FundedIQ

Funded Startups in Porto

Across the 12 most recent Porto-area funding entries, the largest disclosed round is Smartex.ai’s $25M (Series A) on 2022-11-03; every other disclosed amou…

Across the 12 most recent Porto-area funding entries, the largest disclosed round is Smartex.ai’s $25M (Series A) on 2022-11-03; every other disclosed amount shown falls at $12M or below (e.g., Tonic App $12M on 2024-03-26, Probely $8M on 2022-11-15), making Smartex.ai a clear disclosed outlier versus the rest. Smaller rounds cluster in the 2024–Q1 to early-2024 window: five entries with disclosed amounts close between 2024-01-09 and 2024-03-26 (Full Venue $2M on 2024-01-09, Mindera $2M appears earlier than that at 2022-06-03 but the 2024 set includes WEEZIE $3M on 2024-02-06, Ubirider $2M on 2024-03-04, and Tonic App $12M on 2024-03-26, plus Jscrambler $5M on 2025-02-12 outside that window). Sector and stage mix skew toward software/IT and early-stage labels: 4 of 12 entries include AI/Data/Apps/Software/IT under their stated categories (Full Venue, Smartex.ai, Jscrambler, Tonic App, Ubirider, Reviewpad, plus WEEZIE as admin services), while 6 of 12 disclose an early-stage or pre-seed label (Corium Biotech Pre-Seed $550K on 2024-10-13, Reviewpad Pre-Seed $1M on 2023-04-27, WEEZIE Seed $3M on 2024-02-06, Full Venue Seed $2M on 2024-01-09, and two Series A entries including Smartex.ai $25M on 2022-11-03 and Probely $8M on 2022-11-15). Date range spans 2022-06-03 (Mindera, $2M debt financing) through 2025-02-12 (Jscrambler, $5M), with one “undisclosed” amount (Hollow on 2023-05-09).

Most recent rounds

12 shown

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Frequently asked

Which disclosed round is the outlier in this Porto list, and how far above the rest is it?

Smartex.ai’s $25M (Series A) on 2022-11-03 is the only disclosed amount above $12M in the rows shown; the next-highest disclosed amounts are Tonic App’s $12M (2024-03-26) and Smartex.ai’s same-round peers at $8M or below (e.g., Probely $8M on 2022-11-15).

Do most of the rounds cluster in a particular time window, or are they evenly spread across the two-plus years?

There’s a noticeable concentration in early 2024: four disclosed rounds fall between 2024-01-09 and 2024-03-26 (Full Venue $2M, WEEZIE $3M, Ubirider $2M, Tonic App $12M). Outside that, entries resume with Jscrambler on 2025-02-12 ($5M) and earlier rounds extending back to 2022-06-03 (Mindera $2M).

Are there specific sectors that repeat, and do they drive the higher disclosed amounts?

AI and adjacent software/data categories appear multiple times (Full Venue “Artificial Intelligence (AI)” Seed $2M on 2024-01-09; Smartex.ai “Artificial Intelligence (AI)” Series A $25M on 2022-11-03; Tonic App “Data and Analytics” $12M on 2024-03-26; Reviewpad “Software” Pre-Seed $1M on 2023-04-27). The largest disclosed amount is in that AI/adjacent cluster via Smartex.ai’s $25M.

Which stage labels dominate, and what share of entries fall into early/pre-seed versus later categories?

Early/pre-seed labels account for 5 of 12 entries: Corium Biotech Pre-Seed $550K (2024-10-13), Reviewpad Pre-Seed $1M (2023-04-27), WEEZIE Seed $3M (2024-02-06), Full Venue Seed $2M (2024-01-09), and Jáchegou Seed $50K (2022-12-01). Later-stage labels shown are Series A for Smartex.ai ($25M, 2022-11-03) and Probely ($8M, 2022-11-15), plus one Debt Financing entry (Mindera $2M on 2022-06-03).

Are there any disclosed-vs-undisclosed patterns that affect comparisons across the list?

Only one row is “undisclosed” (Hollow on 2023-05-09), so most cross-row comparisons rely on disclosed amounts. The smallest disclosed amount is Jáchegou’s $50K on 2022-12-01, while the median disclosed level is constrained by multiple mid-single-digit rounds (e.g., Ubirider $2M and Mindera $2M, WEEZIE $3M, Jscrambler $5M).

Do the entries concentrate around a single named geographic area, or does the city naming vary within Porto?

All 12 rows list the same city pairing—“Porto, Lisboa, Portugal”—with no other city strings shown in the listing fields. That consistency means the geographic pattern here is concentration rather than variation.

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