Dipalo Ventures has partnered with Heed Capital to launch two new funds eligible for Portugal’s Golden Visa program. Together, the firms manage approximately €400 million in assets and bring deep experience across U.S. and EU public and private markets.
Two Funds
- Dipalo Heed Fund II targets high-potential innovations in energy, climate, and advanced manufacturing, while Heed Top offers a conservative mix of public equities and bonds.
- Dipalo Heed Climate Tech Fund II will focus on technology breakthroughs in Energy Transition, Industrial & Manufacturing (including industrial decarbonization)
Strategy
- The Fund will invest at least 60% of its assets in early stage companies operating in Portugal. 40% will be invested in the US.
- The minimum initial subscription amount is €200,000. Golden Visa applicants must invest at least €500,000.
- Closed-ended fund with 10 year term. No early redemption. Distributions over Fund term based upon exit.
- The expected return is 20% per year, net of fees.
- Non-tax residents in Portugal are tax exempt on both income and capital gains.
About
Dipalo Ventures is a U.S.-based venture capital firm with deep expertise in technology and sustainability investments, bringing international perspective and proven track record in venture investing. Dipalo Ventures invests in early-stage, breakthrough deep tech across manufactured innovations that are reshaping the future of Energy, Climate, and Physical AI.
Heed Capital is a Portugal-based fund manager with specialized knowledge of local markets, regulations, and Golden Visa requirements, ensuring seamless execution and compliance.
- 11 Mutual Funds
- 250 GV Applicants
- €80m GV Investments Raised
