Climate & Sustainability VCs in Portugal
Cleantech, energy, and circular economy. Growing fast, with several new climate-focused funds launched in Portugal since 2023.
LAST UPDATED: 2026-08-13
30
INVESTORS
111
PORTFOLIO COS
7
STAGES COVERED
ALL CLIMATE & SUSTAINABILITY INVESTORS (30)
Armilar Venture PartnersVC
€500K–€10M+·OutSystems, Feedzai, Sword Health, Rows, Amplemarket, Coverflex
SeedSeries ASeries B
Bondstone VenturesVC
€500K–€1M
SeedEarly Stage
Indico Capital PartnersVC
€500K–€10M·Anchorage Digital, Remote, Sword Health, TIER, Rows, Dealroom, Preply
Pre-SeedSeedSeries A
Shilling Capital PartnersVC
€100K–€1M·Sword Health, Coverflex, Rows, Casafari, Unbabel, Tucuvi
Pre-SeedSeedSeries A
Faber VenturesVC
Up to €2.5M·Sword Health, Unbabel, Codacy, Smartex, iLoF, YData, ATMOS Space Cargo
Pre-SeedSeedSeries A
Bynd Venture CapitalVC
€250K–€600K·Pollen, Reveni, Equall, Colvin, Casafari, Defined.ai
Pre-SeedSeedSeries A
LC VenturesVC
€100K–€1M·Sizebay, Seedrs, HomeIT, CleanWatts
Pre-SeedSeed
HCapital PartnersVC
€500K–€3M·Automaise, Glartek, Eneida.io, Tugbot, Lival, Native Foods
SeedSeries ALate Stage
EDP VenturesCVC
€1M–€10M·Feedzai, Green Li-ion, Terabase Energy, GridBeyond, Spotlite, Relectrify
SeedSeries A
Mustard Seed MAZEVC (Impact)
€500K–€1M·Orbital Materials, Winnow, GoParity, UpHill Health, Samara Energy, knok
SeedSeries A
MSMVC (Impact)
€500K–€1M·GoParity, UpHill Health, Biorce
Pre-SeedSeedSeries A
GED Ventures PortugalVC
€100K–€1.5M·WEEZIE, Full Venue, LUGGit
Seed
Novabase CapitalCVC
Feedzai, Glartek
SeedPre-Seed
Big Start VenturesVC
WealthKernel, Fraudio, Countingup
SeedSeries A
COREangelsAngel Network
€50K–€200K·Ethiack, Comunidad Feliz, WSense, Luda Partners, CodeGPT
Pre-SeedSeed
200M / Social Innovation FundVC (Impact)
€500K–€5M
SeedSeries A
WISENEXTVC
TheFork (BestTables), Reckon.ai, Mindprober, Paycritical
SeedPre-Seed
PitchdriveVC
€250K–€2M·Henchman, NineID, Otiv, Bizzy, Fixform
Pre-SeedSeed
Quadrantis CapitalVC (SCR)
€1M–€5M
Growth
Altaz CapitalVC
ISTO
SeedSeries A
Laika VenturesVenture Studio
Tally, Reach, WiseWorld, Sandclock, Dazzl
Pre-SeedSeed
MAZE ImpactVC (Impact)
€100K–€1M·GoParity, UpHill Health
Pre-SeedSeedSeries A
Building Global Innovators (BGI)Accelerator / VC
Sword Health, Feedzai, 335 startups accelerated
Pre-SeedSeed
Build Up LabsVenture Studio
Tap My Back (acquired 2023), Ask Cory, Kiss My Score, Grants Finder
Pre-SeedSeed
SURFnCODEVenture Studio
Pre-SeedSeed
CRON STUDIOVenture Studio
BLOQ.IT, Ecoceno, Wisify, Wada Solutions
Pre-SeedSeed
Dengun Startup StudioVenture Studio
Pre-SeedSeed
Ventures.euVC
€250K–€2M
SeedSeries A
Alea Capital PartnersVC
Reckon.ai, Feelit
SeedSeries A
August One CapitalVC (Impact)
SeedSeries A
NOTABLE CLIMATE & SUSTAINABILITY PORTFOLIO COMPANIES
Addvolt(Portugal Ventures)AgriMarketplace(Portugal Ventures)Bandora(Portugal Ventures)Chemitek(Portugal Ventures)Circular Unity(Portugal Ventures)Clean Watts(Portugal Ventures)Eneida(Portugal Ventures)A123 Systems(Armilar Venture Partners)Advanced Cyclone Systems(Armilar Venture Partners)Arborea(Indico Capital Partners)Gazelle Wind Power(Indico Capital Partners)Spotlite(Shilling Capital Partners)Ponda(Faber Ventures)B'ZEOS(Faber Ventures)Poseidona(Faber Ventures)1S1 Energy(Faber Ventures)ANNEA(Faber Ventures)Fuelsave(Faber Ventures)MicroHarvest↗(Faber Ventures)Mitiga(Faber Ventures)Pollen↗(Bynd Venture Capital)Quixotic↗(Bynd Venture Capital)Nuuenergy↗(Bynd Venture Capital)Afresh↗(Bright Pixel Capital)Cleanwatts↗(LC Ventures)Eneida.io↗(HCapital Partners)Evio↗(HCapital Partners)GT Renewables↗(HCapital Partners)Libattion↗(HCapital Partners)Omniflow(HCapital Partners)