Lisbon's startup scene shows a mix of industries, from finance and energy to artificial intelligence. The ecosystem includes both recently founded companies and more mature businesses.
Crypto protocol Ethena, founded in 2023, has secured $176.8M in funding. In contrast, AI translation service Unbabel has been a part of the city's tech landscape since 2013.
Below is our list of 55 Lisbon startups worth keeping an eye on.
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Get the Sheet for $50Ethena built a synthetic dollar protocol on Ethereum that offers a crypto-native alternative to traditional financial systems. Their stablecoin, USDe, serves as a globally accessible savings instrument known as the 'Internet Bond'.
| Year Founded | 2023 |
| Founders | Guy Young |
| Funding Amount | $176.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Initial Coin Offering |
| Top Investors | M2 Capital, Gemini, Franklin Templeton, YZi Labs, Pantera Capital |
Unbabel provides a Language Operations platform that uses AI to help businesses communicate with customers in any language. Their solution integrates with existing customer service tools, blending machine translation with human refinement to deliver accurate multilingual support.
| Year Founded | 2013 |
| Founders | Bruno Prezado, Hugo Silva, João Graça, Sofia Pessanha, Vasco Pedro |
| Funding Amount | $91.2M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Headline, Samsung NEXT, Y Combinator, Salesforce Ventures, Scale Venture Partners |
Musiversal operates a managed marketplace connecting music creators with a global network of professional session musicians and audio engineers. Through their subscription-based platform, artists can book and collaborate with vetted talent to produce studio-quality tracks.
| Year Founded | 2018 |
| Founders | André Miranda, Xavier Jameson |
| Funding Amount | $12.1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Shilling VC, Lince Capital, LC Ventures, Iberis Capital, Startup Braga |
Bloq.it builds integrated smart locker systems that combine hardware and software for the logistics and retail industries. Their platform is designed to automate package management for e-commerce and last-mile delivery.
| Year Founded | 2019 |
| Founders | João Lopes, Miha Jagodic, Ricardo Carvalho |
| Funding Amount | $29.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series B |
| Top Investors | Business Angel |
Novo Banco operates as a universal bank providing a full suite of financial products and services. They serve a wide range of clients, from individual customers and businesses to institutional and private banking partners.
| Year Founded | 2014 |
| Founders | — |
| Funding Amount | $500M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | — |
Powerdot builds and operates electric vehicle charging networks for commercial spaces like retail centers, hotels, and restaurants. They provide a full-service solution that covers the installation and ongoing maintenance of charging stations for their partners.
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | $415M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Societe Generale, BNP Paribas, Santander, MUFG Bank, ABN AMRO Bank |
Rega Energy develops renewable energy projects centered on biomethane and green hydrogen production. Their work provides industrial partners with the necessary resources to decarbonize their activities and transition to a sustainable economy.
| Year Founded | 2021 |
| Founders | — |
| Funding Amount | $60M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Private Equity |
| Top Investors | Swen Capital Partners |
Tripnly builds an all-in-one travel platform that equips travelers with a range of digital tools. The company integrates AI and machine learning to provide comprehensive solutions for every stage of a journey.
| Year Founded | 2024 |
| Founders | Alper Aydın |
| Funding Amount | $240k |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Pre-Seed |
| Top Investors | — |
Rely.io has created an internal developer portal that gives engineering teams a centralized place to manage their software and infrastructure. The platform is designed to improve developer productivity and streamline operations from development to production.
| Year Founded | 2021 |
| Founders | José Velez, Samir Brizini |
| Funding Amount | $2M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Pre-Seed |
| Top Investors | Techstars, TheVentureCity, Shilling VC, J12, Liam Boogar-Azoulay |
Exclusible provides a curated marketplace for luxury brands to launch exclusive NFT collections. The platform helps these high-end names engage with their communities in the metaverse and Web3.
| Year Founded | 2021 |
| Founders | Artur Goulão, Olivier Bureau, Pierre Guigourese, Romain Girbal, Thibault Launay |
| Funding Amount | $7.2M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | White Star Capital, Indico Capital Partners, APEX Capital, Tioga Capital Partners, AA Sons |
45 Additional Lisbon Startups Worth Following
Those top 10 companies are just the start of what’s happening in Lisbon. Founders across the city are building in growing fields like AI, crypto, and enterprise software.
Combined, they have already raised more than $100 million to bring their ideas to life. Here’s a look at the other startups helping to shape the city's ecosystem.