Alpac Capital

Alpac Capital, established in 2013 and based in Lisbon, Portugal, is a venture capital firm that focuses on investing in European companies, particularly in Hungary, Portugal, and neighboring countries. The firm specializes in scaling technology companies that provide products and services to B2B customers, including telecom operators, industrial and agricultural businesses, and healthcare services. Alpac Capital employs a hands-on investment approach, making equity investments while actively participating in business development to facilitate successful growth and maintain high professional management standards. The firm seeks to partner with experienced teams whose products and services have demonstrated market viability, and it has successfully invested in sectors such as industrials and renewables prior to raising institutional funds.

Pedro Vargas David

CEO, Managing Partner

Luis Santos

Managing Partner

Past deals in Portugal

Caravela Seguros

Series C in 2017
Caravela Seguros is a Lisbon-based provider of health, property, and casualty insurance, offering a range of non-life insurance products. Their services include work accident insurance, personal accident coverage, travel insurance, automotive insurance, and home insurance, tailored to meet the specific needs of individuals, businesses, and social institutions. Caravela Seguros utilizes digital channels, telephone lines, and a comprehensive network of insurance intermediaries to deliver its services, ensuring accessibility and convenience for its clients.
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