Led · Series A · Feb 2026

Founded in 2018 as a spin-out from the Faculty of Sciences of the University of Lisbon, Delox leverages years of research in chemistry, biochemistry and materials science to tackle microbial contamination and antifungal challenges. Its core product, DeloxHP, is a patented dry hydrogen peroxide formulation that enables high-performance, human-safe biodecontamination while reducing time, cost and reliance on harmful agents. The company is also developing Delox Air, an air-borne biodecontamination solution designed for continuous use in occupied spaces. With its technology, Delox targets critical issues such as antimicrobial resistance and hospital-acquired infections across health, pharma and scientific research sectors. The firm plans to scale production capacity and obtain European (ECHA) and U.S. (EPA) certifications to enter additional regulated markets in Europe and the United States. Financially, Delox has just secured a €1.6 million Series A round to fund certification processes, production scale-up and continued R&D. No operating revenue or user metrics were disclosed in the article.

Participated · Seed · Feb 2026

Zen8 develops and sells a training machine that mimics swim-stroke resistance and pairs it with gamified software so athletes can practice technique, speed and power without visiting a pool or gym. Targeted at triathletes, swimmers and surfers, the lightweight, portable device is designed for use almost anywhere and promises measurable performance gains—specifically, the ability to swim faster within three weeks. The platform blends physical hardware with interactive digital coaching to democratise high-quality swim training. With its latest financing, Zen8 plans to finalise product development, scale its team, and step up marketing and sales efforts. The startup also intends to grow the operations of its subsidiary in Portugal, turning the country into a key hub. No revenue or user figures were disclosed in the article, but the company positions itself as a faster, more convenient alternative to conventional pool training.

Participated · Series A · Sep 2025

Nutrium, founded in 2015 in Portugal, offers Nutrium Care, a comprehensive corporate nutrition benefit that pairs 1:1 dietitian support with proactive digital coaching. The platform serves millions of patients and links them to a network of more than 350,000 registered dietitians across over 90 countries. Corporate clients report a three-times return on investment, a 5% average weight reduction within four months, reduced prescription drug usage, and higher employee productivity. Nutrium’s solution is positioned as a lower-cost, higher-adherence alternative to GLP-1 medications for obesity management. The company recorded 400% revenue growth in the last year, underscoring rapid market adoption. With the new capital, Nutrium plans to expand its U.S. presence and forge additional partnerships with health plans and consultants to scale its nutrition care offering.

Participated · Seed · Jun 2025

PFx Biotech builds a precision fermentation platform to produce bioidentical human milk proteins such as lactoferrin for use in advanced nutrition products. Its proteins are non-GMO, dairy- and animal-free, highly bioactive, easily digestible and aimed to be allergy-free and suitable across life stages including infant, elderly and sports nutrition. The company plans to scale up production to pre-industrial levels, establish bespoke labs, and grow its team. PFx is actively exploring strategic collaborations across R&D, scale-up, and go-to-market opportunities. Financially, it closed a €2.5 million Seed round and simultaneously secured a €2.5 million EIC Accelerator grant to support scale-up. The team brings experience in dairy proteins, fermentation, molecular biology, scale-up and open innovation, with a sustainability focus.

Participated · Equity · Mar 2024

Vawlt builds long-term data storage solutions centered on a Supercloud concept that distributes data across multiple clouds and on-premises nodes simultaneously to ensure resilience and protection from outages and ransomware. The technology aims to create a resilient, secure, and efficient storage environment that maintains data availability even during cloud outages or security threats. Founded in 2018 and led by CEO Ricardo Mendes, the Lisbon-based startup closed a €2.15M funding round in March 2024. Vawlt intends to use the funds to expand its team, accelerate product innovation, and intensify support for its global Channel Partner Network. Backers in the round included Lince Capital, Basinghall Partners, Beta Capital, existing investors Armilar Venture Partners and Shilling VC, and individual investors Carlos Brazão and Alain Fiocco. The company focuses on accelerating and securing the transition to the cloud by facilitating solid, long-term data storage strategies.