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The Venture Codex

Lince Capital

Av. Eng.º Duarte Pacheco, Torre 2, Piso 17, Lisboa, 1070-102, Portugal

Overview

Lince Capital is an independent venture capital company. Lince Capital was born from the experience of a family group with over 30 years of experience in managing investment funds in various business areas, including real estate, infrastructure, agriculture, and telecommunications. Lince Capital is distinguished by its personalized and excellent support, close and direct relationship with each of its investors and business partners, and the dedication of an experienced and dynamic team.

Total investments
24
Lead investments
11
Investments · 12mo
5
Active investors
2
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Investment portfolio

  • Neuraspace

    Participated · Series B · Aug 2026

    Founded in 2020 by Chiara Manfletti in Portugal, Neuraspace builds an AI-enabled platform that combines data from commercial and sovereign sensors with high-precision orbit determination, AI-enabled risk and threat assessment, and autonomous decision support. The platform is designed to detect, assess and respond to collision risks, cyber threats, GNSS spoofing and jamming, radio-frequency interference and other emerging space security challenges. Neuraspace serves commercial, institutional and defence satellite operators and has expanded its mission to address both accidental and intentional threats as the line between safety and security narrows. The company is investing in proprietary optical sensing infrastructure and a dual-use product, NeuraspaceDEF, for government and defence customers. Its recent €15.6M financing will accelerate development of its AI platform, autonomous mission operations and expansion of its sensing and operational capabilities.

  • BIZAY

    Participated · Series D · Jul 2026

    Founded in 2014 and headquartered in Lisbon, BIZAY operates a digital platform that offers a broad catalogue of customised products—marketing materials, packaging, promotional items and business essentials—to small and medium-sized businesses in over 50 countries. The platform combines technology and AI with a network of production partners to support the end-to-end process from product customisation and ordering to production, fulfilment and customer service. BIZAY is expanding its AI capabilities to automate catalogue management, manufacturing operations and customer support. The company plans to use its new funding to accelerate US expansion and pursue acquisitions in the fragmented customised products market. Management projects that 2026 will be its first profitable year, with annual revenue expected to exceed $100 million.

  • Zen8

    Led · 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.

  • 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.

  • Nutrium

    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.

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