# Semapa Next: portfolio, investments and team > Semapa Next is a vc firm based in Portugal. 2 investments on record, 2 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/semapa-next (Millionrounds; every figure on the page links to its filing or article) Portugal · [Investor](https://millionrounds.com/investors) # Semapa Next Last cheque observed Jun 2026; 2 cheques on record. Email VC firm Deploying now Series A Series B Growth Cyber Security Wealthtech Wellness Follow Semapa Next and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fsemapa-next) Deploying now **100%** of best year **2** **cheques in 12 months**, 2 on record Since the last cheque **155** days **00** hrs **00** min **00** sec Median round **$35M** Cheque size, as they say **$3.0M – $5.0M** Rounds led **0 of 2** Pitch Semapa Next ## Semapa Next highlights - 01 2 cheques in the last 12 months - 02 Mostly Series A and Series B: 100% of its rounds ## What they do > Semapa Next is a venture capital firm that invests in European-based companies aspiring to become global category leaders. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $3.0M – $5.0M as they say - **Stages:** Series A Series B Growth - **Sectors:** Cyber Security Wealthtech Wellness - **Based in:** Lisbon, Portugal - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **Jun** **[Gigaton](https://millionrounds.com/company/gigaton)** Series A · GB · Ventureburn **$26M** With 6 others - **2025** 1 round - **Nov** **[Overstory](https://millionrounds.com/company/overstory)** Series B · NL · Blume Equity **$43M** With 11 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **9** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **15** of 20 we have independently watched raise [Airly](https://millionrounds.com/company/airly)[Constellr](https://millionrounds.com/company/constellr)[Defined](https://millionrounds.com/company/defined-ai)[Flecto](https://millionrounds.com/company/flecto)[Gigaton](https://millionrounds.com/company/gigaton)[Gropyus](https://millionrounds.com/company/gropyus)[Kencko](https://millionrounds.com/company/kencko)[Loqr](https://millionrounds.com/company/loqr)[Overstory](https://millionrounds.com/company/overstory)[Probely](https://millionrounds.com/company/probely)[Realfevr](https://millionrounds.com/company/realfevr)[Soveren](https://millionrounds.com/company/soveren)[Spoke](https://millionrounds.com/company/spoke)[Sybilion](https://millionrounds.com/company/sybilion)[jupus.de/](https://millionrounds.com/company/jupus) Ferodrinks Sonant emotai.tech en.meisterwerk.app oceano-fresco.pt Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Series A Series B Growth Median round joined **$35M** the round, not its cheque Led 0 of 2 rounds **0%** - **Said size:** $3.0M – $5.0M - **Sole investor:** Never alone - **Last cheque:** Jun 2026 Rounds by stage said on their site - Series A said *1* - Series B said *1* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Semapa Next?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Semapa Next put money into. [**Gigaton** $26M · Jun 2026](https://millionrounds.com/company/gigaton)[**Overstory** $43M · Nov 2025](https://millionrounds.com/company/overstory) ## Quick answers about Semapa Next ### What does Semapa Next invest in? Semapa Next invests most often at Series A and Series B (100% of the rounds on record), in sectors such as Cyber Security, Wealthtech and Wellness. ### How active is Semapa Next? 2 investments on record, 2 of them in the last 12 months. The most recent was in Jun 2026. ### What has Semapa Next invested in recently? Its most recent investments on record: Gigaton (Series A, Jun 2026) and Overstory (Series B, Nov 2025). ### How big are Semapa Next's cheques? The median round it joins is $35M. It says it writes cheques of $3.0M to $5.0M. ### Is Semapa Next investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### What kind of investor is Semapa Next? Semapa Next is a VC firm based in Lisbon, Portugal. ### Does Semapa Next take cold pitches? Yes: its own website says it reads unsolicited pitches. ### When was Semapa Next founded? Semapa Next was founded in 2017. ## Raising now? 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