Startup funding in Portugal
73 funding rounds for startups in Portugal were tracked in the last 24 months, raising about €1.4B in total. The largest was TEKEVER at €508M. Data to 2026-10-12.
73Rounds
€1.4BRaised
See these rounds on the map or search the full table.
Stages
Top sectors
Largest rounds
| Company | Amount | Stage | Date | Source |
|---|---|---|---|---|
| TEKEVER | €508M | Series D+ | 2026-09-23 | link |
| Greenvolt | €150M | Growth/Late | 2025-08-01 | link |
| Greenvolt | €125M | Other | 2024-12-20 | link |
| TEKEVER | €70.0M | Other | 2024-11-20 | link |
| Feedzai | €63.9M | Other | 2025-10-03 | link |
| Bizay | €48.1M | Series D+ | 2026-07-07 | link |
| Sword Health | €34.6M | Other | 2025-06-17 | link |
| Bloq.it | €28.0M | Series B | 2025-05-28 | link |
| Indie Campers | €27.5M | Other | 2025-05-21 | link |
| Hercules AI | €26.8M | Series B | 2025-01-02 | link |
Most active investors
- Indico Capital Partners · 11 rounds
- Lince Capital · 9 rounds
- Iberis Capital · 8 rounds
- Explorer Investments · 6 rounds
- Armilar · 5 rounds
Latest rounds
| Date | Company | Amount | Stage | Source |
|---|---|---|---|---|
| 2026-10-01 | FRANK | €2.9M | Seed | link |
| 2026-09-28 | Humanos | €2.8M | Seed | link |
| 2026-09-28 | Granite | €4.0M | Other | link |
| 2026-09-24 | Usawa Care | €2.6M | Seed | link |
| 2026-09-23 | TEKEVER | €508M | Series D+ | link |
| 2026-09-15 | DeskAmigo | €350K | Pre-Seed | link |
| 2026-09-08 | Hope Care | €6.0M | Series A | link |
| 2026-08-10 | GalgoSheets | €150K | Other | link |
| 2026-08-05 | Neuraspace | €15.6M | Other | link |
| 2026-07-07 | Bizay | €48.1M | Series D+ | link |
| 2026-07-03 | BRAINR | €1.5M | Seed | link |
| 2026-06-22 | Coalex.ai | n/d | Other | link |
| 2026-06-10 | Augusta Labs | n/d | Other | link |
| 2026-05-11 | PFx Biotech | n/d | Other | link |
| 2026-05-11 | Savearth | €400K | Other | link |
| 2026-05-07 | Pollen | €3.2M | Other | link |
| 2026-05-04 | Ekiden | €1.7M | Seed | link |
| 2026-05-04 | merytu | €1.5M | Other | link |
| 2026-04-22 | Dojo AI | €5.1M | Seed | link |
| 2026-04-22 | GovHorizon | €292K | Other | link |
| 2026-04-10 | EIGHT | €256K | Seed | link |
| 2026-03-11 | Sybilion | €3.6M | Seed | link |
| 2025-12-03 | Spotlite | €3.5M | Seed | link |
| 2025-11-13 | Seedsight | €1.8M | Other | link |
| 2025-10-27 | SeaForester | €1.6M | Other | link |
Frequently asked questions
- How much funding did startups in Portugal raise in the last 24 months?
- Across 73 tracked rounds, startups in Portugal raised about €1.4B in total (amounts normalised to EUR). Data runs to 2026-10-12.
- What was the largest funding round for startups in Portugal?
- TEKEVER raised €508M (Series D+) on 2026-09-23.
- Which investors are most active in startups in Portugal?
- By number of tracked rounds: Indico Capital Partners (11), Lince Capital (9), Iberis Capital (8), Explorer Investments (6), Armilar (5). Investor names are only available for rounds where the source disclosed them.
- Which sectors raise the most rounds for startups in Portugal?
- Software (23), AI (8), Cleantech (5), Healthtech (4), by number of rounds.
- Where does this data come from?
- Rounds come from the Tech.eu Funding Explorer (Europe, CC BY 4.0), startup news feeds read by an AI model, and SEC EDGAR Form D filings in the US. Europe has the deepest coverage, so totals for other regions are likely understated. Check the linked source before relying on any figure.