66 Best Startups in Portugal to Watch in 2025

The Definitive Seedtable Ranking of Startups in Portugal

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 105 start-ups with an aggregate funding of $6.4b. The average funding per company in this subset is $97.5m.

Last update to the database: Feb 18, 2025. See changelog.

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7

Funding Rounds

$91.2m

Money raised

Unbabel is a company providing a translation as a service platform that allows enterprises to understand and be understood by their customers. It participated in the W14 cohort of Y Combinator.

12

Funding Rounds

$1.7b

Money raised

Revolut is a London-based Fintech startup and bank offering mobile banking, card payments, money remittance, and foreign exchange services.

Location:

Key people:

9

Funding Rounds

$1.0b

Money raised

Netskope is a cloud access security broker company. It provides a cloud-scale security platform for managing cloud usage in an enterprise.

3

Funding Rounds

$158.2m

Money raised

Cohere Technologies is a software-based spectrum multiplier solution provider.

Key people:

7

Funding Rounds

$169.8m

Money raised

An artificial intelligence company offering a call tracking and conversational analytics for marketers.

9

Funding Rounds

$434.1m

Money raised

SingleStore is a San Francisco-based database software and analytics company offering a platform to help companies operationalize their data.

Location:

Key people:

6

Funding Rounds

$366.0m

Money raised

NotCo is a food science company located in Santiago, Chile, making plant-based Greek yogurt, milk, cheese and mayonnaise, with the help of their artificial intelligence software called Giuseppe.

2

Funding Rounds

$15.4m

Money raised

Stratio is an AI-powered automation platform for transport companies.

Key people:

3

Funding Rounds

$32.3m

Money raised

Jscrambler is a client-side web security provider founded in 2014 by Pedro Fortuna.

Location:

Key people:

1

Funding Rounds

$1.5m

Money raised

Promptly is a company founded by Richard D. Titus.

3

Funding Rounds

$8.1m

Money raised

Apiax transforms complex regulations into digital compliance rules, which are constantly up-to-date and verified, accessible via an API.

Key people:

3

Funding Rounds

$344.3m

Money raised

Talkdesk is a software company that provides cloud-based call center software solution for enterprises.

2

Funding Rounds

$2.3m

Money raised

Attentive is a business intelligence company founded by Luís Miguel Braga, Pedro Araújo and Daniel Araújo.

8

Funding Rounds

$276.2m

Money raised

Feedzai is a San Mateo, California-based Information Technology & Services company.

Key people:

6

Funding Rounds

$52.1m

Money raised

Automated code review tool that helps developers save time and manage technical debt.

Location:

Key people:

2

Funding Rounds

$265.0k

Money raised

HealthyRoad is a company established in 2013 that has developed biometric software intended to improve driving safety.

6

Funding Rounds

$16.3m

Money raised

Aether biomedical is a medical robotics startup from Poland solving the critical problem of the lack of a bidirectional communication between assistive therapy devices and the human body,

6

Funding Rounds

$274.5m

Money raised

Dashlane is a password manager software company founded by Emmanuel Schalit, Alexis Fogel, Guillaume Maron and Jean Guillou.

Key people:

2

Funding Rounds

$8.9m

Money raised

Jungle AI helps improve the performance of electrical assets with tailored AI models.

Location:

Key people:

3

Funding Rounds

CRIAMTech is a company known for providing portable blood diagnostics devices for typing and disease control purposes.

Location:

1

Funding Rounds

$12.5m

Money raised

Clinical Research & Services

3

Funding Rounds

$84.0m

Money raised

Ordr Systems Control Engine. The first actionable AI-based systems control engine for the hyper-connected enterprise. You're in control.

1

Funding Rounds

$14.0m

Money raised

Trianz is a Management consulting and Information technology firm headquartered in Santa Clara, California, USA. The company was founded by Sri Manchala in 2001. The company has offices in the US and India.

Key people:

7

Funding Rounds

$495.0m

Money raised

Tonal is a company founded in 2015 by Aly Orady.

5

Funding Rounds

$42.5m

Money raised

Intelligent maintenance management platform.

Location:

Key people:

5

Funding Rounds

$7.2m

Money raised

Overstory.ai, formerly known as 20tree.ai, is a vertical SaaS company working to mitigate wildfires.

6

Funding Rounds

$6.6m

Money raised

YData is a synthetic data company with an artificial intelligence-driven data privacy platform that is intended to be used by data scientists.

5

Funding Rounds

$2.5m

Money raised

BladeInsight is a company with the commitment to allying powerful technological solutions with blade expertise for tailored industry-focused solutions.

4

Funding Rounds

$35.0m

Money raised

Baffle.io provides cloud database encryption for increased security.

3

Funding Rounds

$11.7m

Money raised

Platform enabling fast, precise, and affordable blood analysis at the point of care.

Location:

Key people:

2

Funding Rounds

$1.0m

Money raised

Muzzley is an artificial Intelligence company founded in 2012 by Domingos Bruges.

2

Funding Rounds

$67.0m

Money raised

Awake Security is a company that uses Analytics, Artificial Intelligence, and Machine Learning in innovative ways.

1

Funding Rounds

Veniam is a company offering high speed internet and smart city services through the deployment connected urban vehicle fleets.

1

Funding Rounds

$10.1m

Money raised

Platform enabling financial institutions to streamline their digital transformation through ready-to-use services.

1

Funding Rounds

$70.0m

Money raised

Alviere is a New York City-based company.

4

Funding Rounds

$2.1m

Money raised

Sterblue is a company developing drone software platform for industrial inspections.

1

Funding Rounds

$251.8k

Money raised

Uniplaces is a company founded in 2011 by Miguel Santo Amaro, Mariano Kostelec and Ben Grech.

Location:

Key people:

2

Funding Rounds

$9.3m

Money raised

Nutrium is a bringing nutrition professionals closer to their clients founded in 2015 by André Santos.

Location:

Key people:

3

Funding Rounds

$38.3m

Money raised

Coverflex is an employee benefits platform founded in 2019 by Luis Rocha, Miguel Santo Amaro, Nuno Pinto, Rui Carvalho and Tiago Fernandes.

Location:

Key people:

2

Funding Rounds

$60.2k

Money raised

Follow is an healthcare startup that offers solutions for orthopedic surgery.

1

Funding Rounds

$1.2m

Money raised

Didimo is a Leca da Palmeira-based developer of synthetic avatars for virtual interactions.

3

Funding Rounds

$4.3m

Money raised

TAIKAI is a company founded in 2018 by Mario Alves.

1

Funding Rounds

$28.0m

Money raised

Selector is a software company that provides AIOps platform for operational intelligence.

3

Funding Rounds

$10.7m

Money raised

Replai is a video intelligence platform that uses AI.

1

Funding Rounds

$250.0k

Money raised

Virtuleap is an improve Brain Health with VR founded in 2018 by Hossein Jalali, Amir Bozorgzadeh, Roland Dubois and Thomas Balouet.

Location:

Key people:

2

Funding Rounds

$16.9m

Money raised

kencko is a smart food company, reinventing organic fruit and vegetable products to help people eat healthier, and waste less.

2

Funding Rounds

$136.0m

Money raised

Ethena is a developer of the synthetic stablecoin USDe founded in 2023 by Guy Young.

Location:

Key people:

1

Funding Rounds

$750.0k

Money raised

Aptoide is a repository for android software founded in 2011 by Inês Rola.

3

Funding Rounds

$7.4m

Money raised

Biomedical technology designed to help people with physical limitations improve their quality of life.

3

Funding Rounds

$92.0m

Money raised

Enabling B2B companies to deliver the moments that matter at scale through data-driven direct mail and gifting.

2

Funding Rounds

$22.7m

Money raised

Sensei is a contactless retail technology solutions provider founded in 2017 by Vasco Portugal, Joana Rafael and Nuno Moutinho.

Location:

Key people:

1

Funding Rounds

$1.9m

Money raised

Cargofive is an OS platform for freight forwarders founded in 2018.

1

Funding Rounds

$2.4m

Money raised

Valispace is a company founded in 2016.

2

Funding Rounds

$15.9m

Money raised

Tonic App is a digital health platform for physicians founded in 2016.

1

Funding Rounds

$60.0k

Money raised

STAB VIDA is a company in Portugal.

2

Funding Rounds

$143.0m

Money raised

Platform providing tools to build real-time products on payment cards.

1

Funding Rounds

$2.2m

Money raised

Developer of bio-photonics and artificial intelligence technology designed to stratify patients for clinical trials. The company's technology uses a non-invasive, portable, inexpensive system to screen for Alzheimer's and other neurodegenerative diseases.

Location:

Key people:

1

Funding Rounds

$1.1m

Money raised

Doppio Games makes conversational games about people and their relationships.

Location:

Key people:

1

Funding Rounds

$2.5m

Money raised

Artificial Intelligence and customer insights company catering to the real estate industry

3

Funding Rounds

$552.2k

Money raised

Location Analytics SaaS designed to simplify the use of spatial data inside organizations.

4

Funding Rounds

$2.3m

Money raised

Pro-Drone is a Porto Salvo-based company founded in 2015 by André Moura.

1

Funding Rounds

$5.9m

Money raised

Chipidea is a company founded in 1986.

2

Funding Rounds

$3.2m

Money raised

Fintoc is a plaid for LATAM founded in 2020 by Cristobal Griffero.

Location:

Key people:

1

Funding Rounds

$5.4m

Money raised

No-code AI platform to build automation solutions for operations and customer care.

Location:

Key people:

1

Funding Rounds

$60.2k

Money raised

Nano4 Global, Lda is a Sintra-based company.

Location:

Key people:

2

Funding Rounds

$1.3m

Money raised

SaaS solution that captures data with near-perfect accuracy, no setup required, and charges based on usage.

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