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.

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.

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.

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.

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.

Rising Ventures is a Lisbon, Portugal-based business angel firm established in 2014 that provides early-stage capital to technology-driven startups. It concentrates on internet-based businesses and favors opportunities in sports, social, media, ecommerce, and software-as-a-service, aiming to back ventures with scalable online distribution. The firm typically engages in initial investment rounds for startups developing internet-enabled products and services.

Cedrus Capital is a financial firm based in Lisbon, Portugal, specializing in venture capital and private equity investments with a focus on small and mid-sized companies. It provides credit facilities and wealth management services, offering capital solutions and asset management to clients.

BlueCrow Capital is a venture capital firm founded in 2016 and based in Lisbon, Portugal. It invests in robotics and information and communications technology, medtech, biotech, sustainable food, leisure, industrial, and agriculture, supporting innovative companies with potential for scalable impact and value creation.

C2 Capital Partners is a growth investment firm based in Lisbon, Portugal, established in 2009. It invests primarily in assets within the ESG and clean energy sectors, including solar, wind, batteries, recycling, biofuel processing, and biomass conversion, as well as other commercial and industrial facilities, with a focus on diversification, stable distribution, inflation hedging, and volatility mitigation. The firm operates as a subsidiary of Gaw Capital Partners.

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.

Founded in 2018 and headquartered in Lisbon, Portugal, N1 Investment Fund is a venture capital firm that pursues early-stage and seed investments in fintech, software as a service, and artificial intelligence. The firm supports startups that enable innovative payments, digital banking, and rapid software integration, aiming to back scalable solutions across financial technology. Its portfolio includes fintech and tech companies such as sportbank, Asquad, TRANSENIX, Steadypay, and Heep, reflecting a focus on platforms that enhance payments, freelancing income, and no-code development.

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.

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.

Seraphim Capital is a London-based venture capital and growth equity firm focused on space technology. It invests across stages from pre-seed to pre-IPO and targets opportunities in the United States, the United Kingdom, the European Union, India and Japan. The firm leverages its global network and partnerships with leading corporates and space-related government agencies to accelerate portfolio growth, market access, partnerships, follow-on capital and potential M&A. With more than a century of combined experience and a portfolio of over 180 space ecosystem companies, Seraphim Capital has returned substantial value to shareholders and supports the commercialization of space technologies worldwide.

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.

Indaco Venture Partners is an Italian venture capital asset management firm based in Milan. It focuses on growth-stage investments in electronics, robotics, medtech, biotech, digital, and new materials, prioritizing companies with proprietary technologies and competitive advantages. While concentrating on Italian enterprises, it makes investments across Europe, the United States, Canada, and Israel.

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.

CDP Venture Capital is an Italian venture capital firm founded in 2015 and based in Rome. It invests in startups and growth companies across Italy, spanning sectors such as consumer products and services, information technology, fintech and insur-tech, healthcare and life sciences, software as a service, artificial intelligence and machine learning, virtual reality, big data, advanced manufacturing, energy, education and training, agriculture materials, and other technology-driven areas. By backing early and growth-stage ventures, it aims to support Italy's economic development and the innovation ecosystem.

Primo Capital is a venture capital firm and independent Italian platform based in Milan, founded in 2015. It operates as a multi-fund investor with four investment practices and dedicated funds focused on seed and early-stage startups. The firm targets cutting-edge technology across digital software, new space, climate technology and healthcare, with investments aligned to opportunities in the digital, healthcare, climate tech and space economy sectors.

Neva SGR is the venture capital arm of the Intesa Sanpaolo Group and wholly owned by the Intesa Sanpaolo Innovation Center. It plans and manages investment funds for professional investors seeking diversification and high-yield opportunities through venture capital investments. Backed by the resources, network, and know-how of Intesa Sanpaolo, it leverages the group’s strength and relationships to identify and pursue opportunities across seed to growth stages. Its mandate includes boosting Italy’s economy by fostering new technologies and positioning the firm as a market maker for the Italian venture capital asset class.

Frontline Ventures is a venture capital firm focused on globally ambitious B2B software companies in Europe and North America. Founded in 2012 and headquartered in Dublin with offices in London and San Francisco, the firm runs Frontline Seed to accelerate early ideas and Frontline X to support fast US and Europe expansion. With a hands-on approach, it leverages an international network and entrepreneur experience to help founders navigate critical growth moments. The firm backs B2B software companies at early and growth stages and partners with a portfolio that includes Segment, Stripe, Looker, LinkedIn, Airtable, Google and Workday.

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.

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.

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.

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.

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.

United Ventures is an independent venture capital firm based in Milan, Italy. Founded in 2013, it concentrates on early-stage investments in software and digital technologies, including fintech, cloud, internet of things, cybersecurity, marketplaces, and related sectors. The firm partners with founders to support product development, go-to-market strategies, and international expansion, aiming to back technology companies with scalable business models across Europe, with a focus on Italy. United Ventures seeks to add strategic value through hands-on guidance, networks, and operational insight, helping portfolio companies grow from early traction to regional and global markets.

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.

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.

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.

M12 is the corporate venture capital arm of Microsoft, founded in 2016 and based in San Francisco. It invests in early- and growth-stage technology companies, focusing on enterprise software, cloud infrastructure, AI, cybersecurity, developer tools, vertical software, Web3, and gaming, with activity in North America and Israel. The firm seeks opportunities across cloud computing, machine learning, security and applied AI, often offering strategic value through access to Microsoft resources and partnerships. M12 also runs accelerator programs to support later-stage startups and help accelerate growth within its portfolio.

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.

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.

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.

NextView Ventures is a Boston- and New York-based venture capital firm founded in 2010 that focuses on seed and early-stage investments across a broad set of sectors including fintech, software, B2B and consumer technologies, health, and internet-enabled businesses. The firm operates on a hands-on, high-conviction approach, often taking a lead or board role in portfolio companies and supporting them through early growth. It targets U.S. startups, with a notable emphasis on the Boston and New York ecosystems, and maintains an accelerator program that provides investment and guidance to a small number of pre-seed and seed ventures. NextView emphasizes thematic investing and aims to help entrepreneurs build companies of significance to shape a future of collective prosperity.

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.

Lakestar is a Zurich-headquartered venture capital firm founded in 2012 that backs technology-enabled companies across Europe and beyond. It targets sectors such as deep tech, digitalization, artificial intelligence, financial technology, and healthcare, and supports founders from seed to growth through advisory services in marketing, recruitment, technology, product development, and regulatory insight. The firm has backed high-profile global companies including Skype, Spotify, Facebook, Airbnb and Revolut, and maintains a presence in Berlin, Zurich and London to assist portfolio companies in expanding into new markets, particularly in Europe and the United States.

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).

NextBlue is a Tokyo-based venture capital firm focused on early-stage investments, deploying capital in Japan, Europe, and the United States. It backs startups in healthtech, femtech, fintech, consumer, and B2B software as a service, including female-led ventures, at pre-seed, seed, and pre-A stages. The firm also operates Nexthub, a coworking space in central Tokyo that supports its portfolio companies and the broader startup community.

Noosphere Ventures is an international asset management and corporate venture capital firm focused on technology-driven businesses. Established in 2014 and headquartered in Menlo Park, California, it engages in direct investments and venture activities across sectors including information technology, advertising technology, artificial intelligence, big data, e-commerce, mobile, fintech, space technology, gaming, and Internet of Things, with a portfolio aimed at building market-leading companies. The organization operates globally, supporting portfolio companies with capital and strategic guidance to accelerate growth and scale in the digital economy.

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.

Marubeni Corporation is a Tokyo-based general trading company, a sogo shosha, that operates as a global trading intermediary across a broad range of sectors. It handles import and export and participates in upstream production and downstream distribution, with activities spanning energy, petroleum, metals, chemicals, minerals, and non-resource businesses such as machinery, food, textiles, real estate, and retail. The company trades and processes a wide array of goods, provides engineering, procurement and construction services, and invests in infrastructure, power generation, and related projects. With a history dating back to the 19th century, Marubeni maintains an extensive international footprint, enabling cross-border sourcing, market development, and supply chain services for customers worldwide.

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.

Gather Ventures is a New York-based venture capital firm founded in 2019 that focuses on early-stage investments in the plant-based food ecosystem. As an operator-investor, it writes relatively large checks and takes an active, hands-on approach to support a limited number of portfolio companies, typically 3–4 per year across various sectors, with a core objective of promoting healthier plant-based consumption and related health and environmental benefits.

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.

NFX is a San Francisco-based venture capital firm that backs pre-seed and seed-stage startups. It adopts a founder-first approach, aiming to improve the early-stage experience for founders by leveraging software and sharing growth techniques rooted in network effects and visibility into the methods of successful technology companies. The firm emphasizes entrepreneurship among its founders and highlights a track record of supporting portfolio companies that achieve large exits across multiple industries and geographies. NFX invests across a broad range of sectors, including software, data products, fintech, AI, biotech, gaming, crypto, proptech, marketplaces, and related technology-enabled businesses, with activity spanning the United States and international markets.

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.

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.

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.