Funded Startups in Portugal
The largest disclosed round in this Portugal list is Finerge’s $135M (2026-05-05), which dwarfs every other disclosed amount; the next-largest disclosed ro…
The largest disclosed round in this Portugal list is Finerge’s $135M (2026-05-05), which dwarfs every other disclosed amount; the next-largest disclosed round is BIZAY’s $56M (2026-07-07). Amounts are also highly clustered by time: most disclosed rounds fall between 2024-07-22 and 2026-07-07, with notable concentration in the recent half of the window (for example, $56M on 2026-07-07 and multiple disclosed rounds from 2026-05 and 2026-06). City concentration is visible as well, with Lisbon-based entries dominating overall presence (Lisbon appears 21 times; “Lisboa” adds 5 more instances), and multiple repeat locations also show up in a similar geography pattern (Coimbra appears 4 times). On disclosures, 35 of 50 rows include disclosed amounts and 15 of 50 are undisclosed, with the smallest disclosed amount at $10K (Oryxa AI, 2026-05-29). Sector/stage mix is uneven: “Artificial Intelligence (AI)” appears in multiple entries (e.g., Coalex.ai at $60K on 2026-06-19; Sensei at $16M on 2024-10-22; DOJO AI on 2026-04-22 and 2025-06-03), while “Series Unknown” shows up repeatedly across the latest rounds (e.g., Ethena on 2026-06-02 and AryaHub on 2026-04-01).
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Frequently asked
Which disclosed round stands out most, and how extreme is it versus the rest of the disclosed amounts?
Finerge’s $135M (2026-05-05) is an outlier, as the next-largest disclosed amount is BIZAY’s $56M (2026-07-07). The remaining top disclosed figures include Indie Campers at $31M (2025-05-20) and Oceano Fresco at $18M (2024-07-25), showing a steep drop-off after the first two disclosed rounds.
Are there clear temporal clusters among the most recent rounds?
Yes. The upper-tier disclosed amounts cluster across mid-2025 to mid-2026, including BIZAY’s $56M (2026-07-07), Finerge’s $135M (2026-05-05), Indie Campers’ $31M (2025-05-20), and Nutrium’s $12M (2025-09-17). Even the lower edge of disclosed funding appears in the latest period, such as Oryxa AI’s $10K on 2026-05-29.
Which cities look most over-represented, and does that pattern appear consistent across years?
Lisbon is the most frequent location category in the list, appearing 21 times, with “Lisboa” adding 5 more instances. This aligns with repeated multi-year activity for Lisbon/Lisboa-based companies like Sensei ($16M on 2024-10-22) and MedFacts ($50K on 2024-12-19) alongside very recent entries like BIZAY ($56M on 2026-07-07) and Augusta Labs (undisclosed on 2026-06-02).
How often are round amounts undisclosed, and what does that mean for interpreting largest/smallest comparisons?
Out of 50 rows, 35 have disclosed amounts and 15 are undisclosed. Comparisons like the smallest disclosed amount ($10K for Oryxa AI on 2026-05-29) and the largest disclosed amount ($135M for Finerge on 2026-05-05) apply only to the disclosed subset, so several meaningful rounds (e.g., QUADRANTE on 2026-07-06 and Emotion Mobility on 2025-09-18) can’t be ranked by amount.
Does the data show repeated sector concentration, particularly around AI?
Artificial Intelligence (AI) appears across multiple entries spanning different stages and years: Coalex.ai raised $60K (2026-06-19), DOJO AI appears at $6M (2026-04-22) and $1M (2025-06-03), and Sensei raised $16M (2024-10-22). That sector recurrence contrasts with many single-appearance sectors in the list.
What stage/label patterns complicate amount-based analysis, especially around “Series Unknown”?
“Series Unknown” shows up repeatedly across the recent entries (e.g., Ethena on 2026-06-02 with undisclosed amount and AryaHub on 2026-04-01 with undisclosed amount). Because “Series Unknown” can appear alongside both disclosed and undisclosed rounds (e.g., Oryxa AI is labeled Series Unknown with $10K on 2026-05-29), stage-based inference from amounts alone is limited in this dataset.
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