Fundraising Fox

Portugal Ventures

Venture capital

Porto · Pre-Seed–Series C

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Investment thesis

Portugal Ventures invests in early-stage Portuguese companies, supporting them from seed series through Series D rounds. The firm focuses on four core areas: digital and technology, industry and technology, health technologies, and tourism. It operates a broad partner network spanning ignition partners, capital partners, and corporate partners to help scale its portfolio companies.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series C
Check
$54K – $1.6M
HQ
Porto, PT
Instruments
Equity
Founded
2012
AUM
$316.8M
Tracked investments
7

What they invest in

from 6 of 7 portfolio companies

SaaS ×3AI & Machine Learning ×2Developer Tools ×2Advanced Manufacturing ×1Biotech ×1Cybersecurity ×1Deep Tech ×1Enterprise Software ×1

HQs:Portugal×2United States×2

Investments · 7 tracked

founders shown can be your intro path
FiberSightfibersight.ptin✓ verified

FiberSight develops distributed fiber-optic sensing systems that collect temperature and humidity data across large and complex areas, paired with data-analysis software.

Deep TechHardwareIoT

Tiago Neves(Founder & CEO)Manuel Soeiro(Co-founder & CTO)

Co-investorsParticle

Immunethepimmunethep.comin✓ verified

IMMUNETHEP is a biotechnology company, spun off from the University of Porto, developing immunology-based technology originating from the Laboratory of Immunology of ICBAS.

BiotechHealthtechCantanhede, PT

Pedro Madureira(Founder & CSO)Bruno Santos(CEO)

Co-investorsBeta CapitalVenture Catalysts

Bica

Cambridge, US

Vasileios John Gianoukos(Executive Officer, Director)

BoardEric Emmons(Director)inCarl Nehme(Director)

Co-investorsMassMutual Ventures

Didimodidimo.co

Didimo develops Popul8, a tool that automates character creation for video games by generating fully-rigged NPCs, crowds, and customizable avatars from a studio's own topology and specifications, with dynamic asset fitting and QA verification.

AI & Machine LearningDeveloper ToolsGamingDover, US

Veronica Orvalho(Executive Officer, Director)Veronica Costa Orvalho(Founder)inDominic Gualtieri(Executive Officer, Director)Susan Standiford(Director)

Co-investorsBright Pixel CapitalChamaeleonArmilar Venture PartnersTechstars

Glartekglartek.cominJul 2025

Glartek offers a mobile-first, no-code Environment, Health, Safety, and Quality (EHSQ) Connected Worker platform that supports frontline industrial workers with guided workflows, real-time collaboration, and AI features such as risk assessment, inspections, and root cause analysis.

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsAugust OneHCapital Partners

Jscramblerjscrambler.comin𝕏Feb 2025 · $5.2M

Jscrambler provides client-side security software that monitors and controls third-party and AI-powered scripts running in the browser to prevent supply chain attacks, data leaks, and code tampering.

CybersecurityDeveloper ToolsEnterprise SoftwareSaaS

Co-investors33NBright Pixel CapitalChamaeleonSonae IMAce Capital Partners

Passworkspassworks.ioin𝕏

Passworks appears to offer a service for creating and delivering digital passes (e.g. mobile wallet passes) sent to users via email.

Marketing TechSaaS

Co-investorsFaber

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Portugal Ventures invest at?
Portugal Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C stages.
What is Portugal Ventures's typical check size?
Portugal Ventures typically writes checks of $54K – $1.6M.
What sectors does Portugal Ventures focus on?
Portugal Ventures focuses on Advanced Manufacturing, AI & Machine Learning, Deep Tech, Healthtech, Sector Agnostic, Travel & Hospitality.
Where is Portugal Ventures located?
Portugal Ventures is headquartered in Porto, PT.

Media · Podcasts & interviews

from their channel

Webinar Call Leiria 4ed 29 07 2025

Portugal Ventures

Webinar | Call Leiria Crescimento

Portugal Ventures

Webinar Call INNOV-ID (5ª Edição)

Portugal Ventures

Webinar Call Leiria Crescimento (2ª edição)

Portugal Ventures

Webinar Call Leiria Crescimento 17-07-2024

Portugal Ventures

Webinar Call WIT

Portugal Ventures

Co-investors · 6

33N

33N is a European venture capital firm that invests globally in category-leading companies across cybersecurity, AI, and defense.

Both backed · 1
$4.3M – $13M
Armilar Venture Partners

Armilar Venture Partners is an early-stage venture capital firm that backs teams using technology to address major societal challenges.

Both backed · 1
$200K – $10M
Menlo Ventures

Menlo Ventures is a venture capital firm that invests in transformative, early-stage AI companies across every layer of the modern AI stack, from applications and middleware to data infrastructure and foundation models.

$1M – $20M
Flybridge Capital Partners

Flybridge Capital Partners is an early-stage venture capital firm that invests in entrepreneurs building companies with global reach. The firm focuses on supporting innovative ventures from their initial funding stages.

$250K – $10M
14W

14W is a venture capital firm that invests in consumer internet, marketplace, ecommerce, consumer packaged goods, and media companies.

Indico Capital Partners

Indico Capital Partners is a venture capital firm backed by global institutions, funds of funds, corporates, education institutions, family offices and individual entrepreneurs, supporting promising companies and founders.

$250K – $10M

Firms observed investing alongside Portugal Ventures, from public investor directories. Shared companies are the overlap with Portugal Ventures's recorded portfolio.

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