ADMAR SCR

    VC (SCR)·Est. 2020
    36
    INVESTMENTS
    9
    EXITS

    ABOUT ADMAR SCR

    ADMAR SCR is an Estoril-based venture capital and real estate fund manager founded in 2020 by Pedro Carvalho de Almeida, evolving from a family office active since 2011. Registered with the CMVM as a sociedade de capital de risco, it manages three closed-end funds: the flagship Admar FCRF, Golden Estate FCRF (2022, real estate) and H2-Health & Hospitality FCRF (2025, boutique hotels, wellness and specialty clinics), the latter open for subscription with a €70M target. Its portfolio of 27 ongoing and 9 exited projects spans real estate and hospitality (Tróia Eco Resort, Moinho das Antas), healthcare (Sidefarma), energy, industry (Conserveira do Sul) and media (Observador). In 2025 ADMAR extended its CMVM licence to real estate investment funds and stated a goal of €400M under management within five years.

    INVESTMENT THESIS

    Closed-end growth fund. CMVM-regulated. Multi-sector.

    INVESTMENT DETAILS

    FUND STATUSH2-Health & Hospitality FCR, raising €70M
    OPEN TO LPsYes — fund open (H2-Health & Hospitality FCR, raising €70M)SEE ALL OPEN FUNDS →
    STAGES
    Growth
    SECTORS
    Real EstateHospitalityHealthcareEnergyIndustry
    PORTFOLIO
    SidefarmaConserveira do SulTróia Eco ResortMoinho das AntasObservadorOutsiteLota da EsquinaShaperBuddyXhapelandBeloura Business CampusHospital Internacional dos AçoresEXITEDSplendid BelouraEXITED
    FOUNDED2020
    NOTESSCR (est. 2020, from a 2011 family office) managing Admar FCRF, Golden Estate FCRF (2022) and H2-Health & Hospitality FCRF (2025); CMVM-licensed for VC and real-estate funds in 2025; targets €400M AUM by 2030

    TEAM

    Pedro Carvalho de Almeida
    Founder & Chairman
    Lourenço Carvalho de Almeida
    Board Member
    João Cota Dias
    Board Member

    FREQUENTLY ASKED QUESTIONS

    What stage does ADMAR SCR invest at?

    ADMAR SCR invests at Growth stage.

    What sectors does ADMAR SCR invest in?

    ADMAR SCR focuses on Real Estate, Hospitality, Healthcare, Energy, Industry.

    Where is ADMAR SCR based?

    ADMAR SCR is a VC (SCR) based in Estoril, Portugal, founded in 2020.

    Who are the partners at ADMAR SCR?

    Key people at ADMAR SCR include Pedro Carvalho de Almeida (Founder & Chairman), Lourenço Carvalho de Almeida (Board Member), João Cota Dias (Board Member).

    What companies has ADMAR SCR invested in?

    ADMAR SCR's portfolio includes Sidefarma, Conserveira do Sul, Tróia Eco Resort, Moinho das Antas, Observador, Outsite, Lota da Esquina, ShaperBuddy, among others.

    Is ADMAR SCR actively investing?

    H2-Health & Hospitality FCR, raising €70M.

    Can I invest in ADMAR SCR's funds as an external investor?

    ADMAR SCR is currently raising: H2-Health & Hospitality FCR, raising €70M. Qualified investors can contact the firm about subscribing; minimum tickets and investor-qualification rules (CMVM) apply.

    How do I contact or pitch ADMAR SCR?

    You can reach ADMAR SCR via their website (admarscr.pt). You can also run your startup through Portugal VC's AI matcher to get a ranked shortlist of the investors that fit.