Espírito Santo Ventures

    VC (SCR)·Est. 1999

    ABOUT ESPÍRITO SANTO VENTURES

    Espírito Santo Ventures is a Lisbon venture capital entity (an SCR) founded in 1999, with historical roots in the BES/Novo Banco banking group. It has focused on later-stage technology investments, at Series B and beyond, across electronics, fintech, internet, and broader tech. Espírito Santo Ventures is notable for early backing of two Portuguese success stories that have since exited: OutSystems, the low-code application platform, and Feedzai, the financial fraud-prevention company. Its wider portfolio includes Malo Clinic, Sousacamp, AquaSpy, Ynvisible, HeartGenetics, Berd, SafetyPay, and Coreworks, spanning healthcare, agriculture technology, printed electronics, genetics, engineering, and payments. As a legacy vehicle tied to the BES/Novo Banco financial group, Espírito Santo Ventures represents one of the earlier institutional venture investors in Portugal, with a track record that predates much of the country's current startup ecosystem and includes exposure to companies that grew into internationally recognised technology firms.

    INVESTMENT THESIS

    Later-stage technology investor. Historical roots in the BES/Novo Banco financial group.

    INVESTMENT DETAILS

    OPEN TO LPsNo — invests captive capital
    STAGES
    Series B+
    SECTORS
    ElectronicsFinTechInternetTech
    PORTFOLIO
    OutSystems EXITEDFeedzai EXITEDMalo ClinicSousacampAquaSpyYnvisible HeartGeneticsBerdSafetyPayCoreworks
    FOUNDED1999
    NOTESLegacy BES/Novo Banco group

    FREQUENTLY ASKED QUESTIONS

    What stage does Espírito Santo Ventures invest at?

    Espírito Santo Ventures invests at Series B+ stage.

    What sectors does Espírito Santo Ventures invest in?

    Espírito Santo Ventures focuses on Electronics, FinTech, Internet, Tech.

    Where is Espírito Santo Ventures based?

    Espírito Santo Ventures is a VC (SCR) based in Lisbon, Portugal, founded in 1999.

    What companies has Espírito Santo Ventures invested in?

    Espírito Santo Ventures's portfolio includes OutSystems, Feedzai, Malo Clinic, Sousacamp, AquaSpy, Ynvisible, HeartGenetics, Berd, among others.

    Can I invest in Espírito Santo Ventures's funds as an external investor?

    Espírito Santo Ventures invests its parent organisation's own capital and does not raise funds from external investors.