Armilar Venture Partners is an independent deep-tech venture capital fund manager based in Portugal.
Portfolio
2
companies
KIT-AR
KIT-AR provides an augmented worker platform for industrial manufacturing.
StudentFinance
StudentFinance provides education financing and career mobility solutions for professional upskilling.
Duarte Mineiro
Partner at Armilar Venture Partners
Duarte is a partner at Armilar Venture Partners and serves as a non-executive director and board member across several companies.
LinkedIn
João Dias
Principal
João is an investment partner at Armilar, following previous roles as principal and senior associate at the firm. He earlier spent time as an associate at Strategos.
LinkedInThe funding round was co-led by 3XP Global and Blue Crow Capital to support team expansion and international scaling.
"Everyday, industrial brands across the world are realizing that reducing human errors is not only a persistent competitive advantage, but essential to avoid unmitigated costs."
The equity portion of the round was led by Iberis Capital, with debt financing from SmartLenders Asset Management.
"The demand for workforce upskilling has never been greater. We’re on a mission to plug this gap across Europe while empowering individuals to level-up their careers. Our platform is currently over-subscribed so, with the new funds, we’re looking forward to helping as many people as possible embark on training courses to upskill. We aim to expand our coverage to build the workforce for the future, in particular in areas such as technology, AI and climate change."
Armilar Venture Partners and Caixa Capital Risc co-led the seed round to support the company expansion.
"We are driven to enhance workers in such a way that they can do their work right every time, all the time."
The seed round was co-led by Giant Ventures and Armilar Venture Partners to support expansion into the UK and Europe.
"We are incredibly excited to have secured such high calibre investors and to have received the continued support of our existing investors, who all believe in our mission of removing barriers to education and empowering economic mobility. With StudentFinance, it takes an average of just four months for reskilled students to find more lucrative employment compared to the UK market average, where the majority of graduates only find employment up to 15 months on from completing their studies. The pandemic has only reinforced the need for solutions that enable people to access quality education to secure employment opportunities and we are making it a reality."
