Portugal Ventures invests in UPTEC startups: SpaceO and Windcredible

This funding supports startups in growing their teams, speeding up production, or protecting intellectual property.

Spaceo focuses on solutions to keep space clean and on the removal of satellites after the end of their operational life. It is currently developing an inflatable device to generate drag, designed to significantly speed up the de-orbiting of satellites, thus making the cleaning of space junk up to 10 times faster. Based on its experience, the startup also provides engineering services to the European Space Agency in various technological areas, harnessing its team’s core capabilities and cutting-edge technology.

Windcredible develops and produces vertical axis wind turbines, a renewable energy technology that generates electricity from the wind. Windcredible has a patented design offering several benefits over traditional wind turbines, including the ability to generate energy efficiently, compatibility with urban environments, and suitability for integration into smart grids. A key advantage of VAWTs is their ability to create decentralised energy with low operating costs and minimal maintenance requirements, making them a cost-effective option for customers, especially compared to traditional energy sources.