Profile
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, blockchain, internet of things, fintech, cybersecurity and digital companies, targeting primarily 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.
Industry
Indico Capital Partners Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Indico Acceleration Fund I
|
Venture Capital (VC)
|
E-commerce/Marketplace
SaaS
Software
AI
Technology
Web3
|
Pre-seed
Seed
Series A
|
Europe
|
$5-10 m
|
$12 M
|
January 2020
|
|
Indico VC Fund I
|
Venture Capital (VC)
|
E-commerce/Marketplace
SaaS
Software
Blockchain/Crypto
AI
Technology
Cybersecurity
Mobility
Web3
|
Pre-seed
Seed
Series A
|
Europe
|
$5-10 m
|
$58 M
|
March 2020
|
|
Indico Blue Fund
|
Venture Capital (VC)
|
E-commerce/Marketplace
SaaS
Security
Software
Blockchain/Crypto
AI
Technology
Web3
|
Pre-seed
Seed
Series A
|
Europe
|
$5-10 m
|
$54 M
|
January 2022
|
|
Indico VC Fund II
|
Venture Capital (VC)
|
E-commerce/Marketplace
Fintech
SaaS
Security
Software
Blockchain/Crypto
AI
Technology
Web3
|
Pre-seed
Seed
Series A
|
Europe
|
$5-10 m
|
$109 M
|
October 2023
|
|
Indico VC Fund III
|
Venture Capital (VC)
|
Financial Services
Fintech
Food and Beverage
Software
|
Pre-seed
Seed
|
Europe
|
$5-10 m
|
$33 M
|
November 2025
|
Contacts
Name
Title
Email
Social Networks
Investment-team contacts for Indico Capital Partners — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
FAQs about Indico Capital Partners
Is Indico Capital Partners a venture capital or private equity firm?
Indico Capital Partners is a venture capital firm. It backs companies at Seed, writing tickets of $5-10 m.
Where is Indico Capital Partners located?
Indico Capital Partners is located in Lisboa, Lisbon, Portugal.
When was Indico Capital Partners founded?
Indico Capital Partners was founded in 2017.
What sectors and industries does Indico Capital Partners invest in?
Indico Capital Partners invests in companies and startups in Financial Services, Fintech, Food and Beverage, Foodtech, Healthcare Services, Marketing and Advertising, Media and Entertainment, Other, Real Estate, Software, Transportation, Music, HealthTech, E-commerce/Marketplace, SaaS, AI, Technology, Web3, Blockchain/Crypto, Cybersecurity, Mobility, Security.
What is Indico Capital Partners geographical focus of investments?
Indico Capital Partners invests in companies and startups in North America, Europe.
At what stages of companies and startups does Indico Capital Partners typically invest in?
Indico Capital Partners invests in companies and startups at Seed.
What is the usual amount of Indico Capital Partners investment?
Indico Capital Partners usually invests $5-10 m on average.
What is the amount of assets of under management (AUM) for Indico Capital Partners?
Indico Capital Partners has around $279m assets under management.
When was Indico Capital Partners last fund created?
Indico Capital Partners last fund was created/launched in 2025-11-28
What are the contacts of Indico Capital Partners?
Indico Capital Partners can be reached through its website indicocapital.com, its LinkedIn page and its X account. Its general enquiries address is info@indicocapital.com. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Indico Capital Partners — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Can I access Indico Capital Partners data via API or MCP?
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Indico Capital Partners directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
When was the Indico Capital Partners profile last updated?
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 27 May, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.