Portugal Ventures

Portugal Ventures is a venture capital firm based in Porto, Portugal. Founded in 2012 as part of the Banco Português de Fomento group, it concentrates on investing in innovative, science- and technology-based companies and in tourism and industrial sectors. The firm targets early-stage funding, including pre-seed, seed, and Series A rounds, and also engages in expansion investments for small and medium enterprises seeking international growth. Its portfolio spans digital technology, manufacturing, therapeutics, health tech, artificial intelligence, cybersecurity, virtual reality and augmented reality, internet of things, and related areas, aiming to stimulate the Portuguese economy and support global scaling. Portugal Ventures emerged from the merger of AICEP Capital Global, InovCapital, and Turismo Capital, consolidating state-backed private equity activity to back startups and scale-ups in Portugal.

Maria João Almeida

Investor

Miguel Barbosa

Investment Director

Miguel Botto

Investment Director

António Nabais Carvalho

Director

Patrícia Costa Ph.D

Investment Manager

Pedro Cunha

Investment Manager

Afonso Granate Fernandes

Investor

Fernando Peres Ferreira

Investor

Rui Ferreira

Executive Vice President

Adelina Figueiredo

Investor

Teresa Fiúza

Executive Vice President

Pedro Grilo

Investment Manager

Nuno Macedo

Investment Manager

António Martinez

Investor

Adão Oliveira

Investor

Filomena Pastor

Investor

João Pereira

Investor

Pedro Quelhas

Investment Manager

Joana Rocha

Investor

Sílvia Silva

Investment Manager

Helena Taveira

Investor

Ana Lobo Xavier

Investor

Nuno de Almeida

Investment Manager

Past deals in Hotel

Yon Living

Seed Round in 2024
Yon Living is creating a next-generation hotel brand based on shared living for people who can live and work from anywhere. The company also offers a community workspace experience that blends adventure, community, and productivity, and provides a web interface for searching for homes, a mobile app for booking and managing stays, and a community forum to connect with other users, enabling remote working setups in new locations.

HiJiffy

Venture Round in 2023
HiJiffy is a developer of an innovative guest communication platform that centralizes and automates hotel customer service activities. Used daily in over 1,400 hotels across 30 countries, the platform integrates advanced technology to streamline communication and enhance guest engagement. By utilizing artificial intelligence, HiJiffy enables hotels to provide personalized experiences and ensure instant responses 24/7, significantly increasing automation rates, which average around 80%. This robust solution not only improves customer satisfaction but also helps hotels attract younger generations and boost direct bookings, addressing the increasingly complex communication needs of guests.

Unlock Boutique Hotels

Seed Round in 2023
Unlock Boutique Hotels is a hotel management company founded in 2016 and based in Porto, Portugal. Specializing in small to medium-sized hotels, the company focuses on delivering unique and culturally authentic experiences to its guests. It operates a portfolio of boutique hotels that cater to various needs, including accommodations for weddings, meetings, events, and conferences, alongside in-house dining options. As a subsidiary of NEWMARK Hotels (Pty) Ltd, Unlock Boutique Hotels emphasizes excellence in hospitality while providing detailed information about stays in its distinctive locations across Portugal.

The Independente Collective

Series A in 2021
A hospitality group specializing in hybrid hotel-hostel properties, offering unique and authentic travel experiences. Each property is designed to make guests feel welcomed and relaxed while immersing them in the local culture.

Sleep & Nature

Venture Round in 2021
Based in Montemor-o-Novo, Portugal, Sleep & Nature specializes in constructing and operating wellness-focused hotels. Their properties offer accommodation units alongside various facilities designed to promote relaxation, stress relief, and improved sleep through holistic services.

HiJiffy

Seed Round in 2020
HiJiffy is a developer of an innovative guest communication platform that centralizes and automates hotel customer service activities. Used daily in over 1,400 hotels across 30 countries, the platform integrates advanced technology to streamline communication and enhance guest engagement. By utilizing artificial intelligence, HiJiffy enables hotels to provide personalized experiences and ensure instant responses 24/7, significantly increasing automation rates, which average around 80%. This robust solution not only improves customer satisfaction but also helps hotels attract younger generations and boost direct bookings, addressing the increasingly complex communication needs of guests.

Fülhaus

Seed Round in 2020
Founded in 2015, Fülhaus specializes in furnishing solutions for hospitality and residential clients. Headquartered in Montreal, Canada, the company offers rapid sourcing, curation, installation, and photography services to help properties reach market readiness faster. In 2020, Fülhaus expanded its offerings to include furniture rental and interior design services for residential customers.

XLR8 Revenue Management

Seed Round in 2019
XLR8 Revenue Management specializes in enhancing the profitability of hotels and boutiques by providing tailored revenue management strategies. The company has developed an innovative revenue management system that acts as a strategic assistant, helping hospitality businesses forecast occupancy and optimize sales pricing and room availability. This platform simplifies complex processes, previously accessible mainly to large hotel chains, enabling all types of hotels to address their daily operational needs effectively. By focusing on maximizing revenue growth through improved efficiency and innovation, XLR8 aims to empower its clients to achieve better financial outcomes.

Great Hotels of the World

Seed Round in 2018
Great Hotels of the World is a renowned sales and marketing representation company for upscale independent hotels. They provide hotel sales and marketing alliances, sales, marketing, technology, and upscale independent hotels.

Doinn

Seed Round in 2016
Founded in 2015, Doinn is a Lisbon-based company that develops a platform connecting short-term rental hosts with professional cleaning, laundry, and check-in services. The platform streamlines operations by enabling easy scheduling, real-time tracking, and communication between service providers and hosts. It also facilitates the purchase of cleaning supplies and linen rentals from vetted providers across six countries.

B-Guest

Seed Round in 2015
B-Guest is a guest engagement platform designed to enhance the connection between hotels and their guests. The company specializes in providing innovative services that integrate seamlessly with hotel property management systems. B-Guest's offerings include automated check-in and check-out processes, which streamline operations and reduce paper usage, thereby saving time and costs for hotels while improving guest satisfaction. Additionally, the platform facilitates in-stay marketing campaigns, automating communication with guests through multiple channels such as email, SMS, and push notifications. B-Guest also features a mobile concierge service, allowing guests to access and request hotel services via a dedicated app or web interface. This comprehensive approach not only enhances the guest experience but also enables hotels to gather real-time feedback, mitigating the risk of negative reviews on social media.

Serafim Silva

Venture Round in 2011
Serafim Silva is a hotel management and accommodation in Nazaré.

Convent of Espinheiro

Venture Round in 2008
Convent of Espinheiro is a hotel that hosts meetings and gatherings. The company is based in Evora, Portugal.
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