Organization · Venture Capital

LINCE CAPITAL

Lince Capital is an independent venture capital firm based in Lisbon, Portugal, established in 2016. It focuses on managing venture capital and private equity funds, primarily investing in high-growth Portuguese SMEs across various sectors.

Venture CapitalFunder

Overview

What LINCE CAPITAL does

What LINCE CAPITAL is

Lince Capital is an independent venture capital firm based in Lisbon, Portugal, established in 2016. It focuses on managing venture capital and private equity funds, primarily investing in high-growth Portuguese SMEs across various sectors.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Capital
Founded
Founded in 2016
Approximate age
About 10 years
Structured capabilities
Funder
Last reviewed
May 1, 2026

Official channels

Find LINCE CAPITAL elsewhere

Open the official website or a supported primary organization account.

Capability profile

LINCE CAPITAL as a funder

Investment thesis

Lince Capital seeks projects with high growth potential where its management team can actively help entrepreneurs develop the business, focusing on innovation, R&D, and technology in Portuguese SMEs and startups.

Focus narrative

Lince Capital invests primarily in Portuguese SMEs engaged in research and development (R&D) projects. The firm targets both established companies in growth phases and early-stage startups, with investment amounts ranging from €250,000 to €5 million depending on the sector and maturity stage. Its funds include the Lince Innovation Fund III, Lince Yield Fund, and Lince Growth Fund I, each focusing on different aspects of the SME landscape.

Value beyond capital

Lince Capital adds value to its portfolio companies through active management support, including technical and economic studies, feasibility analysis, and financial model validation. The firm emphasizes post-investment support to help entrepreneurs develop their businesses and achieve growth.

Terms and economics

Typical check
$250,000–$5,000,000

Focus and fit

Stages
Pre-seed · Seed · Seed+ · Series A · Series B · Growth Equity
Regions
Europe

Availability

Currently deploying
Yes

Portfolio and track record

Portfolio context

Sword Health: A digital health company focused on innovative health solutions. Feedzai: A technology company specializing in fraud prevention and risk management. Coverflex: A services/retail company providing flexible benefits solutions. Cargofive: A technology platform for e-commerce. Bhout: A technology company with a focus on innovative solutions. IEM 4.0: An industrial automation and robotics company, recently backed by Lince Growth Fund I. ZWIM / Zen8: A connected swim-training company, where Lince led a €1.4M funding round. MLC Ceramic Machinery: A company specializing in industrial equipment, with Lince acquiring a 25% stake. Nutrium: A health-focused portfolio company. Vawlt: A technology company in Lince's investment portfolio.

Common questions

What to know about LINCE CAPITAL

Upseed classifies LINCE CAPITAL under the Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

May 1, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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