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This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
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Portugal's startup ecosystem features a diverse range of companies, from new ventures to established industry names. These businesses operate in key sectors including aerospace, finance, and artificial intelligence.
Leading the pack in funding is aerospace firm TEKEVER, which has raised over $630 million. Other major players include the AI fraud detection company Feedzai, with more than $352 million in total funding.
Below is our list of 100 Portugal 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 $50Feedzai develops an AI-powered platform that gives banks and fintechs a single, comprehensive view of financial risk. The technology works in real-time to detect and prevent fraud and money laundering, securing transactions for both businesses and their customers.
Ethena developed a synthetic dollar protocol on Ethereum that provides a crypto-native alternative to traditional financial systems. Their core product, USDe, is a scalable form of digital money designed to operate independently from legacy banking infrastructure.
xMoney offers a payment platform that enables businesses to securely accept and process cryptocurrency. The platform is designed to build consumer trust by providing both secure transactions and purchase protection.
TEKEVER develops unmanned aerial systems and software for the aerospace, defense, and security markets. Their platforms provide real-time intelligence and surveillance capabilities for maritime and land-based operations.
Unbabel created a Language Operations platform that blends AI with human review to translate customer service communications. This approach helps global companies provide consistent, high-quality support to customers in any language.
Nutrium builds a software platform that connects nutrition professionals with their clients. Their all-in-one tool helps dietitians manage meal plans, track patient progress, and streamline communication.
BRAINR builds a cloud-based Manufacturing Execution System (MES) specifically for the food industry. Their platform provides real-time data to streamline production and connect different parts of the manufacturing process.
Musiversal built a subscription-based marketplace that connects music creators with a global roster of session musicians, vocalists, and audio engineers. Their platform allows artists to book unlimited sessions and get their songs professionally produced for a single flat monthly fee.
Bloq.it develops a smart locker operating system that allows businesses to create their own custom applications. The platform powers hardware and software solutions for industries like retail, logistics, and residential property management.
Novo Banco runs a universal banking operation that serves individuals, companies, and institutional clients. Their offerings range from daily accounts and credit to comprehensive insurance and investment solutions.
Those ten companies are just the beginning of the story. New founders are building everywhere, with many focused on growing fields like AI, enterprise software, and energy.
Together, these next 90 companies have raised over $2 billion to bring their ideas to life. Here’s a look at the rest of the startups shaping Portugal's startup ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| AI | 2017 | $2.1M | Venture Round | |
| Enterprise | 2018 | $415M | Debt Financing | |
| Energy | 2019 | $1.2B | Debt Financing | |
| Enterprise | 1994 | $358M | Debt Financing | |
| Mobility | 2023 | $2M | Pre-Seed | |
| Manufacturing | 2015 | $3.9M | Seed | |
| Energy | 2021 | $60M | Private Equity | |
| Media | 2021 | $1.1M | Pre-Seed | |
| Retail | 1989 | — | — | |
| Enterprise | 2021 | $2.8M | Pre-Seed | |
| Healthcare | 2015 | $6.2M | Grant | |
| Enterprise | 2021 | $3M | Pre-Seed | |
| AI | 2024 | $240k | Pre-Seed | |
| AI | 2020 | $11.5M | Series A | |
| Marketing | 2014 | $5M | Venture Round | |
| AI | 2015 | $10.3M | — | |
| Cloud | 2021 | $2M | Pre-Seed | |
| Fintech | 2015 | $2.1M | Seed | |
| Manufacturing | 2019 | $4.6M | Seed | |
| Marketing | 2021 | $7.2M | Venture Round | |
| Manufacturing | 2017 | $1.5M | Seed | |
| AgTech | 2017 | $16M | Venture Round | |
| Other | 2021 | $2.3M | Seed | |
| Marketing | 2020 | $2M | Seed | |
| Food | 2015 | $19.7M | Venture Round | |
| Energy | 2019 | $5.8M | Venture Round | |
| Media | 2019 | $2.8M | Seed | |
| Media | 2015 | $16.6M | Series B | |
| Energy | 2008 | $14.8M | Debt Financing | |
| Retail | 2024 | $1.3M | Pre-Seed | |
| Education | 2013 | $2.8M | Seed | |
| Crypto | 2022 | $1.6M | Seed | |
| AI | 2021 | $1.1M | Pre-Seed | |
| Hardware | 2012 | $3.5M | — | |
| Biotech | 2015 | $8.2M | Series A | |
| Biotech | 2016 | $2.3M | Grant | |
| Enterprise | 2020 | $1.5M | Seed | |
| Infrastructure | 2021 | $2.4M | Seed | |
| Education | 2018 | $970k | Grant | |
| SaaS | 2019 | $2.2M | Seed | |
| Media | 2011 | $3.5M | Seed | |
| Enterprise | 2012 | $4.5M | Venture Round | |
| Other | 2020 | $870k | Pre-Seed | |
| Healthcare | 2019 | $15M | Seed | |
| Fintech | 2021 | $4.3M | Seed | |
| Hardware | 2014 | $4M | Series A | |
| Crypto | 2021 | $4.5M | Seed | |
| AI | 2022 | $1.9M | Seed | |
| Marketing | 2020 | $2.1M | Seed | |
| Enterprise | 2020 | $5.4M | Seed | |
| Fintech | 2021 | $1M | Pre-Seed | |
| AI | 2021 | $1M | Seed | |
| Logistics | 2019 | $4.3M | Seed | |
| Biotech | 2022 | $8.6M | Series A | |
| Fintech | 2018 | $2M | Seed | |
| Media | 2018 | $300k | — | |
| Other | 2022 | $1.5M | Pre-Seed | |
| Biotech | 2013 | $2.6M | Grant | |
| AI | 2021 | $103k | Seed | |
| Enterprise | 2021 | $2.5M | Seed | |
| Healthcare | 2014 | $3.3M | Grant | |
| Marketing | 2021 | $770k | Seed | |
| Real Estate | 2016 | $1.6M | Venture Round | |
| Energy | 2014 | $1.6M | Venture Round | |
| AI | 2017 | $1.2M | Seed | |
| Healthcare | 2019 | $4.8M | Seed | |
| AI | 2015 | $1M | Venture Round | |
| Retail | 2016 | $6.2M | Series A | |
| Hardware | 2017 | $32.7M | Series A | |
| Biotech | 2006 | $10M | Series A | |
| AgTech | 2020 | $600k | Pre-Seed | |
| Manufacturing | 2018 | $1.8M | Seed | |
| Analytics | 2018 | $3.5M | Seed | |
| Real Estate | 2020 | $1.5M | Pre-Seed | |
| Crypto | 2018 | $2.8M | Seed | |
| Other | 2023 | $500k | Pre-Seed | |
| Media | 2007 | $2.2M | Series A | |
| Infrastructure | 2018 | $2.9M | Seed | |
| AI | 2024 | $167.3k | Pre-Seed | |
| Travel | 2015 | $1.6M | Convertible Note | |
| Crypto | 2020 | $2.1M | Seed | |
| Education | 2013 | $3.5M | Venture Round | |
| Infrastructure | 2020 | $1.5M | — | |
| Cloud | 2018 | $3M | Seed | |
| Hardware | 2016 | $4.5M | Series A | |
| Media | 2022 | $5M | Corporate Round | |
| AgTech | 2021 | $1M | Seed | |
| Healthcare | 2018 | $2.6M | Seed | |
| Cloud | 2022 | $2M | Seed | |
| Education | 2021 | $240.8k | Pre-Seed |
