Ten years later, Portugal must prepare the next generation of startups
A reflection on the evolution of the Portuguese startup ecosystem over the last decade and the need to focus on future growth.

Latest news and stories about startups in work in Portugal for expats and residents.
A reflection on the evolution of the Portuguese startup ecosystem over the last decade and the need to focus on future growth.

Miguel Araújo, director-general of Mobinov and a promoter of SCARIA, argues for accelerating industrial convergence between the automotive and aerospace sectors. He says both industries face common structural challenges and share many critical solutions, and highlights the role of initiatives like the third and final SCARIA call to foster startup creation and industrial development in rural areas. The piece calls for intensified collaboration across clusters, supply chains and innovation ecosystems to leverage shared technologies and strengthen regional industrial capacity.

Created in 1990 in Coimbra, the Pedro Nunes Institute is one of the most comprehensive entities supporting the creation and development of companies in Portugal. Among the 500 companies that have already passed through it are some well-known names: Feedzai and Critical Software are two of them.

An analysis of how the Pedro Nunes Institute fosters innovation by supporting a diverse range of companies, from high-growth startups to traditional businesses.


Portugal is focusing on the Brazilian market to drive the growth and expansion of its technology sector.

Portugal is focusing on the Brazilian market to drive the growth and expansion of its technology sector.

The next competition between countries will not just be for investment. It will be about the ability to convince the best people to build their future there.

The Lisbon-based startup accelerator Unicorn Factory plans to establish a permanent presence in Brazil to facilitate the expansion of Portuguese initiatives while also attracting Brazilian ventures to Portugal's tech ecosystem. Executive Director Gil Azevedo highlights that despite the cultural similarities, the Brazilian market is vast and complex, requiring Portuguese companies to adapt their strategies to different regional and demographic realities. Conversely, the accelerator is successfully attracting Brazilian startups, with Brazilian-founded companies now ranking third among those active in the program, as entrepreneurs look to Portugal as a strategic gateway to the European market.
Applications remain open until 31 July for a new competition aimed at boosting tourism-focused startups. The initiative is a partnership between Cais do Porto, Embratur, and Turismo de Portugal. The 'Luso-BR Connection: Binational Open Innovation Call in Tourism - Brazil and Portugal' programme will select ten companies—five from each country—to expand business opportunities in both nations. The technical operation will be managed by innovation hubs Porto Digital in Pernambuco and Cais do Porto in Aveiro, which will provide support and soft-landing programmes over a five-month period.
Brazil and Portugal have launched a joint initiative aimed at supporting the international expansion of tourism-focused startups.

Portugal has spent much of the past decade promoting itself as an attractive place to launch a business. The combination of safety, comparatively moderate costs, skilled graduates and an appealing The post Can Portugal become one of Europe’s leading start-up destinations? appeared first on Portugal Resident.

Miguel Pina Martins turned a university group project into a multi-million pound business, Science4you. The journey was bumpy and marked by many setbacks. A conversation about failing and recovering.

Portugal and Brazil are collaborating to promote the international expansion of tourism-related startups and entrepreneurial ventures.

The gap between the knowledge generated in laboratories and the economic application of that knowledge remains larger than it should be.

Portuguese startups are targeting the Brazilian market for its investment potential, according to Sérgio Guerreiro, Director of Strategy and Knowledge at Turismo de Portugal. Following a successful showing at Web Summit Rio, where Portuguese startups secured 20 million euros, a new binational innovation programme has been launched to foster collaboration between the two countries in the tourism technology sector. The initiative will see five startups from each country exchange markets to scale their operations, with support from entities like Embratur, ApexBrasil, and Cais do Porto.
The artificial intelligence startup DareData generated over five million euros in revenue in 2025 and aims to double that figure by the end of 2027, co-founder Ivo Bernardo told Lusa. “We have crossed the five-million-euro mark and expect to generate over ten million in the next two years,” he said.

The product named “Candeeiro” from the company Lumpsy Health has been awarded the winner of the Startup World Cup Portugal 2026.

An entrepreneur chooses to move capital away from high-yield Brazilian investments to focus on the Portuguese startup ecosystem.

This Monday, June 22, a new competition will be launched to boost specific startups in the tourism sector. The initiative is a partnership between Cais do Porto, Embratur, and Turismo de Portugal. The 'Luso-BR Connection: Binational Open Innovation Call in Tourism - Brazil and Portugal' program will select ten companies, five from each country, to expand business opportunities in both nations. The technical operation will be led by two major innovation hubs: Porto Digital in Pernambuco and Cais do Porto in Aveiro. These entities will be responsible for mobilizing innovation ecosystems, monitoring selected projects, and offering soft-landing programs to help companies internationalise faster and with lower risk. The program will last five months. Roberto Gevaerd, Director of Management and Innovation at Embratur, stated that modern tourism requires rapid, technological responses to complex challenges, while Sérgio Guerreiro, Director of Strategy and Knowledge at Turismo de Portugal, noted that the initiative creates new opportunities to develop solutions for industry challenges. The launch event will take place at 6:00 PM at the ApexBrasil headquarters in Lisbon.
A doctoral thesis is the origin of a project to produce new batteries that can last for over a decade. The next step is to move from the laboratory to commercialisation, say the researchers, who are looking for clients in different sectors, from construction to distribution, to ensure production at scale.

The accounting company Tally, which uses artificial intelligence (AI) to complete bank reconciliation tasks and accounting entries for businesses, is planning an expansion into another European market, despite having been founded about three months ago. The startup, created by Manuel Pina, former director of Uber and Otovo in Portugal, ...

Applications for the 11th edition of Cuatrecasas Acelera, an equity-free acceleration program under Cuatrecasas Innova, close this Friday, 26 June. The law firm's program supports startups in healthtech, energy, fintech, deeptech, defence, and aerospace sectors across Spain, Portugal, and Latin America. Selected startups receive specialized legal guidance, business mentoring, and access to the Cuatrecasas network, culminating in a final event in Madrid in February 2027.

The National Innovation Agency (ANI) and Startup Portugal have introduced a new initiative with a budget of 1.5 million euros aimed at fostering collaboration between academic institutions and the business sector.

Gil Azevedo, from Unicorn Factory Lisboa, and Paulo Ribeiro, from PwC, explain how ESG is integrated into the development of startups.

The National Innovation Agency (ANI) and Startup Portugal have launched a new initiative aimed at fostering startups with a total funding of 1.5 million euros.

The National Innovation Agency (ANI) and Startup Portugal have introduced a new initiative aimed at fostering knowledge-based entrepreneurship.
Web Summit Lisbon is approaching, and Chinese technology will be in the spotlight on the centre stage. This is the prediction of Paddy Cosgrave, CEO and founder of Web Summit, who spoke to journalists. The organization is responsible for Web Summit Rio, taking place in Rio de Janeiro, Brazil, from Monday to Thursday this week. The events attract a large number of startups, entrepreneurs, potential investors, and enthusiasts, with Artificial Intelligence (AI) being a major focus. When asked about the 11th edition of Web Summit Lisbon, scheduled for November, Cosgrave highlighted developments in China. He noted that AI will continue to dominate attention, particularly as Chinese open-source models grow rapidly. Cosgrave described it as “unbelievable” that the Chinese company Deepseek has surpassed OpenAI (ChatGPT) and Anthropic (Claude) in business users in the US, according to data from the American platform Ramp. Consequently, he stated that the importance of Chinese language models for the future of AI will take centre stage. Regarding the connection between the two events, Cosgrave noted that contrary to initial expectations, the number of Brazilians in Lisbon has increased, as they see Portugal as a strategic gateway to the European market, with Web Summit serving as an incredible opportunity for ambitious Brazilian companies.
