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September 2022

Codacy raises $15 million in Series B funding led by Bright Pixel Capital

Codacy has raised over $28m to date and already counts a base of more than 870 customers, including Panasonic, Delivery Hero, Harvey Nichols and Delhivery


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

September 2021 EMERGING TECH Bright Pixel, promoted by Sonae IM, joined'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...
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