A real estate company in Lisbon, started by two partners with backgrounds in physics and finance, Paulo Loureiro and João Pedro Silva, has launched a venture capital arm. Their first fund will focus on early-stage DeepTech companies in Southern Europe.
Bondstone Ventures, the new venture capital division of Bondstone, has registered its first fund, Maxwell Technologies I, with Portugal’s securities regulator, the CMVM. The fund aims to raise €50 million from institutional investors to support seed and early-stage startups in AI, computational biology, climate technology, and related fields.
Launching the VC fund is a major change for Bondstone. Since 2016, the company has built a real estate portfolio worth over €1 billion in Portugal, covering residential, logistics, hospitality, and mixed-use projects. Bondstone manages all stages of investment and has a team of 20 professionals from different fields.
Bondstone Ventures works with venture partners who have experience at global tech companies. One advisor, Luis Teixeira, has over 20 years of experience in technology, e-commerce, and fashion. The fund is also partnering with science and engineering universities to find deals from academic research. These partnerships help keep researchers, founders, and investors working toward the same long-term goals.
The fund is supervised by the CMVM, providing institutional investors with a regulated way to invest in venture capital across Southern Europe. This region has had less venture activity than Northern Europe in the past.
No portfolio companies have been announced so far.
