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Startup Area - HM 2023 - Portugal Makes Sense

STARTUP AREA

Portugal has a vibrant startup ecosystem with many innovative companies in various sectors, such as technology, tourism, fintech, and renewable energy.

This 963 km Atlantic coast country is home to 7 unicorns and many more up-and-coming startups and scaleups. Currently, there are more than 2.000 active startups in Portugal.

The Portuguese startup ecosystem is characterized by strong government support, a skilled talent pool, a thriving tech scene, fintech innovation, a strong sustainability focus, and a growing international presence.

Many Portuguese startups have successfully expanded beyond the country’s borders, with a presence in several markets, including North America, Europe, Africa, and Latin America.