Portugal's Startup Ecosystem

Explore the vibrant innovation landscape driving entrepreneurship in Portugal

4,719
Active Startups
€2.5B
Total Investment (2024)
10
Unicorns
150+
Incubators

Major Startup Hubs

🏙️ Lisbon

🏢 2,000+ startups
💻 200+ tech companies
🚀 20 incubators
💰 €1.8B investment

🏙️ Porto

🏢 1,200+ startups
💻 150+ tech companies
🚀 15 incubators
💰 €450M investment

🏙️ Braga

🏢 500+ startups
💻 80+ tech companies
🚀 8 incubators
💰 €120M investment

Leading Industries

💰

Fintech

20% of startups (940+)

€480M investment in 2024

🤖

AI & Machine Learning

15% of startups (700+)

€375M investment in 2024

⚕️

Healthcare Tech

10% of startups (470+)

€250M investment in 2024

🌱

Cleantech

10% of startups (470+)

€225M investment in 2024

☁️

SaaS & Enterprise

12% of startups (560+)

€300M investment in 2024

🛒

E-commerce & Retail

8% of startups (380+)

€190M investment in 2024

Growth & Innovation

📈 Investment Growth

148% increase in 2024 (€2.5B), with 65% from foreign investors. Top countries include US, UK, Germany, and Spain.

🌐 International Expansion

80% of startups target EU, US, and Portuguese-speaking markets. 35% have opened international offices within 3 years of founding.

👥 Talent Pool

140,000+ tech professionals, 15% annual growth, 1,000+ via Tech Visa. Remote talent programs attracting global workforce.

🎓 Education Pipeline

9,500+ STEM graduates annually, 40% in tech fields. Strong university-industry partnerships driving innovation.

Why Portugal?

💸 Incentives

Zero crypto tax, Startup Visa, and competitive stock options tax regime. €200M Venture Capital funds supported by Portugal 2030.

📍 Strategic Location

Access to 300M Portuguese-speaking and 500M EU markets. Gateway between Europe, Americas, and Africa.

📅 Events & Community

Web Summit (80,000+ attendees), Portugal Tech Week (300+ events), and 50+ regular tech meetups across the country.

⭐ Success Stories

Recent funding rounds: Bloop (€1.3M), DOJO AI (€816K), Storming Universe (€690K). Unicorns include Farfetch, Feedzai, and Talkdesk.

Join the ecosystem via Startup Portugal or IAPMEI to access support programs and funding opportunities.

Data sources: Startup Portugal, IAPMEI, Web Summit, Armilar Venture Partners, Portugal Fintech Report 2024/2025.