Company lists · Data refreshed September 2026

Top 25 Innovation focused venture firms based in Portugal

RevenueBase identified 74 innovation focused venture firms headquartered in Portugal as of September 2026 and tracks 543 professional contacts across them, including 199 with verified work emails. Lisbon is the largest hub.

This list covers innovation focused venture firms headquartered in Portugal, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 20, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 20, 2026 86% judged on-target in blind review
74Companies
543Contacts tracked
199Verified emails
Explore this list → Free signup · no credit card · 500 free credits

The 25 largest innovation focused venture firms based in Portugal

Ranked by team size
Top 25 of 74 innovation focused venture firms based in Portugal, ranked by team size, largest first. Data refreshed Sep 20, 2026. RevenueBase Smart Search rates how each company's information relates to innovation focused venture firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Partial evidencePorto, PortugalHQ checked Sep 20, 202611-5055 contacts →

Partial evidence

“Portugal Ventures, a venture capital firm that is part of the Banco Português de Fomento group, currently manages 282 million euros and has 164 portfolio companies.”

Source: RevenueBase Database · checked Sep 20, 2026
2Partial evidenceMaia, PortugalHQ checked Sep 20, 202651-20037 contacts →

Partial evidence

“Former Sonae IM, Bright Pixel Capital is a venture capital company with a global aim, financially driven and oriented to make businesses prosper.”

Source: RevenueBase Database · checked Sep 20, 2026
3Partial evidenceLisbon, PortugalHQ checked Sep 20, 202611-5033 contacts →

Partial evidence

Venture Capital and Private Equity Management Company”

Source: RevenueBase Database · checked Sep 20, 2026
4Indirect evidenceLisbon, PortugalHQ checked Sep 20, 202611-5024 contacts →

Indirect evidence

“We invest in teams transforming the world with technology.”

Source: RevenueBase Database · checked Sep 20, 2026
5Indirect evidenceLisbon, PortugalHQ checked Sep 20, 20261-1023 contacts →

Indirect evidence

“Shilling was founded in 2011 with the aim of building an entrepreneurial economy in Portugal’s tech space.”

Source: RevenueBase Database · checked Sep 20, 2026
6Partial evidenceLisbon, PortugalHQ checked Sep 20, 202611-5022 contacts →

Partial evidence

“Índico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies.”

Source: RevenueBase Database · checked Sep 20, 2026
7Partial evidenceLisbon, PortugalHQ checked Sep 20, 202611-5022 contacts →

Partial evidence

“Founded in Armilar is a Venture Capital firm based in Lisbon, Portugal, currently managing over €500 million in assets, that has built a strong reputation by investing in…”

Source: RevenueBase Database · checked Sep 20, 2026
8Indirect evidenceAveiro, PortugalHQ checked Sep 20, 202611-5015 contacts →

Indirect evidence

“REDangels is a group of Business Angels, established in Aveiro, Portugal.”

Source: RevenueBase Database · checked Sep 20, 2026
9Partial evidenceLisbon, PortugalHQ checked Sep 20, 20261-1014 contacts →

Partial evidence

“Semapa Next is a venture capital firm that invests in European-based companies aspiring to become global category leaders.”

Source: RevenueBase Database · checked Sep 20, 2026
10Partial evidenceLisbon, PortugalHQ checked Sep 20, 20261-1014 contacts →

Partial evidence

“Build Up Labs is a venture studio and a startup incubator.”

Source: RevenueBase Database · checked Sep 20, 2026
11Strong evidenceLisbon, PortugalHQ checked Sep 20, 20261-1013 contacts →

Strong evidence

“Green One Capital is solely focus in connecting ideas, minds and capital through the creation of innovative venture capital and private equity funds.”

Source: RevenueBase Database · checked Sep 20, 2026
12Strong evidencePorto, PortugalHQ checked Sep 20, 20261-1013 contacts →

Strong evidence

“We support innovative tech ventures to unlock its potential by providing smart funding and hands-on advisory.”

Source: RevenueBase Database · checked Sep 20, 2026
13Indirect evidenceLisboa, PortugalHQ checked Sep 20, 20261-1012 contacts →

Indirect evidence

“At N1 Investment Company, we back early-stage B2B startups solving real problems with SaaS and AI.”

Source: RevenueBase Database · checked Sep 20, 2026
14Partial evidenceLisboa, PortugalHQ checked Sep 20, 202611-5011 contacts →

Partial evidence

“Who we are: Quadrantis is a Portuguese venture capital management company created in 2014, that promotes sustainable investments capitalizing on the strong track record of its…”

Source: RevenueBase Database · checked Sep 20, 2026
15Strong evidenceLisboa, PortugalHQ checked Sep 20, 202651-20010 contacts →

Strong evidence

“Olisipo Way is an Early Stage Venture Firm focused on IT investments.”

Source: RevenueBase Database · checked Sep 20, 2026
16Partial evidenceLisbon, PortugalHQ checked Sep 20, 20261-109 contacts →

Partial evidence

“Bynd is a leading Iberian venture capital firm investing in pre seed and seed technology startups since 2010.”

Source: RevenueBase Database · checked Sep 20, 2026
17Indirect evidencePorto, PortugalHQ checked Sep 20, 20261-109 contacts →

Indirect evidence

“Founders Founders is a founder-led network helping startups scale smarter.”

Source: RevenueBase Database · checked Sep 20, 2026
18Partial evidenceLisbon, PortugalHQ checked Sep 20, 20261-109 contacts →

Partial evidence

Venture Capital Investment in early stage European startups”

Source: RevenueBase Database · checked Sep 20, 2026
19Indirect evidenceLisbon, PortugalHQ checked Sep 20, 20261-108 contacts →

Indirect evidence

“Backed by global fintech operators.”

Source: RevenueBase Database · checked Sep 20, 2026
20Partial evidenceLisbon, PortugalHQ checked Sep 20, 20261-108 contacts →

Partial evidence

“Valutia is a venture capital firm that backs exceptional entrepreneurs from Brazil and Portugal in the early stages of building iconic and global businesses.”

Source: RevenueBase Database · checked Sep 20, 2026
21Partial evidenceCoimbra, PortugalHQ checked Sep 20, 20261-107 contacts →

Partial evidence

“Since 1998 the Critical Ecosystem has been a living network of entrepreneurs, engineers, researchers, spin‑offs, and global partners, all focused on turning hard science into…”

Source: RevenueBase Database · checked Sep 20, 2026
22Indirect evidenceLisbon, PortugalHQ checked Sep 20, 20261-107 contacts →

Indirect evidence

“Startups looking for funding?”

Source: RevenueBase Database · checked Sep 20, 2026
23Indirect evidencePorto, PortugalHQ checked Sep 20, 202611-506 contacts →

Indirect evidence

“We are a professional group of angel investors (former Coreangels Portugal) and enthusiastic about supporting growth of promising startups, while generating returns for both…”

Source: RevenueBase Database · checked Sep 20, 2026
24Strong evidenceLisbon, PortugalHQ checked Sep 20, 20261-106 contacts →

Strong evidence

“We are an investment and strategic firm that promotes innovative ventures, supports companies in moments that matter, and helps turn potential into durable business value.”

Source: RevenueBase Database · checked Sep 20, 2026
25Strong evidenceLisbon, PortugalHQ checked Sep 20, 20261-105 contacts →

Strong evidence

Ventures.eu is a VC Fund created with the support of the European Commission's Innovation Radar.”

Source: RevenueBase Database · checked Sep 20, 2026

Showing 25 of 74 innovation focused venture firms based in Portugal

See the full list, filter by size, metro and specialty, and get verified emails and direct dials for all 199 reachable decision-makers.

Free signup · no credit card

View the full list →

Innovation focused venture firms based in Portugal at a glance

As of Sep 20, 2026
36.6%Verified-email coverage
7.3Average contacts per company
1-10Median size (employees)
47.3%Largest-city concentration · Lisbon
Sep 20, 2026Page data refreshed

Companies by employee count

1-10
52
11-50
18
51-200
3
201-500
1

Email recency for this list is measured worldwide rather than for Portugal, so it is reported there. Company counts and contact totals on this page are exact for Portugal, over 74 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among innovation focused venture firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Portugal whose own description of what they do matches “innovation focused venture firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names innovation focused venture firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among innovation focused venture firms, and records with no verified work email. Companies headquartered outside Portugal are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 199 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 20, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Innovation focused venture firms by metro

  • Innovation focused venture firms in Lisbon35

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names innovation focused venture firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many innovation focused venture firms are there based in Portugal?

RevenueBase identified 74 innovation focused venture firms headquartered in Portugal as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Portugal Ventures, headquartered in Porto, tops this list with the largest team on record.

Which city has the most innovation focused venture firms?

Lisbon leads with 35 headquartered companies, followed by Lisboa (16) and Porto (9).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 199 verified decision-maker contacts tracked across these 74 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 20, 2026.

Ready to reach these companies? Verified emails and direct dials for all 74 innovation focused venture firms based in Portugal. Start with a free account, no credit card.

Download this list →

Related lists

About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.