Mapping Portugal's Startup Landscape - Report 2024 (Informa D&B Portugal)
Save
Informa D&B PortugalSummary
- The number of active startups in Portugal reached 4,719 in 2024, representing a 16% year-over-year increase.p.24
- Portuguese startups generated €2,602 million in total turnover and provided employment for over 26 thousand workers in 2023.p.24
- Startup export revenues grew by 18% year-over-year in 2023 to reach €1,502 million.p.24
- Information Technology and Communication remains the dominant sector, generating 63% of overall startup turnover.p.28
- Micro businesses with up to 9 employees account for 89% of all startup entities in the country.p.29
- Capital raised by Portuguese startups and scaleups reached €306 million in 2024 YTD, up from €240 million in 2023.p.10
Key insights
- Lisbon and Porto represent the major focal points of the ecosystem, hosting 47% and 15% of all Portuguese startups, respectively.p.30
- Corporate expenditure in research and development expanded to €2,834 million in 2023.p.60
- Venture capital firms serve as the primary source of equity funding for startups headquartered in Portugal.p.70
- Portugal ranked #8 globally in English proficiency and #25 in global talent competitiveness in 2024.p.8
- Portuguese domestic capital accounts for 89% of startup ownership structures.p.34
- Female representation in startup executive leadership roles stands at 28%.p.35
- Portuguese startups demonstrated high revenue momentum with a 30.2% turnover CAGR between 2020 and 2023.p.36
Funders mentioned
Topics and entities
Summary and figures generated from the document and checked automatically: every number shown appears on the cited page. The full document is available from the publisher. Publishers can request removal.