Angels Way Doubles Down on AI with New Investments in Medgical and Dojo AI

Angels Way has made two new community-driven investments of €50,000 each, backing Medgical, an AI healthcare startup based in Águeda, and Dojo AI, a marketing technologies platform for SMEs. These investments bring the fund’s total deployed capital to €150,000 across three early-stage Portuguese startups, following a €50K investment into Granter AI earlier this year.

Medgical is tackling the growing administrative burden in the healthcare sector with an AI system specifically trained on Portuguese clinical speech. The platform automatically transcribes and summarizes doctor–patient consultations in real time. In the Portuguese NHS alone, clinicians spend up to 30 million hours annually on administrative tasks. Medgical’s solution, already tested in over 10,000 consultations, reduces up to two hours of clinician workload per day. It also shares explanations of diagnoses and medications with patients, addressing the common issue of low retention and recall of medical information.

Dojo AI brings enterprise-level marketing capabilities to small and medium-sized businesses through a unified platform powered by AI agents. It integrates customer data, segmentation, and campaign tools into a single dashboard, enabling SMEs to execute advanced marketing strategies without large teams or external agencies. This accessibility helps level the playing field between large corporations and smaller businesses.

These startups were selected through Angels Way’s unique democratic model, in which 436 individual investors, each contributing a minimum of €1,200, reviewed and voted on more than 40 startup applications. The focus was on selecting ventures with strong tech foundations and real-world impact. According to Tocha, executive partner at OW Ventures, AI is a powerful force for productivity across industries, and both Medgical and Dojo AI embody that potential.

The investments reflect Angels Way’s mission to support AI-driven Portuguese startups that offer tangible business value and societal benefit. Medgical improves healthcare efficiency, while Dojo AI gives smaller businesses access to powerful marketing tools previously out of reach. As portfolio companies, they reinforce the fund’s commitment to practical, impactful innovation.

With €150,000 invested so far and more funding rounds ahead, Angels Way continues to build a diverse portfolio of 20 early-stage companies. These ventures are united by a common thread: using technology to address meaningful challenges. By empowering a broad community of investors to co-decide where capital flows, Angels Way is reshaping early-stage investing in Portugal and proving that innovation and inclusion can go hand in hand.