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Porto's startup scene is growing, with companies in many different fields. These businesses range from water management to financial technology and artificial intelligence.
The area includes major players like Indaqua, which has secured $358M in funding for water infrastructure. Other notable companies include the AI-driven fintech LOQR and proptech firm Bandora.
Below is our list of 34 Porto startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Bandora created a virtual facility manager that uses AI to continuously optimize smart building operations. By fine-tuning building systems, their technology helps property managers avoid unexpected downtime and reduce energy consumption.
Indaqua operates integrated water and wastewater management services for municipalities. Their work focuses on the complete water cycle, from treatment and purification to supply and infrastructure management.
Deskbee builds a workplace management platform for companies navigating the shift to a hybrid work model. Their software allows employees to book desks and meeting rooms, giving teams a simple way to coordinate their days in the office.
Privacy Tools builds a privacy compliance platform using AI and blockchain to help global companies meet data protection requirements. Their software is designed to simplify the legal and security complexities of navigating international privacy laws.
CORSAN manages critical water and sanitation infrastructure, focusing on water preservation, sewage collection, and treatment services. The company plays a significant role in Brazil's waste management and renewable energy efforts.
Aegro provides an agricultural management platform that helps farmers centralize their financial, commercial, and production activities. Their software offers a unified view of the entire operation, giving producers the data needed to improve their farm's profitability and efficiency.
Grupo A operates a digital learning platform focused on scientific and technical content for the Brazilian market. They provide universities, companies, and students with a comprehensive library of e-books and professional publications.
Grupo RBS produces journalism and entertainment content for millions of people as one of Brazil's largest media conglomerates. They connect with audiences primarily in the Rio Grande do Sul region through a diverse portfolio of TV, radio, newspaper, and digital platforms.
Epson manufactures a wide array of electronics, from home office printers to commercial-grade projectors and scanners. The brand is a household name, recognized globally for its long-standing leadership in printing and digital imaging technology.
LOQR builds a platform that enables financial institutions to create secure digital journeys for their customers. Their service focuses on identity verification and authentication, allowing banks to quickly deploy digital onboarding and other customer-facing processes.
Those top ten companies are just a small part of Porto's growing startup community. Founders are tackling problems across many fields, including biotech, energy, AI, and media.
Together, these startups have raised over $115 million, and many are just getting started with their first rounds of funding. Below is a look at more companies that are building up the city's tech ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Fintech | 2015 | $2.1M | Seed | |
| Manufacturing | 2019 | $4.6M | Seed | |
| Other | 2021 | $2.3M | Seed | |
| Marketing | 2020 | $2M | Seed | |
| Energy | 2019 | $5.8M | Venture Round | |
| Media | 2015 | $16.6M | Series B | |
| Energy | 2008 | $14.8M | Debt Financing | |
| Hardware | 2012 | $3.5M | — | |
| Biotech | 2022 | $8.6M | Series A | |
| Fintech | 2018 | $2M | Seed | |
| Healthcare | 2014 | $3.3M | Grant | |
| Retail | 2016 | $6.2M | Series A | |
| AgTech | 2020 | $600k | Pre-Seed | |
| Analytics | 2018 | $3.5M | Seed | |
| Crypto | 2018 | $2.8M | Seed | |
| Infrastructure | 2018 | $2.9M | Seed | |
| AgTech | 2021 | $1M | Seed | |
| Cloud | 2022 | $2M | Seed | |
| Education | 2021 | $240.8k | Pre-Seed | |
| Media | 2019 | $5M | Seed | |
| Biotech | 2018 | $3.2M | Seed | |
| Hardware | 2018 | $1M | Seed | |
| AI | 2015 | $8.7M | Convertible Note | |
| Marketing | 2019 | $800k | Seed | |
| Media | 2017 | $500k | Seed | |
| Security | 2015 | $2.2M | Series A | |
| Food | 2019 | $500k | Grant | |
| AI | 2019 | $6M | Venture Round | |
| Analytics | 2014 | $2.2M | Series A | |
| Biotech | 2012 | $5M | Corporate Round | |
| Enterprise | 2018 | $1.7M | Seed | |
| Media | 2020 | $150k | Seed |
