Shilling is an early-stage venture capital firm and angel group based in Lisbon, Portugal. Founded in 2011, it backs B2B and consumer startups at early stages and pursues a community-centric approach that provides more than capital through its Shilling Platform, offering access to experienced founders and executives to help validate and develop ventures and accelerate growth into global markets. The firm aims to foster sustainable economic growth across diverse industries and disruptive technologies, operating with a profit-sharing model that emphasizes collaboration among founders, investors, and ecosystem participants.

Mustard Seed Maze is an impact investment firm based in Lisbon, Portugal, formed as a joint venture between Mustard Seed and MAZE. It targets European early-stage impact ventures from pre-seed to Series A and acts as a generalist investor, backing entrepreneurs who build sustainable businesses addressing major social and environmental challenges. The firm manages a 45 million euro fund.

Portugal Ventures is a venture capital firm based in Porto, Portugal and part of the Banco Português de Fomento group. Founded in 2012 as a merger of AICEP Capital Global, InovCapital and Turismo Capital, it provides venture capital and expansion investments to small and medium enterprises in Portugal. The firm focuses on innovative, science and technology-based companies across digital technology, manufacturing, therapeutics and health technology, as well as tourism and industrial sectors, and seeks opportunities at pre-seed, seed and Series A stages as well as later expansion rounds to stimulate the Portuguese economy and support global growth.

Lince Capital is an independent venture capital company based in Lisbon, Portugal. It traces its origins to a family group with more than 30 years of experience in managing investment funds across real estate, infrastructure, agriculture, and telecommunications. The firm supports growth by providing hands-on, personalized support and maintains close, direct relationships with its investors and business partners through an experienced and dynamic team. Its investment activity spans multiple sectors, including real estate, accommodation, industrial, retail and services, health, and technology, reflecting its broad investment heritage and approach.

Caixa Capital is the private equity and venture capital arm of Caixa Geral de Depósitos, the Portuguese banking group, based in Lisbon. Founded in 1991, it has more than two decades of activity investing in funds and directly in companies, and also holds a portfolio of other funds. The firm targets opportunities across consumer, enterprise, life sciences, cleantech, energy, industrial, infrastructure and service sectors, and pursues indirect investments through its fund portfolio. It manages around 700 million euros and oversees a portfolio of more than 80 investments, making it a leading investor in terms of funds under management, portfolio size and diversity.

Semapa Next is a venture capital firm established in 2017 and based in Lisbon, Portugal. It focuses on investing in exceptional founders and teams across various sectors, including B2B, B2C, energy, financial services, healthcare, information technology, and materials and resources. The firm targets investments from Series A to late-stage funding, aiming to support leaders who are making a positive impact on the world. Semapa Next offers not only financial backing with patient capital but also a wealth of entrepreneurial, operational, and financial expertise. Its team, along with a network of advisors, brings direct experience in critical areas such as sales and marketing, talent management, finance, and mergers and acquisitions. Additionally, the firm provides access to Semapa's Group and its international network, facilitating opportunities for business development, technology piloting, and the management of global enterprises.

Indico Capital Partners is an independent venture capital firm based in Lisbon, Portugal, focused on backing early-stage global technology companies. The firm primarily invests in software as a service, artificial intelligence, cybersecurity, fintech, internet of things and other technology sectors, targeting seed to Series A rounds. Established in 2017 by experienced investors, Indico emphasizes a global perspective and supports portfolio companies with strategic guidance and access to international networks. It has backed notable Portuguese tech success stories and seeks to foster startups with a strong DNA in innovation from Portugal and beyond.

LC Ventures is a Lisbon, Portugal-based venture capital firm that backs early-stage technology startups. It invests across Europe, North America, and Latin America, with a focus on software-enabled solutions. The firm targets pre-seed to Series A rounds, offering initial tickets up to 200,000 euros and total investments up to 1 million euros per company. It emphasizes rapid decision-making and a hands-on partnership approach, leveraging a network of international mentors to help portfolio companies scale and advance to the next funding rounds. The partners bring long-standing tech investment experience dating back to 2000 and have supported a portfolio of startups across multiple countries, including the USA, Brazil, the Netherlands, Spain, and Portugal.

Founded in 2013, Alpac Capital is a Lisbon-based venture capital firm focusing on European companies, particularly those in Hungary and Portugal. It invests in technology companies with B2B products/services, telecom operators, industrial/agro businesses, healthcare services, and other scalable ventures. Alpac takes an active role in business development to support scale-ups and ensures professional management. The firm looks for experienced teams with market-tested products/services.

Shapers is a venture capital firm established in 2023 and located in Lisbon, Portugal. The company focuses on investing in the fintech sector, targeting innovative founders and startups across Europe. Backed by experienced operators in the global fintech landscape, Shapers aims to support the growth of emerging fintech businesses, contributing to the development and evolution of the financial technology ecosystem in the region.

Tejo Ventures is a venture capital firm based in Lisbon, Portugal, founded in 2021. It pursues investments across fintech, health tech, sustainability, education, female empowerment, real estate, renewable energy, and climate sectors.

Alea Capital Partners is a venture capital firm based in Lisbon, Portugal. Founded in 2021, it invests in B2B SaaS, AI/ML, and real estate across Europe.

GoParity is a Lisbon-based crowdfunding platform that enables peer-to-peer lending and investment in sustainable projects. Investors, including citizens and small businesses, fund initiatives across sectors such as sustainable energy, blue economy, smart and sustainable cities, rural development, and social entrepreneurship, with the aim of delivering economic, social, and environmental impact. By facilitating access to capital for sustainable solutions, GoParity seeks to drive a more inclusive transition to a sustainable economy where capital supports measurable positive outcomes.

Armilar Venture Partners is a Lisbon-based venture capital firm founded in 2000 that backs seed- and early-stage technology companies in Europe and the United States. The firm focuses on software and technology-enabled sectors, including enterprise software, SaaS, artificial intelligence and machine learning, cybersecurity, blockchain, the Internet of Things, computing, and augmented and virtual reality, with interest in industrials and other technology-driven applications. Armilar provides capital and strategic support to early-stage companies positioned for international growth.

M12 is the corporate venture capital arm of Microsoft, investing in B2B software startups across North America and Israel. It focuses on cloud infrastructure, artificial intelligence, cybersecurity, developer tools, vertical software as a service, and Web3 and gaming, and backs companies from early stages through growth rounds, including Series A to C. The firm supports portfolio companies with access to Microsoft resources and runs an accelerator program to help later-stage startups scale.

InvestEco Capital is a Canada-based private equity and venture capital firm founded in 2002 that targets investments in the food and agriculture sector across North America. The firm concentrates on companies that promote health, sustainability, and environmental outcomes, with an emphasis on sustainable food and agriculture. Based in Toronto, it has built significant expertise in this sector and has invested in a range of food and agriculture brands across North America. Its investment approach supports growth in companies developing sustainable farming, processing, distribution, and related technologies, aligning financial returns with environmental and health objectives.

Faber Ventures is a Lisbon-based venture capital firm that backs early-stage, deep-tech startups. Founded around 2013, it focuses on science-driven companies advancing AI, data analytics, climate tech, ocean tech, and Web3 across Southern Europe, notably Spain and Portugal. The firm follows a thesis-driven approach and supports portfolio companies with dedicated funds, investment teams, and expert advisors to accelerate global growth. It has backed entrepreneurs building in AI/Data, Web3, and climate-related applications, including early bets on Unbabel, SWORD Health, Codacy, iLoF, and YData.

Sport Horizon Holding is a venture capital firm established in 2020 and located in Turin, Italy. The company specializes in investing in technology startups within the sports and entertainment sectors across Europe. By focusing on innovative and emerging businesses, Sport Horizon Holding aims to foster growth and development in these dynamic industries.

Heartcore Capital is a venture capital firm founded in 2007 in Copenhagen, Denmark, with offices in Copenhagen, Berlin and Paris. The firm manages multiple funds and invests in seed to growth-stage startups across Europe, with occasional investments in the United States. It backs consumer internet brands, software, health and wellness, e-commerce and other technology-enabled sectors, emphasizing support for ambitious founders and personal development alongside business growth. Heartcore has backed more than 70 founding teams across Western Europe and beyond, aiming to partner with entrepreneurs as trusted collaborators rather than traditional financiers.

Frontline Ventures is a venture capital firm headquartered in Dublin, Ireland, with offices in London and San Francisco, that backs globally ambitious business-to-business software companies across the United States and Europe. Founded in 2012, it supports startups from inception to growth through its early-stage and growth programs, leveraging a team of entrepreneur-investors to help portfolio companies navigate cross-border expansion. The firm emphasizes value-added support over capital quantity, drawing on a global network of experienced operators and advisors to assist founders at pivotal moments and drive scalable growth in B2B software businesses.

Headline is a San Francisco based venture capital firm founded in 1998 that operates globally with a presence in seven cities and leads rounds across stages. It maintains a multi fund approach, with Early Stage funds across the US, Europe, Asia and Brazil and a Growth Fund based in San Francisco that backs companies from Series B onward, enabling it to identify local trends and back scale across geographies. The firm backs a broad range of sectors including consumer, media, financial services, healthcare, information technology, SaaS, cybersecurity, e commerce, artificial intelligence and digital health, and has a notable portfolio featuring Sonos, The RealReal, Creditas, Sorare, Pismo, AppFolio, GoPuff, Acorns, Farfetch, Segment, Bumble and Yeahka. Headline also runs an Asia arm, Headline Asia, based in Tokyo, investing in East, South and Southeast Asia across B2B, media, fintech, healthcare, IT, e commerce, AI and other sectors, with activity including a 2020 vintage Asia IV fund focused on the region. Headline positions itself as a global, founder friendly investor that seeks to partner with ambitious entrepreneurs to build lasting companies.

Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.

WiseNext is a venture capital investment firm established in 2016 and based in Lisbon, Portugal. The company specializes in providing financial support and resources to young entrepreneurs who have innovative ideas with societal impact. Focused primarily on the information technology sector, WiseNext offers not only capital but also valuable knowledge and networking opportunities to help these entrepreneurs succeed in their ventures.

Notion Capital is a London-based venture capital firm that funds early-stage technology companies, with a focus on B2B software as a service, cloud computing and enterprise technologies. Founded in 2009, it operates across Europe, North America and Asia-Pacific, offering entrepreneur-led support to help high-potential startups scale. The firm backs companies in a broad range of sectors including cloud, SaaS, cybersecurity, fintech, data, ad tech, logistics, mobility, IT services, insurtech and health tech, typically at Series A and beyond, with an emphasis on software-driven and cloud-based business models.

APX is a Berlin-based venture capital firm and accelerator that invests in early-stage startups across Europe. The firm is supported by prominent partners Axel Springer and Porsche, focusing on companies with scalable digital business models and global ambitions. Since its inception in 2018, APX has made over 60 investments in startups from 20 different countries, collaborating with more than 100 co-investors. The firm seeks out dynamic founding teams and sustainable business ideas, aiming to foster innovation and growth in various sectors. Currently, APX maintains a portfolio of 15 investments and continues to explore opportunities with inspiring entrepreneurs.

Talis Capital is a London-based venture capital firm that backs early-stage technology companies with global potential. Founded in 2009, it has deployed over $600 million into startups across the United States and Europe, focusing on emerging technologies such as fintech, data analytics, regtech, cybersecurity, robotics software, insurtech, IoT, digital health, direct-to-consumer, proptech, food and agtech. The firm pursues long-term partnerships and leverages its network to help portfolio companies scale internationally. Its portfolio includes Darktrace, Onfido, iwoca, Pirate Studios, Luminance, Threads, Ynsect and Oh My Green.

FundersClub is a venture capital firm and online investment platform founded in 2012 and based in San Francisco, California. It focuses on seed and early-stage investments in technology and technology-enabled companies, providing capital and guidance through an online model. The firm has backed a portfolio that includes Coinbase, Instacart, Flexport, Le Tote, Teespring, Memebox, and GitLab, and it operates globally to pursue seed and Series A rounds. Backed by a network of well-known investors, FundersClub emphasizes accessible venture investing by connecting founders with capital and resources.

Tuesday Capital is a San Francisco-based venture capital firm that targets early-stage technology companies, with a focus on seed-stage investments in information technology-enabled businesses. Founded in 2011 as CrunchFund, the firm rebranded to Tuesday Capital in 2019 to continue funding emerging startups in the technology sector.

Seedcamp is a European seed-stage venture capital firm based in London that identifies and invests early in founders tackling large global markets with technology. It supports a community of more than 400 startups, including publicly listed UiPath and Wise and unicorns such as Revolut, Hopin, Sorare, Pleo and wefox, as well as fast-growing companies like Grover, viz.ai and Ezra. The firm accelerates founders by providing smart capital, a lifelong community, and a global network built on more than a decade of backing exceptional talent.

DIventures is a venture capital firm focused on accelerating FinTech and RegTech innovations and trends.

Augmentum Fintech is a London-based venture capital firm that concentrates on fintech and related financial services technologies across Europe, including the United Kingdom. Founded around 2009–2010, the firm targets early- to growth-stage companies in sectors such as fintech, banking, insurance, asset management, e-commerce, and other software and technology areas. It typically makes equity investments in the range of approximately UK£3 million to UK£10 million and seeks to back high-potential businesses with long-term capital to accelerate growth across Europe.

Crane Venture Partners is a London-based venture capital firm founded in 2015 that backs seed and early-stage European technology companies, with a focus on enterprise software, SaaS, machine learning, data and artificial intelligence, including intelligent enterprise and deep-technology businesses. The firm invests across Europe, including pre-Series A rounds, and supports founders in developing and executing effective go-to-market strategies.

Beta Capital is a Portugal-based private equity and venture capital firm that makes direct investments in seed and early-stage technology companies and also participates in fund-of-funds through other venture funds. It takes minority stakes in portfolio companies, supports technology-intensive ventures including information technologies, energy, ICT, electronics, new materials, renewable energies, and biotechnology, and seeks university spin-offs and technology transfer opportunities. The firm prefers early-stage opportunities, often with Portugal focus, and typically invests €0.05-€1 million in equity and up to $0.08 million in debt, with a typical 4–6 year horizon (extendable). It engages via its own capital and/or a fund, providing hands-on support and forming relationships with entrepreneurs. Exit strategy targets higher-stage development bringing in corporate investors or traditional venture capital firms. Founded in 2003 and based in Porto, Beta Capital emphasizes technology-based projects and collaboration with universities and research centers.

Samsung Electronics is a global technology company based in South Korea that designs, manufactures, and sells a wide range of electronics and device solutions. Its portfolio spans consumer electronics (mobile devices, televisions, home appliances, cameras), information technology products (PCs, peripherals, printers), semiconductors, memory and storage, and display technologies. The company also provides telecommunications infrastructure and related services, and conducts extensive research and development to advance core technologies. With a global footprint across Korea, China, the Americas, Europe, and the Asia Pacific, Samsung Electronics is a leading supplier of smartphones, memory chips, and displays, and it coordinates significant manufacturing and supply chain activities to support its varied product lines.

Scale Venture Partners is a Foster City, California-based venture capital firm focused on early-stage technology companies in the United States. It concentrates on intelligent business software, cloud, SaaS, artificial intelligence and machine learning, infrastructure, security, and related verticals, investing in software and platform-enabled businesses from seed to growth stages. Scale Venture Partners supports portfolio companies with a value-acceleration program that assists go-to-market strategy, product development, and operations, and provides access to a proprietary dataset of SaaS metrics covering growth, efficiency, churn, and burn to benchmark performance as companies scale. The firm seeks opportunities that leverage scalable software platforms and data-driven growth, helping teams move from initial customers toward market leadership.

Lakestar is a Zurich-headquartered venture capital firm that backs technology-enabled businesses across Europe and the United States. It focuses on deep tech, digitalization, artificial intelligence, financial technology and healthcare, seeking to identify, fund, and grow disruptive ventures founded by exceptional entrepreneurs. The firm provides active support to portfolio companies in areas such as business development, recruitment, technology, product development and regulatory insight, guiding founders from seed to growth stages. Lakestar has backed well-known early investments in Skype, Spotify, Facebook and Airbnb, and manages more than €2 billion across multiple early-stage and growth funds, maintaining a presence in Berlin, Zurich and London.

Polychain Capital is a venture capital firm based in San Francisco, founded in 2016, that invests in blockchain technologies, protocols, and companies to advance global adoption of cryptocurrencies. The firm supports the development of the blockchain ecosystem and provides capital to projects across the space. It operates as a registered investment adviser (RIA).

Basinghall Partners is a London-based venture capital firm established in 2017 that makes seed and early-stage investments in B2B technology startups across Europe. The firm targets UK and EU-based companies in sectors such as software-as-a-service, digital platforms, IoT, AI and machine learning, big data, robotics, 3D printing, cybersecurity, blockchain, and augmented and virtual reality, with experience across supply chain, product development, forecasting, predictive analytics, production, and services. It funds businesses developing cross-industry solutions that improve efficiency, expand market share, or enable new business models in traditional industries. Typical investments range from EUR 250,000 to EUR 5 million, supporting early product development and go-to-market activities for technology-enabled ventures.

Bionova Capital is a seed and early-stage venture capital firm focused on healthcare and life sciences in Europe. It was founded in 2015 in Lisbon, Portugal by the shareholders of Hovione, a major Portuguese pharmaceutical group. The firm backs early-stage therapeutics, digital health, and medical technology startups, typically taking minority stakes and investing between €200,000 and €1,000,000 per project to support development and growth.

Wellington Partners is a Munich-headquartered venture capital firm, established in 1998, with offices in London and Zurich. It invests in technology and life sciences companies across Europe, focusing on digital media, software, electronics and photonics, resource efficiency, and biotech. The firm typically leads financing rounds from €0.5 million to €20 million, with its commitment potentially up to €15 million depending on maturity. It targets early-stage and growth-stage investments in digital health, software, life sciences, and related technology sectors, aiming to provide entrepreneurs with the resources to execute their strategies.

Bynd Venture Capital is a Lisbon-based venture capital firm specializing in seed and early-stage technology investments. It backs companies in IT, digital and sustainability sectors, including Lifesciences and Clean Tech, and seeks minority stakes. The firm focuses on Europe, especially Portugal, and on startups with ties to Portugal or Spain, as well as ventures connected to these markets; it also considers opportunities in the United States. Founded in 2010 as Busy Angels, the firm operates from Portugal.

TempoCap is a London-based venture capital firm focused on technology in Europe. Founded in 2006, it targets fast-growing, sizeable technology companies, providing growth capital to accelerate expansion and offering liquidity solutions to sellers such as entrepreneurs and investors. The firm engages in both single-asset and portfolio investments and structures transactions to align with seller objectives. TempoCap also pursues secondary direct investments through advised funds, acquiring portfolios from various investors, and advises on acquisition, management and realization of venture and growth capital investments.

NFX is a San Francisco-based venture capital firm focusing on pre-seed and seed investments in technology startups. It positions itself as founder-centric, aiming to improve the early-stage experience through software-enabled processes and by applying growth techniques that leverage network effects. The firm describes its founders as entrepreneurs first and seeks to back the next generation of creators by aligning with their needs and the broader ecosystem. Its investment scope spans software, fintech, e-commerce, data products, marketplaces, and related tech sectors across regions, supported by multiple funds to back early-stage opportunities.

Viola Group is an Israel-based technology-focused investment group with multiple dedicated arms, including Viola Ventures, Viola Growth, Viola Credit, Viola Partners and Viola FinTech. Founded in 2000, the group provides long-term capital and value-added support to tech companies across stages, from early venture to growth and credit financing, with a broad geographic reach in Israel and globally. Viola Group manages over three billion dollars in assets and has backed more than 200 technology companies, leveraging specialized teams, extensive networks, and strategic partnerships to help portfolio companies scale in sectors such as software, cybersecurity, fintech, semiconductors, and deep technology. The firm operates as a multi-strategy house, allowing independent arms to pursue distinct investment approaches while sharing services and expertise to drive durable returns for global institutional investors and private partners. Its approach combines capital with hands-on partnership to build transformational technology businesses.

Structure Capital is a San Francisco-based venture capital firm that funds seed-, early-, and Series A-stage technology companies. The firm concentrates on software and technology-enabled businesses and seeks opportunities that create new markets or buyers by exploiting under-utilized assets and excess capacity, including models that repurpose assets and services to unlock value. It combines capital with time, experience, and relationships to help entrepreneurs scale, taking an active, hands-on approach. Early investments typically range from about 100,000 to 200,000 in the earliest rounds, with a pattern of following on into later rounds. The firm has backed notable startups, including Uber, reflecting its emphasis on supporting teams through multiple stages of growth.

Point72 Asset Management is a global investment manager led by Steven A. Cohen that invests across multiple asset classes and strategies, including discretionary long/short equities, quantitative approaches, macro strategies, and private investments. The firm serves pooled investment vehicles, launches and manages hedge funds, and uses fundamental analysis to guide its investments. It is headquartered in Stamford, Connecticut, with affiliated offices in New York, London, Poland, Hong Kong, Tokyo, and Singapore.

Greycroft is a venture capital firm based in New York and Los Angeles that concentrates on technology startups, with a focus on the Internet and mobile markets. The firm uses its extensive media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, bring products to market, and scale successful businesses. Since inception Greycroft has invested in more than 200 companies and manages over $1 billion in capital. Its investment scope spans consumer internet, fintech, healthcare, and enterprise software, reflecting a broad approach to funding early- and growth-stage ventures in technology sectors.

AfterWork Ventures is a venture capital firm based in Sydney, Australia, founded in 2019. It focuses on early-stage investments in technology and software companies. The firm emphasizes a founder-friendly approach, aiming to respect founders' time and effort by offering a transparent, value-adding investment process designed to reduce unnecessary due diligence and facilitate progress at every stage.

D1Ventures is a venture capital firm established in 2019 and located in Beijing, China. The firm focuses on investing in a range of sectors associated with the decentralized economy, including decentralized finance (DeFi), blockchain infrastructure and tooling, gaming and the metaverse, and Web3 social applications. Additionally, D1Ventures targets investments in various blockchain ecosystems such as Polkadot, NEAR, Cosmos, and Moonbeam, as well as in areas related to non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and privacy solutions. The firm's mission is to support the growth of the open economy by backing innovative projects and technologies in these emerging fields.

HTX is a blockchain asset financial services provider offering exchange, trading, wallet, and storage services for digital assets, founded in 2013.