Lisbon, Lisbon, Portugal
Stephan de Moraes (aka Stephan Morais) is the founder and Managing General Partner of Indico Capital Partners (www.indicocapital.com), a leading venture capital tech and sustainability focused firm based in Portugal. He has invested in 6 unicorns over the last decade and is current President of APCRI - the Portuguese Private Equity and Venture Capital Association. Indico focuses on software as a service, artificial intelligence, space tech, fintech, cybersecurity, digital and climate tech companies, targeting investments at Seed to Series C+ level. Founded in 2017, the team at Indico have backed or founded, in the last decade, the majority of the Portuguese global tech success stories, including 7 global unicorns, as investors and entrepreneurs (Farfetch - PT/UK, Talkdesk - PT/USA, Anchorage - PT/USA, Remote - PT/USA, Sword Health - PT/USA, Tier - Germany and Fever - Spain). With a diversified background as an investment banker, consultant, entrepreneur and CEO, he has lived in 9 countries and 4 continents over the last 27 years. Stephan was formerly an Executive Board Member at Caixa Capital, a Private Equity and Venture Capital fund management company. He is also a former Advisor to the European Commissioner of Science and Innovation, Past Chairman of the European Venture Finance Network and Past Council Member of Invest Europe and Board Member of the International Venture Club. He has been and is a Non-Executive Director and Board Observer in numerous companies. He is an Entrepreneurship and VC Expert with the oNetwork at the Saïd Business School, University of Oxford, President of the Portuguese Private Equity Association (APCRI), Advisory Board Member at CMVM, COTEC, AMROP and Chair of Harvard Club of Portugal´s Advisory Board. He is Past co-Chair of YPO Portugal (Young Presidents Organization), Advisory Council Member of Portuguese American Leadership Council (PALCUS) and Past President of the Harvard Club of Portugal. Appointed as a Young Global Leader by the World Economic Forum in 2010, he holds a degree in Engineering from Instituto Superior Técnico (Lisbon), and an MBA from the Harvard Business School. Stephan is fluent in Portuguese, Spanish, English and French.
Stephan Morais is the founder and Managing General Partner of Indico Capital Partners, a leading institutional and independent venture capital firm based Lisbon focusing on Seed to Series C+ SaaS, artificial intelligence, space tech, climate tech, fintech, cybersecurity, and digital startups.
On the Board of the national industry body representing the Private Equity and Venture Capital industry since 2021 and Chair since 2024.
CMVM - Comissão do Mercado de Valores Mobiliários (Portuguese Securities Market Commission) was established in May 1991 (Decree-Law No. 142-A/91 of 10 April) and is tasked with supervising and regulating the financial instruments markets as well as the agents operating within those markets and promoting investor protection.
COTEC Portugal is the leading Portuguese business association for the promotion of innovation and technological cooperation in the business sector. COTEC Portugal’s main activities include anticipating and reflecting on key innovation topics that impact business competitiveness, activating collaborative platforms and networks, and contributing to the improvement of public policies related to innovation.
The oNetwork is a community of highly experienced entrepreneurs and business leaders who share their expertise with Oxford Saïd students and alumni.