Indico Capital Partners

Indico Capital Partners stands as the leading independent Venture Capital firm in Portugal, dedicated to investing in global technology companies. Based in Lisbon, the firm plays a pivotal role in fostering the growth of innovative startups, primarily focusing on Seed to Series A stage investments. Their strategic focus encompasses a broad spectrum of high-growth sectors, including Software-as-a-Service (SaaS), Artificial Intelligence (AI), Fintech, Deeptech, Marketplaces, Digital Health, and Web3, reflecting a commitment to disruptive technologies with global potential.

The firm's investment strategy is characterized by significant initial capital injections designed to fuel early-stage growth. Indico Capital Partners typically deploys first checks ranging from €500,000 to €5 million. Translating this to US Dollars, their initial investment range is approximately $540,000 to $5,400,000, positioning them to support startups through critical development phases. Beyond capital, Indico emphasizes providing strategic guidance and access to a robust network, aiding portfolio companies in scaling operations and achieving international market penetration.

Indico Capital Partners manages two primary funds, underscoring its substantial capital base and long-term commitment to the venture ecosystem. The first fund, Indico Capital Partners I, was launched in 2017 with a capital commitment of €50 million. Building on this success, they subsequently launched Indico Capital Partners II in 2021, which secured €70 million. Collectively, these funds represent a significant pool of capital, enabling the firm to build a diverse portfolio of over 40 companies to date.

Their portfolio boasts several high-profile successes and promising ventures. Notable investments include Unbabel, a leading AI-powered language operations platform, and Remote, a global HR platform simplifying international hiring. Indico has also seen successful exits, such as Defined.ai, an AI data platform acquired by Welocalize, and Infraspeak, a facility management software company acquired by Siemens Smart Infrastructure. These achievements solidify Indico Capital Partners' reputation as a key player in the European tech investment landscape, consistently identifying and nurturing companies with strong growth trajectories.