Shilling VC

Shilling VC is a Lisbon-based early-stage venture firm investing in Portuguese-anchored startups across B2B software, consumer technology, marketplaces, and selectively in healthcare and digital health. Stage focus is pre-seed and seed, with checks typically in the EUR 250k to 1.5M range and the capacity to lead small seed rounds. Healthcare exposure is opportunistic and most credible in digital health, B2B health software, and applied AI for clinical or operational workflows rather than therapeutics or capital-intensive devices. Physician founders building Portuguese- or Iberian-anchored digital health, telehealth, or B2B health software with credible commercial momentum are the right profile. Founders building therapeutics, US-only commercial models without European center of gravity, or scaled growth-stage rounds should pitch elsewhere. Geographic posture is Portugal-anchored with broader European deal capacity. The realistic entry path is a warm introduction from a Portuguese ecosystem operator, an existing portfolio founder, or a co-investing European seed fund; the firm is well known to the Lisbon and Porto ecosystems and is receptive to direct outreach when thesis fit is clear. Founders should arrive with traction signal, defended unit economics, and a credible European expansion narrative. Treat Shilling VC as a regional Portuguese seed partner that brings local network value and a credible early lead for Iberian-anchored healthcare technology founders.