Fund profile
Portugal Ventures
Portugal
Leading
About
Portugal Ventures, founded in 2012, is a prominent venture capital firm in Portugal that focuses on early-stage investments. As part of the Portuguese promotional bank Grupo Banco Português de Fomento, Portugal Ventures aims to boost the country's entrepreneurial ecosystem by providing financial and strategic support to innovative startups. The firm has invested over €214.8 million since its inception, managing a diverse portfolio that spans various sectors, including technology, life sciences, and tourism. Notable investments include Farfetch, Principle Power, and Fyde. In 2022, Portugal Ventures invested €18.6 million in 42 startups, highlighting its commitment to fostering innovation despite economic uncertainties. Portugal Ventures operates several investment initiatives such as Call INNOV-ID, which targets early-stage startups with developed technology but still in prototype or proof-of-concept phases. This initiative, in partnership with the National Innovation Agency, has seen significant success, investing €5.5 million in 55 startups across three editions. Other initiatives include Call Tourism and Call FIT, aimed at promoting innovation in tourism and fostering new technologies. The firm emphasizes co-investments and partnerships to strengthen its portfolio companies. In 2022, it made follow-on investments totaling €9.8 million in 25 companies, ensuring they have the capital to scale and thrive. Notable follow-on investments include Aptoide, Probely, and Didimo
Details
Highlights
$54.4k
Historical average check
$11.8M
Historical max check
May 2024
Last investment date
310
Investments
Real Estate & Proptech
Data & Analytics
Healthtech & Wellness
Software & Apps
Food & Beverage
B2B
Hardware. Robotics & IoT
Other
Contacts