Our Funds

Indico VC Fund I - Fundo de Capital de Risco


€ 54 million (closed) for early stage ICT Startups'
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InnovFin Equity and Portugal Tech

Indico VC Fund I - Fundo de Capital de Risco is supported by InnovFin Equity, with the financial backing of the European Union under Horizon 2020 Financial Instruments and the European Fund for Strategic Investments ("EFSI") set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.  It is also co-financed by Fundo de Capital e Quase Capital (FC&QC) managed by BPF – Banco Português de Fomento, S.A. through the Portugal Tech facility managed by the European Investment Fund.

Indico Opportunity Fund I - Fundo de Capital de Risco


€ 25 million (closed) as a top fund for the portfolio of Indico VC Fund I - Fundo de Capital de Risco
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EGF and Portugal Tech

Indico Opportunity Fund I - Fundo de Capital de Risco is supported by the Pan-European Guarantee Fund (EGF), implemented by the European Investment Fund (EIF) as part of the European Investment Bank (EIB) Group with the financial support of the EU Participating Member States.  It is also co-financed by Fundo de Capital e Quase Capital (FC&QC) managed by BPF – Banco Português de Fomento, S.A. through the Portugal Tech facility managed by the European Investment Fund.

Indico Acceleration Fund I - Fundo de Capital de Risco


€ 12 million (closed) for Indico Founders' Programme powered by Google For Startups
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Indico Blue Fund - Fundo de Capital de Risco


€ 50 million (closed) for climate action focused on blue economy / SMB's.
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Indico R&D & Co-investments VC Fund II - Fundo de Capital de Risco


Up to € 70 million fund dedicated to the investment in later-stage Portuguese tech startups eligible for the fiscal benefit scheme SIFIDE II.
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Indico R&D & Co-investments VC Fund II - Fundo de Capital de Risco is co-financed and supported by Programa de Venture Capital managed by BPF - Banco Português de Fomento, S.A.

Indico VC Fund II - Fundo de Capital de Risco


€ 100 million fund with main focus in Seed to Series A investments in B2B companies in Southern European diaspora, with a main focus on Enterprise SaaS models based on AI, deep tech and space tech.
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