With the second closing, last December, of the GED Tech Seed fund (managed by the Portuguese fund manager GED Ventures Portugal), GED's Venture Capital division reached 122 million euros under management. In just three months, it has closed six transactions with its two funds, GED Conexo Ventures and GED Tech Seed.
On the one hand, GED Conexo Ventures has just invested in Enthec, which is dedicated to monitoring corporate content filtered in the open, deep and dark Internet in a 100% automated way, and in January it invested 1.5 million in Payflow, a platform that enables the employees of any client company to obtain, automatically and without interest, an advance of up to 30% of their monthly salary, which is an important social benefit provided by the companies.
Also from the Portuguese fund manager, the ‘GED Tech Seed’ fund added four operations in Portuguese start-ups with an average investment of 1.5 million euros in each of them: DeepNeuronic, which has innovative solutions for automating the detection, in real time, of abnormal and threatening activities through CCTV cameras, to help in the field of video surveillance, through Artificial Intelligence, increasing protection and public safety; Nu-Rise, dedicated to finding innovative solutions that increase efficiency in radiotherapy treatment of cancer; C02Offset, which acts in the field of fighting climate change, with the development of an innovative technology that can calculate, with a high degree of accuracy, the amount of carbon dioxide sequestered in a given forest area, leading to the tokenization of carbon credits that can be traded; Assetflow, a start-up focused on retail tech that has developed a set of algorithms and AI technology that can map and predict consumer behaviour in a store without the need for the use of cameras or sensors.
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Bianna, a leading multinational in engineering, design, manufacturing,...
