Portugal News - What fastest growing startups in Europe are Portuguese?
There are four Portuguese companies that rank among Europe’s fastest growing startups according to the Financial Times Sifted 250 list.
Here are the Portuguese companies that rank among Europe’s fastest growing startups:
1 – Coverflex
Portuguese startup Coverflex ranks 37th fastest growing company in Europe.
Coverflex is both a Fintech and an HR tech startup based in Braga. Coverflex raised a 15 million euros Series A funding in 2023 led by SCOR Ventures, with business angels such as Job van der Voort, CEO of Remote. The new funding brought the startup’s total amount raised to 20 million euros since launching in 2021.
2 – Equal Food
Portuguese startup Equal Food ranks 64th fastest growing company in Europe.
Equal Food is a Consumer Foodtech startup based in Lisbon that achieved revenues of 1.8 million euros in the financial year ending December 2023.
3 – Bridge In
Portuguese startup Bridge In ranks 104th fastest growing company in Europe.
Bridge In is a B2B SaaS and HR tech startup based in Lisbon that achieved revenues of 4.9 million euros in revenue for the 2023 financial year.
4 – Knockcare
Portuguese startup Knockcare ranks 208th fastest growing company in Europe.
Knockcare is a Healthtech startup based in Matosinhos and it recorded 4.95 million in revenues for the financial year ending 2023. Knockcare raised a 4.4 million euros round in November 2021 from investors Armilar Venture Partners, Mustard Seed, MAZE, Triple Point Ventures and Social Innovation Fund.
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