# Top 25 Sports VC (Venture Capital) Funds in Portugal in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| another.vc | 3 | Germany, France, Switzerland | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology |
| Shilling | 3 | Portugal, Spain, United States | Seed, Pre-Seed, Series A | Internet, Information Technology, Software |
| Kima Ventures | 3 | France, United States, United Kingdom | Seed, Pre-Seed, Series A | Software, E-Commerce, SaaS |
| Portugal Ventures | 3 | Portugal, United States, France | Seed, Pre-Seed | Software, Health Care, Information Technology |
| Olisipo Way | 2 | Portugal | Pre-Seed, Seed, Convertible Note | Software, SaaS, Communities |
| Armilar Venture Partners | 2 | Portugal, United States, United Kingdom | Series A, Seed | Software, Information Technology, Manufacturing |
| TrulyMad | 2 | Portugal | Pre-Seed | Beauty, Fitness, Wellness |
| 35V | 2 | United States, France, Portugal | Seed, Series A, Pre-Seed | Sports, Soccer, Information Technology |
| Bynd Venture Capital | 2 | Portugal, Spain, United States | Seed, Series A | Software, E-Commerce, Health Care |
| Roca X | 1 | Romania, Italy, Israel | Seed, Pre-Seed, Convertible Note | Software, Information Technology, Health Care |
| Seven Seven Six | 1 | United States, Israel, India | Seed, Series A, Series B | Software, Blockchain, Internet |
| StartUp Health | 1 | United States, Canada, United Kingdom | Seed, Pre-Seed | Health Care, Wellness, Medical |
| WISENEXT | 1 | Portugal, United States | Seed, Pre-Seed | Software, Artificial Intelligence, Internet |
| Clever Advertising | 1 | Portugal, United States | Seed, Pre-Seed | Mobile Apps, PaaS, SaaS |
| Moonrock Capital | 1 | Singapore, United Kingdom, United States | Seed, Pre-Seed | Blockchain, Information Technology, Cryptocurrency |
| APEX Capital | 1 | China, Portugal | Series A | PaaS, Soccer, Sports |
| Counterpart Advisors | 1 | United States, China, Canada | Series B, Series C, Series D | Health Care, Mobile Apps, Software |
| ADvantage | 1 | United States, Israel, Portugal | Series A, Seed, Series B | Sports, PaaS, Mobile Apps |
| COREangels | 1 | Spain, Portugal, United Kingdom | Seed, Pre-Seed, Angel | Software, E-Commerce, Information Technology |
| Demium Capital | 1 | Spain, Portugal, Poland | Pre-Seed, Seed, Series A | Software, Health Care, Information Technology |
| Semapa Next | 1 | Portugal | Series A | Information Technology, PaaS, Mobile Apps |
| NewBound Venture Capital | 1 | United States, Canada, Portugal | Series A, Seed | Sports, E-Commerce, Media and Entertainment |
| Morningstar Ventures | 1 | United States, Singapore, Germany | Seed, Series A | Blockchain, Cryptocurrency, Gaming |
| Boost VC | 1 | United States, Canada, United Kingdom | Seed, Pre-Seed | Software, Virtual Reality, Blockchain |
| Ganexa Capital | 1 | Portugal, United States, United Kingdom | Seed, Pre-Seed | Health Care, Fitness, Wellness |

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