
Portugal Ventures
Description
Portugal Ventures is a prominent public-private venture capital firm based in Porto, Portugal, established in 2012 through the merger of three state-owned venture capital entities. Its core mission is to foster the growth of Portuguese startups with high potential for global expansion, primarily focusing on innovative companies within the technology, life sciences, and tourism sectors. As a key player in the Portuguese startup ecosystem, the firm aims to bridge funding gaps and provide strategic support to early-stage ventures, contributing significantly to the nation's economic development and innovation landscape.
The firm's investment strategy is centered on identifying and backing companies that demonstrate strong innovation, scalability, and a clear path to internationalization. Portugal Ventures typically invests in seed and early-stage rounds, often participating in co-investment models alongside private venture capital firms and business angels. This collaborative approach allows them to leverage broader expertise and capital, maximizing the impact on their portfolio companies. Their commitment extends beyond capital injection, providing mentorship, networking opportunities, and strategic guidance to help startups navigate the complexities of growth and market entry.
Portugal Ventures manages a substantial pool of capital, with over €300 million (approximately $324 million) in funds under management, enabling them to make significant investments across various stages. Their portfolio is extensive, comprising over 180 companies that span diverse sub-sectors within their core focus areas. For initial investments, Portugal Ventures typically writes checks ranging from €250,000 to €1.5 million (approximately $270,000 to $1.62 million), depending on the stage, capital requirements, and potential of the startup. They also provide follow-on funding to support the continued growth of their most promising portfolio companies, demonstrating a long-term commitment to their ventures.
Through its strategic investments and active involvement, Portugal Ventures plays a crucial role in strengthening the Portuguese innovation ecosystem. By providing essential early-stage capital and strategic support, they empower local entrepreneurs to develop groundbreaking solutions and compete on a global scale. The firm's presence helps to attract further private investment into Portuguese startups, creating a more vibrant and dynamic environment for technological advancement and economic prosperity. Their efforts are instrumental in transforming innovative ideas into successful businesses, thereby contributing to job creation and national competitiveness.
Investor Profile
Portugal Ventures has backed more than 316 startups, with 4 new investments in the last 12 months alone. The firm has led 50 rounds, about 16% of its total and boasts 29 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Pre Seed rounds (top funding stages).
- Majority of deals are located in Portugal, United States, United Kingdom.
- Strong thematic focus on Software, Health Care, Information Technology.
- Led 1 rounds in the past year.
- Typical check size: $270K – $1.6M.
Stage Focus
- Seed (63%)
- Series Unknown (18%)
- Pre Seed (10%)
- Series A (5%)
- Convertible Note (2%)
- Series B (1%)
- Series C (1%)
Country Focus
- Portugal (85%)
- United States (8%)
- United Kingdom (3%)
- France (1%)
- Spain (1%)
- Philippines (1%)
- The Netherlands (1%)
Industry Focus
- Software
- Health Care
- Information Technology
- Biotechnology
- Artificial Intelligence (Ai)
- E-commerce
- Internet
- Medical Device
- Medical
- Manufacturing
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.