# Top 25 Energy Startup Investors in Portugal in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Portugal Ventures | 10 | Portugal, United States, France | Seed, Pre-Seed | Software, Health Care, Information Technology |
| Caixa Capital | 5 | Portugal, United States, Spain | Seed, Series A | Software, Information Technology, Health Care |
| HCapital Partners | 3 | Portugal | Seed, Series A | Information Technology, Software, SaaS |
| MSM | 2 | United Kingdom, Germany, Portugal | Seed, Pre-Seed, Series A | Information Technology, Software, B2B |
| COREangels | 1 | Spain, Portugal, United Kingdom | Seed, Pre-Seed, Angel | Software, E-Commerce, Information Technology |
| FORWARD.one | 1 | The Netherlands, Portugal, United Kingdom | Seed, Series A | Semiconductor, Information Technology, Audio |
| Armilar Venture Partners | 1 | Portugal, United States, United Kingdom | Series A, Seed | Software, Information Technology, Manufacturing |
| Wayra | 1 | Spain, United Kingdom, United States | Seed, Pre-Seed | Software, Information Technology, SaaS |
| Ganexa Capital | 1 | Portugal, United States, United Kingdom | Seed, Pre-Seed | Health Care, Fitness, Wellness |
| SHIFT Invest | 1 | The Netherlands, Belgium, Portugal | Seed, Series A, Series B | Biotechnology, Manufacturing, Information Technology |
| InterCapital | 1 | United Kingdom, Portugal | Seed | SaaS, Human Resources, Biofuel |
| Marc de Jong | 1 | Portugal | Seed | Sensor, Software, Wind Energy |
| Acumen | 1 | United States, India, Kenya | Seed, Series A | Financial Services, Health Care, Agriculture |
| Critical Software | 1 | Portugal | Pre-Seed | FinTech, CleanTech, Crowdfunding |
| Future Energy Ventures | 1 | Germany, Israel, United States | Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Verdane | 1 | Sweden, Norway, Germany | Private Equity, Series A | E-Commerce, Software, Information Technology |
| Teak Capital | 1 | Portugal, United States | Seed, Series D | Biofuel, Wearables, Biotechnology |
| Gorilla Capital | 1 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| 200M | 1 | Portugal, Brazil, France | Seed, Series A | Health Care, Internet, Software |
| Techstars Autonomous Technology | 1 |  | Seed, Pre-Seed |  |
| Egis | 1 | Portugal | Series A | Energy, Renewable Energy, Natural Resources |
| Betwixt Ventures | 1 | Portugal | Seed | Drones, Energy, Mobile |
| EDP Ventures | 1 | Portugal | Series A | SaaS, Energy, Internet |
| Carlos Oliveira | 1 | Portugal | Seed | Sensor, Software, Wind Energy |
| Rock International Group | 1 | Portugal | Series A | Energy, Machine Learning, Artificial Intelligence |

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