Armilar

That’s a wrap on 2025! A year of strong momentum. From engaging with hundreds of founders to the first closing of Fund IV, new investments and team growth, all rooted in what has guided us for 25 years: partnering with great founders. Thank you to everyone who made it possible.

Pedro Castel-Branco joined the jury at HealthTech Investor Summit, evaluating scale-ups shaping the future of health. Congratulations to the winners: Mynutia, ATRO Medical, Angiolutions, PRECISIS, BIO INX and Noscendo. Thanks to the organizers and the founders who presented.

@feedzai @PromptlyHealth @neuraspace @swordhealth @EYnews 🔹 @novaphos signed an LOI with Canadian Phosphate Limited to explore new technology for sustainable phosphoric acid production in Canada. 🔹 @bdeo_app joined forces with carvaloo to transform damage management in commercial fleets through an integrated, AI-powered solution.

@feedzai @PromptlyHealth 🔹 @neuraspace was selected as one of the European Space Agency’s Rising Stars 2025, celebrating its breakthroughs in space domain awareness and strong commercial growth. 🔹 @swordhealth founder & CEO, Virgílio Bento, won the @EYnews Entrepreneur of the Year 2025.

✨ November brought strong momentum across the companies we back, by achieving industry recognition, forging strategic partnerships, and advancing innovation.

🚀 Next week, Armilar will be at the HealthTech Investor Summit in Utrecht. Pedro Castel-Branco will join the jury for the Scale-ups Pitch, reviewing some of Europe’s most promising healthtech innovations. 📅 8–10 December 📍 Utrecht, The Netherlands

🚀 Road to START Summit 2025 was a brilliant showcase of ambition, creativity and deep-tech innovation. Congratulations to Blood Flow and ZeroPact, and to all the founders who took the stage. Great to see Rodolfo Condessa, from the Armilar, contributing to the jury panel.

☕️ Kicking off #WebSummit week in Lisbon with our Armilar VC Breakfast, bringing together investors & friends from across Europe. 🎾 Later, we took networking courtside with a Padel Tournament hosted with @ByndVc & Morais Leitão. Thanks to everyone who joined us!

@CintooCloud @neuraspace @getcoverflex @Siftedeu @Reckonai ➡️ @MavenPet partnered with Purrmi to create a new ‘Pet Hub’ in Porto, fostering collaboration and innovation within the pet tech ecosystem. ➡️ @swordhealth has been named one of @TIME World's Top HealthTech Companies of 2025, earning an Outstanding score in performance.

@CintooCloud @neuraspace ➡️ @getcoverflex was featured in the @Siftedeu 250, recognising Europe’s fastest-growing startups and their impact on the future of flexible compensation. ➡️ @Reckonai appointed Rutger Planken as their new CEO, marking a new phase of international expansion.

✨ On October, the companies we back continue to push boundaries and drive innovation.

🗞️ We’re pleased to be featured in Tech.eu, following the announcement of the first closing of Armilar Fund IV, a €120M fund focused on investing in technology-driven companies across Iberia and Europe. 🔗 Read more here: tech.eu/2025/11/05/arm…

🚀A new chapter begins. We’re proud to announce the first closing of Armilar Fund IV, the largest VC fund ever raised in Portugal — a milestone for our firm and the Iberian tech ecosystem. Huge thanks to our investors & team for making it possible. 👇 shorturl.at/vKLy4

🌍 Berlin hosted Europe’s top university spin-offs & deep tech innovators at #StageTwo2025 Rodolfo Condessa joined the jury to assess startups shaping Europe’s tech future. Congratulations to Entangled, winner of the Armilar Accelerate Award, and to all participants.