Margherita Cielo
Venture capital Investment Associate
Lisbon, Portugal
I am an investment professional working across venture capital and private equity, currently advising Deep Tech and early-stage companies on fundraising. In my current role, I support positioning Ocean Capital as a key source of international deal flow in Portugal, connecting Series A and B startups with local and European investors, and I have maintained a 100% deal close rate. Previously, as a Senior Investment Analyst at Dealflow.eu, I launched a fundraising advisory line for Deep Tech startups, unlocking access to both dilutive and non-dilutive capital through VCs and EU programs such as EIC, Horizon Europe, and EIT. I advised 3 companies on strategy, business models, and investor materials, supporting term sheet negotiations. At Doorway, I scouted and tracked 500+ startups, completed deep analysis on 30+ projects, and successfully closed 4 deals, including Contents.com at €15M. I led the investment process from sourcing to closing, handling due diligence, valuation (VC method, DCF, multiples), market analysis, and review of legal documentation. I also delivered measurable digital and eCommerce impact earlier in my career through strategic consulting and business transformation work at The Level Group and PwC.
Experience
Investment Associate at Ocean Capital
Ocean Capital
Apr 2025 – Present · 1 yr 2 mths
Lisbon, PT
I provide main fundraising advisory for Portuguese VC/PE funds, positioning Ocean Capital as a key source of international deal flow by connecting Series A/B startups with local and European investors. I support 10+ startups across B2B SaaS AI, Energy, Manufacturing, and Medtech, structuring investment rounds and producing pitch decks, financials, and investment memoranda. I draft term sheets and review investment agreements, maintaining a 100% deal close rate and raising +€10 mln to date.
Senior Investment Analyst at Dealflow.eu
Dealflow.eu
Nov 2024 – Present · 1 yr 7 mths
Lisbon, PT
I launched a fundraising advisory line for Deep Tech startups, enabling access to both dilutive and non-dilutive capital through VCs and public EU funding (EIC, Horizon Europe, EIT). I advised three companies on strategy and business model, and prepared investor materials to support term sheet negotiations. I focused on matching company needs to relevant funding routes and investors.
Senior Investment Analyst at Doorway
Doorway
Jan 2023 – Present · 3 yrs 5 mths
Milan, IT - Brussels, BE
I worked on an end-to-end European venture capital club process that invested €45M across 62 deals from Seed to Series B. I scouted and tracked 500+ startups, performed deep analysis on 30+ projects, and successfully closed 4 deals (Contents.com, Autoconnexa, Fan@x.ai, Limenet). I managed sourcing-to-closing, conducting due diligence, valuations using VC method/DCF/multiples, assessing returns, performing market analysis, and reviewing legal documentation; I also helped launch a fundraising advisory line and supported Poleepo’s €1M Seed round.
Business Analyst at The Level Group
The Level Group
Jan 2022 – Present · 4 yrs 5 mths
Milan, IT
I provided strategic consulting for major Italian luxury, fashion, and design firms as an end-to-end eCommerce partner and consultancy. I drove digital business growth and optimized online sales by bridging strategy, marketing, and store operations across multiple client accounts. I delivered measurable results, achieving +40% YoY revenue growth.
Business and Digital TransformaGon Consultant at PWC
PWC
Jul 2021 – Present · 4 yrs 11 mths
Milan, IT
I supported digital transformation and operational excellence initiatives, helping Italian fashion-industry companies align technology, processes, and strategy. I contributed to operational improvement work focused on technology and process fit to enable execution. My role centered on bridging business priorities with transformation efforts.
Education
Universidad Austral
Exchange International Economics and Management, International Economics and Management
Jan 2020 – Jun 2020
Grade: 30/30 (GPA)
Politecnico di Milano
MSc in Management Engineering, Management Engineering
Oct 2019 – Dec 2020
Grade: 109/110
Politecnico di Milano
BSc in Industrial Engineering, Industrial Engineering
Sep 2016 – Jul 2019
Grade: 93/110
Skills
Languages
Italian
Native or bilingual proficiency
English
Full professional proficiency
Spanish
Limited working proficiency
French
Elementary proficiency
Portuguese
Elementary proficiency