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,...
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