Fundraising Fox

HCapital Partners

Private equity

Lisbon · Seed–Late Stage · 14 people tracked

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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.

Stage
Seed–Late Stage
HQ
Lisbon, PT
Instruments
Equity
Tracked investments
33

Team · 14 people

from the firm's website
Isabel Duarte Lima· Founding Partnerin
João Arantes e Oliveira· Founding Partnerin
Gonçalo Sousa Coutinho· Associate Partnerin
Óscar Martínez-Cubells· Partnerin
Pedro Castro Henriques· Associate Partnerin
Andreia Pires· Administrative Managerin
António Maria Bual· Analystin
Daniela Santos· Financial Directorin
Homero Coutinho· Board Memberin
Miguel Matos Rosa· Associatein
Pedro Duarte Melo· Analystin
Rui Pedro Pires· Associatein

Investments · 33 tracked

founders shown can be your intro path
Automaiseautomaise.comin
Avk
Dingoo
Ecozoleti
Eneida
Enline
Evio
Frotcom
Glartekglartek.comin
Gt Renewables
Hccm
Hoooked
Icebel
Italbox
Libattion
Lival
Loqr
Millasur
Native
New Spring Services
New Terracotta Ideias Detalhes
Omniflow
Progrow
Puntes
Quantal
Reefilla
Routal
Solzaima
Sunny Sunday
Teiga Tmi
Tugbot
Vidrexport
Vipremi

Frequently asked questions

What stage does HCapital Partners invest at?
HCapital Partners invests at the Seed, Series A, Growth, Late Stage 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.

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