Portuguese Technology

We back real businesses, not slides. Revenue-generating companies with proven traction and clear paths to scale.

Our Investment Thesis

Operator-led due diligence focused on fundamentals

Revenue First

We prioritize companies with paying customers over those with just ideas

Unit Economics

Clear understanding of customer acquisition costs and lifetime value

Portuguese Connection

Founded by Portuguese entrepreneurs or with significant Portugal operations

Scalable Business Model

Technology and team capable of reaching €100M+ market opportunity

Focus Areas

Sectors where we have deep operator experience

B2B SaaS

Software companies with proof of revenue and enterprise logos

Investment Criteria:

€10K+ Monthly Recurring Revenue
Churn rate understood and improving
Repeatable sales motion with clear CAC payback
Enterprise customer logos and case studies

Example Areas:

HR techSales automationFinancial planning toolsLogistics software

Data & AI

Automation platforms with clear unit economics and defensible IP

Investment Criteria:

Commercial pilots with paying customers
Clear value proposition and ROI metrics
Defensible technology or data moats
Experienced technical team

Example Areas:

Process automationPredictive analyticsComputer visionNLP platforms

Fintech & Climate

Solutions addressing regulated or "must-have" market problems

Investment Criteria:

Regulatory compliance understood
Clear path to revenue and scale
Strong team with domain expertise
Addressable market validation

Example Areas:

Payment solutionsRegTechCarbon trackingEnergy management

Deep Tech

Hardware and deep technology with commercial applications

Investment Criteria:

Working prototypes or commercial pilots
IP protection strategy in place
Clear path to manufacturing/scaling
Experienced technical and business team

Example Areas:

IoT devicesRoboticsAdvanced materialsQuantum applications

Deal Filters

What we look for in every technology investment

€10K+ MRR with growth trajectory

Churn understood and addressable

Sales motion proven and repeatable

Path to profitability within 18-24 months

Strong founding team with relevant experience

Portuguese founders or significant Portugal operations

€15M+
Invested in Portuguese Tech
32
Technology Companies
18%
Average IRR
€25K
Average Check Size

Building Portugal's Tech Future

Join experienced operators investing in the next generation of Portuguese technology companies