Indico Capital Launches €125M Fund for Tech Startups

Índico Capital Partners has launched its sixth venture capital fund, Indico VC Fund III, with 125 million euros, including 30 million euros from European Investment Fund, focusing on innovative technologies.

The fund aims to bolster Southern Europe’s tech ecosystem, potentially impacting blockchain Web3 development, aligning with European goals, yet no immediate cryptocurrency changes are reported.

€125M Indico VC Fund III Targeting Southern European Startups

Indico Capital Partners, founded by Stephan de Moraes, Ricardo Marques, and Cristina Fonseca, has launched the Indico VC Fund III, aiming to invest €125 million in early-stage startups across Southern Europe. The European Investment Fund (EIF) has committed €30 million as an anchor investor. The fund will focus on emerging technology sectors including artificial intelligence, deep tech, blockchain/Web3, fintech, and digital marketplaces. Investments will range from €1 to €10 million per company, targeting early-stage rounds from seed to Series B.

Industry players, particularly in Southern Europe, have welcomed the fund as a significant boost for the region’s tech ecosystem. The emphasis on sustainable economic models and robust institutional backing aligns with the European Union’s InvestEU policies, which support sustainable innovation. No immediate market shifts have been reported in specific cryptocurrencies or tokens related to Indico’s portfolio companies.

“Our mission is to support innovative tech companies from Southern Europe and their diaspora, particularly in the rapidly growing sectors of AI and blockchain.” — Ricardo Marques, Co-Founder, Indico Capital Partners

Institutional Confidence Boosts European Tech and Blockchain Growth

Did you know? Indico Capital Partners has deployed over €123 million across 53 companies since 2019, showcasing an ongoing commitment to fostering innovative tech startups in Southern Europe.

CoinMarketCap reports Ethereum (ETH) currently priced at $2,992.67, with a market cap of $361.20 billion. The 24-hour trading volume has dropped by 32.44% to $13.67 billion, as recorded at 18:51 UTC on November 29, 2025. Price movements show ETH down 1.66% in 24 hours, and up 8.74% over seven days.

Coincu analysts suggest that this fund’s focus on blockchain/Web3 could indirectly benefit related cryptocurrencies as investment and adoption increase. The fund launch represents strong institutional confidence in European startups, potentially catalyzing growth in tech sectors. An upswing in project investments may also contribute to innovation and wider adoption of blockchain technologies.