Indico Capital Partners raises €76 million for Indico VC Fund II

Odaily News Indico Capital Partners, an early-stage venture capital firm based in Lisbon, has raised €76 million and announced that the Bank of Portugal (BPF) has increased its investment commitment to Indico VC Fund II from €35 million to €50 million. It is understood that the fund is committed to supporting early-stage technology startups in the global market, with investments covering artificial intelligence, big data, enterprise SaaS, fintech, marketplaces, Web3, etc. Since 2019, Indico has invested €90 million in 49 companies, which have received a total of more than €1.9 billion in funds from global investors. Indico VC Fund II is committed to supporting early-stage technology startups. So far, the fund has completed 4 investments totaling €14.8 million.