# Investors in Portugal (2026 list) > 91 investors in Portugal, 88% active in the last 12 months. Led by Y Combinator, Techstars, General Catalyst. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-in-portugal (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors in Portugal Updated 7 November 2026 Firms observed in a round raised by a company in Portugal in the last two years, wherever the firm itself is based. What matters to a founder is who writes cheques into their market. [See all 91 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-portugal)The top 25 **91** investors on the list *-6* this week **3,231** cheques in 12 months *-20%* against the market **$4.8M** median round they joined *-39%* against the market median **88%** wrote a cheque in 12 months **55%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen - 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen - 3 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen - 4 [Wayra](https://millionrounds.com/fund/wayra) *Deploying now* Corporate VC · Germany **1,160** **$2M** median round **Sept 2026** last seen - 5 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen - 6 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen - 7 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen - 8 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen - 9 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen - 10 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen - 11 [Flybridge](https://millionrounds.com/fund/flybridge) *Deploying now* VC firm · United States **534** **$5M** median round **Sept 2026** last seen - 12 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) *Deploying now* VC firm · United States **526** **$4.1M** median round **Sept 2026** last seen - 13 [EISMEA](https://millionrounds.com/fund/eismea) *Deploying now* Investment firm **524** **$2.2M** median round **Sept 2026** last seen - 14 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **465** **$9.8M** median round **Nov 2026** last seen - 15 [GSR](https://millionrounds.com/fund/gsr) *Deploying now* VC firm · United Kingdom **453** **$6M** median round **Jun 2026** last seen - 16 [OrbiMed](https://millionrounds.com/fund/orbimed) *Deploying now* Private equity · United States **447** **$71M** median round **Oct 2026** last seen - 17 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen - 18 [Peak XV](https://millionrounds.com/fund/peak-xv) *Deploying now* VC firm · United States **317** **$15M** median round **Nov 2026** last seen - 19 [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) *Deploying now* VC firm · United States **292** **$75M** median round **Oct 2026** last seen - 20 [Quiet Capital](https://millionrounds.com/fund/quiet-capital) *Deploying now* VC firm · United States **283** **$17M** median round **Oct 2026** last seen - 21 [LocalGlobe](https://millionrounds.com/fund/localglobe) *Deploying now* VC firm · United Kingdom **269** **$12M** median round **Oct 2026** last seen - 22 [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) *Deploying now* Government · Luxembourg **246** **$37M** median round **Nov 2026** last seen - 23 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen - 24 [Venture Catalysts](https://millionrounds.com/fund/venture-catalysts-2) *Deploying now* VC firm · Portugal **210** **$1.4M** median round **Jun 2026** last seen - 25 [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) *Deploying now* Corporate VC · United States **199** **$25M** median round **Oct 2026** last seen **66 more on this list** All 91 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-portugal) ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Bizay](https://millionrounds.com/company/bizay)** Series D+ *Led by* [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) - **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [Coinbase Ventures](https://millionrounds.com/fund/coinbase) - **5** Nov **[Quint Computing](https://millionrounds.com/company/quint-computing)** Series A · $10M *With* [Faber](https://millionrounds.com/fund/faber) - **5** Nov **[VÆRIDION](https://millionrounds.com/company/v-ridion)** Series A · $34M *Led by* [SHIFT Invest](https://millionrounds.com/fund/shift-invest) - **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars) - **4** Nov **[Supa](https://millionrounds.com/company/supa)** Seed · $28M *With* [Heartfelt Capital](https://millionrounds.com/fund/heartfelt) ## Stages This Year 2,804 rounds - Venture **24%** - Seed **18%** - Series A **15%** - Pre-seed **12%** - Series B **7%** - Other **24%** ## What They Backed Sectors, last 12 months - AI **1,116** - Biotech **198** - Healthcare **176** - Fintech **156** - Big Data & Analytics **135** - Aerospace & Space **111** ## Cheques by Quarter Led Joined 1,057 Q1 25 1,069 Q2 25 1,140 Q3 25 1,113 Q4 25 1,031 Q1 26 934 Q2 26 655 Q3 26 170 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors in United States 5,827](https://millionrounds.com/lists/investors-in-united-states) - [Investors in United Kingdom 1,889](https://millionrounds.com/lists/investors-in-united-kingdom) - [Investors in Germany 898](https://millionrounds.com/lists/investors-in-germany) - [Investors in Canada 868](https://millionrounds.com/lists/investors-in-canada) - [Investors in Australia 853](https://millionrounds.com/lists/investors-in-australia) - [Investors in France 771](https://millionrounds.com/lists/investors-in-france) - [Investors in India 756](https://millionrounds.com/lists/investors-in-india) - [Investors in Brazil 584](https://millionrounds.com/lists/investors-in-brazil) - [Investors in Netherlands 569](https://millionrounds.com/lists/investors-in-netherlands) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors in Portugal ### Who are the most active investors in Portugal? By cheques observed, the most active are Y Combinator, Techstars, General Catalyst, Wayra and Khosla Ventures. ### How many investors in Portugal are there? 91 are on record. 88% made an investment in the last 12 months and 55% have led a round. ### Which stages do investors in Portugal back? Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (21%). ### How big are the rounds investors in Portugal join? The typical (median) round among the leading investors here is $6M. ### Which sectors do investors in Portugal back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which investors in Portugal lead the most rounds? General Catalyst (97 led), Khosla Ventures (57 led) and Founders Fund (42 led). ### Where are investors in Portugal based? Among the most active, most are based in the United States (16), the United Kingdom (3) and Germany (1). ### What have investors in Portugal invested in recently? Recent rounds include Bizay (Series D+, Nov 2026, with Indico Capital Partners), Soter Insure (Series B, Nov 2026, with Coinbase Ventures) and Quint Computing (Series A, Nov 2026, with Faber). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)