Shilling Capital Partners
ABOUT SHILLING CAPITAL PARTNERS
Shilling Capital Partners is a Lisbon-based venture capital firm founded in 2010 that invests at pre-seed, seed, and Series A across B2B, consumer tech, and AI. Now rebranded as Shilling VC, it runs a high-velocity strategy of many small checks between €100K and €1M, spread across a €52M Founders Fund and a €50M Opportunity Fund. With 84 investments to date, Shilling was the most active VC by deal count in Portugal in 2025. Its portfolio includes the unicorn Sword Health, along with Coverflex, Rows, Casafari, Unbabel, and Tucuvi, plus companies such as Zharta, Smartex, Inductiva Research Labs, Anybrain, and Volt Games. The team is led by Managing Partner Ricardo Jacinto and General Partner Pedro Ramalho Carlos, with founders António Casanova and Diogo da Silveira serving on the investment committee. Shilling Capital Partners prioritizes founder quality and market timing, backing early-stage companies that apply AI and data to B2B and consumer markets.
INVESTMENT THESIS
High-velocity early-stage investor. Takes lots of bets at small check sizes, prioritizing founder quality and market timing. Focuses on B2B and consumer tech companies using AI and data.
INVESTMENT DETAILS
TEAM
FREQUENTLY ASKED QUESTIONS
What stage does Shilling Capital Partners invest at?
Shilling Capital Partners invests at Pre-Seed, Seed, Series A stages.
What is Shilling Capital Partners's typical ticket size?
Shilling Capital Partners typically writes cheques of €100K–€1M.
What sectors does Shilling Capital Partners invest in?
Shilling Capital Partners focuses on B2B, Consumer Tech, AI.
Where is Shilling Capital Partners based?
Shilling Capital Partners is a VC based in Lisbon, Portugal, founded in 2010.
Who are the partners at Shilling Capital Partners?
Key people at Shilling Capital Partners include Ricardo Jacinto (Managing Partner), Pedro Ramalho Carlos (General Partner), António Casanova (Founder & IC Member), Diogo da Silveira (Founder & IC Member).
What companies has Shilling Capital Partners invested in?
Shilling Capital Partners's portfolio includes Balance, Assimetria, Bounce, Aptivio, Cooby, Equall, Networkme, Cafler, among others.
How much does Shilling Capital Partners manage?
Shilling Capital Partners manages €52M in assets / fund commitments.
How do I contact or pitch Shilling Capital Partners?
You can reach Shilling Capital Partners via their website (shilling.vc). You can also submit your startup through Portugal VC's pitch tool to be forwarded to matching investors.