Portugal Archives

MOV.AI Closes $4M Financing Round

MOV.AI, a Lisbon, Portugal-based provider of an enterprise-grade ROS development & run time environment for cobots (collaborative robots), closed a $4m financing round, bringing the total capital raised to $8m.

PSA Aftermarket Acquires Amanhã Global

PSA Aftermarket has acquired Portuguese Amanhã Global and its e-commerce platform B-Parts.com.

Cellnex Buys Omtel in Portugal, for Euro 800M

Cellnex, a Barcelona, Spain-based operator of wireless telecommunications infrastructures listed on the continuous market of the Spanish stock exchange, is to acquire Portuguese telecommunications towers and sites operator Omtel from Altice Europe and Belmont Infra Holding’s, for an equivalent enterprise value of € 800m.

HypeLabs Raises $3M in Seed Funding

HypeLabs, a San Francisco, CA and Porto, Portugal-based software-only mesh networking provider, raised $3m in seed funding.

Codacy Raises $7.7M in Funding

Codacy, a Lisbon, Portugal-based platform that automates and standardizes software quality to increase the efficiency of developers and enterprise development teams, raised $7.7M in funding.

Unbabel Closes $60M Series C Funding Round

Unbabel, a Lisbon, Portugal-based platform for translating customer service messages, closed a $60m Series C funding round.

AnaCap Closes Fourth Credit Fund, at €1 Billion

AnaCap Financial Partners, a European dedicated financial services specialist investor, closed its fourth Credit Opportunities fund, at €1 billion.

Mobileum Buys WeDo Technologies

Mobileum Inc., a Cupertino, CA-based provider of analytics-based roaming and risk management solutions, acquired WeDo Technologies, a Lisbon, Portugal-based provider of risk management, business management, and business optimization solutions.

Fyde Raises €2M in Funding Round

Fyde, a Palo Alto, CA-based Oporto, Portugal-based platform for users to remotely access to their company’s servers, closed a €2M post-seed funding round.

Stratio Automotive Raises €3M in Seed Funding

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 Holds €45M First Close of Fifth Fund, at €60M

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.

Indico Capital Partners Launches Early Stage Venture Capital Fund

Lisbon, Portugal-based venture capital firm Indico Capital Partners completed the first closing of €41m of its debut early stage fund.

GuestReady Buys Oporto City Flats; Takes Over We Stay In Paris Portfolio

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.