Company lists · Data refreshed September 2026

Top 25 Venture backed startups based in Portugal

RevenueBase identified 59 company matches for venture backed startups associated with Portugal as of September 2026 and tracks 472 professional contacts across them, including 171 with verified work emails. Lisbon is the largest hub.

This list covers company matches for venture backed startups associated with Portugal, found by RevenueBase SmartSearch using the meaning of business descriptions in its company graph at Exact. Ranked by professionals tracked, largest first. Rows show recorded descriptions where available, Exact search membership and the snapshot date. Data refreshed September 22, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list RevenueBase SmartSearch · Exact Recorded Sep 22, 2026 How this list was built
59Companies
472Contacts tracked
171Verified emails
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The 25 largest venture backed startups based in Portugal

Ranked by team size
Top 25 of 59 company matches for venture backed startups based in Portugal, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Sep 22, 2026. The RevenueBase SmartSearch column shows Exact match membership in this saved search. Click a contact count to view that company's people. Totals use company locations recorded by RevenueBase; the displayed preview is a smaller selection.
#CompanyRevenueBase SmartSearchHeadquartersEmployeesContacts
1Exact matchPorto, PortugalHQ recorded Sep 22, 202611-5055 contacts →

Exact match

“Portugal Ventures, a venture capital firm that is part of the Banco Português de Fomento group, currently manages 282 million euros and has 164 portfolio companies.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
2Exact matchMaia, PortugalHQ recorded Sep 22, 202651-20037 contacts →

Exact match

“Former Sonae IM, Bright Pixel Capital is a venture capital company with a global aim, financially driven and oriented to make businesses prosper.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
3Exact matchLisbon, PortugalHQ recorded Sep 22, 202611-5024 contacts →

Exact match

“We invest in teams transforming the world with technology.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
4Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-1023 contacts →

Exact match

“Shilling was founded in 2011 with the aim of building an entrepreneurial economy in Portugal’s tech space.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
5Exact matchLisbon, PortugalHQ recorded Sep 22, 202611-5022 contacts →

Exact match

“Índico Capital Partners is the leading independent Venture Capital firm in Portugal investing in global technology companies.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
6Exact matchLisbon, PortugalHQ recorded Sep 22, 202611-5022 contacts →

Exact match

“Founded in Armilar is a Venture Capital firm based in Lisbon, Portugal, currently managing over €500 million in assets, that has built a strong reputation by investing in…”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
7Exact matchAveiro, PortugalHQ recorded Sep 22, 202611-5015 contacts →

Exact match

“REDangels is a group of Business Angels, established in Aveiro, Portugal.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
8Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-1014 contacts →

Exact match

“Semapa Next is a venture capital firm that invests in European-based companies aspiring to become global category leaders.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
9Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-1014 contacts →

Exact match

“Build Up Labs is a venture studio and a startup incubator.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
10Exact matchPorto, PortugalHQ recorded Sep 22, 20261-1013 contacts →

Exact match

“We support innovative tech ventures to unlock its potential by providing smart funding and hands-on advisory.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
11Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-1012 contacts →

Exact match

“At N1 Investment Company, we back early-stage B2B startups solving real problems with SaaS and AI.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
12Exact matchLisbon, PortugalHQ recorded Sep 22, 202611-5011 contacts →

Exact match

“Who we are: Quadrantis is a Portuguese venture capital management company created in 2014, that promotes sustainable investments capitalizing on the strong track record of its…”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
13Exact matchLisbon, PortugalHQ recorded Sep 22, 202651-20010 contacts →

Exact match

“Olisipo Way is an Early Stage Venture Firm focused on IT investments.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
14Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-109 contacts →

Exact match

“Biovance Capital is a biotech-focused venture capital company, investing in early-stage companies across Europe.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
15Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-109 contacts →

Exact match

“Bynd is a leading Iberian venture capital firm investing in pre seed and seed technology startups since 2010.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
16Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-109 contacts →

Exact match

“Venture Capital Investment in early stage European startups”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
17Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-108 contacts →

Exact match

“Backed by global fintech operators.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
18Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-108 contacts →

Exact match

“Valutia is a venture capital firm that backs exceptional entrepreneurs from Brazil and Portugal in the early stages of building iconic and global businesses.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
19Exact matchCoimbra, PortugalHQ recorded Sep 22, 20261-107 contacts →

Exact match

“Since 1998 the Critical Ecosystem has been a living network of entrepreneurs, engineers, researchers, spin‑offs, and global partners, all focused on turning hard science into…”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
20Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-107 contacts →

Exact match

“Startups looking for funding?”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
21Exact matchPorto, PortugalHQ recorded Sep 22, 202611-506 contacts →

Exact match

“We are a professional group of angel investors (former Coreangels Portugal) and enthusiastic about supporting growth of promising startups, while generating returns for both…”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
22Exact matchLisbon, PortugalHQ recorded Sep 22, 20261-106 contacts →

Exact match

“We are an investment and strategic firm that promotes innovative ventures, supports companies in moments that matter, and helps turn potential into durable business value.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
23Exact matchLisbon, PortugalHQ recorded Sep 22, 2026201-5005 contacts →

Exact match

“Nexus is an early-stage venture capital firm that invests in visionaries with transformative ideas.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
24Exact matchPorto, PortugalHQ recorded Sep 22, 20261-104 contacts →

Exact match

“PATHENA is a Venture Capital firm boosting the success of European Information Technology and Digital Health companies.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase
25Exact matchEstoril, PortugalHQ recorded Sep 22, 202611-504 contacts →

Exact match

“An enterprise for enterprise.”

Recorded in the RevenueBase company graph · Sep 22, 2026 · View company records in RevenueBase

Showing 25 of 59 venture backed startups based in Portugal

See the full list, filter by size, metro and specialty, and access 171 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Venture backed startups based in Portugal at a glance

As of Sep 22, 2026
36.2%Verified-email coverage
8.0Average contacts per company
1-10Median size (employees)
69.5%Largest-city concentration · Lisbon
Sep 22, 2026Page data refreshed

Companies by employee count

1-10
42
11-50
14
51-200
2
201-500
1

Email recency for this list is measured worldwide rather than for Portugal, so it is reported there. Company counts and contact totals on this page are exact for Portugal, over 59 companies.

How this list was built

The recorded descriptions help you assess these company matches. Check a company’s website for its current services and locations.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Company records associated with Portugal whose business descriptions match “venture backed startups” by meaning at the Exact setting. Descriptions are compiled in the RevenueBase company graph from public websites, profiles and company information where available; they are not guaranteed quotations from the company's website.
RevenueBase SmartSearch
Describe a niche company in your own words to find businesses by meaning. Exact, Similar, Related and Broad control the breadth of RevenueBase SmartSearch. This saved list uses Exact. Each row's Exact match badge shows inclusion in that search, not an individual score or a service-quality judgment.
Public preview
The public preview omits records without a verified work email. Where headquarters information is recorded, preview rows are also filtered to this page’s location. Dataset totals and geographic summaries describe the full matched records before these preview filters.
Match quality
RevenueBase's August 25, 2026 study assessed 4,198 description/company pairs across matching settings. The publisher reports 86% good or better at Exact. This evaluates the method across queries; it does not audit this individual list. Recorded company descriptions, where available, help you judge each match yourself. Read the full methodology: how the lists are built and what the study measures.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every displayed company carries at least one verified work email. RevenueBase tracks 171 professional contacts with verified work emails across the full matched dataset. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 22, 2026. Lists refresh periodically as the graph is re-checked.
Record context
Company records and descriptions can change. Check the company's website for its current services and locations.

Frequently asked

What is RevenueBase SmartSearch?

RevenueBase SmartSearch finds niche companies by the meaning of their business descriptions in the RevenueBase company graph. Exact, Similar, Related and Broad control how closely companies must fit your description. This list uses Exact for “venture backed startups”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many venture backed startups are there based in Portugal?

RevenueBase identified 59 company matches for venture backed startups associated with Portugal as of September 2026, using the meaning of business descriptions at Exact. This is the recorded matched set in the RevenueBase company graph.

What is the largest company on this list?

Portugal Ventures tops the displayed preview by professional contacts tracked in RevenueBase. Recorded headquarters appear in the company rows.

Which city has the most venture backed startups?

Lisbon leads with 41 company records, followed by Porto (7) and Aveiro (1).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work limited free results with 500 credits to start. Upgrading provides access to the 171 professional contacts with verified work emails tracked across these 59 companies; direct dials are available where recorded.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 22, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase SmartSearch, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.