Latest news and stories about startup 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.
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.
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.
Startup Portugal has unveiled a new promotional campaign that utilises artificial intelligence in its creation.
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.
Founded less than a year ago by Brazilian entrepreneurs in São Paulo, Draiven established operations in Lisbon after being selected by the Unicorn Factory Lisboa.
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...
The Portuguese fintech Rauva is facing a lawsuit from its co-founder and former CEO, Jon Fath, who left the startup at the end of last year and is now claiming payment of 720,000 euros in court. Fath, who has since launched a private equity firm under his own name, Fath&Co, declined to make any...
Tinder, the world’s most famous dating app, has filed an intellectual property lawsuit against Portuguese startup Swipeless – a platform that organised in-person group dinners for strangers. The legal dispute, The post Tinder dating giant sues Portuguese start-up that organised ‘face to face’ dinners for strangers appeared first on Portugal Resident.
The world's most famous dating app is at odds with a Portuguese startup that wanted to 'swipe' its business model. Tinder has filed a lawsuit against the company Swipeless, which organised dinners between strangers to promote in-person relationships instead of online ones. The American company sued the...
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.
The Portuguese tech startup Full Venue is now Clustie, the result of a rebranding that comes months after the launch of the current platform from which it 'borrows' its name. The change, developed internally, seeks to reflect the evolution of the company's activity, which initially focused on the sports, events, and ticketing sectors in terms of segmentation...
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...
Open Cities, a film accelerator and production company based in Lisbon with an office in New York, has selected eleven feature film projects from 120 applicants for a three-month virtual programme, culminating in an immersion week in Lisbon. The initiative focuses on supporting independent films that ethically integrate emerging technologies, such as Artificial Intelligence. Co-founded by Joana Vicente, the startup aims to expand creative possibilities for filmmakers while unlocking new economic sustainability for independent cinema, backed by an initial investment of 1.1 million euros.
A lamp that helps people monitor epilepsy during the night. This is the idea of Vicente Mayer Garção, CEO of Lampsy Health, who secured support from the European Innovation Council's pre-accelerator. The 350,000 euros will assist the startup in research and development, with the funding contract...
Amparo helps return mobility to amputees in record time. With clients in over 40 countries, Frederico Carpinteiro and his team are particularly marked by the impact of their prosthetic sockets in Gaza, Senegal, and Ukraine, and the rapid 'return to a small sense of normalcy' they enable.
IAPMEI has opened a competition to support young graduates up to 29 years old in developing their own innovative, technology-based startups aligned with Sustainable Development Goals. The programme offers a nine-month training path, a monthly grant of 900 euros, and additional performance-based prizes totalling 5,000 euros, funded by the European Social Fund+.
Are you under 30, do you have a degree and an innovative idea in the technology sector? There is a state program that offers support for the development of business projects. IAPMEI – Agency for Competitiveness and Innovation announced this Tuesday that applications for the third phase are open until August 25.
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.
Master's students from the Instituto Superior Técnico have created an interactive platform that uses artificial intelligence to adapt in real-time to the needs of each student.
