Portugal Ventures is a Portuguese venture capital company that describes itself as "the venture capital company of the Banco Portugues de Fomento Group" (the firm's own words, in its 2025 leadership announcement). Its about page states that it was "Created in June 2012" out of the merger of three earlier Portuguese venture capital firms, AICEP Capital, InovCapital and Turismo Capital, that it operates as Portugal Ventures SCR, SA, that it is "part of the public business sector, operating under the same terms as private companies", and that it operates "under the supervision of the Portuguese Securities Market Commission (CMVM)". The same page gives share capital of "EUR 40,412,650.00", represented by 8,082,530 shares of EUR 5.00 par value; that is share capital and not assets under management. The team page states: "With over 20 years' experience in managing venture capital investment, our investment teams are split into 4 sectors and monitor each of our portfolio companies, providing specialised industry know-how." The four investment teams shown on the team page are Digital & Technology, Manufacturing & Technology, Therapeutics & Health Tech and Tourism.