HealthTech VCs in Portugal
Medical devices, digital health, and clinical software. Strong overlap with Portugal's life sciences research base.
LAST UPDATED: 2026-08-13
28
INVESTORS
81
PORTFOLIO COS
8
STAGES COVERED
ALL HEALTHTECH INVESTORS (28)
Portugal VenturesVC (Government)
€50K–€1.5M·BitSight, OutSystems, Barkyn, Jscrambler, Defined.ai
Pre-SeedSeedSeries A
Armilar Venture PartnersVC
€500K–€10M+·OutSystems, Feedzai, Sword Health, Rows, Amplemarket, Coverflex
SeedSeries ASeries B
Caixa CapitalCVC
€1M–€5M·Unbabel, Infraspeak, Amplemarket, Codacy, Veniam
SeedSeries AGrowth
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
Iberis CapitalPE / VC
€2M–€12M·Sword Health, Feedzai, Bolttech, Tekever, Jscrambler, Probely
SeedSeries AGrowth
PathenaVC
Primetag, HUUB, Exago
SeedSeries AGrowth
Mustard Seed MAZEVC (Impact)
€500K–€1M·Orbital Materials, Winnow, GoParity, UpHill Health, Samara Energy, knok
SeedSeries A
GED Ventures PortugalVC
€100K–€1.5M·WEEZIE, Full Venue, LUGGit
Seed
REDangelsAngel Network
€10K–€100K·Sound Particles, LOQR, Musiversal, Sensefinity, Visor.ai
Pre-SeedSeed
Bionova CapitalVC
Adapttech, Anybrain, CellmAbs
Early Stage
Biovance Capital PartnersVC
€1.5M–€6M·Mondego Bio
Series A+
Critical VenturesVC
€2M–€6M·RunSafe Security, Critical Links
SeedSeries A
Espírito Santo VenturesVC (SCR)
Series B+
200M / Social Innovation FundVC (Impact)
€500K–€5M
SeedSeries A
N1 Investment CompanyVC
€100K–€350K·Bolt, SteadyPay, Wantent.io
Seed
Ganexa CapitalVC
EGG Electronics, Mindprober, Climber RMS
SeedPre-Seed
Atena Equity PartnersVC (SCR)
~€15M·Tecnifreza, Malo Clinic, Unisana
Growth
C2 Capital PartnersVC (SCR)
Bluepharma (€30M)
Growth
Crest Capital PartnersVC (SCR)
SeedSeries AGrowth
BIVEN Capital PartnersVC (SCR)
SeedSeries A
ISQ SCRVC (SCR)
SeedSeries A
CRON STUDIOVenture Studio
BLOQ.IT, Ecoceno, Wisify, Wada Solutions
Pre-SeedSeed
Alpac CapitalVC
Series AGrowth
InnventuresCVC
GoSupply, Vigie
SeedSeries A
Hovione VenturesCVC
€200K–€1M·CellmAbs
Pre-SeedSeed
STAG Fund ManagementPE / VC
Early StageGrowth
Invicta AngelsAngel Network
€25K–€250K
Pre-SeedSeed
NOTABLE HEALTHTECH PORTFOLIO COMPANIES
BestHealth4You(Portugal Ventures)Beyond Devices↗(Portugal Ventures)C-MO Medical Solutions(Portugal Ventures)Flash Rapid Diagnostics(Portugal Ventures)Nutrium↗(Portugal Ventures)Sword↗(Armilar Venture Partners)TonicApp↗(Armilar Venture Partners)mama health↗(Armilar Venture Partners)Sword Health↗(Armilar Venture Partners)MyCareForce(Caixa Capital)Neuropsyai(Caixa Capital)Plux(Caixa Capital)Uphill(Caixa Capital)Zenklub(Indico Capital Partners)Tucuvi↗(Shilling Capital Partners)Tonic App(Shilling Capital Partners)Relive(Shilling Capital Partners)Vitaance↗(Shilling Capital Partners)Luminate Medical(Faber Ventures)Abtrace(Faber Ventures)Guud↗(Bynd Venture Capital)Impress↗(Bynd Venture Capital)Medical Port↗(Bynd Venture Capital)Amelia Virtual Care↗(Bynd Venture Capital)Crioestaminal(Explorer Investments)Fastinov(Explorer Investments)Glintt(Explorer Investments)Knok(Explorer Investments)SiPhox Health(Iberis Capital)Klinik↗(Pathena)