Tejo Ventures
Tejo Ventures is an investment firm focused on backing businesses with strong fundamentals and long-term growth potential. Operating from Portugal, the firm takes a disciplined, selective approach to capital deployment, working closely with management teams to support sustainable value creation.
About Tejo Ventures
Tejo Ventures is a Portugal-based investment firm built around a pragmatic, research-driven approach to capital allocation. Rather than pursuing volume or rapid expansion, the firm concentrates on carefully chosen opportunities where strong fundamentals, capable leadership, and clear growth drivers intersect. This measured philosophy allows Tejo Ventures to remain highly selective and deeply engaged in each investment it undertakes.
Open Opportunities
Currently accepting new investments
Solar Future Fund
Portugal Golden Visa–eligible climate fund investing in solar energy-as-a-service projects and battery storage, with expedited onboarding support and community integration, managed under CMVM regulation.
Key Highlights
Selective Capital Deployment Model
Tejo Ventures is structured to operate without pressure for rapid capital deployment, allowing the firm to invest only when opportunities meet strict internal thresholds rather than external timelines.
Flexible Investment Structuring
The firm is capable of adapting deal structures to fit the specific needs of each opportunity, including minority positions, staged investments, or bespoke governance arrangements.
Portugal-Centric Entry With Broader Reach
While anchored in Portugal, Tejo Ventures evaluates opportunities with cross-border relevance, particularly where local businesses can scale beyond domestic markets.
Hands-On Strategic Oversight Without Operational Control
Tejo Ventures engages at a strategic level, supporting key decisions and long-term planning, without imposing day-to-day operational management on portfolio companies.
Emphasis on Governance Readiness
A core focus during evaluation is a company’s governance maturity, including reporting discipline, decision frameworks, and alignment among stakeholders.
Risk-First Investment Screening
Rather than leading with upside projections, the firm prioritises downside analysis, stress-testing business models against adverse market and operational scenarios.
Concentrated Portfolio Philosophy
Tejo Ventures favors a smaller number of high-conviction investments over broad diversification, enabling deeper involvement and clearer accountability.
Long-Term Alignment Over Exit Timelines
The firm does not operate with rigid exit horizons, allowing investments to mature naturally based on business performance rather than predetermined schedules.
Team
Chessel Christiana Magat is Partnerships Manager at Tejo Ventures, supporting strategic relationships and business development across the firm’s...
Julian Johnson is Co-Founder and General Partner at Tejo Ventures, where he leads renewable energy investments structured for Portugal’s Golden Visa...
Manuel A. is a renewable energy founder, university professor, and senior energy consultant with over 20 years’ experience in the Iberian power...
Ryan Hamilton is an Advisor to the Board at Tejo Ventures and Managing Partner at Inception Financial. He brings 20 years of strategy, operations,...
Yann Rey is a Partner at Tejo Ventures, where he focuses on investment strategy and portfolio development across Golden Visa–eligible assets. With a...
Frequently Asked Questions
Tejo Ventures is best suited for businesses that already demonstrate operational stability and clear economic logic, rather than early-stage concepts still searching for product–market fit.
The firm is open to both solo investments and co-investments, depending on deal structure, alignment among partners, and the complexity of the opportunity.
The firm does not limit itself to a single sector; instead, it prioritises business quality, execution capability, and structural resilience across industries.
Post-investment involvement is tailored to the company’s needs and may vary over time, increasing during critical phases and stepping back when systems and leadership are well established.
Board participation is evaluated on a case-by-case basis and is not a fixed requirement, depending on governance needs and existing leadership structures.
Investment decisions are not bound to rigid timelines; the process progresses according to the complexity of due diligence and the readiness of the opportunity.
Yes. Founder-led companies are considered, particularly when founders demonstrate long-term commitment, financial discipline, and openness to structured growth.
Follow-on investments are evaluated based on performance milestones and strategic relevance rather than automatic capital allocation.
Tejo Ventures evaluates opportunities with international stakeholders when there is a clear operational or strategic link to Portugal or the broader European market.
All evaluations are handled with strict confidentiality, and sensitive information is shared only after appropriate protections and mutual understanding are in place.
Contact & Regulatory Information
Contact Details
Get in Touch with Tejo Ventures
Contact the fund manager team. They will respond within 24-48 hours.