Radar > 268495

Indico Capital Partners launches EUR 46m Venture Capital Fund

Intel ID : 268495
Synopsis

Indico Capital Partners new venture capital fund, Indico Capital Partners VC I, has recently completed its first closing of EUR 41m out of the EUR 46m of commitments from investors from 8 different countries. The fund aims to identify, invest and nurture the most promising Iberian early stage startups, in particularly those based out of Portugal.

It is the first sizable independent and private early stage tech focused fund to be based in Lisbon, one of the up-and-coming tech hubs in Europe. With a geographic focus, the fund will target investments from B2B SaaS, Artificial Intelligence, Fintech and Cybersecurity to Marketplaces and B2C Platforms.

The fund will invest typically between EUR 0,15m and EUR 5m per portfolio company over their lifetime - pre-seed to series A, plus follow-on rounds. Target portfolio companies will aim to become global category leaders. The first Indico investments have already been concluded and will be announced soon.

Target

Indico Capital Partners
Portugal

Advisors

retained

Intel ID 268495
Value EUR 46,00m
Native Currency Euro (EUR)
Financial Data - Indico Capital Partners
(31 Dec 2023)
Revenue: -
EBITDA: -
People: 11
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legal Advisory

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    
-

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.