Bynd Venture Capital

Bynd Venture Capital, formerly known as Busy Angels, is a venture capital firm based in Lisbon, Portugal, founded in 2010. The firm focuses on investing in seed and early-stage companies primarily in the IT/Digital and Sustainability sectors, which include lifesciences and clean technology. Bynd Venture Capital has built a diverse portfolio with over 30 active investments, targeting startups from Portugal and Spain, as well as those with significant connections to these markets through founders, technology teams, or investors. The firm aims to foster innovation and growth in industries that align with its investment strategy.

Lurdes Gramaxo

Partner, Executive Director

Martinho Matos

Investment Analyst

Maria Mesquita

Investment Associate and Platform Manager

Tomás Penaguião

Partner

Francisco Ferreira Pinto

Partner, Executive Director

51 past transactions

Dealcar

Seed Round in 2025
Dealcar is a company that digitalizes the used car market through an innovative SaaS platform, facilitating fully digital transactions. This platform enhances the sales process for auto dealers, allowing them to increase revenue by selling additional products and reducing turnover time. By utilizing advanced artificial intelligence, Dealcar accelerates the sales flow of second-hand cars, offering a suite of software tools that enable dealers to sell online more efficiently. The platform also benefits partners by allowing them to distribute products at the point of sale without incurring marketing expenses, thus lowering operational costs. For consumers, Dealcar simplifies the used car purchasing experience into three straightforward steps, providing a smooth and trustworthy process akin to renting but with the advantages of ownership.

Spot

Pre Seed Round in 2024
At Spot, we're revolutionizing the landscape of machine learning with a clear vision: to make AI universally accessible and remarkably simple.

QUIXOTIC

Seed Round in 2024
QUIXOTIC is a one-of-its-kind, billing & invoicing SaaS solution for utilities and renewable energy communities. It includes automations, regulatory frameworks, triggers and alerts, industry-specific integrations, etc. We automate business processes and integrate platforms to streamline our customers operations, while creating new sources of revenue for our clients.

Incapto Coffee

Venture Round in 2023
Incapto Coffee, founded in 2020 and based in Barcelona, Spain, specializes in manufacturing coffee-making machines. The company's innovative coffee system eliminates the need for wasteful capsules by utilizing ground coffee, which lowers the unit cost of each cup. In addition to selling its automatic coffee machines, Incapto Coffee offers a subscription service for coffee beans, enhancing the convenience and sustainability of their coffee experience for consumers.

Trebellar

Seed Round in 2023
Trebellar focuses on optimizing building operations and space utilization to minimize carbon emissions and enhance efficiency. The company offers a data integration platform that consolidates workplace and workforce data into actionable insights. By integrating with various systems and hardware, including sensors, booking tools, and building management systems, Trebellar enables clients to access comprehensive data in one location. This capability allows businesses to make informed, data-driven decisions that improve operational efficiency and sustainability while also fostering engaged workforces and reducing energy waste.

Guud Woman

Seed Round in 2023
Guud Woman is the destination for women who want to improve their menstrual health. We're a platform that vertically integrates support and natural supplements to offer the help that women deserve.

Ukio

Series A in 2022
Ukio operates an apartment rental platform that focuses on providing well-furnished, turnkey apartments for monthly stays. By offering a network of design-forward accommodations, Ukio aims to simplify the rental process, eliminating the challenges associated with traditional housing. Clients benefit from furnished and serviced apartments that allow for flexible living arrangements without the burden of long-term contracts, moving logistics, or additional costs such as security deposits and broker fees. This model combines the comforts of home with the conveniences typically associated with hotel stays, catering to individuals seeking a more adaptable housing solution.

Reveni

Seed Round in 2022
Reveni operates as an instant refund platform tailored for e-commerce, focusing on enhancing the returns and exchanges experience for both businesses and customers. By preventing fraud in returns, Reveni ensures that customers receive immediate refunds, which not only fosters customer satisfaction but also contributes to improved reviews and increased sales for its clients. The platform enables businesses to leverage product returns as a strategic tool, thereby improving cash flow and encouraging customer loyalty. Reveni aims to transform the often cumbersome process of refunds into a seamless experience that ultimately drives sales and retention.

ZenRows

Pre Seed Round in 2022
ZenRows is a web data automation company that offers a proprietary software-as-a-service (SaaS) platform for businesses to extract, structure, and store web data effortlessly. Its no-code solution allows users to collect data without the need for programming skills. ZenRows specializes in advanced features such as premium proxies, bypassing anti-bot protections and captchas, and provides various services including price monitoring, lead generation, market research management, and search engine optimization. The platform enables users to obtain HTML content from any website through a straightforward API call, enhancing the performance and scalability of enterprises in their data-driven initiatives.

Incapto Coffee

Venture Round in 2022
Incapto Coffee, founded in 2020 and based in Barcelona, Spain, specializes in manufacturing coffee-making machines. The company's innovative coffee system eliminates the need for wasteful capsules by utilizing ground coffee, which lowers the unit cost of each cup. In addition to selling its automatic coffee machines, Incapto Coffee offers a subscription service for coffee beans, enhancing the convenience and sustainability of their coffee experience for consumers.

Relive

Pre Seed Round in 2022
Relive is a digital real estate platform that assists real estate consultants in creating, managing, and expanding their businesses. The platform offers comprehensive brokerage services for buying, selling, and renting properties, in addition to providing design and architecture projects, renovation and maintenance services, and credit consulting. By consolidating various aspects of the real estate journey, Relive aims to empower agents and foster the growth of successful real estate enterprises.

Last.app

Seed Round in 2022
Last is a comprehensive restaurant software solution. Thanks to the use of new technologies, our platform offers unique solutions in the market, always with the aim of simplifying and optimizing the tasks of the team of any type of restaurant.

UpHill

Seed Round in 2021
UpHill is a digital health startup that specializes in clinical pathway software designed to integrate with existing hospital information systems. This software automates tasks and bridges gaps in patient care, allowing healthcare providers to gain a comprehensive view of patients' statuses throughout their healthcare journeys. By utilizing evidence-based knowledge, UpHill's platform helps health teams enhance patient outcomes and streamline processes. The company collaborates with leading healthcare providers and life science organizations across Europe to address care variability and fragmentation, ultimately improving both patient outcomes and hospital revenues. UpHill's mission is to ensure that healthcare professionals and patients can consistently deliver and receive optimal care.

Ritmo

Seed Round in 2021
RITMO is a cash flow management platform designed specifically for e-commerce businesses in Europe and Latin America. The company offers an all-in-one financial solution that facilitates efficient management of cross-border payments and provides access to flexible funding. By supporting entrepreneurs in the digital economy, RITMO enables them to focus on growing their businesses rather than managing financial complexities. In addition to funding, RITMO analyzes company data and the effectiveness of digital marketing campaigns using artificial intelligence, allowing e-commerce and SaaS companies to scale their operations without equity dilution. This comprehensive approach helps businesses optimize their marketing investments and enhance overall performance.

Impress

Series A in 2021
Impress is a company that specializes in invisible orthodontics, focusing on personalized teeth alignment services. It offers comprehensive treatments for various dental issues, including unbalanced bites, crowded teeth, rotations, and interdental spaces. Impress is committed to delivering individualized care through tailored diagnoses and treatment plans for each patient. The company also provides digital monitoring services, allowing patients to track their progress remotely. By combining advanced orthodontic solutions with a patient-centric approach, Impress aims to make dental treatment more accessible and affordable.

Fraudio

Seed Round in 2021
Fraudio is a company that specializes in fraud prevention software aimed at detecting fraudulent merchants and money laundering activities within the payments ecosystem. Founded in 2019 and headquartered in Amsterdam, with an R&D office in Lisbon, Fraudio employs artificial intelligence to connect merchants, payment service providers, acquirers, and card issuers to a centralized system. This technology is trained on billions of transactions, allowing businesses of all sizes to safeguard their operations against payment fraud and financial crime. Fraudio is recognized for its secure, scalable, and user-friendly integration, offering immediate value to its clients.

Kubbo

Seed Round in 2021
Kubbo is a multi-channel e-commerce fulfillment company that assists e-commerce brands in scaling their logistics operations. The company has developed a logistics management platform that facilitates the accurate management and processing of orders. This platform provides clients with real-time visibility into the status of each order, along with inventory management across various fulfillment centers. By offering these services, Kubbo enables clients to enhance their sales through improved customer fulfillment and dedicated support, streamlining their logistics processes.

Impress

Seed Round in 2020
Impress is a company that specializes in invisible orthodontics, focusing on personalized teeth alignment services. It offers comprehensive treatments for various dental issues, including unbalanced bites, crowded teeth, rotations, and interdental spaces. Impress is committed to delivering individualized care through tailored diagnoses and treatment plans for each patient. The company also provides digital monitoring services, allowing patients to track their progress remotely. By combining advanced orthodontic solutions with a patient-centric approach, Impress aims to make dental treatment more accessible and affordable.

Defined.ai

Series B in 2020
Defined.ai operates an intelligent data platform that facilitates efficient data workflows for collecting, processing, and enriching training data. By integrating crowdsourcing, advanced tools, and machine learning capabilities, the platform provides customizable workflows to deliver high-quality, project-specific training data. In addition to its marketplace for buying and selling AI data, tools, and models, Defined.ai offers professional services designed to support clients in navigating complex machine learning projects. The company aims to foster a community of AI professionals dedicated to creating fair, accessible, inclusive, and ethical artificial intelligence solutions for the future.

Didimo

Venture Round in 2019
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.

Woffu

Debt Financing in 2019
Woffu is a cloud-based platform that focuses on time management, aiming to enhance communication, dedication, and transparency across various departments within organizations. Founded in 2015 and based in Barcelona, Spain, Woffu helps companies significantly reduce time-management costs and absenteeism while improving employee satisfaction. The platform organizes shifts according to business needs and integrates with biometric devices to facilitate presence control and internal communication. By streamlining time management, Woffu fosters a more productive work environment, strengthening the relationship between employees and employers and promoting commitment among all stakeholders.

Doppio Games

Seed Round in 2019
Doppio is a conversational game studio, creating the next big step in entertainment: voice and narrative-driven games. Check out our titles, The Vortex and The 3% Challenge, on your Google Assistant or Amazon Alexa.

UpHill

Seed Round in 2019
UpHill is a digital health startup that specializes in clinical pathway software designed to integrate with existing hospital information systems. This software automates tasks and bridges gaps in patient care, allowing healthcare providers to gain a comprehensive view of patients' statuses throughout their healthcare journeys. By utilizing evidence-based knowledge, UpHill's platform helps health teams enhance patient outcomes and streamline processes. The company collaborates with leading healthcare providers and life science organizations across Europe to address care variability and fragmentation, ultimately improving both patient outcomes and hospital revenues. UpHill's mission is to ensure that healthcare professionals and patients can consistently deliver and receive optimal care.

Enging

Seed Round in 2019
Enging provides smart online monitoring solutions based on predictive maintenance for industrial electrical machines. The continuous working of Enging provides a paradigm shift in the maintenance industry, enabling the management of these assets to be done in a much more economical, efficient and simple manner. Enging was founded in 2011 and is based in Coimbra, Portugal.

Weezie

Seed Round in 2018
WEEZIE develops FiberCloud™ Web System and FiberCloud™ Mobile. FiberCloud ™ is an innovative FTTx network mapping platform designed to meet the needs of telcom companies and their SPs. You can access and manage all of your critical data in one place. Secure, scalable, affordable, and easy to use. FiberCloud delivers the network data and insights you need with just a few clicks.

Probely

Seed Round in 2018
Probely is a provider of an automated web vulnerability scanner aimed at helping businesses mitigate the risk of cyber attacks. Its platform specializes in identifying vulnerabilities in web applications and APIs, offering actionable guidance for remediation. With features such as machine learning, heuristic-based elimination of false positives, and fingerprinting for web application recognition, Probely enhances the security testing process. The solution integrates seamlessly into development workflows and continuous integration pipelines, allowing security and development teams to automate and scale their security efforts effectively. By streamlining vulnerability management, Probely enables organizations to improve their application security posture.

Colvin

Venture Round in 2018
Colvin is an online flower marketplace aimed at transforming the floriculture industry to enhance sustainability and efficiency. By addressing the challenges of a fragmented supply chain and the perishable nature of flowers, Colvin seeks to reduce economic inefficiencies and environmental impact, which often results in significant product waste. The platform allows customers to purchase flowers directly online, eliminating intermediaries and unnecessary costs, thus improving the overall customer experience. Through its innovative approach, Colvin enables individuals to send flowers more conveniently and joyfully, ensuring that the beauty of floral gifts is accessible to all.

Defined.ai

Series A in 2018
Defined.ai operates an intelligent data platform that facilitates efficient data workflows for collecting, processing, and enriching training data. By integrating crowdsourcing, advanced tools, and machine learning capabilities, the platform provides customizable workflows to deliver high-quality, project-specific training data. In addition to its marketplace for buying and selling AI data, tools, and models, Defined.ai offers professional services designed to support clients in navigating complex machine learning projects. The company aims to foster a community of AI professionals dedicated to creating fair, accessible, inclusive, and ethical artificial intelligence solutions for the future.

Luope

Seed Round in 2017
Luope, founded in 2016 and based in Coimbra, Portugal, specializes in intelligent vending machine management systems. The company provides technology that enables vending operators to enhance their performance through comprehensive control over the entire value chain. By utilizing advanced analysis and forecasting tools, Luope's system allows operators to program machines for loyalty programs, including discounts and incentives, as well as display targeted advertisements and implement upselling strategies. This innovative approach aims to improve the efficiency of vending operations and optimize user engagement.

Defined.ai

Seed Round in 2016
Defined.ai operates an intelligent data platform that facilitates efficient data workflows for collecting, processing, and enriching training data. By integrating crowdsourcing, advanced tools, and machine learning capabilities, the platform provides customizable workflows to deliver high-quality, project-specific training data. In addition to its marketplace for buying and selling AI data, tools, and models, Defined.ai offers professional services designed to support clients in navigating complex machine learning projects. The company aims to foster a community of AI professionals dedicated to creating fair, accessible, inclusive, and ethical artificial intelligence solutions for the future.

Endado

Venture Round in 2016
Endado is an online retailer specializing in spare parts and car accessories. The company offers a wide range of products, including brake pads, filters, oils, mirrors, wipers, and buffer pads. By providing these items at attractive prices, Endado aims to make automotive information and products more accessible, empowering drivers to make informed decisions and save on maintenance and repair costs for their vehicles.

Tandem

Seed Round in 2016
Tandem is a peer-to-peer language-learning platform that connects users globally, allowing them to practice and learn over 300 languages through text, audio, and video chat. Founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann, the platform currently serves ten million members who can engage with native speakers and other language learners. Users have the option to book lessons with professional teachers, enhancing their language skills through diverse interactions. Tandem has been recognized by both Apple and Google for its innovative approach to language education. The app is available for free on iOS, Android, and the web, and it is supported by notable European investors.

LegalVision.fr

Seed Round in 2016
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.

Jack The Maker

Seed Round in 2016
Jack The Make thinks machines for advertising and communication, product development and manufacturing, robotics, prototyping, filmmaking, design, coding and IoT.

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.

StemCell2Max

Seed Round in 2015
StemCell2MAX is a Portuguese biotechnology company focused on resolving the global shortage of high-quality blood and hematopoietic stem cells (HSCs) for medical and research applications. The company holds a strong intellectual property position in Europe, the USA, and Japan, based on innovative technology that enhances the survival and multiplication of scarce HSCs. Since launching a research use only (RUO) expansion product in 2015, StemCell2MAX has established a growing international sales record and is currently advancing the clinical applications of its technology. By developing regenerative medicines aimed at multiplying limited blood stem cells, the company enables healthcare facilities to improve treatments for cancerous diseases and support tissue recovery.

Dharma5 Academy

Seed Round in 2015
Dharma5 Academy is an online education platform based in Coimbra, Portugal, focused on providing practical learning and personal development content. The academy aims to empower individuals through accessible educational resources, promoting skills and knowledge that foster personal and professional growth. By leveraging digital tools and methodologies, Dharma5 Academy caters to a diverse audience seeking to enhance their learning experiences in a flexible and engaging manner.

Transactional Track Record

Seed Round in 2014
Transactional Track Record (TTR) is a premium financial technology platform that delivers unrivalled transactional data and actionable market intelligence in real time, empowering professionals to seize opportunities and make more informed strategic decisions. TTR aggregates transactional data from thousands of sources, providing an indispensable resource of announced, completed and cancelled transactions covering every industry.

Magnomics

Seed Round in 2014
Magnomics is a diagnostics and medical technology company focused on developing rapid, portable molecular diagnostic tests for human health, veterinary, and food industries. The company aims to produce affordable, disposable diagnostic cartridges at scale for global distribution. With a strong team experienced in biotechnology, electronics, and physics, Magnomics has attracted €1.6 million in seed financing and is seeking an additional €1.5 million to finalize the prototyping of its first product targeting animal health. Their technology utilizes microfluidics and magnetoresistive DNA sensing to enable DNA detection within a single cartridge, requiring no specialized training to operate. The initial focus is on detecting bovine mastitis, a significant issue for dairy producers that incurs over €30 billion in annual losses worldwide. The veterinary diagnostics market, estimated at €4 billion, is poised for growth, and Magnomics anticipates capturing a portion of this market by selling directly to farmers or veterinarians and negotiating partnerships with major pharmaceutical and dairy firms. Unlike existing solutions, Magnomics’ product aims to provide accurate pathogen identification quickly and affordably at the farm level.

Xhockware

Seed Round in 2014
Xhockware S.A., based in Porto, Portugal, specializes in innovative smartphone-based retail solutions. Its flagship product, YouBeep, is a mobile shopping and checkout solution that integrates a patented pluggable device compatible with various retail point-of-sale systems and a user-friendly mobile app. This technology allows shoppers to scan products, manage shopping lists, access loyalty cards, and complete their purchases efficiently, significantly reducing checkout times. Retailers benefit from YouBeep by gaining insights into customer behavior, optimizing operations, and enhancing sales without requiring extensive integration efforts or capital expenditures. The application supports mobile payments and personalized promotions, improving customer satisfaction and loyalty. YouBeep is currently available at several leading retailers, including Lidl, Pingo Doce, Jumbo, Continente, and Leroy Merlin, where it has demonstrated impressive results in enhancing the shopping experience.

iClio

Seed Round in 2014
iClio is a company dedicated to the creation and publication of content related to history, heritage and culture. They specialize in the production of content for the new digital media. iClio's aim is to meet the growing demand for high quality content by creating products which provide a gratifying experience tuned to the capabilities of new devices and media channels. iClio's mission is to build bridges between content and technology, focusing on accuracy, usability, design quality and effective project management. Clio, the muse of history, is now ready to discover new environments, becoming iClio – the muse of history, culture and heritage for the new digital media.

Lymphact

Seed Round in 2014
Lymphact is a biopharmaceutical start-up dedicated to developing innovative personalized medical treatments, primarily targeting cancer and chronic viral diseases. The company has spent five years in research and development, culminating in the creation of a technology platform capable of generating autologous and allogeneic cellular immune therapies, known as DOT-Cells®. This platform aims to leverage the immune system's natural mechanisms to eliminate pathogens, including cancer cells, virus-infected cells, and chemotherapy-resistant cancer stem cells. By focusing on these advanced treatments, Lymphact seeks to provide patients with effective solutions for previously difficult-to-treat conditions, offering hope for quicker and less painful recovery options.

youbeQ - Maps With Life

Seed Round in 2013
About youbeQ - Maps With Life youbeQ is a project born inside iNovmapping LDA, and now is property of Maps With Life, S.A. a iNovmapping LDA spin-off. Currently we are incubated in the "Instituto Pedro Nunes" (IPN) - Association for Innovation and Development in Science and Technology at the University of Coimbra, voted the best technology-based incubator of the world in 2010. What is youbeQ? youbeQ is a social hybrid reality platform integrated in Google Maps/Earth where you can travel around the world, discover new places, meet new people and share your own experiences among with friends. See what's going around you.

eSolidar

Seed Round in 2013
Since 2014, eSolidar has been connecting consumers with social causes and enabling charities to diversify their fundraising base & reach new audiences through online charity shops, donations and special charity auctions with celebrities & brands. After reaching 50K registered users and almost 800 charities, we're now getting businesses involved. eSolidar for businesses is a solution that allows companies to better engage, empower and connect employees, while amplifying their social impact and CSR strategies, to create a culture of collaboration and giving back within any organisation.

Zaask

Seed Round in 2013
Zaask is an online platform that connects individuals and small businesses with service professionals for various projects, such as home renovations, event photography, and language learning. As the largest player in Europe in this sector, Zaask allows users to compare and hire rated service providers. The platform not only facilitates the hiring process for clients but also enables freelancers to showcase their skills, grow their revenue, and attract potential clients. By matching people with the right professionals, Zaask supports both service seekers and providers in achieving their goals, fostering independent and sustainable employment opportunities.

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.
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