Caixa Capital and Startup Sintra sign cooperation protocol
Partnership with Startup Sintra will allow Caixa Capital to strength its presence within the innovation and entrepreneurship community
Lisbon, 17th June 2015 — Caixa Capital and Startup Sintra recently established a partnership in alignment with the investment strategy followed by Caixa Capital’s Venture area.
Caixa Capital aims to support national and regional startup accelerators and incubators, in order to identify highly innovative and sustainable investment opportunities, either directly by Caixa Capital or through co-investment with specialized Venture Capital partners.
With the celebration of this partnership, Caixa Capital reinforces its support for the creation of new businesses by promoting access to projects with high growth and valuation potential incubated in Startup Sintra, also providing support and experience in the development of their business models, as well as facilitated access to potential follow-on funding.
Stephan Morais, Executive Director of Caixa Capital, stated that “The progress in the quality of the Portuguese entrepreneurial ecosystem is notable and the development of incubators is crucial to support the startups’ growth. We are looking forward to working with Startup Sintra”.
Adriano Lourenço, Founder of Startup Sintra, affirmed that “The signing protocol with Caixa Capital is a remarkable step. Caixa Capital will contribute significantly towards stimulating the innovation and the entrepreneurial spirit of young entrepreneurs and qualified managers”.
About Caixa Capital — www.caixacapital.pt
Caixa Capital is the Private Equity and Venture Capital fund management company of Portugal´s largest banking group Caixa Geral de Depósitos, present in over 20 countries and with assets above 120 billion Euros. With a total of close to 750 million Euros under management, the largest and most relevant in the country, Caixa Capital invests in growth equity and venture capital opportunities and funds. The Venture Capital team partners with incubators, accelerators and business angels for seed and startup investments and with major international venture funds across the world. The team aims to support global expansion of Portugal related teams and companies and has dedicated team members to ICT, digital, health tech, engineering and clean tech investments.