Semapa Next
Semapa Next is a Lisbon-based venture capital firm investing from Series A to late stage in European technology companies, with thematic focus on industrial AI, sustainability, and deep tech, operating as the investment arm of the Portuguese Semapa group.
- Company typePrivate
- Founded2017
- HeadquartersLisbon, Portugal
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Semapa Next does
Semapa Next is a Lisbon-based venture capital firm founded in 2017, operating as the technology investment arm of the Portuguese Semapa industrial group. The firm invests from Series A through late-stage rounds in European technology companies, with documented thematic focus on industrial AI, sustainability, climate tech, and deep tech. The portfolio documented in 2025–2026 spans legaltech (JUPUS, Cologne), industrial AI (Gigaton, London), manufacturing decision intelligence (Sybilion, Porto), construction technology (Gropyus, Berlin/Vienna), space-based thermal intelligence (constellr), and vegetation intelligence (Overstory, Amsterdam).
The firm's business model is standard institutional venture capital: it raises capital from limited partners, deploys that capital into equity rounds, and earns returns through management fees on committed capital and carried interest on realized gains. Pricing and AUM are not publicly disclosed. The team is lean, with 1–10 employees, led by Director Hugo Pinto. Check sizes range from approximately $1–2M at seed (Sybilion) to €35M in growth rounds (Gropyus), with the firm regularly co-investing alongside tier-one European VCs such as Plural, Lakestar, B Capital, Alpine Space Ventures, VentureFriends, Blume Equity, and Acton Capital.
Commercially, Semapa Next positions itself as a thematic generalist within Europe, anchoring or co-leading select rounds while taking minority participation in larger syndicates. Its strategic intent — inferred from the investment pattern — is to leverage Semapa's industrial heritage to back companies applying AI and deep tech to resource-intensive industries, including manufacturing, construction, utilities, and space. No proprietary products, APIs, or technology platforms are disclosed; the firm's deliverable to LPs is financial returns via its portfolio.
Semapa Next firmographics
Firmographics- Name
- Semapa Next
- Website
- https://semapanext.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Semapa Next is a Lisbon-based venture capital firm investing from Series A to late stage in European technology companies, with thematic focus on industrial AI, sustainability, and deep tech, operating as the investment arm of the Portuguese Semapa group.
- Ownership category
- akta.pro rank
Semapa Next industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
- akta.pro secondary industries
- Impact / ESG Venture Capital (FSANAAAG), Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)
Keywords
Where Semapa Next is headquartered
LocationHeadquarters
- HQ city
- Lisbon
- HQ country
- Portugal
- HQ region
- Europe
Markets served
Semapa Next business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Semapa Next product offering
Product offeringCore offering
Semapa Next is a Portuguese venture capital firm that invests in teams of exceptional founders from Series A to late-stage funding. The firm deploys capital into European technology startups across sectors including legaltech, industrial AI, decision intelligence, construction technology, space technology, and vegetation intelligence, co-investing alongside other venture capital firms and institutional investors.
Product overview
Semapa Next is a Portuguese investment firm focused on technology startups. The source data does not contain information about Semapa Next's own products or services. The company is identified as an investor participating in funding rounds for various European technology startups including JUPUS (legaltech), Gigaton (industrial AI), Sybilion (decision intelligence), Gropyus (construction technology), constellr (space-based thermal intelligence), and Overstory (vegetation intelligence).
Differentiator
Problem solved
Functional benefit
Products and services
- Series A to Late-Stage Venture Capital Investing
Companies that use Semapa Next
Customer profileIdeal customer profiles1 record
Semapa Next technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Semapa Next partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Semapa Next competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Semapa Next social profiles
Digital presenceSemapa Next financial estimates
Financial estimateRevenue estimate
Valuation estimate
Semapa Next leadership team
Management profileNumber of profiles
Profiles1 record
Semapa Next funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Semapa Next M&A and investment
M&A and investmentM&A
Investments27 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Semapa Next
What does Semapa Next do?
Semapa Next is a Portuguese venture capital firm that invests in teams of exceptional founders from Series A to late-stage funding. The firm deploys capital into European technology startups across sectors including legaltech, industrial AI, decision intelligence, construction technology, space technology, and vegetation intelligence, co-investing alongside other venture capital firms and institutional investors.
Is Semapa Next a public or private company?
Semapa Next is a private company. It is classified as corporate owned and is currently operating.
When was Semapa Next founded?
Semapa Next was founded in 2017. It employs 1 to 10 people.
Where is Semapa Next based?
Semapa Next is headquartered in Lisbon, Portugal, in the Europe region.
Does Semapa Next have an API?
No public API is recorded for Semapa Next.
What industry is Semapa Next in?
Semapa Next's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists), with a secondary code of FSANAAAG, Impact / ESG Venture Capital. Its NAICS code is 52394 and its SIC code is 8700.