Portugal Ventures in London
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In partnership with Beacon Capital, Portugal Ventures has established a centre in London.
With the purpose of supporting and promoting the growth of Portuguese start-ups, opening up the doors of the world to them, Portugal Ventures has been opening accelerators in the main centres in the world. The first inaugurated in January 2013 in San Francisco, the second was opened in Boston in February 2014 and in June 2015 the first centre in Europe was inaugurated, in Berlin. And in March Portugal Ventures openned its second European centre, in London.
Formerly Angel Lab, Beacon Capital is a VC firm located in London that invests in tech-based start-ups and has an excellent background in the British capital’s entrepreneurship ecosystem. Beacon Capital will advise Portugal Ventures’ companies on strategy to scale up through London’s rapidly growing technology hub, including building local teams and establishing contacts with potential clients, partners and suppliers.
The office in the heart of London’s Tech City allows Portugal Ventures to access a relevant network of scientific, business and investor entities that will benefit Portugal Ventures’ portfolio companies, which will have the chance to seek out opportunities in London’s fast growing tech ecosystem.
The launch of a London office reinforces Portugal Ventures’ commitment to its portfolio companies and Portugal’s entrepreneurial community and coincides with Portugal’s rise in the global technology ecosystem as signaled by the recently announced relocation of Web Summit to Lisbon.