Portugal Ventures' booklet

ABOUT US Portugal Ventures is part of the Public Business Sector and heads public venture capital investment, operating under the same terms and conditions that apply to private companies. We work to be the benchmark venture capital partner in Portugal, designing differentiated strategies for the growth, competitiveness and internationalization potential for each of our portfolio companies. Portugal Ventures focuses its venture capital investments in startups with a global ambition. Investing in companies at seed and early stages with global solutions in the digital, engineering& manufacturing, life sciences and tourism sectors. Key areas of interests by sector: Digital Location: Enterprise, SaaS, Security, Networks, AI, VR/AR, Marketplaces, Blockchain, Portuguese startups: IoT Startups with registed offices or bussiness in Engineering & Manufacturing Portugal New Materials, Electronics, Robotics, Cleantech, Agrotech, Seatech Stages: Early Seed Life Sciences Seed Therapeutics, Digital Health, Diagonostics, Med Tech Tourism Innovative Accomodation, Tourist Entertainment Companies, Tour Operators, Wine, Nautical and Equestrian Tourism, The parks, VR/AR, Mobile, IoT, AI, Marketplaces, Electronics, Cleantech, Robotics

PRESENTING OUR VENTURES

ABOUT THE PORTUGUESE ECO-SYSTEM The Portuguese ecosystem has developed significantly in the last 10 years and despite having faced a macroeconomics downturn and mostly because of it’s world-class talent pool (Portugal ranks 9th out of 60 for Access to Talent (EDCi)) has grown significantly in terms of entrepreneurial players (from startups to incubators, accelerators and even VCs), and now Lisbon is even considered to be in the top 5 of best performing startup communities in Europe. This growth and maturity, as well as international openness has been independently recognized by Forbes, Financial Times, Bloomberg, VentureBeat, among many others as a vibrant and reference entrepreneurial ecosystem, and that has also been mostly confirmed by every international investor, accelerator, and start-up that decided to set a stronger footprint in Portugal or only visited Portugal for the Websummit with nearly 100,000 people visiting the event in 2018. The ecosystem has also been able to self-accelerate considering important international deals both on funding and acquisitions with startups like Besttables (acquired by Tripadvisor), Digisfera (Acquired by Google), Feedzai (funded by Sapphire Ventures, Omega Venture Partners and others), Talkdesk (funded by Salesforce Ventures, DFJ, and others), Unbabel (funded by Salesforce Ventures and Samsung Next Ventures, among others), Outsystems (funded by Portugal Ventures, North Bridge Venture Partners, Goldman Sachs among others ) Farfetch (IPO’ed, and the first “Portuguese Unicorn”), Defined Crowd (funded by Portugal Ventures, Sony, Amazon, Mastercard, among others), Aptoide (funded by Portugal Ventures, Golden Gate Ventures,Gobi Ventures, e.ventures), Fibersensing (funded by Portugal Ventures and acquired by HBM), Anubisnetworks (funded by Portugal Ventures and acquired by Bitsight) and many others!

The ecosystem is so vibrant and the pool of talent so remarkable that international corporations have setup local operations in Portugal, such as Euronext, Daimler, BMW, Google, Amazon, Uber, Zalando, Vestas, Pipedrive, Fujitsu, CGI, Huawei and Microsoft, among others. The ecosystem has progressed as a whole in a stable and fruitful way, and Portugal Ventures as a relevant player has strategically been active and fostering the ecosystem by partnering with almost all incubators, accelerators and Universities in Portugal, supporting all entrepreneurial programs, mentoring teams, funding most promising early stage startups, bridging international connections with other startups, corporates and investors, particularly leveraging its network in the USA, UK, DACH region and Asia by accelerating access to international business and capital and exit opportunities! That is our history and our current stage, but we trust that, together, with you, we can do better, faster and longer, with a common ground to grow on international connections, benefits and growth! Join us in this ride to grow global … Portuguese style (startups)!

INTERNET

ADVERT.IO FACT SHEET Sector Digital|Marketing & Advertising Investment proposition Digital advertising has become increasingly more complex over the last few years. We Funding until date: 1,2M Eur developed a platform that makes launching a campaign online a fully automated and easy process in under three minutes, without any previous knowledge of advertising. Team: João Aroso - CEO Our solution is incredibly simple to use: advertisers have to input their URL and the Pedro Rodrigues - CTO advertising goal, and our platform automatically scans their presence, figures out which Ed Ungar - Advisor audiences they should be targeting, generates the best keywords for the business and is Ricardo Monteiro – Advisor even able to create the ad copy for the campaign. After the campaign is launched it keeps on optimizing the ads to achieve the desired goal. Stage: Late seed Since we are paid by the different ad networks, platform usage is free for the advertisers. We want advertisers to forget all about marketing jargon. We see a world where small Key product Lines businesses are not required to understand the complex web of online advertising in order Platform to place ads on multiple networks optimzing automatically to the best ROI for to reach their target audiences. the advertiser Exec summary Competitive advantage (technology, IP, other) Digital advertising has become increasingly more complex over the last few years. We Artificial Intelligence allows us to tailor our audience feature to each business and make developed a platform that makes launching a campaign online a fully automated and easy sure you are targeting potential buyers to increase your sales, bookings and clients. process in under three minutes, without any previous knowledge of advertising. This way, no two audiences are alike as our algorithm scans each business to provide a unique audience group that fits their specific goal. Pitch After receiving our suggestion, it’s up to you to decide if you want to keep it or if you want to adjust each parameter based on your preferences. Track Record (customer base, activity highlights) Over 4000 campaigns under management; MRR +200K; Google Premier Partner; Bing Partner Website Click here to view Pitch https://advertio.com

BUGLE FACT SHEET Sector Digital|Corporate Training Exec summary Funding until date: 1.35 M Euros Bugle is a quick & easy tool that allows companies to share essential video TeamFounding team: training for their business. João Ferro Rodrigues (CEO) We have a great product, happy (and retained) SaaS corporate customers, and Management team: Ana Luisa Morgado (Head of Professional Services), Leandro also make money selling them content services. Maringolo (CTO), Joana Fonseca (Head of Marketing), Ivo Oliveira (Head of Design), We want to continue to specialize in some \"extended learning\" markets such as Francisca Cordeiro (Head of Customer Success). customer training, partners training, channel training and field sales training. Stage Seed We want to end 2019 with aprox €30k MRR and we are confident in achieving that goal. Key product Lines bugle SaaS , bugle content production services We are fund raising \"just enough\" to continue to grow to Series A levels, a goal for late 2020/early 2021. Competitive advantage (technology, IP, other) SaaS with great product market fit in specific online corporate academy segments Pitch (customer training, partners training, channels and sales training) because it's simple, easy to setup and manage, video-first and self-use). Click here to view Pitch Track Record (customer base, activity highlights) 20 corporate customers in Portugal, Spain, Germany, UK and Danmark including Farfetch, Nestle, LeoPharma, Blueliv, Smart Host, Treatwell, Snowplow, Randstad, NOS, COLEP, Banco CTT,, etc. Investment proposition We want to become in 2-3 years time the #1 European SaaS in the market of extended learning academies (i.e. Customer training, Partner training, Channel training and Sales training). We make money with technology yearly subscriptions + professional services sales (content production)Our team and product are solid and ready for that challenge. In the long term we want to dominate this market globally. Website www.bugleon.com

EGG ELECTRONICS FACT SHEET Sector Manufacturing|Consumer Electronics Exec summary Funding until date : 1M € Our first product – EGG PowerStation - is developed to reach a worldwide Team Luís Vieira (CEO),Tiago Venda Morgado (Founder),João Rosa (Founder),Ana Lobo audience, because of the increasing need of charging electronic devices. It is Xavier ( Portugal Ventures) one of a kind extension cord, because it puts together design and comfort, that Stage Growth other devices are missing. It was developed for the Europlug type C, since it´s Key product Lines used in over 100 countries. We wish to develop the next versions for other EGG PowerStation - Key product is EGG PowerStation - an innovative charging dock that markets as well, making EGG PowerStation available and usable worldwide. allows to charge up to 15 devices simultaneously. Focusing on the energy sector we expect to grow and expand outside Europe With its changeable and customizable covers, it's refreshingly beautiful. Because of the flat with a various portfolio of charging devices. surface, it can be placed anywhere, being available within reach of the hand. Following the sucess of EGG PowerStation we will introduce EGG PowerStation PRO and EGG Traveler. Pitch Competitive advantage (technology, IP, other) EGG focuses on design and innovative charging stations. With 2 patents and a design registration. We focus on developing products with a high design value. Charging technology, WIPO – Design Patent, INPI – Trademark Patent Track Record (customer base, activity highlights) EGG PowerStation is available both for individual consumers and for companies (as a business solution for meeting rooms or as a corporate gift) Retail – B2B / B2C Investment proposition Our medium term goal is to reach all European markets with our product, both for individual customers, distributors and businesses. We are currently looking for partnerships and both RND and investment partners, that will allow EGG Electronics to develop new innovative products to cover the full extent of the market. When it comes to our long term goal we want to reach other markets outside Europe. In order to do it we would need partnerships to help us develop EGG PowerStation suitable for other types of plugs, i.e.: Australia / US (…) and to integrate loT solutions into our products. Website Click here to view Pitch https://www.eggelectronics.com/home

ZAASK FACT SHEET Sector Digital|Internet Exec summary There are over 1 billion people looking for service providers in Europe alone, a Funding until date €2M market that values over €400B. In a era of instant matching, people and entrepreneurs do not need to spend all afternoon researching, calling and Team Luis Pedro Martins (Co-Founder), Jorge Santos (CTO), Sérgio Carreira (Head of comparing Pros whenever they need one. Zaask does it instantaneously and for Growth), Gonçalo Ribeiro (Product Owner), Rita Ferreira (Head of Operations) free. Zaask is a marketplace for services. Whether customers need to paint their home Stage – Series A or an accountant, Zaask is the easiest and most dependable way to hire the right professional. At the same time, Zaask help service providers and freelancers to Key product Lines grow their business. So far, Zaask helped over 500K Users accomplishing their Online marketplace for services projects, counting on a community of over 50k Professionals across over 1.000 categories in 20 cities in Portugal and Spain. Competitive advantage (technology, IP, other) Currently we earn money by selling high qualified business opportunities to Present instantaneously reviewed background checked professionals for all types of services Professionals but other revenue streams are on the horizon. Track Record (customer base, activity highlights) 20k Client requests monthly. 5k active Pros monthly. +1200 services categories. Portugal and Spain. Investment proposition Zaask has a highly valuable experience on a big market such as services. Our platform, uses benchmark technology and is highly scalable and adaptable to exploit new growing opportunities (online payments, booking feature, cross country matching, etc). Our product is providing an increasingly better user experience to both Clients and Professionals. We have achieved an interesting user base which enables us to be break-even. Website https://www.zaask.com

LIFE SCIENCES

BSIM Therapeutics FACT SHEET Sector Life Sciences| Therapeutics Exec summary BSIM Therapeutics is a biotech company focused on the rational design of Funding until date 1,5M Eur innovative therapeutic drugs for rare amyloid diseases. Our first products stand out as a new generation of transthyretin (TTR) stabilizers designed to target Team Rui M. M. Brito, Co-Founder and CEO; Carlos J. V. Simões, Co-Founder and CTO; multiple TTR variants in different tissues and organs, severely affected in Raúl Saraiva, Board Member; Eric Leire, International Board Member hereditary transthyretin amyloidoses (hATTR). Stage Series A Some of the distinguishing components of BSIM´s products include: ▪ unprecedented inhibitory activity against amyloid fibril formation by multiple Key product Lines BSIM Therapeutics is a biotech company focused on the discovery and development of TTR variants (in vitro); organ-targeted, high-quality drug candidates for the treatment of life-threatening ▪ unprecedented TTR stabilization in human plasma, cerebrospinal fluid and transthyretin amyloidoses (ATTR). vitreous humour (ex vivo); Competitive advantage ▪ outstanding cytotoxicity profiles; BSIM’s lead product is a small-molecule therapeutics for the treatment of hATTR-PN (ATTR ▪ exceptional physicochemical properties for multiple target-product profiles with polyneuropathy, a.k.a. TTR-FAP) and associated comorbidities. Our product holds critical distinguishing (PD/PK) features, which will enable the targeting of currently and long-term treatments. neglected organs affected by the disease – in particular, the CNS. Two patent (PCT) applications have been filed to protect the intellectual property (IP) around products The increase in life expectancy of patients living with hATTR with under development with one nearing granting. One third application is currently polyneuropathy (hATTR-PN) who have undergone liver transplantation has underway and will consolidate a solid IP portfolio. highlighted the clinical relevance of central nervous system (CNS) and ocular comorbidities associated to hATTR, which are today relevant unmet medical needs. Investment proposition The hATTR-PN market, alone, has been estimated in excess of US$1 Bn and the global ATTR market size is likely to exhibit a significant growth in the 2018–2026 period. BSIM is currently approaching the selection of one first drug candidate to be progressed to clinical development and is strongly committed to reach clinical proof of concept (PoC) within 3 years. Significant earnings from out-licensing of IP rights are expected after PoC of BSIM’s first product. Website https://bsimtx.com/

IMMUNETHEP FACT SHEET Sector Life Sciences |Therapeutics Exec summary Funding until date €2M Immunethep has a global and breakthrough solution for an unmet medical need, Team Bruno Santos (Co-Founder, CEO), Pedro Madureira (Co-Founder, CSO) Anti-microbial Resistance. Stage Series A Immunethep will focus on using its proprietary technology as a platform to Key product Lines develop new therapies, taking the products through the first two phases of the Paragon Novel Vaccine (PNV) that is able to address multiple bacterial strains clinical trials and then license those to one of the pharmaceutical companies that Competitive advantage (technology, IP, other) are focused on vaccines, namely, Pfizer, Sanofi, Merck and GSK. Two early publications from the research that led to the current work were published at the Immunethep team, with a Scientific, Clinical, Management and Entrepreneurial Journal of Immunology and PLoS Pathogen. Pedro Madureira, Immunethep’s CSO has 1 patent background, is working together for the last five years committed to deliver a safe submitted and 30 papers published in international peer review journals with an accumulated tomorrow. impact factor of 120 and with more than 500 citations The company has completed its pre- clinical studies including toxicity (under GLP conditions) and efficacy in mice. Track Record (customer base, activity highlights) The vaccine is directed to all the population with prioritization to patients at high risk of infection. Risk groups include, among others, patients undergoing surgery, elderly, people with chronic illnesses (diabetic, COPD,…). The virulence mechanism and the vaccine formulation are protected under an International PCT submitted by the University of Porto and licensed exclusively to Immunethep. Investment proposition With one single vaccine (PNV1) Immunethep is able to prevent the bacterial infections from the most life threatening bacteria, namely: E. coli, K. pneumoniae, S. aureus, S. pneumoniae and GBS Solution based on discovery of immunosuppression mechanism that is shared by these bacteria. One of the most known vaccines in the world, Prevnar 13, with 5,7 billion US$ in global sales in 2016, can only protect against one single bacteria (S. pneumoniae) and only 13 of its over 90 serotypes, whereas Immunethep can protect patients across different bacteria and serotypes, an all-valent and universal solution. In addition to the vaccine approach, Immunethep is preparing the development of an antibody- based treatment program. Website https://www.immunethep.com/

LUZITIN FACT SHEET Sector Life Sciences| Pharma/ Biotech Exec summary Funding until date €7M Luzitin is an European Biotech start-up, focused in the development of innovative Team Management team:Sergio Simoes, PharmD, MSc, PhD (Chairman & CEO),Claudia Silva, PharmD, solutions for Oncology and other diseases. Its most advanced candidate, Redaporfin PhD (COO / Deputy CEO), Luis Almeida, MD, PhD, FFPM (Chief Medical Officer), Tobias Silva, PharmD, (code name: LUZ11), that is IP protected Worldwide, represents a game-changing MBA (Business Development) new generation of therapeutic approaches in the Oncology field, particularly for solid Advisory board:Luis Arnaut, PhD, Lucio-Lara Santos, MD, PhD, Maria Mariette Pereira, PhD Tony Cruz, PhD tumors. Nascimento Costa, MD, PhD Redaporfin achieved successful Proof-of-Concept (POC) Safety and Efficacy results in Stage Redaporfin - Phase 1-2a clinical study with successful results a Phase 1-2a clinical trial in advanced Head and Neck cancer patients, for whose treatment and management presents as an unmet medical need, with more than LUZACNE - Research 450,000 new cases worldwide every year. Luzitin is aiming to replicate the very Key product Lines Redaporfin (code name: LUZ11) - Oncology field successful results in the extension of its Phase 1-2a study, with results expected for LUZACNE - moderate to severe Acne Q4 2019. Competitive advantage (technology, IP, other) In addition to Head and Neck cancer, Luzitin was also been granted with Orphan 'REDAPORFIN Competitive advantages: Drug Designation from both EMA and FDA for the treatment of - high efficacy against primary tumors and metastasis Cholangiocarcinoma, a rare disease with a clear unmet clinical need. - easy to use and convenient procedure (can be performed in an outpatient basis) Luzitin is seeking investors to the next funding round of € 7,5 Mio, that will enable to - absence of systemic adverse effects reach the conclusion of an efficacy Phase IIb clinical study with Redaporfin. - cost-effectiveness - robust IP protection Worldwide Pitch Track Record (customer base, activity highlights) Successful Proof-of-Concept (POC) Safety and Efficacy results in a Phase 1-2a clinical trial in advanced Head and Click here to view Pitch Neck cancer Investment proposition Luzitin's mission is to investigate and develop innovative photosensitizing compounds for the treatment of cancer and other diseases, thus contributing to human wellness. Strategically, Luzitin is committed to the further development and valuation of the technology, towards an exit through trade acquisition or IPO. Luzitin is backed by an experienced Management and scientific team with large expertise in drug development programs from the bench to global marketing approval and by entrepreneurs with a successful track record in the field (founders of a well-established pharmaceutical company - Bluepharma). Luzitin is aiming to replicate the very successful results achieved with Redaporfin in the extension of its Phase 1- 2a clinical trial, with results expected for Q4 2019. The next funding round aims to raise € 7,5 Mio enabling to reach the conclusion of an efficacy Phase IIb clinical study with Redaporfin. Website www.luzitin.pt

NUTRIUM FACT SHEET Sector Life Sciences | Healthcare / SaaS / Marketplace Exec summary Funding until date 685K EUR Nutrium is a nutrition software solution focused on changing the future of Team nutritional counselling and client follow-up. André Santos (Co-founder, CEO CPO & Board member) Diogo Alves (Co-founder, COO & Board member) For that, we created the most complete and agile professional nutrition software in Pedro Carneiro (Co-founder, CTO) the market. Our software is focused on improving the dietitians' retention rate by Pedro Maia (Co-founder, CAO/CFO) innovating their clients follow-up. Pedro Costa (Head of Growth/CMO) Our next goal is to make nutrition counselling available for all while revolutionizing Stage the dietitians' business model. That's why we are creating a marketplace that will Scaling / Series A enable any patient to subscribe a dietitian. Key product Lines Professional nutrition software focused on improving client follow-up. Competitive advantage (technology, IP, other) Great execution: Nutrium is the fastest growing nutrition software in the market; Global market: Nutrium has customers in more than 20 countries; Vision: Nutrium will change future of nutritional counselling and client follow-up. Track Record (customer base, activity highlights) Registered dietitians: 30,000 MRR: 20,000€ (35,000€ expected by the end of April) Average MoM growth rate: 12% Investment proposition In the last 3 years, we have been focused on creating the best professional nutrition software in the world and we believe we are on the right path, since we are the fastest growing SaaS solution on this market. Now, we want to take one more step towards our goal. We want to take advantage of our data and our network of dietitians to scale up a marketplace that will enable any one to subscribe a dietitian. We are raising 1.75M until the end of 2019 to achieve by 2021: - World’s #1 professional nutrition software; - Fastest growing nutrition solution for patients; - MRR: 320 000€. Website www.nutrium.io

PEEKMED FACT SHEET Exec summary PEEK HEALTH, S.A., founded in 2015, aims to build global medical devices that are Sector Life Sciences| MedTech easy to access, to interact with and recommended by all physicians worldwide. PEEK Funding until date 1.1M€ HEALTH’s key product is called PeekMed®, a powerful 3D pre-operative planning Team João Pedro Ribeiro, Sara Silva, Jaime Campos, Nuno Macedo, Carlos Oliveira system for orthopedic surgery which aims to help the surgeon better treat the Stage Revenue patient while reducing costs and surgical times. PeekMed® has more than 1200 Key product Lines orthopedic surgeons spread by more than 35 countries using its product, it is PEEK HEALTH’s key product is called PeekMed®, a powerful 3D pre-operative planning system for orthopedic running in several Hospitals, has a partnership with Johnson & Johnson Portugal and surgery which aims to help the surgeon better treat the patient while reducing costs and surgical times. has closed several licensing contracts with implant manufacturers. PEEK HEALTH, S.A. PeekMed® is a CE marked and FDA cleared medical device. With PeekMed® system, the surgeon can plan is currently certified with ISO13485:2016 for the quality management system for any kind of procedure, anytime, anywhere. PeekMed® features a simple and intuitive UI/UX design allowing medical devices and PeekMed® is a CE marked and FDA cleared medical device. the surgeon, despite the short amount of time available, to plan the surgery in a quick, easy, and effective way. Investment proposition Competitive advantage (technology, IP, other) PEEK HEALTH, S.A. long way vision is to standardize the surgical process, so an PEEK HEALTH’s international patent-pending technology is a novel way to virtually plan all kinds of orthopedic unexperienced surgeon achieves the exact same outcomes as a more experienced one. procedures, granting a competitive advantage over the present existing 2D solutions. In a very intuitive and simple The company’s team is a multidisciplinary and highly focused group of biomedical way, the orthopedist is able to perform any surgical planning in a 3D environment, where he can freely manipulate engineers and orthopedic surgeons. The team is divided in different departments: and intersect the 3D models from body structures and the digital representations of the prosthetic material planned development, support, testing and marketing & sales. We know how to develop software for surgery usage, in order to understand the impact of the solution. PeekMed® system is cross platform (Mac OSX, and hardware and how we should target them for Healthcare professionals. PeekMed® Windows and iOS). has 2 different business models: - Annual subscription: This model works to sell directly to hospitals, surgeons and/or to partners; - Pay per surgery: This model works to sell directly Track Record (customer base, activity highlights) to surgeon and/or patient. We intend to expand our customers' base and keep a straight Scientific Validation: relation with them. As a long-term goal, we will work towards new products to help - 3D reconstruction technology (PeekMed®) usage in ACL revision surgery, João Pedro Oliveira, M.D. SPOT 2017 achieving the initial pre-operative plan inside the operating room. (Presentation); - Complex Total Hip Arthroplasty in Patient with Congenital Arthrogryposis, Sérgio Gonçalves, 2018 (Paper); Pitch - Surface Glenoid Area in Latarjet-Patte and Congruent Arc in Virtual Model, Bruno Gobbato, M.D., AAOS 2016 (Poster); Click here to view Pitch - A 3D Computed Tomography Based Tool for Orthopedic Surgery Planning, Developments in Medical Image (password: peekmed40secpitchdemo) Processing and Computational Vision; - A Computed Tomography Based Orthopedic Surgery Planning solution, Computational Vision and Medical Image Processing IV: VIPIMAGE 2013; Website www.peekmed.com

PERCEIVE 3D FACT SHEET Sector MedTech Investment proposition Funding until date €2.8Mn P3D created and developed a video-based technology for surgical navigation that combines intelligent Team video processing for 3D measurements on the anatomy, with Augmented Reality (AR) for overlaying João Barreto, CEO / Co-Founder meaningful guidance information in images. It is the first system of the kind that provides higher metric Rui Melo, Co-Founder, CTO / Co-Founder accuracy while solving the problems of ergonomics (intuitive to use thanks to AR, no lines of sight or Diogo Moreira-Rato, Advisory Board bulky markers, minimum additional time) and economics (no capital equipment with software being Prof. David Barrett, MD, Advisory Board deployed in a tablet PC). It is also the first effective solution for navigation in arthroscopy in which case Stage it uses the video acquired by the already existing arthroscopic camera. Series A In the next year, P3D will move from a technology developer to a medical device manufacturer by Key product Lines launching a first integrated product on the market AR Guidance Solution for Arthroscopy // AR Guidance Solutions for Orthopedics Surgery under its own brand. // Visualization Sofware Exec summary Competitive advantage (technology, IP, other) P3D's Technology is validated in “ex-vivo” trials (both arthroscopy and open surgery). It solves Solves ergonomics & economics for broad adoption of navigation system in open surgery; ergonomics & economics for broad adoption in open surgery and it is the first solution for First effective navigation solution ever for arthroscopy. navigation in arthroscopy. P3D has one licensing contract signed with a global implant manufacturer and one licensing term-sheet signed with an incumbent company in arthroscopy, Track Record (customer base, activity highlights) which means a 4.1M€ minimum contracted revenue for the next 4yrs. Perceive3D (P3D) established a network of contacts with the major players in industry that are P3D is raising Series A round (3.5M€) for independent market launch of a first navigation system regularly monitoring company progress. under P3D’s brand, and for bridging the gap to steady revenue from licensing contracts and In 2018, P3D closed its first licensing contract with a global manufacturer of implants and also a direct sales. term-sheet for licensing with an incumbent in arthroscopy. The first product will be launched in the market in Q2 2020. Pitch Awards: SMEi Phase 2 (1.3M€), Top25 Portuguese Scale-Ups, Prémio Bartolomeu Gusmão Website www.perceive3d.com Click here to view Pitch

TONICAPP FACT SHEET Sector Life Sciences| Healthcare Exec summary Funding until date €650K Inefficiencies in healthcare are responsible for lost lives, and wasted time and resources. Team Daniela Seixas, CEO; Gonçalo Vilaça, COO Lack of, and poor communication and care coordination, as well as the massive Stage Growth dispersion of the digital resources medical doctors need to diagnose and treat their Key product Lines patients, are key drivers that could be addressed using today’s technology. Tonic App Tonic App wants to be the leading mobile medical ecosystem in Europe, helping doctors on connects doctors and gives them access to the most useful tools & resources they need their professional day-to-day work by curating, for them, the best professional resources in a on their daily practice. With Tonic App doctors save time and can focus on becoming single mobile app. On the other hand, we facilitate access to this medical community to all better at their jobs. Conquered 25% of our test market, Portugal, in 24 months, in other healthcare players, from peers to patients, and including hospitals, the industry and number of users, with mobile metrics above benchmark. First sales made with key publishers. multinationals. expanding fast to Spain, UK and France. Raising to support Competitive advantage (technology, IP, other) internationalisation. Market leaders, size of our medical community, data, all-in-one product, medical device, deep know-how of the industry. Track Record (customer base, activity highlights) We are market leaders, with 25% of the market share of doctors in Portugal, and have great mobile traction - retaining MoM at 42%. Closed our first deals with key multinationals, including pharmaceutical, medical devices and recruitment companies. Prizes: Novartis TechCare Program 2017, Lisbon Investment Summit 2018, MEDICA Dusseldorf Medical App Competition 2018 (largest healthcare trade fair in the world). Investment proposition Vision: Tonic App wants to be the leading mobile medical ecosystem in Europe Business model: Users: App free for doctors Customers: All other healthcare stakeholders - hospitals, insurers, pharmaceutical companies, medical devices companies, medical recruitment companies, communication agencies Revenue Models: subscription, content, data-as-a-product, pay-per-lead, revenue share Goals: Expanding to Spain, France and UK. Closing a Series A to internationalize fast - we are still able to include in the syndicate another VC investor with tech expertise. Website www.tonicapp.com

INDUSTRY

ABYSSAL Exec summary Abyssal started developing integrated subsea visualization solutions for FACT SHEET Remotely Operated Vehicles in the Oil & Gas industry. By 2015 it released its first product, the Abyssal OS Offshore - an advanced 3D Visualization Sector Digital | IT and Operations Management System to support pilots and supervisors in Funding until date 1,4M€ performing tasks in complex and low visibility subsea environments. Team Rafael Simão - Co-Founder and CEO, Manuel Parente - Co-Founder and CTO, João Ferreira -Co-Founder Leveraged by a close relationship with Oceaneering (largest ROV operator) Head of Business Development and Wood (leader in engineering services), Abyssal further developed its Stage Scale/SeriesA technology to create a 3D GIS digital platform as a basis for an ecosystem Key product Lines of products that bring relevant benefits for the different stakeholders in Abyssal has developed a unique 3D/GIS platform that constitutes the foundation for the Digital Twin Subsea. multiple phases of a project. Using the platform as a basis, Abyssal developed a suite of products that bring value on every phase of a subsea capital This ecosystem provides an integrated solution applied across the project – from design and engineering to operations, through to decommissioning. complete life-of-field, simplifying processes, reducing handover times and Abyssal Designer – design and engineering tool that enhances 3D and GIS to help engineers to design operational risk, while increasing visibility and quality of data, thus increasing procedures and perform risk assessments; operational efficiency and safety. Abyssal Simulator – real-world physics subsea simulator to perform virtual system integration testing and simulate By reducing CAPEX and OPEX, clients can develop more projects that have complex operations; been postponed due to lower oil prices. Abyssal Offshore - subsea piloting center installed in the ROV control room for navigation and operation management using 3D visualization and Augmented Reality; Pitch Abyssal Command Center - operation management center installed onshore for worldwide monitoring and control of subsea operations. Click here to view Pitch Competitive advantage (technology, IP, other) Abyssal´s technology is protected by a family of patents WO/2013/068821 as well as several other patent applications that have been filled for approval. Track Record (customer base, activity highlights) The company´s customer base includes some of the most important players in the subsea industry, such as BP, Chevron, Wood, Oceaneering, TechnipFMC, Van Oord, and its technology has been recognized with several honors and awards: • 2018 - Winner of the Van Oord Innovation Challenge • 2017 - Invited to present at Unreal Engine Enterprise Build London • 2016 - Selected as top 5 startups to present at the O&G Pitch Competition at the Energy Fest • 2015 – Selected by GE and Chevron as one of the top 10 startup companies in the O&G technology sector Investment proposition Abyssal has already set foot in the O&G industry and its suite of field proven and commercially available products have been developed very closely with industry partners. The company´s pipeline of R&D is in line with industry needs (autonomous operations, digitalization and automation), and technological trends (IoT, machine learning and augmented reality) making it a recognized technological leader within its customers. Abyssal is seeking €5M of investment to strengthen its commercial team and scale up the business. Website www.abyssal.eu

ADDVOLT FACT SHEET Sector Engineering&Manufacturing | Mobility and Transportation Exec summary Electrifying every Van, Truck, Trailer and Container Refrigeration Unit . Funding until date 1,7M Euros AddVolt presents the World’s 1st Plug-in Electrical system targeted for transportation markets. With our patented technology, transportation companies Team Eng. Bruno Azevedo - CEO & Co-founder | Eng. Ricardo Soares, COO & Co-founder| with refrigeration units can use electrical energy to reduce diesel dependence, the Eng. Rodrigo Pires, CCO & Co-founder, level of noise and the CO2 emissions during its operation. AddVolt creates high and positive impacts on the driver’s quality of life, while it contributes to have eco- Stage Commercialization friendly vehicles. Key product Lines World's 1st Plug-in Electric system for any Van, truck, trailer and container refrigeration unit Competitive advantage (technology, IP, other) Proprietary technology Dealer in DE, SP, NH and Swiss 1 Patent Granted in EU and US , 1 Patent Pending 24 versions with Automotive certification and automotive compliant ISO900_2015 Track Record (customer base, activity highlights) 1 M€ target revenue for 2019. 30% reached in March 2019 Investment proposition Electrifying the urban distribution for a cleaner and quieter goods transportation. Awarded the Trailer innovation 2019 at IAA2018, the largest EU exhibition for trucks and buses. AddVolt TAM in Europe is 22B€ and in short term AddVolt is selling the solution directly to the main accounts and building a global network of affiliates for small and medium accounts. Website www.addvolt.com

FOLLOW INSPIRATION FACT SHEET Sector Engineering&Manufacturing |Robotics Investment proposition Funding until date 2,1MEur Follow Inspiration already sold robots to big retailers like Intermarche and Auchan in France, Team Sonae and Media Markt in Portugal, Edeka in germany, Carrefour in Spain. In addition, Follow Founding Team: Luis de Matos Inspiration sold its robots to other companies in the area of logistics and customer support like Etisalat, Edp, Ama, Delta and Volkswagen. Management team: Luis de Matos, Tiago Silva, Marcelo Penas, Joana Santos Board: Luis de Matos, Filomena Pastor, Alberto Barbosa, Paulo Ribeiro Exec summary Stage Follow Inspiration, S.A., is a technological company founded in 2012, focused on software and Seed Investment hardware development. The company’s strong skills on navigation and mapping, image Key product Lines recognition and artificial intelligence as well as robotics led to the development of innovative wiiGO Retail, wiiGO Curator, wiiGO Logistics solutions for our customers. We concluded 2 investment rounds from private VCs, raising a total Competitive advantage (technology, IP, other) of total €2.1 M. The WiiGO system is an autonomous and self-driven robotic system that follows a specific user WiiGO Retail is an autonomous self-driven shopping chart, designed to help people carry their or can be programmed to move independently on a pre-planned or self-automated route. We purchases. The tablet displays the deals available in the aisle where shoppers are currently implemented the latest technology on image recognition, machine learning and artificial located. Retailers can effectively run a flash sales strategy while customers are in-store, intelligence which allows the robot to track users autonomously, while identifying and avoiding displaying the right message at the right time.Ability to guide shoppers to the items they want any obstacle along the way. Our technology is suitable to provide new robotic solutions for or the deals they are looking for. Our technology in image recognition enables the wiiGO to different vertical segments. follow anyone, with or without reduced mobility, improving the customer’s in-store experience WiiGO works with an unique combination between following mode and autonomous like never before. navigation with no need for additional infrastructures. Follow Inspiration core technology is the The Curator can follow promoters, greet or inform any audience. Based on the latest wiiGO only one that enables a fast deployment of new robotic solutions, a high scalability thanks to technology, the Curator allows any company to promote their brand or content, in two the easiness of adding extra robots to an existing fleet (even different types of robots) and customizable screens. Greeting and speaking, QR codes reading and ticket printing, you name thanks to the possibility to implement it in existing standard hardware. it!. Track Record (customer base, activity highlights) The WiiGO Logistics its a Solution for the transport of objects and goods using new sensor and Follow Inspiration already sold robots to big retailers like Intermarche and Auchan in France, navigation techniques. Able to follow an operator, easy and safe object transportation, powerful Sonae and Media Markt in Portugal, Edeka in germany, Carrefour in Spain. In addition, Follow help on restocking. 3D image recognition and indoor localization based in natural features, Inspiration sold its robots to other companies in the area of logistics and customer support like complete 360º environment recognition. Etisalat, Edp, Ama, Delta and Volkswagen. Website Pitch http://followinspiration.pt/ Click here to view Pitch

ENTERPRISE

CODAVEL FACT SHEET Sector Digital|Internet/Software Exec summary The inherent instability of the wireless last mile, such as WiFi, 3G, 4G or even the Funding until date €700K upcoming 5G, is killing the speed of mobile apps, and consequently affecting users experience. At Codavel, we want mobile apps to provide their users the best Team Rui Costa - CEO, Jon Castor - Chairman, Diogo Ferreira - CTO, Paulo Oliveira - Head of experience they can, and that's only possible if we tackle what's currently out of Security control: the network. That's why we created Bolina. Our SDK controls network instability end-to-end, ensuring significant speed Stage Seed improvements in all kinds of network connections. Key product Lines Bolina SDK Fast and efficient content delivery is key in a digitally connected world. Codavel is the Competitive advantage (technology, IP, other) key. Unique patented technology, with much superior performance. Software only solution, can be deployed in any customer architecture Track Record (customer base, activity highlights) Pitch Starting PoCs in May 2019; Bolina SDK Beta launch in April 2019; Codavel's event in San Francisco in February 2019 Investment proposition We want to make sure every mobile app can provide mobile app can provide the best mobile experience to every user, regardless of network conditions. For that, we empower mobile apps with the ability to overcome network instability. Based on more than 7 years of world-class research, Codavel’s team has built a groundbreaking patented protocol, which makes mobile apps significantly more robust to the natural instability of wireless links. As a result, our Bolina SDK makes mobile apps 2 to 3 times faster and, being software-only, it is super easy to integrate. Bolina SDK’s license is a fee per active mobile app user per month. Our main targets are mobile-first companies moving large volumes of data, which are the ones who have the biggest pain, and our entry strategy focuses on closing initial pilots. We have released our MVP and we are now starting our first proofs of concept, which is the first step towards shaping the next generation of digital content delivery. We expect to reach 25% of the top 100 mobile apps (user base wise) within five years, the point at which we will aim at a liquidity event. Website Click here to view Pitch https://www.codavel.com/

DIGITAL MANAGER GURU FACT SHEET Sector Digital| ECommerce Exec summary Funding until date 390K Eur Digital Manager Guru is an online management platform for single-product e- commerce businesses that enable small business to sell without using an e-commerce Team platform, putting all data together and delivering actionable analytics data. André Cruz - CEO and CoFounder • The problem: Michelle Oliveira - COO and CoFounder When we talk about e-commerce, people think about catalogues and shopping carts. Christian Barbosa - Angel Investor However, the single product sales model has been increasing last years. One proof of this business model will continue growing is: some of these companies are in Silicon Stage Seed Valley’s famous tech unicorns. Key product Lines Single-Product Checkout At the same time, these entrepreneurs have difficulty selling, managing, analysing and Sales conversion tracking system integrating data. The main issues related to the business operation are high cart Payment Processors Integrations abandonment, the entire sales process distributed in different platforms that don't Email Marketing platforms integrations integrate between them. Consequently, they deal with data scattered in different platforms, lack of analytical data leading to high operating costs and difficulties on Competitive advantage (technology, IP, other) scaling business. We are introducing the power of a single product e-commerce sales, and enabling small • Our Solution business to sell only without needing to have an e-commerce platform We created a platform that works as a control tower helping to manage the entire sales process connecting all players related to online sales: traffic acquisition, relationship, Track Record (customer base, activity highlights) sales and management. So, in one place the owner, partner or team can integrate easily, Almost 3 millions transactions processed, follow-up analytics data and get insights on traffic, campaigns and revenue. almost €140 millions in transactions, more than 3 million leads processed Pitch more than 70 million tracked clicks processed, All in less than 2 years Investment proposition We aim to reach 10K subscribers in the next 5 years, with a MRR of €500K Website Click here to view Pitch https://digitalmanager.guru

MAPIDEA FACT SHEET Sector Digital| Enterprise Software - Analytics Exec summary Mapidea is an Enterprise Location Analytics SaaS, focused in helping Big Companies Funding until date 500K EUR create better insights and competitive advantages using Geography. Our solution is built not for GIS experts but to regular business users, under the core principles of Team simplicity and speed. We want to make Location Analytics as common a tool as Excel. Miguel Marques (CEO), Eduardo Ramos (CTO), Pedro Moura (COO) Stage Seed to Series A Key product Lines Mapidea Enterprise Location Analytics - Getting everyone in big companies using Location Analytics to create better insights and value Competitive advantage (technology, IP, other) Out-of-the-box (low CAPEX); Customer Experience (user adoption); Mobile Solution (use on the go) Track Record (customer base, activity highlights) ~300K ARR (growth x10 in 2 years), +20 enterprise customers (e.g., Vodafone, Coca-Cola, Domino's Pizza, Novartis, BP, Philip Morris International, Huawei, etc) Investment proposition Mapidea's Vision is that big companies should provide Location Analytics capabilities to all their business users, thus leveraging the value of existing data to create better insights and competitive advantages. Our business model is based on recurring Annual Subscriptions. The team has a large expertise and experience in providing location analytics solutions to big companies. The core team has been working together in this space for more than 15 years. Our next goal is to reach 1M ARR mostly in Europe, and raise a Series A round to go for the US market. Website http://mapidea.com

PROGROW FACT SHEET Sector Engineering&Manufacturing|Analytics & Collaboration (Big data, IoT, Industry 4.0) Investment proposition Using the latest big data and IoT technology, proGrow unifies operational Funding until date : 500K EUR information from different sources in one simple platform (e.g. from different information systems, directly from equipment or simply by inserting it manually Team Marco Tschan Carvalho – Founder and CEO, João Sousa Aroso - Non-executive into proGrow). proGrow generates from automatic reports (every shift, day, week, Director month) to real time data. Through collaboration tools users are empowered to launch corrective actions, as well as manage improvement projects. As for next Stage Late-stage steps, we are enhancing proGrow with machine learning capabilities in order to provide operations alerts as well as improvement suggestions. Key product Lines Our business model is based on a SaaS model, where the subscription price is We provide the ability to turn red results into green ones by: i) unifying operational information calculated based on the size of the operational area in question. proGrow was from different sources in one simple platform and ii) task manager features which allow users to developed so that it can be as plug and play as possible. Nonetheless, an act on red results by managing from corrective actions to improvement projects. integration with the current information systems and KPIs used is necessary. To scale rapidly, we are preparing partnerships with consulting companies, which will Competitive advantage (technology, IP, other) act as both our distributors and implementation partners. Our focus in continuous improvement (Lean and Kaizen) makes us unique in the market and therefore very appealing for companies interested in improving their operational results. Exec summary proGrow is currently validated for offices, production sites and warehouses, by medium to proGrow provides operations management in the digital world, being the first web multinational organizations from the food and beverage to the automotive industry. platform combining data collection and analytics (big data & IoT) with team collaboration features (task and project management). Organisations are therefore Track Record (customer base, activity highlights) able to understand: At the moment we are working with several industries and company sizes, such as HFA, 1.How are we? Caetano Bus, Bosch, Nestlé. 2.What issues are we solving? 3.What are we doing to improve? Website http://www.progrow.io/#/ Pitch Click here to view Pitch

SHIPTIMIZE Sector Digital| Ecommerce | logistics |B2B software FACT SHEET Exec summary Funding until date 1M € Shiptimize is a Digital Delivery Management solutions that helps ecommerce Team businesses to optimise the value of delivery while realising time and cost Mark Bastiaanssen (CEO) - Jorn Spiertz (COO). Adi Azaria, Johan Pardoel, Portugal savings for over 450 business in the Netherlands, Spain and Portugal. Ventures (investors&board members) Shiptimize is on track to generate 1.5-2€ million revenue and enter Brazil/LatAm in 2019 Stage Early Growth Key product Lines Pitch Digital Delivery Management Platform for Ecommerce that connects a wide variety of online sales channels and automatically optimizes shipments, shipping methods, tracking information and customer communication with renowned logistics provides based on demands and preferences of the merchant. Competitive advantage (technology, IP, other) Shiptimize's competitive advantage is its deeply routed international and diverse culture, creating high level of cultural responsiveness and adaptability required for its internationalisation. Track Record (customer base, activity highlights) 450 active customers in the Netherlands, Portugal and Spain. On track to hit 1.5-2 million revenue in 2019 Investment proposition Click here to view Pitch Shiptimize ecommerce businesses survive and thrive by providing a digital delivery management solutions which are normally only in reach of bigger companies. Its core businessmodel is based on a mark-up on shipping rates with secondary revenues streams in subscription based use and premium features. Shiptimize ais to rapidly exaand to underserved earlier stage ecommerce markets, initially expanding to Brazil and other Latin American countries. Website www.shiptimize.me

STORYO FACT SHEET Sector Tourism Investment proposition Funding until date: 1,7M Eur Smartphones have replaced the standalone camera to a large degree. On top of it, the increase in wireless bandwidth makes uploading and sharing instantaneous. 6.1B Team: Filipe Vasconcellos - CEO Smartphone users globally by 2020 (Source: Ericsson) with thousands of unorganized Manuel Costa - CTO photos and disperse information opens a huge opportunity for technology-based Leonel Duarte - CCO innovative solutions that order the chaos and make the creation of lasting memories Pedro Chaves – CFO easier and faster, whether it is a small video clip or a photo book. Through its B2C app or Steve Zammarchi – Board Member partnering with B2B brands in the entertainment and photo printing spaces, Storyo provides the technology to unleash powerful stories. Stage: Series A Key product Lines Exec summary Storyo With proven traction in the B2C market, Storyo is now focusing on delivering the Competitive advantage (technology, IP, other) power of User Generated Content to photo operators and brands. We believe that our StoryMatik was created in 2014 with a bold mission: revolutionize the way people create proprietary technology can help companies deliver better products and solutions to content and memories out of their ever growing personal digital dataset such as their customers and create engaging content through the power of data-driven smartphone photos, social media behavior and interaction with others. storytelling. StoryMatik is currently focused on Storyo, an Artificial Intelligence-powered mobile app Our medium-term goal is to establish a B2B model based on a licensing model before that turns photo and data into video stories. All done in less than 5 seconds and fully engaging in additional funding rounds. The company has a relevant consumer base automated. The USPTO-patented technology is based on AI and neural networks and and client base from which to grow and expand in a market that is ripe for disruption. leverages the potential of data behind photos and arranges it in a narrative, adding rich visuals as maps, Facebook posts and weather information to create neat and coherent travel video stories or any other video narrative of people’s best memories. The company is currently focused on growing its B2B revenue stream in the photo-printing space by providing an SDK through a license to support automatic photo-book creation. Track Record (customer base, activity highlights) +3M stories created; 170 countries; Featured on the App Store by Apple multiple times; 250k downloads and growing; Cutting-edge finalist on SXSW 2017; Xammy Award 2014 – Best Consumer App; Aptoide App Awards 2016 – Best Android App 2nd Place Website www.storyoapp.com

CONTACTS PORTO OFFICE Av. Dr. Antunes Guimarães, 103 4100-079, Porto, Portugal P:+351 226 165 390 LISBON OFFICE Rua Ivone Silva, 6, 12º 1050-124, Lisboa , Portugal P:+351 211 589 100