Company lists · Data refreshed September 2026

Top 24 Venture capital firms based in Portugal

The Portugal venture capital firms directory lists 46 companies, 345 contacts, and 98 email addresses. As of September 2026, Lisbon is the single most-represented city among the companies on the list. Use this directory to research venture capital firms and identify relevant business contacts.

Venture capital firms invest in privately held companies, typically in exchange for an ownership stake. This list covers companies that invest or manage capital in privately held businesses through venture capital funds or related investment vehicles. Ranked by team size, largest first. Data current as of September 6, 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 6, 2026 86% judged on-target in blind review
46Companies
345Contacts tracked
98Verified emails
36Mobile numbers
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The 24 largest venture capital firms based in Portugal

Ranked by team size
Top 24 of 46 venture capital firms based in Portugal, ranked by team size, largest first. Data refreshed Sep 6, 2026. RevenueBase Smart Search rates how each company's information relates to venture capital 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
1Strong evidencePorto, PortugalHQ checked Sep 6, 202611-5055 contacts →

“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 6, 2026
2Indirect evidenceLisbon, PortugalHQ checked Sep 6, 202611-5024 contacts →

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

Source: company website · checked Sep 6, 2026
3Indirect evidenceLisbon, PortugalHQ checked Sep 6, 20261-1023 contacts →

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

Source: company website · checked Sep 6, 2026
4Indirect evidenceAveiro, PortugalHQ checked Sep 6, 202611-5022 contacts →

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

Source: company website · checked Sep 6, 2026
5Indirect evidenceAveiro, PortugalHQ checked Sep 6, 202611-5015 contacts →

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

Source: company website · checked Sep 6, 2026
6Partial evidenceLisbon, PortugalHQ checked Sep 6, 20261-1014 contacts →

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

Source: company website · checked Sep 6, 2026
7Partial evidencePorto, PortugalHQ checked Sep 6, 20261-1013 contacts →

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

Source: company website · checked Sep 6, 2026
8Indirect evidenceLisboa, PortugalHQ checked Sep 6, 20261-1012 contacts →

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

Source: company website · checked Sep 6, 2026
9Strong evidenceLisboa, PortugalHQ checked Sep 6, 202611-5011 contacts →

“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 6, 2026
10Partial evidenceLisboa, PortugalHQ checked Sep 6, 202651-20010 contacts →

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

Source: company website · checked Sep 6, 2026
11Strong evidenceLisbon, PortugalHQ checked Sep 6, 20261-109 contacts →

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

Source: company website · checked Sep 6, 2026
12Indirect evidencePorto, PortugalHQ checked Sep 6, 20261-109 contacts →

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

Source: company website · checked Sep 6, 2026
13Strong evidenceLisbon, PortugalHQ checked Sep 6, 20261-108 contacts →

“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 6, 2026
14Indirect evidenceCoimbra, PortugalHQ checked Sep 6, 20261-107 contacts →

“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 6, 2026
15Indirect evidencePorto, PortugalHQ checked Sep 6, 202611-506 contacts →

“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 6, 2026
16Strong evidenceLisbon, PortugalHQ checked Sep 6, 2026201-5005 contacts →

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

Source: company website · checked Sep 6, 2026
17Indirect evidenceEstoril, PortugalHQ checked Sep 6, 202611-504 contacts →

“An enterprise for enterprise.”

Source: company website · checked Sep 6, 2026
18Indirect evidencePorto, PortugalHQ checked Sep 6, 20261-103 contacts →

“We are a private investment company with headquarters in Porto, Portugal.”

Source: company website · checked Sep 6, 2026
19Partial evidenceSanto António, PortugalHQ checked Sep 6, 20261-102 contacts →

“We are Casper Ventures, an early stage startup investment fund detached from the typical BA clubs and venture funds bureaucracy, lean, on a mission to help entrepreneurs thrive…”

Source: company website · checked Sep 6, 2026
20Indirect evidenceLisbon, PortugalHQ checked Sep 6, 20261-102 contacts →

“We specialize in helping outstanding entrepreneurs getting their ideas off the ground by providing support to their early-stage technology startups.”

Source: company website · checked Sep 6, 2026
21Indirect evidenceLisboa, PortugalHQ checked Sep 6, 20261-102 contacts →

“Early Stage Private Investment Fund that goes way beyond funding.”

Source: company website · checked Sep 6, 2026
22Indirect evidenceLisbon, PortugalHQ checked Sep 6, 20261-102 contacts →

“We back entrepreneurs with vision, creativity and ambition to develop businesses, transform markets and together reach the next level!”

Source: company website · checked Sep 6, 2026
23Indirect evidenceLisbon, PortugalHQ checked Sep 6, 20261-102 contacts →

“Investment fund dedicated to developing complex technological projects.”

Source: company website · checked Sep 6, 2026
24Partial evidenceLisbon, PortugalHQ checked Sep 6, 202611-501 contacts →

“We are Joyn Ventures!”

Source: company website · checked Sep 6, 2026

Showing 24 of 46 venture capital firms based in Portugal

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Venture capital firms based in Portugal at a glance

As of Sep 6, 2026
28.4%Verified-email coverage
10.4%Mobile-number coverage
7.5Average contacts per company
1-10Median size (employees)
43.5%Largest-city concentration · Lisbon
Sep 6, 2026Page data refreshed

Companies by employee count

1-10
31
11-50
12
51-200
2
201-500
1

Freshness & accuracy

How recently the business emails on this list were verified

Email last verified

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 venture capital 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 “venture capital 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 venture capital 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 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 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, 98 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 6, 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.

Frequently asked

How many venture capital firms are based in Portugal?

This directory includes 46 venture capital firms based in Portugal as of September 2026.

Which city has the most venture capital firms based in Portugal?

Lisbon is the single most-represented city among the companies on the list.

How can I find contacts at venture capital firms?

This directory includes 345 contacts and 98 email addresses associated with the listed venture capital firms.

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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 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.