Latest news and stories about startups in finance in Portugal for expats and residents.
Portugal possesses a distinct set of advantages that make it an appealing destination for international business hubs and startup companies.
Successful investors achieve superior returns by identifying structural market shifts before they become consensus, as demonstrated by historical transitions like the internet, software, and artificial intelligence.
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.
Hugo Veiga and Diego Machado are officially back on the market, now with a project of their own. The duo, who left their roles as global creative directors at AKQA in June of last year, are launching !F Creative Capital, a company that presents itself with a business model identical to that of a venture capital firm.
The fall of Unbabel, which last year hastily sold all its assets to a competitor for just 5.7 million dollars, leaves a deep mark on the Portuguese startup ecosystem, joining a list that includes Chic by Choice (2018) and Farfetch (2023). Although with very different outcomes, these are stories that...
The company has developed a digital platform focused on education and aims to win over part of the 2.2 million Brazilian teachers. The startup's system offers the administration and analysis of student tests.
The Portuguese company Tekever, a manufacturer of drones based on artificial intelligence (AI), announced today the purchase of unmanned aerial systems (UAS) by the United States Special Operations Command (USSOCOM), without disclosing the value of the operation.
After being one of the startups invested in by the Angels Way fund, Intuitivo has just closed a 1.35 million euro seed round. With over 200 contracts already established with municipalities and schools, the edutech company, which won the best pitch at the 2024 Web Summit, is now targeting Brazil. It aims to help teachers...
TransPerfect paid $5.7 million (5.1 million euros) for the “totality of Unbabel's assets” in August 2025. Months earlier, Unbabel negotiated a merger with another company at a valuation of $250 million (222.8 million euros), 44 times more, but the operation did not go through, it was reported.
That’s tip top! It was this Anglo-Saxon expression that inspired the new Portuguese digital consulting and training firm for professionals. The investment firm Ó Capital, led by businesswoman Sara do Ó, engineer and manager Rogério Canhoto, and investor Luís Palma da Graça, founder of Vallis Capital Partners, have joined forces to create a company...
The Portuguese government sets a target to foster the creation of a new unicorn startup every two years.
For a long time, talking about innovation in Defense meant thinking primarily of large companies, military equipment, and technologies developed specifically for the Armed Forces. This is changing and, for Portugal, it is an opportunity we must not miss. The concept of dual-use (technologies with civil and military applications) is gaining ground in...
Following the initial closing of a round of over 500 million euros, Tekever has taken another step in its expansion into the European market. The national technology company has launched operations in Germany, following an initial delivery to the German Armed Forces, the Bundeswehr. The Munich operation begins with 15 people and serves as...
Startup Leiria is expanding its capacity to host new startups by adding nearly two thousand square metres of space at the Leiria municipal market. The installation of a Physical AI laboratory, focused on robotics and AI applied to industry, is among the plans of the Central region incubator, involving an investment of 1.7 million.
Deloitte Legal TELLES provided comprehensive legal advice on FRANK's 2.9 million euro investment round, led by Armilar and Start Ventures, and also oversaw the structuring and implementation of the company's employee incentive plan. Deloitte Legal TELLES's involvement thus covered two dimensions of the transaction: advisory...
Securing investment is like stepping into a boxing ring. We bring a vision, a pitch, and the belief that preparation will protect us. It won't. We will fall. Some rounds will feel like a knockout. And sometimes, the opponent is someone we meet in an elevator: no gloves, no warning, just a few floors to defend years of work. The...
Tekever drones are operating in one of the most decisive conflicts of our time: the war in Ukraine. At a time when Europe is debating defence, technological sovereignty and artificial intelligence, Tekever finds itself at the heart of some of the most significant issues of the 21st century.
Ten Portuguese startups are seeking expansion in the US market, citing limitations in the Portuguese legislative, judicial, and financial environments.
A dozen Portuguese startups are in the United States looking for investors, clients, and partners to accelerate their growth. Together, they have already raised more than €11 million in investment and employ more than 160 people.
Lince Capital has announced a two-million-euro investment in Erakulis, an innovative Portuguese digital health and wellness platform. The operation aims to accelerate technological development and support the company's international expansion. Erakulis uses artificial intelligence and wearables to offer personalised exercise, nutrition, and wellness plans through an app that allows users to connect with professionals in various fields. Cristiano Ronaldo, one of the shareholders, has been a key promoter of the project. With thousands of global downloads, the investment will allow Erakulis to strengthen its teams and expand its international presence. João Ramos, CEO of Erakulis, stated that the investment is a vote of confidence in their vision, while Tomás Lavin Peixe of Lince Capital highlighted the potential of the digital health market. Additionally, Ronaldo has acquired a 10% stake in Herbalife's Pro2col for 6.9 million euros.
One of Cristiano Ronaldo's investments has raised more capital outside of his own business sphere. The company Erakulis, which developed a health and wellness app, secured two million euros from a private equity and venture capital firm led by Vasco Pereira Coutinho. Lince Capital completed a funding round, fully subscribed by...
Startup Portugal has set its strategic objectives for the next ten years, focusing on boosting the economic impact of startups to reach 5% of the national GDP.
The statement highlights the high quality of scientific research in Portugal and suggests the potential for the emergence of a billion-dollar startup.
A London-based fintech company founded by two Portuguese nationals, leveraging engineering expertise developed in Portugal.
Startup Portugal aims to foster the creation of eight additional unicorn companies in the country over the coming decade.
