Lince launches new €20 million fund aimed at healthtech startups

The Portuguese venture capital company Lince Capital has launched a €20 million fund to invest in healthtech startups.

The VC which has already invested €140 million in startups has now launched the Lince Innovation Fund V.

This investment fund was created with the aim of investing in Portuguese companies with a strong focus on innovation and research and development.

The VC currently has €500 million of capital under management, 1,600 investors from 50 nationalities and employs over 25 people to manage over 14 funds.

Among the big names to come out of Portugal in which Lince has invested are Sword Health, Feedzai, iLoF, and Nutrium of which the first two are unicorns.

In all, it has helped 36 technology and R&D based companies of which 34 are Portuguese over the past nine years since it was founded in 2016.

The company led by Vasco Pereira Coutinho has now announced that, in addition to seeing its position consolidated in the national private venture capital landscape, having attracted more than 800 national and international investors over the last five years alone, it will now launch a new fund for innovation made in Portugal.

The new financial instrument, the Lince Innovation Fund V, with its target capital of €20 million euros, intends to invest in Portuguese companies in the technology and health sectors over a period of 10 years and an investment period of three years.