Indico Capital Partners is announcing five startup investments for a total of €4.4 million through its Google-aligned Indico Founders startup programme.
The latest cohort of Indico Founders Program Powered by Google for Startups now has six companies: identified as the real estate management platform Relive, automated live streaming highlight compilation tool Framedrop, financial data monetisation startup Data4Deals, aquaculture feed supplier Ittinsect, seaweed products supplier Inclita Seaweed Solutions, and biofouling cleanup operator BioMimetx.
Stephan Morais, managing general partner of Indico, said: "We are very happy to welcome these entrepreneurs to the Indico Founders Program. All six companies have great potential and we are particularly happy to start investing in companies that can have a positive impact in the oceans and hence in the climate change crisis we are facing.”
Bernardo Correia, country director of Google Portugal, added: "It is a great pleasure to support another batch of this Indico program supported by Google for Startups. The emergence of ocean tech is perfectly aligned with our values and vision of a sustainable future and we are happy ocean related companies are part of the program.”"