Portugal Ventures is a venture capital firm that is part of the Banco Português de Fomento group, investing in innovative Portuguese startups with global potential. Founded in 2012 and headquartered in Porto, the firm focuses on Digital & Technology, Manufacturing & Technology, Therapeutics & Health Tech, and Tourism sectors at pre-seed, seed, and Series A stages.
Their most common stage is seed (43% of deals). Average disclosed round size is $12.7M (across 13 rounds with reported amounts).
Portfolio
34
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
Afonso Granate Fernandes
Investment Manager
Alexandre Santos
Investment professional (invested in technology and life sciences companies)
Ana Terra
Venture Capital & Private Equity investor
Filipa Ferreira
Investment Manager
Nuno Filipe Macedo
Senior Investment Manager
Nuno O.
Investment manager
Silvia Silva
Investment Manager
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Winalist | Seed | — | Jun 2025 |
 Azitek | Unknown | — | Jun 2024 |
 Tonic App | Series A | — | Mar 2024 |
 C Mo Medical Solutions | Unknown | — | Jan 2023 |
 Probely | Series A | — | Nov 2022 |
 Didimo | Series A | $7.2M | Oct 2022 |
 Didimo | Series A | $7.2M | Oct 2022 |
 Aptoide | Series B | $12M | Oct 2022 |
| C Mo Medical Solutions | Seed | — | Jan 2022 |
 Reckon.ai | Seed | — | Sep 2021 |
 Barkyn | Series A | $9.6M | Apr 2021 |
 Nutrium | Seed | $4.9M | Oct 2020 |
 Defined AI | Series B | $50.5M | May 2020 |
| DDefinedCrowd | Series B | $50.5M | May 2020 |
 Pruvo | Seed | $1.1M | Mar 2020 |
 Digital Manager Guru | Seed | — | Jan 2019 |
 Jscrambler | Series A | — | Mar 2018 |
| Didimo | Seed | — | Jan 2018 |
 Gleam | Seed | — | Jul 2013 |
 Doppio | Seed | $1M | — |
 BHOUT | Seed | $10M | — |
 Glartek | Unknown | — | — |
 Lovys | Series A | — | — |
| Lovys | Seed | $3.3M | — |
 Mediaprobe | Unknown | $5.6M | — |
Top Co-Investors
Last updated: 9 September 2026