Investing In The Future Of Smart & Sustainable Cities
ASC Legacy Fund
A Fund Driving Smart, Sustainable Urban Development And Responsible Tourism
OVERVIEW
Fund Overview
The ASC Legacy Fund is a closed-end venture capital fund focused on investing in companies that drive sustainable urban development and responsible tourism, contributing to the Lisbon Metropolitan Area’s long-term transformation.
OVERVIEW
Fund Overview
The ASC Legacy Fund is a closed-end venture capital fund focused on investing in companies that drive sustainable urban development and responsible tourism, contributing to the Lisbon Metropolitan Area’s long-term transformation.
TARGET Fund Size
€50 Million
Fund Type
Closed-Ended Venture Capital Fund
Fund Start Date
2025
objective
The ASC Legacy Fund aims to promote economic, social, and environmental growth by investing in innovative businesses aligned with smart city initiatives, sustainability, and the green economy.
STRATEGY
Fund Focus
The ASC Legacy Fund targets companies operating in smart urban infrastructure, clean energy, mobility, and digital innovation, with the goal of supporting Lisbon’s evolution into a future-ready city.


Empowering Expansion Through Strategic Investment
ASSET ALLOCATION
Majority equity & quasi-equity stakes in smart-city and sustainability companies
Convertible and hybrid instruments
Corporate debt and loans to portfolio companies
Ancillary liquidity in monetary or sovereign instruments
GET TO KNOW US
Fund Focus
The ASC Legacy Fund targets companies operating in smart urban infrastructure, clean energy, mobility, and digital innovation, with the goal of supporting Lisbon’s evolution into a future-ready city.

Empowering Expansion Through Strategic Investment
ASSET ALLOCATION
Majority equity & quasi-equity stakes in smart-city and sustainability companies
Convertible and hybrid instruments
Corporate debt and loans to portfolio companies
Ancillary liquidity in monetary or sovereign instruments
PORTFOLIO
Investment Strategy
The ASC Legacy Fund invests mainly through equity and hybrid structures in sustainable urban projects and companies. Treasury funds are allocated conservatively to liquidity instruments.
sectors covered
Smart Cities & Urban Mobility
Green Buildings & PropTech
Renewable Energy
Sustainable Tourism
Digital Urban Governance
FACTSHEET
FACTSHEET
Fund Highlights
Fund Highlights
The ASC Legacy Fund invests through equity and hybrid positions in companies developing sustainable and smart urban solutions. The Fund focuses on long-term value creation and positive environmental and social impact.
The ASC Legacy Fund invests through equity and hybrid positions in companies developing sustainable and smart urban solutions. The Fund focuses on long-term value creation and positive environmental and social impact.
FUND TYPE
Fundo de Investimento de Capital de Risco Fechado
FUND TYPE
Fundo de Investimento de Capital de Risco Fechado
STAGE
Pre-Launch
INVESTOR CATEGORY
Professional Investors
ISIN
PTEBEDIM0010
BANK
Caixa Geral de Depósitos, S.A.
INVESTMENT OBJECTIVE
Create long-term value and positive impact through investments in innovation, sustainability, and smart urban transformation.
FUND TYPE
Fundo de Investimento de Capital de Risco Fechado
FUND TYPE
Fundo de Investimento de Capital de Risco Fechado
STAGE
Pre-Launch
INVESTOR CATEGORY
Professional Investors
ISIN
PTEBEDIM0010
BANK
Caixa Geral de Depósitos, S.A.
INVESTMENT OBJECTIVE
Create long-term value and positive impact through investments in innovation, sustainability, and smart urban transformation.
INVESTOR CATEGORY
Professional Investors
STAGE
Pre-Launch
MIINIMUM CAPITAL REQUIREMENT
€ 100 000
MIINIMUM CAPITAL REQUIREMENT
€ 100 000
VALUATION FREQUENCY
Semiannually
INVESTMENT POLICY
The ASC Legacy Fund invests in companies developing smart and sustainable solutions in urban infrastructure, clean energy, and technology, aiming to generate impact-driven and financial returns.
INVESTMENT OBJECTIVE
Create long-term value and positive impact through investments in innovation, sustainability, and smart urban transformation.
AUDITOR
Ernst & Young Audit & Associados, SROC, S.A.
INVESTOR CATEGORY
Professional Investors
STAGE
Pre-Launch
MIINIMUM CAPITAL REQUIREMENT
€ 100 000
MIINIMUM CAPITAL REQUIREMENT
€ 100 000
VALUATION FREQUENCY
Semiannually
INVESTMENT POLICY
The ASC Legacy Fund invests in companies developing smart and sustainable solutions in urban infrastructure, clean energy, and technology, aiming to generate impact-driven and financial returns.
INVESTMENT OBJECTIVE
Create long-term value and positive impact through investments in innovation, sustainability, and smart urban transformation.
AUDITOR
Ernst & Young Audit & Associados, SROC, S.A.
INVESTMENT POLICY
The ASC Legacy Fund invests in companies developing smart and sustainable solutions in urban infrastructure, clean energy, and technology, aiming to generate impact-driven and financial returns.
ISIN
PTEBEDIM0010
DURATION
10 years, extendable for additional two-year periods
VALUATION FREQUENCY
Semiannually
BANK
Caixa Geral de Depósitos, S.A.
DURATION
10 years, extendable for additional two-year periods
AUDITOR
Ernst & Young Audit & Associados, SROC, S.A.
MAIL US
hello@octanova.pt
MAIL US
hello@octanova.pt
INVESTMENT POLICY
The ASC Legacy Fund invests in companies developing smart and sustainable solutions in urban infrastructure, clean energy, and technology, aiming to generate impact-driven and financial returns.
ISIN
PTEBEDIM0010
DURATION
10 years, extendable for additional two-year periods
VALUATION FREQUENCY
Semiannually
BANK
Caixa Geral de Depósitos, S.A.
DURATION
10 years, extendable for additional two-year periods
AUDITOR
Ernst & Young Audit & Associados, SROC, S.A.
MAIL US
hello@octanova.pt
MAIL US
hello@octanova.pt
INVESTMENT STRATEGY
INVESTMENT STRATEGY
Investing in the Future of Smart & Sustainable Cities
Investing in the Future of Smart & Sustainable Cities
The ASC Legacy Fund captures opportunities in sustainable urban development and green innovation, aligning financial performance with environmental and social value creation in Lisbon’s transformation towards 2040.
The ASC Legacy Fund captures opportunities in sustainable urban development and green innovation, aligning financial performance with environmental and social value creation in Lisbon’s transformation towards 2040.
Smart Urban Development
Investing in innovative urban infrastructure, clean energy, and smart city technologies that enhance sustainability and quality of life.
Smart Urban Development
Investing in innovative urban infrastructure, clean energy, and smart city technologies that enhance sustainability and quality of life.
Sustainable Growth Platform
Supporting businesses that enable environmental efficiency, renewable energy integration, and responsible tourism within the Lisbon region.
Sustainable Growth Platform
Supporting businesses that enable environmental efficiency, renewable energy integration, and responsible tourism within the Lisbon region.
Expert Fund Management
Managed by experienced professionals combining venture capital expertise with ESG-driven, responsible investment principles.
Expert Fund Management
Managed by experienced professionals combining venture capital expertise with ESG-driven, responsible investment principles.
Smart Urban Development
Investing in innovative urban infrastructure, clean energy, and smart city technologies that enhance sustainability and quality of life.
Smart Urban Development
Investing in innovative urban infrastructure, clean energy, and smart city technologies that enhance sustainability and quality of life.
Sustainable Growth Platform
Supporting businesses that enable environmental efficiency, renewable energy integration, and responsible tourism within the Lisbon region.
Sustainable Growth Platform
Supporting businesses that enable environmental efficiency, renewable energy integration, and responsible tourism within the Lisbon region.
Expert Fund Management
Managed by experienced professionals combining venture capital expertise with ESG-driven, responsible investment principles.
Expert Fund Management
Managed by experienced professionals combining venture capital expertise with ESG-driven, responsible investment principles.
GET IN TOUCH
Partner with Us in Travel Innovation
Interested in investing in the future of travel, hospitality, and smart cities? Let’s explore opportunities together.
Have questions about our funds, investment strategy or partnership opportunities?
We’re here to help.
TALK TO US
Venture Capital in Travel Tech
Gain access to a high-impact venture capital fund in Travel & Hospitality Tech
Invest in Tourism Innovation
Invest in seed-stage startups driving innovation across global tourism markets
Connect with Industry Leaders
Join a network of strategic investors, mentors, and industry leaders
Drive Sustainable Travel Growth
Support sustainable, tech-driven transformations in travel and hospitality