Development Bank says Portugal will bolster bid for AI gigafactory
The president of the Development Bank said today that Portugal’s bid for an Artificial Intelligence (AI) gigafactory in Sines will be strengthened, including through increased planned investment, as he believes this will raise the chances of winning the competition run by the European Commission.
Portuguese sales accelerator generated €10 million in 2025 and aims to surge in 2026
A Portuguese sales accelerator reported €10 million in revenue in 2025 and is planning rapid growth to significantly increase turnover in 2026.
Labour market in 2026: technology, talent and new demands on leadership
The world of work enters this new year in a less euphoric and, certainly, more demanding cycle. After a period marked by accelerated hiring and the rapid adoption of new technologies, the labour market in 2026 moves into a consolidation phase. This moment will be characterised by a strengthening of budgetary discipline and by a focus ...
Sines: Start Campus moves forward in February with second building
The new building was designed to accommodate complex tasks related to Artificial Intelligence, meeting the operational needs of clients 'across Europe'.
Indra wins US$342 million contract for air traffic surveillance radars in the US
The Indra Group, which employs 1,000 people in Portugal, has signed a US$342 million contract with the US Federal Aviation Administration (FAA) to manufacture next-generation air traffic surveillance radars. The systems will be produced at the group's new factory in Kansas City, where they estimate they will invest US$50 million ...
Online gaming revenue rises 11.6% to €297.1 million in the third quarter
Revenue from online gaming increased by 11.6% year-on-year to €297.1 million in the third quarter.
Security and Defence account for 13% of total investment in R&D
In a troubled world, Security and Defence are taking a leading role and Portugal seeks to gain ground. These two areas account for 13% of total expenditure on research and development (R&D), according to the 'National Innovation Report 2024' from the Agency for Research and Innovation (ANI). Between 2020 and 2023, total R&D expenditure increased ...
The future of physical AI in Las Vegas
Four Portuguese companies travelled to Las Vegas: Ynvisible, Appning by Forvia, Bandora and World Talents.
Artificial Intelligence: bubble or economic miracle?
The potential of Artificial Intelligence is enormous but, as with other industrial revolutions, it will take years to show its value and many more years to produce visible economic effects. Expresso spoke to Arlindo Oliveira, Virgínia Dignum, Nuno Sebastião, Gonçalo Matias and Luciano Amaral.
National AI Agenda and action plan to 2030 published
With funding of over €400 million for artificial intelligence through 2030, the Government expects between €18 and €22 billion to be added to Portuguese GDP.
Web Summit billed more than €100 million in 2025. Team in Portugal to grow by 20%
Web Summit generated more than €100 million last year. “2025 was a historic year. We hope 2026 will be even better,” announced Paddy Cosgrave, CEO of Web Summit. The organisation is strengthening the team with 60 additional employees, of whom 20 will join the Lisbon office, ECO has learned. The summit ...
Luís Rodrigues appointed as InvestBraga's new executive director by the mayor
The director of Startup Braga, Luís Rodrigues, will be InvestBraga's new executive director, replacing Carlos Silva, who has been in post since 2017. The decision was announced this Wednesday by Braga's mayor, João Rodrigues. The Braga mayor justifies his choice with “the experience [of Luís Rodrigues] demonstrated in the leadership of Startup Braga”, the hub ...
National innovation soars in defence with drones, satellites and aircraft
The article analyses a surge in national defence innovation driven by a €5.8 billion SAFE loan—the largest single investment in the Armed Forces—positioning defence as a strategic area for both European and national investors. Key growth areas include drones, satellites and aircraft, with emphasis on R&D, dual‑use technologies and strengthened aerospace supply chains that can create jobs and boost exports. The piece examines how procurement reform, public‑private partnerships and targeted skills development are needed to translate investment into sustained industrial capacity and economic impact. It concludes that coherent policy and sustained funding will be essential to maximise technological and economic returns.
Between AI and defence, 2026 will be a dual-use year
After Portugal’s Tekever became a unicorn, 2026 looks set to remain a liquid year for investors despite geopolitical uncertainties that are reshaping financial markets. Venture capital will continue to favour AI startups, but a growing emphasis on dual‑use and defence‑adjacent technologies means investors will weigh strong commercial upside against ethical, regulatory and geopolitical risks. The year will therefore be defined by opportunities for tech and defence crossover, active deal‑making, and increased scrutiny from policymakers and funds alike.
Venture capital firm Bynd aims to make one new investment per month this year
The Portuguese venture capital firm Bynd Venture Capital plans to make between ten and twelve investments in companies by the end of this year. The firm, specialising in early-stage investment, finished 2025 with 11 new financings for startups, bringing the number of investee companies to 15. The portfolio of investees in ...
From Meta to Nvidia: The biggest AI deals of the year
Although Portugal and Europe are about to end a peculiar year for mergers and acquisitions — with the number of deals falling while their value rises — the rest of the world is set to close 2025 with record figures. Globally, this will be the second-best year ever in terms of capital deployed...
Portugal and Ukraine sign underwater drone agreement
Home News Portugal and Ukraine sign underwater drone agreement Portugal and Ukraine sign underwater drone agreement Portugal and Ukraine have signed an agreement for the joint production of underwater drones and the holding of an economic forum between the two countries, according to the Portugue
Indico invests five million in PandaDoc to accelerate AI functions and strengthen team in Lisbon
Indico has made a five million investment in PandaDoc to enhance its AI capabilities and expand its team based in Lisbon.
Brazilians create startup that already brings together over 10,000 service providers
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.
European Startup Alliance "must transition to a consortium to safeguard current investments"
The European Startup Alliance (ESNA), chaired by Portugal from its headquarters in Lisbon, is beginning the transition to a different format that brings it closer to Brussels. The government plans to change the membership model to a European Digital Infrastructure Consortium (EDIC)...
Amazon Web Services prepares investment in new service centre in Portugal. Date to be announced "soon"
Within the global structure of Amazon Web Services, better known as AWS, there are 38 regions, large data centres through which it provides its cloud services, and smaller local zones closer to customers. The Iberian Peninsula is served by the region in Spain, but the American tech company is preparing to ...
Índico launches new fund of 125 million for investment in innovative tech companies in Southern Europe
Índico has announced the launch of a new fund worth 125 million euros aimed at investing in innovative technology companies located in Southern Europe.
