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Venture capital firms in Lisbon

Updated 23 Oct 2026

60
Venture capital firms in Lisbon
60
Rows shown
8
Stages recorded
1
Other types here
60 rows
# Name Location Investments Lead Exits People
1 Shilling VC Lisbon, Portugal 111 21 12 9
2 Armilar Venture Partners Lisbon, Portugal 101 37 13 8
3 Explorer Investments Lisbon, Portugal 90 50 10 9
4 Faber Lisbon, Portugal 89 25 11 12
5 Indico Capital Partners Lisbon, Portugal 82 56 5 8
6 Caixa Capital Lisbon, Portugal 81 13 6 3
7 Bynd Venture Capital Lisbon, Portugal 72 12 7 6
8 LC Ventures Lisbon, Portugal 64 13 5 1
9 Iberis Capital Lisbon, Portugal 56 25 3 19
10 Lince Capital Lisbon, Portugal 55 21 2 8
11 MSM Lisbon, Portugal 50 18 3 5
12 maze impact Lisbon, Portugal 44 0 2 11
13 Start Ventures Lisbon, Portugal 34 4 3 4
14 BlueCrow Capital Lisbon, Portugal 33 12 0 20
15 Valutia Lisbon, Portugal 27 4 3 8
16 Best Horizon Lisbon, Portugal 26 0 1 0
17 Semapa Next Lisbon, Portugal 24 5 1 4
18 Ask Capital Lisbon, Portugal 23 15 4 3
19 HCapital Partners Lisbon, Portugal 19 8 0 9
20 WISENEXT Lisbon, Portugal 17 1 0 1
21 GED Ventures Portugal Lisbon, Portugal 16 11 1 0
22 Shapers Lisbon, Portugal 15 0 1 0
23 Lightshift Capital Lisbon, Portugal 14 4 1 6
24 Cedrus Capital Lisbon, Portugal 14 1 2 6
25 Oxy Capital Lisbon, Portugal 12 4 3 0
26 Alpac Capital Lisbon, Portugal 10 7 2 5
27 M4 Ventures Lisbon, Portugal 9 1 0 2
28 Alea Capital Partners Lisbon, Portugal 8 5 0 6
29 Bionova Capital Lisbon, Portugal 8 1 0 0
30 COREangels EnterpriseTech Lisbon, Portugal 8 0 0 16
31 N1 investment company Lisbon, Portugal 7 2 0 1
32 StableNode Lisbon, Portugal 7 0 2 0
33 Nabais Capital Lisbon, Portugal 6 0 1 0
34 Novabase Capital Lisbon, Portugal 6 0 1 4
35 w3coins Lisbon, Portugal 4 0 1 0
36 hypra.fund Lisbon, Portugal 3 3 0 1
37 Gotbit Lisbon, Portugal 3 2 0 0
38 3 Comma Capital Lisbon, Portugal 3 1 0 10
39 Pacific Capital Partners Lisbon, Portugal 3 1 0 0
40 Raspberry Lisbon, Portugal 3 0 0 13
41 Teal Impact Lisbon, Portugal 3 0 1 3
42 Biovance Capital Lisbon, Portugal 2 2 0 0
43 Hangar X Lisbon, Portugal 2 1 0 0
44 Aquarius Innovation Fund Lisbon, Portugal 2 0 0 0
45 Beta-i Lisbon, Portugal 2 0 0 0
46 Capital criativo Lisbon, Portugal 2 0 0 0
47 InterCapital Lisbon, Portugal 2 0 0 0
48 Luminous Futures Lisbon, Portugal 2 0 0 0
49 Ground Capital Lisbon, Portugal 1 1 0 0
50 Bright Ventures Lisbon, Portugal 1 0 0 12
51 Bromelia Capital Lisbon, Portugal 1 0 0 0
52 Tejo Ventures Lisbon, Portugal 1 0 0 0
53 The Ongoing Group Lisbon, Portugal 1 0 0 0
54 Three51 - Teamplay Ventures Lisbon, Portugal 1 0 0 0
55 AgileGTM Capital Lisbon, Portugal 0 0 0 0
56 Dealflow.eu Lisbon, Portugal 0 0 0 0
57 DRVE Lisbon, Portugal 0 0 0 0
58 Kopylkov Lisbon, Portugal 0 0 0 0
59 MeuCapital Lisbon, Portugal 0 0 0 0
60 Transatlantic Highway Ventures Lisbon, Portugal 0 0 0 0

Table 1. Venture capital firms in Lisbon, by recorded investments. Source: FundingWatcher. Data as of 23 October 2026. Base: 60.

Investment stages

Among these 60
Early stage investors41 Seed investors41 Venture investors11 Private equity investors10 Late stage investors10 Convertible note investors6 Non equity assistance1 Grant makers1

Other investors in Lisbon

Angel investors27

Venture capital firms elsewhere

New York1,534 San Francisco1,118 London1,053 Singapore590 Beijing425 Los Angeles348 Paris339 Shanghai332 Boston315 Palo Alto311 Seoul306 Chicago258 Tokyo255 Toronto250 Berlin220 Menlo Park211 Hong Kong210 Dubai200 Austin194 Mumbai194 Stockholm179 Shenzhen175 Amsterdam171 Tel Aviv170
Cite: FundingWatcher, 60 venture capital firms in Lisbon, 23 October 2026. https://fundingwatcher.com/investors/venture-capital-firms/lisbon-lisboa/