Background, Vision And Values

Our History

Founded in June 2012, Portugal Ventures is the result of a merger between three of the major Venture Capital Firms in Portugal – AICEP Capital, InovCapital and Turismo Capital, thus playing a key role in the financing and growth of the Portuguese entrepreneurship ecosystem.

Today, Portugal Ventures is part of the Public Business Sector and heads public venture capital investment, operating under the same terms and conditions that apply to private companies and subject to the general domestic and community competition rules.

As a venture capital firm, Portugal Ventures and the Venture Capital Funds it manages are under the supervision of the Portuguese Securities Market Commission (CMVM).

For Portugal Ventures, governance also means complying with and applying the Principles of Good Governance for the Public Business Sector, established under Decree-Law no. 133/2013, dated 3 October. As such, all public information concerning Portugal Ventures is available on the DGTF website

Our Vision

Portugal Ventures was founded in 2012 to drive the global success of Portuguese companies, helping them achieve competitiveness goals in all stages of development.

Over the years, we have worked to feed this ambition: to make Portugal Ventures a benchmark venture capital partner in Portugal, designing differentiated strategies for the growth, competitiveness and internationalisation potential for each of our portfolio companies.

Our Values

The corporate values that underpin our culture and bolster our identity guide us in the pursuit of our vision:

  • Commitment – we have a sense of pride, belonging and loyalty. We are aligned with the organisation’s priorities and goals, and strive to make our contribution to the individual success and sustainability of each of our portfolio companies. We can work across the board with the various people in the company and the companies in which we invest, sharing information and best practices, fostering cohesion and creating synergies to achieve common goals.
  • Excellence – we believe that internal and external customers are a priority and that everything we do affects their satisfaction. We are customer-centric, encouraging close relationships and personalised engagement. A partner that can anticipate and/or identify your needs, endeavouring to ensure your complete satisfaction and delivering service excellence.
  • Transparency – we are objective and unbiased in fulfilling our duties, which is demonstrated by our individual integrity and commitment to Portugal Ventures’ principles and Code of Conduct, ensuring consistency over time. We value and strictly follow control rules and procedures that apply to the activity carried out to ensure the reliability of disclosed information and final outputs.

Legal Information:

Portugal Ventures’ share capital, fully subscribed and paid up, is of EUR 40,412,650.00 (forty million four hundred and twelve thousand six hundred and fifty euros), represented by 8,082,530 (eight million and eighty-two thousand five hundred and thirty) shares, each with a par value of EUR 5.00 (five euros).

It is registered at the Porto Companies Registration Office under unique corporate registration and taxpayer number 502206128.

Remuneration paid by Portugal Ventures to the members of its Governing Bodies is indicated in the Annual Report and in the Corporate Governance Report, as well as on the DGTF website.

Public Service Obligations:
Portugal Ventures has not entered into any contracts with public authorities for the provision of public services or those of general interest.

Financing model and State aid received:
Portugal Ventures has not received any State aid.