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 86% of the country's 7 investment firms. Other hubs include Porto.
AI dominates the investment landscape in Portugal, with 86% of investment firms focused on this sector.
Portugal is a particularly strong hub for early-stage investing, with over 100% of investment firms active at the Seed or Pre-Seed stage.
Last updated: 13 March 2026
Investment Firms
7
Total Investments
79
Top Sector
AI
Top Stage
Series A
Top Investment Sectors in Portugal
The most popular sector focus among Portugal investment firms is AI, with 6 investment firms (86%) investing in the space. This is followed by Healthcare (6), Climate & Energy (5), Food & Agriculture (3), Consumer (3).
Investment Stages in Portugal
Portugal investment firms are most active at the Series A stage (7 investment firms). This is followed by Seed (7), Series B (5), Growth (1).
Browse by City
All Investment Firms (7)
Indico Capital Partners
Lisbon, Portugal
26 investments
Series A, Seed
Climate & Energy, AI, Food & Agriculture …
Faber
Lisbon, Portugal
18 investments
Seed, Series A
Healthcare, AI, Media & Entertainment …
Shilling
Lisbon, Portugal
9 investments
Series A, Seed
Healthcare, Travel & Hospitality, Climate & Energy …
Mustard Seed Maze
Lisbon, Portugal
7 investments
Seed, Series A
Fintech, Developer Tools, Social & Community …
EDP Ventures
Lisbon, Portugal
7 investments
Series A, Seed
Climate & Energy, Consumer, AI
Portugal Ventures
Porto, Portugal
7 investments
Series A, Seed
Healthcare, E-Commerce & Marketplace, Climate & Energy …
Bynd
Lisbon, Portugal
5 investments
Seed, Series A
Marketing & Advertising, Consumer, SaaS …