Tech Odyssey Series: Who writes the first cheque for Portugal’s youngest startups?

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Tech Odyssey Series: Who writes the first cheque for Portugal’s youngest startups?

Previous on Tech Odyssey: In our last episode, we went to the University of Porto, INESC TEC, and UPTEC to see how research can move from the lab into startups. This time, we look at what often comes next: who backs those companies when they are still too early for most investors. When a startup leaves a university lab, incubator, or science park, it is often at its most fragile point. There may be a team, a technology, and a clear ambition, but little market proof and little

Portugal Ventures, a public venture capital firm, plays a crucial role in supporting early-stage Portuguese startups that are often too nascent for private investors. Established in 2012, the firm invests in companies at the pre-seed and seed stages, focusing on those with global aspirations across digital, industry, life sciences, and tourism sectors. It operates as part of Portugal's national promotional bank, BPF Group, with a mandate to foster innovation and economic activity within the country.

Portugal Ventures addresses a critical funding gap for very young companies, enabling promising research and development to transition into viable businesses and contribute to Portugal's economic growth.

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