Fundraising Fox

FX2 Group

Family office

Porto · Pre-Seed–Series C · 1 people tracked

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Investment thesis

FX2 Group is a sector- and stage-agnostic family office that deploys proprietary and partner capital from pre-seed through Series C. It backs founders, partners with established businesses, and connects markets that others overlook, operating across multiple countries from Porto to Islamabad, Lisbon, and Ho Chi Minh City. Beyond capital, the firm commits its network, experience, and time to each project. It also engages in strategic partnerships with companies and institutions and organizes co-investment opportunities, bringing together trusted investors to invest alongside it in curated deals.

Invests inSector AgnosticAsia-PacificEuropeGlobalPortugal

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series C
HQ
Porto, PT
Instruments
Equity
Tracked investments
42

Team · 1 people

from the firm's website

What they invest in

from 17 of 42 portfolio companies

AI & Machine Learning ×7Consumer ×4SaaS ×4Marketplaces ×3Direct to Consumer ×2E-commerce ×2Enterprise Software ×2Future of Work ×2

HQs:Portugal×7United States×1

Investments · 42 tracked

founders shown can be your intro path
2Ndwings2ndwings.comin

Second Wings is a consulting firm that helps businesses expand internationally by connecting them with local networks and providing market-entry and integration support.

Enterprise SoftwarePortugal, PT

PartnerFernando Fraga· solo GP

ADRITEMadritem.ptin

ADRITEM is a regional development association operating in the Terras de Santa Maria area of Portugal.

Circular EconomyImpact & Social Good

PartnerFernando Fraga· solo GP

Angels Wayangelsway.pt

Portugal's first community-managed VC fund regulated by CMVM, with 436 investors deploying €1M into 20 pre-seed tech startups.

PartnerFernando Fraga· solo GP

Associação de Amizade Portugal-Vietname

Non-profit association promoting cultural, commercial, and diplomatic ties between Portugal and Vietnam.

PartnerFernando Fraga· solo GP

BuildLink Platform

Real estate technology company combining digital infrastructure with construction project management (pipeline).

PartnerFernando Fraga· solo GP

ByTheLawbythelaw.comin

ByTheLaw is a legal AI platform for lawyers and legal teams, aimed at making legal knowledge structured and accessible and reducing time spent on administrative and repetitive tasks.

AI & Machine LearningLegalTechSaaS

André Dionísio(CEO & Co-founder)Totas Rodrigues(COO/CFO & Co-founder)João Cabral(CTO & Co-founder)Ana do Mar(CXO)Gonçalo Almeida(CPO)Dennis Monschauer(Fractional CMO)

PartnerFernando Fraga· solo GP

CapsulLink

B2B platform connecting nutraceutical product innovators with certified global manufacturing partners (pipeline).

PartnerFernando Fraga· solo GP

CarTrade

Circular economy automotive platform for repair, refurbishment, and export of accident-damaged vehicles (pipeline).

PartnerFernando Fraga· solo GP

CircuMed

Medical technology infrastructure company focused on digital health with circular economy principles (pipeline).

PartnerFernando Fraga· solo GP

Court Mastercourt-master.com

CourtMaster provides an integrated video recording, live streaming, and AI analytics system for padel clubs.

AI & Machine LearningHardwareSports Tech

PartnerFernando Fraga· solo GP

Curiouzcuriouz.com

Curiouz is an online store selling curated vintage furniture, lighting, and design objects, including rare and collectible pieces.

ConsumerE-commerceMarketplaces

PartnerFernando Fraga· solo GP

Dairy Tech Solutions

Agri-tech company using IoT sensors and AI analytics for Portuguese dairy farms (pipeline).

PartnerFernando Fraga· solo GP

DojoAIdojoai.comin𝕏

DOJO AI is an AI marketing system that continuously monitors channels (Google Ads, Meta, LinkedIn, GA4, websites) and builds a per-client knowledge graph, deploying specialized agents that analyze campaigns and execute marketing work autonomously.

AI & Machine LearningMarketing TechSaaS

PartnerFernando Fraga· solo GP

EastBridge Logistics

Logistics startup focused on transport services and cargo management with modern technology platforms (pipeline).

PartnerFernando Fraga· solo GP

Ensmileensmile.comin𝕏

Ensmile is an OEM manufacturer of invisible orthodontic aligners, offering end-to-end services from digital treatment planning to personalized packaging using AI-powered systems.

Advanced ManufacturingAI & Machine LearningMedical DevicesThe Woodlands, US

PartnerFernando Fraga· solo GP

Estela Technologiesestelatechnologies.com

Portuguese software development and AI solutions company delivering custom technology across sectors.

PartnerFernando Fraga· solo GP

Granter.aigranter.aiin

Granter is an AI platform that helps companies identify and apply for European government funding opportunities.

AI & Machine LearningEnterprise SoftwareGovTechSaaSLisbon, PT

PartnerFernando Fraga· solo GP

Hands Onhandson.pt

Hands On is a booking platform offering over 600 in-person experiences and classes—such as ceramics, cooking, surfing, photography, and music—taught by local instructors across Portugal.

ConsumerMarketplacesTravel & Hospitality

PartnerFernando Fraga· solo GP

Hospitallia

Hospitality technology marketplace connecting hotels, restaurants, and service providers using AI recommendations (pipeline).

PartnerFernando Fraga· solo GP

Iberipakiberipak.comin

Iberipak is a business association founded in 2025 that connects people, companies and markets between the Iberian Peninsula (Portugal, Spain, Andorra) and Pakistan through membership tiers offering networking events, business delegations, matchmaking and internationalization consultancy.

B2B Marketplaces

Gohar Rehman(Founder)

PartnerFernando Fraga· solo GP

JurisFlow

AI-powered legal technology platform for CPLP (Portuguese-speaking) markets automating document processing (pipeline).

PartnerFernando Fraga· solo GP

MANHA

Smart glasses brand with integrated Bluetooth speakers, AI voice assistant, and polarized UV protection.

PartnerFernando Fraga· solo GP

Medgicalmedgical.aiin

Medgical develops artificial intelligence tools to reduce the administrative and bureaucratic workload for physicians and healthcare providers.

AI & Machine LearningDigital HealthHealthtech

PartnerFernando Fraga· solo GP

Moinho do Zorrão

Historic 1514 water mill in Serra da Estrela transformed into boutique mountain retreat accommodation in Manteigas.

PartnerFernando Fraga· solo GP

Moinhodozorraomoinhodozorrao.pt

PartnerFernando Fraga· solo GP

Nixar

AI-powered influencer marketing platform matching brands with creators on a revenue-sharing model.

PartnerFernando Fraga· solo GP

Outonooutono.org

Outono is a community organization connecting Portuguese developers, entrepreneurs, and designers living and working abroad.

Future of WorkSocial

PartnerFernando Fraga· solo GP

Purrmipurrmi.com

Purrmi sells natural cat food made with meat and chemical-free ingredients, formulated per cat and delivered to the customer's home.

ConsumerDirect to ConsumerE-commerce

PartnerFernando Fraga· solo GP

RideFlow

Fleet management solution for transport and logistics operators with vehicle tracking and operational analytics (pipeline).

PartnerFernando Fraga· solo GP

Second Wings

International business consulting firm specializing in market entry and strategic expansion between Europe and emerging markets, with a focus on Portugal as an EU gateway.

PartnerFernando Fraga· solo GP

Simplicity Alignerssimplicityaligners.com

European invisible orthodontics company based in Barcelona producing 250,000 aligners per month; FDA, CE, and UKCA certified.

PartnerFernando Fraga· solo GP

SmartTimber

Timber and wood products company bringing smart manufacturing and sustainable forestry solutions to Portugal (pipeline).

PartnerFernando Fraga· solo GP

Synergy

Porto's leading business community and coworking space, combining workspace with events and entrepreneurship training via Egg Academy.

PartnerFernando Fraga· solo GP

Synergy Portosynergy-porto.comin𝕏

Synergy is a coworking space and small community hub in Porto offering coworking desks, video and podcast production studio, private meeting rooms, and business incubation services with mentorship support.

Future of WorkPorto, PT

InêsHélder

PartnerFernando Fraga· solo GP

Themanhathemanha.com

Manha sells smart glasses directly to consumers, offering models such as Bliss, Eclipse, and Aura.

ConsumerDirect to ConsumerHardware

PartnerFernando Fraga· solo GP

Tidescapetidescape.ptin𝕏

Tidescape offers a platform for booking tours and boat trips, including 2-4 hour Porto Douro river excursions, sunset cruises, and private parties.

MarketplacesTravel & Hospitality

PartnerFernando Fraga· solo GP

Travfordable

Travel technology platform facilitating affordable travel and relocation services to Portugal (pipeline).

PartnerFernando Fraga· solo GP

Ucuc.pt

PartnerFernando Fraga· solo GP

UpBuild

Construction workforce training platform using AI job matching and VR/AR simulation technologies (pipeline).

PartnerFernando Fraga· solo GP

VCompass

Capital platform bridging European startups with global investment capital using cultural translation technology (pipeline).

PartnerFernando Fraga· solo GP

Vitical

Medical equipment manufacturer of surgical instruments and operating room infrastructure planning a Portugal facility (pipeline).

PartnerFernando Fraga· solo GP

WiseWorldwiseworld.aiin𝕏

WiseWorld builds a human intelligence data layer that turns behavioral signals into measurable data about soft skills across the employee lifecycle.

AI & Machine LearningEdTechHR TechSaaS

PartnerFernando Fraga· solo GP

Portfolio news

latest coverage across their companies
Taskade

Granter.ai · taskade.com · Jun 21, 2026

Frequently asked questions

What stage does FX2 Group invest at?
FX2 Group invests at the Pre-Seed, Seed, Series A, Series B, Series C stages.
What sectors does FX2 Group focus on?
FX2 Group focuses on Sector Agnostic.
Where is FX2 Group located?
FX2 Group is headquartered in Porto, PT.

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