news

15 Apr 2016

Caixa Capital wins Microsoft Award

Award for Entrepreneurial Ecosystem Contribution of the Year goes to Caixa Capital

Caixa Capital received the award for Best Ecosystem Contribution of the Year from Microsoft Portugal in an event that counted with the presence of Portugal's President, Marcelo Rebelo de Sousa, Portugal's Secretary of State for Industry, João Vasconcelos, and Microsoft Portugal´s General Manager, João Couto, as well as leaders from the Portuguese startup ecosystem.

The award was presented in the context of Ativar Portugal, an event that brought together members of the Portuguese Startup ecosystem, including startups, incubators, accelerators, and VCs, with the mission to build successful, world-class companies. This year´s Ativar Portugal event focused on Internationalization – a key issue for the success of Portuguese startups.

The award for Best Ecosystem Contribution of the Year was presented to Caixa Capital by Portuguese Secretary of State for Industry, João Vasconcelos, and General Manager of Microsoft Portugal, João Couto. The prize for Startup of the Year went to Portuguese startup Talkdesk, and was presented by Portugal´s President Marcelo Rebelo de Sousa.

Stephan Morais, Executive Board Member of Caixa Capital, “We are honored by Microsoft's award, and would like to highlight the success of the Portuguese Entrepreneurial ecosystem as a whole. Caixa Capital has simply played its part in a larger ecosystem filled with talented and dedicated individuals.”

Portugal has vast potential regarding startup development. A study by the Startup Europe Partnership points to the vitality of the Portuguese startup ecosystem: by 2015 the Portuguese ecosystem already had 40 scaleups, that is, startups with an investment of at least one million dollars in the last five years. To date, Portuguese scaleups have already raised over € 166 million in venture capital investment, with the number expected to rise in the coming years.

 

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.  Caixa Capital is a pioneering operator in the Portuguese market, with 500 million Euros under management and a total potential capital of 700 million euros for its managed funds. 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 for opportunities above 1 million Euros. 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 cleantech investments.