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Lince Capital

Europe, Lisboa, Portugal, Lisbon

Description

Lince Capital is an independent venture capital firm headquartered in Lisbon, Portugal, established in 2008. The firm positions itself as a key investor in innovative and high-growth potential companies, primarily within the Portuguese and broader European markets. With a strategic focus on supporting businesses that demonstrate strong management teams, clear competitive advantages, and scalable business models, Lince Capital plays a significant role in the regional startup ecosystem.

The firm's investment strategy targets both early-stage and growth-stage companies, with a notable emphasis on technology-driven businesses. While technology forms a core part of their portfolio, Lince Capital also explores opportunities across various other sectors, including healthcare and industrial applications, demonstrating a diversified approach. As of 2020, Lince Capital managed funds with total assets under management reaching approximately €30 million, enabling them to deploy capital into promising ventures. They are known for their active participation in funding rounds, often collaborating with other investors to provide robust financial backing.

Lince Capital's typical first cheque sizes range from approximately $500,000 for early-stage investments, such as seed rounds, up to around $4,000,000 for more mature, growth-stage opportunities. Their portfolio includes well-known companies like Uniplaces, a student accommodation platform, and Defined.ai, an AI data solutions provider, showcasing their commitment to supporting companies through various growth phases. The firm's approach often involves participating in syndicated rounds, providing capital alongside strategic guidance to help their portfolio companies scale and achieve their market potential.

Investor Profile

Lince Capital has backed more than 24 startups, with 7 new investments in the last 12 months alone. The firm has led 13 rounds, about 54% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Portugal, United Kingdom, United Arab Emirates.
  • Strong thematic focus on E-Commerce, Consumer Applications, Home Services.
  • Led 2 rounds in the past year.
  • Typical check size: $500K – $4M.

Stage Focus

  • Seed (54%)
  • Series Unknown (29%)
  • Series A (8%)
  • Convertible Note (4%)
  • Series C (4%)

Country Focus

  • Portugal (79%)
  • United Kingdom (8%)
  • United Arab Emirates (4%)
  • Brazil (4%)
  • United States (4%)

Industry Focus

  • E-commerce
  • Consumer Applications
  • Home Services
  • Marketplace
  • Information Technology
  • Apps
  • Artificial Intelligence (Ai)
  • Health Care
  • Fitness
  • Wellness
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Lince Capital frequently co-invest with?

M4 Ventures
Europe, Lisboa, Portugal, Lisboa
Co-Investments: 4
Portugal Ventures
Europe, Lisboa, Portugal, Porto
Co-Investments: 2
Shilling
Europe, Lisboa, Portugal, Lisbon
Co-Investments: 3
Boost Capital Partners
Europe, Westminster, United Kingdom, Mayfair
Co-Investments: 2
Explorer Investments
Europe, Lisboa, Portugal, Lisboa
Co-Investments: 3
Iberis Capital
Europe, Lisboa, Portugal, Lisbon
Co-Investments: 4
Indico Capital Partners
Europe, Lisboa, Portugal, Lisbon
Co-Investments: 6
Olisipo Way
Europe, Lisboa, Portugal, Lisbon
Co-Investments: 2
BlueCrow Capital
Europe, Lisboa, Portugal, Lisboa
Co-Investments: 3
Failup Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2

Which angels does Lince Capital often collaborate with?

CB
Europe, Lisboa, Portugal, Lisbon
Shared Deals: 1
Pankaj Chaddah
Asia, Haryana, India, Gurgaon
Shared Deals: 1
Deepinder Goyal
Asia, Delhi, India, New Delhi
Shared Deals: 1
JS
Europe, Lisboa, Portugal, Lisbon
Shared Deals: 1
MG
North America, Connecticut, United States, West Haven
Shared Deals: 1
FC
North America, Florida, United States, West Palm Beach
Shared Deals: 1
CM
North America, Connecticut, United States, Fairfield
Shared Deals: 1
Sebastian De La Rosa
North America, British Columbia, Canada, Squamish
Shared Deals: 1
AF
Europe, Ile-de-France, France, Paris
Shared Deals: 1

What are some of recent deals done by Lince Capital?

Sword Health

New York, New York, United States

Sword Health offers AI-powered physical therapy solutions for pain recovery at home.

Artificial Intelligence (AI)Health CareMedicalmHealthTherapeutics
Series UnknownJun 17, 2025
Amount Raised: $40,000,000
Speedbird Aero

Franca, Sao Paulo, Brazil

Speedbird Aero is the first company in Latin America to develop / operate unmanned aerial systems (sUAS/Drones) to deliver products.

Air TransportationAutonomous VehiclesDeliveryDrone ManagementDrones
Series UnknownMay 7, 2025
Amount Raised: $4,000,000
OSCAR

Lisbon, Lisboa, Portugal

OSCAR is a home services app that offers a platform for booking various on-demand home services for customers.

AppsConsumer ApplicationsHome Services
SeedMay 2, 2025
Amount Raised: $6,788,144
pleez

Lisboa, Lisboa, Portugal

Pleez is a food-tech startup with platform that aggregates and uses delivery data to improve restaurant management.

AppsData MiningPrice ComparisonRestaurants
Series UnknownNov 6, 2024
Amount Raised: $3,000,000
Sensei

Lisbon, Lisboa, Portugal

Sensei offers a scalable, seamless store-wide solution that empowers the stores of the future to be check-out and cash free.

AnalyticsArtificial Intelligence (AI)Computer VisionRetailRetail Technology
Series AOct 22, 2024
Amount Raised: $15,990,722
Bling Energy

Lisboa, Lisboa, Portugal

Bling Energy is a startup that focuses on providing more efficient and sustainable energy solutions, mostly through solar panels.

EnergyEnergy Efficiency
SeedSep 12, 2024
Amount Raised: $2,215,811
FRVR

London, England, United Kingdom

FRVR is a gaming distribution platform that connects players with browser-based games.

AndroidCasual GamesGamingSoftwareVideo Games
Series UnknownAug 13, 2024
Amount Raised: $12,700,000
OSCAR

Lisbon, Lisboa, Portugal

On-demand app for home services with fixed prices.

Consumer ApplicationsHome ServicesMarketplace
Series UnknownMay 29, 2024
Amount Raised: $6,480,720
Vawlt

Lisbon, Lisboa, Portugal

Vawlt is a dynamic storage platform that simplifies the operation of multiple clouds while improving data security standards.

Cloud Storage
SeedMar 12, 2024
Amount Raised: $2,349,213
Zeoos

Lisboa, Lisboa, Portugal

Zeoos offers to accelerate and simplify direct sales to end customers in the marketplace (Direct to Consumer).

E-CommerceInformation TechnologyMarketplace
SeedMar 5, 2024
Amount Raised: $1,085,589