RR² Capital

    VC·Est. 2021
    120
    INVESTMENTS

    ABOUT RR² CAPITAL

    RR² Capital is a Lisbon-based seed-stage venture capital firm founded in 2021, specializing in Web3 and data infrastructure. It backs data analytics, business intelligence, and blockchain projects, with a portfolio built across DeFi, zero-knowledge, and NFT sectors. RR² Capital has made more than 120 investments, and in 2024 it launched a dedicated AI division to extend its focus beyond crypto. Notable holdings include zkLink, Particle Network, and Ape Terminal, alongside Dolomite, Polygon, and Nebula. The firm's concentration on crypto and data/BI at the seed stage, combined with a high-volume investment pace, positions RR² Capital as a Web3 and AI specialist among Portuguese venture firms. Its move into an AI-focused practice reflects a broadening from blockchain infrastructure into adjacent data and machine-learning opportunities, while the core thesis remains centered on early-stage data and decentralized technology projects.

    INVESTMENT THESIS

    Web3 and data infrastructure specialist. Backs data analytics, business intelligence, and blockchain projects at seed stage.

    INVESTMENT DETAILS

    OPEN TO LPsStructurally yes — between funds
    STAGES
    Seed
    SECTORS
    Data/BICrypto/Web3
    PORTFOLIO
    DolomitePolygonNebulazkLinkParticle NetworkApe Terminal
    FOUNDED2021
    NOTESWeb3/AI specialist; 120+ investments in DeFi, ZK, NFT; launched AI division in 2024

    FREQUENTLY ASKED QUESTIONS

    What stage does RR² Capital invest at?

    RR² Capital invests at Seed stage.

    What sectors does RR² Capital invest in?

    RR² Capital focuses on Data/BI, Crypto/Web3.

    Where is RR² Capital based?

    RR² Capital is a VC based in Lisbon, Portugal, founded in 2021.

    What companies has RR² Capital invested in?

    RR² Capital's portfolio includes Dolomite, Polygon, Nebula, zkLink, Particle Network, Ape Terminal.

    Can I invest in RR² Capital's funds as an external investor?

    RR² Capital 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 RR² Capital?

    You can reach RR² Capital via their website (rr2.capital). You can also submit your startup through Portugal VC's pitch tool to be forwarded to matching investors.