, TDM, I2S, and asynchronous sample rate converters. Coreworks' products rely on the SideWorks™ patent pending technology for automatically creating pre-silicon configurable and post-silicon reconfigurable hardware accelerators. Our solutions achieve three to five times more efficiency in terms of silicon area and power consumption, compared to the competition. Coreworks was founded in 2001 by two professors of the Technical University of Lisbon (IST) doing research on Reconfigurable Computing at the Institute for Systems and Computer Engineering R&D (INESC-ID). The company received an A-series investment round from Espírito Santo Ventures in 2006, and three R&D grants from the Portuguese government. Its complex technology is still undergoing developments.

YDreams

Series A in 2006
Dreams is a global company that is redefining the concept of interactivity, with a focus on the exciting field of Augmented Reality technologies. Over the last few years they have been developing full-scale interactive environments (from stores to exhibitions), products and intellectual property, combining technology and design.

Active Global

Series A in 2006
Global Active is a Portuguese holding company that oversees a group of businesses focused on various sectors, including agriculture, cattle breeding, and forest planning. The company aims to enhance the efficiency and sustainability of these industries through specialized projects. Additionally, it provides professional home care services to improve health outcomes for patients. These services encompass live-in caregivers, respite care, and subsidized home care delivered by foreign-trained nurses and nursing aides with extensive experience in elderly care. By offering a combination of agricultural and health-related services, Global Active addresses essential needs in both sectors.

Vortal

Series A in 2000
Vortal is a leading G2B2B (Government to Business to Business) eMarketplace operator, serving more than 50,000 companies and 2,000 contracting authorities in 3 continents. The company was founded in 2000 with a mission “to help our clients buying better and selling more", to achieve superior performance” in a high performance collaborative cloud-based solution. Vortal supports its customers through its offices in Portugal, Spain, UK and the Czech Republic , with a team of highly-motivated people from 7 nationalities. Business foundation has been built on becoming the leader in Portugal, both in the Private and Public markets regarding electronic procurement. Since 2010, Vortal has been consecutively distinguished as one of "100 best companies to work in Portugal", in a survey carried out by “Accenture" and "Exame" magazine. In 2011, the Association of Electronic Commerce and Interactive Advertising distinguished Vortal as the "Best B2B e-commerce website". At an International level, Vortal was included in the Deloitte “Technology fast growing 500 EMEA ranking” and recognized by Gartner regarding expertise and capabilities, namely in the publications “Strategies for Public-Sector Investment in Procurement Applications" and "Cool Vendors in Procurement Applications".

Clarity Payment Solutions

Venture Round in 2000
Clarity Payment Solutions develops electronic payment solutions and processes payment transactions for emerging and specialty markets.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.