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

Past deals in Leisure

Mission To Escape

Seed Round in 2023
Mission To Escape is Portugal's leading provider of escape game experiences. Their games are designed for team-building activities, requiring logical thinking, quick problem-solving, effective communication, and collaboration among players.

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.

Wide Ocean Retreat

Venture Round in 2020
Wide Ocean Retreat is a business that specializes in organizing retreats focused on wellness and personal growth. It offers serene environments for its clients, featuring natural settings such as cliffs, waterfalls, forests, rivers, and sandy beaches. The company provides a range of services including suitable locations, healthy food options, outdoor classes, ayurvedic massages, surfing, horse riding, and hiking. These offerings are designed to help customers enhance their well-being and health through yoga and other wellness activities.

Azores Touch

Venture Round in 2019
Azores Touch is a tourism-focused business established in 2017 by Sérgio Cota. Based in the Azores, it offers comprehensive holiday planning services, including local accommodation rentals, car hire, and a wide array of land and sea-based activities. The company's mission is to provide tourists with a complete and remarkable experience during their stay in the Azores, ensuring memorable vacations through its extensive network of tourism partners.

Sailside

Venture Round in 2019
Sailside is a peer-to-peer boat rental marketplace founded in 2017 and headquartered in Portugal. The company enables boat owners to list various types of boats, including sailboats and motorboats, for rent or charter without incurring any fees. Sailside aims to transform the boating experience by providing enthusiasts access to a global inventory of boats, allowing them to enjoy unique aquatic adventures without the financial burden of ownership. The platform facilitates the rental process by comparing prices and offering options that cater to different budgets. Additionally, Sailside ensures that users have access to insurance coverage and the option to hire a skipper, enhancing safety and convenience. By addressing the underutilization of boats, Sailside allows owners to generate income from their vessels while offering renters an affordable and enriching alternative to traditional accommodations and travel experiences.

TRY Portugal

Venture Round in 2019
TRY Portugal operates a travel agency and tour operations. TRY Portugal delivers a digital marketplace that unites the broadest national offer of a qualified Network of touristic programs, experiences, and outdoor activities.

Friday

Seed Round in 2014
Friday designs and develops devices and equipment for recreational boating activities.
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