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Edgar Melo Costa

Entrepreneur and private equity investor. Real estate, hospitality, private aviation, wine and spirits, and artificial intelligence, across four continents.

15+countries invested in
4continents
2004first company founded
8companies led or backed

About

Capital with an operator's instinct.

Read the fine print. That is where the leverage is.
Edgar Melo Costa

Edgar Melo Costa built and sold several construction businesses in Portugal before founding EMC Acquisitions in 2014, a private investment group that has backed growth companies in more than 15 countries across Europe, the Middle East, Africa and North America, with a focus on real estate and hotels.

In 2018 EMC Acquisitions became an equity partner of KEY Real Estate Holdings in New York, where Edgar joined as Vice President and a member of the board, working on luxury hotel and residential developments in the Hudson Valley and Westchester.

From his base in New York, he leads a group of consumer and travel companies: Melion, a private jet charter marketplace that has certified operators compete for every trip; Grus Drinks, which imports and distributes premium wines from Iberian, French, Italian and South American estates across North America; and MezcalSearch, an app for discovering tequila and mezcal.

He also invests in artificial intelligence, backing AI founders through ELP Ventures and running iQuash, a legal-technology platform that checks tickets, fines and notices for defects and connects people with licensed lawyers who can act on them.

ELP Ventures funds

elp-ventures.com ↗
  1. IELP Ventures IReal estate
  2. IIELP Ventures IIPrivate equity
  3. IIIELP Ventures IIIWinery acquisition
  4. IVELP Ventures IVReal estate
  5. VELP Ventures VReal estate · Florida
  6. VIELP Ventures VIReal estate · Canada

Legal AI

A Danish startup shows AI can cut a court case from 15 hours to 1.5

Copenhagen legal tech company SmallClaims has raised a €2 million seed round led by the Finnish fund Vendep Capital. Its AI agents carry a small-claims case from first assessment through negotiation, court filing, judgment and enforcement, while a team of lawyers reviews the work and appears in court when a case goes to a hearing. The company says it handled more than 3,200 cases in 2025, has over 500 customers, and needs about 1.5 hours of manual work per case, compared with more than 15 hours the traditional way.

The figure I keep coming back to is that time saving. Small disputes are rarely complicated. They are simply too expensive to handle by hand, so most of them are never pursued. SmallClaims estimates that more than €930 billion in claims are written off across the EU every year. Cut the labor by a factor of ten and a large share of that becomes workable business.

I also like how the company is built. Software does the repetitive steps and licensed lawyers stay accountable for the result. That is the same structure we chose for iQuash, where AI checks tickets, fines and notices for defects and then connects people with licensed lawyers. Courts and regulators will accept that pairing much sooner than full automation.

The difference is which side of the claim you are on. SmallClaims' customers include debt collection agencies, law firms and businesses chasing unpaid invoices. As AI makes it cheaper to file claims, individuals need equally cheap tools to check what lands in their mailbox and to push back when the paperwork is wrong. Founders building that consumer side are exactly who ELP Ventures exists to back.

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Tequila & mezcal

California grape growers are planting agave as tequila holds steady

California farmers who built their businesses on wine grapes are planting agave, according to Bloomberg reporting summarized by Vinetur this week. Tequila sales at US retail were flat over the 52 weeks to September 9, per Circana data, while vodka, whiskey and other spirits fell at least 1.5%. In the Central Valley, grower Stuart Woolf has planted about 550 acres of agave over four years and plans to add 150 more. O'Neill Vintners & Distillers has spent about $300,000 on agave distilling equipment and expects to double or triple that over the next year.

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Real estate

A $2 billion bid for 93 hotels shows where hotel value is hiding

Service Properties Trust, the REIT managed by The RMR Group, has received an unsolicited $2 billion cash offer from TKO LLC for all 93 of its hotels, roughly 12% of its 838 properties. The bid, dated October 7, is larger than SVC's entire market value, which sits below $1 billion after the shares fell more than 40% over the past year. TKO wants the hotels free of brand management and franchise agreements, and SVC has until Friday to respond.

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