/Investor DB

HCapital Partners

Private equity

Lisbon · 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.

Stage
Seed–Growth
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
Andreia Pires· Administrative Managerin
António Maria Bual· Analystin
Daniela Santos· Financial Directorin
Homero Coutinho· Board Memberin
Miguel Matos Rosa· Associatein
Rui Pedro Pires· Associatein

What they invest in

from 7 of 33 portfolio companies

AI & 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 path

By year:2024 · 12019 · 12 dated

Automaiseautomaise.comin

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

Dingoodingoo.ptin

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

Eneidaeneida.ioinJul 2024

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

Frotcomfrotcom.comin𝕏

Frotcom International provides intelligent vehicle tracking and fleet management systems to transportation and logistics operators.

Enterprise SoftwareIoTLogistics & Supply ChainSaaSCarnaxide, PT

Glartekglartek.comin

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

Omniflowomniflow.ioinJan 2019

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

Solzaimasolzaima.co.uk

Solzaima offers biomass heating solutions for home heating, providing guidance on choosing and buying equipment along with technical assistance, maintenance, warranty support, and spare parts.

CleantechConsumerEnergy

Nuno Matos Sequeirain

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 companies
Glartek Secures €2 Million in Funding

Glartek · 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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