HCapital Partners
ABOUT HCAPITAL PARTNERS
HCapital Partners is a Lisbon-based VC founded in 2014 that invests where technology meets traditional industry, concentrating on energy transition, mobility, industrial tech, and sustainability-driven business models across the Iberian Peninsula. The firm writes tickets of roughly €500K to €3M and backs companies from seed and Series A through late stage, running an Iberian private equity and VC platform spanning multiple funds. HCapital Partners has made around 50 investments and recorded 8 exits, with roughly 25 active portfolio companies. Named holdings include Automaise, Glartek, Eneida.io, Tugbot, Lival, Native, Omniflow, Loqr, Reefilla, and Routal, while exited positions include Enline, Frotcom, Hoooked, Icebel, HCCM Consulting, and New Spring Services. The team is led by Managing Partner João Arantes e Oliveira, alongside Founding Partner and Board Member Isabel Duarte Lima and Board Member Rui Dias Alves. More information is available at hcapital.pt.
INVESTMENT THESIS
Invests where technology meets traditional industry: energy transition, mobility, and industrial tech. Iberian focus with emphasis on sustainability-driven business models.
INVESTMENT DETAILS
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FREQUENTLY ASKED QUESTIONS
What stage does HCapital Partners invest at?
HCapital Partners invests at Seed, Series A, Series B, Growth stages.
What is HCapital Partners's typical ticket size?
HCapital Partners typically writes cheques of €500K–€3M.
What sectors does HCapital Partners invest in?
HCapital Partners focuses on Energy, Mobility, Industrial, Sustainability.
Where is HCapital Partners based?
HCapital Partners is a PE / VC based in Lisbon, Portugal, founded in 2014.
Who are the partners at HCapital Partners?
Key people at HCapital Partners include João Arantes e Oliveira (Founding Partner), Isabel Duarte Lima (Founding Partner), Óscar Martínez-Cubells (Partner), Rui Dias Alves (Partner).
What companies has HCapital Partners invested in?
HCapital Partners's portfolio includes Automaise, AVK, Dingoo, Ecozoleti, Eneida.io, Evio, Glartek, GT Renewables, among others.
Is HCapital Partners actively investing?
New Ideas II closed 2023; HCapital II PE 2021.
Can I invest in HCapital Partners's funds as an external investor?
HCapital Partners raises its funds from external investors (LPs). No open subscription window is publicly announced right now — prospective LPs are typically onboarded when the next fund is raised.
How do I contact or pitch HCapital Partners?
You can reach HCapital Partners via their website (hcapital.pt). You can also run your startup through Portugal VC's AI matcher to get a ranked shortlist of the investors that fit.