Investors in Portugal
26 funds · Location
26 of the investors profiled here are headquartered in Portugal. 18 of them are based in Lisbon. They lean towards HealthTech, B2B SaaS and FinTech and back companies mainly at Series A, Seed and Series B.
Bright Pixel Capital
CVCMaia, PortugalSeed, Series AConsumer, Dev Tools & Cloud€1M – €10MBright Pixel Capital specializes in sectors such as Retail Technologies, Cybersecurity, and Infrastructure Software, with a strong emphasis on early-stage…
Indico Capital Partners
VC fundLisbon, PortugalPre-Seed, SeedAgriTech, AI / ML€0.5M – €10MIndico Capital Partners is dedicated to supporting tech and sustainable startups from Southern Europe in their journey to global markets.
Iberis Capital
VC fundLisbon, PortugalSeed, GrowthAI / ML, ClimateIberis Capital focuses on impactful investments in the Portuguese economy through a combination of growth and yielding strategies.
Portugal Ventures
VC fundPorto, PortugalPre-Seed, SeedAgriTech, AI / MLPortugal Ventures targets early-stage startups in Portugal with significant international growth potential.
Shilling VC
VC fundLisbon, PortugalSeed, Series AAI / ML, Consumer€100k – €1MShilling invests in early-stage companies with a strong emphasis on community and founder support.
Faber
VC fundLisbon, PortugalPre-Seed, SeedAI / ML, Biotech & Pharma€100k – €2.5MFaber focuses on transformative deep tech innovations that address global challenges.
Armilar Venture Partners
VC fundLisbon, PortugalSeed, Series AAI / ML, Biotech & Pharma€1M – €30MArmilar Venture Partners is dedicated to supporting early-stage technology companies that aim to solve pressing societal issues.
Lince Capital
VC fundLisbon, PortugalSeed, Series AConsumer, Hardware€1M – €30MWhat sets Lince Capital apart is active management and personalized support for portfolio companies.
Bynd Venture Capital
VC fundLisbon, PortugalPre-Seed, SeedAI / ML, Consumer€250k – €1.5MBynd Venture Capital is committed to empowering Iberian tech startups with bold ambitions.
33N Ventures
VC fundPorto, PortugalSeed, Series AAI / ML, Dev Tools & Cloud33N Ventures is recognized as one of the most active European-based investors in cybersecurity and infrastructure software.
EDP Ventures
CVCLisbon, PortugalSeries A, Seed€1M – €11MEDP Ventures invests at Series A, Seed, writes €1M – €11M cheques.
Caixa Capital
CVCLisbon, PortugalSeries A, Series BBiotech & Pharma, Climate€2M – €75MCaixa Capital is a pioneering venture capital firm in Portugal, leveraging its extensive experience and network to support innovative startups.
Start Ventures
VC fundLisbon, PortugalSeed, Series AB2B SaaS, FinTech€1M – €10MStart Ventures is dedicated to transforming the financial sector through technology and innovation.
APEX Capital
VC fundOeiras, PortugalPre-Seed, SeedGaming, MediaAPEX Capital combines athlete-led insights with financial expertise to unlock unique investment opportunities in the sports sector.
Pathena
VC fundPorto, PortugalSeed, Series AB2B SaaS, HealthTech€1M – €10MPathena stands out through its active management approach and deep industry knowledge in digital and health technologies.
Semapa Next
CVCLisbon, PortugalSeries AAgriTech, AI / ML€2M – €30MSemapa Next invests in European companies at the Series A stage with a focus on creating positive global impact.
SHAPERS
VC fundLisbon, PortugalPre-Seed, SeedFinTech€100k – €500kSHAPERS is dedicated to empowering fintech founders with both capital and operational expertise.
Beta Capital
VC fundPorto, PortugalPre-Seed, SeedBiotech & Pharma, Climate€100k – €10MWhat sets Beta Capital apart is a combination of financial support and active involvement in the growth strategies of its portfolio companies.
LC Ventures
VC fundLisbon, PortugalPre-Seed, SeedB2B SaaS€100k – €10MLC Ventures seeks to partner with forward-looking founders exploring innovative ideas in technology.
GED Ventures Portugal
VC fundLisbon, PortugalSeed, Series AHealthTechBuenavista Equity Partners' edge comes from its extensive network and deep market knowledge across various sectors.
Xinomavro Ventures
VC fundPortugalPre-Seed, SeedAgriTech, FoodTech€100k – €10MXinomavro Ventures invests in early-stage companies that are transforming the wine and beverage industries.
MSM
VC fundLisbon, PortugalSeed, Series AAgriTech, AI / ML€1M – €30MMSM is your impact VC partner that helps grow social and environmental outcomes alongside business growth.
Biovance
VC fundLisbon, PortugalSeed, Series ABiotech & Pharma, HealthTech€4M – €30MBiovance Capital is dedicated to empowering early-stage biopharma companies with the resources needed to develop groundbreaking medical treatments.
Pragma Ventures
VC fundPortugalSeed, Series AAI / ML, FinTech€1M – €30MWhat sets Pragma Ventures apart is its deep technical expertise and research capabilities in distributed systems and AI.
Magnify Partners
VC fundLisbon, PortugalGrowthAgriTech, FoodTechMagnify Partners combines investment expertise with a coordinated approach to managing the Golden Visa process for investors.
Draycott
VC fundLisbon, PortugalSeed, Series AHealthTech, Consumer€0.5M – €5MDraycott aims to bring alternative investment opportunities within reach of Portuguese savings.
Where these investors also appear
Questions founders ask
- Which investors in Portugal were most active in the last 12 months?
- By funding rounds on record at Oka in the last 12 months: Bynd Venture Capital (4), SHAPERS (4), Faber (3), Iberis Capital (3) and Lince Capital (3). Counted from rounds reported in the press; unreported rounds are not included.
- At which stages do investors in Portugal invest?
- Most often at Series A, Seed and Series B, by the stages these funds name on their profiles.
- Which sectors do investors in Portugal focus on?
- The most named sectors are HealthTech, B2B SaaS and FinTech.
- How many investors in Portugal does Oka list?
- 26 funds, as of October 2026.
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