Portugal Venture Capital Funds
Aggregated stats for 8 active funds
Avg. Target Return
13.5% p.a.
Based on 8 funds with disclosed returns
Avg. Min Investment
€150K
7 Golden Visa eligible
Typical Lock-up
Not disclosed
Most common period across funds
8 funds in Venture Capital category
A CMVM-regulated, VC fund with privileged access to the best European high-growth startups and corporates. Offers an option to qualify for IFICI tax regime (NHR 2.0).
A closed-end venture capital fund focused on prime asset-backed opportunities in Portugal's real economy, including real estate development, tourism infrastructure, and renewable energy.
A closed-end venture capital sub-fund of the Global Insight Fund focused on sustainable investments in marine economy, water management, renewable energy, digitalisation, recycling, mobility, and health-related innovation, with mandatory allocation to Portuguese companies.
A closed-end venture capital fund focusing on digital economy and technology-driven businesses with high scalability potential, particularly in Portugal.
The IMGA Futurum Tech Fund is a specialised Venture Capital Fund (FCR) regulated by the CMVM and domiciled in Portugal. The fund targets high-growth technology companies in the "Atlantic Corridor" through a strategic partnership between IM Gestão de Ativos (IMGA), Portugal's largest independent asset manager, and Futurum Capital. It offers investors a Golden Visa–eligible route (Capital Transfer) with zero real estate exposure, focusing on scalable startups bridging the Brazilian and Portuguese ecosystems.
The IMGA Silver Domus Fund is a closed-end venture capital vehicle focused on Portugal’s fast-growing Senior Living sector. It invests in assisted living, continuing care, home-care operators, and specialised senior facilities, targeting value-add opportunities supported by long-term demographic demand. The fund aims for stable, inflation-linked returns through a mix of operating partnerships and strategic expansion across Portugal.
PEEIF II is a closed-ended venture capital fund focused on financing Portugal’s energy transition through renewable energy production, industrial energy efficiency projects, and clean-technology infrastructure. Managed by Quadrantis Capital and regulated by the CMVM, the fund is structured to qualify under Portugal’s investment fund framework for the Golden Visa program after 2023, with no direct or indirect real estate exposure.
A closed-end venture capital fund managed by Insight Venture, investing in innovative and sustainable projects across Portugal with a focus on value creation and long-term capital growth.
Frequently Asked Questions about Venture Capital Portugal Golden Visa Investment Funds
Are Venture Capital funds safe?
Venture Capital funds carry higher risk due to early-stage investments and market volatility. They target high-growth opportunities but can experience significant fluctuations. Suitable for investors with higher risk tolerance seeking capital appreciation.
What is the average return for Venture Capital funds?
Based on disclosed data from 8 active venture capital funds, the average target return is approximately 13.5% per annum. However, individual fund returns vary significantly based on strategy, risk profile, and market conditions. Always review each fund's specific performance targets, historical track record, and risk factors before investing.
How many Venture Capital funds are Golden Visa eligible?
Currently, 7 of the 8 venture capital funds in our directory are explicitly tagged as Golden Visa Eligible. These funds have been verified to meet Portugal's Golden Visa investment criteria, including CMVM regulation, minimum investment thresholds, and qualification requirements. Review each fund's eligibility documentation and consult with legal advisors to confirm Golden Visa qualification for your specific circumstances.