Top Fast-Growing Porto Startups to Watch [2023]

Have you ever wondered who is on the list of companies with the highest growth rates in Porto?

You’re not alone.

There are hundreds of companies founded there, and it can be challenging to keep track of the hottest new startups.

But don’t worry, we’ve got you covered. Here are the top 78 fast-growing startups in Porto that have top-tier venture capital funding.

Top 78 Fastest-Growing Startups In Porto

1) Replai

Replai uses artificial intelligence to help the world’s top esports brands grow their fan bases.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,300,000

You can find their website here.

2) Barkyn

For pets, an all-inclusive subscription is available.

Details of the startup:

• Started in: 2017
• Founders: Andre Jordao
• Industries: E-Commerce, Internet
• Number of employees: 11-50
• Funding amount: $12,376,357
• Number of funding rounds: 5
• Number of investors: 7

You can find their website here.

3) Infraspeak

Facility management software from Infraspeak speeds up and simplifies the process of registering and transmitting data.

Details of the startup:

• Started in: 2015
• Founders: Felipe Ávila da Costa, Luís Martins
• Industries: Communication Hardware, Information Technology, Software
• Number of employees: 51-100
• Funding amount: $5,441,117
• Number of funding rounds: 3
• Number of investors: 7

You can find their website here.

4) MyDidimo

MyDidimo aims to make technology more human by minimizing digital isolation.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $7,608,339

You can find their website here.

5) TAIKAI

We are a decentralized platform that allows businesses, entrepreneurs, and students to work on industry-specific problems.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $408,187

You can find their website here.

‍6) Didimo

Didimo is the world’s top platform for creating high-fidelity, user-based digital human avatars automatically.

Details of the startup:

• Started in: 2016
• Founders: Veronica Costa Orvalho
• Industries: 3D Technology, Artificial Intelligence, Computer, Digital Entertainment, Information Technology, Software, Virtual Reality
• Number of employees: 11-50
• Funding amount: $8,778,982
• Number of funding rounds: 6
• Number of investors: 12

You can find their website here.

7) TonicApp

Tonic App is a medical doctor’s professional smartphone app.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,881,673

You can find their website here.

8) Jscrambler

Jscrambler is the most popular client-side security solution for protecting JavaScript and monitoring webpages in real time.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,300,000

You can find their website here.

9) Platforme

Platforme is the new industry standard for custom manufacturing (MTO).

Details of the startup:

• Number of employees: 11-50
• Funding amount: $16,635,984

You can find their website here.

10) Switch

Switch offers the technical foundation for transaction orchestration throughout the payment value chain.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $6,400,000

You can find their website here.

11) oko

Platform for Newsrooms to Collect Productivity Tools

Details of the startup:

• Number of employees: 1-10
• Funding amount: $530,411

You can find their website here.

12) Nonius Hospitality Technology

Manufacturer and service provider of hospitality technology.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $8,129,323

You can find their website here.

13) Xhockware

Xhockware is a start-up that provides unique retail solutions and brings online goods into real stores.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $4,526,623

You can find their website here.

14) Bandora Systems

Bandora is a company that specializes in artificial intelligence for commercial buildings.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $374,500

You can find their website here.

15) beamian

beamian is a platform for event management.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $906,199

You can find their website here.

16) Wegho

Wegho allows you to hire high-quality home and family services on demand.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,943,567

You can find their website here.

17) Fibersail

Fibersail is a Portuguese business that aims to make wind turbine essential structures smarter and safer.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $721,527

You can find their website here.

18) proGrow

proGrow combines all production data from several sources into a single, easy-to-use platform.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $2,230,470

You can find their website here.

‍19) FASTinov

FASTinov is an R&D intensive Startup with a patented disruptive technology to perform fast and reliable antimicrobial susceptibility tests.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $3,527,491

You can find their website here.

20) WEEZIE

WEEZZIE creates FIBERCLOUDTM, a simple, smart, and quick WEB and mobile solution for fiber network planning, design, and management.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $600,109

You can find their website here.

‍21) G.AI.A

A CRM software that uses AI and powerful machine learning algorithms to produce targeted campaigns.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $530,000

You can find their website here.

22) Cubo

The CUBO concept was created in order to supply high-quality water to a population that had previously been without distribution infrastructure.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $961,824

You can find their website here.

‍23) HUUB

HUUB is using technology to democratize Supply Chain by allowing Fashion Brands to manage their physical and data flows in a single ecosystem.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $6,646,219

You can find their website here.

24) B-PARTS.com

B-Parts is the only online platform dedicated to the commercialization of used parts for experts in the automobile industry.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $884,474

You can find their website here.

25) Pick – Ubirider

Transportation-as-a-service, which incorporates a smartphone app, is gaining popularity. Ubirider is a service that allows you to schedule door-to-door urban excursions and pay as you go.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $50,000

You can find their website here.

26) nBanks

Clients’ First Bank. Accounts in aggregate. All financial goods are compared. Take control of banking talks. That time has here.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $234,407

You can find their website here.

27) GFoundry

GFoundry is a B2B SaaS product that provides the best multiplatform gamification software to engage and motivate your staff and consumers.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $410,787

You can find their website here.

28) I2S

I2S Insurance is an IT firm that specializes in the design, development, and deployment of software for the insurance industry.

Details of the startup:

• Number of employees: 251-500
• Funding amount: $55,291

You can find their website here.

‍29) AirCourts

In Portugal, AirCourts is the leading software provider for sports clubs. We reside in more than 750 facilities and serve a community of 180K athletes.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $108,582

You can find their website here.

30) Nex

Nex develops web applications to solve difficulties for customers.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $300,000

You can find their website here.

31) Last2Ticket

Last2Ticket provides versatile e-ticketing solutions and skilled services to digital-age event organizers.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $82,941

You can find their website here.

32) Medical Port

Medical Port is the world’s first genuinely global medical tourism organizer.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $607,526

You can find their website here.

33) Mater Dynamics

For product traceability and quality management, Mater Dynamics creates smart food packaging.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $54,543

You can find their website here.

34) Worten

Home appliances, consumer goods, and entertainment are all available at Worten.

Details of the startup:

• Number of employees: 51-100

You can find their website here.

35) Portal da Queixa

Portal da Queixa is Portugal’s largest consumer social network.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $76,936

You can find their website here.

36) Sonae

Sonae is a worldwide organization that manages a diverse range of businesses.

Details of the startup:

• Number of employees: 10001

You can find their website here.

37) Smartex

Smartex is an engineered solution to help textile manufacturers improve production yields, by reducing defective output to close to 0 percent .

Details of the startup:

• Number of employees: 1-10

You can find their website here.

38) BIAL

The objective of BIAL is to find, develop, and deliver new therapeutic solutions in the field of health.

Details of the startup:

• Number of employees: 501-1000

You can find their website here.

39) EQS Global

EQS Global is a service provider specializing in the management of critical assets throughout their lifecycle.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $56,511

You can find their website here.

40) Neobux

NeoBux is a loyalty and rewards program that connects content creators with their target audience.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

41) Helppier

Helppier is a web-based support solution that allows businesses to generate interactive tutorials and tooltips.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

42) AddVolt

AddVolt provides a non-invasive, intelligent and connected solution which saves up to 87 percent of diesel consumption and CO2 emissions in trucks.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

43) Aveleda

Aveleda is a global wine firm dedicated to producing high-quality wines for both domestic and international markets.

Details of the startup:

• Funding amount: $55,691

You can find their website here.

44) Signinum

Signinum specializes in cultural heritage conservation, restoration, and rehabilitation.

Details of the startup:

• Funding amount: $52,647

You can find their website here.

45) Codavel

Codavel improves content delivery for mobile apps by using software to solve problems that infrastructure can’t.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

46) Abyssal

Abyssal is a company that creates integrated subsea navigation systems for remotely operated vehicles (ROVs).

Details of the startup:

• Number of employees: 11-50

You can find their website here.

47) Mota-Engil

The Mota-Engil Group has been a leader in the construction and public works industries in Portugal for 65 years.

Details of the startup:

• Number of employees: 10001

You can find their website here.

48) WeTek

Passionate creator of IPTV/OTT solutions and smart TV boxes with embedded DVB experience running on Android.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

49) Invisible Collector

The Invisible Collector is a receivables relationship agent that connects creditors and debtors.

You can find their website here.

50) Natapura Black & Yellow

Portuguese delicacy promotion and sales on a global scale Natas Pastel

Details of the startup:

• Number of employees: 1-10

You can find their website here.

51) SMARTWATT

SMARTWATT is a services firm that specializes in energy system solutions.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

52) BySide

The firm in charge of lead activation. Real-time customisation, automation, and multichannel contacts are all possible with this multi-touchpoint integrated platform.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

53) InovRetail

Inovretail is a Predictive Analytics firm that assists retailers in forecasting promotional impact, stockouts, and sales baselines.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

54) Aditus

Aditus is a team accessibility tool.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

55) Shelf.AI

Shelf.AI will enable merchants to engage with customers in a genuinely personalized purchasing experience by bringing AI to e-commerce.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

56) Azitek

Azitek is working on a low-cost RFID technology that can be used for interior and outdoor localization.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

57) Connect Robotics

Connect Robotics is now performing BVLOS (Beyond Visual Line of Sight) autonomous drone deliveries in Portugal.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

58) Mastters

Mastters is an online service that allows customers to search for jobs and hire specialists in a variety of fields.

You can find their website here.

59) BondLayer

The next-generation #nocode tool for creating and distributing business Apps and Sites.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

60) Nimest Tech

Nimest Tech is a travel aide that uses artificial intelligence, augmented reality, and storytelling approaches.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

61) IT Sector

ITSector is a Portuguese software development company that aims to give high-value solutions to the IT market.

Details of the startup:

• Number of employees: 251-500

You can find their website here.

‍62) Nemobile Applications Worldwide

Become an AI-driven company, empower your sales, and see a meaningful return on your investment.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

63) Noocity

Organic farming and food production kits are available from Noocity to help farmers grow more crops.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

64) Inosat Global

Inosat Global is a SaaS-based fleet management service provider.

Details of the startup:

• Number of employees: 101-250

You can find their website here.

65) NDrive

NDrive encourages creativity. NDrive GPS tools and maps are used by millions of individuals every day all around the world.

Details of the startup:

• Number of employees: 51-100

You can find their website here.

‍66) Ascendi

Ascendi is a toll collection company that also offers operating and maintenance services.

Details of the startup:

• Number of employees: 501-1000

You can find their website here.

67) Tintex

TINTEX began by producing high-quality, natural-based products.

You can find their website here.

68) euPago

EuPago is a fintech company based in Portugal that supports both online and physical payments!

Details of the startup:

• Number of employees: 11-50

You can find their website here.

69) VINHA

The best Portuguese wine online store, with rapid European shipping and a wealth of wine-related films and recommendations. Cheers!

Details of the startup:

• Number of employees: 1-10

You can find their website here.

70) ShopAI.co

For fashion brands, we’re using AI to construct image-based search engines. Look, shoot, look for, and buy.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

71) Sailside

Boat Rental Marketplace for Peer-to-Peer

Details of the startup:

• Number of employees: 1-10

You can find their website here.

‍72) MOXY

Engineered Design is an award-winning software and design studio that strives for the perfect combination of impact, excellence, and pragmatism.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

73) Consumers Trust

The customer satisfaction index, which assesses brands based on consumer feedback, ranks brands according to their reputation.

Details of the startup:

• Number of employees: 11-50

You can find their website here.

74) Ground Control Studios

Ground Control is a small independent gaming and virtual reality studio based in Porto, Portugal.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

75) Abaco

Abaco Consultores is one of the major SAP ERP system implementation businesses in Portugal.

Details of the startup:

• Number of employees: 251-500

You can find their website here.

76) Emprego Pelo Mundo

Emprego Pelo Mundo is an online job platform that allows users to search for jobs all around the world.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

77) PortugalStartups.com

PortugalStartups.com is a website dedicated to bringing the Portuguese startup scene to the rest of the world.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

78) Shake It

The Swiss Army Knife of Event Apps is EventShake.

Details of the startup:

• Number of employees: 1-10

You can find their website here.

FAQs

What Is The Average Investment In Porto?

The average startup investment in Porto is €50,000.

Is Porto A Good State To Start A Business?

Yes, Portugal is considered a good state to start a business. The country offers a variety of benefits to entrepreneurs, including a stable political and economic environment, a highly skilled workforce, and a pro-business government. Additionally, Portugal has a strong infrastructure and a well-developed legal system.

How Many Startups Are There In Porto?

There are over 300 startups in Porto.