Venture capital firm

Indico Capital Partners

Venture investor backing Portuguese and Spanish technology and sustainability companies from seed to Series A

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Portugal
Cybersecurity
Internet
Digital
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TrustList summary

Indico Capital Partners is a venture capital firm that invests in technology and sustainable businesses from Portugal and Spain. It often becomes a startup's first investor and aims to help companies move from a local market to a global one.

Products and services

Seed to Series A investment: early funding for promising companies in its two home markets.
Sector funds: it has invested in artificial intelligence and in the blue economy.
Opportunity fund: a further fund it has launched to make additional investments.
Investor access: a route for outside investors who want to put money into its funds.

Who it serves

Portuguese and Spanish startups, particularly those in technology and sustainability with global potential.

Key facts

Region: Portugal and Spain
Stage: seed to Series A
Media: runs a podcast called The Red Chair

Summary written by TrustList from the business's own published information, Oct 2026.

Gallery

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Rankings

Indico Capital Partners is ranked on 5 TrustList rankings: #20 on 1, #33 on 1, #41 on 1, #45 on 1 and #46 on 1.

Every ranking orders its listings by their reviews, how complete the profile is and the Trust Score. Indico Capital Partners has no reviews yet and 3 of the 10 profile details we look for. Where no listing on a page has been reviewed, the order follows the profiles alone.

Venture capital firm · 5 rankings

#20of 32
Madrid
It is the only one of the 32 here listing cybersecurity and fintech.
Of the 32 here, 4 also cover internet and 4 also cover partners; 14 also work in London and 11 also work in New York City.
Behind Harbert Growth Partners, ahead of Inveready Technology Investment Group.
#33of 72
Saas investors
It is the only one of the top 61 here listing tax and one of 2 here listing education.
Of the top 61 here, 21 also cover artificial intelligence and 19 also cover seed stage; 9 also work in San Francisco and 9 also work in Silicon Valley.
Behind HPE Growth, ahead of Johnson Venture Partners.
#41of 73
Deep tech investors
It is the only one of the top 65 here listing internet and one of 5 here listing series b.
Of the top 65 here, 21 also cover pre seed and 20 also cover series a; 4 also work in Zürich and 3 also work in Munich.
Behind Incubit Technology Ventures, ahead of Interplay Ventures.
#45of 80
Fintech investors
It is one of 7 here listing series and one of 8 here listing deep tech.
Of the top 66 here, 14 also cover SaaS; 5 also work in Toronto.
Behind Iliad Partners, ahead of Inflection Point Ventures.
#46of 91
Series b
It is one of 6 here listing SaaS and one of 10 here listing growth stage.
Of the top 71 here, 42 also cover series and 13 also cover early stage; 5 also work in Europe and 4 also work in Miami.
Behind IA Capital Group, ahead of InFocus Capital Partners.