Investment Firms in Portugal
The ecosystem is anchored by Lisbon's vibrant startup scene and strong university research hubs in Porto and Coimbra, with a historical focus on fostering technology transfer. Government initiatives like Startup Portugal and tax incentives for investors have been instrumental in cultivating a growing venture capital landscape. This has supported the rise of notable activity in sectors such as artificial intelligence, health tech, and clean energy.
Investment activity in Portugal is heavily concentrated in Lisbon, which accounts for 80% of the country's 10 investment firms. Other hubs include Porto and Maia.
AI dominates the investment landscape in Portugal, with 80% of investment firms focused on this sector.
Portugal is a particularly strong hub for early-stage investing, with over 90% of investment firms active at the Seed or Pre-Seed stage.
Last updated: 24 April 2026
Investment Firms
10
Total Investments
98
Top Sector
AI
Top Stage
Series A
Top Investment Sectors in Portugal
The most popular sector focus among Portugal investment firms is AI, with 8 investment firms (80%) investing in the space. This is followed by Healthcare (7), Climate & Energy (5), Food & Agriculture (5), Consumer (3).
Investment Stages in Portugal
Portugal investment firms are most active at the Series A stage (9 investment firms). This is followed by Seed (9), Series B (7).
Browse by City
All Investment Firms (10)
Indico Capital Partners
Lisbon, Portugal
26 investments
Series A, Seed
Climate & Energy, AI, Food & Agriculture …
Faber
Lisbon, Portugal
21 investments
Seed, Series A
Healthcare, AI, Media & Entertainment
Shilling
Lisbon, Portugal
10 investments
Series A, Seed
Travel & Hospitality, Healthcare, Climate & Energy …
EDP Ventures
Lisbon, Portugal
9 investments
Seed, Series A
Climate & Energy, Consumer, AI
Portugal Ventures
Porto, Portugal
9 investments
Seed, Series A
Travel & Hospitality, Healthcare, E-Commerce & Marketplace …
Mustard Seed Maze
Lisbon, Portugal
8 investments
Seed, Series A
Fintech, Developer Tools, Social & Community …
Bynd
Lisbon, Portugal
5 investments
Seed, Series B
Marketing & Advertising, Consumer, SaaS …
Semapa Next
Lisbon, Portugal
4 investments
Series A, Seed
Cybersecurity, Climate & Energy, Food & Agriculture …
Sparkfood
Maia, Portugal
3 investments
Seed, Series A
Data & Analytics, Consumer, Food & Agriculture
Oxy Capital
Lisbon, Portugal
3 investments
Series A, Series B
Healthcare, Robotics & Automation, Enterprise Software