Several Portuguese startups and Beta-i open-innovation alumni were highlighted in the event.
The EntrepreneurXXI Awards are an initiative that seeks to identify, recognize and accompany young companies with greater growth potential.
At this year’s event, the spotlight was on portuguese startups Seacliq (invested by LC Ventures) and HUUB, both having created digital platforms to simplify the direct negotiation between providers and buyers in their respective industries (fishing and fashion).
Seacliq is a new electronic platform for the first sale of fish based on blockchain.
Predictiva has developed, with technology based on artificial intelligence, a superbot specialized in the analysis and interpretation of spontaneous speech.
HUUB is an integrated logistics platform for the fashion industry.
Tracer has created a system based on blockchain to avoid the problem of abusive resale of tickets at major music and sports events.
Glycardial Diagnostics is working on the development of an in vitro diagnostic device (IVD) for the early detection of cardiac ischemia and prediction of patient evolution.
Feltwood has developed an innovative process to transform agricultural vegetal residues into ecological industrial material of multiple applications and with characteristics similar to materials such as plastic or wood.
The Portuguese startup and Lisbon Challenge alumnus, 360imprimir, just closed a round of $20.4M in investment.
At Beta-i, we are proud to see their success, as they were one of the first startups that joined one of the earliest editions of our acceleration program – Lisbon Challenge. Like Pedro Rocha Vieira, Beta-i’s founder and CEO, put it:
When we decided to launch Lisbon Challenge, the idea was to empower a new generation of entrepreneurs and companies, in order to give these actors the ideal tools to compete in the global digital market. 360imprimir was one of the first startups that went through this process, and it is with great pride that we have noted its success story ever since. Naturally, the fact that they have now raised an investment of €18 million is due, in the first place, to their great management, vision and execution. But I’d like to believe that part of this success also came from the training Lisbon Challenge gave them, of which Uniplaces, Eggy, Attentive, Knok, Impraise, Sparkl or Eat Tasty are also good examples. I hope that this round will open new horizons for them, but I believe that it will also allow them to contribute actively to the ecosystem, fueling a kind of virtuous cycle that Lisbon Challenge helped to start.
Sérgio Vieira, CEO and co-founder, also praised Beta-i for the work done in the portuguese entrepreneurial ecosystem, highlighting the role that Lisbon Challenge played: “For us, as an early stage startup LC gave us the opportunity to see other groups with different realities and different solutions to problems that were ours too. Moreover, the mentoring and pitch sessions played an important role in self-evaluation and communication positioning.”
“Since LC we have observed closely the role of Beta-i in the Portuguese ecosystem and praised their effort to keep pushing the startup scene to the next level – this also happened with 360imprimir.”
Created in 2013, 360imprimir is an e-commerce platform focused on the clients’ (SME’s and independent professionals) do-it-yourself method and delivery of quality and low-cost of printed communications. Operating on a fabless model, the company differentiates through technology: it has an intelligent aggregation software, that ensures the best prices in the market for their clients.
With a business based on technology – from the platform and its many mechanisms to the technology made available to production and logistic partners -, the company will continue to invest in technology and R&D.
In rapid development context like ours, we have to be one step (or two!) ahead of the challenges, so that we may be enablers of the market. 360imprimir is a tech and innovative company, so we’re always updated on the most recent trends in Performance, Scalability, Automation, Artificial Intelligence or Augmented Reality. It’s our DNA and what makes us unique. – Hugo Neto, Chief Technology Officer at 360imprimir
This investment will also give 360imprimir the chance to extend their product range with 20.000 new products and enter 17 new markets.
The company hopes their path will be an inspiration for other portuguese businesses to follow:
“360imprimir is the proof that every company can achieve success if the idea is different and adds value to customer experience. So yes, we believe that our path inspires other entrepreneurs to develop great and innovative ideas.” added the CEO.
José Salgado, CO-founder and Chief Growth Officer at 360imprimir, will also be at Lisbon Investment Summit to speak on a panel that is of interest to all startups following in their footsteps – Scaling Up: Tips and Tricks to Go Global. Get your tickets to LIS here.