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Indico VC Fund III

Índico Capital Partners

VC$143M

Fund Size

$143M

Check Size

$0.5M$10.0M

Location

🇵🇹Portugal

Investment Thesis

Focus on innovative technology companies originating from Portugal, Spain and Italy, and their diaspora, aiming to build global category leaders.

About Indico VC Fund III

Índico Capital Partners manages Indico VC Fund III, a venture capital fund that targets innovative technology companies originating in or connected to Southern Europe, with a particular focus on Portugal, Spain, and Italy. The fund emphasizes enterprise SaaS, artificial intelligence, deep tech, and select frontier sectors such as spacetech and oceantech, investing from Seed through Series B stages.

Sectors

Enterprise SoftwareAI InfrastructureSpace TechMarketplacesFintech

Stages

seedSeries ASeries B

Geographic focus

PortugalSpainItalyUnited StatesUnited Kingdom

Verified 29 March 2026 · Sources: company website, Fusion42 review

Frequently asked questions

What does Indico VC Fund III invest in?
Indico VC Fund III invests in Enterprise Software, AI Infrastructure, Space Tech, Marketplaces and Fintech at the seed, series-a and series-b stages.
Which geographies does Indico VC Fund III focus on?
Indico VC Fund III focuses on Portugal, Spain, Italy, United States and United Kingdom, and is headquartered in Portugal.
What is Indico VC Fund III's typical check size?
Indico VC Fund III typically writes checks of $0.5M to $10M.