Venture Capital Companies in Portugal

Lunar Strategy understands the significant shift away from traditional marketing strategies that Web3 projects require. Having partnered with leading crypto, NFT and metaverse companies worldwide, Lunar has mastered what it takes to succeed in this ever-competitive landscape. Our approach focuses on what matters most: genuine community growth, strategic partnerships, building long-term engagement and establishing authority

Canopy City is a global network of entrepreneurs and innovators. We support each other to follow our dreams, and share experience to help others learn and build their dreams faster, with less errors and more impact. #FollowYourDreams #tribe

We are a new breed of ecommerce investor, scaling online businesses by providing an investment program built to fund and run online revenue growth. Our goal is to deliver sales and success so ambitious founders can do what they do best.

COREangels is a global brand of hands-on angels, investing in early-stage startups through local portfolio funds. Our funds invest in a portfolio selected by the angels from a pool of startups curated by the leaders. Our angels are doing an incredible job of contributing to their local communities by, not only investing their money in the next generation of entrepreneurs but also mentoring them, with their experience and network. COREangel funds are co-investing across borders, sharing good practices, tools and opportunities using one proven model that merges financial outcomes with angel involvement.

Critical Ventures is a VC that invests in game-changing companies with the power to transform the way the world uses technology, in the areas of IoT, Automatization and Digitalization, Cybersecurity, AI/ML/Descentralised tech, UxD/Interfaces, Mobility and Medical Software. We know that building disruptive tech companies takes more than just capital. As tech entrepreneurs ourselves, we work side by side with the companies we invest in, backing them with funding, time and real expertise. We believe that technology is nothing without the passion of talented people bringing it to life. That’s why we’re dedicated to working with entrepreneurs and startups who share our culture and values. In return, we help to nurture the companies we invest in and grow them organically, in their own time – avoiding round after round of funding. For us, investing isn’t just our business. It’s the chance to make a difference and create something big. From founders for founders

Ganexa Capital is a business angel investment vehicle, led by entrepreneurs with many years of corporate and international success. We invest in exciting, high potential business opportunities and motivated entrepreneurs focused in projects with global reach. If you have a project that is in its initial phase but you think it has all it takes to be global? Talk with us, share your ideas and project. Ganexa Capital might just be the jump start your project needs to reach success. * We have done it in the past. We know how the market works. * We have made our share of mistakes but also reached success. * We have experience and knowledge that can help you in your journey. That is why we invest in people with the right skill set, mentality, drive and ideas to aim for the same kind of success that allowed Ganexa Capital to become a reality. Ganexa Capital invests its time, resources and money, specially in projects in which we believe we can help guarantee an higher probability of success.

33N Ventures is a specialized venture capital company. Its first fund invests across Europe, Israel and the US in early growth-stage companies developing and commercialising emerging technology solutions in cybersecurity and infrastructure software. 33N has an active approach in supporting companies to expand globally, with an experienced and established international team and an extensive global network of leading entrepreneurs, experts, and cybersecurity decision-makers across industries.

Inter-Risco is a reference on the Portuguese private equity market. Over the last 20 years, the firm has invested more than Eur 220 Mn across Iberia in more than 100 companies. Since 2007, Inter-Risco has performed more than 112 proprietary add-on acquisitions, through its differentiating build-up strategies, developing an enviable track-record in the Iberian mid-market. Currently managing an active portfolio of three funds, Inter-Risco team is young and experienced, combining a strong financial background in mergers and acquisitions (M&A), financial audit, private equity and corporate development. With a deep understanding of both European and Latin American markets, we possess the expertise required to navigate the complexities of cross-border investments. Our team has a proven track record of successfully executing structured deals and handling special situations, enabling us to unlock hidden value and capitalize on unique investment prospects.

We are a professional group of angel investors (former Coreangels Portugal) and enthusiastic about supporting growth of promising startups, while generating returns for both parties. For Startups: Get much more than money to fuel the growth of your startup. For Business Angels: Get the best business angel experience and return, while leveraging your knowledge and network to enhance startups’ growth.

Our Investment Strategy Atena invests in high-quality Portuguese companies with ambitious growth, succession or restructuring plans. Atena has substantial experience investing in control-oriented equity and debt instruments, adapting each deal structure to the needs of the seller and the company. Atena’s in-house portfolio development team works closely with the target company’s management team from day one to define and implement transformational projects. Our businesses Since its foundation in 2014, Atena invested essentially in three sectors: Industrials, Healthcare and Business Services. Together they represented more than 300M€ in sales, with over half abroad to more than 40 countries, and more than 2 500 people. Our Team Atena was founded on the premise that it is crucial to have in-house operational experience to make sounder investment decisions and to support the portfolio management teams in the design and implementation of truly transformational projects. Above all, we all share the same culture of Independence, Candor and Merit. Our Funds Atena raised its first Atena I fund in 2014 and is currently investing its third fund raised in 2024. Atena's funds under management have as ultimate beneficiaries its management team and several international (European and US) institutions. Atena Equity Partners and its funds under management are authorised and regulated by the CMVM.

Crest is a private equity firm with an exclusive focus on sustainable and competitive Portuguese businesses. Established in 2017 by a group of professionals with extensive cross-sector experience in the private equity market, Crest invests in businesses with a competitive advantage and high value creation potential, developing partnerships with ambitious entrepreneurs and management teams. The Crest team members have worked together for more than 10 years and led several consolidation and internationalisation strategies for a variety of businesses and sectors. Crest operates under the best market practices with funds from institutional Investors among them pension funds, funds of funds, insurance groups and family offices. Crest is currently investing its second buyout fund, Crest II, with a capitalization of €125M, and divesting from Crest I (€100M, launched in 2018). In 2023, Crest launched a €90M fund to invest in the Agribusiness sector – Crest Agro Fund I.

Alpac Capital invests in Hungarian, Portuguese and neighbouring countries’ SMEs with scale-up potential that develop solutions for the digital transformation of private companies and other institutions. It currently manages an EuVECA (European Venture Capital Fund) regulated by the Portuguese SEC (CMVM) which was founded in 2017. Alpac Capital takes an hands-on approach, making equity investments with active involvement in business development to support a successful scale-up and ensure the highest standards of professional management. Alpac Capital is looking for experienced teams with products and services which have already been successfully tested in the market.

Angels Way (aka AW) is a community-driven investor focused on Portuguese-based early-stage Startups that have a direct impact on making the world a better place through the use of technology. The goal of Angels Way is to support and develop the Portuguese entrepreneurial ecosystem as well as to create a like minded community to bring value to everyone involved.

Ideas as powerful as the ocean - Valuing your blue business to design a better world. We believe in ideas as powerful as the ocean We believe in transforming them into realities. We believe in blue beginnings. We believe in you. Blue Bio Value is an international business acceleration and ideation programme based in Portugal dedicated to the blue bioeconomy.

Who we are: Quadrantis is a Portuguese venture capital management company created in 2014, that promotes sustainable investments capitalizing on the strong track record of its team, focused in generating value for its stakeholders What we invest in: SME in early stages of maturity that present: 1. Recurring revenue, compelling unit economics; 2. High business relevance solutions or models; 3. Scaling and internationalization potential. In which Markets: In growing markets, focused on disruptive high-potential ideias & opportunities, within the areas of expertise of our (extended) team; Our aim is to add not only capital, but also management know-how and networking capabilities that can leverage growth and returns, within the investment target timeframes. In what terms: - We invest in active positions that enable us to drive investments, helping the founders to grow; - We look for creative, fiercely committed teams with disruptive ideas; - We ensure full transparency and continued hands-on and very experienced support; - We invest in opportunities with clear exit strategies, leveraged through our network and proactive management.

Caixa Capital, the private equity investments firm of Portugal’s largest banking group, Caixa Geral de Depósitos, is a pioneering operator in the portuguese market, with more than 340 million euros in assets under management and over 60 investments in private equity, venture capital and third party funds. By benefiting from a vast experience as an investor, and a diverse network of domestic and international partners, Caixa Capital not only aims to add value to its investments portfolio but also to provide for the global expansion of portuguese companies and founders.

We invest in early-stage B2B blockchain startups. We're entrepreneurs with domain expertise in B2B Go-To-Market, actively investing in blockchain since 2016. We add unique value to our investments, helping them achieve Product-Market Fit with our Go-To-Market bootcamp.

Bionova Capital, previously known as Hovione Capital, is a healthcare-focused venture capital firm, investing in early-stage life science companies. It was founded in 2015 by the shareholders of Hovione, one of the largest pharmaceutical companies in Portugal, with manufacturing and research operations in USA, Ireland, China and Portugal. Bionova Capital invests in groundbreaking therapeutics, medtech and digital health startups across Europe.

Start Ventures is a global early-stage Venture Capital investor in B2B startups in the Financial Services sector, particularly in Fintech and Insurtech. Our mission is to support visionary founders and operators who are driving transformational change in the industry through technology. With our network and expertise, we help startups scale and create positive economic impact. We are committed to responsible investing and sustainability and our investment decision focus on startups that can create impact for good. Join our network to stay up-to-date on the latest industry trends, Start Ventures Research publications, portfolio companies updates and events where you can meet our team face to face.

Albatross Capital is a real estate company focused in Spain and Portugal willing to invest as principal investor and operating partner on a wide spectrum of real estate asset classes. As of today Albatross Capital is currently managing 14 developments with an aggregated sales value of €550 million, comprising 1250 residential and commercial units and totalling 150.000 sqm. Albatross Capital has a team with more than 25 years of experience that has invested more than 20bn euros in different geographies with a hands-on management approach. In 2017, jointly with Quantico SA, Albatross raised, and since then advises the Albatross Iberian RE Renovation Fund, an investment vehicle based in Luxembourg, which is focused on identifying residential and office buildings that can be refurbished and re-converted into residential, respectively, located in premium locations in Lisbon, Cascais, Estoril and Porto. In 2018 Albatross established a co-investment strategy to develop big residential projects in Portugal directed to the Portuguese middle class. This platform is currently managing more than 100,000 sqm and is focused on new acquisitions. In 2019 Albatross and Quantico launched their own commercialization agency, Quetzal Properties, in order to distribute and commercialize its prime developments in Portugal and international markets. On top of this, Albatross is willing to invest a significant amount of capital in a wide spectrum of real estate opportunities including residential, hotel, office, retail, logistic, industrial assets, student housing facilities and land.

At N1 Investment Company, we back early-stage B2B startups solving real problems with SaaS and AI. But we’re more than investors — we’re strategic partners who stay close, helping teams go from early traction to real growth. We co-invest with trusted funds across Central and Eastern Europe (CEE), Southern Europe, and the US, and support our companies with everything from go-to-market strategies to legal and operational support. Based in Lisbon, we’re a focused team building long-term partnerships and helping bold founders build the future.

Valutia is a venture capital firm that backs exceptional entrepreneurs from Brazil and Portugal in the early stages of building iconic and global businesses. The firm was founded by Kiko Lumack, a serial entrepreneur with deep roots and connections within Brazil and Europe's startup ecosystem, along with Bruno Lino, a seasoned global executive with nearly two decades of experience in various companies within the 3G Capital portfolio. In addition to the founders and Managing Partners, Valutia has formed a great team of experienced industry experts and a high-quality LP base to support the most promising entrepreneurs on their journeys.

Investment Vehicle on Impact Driven Projects and Startups (pre-seed + seed-stage funding). Either you are an Impact Investor or an Impact Driven Startup, we have a solution for you. Reach out to know more. Funding the World we want to live in!

Investment fund dedicated to developing complex technological projects. We’re Hypra. We launched in March 2022 and have already raised over $50,000,000. The fund focuses on tech-driven companies and makes every project in the portfolio as powerful as possible. First and foremost, we are partners and support. We don't just invest, we help to build massive future businesses. Hypra fund has ready-to-work development teams and opportunities for fast growth. We know how to efficiently set up operational processes and create dream teams.

A Gesventure, SA é uma empresa de prestação de serviços de assessoria estratégica e financeira em operações de pequena e média dimensão, proporcionando soluções adaptadas às diversas fases de desenvolvimento das empresas e uma presença internacional. A primeira venture catalyst a operar em Portugal!

Vis Caeli is the first partner to outstanding entrepreneurs in the blockchain space. Our mission is to be a disruptive, influential force in the innovative world of blockchain technology.

Portuguese Independent Search Fund Raising private capital on a deal-by-deal investment strategy We are: - A Portuguese search fund led by co-founders with a combined track record of over 55 years of experience. - A team implementing tailor-made equity strategies to address growth, turnaround, and succession challenges. - Offering a distinctive and unique combination of strategy, finance, and operational expertise.

The journey from a project to an international company is difficult and filled with challenges. We provide financing, mentoring and access to our contact and partner network. We help you grow your business in the first, most critical, years. We have invested in ICT startups for more than a decade. We have a portfolio of half a hundred companies in Portugal, Spain, USA, Brazil and the Netherlands. Let us help you now on the path to success.

Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, blockchain, internet of things, fintech, cybersecurity and digital companies, targeting primarily investments at Seed to Series A level. Founded in 2017, the team at Indico were previously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.

Seed capital para empreendedores com ideias que queiram iniciar uma empresa Expansion capital para empresas existentes que queiram expandir, de preferência para fora do país Rescue capital para empresas em dificuldades mas cujo projecto possa ser recuperado Muito mais do que dinheiro

Under the motto #Tech4Purpose, Buenavista Equity Partners Portugal's Funds will focus on technologies capable of transforming the world, promoting sustainability, and leaving a viable and promising legacy to generations to come. About Buenavista Equity Partners #Founded in 1996 #AUM €1 000m+ #Present in Europe, the US, and LATAM, #Proprietary Investment model, based on ESG best practices #Proven, solid, and robust history of returns

A CoRe Capital é uma Sociedade Gestora de Capital de Risco com uma ambição clara: contribuir para a regeneração da economia nacional. O setor das pequenas e médias empresas nacionais, que sustenta a economia Portuguesa, foi dos mais atingidos pela crise, recorrendo ao crédito para contornar a queda dos proveitos. São mais de 10 mil PME’s com dívida excessiva que sentem a urgência de um plano que as devolva à ambição com que foram desenhadas. A CoRe é esse plano, investindo o capital dos seus investidores integralmente na restruturação destas empresas e aportando práticas de eficiência e gestão moderna para uma retoma rápida e sustentada.

Semapa Next is a venture capital firm that invests in European-based companies aspiring to become global category leaders. Our focus is Series A stage and we are sector-agnostic. We want to be a long-term partner of exceptional teams that are positively changing the world we live in. Besides investing with patient capital, we bring a mix of entrepreneurial, operational, and financial experience to our investments. Our team and network of advisors has direct experience in Sales & Marketing, Talent Management, Finance, and M&A with businesses across all stages of development. We provide access to Semapa’s Group and its international network of partners to leverage opportunities of business development, technology piloting and world-class expertise in managing and growing global businesses.

NBNS Management & Investment Holding is a group of companies specialised in construction, commodities trading and financial instruments on a global scale. NBNS M&I began its activity over 18 years ago, created an ICF construction technology, based on simplicity and efficiency as modern construction technology. Our in-house architectural and engineering teams, later on, started conceptualizing its own urban development projects, customising for specific regions in Africa and South America. By partnering with local governments and key financial partners, we always kept faithful commitments towards environmental, social and economic sustainability for the local communities. Moreover, NBNS evolved into international commodities trading company and other business development in the countries the Group has its own in-depth knowledge and experience, drawing from the best each region has to offer.

GIVE name after vogt's family and contribution to accelerating finance and new ideas at iberia, clima finance, and the life cycle impact assessment across EU and Portugal. It constitutes ivy leagues alumni, the links to iberian institutes and a trust investment by professors giving back & endow to Vogt's big transformation and capital market at Spain, Portugal, Germany, Latin Financial Management Regions.

We support innovative tech ventures to unlock its potential by providing smart funding and hands-on advisory. Our seasoned team has an entrepreneurial track record and thorough experience operating as an independent VC firm since 2003. We care about our planet, the Humankind and our stakeholders according to the Principles of Responsible Investment.

PATHENA is a Venture Capital firm boosting the success of European Information Technology and Digital Health companies. The team is composed by an experienced group, working together for more than 15 years. With strong international track-record in Entrepreneurship and Venture Capital in Technology and Digital Health, the in-house expertise is complemented by world-class industry experts. Currently with €70M Assets Under Management, PATHENA’s portfolio is composed by 13 active companies operating, among others, in the fields of respiratory diseases, patient’s digital condition recognition, machine vision, and robotics and software. Previous successful Exits include trade sales to strategic players such as Microsoft, Wipro, and Smith Micro. Portfolio overview available @ http://www.pathena.com/portfolio

A NOSSA VISÃO A UP Consulting Consulting é uma empresa constituída por profissionais especializados nos mais diversos sectores, que faculta Serviços de Consultoria Especializada nas áreas de: -Avaliação de empresas, Vendas, Fusões e Aquisições. - Corporate Finance -Estudos económicos (planos de negocio). -Incentivos financeiros e fiscais -Reengenharia de processos empresariais e redução de custos - Desenvolvimento, criação e implementação de estratégias de negócios. - Financiamentos de empresas e projectos Através do nosso conhecimento e especialização, temos como objectivo garantir uma cobertura adequada em todas as áreas de trabalho para as quais somos especializados. Proporcionamos aos nossos clientes uma parceria global e flexível, que se adapta a qualquer cenário e às necessidades mais exigentes. A NOSSA METODOLOGIA Temos como metodologia a prestação do serviço de forma personalizada e simples, que permite atingir os objectivos dos nossos clientes em curto espaço de tempo, e com custos baixos em relação à concorrência. VANTAGENS UP Preços competitivos e ajustados à dimensão de cada cliente; Rapidez e eficácia na prestação do serviço; Simplicidade na prestação de serviço; Apoiar em regime de outsourcing para empresas com reduzidos recursos; Realizar os objectivos e resultados pretendidos pelos nossos clientes.

Founded in 2025 by Joaquim Costa, Battlefield Capital back founders with someone who’s actually built and sold startups. No fluff. No theory. Just founder-level thinking in the boardroom, product clarity that cuts through noise, and execution that actually moves the needle.

A Acttue Ibérica Capital pertence a um fundo de investimento espanhol privado que aposta no desenvolvimento das pequenas e médias empresas com importante potencial de crescimento e destacada vantagem competitiva. Identificamos empresas industriais em situação de risco ou que passam por um processo de reestruturação as quais exigem ações imediatas e que, apesar das dificuldades, possuem grande capacidade de recuperação.

A addBuilding é uma empresa de engenharia que opera no setor da construção civil com a missão de assessorar os seus clientes desde a fase de conceção da construção até à fase de utilização de um imóvel ou empreendimento, prestando serviços nas diversas fases intermédias de diagnóstico, projeto, concurso e fiscalização da obra. Ao integrar verticalmente todas as fases do processo de construção, graças à sua equipa multidisciplinar e especializada em cada uma das áreas, garante o apoio e a defesa constante dos interesses dos seus clientes perante os diversos atores externos, e assegura ainda a contínua otimização dos recursos e sistemas utilizados.

3xP Global We stand for People, Planet, Prosperity. 3XP Global is an Asset Management firm that aggregates a unique track record in terms of ESG Integration in the Investment Process and Active Role by supporting founders during the all life of the investments cycle. Sustainability Best Practices for Sustainable Investments are our Ethos! Being the first financial company as a B Corp in Portugal, 3xP Global has the 17 United Nations SDG’s (Sustainable Development Goals) as key core values, sustained by the idea that along with sustainability comes return. We are UN PRI signatories and follow the GRI Standards Reporting. 3XP Global invests in companies whose sustainable trends and practices create real value for investors while contributing to a more Sustainable EARTH. Regulated and supervised by Portuguese Securities Market Commission (CMVM), 3XP Global ensures full Transparency, Integrity and Independence. We are fully committed to lead all investments to increase companies' sustainability levels into business models. Therefore, 3XP Global provides the leading platform Grow Sustainable connecting founders to international markets, from Europe to Asia and America.

ECS is a leading investment firm based in Portugal. We combine the insight of a regional expert with the capabilities of a global firm, Davidson Kempner Capital Management LP. This partnership enables us to recognize the best opportunities and overcome complex challenges across industries.    At ECS we deploy capital where it unlocks value.​

Olisipo Way is an Early Stage Venture Firm focused on IT investments. Our investments are varied in terms of business areas but we have a natural tendency for B2B projects. We speak the same language as entrepreneurs, the language of business. More than investors, we are also entrepreneurs. Our priority is the choice of the right people and the creation of a community that works as a plus in the lives of our startups.

The Nova Venture Capital & Private Equity Club is Europe's leading VC and PE student consultancy established by students of Portugal-based Nova School of Business & Economics, offering deal origination and portfolio advisory services for leading investment funds. Each semester, the club advises numerous VC and PE funds to find the next unicorn or hidden champion. The club’s members go through a rigorous series of boot-camps and workshops to acquire the skills necessary to succeed in industries such as Venture Capital, Private Equity, Investment Banking, and Consulting. Furthermore, they are provided with the exclusive opportunity to gain hands-on experience from working directly with leading investment funds and expand their network and knowledge through company presentations, career workshops, and panel discussions. Interested in advisory services? Reach out to: novavcpeclub@novasbe.pt

Draycott is a diversified asset manager blending proprietary capital with select family wealth, managed by a world-class team with deep institutional expertise. We invest across Buyouts, Real Estate and Venture, with deep commitment and strong alignment in every investment. With a flexible capital approach and sharp execution, Draycott adapts to each opportunity, combining agility with deep strategic insight to drive long-term value.

At Dealflow.eu, we support the most promising EU-funded startup and innovations to scale up and grow. To do so, we leverage advance data platforms to select and connect the founders to key investors and corporations, and provide tailored support to capitalize on these connections. From thousands of applicants, our startups have received up to €2.5m in grants and €15m in equity thanks to EU support. These ready-to-scale companies have clean cap tables and drive innovations that seek aligned connections to grow across markets.​ ​If you would like to discover more about our startups dealflow or the support that we can provide to EU funded innovations, contact us at team@dealflow.eu

Connectology is an early-stage investment and capacity-building firm. We empower and connect startups, investors, and public organizations, helping them navigate the innovation ecosystem, discover great opportunities, and achieve their strategic goals.

We are an early-stage generalist impact fund 🌱. We invest in brave founders solving the world’s biggest social and environmental challenges.

Ventures.eu is a VC Fund created with the support of the European Commission's Innovation Radar. It has direct access to the thousands of EU funded companies thanks to this (see https://Discover.Dealflow.eu). Leveraging its large corporate network, Ventures.eu receives clear customer validation and invests in the most promising startups of its pipeline.