Private Equity

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EX Capital

EX Capital is a Porto-based private equity firm that funds founders with diverse profiles or from underrepresented geographies.

EX Capital logo

EX Capital

At EX we focus exclusively on funding founders with a diverse profile or that come from underrepresented Geos. You don’t need to belong to a club.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

Europe

Country

Portugal

City

Porto

Corporate office

Porto, Portugal

Sector focus

Venture (General)

Frequently asked questions

What is EX Capital's investment mandate?

EX Capital states it focuses exclusively on funding founders with a diverse profile or those who come from underrepresented geographies. The firm's thesis is that these founders possess a resilience and drive that makes them stronger operators. This mandate is the central organizing principle of the firm's public identity, though it has not published specific portfolio examples demonstrating the mandate in operation.

Does EX Capital disclose its assets under management or fund size?

No. EX Capital has not publicly disclosed assets under management, fund size, or total capital deployed. The firm's website does not include performance metrics, fund vintage details, or limited-partner information.

Is EX Capital a single-family office or a traditional venture firm?

EX Capital is structured as a private equity asset manager. It does not identify itself as a single-family office, and no wealth-origin narrative, founding family, or principal has been publicly disclosed. Its operating structure beyond its Porto headquarters is not detailed in available public materials.

What geographies does EX Capital invest in?

The firm's public materials do not specify geographic constraints for its investments beyond its own location in Porto, Portugal. Its stated focus on underrepresented geographies suggests at least partial activity outside major traditional venture hubs, but no country-level allocation data has been published.

Who runs investment decisions at EX Capital?

EX Capital has not publicly named its founders, investment committee members, or managing principals. No executives are listed on the firm's website, and no LinkedIn page for the firm was available as of mid-2026. The absence of named decision-makers is a notable gap relative to typical private equity transparency norms.

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