Shilling Capital Partners

Shilling Capital Partners is a venture capital firm that backs startups early and supports them through every stage. Typical investments run between €100K and...

Shilling Capital Partners

Shilling Capital Partners is a venture capital firm that backs startups early and supports them through every stage. Typical investments run between €100K and €1M, with follow-on multiples and a network of founder LPs. The firm shares profits with portfolio founders through its Founders Fund and positions itself as a constant partner for teams aiming to go global.

Website

www.shilling.vc

General information

Firm type

Private Equity

Year founded

2011

AUM

€52M (per firm website, 2026)

Location

Region

Europe

Country

Portugal

City

Lisbon

Corporate office

Lisbon, Portugal

Principals

António Casanova — Founder & IC Member

Diogo da Silveira — Founder & IC Member

Duarte Guerra — Analyst

Hugo Gonçalves Pereira — Founder

Venture Partner & IC Member

João Coelho Borges — Founder & IC Member

Juan Alvarez — Founder & IC Member

Márcia Fernandes — Ops Lead

Maria Villas-Boas — Operating Partner

Maria van Uden — Events & Comunication

Maria Henriques da Silva — Brand & Marketing Manager

Miguel Santo Amaro — Venture Partner & IC Member

Pedro Santos Vieira — IC Member

Pedro Rosa — Principal

Pedro Ramalho Carlos — General Partner

Pedro Rutkowski — Founder & IC Member

Pedro Ferreira — Tech Engineer

Ricardo Jacinto — Managing Partner

Tomás Güida — Principal

How does Shilling source its deals?

Shilling leans on a partnership bench composed almost entirely of former founders and exited operators. The firm argues this operator network creates early visibility into pre-institutional rounds across Lisbon, Porto, and Braga. Portfolio founders also feed referrals through an active community that the firm cultivates directly.

Does Shilling operate a single fund or multiple vehicles?

The firm markets a single €52M early-stage fund. Public materials reference 35-plus portfolio companies, implying deployment from that pooled vehicle. Shilling has not disclosed parallel funds, side vehicles, or separate growth-stage pools.

What stages does Shilling target and when does it stop writing checks?

The primary sweet spot is Seed and pre-Seed. Shilling retains capacity for follow-on rounds into Series A and growth-stage, though the firm has not published a reserve ratio or maximum check size. Most known positions were taken at formation or shortly after product launch.

What is Shilling's track record with exits and returns?

Shilling has not published a realized return multiple, DPI, or cumulative distributions. Its website highlights portfolio names that achieved later institutional rounds — including Unbabel, Rows, and Uniplaces — but does not claim specific exit events or IRR figures.

Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: Aug 11, 2026. Continuous refresh with full update cycles at least every 30 days.