Semapa Next
Venture capitalLisbon · Series A · 11 people tracked
Investment thesis
Semapa Next is a sector-agnostic venture capital firm based in Lisbon that invests primarily at the Series A stage in European-based companies aiming to become global category leaders. The team blends entrepreneurial, operational, and financial expertise, positioning itself as a hands-on, founder-friendly partner. It seeks to build lasting relationships with portfolio companies, supporting them through the various stages of growth and the challenges startups typically face, while valuing teams that treat the firm as a genuine collaborator in their journey.
Source: firm website, verified Aug 3, 2026.
Team · 11 people
from the firm's website & public directories
What they invest in
from 20 of 22 portfolio companiesSaaS ×9AI & Machine Learning ×7Climate Tech ×6Cybersecurity ×3Data & Infrastructure ×3Enterprise Software ×3FoodTech ×3Logistics & Supply Chain ×3
HQs:Portugal×4United States×3Germany×2Netherlands×1Poland×1
Who they back
founder profiles across 7 portfolio companiesAccelerator rootsportfolio companies that came through a program
Investments · 22 tracked
founders shown can be your intro path
Airly builds MCERTS-certified air quality monitoring sensors paired with AI-powered analytics and dashboards that convert real-time pollution data into insights for local governments, schools, healthcare, energy and industry.
CleantechClimate TechGovTechIoTKraków, PL
WIKTOR WARCHALOWSKI(Executive Officer)ALEKSANDER KONIOR(Executive Officer, Director)MICHAL MISIEK(Director)
BoardCameron McLain(Director)in
Co-investorsfirstminute capitalExpaGiant Ventures Global Llp
Constellr builds and operates custom thermal-imaging satellites and an end-to-end system that measures surface temperature globally to deliver thermal intelligence on human activity, infrastructure load, and environmental stress.
Deep TechDefense TechSpace Tech
Co-investorsAlpine Space VenturesKaristakineo financeSaxoventSeraphim SpaceVsquared Ventures
Defined.ai provides commercially-safe visual and language content datasets for training generative AI models, ensuring creator rights protection and regulatory compliance.
AI & Machine LearningData & InfrastructureSaaSSeattle, US
Daniela Braga(Founder & CEO)Daniela Braga, PhD(Founder)in
Co-investorsEvolution Equity PartnersKibo VenturesSony Ventures CorporationSwan Venture Fund
Fero provides infrastructure for the drinks industry, offering working capital solutions, logistics and operations simplification, and data tools for producers, distributors, and retailers.
E-commerceFintechLogistics & Supply ChainSaaS
Mitchel Fowler(Founder & CEO)Daniel Gibney(Founder & CFO)in
Co-investorsNotion Capital
Flecto is a SaaS platform that enables rental companies to manage operations, build online sales channels, and integrate business tools.
B2B MarketplacesCircular EconomyClimate TechMarketplacesSaaSLisbon, PT
Co-investorsTechstarsMSMÜbermorgen VenturesMustard Seed Maze
Gigaton builds a self-learning control system that uses AI to autonomously manage and optimize production lines in energy-intensive industries such as cement, glass, steel, and mining.
Advanced ManufacturingAI & Machine LearningClimate Tech
Co-investorsAlbionVCClean Growth FundPlanet A VenturesUCL Technology Fund
GROPYUS designs and builds multi-family residential buildings using technology-enabled prefabrication and robotics, delivering affordable housing with optimized planning, manufacturing, assembly, and digital building management.
Advanced ManufacturingConstruction TechPropTechBerlin, DE
Markus Fuhrmann(Co-CEO, Founder)Philipp Erler(Co-CEO, Founder)
Co-investorsElevat3 CapitalManta Ray VenturesNovaco InvestSaxovent
kencko makes powdered superfood smoothies produced from flash-frozen and slow-dried real fruits and vegetables with no additives, sold direct-to-consumer via subscription boxes of 28 or 40 servings.
Direct to ConsumerFoodTechWellness & Fitness
Co-investorsCheyenne VenturesDraycottFLORA VenturesLince CapitalShilling VC
Kencko produces freeze-dried, plant-based smoothies and nutritional products designed to help consumers meet daily fruit and vegetable intake targets while reducing food waste.
Direct to ConsumerFoodTechWellness & FitnessBrooklyn, US
Tomás Froes(Founder)
Co-investorsAngel Collective Opportunity FundCheyenne VenturesGATHER VENTURESNextView VenturesSiddhi CapitalTechstars+1 more
Meisterwerk is a modular software for skilled-trade businesses (SHK, electrical, solar, painting and similar) with 1–50 employees handling high volumes of service, maintenance and repair jobs.
AI & Machine LearningConstruction TechSaaSBerlin, DE
Nick Sonnenberg(Founder)in
Co-investorsSpeedinvest
Oceano Fresco farms shellfish, including clams and the European flat oyster (Ostrea edulis), using open-sea nurseries in the Atlantic Ocean with a regenerative aquaculture approach.
AgTechClimate TechFoodTech
Co-investorsAqua SparkBlueCrow CapitalIndico Capital Partners
20tree.ai (operating as Overstory) provides AI-powered vegetation intelligence for electric utilities, combining satellite and aerial imagery with local asset data to optimize vegetation management programs.
AI & Machine LearningCleantechClimate TechEnergyEnterprise SoftwareInsurTechAmsterdam, NL
Co-investorsTechstarsB CapitalBentley iTwin VenturesCapitalTConvective CapitalEnergy Impact Partners+3 more
Overstory provides AI-driven vegetation intelligence for electric utilities, combining satellite and aerial imagery with local data like asset locations and wildfire maps to help them prioritize and plan vegetation management work.
AI & Machine LearningClimate TechEnergyLisbon, PT
Indra den Bakker(Co-founder)inFiona Spruill(CEO)inDoug Perrygo(CFO)Tamara Mendelsohn(COO)Brian Lafayette(VP of Product & Strategy)Peternille Dekker(Head of People)
Co-investorsB Capital GroupB4 CapitalConvective CapitalElewitEnergy Impact PartnersMoxxie Ventures+7 more
Probely is a security testing platform that discovers APIs and web applications, finds their vulnerabilities, prioritizes them, and provides guidance on how to fix them.
CybersecurityDeveloper ToolsSaaS
Co-investors33NBright Pixel CapitalChamaeleonShilling VCTIIN Capital
Web3 startup building a gamified ecosystem around licensed sports digital collectibles.
AI-powered voice agents for independent insurance agencies automating customer service and quote intake.
San Diego, US
Kenneth Miller(Director)Charles Smith(Executive Officer, Director)James Reeg(Executive Officer)Robert Claussen(Director)
Co-investorsMTECH CAPITAL
Sonant AI provides a voice AI receptionist for insurance agencies that handles inbound calls 24/7, qualifies leads, collects quote information, schedules appointments, and transcribes call data into agency management systems.
AI & Machine LearningInsurTechSaaS
Co-investorsMTECH CAPITALThe MBA Fund
Soveren provides data discovery, monitoring, and intelligence tools that help companies manage sensitive data in compliance with regulations and business rules.
CybersecurityData & InfrastructureEnterprise SoftwareSaaS
Co-investors10x Founders
Spoke provides last-mile delivery software, including a free route-planning and navigation app for drivers, a fleet management platform for courier companies to plan multi-driver routes and collect proof of delivery, and a directory connecting retailers with local delivery services.
Logistics & Supply ChainMarketplacesSaaS
Co-investorsAda Ventures
Sybilion builds an AI-based forecasting system that surfaces predictive signals from large datasets to help businesses make forward-looking decisions.
AI & Machine LearningData & InfrastructureEnterprise SoftwareLogistics & Supply Chain
Bjol Frenkenberger(CEO)inNuno Barros(CTO)inJonas Falkner(CDO)inFriedrich Weninger(CCO)in
Co-investorsVanagonVentureFriendsEWORGoHub Ventures
Portfolio news
latest coverage across their companiesOceano Fresco · trysignalbase.com · Jul 28, 2026
Overstory · zeebiz.com · Jul 16, 2026
Gigaton · pulse2.com · Jun 8, 2026
Sybilion · pulse2.com · Mar 13, 2026
Constellr · universemagazine.com · Feb 17, 2026
Overstory · iamsterdam.com · Dec 2, 2025
Ferovinum · the-buyer.net · Aug 11, 2025
Frequently asked questions
- How many investments has Semapa Next made?
- Semapa Next has 21 tracked investments.
- What stage does Semapa Next invest at?
- Semapa Next invests at the Series A stage.
- What sectors does Semapa Next focus on?
- Semapa Next focuses on Sector Agnostic.
- Where is Semapa Next located?
- Semapa Next is headquartered in Lisbon, PT.
- Who does Semapa Next co-invest with?
- Semapa Next most often shares deals with Techstars, Cheyenne Ventures, MTECH CAPITAL, among 53 tracked co-investors.
Images
Similar investors
3TS Capital Partners is a private equity and venture capital investor focused on technology and technology-enabled companies, notably in Central and Eastern Europe.
4DI Ventures was co-founded by repeat tech operator and ESET Southern Africa founder Justin Stanford, giving it unusually deep cybersecurity and software operating experience rather than a purely financial background, and originated from Stanford's own angel-investing experiments that directly led to both the firm's creation and the launch of the Silicon Cape Initiative. The firm explicitly describes its style as "nurture capital" with intensive, hands-on engagement, and Stanford is vocal about avoiding the "unicorn at all costs" mentality in African tech, instead emphasizing sustainable market readiness and fundamentals in a more conservative, durability-focused investment approach.
83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-defining companies, backing startups across multiple stages and sectors.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.