Portugal Ventures
ABOUT PORTUGAL VENTURES
Portugal Ventures is Portugal's state-backed venture capital firm, founded in 2012 with offices in Porto and Lisbon. It invests from pre-seed through Series A, writing checks of roughly €50K to €1.5M across tech, life sciences, tourism, and the ocean economy, and manages around €350M. It is the country's most active early-stage investor by deal count, with 271 investments, 19 exits, and 3 IPOs to date. Portugal Ventures backs capital-efficient founders with global ambition and counts three unicorns among its results — OutSystems, BitSight, and Fever — with the Fever position exited at a reported 15x return in March 2026. Other portfolio names include Barkyn, Jscrambler, Defined.ai, Aptoide, and AnubisNetworks. The firm is led by President and CEO Marco Neves, Vice-President João Paulo Miranda, and Executive Board Member Carla Areias. More information is available at portugalventures.pt.
INVESTMENT THESIS
Backs Portuguese startups from pre-seed through Series A, typically €50K-€1.5M checks. Focuses on capital-efficient founders with global ambition, particularly in deep tech, sustainability, and sectors where Portugal has natural advantages.
RECENT DEALS
(2)INVESTMENT DETAILS
TEAM
FREQUENTLY ASKED QUESTIONS
What stage does Portugal Ventures invest at?
Portugal Ventures invests at Pre-Seed, Seed, Series A stages.
What is Portugal Ventures's typical ticket size?
Portugal Ventures typically writes cheques of €50K–€1.5M.
What sectors does Portugal Ventures invest in?
Portugal Ventures focuses on Tech, Life Sciences, Tourism, Ocean Economy.
Where is Portugal Ventures based?
Portugal Ventures is a VC (Government) based in Porto / Lisbon, Portugal, founded in 2012.
Who are the partners at Portugal Ventures?
Key people at Portugal Ventures include Marco Neves (President (CEO)), João Paulo Miranda (Vice-President), Carla Areias (Executive Board Member).
What companies has Portugal Ventures invested in?
Portugal Ventures's portfolio includes Ablute, About Aqua Food, Abyssal, Addvolt, Adeci, AgriMarketplace, AJP Motos, Aldeia da Pedralva, among others.
How much does Portugal Ventures manage?
Portugal Ventures manages €350M in assets / fund commitments.
How do I contact or pitch Portugal Ventures?
You can reach Portugal Ventures via their website (portugalventures.pt). You can also submit your startup through Portugal VC's pitch tool to be forwarded to matching investors.