# Top 40 Energy VC (Venture Capital) Funds in Portugal in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Portugal Ventures | 18 | Portugal, United States, France | Seed, Pre-Seed | Software, Information Technology, Health Care |
| Caixa Capital | 5 | Portugal, United States, Spain | Seed, Series A | Software, Information Technology, SaaS |
| HCapital Partners | 4 | Portugal, Spain, Switzerland | Seed, Series A | Software, Power Grid, Information Technology |
| MSM | 3 | United Kingdom, Portugal, Germany | Seed, Pre-Seed, Series A | Information Technology, Software, B2B |
| Black and Blue Investimentos | 2 | Portugal | Seed, Series A | Solar, Power Grid |
| LC Ventures | 1 | Portugal, China, Poland | Seed, Pre-Seed, Series D | Information Technology, Artificial Intelligence, SaaS |
| Armilar Venture Partners | 1 | Portugal, United States, United Kingdom | Seed, Series A | Software, Information Technology, Artificial Intelligence |
| Schneider Electric Energy Access Asia | 1 | India, France, Vietnam | Seed, Series A | Renewable Energy, Energy, Solar |
| Korys | 1 | Belgium, The Netherlands, Germany | Series B, Series A | Biotechnology, Renewable Energy, Information Technology |
| MCA CVC funds | 1 | Portugal | Seed | Solar, Power Grid |
| Teak Capital | 1 | Malaysia, Portugal, United States | Seed, Series D | Baby, Biofuel, Children |
| BlueCrow Capital | 1 | Portugal, Spain, United States | Seed, Venture - Series Unknown, Pre-Seed | SaaS, Information Technology, Artificial Intelligence |
| Critical Software | 1 | Portugal | Pre-Seed | FinTech, CleanTech, Crowdfunding |
| InterCapital | 1 | United Kingdom, Portugal | Seed | SaaS, Human Resources, Biofuel |
| Abacus Alpha | 1 | Portugal | Seed | Automotive, Energy Storage, Electric Vehicle |
| Magnify Partners | 1 | Portugal | Private Equity | Battery, Software, Consulting |
| Crayhill Capital Management | 1 | Canada, Portugal, United States | Debt Financing, Private Equity | FinTech, Financial Services, Energy |
| Flybridge | 1 | United States, Canada, Brazil | Seed, Series A, Series B | Software, Artificial Intelligence, Information Technology |
| EDP Ventures | 1 | Portugal | Series A | SaaS, Energy, Internet |
| 200M | 1 | Portugal, Brazil, France | Seed, Series A | Health Care, Artificial Intelligence, Retail |
| European regional development fund (ERDF) | 1 | United Kingdom, Germany, France | Grant, Pre-Seed | Software, Information Technology, Biotechnology |
| G7 Renewable Energies | 1 | Portugal | Series A | Energy, Renewable Energy, Natural Resources |
| Ganexa Capital | 1 | Portugal, United States, United Kingdom | Seed, Pre-Seed | Fitness, Wellness, Health Care |
| Techstars Autonomous Technology | 1 | Portugal | Seed, Pre-Seed | CleanTech, Manufacturing, Nanotechnology |
| COREangels | 1 | Spain, Portugal, United Kingdom | Seed, Pre-Seed, Angel | Software, E-Commerce, Information Technology |
| Acumen | 1 | United States, India, Kenya | Seed, Series A | Agriculture, Health Care, Financial Services |
| Wayra | 1 | Spain, United Kingdom, United States | Seed, Series A | Software, Information Technology, SaaS |
| Betwixt Ventures | 1 | Portugal | Seed | Drones, Energy, Mobile |
| Future Energy Ventures | 1 | Germany, United States, Israel | Seed, Series A | Software, Energy, Information Technology |
| Egis | 1 | Portugal | Series A | Energy, Renewable Energy, Natural Resources |
| SHIFT Invest | 1 | The Netherlands, Germany, United States | Seed, Series A, Series B | Biotechnology, Manufacturing, Information Technology |
| L-Bank | 1 | Germany, Taiwan, Portugal | Pre-Seed, Series A | Software, Information Technology, Manufacturing |
| Inclimo Climate Tech Fund | 1 | Spain, Sweden, Germany | Seed, Series A, Pre-Seed | Transportation, Software, Logistics |
| InterCapital Group | 1 | Portugal | Seed | Biofuel, Biotechnology |
| MOMENTUM HOLDINGS | 1 | Portugal | Seed | Automotive, Energy Storage, Electric Vehicle |
| Lince Capital | 1 | Portugal, United Kingdom, Malta | Seed, Venture - Series Unknown | E-Commerce, Information Technology, Retail |
| Braincapital | 1 | Portugal | Seed, Pre-Seed | Energy, Chemical, Railroad |
| FORWARD.one | 1 | The Netherlands, Germany, Sweden | Seed, Series A | Software, Semiconductor, Information Technology |
| Gorilla Capital | 1 | Finland, Sweden, Estonia | Pre-Seed, Seed, Series A | Software, SaaS, Information Technology |
| Verdane | 1 | Sweden, Norway, Germany | Private Equity, Series A | Software, E-Commerce, Information Technology |