# Top 50 Gaming VC (Venture Capital) Funds in Portugal in June 2026

## Portugal Ventures
- Type: VC Fund
- Location: Porto, Lisboa, Portugal
- Relevant deals: 8
- 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

## Shilling VC
- Type: VC Fund
- Location: Lisboa, Lisboa, Portugal
- Relevant deals: 6
- 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.

## Indico Capital Partners
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 6
- Stages: Seed, Series A, Pre-Seed
- 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.

## Caixa Capital
- Type: VC Fund
- Location: Lisboa, Lisboa, Portugal
- Relevant deals: 3
- 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: 2
- 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.

## Olisipo Way
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 2
- 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.

## 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.

## MSM
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Information Technology, Software, B2B

MSM is a 45M€ early-stage impact VC fund. We invest in brave founders solving the world’s biggest social and environmental challenges.

## REDangels
- Type: VC Fund
- Location: Aveiro, Aveiro, Portugal
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Angel
- Focus: Mobile, Internet of Things, Internet

They believe the unbelievable and trust the untrustable.

## Lince Capital
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 2
- Stages: Seed, Venture - Series Unknown
- Focus: E-Commerce, Information Technology, Retail

Lince Capital is an independent venture capital company. Lince Capital was born from the experience of a family group with over 30 years of experience in managing investment funds in various business areas, including real estate, infrastructure, agriculture, and telecommunications.Lince Capital is distinguished by its personalized and excellentsupport, close and direct relationship with each of its investors and business partners, and the dedication of an experienced and dynamic team.

## 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.

## ENISA
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Debt Financing, Pre-Seed
- Focus: Software, Health Care, Information Technology

ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects.

## Bynd Venture Capital
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Health Care

Bynd is a leading Iberian Venture Capital firm

## Semapa Next
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: SaaS, Software, Information Technology

Semapa Next is a venture capital firm that invests in European-based companies aspiring to become global category leaders.

## Insta Ventures
- Type: VC Fund
- Location: Limassol, Limassol, Cyprus
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, E-Commerce, Advertising

Insta Ventures is a venture capital firm that has been investing in different IT technology sectors since 2019. Currently, we are looking for tech startups that are in the early stages of development of their products. Our investment team consists of experienced professionals with solid backgrounds in the IT sphere. Our goal is to help ambitiousteams create innovative products, spread them globally, and maintain fast-growing companies.Typically, we invest $100K-500K during a growing stage of a company's lifecycle (seed / late seed / pre-round A), and then help to develop its marketing and sales, as well as prepare the company for the next investment phase.We appreciate co-investments. Let's invest together!

## Raison Wealth
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Secondary Market, Seed
- Focus: FinTech, Financial Services, SaaS

Ultimate investment app for everyone. Invest in top-tier venture deals, digital assets, and public stocks. Buy structured notes. Access trust asset management.

## Clever Advertising
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Mobile Apps, PaaS, SaaS

We are an online advertising company. Experts on leading monetization models. With cutting-edge online media campaigns, online content and traffic management.

## Amazon Alexa Fund
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Machine Learning

The Amazon Alexa Fund is Amazon’s venture capital fund investing in artificial intelligence, frontier tech, voice, robotics, and digital health across consumer and enterprise. We invest in early- to growth-stage companies globally. To learn more, visit us at alexafund.com.

## Voodoo
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Corporate Round
- Focus: Gaming, iOS, Web3

We entertain millions of users around the world every month with our games and apps.

## Venly Ventures
- Type: VC Fund
- Location: Belgium, Wisconsin, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Gaming, Web Apps, Online Games

Build & scale your project with our most comprehensive set of web3 tools. We provide wallet solutions, market solutions, NFT tools, and Shopify.

## Casa Verde Capital
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Cannabis, Software, Health Care

As both the domestic and international markets continue to evolve and mature, Casa Verde maintains a view that cannabis will be among the most compelling investment themes of our generation.

## Startup Lab
- Type: VC Fund
- Location: Moscow, Moscow City, Russian Federation
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Angel
- Focus: E-Commerce, Software, Food Delivery

Startup Lab Russia is a pre-seed/early seed venture capital fund.

Startup Lab Russia invests in projects in the early stages and helps them grow, build a network of contacts, scale sales channels, optimize the business model and internal processes with leading experts, and then enter international markets.

## MixMarvel DAO Venture
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Gaming, Software, Blockchain

MixMarvel DAO Venture is a decentralized investment organisation. It offers financial support and consulting services for web3 buil;ders.

## Flyer One Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Flyer One Ventures is an international early-stage venture capital firm focused on early-stage startups from CEE region. The fund invests in future-proof startups, founded by exceptional teams, and operating on global markets worth more than $10 billion. Flyer One Ventures funds startups in Mobile, Health Tech, EdTech, Fitness & Wellness, B2BSaaS, Gaming, FoodTech, and AI/ML industries and helps them scale on international markets. Founded by the co-founder of BetterMe and supported by Genesis Tech, Flyer One Ventures has deep expertise in Digital Marketing, Product, PR, Branding, and Recruiting. Along with the financial investment, Flyer One Ventures actively supports its portfolio companies, helping them optimize Digital Marketing campaigns, hire R&D staff, build user-friendly products, and fundraise Series A and Series B rounds. Flyer One Ventures' ultimate goal is to support early-stage startups in the geographies with low access to early financing and help them become global leaders by mentorship and daily support.

## Polygon
- Type: VC Fund
- Location: Mumbai, Maharashtra, India
- Relevant deals: 1
- Stages: Seed, Grant, Series A
- Focus: Blockchain, Cryptocurrency, Gaming

Polygon is the most proven way to build and scale your decentralized application and projects on Ethereum, the world's largest blockchain ecosystem.

## Google Assistant Investments
- Type: VC Fund
- Location: Mountain View, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Artificial Intelligence, Machine Learning, Software

They are looking to invest and work closely with early-stage companies that are moving the voice and assistance ecosystem forward. If your company is developing technologies that broaden the Assistant’s set of features, building new hardware devices for digital assistants, or focusing on a particular industry such as travel, games, or hospitality,we'd like to hear from you.

## SkyVision Capital
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Gaming, Cryptocurrency

SkyVision Capital (SVC) promotes new, open decentralized technology and its development. We are a Crypto Fund that is dedicated to incubating and investing in founders of tomorrow, today.

## Snackclub
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Gaming, Blockchain, Video Games

Learn more about play to earn games

## APEX Capital
- Type: VC Fund
- Location: Changning, Shanghai, China
- Relevant deals: 1
- Stages: Series A
- Focus: PaaS, Soccer, Sports

APEX Capital is an equity investment fund.

## Sisu Game Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Gaming, Video Games, Software

Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global.The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom haveextensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors.

## CaixaBank
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 1
- Stages: Debt Financing, Post-IPO Debt, Seed
- Focus: Energy, Manufacturing, Renewable Energy

Portal web corporativo de CaixaBank. Informaci&oacute;n corporativa para Accionistas e Inversores, informaci&oacute;n comercial y sobre responsabilidad corporativa.

## Aream & Co
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: Gaming, iOS, Mobile

Aream & Co. is an independent investment bank providing M&A and financing advice to founders and boards of pioneering technology companies worldwide.

## Demium Capital
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic

## Seedcamp
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, SaaS

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

## 4SV
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Cryptocurrency, Online Games

4SV invests in nascent blockchain companies and advances the growth of their transformative technologies.

## Waterdrip Capital
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Cryptocurrency, Bitcoin

Waterdrip capital invests in blockchain industries.

## Hyperithm
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Financial Services

A premier digital asset manager based in Tokyo and Seoul.

## Double Peak Group
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Seed, Series A, Initial Coin Offering
- Focus: Blockchain, Gaming, Cryptocurrency

Double Peak Group is a family office focused on investments in the digital asset and blockchain space.As one of the first family offices based out of Asia focused on digital assets, we have been deeply entrenched in the crypto space since 2017. At Double Peak, we adopt a philosophy of value investing and making key investments with a long timehorizon in early funding rounds and secondary markets. The ultimate vision is to bridge cutting-edge decentralized technologies between China and International markets.Our team consists of talented people with institutional backgrounds. Namely, investment banking, private equity, venture capital and entrepreneurship.Double Peak have invested in a multitude of areas including: Asset Management, Banking & Payments, Cross-Chain Platforms, CeFi-DeFi Bridges, Infrastructure Protocols, Investment Funds, Gaming/GameFi, NFTs, Privacy/Security, The Metaverse, Trading and Exchanges.

## BreakawayGrowth Fund
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series B, Series E
- Focus: Software, Computer, Internet

UPDATE: Chris Albinson is taking on a new role as CEO at Communitech on May 16th, 2021 - read more about his decision here. Chris and the team at BreakawayG ...

## Commonwealth Capital Ventures
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Software, Internet, Enterprise Software

Commonwealth Capital Ventures is a leading venture capital firm focused on early and growth stage technology companies. Their experienced professionals empower management teams to build outstanding growth companies that deliver superior returns to investors. As true partners, they work beside their entrepreneurs with the patience needed tobuild successful businesses.With more than $580 million of committed capital under management, the firmâ€™s partners have invested in roughly 140 high-growth companies, many of which are leaders in their respective industry categories. Their limited partners are highly sophisticated venture investors and include leading educational and financial institutions, pension funds, and family offices. They are aligned with their investors in providing patient capital with a view toward long-term success. Their current $250 million fund closed in early 2007 and is appropriately sized to focus on early stage opportunities and later stage venture growth enterprises.

## WISENEXT
- Type: VC Fund
- Location: Lisboa, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, 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.

## WWVentures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Online Games

Read writing from WWVentures on Medium. Social Capital. Every day, WWVentures and thousands of other voices read, write, and share important stories on Medium.

## Aqua Spark
- Type: VC Fund
- Location: Utrecht, Utrecht, The Netherlands
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Biotechnology, Aquaculture, Seafood

Aqua-Spark is an investment fund with a focus on sustainable aquaculture businesses around the world. The small-to-medium enterprises (SMEs) they invest in are working toward the production of safe, accessible aquatic life, such as fish, shellfish and plants, in ways that do not harm their oceans. Their investors value the fact that each investmentaims to create triple impact—specifically, each investment is chosen for its potential to generate significant financial returns while also activating positive environmental and social outcomes.Aqua-Spark believes that committing to a long-term vision is the way to realize effective and lasting impact results. When it comes to investments, they do not seek quick exits; instead, they look for entrepreneurs who strive to build and scale toward the future, who see their business as major economic opportunities that can also help solve looming environmental and food security challenges over the long-term. As an essential of each investee, Aqua-Spark seeks sustainability.

## Accel
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, SaaS, Information Technology

First partner to exceptional teams everywhere

## Emurgo ventures
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Gaming

EMURGO Ventures is a venture capital initiative of Emurgo that promotes and finances Cardano blockchain startups and middleware development.

## Beam
- Type: VC Fund
- Location: Gibraltar, Gibraltar, Gibraltar
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Gaming, Blockchain, Video Games

We are a decentralized autonomous organization on a mission to revolutionize gaming. Join us as we build the metaverse by empowering people to be a part of it.

## ADvantage
- Type: VC Fund
- Location: Jerusalem, Yerushalayim, Israel
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Sports, eSports, PaaS

ADvantage Sports Tech Fund invests in early-stage technology companies aimed at shaping the future of sports. ADvantage is backed by leAD Sports, an initiative spearheaded by the grandchildren of Adi Dassler to further sports innovation, and global hybrid venture capital platform, OurCrowd. ADvantage is leveraging a strong global network to sourceleading opportunities in the spaces of fan engagement and experience, connected athletes and communities, and derivative sports (eSports, fantasy, and new sports).

## Cogitent Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Bitcoin

Cogitent Ventures operates as a venture capital firm.

## Sky Mavis
- Type: VC Fund
- Location: Ho Chi Minh City, NA - Vietnam, Vietnam
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Gaming, Web3, Blockchain

Blockchain: Gamified - Games with real, player-owned economies will become places where we live, work, and play - True digital nations

## Oracles Investment Group
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Gaming

Oracles Investment Group provides one of a kind platform for Crypto Project teams to raise capital, grow supporters, and Crypto Investors to take part in promising projects.
