Investor Lists

Incubators and accelerators based in Portugal

Updated 7 November 2026

Incubators and accelerators headquartered in Portugal.

10investors on the listNo change this week
9cheques in 12 monthsToo few cheques to tell
$2.6Mmedian round they joined-68% against the market median
10%wrote a cheque in 12 months
10%have led a round

The Top 10

Ordered by cheques observed, never by anything anyone paid for

Deploying now (1)

  1. 1Indico Capital PartnersDeploying nowAccelerator · Portugal51$5.1Mmedian roundNov 2026last seen
  2. 2SOUL FIquietAccelerator · Portugal1$83Kmedian roundJul 2015last seen
  3. 3ASA AcceleratorunknownAccelerator · Portugalnone observed-median round-last seen
  4. 4Build Up LabsunknownAccelerator · Portugalnone observed-median round-last seen
  5. 5Building Global InnovatorsunknownAccelerator · Portugalnone observed-median round-last seen
  6. 6HypernovaunknownAccelerator · Portugalnone observed-median round-last seen
  7. 7Startup BragaunknownAccelerator · Portugalnone observed-median round-last seen
  8. 8Venture Planet - Creating CompaniesunknownAccelerator · Portugalnone observed-median round-last seen
  9. 9Zero GravityunknownAccelerator · Portugalnone observed-median round-last seen
  10. 10Startup LisboaunknownAccelerator · Portugalnone observed-median round-last seen

Quick answers about incubators and accelerators based in Portugal

Who are the most active incubators and accelerators based in Portugal?

By cheques observed, the most active are Indico Capital Partners, SOUL FI, ASA Accelerator, Build Up Labs and Building Global Innovators.

How many incubators and accelerators based in Portugal are there?

10 are on record. 10% made an investment in the last 12 months and 10% have led a round.

Which stages do incubators and accelerators based in Portugal back?

Of the rounds with a named stage in the last 12 months, mostly Series D+ (50%) and Seed (33%).

Which sectors do incubators and accelerators based in Portugal back most?

In the last 12 months, mostly AI, Construction and B2B.

What have incubators and accelerators based in Portugal invested in recently?

Recent rounds include Bizay (Series D+, Nov 2026, with Indico Capital Partners), Beyond Vision (Series A, Oct 2026, with Indico Capital Partners) and Cascade (Seed, Jul 2026, with Indico Capital Partners).

How is this list of incubators and accelerators based in Portugal ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. How we count · Report a correction