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Accelerator / StudioAllocates capital directlyLAST VERIFIED Oct 2026 · 9 SOURCES

SURFnCODE

Also known as SURFnCODE Limited

Startup studio in Matosinhos (Porto) that co-builds pre-seed and seed companies with founders. Website unchanged since 2019 (latest journal post July 2019).

HEADQUARTERS
Porto, Portugal
FOUNDED
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AUM
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OUTSIDE CAPITAL
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TEAM LISTED
5 people

FOCUS

STAGES
Pre-SeedSeed
GEOGRAPHY
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WHAT IT IS

Accelerator / Studio. Accelerators and venture studios that invest their own or programme capital in very early companies, for equity.

ABOUT

SURFnCODE describes itself as a startup studio in Portugal that backs founders and works as a co-founder, supplying product, engineering, design and marketing teams at pre-seed and seed. Its founders previously worked on products at Skype, Apple, Microsoft and Veniam, and the site says the team holds over 100 patents. Its office is in Matosinhos, Porto, and London-based Luminous Ventures partners Isabel Fox and Lomax Ward are listed as Venture Partners.

INVESTMENT THESIS

Co-founder model: works alongside founders on product discovery, engineering and go-to-market, with in-house teams that transfer to the startup when it is ready.

TEAM

  • Shadi Mahassel
    Co-Founder & CEO · source
  • Koen Vos
    Co-Founder & Chief Scientist · source
  • John Chang
    Co-Founder · source
  • Isabel Fox
    Venture Partner · source
  • Lomax Ward
    Venture Partner · source

LINKS

FAQ

SURFnCODE is a accelerator based in Porto, Portugal.

Yes. SURFnCODE invests directly in private companies.

SURFnCODE invests at Pre-Seed and Seed stages in Software & SaaS.

Key people at SURFnCODE include Shadi Mahassel (Co-Founder & CEO), Koen Vos (Co-Founder & Chief Scientist), John Chang (Co-Founder) and Isabel Fox (Venture Partner).

SURFnCODE states that it accepts submissions through its official contact page.