Morais initiated his career at Halcrow Group Limited in the UK, working in privatization projects on behalf of multilateral agencies in Mozambique, Pakistan, Panama and Chile. He later moved permanently to London joining Arthur AndersenBusiness Consulting, to integrate the Energy and Utilities team as a Senior Consultant. After the MBA, Morais was appointed as consultant to the Portuguese Government for the privatization of a main State investing conglomerate, IPE, and for the draft of the country's National Energy policy. Morais joined Energias de Portugal in 2003 as Chief of Staff of the CEO and was subsequently appointed Managing Director of the Bilbao based Naturgas Energia Servicios. Specialized in Private Equity investments while attending Harvard, Morais went on to buy out Temahome, a major Portuguese furniture design and manufacturing company, with a group of other Portuguese investors and the company's management team in 2006. He left the company at the end of 2009. in 2010, Stephan Morais was the first Portuguese ever to be named a Young Global Leader by the World Economic Forum. Morais is a former Non-Executive Director at Crimson Investment Management, a real estate investment company, and has served on several companies´ Advisory Boards where he provided financial and strategic advice through his personal holding SEI. In 2010 he joined Portugal's largest bank Grupo Caixa Geral de Depósitos where he was appointed as Board Member and Deputy CEO of a new African investment bank based in Mozambique, BNI - Banco Nacional de Investimento, a partnership between Portuguese Caixa and the Mozambican government. Morais is a former Executive Director heading up venture capital investing at Caixa Capital, one of the largest and most international private equity and venture capital operators in Iberia managing over 700 million Euros in funds. He became Portugal´s most notorious and successful Venture Capitalist after having led investments in most major Portuguese global startups such as Farfetch, Unbabel, Uniplaces, Codacy and others that raised significant capital in Silicon valley and London. He is also a former Venture Capital Council Member at Invest Europe, Council Member of the International Venture Club, Chairman of the European Venture Finance Network and a jury at numerous entrepreneurship and investment awards. He is a frequent speaker at global events. Currently, Morais is Managing General Partner at his own independent Venture Capital Fund, Indico Capital Partners, which he founded with Ricardo Torgal and Talkdesk´s co-founder Cristina Fonseca.