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Portuguese deep tech fund raises over €32m for blue economy projects

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Portuguese deep tech fund raises over €32m for blue economy projects

The fund’s first investment in the blue economy and climate action is in Fuelsave, a German cleantech company.

Faber, a Portuguese emerging technology venture capital firm, announces that its Faber Blue Pioneers I fund exceeded its initial target of €30 million to close at €32 million.

Southern Europe’s first venture capital fund focused on “deep tech” for ocean sustainability and climate change has already made its first investment in Fuelsave, a German cleantech company.

Announced late last year, Faber Blue Pioneers I is funded by institutional investors with an impact strategy such as the European Investment Fund (FEI) and Portugal Blue, Sociedade Francisco Manuel dos Santos (through its part of Movendo Capital), Builders Initiative (the philanthropic arm of Builders Vision, impact platform founded by Lucas Walton, dedicated to creating a more humane and healthy planet and with an investment strategy in the oceans), the Calouste Gulbenkian Foundation and the Champalimaux Foundation, as well as entrepreneurs Peter Reeve, co-founder of SolarCity, CEO of Aqualink and president of Sofar Ocean Technologies, and Pedro Bizarro , co-founder and chief scientist of Feedzai.

Thus, the fund completes its first closure with a core of investors who are in full agreement with the thesis of the fund, with sustainable and investment programs on a global scale in this area, accompanied by successful entrepreneurs who want to support and contribute to the sustainability of the oceans and climate action, which Faber hopes to leverage with additional investors to join the fund’s closed end by the end of 2022.

AI and climate and ocean data

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Faber combines a dedicated focus on early stage deep tech startups (pre-seed and seed) with thematic funds, teams and dedicated advisors who actively work with entrepreneurs to build global artificial intelligence (AI) and climate companies. and ocean data and technology.

The goal of the fund is to invest in a portfolio of 20-25 early stage companies that develop innovative high-tech solutions with global ambitions in areas such as blue biotechnology, food innovation, ocean clean-up technologies or the decarbonization of many industries. with a clear contribution to the achievement of UN Sustainable Development Goals 13 and 14.

The fund is managed by a dedicated investment team led by Rita Souza and Carlos Esteban (Partners) and Bruno Ferreira (Venture Partner) with extensive experience in investment, entrepreneurship and technology. The team will work closely with a network of experts, including strategic adviser Thiago Pitta e Cunha (CEO of the Oceano Azul Foundation) and scientific advisors Susana Moreira and Joana Moreira da Silva (science and innovation researchers at Ciimar), as well as with other scientists and industry representatives. experts.

At the time of the first closing, the specialized investment group (based between Lisbon and Barcelona) analyzed more than 600 start-ups from all over Europe, with a particular focus on those starting in the Iberian Peninsula or elsewhere. geographically and who are looking for a suitable partner to expand their activities in Portugal and thus take advantage of the conditions that the country offers to launch high-tech and innovative projects in the blue economy.

The fund’s first investment was in Fuelsave, a German cleantech company focused on the decarbonization of the marine industry, and Faber already has additional investments nearing completion and to be completed over the next few weeks.

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“We are proud to announce Faber Blue Pioneers I’s first major plan above the original goal with a remarkable group of investors who share our strong belief that science and entrepreneurs can accelerate innovation and have a positive impact on ocean and climate resilience. action. We are also very pleased to welcome Fuelsave to the fund’s portfolio as we believe its team will pave the way for the decarbonization of the maritime industry,” says Alexandre Barbosa, Managing Partner of Faber.

Faber is the first Iberian partner of 1000 Ocean Startups, a global coalition of incubators, accelerators, venture capital funds and other platforms dedicated to accelerating innovation with a positive impact on the oceans and supporting at least 1000 startups that are transforming the sustainability of the oceans, oceans and making a significant contribution to the Goal. United Nations in the field of sustainable development 14.

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“The Portuguese coach has the ability to adapt quickly”

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"The Portuguese coach has the ability to adapt quickly"

PAulo Fonseca couldn’t have dreamed of a better start to the French Championship, beating Auxerre 4-1.

in an interview provided by the official media of Lillethe Portuguese coach explained what philosophy to apply in the French club this season.

“My philosophy is to have the ball. Dominate games. Make the team play the ball with great dynamics. With a strong reaction when we lose the ball. It’s hard for me when I feel like the team doesn’t have the ball. … be the protagonist of the game and I like to dominate. I have to know what to do with the ball. I have to know how I can find the right moments and spaces to attack,” Paulo Fonseca began.

“Sometimes I pay special attention to central defenders. Not because I was a fantastic player, but because I wasn’t. But I know how they feel at certain moments in the game. Sometimes I pay more attention to some details. went through those moments and those details,” he added.

The coach also named 4-2-3-1 as his preferred tactical system: “It’s a system that we can use against any other system. However, the system is something static only at the beginning of the game. everything is different. It depends on the dynamics of the team. It depends on the movements you want from the team. For me, the initial system is not the most important. More than that, it’s team dynamics.”

When asked what coaches inspired him in his career, Paulo Fonseca pointed to the Portuguese without hesitation.

“Many Portuguese coaches inspire me. I have many names in several fields that inspire me a lot. We have a good coaching school. The federation with this president changed football in Portugal a lot. So many Portuguese coaches around the world. We have the ability to adapt to different countries and different styles of play. I think the Portuguese coach has this ability to quickly adapt to different circumstances,” Paulo Fonseca said, calling Guardiola “an inspiration”. “It’s the best in the world,” he concluded.

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Read also: Lille de Paulo Fonseca starts with everything in the new edition of Ligue 1

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Fernando Pimenta leads a delegation of 23 kayakers at the European Championships in Munich.

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Fernando Pimenta leads a delegation of 23 kayakers at the European Championships in Munich.

Limiano will compete in the K1 500, 1000 and 5000, as well as the K2 1000 with Joao Duarte, with whom he won gold in the World Cup.

The Portuguese canoeing team, which won four medals at the World Championships in Canada, three of them with the participation of Fernando Pimenta, will compete at the European Championships in Munich from 18 to 21 August with 23 athletes.

“If in the most important event of the year we managed to get this amount, we believe that in Europe the canoeing team will continue to delight the Portuguese, like us, in several crews, clear contenders for the podium”, said Lusa, the president of the federation, Vítor Felix .

The nine present in Halifax – seven from the Olympic team and two from the Paralympic team – will be boosted to include the rest of the women’s team, joined by Teresa Portela, as well as the canoe team, for a total of five elements. that Halifax failed.

Paracanoe, who had Norberto Murao’s bronze in VL2, also doubles, competing in Germany with four elements.

Fernando Pimenta is returning to compete in several 500m, 1000m and 5000m events and will be redoubled in his desire to win the gold he failed in Canada.

The Portuguese’s disappointment ran to five hundredths of a second in the K1 1000 and 300 thousandths in the K2 500 mixed in with Teresa Portela, and in the K1 5000 he was forced to give up with a broken rudder while leading the race.

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Limiano will compete in the K1 500, 1000 and 5000, as well as the K2 1000 with Joao Duarte, with whom he won gold in the World Cup.

Also of note is the K2 500 of Joao Ribeiro and Messias Baptista, fifth in the World Championships after gold and bronze in the World Cups, who later joined Emanuel Silva and David Varela in the reorganized K4 500 which was seventh. In Canada.

Teresa Portela will run the K1 200m and 500m finishes sixth and 10th in Halifax, on a team that in Germany will have the experience of fellow Olympians Francisca Laya, Joana Vasconcelos and Hélder Silva.

European canoeing is part of a multi-sport event that brings together nine modalities.

Entry and competition from Portugal to the European Championship in Munich

– 200 meters:

K1 Teresa Portela.

K1 Kevin Santos.

C1 Helder Silva.

C1 Ines Penetra.

– 500 meters:

K1 Fernando Pimenta.

K1 Teresa Portela.

K2 Joao Ribeiro/Messias Baptista.

K2 Francisca Laia/Joana Vasconcelos.

K4 Joao Ribeiro/Messias Baptista/Emanuel Silva/David Varela.

K4 Francisca Carvalho/Francisca Laya/Ana Brito/Maria Rey.

C1 Helder Silva.

C2 Marco Apura/Bruno Afonso.

C2 Ines Penetra/Beatrice Lamas.

– 1000 meters:

K1 Fernando Pimenta.

K2 Fernando Pimenta/Joao Duarte.

– 5000 meters:

K1 Fernando Pimenta.

C1 Beatrice Lamas.

Paracanoe:

VL2 Norberto Murao.

KL1 Alex Santos.

KL1 Floriano Jesus.

KL2 Hugo Costa.

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Lawyer Rafael Ramos confident in the innocence of the Portuguese

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Lawyer Rafael Ramos confident in the innocence of the Portuguese

Last week, the STJD decided to convict Rafael Ramos for practicing racist slurs. Photo: (Silvio Avila/Getty Images)

As soon as he became aware of STJD’s complaint against Portuguese right-back Rafael Ramos of Corinthians for the racial injury inflicted on midfielder Edenilson of Internacional, the Portuguese player’s lawyer gave an interview, believing in the innocence of his client.

Daniel Byalsky spoke with sports newspaper and on the basis of investigations conducted to confirm that Rafael Ramos’ innocence would be proven: “Existing investigations support Rafael’s vehement denial that he did not commit any racial crime against another player.” innocence will be proven.”

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Last Friday, the auditor of the STJD (Supreme Court for Sports Justice) Paulo Sergio Feuuz, who was in charge of investigating a complaint of racial slurs committed by Rafael Ramos, a right-back for Corinthians, against Edenilson, an Internacional midfielder, concluded that the Portuguese player was found clear signs of racial violations, and filed a complaint with the prosecutor based on article 243-G of the CBJD (Brazilian Code of Sports Justice), which concerns: “the use of discriminatory, disparaging or outrageous prejudice based on ethnicity, race, gender, color, age, an elderly person or a person with a disability”.

In a 2-2 draw, the Colorado player who won the Parque San Jorge accused the Portuguese defender of calling him a “monkey” in an argument about the ball on the turf of the Beira Rio stadium. After the match, the Corinthians player was arrested by police at the scene of the crime, still at Inter’s home, and had to pay a bail of 10,000 reais to be released.

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Penalties foreseen for a player may include a suspension of 5 to 10 matches and a fine of 100,000 to 100,000 reais. Corinthians could be expelled from the Brazilian championship if the violation is considered particularly serious.

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