Latest news and stories about startup in Portugal for expats and residents.
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...
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.
The Cuatrecasas Acelera programme celebrated its 10th edition with a Demo Day in Barcelona, where seven startups, including the winner Usawa Care, showcased their projects to a panel of experts. This event marked the conclusion of the programme, highlighting innovation and entrepreneurship in the startup ecosystem.
UPWIND Energy, a spin‑off from the Faculty of Engineering of the University of Porto (FEUP), is developing a portable high‑altitude wind energy generator for 'areas affected by natural disasters and isolated economic activities'. The solution can replace diesel generators, which are 'characterised by being expensive, polluting and logistically complex', notes ...
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.
Beyond Vision's drones passed the 'field test' of the European Defence Agency's (EDA) first operational exercise (OPEX), which took place in Italy. The company was one of five firms — and the only Portuguese one — to receive that certificate during the EDA Annual Conference, held in Brussels on Wednesday. "This certificate from the Agency ...
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 ...
Removing 'guesswork' from marketing decisions is the aim of Yadayada, a consultancy focused on evidence-based marketing being launched by Plot. 'Half of advertising investment does not generate business results. For most marketing professionals, this is no surprise: decisions made under pressure, with impossible deadlines, metrics ...'
The startup of researcher Ângela Relógio, TimeTeller, won the Hamburg Founders' Prize 2025, adding to other accolades earned by the company responsible for measuring individual circadian rhythms at the molecular level.
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.
From the cramped place where the business began to the vastness of the Earth's atmosphere, the Portuguese firm is working to launch a constellation of 12 satellites that will enable the creation of a navigation system accessible to seafarers around the world.
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.
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.
An app created by the Brazilian company Consultar Processos translates legal jargon and contributes to the democratization of access to justice. The company is now entering the Portuguese market.
