# Top 50 Artificial intelligence VC (Venture Capital) Funds in Portugal in June 2026 ## Portugal Ventures - Type: VC Fund - Location: Porto, Lisboa, Portugal - Relevant deals: 24 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Health Care Verticals:Enterprise, SaaS, Security, Networks, AI, VR/AR, Marketplace, Blockchain, Internet of Things, New materials, Electronics, Robotics, Cleantech, Agrotech, Seatech, Therapeutics, Digital Health, Diagnostics, Innovative Accommodation, Tourist Entertainment Companies, Tour Operators, Wine, Nautical and Equestrian Tourism, Theme ParksMobile, Robotics Founded in 2012, Portugal Ventures is a venture capital firm based in Porto, Portugal. The firm is a part of the Banco Português de Fomento group. The firm seeks to invest in pre-seed, seed and series A stages ## Armilar Venture Partners - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 13 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Armilar Venture Partners is Portugal's leading venture capitalist. An independent VC with a 20-year-old history, a high-performance track record and an international footprint, Armilar is a deep-tech investor in ICT, HealthTech and CleanTech. ## Shilling VC - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 7 - Stages: Seed, Pre-Seed, Series A - Focus: Information Technology, Software, Internet Shilling is an early-stage venture capital firm backing exceptional founders from the start.Shilling invests in a wide range of verticals and seeks out the biggest opportunities across all B2B and consumer categories. Leveraging the concept of Founder LPs, Shilling brings much more than capital and offers through its Shilling Platform, directaccess to successful founders and executives of leading companies. This platform supports entrepreneurs in validating and developing their ventures, which then accelerate their growth into global markets. ## Faber - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 6 - Stages: Seed, Pre-Seed, Series A - Focus: Artificial Intelligence, Software, SaaS Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. The firm combines a specialist focus on deep tech early-stage startups with dedicated funds, investment teams and expert advisors to actively helpfounders build global companies powered by AI/Data, Web3 or Ocean/Climate technologies.Faber’s unique approach in Southern Europe is led by an entrepreneurial management partnership and backed by notable thesis-driven institutions and private investors. Investing since 2013, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, iLoF or YData. ## Caixa Capital - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 5 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS Caixa Capital is the Private Equity and Venture Capital arm of banking Group Caixa Geral de Depósitos and has a track record spanning over two decades of activity, since the industry was created in Portugal. It is a leading investor in terms of funds under management, portfolio size and diversity.Caixa Capital´s mission is to invest in fundsand companies, led by highly qualified management teams, with high growth and valuation potential, that enable our funds to achieve an attractive risk adjusted return and for society at large to benefit sustainably from our activity.Currently with more than 700 million Euros under management and a portfolio of over 80 investments, Caixa Capital is a reference in this area with special links to the respective European sector associations. ## Bright Pixel (formerly Sonae IM) - Type: VC Fund - Location: Maia, Porto, Portugal - Relevant deals: 5 - Stages: Series A, Series B, Seed - Focus: Software, Information Technology, SaaS Bright Pixel Capital (former Sonae IM) is the technology investment arm of the multinational group Sonae. With special focus on cybersecurity, infrastructure software, retail technologies, business applications and emerging tech, it has a portfolio of more than 60 companies, from early to growth stages. Bright Pixel acts as a partner that bringsspecialized know-how, global footprint, and a wealth of experience in helping companies from early stage to IPO. ## TheVentureCity - Type: VC Fund - Location: Miami, Florida, United States - Relevant deals: 5 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, Artificial Intelligence TheVentureCity is a global early-stage venture fund, investing in product-centric startups across the US, Europe, and Latam. With more than $150M under management, the firm invests from pre-seed and seed with a ticket size from $100-500k to Series A with $1-4M. ## LC Ventures - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series D - Focus: Information Technology, Artificial Intelligence, SaaS We’re an early stage European venture capital firm partnering with globally minded founders.We’re supportive, founder focused, and aim to work together with you as a close and collaborative team of independent thinkers. Along with the support of our entire network, each member of our team brings their own personal experience to the table. Thefirst ticket is up to 200K€ and the total investment in a given startup can be up to 1M€.We decide investments quickly, allowing the founders to get back focusing on growing the business. Our team and network of international mentors help young startups to scale quickly and to prepare for the next rounds.Our partners have been investing in tech-based startups since 2000 and have a portfolio of more than 100 companies in the USA, Brazil, The Netherlands, Spain and Portugal. ## Vesalius Biocapital Partners - Type: VC Fund - Location: Strassen, Luxembourg, Luxembourg - Relevant deals: 4 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Medical Vesalius Biocapital Partners invests in companies active in human health through venture capital funds raised since 2007. They have contributed to developing 20 companies since inception.With more than € 150 million under management in two funds. Vesalius Biocapital Partners plays the role of lead investor in the large majority of its financingrounds.Their companies are based in Europe allowing easy interaction with management.They invest in all stages of development and do not shy away from relatively early-stage projects with a sound proprietary technology and corresponding IP, unique team skills and a clear competitive edge based on solid data. ## Brpx - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, Information Technology A prominent European venture capital in Retail Technologies, Digital Infrastructure, Cybersecurity, and Emerging Technologies ## Bynd Venture Capital - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, Health Care Bynd is a leading Iberian Venture Capital firm ## HCapital Partners - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Power Grid, Information Technology We are an independent private equity firm, investing in a broad spectrum of companies through dedicated funds. ## Notion Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Software, Information Technology, SaaS Notion Capital is a VC firm focused on European SaaS and Cloud. ## Iberis Capital - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 3 - Stages: Series A, Seed - Focus: Software, Information Technology, SaaS Iberis is an investment manager that operates a value-oriented investment management. ## GED Ventures Portugal - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 3 - Stages: Seed - Focus: Hospital, Consulting, Health Care GED Ventures Portugal is an Investment firm. ## COREangels - Type: VC Fund - Location: Ílhavo, Aveiro, Portugal - Relevant deals: 2 - Stages: Seed, Pre-Seed, Angel - Focus: Software, E-Commerce, Information Technology Where startups can get much more than money, and Investors can professionally invest as angels. ## Maersk Growth - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Logistics, Supply Chain Management, Software Integrated logistics company and global leader in container shipping. ## Curiosity VC - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Investing in the next generation B2B software companies in the Benelux, Nordics & Baltics ## Vanagon Ventures - Type: VC Fund - Location: München, Bayern, Germany - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Information Technology, Education, GreenTech Vanagon Ventures invests in outstanding founder teams who build for the third wave of the internet. ## CapitalT - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Software, Artificial Intelligence, Information Technology CapitalT is a venture capital fund investing in tech companies in climate tech, future of work, education, and web3/the new social. They help exceptional teams develop groundbreaking ideas to grow better, scale faster, and change across their industries. ## WISENEXT - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Internet WiseNext is a venture and smart capital investment company. We focus on helping young entrepreneurs with innovative ideas that have an impact on our society, providing capital, knowledge and networking. ## BlueCrow Capital - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 2 - Stages: Seed, Venture - Series Unknown, Pre-Seed - Focus: SaaS, Information Technology, Artificial Intelligence BlueCrow Capital is a venture capital firm. ## Pitchdrive - Type: VC Fund - Location: Antwerp, Antwerpen, Belgium - Relevant deals: 2 - Stages: Pre-Seed, Seed, Series A - Focus: Software, SaaS, Artificial Intelligence Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up. ## 200M - Type: VC Fund - Location: Porto, Lisboa, Portugal - Relevant deals: 2 - Stages: Seed, Series A - Focus: Health Care, Artificial Intelligence, Retail 200M is a Portuguese public fund of 200 million euros designed to co-invest with the best VCs from around the world in startups which are growing their business out of Portugal. ## Crane Venture Partners - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Crane is a London based VC firm investing and building seed and early stage intelligent enterprise and deep technology businesses across Europe. Our strategy is to support founders in building and executing their go-to-market strategy. ## COREangels Lisbon - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Marketing, Artificial Intelligence, SaaS COREangels Boston is a group of operators and entrepreneurs investing at the angel stage in startups which have low capital costs and are either special situations or unicorns-in-waiting. ## EDP Ventures - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Energy, Information Technology EDP Ventures is the venture capital arm of EDP. We invest in early-stage startups working in the energy space ## Grupo Lusiaves service - Type: VC Fund - Location: Leiria, Leiria, Portugal - Relevant deals: 2 - Stages: Seed, Post-IPO Equity - Focus: Computer, Consumer, Software Lusiaves Group, founded in 1986 in Marinha das Ondas (Figueira da Foz), has continuously invested in vertical integration of the poultry sector to ensure full control of the entire animal production process. The verticalization of the industry is made possible by a commitment to continual learning about the poultry market and through the adoptionof agrifood innovation, food quality and safety, animal health and nutrition, sustainability, and human resources as the cornerstones of its operations. Those bets enabled the Lusiaves Group to grow and expand, combined with solid teamwork, supported by career advancement, and the ability to continually improve individual and collective work daily. ## Lakestar - Type: VC Fund - Location: Zürich, Zurich, Switzerland - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, FinTech Lakestar is a venture capital firm investing in technology companies led by exceptional entrepreneurs. Early investments included Skype, Spotify, Facebook, and Airbnb. Since raising the first fund in 2013, Lakestar manages an aggregated volume of over EUR 1bn across three early-stage funds, and more recently a growth fund. The company has expandedand broadened its portfolio and holds investments in the likes of Opendoor, Oscar, GetYourGuide, Glovo, Sender, Eigen, Five, Revolut, and Hometogo to name a few. Lakestar has a presence in Berlin, Zurich, and London.Lakestar helps companies to identify new markets and expand into them rapidly, with a focus on the US and Europe. The team advises and supports portfolio companies in business development, recruitment, technology, and marketing. The investments range from early-stage companies to those in their growth stage. ## AMAVI Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Seed - Focus: Real Estate, Information Technology, Software AMAVI is an independent and dedicated Pan-European investor established to support growth of the leading and most promising companies active in the PropTech industry, with a geographical focus on the Benelux, Nordics, Germany, Switzerland and France. AMAVI aims to create a bridge between the traditional real estate industry on the one hand and themost groundbreaking European PropTech companies on the other hand, by leveraging on its combined expertise and network from the real estate, technology and private equity industry. AMAVI partners with the world-shapers, creating companies that radically change the places we live, work and relax in today. ## Herrick Partners - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series A - Focus: Software, Electronics, Virtual Reality Herrick Partners is a company that specializes in investment management services. ## Augusta Investments - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Mobile, E-Commerce Seed/Early Technology Investments ## Dispatch Ventures - Type: VC Fund - Location: Quebec, Quebec, Canada - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Software, Internet, E-Commerce Dispatch Ventures invests in founders building early-stage technology companies. Over the years, Dispatch has nurtured dozens of startups- helping them find corporate clients, skilled employees, gain media coverage, and raise millions in venture capital. ## Metro - Type: VC Fund - Location: Düsseldorf, Nordrhein-Westfalen, Germany - Relevant deals: 1 - Stages: Series A, Seed, Series C - Focus: Hospitality, Restaurants, Retail METRO GROUP is a Germany-based holding company and international retailing company. It operates numerous outlets in various countries in Europe, Africa and Asia. The Company operates a portfolio of sales brands, which offers a range of services for private and commercial customers. The portfolio comprises Metro Cash & Carry brand, which isactive in the self-service wholesale industry, Real hypermarkets brand, which operates the Real stores across Europe offering both food and non-food products; Media Markt brand, which is active on the European market in the consumer electronics retailing industry; Saturn brand, which operates consumer electronics stores and Galeria Kaufhof brand, under which the Company operates department stores in Germany and Belgium. The Company is also engaged in the real estate operations (Metro Properties), logistics (Metro Logistics), Information Technology (Metro Systems) and advertising services. ## SHIFT Invest - Type: VC Fund - Location: Amstelveen, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Biotechnology, Manufacturing, Information Technology SHIFT Invest is a Dutch venture capital fund that invests in early stage environmental impact startups ## Draper Associates - Type: VC Fund - Location: San Mateo, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, FinTech, Information Technology Draper Associates, founded in 1985, is a seed-stage venture capital firm that helps entrepreneurs to drive their businesses to greatness. We understand that a great company takes time to build and we'd like to ensure that entrepreneurs are in for the long haul. ## Rock International Group - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Energy, Machine Learning, Artificial Intelligence Rock International Group is a venture capital investment firm. ## Prudence - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Real Estate, SaaS, Construction We invest in technology companies leading the global transformation of the built world. ## Rising Ventures - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 1 - Stages: Pre-Seed - Focus: SaaS, Software, Analytics Rising Ventures is a Business Angel fund, which specializes in early stage investment on technology based projects, where the internet is its main distribution channel. Preferential (but not exclusive) areas of investment are: Sports, Social, Media, Ecommerce, SAAS for companies. ## Gorilla Capital - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: Software, SaaS, Information Technology Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies. ## Indico Capital Partners - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 1 - Stages: Seed, Series A, Series C - Focus: Information Technology, E-Commerce, B2B Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico werepreviously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.Highly innovative companies like luxury eCommerce platform Farfetch, YC graduate machine learning translation platform Unbabel or the leading student accommodation marketplace Uniplaces have a strong Portuguese DNA and went to raise international rounds in the UK and the US - we want to back the next success stories of the ecosystem. ## Conexo Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Series A - Focus: FinTech, Software, Information Technology We invest in exceptional individuals with the passion for solving hard challenges and bringing disruptive innovation to high growth markets. ## CTT - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 1 - Stages: Pre-Seed - Focus: Virtual Assistant, Assistive Technology, Artificial Intelligence CTT is principally engaged in the provision of courier services. ## Techstars Ventures - Type: VC Fund - Location: Boulder, Colorado, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, SaaS, Artificial Intelligence Techstars helps founders succeed. Through our global accelerators, we invest in early-stage startups led by founders building a better future for everyone. ## Future Energy Ventures - Type: VC Fund - Location: Essen, Nordrhein-Westfalen, Germany - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Artificial Intelligence Future Energy Ventures is a unique venture capital fund that brings together corporate partners and world-class start-ups to shape the future energy landscape. Future Energy Ventures invests in digital and digitally enabled technologies and business models that have the potential to redefine the future energy landscape.From its operational hubsin Germany, Israel and Silicon Valley, Future Energy Ventures looks for both investments and scaling opportunities for its portfolio globally and new investment opportunities.Future Energy Ventures is the venture capital investment and collaboration platform of E.ON, one of Europe’s largest operators of energy networks and energy-related infrastructure. ## M4 Ventures - Type: VC Fund - Location: Lisboa, Lisboa, Portugal - Relevant deals: 1 - Stages: Seed - Focus: FinTech, Payments, Mobile Payments M4 Ventures helps startups to grow and expand globally through experience and hands-on collaboration. ## Olisipo Way - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Software, FinTech, Marketplace Olisipo Way is an early-stage venture firm that focuses on IT investments. It invests in technology companies with very diverse and complementary skills. The initial portfolio of Olisipo Way comes from the innovation created within the Olisipo through the continuous stimulation of innovation among employees and the incubation of new businessventures.The firm was founded in 2015 and is headquartered in Lisbon, Lisboa. ## Sonae - Type: VC Fund - Location: Maia, Porto, Portugal - Relevant deals: 1 - Stages: Seed - Focus: SaaS, Software, Analytics Sonae is a multinational company with a diversified portfolio of businesses in retail, financial services, technology, shopping centres, telecommunications ## Forestay Capital - Type: VC Fund - Location: Genève, Geneve, Switzerland - Relevant deals: 1 - Stages: Series B, Series C, Series A - Focus: Software, Information Technology, Big Data Forestay Capital is dedicated to investing in the tech sector and reflects Waypoint’s focus on innovative, forward-looking industries in which it can leverage its entrepreneurial heritage and long-track record in helping businesses to realize their ambitions for growth. It is passionate about technologies that transform conventional models withsoftware and data to make an impact on business, practices, and people. It invests in revenue-generating technology companies in Europe, Israel, and in the US, and favors software and data-driven businesses that challenge established models.Forestay Capital was founded in 2017 and is headquartered in Geneve, Switzerland. ## Korys - Type: VC Fund - Location: Halle, Vlaams-Brabant, Belgium - Relevant deals: 1 - Stages: Series B, Series A - Focus: Biotechnology, Renewable Energy, Information Technology Korys is the name chosen by the Colruyt family for their investment structure. The name Korys is derived from the Latin word for hazelnut tree – Corylus - which is at the origin of the Colruyt name.Their multi-disciplinary approach enables us to create a well-balanced, diversified portfolio of listed stocks and bonds, private equity funds, anddirect participations in small and medium-sized companies. Through their investments, they aim to make a positive impact on people and the planet, while generating attractive returns. A “three P” approach (People, Planet, Profit) forms the cornerstone of their investment strategy. They invest for the long term, as they realize that it takes time to achieve the sustainable impact they are aiming for. They focus their investments in sectors in which they have built substantial expertise as a team: Cleantech, consumer goods & retail and life sciences.