Development partner for founders building globally promising companies from Portugal, Spain, and Italy with focus on SaaS, AI, Deeptech, and sustainability
| Full Name | Indico Capital Partners |
| Investment Thesis | Development partner for founders building globally promising companies from Portugal, Spain, and Italy with focus on SaaS, AI, Deeptech, and sustainability |
| Headquarters | Lisbon, Portugal |
| Founded | 2017 |
| Team Size | 26 employees (11 on leadership team + 14 additional team members) |
| Founding Partners | Stephan de Moraes (Managing General Partner), Ricardo Torgal (General Partner and CFO), Cristina Fonseca (Venture Partner) |
| Investment Stage and Check Size | Pre-seed to Series A plus follow-on rounds; €150K to €5M investment per company |
| Legal Form/Entity | Portuguese Venture Capital Firm, authorized and supervised by Portuguese Securities Market Commission (CMVM), limited partnership structure |
| Primary Contact Email | investors@indicocapital.com |
| Fund Information | First fund €41M committed (€46M target, closed Jan 2019); €244M + €134M funds managed; €100M SIFIDE 2 Fund; €2.5B cumulative AUC |
| Portfolio Size | 55+ portfolio companies including Farfetch, Fever, Talkdesk, Vtex, Unbabel |
| Sector Focus | SaaS, AI, Deeptech, Spacetech, Healthtech, Oceantech, Fintech, Consumer, Blockchain |