# Top 40 Marketplace VC (Venture Capital) Funds in Portugal in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Portugal Ventures | 16 | Portugal, United States, France | Seed, Pre-Seed | Software, Health Care, Information Technology |
| LC Ventures | 9 | Portugal, China, Poland | Seed, Pre-Seed, Series D | Information Technology, Artificial Intelligence, Internet of Things |
| REDangels | 8 | Portugal, Poland, Germany | Seed, Pre-Seed, Angel | Internet of Things, Mobile, Internet |
| Shilling | 7 | Portugal, Spain, United States | Seed, Pre-Seed, Series A | Internet, Information Technology, Software |
| Indico Capital Partners | 4 | Portugal, United States, Italy | Seed, Series A, Series C | Information Technology, E-Commerce, B2B |
| Best Horizon | 4 | Portugal, United Kingdom | Seed, Pre-Seed | Music, Gaming, Shipping |
| COREangels | 3 | Spain, Portugal, United Kingdom | Seed, Pre-Seed, Angel | Software, E-Commerce, Information Technology |
| Pathena | 3 | Portugal | Seed, Series A, Series C | B2B, Marketing, Advertising |
| Bynd Venture Capital | 3 | Portugal, Spain, United States | Seed, Series A | Software, E-Commerce, Health Care |
| Faber | 3 | Portugal, United Kingdom, United States | Seed, Series A, Pre-Seed | Software, Machine Learning, SaaS |
| WISENEXT | 3 | Portugal, United States | Seed, Pre-Seed | Software, Artificial Intelligence, Internet |
| SVG Ventures | 3 | United States, Canada, Ireland | Pre-Seed, Seed | AgTech, Agriculture, Farming |
| Ganexa Capital | 2 | Portugal, United States, United Kingdom | Seed, Pre-Seed | Health Care, Fitness, Wellness |
| Maersk Growth | 2 | United States, United Kingdom, Germany | Series A, Seed, Series B | Logistics, Supply Chain Management, Software |
| Omnes Capital | 2 | France, United States, Belgium | Series A, Series B | Software, Biotechnology, Health Care |
| Olisipo Way | 2 | Portugal | Pre-Seed, Seed, Convertible Note | Software, SaaS, Communities |
| Caixa Capital | 2 | Portugal, United States, Spain | Seed, Series A | Software, Information Technology, Health Care |
| All Iron Ventures | 2 | Spain, United States, United Kingdom | Series A, Seed, Series B | Software, E-Commerce, Internet |
| TrulyMad | 2 | Portugal | Pre-Seed | Beauty, Fitness, Wellness |
| MSM | 2 | United Kingdom, Germany, Portugal | Seed, Pre-Seed, Series A | Information Technology, Software, B2B |
| Lince Capital | 1 | Portugal | Seed | Grocery, Cannabis, Coworking |
| European regional development fund (ERDF) | 1 | United Kingdom, Germany, France | Grant, Pre-Seed | Software, Information Technology, Artificial Intelligence |
| Moonrock Capital | 1 | Singapore, United Kingdom, United States | Seed, Pre-Seed | Blockchain, Information Technology, Cryptocurrency |
| Morningstar Ventures | 1 | United States, Singapore, Germany | Seed, Series A | Blockchain, Cryptocurrency, Gaming |
| White Star Capital | 1 | Canada, United States, United Kingdom | Series A, Seed, Series B | Financial Services, FinTech, Software |
| APEX Capital | 1 | China, Portugal | Series A | PaaS, Soccer, Sports |
| Kibo Ventures | 1 | Spain, United States, Germany | Series A, Seed | Software, E-Commerce, Mobile |
| Enjoyventure Management | 1 | Germany, Portugal, United States | Seed, Series A | Software, Information Technology, E-Commerce |
| EDP Ventures | 1 | Portugal, Brazil, United States | Seed, Series A | Software, Information Technology, Energy |
| Instituição Financeira de Desenvolvimento | 1 | Portugal | Seed | AgTech, Internet, Software |
| 7 Graus | 1 | Portugal | Seed | Internet, E-Commerce |
| Speedinvest | 1 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services |
| Demium Capital | 1 | Spain, Portugal, Poland | Pre-Seed, Seed, Series A | Software, Health Care, Information Technology |
| Armilar Venture Partners | 1 | Portugal, United States, United Kingdom | Series A, Seed | Software, Information Technology, Manufacturing |
| Seedrs | 1 | United Kingdom, United States, Portugal | Seed, Equity Crowdfunding, Pre-Seed | Software, E-Commerce, FinTech |
| Five Seasons Ventures | 1 | Germany, United Kingdom, France | Series A, Series B, Seed | Food and Beverage, E-Commerce, Food Processing |
| LeadX Capital Partners | 1 | Germany, France, United Kingdom | Seed, Pre-Seed, Series B | Restaurants, SaaS, Software |
| Semapa Next | 1 | Portugal | Series A | Information Technology, PaaS, Mobile Apps |
| Übermorgen Ventures | 1 | Germany, Switzerland, Finland | Seed, Pre-Seed | Energy, Software, Renewable Energy |
| CaixaBank | 1 | Spain, Ireland, Portugal | Debt Financing, Seed, Pre-Seed | Renewable Energy, Apps, Oil and Gas |

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co