Latest news and stories about startup in finance in Portugal for expats and residents.
Portuguese startup Tally is disrupting the accounting sector by offering an AI-driven platform that replaces traditional accounting firms for small and medium-sized enterprises, focusing on treasury and tax compliance automation.
Lovys, an insurtech company founded in Portugal, has expanded its operations to France and Spain since its inception in 2017. Co-founded by João Cardoso de Jesus, Lovys markets itself as a 'neo-insurer' and aims to attract customers through innovative insurance solutions.
Buenavista Equity Partners, an investor in Portuguese language-technology startup Unbabel, has filed a legal challenge to the sale that transferred control of the company to US firm TransPerfect. The fund lodged the action a few days before Christmas, according to public records on the Citius portal cited by ECO. The court filing formally disputes the transaction and brings the acquisition into the judicial realm, potentially affecting the deal's implementation.
SRS Legal advised Intuitivo in a €1.35 million seed funding round led by Caixa Capital and the Impact Innovation Fund, managed by 3xP Global, with further participation from Techstars and COREangels Lisbon and Porto. The operation aims to support the startup's growth and its...
Unbabel's downfall has left debts that could reach 28.6 million euros. Two of its creditors, who invested in the company, are at risk of losing access to tax benefits gained through their investments. The situation threatens to increase the losses resulting from the collapse of the AI-powered translation startup.
Four Portuguese entrepreneurs with the desire to develop a solution to facilitate the work of certified accountants. This was the recipe for the creation of Kangaroo Files. A startup that, beyond a legal digital archive, uses artificial intelligence (AI) to read invoices line by line, whether they are uploaded directly to the platform or ...
After a successful investment round valuing the company at 5.6 billion euros, Portuguese unicorn Tekever has expanded into Germany, opening a base in Munich to serve the DACH region. The company is collaborating with the Bundeswehr on autonomous operations and has already delivered its first drone to the German military, with CEO Ricardo Mendes highlighting Germany's industrial and engineering expertise as a strategic pillar for long-term growth.
Cuatrecasas advised DeepNeuronic on the sale of 100% of the Portuguese startup's share capital, including its Brazilian subsidiary – DeepNeuronic Brasil Ltda. – to Motorola Solutions, Inc. DeepNeuronic is a Portuguese startup, founded in 2021 by Vasco Lopes and Bruno Degardin, which focuses on video analysis using machine learning to detect...
The Portuguese venture capital fund 33N Ventures participated in a funding round for the cybersecurity startup Exein, in which the company raised 270 million euros, valuing the firm at 1.7 billion euros, making it the most valuable cybersecurity startup in Europe in the last decade, according to...
London Quantum Group, a British startup incubated in the Apollo acceleration programme by Junitec – the Junior Enterprise of the Instituto Superior Técnico, has closed an investment round exceeding 1.2 million dollars. The capital is intended to accelerate international expansion and strengthen the operations of the company, which focuses on developing data infrastructure.
The Portuguese company Bhout, which created a smart punching bag, is expanding its operations into Latin America following a restructuring in Portugal that involved several job cuts. The fitness technology startup has signed a strategic partnership with the Chilean gym chain Neo...
Boosted by an investment from the Swiss company ABB, the European cleantech firm is debuting in Florianópolis to connect its 100% remote monitoring technology to companies such as Engie and Celesc.
A reference to the Brazilian news outlet operating within Portugal.
European aerospace startup The Exploration Company (TEC) is in negotiations to raise at least 300 million dollars (nearly 265 million euros) in a funding round that could value the company at over 2 billion dollars (about 1.8 billion euros), aiming to develop reusable space capsules to compete...
The startup, which was part of the Unicorn Factory Lisboa created by Moedas, has been declared insolvent by the commercial court.
Coalex AI is the latest company to receive investment from Angels Way, which brings its total number of startup investments to 12, amounting to 600,000 euros. The startup has developed a platform that acts as a supervisor for organisations' artificial intelligence (AI) systems.
Unbabel has filed for insolvency at the Lisbon District Court. The request was submitted two months after the former startup was targeted by a 12.75 million euro lawsuit, through which an investor seeks to annul the sale of assets to the American company TransPerfect. The insolvency declaration ruling...
Lince Capital leads a €1.4 million funding round for Zen8 to drive the expansion of the British sports-tech company, which developed a platform that allows swim training without the need for a swimming pool. Finalising the product, bolstering the team, investing in marketing and sales and expanding the subsidiary's operations in Portugal are among ...
Portuguese investor Índico has led a €7 million funding round in Dealroom aimed at supporting the platform's expansion into the United States and strengthening its focus on artificial intelligence.
Bright Pixel is taking part in a $12 million (around €10 million) funding round for cybersecurity start-up Mesh Security. The funds will accelerate development of the platform, which brings multiple security systems together into a single integrated system, and expand its adoption among large organisations...
From Cancún, Mexico, Vírgilio Bento announced Sword Health's latest acquisition: the German company Kaia Health. A deal worth $285 million (about €237 million) that strengthens Portugal's unicorn's presence in the US and gives direct access to the German market, where the startup's treatments ...
Famel is just months away from bringing to market its first 21st-century model, but the strategy does not stop with the E-XF, a name that recalls the brand’s great success in its image — the fast and often deadly XF. The brand, revived by Joel Sousa, is already working ...
Online tutoring platform Preply has achieved 'unicorn' status (valuation over $1 billion) in a funding round that included backing from a Portuguese investment fund.
Indico Capital Partners took part in Preply's €130 million round, led by WestCap, which pushed the valuation of the Spanish language-learning platform to €1 billion — with this new capital injection it soared to unicorn status. “Preply's ability to combine AI with ...
Granter was founded to simplify access to European funds using artificial intelligence, significantly reducing the time companies need to complete applications. It won the 2025 edition of Web Summit and is expected to secure €2 million in funding soon.
Proença de Carvalho advised Zumub in an investment round totalling €3.5 million, carried out by international investors Festina Lente and Rosuha. The funds now raised are intended to finance Zumub’s growth, the company founded by Urbano da Veiga, with particular focus on strengthening its production capacity, including ...
Founded by computer engineer Wessley Silva and managed by Amanda Prado, a former dentist and now CEO, the company emerged from their difficulties in hiring services in Portugal.
