Infraspeak, based in Porto, has designed an infrastructure management solution that automates, optimises and simplifies the management processes of maintenance operations, cleaning, inspections in complex infrastructures such as hotels, shopping centres, hospitals and airports, it added.

The investment raised allows the company to enter new markets, as well as boost its growth in markets where it is already present such as Portugal, Brazil, Spain, the US and the UK.

In these countries, Infraspeak already works in more than 25,000 client facilities such as the Intercontinental and Sheraton hotels, Siemens, McDonald’s, L’Oreal and Mitsubishi Electric.

The start-up was founded in 2015 by Luís Martins and Felipe Ávila da Costa and increased sales by three digits consecutively over the last three years, according to the information released.

Cited in the statement, Felipe Ávila da Costa, executive chairman of the company, recalled that the team of Indico has supported Infraspeak since the beginning and stressed that the focus of the group now is the expansion of business globally.

According to the chairman, the demand for maintenance and infrastructure management software is at the highest level ever, which leads the company to want to advance as quickly as possible to more markets.

Launched by Indico Capital Partners, the fund Indico Capital Partners VC I, to support companies launching in the technological area, has €47 million already committed in total and aims to identify, invest and capitalise on the most promising Iberian start-ups and invest between €150,000 and €5 million per company, the statement said.