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Corporate VCPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 13 SOURCES

CTT 1520 Innovation Fund

Corporate venture fund of CTT (Correios de Portugal)

Also known as Fundo de Inovação CTT, Fundo 1520, TechTree

CTT's corporate innovation fund (ex-TechTree), fully financed by CTT and managed by Iberis Capital; €8M for seed, Series A and growth startups and SMEs; 9 investments by Nov 2025.

HEADQUARTERS
Portugal
FOUNDED
2021
AUM
€8M (2025)
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
4 people

Focus

STAGES
SeedSeries AGrowth
SECTORS
Consumer & E-commerceMobility & LogisticsFintechMedia & EntertainmentClimate & EnergySoftware & SaaS
ASSET MIX
Venture capitalDirect investments
GEOGRAPHY
Portugal

Overview

The 1520 Innovation Fund (originally the Fundo de Inovação CTT, later branded TechTree) was created by CTT – Correios de Portugal in April 2021 with €4M and reinforced to €8M at the end of 2023. It is fully financed by the CTT group, its management is entrusted to Iberis Capital, and deals are operated and followed by CTT's 1520 Startup Program. It invests in seed, Series A and growth startups and SMEs in e-commerce, operations and logistics, communications, fintech, retail, advertising and sustainability. As of November 2025 CTT reported nine investments: KIT-AR, Sensefinity, Habit, Fraudio, Paynest, Ubirider, Neuralshift, GoFact and ZeroPact.

Investment thesis

Invest in seed, Series A and growth startups and SMEs in sectors aligned with CTT's priorities (e-commerce, operations & logistics, communications, fintech, retail, advertising, sustainability), with co-investment possible alongside investor networks.

PORTFOLIO (9)

  • FraudioNOTABLE
    Fintech · since 2023
  • PaynestNOTABLE
    Fintech · since 2023
  • UbiriderNOTABLE
    Mobility & Logistics · since 2024
  • ZeroPactNOTABLE
    Climate & Energy · since 2025
  • KIT-AR
    Industrial & Manufacturing · since 2022
  • Sensefinity
    Software & SaaS · since 2022
  • Habit Analytics
    Fintech · since 2022
  • Neuralshift
    Artificial Intelligence · since 2024
  • GoFact
    Software & SaaS · since 2024

People

  • Nuno Matos
    Diretor de Digital, Transformação e Inovação · source
  • Carlos Bhatt
    Responsável da Gestão de Inovação · source
  • Nuno Freitas
    Equipa · source
  • Paulo Teixeira
    Equipa · source

Links

Frequently asked questions

CTT 1520 Innovation Fund is a corporate venture arm based in Portugal, founded in 2021.

Yes. CTT 1520 Innovation Fund invests its own capital in private companies.

CTT 1520 Innovation Fund invests at Seed, Series A and Growth stages in Consumer & E-commerce, Mobility & Logistics, Fintech, Media & Entertainment, Climate & Energy and Software & SaaS.

Key people at CTT 1520 Innovation Fund include Nuno Matos (Diretor de Digital, Transformação e Inovação), Carlos Bhatt (Responsável da Gestão de Inovação), Nuno Freitas (Equipa) and Paulo Teixeira (Equipa).

CTT 1520 Innovation Fund's investments include Fraudio, Paynest, Ubirider, ZeroPact, KIT-AR, Sensefinity, Habit Analytics and Neuralshift, among others.

The most recent publicly reported investment by CTT 1520 Innovation Fund is ZeroPact, announced in Nov 2025.

CTT 1520 Innovation Fund states that it accepts submissions through its official contact page.

No. CTT 1520 Innovation Fund invests its own capital and does not raise money from outside investors.