About Critical Ventures
Critical Ventures is a venture capital firm founded in 2011. It is primarily based out of Coimbra, Portugal. As of May 2024, Critical Ventures has invested in 11 companies. It primarily invests in Series A round in Australia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and HealthTech. Most recently it participated in the $***** Series B round of RunSafe Security Overall, Critical Ventures portfolio has seen 3 acquisitions, namely Retmarker. A lot of funds co-invest with Critical Ventures, with names like Change Partners sharing a substantial percentage of its portfolio. Critical Ventures has team of 7 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Critical Ventures' List of Top Investments
Critical Ventures has a portfolio of 11 companies. Their most notable investments are in Twinzo and RunSafe Security.Their portfolio spans across Portugal, Australia, Finland and 2 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 11 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Critical Ventures:_1583132770653.png?format=webp&height=120&width=120){kind=logo}
Critical Links provides an education appliance and an ICT platform to move the learning and school management in the cloud. The appliance works where there is either limited internet connectivity or no connectivity at all and hence is useful not only to modernize schools but also to provide edtech solutions to schools and colleges in rural areas. Provides a platform for third party LMS, SMS and other education software to be deployed. Moodle is already integrated with the appliance so moodle based courses can be used.
Key facts about Critical Links
- Founded Year: 2006
- Location: Fairfield (Australia)
- Stage: Series A
- Total Funding till date: $11.2M
- Employee Count: 23 as on Jul 01, 2024
- Investors: Critical Ventures, Portugal Ventures and 4 Others
- Latest Funding Round: Series A, Sep 01, 2008, $*****
- Highlight: Editors' Pick
Developer of embedded software cybersecurity solutions for automotive, medical, and aerospace. The company provides tools for software bill of materials generation, vulnerability identification, and runtime code protection. It offers solutions for teams including product leaders, developers, engineers, and product security teams. The company supports industries such as industrial automation, high-tech manufacturing, energy, and railway.
Key facts about RunSafe Security
- Founded Year: 2015
- Location: Mclean (United States)
- Stage: Series B
- Total Funding till date: $27.3M
- Employee Count: 16 as on Jul 01, 2024
- Investors: BMW i Ventures, Alsop Louie Partners and 13 Others
- Latest Funding Round: Series B, May 10, 2024, $*****
- Highlight: Editors' Pick
Critical Manufacturing provides MES software products and professional services to high-tech manufacturing companies, including semiconductor, solar and electronics. Founded in 2009, the company is headquartered in Portugal and has received a number of notable certification and awards such as ISO 9001-UKAS Management System certification and COTEC SME Innovation Network award.
Key facts about Critical Manufacturing
- Founded Year: 2009
- Location: Porto (Portugal)
- Stage: Series A
- Employee Count: 346 as on Jul 01, 2024
- Investors: Critical Ventures, Europa and 1 Other
- Latest Funding Round: Series A, Aug 01, 2018, $*****
- Highlight: Editors' Pick
4. Twinzo
Developer of a digital twin platform for industrial applications. The platform provides visualization and analytics for logistics, production, quality, and energy consumption. It connects to existing data sources and real-time location systems. The platform aims to provide insights for process optimization and management.
Key facts about Twinzo
- Founded Year: 2008
- Location: Bratislava (Slovakia)
- Stage: Seed
- Total Funding till date: $2.49M
- Investors: Critical Ventures, Soulmates Ventures and 2 Others
- Latest Funding Round: Seed, Jun 2023, $*****
5. Retmarker
Retmarker, formerly known as Critical Health, is a spinout from Critical Software that develops diagnostic solutions for ophthalmic disorders. Its flagship product RetmarkerC consists of its proprietary algorithm that is compatible with leading fundus cameras. Field technicians can use their fundus cameras to take retinal images, which are then uploaded to a central server. Here, the images are automatically analyzed to detect the presence of lesions and diagnose diabetic retinopathy. This analysis is sent back along with recommendations to the field technician who uses the results to advise the patient. In addition, the company is developing other solutions, such as RetmarkerAMD for age-related macular degeration (AMD), as well as RetmarkerC to monitor progress of disease in both AMD and DR. Retmarker is also a distributor of Medisoft EMR software in Portugal.
Key facts about Retmarker
- Founded Year: 2008
- Location: Coimbra (Portugal)
- Stage: Acquired
- Employee Count: 7 as on Jul 01, 2024
- Investors: Critical Ventures and PME Investimentos
- Highlight: Acquired
Critical Ventures' Year-on-Year Investment Trends
Critical Ventures has invested in 12 companies over the last 18 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in RunSafe Security.Critical Ventures' Investments by Stage
Critical Ventures has made 2 investments in Seed stage with an average round size of $2.49M, 1 investment in Series A stage with an average round size of $5.7M and 1 investment in Series B stage with an average round size of $12.4M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Critical Ventures' Investments by Sector
Critical Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, Enterprise Infrastructure and Industrial Goods and Manufacturing. Notably, it has invested in 11 Enterprise (B2B) companies, 10 Tech companies, 8 Software companies and at least 4 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
High Tech | 3 |
Vertical SaaS | 3 |
Enterprise Infrastructure | 2 |
Industrial Goods and Manufacturing | 2 |
Others | 7 |
Note: We have considered here, only first round of investments
Critical Ventures' Investments by Geography
Critical Ventures has made most investments in Australia (1), followed by Portugal where it has made 1 investment.Country | No. of Investments |
|---|---|
Australia | 1 |
Portugal | 1 |
Slovakia | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Critical Ventures' recent investments
Critical Ventures has not made any investment in 2026 so far.Here are the most recent investments by Critical Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 10, 2024 | United States | Series B | 1488 | [+7] | |
Jun 2023 | Slovakia | Seed | 2826 | [+2] | |
Nov 27, 2012 | Portugal | Seed | 6866 | - | |
Sep 01, 2008 | Australia | Series A | 5667 | [+3] |
Acquired companies in Critical Ventures' Portfolio
3 companies from Critical Ventures' portfolio have been acquired. The most recent acquisition were Retmarker in Jan 2022 by Meteda.Here are Critical Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 19, 2022 | - | - | 6525 | |
Jun 08, 2017 | Nov 27, 2012 | Seed | 9827 | |
May 13, 2011 | - | - | 6936 |
Team profile of Critical Ventures
Critical Ventures has a team of 7 members including 5 Partners and 1 Principal located in Portugal. Critical Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Critical Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Lisbon | - | ||
Partner | Coimbra | - | ||
Partner | Coimbra | - | ||
Partner | Coimbra | - | ||
Partner | Porto | - | ||
Principal | Coimbra | - |
Co-investors of Critical Ventures
Over the past 18 years, 19 investors have co-invested in Critical Ventures's portfolio companies. This includes only funds.
- Invested before Critical Ventures: Lockheed Martin, NextGen Venture Partners and 3 others have invested in rounds before Critical Ventures. There is 1 company where Lockheed Martin has invested before Critical Ventures and 1 company where NextGen Venture Partners has invested before Critical Ventures.
- Top Co-investors of Critical Ventures: 13 investors entered a company along with Critical Ventures. These include investors like Change Partners (1 company).
- Invested after Critical Ventures: Hudson Fairfax Group (1 company) is the only investor which has invested in Critical Ventures's portfolio after their investments.
Recent News related to Critical Ventures
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RunSafe Security raises $12M to drive global expansion and product developmentSiliconAngle•Sep 17, 2024•GE Aerospace, Lockheed Martin, Schneider Electric, RunSafe Security and 9 others
•
Daylight Raises $3M in Seed FundingFinSMEs•Dec 01, 2022•Daylight, Framework Ventures, Chapter One, OpenSea and 16 others
