European venture capital fund

Indico VC Fund III

Indico VC Fund III is a Lisbon-based venture capital fund managed by Índico Capital Partners. €30m in reported commitments at interim close, still raising (source published November 2025).

Seed to Series B in enterprise SaaS, AI, deeptech, spacetech and oceantech.

Status
Pre-Close (active)
Reported commitments
€30m

Reported commitments may cover only disclosed investor commitments, not the fund’s total commitments or final size.

Manager
Índico Capital Partners
Headquarters
Lisbon, Portugal
Stages
Seed, Series A, Series B
Sectors
AI, B2B Software, Deep Tech
Investment geography
Southern Europe
Source published
November 2025

Amounts come from the linked public source. A first close is not the final fund size, and a reported close does not confirm that the fund is investing now. Headquarters describe where the manager is based, not where it invests.