2024 has been a good year for startup funding, with several companies across diverse industries achieving significant milestones. Here’s a closer look at some of the noteworthy investments within the Porto Region, month by month:
January
- Seenergy: Porto-based startup integrating energy systems into furniture, supported by EIT Climate-KIC.
- AgroGrIN Tech: Upcycling food ingredients for industrial use, backed by EIT Food.
- PFX Biotech: Producing human milk proteins via precision fermentation, supported by EIT Food.
- Full Venue: AI for predicting customer purchases in entertainment; raised €2M;
- PropWise: Real estate connections platform; secured €95K in angel funding.
February
- Value Negotiation Technologies: Porto-based startup innovating product negotiation; raised €10K.
- WEEZIE: Telecom software company; secured €3M.
March
- iLoF: AI platform for personalized medicine; raised €92.4k in March 2024.
- Tonic App: Clinical efficiency platform for doctors; raised €10.9M in Series A.
- UbiRider: Mobility platform for multimodal transport; raised €2M in seed round.
April
- Uplink Labs: This startup provides tools and solutions that ensure connectivity is accessible to everyone. They secured $10M.
- AcuRate: Porto-based startup in early development; participated in seed round, funding undisclosed.
- Hubisenior: Porto-based health startup; received €25K in April 2024 to support aging with dignity initiatives.
May
- GRIPWISE: Matosinhos-based startup with a smart load cell for muscular strength measurement; raised €175k in seed round.
- Rows: Raises eight million to bring more artificial intelligence to spreadsheets.
June
- Sword Health: The health platform for chronic and post-surgical pain recovery banked a financing round of $130M, in a mix of primary and secondary sale, boosting its valuation to $3 billion.
- Azitek: Porto-based 5G IoT solutions for logistics; raised €750k in seed round.
July
- Diligised: Matosinhos-based fintech connecting clean energy projects to capital markets; raised €25k in seed round.
August
- Bandora: Porto-based AI-powered platform for autonomous building operations; raised €1.5M in early VC round.
- Rows: Secured an additional funding of €1.2M, bringing the capital raised in 2024 to close to €10M.
September
- Maven Pet: The AI-powered vet platform for pet safety and health; raised $4M in early VC round.
October
- Storming Universe: Porto-based educational platform for space exploration; raised €686k in seed round.
- Corium Biotech: Porto-based biotech for sustainable exotic leather production; raised €500k in seed round.
- Coreflux: Porto-based real-time data integration platform; raised €2M in seed round.
- Infraspeak: Porto-based maintenance and facilities management platform; raised €18M in Series B.
December
- ETHIACK: UPTEC-based cybersecurity startup; raised €4M in funding to develop next-generation hackbots and expand into new markets.
Most of the information in this article is based on the data available on the Porto Ecosystem Map.
We rely on the support of founders and investors to keep this platform accurate and up-to-date. If you haven’t already, take a moment to review and update your company’s information. By doing so, you contribute to a stronger, more connected entrepreneurial ecosystem in Porto.
