Portugal Ventures is a Venture Capital and Private Equity firm, focusing its investments in innovative, scientific and technology-based companies as well as in companies from the more traditional Portuguese Tourism and Industrial sectors, with significant competitive advantages and export oriented to global markets. We partner with exceptional entrepreneurs, assisting them in achieving new levels of competitiveness and success at all stages of development of their companies and operating in a number of different sectors.
Portugal Ventures works alongside entrepreneurs, enabling high-growth Portuguese companies to achieve global status.
At a glance:
Portugal Capital Ventures - Sociedade de Capital de Risco, S.A.
Establishment: Founded in June 2012, as a result of the merger of the three state-backed Venture Capital & Private Equity firms - AICEP Capital Global (founded in 1988), InovCapital (founded in 1989) and Turismo Capital (founded in 1991).
Activity: Venture Capital & Private Equity investments.
Assets under management: (circa) €600 million.
Shareholders: IAPMEI; AICEP; Turismo de Portugal; Direção Geral do Tesouro e Finanças; Banco BPI; Millennium BCP; Banco Espírito Santo, Banco Santander Totta, Petróleos de Portugal, Companhia de Seguros de Açoreana, Citibank International, Banco Efisa, Montepio and Banco BIC.
Offices: Oporto (institutional headquarters) and Lisbon (operational headquarters).
History: Founded in June 2012, Portugal Ventures is the result of the merger of the three state-backed Venture Capital & Private Equity firms:
AICEP Capital Global (ACG), founded in 1988. ACG focused on Private Equity investments, namely in the consolidation, internationalisation and turnaround of companies. At the time of the merger it had about €113 million in funds under management and a portfolio of about 25 companies;
InovCapital (IC), founded in 1989. IC focused mainly on Venture Capital investments, especially in innovative companies in a diversified range of technologies and industrial sectors. At the time of the merger it had about €260 million in funds under management and a portfolio of about 120 companies;
and Turismo Capital (TC), founded in 1991. TC focused on investments in companies operating in the Tourism, Hospitality and Leisure industry. At the time of the merger it had about €96 million in funds under management and a portfolio of about 30 companies.
As a result of the merger, Portugal Ventures has an accumulated experience of over 20 years in supporting the development of more than 250 Portuguese companies at all stages of investment, leading them to growth, profitable trade-sales and IPOs.
See some of our Case Studies.