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The Venture Codex

Iberis Capital

Av. Eng. Duarte Pacheco, 26, 7 andar, Lisbon, Lisboa, 1070-110, Portugal

Overview

Iberis is an investment manager that operates a value-oriented investment management.

Total investments
25
Lead investments
13
Investments · 12mo
2
Active investors
1
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Investment portfolio

  • Feedzai

    Participated · Equity · Oct 2025

    Feedzai delivers an end-to-end financial crime prevention platform that replaces the patchwork of point solutions typically used by banks with a single, AI-driven suite. Its multi-product offering spans bank account openings, credit-card and payment transaction monitoring, anti-money-laundering controls, and more. Recent additions such as Feedzai Orchestration and Feedzai IQ arm risk teams with faster, more precise decisioning capabilities, while the TRUST Framework embeds responsible AI principles throughout the stack. The company currently safeguards more than $70 billion in annualized payment volume, has prevented over $2 billion in fraud losses, and saved 20 million analyst hours to date. Feedzai’s platform is increasingly becoming core infrastructure as financial institutions migrate from legacy tools to AI-native systems. With fresh capital and a valuation exceeding $2 billion, management plans to intensify product innovation so every present and future payment method can be adopted safely.

  • Musiversal

    Led · Series A · Sep 2025

    Musiversal operates a subscription platform that lets members browse a roster of more than 100 musicians, book online recording sessions, and immediately download stems. Members pay $249 per month for access to the service and the company reports more than 1,000 members and about 100,000 sessions a year. The startup positions an all-you-can-record subscription model as a key differentiator versus rivals that charge collaborators a la carte. Musiversal plans to use its new funding to continue building its platform, including adding production, co-writing, and marketing options for members. The company emphasizes that the subscription removes financial pressure, allowing users to experiment and iterate freely. Musiversal is headquartered in Portugal. Musiversal is a music-production platform that lets musicians and studio producers streamline the production process, covering mixing, mastering, engineers, beatmakers and singers. Through a monthly subscription it enables musicians, producers and sound engineers to participate in recording sessions directly from home. The platform reached the milestone of 3,000 recording sessions per month in 2021. Musiversal intends to use the new funds to accelerate growth of its music production-as-a-service offering and to quadruple its user base. The recent seed round plus public support have brought total funding to €2.51M to date. The company was created in September 2020 by CEO André Miranda and is based in Lisbon, Portugal.

  • bolttech

    Participated · Series C · Jun 2025

    Bolttech provides embedded insurance solutions that integrate protection products into the customer purchase experience via a B2B2C model. The company acts as connective tissue between insurers, distribution partners and end customers, enabling insurance to be surfaced at the point of sale. It says it connects about 700 distribution partners with more than 230 insurers and covers over 6,500 products worldwide. Bolttech reports total annualized premiums of approximately $60 billion as of April, up from around $55 billion in May 2023. The startup plans to use new funding to boost R&D and improve its insurance technology, with particular focus on data analytics and AI. It also intends to expand further into Africa and North America and has struck a joint venture with Sumitomo to offer embedded insurance and end-to-end services in Asia. bolttech is a Singapore-based insurtech that builds a technology-enabled ecosystem for protection and insurance, with a particular focus on emerging consumers. The company serves customers in 30+ markets across North America, Asia and Europe. Led by Group Chief Executive Officer Rob Schimek, bolttech aims to expand its platform and ecosystem through technology. It received a $50M investment from LeapFrog Investments as an extension of its Series B, bringing the round to a total of US$246M. Proceeds will be used to support a global growth strategy focused on emerging markets and to expand its technology-enabled protection and insurance offerings. As part of the deal, bolttech will appoint Fernanda Lima of LeapFrog to its board as a Non-Executive Director. Bolttech offers embedded insurance via a B2B2C platform that connects more than 700 distribution partners with 230 insurance providers to offer roughly 6,000 products, including device protection as a flagship product. Its customers include Liberty Mutual, PayMaya, Progressive, Lazada, Samsung and Home Credit, and it holds licenses across Asia, Europe and all 50 U.S. states. The company quotes about $55 billion of annualized premiums and employs around 1,500 team members globally. Bolttech sells both white‑labeled and co‑branded protection products and enables insurance marketplaces inside partner apps such as JKOPay and Maya. The company intends to use recent funding to invest in proprietary technology and to pioneer AI/ML across the insurance and protection value chain, including computer vision, generative AI/NLP, advanced analytics and robotic automation. It also plans enhancements to its distribution technology, purchasing experiences, quoting engines, claims automation, fraud detection and inventory management. bolttech is a Singapore-based insurtech that provides a suite of digital and data-driven capabilities to connect insurers, distributors, and customers. Led by CEO Rob Schimek, the company aims to make it easier and more efficient to buy and sell insurance and protection products. bolttech has built a global footprint serving more than 7.7 million customers in 26 markets across North America, Asia, and Europe. The company completed a Series A round initially announced at US$180M and raised an additional US$30M as an extension, bringing the Series A total to US$210M. New strategic investors include Singapore-based EDBI and Mundi Ventures’ Alma Mundi Insurtech Fund alongside lead investor Activant Capital Group. The additional capital will be used to enhance technology and digital capabilities and to strengthen bolttech's presence in Southeast Asia, Europe, and its other existing markets. Led by CEO Rob Schimek, bolttech provides a full suite of digital and data-driven capabilities to power connections between insurers, distributors and customers. The company operates an insurance exchange that transacts US$5 billion in premiums and offers a gateway to more than 5,000 products and 150 insurance providers. bolttech has built a global presence serving more than 7.7 million customers across 14 markets in North America, Asia and Europe, and holds licenses in all 50 U.S. states and key markets in Asia and Europe. The company says it will use new funding to accelerate its growth strategy and solidify its market position. Its leadership and board include Peter Hancock, Robert Kyncl and Malcolm Turnbull.

  • TEKEVER

    Participated · Equity · May 2025

    Tekever builds AI-enabled, full‑stack unmanned aerial systems including the AR3 and AR5 drones and integrates avionics, propulsion, sensors, software and autonomy. The company has extensive operational experience in Ukraine, with its AR3 logging over 10,000 operational flight hours and its systems implicated in destroying more than £3B in Russian assets. Tekever has iterated its platforms through over 100 field updates across materials, propulsion, communications, sensors and AI based on frontline feedback. It plans to scale UK manufacturing, expand testing facilities, and establish Centres of Excellence for Autonomy to unite academia, startups and defence partners. The firm aims to create more than 1,000 skilled UK jobs and to anchor a European alternative to traditional defence primes through the OVERMATCH programme. A recent funding round has pushed Tekever’s valuation past the £1B mark and will support rapid production, testing and deployment of its sovereign defence capabilities. Tekever is a dual-use drone company founded in Portugal that also operates in the U.K. and France, developing surveillance and command drone platforms. It controls all aspects of its products—airframe design and manufacturing, payloads, avionics, software, data and AI—allowing rapid adaptation to customer needs and changing battlefield requirements. Its largest platform, the ARX, can command multiple smaller drones for land, sea or battlefield surveillance, and its systems have been deployed in Ukraine, by the European Maritime Safety Agency, and the U.K. Home Office. The company says it will use the €70M funding to develop its product and expand into new markets, specifically the U.S. Tekever bootstrapped before raising a €20M Series A in 2022 from Ventura Capital and Iberis Capital. It is not disclosing a valuation for the latest round. Tekever develops drones with integrated AI, sensors and communications tailored to monitor and detect activity on bodies of water, and sells both hardware components and drone-based surveillance services branded Atlas. The company combines edge AI, satellite communications and cloud computing to deliver near‑real‑time intelligence and predictive analytics for customers. Its drones have wingspans from about two to eight meters and flight times up to 20 hours; Tekever most commonly operates its own fleet and offers intelligence‑as‑a‑service. Customers include government agencies such as the European Maritime Safety Agency and the U.K. Home Office, as well as private shipping firms and smaller nations. Tekever was founded in 2001 and is based in Lisbon, Portugal; it began commercial services in 2018 and has been profitable for some time. The company says it expects to grow at a 60% CAGR over the next three years and plans to use new funding to hire staff and further build out its technology, including work on submarine activity detection and oil‑spill classification.

  • Jscrambler

    Led · Equity · Feb 2025

    Jscrambler is a client-side protection and compliance platform that combines polymorphic JavaScript obfuscation with fine‑grained third‑party tag protection to safeguard front‑end code in real time. Its product suite includes Code Integrity (first‑party JavaScript obfuscation and runtime protection) and Webpage Integrity (third‑party tag risk mitigation and PCI DSS v4 compliance support). The company positions itself to prevent digital skimming attacks and protect customer cardholder data, targeting merchants, retailers, airlines, media outlets, financial services firms and other enterprises. Jscrambler emphasizes scalability and ease of implementation for development and digital teams, enabling continuous monitoring and threat prevention on web applications. The company will use new funding to accelerate customers’ PCI DSS v4 compliance efforts ahead of the March 31, 2025 deadline and to continue research and solution innovation. Jscrambler is headquartered in Porto, Portugal and serves a diverse set of enterprise customers, including Fortune 500 companies. Jscrambler develops client-side security products that harden web applications against code theft, application abuse, piracy and data leakage. Its Code Integrity tool uses polymorphic obfuscation, code locks and self-defending capabilities to scramble web source code and make it hard to reverse-engineer. The company’s Webpage Integrity module detects malicious client-side behavior and enables rules that block web supply-chain attacks and Magecart-style skimming. Jscrambler plans to add integrated capabilities that let website owners protect the client-side, secure user data and improve compliance with GDPR, CCPA and HIPAA. The startup said it will use its new funding to strengthen and accelerate its product roadmap to meet expanding customer requirements. Founded in 2014, Jscrambler currently has 40 employees. Jscrambler builds security products that protect web and mobile applications, with a flagship product that the company describes as the world leader in JavaScript Application Security, making applications self-defensive and resilient to tampering and reverse-engineering on the client side. The company is led by CEO and co-founder Rui Ribeiro. Jscrambler serves more than 30,000 companies and individuals across 150 countries. The U.S. represents around 50% of its revenue. Clients include Silicon Valley companies in streaming, e-commerce and video games, as well as Fortune 500 firms in banking and healthcare. The company intends to use the new funds to expand its business and develop its product portfolio.

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