About Connected
Connected is a company based in Coimbra (Portugal) founded in 2023 by Helder Oliveira, Raquel Magalhaes, Tiago Rebelo, and Andre Guerra was acquired by Open Cosmos in July 2025. It operates as a Data-as-a-Service. Connected has raised $2.16 million across 1 funding round from investors including Open Cosmos, Fundbox Capital and Shilling VC. Connected offers products and services including Hosted Payload Platform. Connected operates in a competitive market with competitors including Dhruva Space, Sierra Space, NanoRacks, Hadrian and Manastu Space, among others.
- Headquarter Coimbra, Portugal
- Founders Helder Oliveira, Raquel Magalhaes, Tiago Rebelo, Andre Guerra
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Connected
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.16 M (USD)
in 1 rounds
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Latest Funding Round
$2.16 M (USD), Seed
Feb 20, 2024
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Investors
Open Cosmos
& 5 more
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Employee Count
Employee Count
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Acquired by
Open Cosmos
(Jul 03, 2025)
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Products & Services of Connected
Connected offers a comprehensive portfolio of products and services, including Hosted Payload Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for narrowband IoT connectivity from space.
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Funding Insights of Connected
Connected has successfully raised a total of $2.16M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.16 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.2M
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First Round
First Round
(20 Feb 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Seed - Connected | Valuation | Fundbox Capital , Shilling |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Connected
Connected has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Open Cosmos, Fundbox Capital and Shilling VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Shilling VC.
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Founded Year | Domain | Location | |
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Iberis Capital is recognized as a leading private equity and venture capital manager in Portugal.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Connected
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Connected
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Connected Comparisons
Competitors of Connected
Connected operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dhruva Space, Sierra Space, NanoRacks, Hadrian and Manastu Space, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of full stack space engineering solutions
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| domain | founded_year | HQ Location |
Engineering solutions are developed for space transportation, habitation, and applications.
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| domain | founded_year | HQ Location |
Space habitats are manufactured for microgravity research facilities.
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| domain | founded_year | HQ Location |
Hadrian is involved in manufacturing for future technologies.
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| domain | founded_year | HQ Location |
Green propulsion systems for satellites are manufactured using hydrogen peroxide.
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| domain | founded_year | HQ Location |
Materials and products for space solutions are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Connected
Frequently Asked Questions about Connected
When was Connected founded?
Connected was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Connected located?
Connected is headquartered in Coimbra, Portugal.
Who is the current CEO of Connected?
Tiago Rebelo is the current CEO of Connected. They have also founded this company.
Is Connected a funded company?
Connected is a funded company, having raised a total of $2.16M across 1 funding round to date. The company's 1st funding round was a Seed of $2.16M, raised on Feb 20, 2024.
What does Connected do?
Connected, now a unit of Open Cosmos, is focused on delivering affordable and standardized IoT connectivity from space. Its proprietary hosted payload platform supports narrowband IoT communications using protocols like 5G NB-IoT and mioty. Applications are developed for sectors such as infrastructure monitoring, emergency response, ocean surveillance, smart agriculture, and off-grid renewable energy systems. Solutions are designed to reduce the cost and complexity of space-based communications, contributing to European space sovereignty and industrial growth in Portugal.
Who are the top competitors of Connected?
Connected's top competitors include Dhruva Space, Manastu Space and Sierra Space.
What products or services does Connected offer?
Connected offers Hosted Payload Platform.
Who are Connected's investors?
Connected has 6 investors. Key investors include Open Cosmos, Fundbox Capital, Shilling VC, Iberis Capital, and Octopus Ventures.