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Early-stage venture capital Indico Capital Partners raised 76 million euros for its fund, investing in AI, Web3 and other fields

Indico Capital Partners, an early-stage venture capital firm headquartered in Lisbon, raised 76 million euros for its fund Indico VC Fund II. It is reported that the investment commitment of Portuguese local bank Banco Portuguese Guês de Fomento (BPF) to Indico VC Fund II has increased from 35 million euros to 50 million euros. The venture capital focuses on seed-round to A-round investment. The investment scope covers artificial intelligence, big data, enterprise SaaS, financial technology, markets, Web3, etc. The number of its portfolios has reached 19, and the investment scale is about 90 million euros.