Semapa Next
ABOUT SEMAPA NEXT
Semapa Next is the corporate venture capital arm of Semapa, the Portuguese industrial conglomerate active in paper, cement, and environment. Established in 2018 and based in Lisbon, it is sector-agnostic and focuses on Series A rounds in European companies aspiring to become global category leaders, following on into later stages with tickets of €5M to €22.5M across fintech, crypto and web3, gaming, industrial tech, and SaaS. The strategy looks for synergies between startups and Semapa's industrial operations, favoring technologies that can be applied in industrial contexts. Semapa Next's portfolio of 20 companies includes Constellr, Defined.ai, Realfevr, Overstory, GROPYUS, Kencko, LOQR, Airly, JUPUS and Sybilion; Probely was acquired by Snyk in 2024. The firm is chaired by Ricardo Pires, with Hugo Augusto serving as CEO and Daniel Nascimento as Partner and CFO. Combining a strategic corporate mandate with venture investing, Semapa Next backs founders whose products can connect software and emerging technology to established industrial businesses across Europe.
INVESTMENT THESIS
Strategic CVC looking for synergies between startups and industrial operations. Interested in fintech, web3, and SaaS that can apply to industrial contexts.
INVESTMENT DETAILS
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FREQUENTLY ASKED QUESTIONS
What stage does Semapa Next invest at?
Semapa Next invests at Series A, Growth stages.
What is Semapa Next's typical ticket size?
Semapa Next typically writes cheques of €5M–€22.5M.
What sectors does Semapa Next invest in?
Semapa Next focuses on FinTech, Crypto/Web3, Gaming, Industrial Tech, SaaS.
Where is Semapa Next based?
Semapa Next is a CVC based in Lisbon, Portugal, founded in 2018.
Who are the partners at Semapa Next?
Key people at Semapa Next include Ricardo Pires (Chairman), Hugo Augusto (CEO), Daniel Nascimento (Partner & CFO).
What companies has Semapa Next invested in?
Semapa Next's portfolio includes Airly, Constellr, Defined.ai, Emotai, Ferodrinks, Flecto, Gigaton, GROPYUS, among others.
Can I invest in Semapa Next's funds as an external investor?
Semapa Next invests its parent organisation's own capital and does not raise funds from external investors.
How do I contact or pitch Semapa Next?
You can reach Semapa Next via their website (semapanext.com). You can also run your startup through Portugal VC's AI matcher to get a ranked shortlist of the investors that fit.