11 Tech Startups from Portugal You Need to Know About in 2018

by Maria Ines Branco Goncalves 7,275 views0

Despite ongoing economic hardships and high unemployment rates, Portugal’s tech innovators are nonetheless creating business opportunities in the midst of crisis. The resulting treasure trove of tech startups is an eclectic mix of digital products and services, from cloud-based facilities management platforms to GPS-powered pet monitoring solutions.

The following are 11 tech startups from Portugal you need to be aware of in 2018 and beyond.

11. Switch Payments

Source: switchpayments.com.

Switch’s platform enables companies large and small to accept online payments. The solution is currently available in over 40 countries and facilitates transactions in 150+ currencies.

10. ProdSmart

Source: prodsmart.com.

Prodsmart has developed a platform that allows managers to monitor their businesses’ levels of production and efficiency, thereby enabling them to optimize productivity and output in real-time. The startup recently took home the Startup Lisboa Boost prize and the Caixa Empreender Award, as well as €200,000 of funding from the Microsoft-sponsored Startup Challenge.

9. Findster

Source: getfindster.com.

Anyone who’s lost a furry friend knows how nerve-racking the experience can be. Findster’s GPS-powered tracking device attaches to a dog’s leash, enabling owners to always keep tabs on their pets. The waterproof solution offers real-time active monitoring even without cellphone coverage.

8. My Didimo

Source: mydidimo.com.

My Didimo online service transforms a user’s two-dimensional headshot into a lifelike 3D avatar. The solution is ideal for use in virtual reality applications, games, digital marketing efforts, communications, and social networks.

7. Magnifinance

Source: magnifinance.com.

Magnifinance’s platform purportedly automates 90% of financial management tasks, enabling managers to get a better handle on their budgets in less than 10 minutes per day. The solution offers certified invoices, bank reconciliation, an API for billing, and more.

6. Agroinsider

Source: agroinsider.com.

Agroinsider’s solution aims to make agriculture more innovative and sustainable through the use of satellites and sensors. The startup recently took home a prize of €50,000 from Horizon 2020 and won second place at AgroExpo Spain 2017.

5. Attentive

Source: attentive.us.

Attentive has developed a sales analytics platform for organizing/collecting and viewing statistics and data around sales initiatives and processes. The startup is the winner of the Techstars 2017 Acceleration Program award.

4. DefinedCrowd

Source: definedcrowd.com.

DefinedCrowd combines artificial intelligence/machine learning (AI/ML) with human intelligence to achieve superior data processing results and deeper insights. Some prominent enterprises using its platform include Sony Innovation Fund, Portugal Ventures, and Amazon Alexa Fund.

3. Farmcloud

Source: farmcloud.io.

As its name implies, Farmcloud is a cloud-based platform for farm management; the solution enables users to control climate and feeding controllers from different vendors—all through a single interface.

2. Infraspeak

Source: home.infraspeak.com.

Porto-based Infraspeak has developed a cloud-based platform that streamlines the facilities management of hospitals, banks, hotels, and more. The solution consists of a suite of tools for managing facilities and documents, tracking costs/orders, monitoring stock levels, and more.

1. Knok

Source: knokcare.com.

Knok has developed a mobile healthcare platform for calling a doctor on-demand, from anywhere. Patients simply specify their address/location and preferred healthcare professional, make the payment, and wait for the doctor to arrive—or have the appointment via video call.

These are just a small sampling from Portugal’s impressive array of tech startups—be sure to keep them in your sights in 2018 and beyond.



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