200M invests in Aptoide
We welcome Aptoide, that joins the ranks of 200M Fund’s investment portfolio with €1.3 million, in partnership with Faurecia – a global leader in automotive technology.
Founded in 2011, Aptoide is one of the largest independent app stores, boasting more than 300 million users, seven billion downloads, and over one million Android apps.
For Marco Fernandes, CEO of PME Investimentos, managing entity of the 200M Fund “this 200M co-investment in Aptoide is a very interesting example of what is intended for this Fund: to co-invest with qualified international private investors in Portuguese startups in global growth phase. Congratulations to Paulo and Álvaro for their success and the round with Faurecia that allows them to enter new segments such as the automobile, a sector that is expected to be increasingly interconnected with the digital world. Without a doubt, a great example for all young Portuguese entrepreneurs.”