Venture Capital Firms in Portugal

a16z speedrun is an intensive 12-week accelerator program launched by Andreessen Horowitz in 2023, designed to support early-stage founders globally. The program invests up to $1 million in new startups, primarily at the pre-seed and seed stages, with a focus on helping them achieve product-market fit rapidly. It provides direct investment, extensive fundraising support, and connections to a vast network of external investors.The program was established in 2023 by Andreessen Horowitz, a prominent American venture capital firm founded by Marc Andreessen and Ben Horowitz in 2009. Initially, a16z speedrun focused on pre-seed gaming startups, drawing its name from the gaming term "speedrunning" to reflect its emphasis on rapid development. The firm later expanded its scope to encompass a broader range of technology and entertainment startups, including those in AI and creative industries, while maintaining its core ethos of fostering innovation and accelerating growth.Since its inception, a16z speedrun has rapidly scaled, deploying over $180 million to fund more than 150 startups. Notable portfolio companies mentioned include Sekai, Fundamental Research Labs, and k-ID, all of whom have lauded the program's impact on their growth, from securing talent and early design partners to strategic guidance and successful fundraising rounds. The program culminates in a Demo Day, where founders present to a large audience of investors.The a16z speedrun program offers comprehensive coaching and mentorship, including 1:1 sessions with industry leaders and the a16z speedrun team. Key individuals involved include Jon Lai, an integral part of the speedrun team, and Andreessen Horowitz partners like Joshua Lu and Andrew Chen, who provide strategic guidance and mentorship. The program also leverages the broader expertise and network of Andreessen Horowitz, with founders Marc Andreessen and Ben Horowitz participating as speakers and mentors, offering unparalleled access to seasoned operators and a vast ecosystem of resources.

Armilar Venture Partners is a prominent European venture capital firm focused on early-stage investments in technology-driven companies. With a history of successful investments spanning over two decades, the firm partners with visionary entrepreneurs to bring innovative ideas to market and help scale disruptive businesses with global potential.The firm invests across multiple sectors including enterprise software, digital health, cleantech, and deep tech, placing strong emphasis on companies with proprietary technology and a scalable business model. Armilar provides not just capital, but also strategic guidance, operational expertise, and an extensive network to support growth.Headquartered in Lisbon, Portugal, Armilar maintains a European investment focus but targets startups with ambitions for international expansion. Its team is composed of experienced professionals with backgrounds in tech, finance, and entrepreneurship, making Armilar a valuable partner for founders building tomorrow’s technology leaders.

BlueCrow Capital is a Lisbon-headquartered venture capital and asset management firm founded in 2016. With approximately €610 million in assets under management, BlueCrow has established itself as one of the fastest-growing investment platforms in Portugal and Southern Europe. Its portfolio is highly diversified, with strong positions in robotics, medical technology, biotechnology, sustainable food systems, industrial innovation, and agriculture. The firm is known for embedding ESG principles deeply in its investment process, seeking to deliver both strong financial returns and measurable societal impact.BlueCrow partners closely with founders and management teams, providing not only growth capital but also operational guidance, strategic advice, and international network connections. Its team of around 15 professionals brings together expertise in finance, engineering, and entrepreneurship, giving the firm a multidisciplinary approach to value creation. The firm has successfully launched 16 investment vehicles, backing more than 25 companies and facilitating several profitable exits, which has bolstered its reputation among institutional and private investors alike.Headquartered at Avenida Duque de Ávila in Lisbon, BlueCrow also maintains partnerships across European innovation hubs, enabling cross-border investment strategies. Its long-term vision is to help create a sustainable and technology-driven economy in Portugal while integrating into the global venture capital ecosystem. With its combination of local expertise and international outlook, BlueCrow continues to attract significant capital inflows, reinforcing Lisbon’s emergence as a competitive European venture capital hub.

Tapestry VC is a venture capital firm dedicated to partnering with Repeat Founders on their next entrepreneurial journey, focusing on ideating and building the next generation of breakthrough companies. The firm emphasizes supporting technical and experienced entrepreneurs who aim to disrupt established industries. They invest across various verticals and geographies, with a particular interest in software-driven startups.Tapestry VC was founded in 2018 by Patrick Murphy, who serves as Co-Founder and Managing Partner, alongside co-founder David Kelly. The firm was previously known as Semble but rebranded to Tapestry VC after disassociating from Web Summit. They have rapidly grown their portfolio, making numerous investments in early-stage companies across the US and Europe.The firm boasts a notable portfolio of companies, including Nothing (consumer electronics), Ladder (digital fitness & wellness), Manna Air (consumer drone delivery infrastructure), Sunrise Robotics (AI robotics solutions), Maze (AI vulnerability detection & analysis), Fin AI (fully agentic AI customer communications), Hopin (platform for virtual gatherings & events), and Relay (neobank for North American SMEs). In August 2022, Tapestry VC raised over $50 million across two funds: a second fund for early-stage investments and an Opportunity Fund for follow-on investments in existing portfolio companies.The Tapestry VC team brings diverse expertise to their investments. Patrick Murphy, with a background in web development, mechanical engineering, and investment banking at Goldman Sachs, has spent over a decade as a Seed stage investor. Audrey Miller, a Managing Partner, joined in 2020 with experience as a startup operator and advising late-stage companies, having previously worked at Goldman Sachs. David Kelly, a Partner and co-founder, has a decade of experience in the European and international technology scene, building a vast network of influential tech founders. Robert Dobie, VP of Finance & Operations, is an experienced finance professional who previously managed investor reporting and fund finance at Seedcamp.