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Indico Capital

Lisbon, PortugalWebsite ↗

Indico Capital Partners is a leading independent venture capital firm based in Lisbon, Portugal, dedicated to investing in transformative technology and sustainable startups across Southern Europe and its diaspora. The firm focuses on backing exceptional founders with global ambitions, providing capital and hands-on support to scale their businesses internationally.

Last raised
Nov 2025
9 mo ago
Latest fund size
$135M
Indico VC Fund III
AUM
$259.2M
estimated

Funds raised

Capital this firm has raised, newest first

Indico VC Fund I
Unknown
$58.3M
Indico Opportunity Fund I
Unknown
$27M
Indico Acceleration Fund I
Unknown
$13M
Indico VC Fund III
Nov 2025 · VCIII
$135M
Indico VC Fund II
Oct 2024
$82.1M
Indico Blue Fund
Jan 2022
$54M

Recent investments

Companies this firm has funded, newest first

CompanyRoundAmountDateSource
Fossa SystemsJun 2026
DealroomSeries A$6.3MJan 2026
PreplyGrowth$127MJan 2026
PandaDocLead$5.9MDec 2025
MembrionSeries B$20MOct 2025
NutriumSeries A$12MSep 2025
WorkfullySeed$5MSep 2025
Sword Health$40MJun 2025

Sources

Where this data came from