LC Ventures
Lisbon VC founded 2015; invests at pre-seed and seed in software-only tech companies founded in or with a subsidiary in Portugal; €50M+ under management across four funds and two vehicles.
- HEADQUARTERS
- Lisbon, Portugal
- FOUNDED
- 2015
- AUM
- €50M (2026)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 6 people
FOCUS
- STAGES
- Pre-SeedSeed
- SECTORS
- Software & SaaS
- ASSET MIX
- Venture capitalDirect investments
- GEOGRAPHY
- Portugal
WHAT IT IS
VC Fund. A fund manager investing capital raised from limited partners into startups.
- €9.4M fund for startups with relevant operations in Portugal (North, Centre, Lisbon, Alentejo); 47% participated by BPF
- €5M investment vehicle, 100% private
- €1.2M pre-seed/seed vehicle for tech companies in the North, Centre and Alentejo, 65% supported by BPF
- €5M fund for Portuguese startups with significant R&D activity
- €10M fund for early-stage startups
- €20M fund for renewable energy, sustainable tourism and community management
ABOUT
LC Ventures is a Lisbon-based venture capital firm founded in 2015 that invests at pre-seed and seed stages in technology companies, focusing on software-only solutions founded in, or with a subsidiary in, Portugal. It reports more than €50M under management and 50+ portfolio companies, split across four funds and two investment vehicles, several co-financed by Banco Português de Fomento with EU (ERDF/Compete 2020 and regional programme) support. Its portfolio page lists companies such as Coverflex, Didimo, Cleanwatts, Landing Jobs and Primetag, and exits including Seedrs and Sizebay.
INVESTMENT THESIS
Partner with forward-looking founders at pre-seed and seed, adding strategic and operational know-how and an industry network; software-only solutions; projects assessed on growth levels, investment stage and innovation magnitude.
PORTFOLIO (12)
- CoverflexNOTABLEFintech
- DidimoNOTABLESoftware & SaaS
- Landing JobsNOTABLESoftware & SaaS
- SeedrsNOTABLEFintech · Exited
- Climate & Energy
- Software & SaaS
- Software & SaaS
- Software & SaaS
- Food & Agriculture
- Media & Entertainment
- Software & SaaS · Exited
- Artificial Intelligence · Exited
TEAM
LINKS
FAQ
LC Ventures is a VC fund based in Lisbon, Portugal, founded in 2015.
Yes. LC Ventures invests directly in private companies.
LC Ventures invests at Pre-Seed and Seed stages in Software & SaaS.
Key people at LC Ventures include Pedro Falcão (Managing Partner), Marco Soares (Managing Partner), Fernanda Tovar (Compliance Officer) and Frederico Couceiro (Investment Analyst).
LC Ventures's investments include Coverflex, Didimo, Landing Jobs, Seedrs, Cleanwatts, Primetag, Homeit and Climber RMS, among others.
The most recent publicly reported investment by LC Ventures is Lyzer (Follow-on (€10M round, existing investor)), announced in Jul 2025.
LC Ventures states that it accepts submissions through its official contact page.
Yes. LC Ventures manages capital from outside investors.