Company lists · Data refreshed September 2026

Top 25 Micro venture capital firms based in Portugal

RevenueBase identified 77 micro venture capital firms headquartered in Portugal as of September 2026 and tracks 833 professional contacts across them, including 186 with verified work emails and 78 with mobile numbers. Lisbon is the largest hub.

This list covers micro venture capital 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, how directly it supports the match, and when it was last checked. Data refreshed September 5, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, 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 Match evidence on every row Refreshed Sep 5, 2026 86% judged on-target in blind review
77Companies
833Contacts tracked
186Verified emails
78Mobile numbers
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The 25 largest micro venture capital firms based in Portugal

Ranked by team size
Top 25 of 77 micro venture capital firms based in Portugal, ranked by team size, largest first. Data refreshed Sep 5, 2026. Evidence rates how directly each company's own description names micro venture capital firms: strong (names it), partial (names part of it), indirect (matched on its full profile rather than the summary shown). Click a count to unlock that company's people.
#CompanyHeadquartersEmployeesContacts
1
Portugal VenturesStrong evidence
Porto, PortugalHQ checked Sep 5, 202611-5055

“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: company website · checked Sep 5, 2026
2
Bright Pixel CapitalStrong evidence
Maia, PortugalHQ checked Sep 5, 202651-20037

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

Source: company website · checked Sep 5, 2026
3
BGIIndirect evidence
Lisbon, PortugalHQ checked Sep 5, 202611-5037

“BGI is a startup accelerator, born in 2010 from a partnership between MIT Portugal (MIT Portugal Entrepreneurship and Innovation Initiative) and ISCTE.”

Source: company website · checked Sep 5, 2026
4
FABERIndirect evidence
Lisbon, PortugalHQ checked Sep 5, 202611-5024

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

Source: company website · checked Sep 5, 2026
5
Shilling VCIndirect evidence
Lisbon, PortugalHQ checked Sep 5, 20261-1023

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

Source: company website · checked Sep 5, 2026
6
Índico Capital PartnersStrong evidence
Lisbon, PortugalHQ checked Sep 5, 202611-5022

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

Source: company website · checked Sep 5, 2026
7
ArmilarStrong evidence
Lisbon, PortugalHQ checked Sep 5, 202611-5022

“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: company website · checked Sep 5, 2026
8
CoreangelsIndirect evidence
Aveiro, PortugalHQ checked Sep 5, 202611-5022

“COREangels is a global brand of hands-on angels, investing in early-stage startups through local portfolio funds.”

Source: company website · checked Sep 5, 2026
9
RedangelsIndirect evidence
Aveiro, PortugalHQ checked Sep 5, 202611-5015

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

Source: company website · checked Sep 5, 2026
10
Semapa NextStrong evidence
Lisbon, PortugalHQ checked Sep 5, 20261-1014

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

Source: company website · checked Sep 5, 2026
11
Build UP LabsPartial evidence
Lisbon, PortugalHQ checked Sep 5, 20261-1014

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

Source: company website · checked Sep 5, 2026
12
Green ONE CapitalStrong evidence
Lisbon, PortugalHQ checked Sep 5, 20261-1013

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

Source: company website · checked Sep 5, 2026
13
Beta CapitalPartial evidence
Porto, PortugalHQ checked Sep 5, 20261-1013

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

Source: company website · checked Sep 5, 2026
14
N1 Investment CompanyIndirect evidence
Lisboa, PortugalHQ checked Sep 5, 20261-1012

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

Source: company website · checked Sep 5, 2026
15Lisboa, PortugalHQ checked Sep 5, 202611-5011

“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: company website · checked Sep 5, 2026
16
Olisipo WAYPartial evidence
Lisboa, PortugalHQ checked Sep 5, 202651-20010

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

Source: company website · checked Sep 5, 2026
17
Bynd Venture CapitalStrong evidence
Lisbon, PortugalHQ checked Sep 5, 20261-109

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

Source: company website · checked Sep 5, 2026
18
Founders FoundersIndirect evidence
Porto, PortugalHQ checked Sep 5, 20261-109

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

Source: company website · checked Sep 5, 2026
19
Ground CapitalStrong evidence
Lisbon, PortugalHQ checked Sep 5, 20261-109

Venture Capital Investment in early stage European startups”

Source: company website · checked Sep 5, 2026
20
ValutiaStrong evidence
Lisbon, PortugalHQ checked Sep 5, 20261-108

“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: company website · checked Sep 5, 2026
21
ShapersIndirect evidence
Lisbon, PortugalHQ checked Sep 5, 20261-108

“Backed by global fintech operators.”

Source: company website · checked Sep 5, 2026
22
Critical VenturesIndirect evidence
Coimbra, PortugalHQ checked Sep 5, 20261-107

“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: company website · checked Sep 5, 2026
23
Savvy Capital PartnersIndirect evidence
Porto, PortugalHQ checked Sep 5, 202611-506

“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: company website · checked Sep 5, 2026
24
Nexus Capital GroupStrong evidence
Lisbon, PortugalHQ checked Sep 5, 2026201-5005

“Nexus is an early-stage venture capital firm that invests in visionaries with transformative ideas.”

Source: company website · checked Sep 5, 2026
25
Machinelab VenturesIndirect evidence
Estoril, PortugalHQ checked Sep 5, 202611-504

“An enterprise for enterprise.”

Source: company website · checked Sep 5, 2026

Showing 25 of 77 micro venture capital firms based in Portugal

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Micro venture capital firms based in Portugal at a glance

As of Sep 5, 2026
1-10Median size (employees)
LisbonLargest hub · 30 HQs
78Contacts with mobile numbers
Sep 5, 2026Data refreshed

Companies by employee count

1-10
53
11-50
19
51-200
3
201-500
2

Verified emails by last verification

0–30
181
31–60
5
61–90
0
90–180
0
180+
0

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 micro venture capital firms, so some rows will be adjacent to the category rather than pure plays. The description and evidence 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 SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Portugal whose own description of what they do matches “micro venture capital firms”. Matching reads each company's description, not its industry code or its name.
What we exclude
Companies whose own description does not clearly place them among micro venture capital 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 an evidence 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, 186 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 5, 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.

Micro venture capital firms by metro

  • Micro venture capital firms in Lisbon30

Frequently asked

How many micro venture capital firms are there based in Portugal?

RevenueBase identified 77 micro venture capital 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 micro venture capital firms?

Lisbon leads with 30 headquartered companies, followed by Lisboa (19) and Porto (8).

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 186 verified decision-maker contacts tracked across these 77 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 5, 2026.

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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 SmartSearch, 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.