Fundo NOS 5G
Corporate venture fund (sole investor: NOS Group; managed by Armilar Venture Partners) of NOS, SGPS, S.A.
Also known as NOS 5G Fund, NOS 5G
€10M venture fund financed solely by telecom group NOS and managed by Armilar; invests in Portugal-based startups using 5G-enabling or 5G-enabled technologies. Six investments by 2024.
Corporate venture fund financed solely by Portuguese telecom group NOS and managed by Armilar Venture Partners. Not to be confused with NOS Hub 5G or the Acelerador 5G programme.
- HEADQUARTERS
- Portugal
- FOUNDED
- —
- AUM
- €10M (2020)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- —
Focus
- STAGES
- Seed
- SECTORS
- Software & SaaSArtificial IntelligenceHealthTechIndustrial & ManufacturingMedia & Entertainment
- ASSET MIX
- Venture capital
- GEOGRAPHY
- Portugal
Overview
Fundo NOS 5G is a €10 million venture fund whose sole investor is the NOS Group. It is managed by Armilar Venture Partners and started operating in June 2020, with an estimated five-year investment horizon. It invests in Portugal-based startups with 5G-enabling or 5G-enabled technologies, including network technology, IoT, data and analytics, cloud, augmented and virtual reality and cybersecurity. By September 2024 NOS reported six investments: Reckon, Knok, KIT-AR, DareData, Didimo and MindProber.
Investment thesis
Portugal-based companies with disruptive products aiming at global reach, built on 5G-enabling or 5G-enabled technologies (network technology, IoT, data and analytics, cloud computing, AR/VR, cybersecurity).
PORTFOLIO (6)
- Reckon.aiNOTABLEArtificial Intelligence · since 2021
- knokHealthTech · since 2021
- KIT-ARIndustrial & Manufacturing · since 2022
- DareDataArtificial Intelligence
- DidimoSoftware & SaaS
- MindProberMedia & Entertainment
Links
Frequently asked questions
Fundo NOS 5G is a corporate venture arm based in Portugal.
Yes. Fundo NOS 5G invests its own capital in private companies.
Fundo NOS 5G invests at Seed stage in Software & SaaS, Artificial Intelligence, HealthTech, Industrial & Manufacturing and Media & Entertainment.
Fundo NOS 5G's investments include Reckon.ai, knok, KIT-AR, DareData, Didimo and MindProber.
The most recent publicly reported investment by Fundo NOS 5G is KIT-AR (Seed), announced in Jun 2022.
Fundo NOS 5G states that it accepts submissions.
No. Fundo NOS 5G invests its own capital and does not raise money from outside investors.