HCapital Partners
Private equityLisbon · Seed–Growth · 14 people tracked
Also known as HCapital
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Investment thesis
HCapital operates dedicated funds covering the full business lifecycle, from venture capital for startups to private equity for mature companies. Its venture activity, run through the New Ideas specialist funds, backs Portuguese and international early-stage innovators in energy, smart territories and mobility, industrial processes, and data and connectivity. On the private equity side, it focuses on export-oriented Iberian mid-sized companies with growth and value-creation potential under sound governance. The firm emphasizes value creation via solid growth strategies, robust capital structures, and adequate governance, working alongside portfolio executive teams to support international expansion. It integrates ESG factors as a UNPRI signatory throughout its investment and monitoring processes.
Source: firm website, verified Aug 3, 2026.
Team · 14 people
from the firm's websiteWhat they invest in
from 7 of 33 portfolio companiesAI & Machine Learning ×4Cleantech ×4SaaS ×4Energy ×3Enterprise Software ×3IoT ×3Logistics & Supply Chain ×2Advanced Manufacturing ×1
HQs:Portugal×3United Kingdom×1
Investments · 33 tracked
founders shown can be your intro pathBy year:2024 · 12019 · 12 dated
Automaise develops AI agents that automate customer service interactions, support internal teams, and orchestrate workflows for enterprise operations.
AI & Machine LearningEnterprise SoftwareSaaSBraga, PT
Co-investorsArmilar Venture PartnersBright Pixel Capital
Dingoo operates a technology platform for urban logistics and last-mile delivery using a fully electric, multimodal fleet of vans, cargo bikes, and motorcycles, with AI-based route optimization.
AI & Machine LearningCleantechHardwareLogistics & Supply ChainMobility & TransportationSaaS
Eneida develops operational analytics software for electricity distribution network operators, providing advanced monitoring and forecasting capabilities to optimize grid capacity planning and manage low-voltage infrastructure investments.
AI & Machine LearningCleantechCloud ComputingData & InfrastructureEnergyIoT
Carlos Pina Teixeira(Founder)in
Co-investorsKorys
Glartek provides EHSQ (Environment, Health, Safety, Quality) software that integrates frontline teams with management systems to enhance industrial safety, quality, and compliance.
Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaS
Bruno Duarte(CEO)in
Co-investorsAugust OnePortugal Ventures
Omniflow manufactures smart outdoor IoT devices powered by integrated wind and solar energy, including lamposts and urban furniture designed for cities and public spaces.
CleantechEnergyGovTechIoT
Co-investorsX-HUB TOKYO Global Startup AcceleratorPortugal Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AvkEcozoletiEnlineEvioGt RenewablesHccmHoookedIcebelItalboxLibattionLivalLoqrMillasurNativeNew Spring ServicesNew Terracotta Ideias DetalhesProgrowPuntesQuantalReefillaRoutalSunny SundayTeiga TmiTugbotVidrexportVipremi
Portfolio news
latest coverage across their companiesGlartek · thesaasnews.com · Jul 8, 2025
Frequently asked questions
- How many investments has HCapital Partners made?
- HCapital Partners has 33 tracked investments.
- What stage does HCapital Partners invest at?
- HCapital Partners invests at the Seed, Series A, Growth stages.
- What sectors does HCapital Partners focus on?
- HCapital Partners focuses on Advanced Manufacturing, Data & Infrastructure, Energy, Impact & Social Good, Mobility & Transportation, Sector Agnostic.
- Where is HCapital Partners located?
- HCapital Partners is headquartered in Lisbon, PT.
- Who does HCapital Partners co-invest with?
- HCapital Partners most often shares deals with Armilar Venture Partners, August One, Bright Pixel Capital, among 5 tracked co-investors.
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