Dutch entrepreneur David Zwagemaker replaces Hugo Augusto as Startup Lisboa’s Entrepreneur in Residence.

Zwagemaker, 32, is continuing the work developed by Augusto, former Entrepreneur in Residence of Startup Lisboa and current Managing Director of the Techstars Lisbon program.

Startup Lisboa‘s Entrepreneur in Residence initiative began with Augusto in March of 2018, and it now continues with Zwagemaker, who founded his first company in 2015, a marketplace for painters in Germany, which he sold in 2017. Since then he’s been helping other startups as an advisor and investor.

Read More: Startup Lisboa incubator names 1st Entrepreneur in Residence

He is now joining the Startup Lisboa team as the Entrepreneur in Residence to support incubated companies in a wide range of topics, from business and go-to-market strategies to fundraising and financial modeling.

Zwagemaker holds a double bachelor’s degree in Law and Economics from the Erasmus University in Rotterdam and has worked in companies such as Rocket Internet and Booz & Company, accumulating experience in the startup scene and strategic consulting.

In April, he decided to move to Lisbon “after seeing the city’s great atmosphere, the growing startup ecosystem and the beautiful beaches and parks near Lisbon,” he said.

The Dutch entrepreneur is also the Founder and CEO of Ducat, which is a private investment fund for cryptocurrency investments. It offers investors exposure to a broad range of digital assets, from well-known currencies such as Bitcoin and Ethereum to new upcoming tokens.

The new Startup Lisboa Entrepreneur in Residence is also an Angel investor at Oaky and LUM Capital, and he is an advisor to MedApp Nederland.

When Startup Lisboa’s first Entrepreneur in Residence was announced, the Lisbon-based incubator said that it would be looking for a permanent position in the long run, but for the time being the slot would be occupied on a temporary basis by other entrepreneurs with a profile similar to that of Augusto.

It remains to be determined whether or not Zwagemaker will occupy the position temporarily or indefinitely.

Startup Lisboa’s previous Entrepreneur in Residence, Augusto, decided to leave Chicago and return to Lisbon after successfully selling one of the first startups incubated at Startup Lisboa, MyChild.

MyChild, was an education startup that was sold in 2016 to Brightwheel.

It was developed as a parent engagement tool to help centers/schools to focus on child development instead of paperwork – daily sheets, portfolios and assessments.

Its Software as a Service (SaaS) was designed to enable day care teachers to provide immediate information updates on the activities of children at the day care center. The information is accessible to parents online, anytime, anywhere.

MyChild’s initial key services were in information reports, photos and videos private sharing and event management.