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By SONAE

Can you dodge bullets?

December 2016 SONAE Can you dodge bullets? Great poker players are usually focused on a specific game format – the one they are best at playing and making money – while strictly managing their finances to decide at which level they will be playing, according to their total bankroll. In the investment world, the story isn’t much different. The game format working as a metaphor for asset class, sector or geography and bankroll for determining the stage one will be entering. One of the key rules to become a great investor is to have a solid philosophy and enough discipline to stick to it. They work as a cornerstone to which investors make investment decisions. In its definition, investors project their beliefs about how markets work and how individuals who constitute it behave. These beliefs can save from situations such as this one. On the other hand, an investment strategy...
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By SONAE

Sonae IM invests in Portfolio Expansion

December 2016 SONAE Sonae IM invests in Portfolio Expansion Sonaecom, SGPS, S.A. (“Sonaecom”) announces that, on this date, its affiliate Sonae Investment Management – Software and Technology, SGPS, S.A. (“Sonae IM”), has reached an agreement with NOVO BANCO, S.A., and its subsidiary ES TECH VENTURES, SGPS, S.A., to be the leading investor in a transaction involving the acquisition of the participation units in 3 venture capital funds from Novo Banco: Fundo de Capital de Risco Espírito Santo Ventures Inovação e Internacionalização (ESV I + I); FCR - Espírito Santo Ventures II (ESV II) and Fundo de Capital de Risco Espírito Santo Ventures III (ESV III). The completion of this agreement is conditional, inter alia, upon the necessary legal and/or regulatory approvals, namely from the Banco de Portugal. With this transaction Sonae IM will reinforce its portfolio namely through sizeable stakes in leading edge companies such as Outsystems and Feedzai, both...
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By SONAE

Google Fund invests 1.6 million euros in Portugal

November 2016 SONAE Google Fund invests 1.6 million euros in Portugal Google invests again in a second support round through the Innovation Fund “Digital News Initiative”. With the DNI, Google had pledged itself to spend 50 million euros a year, during three years, in the modernization of the European media — empowering them in the areas of new products, investigation and formation. In the first round there had been attributed a financing of 27 million euros, summed with the announced values in the second round (24 million euros available for 124 projects of social communication, in all Europe), the DNI fund already distributed 51 million euros in which the considered criteria to select the winners were on impact, innovation and viability. In Portugal, were attributed 1.58 million euros to six Portuguese projects of digital journalism, among which the Plataforma de Meios Privados (900 thousand euros), an association of private media...
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By SONAE

Was it as good for you as it was for me?

November 2016 SONAE Was it as good for you as it was for me? “Sábado” evaluated the real impact of the Web Summit and, to that end, it spoke with some of the companies that attended the summit, namely us as Sonae IM. Between pitches, visit cards, new connections and meetings, the event was a great success, and the recipe was simple: joining entrepreneurs and investors in a big bowl (Meo arena and FIL). This was a tremendous opportunity for the Portuguese entrepreneurial environment, and many Portuguese startups and investors acquired a special relevance and acknowledgment from big companies and other players in the overseas. For us as Sonae IM the opportunity to be in contact with all these tech companies and startups (1.490+) made us one step closer to our objective as Alexandre Santos says in an interview to “Sábado”: “Alexandre Teixeira dos Santos, Director of Portfolio Development at...
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By RETAIL TECHNOLOGIES

Sonae IM invests in StyleSage’s Series Seed $ 2 Million USD Round

October 2016 RETAIL TECHNOLOGIES Sonae IM invests in StyleSage’s Series Seed $ 2 Million USD Round Sonae IM, Sonae’s Corporate VC, invested in StyleSage, an US-based machine learning and image recognition company that delivers data-driven insights to retailers and brands to help them get ahead of competitors. Sonae IM participated in the $2 Million USD Series Seed investment round, led by US investor Trammell Venture Partners, an existing StyleSage investor, joined by other existing investors. StyleSage is a predictive analytics and real-time sales optimization platform that enables brands to price, design, and buy new products in the fashion, home and beauty sector. Every day, StyleSage pulls product data from competitors’ ecommerce websites from around the world. Then, with groundbreaking technology in machine learning and visual recognition, StyleSage cleans, organizes, and analyzes the massive amounts of collected data into a cloud-based dashboard that empowers brands and retailers to make informed, data-driven...
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By SONAE

Pixels Camp is not over! It has just begun!

October 2016 SONAE Pixels Camp is not over! It has just begun! The first edition of Pixels Camp ended with a blast this Saturday (8th of October) - more than 50 projects were on stage showing their worth and 10 were awarded prizes by the juri… and this is just the beginning… Pixels Camp is here to stay! We were proud to be a part of the event, namely by having the opportunity of sharing our CEO’s views on the Portuguese Tech Scene in the opening keynote of this first edition of Pixels Camp. It goes without saying that we, at Sonae IM, believe that this event is key to foster a deep link with talent in the tech world. Therefore, we want Pixels Camp to grow next year and reach even more people! To become more international and a reference in Europe. We will be working with Bright Pixel...
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By SONAE

Pixels Camp is coming!

October 2016 SONAE Pixels Camp is coming! A 3 DAYS OF NON-STOP TECH, TALKS, WORKSHOPS AND A 48 HOUR PROGRAMMING COMPETITION! We are all excited and set to be a part of this great event! Check out the agenda! Check out the Press Release!
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By SONAE

The value added of a crystal ball

October 2016 SONAE The value added of a crystal ball Do you know what we did this summer? When everybody was already packing to go on vacations, we managed to close our 4th investment this year in InovRetail, a retail technology company. InovRetail is based in Porto and was founded by a team of IT consultants for retail that added another bunch of experts in areas like software development and data science. The end result? Well, you have a complete set of data-driven solutions focused on improving the customer experience and operations in-store. They leveraged on their retail expertise to collect and analyse store data that could improve revenues and optimize operations. By data I mean anything that can be measured: sales, stocks, store temperature, products displayed, even music loudness and store humidity. From this, they were able to bootstrap and launch another range of complementary products. The most relevant...
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By SONAE

Several key moments in 16 years of history

September 2016 SONAE Several key moments in 16 years of history In 2000, Saphety was totally different from what it is today. During this period, there were mergers, acquisitions, the creation of new business units and respective product development. Also, some segments were discontinued as its interest decreased – in the light of company’s strategic focus – and the company began its internationalization. Over time, Saphety had several key moments that determined its course, especially in the last six years. The acquisition of Softlimits “electronic markets” business area in 2010 was the turning point, which completely transformed Saphety’s strategy. The company then decided to clearly focus on Electronic Document Exchange and Electronic Invoicing, by replacing the already implemented base by the new product. This was a project estimated for six months that ended up being completed pursuant to customer’s needs. Rui Fontoura, Saphety’s CEO, says it was a bold decision...
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By RETAIL TECHNOLOGIES

Sonae IM invests in InovRetail

July 2016 RETAIL TECHNOLOGIES Sonae IM invests in InovRetail Sonae IM, Sonae’s Corporate Venture Capital, has just announced the investment in InovRetail, becoming a reference shareholder in the technology startup. InovRetail’s core business is focused on advanced analytics tools, aiming to assist retailers in improving their performance, by making more informed decisions. Sonae IM will play a decisive role in supporting InovRetail to become a global data analytics reference for retailers. InovRetail’s solutions allow retailers to adjust their offer and increase sales by processing their data, as well as in making highly reliable predictions. Moreover, these tools will create opportunities for retailers to improve their customers’ in-store experience. Over 500 reference retailers’ stores have implemented InovRetail solutions, in diverse segments such as sports, consumer electronics, fashion, food, among others. Sonae IM believes that InovRetail’s distinctive and innovative positioning, together with the quality of the management team, is key in turning...
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