PANews reported on October 19 that according to Vestbee, Indico Capital Partners, an early-stage venture capital firm headquartered in Lisbon, raised 76 million euros for its fund Indico VC Fund II. It is reported that the local Portuguese bank Banco Português de Fomento (BPF) has increased its investment commitment to Indico VC Fund II from 35 million euros to 50 million euros. The venture capital firm focuses on investments from the seed round to the A round, and its investment scope covers artificial intelligence, big data, enterprise SaaS, financial technology, markets, Web3, etc. It is reported that the current number of its investment portfolios is 19, with an investment scale of approximately 90 million euros.