Iberis Capital is a prominent private equity and venture capital firm based in Lisbon, Portugal, known for its dynamic investment approach focused on mid-market companies across innovation, growth, and yielding investments. Founded in 2017 by four partners with a shared vision to leverage opportunities within the Portuguese economy, Iberis Capital has rapidly established itself as a leading force in the country's financial landscape. With a keen eye on aligning interests between the firm and its investors, Iberis Capital manages significant assets while fostering a high-performance culture and strong portfolio diversification. This article explores the essential facets of Iberis Capital's operations, investments, impact, and future trajectory.
Established in 2017, Iberis Capital was created by four partners united by a long-standing professional relationship and a commitment to driving growth within Portugal’s economy. Their vision centered on providing focused mid-market private equity and venture capital investments that could meaningfully impact local businesses. The founders positioned the firm to ensure alignment of interests by investing a significant portion of their personal net worth into Iberis funds, demonstrating confidence and commitment to investors and portfolio companies alike.
Iberis Capital concentrates its investments primarily in three areas: Growth Buyout & Innovation for early-stage and established companies, and Yielding Investments. This diversified approach enables the firm to target both dynamic startups and mature businesses with growth potential. By leveraging operational expertise and technology-driven growth strategies, Iberis Capital seeks event-driven investment opportunities that generate sustainable returns for its stakeholders.
By 2025, Iberis Capital manages over €570 million in assets, supported by a diverse base of more than 1,200 investors, including private equity funds, family offices, and corporate entities. This robust asset base reflects the firm’s expanding influence and trust within the investment community, positioning it as one of Portugal's leading private equity and venture capital managers.
The firm boasts a diversified portfolio spanning multiple industries such as software, IT, aerospace, health technology, and renewable energy. Iberis has made significant investments in companies like the cybersecurity platform Jscrambler and the natural gas vehicle division Dourogás GNV, exemplifying its commitment to sustainable and technological innovation. This varied investment profile allows Iberis to mitigate risk while capitalizing on growth trends.
A notable recent strategic move was Iberis Capital's acquisition of a majority stake in Dourogás GNV in 2025. The company focuses on renewable biomethane as a replacement for fossil natural gas, targeting public transport and freight fleets to promote net-zero emissions. This investment aligns with Iberis’s approach to supporting eco-sustainable ventures and positions the firm at the forefront of Portugal’s green energy transition.
With a track record that includes multiple successful exits, Iberis Capital exemplifies effective value creation. Their sale of Luis Brito Textéis in 2024 marked a successful divestment after enhancing the company's management and production capacity. The firm’s performance underscores its ability to scale businesses and deliver attractive returns to its investors, reinforcing its position in the competitive private equity landscape.
Iberis Capital fosters a high-performance, informal, and collaborative work environment. It actively recruits top talent from leading academic institutions and diverse professional backgrounds, emphasizing continuous growth and learning. The firm’s culture prioritizes complete dedication from its team members, who share a strong alignment of interest through personal investment in Iberis funds.
A distinctive feature of Iberis Capital is its commitment to aligning incentives between partners and investors. The majority of the partners’ personal net worth is invested in Iberis funds, ensuring that decisions are made with a long-term perspective and deep dedication to the firm’s success. This philosophy builds trust among stakeholders and incentivizes prudent and impactful investment practices.
Operating in a country growing its innovation ecosystem, Iberis Capital plays a critical role in channeling capital into Portugal’s mid-market companies. Through its investments, Iberis helps transform startups into scalable enterprises, fueling job creation and economic development. Its presence bolsters the private equity and venture capital market, contributing to Portugal's emerging profile as a hub for technological and sustainable business innovation.
Looking ahead, Iberis Capital aims to continue increasing its assets under management while expanding its portfolio across new sectors and geographies. The firm is expected to focus on leveraging technology, sustainability, and operational growth to enhance its investment outcomes. With a growing investor base and a strong reputation, Iberis is well-positioned to capitalize on Portugal’s evolving market opportunities and strengthen its footprint in the European private equity landscape.
Iberis Capital is a dynamic and influential player within Portugal's private equity and venture capital sectors, characterized by its disciplined investment strategy, strong alignment of interests, and a commitment to fostering sustainable growth. Since its inception in 2017, the firm has successfully blended innovation with operational expertise to support a diverse range of companies while contributing to the broader Portuguese economy. As Iberis Capital continues to evolve and expand, it embodies the potential of private equity to drive meaningful economic and societal progress. The ongoing challenge will be how it adapts to future market disruptions and seizes emerging opportunities in a competitive global landscape.