The Startup Ecosystem of Portugal

Portugal boasts 10 cities in the top 1000 and has a vibrant startup scene that ranks 28th within the competitive global top 30.

COUNTRY RANKING

Since 2022, Portugal lost 1 spot in the Global Startup Ecosystem Index, having now positioned itself as 28th worldwide.

Population

10.3
Million

Regional Ranking

14th
-
2
In Western Europe

Global Ranking

28th
-
1
Worldwide
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ECOSYSTEM

Browse the startup ecosystem database of Portugal

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Ecosystem

The Startup Ecosystem in Portugal

Our startup ecosystem map for Portugal includes a sample of 337 tech companies. We have identified as unicorns 4 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entities.

Global Rank

Portugal is ranked within the top 30 startup ecosystems globally.

Top Industries

Portugal’s startup scene is best represented in Ecommerce & Retail, Energy & Environment, and in and Foodtech.

Top Cities for Startups in Portugal - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change â–Č
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
83rd
-
1
8.300
1.37
3.83
3.10
2nd
0
136th
-
16
5.384
0.57
1.72
3.10
3rd
0
432nd
-
136
1.016
0.17
0.08
0.77
4th
0
441st
+
56
0.958
0.09
0.15
0.72
5th
0
667th
-
84
0.421
0.06
0.04
0.32
6th
0
949th
-
242
0.179
0.03
0.02
0.14
7th
new
965th
new
0.173
0.02
0.02
0.13
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Startups

Notable Startups in Portugal
Freekick startup icon
Freekick
Jscrambler startup icon
Jscrambler
Unbabel startup icon
Unbabel

Startups

Successful Ecommerce & Retail startups in Portugal
Uniplaces startup icon
Uniplaces
BIZAY / 360imprimir startup icon
BIZAY / 360imprimir
Forall Phones startup icon
Forall Phones

Startups

Startups Ranking by Industry

Ecommerce & Retail icon
Ecommerce & Retail
#27 worldwide

On our map, you can explore a total of 111 startups for Ecommerce & Retail.

Energy & Environment icon
Energy & Environment
#27 worldwide

In Western Europe, Portugal's Energy & Environment is in top 27. Portugal has a concentration of about 44 of the region's total Energy & Environment startups that are represented on our map.

Foodtech icon
Foodtech
#27 worldwide

Portugal's Foodtech is ranked 27th in the world. Our database contains 35 for this industry.

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Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

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Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

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Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population [
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