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Top 25 Sports VC Funds & Investors in Portugal (May 2026)

The most active venture capital funds investing in Portugal Sports startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Portugal Sports startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
another.vc
VC Fund
3 Germany, France, Switzerland Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $1.1M–$5.6M
Shilling
VC Fund
3 Portugal, Spain, United States Seed, Pre-Seed, Series A Internet, Information Technology, Software $200k–$24M
Kima Ventures
VC Fund
3 France, United States, United Kingdom Seed, Pre-Seed, Series A Software, E-Commerce, SaaS $250k–$12M
Portugal Ventures
VC Fund
3 Portugal, United States, France Seed, Pre-Seed Software, Health Care, Information Technology $107k–$1.6M
Olisipo Way
VC Fund
2 Portugal Pre-Seed, Seed, Convertible Note Software, SaaS, Communities $161k–$725k
Armilar Venture Partners
VC Fund
2 Portugal, United States, United Kingdom Series A, Seed Software, Information Technology, Manufacturing $482k–$12M
TrulyMad
VC Fund
2 Portugal Pre-Seed Beauty, Fitness, Wellness $550k–$560k
35V
VC Fund
2 United States, France, Portugal Seed, Series A, Pre-Seed Sports, Soccer, Information Technology
Bynd Venture Capital
VC Fund
2 Portugal, Spain, United States Seed, Series A Software, E-Commerce, Health Care $465k–$3.5M
Roca X
VC Fund
1 Romania, Italy, Israel Seed, Pre-Seed, Convertible Note Software, Information Technology, Health Care $54k–$2M
Seven Seven Six
VC Fund
1 United States, Israel, India Seed, Series A, Series B Software, Blockchain, Internet $3M–$152M
StartUp Health
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed Health Care, Wellness, Medical $20k–$2.5M
WISENEXT
VC Fund
1 Portugal, United States Seed, Pre-Seed Software, Artificial Intelligence, Internet $161k–$1.6M
Clever Advertising
VC Fund
1 Portugal, United States Seed, Pre-Seed Mobile Apps, PaaS, SaaS
Moonrock Capital
VC Fund
1 Singapore, United Kingdom, United States Seed, Pre-Seed Blockchain, Information Technology, Cryptocurrency $1M–$6M
APEX Capital
VC Fund
1 China, Portugal Series A PaaS, Soccer, Sports
Counterpart Advisors
VC Fund
1 United States, China, Canada Series B, Series C, Series D Health Care, Mobile Apps, Software $15M–$425M
ADvantage
VC Fund
1 United States, Israel, Portugal Series A, Seed, Series B Sports, PaaS, Mobile Apps
COREangels
VC Fund
1 Spain, Portugal, United Kingdom Seed, Pre-Seed, Angel Software, E-Commerce, Information Technology $161k–$857k
Demium Capital
VC Fund
1 Spain, Portugal, Poland Pre-Seed, Seed, Series A Software, Health Care, Information Technology $27k–$1.2M
Semapa Next
VC Fund
1 Portugal Series A Information Technology, PaaS, Mobile Apps
NewBound Venture Capital
VC Fund
1 United States, Canada, Portugal Series A, Seed Sports, E-Commerce, Media and Entertainment $2.5M–$6.2M
Morningstar Ventures
VC Fund
1 United States, Singapore, Germany Seed, Series A Blockchain, Cryptocurrency, Gaming $1.2M–$10M
Boost VC
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed Software, Virtual Reality, Blockchain $70k–$4.4M
Ganexa Capital
VC Fund
1 Portugal, United States, United Kingdom Seed, Pre-Seed Health Care, Fitness, Wellness $482k–$2.6M
Access all 30 VC funds in Portugal Sports startups.

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Investor list

another.vc
VC Fund · Berlin, Berlin, Germany · 3 investments in Portugal Sports startups, 9 in the past 12 months

We're just another venture capital firm. We invest as soon as you made up your mind to start a company. Sometimes even before that.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, France, Switzerland

Investor stats

  • Total investments: 30
  • Round size: Seed $1.1M–$5.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ScorePlay — ScorePlay is an AI-powered media asset manager dedicated to sports. The MAM centralizes assets in a single media workspace, with AI-tagging. Distribute to athletes and sponsors automatically through app. Amplify your brand.
  • Enabl — Using the enabl Digital Platform, customers can easily link their warehouse systems to our digital interface. Customers can quickly connect their vehicles to our drivers and, with a few clicks, schedule material transportation that meets their needs. Depending on the mission, a driver or an autonomous driving system executes the transport orderremotely. Our transport services are available for reservation at any time, with only the hours of service being charged.
  • ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
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Shilling
VC Fund · Lisboa, Lisboa, Portugal · 3 investments in Portugal Sports startups, 7 in the past 12 months

Shilling is an early-stage venture capital firm backing exceptional founders from the start.Shilling invests in a wide range of verticals and seeks out the biggest opportunities across all B2B and consumer categories. Leveraging the concept of Founder LPs, Shilling brings much more than capital and offers through its Shilling Platform, directaccess to successful founders and executives of leading companies. This platform supports entrepreneurs in validating and developing their ventures, which then accelerate their growth into global markets.

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Investment focus

  • Industry: Internet, Information Technology, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Portugal, Spain, United States

Investor stats

  • Total investments: 56
  • Round size: Seed $214k–$5M; Pre-Seed $200k–$3.2M; Series A $2.4M–$24M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Cargofive — Cargofive is the digital solution that will allow your freight forwarder to access to maritime rates from different providers in one place.
  • MyCareforce — The platform that connects nurses to available shifts.
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Kima Ventures
VC Fund · Paris, Ile-de-France, France · 3 investments in Portugal Sports startups, 42 in the past 12 months

Kima Ventures is one of the world's most active early-stage investors, investing in 2 to 3 startups per week all over the world; providing founders with funding, network, and support for them to reach the next steps of their journey.The firm invests from seed to Series A, mostly as lead investor but also working alongside other investors;backing ambitious founders who work hard to build awesome things that more and more people use everyday. The company helps them to build a great team, to learn very quickly, to keep the right focus and execute towards growth.Kima takes pride of itself in working side-by-side with entrepreneurs. They claim to understand that fundraising is only one step in the company’s journey, that’s why they take quick decisions and make the fundraising process as smooth as possible so the founders can get back to the work of building their business. Kima considers itself not only an investor, but a network of founders and experts sharing a pay it forward mindset.Headquartered in Paris with an office in London, the company was founded and backed by Xavier Niel, founder of Iliad and supporter of entrepreneurs through such projects as 42, Station F and 101projets. Over the last 5 years Kima has invested in over 400 startups in 24 different countries.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 380
  • Round size: Seed $250k–$3.5M; Pre-Seed $500k–$3M; Series A $800k–$12M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Mimbi — Mimbi provides brands and agencies with a platform that allows them to better measure & optimize the impact of retail media campaigns
  • OnlyDust — OnlyDust is a contribute to the best StarkNet projects, and get paid in USDC or Tokens.
  • Depot — The fastest place to build Docker images.
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Portugal Ventures
VC Fund · Porto, Lisboa, Portugal · 3 investments in Portugal Sports startups, 13 in the past 12 months

Portugal Ventures is a venture capital firm that is part of the Banco Português de Fomento group, currently manages 170 million euros and has more than 130 portfolio companies. It invests in startups in the pre-seed, seed and series A stages that offer innovative solutions for the international market in the digital, engineering&industry, lifesciences, and tourism sectors. Since 2012, Portugal ventures has invested 164 million euros in 147 new businesses.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States, France

Investor stats

  • Total investments: 159
  • Round size: Seed $107k–$1.6M; Pre-Seed $107k–$643k
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • HiJiffy — Increase direct bookings and upselling with HiJiffy's AI-powered communication solutions for hospitality.
  • MyCareforce — The platform that connects nurses to available shifts.
  • Floating Particle — Floating Particle is a technology and innovation company that drives an innovative solution for waste management and clean energy. Floating Particle specializes in IoT, Big Data and Machine Learning to provide cutting-edge technology to the customers.
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Olisipo Way
VC Fund · Lisbon, Lisboa, Portugal · 2 investments in Portugal Sports startups

Olisipo Way is an early-stage venture firm that focuses on IT investments. It invests in technology companies with very diverse and complementary skills. The initial portfolio of Olisipo Way comes from the innovation created within the Olisipo through the continuous stimulation of innovation among employees and the incubation of new businessventures.The firm was founded in 2015 and is headquartered in Lisbon, Lisboa.

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Investment focus

  • Industry: Software, SaaS, Communities
  • Stage:Pre-Seed, Seed, Convertible Note
  • Geography: Portugal

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $161k–$725k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Zharta — Zharta is a peer to pool protocol that enables its users to apply for real-time loans by using NFTs as collateral.
  • sheerME — SheerME is Revolutionising the way people find, book, and pay for their Wellness and Beauty services powered by a benefit-based walletOur approach is based on Discovery, Transaction & Reward to create more online visibility, reach, conversion into new business, loyalty, and frequency through our wallet and cashback ecosystem, to all ourpartners in the beauty and wellness sectors.This made us a fresh and different option in this sector where there are mainly SaaS players, and we bring marketplace with no monthly fee, only a commission for business sent through our owned and partner channels.
  • advertio — The customer acquisition platform that empowers your business to grow risk-free, where you only pay per results, not promises.
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Armilar Venture Partners
VC Fund · Lisboa, Lisboa, Portugal · 2 investments in Portugal Sports startups

Armilar Venture Partners is Portugal's leading venture capitalist. An independent VC with a 20-year-old history, a high-performance track record and an international footprint, Armilar is a deep-tech investor in ICT, HealthTech and CleanTech.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 82
  • Round size: Seed $482k–$2.7M; Series A $3.8M–$12M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Appentra — The first static code analyzer that increases the performance of C/C++ code. Write hardware-friendly code that runs faster on modern hardware.
  • StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
  • Miles in the Sky — Embark on a journey with Miles to upgrade your learning experiences. Our unique model provides a better way to increase learner engagement and improve knowledge retention.
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TrulyMad
VC Fund · 2 investments in Portugal Sports startups

TrulyMad Business Accelerator

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Investment focus

  • Industry: Beauty, Fitness, Wellness
  • Stage:Pre-Seed
  • Geography: Portugal

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $550k–$560k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • sheerME — SheerME is Revolutionising the way people find, book, and pay for their Wellness and Beauty services powered by a benefit-based walletOur approach is based on Discovery, Transaction & Reward to create more online visibility, reach, conversion into new business, loyalty, and frequency through our wallet and cashback ecosystem, to all ourpartners in the beauty and wellness sectors.This made us a fresh and different option in this sector where there are mainly SaaS players, and we bring marketplace with no monthly fee, only a commission for business sent through our owned and partner channels.
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35V
VC Fund · New York, New York, United States · 2 investments in Portugal Sports startups

Official site of Thirty Five Ventures. Founded by Kevin Durant & Rich Kleiman. Investments, philanthropy, media, and more.

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Investment focus

  • Industry: Sports, Soccer, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, Portugal

Investor stats

  • Total investments: 9
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lalo — Lalo is a modern baby and toddler brand. We are rethinking the way parents shop for their little ones with through a streamlined experience, thoughtfully-designed products, and unparalleled service.
  • MEDIVIS — Medivis is a leader in AR for healthcare, using augmented reality and artificial intelligence to advance medical imaging and surgical precision.
  • ScorePlay — ScorePlay is an AI-powered media asset manager dedicated to sports. The MAM centralizes assets in a single media workspace, with AI-tagging. Distribute to athletes and sponsors automatically through app. Amplify your brand.
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Bynd Venture Capital
VC Fund · Lisbon, Lisboa, Portugal · 2 investments in Portugal Sports startups

Bynd Venture Capital, former Busy Angels, is a Portuguese venture capital investor with more than 30 active investments in the portfolio in different funds. At Bynd Venture Capital we invest in companies: - At the seed / early stage - In IT/Digital and Sustainability (including Lifesciences, Clean Tech, among others) sectors - FromPortugal, Spain and any startup that has a direct connection with these markets (founders, tech team, investors, ...).

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Series A
  • Geography: Portugal, Spain, United States

Investor stats

  • Total investments: 44
  • Round size: Seed $465k–$3.5M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $11M in 2019

Portfolio highlights

  • Ukio — Artfully designed fully furnished apartments available for extended stays
  • Trebellar — Trebellar provides advanced data analytics for building occupancy, energy efficiency, and climate optimization. Maximize your workplace productivity with our intelligent building solutions.
  • Guud Woman — Verbeter je cyclus met Guud Woman. Onze supplementen ondersteunen je hormonen en vruchtbaarheid, bevorderen een gezonde huid en meer.
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Roca X
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Portugal Sports startups

RocaX > Is building a solid and much needed bridge for startups between the support offered by business angels and the upper stage VCs. Learn more!

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Romania, Italy, Israel

Investor stats

  • Total investments: 30
  • Round size: Seed $150k–$2M; Pre-Seed $54k–$857k; Convertible Note $161k–$1.1M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Milluu — Helping places become homes! Milluu is the app that gets personal, relevant and smart about rent.We believe that things are done properly when you're personally invested. And we invest our technology & smart tools to help you find your next home or your next ideal tenant!We have created a service app that connects directly listers andtenants based on their preferences.Based on AI and ML, our Milluu Bot is the friendly face of the app, assisting you permanently in your rental journey, making suggestions for great matches and helping you close the deal.
  • MOCAPP — Find influencers. Run campaigns. Get results.
  • Munevo — Munevo empowers people with disabilities by using smart and innovative technology.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Seven Seven Six
VC Fund · Palm Beach Gardens, Florida, United States · 1 investments in Portugal Sports startups, 17 in the past 12 months

Seven Seven Six is a venture capital firm. The firm features The Seven Seven Six Operator in Residence Program as a full-time, paid, one-year appointment.

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Investment focus

  • Industry: Software, Blockchain, Internet
  • Stage:Seed, Series A, Series B
  • Geography: United States, Israel, India

Investor stats

  • Total investments: 92
  • Round size: Seed $3M–$9.1M; Series A $10M–$50M; Series B $35M–$152M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Baleena — Say goodbye to microplastics in your laundry and hello to a cleaner planet. Protect what you love. Let your washing machine be a hero for our oceans, fish, and drinking water.
  • ScorePlay — ScorePlay is an AI-powered media asset manager dedicated to sports. The MAM centralizes assets in a single media workspace, with AI-tagging. Distribute to athletes and sponsors automatically through app. Amplify your brand.
  • The Grand World — The Grand is a group coaching platform to support individuals and companies in navigating transitions at the intersection of work and life.
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StartUp Health
VC Fund · New York, New York, United States · 1 investments in Portugal Sports startups, 12 in the past 12 months

Organizing and investing in a global army of entrepreneurs committed to achieving health moonshots

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Investment focus

  • Industry: Health Care, Wellness, Medical
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 140
  • Round size: Seed $100k–$2.5M; Pre-Seed $20k–$800k
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $31M in 2018

Portfolio highlights

  • AvoMD — AvoMD is reimagining clinical decision support with interactive point-of-care software, available standalone and via EHR integrations, and seamless content building tools.
  • Medwise.ai — Medwise.ai is the Google for doctors.
  • Pear Suite — Pear Suite enables anyone—community health workers, other healthcare staff, and volunteers—to assess and address the social drivers of health for older adults in a scalable, cost-effective, and person-centered way.
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WISENEXT
VC Fund · Lisboa, Lisboa, Portugal · 1 investments in Portugal Sports startups

WiseNext is a venture and smart capital investment company. We focus on helping young entrepreneurs with innovative ideas that have an impact on our society, providing capital, knowledge and networking.

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $482k–$1.6M; Pre-Seed $161k–$429k
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Pleez — Pleez offers Restaurant's an optimisation of their menu within Delivery Platforms, so that they can have a revenue increase up to 25%.
  • Reckon.ai — Reckon.ai have been working with several retail customers for the last years and they found that the task of competitive analysis in this vertical is still in the early days of what modern technology can do for them. You wouldn’t believe the number of problems and inefficiencies screaming for solutions in the digital age.So they decided to buildReckon, a cloud platform for smart retail product analysis and price comparison that uses powerful machine learning algorithms, data fusion and computer vision to reshape the way retailers get their competitive intelligence data.
  • Relive — Relive is empowering the next generation of real estate entrepreneurs, with a mobile app that allows them to work for themselves, from anywhere, while saving time and earning commissions faster.
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Clever Advertising
VC Fund · 1 investments in Portugal Sports startups

We are an online advertising company. Experts on leading monetization models. With cutting-edge online media campaigns, online content and traffic management.

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Investment focus

  • Industry: Mobile Apps, PaaS, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Replai — Without data, creative choices are just guesswork. Replai helps you understand the difference between a creative that your audience acts on and one that is just another scroll.
  • RealFevr — Collect sports moments, battle against other players and earn rewards.
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Moonrock Capital
VC Fund · London, England, United Kingdom · 1 investments in Portugal Sports startups

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

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Investment focus

  • Industry: Blockchain, Information Technology, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: Singapore, United Kingdom, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $1M–$6M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Elusiv — Elusiv offers compliance in mind with next-generation privacy solutions for a better Web3.
  • SuiPad — SuiPad is an IDO&INO platform, with selected projects, flexible whitelist, and fair level as the core positioning.
  • Arcade2earn — Arcade2earn is the GameFi platform that gives its community the opportunity to earn access to the ecosystem.
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APEX Capital
VC Fund · Changning, Shanghai, China · 1 investments in Portugal Sports startups

APEX Capital is an equity investment fund.

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Investment focus

  • Industry: PaaS, Soccer, Sports
  • Stage:Series A
  • Geography: China, Portugal

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zannan — Zannan specializes in the production of zhan catalysts and HNBR rubber.
  • RealFevr — Collect sports moments, battle against other players and earn rewards.
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Counterpart Advisors
VC Fund · Manhattan Beach, California, United States · 1 investments in Portugal Sports startups

Counterpart Advisors is a Venture Capital, Private Equity & Consulting firm that engages in highly competitive and visible markets.

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Investment focus

  • Industry: Health Care, Mobile Apps, Software
  • Stage:Series B, Series C, Series D
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 55
  • Round size: Series B $15M–$131M; Series C $100M–$216M; Series D $22M–$425M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RenoRun — RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowingtheir clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site.RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.
  • Wayflyer — Wayflyer offers growth financing to eCommerce companies like yours. Sign up, connect your store and analytics, and receive funding offer today.
  • ScorePlay — ScorePlay is an AI-powered media asset manager dedicated to sports. The MAM centralizes assets in a single media workspace, with AI-tagging. Distribute to athletes and sponsors automatically through app. Amplify your brand.
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ADvantage
VC Fund · Jerusalem, Yerushalayim, Israel · 1 investments in Portugal Sports startups

ADvantage Sports Tech Fund invests in early-stage technology companies aimed at shaping the future of sports. ADvantage is backed by leAD Sports, an initiative spearheaded by the grandchildren of Adi Dassler to further sports innovation, and global hybrid venture capital platform, OurCrowd. ADvantage is leveraging a strong global network to sourceleading opportunities in the spaces of fan engagement and experience, connected athletes and communities, and derivative sports (eSports, fantasy, and new sports).

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Investment focus

  • Industry: Sports, PaaS, Mobile Apps
  • Stage:Series A, Seed, Series B
  • Geography: United States, Israel, Portugal

Investor stats

  • Total investments: 6
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Tappp — THE FLEXIBLE WAY TO WATCH & BET LEARN MORE FOR RIGHTS HOLDERS & SPORTSBOOKS THE TAPPP PLATFORM ENABLES FLEXIBLE PAYMENTS LEARN MORE REAL-TIME GAMING & COMMERCE LEARN MORE
  • Rooter — Rooter is an Indian game streaming platform that organizes multiple esports tournaments and owns many gaming IPs. It focuses on the massive mobile gaming market of more than 350 mn gamers. Conceptualized in 2016, Rooter was initially set up by Piyush and Dipesh Agarwal to build a strong community of sports fans around the world. But soon afterthe outbreak of COVID-19, Rooter forayed into game streaming to build one of the country’s biggest communities of gamers as well. Rooter has reached out to more than 23 mn users with an average user watching Live game streams daily for 26 mins. Rooter also runs the biggest community program to build the next million game streamers in India. Today Rooter is the biggest streaming platform in India available across Android, iOS, and Desktop.
  • RealFevr — Collect sports moments, battle against other players and earn rewards.
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COREangels
VC Fund · Ílhavo, Aveiro, Portugal · 1 investments in Portugal Sports startups

Where startups can get much more than money, and Investors can professionally invest as angels.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Spain, Portugal, United Kingdom

Investor stats

  • Total investments: 26
  • Round size: Seed $265k–$857k; Pre-Seed $161k–$268k
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • WAISENSE — WAISENSE es una marca internacional que desarrolla sistemas inteligentes para ahorrar agua en viviendas o negocios. Empieza a ahorrar agua con WAISENSE.
  • Jrny — Looking for a new way to own your home? Lock-in a house today and begin your journey home.
  • Kiddle Pass — Kiddle Pass integrates children into cultural, physical, educational, and leisure activities to provide a universe of possibilities, where they can improve skills, discover talents and identify new passions.
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Demium Capital
VC Fund · Valencia, Comunidad Valenciana, Spain · 1 investments in Portugal Sports startups, 12 in the past 12 months

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Spain, Portugal, Poland

Investor stats

  • Total investments: 58
  • Round size: Seed $27k–$1.2M; Pre-Seed $107k–$193k
  • Lead/follow: 66% lead, 34% follow
  • Last fund: May invest from a new fund soon — raised $54M in 2020

Portfolio highlights

  • Coolx — Coolx has a mission to bring technology to the service of forests. Through satellite technology and AI we help environmental consultancies, engineers and forestry managers to optimize the analysis, management and forest conservation.
  • Tribboo — Project management platform for construction SMEs
  • Nuwe — Nuwe is a startup disrupting how tech professionals get hired and improve their skills, while at the same time it changes the way companies do people management and recruitment. To achieve that,we have developed a gamified platform which allows users to take challenges, participate in projects and contribute to Nuwe’s community sharing knowledgeand helping other users out. All of this contributes to their path to getting a job and their professional self-development.Companies can ask for personalized challenges, getting access to a database of validated users. For companies, wanting to participate in Nuwe’s selection processes not only get a database of validated users, but they generate a huge impact within tech communities which helps them gain a better reputation and have access to more qualified talent in the future. Moreover, companies can also ask for internal employee analytics which will help them optimize their overall performance.
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Semapa Next
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Sports startups

Semapa Next is a venture capital firm that invests in teams of exceptional founders from Series A to late-stage funding.

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Investment focus

  • Industry: Information Technology, PaaS, Mobile Apps
  • Stage:Series A
  • Geography: Portugal

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Soveren — Soveren helps engineering and security teams protect personal data by detecting privacy risks and analyzing real-time data flows within your infrastructure.
  • Probely — Probely is a web application and API vulnerability scanner for agile teams. Automate Security Testing by adding Probely into your SDLC and CI/CD pipelines.
  • RealFevr — Collect sports moments, battle against other players and earn rewards.
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NewBound Venture Capital
VC Fund · Minneapolis, Minnesota, United States · 1 investments in Portugal Sports startups

NewBound VC is an early stage venture capital firm partnering with entrepreneurs who challenge what's "possible".

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Investment focus

  • Industry: Sports, E-Commerce, Media and Entertainment
  • Stage:Series A, Seed
  • Geography: United States, Canada, Portugal

Investor stats

  • Total investments: 28
  • Round size: Seed $2.5M–$6.2M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Buzzer — Buzzer is a notification-driven mobile platform for live sports personalized for fans. The company's mission is to simplify the discovery of live moments and make them seamless to watch. Buzzer takes fans from league to league and game to game, instantaneously.
  • Mother Science — Discover Mother Science, a revolutionary biotech skincare brand with a clinically proven serum for hyperpigmentation and sun damage.
  • Explorer Cold Brew — With Explorer, you choose how you want your coffee, pick your caffeine level, what Flavor Elixir to add. Craft the perfect cup, conveniently in 30 seconds or less. No more trips to the coffee shop - it's the best way to make an (award-winning!) cold brew at home.
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Morningstar Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Portugal Sports startups

We are a proprietary investment firm focused on digital assets and blockchain technology, primarily focused on the Elrond Ecosystem.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Germany

Investor stats

  • Total investments: 87
  • Round size: Seed $1.2M–$10M; Series A $1.4M–$10M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • 37xDubai — 37xDubai is a space where Art and Technology come together to create the most unique expressions of creativity.
  • Avalon — Avalon is an Orlando, Florida-based platform to create games and virtual experiences.
  • CryptoSimple — CryptoSimple is a roboadvisor-based crypto investing solution that is simple, smart and secure, without the crypto lingo.
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Boost VC
VC Fund · San Mateo, California, United States · 1 investments in Portugal Sports startups, 17 in the past 12 months

Boost VC: The Pre-Seed Fund Making Sci-FI a Reality. Investing in crypto, virtual reality, augmented reality, AI, Ocean Tech, Space Tech, human augmentation, exoskeletons and more.

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Investment focus

  • Industry: Software, Virtual Reality, Blockchain
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 171
  • Round size: Seed $405k–$4.4M; Pre-Seed $70k–$2.1M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • ShapesXR — ShapesXR is a provider of a web-based platform for content creation and collaboration for VR applications.
  • Space DOTS — The first modular pico-labs for active in-space testing of advanced materials, from LEO to Cis-lunar and Interplanetary orbits.
  • Cascade Biocatalysts — Cascade Biocatalysts is built on a novel way to immobilize enzymes. Our technology keeps enzymes active and stable under difficult industrial conditions.
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Ganexa Capital
VC Fund · Lisbon, Lisboa, Portugal · 1 investments in Portugal Sports startups

Ability to open doors on opportunities (potential clients/strategic partners/suppliers/etc). Add market credibility, something missing in many start-ups.Know-how that can save you time, money and unnecessary stress and worry. Ability to complement the existing management team, filling gapsThey understand the difficulties andhardships of starting and building a business. They are motivated to work with you on the building process, and not just wait for the end result

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Investment focus

  • Industry: Health Care, Fitness, Wellness
  • Stage:Seed, Pre-Seed
  • Geography: Portugal, United States, United Kingdom

Investor stats

  • Total investments: 7
  • Round size: Seed $482k–$2.6M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Abtrace — Transforming Clinical Decisions through Data
  • sheerME — SheerME is Revolutionising the way people find, book, and pay for their Wellness and Beauty services powered by a benefit-based walletOur approach is based on Discovery, Transaction & Reward to create more online visibility, reach, conversion into new business, loyalty, and frequency through our wallet and cashback ecosystem, to all ourpartners in the beauty and wellness sectors.This made us a fresh and different option in this sector where there are mainly SaaS players, and we bring marketplace with no monthly fee, only a commission for business sent through our owned and partner channels.
  • ChemiTek — Certified & sustainable solutions for industrial maintenance. We have the solutions you need!
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Sports VC funding in Portugal at a glance

Stats across 19 deals from 30 investors.

30
investors
in Portugal Sports startups
19
deals
in Portugal Sports startups
$500k
median round
in Portugal Sports startups
30%
lead investors
lead at least one round
37%
Seed
most common funding stage

Access all 30 VC funds in Portugal Sports startups.

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