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7 Venture Capital Firms in Lisbon

By 
Nicolás Cerdeira
 | 
Updated: 
November 9, 2022
 | 
Early StepsFundsPeopleProductFailureStoriesGrowthReviewsResourcesVC Firms

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Finding the right VC firm or investor isn’t easy. Some will provide mentorship and operational expertise. Others will only provide you with the capital.

Here’s a list of the top venture capital firms in Lisbon so that you can find an investor that fits you and your startup.

7 Venture Capital Firms in Lisbon

1) Antler

Antler

Antler is a venture capital firm providing early-stage investments and global residency programs to support founders worldwide.

Details of the VC firm:

  • Country: Singapore, Germany, Netherlands, Denmark, Portugal, United Kingdom, Spain, Norway, France, Sweden, Australia, India, Vietnam, Indonesia, South Korea, Japan, USA, Canada, Kenya
  • City: Berlin, Amsterdam, Copenhagen, Lisbon, London, Madrid, Oslo, Stockholm, Paris, Bangalore, Ho Chi Minh City, Jakarta, Seoul, Tokyo, Austin, Boulder, New York, São Paulo, Toronto, Nairobi, Sydney
  • Started in: 2017
  • Founders: Magnus Grimeland,Fridtjof Berge, Dilan Mizrakli Landgraff, Vegard Medbo, Jussi Salovaara
  • Industries: AI & ML, Consumer, Crypto & Blockchain, Cybersecurity, E-Commerce, Fintech, SaaS, Gaming, Proptech & Real Estate, Internet & Mobile, Food & Beverage, Supply Chain & Logistics, Healthcare, Media
  • Stages: Pre-Seed, Seed, Early Stage
  • Number of investments: 365
  • Number of exits: 3
  • Funds raised: $82,200,000
  • 3 remarkable investments: ChatFood, Baselime, Genuine Taste

You can find their website here.

You can send them an email at hello@antler.co.

2) Portugal Ventures

Portugal Ventures

Portugal Ventures is a pre-seed to series A venture capital investing in companies with offices in Portugal.

Details of the VC firm:

  • Country: Portugal
  • City: Porto, Lisbon
  • Started in: 2012
  • Founders: Rui Ferreira
  • Industries: Agriculture, Internet & Mobile, E-Commerce, Cybersecurity, Education, Human Resources, Gaming, Enterprise, AI & ML, AR & VR, SaaS, Life Sciences
  • Stages: Pre-Seed, Seed, Series A
  • Minimum check size: €50,000
  • Maximum check size: €1,500,000
  • Number of investments: 243
  • Number of exits: 79
  • Funds raised: €181,000,000
  • 3 remarkable investments: Leadzai, Relive, Spotlite

You can find their website here.

You can send them an email at contact@portugalventures.pt.

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3) Heartcore Capital

Heartcore Capital

Heartcore is a consumer technology VC investing in European B2C and B2B2C companies.

Details of the VC firm:

  • Country: Denmark, Germany, France, USA, Austria, Sweden, Spain, Hungary, Poland, United Arab Emirates
  • City: Copenhagen, Berlin, Paris, Lisbon, Stockholm
  • Started in: 2007
  • Founders: Jimmy Fussing Nielsen, Christian Lindegaard Jepsen,
  • Industries: Travel & Hospitality, Education, Entertainment, Food & Beverage, Health & Wellness, Productivity, Consumer, Gaming, InsurTech, Energy
  • Stages: Early Stage, Seed, Pre-Seed, Series A
  • Minimum check size: €300,000
  • Maximum check size: €6,000,000
  • Number of investments: 210
  • Number of exits: 51
  • 3 remarkable investments: Reddit, Insight, Werlabs

You can find their website here.

You can send them an email at contact@heartcore.com.

4) Armilar Venture Partners

Armilar Venture Partners

Armilar Venture Partners is a Portuguese venture capital firm with investments in deep tech companies across Europe and America.

Details of the VC firm:

  • Country: Portugal
  • City: Lisbon
  • Started in: 1999
  • Founders: Joaquim Sérvulo Rodrigues
  • Industries: Deep Tech & Hard Science, Healthcare, Climate & Sustainability
  • Stages: Seed, Series A, Early Stage
  • Number of investments: 81
  • Number of exits: 32
  • Funds raised: €45,000,000
  • 3 remarkable investments: Brighter AI, Reckon.ai, StudentFinance

You can find their website here.

You can send them an email at info@armilar.com.

5) Kibo

Kibo

Kibo Ventures is a Spanish venture capital firm financing tech startups in Europe.

Details of the VC firm:

  • Country: Spain, Portugal
  • City: Madrid, Lisbon, Barcelona
  • Started in: 2012
  • Founders: Aquilino Peña, Javier Torremocha, José María Amusátegui
  • Industries: Social, API, Fintech, Travel & Hospitality, Transportation, SaaS, Cloud, AI & ML, Big Data & Analytics, E-Commerce, Consumer, Enterprise, Proptech & Real Estate, Marketplace
  • Stages: Seed, Series A
  • Minimum check size: €2,000,000
  • Maximum check size: €5,000,000
  • Number of investments: 63
  • Number of exits: 20
  • Funds raised: €1,500,000,000
  • 3 remarkable investments: Trip4real, Jetlore, Captio

You can find their website here.

You can send them an email at hello@kiboventures.com.

6) Faber Ventures

Faber Ventures

Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action.

Details of the VC firm:

  • Country: Portugal
  • City: Lisbon
  • Started in: 2013
  • Founders: Alexandre Barbosa, Diogo Mónica
  • Industries: AI & ML, Big Data & Analytics, Climate & Sustainability, Crypto & Blockchain, Deep Tech & Hard Science
  • Stages: Early Stage, Seed, Pre-Seed
  • Minimum check size: €100,000
  • Maximum check size: €1,500,000
  • Number of investments: 36
  • 3 remarkable investments: Unbabel, SWORD Health, Codacy

You can find their website here.

You can send them an email at pitch@faber.vc.

7) Basinghall Partners

Basinghall Partners

Basinghall Partners is a B2B-focused venture capital firm financing early-stage European companies.

Details of the VC firm:

  • Country: United Kingdom, Germany, Portugal, Luxembourg
  • City: Luxembourg, London, Munich, Lisbon
  • Started in: 2017
  • Founders: Andrew Irvine, Ginette Oebel
  • Industries: Supply Chain & Logistics, Big Data & Analytics, Marketing, IoT, AI & ML, Robotics, Crypto & Blockchain, Cybersecurity, AR & VR
  • Stages: Early Stage
  • Minimum check size: €500,000
  • Maximum check size: €5,000,000

You can find their website here.

You can send them an email at hello@basinghallpartners.com.

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