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 focuses on blockchain, artificial intelligence, software as a service, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level.
Recent Portfolio NewsBrilliance, Dedication and Fearlessness
April 21st, 2020
Investment
Indico to launch new accelerator in partnership with Google for Startups
March 9th, 2020
Investment
Indico Capital Partners VC Fund Reaches 54 Million Euros
February 2nd, 2020
Investment
Tier Mobility Consolidates European Leadership Position by Extending Series B funding to $100M+
December 19th, 2019
Investment
Indico Capital Partners joins UN-supported Principles for Responsible Investment
October 22nd, 2019
Investment
Innovative facility management SaaS company raises €3M
October 7th, 2019
Investment
TIER Mobility raises US$60 million in its Series B
September 24th, 2019
Investment
Unbabel raises $60M Series C to become the world’s translation layer
July 26th, 2019
Investment
EatTasty raises 1.1M Euros Seed Round
June 27th, 2019
Investment
Sound Particles, an Indico portfolio company achieves major funding milestone
June 7th, 2019
Investment
Indico unveils investment in TIER, the leading European Micro-mobility company
May 3rd, 2019
Investment
Zenklub raises half a million round from Indico
April 4th, 2019
Investment
Barkyn raises €1,7 Million Seed Round led by Indico
February 22nd, 2019
Investment
Attentive closes $1.2M Seed round with Indico and Mangrove
February 8th, 2019
Investment
Fish Marketplace Bitcliq nets 600k investment led by Indico
January 25th, 2019
Investment
Indico invests in Hollywood nominee software company Sound Particles
January 11th, 2019
Investment
Indico Capital Partners launches VC Fund
Lisbon finally gets a substantial VC fund in the shape of Indico Capital Partners
It’s therefore fantastic to see a new VC fund appearing in the city, set up by three experienced stalwarts of the scene.
Techrunch
It’s therefore fantastic to see a new VC fund appearing in the city, set up by three experienced stalwarts of the scene.
Techrunch
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.