Critical Ventures
Parque Industrial Do Taveiro, Lt. 48, Coimbra, 3045-504, Portugal
Overview
Critical Ventures is a VC that invests in game-changing companies with the power to transform the way the world uses technology, in the areas of IoT, Automatization and Digitalization, Cybersecurity, AI/ML/Descentralised tech, UxD/Interfaces, Mobility and Medical Software. We know that building disruptive tech companies takes more than just capital. As tech entrepreneurs ourselves, we work side by side with the companies we invest in, backing them with funding, time and real expertise. We believe that technology is nothing without the passion of talented people bringing it to life. That’s why we’re dedicated to working with entrepreneurs and startups who share our culture and values. In return, we help to nurture the companies we invest in and grow them organically, in their own time – avoiding round after round of funding. For us, investing isn’t just our business. It’s the chance to make a difference and create something big. From founders for founders It is designed to support entrepreneurs from an early stage, with expertise, strategic guidance and a unique ecosystem of technology businesses, helping to build companies that are future pioneers with the ability to shape new markets.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 6
Sector focus
- Automotive
- Cyber Security
- Finance
- Financial Services
- Health Care
- Medical
- Software
- Venture Capital
Investment portfolio
- Almetra
Participated · Series A · Jun 2026
Almetra develops a manufacturing intelligence platform that combines AI-powered overhead cameras, machine data, IT systems and operator knowledge into a single source of operational intelligence for production lines. Its cameras process video locally to produce structured metrics such as cycle times, output rates and equipment utilisation, with built-in worker privacy through anonymisation and retention of only short randomized snippets for root-cause analysis. The companys proprietary models are trained specifically for industrial production environments and adapt to customers processes without requiring full IT integration. Almetra plans to broaden its automation capabilities and pursue robotics applications in selected production environments, and is using recent funding to expand into the US and advance product development. The company raised €16.3 million in a Series A led by blisce/, reflecting an early growth funding stage to scale technology and deployments.
- RunSafe Security
Led · Series B · Sep 2024
RunSafe Security offers a patented software-immunization technology that inoculates customer systems from entire classes of cyberattacks. Customers integrate the product across build tool chains without developer friction, protecting open-source software and proprietary native code. The process does not change system behavior or add system overhead. RunSafe serves customers across aerospace and defense, energy and industrial automation, transportation and autonomy, medical devices, and high tech verticals. The company has offices in McLean, VA, Huntsville, AL, and Munich, Germany, and is led by CEO Joe Saunders. RunSafe plans to use new funding to accelerate product development and expand into EMEA and APAC. RunSafe Security offers Alkemist®, a patented platform that immunizes software and third‑party binaries by deploying in DevSecOps pipelines across build and deploy toolchains. Alkemist protects firmware, operating systems, containers, virtual machines, and applications while leaving systems functionally identical but logically unique. The product originated from DARPA research and is used across enterprise customers, suppliers and manufacturers, and national security industries. RunSafe is led by CEO Joe Saunders and is based in McLean, Virginia, with an additional office in Huntsville, Alabama. The company plans to use the funding to continue expanding operations and its business reach. Financially, RunSafe has raised $2.4M in seed funding and a total of $9.8M in Series A capital to date. RunSafe Security develops Alkemist, an automated tool that hardens open source, in‑house, and third‑party binaries by applying RASP and moving target defense methods to make each system functionally identical but logically unique. Alkemist was born from a research project for the Advanced Research Projects Agency of the Department of Defense and is designed to preclude exploits from spreading across devices and networks. Customers span the enterprise, suppliers and manufacturers, and national security industries, and integrate the product across build and deploy toolchains with minimal developer friction. The company is led by founder and CEO Joe Saunders and operates from McLean, Virginia, with an additional office in Huntsville, Alabama. RunSafe was a graduate of the Virginia Center for Innovative Technology’s Mach37 Cyber Accelerator (Fall 2017). The company intends to use new funding to expand sales and marketing and to broaden and accelerate product development. RunSafe Security offers a patented cyberhardening transformation process designed to stop attackers and protect vulnerable embedded systems and devices. The company serves customers across critical infrastructure, IIoT, automotive, medical, and national security industries. RunSafe is led by CEO Joe Saunders and is based in McLean, Virginia, with an additional office in Huntsville, Alabama. In May 2018 the company raised $2.4M in seed funding. It intends to use the proceeds to expand operations and broaden its business reach. The core product focuses on hardening embedded systems and devices that are commonly targeted in critical sectors.
- Twinzo
Led · Equity · Dec 2023
Twinzo builds 3D digital twins of factories, buildings, offices and entire cities, combining virtual simulation, machine learning, IoT and large data models in a single application. The platform provides real-time remote monitoring via mobile phones and an intuitive 3D interface with localization, indoor/outdoor tracking and deep data analysis to inform decisions and improve planning. Customers use it to optimize material and asset utilization, speed decision-making (the company cites up to 35% faster decisions) and reduce environmental impact. As of the article, Twinzo operates 95 virtual twins covering 270 million m², uses more than 12,000 locators and nearly 11,000 IoT sensors, and counts clients including Škoda Auto, Whirlpool, Benteler, Nemak and Mondelēz International. Three years after founding, the Slovak startup secured its first external investment of €2.3 million to help expand to other European markets and further develop the product. The company plans to scale its solution into larger corporate clients and leverage partnerships to accelerate market entry and product improvement.