# Top 30 Web3 VC (Venture Capital) Funds in Portugal in October 2023

## Signum Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Information Technology

They are a Singapore-based firm that exclusively consults in Blockchain-enabled companies. Their mission is to realize the future of Blockchain economy by consulting in game changing projects and companies. They participate in Pre-sale stages of Token Generation Events and Equity investments.

## Bright Pixel
- Type: VC Fund
- Location: Lisboa, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

A prominent European venture capital in Retail Technologies, Digital Infrastructure, Cybersecurity, and Emerging Technologies

## Portugal Ventures
- Type: VC Fund
- Location: Porto, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Health Care, Information Technology

Portugal Ventures is a venture capital firm that is part of the Banco Português de Fomento group, currently manages 170 million euros and has more than 130 portfolio companies. It invests in startups in the pre-seed, seed and series A stages that offer innovative solutions for the international market in the digital, engineering&industry, lifesciences, and tourism sectors. Since 2012, Portugal ventures has invested 164 million euros in 147 new businesses.

## Indico Capital Partners
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Series A, Series C
- Focus: Information Technology, E-Commerce, B2B

Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico werepreviously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.Highly innovative companies like luxury eCommerce platform Farfetch, YC graduate machine learning translation platform Unbabel or the leading student accommodation marketplace Uniplaces have a strong Portuguese DNA and went to raise international rounds in the UK and the US - we want to back the next success stories of the ecosystem.

## Delphi Digital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Gaming, Cryptocurrency

Delphi Digital is a leading cryptocurrency research firm, providing cutting-edge insights and updates to a community of over 30,000 investors and venture firms.

## Bybit
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Blockchain, Cryptocurrency, FinTech

Headquartered in: British Virgin IslandsEstablished in March 2018, Bybit is one of the fastest growing cryptocurrency derivatives exchanges, with more than a million registered users. Built on customer-centric values, we endeavor to provide a professional, smart, intuitive and innovative trading experience to better serve our customers in atimely manner. We are committed to creating a fair, transparent and efficient trading environment, and offer 24/7 multi-language support as part of our service.
Products currently offered on the Bybit platform include BTC/USD, ETH/USD, XRP/USD, EOS/ USD, BTC/USDT, ETH/USDT, LTC/USDT, XTZ/USDT, and LINK/USDT perpetual contracts.

## NEAR
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Cryptocurrency, Blockchain, SaaS

Near develops an application platform designed to bring blockchain to a wide variety of mainstream applications.

## FinLab EOS VC
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Gaming, Software

FinLab EOS VC Fund is a partnership between Block.one and FinLab, an investor in financial services technologies and blockchain globally.

## Deribit
- Type: VC Fund
- Location: Ermelo, Gelderland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Cryptocurrency, Blockchain, FinTech

World's biggest Bitcoin and Ethereum Options Exchange and the most advanced crypto derivatives trading platform with up to 50x leverage on Crypto Futures and Perps.

## Maelstrom
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: FinTech, Software, Information Technology

Maelstrom invests in cool shit with a focus on crypto and digital assets.

## OKX
- Type: VC Fund
- Location: Mahé, Beau Vallon, Seychelles
- Relevant deals: 1
- Stages: Seed, Series C
- Focus: Cryptocurrency, Blockchain, Software

OKX is the second largest global crypto exchange by trading volume and a leading Web3 ecosystem. With monthly Proof of Reserve releases, OKX is trusted by over 50 million global users. OKX is the fastest and most reliable crypto trading app for professional traders everywhere.
- Buy, sell, and trade 350+ tokens with 100+ local currencies
-Duplicate moves from top traders in the industry in just one click
- Explore Web3 and take control of your crypto, NFTs, and digital assets with the OKX WalletWith its extensive range of crypto products and services, and unwavering commitment to innovation, OKX’s vision is a world where financial access is backed by blockchain and the power of decentralized finance.

## Wintermute
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

A leading algorithmic trading firm focused on building liquid and efficient markets in digital assets.

## Moonrock Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Information Technology, Cryptocurrency

Moonrock Capital is a Blockchain Advisory and Investment Partnership based in London and Hamburg.

## Dragonfly
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

A cross-border cryptoasset investment firm. Global from day one.

## Cetacean Capital
- Type: VC Fund
- Location: Delaware, Ohio, United States
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: FinTech, Finance, Ethereum

A group of highly skilled & connected VCs taking projects to the next level!

## Accomplice
- Type: VC Fund
- Location: Cambridge, Massachusetts, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, FinTech, SaaS

Accomplice is a venture firm and contemporary family office. We have been part of the origin story of AngelList, Carbon Black, Coinlist, Currencycloud, DraftKings, FalconX, FLOW, Freshbooks, Integral Ad Science, Hopper, HQO, Luna, Near, Orchard, Patreon, PillPack, Plastiq, Recorded Future, SecurityScorecard, Skillz, Veracode, Work Human, WHOOP, Zoopla, and more. We are also founders behind Accomplice Blockchain and the Spearhead operator-angel movement.

## Gemini
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Software, Web Design

Gemini makes crypto simple. Find, Trade and Buy over 80 coins including bitcoin on the best cryptocurrency platform. Start trading crypto here.

## Huobi
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

Huobi Global is a global blockchain asset financial services provider including exchange, trade, wallet, and storage. Since its establishment in 2013, Huobi Group has been financed by ZhenFund and Sequoia Capital. Its accumulative turnover has exceeded 1.2 trillion USD and once became the world's largest digital asset exchange with a globalshare of 50%. Currently, Huobi Group has invested in more than sixty upstream and downstream enterprises. Based in Seychelles, Huobi has offices in Singapore, Japan, South Korea, United Kingdom, and Hong Kong to deliver its secure and credible digital asset trading and asset management services to millions of users in over 130 countries.

## Caballeros Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Financial Services, Internet

Caballeros Capital is a private investment firm focused on investing in the blockchain innovation space.

## Mask Network
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

Your Portal To The New, Open Internet.

## Polymorphic Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Blockchain, Cryptocurrency, FinTech

It is a venture capital firm that selectively invests in extraordinary teams and emerging paradigms in blockchain and fintech globally.

## Boost VC
- Type: VC Fund
- Location: San Mateo, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Virtual Reality, Blockchain

Boost VC: The Pre-Seed Fund Making Sci-FI a Reality. Investing in crypto, virtual reality, augmented reality, AI, Ocean Tech, Space Tech, human augmentation, exoskeletons and more.

## Armilar Venture Partners
- Type: VC Fund
- Location: Lisboa, Lisboa, Portugal
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Information Technology, Manufacturing

Armilar Venture Partners is Portugal's leading venture capitalist. An independent VC with a 20-year-old history, a high-performance track record and an international footprint, Armilar is a deep-tech investor in ICT, HealthTech and CleanTech.

## LC Ventures
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series D
- Focus: Information Technology, Artificial Intelligence, Internet of Things

We’re an early stage European venture capital firm partnering with globally minded founders.We’re supportive, founder focused, and aim to work together with you as a close and collaborative team of independent thinkers. Along with the support of our entire network, each member of our team brings their own personal experience to the table. Thefirst ticket is up to 200K€ and the total investment in a given startup can be up to 1M€.We decide investments quickly, allowing the founders to get back focusing on growing the business.
Our team and network of international mentors help young startups to scale quickly and to prepare for the next rounds.Our partners have been investing in tech-based startups since 2000 and have a portfolio of more than 100 companies in the USA, Brazil, The Netherlands, Spain and Portugal.

## SharesPro
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Secondary Market, Seed
- Focus: SaaS, Cryptocurrency, Artificial Intelligence

SharesPro is an independent analyst working on the US stock market, an expert on systematic investment and capital growth.
SharesPro has extensive experience in stock markets and in-depth knowledge of investments, mergers, and acquisitions.
The firm was incorporated in 2017 and is based in Moscow, Moscow City, Russian Federation.

## Waterdrip Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Information Technology

Waterdrip capital invests in blockchain industries.

## Polychain
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, FinTech

The emergence of bitcoin and subsequent blockchain technologies has generated a new digital asset class in which scarcity is based on mathematical properties. Through cryptographic verification and game-theoretic equilibrium, blockchain-based digital assets can be created, issued, and transmitted using the software. Polychain Capital is committedto exceptional returns for investors through actively managed portfolios of these blockchain assets.

## Fulgur Ventures
- Type: VC Fund
- Location: Wilmington, Delaware, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Bitcoin, FinTech, Cryptocurrency

We believe in Bitcoin as a next generation politically neutral monetary system, the foundation for decentralized finance of the future. While Bitcoin is an efficient settlement layer, it needs a Layer-2 solution for everyday transactions. That is why we support development of the Lightning Network - an essential step towards decentralized finance.As technology entrepreneurs we combine decades of experience creating business from zero and scaling it in emerging and fast-growing industries.We support outstanding teams in several ways: writing checks of $50-$200k for pre-seed startups; granting rewards for acknowledged contributions to the ecosystem; providing startup advisory and mentoring; investing in later stages.Along the way we help startups to navigate cryptocurrency legal and regulatory environment according to the evolving industry standards and best practices.

## Demium Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Health Care, Information Technology

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

## Solana Ventures
- Type: VC Fund
- Location: Solana, Misamis Oriental, Philippines
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Gaming, Cryptocurrency

Solana Ventures' mission is to accelerate the growth of the Solana blockchain and adjacent ecosystems by providing capital to the most promising teams building in the crypto ecosystem.

# 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
