Portuguese VC Shilling launches 50 million euros fund
- Portugal Business News - Valerie Charoux
- May 16, 2024
- 1 min read
Portugal news - Portuguese venture capital fund Shilling launches a 50 million euros fund aimed at propelling Europe’s top scaleups into Series A.
Portuguese company Shilling is the leading early-stage VC that aims at driving sustainable economic growth by investing across diverse industries and disruptive technologies that are shaping the future. The company operates on a profit-sharing model that is community-centric and links a thriving network working together to achieve mutual success.
The Shilling Opportunity Fund provides high-potential startups with capital, mentorship, and expertise for sustainable growth while working towards creating an entrepreneurial economy in Portugal. The fund supports top-performing ventures as they continue to scale internationally. With investment tickets of up to € 5 million, this fund bridges the gap in growth-stage funding and provides the investment to fuel global success.
The new Shilling fund, that has already invested in Portuguese fintech Coverflex, intends to support high-tech scalable ventures. The targeted startups are those advancing digitization in crucial sectors such as Healthtech, SaaS, e-commerce, marketplaces, and cybersecurity.
Portuguese VC Shilling is not just a fund, but a community fostering innovation and collaboration to operate a launchpad for successful startups.
