
Bynd Venture Capital
Description
Bynd Venture Capital is a leading venture capital firm based in Lisbon, Portugal, playing a significant role in the Iberian startup ecosystem. The firm specializes in seed and early-stage technology companies, primarily focusing on opportunities within Portugal and Spain, while also exploring broader European markets. Bynd Venture Capital is recognized for its commitment to supporting innovative startups across various tech sectors, including B2B SaaS, artificial intelligence, deep tech, and marketplaces, aiming to back companies with strong growth potential and disruptive technologies.
Bynd's investment strategy is characterized by its initial cheque sizes and a commitment to follow-on funding. The firm typically deploys initial investments ranging from €250,000 to €1.5 million, which translates to approximately $270,000 to $1.62 million USD. Beyond the initial capital injection, Bynd Venture Capital reserves significant funds for follow-on investments, enabling them to support their portfolio companies through subsequent funding rounds as they scale and achieve new milestones. This approach underscores their long-term partnership philosophy with founders.
Over the years, Bynd Venture Capital has built a robust portfolio and a strong reputation through successful fundraises. Their Bynd II fund, for instance, closed at €30 million, demonstrating their capacity to attract capital and deploy it effectively. Building on this success, Bynd launched its latest fund, Bynd III, in 2023, targeting an ambitious €60 million. This new fund further solidifies Bynd's position as a key investor in the region, allowing them to continue backing promising tech ventures and contributing to the growth of the European startup landscape. Their portfolio includes notable companies such as Unbabel, Defined.ai, and Sensei, reflecting their ability to identify and nurture high-potential businesses.
Investor Profile
Bynd Venture Capital has backed more than 53 startups, with 6 new investments in the last 12 months alone. The firm has led 9 rounds, about 17% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in Portugal, Spain, United States.
- Strong thematic focus on Software, Health Care, SaaS.
- Led 2 rounds in the past year.
- Typical check size: $270K – $1.6M.
Stage Focus
- Seed (68%)
- Series A (9%)
- Pre Seed (9%)
- Series Unknown (9%)
- Series B (2%)
- Debt Financing (2%)
Country Focus
- Portugal (43%)
- Spain (30%)
- United States (11%)
- United Kingdom (4%)
- Germany (4%)
- Belgium (2%)
- Panama (2%)
- The Netherlands (2%)
- France (2%)
Industry Focus
- Software
- Health Care
- Saas
- Real Estate
- Artificial Intelligence (Ai)
- Information Technology
- E-commerce
- Marketplace
- Internet
- Medical Device
Frequently Asked Questions
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