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The Venture Codex

Explorer Investments

Largo Jean Monnet, nº 1 - 8º, Lisboa, 1269-068, Portugal

Overview

Independent management company specializing in alternative assets.

Founded

2003

Deals · 12mo

3

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Australia
Israel
Mexico
Portugal
...

Sector focus

Financial Services
Real Estate
Real Estate Investment
Venture Capital

Investment portfolio

11rounds
NAMEDATESIZE
Luca
Aug 2026Participated
$8 MSeries A
Neuraspace
Aug 2026Participated
$18 MSeries B
Spotlite
Dec 2025Led
$4 MSeed
Feedzai
Oct 2025Participated
$75 MOther Equity
Ethiack
Dec 2024Led
$5 MSeed
eSelf
Dec 2024Led
$5 MSeed
Jove
Dec 2024Led
$5 MSeed
Sensei
Oct 2024Participated
$17 MSeries A
UpHill
Mar 2024Led
$8 MSeries A
BHOUT
Nov 2023Led
$11 MSeed
Okra Solar
May 2022Led
$2 MOther Equity
Luca
Aug 2026Participated
$8 MSeries A
Neuraspace
Aug 2026Participated
$18 MSeries B
Spotlite
Dec 2025Led
$4 MSeed
Feedzai
Oct 2025Participated
$75 MOther Equity
Ethiack
Dec 2024Led
$5 MSeed
eSelf
Dec 2024Led
$5 MSeed
Jove
Dec 2024Led
$5 MSeed
Sensei
Oct 2024Participated
$17 MSeries A
UpHill
Mar 2024Led
$8 MSeries A
BHOUT
Nov 2023Led
$11 MSeed
Okra Solar
May 2022Led
$2 MOther Equity
11
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Insights

Time horizon

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Deal Distribution

Explorer Investments: 11 funding rounds are recorded in the selected participation categories.All available history.
Explorer Investments: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed50
Series A12
Series B01
Other Equity11

Monthly Deal Activity

Explorer Investments: 11 deals are recorded across 54 months.All available history.
Explorer Investments: 11 deals are recorded across 54 months. All available history
MonthDeals
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '243
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '251
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '262
Sep '260
Oct '260

Sector Breakdown

Explorer Investments: AI & Machine Learning is the largest displayed sector by deal count (5 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Explorer Investments: AI & Machine Learning is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
AI & Machine Learning5
Enterprise Software3
Fintech3
Health & Life Sciences3
Education & Workforce2
Cybersecurity & Privacy2
Real Estate & Construction2
Data, Analytics & IT2
Networks, Cloud & Communication2
E-Commerce & Retail1
Clean Energy & Sustainability1
Space & Frontier Tech1
Consumer & Lifestyle1
Hardware & Robotics1
Gaming & eSports1

Deal Size Distribution

Explorer Investments: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Explorer Investments: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M2
$10M-$25M3
$25M-$50M0
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Explorer Investments: Europe has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Explorer Investments: Europe has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
Europe8
Australia1
Mexico1
Israel1
Explorer Investments: 20 co-investors are shown, with Lince Capital sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Explorer Investments: 20 co-investors are shown, with Lince Capital sharing 4 recorded deals. All available history
Co-investorShared deals
Lince Capital4
BiG Start Ventures2
6 Degrees Capital1
Amena Ventures1
Aralab1
Armilar Venture Partners1
Autodesk Foundation1
BlueCrow Capital1
Brighteye Ventures1
Buenavista Equity Partners1
Caixa Capital1
Core Angels1
Didendum1
Exceptional Ventures1
Heartcore Capital1
Iberis Capital1
Indico Capital Partners1
Kamay Ventures1
Love Ventures1
Luz Saude1

Investment Strategy

Explorer Investments: Led accounts for 64% and participating for 36% of round participation.All available history.
Explorer Investments: Led accounts for 64% and participating for 36% of round participation. All available history
CategoryDeals (count)Share (%)
Led764%
Participating436%
Explorer Investments: Single-lead accounts for 43% and co-led for 57% of lead dynamics.All available history.
Explorer Investments: Single-lead accounts for 43% and co-led for 57% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead343%
Co-led457%

Team

Ana Leite

Partner

Elizabeth Rothfield

Founding Partner

Helder Duarte Costa Costa

CFO Investments Funds

Joao Lopes Raimundo

Investment Professional

Joao Pedro Martins

Investment Professional

João Pessanha

Investment Professional

Patrícia Lourenço

Investment Professional

Pedro Correia de Barros
Pedro Lemos

Private Equity Analyst

Pedro Seabra

Partner