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. Founded in 2017 and based in Lisbon, it writes larger tickets of €5M to €22.5M at seed and Series A 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 has made 13 investments with one exit recorded. Its portfolio includes Circuit, Constellr, Defined.ai, Probely, and Realfevr, alongside companies such as GROPYUS, Kencko, LOQR, Overstory, and Airly. The firm is chaired by Ricardo Pires, with Hugo Augusto serving as CEO. Combining a strategic corporate mandate with early-stage 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
TEAM
CONNECT
FREQUENTLY ASKED QUESTIONS
What stage does Semapa Next invest at?
Semapa Next invests at Seed, Series A 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 2017.
Who are the partners at Semapa Next?
Key people at Semapa Next include Ricardo Pires (Chairman), Hugo Augusto (CEO).
What companies has Semapa Next invested in?
Semapa Next's portfolio includes Airly, Constellr, Defined.ai, Emotai, Ferodrinks, Flecto, Gigaton, GROPYUS, among others.
How do I contact or pitch Semapa Next?
You can reach Semapa Next via their website (semapanext.com). You can also submit your startup through Portugal VC's pitch tool to be forwarded to matching investors.