We are a venture capital firm and fund manager where purpose, strategy and technology are perfectly aligned. Driven by agility and execution, we actively support our community, foster collaboration, and build trusted relationships with our partners and investors.
Partners
We invest in promising startups that are changing the game with their cutting-edge tech. Our goal is to help these companies grow and succeed, and bring a great return to our investors. We're always looking for the next big thing in software, hardware, and emerging technologies while making a positive global impact through strategic impact investments.
Angels Way
Angels Way is a community-driven investment fund from Portugal that focuses on supporting early-stage startups, particularly those in the pre-seed phase. Its aim is to democratize investment in the Portuguese entrepreneurial ecosystem by allowing individuals from various professional backgrounds to become active investors. The fund encourages collective decision-making and involvement, and emphasizes the role of community, offering an inclusive model for anyone interested in startups.
Terralis Fund
Terralis Fund is a specialized planet·tech fund concentrated on investing in innovative early-stage businesses within the environmental technology sector. The fund is committed to backing projects with significant growth opportunities in the planet·tech field, with the goal of fostering positive change and progress in environmental preservation and sustainability endeavors, while driving great financial return potential.
M4 Ventures
M4 Ventures is a seed fund focused on investing in Portuguese technology startups with strong R&D capabilities and strong development roadmaps, while supporting their international expansion—especially into Brazil. The fund is industry-agnostic, yet places a strong emphasis on software and technologies capable of seamless global scalability.
M4 Ventures fund is managed by C2 Capital SCR, while OW Ventures has a leading role representing the main LPs of the fund.
Our track record speaks for itself: with over €20M invested in 70+ companies and 20 years of experience, our highly skilled management team delivers consistent, reliable results that drive growth and innovation.
+70
companies
Invested across Portugal
and Brazil
50+
professionals
In dedicated teams
20 years
Experience in venture
capital investment
€20M+
Deployed in previous
investments
Consolidated Overview from OW Ventures (including M4 Ventures and Olisipo Way)
OW Ventures is powered by a diverse, multidisciplinary team with a wealth of experience and expertise across various industries. This unique blend of backgrounds enables us to approach challenges from multiple perspectives, driving smarter investments and stronger outcomes.
Luis Gutman
Managing partner
Tocha
Partner
José Serra
Partner
Manuel Rodrigues
Legal
Bruno Reis
Compliance
Carla Almeida
Finance
Fernanda Carneiro
Compliance
Gonçalo Nunes
Investments/VC
Pedro Telhado
Investments/VC
João Redol
Tech
Specialized team
Constantly seeks to combine creativity with advanced technical expertise to develop solutions for complex challenges.
Technology and Innovation driven
We strive for operational efficiency and agility by integrating technology into our daily operations.
We are more than just a fund firm with a portfolio of companies, we believe that startups are the core of our vibrant community where collaboration and mutual support are at the heart of success. Together, we navigate challenges, share knowledge, and foster growth, ensuring that no venture thrives alone.
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SheerMe is a Portuguese online platform that allows users to discover, book, and pay for wellness, beauty, and fitness services. It offers a variety of features such as 24/7 bookings, payment with cashback rewards, and the ability to find discounts on services like massages, spa treatments, and barber services. It simplifies the self-care process by letting customers manage everything in one place through its app. Additionally, SheerMe provides a marketplace for professionals in the wellness industry to promote their services.
Modatta is a platform that allows users to monetize their personal data by providing consent for brands to access it. Unlike traditional advertising platforms that harvest data without user control, Modatta empowers users by enabling them to decide whether or not to share their information. In return, they receive compensation from the companies that benefit from their data. This model creates a more transparent and ethical way for brands to engage with consumers, while complying with data protection regulations like the GDPR.
Nutrium is a Portuguese digital health startup focused on improving global nutrition. It offers two key services: a software platform (SaaS) for nutritionists to manage patient care and nutrition plans, and Nutrium Care, a wellness service aimed at improving employees' health in companies. Launched in 2015, it supports over 80,000 professionals across 40 countries and aims to address global dietary issues through continuous nutritional monitoring and counseling.
Visor.ai is a Portuguese startup that specializes in AI-driven customer service automation. Founded in 2016, it helps businesses, particularly in the banking and insurance sectors, automate interactions with customers through various channels like chat, email, and voice. The company uses AI, natural language processing (NLP), and machine learning to power conversational platforms, reducing manual workloads and improving efficiency.
MyCareforce is a Portuguese healthtech startup that operates a platform connecting nurses and healthcare professionals with available shifts in hospitals, clinics, and other care institutions. Founded in 2021, it aims to make the hiring process for healthcare workers more flexible by allowing institutions to quickly fill short-term positions, while giving nurses more control over their work schedules. MyCareforce has expanded its operations to Brazil.
Paynest is a Portuguese fintech company that offers a platform designed to enhance the financial well-being of employees. The company provides services such as salary advances, expense management, bonuses on demand, and financial literacy tools, allowing employees flexible access to their earnings. Paynest’s goal is to reduce employees' financial stress, thereby improving productivity and engagement at work. Paynest also offers personalized financial coaching and integrates easily with companies' existing systems. Their solutions are used by businesses to attract and retain talent while supporting the financial health of their workforce.
