Skip to main content
All Posts By

admin

By EXITS

CB4 has been acquired by GAP Inc.

October 2021 EXITS CB4 has been acquired by GAP Inc. Gap Inc. has acquired the New York and Tel Aviv based start-up Context-Based 4 Casting Ltd. (CB4) that uses cutting-edge AI and machine learning tools to transform retail operations, increase sales and improve the customer experience through predictive analytics and demand sensing. “We believe artificial intelligence and machine learning will shape the future of our industry. Gap Inc. has experience working with CB4’s world-class data scientists, so we understand the impact and the wide applications their science can have across sales, inventory and consumer insights, as well as its potential to unlock value and enhance the customer experience,” said Sally Gilligan, Chief Growth Transformation Officer Chief, and head of the Strategic Growth Office at Gap Inc. The deal was brokered by Gap Inc.’s Strategic Growth Office, a unit of the company that seeks out opportunities to fuel growth and accelerate...
Read More
By CYBERSECURITY

Jscrambler raises $15 million in Series A funding

September 2021 CYBERSECURITY Jscrambler raises $15 million in Series A funding Jscrambler raises $15 million in Series A funding to rewrite the rules of website security A round led by Ace Capital Partners and backed by existing investors Sonae IM and Portugal Ventures Integrated solution to tackle growing web supply chain attacks Trusted by Fortune 500 enterprises and SMEs Pedro Abreu announced as an independent board member Jscrambler, a technology company specializing in cybersecurity products for web and mobile applications, announced today it has raised $15 million in Series A financing to rewrite the rules of website security. The round was led by Ace Capital Partners, with the participation of existing investors including Portugal Ventures. With previous investor Sonae IM and now Ace Capital Partners, Jscrambler is supported by two of the largest cybersecurity-focused growth investors in Europe. The funding will be used to augment marketing and sales resources in...
Read More
By RETAIL TECHNOLOGIES

Inovretail appoints new CEO

September 2021 RETAIL TECHNOLOGIES Inovretail appoints new CEO The retail technology specialist, invested by Sonae IM, chooses Norwegian Trond Kongrød to lead its next phase of growth Inovretail has appointed Trond Kongrød as new CEO. Trond brings more than 25 years of leadership experience at retailers and technology companies and will be focusing on accelerating the company’s internationalization. Inovretail is part of the portfolio of Sonae IM, the investment arm of Sonae and a leading retail tech investor. The company’s software is used by retailers like Levi’s or Adidas to bring omnichannel and digital capabilities to the stores. With a comprehensive and in-depth knowledge of the sector specifics across Europe, Trond Kongrød joins Inovretail after six years as the SVP EMEA of StrongPoint, a company focused on e-commerce logistics, payment and shrinkage solutions for retailers. In addition to the SVP position, Trond Kongrød was responsible during the last 4 years...
Read More
By EMERGING TECH

Bright Pixel, promoted by Sonae IM, joined Reckon.ai’s Seed Round Funding

September 2021 EMERGING TECH Bright Pixel, promoted by Sonae IM, joined Reckon.ai's Seed Round Funding Portuguese Reckon raises 1.5M€ to democratize autonomous stores in Europe and Middle East The solution will use 5G to improve efficiency and flexibility and lower latency for faster and more agile processes. Autonomous stores are not a distant reality anymore and Reckon wants to become the leading supplier of European retailers. The Porto-based retail tech startup raised a €1.5m seed round led by Armilar Venture Partners and Portugal Ventures. Armilar is investing through its NOS 5G Fund, which was set to support startups in adopting the fifth generation of mobile communications, and launched by NOS, the largest telco company in the country. Existing investor Bright Pixel and new investors Wisenext and Dominique Locher (Business Angel from Switzerland) also participated in the round. With the new funding, Reckon is looking to establish a strong presence in...
Read More
By EMERGING TECH

Sonae IM’s Bright Pixel took part in a 2 million euro Funding Round raised by TAIKAI

September 2021 EMERGING TECH Sonae IM’s Bright Pixel took part in a 2 million euro Funding Round raised by TAIKAI The Portuguese blockchain-based open innovation platform TAIKAI raised €2m in a funding round led by FinLab EOS VC Fund. Existing investor Bright Pixel and new investor Portugal Ventures also participated in the round. The investment is a strategic move for the German VC Fund managed by C3 Management GmbH, since TAIKAI uses EOSIO, the leading open-source software originated by Block.one. The new funding will fuel international expansion in Europe and Brazil and the development of hiring solutions for companies and startups. The Portugal-based startup caught the C3 Management attention due to the use of their technology, but also to their potential of disrupting the hiring processes across the world. Founded in 2018, TAIKAI started as an open innovation platform, helping Portuguese companies reach new solutions and products through challenges to...
Read More
By EXITS

Claranet Portugal acquires Bizdirect and becomes Portugal’s largest IT supplier

July 2021 EXITS Claranet Portugal acquires Bizdirect and becomes Portugal's largest IT supplier The deal involves 100% of Bizdirect’s capital and gives continuity to Claranet’s growth strategy in Portugal. The development of the Bizdirect Competence Center in Viseu and the Microsoft Dynamics services area are two of Claranet’s priorities. Claranet Portugal, the largest information technology provider in Portugal, specialising in Cloud, Security and Workplace solutions, has just completed the process of acquiring Bizdirect, based on an agreement concluded with Sonae IM, Aitec and Banco BPI - previous shareholders of the company - for the acquisition of 100% of the share capital of Digitmarket, S.A., better known as Bizdirect. The deal is part of Claranet’s growth strategy in the Portuguese market, which involves the acquisition of relevant companies to enrich the portfolio of services provided, as well as organic growth based on the offer of technological solutions with high added value....
Read More
By DIGITAL INFRASTRUCTURE

Aryaka Acquires Cloud-Based SASE Platform Secucloud GmbH

May 2021 DIGITAL INFRASTRUCTURE Aryaka Acquires Cloud-Based SASE Platform Secucloud GmbH Aryaka®, the leader in fully managed Cloud-First WAN and SASE solutions, announced today that it has acquired Secucloud GmbH, a proven SASE platform provider, delivering network security from the cloud. The deal closed in late April 2021, and Secucloud is now a wholly-owned subsidiary of Aryaka. Based in Hamburg, Germany, Secucloud GmbH offers an innovative platform designed to provide an all-in-one, global, cloud-based firewall-as-a-service, secure web gateway with advanced threat protection capabilities. The platform is engineered to connect all edges including WAN, Cloud, Mobile and IoT securely together. SASE is Paramount in a Cloud-First World The COVID Pandemic has accelerated the adoption of “Cloud-First” architectures. The consumption of network and network security “as-a-service” has driven the need for increased convergence and led to changes in buying behaviors and architectural shifts. Gartner calls this architecture Secure Access Service Edge (SASE),...
Read More
By DIGITAL INFRASTRUCTURE

Container Management Solution Provider Portainer.io Raises $6M Series A Round from Bessemer Venture Partners, Sonae IM, and Movac to Accelerate Global Expansion

May 2021 DIGITAL INFRASTRUCTURE Container Management Solution Provider Portainer.io Raises $6M Series A Round from Bessemer Venture Partners, Sonae IM, and Movac to Accelerate Global Expansion Portainer’s universal tool unleashes the power of containerized applications for everyone. Portainer.io, creator of a universal container management tool that makes containers simple and accessible to anyone, announced today their $6 million Series A round led by Bessemer Venture Partners, joined by prominent European investor Sonae Investment Management and leading New Zealand technology investor Movac. The round, which follows close on the heels of Portainer’s $1.2 million seed round announced in August 2020, will fund Portainer.io’s worldwide user expansion and product development, as Portainer.io charts the course for the future of container management. Portainer.io will also continue to scale and develop its enterprise offering, Portainer Business, which launched in December 2020. Launched in 2017 as an open source tool for managing containers in the...
Read More
By RETAIL TECHNOLOGIES

Sellforte raises €4M funding to bring science to marketing

March 2021 RETAIL TECHNOLOGIES Sellforte raises €4M funding to bring science to marketing After growing threefold in the past 12 months, funding from Sonae IM, Bonnier Ventures, and Icebreaker.vc will further accelerate Sellforte’s expansion in Europe Sellforte, an AI-powered marketing optimization platform, has raised €4M in funding led by Sonae IM, with Bonnier Ventures and Icebreaker.vc also participating in the round. The company will use the capital to hire new talent to scale R&D on its product offering and further expand its operations internationally. The complexity of marketing measurement has increased over the years, as there are numerous factors like fragmented media, promotions, pricing, and assortment changes that affect a company’s sales and profitability. But as the recent Gartner Marketing Data and Analytics survey points out, analytics influences only 54% of marketing decisions. Amongst the top reasons marketers have not been able to utilize analytics in decision making are bad...
Read More
By SEED & EARLY STAGE

Automaise raises €1M for international expansion

February 2021 SEED & EARLY STAGE Automaise raises €1M for international expansion Automaise, a low-code and cloud-based platform which allows for the automation of business processes through artificial intelligence (AI), has closed a Seed round of 1 million euro, led by HCapital and with the participation of its current investors, Bright Pixel and Armilar Venture Partners. After validating and deploying the technology in several large customers, the main goal of the company, founded by Ernesto Pedrosa and Carlos Oliveira, is to expand and grow in the European and North American markets. Focused on implementing a growth go-to-market strategy, Automaise is expanding the marketing and sales teams. Currently, several positions are already open. This is the second round raised by the Portuguese startup in less than two years. Ernesto Pedrosa, CEO and co-founder, highlights the relevance of the next phase. “This round is important for us to implement our growth strategy,...
Read More