Supporting the best high tech companies going from local to global.

We are the leading independent Venture Capital firm in Portugal investing in global and sustainable technology companies. Indico´s funds invest in software as a service, marketplaces, artificial intelligence, internet of things, fintech, cybersecurity, blockchain and digital companies. Our investment range is mostly from Pre-Seed to Series A level in Portuguese and Spanish startups.

Recent Portfolio NewsBrilliance, Dedication and Fearlessness

Investment TeamFirst class investment and company development team

Stephan Morais

Managing General Partner Former CEO and entrepreneur with 15+ years of investment experience.

Ricardo Torgal

General Partner Investment experience in multiple environments, including backing the most prominent portuguese startups.

Cristina Fonseca

Venture Partner Founder, entrepreneur and angel investor, passionate about technology.

Rui Rodrigues

Principal Investor and consultant with previous experience in Private Equity and Venture Capital.