Portugal Ventures with third best investment result ever

Last year was the third best year ever for investment for Portugal Ventures.

Between investments in new startups and capital injections into the companies in its pre-existing portfolios, the Portuguese State venture capital company invested a total of €18.6 million according to information revealed on Tuesday.
The investment increased by 43.7% compared to 2021. Only in 2015 and 2020 did Portugal Ventures make larger investments: €31 million in 2015, and €19.06 million in 2020 according to the news source ECO based on Portugal Venture’s data base.
In 2022 the company headed by Rui Ferreira invested €8.8 million in 17 new startups and undertook 25 capital injection operations in companies that were already in its portfolio worth €9.8 million.
The company also took part in 15 co-investment operations with its capital investment partners in a total of €57.6 million.
In the last quarter, six new companies have joined Portugal Ventures portfolio: Cell4Food, GovWise, Kendir Studios, Topo Tents, Unlock Boutique Hotels, and Bhout.