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    Portugal Ventures

    Porto, PortugalFounded 2012

    Portugal Ventures is a venture capital firm that primarily invests in early-stage Portuguese startups, focusing on sectors such as tourism, digital technology (including software), industrial technology, therapeutics, and life sciences. Their strategy aims to boost the global success and international competitiveness of these companies by providing funding, strategic guidance, and access to global networks.

    They made 1 investments in the last 12 months. Their most common stage is seed (44% of deals). Average disclosed round size is $10.4M (across 9 rounds with reported amounts).

    Find people at Portugal Ventures on Goldilocks AI

    Portfolio

    9

    Fund Size

    $274M

    Top Stage

    Seed

    Last 12 Mo

    1

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    9 investments
    CompanyRoundAmountDate
    WWinalistSeed$1MJun 2025
    Tonic App logoTonic AppSeries A$10.8MMar 2024
    AAptoideSeries B$12MOct 2022
    RReckonSeed$1.5MSep 2021
    BBarkynSeries A$9.6MApr 2021
    NNutriumSeed$4.9MOct 2020
    DefinedCrowd logoDefinedCrowdSeries B$50.5MMay 2020
    Jscrambler logoJscramblerSeries A$1.9MMar 2018
    Gleam logoGleamSeed$940KJul 2013

    Top Co-Investors

    Armilar2 shared
    Kibo1 shared
    EDP Ventures1 shared
    Mastercard1 shared
    Semapa Next1 shared
    Bynd1 shared
    Ironfire1 shared
    Sonae IM1 shared
    Five Seasons Ventures1 shared
    Shilling1 shared
    Faber1 shared
    Bright Pixel1 shared

    Last updated: 24 April 2026