Organization · Venture Capital
MSM fund (Mustard Seed Maze)
MSM Fund, also known as Mustard Seed Maze, is an early-stage impact venture capital firm based in Lisbon, Portugal, focusing on European startups that address social and environmental challenges.
Overview
What MSM fund (Mustard Seed Maze) does
What MSM fund (Mustard Seed Maze) is
MSM Fund, also known as Mustard Seed Maze, is an early-stage impact venture capital firm based in Lisbon, Portugal, focusing on European startups that address social and environmental challenges.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2018
- Approximate age
- About 8 years
- Structured capabilities
- Funder
- Last reviewed
- May 4, 2026
Official channels
Find MSM fund (Mustard Seed Maze) elsewhere
Open the official website or a supported primary organization account.
Capability profile
MSM fund (Mustard Seed Maze) as a funder
Investment thesis
Mustard Seed Maze partners with European founders building sustainable, scalable businesses that drive measurable social or environmental outcomes aligned with the UN SDGs, while achieving venture-grade financial returns.
Focus narrative
MSM invests in ventures that align with the United Nations Sustainable Development Goals (SDGs), emphasizing sectors such as health, education, economic growth, industry innovation, sustainable cities, and climate action. The fund targets companies at various stages of growth, from pre-seed to Series A, and seeks to partner with founders who are solving pressing social and environmental issues.
Value beyond capital
MSM adds value to its portfolio companies by acting as an impact VC partner that helps them grow both their impact KPIs and revenue simultaneously. The fund provides strategic guidance, access to networks, and resources to support the scaling of sustainable businesses.
Focus and fit
- Stages
- Pre-seed · Seed · Series A
- Regions
- Europe
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 49
- Recorded notable exits
- Loctax
Portfolio context
Notable portfolio companies include: Biorce: An AI-driven platform that automates clinical trial processes, improving efficiency and reducing costs. Samara: A new-generation energy company providing a subscription model for energy that combines hardware, software, and energy services. Yurtle: A platform aimed at supporting caregivers in the workplace and addressing caregiver burnout. Win-Win: A company producing sustainable, low-carbon alternative ingredients for chocolate. Maven: An AI and human-driven veterinary service that monitors pet health. Orbital Materials: A firm utilizing generative AI for materials discovery. Uplink: A company focused on improving global connectivity through innovative software solutions. FINDS: A peer-to-peer second-hand fashion marketplace that leverages video and social engagement.
Common questions
What to know about MSM fund (Mustard Seed Maze)
Upseed classifies MSM fund (Mustard Seed Maze) under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 4, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.