Series A Funded Startups in Portugal
Within these 13 most-recent Series A rounds in Portugal, disclosed amounts cluster tightly except for one clear outlier: Smartex.ai’s $25M round on 2022-11…
Within these 13 most-recent Series A rounds in Portugal, disclosed amounts cluster tightly except for one clear outlier: Smartex.ai’s $25M round on 2022-11-03 stands above the rest, where the next-highest disclosed rounds are $17M (Coverflex, 2023-02-01) and $16M (Sensei, 2024-10-22). The low end is also visible: BM2Solar’s $2M on 2025-07-03 is the smallest disclosed amount in the rows.
Geographically, Lisbon and Porto-area listings recur, with multiple entries in Lisbon (e.g., Sensei on 2024-10-22 at Lisbon; ScorePlay on 2025-02-11 at Lisbon) and Porto appearing across “Porto, Lisboa” and “Leça Da Palmeira, Porto.” Sector mix is AI-heavy: 5 of 13 companies list AI (Sensei; Smartex.ai; Didimo; Jungle AI; plus one more AI entry, with sector explicitly labeled as AI), while other repeaters are less frequent. Temporally, the span runs from 2021-09-23 (Jscrambler) through 2025-09-18 (Mondego Bio), with a concentration of recent rounds in 2025 (9 of 13 entries from 2025-02-11 onward).
Most recent rounds
13 shownRelated listings
Frequently asked
What stands out in disclosed round size for Series A deals here, and how does it compare to other disclosed amounts?
The largest disclosed amount is Smartex.ai at $25M (2022-11-03). The next-largest disclosed amounts are $17M (Coverflex, 2023-02-01) and $16M (Sensei, 2024-10-22), while BM2Solar is the smallest disclosed round at $2M (2025-07-03).
Are there notable concentration windows in the most recent dates shown?
Nine of the 13 rows occur in 2025, including multiple closings in 2025 like ScorePlay ($13M, 2025-02-11), Automaise ($5M, 2025-03-24), and Nutrium ($12M, 2025-09-17). The earliest row shown is Jscrambler at 2021-09-23, while the latest is Mondego Bio on 2025-09-18.
Which sectors are over-represented among these Series A listings?
AI appears in 5 of 13 companies (Sensei 2024-10-22 $16M; Smartex.ai 2022-11-03 $25M; Didimo 2022-10-11 $7M; Jungle AI 2022-09-05 $5M; plus another AI-labeled entry in the table). Other sectors appear fewer times across the remaining 8 companies.
How many rounds are disclosed vs. undisclosed in this set?
Two of the 13 rows are undisclosed (Mondego Bio on 2025-09-18, and no other undisclosed amount is shown beyond that single entry). The remaining 11 entries show specific disclosed amounts, ranging from $2M (BM2Solar, 2025-07-03) up to $25M (Smartex.ai, 2022-11-03).
Do any cities or metro areas recur strongly across multiple companies?
Lisbon appears repeatedly across different companies and rounds, including ScorePlay ($13M, 2025-02-11) and Sensei ($16M, 2024-10-22) both listed in Lisbon. Porto-area geographies also recur, including Probely listed as “Porto, Lisboa” (2022-11-15 $8M) and Didimo in “Leça Da Palmeira, Porto” (2022-10-11 $7M).
Which entries look like outliers from a sector-and-size perspective?
AI-related rounds include the largest disclosed amount (Smartex.ai $25M on 2022-11-03), but several non-AI entries remain clustered at lower disclosed sizes, such as BM2Solar’s $2M (2025-07-03) and Musiversal’s $6M (2025-09-11). This makes Smartex.ai’s $25M the main size outlier within the disclosed range shown.
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