Portugal Ventures

Since 2012

261 M
UNDER
MANAGEMENT
+ 190
New Companies

Since 2012

181 M
Invested

Since 2012

17
Reference Rounds

From Seed Series to Series D

Since 2012 Portugal Ventures has been working with a management system designed to aggregate all the information related to its portfolio and activity, aimed at controlling, managing and sharing information with the team, to ensure detailed and reliable internal communication.

Ten years later, we launched the Portugal Ventures Dashboard, a repository of performance indicators that measure and demonstrate the impact that our activity and that of our portfolio companies has on the national economy.

This tool, which provides real-time information, strengthens Portugal Ventures’ commitment to accurate and transparent communication on all processes.

Portfolio Impact Indicators in the Portuguese Economy

Reference year: 2021
No. of companies
144
No. of jobs created
2664
No. of jobs created by gender
1005
1659
No. of PhD's on the teams
140
No. of Patents submitted / registered
165
No. of companies by stage of revenue
Annual Total Revenue
258
M€
Weight of revenue on GDP Source INE
0.12 %
Exports – no. of transactions
480 K
Exports – in figures
177
M€
Markets/Countries in which our portfolio companies operate
33 Countries83 Portfolio companies
Number of companies per country
65
Portugal
41
Spain
23
France
22
Germany
149
Others
8 Countries21 Portfolio companies
Number of companies per country
14
Brazil
5
Chile
4
Argentina
4
Netherlands Antilles
5
Others
7 Countries38 Portfolio companies
Number of companies per country
36
United States
10
Canada
6
Mexico
1
Barbados
2
Others
19 Countries23 Portfolio companies
Number of companies per country
8
China
7
Japan
5
India
5
EAU
27
Others
12 Countries11 Portfolio companies
Number of companies per country
3
Morocco
2
South Africa
2
Angola
2
Egypt
8
Others
3 Countries8 Portfolio companies
Number of companies per country
7
Australia
2
New Zealand
Total capital raised by the current portfolio up to 2021
704
M€
Total investment per life cycle in 2021
Weight of total investment by PV on total venture capital in the country in 2020 Source: CMVM
3.1 %

Total Investment

Overview
2019
17.83M€
2020
19.02M€
2021
12.94M€
2022
12.2M€
2015
1º Quarter
23.81M€
2º Quarter
8.81M€
3º Quarter
3.58M€
4º Quarter
3.55M€
2016
1º Quarter
4.9M€
2º Quarter
6.03M€
3º Quarter
1.91M€
4º Quarter
1.41M€
2017
1º Quarter
6.51M€
2º Quarter
1.19M€
3º Quarter
1.72M€
4º Quarter
1.56M€
2018
1º Quarter
2.31M€
2º Quarter
1.78M€
3º Quarter
2.82M€
4º Quarter
1.18M€
2019
1º Quarter
2.57M€
2º Quarter
7.79M€
3º Quarter
2.92M€
4º Quarter
4.56M€
2020
1º Quarter
4.5M€
2º Quarter
1.86M€
3º Quarter
7.26M€
4º Quarter
5.4M€
2021
1º Quarter
5.33M€
2º Quarter
2.4M€
3º Quarter
2.98M€
4º Quarter
2.25M€
2022
1º Quarter
2.65M€
2º Quarter
2.59M€
3º Quarter
6.96M€
4º Quarter
0€
Legend:
No. of New Investment
No. of follow-on investments
Total investment (million euros)

New Investments

2015
Investments
11.92M€
27
New Investments
2016
Investments
3.29M€
11
New Investments
Co-investments
765.77K€
1
Co-investments
2017
Investments
1.07M€
6
New Investments
Co-investments
1.68M€
2
Co-investments
2018
Investments
2.4M€
5
New Investments
Co-investments
3.35M€
4
Co-investments
2019
Investments
12.64M€
28
New Investments
Co-investments
20.7M€
7
Co-investments
2020
Investments
9.27M€
22
New Investments
Co-investments
77.95M€
13
Co-investments
2021
Investments
8.44M€
39
New Investments
Co-investments
5M€
7
Co-investments
2022
Investments
5.01M€
12
New Investments
Co-investments
57.59M€
15
Co-investments

Follow-On Investments

Overview
5.19M€
9.75M€
4.51M€
7.19M€
Reference Rounds
2015
17.16M€
6.7M€
2.32M€
1.64M€
2016
4.34M€
4.31M€
1.5M€
800K€
2017
5.9M€
1.19M€
1.56M€
1.26M€
2018
2.31M€
755K€
2.19M€
428.53K€
2019
1.37M€
2.12M€
125K€
1.58M€
2020
3.2M€
1.86M€
3.33M€
1.35M€
2021
1.02M€
2.4M€
393K€
695K€
2022
2.55M€
1.24M€
3.4M€
0€

Divestment

Overview
Reference Exits
2015
2016
2017
2018
2019
2020
2021
2022
Legend:
No. of companies divested

Deal Flow

Overview
2019
2020
2021
2022
Legenda
No. of investments applied for (million euros) No. of Leads
701
LEADS
  • Call for Entrepreneurship
  • +Innovation +Industry
  • Call Açores
  • +Património +Turismo
  • Call for Tourism
  • Call for MVP
  • Call FIT - Fostering Innovation in Tourism
  • Call Blue Economy
  • Call Green Economy
  • Call AgroTech Economy
  • Captação Direta
  • Operação Follow-Ons (Mitigação COVID19)
  • Call INNOV-ID
  • Call for Deep Tech
  • Call Madeira
all_calls
LEADS
Legenda
No. of investments applied for (million euros) No. of Leads
all_leads
LEADS
Legenda
No. of investments applied for (million euros) No. of Leads
2015
308
LEADS
  • Call for Entrepreneurship
  • +Innovation +Industry
  • Call Açores
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
2016
354
LEADS
  • Call Açores
  • +Innovation +Industry
  • Call for Entrepreneurship
  • +Património +Turismo
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
2017
72
LEADS
  • Call for Entrepreneurship
  • Call for Tourism
  • Call Açores
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
2018
329
LEADS
  • Call for Entrepreneurship
  • Call for Tourism
  • Call Açores
  • Call for MVP
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
2019
148
LEADS
  • Call Açores
  • Call for MVP
  • Call for Tourism
  • Call FIT - Fostering Innovation in Tourism
  • Call Blue Economy
  • Call Green Economy
  • Call AgroTech Economy
  • Captação Direta
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
2020
229
LEADS
  • Call for MVP
  • Call for Tourism
  • Operação Follow-Ons (Mitigação COVID19)
  • Call AgroTech Economy
  • Call Blue Economy
  • Call Açores
  • Call Green Economy
  • Call FIT - Fostering Innovation in Tourism
  • Call INNOV-ID
  • Captação Direta
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
2021
161
LEADS
  • Operação Follow-Ons (Mitigação COVID19)
  • Captação Direta
  • Call for MVP
  • Call for Tourism
  • Call for Deep Tech
  • Call FIT - Fostering Innovation in Tourism
  • Call Açores
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
2022
163
LEADS
  • Call Açores
  • Captação Direta
  • Call Madeira
  • Operação Follow-Ons (Mitigação COVID19)
  • Call for Tourism
  • Call INNOV-ID
1º Quarter
2º Quarter
3º Quarter
Legenda
No. of investments applied for (million euros) No. of Leads
calls
0€
Applications by business area
Manufacturing & Technology 387 Manufacturing & Technology
Tourism 583 Tourism
Digital & Technology 666 Digital & Technology
Therapeutics & HealthTech 127 Therapeutics & HealthTech
New Businesses 266 New Businesses
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2015
1.07B€
Applications by business area
Manufacturing & Technology 89 Manufacturing & Technology
Tourism 32 Tourism
Digital & Technology 151 Digital & Technology
Therapeutics & HealthTech 29 Therapeutics & HealthTech
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2016
1.14B€
Applications by business area
Manufacturing & Technology 94 Manufacturing & Technology
Tourism 120 Tourism
Digital & Technology 137 Digital & Technology
Therapeutics & HealthTech 22 Therapeutics & HealthTech
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2017
31.97M€
Applications by business area
Manufacturing & Technology 17 Manufacturing & Technology
Tourism 19 Tourism
Digital & Technology 26 Digital & Technology
Therapeutics & HealthTech 10 Therapeutics & HealthTech
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2018
168.34M€
Applications by business area
Manufacturing & Technology 79 Manufacturing & Technology
Tourism 112 Tourism
Digital & Technology 119 Digital & Technology
Therapeutics & HealthTech 17 Therapeutics & HealthTech
New Businesses 1 New Businesses
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2019
103.96M€
Applications by business area
Manufacturing & Technology 29 Manufacturing & Technology
Tourism 77 Tourism
Digital & Technology 45 Digital & Technology
Therapeutics & HealthTech 17 Therapeutics & HealthTech
New Businesses 1 New Businesses
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2020
50.4M€
Applications by business area
Manufacturing & Technology 27 Manufacturing & Technology
Tourism 67 Tourism
Digital & Technology 23 Digital & Technology
Therapeutics & HealthTech 6 Therapeutics & HealthTech
New Businesses 118 New Businesses
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2021
81.57M€
Applications by business area
Manufacturing & Technology 36 Manufacturing & Technology
Tourism 111 Tourism
Digital & Technology 118 Digital & Technology
Therapeutics & HealthTech 20 Therapeutics & HealthTech
New Businesses 21 New Businesses
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2022
44.57M€
Applications by business area
Manufacturing & Technology 16 Manufacturing & Technology
Tourism 45 Tourism
Digital & Technology 47 Digital & Technology
Therapeutics & HealthTech 6 Therapeutics & HealthTech
New Businesses 125 New Businesses
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.

Profile of applicant entrepreneurs

2019
Age
Legend:
<26-30 years
31-40 years
41-50 years
>50 years
Gender
Legend:
Women
Men
Nationality
2020
Age
Legend:
<26-30 years
31-40 years
41-50 years
>50 years
Gender
Legend:
Women
Men
Nationality
2021
Age
Legend:
<26-30 years
31-40 years
41-50 years
>50 years
Gender
Legend:
Women
Men
Others
Nationality
2022
Age
Legend:
<26-30 years
31-40 years
41-50 years
>50 years
Gender
Legend:
Women
Men
Others
Nationality
Note:
This type of data was only requested in the application form from 2019 onwards.

Profile of applicant companies

2019
Team Size
Legend:
< 6
6 - 20
21 - 50
101 - 250
Company Age
Legend:
< 1 year
<3 years
3-5 years
6-8 years
>11 years
Revenue
Location of Companies
2020
Team Size
Legend:
< 6
6 - 20
51 - 100
Company Age
Legend:
< 1 year
<3 years
3-5 years
6-8 years
Revenue
Location of Companies
2021
Team Size
Legend:
< 6
6 - 20
21 - 50
No team
Company Age
Legend:
< 1 year
<3 years
3-5 years
6-8 years
9 - 11 years
Not incorporated
Revenue
Location of Companies
2022
Team Size
Legend:
< 6
6 - 20
21 - 50
No team
Company Age
Legend:
< 1 year
<3 years
3-5 years
6-8 years
>11 years
Not incorporated
Revenue
Location of Companies
Note:
This type of data was only requested in the application form from 2019 onwards.

Partners Network

125
Ignition Partners
20
Capital Partners
20
Corporate Partners
200
Experts