# Top 15 B2B VC (Venture Capital) Funds in Portugal in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Caixa Capital | 10 | Portugal, United States, Spain | Seed, Series A | Software, Information Technology, Health Care |
| Faber | 6 | Portugal, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, Machine Learning, SaaS |
| Armilar Venture Partners | 5 | Portugal, United States, United Kingdom | Series A, Seed | Software, Information Technology, Manufacturing |
| Join Capital | 5 | Germany, United Kingdom, Spain | Seed, Series A | Software, Artificial Intelligence, SaaS |
| EQT Ventures | 3 | Sweden, Germany, United States | Series A, Series B, Seed | Software, Information Technology, SaaS |
| Shilling | 3 | Portugal, Spain, United States | Seed, Pre-Seed, Series A | Internet, Information Technology, Software |
| Pathena | 2 | Portugal | Seed, Series A, Series C | B2B, Marketing, Advertising |
| Innovation Nest | 2 | Poland, United States, United Kingdom | Seed, Series A | Software, SaaS, Information Technology |
| Omnes Capital | 2 | France, United States, Belgium | Series A, Series B | Software, Biotechnology, Health Care |
| Workday Ventures | 1 | United States, Canada, United Kingdom | Series B, Series A | SaaS, Software, Artificial Intelligence |
| Investo | 1 | United States, Mexico, Chile | Seed, Pre-Seed, Angel | E-Commerce, Internet, Software |
| Notion Capital | 1 | United Kingdom, United States, Germany | Series A, Seed, Series B | Software, SaaS, Information Technology |
| LeadX Capital Partners | 1 | Germany, France, United Kingdom | Seed, Pre-Seed, Series B | Restaurants, SaaS, Software |
| Wefunder | 1 | United States, Israel, Senegal | Seed, Pre-Seed, Equity Crowdfunding | Software, SaaS, E-Commerce |
| Isomer Capital | 1 | United Kingdom, United States, Austria | Seed, Series A, Series B | Software, Artificial Intelligence, Machine Learning |

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