Portugal
European tech funding profile
Total funding
€3.4B
disclosed, € normalized
Funding rounds
338
Companies
255
Named investors
524
Exits
40
Funding over time
2010–2026 · 2026 YTD — € raised vs roundsTop performing sectors
by € raised| Energy | €932M | |
| Software | €648M | |
| Transportation | €471M | |
| Healthtech | €270M | |
| Proptech | €161M | |
| E-commerce | €101M |
Fastest growing sectors
2025 vs 2024 by € raised| Wellness & Beauty | ▲ +140.0% |
| E-commerce | ▲ +75.0% |
| Healthtech | ▲ +32.1% |
| Energy | ▲ +25.2% |
| Marketing | ▼ -7.3% |
| Software | ▼ -17.4% |
Top sectors
by deal countStage mix
by € raisedTop deals
largest disclosed rounds| Company | Stage | Date | Amount |
|---|---|---|---|
| TagEnergy | Debt | Jun 2023 | €570M |
| OutSystems | Other | Jan 2018 | €289M |
| Powerdot | Other | Aug 2024 | €165M |
| Power Dot | Other | May 2022 | €150M |
| Greenvolt | Growth/Late | Aug 2025 | €150M |
| Sword Health | Series D+ | Nov 2021 | €145M |
| Greenvolt | Other | Dec 2024 | €125M |
| casafari | Series A | Jul 2021 | €101M |
| Powerdot | Other | Feb 2024 | €100M |
| TEKEVER | Other | Nov 2024 | €70M |
Top investors
named, by deal count| Portugal Ventures | 41 |
| Indico Capital Partners | 30 |
| Lince Capital | 25 |
| Iberis Capital | 21 |
| Shilling VC | 20 |
| Caixa Capital | 14 |
| Caixa Capital (Portugal) | 14 |
| Armilar Venture Partners | 12 |
| GED Ventures Portugal | 11 |
| Faber | 11 |
Top cities
by € raised| Lisbon | €2.2B | 176 | |
| Porto | €481M | 69 | |
| Torres Vedras | €75M | 5 | |
| Braga | €31M | 14 | |
| Aveiro | €27M | 5 | |
| Coimbra | €22M | 8 | |
| Porto Salvo | €21M | 3 | |
| Mira | €20M | 2 |