
Bright Pixel (formerly Sonae IM)
Description
Bright Pixel, formerly known as Sonae IM, is a globally-oriented venture capital firm based in Maia, Portugal. The rebranding in 2023 marked a strategic evolution of Sonae IM's venture arm, solidifying its identity as a dedicated investor in innovative technology companies. With a clear financial drive, Bright Pixel aims to foster the prosperity of its portfolio businesses, leveraging its deep industry expertise and extensive network.
The firm primarily focuses its investments across three key sectors: Cybersecurity, Digital Infrastructure, and Retail Tech. This specialized approach allows Bright Pixel to identify and support companies with high growth potential, contributing to the digital transformation of various industries. They are active across different funding stages, typically engaging with companies from Seed to Series B rounds, demonstrating flexibility in their investment approach.
Bright Pixel has established a significant track record in the venture capital landscape. The firm manages over €200 million in assets, underscoring its substantial financial capacity. To date, Bright Pixel has invested in more than 50 companies globally, building a diverse and impactful portfolio that includes notable names in their target sectors. Their typical initial investment ranges from $540,000 to $5.4 million, with the capacity to provide substantial follow-on funding as companies scale. This strategic capital deployment, combined with hands-on support, positions Bright Pixel as a valuable partner for ambitious tech startups.
Investor Profile
Bright Pixel (formerly Sonae IM) has backed more than 81 startups, with 11 new investments in the last 12 months alone. The firm has led 33 rounds, about 41% of its total and boasts 13 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in Portugal, United States, Spain.
- Strong thematic focus on Software, Information Technology, Cyber Security.
- Led 5 rounds in the past year.
- Typical check size: $540K – $5.4M.
Stage Focus
- Series A (28%)
- Series B (20%)
- Seed (19%)
- Series Unknown (10%)
- Pre Seed (7%)
- Series C (6%)
- Undisclosed (4%)
- Series D (2%)
- Private Equity (2%)
- Convertible Note (1%)
Country Focus
- Portugal (32%)
- United States (30%)
- Spain (10%)
- Israel (9%)
- France (5%)
- United Kingdom (5%)
- New Zealand (2%)
- Finland (1%)
- Switzerland (1%)
- Singapore (1%)
Industry Focus
- Software
- Information Technology
- Cyber Security
- Saas
- Artificial Intelligence (Ai)
- Analytics
- Security
- Internet
- Network Security
- Machine Learning
Frequently Asked Questions
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