Portugal

Angel Ways invests in two more startups to expedite bureaucracy in SMEs

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 10/11/2026, 07:11:24 UTC.

Briefings

Angel Ways invested two startups, Extraflow and Clara, in November 2026 to reduce administrative burdens for Portuguese SMEs. The first fund raised 1.2 million euros from 400 investors and reached 90% of its 20-startup target. Clara focuses on invoicing software, while Extraflow handles industrial procurement. Both platforms integrate with major ERP systems like SAP and Sage.

Key points

• Angel Ways invested two startups, Extraflow and Clara, in November 2026 to reduce administrative burdens for Portuguese SMEs.
• The first fund raised 1.2 million euros from 400 investors and reached 90% of its 20-startup target.

Context

Angel Ways aims to accelerate bureaucracy reduction for Portuguese SMEs through two new investments. The first fund raised 1.2 million euros from 400 investors and reached 90% of its 20-startup target.

Limitations

Evidence covers only two startups and one fund; expansion to Spain is unconfirmed. Investment figures are estimates from the source text.

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