Indico Capital Partners
Overview
Indico Capital Partners is a venture capital firm that invests in technology and sustainable companies, primarily focusing on startups from Portugal, Spain, and Italy . Their investment sectors include Software as a Service (SaaS), marketplaces, Artificial Intelligence (AI), Internet of Things (IoT), fintech, cybersecurity, and Web3 . They typically invest from Pre-Seed to Series A stages, with amounts ranging from €100,000 to €10 million, and selectively participate in Series B and C rounds . Indico also has funds for climate action, particularly marine ecosystems, supporting companies with significant operations in Portugal .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Cascade | Jul 2026 | Seed | Co-investor |
| Cascade | Jul 2026 | Seed | Co-investor |
| Bizay | Jul 2026 | Series D | Lead |
| FOSSA Systems | Jun 2026 | Series B | Co-investor |
| Prepler | Jan 2026 | Series D | Co-investor |
Key People
Cristina Fonseca
General Partner
Ricardo Torgal
General Partner
André Almeida Santos
Partner
Rui Rodrigues
Partner
João Pedro Roque
Principal
Rui Jerónimo
Principal
Tomás Marchão Marques
Investment Team Venture Capital
Sofia Egídio
Partner General Counsel
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
