Led · Equity · May 2025

Gazelle Wind Power is commercializing a patented floating offshore wind platform that combines unique hull geometry with a counterweight-based mooring system to reduce motion, minimize environmental impact, and lower levelized cost of energy (LCoE). The design is compact for assembly in shallow-draft ports, uses less steel, and targets industrial-scale rollout for turbines of 15MW and larger. Gazelle is advancing the Nau Azul demonstration project off the coast of Aguçadoura, Portugal, which has received a 10-year TUPEM authorization to enable deployment. The Nau Azul project will validate the platform under Portugal’s harsh offshore conditions and is intended to support large-scale commercial deployments across Iberia. The company has bases in Dublin and Viana do Castelo and maintains a presence in Vigo and London. Gazelle positions its solution to enable local content, utilize existing port infrastructure, and streamline transport, installation, and maintenance. Gazelle Wind Power develops next-generation floating platforms for offshore wind to make deep-water wind energy more viable, accessible and with less environmental impact on marine ecosystems. Its design targets lower costs, high stability, easy transport, installation and maintenance, and uses pre-existing port infrastructure and shipbuilding modular assembly to enable local content. The company is building the 'Nau Azul' demonstration pilot to validate the technology in real offshore conditions near Aguçadoura and Viana do Castelo. Founded in 2020 and based in Viana do Castelo, Gazelle says the platform is intended to reduce Levelised Cost of Electricity (LCOE) while mitigating impacts of traditional platforms. Recent funding will be used to strengthen Gazelle’s operational structure, expand its technical team and move ahead with construction of the pilot project. The company frames the pilot as a step toward a cost-competitive, scalable solution for larger deployments. Gazelle Wind Power is developing a modular, lightweight floating offshore wind platform designed to reduce costs and environmental impact. Its platform uses a patented dynamic mooring system to reduce pitch and balance movement without active ballasting. The design emphasizes modularity and shipyard-friendly fabrication with final assembly near wind farm sites to enable scalable deep-water deployment. Gazelle is advancing Nau Azul, a 2MW grid-connected demonstrator planned for Aguçadoura, Portugal, and has opened a local office in Viana do Castelo to support engineering and supply-chain activities. The company targets lower LCOE, easier installation and maintenance, and protection of marine ecosystems. Gazelle is based in Dublin and Viana do Castelo and has a presence in Vigo and London. Gazelle Wind Power designs and engineers a hybrid attenuated mooring floating platform that combines features of tension‑leg and semi‑submersible systems to enable deeper‑water offshore wind. The patented design claims a 70% reduction in steel weight, platform tilt under 1°, and roughly a 30% cost reduction versus other floating platforms. The company plans to use recent funding to develop its first grid‑connected demonstrator and accelerate platform development for the deep‑water offshore wind market. Gazelle says its platform overcomes buoyancy and geographic limitations while preserving fragile marine environments. Financially, Gazelle announced a $4 million financing package composed of seed and strategic long‑term funding to advance demonstration work. The company recently added an elite group of energy industry veterans to its board. Gazelle is based in Dublin and maintains a presence in Dubai, London, Madrid, and Paris.

Participated · Equity · Dec 2024

Arborea develops the Biosolar Leaf technology to cultivate microorganisms and other microscopic plants using sunlight and captured CO2 as feedstock. The system is designed to produce protein in a cost-effective, carbon-negative manner without relying on agricultural land or agriculture-derived feedstock. Arborea says the approach can reduce pressure on arable land and enable cultivation on diverse settings, including urban surfaces, while releasing oxygen during photosynthesis. The company plans to prepare its first facility for commercial-scale protein production and aims to mass-produce nutrient-rich food products with a carbon-negative footprint. Financially, Arborea secured new funding of €5M to support the build-out of that first commercial facility. Indico Capital Partners and Banco Português de Fomento are mentioned in connection with the recent investment.

Led · Equity · Dec 2023

Glooma develops the SenseGlove, a sensor-equipped glove paired with a mobile app that enables portable, at-home breast tissue screening using machine-learning algorithms to complement self-exams and detect early changes. The device is intended as a health monitoring tool rather than a diagnostic device and is currently in pre-sale on the company website. Glooma has completed its pre-seed financing and is using the funds to make the SenseGlove market-ready and to establish the foundations for commercial expansion. The company is headquartered in Braga. Management says the funding will help scale the product so it can reach more women and support planned international expansion, including the U.S. market. No operating metrics (revenue/users) were disclosed in the article.

Participated · Equity · May 2022

Sound Particles develops 3D audio software that applies graphic computing to sound. Its technology has been used in productions including Game of Thrones, Star Wars, Frozen, Fortnite and the Oscar movie Dune. Founded in 2016 and based in Portugal, the company is expanding into gaming, VR and music production. The recent funding will be used to roll out 3D audio for headphones, strengthen its presence in the gaming/VR world, and enlarge its product range in music production. Sound Particles plans to launch a sound marketplace and create immersive headphone experiences for the metaverse. The company also intends to strengthen its international market presence through a new Los Angeles office and promote organic growth. Previously it received a €400,000 pre-seed investment in 2019 and €1.25 million from the EU SME Instrument. Sound Particles develops a software suite for 3D audio design that has been used in films including Aquaman, Cars 3, Batman v Superman, The Mummy, Wonder Woman, Justice League, Ready Player One and Independence Day 2. The company was nominated for the Cinema Audio Society awards this year. It has raised €400,000 in a seed round led by Indico Capital Partners with participation from REDAngels. Sound Particles plans to use the funds to transition to a SaaS business model and to adapt its solutions for gaming and virtual reality markets. Founder and CEO Nuno Fonseca said the company intends to replicate at the sound level what computer graphics did for film. The startup is based in Leiria, north of Lisbon.