LC Ventures seeks to partner with forward-looking founders exploring innovative ideas.

Founded in 2015, LC Ventures invests at pre-seed and seed stages in technology companies. LC Ventures investment in startups is followed by strategic and operational know-how as well as a carefully curated network of industry-leading players to help founders build their businesses. Our focus lays on software-only solutions.

With € 100M+ under management and 50+ portfolio companies, LC Ventures is emerging as one of the most active and hands-on VC firms in Portugal.

The investments to be made do not fall within the definition of 'Sustainable investment', provided for in Article 2(17) of Regulation (EU) 2019/2088 of the European Parliament and the Council of 27 November 2019, as the investments are aimed exclusively at their valuation potential and not at environmental objectives. The investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities. In this sense, sustainability risks are not integrated into the Collective Investment Undertaking's investment decisions, nor are their potential impacts on the financial product's performance assessed. It is also clarified, for the purposes of Articles 4(1)(b) and 6(1)(b) of the aforementioned regulation, that the reason for the adverse impacts of investment decisions on sustainability factors not to be taken into account, nor to be intended to be taken into account, insofar as, currently, the publicly available information on sustainability is not sufficiently rigorous, unified and comparable to allow a correct assessment of the adverse impacts of investment decisions on sustainability factors, making it difficult to define consistent sustainability indicators and determine ways of measuring them.

Our capital is split in five funds and two investment vehicles:

Fundo de Capital de Risco Fechado LC Ventures I is a 14.9M€ fund targeting startups with relevant operations in Portugal, namely in the North, Centre, Lisbon, and Alentejo regions, and is participated in 47% by BPF;

LC Ventures II is a 5M€ investment vehicle, 100% private;

LC Ventures III is a 1.2M€ investment vehicle for pre-seed and seed investments in innovative tech companies that either have their headquarters or a subsidiary in the North, Centre and Alentejo regions of Portugal, with 65% support by BPF;

Lean Innovation Fundo de Capital de Risco Fechado is a 5M€ fund for Portuguese startups that have significant R&D activity;

ANGELS - Fundo de Capital de Risco Fechado is a 10.5M€ fund for early stage startups.

Capitalis Partners Opportunities Fund - Fundo de Capital de Risco Fechado is a 50M€ fund focused on midcap companies in the late venture or growth stages.

One Planet – Innovative Climate and Community Projects, Fundo de Capital de Risco Fechado is a 20M€ fund for innovative companies and projects in the areas of renewable energy, sustainable tourism and community management.