Bondstone expands into venture capital with DeepTech focus
Lisbon-based investment firm Bondstone has unveiled a new venture capital arm alongside a dedicated €50 million fund targeting early-stage DeepTech startups across Europe. The move marks a strategic expansion for the firm, which has traditionally focused on real estate and alternative assets, and signals growing investor appetite for capital-intensive, science-driven innovation.
Backing early-stage European DeepTech innovators
The newly launched fund will concentrate on seed and Series A rounds in companies developing breakthrough AI algorithms, advanced robotics, semiconductors, quantum technologies, and industrial automation. By prioritising ventures rooted in strong research and proprietary intellectual property, Bondstone aims to bridge the funding gap that often hampers DeepTech founders in their journey from lab to market.
According to the firm, the €50 million vehicle will back a concentrated portfolio, allowing its team to take an active role in product strategy, go-to-market planning and international expansion. The fund will also seek to connect portfolio companies with corporate partners and later-stage investors to accelerate commercial adoption.
Lisbon’s growing role in the European tech ecosystem
By establishing its VC arm in Lisbon, Bondstone is positioning itself at the heart of one of Europe’s fastest-growing startup hubs. Portugal’s capital has attracted a wave of founders and investors in recent years, thanks to competitive operating costs, a strong engineering talent pool and government support for innovation. The new fund is expected to leverage this ecosystem while maintaining a pan-European investment mandate.
Strategic timing amid resilient DeepTech demand
The launch comes at a time when overall venture funding has cooled, yet investor interest in mission-critical DeepTech solutions remains resilient. As industries from manufacturing and logistics to healthcare and energy seek to digitise and decarbonise, demand for advanced hardware, software and data infrastructure is rising. Bondstone’s new fund is designed to capture this structural shift by supporting teams building defensible, long-term technologies rather than short-lived consumer trends.
With its €50 million commitment and a dedicated VC platform, Bondstone is signalling confidence in Europe’s capacity to produce globally competitive DeepTech champions and is positioning Lisbon as a launchpad for the next generation of frontier technology startups.