Indico Capital Partners' fund Indico VC Fund II has raised 76 million euros

ChainCatcher size, the early-stage venture capital firm Indico Capital Partners based in Lisbon has raised €76 million and announced that the Portuguese Bank (BPF) has increased its investment commitment to Indico VC Fund II from €35 million to €50 million.

It is understood that the fund is dedicated to supporting early-stage tech startups in global markets, with investment areas covering artificial intelligence, big data, enterprise SaaS, fintech, marketplaces, Web3, and more. Since 2019, Indico has invested €90 million in 49 companies, which have raised over €1.9 billion in total funding from global investors. Indico VC Fund II is committed to supporting early-stage tech startups, and so far, the fund has completed 4 investments totaling €14.8 million.