Portugal Ventures

280.8 M
UNDER
MANAGEMENT
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241
New Companies

Since 2012

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214.8 M
Invested

Since 2012

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20
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: 2023
No. of companies
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164
No. of jobs created
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2093
No. of jobs created by gender
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827
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1266
blank No. of PhD's on the teams
128
blank No. of Patents submitted / registered
149
No. of companies by stage of revenue
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Annual Total Revenue
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489
M€
Weight of revenue on GDP Source INE
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0 %
blank Exports – no. of transactions
479 K
blank Exports – in figures
135
M€
blank Markets/Countries in which our portfolio companies operate
blank9 Countries7 Portfolio companies
Number of companies per country
2
Morocco
2
LIBIA
2
Egypt
2
South Africa
4
Others
blank33 Countries81 Portfolio companies
Number of companies per country
67
Portugal
38
Spain
20
France
17
Germany
114
Others
blank10 Countries17 Portfolio companies
Number of companies per country
12
Brazil
4
Chile
3
PERU
3
COLOMBIA
9
Others
blank18 Countries18 Portfolio companies
Number of companies per country
7
China
5
South Korea
4
Japan
3
India
23
Others
blank4 Countries7 Portfolio companies
Number of companies per country
6
Australia
1
TUVALU
1
New Zealand
blank9 Countries35 Portfolio companies
Number of companies per country
32
United States
8
Canada
5
Mexico
1
REPUBLICA DOMINICANA
4
Others
Total of capital raised by the portfolio
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1
M€
blank Investments by cycle of life
Weight of PV Investment in the country’s VC Investment Source: CMVM
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0 %

Total Investment

Overview
2021
blank 12.94M€
2022
blank 17.7M€
2023
blank 12.36M€
2024
blank 5.3M€
2015
1º Quarter
blank 23.81M€
2º Quarter
blank 8.81M€
3º Quarter
blank 3.58M€
4º Quarter
blank 3.55M€
2016
1º Quarter
blank 4.9M€
2º Quarter
blank 6.03M€
3º Quarter
blank 1.91M€
4º Quarter
blank 1.41M€
2017
1º Quarter
blank 6.51M€
2º Quarter
blank 1.19M€
3º Quarter
blank 1.72M€
4º Quarter
blank 1.56M€
2018
1º Quarter
blank 3.01M€
2º Quarter
blank 2.5M€
3º Quarter
blank 2.82M€
4º Quarter
blank 2.89M€
2019
1º Quarter
blank 2.57M€
2º Quarter
blank 8.04M€
3º Quarter
blank 2.92M€
4º Quarter
blank 4.56M€
2020
1º Quarter
blank 4.55M€
2º Quarter
blank 1.86M€
3º Quarter
blank 7.26M€
4º Quarter
blank 5.4M€
2021
1º Quarter
blank 5.33M€
2º Quarter
blank 2.4M€
3º Quarter
blank 2.98M€
4º Quarter
blank 2.25M€
2022
1º Quarter
blank 2.97M€
2º Quarter
blank 3.91M€
3º Quarter
blank 7.86M€
4º Quarter
blank 2.97M€
2023
1º Quarter
blank 4.25M€
2º Quarter
blank 2.4M€
3º Quarter
blank 2.33M€
4º Quarter
blank 3.4M€
2024
1º Quarter
blank 3.65M€
2º Quarter
blank 1.65M€
3º Quarter
blank 0€
4º Quarter
blank 0€
Legend:
blank No. of New Investment
blank No. of follow-on investments
blank Total investment (million euros)

New Investments

2015
Investments
 
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11.92M€
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27
New Investments
2016
Investments
 
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3.29M€
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11
New Investments
2017
Investments
 
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1.07M€
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6
New Investments
2018
Investments
 
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2.72M€
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5
New Investments
Co-investments
New Investments + Follow-on
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1.93M€
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2
Co-investments
2019
Investments
 
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12.89M€
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29
New Investments
Co-investments
New Investments + Follow-on
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15.76M€
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2
Co-investments
2020
Investments
 
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9.27M€
blank
22
New Investments
Co-investments
New Investments + Follow-on
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28.68M€
blank
10
Co-investments
2021
Investments
 
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8.44M€
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39
New Investments
Co-investments
New Investments + Follow-on
blank
3.28M€
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5
Co-investments
2022
Investments
 
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7.12M€
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18
New Investments
Co-investments
New Investments + Follow-on
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59.44M€
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15
Co-investments
2023
Investments
 
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8.31M€
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34
New Investments
2024
Investments
 
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2.5M€
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6
New Investments

Follow-On Investments

Overview
blank 4.51M€
blank 10.58M€
blank 4.05M€
blank 2.8M€
Reference Rounds
blank
blank
blank
blank
blank
blank
2015
blank 17.16M€
blank 6.7M€
blank 2.32M€
blank 1.64M€
2016
blank 4.34M€
blank 4.31M€
blank 1.5M€
blank 800K€
2017
blank 5.9M€
blank 1.19M€
blank 1.56M€
blank 1.26M€
2018
blank 3.01M€
blank 1.16M€
blank 2.19M€
blank 2.14M€
2019
blank 1.37M€
blank 2.12M€
blank 125K€
blank 1.58M€
2020
blank 3.25M€
blank 1.86M€
blank 3.33M€
blank 1.35M€
2021
blank 1.02M€
blank 2.4M€
blank 393K€
blank 695K€
2022
blank 2.87M€
blank 2.29M€
blank 4.3M€
blank 1.12M€
2023
blank 2.75M€
blank 685K€
blank 378.47K€
blank 245K€
2024
blank 1.25M€
blank 1.55M€
blank 0€
blank 0€

Divestment

Overview
Reference Exits
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blank
blank
blank
blank
blank
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Legend:
blank No. of companies divested

Deal Flow

Overview
2021
2022
2023
2024
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
blank
789
LEADS
  • Call for Entrepreneurship
  • Call Açores
  • 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
  • Call Expand
all_calls
blank
LEADS
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
all_leads
blank
LEADS
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2015
blank
243
LEADS
  • Call for Entrepreneurship
  • Call Açores
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2016
blank
217
LEADS
  • Call Açores
  • Call for Entrepreneurship
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2017
blank
72
LEADS
  • Call for Entrepreneurship
  • Call for Tourism
  • Call Açores
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2018
blank
329
LEADS
  • Call for Entrepreneurship
  • Call for Tourism
  • Call Açores
  • Call for MVP
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2019
blank
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
blank No. of investments applied for (million euros) blank No. of Leads
2020
blank
229
LEADS
  • Call for MVP
  • Call for Tourism
  • Operação Follow-Ons (Mitigação COVID19)
  • Call AgroTech Economy
  • Call Açores
  • Call Blue Economy
  • Call Green Economy
  • Call FIT - Fostering Innovation in Tourism
  • Call INNOV-ID
  • Captação Direta
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2021
blank
161
LEADS
  • Call for MVP
  • Operação Follow-Ons (Mitigação COVID19)
  • Captação Direta
  • Call for Tourism
  • Call for Deep Tech
  • Call FIT - Fostering Innovation in Tourism
  • Call Açores
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2022
blank
197
LEADS
  • Call Açores
  • Captação Direta
  • Call Madeira
  • Call for Tourism
  • Call INNOV-ID
  • Operação Follow-Ons (Mitigação COVID19)
  • Call FIT - Fostering Innovation in Tourism
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2023
blank
357
LEADS
  • Call Açores
  • Call FIT - Fostering Innovation in Tourism
  • Call INNOV-ID
  • Call Madeira
  • Call Expand
  • Captação Direta
  • Call for Tourism
1º Quarter
2º Quarter
3º Quarter
4º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
2024
blank
74
LEADS
  • Captação Direta
  • Call FIT - Fostering Innovation in Tourism
  • Call for Tourism
1º Quarter
2º Quarter
Legenda
blank No. of investments applied for (million euros) blank No. of Leads
calls
blank 0€
Applications by business area
Manufacturing & Technology 441 Manufacturing & Technology
Tourism 746 Tourism
Digital & Technology 808 Digital & Technology
Therapeutics & HealthTech 154 Therapeutics & HealthTech
New Businesses 528 New Businesses
Portugal Gateway 60 Portugal Gateway
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2015
blank 1.07B€
Applications by business area
Manufacturing & Technology 89 Manufacturing & Technology
Tourism 32 Tourism
Digital & Technology 152 Digital & Technology
Therapeutics & HealthTech 29 Therapeutics & HealthTech
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2016
blank 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
blank 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
blank 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
blank 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
blank 53.05M€
Applications by business area
Manufacturing & Technology 29 Manufacturing & Technology
Tourism 67 Tourism
Digital & Technology 24 Digital & Technology
Therapeutics & HealthTech 8 Therapeutics & HealthTech
New Businesses 112 New Businesses
Portugal Gateway 2 Portugal Gateway
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2021
blank 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
blank 77.33M€
Applications by business area
Manufacturing & Technology 26 Manufacturing & Technology
Tourism 55 Tourism
Digital & Technology 69 Digital & Technology
Therapeutics & HealthTech 13 Therapeutics & HealthTech
New Businesses 137 New Businesses
Portugal Gateway 12 Portugal Gateway
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2023
blank 114.23M€
Applications by business area
Manufacturing & Technology 33 Manufacturing & Technology
Tourism 68 Tourism
Digital & Technology 74 Digital & Technology
Therapeutics & HealthTech 13 Therapeutics & HealthTech
New Businesses 256 New Businesses
Portugal Gateway 46 Portugal Gateway
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.
2024
blank 33.61M€
Applications by business area
Manufacturing & Technology 9 Manufacturing & Technology
Tourism 85 Tourism
Digital & Technology 44 Digital & Technology
Therapeutics & HealthTech 5 Therapeutics & HealthTech
Note:
The number of submissions per business area includes the submissions from the initiative Open Day.

Profile of applicant entrepreneurs

2019
Age
Legend:
blank<26-30 years
blank31-40 years
blank41-50 years
blank>50 years
Gender
Legend:
blankWomen
blankMen
Nationality
2020
Age
Legend:
blank<26-30 years
blank31-40 years
blank41-50 years
blank>50 years
Gender
Legend:
blankWomen
blankMen
Nationality
2021
Age
Legend:
blank<26-30 years
blank31-40 years
blank41-50 years
blank>50 years
Gender
Legend:
blankWomen
blankMen
blankOthers
Nationality
2022
Age
Legend:
blank<26-30 years
blank31-40 years
blank41-50 years
blank>50 years
Gender
Legend:
blankWomen
blankMen
blankOthers
Nationality
2023
Age
Legend:
blank<26-30 years
blank31-40 years
blank41-50 years
blank>50 years
Gender
Legend:
blankWomen
blankMen
blankOthers
Nationality
2024
Age
Legend:
blank<26-30 years
blank31-40 years
blank41-50 years
blank>50 years
Gender
Legend:
blankWomen
blankMen
Nationality
Note:
This type of data was only requested in the application form from 2019 onwards.

Profile of applicant companies

2019
Team Size
Legend:
blank< 6
blank6 - 20
blank21 - 50
blank101 - 250
Company Age
Legend:
blank< 1 year
blank<3 years
blank3-5 years
blank6-8 years
blank>11 years
Revenue
Location of Companies
2020
Team Size
Legend:
blank< 6
blank6 - 20
blank51 - 100
Company Age
Legend:
blank< 1 year
blank<3 years
blank3-5 years
blank6-8 years
Revenue
Location of Companies
2021
Team Size
Legend:
blank< 6
blank6 - 20
blank21 - 50
blankNo team
Company Age
Legend:
blank< 1 year
blank<3 years
blank3-5 years
blank6-8 years
blank9 - 11 years
blankNot incorporated
Revenue
Location of Companies
2022
Team Size
Legend:
blank< 6
blank6 - 20
blank21 - 50
blankNo team
Company Age
Legend:
blank< 1 year
blank<3 years
blank3-5 years
blank6-8 years
blank>11 years
blankNot incorporated
Revenue
Location of Companies
2023
Team Size
Legend:
blank< 6
blank6 - 20
blank21 - 50
blank51 - 100
blankNo team
Company Age
Legend:
blank< 1 year
blank<3 years
blank3-5 years
blank6-8 years
blank9 - 11 years
blank>11 years
blankNot incorporated
Revenue
Location of Companies
2024
Team Size
Legend:
blank< 6
blank6 - 20
blank21 - 50
blankNo team
Company Age
Legend:
blank< 1 year
blank<3 years
blank3-5 years
blank6-8 years
blank>11 years
blankNot incorporated
Revenue
Location of Companies
Note:
This type of data was only requested in the application form from 2019 onwards.

Partners Network

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125
Ignition Partners
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20
Capital Partners
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20
Corporate Partners
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200
Experts