Portugal's Startup Ecosystem

A comprehensive overview of Portugal's thriving startup landscape and innovation hubs

2,800+
Active Startups
€1.1B
Total Investment (2023)
7
Unicorns
40+
Incubators

Major Startup Hubs

Lisbon

🏢 1,200+ startups
💻 150+ tech companies
🎓 15 incubators

Porto

🏢 800+ startups
💻 100+ tech companies
🎓 12 incubators

Braga

🏢 300+ startups
💻 50+ tech companies
🎓 5 incubators

Leading Industries

💻

Fintech

25% of total startups

🤖

AI & Machine Learning

20% of total startups

🌱

Cleantech

15% of total startups

🏥

Healthcare Tech

12% of total startups

Growth & Investment

📈 Investment Growth

46% year-over-year increase in total investment volume, with foreign investors contributing 65% of funding rounds.

🌍 International Expansion

73% of Portuguese startups are actively expanding internationally, with primary focus on European and US markets.

👥 Talent Pool

130,000+ tech professionals, with 15% annual growth in available tech talent.

🎓 Education Pipeline

9,000+ STEM graduates annually, with 40% specializing in computer science and engineering.

Data sources: Startup Portugal, IAPMEI, Web Summit, Portugal Fintech Report 2023

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