# Portugal Ventures

> Portugal Ventures is a VC fund backing Software and Information Technology. See 299 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Porto, Portugal
- Total investments: 299
- Last investment: May 2026
- Lead investor: 13%
- Last fund: Sep 2011
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/portugal-ventures
- X (Twitter): http://twitter.com/portugalventure
- Website: http://www.portugalventures.pt
- Facebook: http://www.facebook.com/PortugalVentures

Portugal Ventures is a VC fund in Porto focused on Software and Information Technology. 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

## Contacts

5 contacts available for Portugal Ventures. Shizune tracks 18 team members at Portugal Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/portugal-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $110k–$2M |
| Pre-Seed | $107k–$547k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 37 | 12% |
| Information Technology | 28 | 9% |
| Health Care | 25 | 8% |
| Artificial Intelligence | 24 | 8% |
| Biotechnology | 17 | 6% |

238 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 145 | 48% |
| Pre-Seed | 34 | 11% |
| Funding Round | 29 | 10% |
| Venture - Series Unknown | 22 | 7% |
| Series A | 16 | 5% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Portugal | 173 | 58% |
| United States | 6 | 2% |
| France | 4 | 1% |
| Israel | 2 | 1% |
| United Kingdom | 2 | 1% |

12 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Adelina Figueiredo | Investment Manager | 2 | https://shizune.co/investors/profile/adelina-figueiredo |
| Angela Areal | Portfolio Development Manager | 0 | https://shizune.co/investors/profile/ngela-areal |
| António Martinez | Investment Manager | 3 | https://shizune.co/investors/profile/ant%C3%B3nio-martinez-31be |
| Maria João Almeida | Investment Manager | 2 | https://shizune.co/investors/profile/maria-joo-almeida |
| Nuno Ferreira de Almeida | Investment Manager | 3 | https://shizune.co/investors/profile/nuno-ferreira-de-almeida |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Outgoing | A ticketing tool that allows organizers to sell tickets directly on WhatsApp and Instagram. Users can purchase tickets through a personalized checkout process entirely within the chat, without registration or redirects. It also offers customer support that answers questions in real time. | $176.9K | Pre-Seed | May 08, 2026 |  |
| Fetalix | Fetalix offers a regenerative fetal-inspired biomaterial aimed at treating Low Back Pain (LBP) through a minimally invasive procedure. The company is recognized as an EIT Health-supported start-up and recently received the SIFIDE certification from the Portuguese Agência, highlighting its innovative contributions to healthcare. | $175.6K | Pre-Seed | Apr 22, 2026 |  |
| ANCIIAN Bicycles | ANCIIAN Bicycles is a manufacturing firm developing bicycles with easy assembly, customization, and commuting with simple maintenance. |  | Venture - Series Unknown | Sep 04, 2025 |  |
| Glartek | Glartek is a technology-enabled services company focused on Industrial Internet of Things and Augmented reality solutions. With their experience in development solution for industry and their knowledge in field management, they are able to provide the best expertise in cloud analytics and augmented reality tools for the industry. | $2.4M | Venture - Series Unknown | Jul 03, 2025 |  |
| Winalist | Winalist helps to discover and book outdoor tours and activities that include winery tours, cellar visits, tastings, enological experiences, and museums. Travelers are allowed to book the tour through the platform. Their services include travel blogs and tours. | $1.2M | Seed | Jun 19, 2025 |  |
| OmniumAI | OmniumAI are developing CibusAI to revolutionise traditional food reformulation. |  | Seed | May 21, 2025 |  |
| ADECI Group | ADECI Group is a Software firm offering AI forecasting platform for restaurants to optimizing orders, reduce waste and increase profits. | $565.1K | Seed | May 02, 2025 |  |
| SPACEO | Spaceo develops innovative passive solutions to accelerate satellite de-orbiting, ensuring a safer and more sustainable space environment. |  | Pre-Seed | Mar 18, 2025 |  |
| Fraudio | Fraudio assists businesses of all sizes in the payments ecosystem in combating payment fraud and financial crime. It is built on secure, scalable, and future-proof technology, and it takes pride in being the quickest and easiest to integrate with, delivering value from day one.The company was established in 2019, is headquartered in Amsterdam,Netherlands and has an R&D office in Lisbon, Portugal. |  | Series A | Mar 04, 2025 |  |
| Mantis-AI | Mantis-AI is the pioneer AI media-tech business transforming raw footage and chaotic data into a masterpiece of organized video snippets, richer data, and content insights. | $3.1M | Series A | Feb 01, 2025 |  |

10 of 299 investments shown.

## Co-investors
- [Bynd Venture Capital](https://shizune.co/investors/profile/busy-angels) — VC Fund, 16 deals together
- [Startup Braga](https://shizune.co/investors/profile/startupbraga) — VC Fund, 13 deals together
- [Armilar Venture Partners](https://shizune.co/investors/profile/espirito-santo-ventures) — VC Fund, 12 deals together
- [Shilling VC](https://shizune.co/investors/profile/shilling-capital-partners) — VC Fund, 10 deals together
- [Bright Pixel Capital](https://shizune.co/investors/profile/sonae-im) — VC Fund, 10 deals together
- [EDP Ventures](https://shizune.co/investors/profile/edp-ventures) — VC Fund, 8 deals together

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## FAQ

### What does Portugal Ventures invest in?

Portugal Ventures invests primarily in Software, Information Technology and Health Care startups, most often at Seed and Pre-Seed stage. Most of the 299 investments tracked by Shizune back companies in Portugal. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Portugal Ventures's check size?

Portugal Ventures typically joins rounds of $110k–$2M at Seed and $107k–$547k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Portugal Ventures participates in.

### How do I contact Portugal Ventures?

Public channels for Portugal Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Portugal Ventures?

The team at Portugal Ventures includes Adelina Figueiredo (Investment Manager), Angela Areal (Portfolio Development Manager) and António Martinez (Investment Manager), among 18 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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