Armilar is Portugal's leading VC funds manager. An independent VC with a history of more than 20 years, a high-performance track record, and an international footprint. With 260 million euros of assets under management, we are a deep-tech investor, engaged in supporting the development of a new economy throughout Europe, by fostering the transition of new technologies from laboratories to world-class businesses. While we are an international investor, we are strongly committed to investing in Portugal, a thriving entrepreneurial ecosystem where we are, by far, the largest and most experienced early-stage investor, with a track record that is unmatched in the region.

Investment size
€150K to €5M+
Late seed
Early Growth
Deep Tech
Investment Geography
Estonia, Latvia, Lithuania, Czech Republic, Slovakia, Albania, Andorra, Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Denmark, Finland, Germany, Greece, Hungary, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, North Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovenia, Spain, Sweden, Switzerland, Ukraine, UK, France, San Marino
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