Stratio Automotive, a Portuguese tech company coming out of stealth to scale its AI for auto manufacturers, distributors, and fleet owners for preventative maintenance, raised €3M in seed funding.
Armilar Venture Partners SGFCR, a Lisbon, Portugal-based venture capital firm focused on deep tech investments, launched and held the €45m first closing of its €60m fifth fund.
Lisbon, Portugal-based venture capital firm Indico Capital Partners completed the first closing of €41m of its debut early stage fund.
GuestReady, a London, UK-based Airbnb management company, acquired Portuguese platform Oporto City Flats, and has taken over the property portfolio of French company We Stay In Paris.
Infraspeak, an Oporto, Portugal-based maintenance management software startup, raised €1.6m in funding.
Magikbee, a Braga, Portugal-based edtech startup, secured a $250k round of funding.
Mov.AI, a Lisbon, Portugal-based an Operating System for autonomous intelligent collaborative robots, raised $3m in seed funding.
Dashdash, a Berlin, Germany and Porto, Portugal-based creator of tools that make computation accessible to everyone, secured $8m in Series A funding.
Sword Health, a Porto, Portugal-based comprehensive and user-friendly digital physiotherapist, raised $4.6m in seed funding.
Jscrambler, a Lisbon, Portugal-based web security startup, raised more than US$2.3m in Series A funding round.
Prodsmart, a San Francisco, CA-based provider of a real time process tracking platform for production lines and job shops, raised $1.5m in seed funding.
Unbabel, a Lisbon, Portugal and San Francisco, California-based provider of AI-powered human translations at scale, raised another $23M in funding.
IntellectEU, a company with a specific focus on new applications of Blockchain and distributed ledger technologies (DLT), raised €2m in funding.
Mub Cargo, a Braga, Portugal-based mobile app that connects people with shipping needs with drivers willing to transport those items, raised approx. €300k in funding.
Kinematix, a Porto, Portugal-based wearable device for runners, closed a €2M funding round.