# Shapers: portfolio, investments and team > Shapers is a vc firm based in Portugal. 5 investments on record, 4 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/shapers (Millionrounds; every figure on the page links to its filing or article) Portugal · [Investor](https://millionrounds.com/investors) # Shapers Last cheque observed Oct 2026; 5 cheques on record. Email VC firm Deploying now Last fund $1.7M, May 2025 Seed Series A Series B Venture Capital & Private Equity Follow Shapers and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fshapers) Deploying now **100%** of best year **4** **cheques in 12 months**, 5 on record Since the last cheque **7** days **00** hrs **00** min **00** sec Median round **$17M** Rounds led **1 of 5** Pitch Shapers ## Shapers highlights - 01 4 cheques in the last 12 months - 02 Mostly Seed and Series A: 80% of its rounds - 03 Led 1 rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Venture Capital & Private Equity - **Based in:** Lisbon, Portugal - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **5 appearances** - **2026** 3 rounds - **Oct** **[Ravical](https://millionrounds.com/company/ravical)** Seed · Financial IT **$17M** With 3 others - **Sept** **[Complaion](https://millionrounds.com/company/complaion)** Seed · IT · Firms' own news pages **$15M** With 11 others - **Jun** **[Talentir](https://millionrounds.com/company/talentir)** Seed · AT · Tenity **$4.5M** *Led* - **2025** 2 rounds - **Nov** **[Deblock](https://millionrounds.com/company/deblock)** Series A · FR · Silicon Canals **$35M** With 7 others - **Sept** **[Finary](https://millionrounds.com/company/finary)** Series B · FR · Ventureburn **$29M** With 6 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 Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** GB **Gaetan Bouilliez** Manager of the General Partner i Filing they signed TM **Thomas Magalhaes Teixeira da Mota** Manager of the General Partner i Filing they signed We also hold **1** person 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 the register says From the firm's own filings with the SEC, which it must file accurately by law **$10M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Shapers TM LDA - **SEC number:** CRD 336435 Latest fund on file **$1.7M** raised in May 2025 From its SEC filing. Nothing newer is on file yet. ## The cheque Seed Series A Series B Median round joined **$17M** the round, not its cheque Led 1 of 5 rounds **20%** - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Seed *3* - Series A *1* - Series B *1* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Speedinvest](https://millionrounds.com/fund/speedinvest) 2 **Pitching Shapers?** 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 *→* ## Who they invest alongside The investors most often in the same rounds as Shapers. A count of rooms they were both in, not a relationship either has claimed. [**Speedinvest** VC firm **2** rounds together](https://millionrounds.com/fund/speedinvest) ## Recently backed The latest companies Shapers put money into. [**Ravical** $17M · Oct 2026](https://millionrounds.com/company/ravical)[**Complaion** $15M · Sept 2026](https://millionrounds.com/company/complaion)[**Talentir** $4.5M · Jun 2026](https://millionrounds.com/company/talentir)[**Deblock** $35M · Nov 2025](https://millionrounds.com/company/deblock)[**Finary** $29M · Sept 2025](https://millionrounds.com/company/finary) ## Quick answers about Shapers ### What does Shapers invest in? Shapers invests most often at Seed and Series A (80% of the rounds on record), in sectors such as Venture Capital & Private Equity. ### How active is Shapers? 5 investments on record, 4 of them in the last 12 months, and it led 1. The most recent was in Oct 2026. ### What has Shapers invested in recently? Its most recent investments on record: Ravical (Seed, Oct 2026), Complaion (Seed, Sept 2026) and Talentir (Seed, Jun 2026). ### How big are Shapers's cheques? The median round it joins is $17M. ### Does Shapers lead rounds? Yes: it led 1 of its 5 investments on record (20%). ### Is Shapers investing now? Yes: it is actively investing, with 4 investments in the last 12 months. ### Who does Shapers invest alongside? Most often Speedinvest (2 rounds together). ### What kind of investor is Shapers? Shapers is a VC firm based in Lisbon, Portugal. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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