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Top Tech Companies in Portugal: Leading the innovation wave

March 8, 2025, researched and prompted by Soraima


Portugal's tech landscape is flourishing with a blend of established giants and groundbreaking startups, making it one of the most exciting tech hubs in Europe.


Portugal is rapidly emerging as a hub for innovation and technological progress in areas such as artificial intelligence, fintech, telecommunications, and digital transformation.



Video owned by Ubbu

Let's explore some of the leading tech companies in Portugal that are gaining international recognition.


1. Feedzai: Revolutionizing Fraud Detection with AI

Feedzai is one of Portugal's biggest success stories in the tech world. Founded in 2011, the company specializes in using machine learning and artificial intelligence to detect fraudulent transactions in real-time. With applications in financial services, e-commerce, and retail, Feedzai has become a global leader in fraud prevention.


Feedzai reached unicorn status in 2021 with a valuation surpassing $1 billion, solidifying its place as a powerhouse in AI-based fraud protection. Their cutting-edge technology protects millions of transactions globally, ensuring security for financial institutions and online merchants alike.


2. Imaginary Cloud: Building Digital Products for the Future

Another standout company is Imaginary Cloud, which has been delivering high-quality software development and product design services since 2010. Based in Coimbra, Imaginary Cloud serves clients across various sectors, providing custom software solutions that help businesses transform digitally.


Their expertise has earned them multiple accolades, including recognition as one of Europe's fastest-growing companies by the Financial Times. Imaginary Cloud's commitment to innovation and quality positions it as a key player in the global tech market.


3. Altice Portugal: Powering Communication and Connectivity

Altice Portugal is the nation's largest telecommunications provider, playing a significant role in connecting millions of people across the country. The company, formerly known as Portugal Telecom, offers a wide range of services, including mobile and fixed-line telephony, broadband internet, and digital television.


As a major player in the telecommunications industry, Altice Portugal continues to innovate and provide the infrastructure needed to meet the ever-growing demand for digital services.


4. Neuraspace: Shaping the Future of Space Technology

Neuraspace is a rising star in Portugal's tech scene, focusing on space technology. The startup is developing AI-based solutions that prevent satellite collisions by predicting and tracking space debris.


Neuraspace’s innovative approach is contributing to the future of satellite safety and space exploration, positioning the company as a leader in space technology.


5. Sheerme: Revolutionizing the Health and Beauty Industry

Sheerme is a unique startup that is transforming the way consumers book and pay for services in the health and beauty industry. With a presence in Portugal, Brazil, and Spain, Sheerme connects users to thousands of health and beauty professionals across these regions.


The platform has streamlined booking and payments, making it easier for customers to access services while providing businesses with an innovative way to manage their operations.



6. Ubbu: Empowering the Next Generation of Coders

Founded with the goal of democratizing coding education, Ubbu offers an interactive platform that teaches children aged 6 to 12 how to code and develop digital skills. Used by over 300,000 students worldwide, Ubbu aims to reduce the barriers to entering the tech world, helping children build skills for the future.


Ubbu's commitment to education is shaping the future of tech by empowering the next generation of digital creators.



7. Sqill: Simplifying Social Media Content Creation

Sqill is an AI-powered mobile video editor designed to help brands create content for social media. The platform allows users to easily edit videos, making it a valuable tool for social media marketers and content creators.


With its focus on simplicity and automation, Sqill is helping brands create professional-quality videos without the need for technical expertise, driving growth in the social media marketing space.


8. Paynest: Simplifying Employee Financial Management

Paynest is a fintech startup that provides solutions for managing employee finances. Launched in 2022, Paynest offers tools for managing expenses and giving employees early access to their wages. This platform serves businesses across Portugal, France, and Greece.

By helping companies manage financial wellness for their employees, Paynest is driving employee satisfaction and retention in an increasingly competitive workforce market.


Portugal’s Tech Ecosystem Is Thriving

The tech industry in Portugal continues to grow and evolve, with these companies leading the charge across various sectors. From fintech to AI, telecommunications to space technology, Portugal is a hub of innovation, and these companies are helping put it on the map as a global tech player.


With a solid foundation and a vibrant startup ecosystem, Portugal is well-positioned for continued success in the tech world. Whether you're looking for cutting-edge technology or innovative digital solutions, these companies are shaping the future.


For more information on each company or to connect, simply visit their websites!


Let me know if you need any additional details or adjustments!

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