Lince Capital
Venture capitalLisbon · Seed–Late Stage · 36 people tracked
Investment thesis
Hybrid VC/PE/real estate investor backing Portuguese scaleups (Feedzai, Sword Health) plus hotels, industrial and health ventures, leveraging 30+ years of family-platform experience beyond software-first VC.
Source: firm website, verified Aug 3, 2026.
Team · 36 people
from the firm's website & public directoriesWhat they invest in
from 19 of 52 portfolio companiesAI & Machine Learning ×7SaaS ×7Consumer ×4Data & Infrastructure ×3Advanced Manufacturing ×2Biotech ×2Cybersecurity ×2Digital Health ×2
HQs:Portugal×9United Kingdom×2United States×2
Investments · 52 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12024 · 22023 · 37 dated
AceCann cultivates, processes, and extracts medical cannabis products aimed at the European market.
BiotechHealthtech
Co-investorsAmaral Family InvestmentsBlueCrow CapitalCasa Verde Capital
AlgarExperience offers boat tours and sea-based experiences along Portugal's Algarve coast, including trips to the Benagil Caves and Ponta da Piedade, dolphin watching, sunset cruises, water sports, and yacht charters.
ConsumerTravel & Hospitality
Bairro do Avillez is a gastronomic destination in Lisbon's Chiado district, created by chef José Avillez, that brings together four distinct dining concepts in one historic building.
ConsumerLisbon, PT
José Avillez(Chef & Founder)
BHOUT builds a smart, AI-powered boxing bag and operates fitness clubs that combine gaming technology with boxing workouts.
AI & Machine LearningGamingSports TechPorto, PT
Co-investorsCOREangelsExplorer Investments
Bizay is an online printing platform where businesses order customized marketing and promotional products including business cards, flyers, stickers, banners, packaging, branded clothing, and office supplies.
Advanced ManufacturingE-commerceMarketplaces
Co-investorsIndico Capital PartnersLeadX Capital PartnersShilling VC
Cargofive provides digital software to freight forwarders and shippers to automate manual logistics operations and streamline international trade management.
Enterprise SoftwareLogistics & Supply ChainSaaSLisbon, PT
Co-investorsEIT Urban Mobility AcceleratorTechstars
Coverflex offers a compensation management platform that lets companies build flexible, personalized compensation and benefits packages for their employees, aiming to reduce costs and give workers more value.
FintechHR TechInsurTechSaaS
Co-investorsArmilar Venture PartnersBerliner Volksbank VenturesDraycottEndeavor CatalystMS&AD VenturesRedstone+2 more
Feedzai provides AI-powered fraud detection and financial crime prevention for banks and financial institutions.
AI & Machine LearningCybersecurityFintech
Nuno Sebastião(Founder & CEO)in
Co-investors33NArmilar Venture PartnersBright Pixel CapitalDCVC (Data Collective)Dozen InvestmentsGutbrain Ventures+9 more
FRVR operates a platform that publishes and distributes a large catalog of casual browser and mobile games across genres such as puzzle, arcade, racing, sports, and merge games.
ConsumerGamingMedia & EntertainmentLondon, GB
Chris Benjaminsen(Founder)Dan Friedlaender(Founder)in
Co-investorsAccelHiro CapitalIndico Capital PartnersMakers FundSamsung Next
iLoF operates a cloud-based library of optical fingerprints built with photonics and AI, offering a non-invasive, blood-based screening test that stratifies patients for clinical trials.
AI & Machine LearningBiotechDigital HealthLondon, GB
Co-investorsFaberLunar VenturesSie Ventures
kencko makes powdered superfood smoothies produced from flash-frozen and slow-dried real fruits and vegetables with no additives, sold direct-to-consumer via subscription boxes of 28 or 40 servings.
Direct to ConsumerFoodTechWellness & Fitness
Co-investorsCheyenne VenturesDraycottFLORA VenturesSemapa NextShilling VC
Neuraspace offers an AI/ML platform for satellite collision avoidance and space traffic management, automating conjunction risk assessment and providing manoeuvre suggestions up to five days before a close encounter.
AI & Machine LearningDeep TechSpace Tech
Co-investorsArmilar Venture PartnersExplorer Investments
Nutrium provides nutrition software for dietitians covering booking, meal plans, appointments and follow-up, and offers Nutrium Care, an employee nutrition benefit combining online dietitian appointments, AI-assisted monitoring and corporate nutrition workshops.
Digital HealthSaaSWellness & FitnessBraga, PT
André Santos(Founder)
Co-investorsBeta CapitalOW Ventures
Sensei connects robotics companies with human operators to collect real-world training data at scale.
Advanced ManufacturingAI & Machine LearningData & InfrastructureMarketplacesRoboticsBoston, US
Anubhav Guha(Founder)inJohn Piotti(Founder)in
Co-investorsCalibrate VenturesLotus Venture PartnersY CombinatorBlueCrow CapitalExplorer InvestmentsKamay Ventures
SENSEIDATA develops retail technologies including autonomous and hybrid stores, pods, zero-waste vending cabinets, and AI-driven data systems for the next generation of retail.
AI & Machine LearningRetail TechSaaSLisbon, PT
Co-investorsBlueCrow CapitalBright Pixel CapitalChamaeleonLeadX Capital PartnersSonae IMTechstars+2 more
Portuguese online platform to discover, book and pay for wellness, beauty and fitness services, with 24/7 bookings and cashback rewards.
Lisbon, PT
Miguel Alves Ribeiro(Founder)Shakil Satar(Founder)
Co-investorsOW Ventures
Virgílio ("V") Bento(Founder)in
Co-investorsArmilar Venture PartnersDraycottEarl Grey CapitalFaberFounders FundHakluyt Capital+6 more
Vawlt provides a multicloud data storage and security solution that moves company data to the cloud across multiple providers (cloud-of-clouds), aimed at organizations seeking greater data control and security.
Cloud ComputingCybersecurityData & InfrastructureLisbon, PT
Ricardo Mendes(Co-Founder & CEO)inTiago Oliveira(Co-Founder & CTO)inAlysson Bessani(Co-Founder & Tech. Advisor)in
Co-investorsArmilar Venture PartnersBasinghall PartnersBeta CapitalShilling VC
Visor is a car search and market research platform that aggregates inventory from multiple sources and provides buyers with transparent pricing, listing history, and market insights without dealer-influenced rankings or advertising.
B2B MarketplacesConsumerData & InfrastructureSaaSWilmington, US
Cole Smith(Founder)in
Co-investorsLux CapitalTechstarsAccelFika VenturesM4 VenturesMaveron+2 more
Visor is a project visualization and reporting tool that syncs two-way with Jira, Asana, and Salesforce to create Gantt charts, roadmaps, spreadsheets, Kanban boards, and dashboards.
Enterprise SoftwareFuture of WorkSaaS
Co-investorsConvergeFitz Gate VenturesTectonic VenturesFika VenturesLux CapitalM4 Ventures+2 more
Portfolio news
latest coverage across their companiesNeuraspace · pulse2.com · Aug 14, 2026
Cargofive · eu-startups.com · Mar 2, 2026
Sensei · stocktitan.net · Feb 18, 2026
Sensei · stocktitan.net · Feb 18, 2026
Feedzai · fintechfutures.com · Oct 7, 2025
Frequently asked questions
- How many investments has Lince Capital made?
- Lince Capital has 47 tracked investments, including 2 dated in the last 24 months.
- What stage does Lince Capital invest at?
- Lince Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does Lince Capital focus on?
- Lince Capital focuses on Advanced Manufacturing, Enterprise Software, Fintech, Healthtech, PropTech, Retail Tech, SaaS.
- Where is Lince Capital located?
- Lince Capital is headquartered in Lisbon, PT.
- Does Lince Capital lead rounds?
- Lince Capital typically participates in rounds rather than leading them.
- Who does Lince Capital co-invest with?
- Lince Capital most often shares deals with Shilling VC, Armilar Venture Partners, Draycott, among 50 tracked co-investors.
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