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.

Failory's Top 10 Picks

Bandora 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.

Year Founded2017
FoundersMarcia Pereira, Ricardo Gomes
Funding Amount$2.1M
Startup SizeLean Team (11-50)
Last Funding StatusVenture Round
Top InvestorsHearstLab, Portugal Ventures, BlueCrow Capital

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.

Year Founded1994
Founders
Funding Amount$358M
Startup SizeLean Team (11-50)
Last Funding StatusDebt Financing
Top InvestorsSchroders Capital, Santander

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.

Year Founded2019
FoundersMário Verdi
Funding Amount$2.7M
Startup SizeLean Team (11-50)
Last Funding StatusAngel
Top InvestorsWOW Aceleradora, Luis Cesar Verdi, Rodrigo Kallas

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.

Year Founded2019
FoundersAline Deparis, Marison Souza
Funding Amount$610.9k
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeed
Top InvestorsBossa Invest, DOMO.VC, OBr.global, I2G Capital

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.

Year Founded1965
Founders
Funding AmountR$1.5B
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusDebt Financing
Top Investors

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.

Year Founded2014
FoundersPaulo Silvestrin, Pedro Dusso, Thomas Rodrigues
Funding Amount$6.6M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeed
Top InvestorsSP Ventures, WOW Aceleradora, ABSeed Ventures, SLC Agricola, ADM Venture Capital

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.

Year Founded1973
FoundersHenry Kiperman
Funding Amount$22.7M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsBewater, CRP Companhia de Participações

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.

Year Founded1957
FoundersMaurício Sirotsky Sobrinho
Funding AmountR$100M
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusDebt Financing
Top Investors

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.

Year Founded1989
Founders
Funding Amount
Startup SizeLarge Team (251-1,000)
Last Funding Status
Top Investors

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.

Year Founded2015
FoundersJorge Silva, João Cerdeira, Pedro Borges, Ricardo Costa
Funding Amount$10.3M
Startup SizeMid-Size Team (51-250)
Last Funding Status
Top InvestorsTenity, HCapital Partners, EASME, Iberis Capital, EDP Ventures

24 Additional Porto Startups Worth Following

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.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
BladeInsight logo BladeInsightFintech2015$2.1MSeed
proGrow logo proGrowManufacturing2019$4.6MSeed
Inductiva Research Labs logo Inductiva Research LabsOther2021$2.3MSeed
FULLVENUE logo FULLVENUEMarketing2020$2MSeed
Fibersail logo FibersailEnergy2019$5.8MVenture Round
PlatformE logo PlatformEMedia2015$16.6MSeries B
Capwatt logo CapwattEnergy2008$14.8MDebt Financing
Omniflow logo OmniflowHardware2012$3.5M
YD Pharmaceuticals logo YD PharmaceuticalsBiotech2022$8.6MSeries A
UbiRider logo UbiRiderFintech2018$2MSeed
Nuada logo NuadaHealthcare2014$3.3MGrant
MindProber logo MindProberRetail2016$6.2MSeries A
Corium Biotech logo Corium BiotechAgTech2020$600kPre-Seed
WEEZIE logo WEEZIEAnalytics2018$3.5MSeed
TAIKAI Labs logo TAIKAI LabsCrypto2018$2.8MSeed
Codavel logo CodavelInfrastructure2018$2.9MSeed
Tecmafoods - Taking us Further logo Tecmafoods - Taking us FurtherAgTech2021$1MSeed
Coreflux logo CorefluxCloud2022$2MSeed
Intuitivo logo IntuitivoEducation2021$240.8kPre-Seed
GoWithFlow logo GoWithFlowMedia2019$5MSeed
Inclita Seaweed logo Inclita SeaweedBiotech2018$3.2MSeed
Doppio Games logo Doppio GamesHardware2018$1MSeed
HUUB logo HUUBAI2015$8.7MConvertible Note
beamian logo beamianMarketing2019$800kSeed
Infinite Foundry logo Infinite FoundryMedia2017$500kSeed
Polygon logo PolygonSecurity2015$2.2MSeries A
AgroGrIN Tech logo AgroGrIN TechFood2019$500kGrant
Replai logo ReplaiAI2019$6MVenture Round
PETAPILOT, S.A. logo PETAPILOT, S.A.Analytics2014$2.2MSeries A
Flow Eighteen38 logo Flow Eighteen38Biotech2012$5MCorporate Round
Wegho logo WeghoEnterprise2018$1.7MSeed
Jáchegou logo JáchegouMedia2020$150kSeed