Recently Funded Startups in Portugal (Aug-2025)
Last Updated: 28-Aug-2025
Portugal’s startup ecosystem is rapidly evolving, marked by a vibrant community of innovators and entrepreneurs. With a total of 104 startups tracked, the country has seen a surge in funding activity, particularly in prominent sectors such as Financial Services, Community and Lifestyle, and Sports. The dynamic landscape of these industries showcases the potential of Portuguese startups to attract significant investments, which further fuels economic growth and technological advancements.
In 2025 alone, 13 startups have successfully raised funding, amounting to a total of over $108 million, indicating a robust interest from investors in the region’s entrepreneurial potential. The largest deal this year was secured by Ethena, which raised $36 million, reflecting a strong appetite for innovative solutions in key industries. As the startup ecosystem continues to mature, the diverse range of funded ventures highlights the growing emphasis on technology, apps, and AI-driven solutions in Portugal’s economic landscape.
Funding Highlights
- Total number of startups tracked: 104
- Number of startups that raised funding last year: 32
- Number of startups that raised funding this year: 13
- Total funding raised this year so far: $108,242,900
- Largest deal: Ethena, Series Unknown, $36,000,000
- Top industries by funding amount: Financial Services – $36,000,000; Community and Lifestyle – $31,000,000; Sports – $13,000,000
- Top industries by number of deals this year: Apps – 2 deals; Administrative Services – 1 deal; Artificial Intelligence (AI) – 1 deal
Full List of Recently Funded Startups in Portugal
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Vita325 | Lisbon | Portugal | Series Unknown | $50K | 2025-08-19 | Apps |
| BM2Solar | Lisbon | Portugal | Series A | $2.4M | 2025-07-03 | Energy |
| Glartek | Leiria | Portugal | Series Unknown | $2.4M | 2025-07-03 | Administrative Services |
| Equivalence | Lisboa | Portugal | Series Unknown | $138.8K | 2025-06-17 | Internet Services |
| DOJO AI | Lisbon | Portugal | Pre-Seed | $1M | 2025-06-03 | Artificial Intelligence (AI) |
| Litehaus | Lisbon | Portugal | Pre-Seed | $1.7M | 2025-05-21 | Manufacturing |
| Indie Campers | Póvoa De Santa Iria | Portugal | Series Unknown | $31M | 2025-05-20 | Community and Lifestyle |
| OSCAR | Lisbon | Portugal | Seed | $6.8M | 2025-05-02 | Apps |
| Automaise | Braga | Portugal | Series A | $5.4M | 2025-03-24 | Information Technology |
| Ethena | Lisbon | Portugal | Series Unknown | $36M | 2025-03-12 | Financial Services |
| 8000Kicks | Lisbon | Portugal | Series Unknown | $104.1K | 2025-02-20 | Clothing and Apparel |
| LoopOS | Coimbra | Portugal | Seed | $3.1M | 2025-02-17 | Software |
| Jscrambler | Porto | Portugal | Series Unknown | $5.2M | 2025-02-12 | Apps |
| ScorePlay | Lisbon | Portugal | Series A | $13M | 2025-02-11 | Sports |
| MedFacts | Lisbon | Portugal | Pre-Seed | $50K | 2024-12-19 | Artificial Intelligence (AI) |
| CASAFARI | Lisbon | Portugal | Series Unknown | $5.2M | 2024-11-27 | Data and Analytics |
| 2qlicks | Évora | Portugal | Series Unknown | Undisclosed | 2024-11-12 | Sales and Marketing |
| Hoopers | Lisboa | Portugal | Seed | $2.3M | 2024-11-08 | Community and Lifestyle |
| pleez | Lisboa | Portugal | Series Unknown | $3M | 2024-11-06 | Apps |
| DOJO AI | Lisbon | Portugal | Angel | $1M | 2024-11-01 | Artificial Intelligence (AI) |
| Sensei | Lisbon | Portugal | Series A | $16M | 2024-10-22 | Artificial Intelligence (AI) |
| Corium Biotech | Porto | Portugal | Pre-Seed | $547.1K | 2024-10-13 | Biotechnology |
| PluggableAI | Braga | Portugal | Seed | $1.9M | 2024-09-17 | Artificial Intelligence (AI) |
| Beam | Lisbon | Portugal | Series B | Undisclosed | 2024-07-31 | Commerce and Shopping |
| Oceano Fresco | Mira | Portugal | Series Unknown | $18.4M | 2024-07-25 | Food and Beverage |
| Sqill | Lisboa | Portugal | Seed | $2.2M | 2024-07-22 | Content and Publishing |
| Eneida | Coimbra | Portugal | Series B | $11.4M | 2024-07-05 | Artificial Intelligence (AI) |
| STAGE | Lisbon | Portugal | Seed | $2.4M | 2024-06-14 | Information Technology |
| OSCAR | Lisbon | Portugal | Series Unknown | $6.5M | 2024-05-29 | Apps |
| Unlockit | Lisboa | Portugal | Pre-Seed | $1.5M | 2024-05-23 | Real Estate |
| Checkfirst | Lisboa | Portugal | Pre-Seed | $1.5M | 2024-05-08 | Commerce and Shopping |
| Musiversal | Lisbon | Portugal | Series Unknown | $1.3M | 2024-05-01 | Commerce and Shopping |
| Tonic App | Porto | Portugal | $11.8M | 2024-03-26 | Data and Analytics | |
| Cargofive | Lisboa | Portugal | $2.7M | 2024-03-26 | Information Technology | |
| Vawlt | Lisbon | Portugal | $2.4M | 2024-03-12 | Internet Services | |
| Zeoos | Lisboa | Portugal | $1.1M | 2024-03-05 | Commerce and Shopping | |
| Ubirider | Porto | Portugal | $2M | 2024-03-04 | Information Technology | |
| sheerME | Paço De Arcos | Portugal | $2.8M | 2024-03-01 | Commerce and Shopping | |
| Connected | Coimbra | Portugal | Pre-Seed | $2.2M | 2024-02-20 | Science and Engineering |
| Ethena | Lisbon | Portugal | Seed | $14M | 2024-02-16 | Financial Services |
| ETHIACK | Coimbra | Portugal | Series Unknown | Undisclosed | 2024-02-15 | Information Technology |
| WEEZIE | Porto | Portugal | Seed | $3.2M | 2024-02-06 | Administrative Services |
| Enline | Mirandela | Portugal | Seed | $3.8M | 2024-01-17 | Energy |
| Primetag | Aveiro | Portugal | Series Unknown | $3.8M | 2024-01-11 | Advertising |
| QUADRANTE | Boavista | Portugal | Series Unknown | Undisclosed | 2024-01-10 | Real Estate |
| Full Venue | Porto | Portugal | Seed | $2.2M | 2024-01-09 | Artificial Intelligence (AI) |
| BIZAY | Torres Vedras | Portugal | Series C | $19.8M | 2023-12-22 | Commerce and Shopping |
| Hope Care | Óbidos | Portugal | Series Unknown | Undisclosed | 2023-11-22 | Health Care |
| LUGGit | Ílhavo | Portugal | Seed | $2M | 2023-11-21 | Internet Services |
| Aptoide | Lisboa | Portugal | Series Unknown | $9.1M | 2023-11-09 | Apps |
| BHOUT | Lisboa | Portugal | Seed | $10.7M | 2023-11-09 | Health Care |
| The Next | Lisbon | Portugal | Pre-Seed | Undisclosed | 2023-11-01 | Financial Services |
| Nortech AI | Lisbon | Portugal | Seed | $2.6M | 2023-10-23 | Information Technology |
| AlphaGuilty | Lisbon | Portugal | Pre-Seed | $300K | 2023-10-01 | Advertising |
| GAM3S.GG | Lisbon | Portugal | Seed | $2M | 2023-09-07 | Apps |
| Finerge | Matosinhos | Portugal | Series Unknown | Undisclosed | 2023-08-04 | Energy |
| ScorePlay | Lisbon | Portugal | Seed | $5M | 2023-07-25 | Sports |
| MyCareforce | Lisbon | Portugal | Seed | $1.3M | 2023-07-24 | Administrative Services |
| Ethena | Lisbon | Portugal | Seed | $6M | 2023-07-17 | Financial Services |
| Beam | Lisbon | Portugal | Series B | $27M | 2023-07-01 | Commerce and Shopping |
| HiJiffy | Lisbon | Portugal | Series Unknown | $2.7M | 2023-06-21 | Travel and Tourism |
| Cargofive | Lisboa | Portugal | Seed | $1.9M | 2023-06-06 | Information Technology |
| Akurateco | Santarém | Portugal | Seed | $300K | 2023-06-01 | Financial Services |
| noytrall | Coimbra | Portugal | Series Unknown | Undisclosed | 2023-06-01 | Software |
| Explor | Bragança | Portugal | Series Unknown | Undisclosed | 2023-05-09 | Travel and Tourism |
| Bighub | Lisboa | Portugal | Series Unknown | Undisclosed | 2023-05-09 | Commerce and Shopping |
| R3chain | Lisbon | Portugal | Series Unknown | Undisclosed | 2023-05-09 | Environmental Quality Programs |
| Livuvo | Lisboa | Portugal | Series Unknown | Undisclosed | 2023-05-09 | Commerce and Shopping |
| Hollow | Porto | Portugal | Series Unknown | Undisclosed | 2023-05-09 | Education |
| Wonk | Lisbon | Portugal | Series Unknown | Undisclosed | 2023-05-09 | Advertising |
| Musiversal | Lisbon | Portugal | Seed | $1.9M | 2023-05-01 | Commerce and Shopping |
| Reviewpad | Porto | Portugal | Pre-Seed | $1.1M | 2023-04-27 | Software |
| Avenidas | Lisboa | Portugal | Series Unknown | $109.2K | 2023-04-11 | Transportation |
| AssetFloow | Lisbon | Portugal | Series Unknown | $1.6M | 2023-04-06 | Artificial Intelligence |
| Visor.ai | Lisbon | Portugal | Series Unknown | $4.7M | 2023-03-10 | Artificial Intelligence |
| Coverflex | Braga | Portugal | Series A | $16.5M | 2023-02-01 | Administrative Services |
| GoParity | Lisbon | Portugal | Seed | $2.2M | 2023-01-16 | Financial Services |
| Viveel | Lisbon | Portugal | Pre-Seed | $105.2K | 2023-01-05 | Information Technology |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Portugal?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Portugal raised funding this year and last year?
13 startups raised funding in Portugal so far this year and 32 raised funding last year; we track 104 startups in total.
Q3. Which industries are attracting the most funding in Portugal this year?
Financial Services leads with $36,000,000, followed by Community and Lifestyle with $31,000,000, and Sports with $13,000,000.
Q4. Which industries have the most deals in Portugal this year?
By deal count the top sectors are Apps (2 deals), Administrative Services (1 deal), and Artificial Intelligence (AI) (1 deal).
Q5. How can I connect with these startups in Portugal?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
