Following months of interaction with the founders of Infraspeak, Caixa Capital recently concluded a pre-seed investment in the company.
In addition to receiving this investment, Infraspeak has just joined the world-renowned 500 Startups 4-month acceleration program in Silicon Valley and will now further develop its team and strategy. As such, Infraspeak becomes the first startup incorporated in Portugal to participate in this accelerator, after the initial participation of Talkdesk back in 2011.
Under the mantra “maintenance does not have to be a headache”, Infraspeak develops an efficient, flexible and user-friendly facility management software, allowing customers to enhance control and efficiency, cutting costs and reducing bureaucracy by up to 70%. By using the most advanced web, mobile and sensors technologies, early-adopters like Siemens, Unicer, Vila Galé, and Intercontinental Hotels were able to migrate to a paperless solution in no time.
The startup was founded in 2015 by Felipe Ávila da Costa, who is currently the company CEO, and Luís Martins, the CTO and Head of Product Development.
Stephan Morais, Executive Board Member of Caixa Capital, declared that “Once again Caixa Capital was chosen by a Portuguese cutting-edge startup to be part of its development path, by becoming the pre-seed investor. We first met Felipe and Luís at Lisbon Challenge, an acceleration program run by Beta-i and backed by Caixa Capital. Since then, we have been following the team’s outstanding achievements in attracting new customers. Thus, it is with no surprise that we witness this team’s entry into a top international accelerator like 500 Startups. Congratulations to Infraspeak!”.
Felipe Ávila da Costa, CEO of Infraspeak stated that “Having Caixa Capital and 500 Startups supporting our vision is like gaining superpowers to overcome our next challenges. After an intense first year bootstrapping, reinvesting every penny we got in the product and the team, we will now have the necessary means to grow our team, further develop our product, support our growing user base, and take Infraspeak to new markets like USA and Brazil. Exciting times ahead!”.
Caixa Capital – www.caixacapital.pt
Caixa Capital is the Private Equity and Venture Capital fund management company of Portugal´s largest banking group Caixa Geral de Depósitos, present in over 20 countries and with assets above 100 billion Euros. Caixa Capital is a pioneering operator in the Portuguese market, with 500 million Euros under management. Caixa Capital invests in growth equity and venture capital opportunities and funds. The Venture Capital team partners with incubators, accelerators and business angels for seed and startup investments and with major international venture funds for opportunities above 1 million Euros. The team aims to support global expansion of Portugal related teams and companies and has dedicated team members to ICT, digital, health tech, engineering and cleantech investments.