Índico Capital Partners Launches €125M Fund for Southern European Tech
November 29, 2025, 3:32 pm
Índico Capital Partners launches a new €125M fund. The fund, Indico VC Fund III, will target early-stage tech companies. Focus areas include Portugal, Spain, and Italy. EIF commits €30M as anchor investor. The fund eyes SaaS, AI, Deep Tech, SpaceTech, and OceanTech.
Lisbon, Portugal – Índico Capital Partners has launched Indico VC Fund III. The fund targets €125 million. It aims to invest in early-stage tech companies in Southern Europe.
The European Investment Fund (EIF) is a key backer. They committed €30 million. This shows strong confidence in Índico.
Indico VC Fund III will focus on Portugal, Spain, and Italy. It will also consider companies from these countries in the US and UK.
The fund targets Seed to Series B stages. It will emphasize enterprise SaaS and AI. Deep Tech, SpaceTech, and OceanTech are also key areas.
Stephan de Moraes leads Índico. He highlighted the EIF's commitment. It builds on their support in previous funds. This reflects trust in Índico's approach. They aim to support top teams. They want to build global leaders.
"We are strategically positioned," de Moraes said. He emphasized leveraging regional talent. The goal is to bring them into the global spotlight. "We are shaping the next wave." They want to boost European tech leadership.
The EIF investment aligns with the EIB Group's strategy. They want to promote tech innovation and digitalization. This is outlined in their roadmap.
The investment is supported by InvestEU. It aims to mobilize €372 billion by 2027. Portugal Blue also supports the fund. This strengthens Portugal's blue economy.
The fund launch coincides with a rise in European VC activity. Deep Tech, AI, and software are seeing increased investment.
Other funds also reflect this trend. Armilar focuses on Iberia. Future Energy Ventures targets CleanTech across Europe. Índico is well-positioned to capitalize.
Founded in 2017, Índico is an independent VC fund manager. They invest in global and sustainable tech companies. These companies have ties to Southern Europe.
Their investments span various sectors. This includes Deep Tech, SaaS, and marketplaces. They also invest in AI, SpaceTech, FinTech, cybersecurity, and OceanTech.
Índico typically invests between €500k and €10 million. They target startups in Portugal, Spain, and Italy.
Marjut Falkstedt, EIF Chief Executive, commented on the partnership. "We are excited to support innovators." She highlighted the ecosystem in Portugal, Spain, and Italy. The EIF will support companies in AI, Deep Tech, and the blue economy.
Índico Capital Partners manages over €240 million. This is across five funds. They have supported 53 companies. These companies have raised over €2.5 billion.
The new fund underscores a commitment. Índico is dedicated to fostering innovation. They are focused on Southern Europe and its diaspora.
Venture Capital, Índico Capital Partners, European Investment Fund, EIF, Portugal, Spain, Italy, Deep Tech, AI, SaaS, SpaceTech, OceanTech, Seed Funding, Series B, Startups, Investment, Funding, Innovation, European Tech, Technology, Finance
This article provides comprehensive coverage. It focuses on the launch of Índico Capital Partners' new fund. It is optimized for search engines. It targets relevant keywords. It will attract readers interested in European tech investment. It will also attract readers interested in venture capital. The focus on Southern Europe makes it unique.
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Índico Capital Partners Launches €125M Fund for Southern European Tech
Lisbon, Portugal – Índico Capital Partners has launched Indico VC Fund III. The fund targets €125 million. It aims to invest in early-stage tech companies in Southern Europe.
The European Investment Fund (EIF) is a key backer. They committed €30 million. This shows strong confidence in Índico.
Focus on Innovation
Indico VC Fund III will focus on Portugal, Spain, and Italy. It will also consider companies from these countries in the US and UK.
The fund targets Seed to Series B stages. It will emphasize enterprise SaaS and AI. Deep Tech, SpaceTech, and OceanTech are also key areas.
Strategic Investment
Stephan de Moraes leads Índico. He highlighted the EIF's commitment. It builds on their support in previous funds. This reflects trust in Índico's approach. They aim to support top teams. They want to build global leaders.
"We are strategically positioned," de Moraes said. He emphasized leveraging regional talent. The goal is to bring them into the global spotlight. "We are shaping the next wave." They want to boost European tech leadership.
EIF's Role
The EIF investment aligns with the EIB Group's strategy. They want to promote tech innovation and digitalization. This is outlined in their roadmap.
The investment is supported by InvestEU. It aims to mobilize €372 billion by 2027. Portugal Blue also supports the fund. This strengthens Portugal's blue economy.
Broader European Trend
The fund launch coincides with a rise in European VC activity. Deep Tech, AI, and software are seeing increased investment.
Other funds also reflect this trend. Armilar focuses on Iberia. Future Energy Ventures targets CleanTech across Europe. Índico is well-positioned to capitalize.
About Índico Capital Partners
Founded in 2017, Índico is an independent VC fund manager. They invest in global and sustainable tech companies. These companies have ties to Southern Europe.
Their investments span various sectors. This includes Deep Tech, SaaS, and marketplaces. They also invest in AI, SpaceTech, FinTech, cybersecurity, and OceanTech.
Investment Range
Índico typically invests between €500k and €10 million. They target startups in Portugal, Spain, and Italy.
EIF's Perspective
Marjut Falkstedt, EIF Chief Executive, commented on the partnership. "We are excited to support innovators." She highlighted the ecosystem in Portugal, Spain, and Italy. The EIF will support companies in AI, Deep Tech, and the blue economy.
Previous Success
Índico Capital Partners manages over €240 million. This is across five funds. They have supported 53 companies. These companies have raised over €2.5 billion.
Focus on Southern Europe
The new fund underscores a commitment. Índico is dedicated to fostering innovation. They are focused on Southern Europe and its diaspora.
Keywords
Venture Capital, Índico Capital Partners, European Investment Fund, EIF, Portugal, Spain, Italy, Deep Tech, AI, SaaS, SpaceTech, OceanTech, Seed Funding, Series B, Startups, Investment, Funding, Innovation, European Tech, Technology, Finance
Optimized for Search
This article provides comprehensive coverage. It focuses on the launch of Índico Capital Partners' new fund. It is optimized for search engines. It targets relevant keywords. It will attract readers interested in European tech investment. It will also attract readers interested in venture capital. The focus on Southern Europe makes it unique.
"