Indico Capital Partners launches EUR 46m Venture Capital Fund

(versão em inglês)

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.