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WISECOMPANY, S.A. – Investment by August One Capital under the RRF

WISECOMPANY, S.A. received an investment of €500,000 through the Atlântico II – Closed-End Alternative Investment Fund for Venture Capital, under the Recovery and Resilience Facility (RRF).

This support aims to boost the technological development and expansion of the GovWise platform, promoting innovation and growth in access to public procurement opportunities.

This project is co-financed by the European Union – NextGenerationEU.

Framework and funding source

The investment is supported by the Recovery and Resilience Facility (RRF) of the Portuguese Republic and is co-financed by the European Union – NextGenerationEU. The RRF is the central implementation instrument of the European Union's Recovery and Resilience Mechanism, through which the Atlântico II fund supports the development of this project.

Beneficiary

WISECOMPANY, S.A.

Investment amount

€500,000

Investment instrument

Atlântico II – Closed-End Alternative Investment Fund for Venture Capital, under the Recovery and Resilience Facility (RRF).

Objectives of the support

The support aims to boost the technological development and expansion of the GovWise platform, promoting innovation and growth in access to public procurement opportunities.

Expected key outcomes

  • Development and technological modernization of the GovWise platform.
  • Expansion of access to public procurement opportunities for companies.
  • Strengthening innovation in public procurement intelligence (collection, enrichment and analysis of public procurement data).
  • Growth and capacity-building of the ecosystem for access to public procurement opportunities.
Recovery and Resilience Facility (RRF) — Portuguese Republic — NextGenerationEU

Co-financed by the European Union – NextGenerationEU, under the Recovery and Resilience Facility (RRF) of the Portuguese Republic.