Indico Capital Partners
Indico Capital Partners is a venture capital firm based in Lisbon, Portugal, focused on Pre-Seed to Late Stage startups in Artificial Intelligence, SaaS & Enterprise, and Hardware & Deep Tech. This profile covers its focus and how founders can get in front of it in 2026.
- Investment focus
- Artificial IntelligenceSaaS & EnterpriseHardware & Deep TechSpace & AerospaceClimate & EnergyFintech
- Investment stages
- Pre-SeedSeedSeries ASeries BLate Stage
- Location
- Lisbon, Portugal
- Team size
- 11-50
- Portfolio companies
- 59+
- Latest deal on record
- July 2026
About Indico Capital Partners
Indico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies. Indico focuses on software as a service, artificial intelligence, internet of things, fintech, cybersecurity and digital companies, targeting investments at Seed to Series A level. Founded in 2017, the team at Indico were previously behind the majority of the Portuguese global tech success stories, as investors and entrepreneurs.
Headed by the two most senior former Caixa Capital VC Team members, supported by a successful and experienced entrepreneur and a strong group of advisors, top entrepreneurs, they raised our first fund (authorized by the Portuguese Securities Market Commission - CMVM) from a cornerstone institutional investor (EIF) and international family/multi-family offices from Europe, US, and Australia. In addition to Silicon Valley, London, and Berlin, cities like Lisbon have emerging startup ecosystems. Portugal went through a difficult macro environment years ago which led to a growth in the entrepreneurship culture and investment. We have excellent tech graduates and a global mindset.
Source: the organization's public company profile.
How to pitch Indico Capital Partners
The founders who hear back from Indico Capital Partners lead with traction and a clear ask that matches its stage, not a generic mass email. Build a targeted, verified list, write a personalized note, and track who opens it, all in one place.
Connect with Indico Capital Partners
About this profile
This profile is part of Round Funded, an investor database and outreach platform for founders. It covers 60,000+ active VCs, angels, family offices and accelerators with verified contacts, lets you send pitches from your own Gmail, and includes a free Data Room for your raise. How this data is built.
Cite this page
Round Funded. "Indico Capital Partners." Round Funded investor database, updated October 19, 2026.
Stable URL, it will not change: https://www.roundfunded.com/en/vc/indico-capital-partners
Frequently Asked Questions
What does Indico Capital Partners invest in?
Indico Capital Partners focuses on Artificial Intelligence, SaaS & Enterprise, Hardware & Deep Tech, and Space & Aerospace. Match your sector and stage before reaching out, then find similar active investors on Round Funded.
What stage does Indico Capital Partners invest at?
Indico Capital Partners focuses on Pre-Seed to Late Stage rounds. Lead with traction that fits the stage when you reach out.
Is Indico Capital Partners actively investing?
Yes. Round Funded's research found that Indico Capital Partners has made a new investment or run a new cohort since 2024, and its latest deal on record is from July 2026. Reach out with a personalized pitch that fits its stage and focus, then track who opens it.
Where is Indico Capital Partners based?
Indico Capital Partners is based in Lisbon, Portugal. You can reach out from anywhere with a pitch that matches its focus.
How do I contact Indico Capital Partners?
Unlock a verified email for Indico Capital Partners and reach out with a personalized pitch on Round Funded. We show only deliverable contacts, so your outreach does not bounce.
What is Round Funded?
Round Funded is an investor database and outreach platform for startup founders. It lists 60,000+ active investors with verified contacts, filtered to recent investment activity, and lets founders send personalized pitches from their own Gmail, track replies, and share a free Data Room. Round+ starts at $99 per month with a 3-day trial.