Armilar Venture Partners Overview
Armilar Venture Partners is an independent venture capital firm based in Lisbon, Portugal, with over 25 years of experience in early-stage deep-tech investments. Managing approximately €300 million in assets, Armilar focuses on supporting technology-driven startups from inception to exit, emphasizing sectors such as AI, cybersecurity, automation, healthtech, and spacetech. The firm has a strong track record, including investments in companies like OutSystems, Feedzai, and Codacy. Armilar's latest fund, Fund IV, achieved a first close of over €120 million in November 2025, targeting Series A B2B startups across Portugal, Spain, and Europe.
Is Armilar Venture Partners the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Armilar Venture Partners, along with a list of other relevant VCs, is available on Hopohopo.io.
Armilar Venture Partners
Investment focus
Invest in
- Baltics
- Nordics
- Western Europe
- Southern Europe
- Central Eastern Europe
- North America 1 / 5
Product type
- Software
- Hardware
- Software-enabled hardware
Investment role
Lead and follow
Stages
Seed, Series A
First ticket size
€200,000 - €10,000,000
Contact information
B2B software VC investor
Pedro Almeida
VC Investor
Pedro Castel-Branco
VC
Rodolfo Condessa
VC Investor
Joao Dias
Talent Manager
Francisco Macedo
How to approach funds like Armilar Venture Partners
When reaching out to Armilar Venture Partners, founders should highlight a clear technological edge and a scalable B2B business model, especially if their solution addresses complex, high-impact problems. Demonstrating strong technical teams and early traction in enterprise markets will resonate, as will a roadmap that shows potential for pan-European growth. Armilar values founders who can articulate how their innovation fits into broader industry shifts and who are prepared for a collaborative, hands-on partnership throughout the scaling journey.
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