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- Portugal’s amazing Lusitanian horse fair
Portugal’s amazing Lusitanian horse fair - Portugal Business News Portugal News – Portugal’s amazing Lusitanian horse fair, that takes places every year on November 1 – 11th, is a must-see event for families. Portugal’s national horse fair is a yearly event that takes place in Golegã, that is a one-hour drive north of Lisbon. This renowned equestrian event includes horse riders in historic costumes, spectacles and music for adults and children alike. The show is held free of charge and includes rallies, raids, equestrian games, championships, carriage marathons and exhibitions. The official ceremony, that is on November 8th at noon is followed by typical Portuguese dances and music. At 15:00hrs, there is a carriage-driving competition and at 19:00hrs, spectators can discover bullfight riders. The Portuguese Lusitano horse breed was named after the word Lusitania, that is the ancient Roman name for the region that modern Portugal occupies. The Lusitano, also known as the Pure Blood Lusitano, was present on the Iberian Peninsula as early as 20,000 BC, and by 800 BC the region was renowned for its war horses. The Portuguese Lusitano Horse Breed often has a grey or bay coat and is middleweight of medium size with females reaching 1,55m and males reaching 1,60m. Portugal’s International Lusitano Horse Fair, that blends into the Saint Martin’s Fair, is an international festival that is much sought after by professional photographers and horsemen, by horse lovers and by families alike. Here is the list of Festivals in Portugal including Madeira & the Azores. #portugalnews #listfestivalsportugal #listeventsportugal #horsefairportugal #lusitanianhorsefair #equestrianeventportugal #lusitanohorse #listoffestivalsinportugal #tourismnewsportugal
- Europe’s largest data center is now connected to EllaLink
Europe’s largest data center is now connected to EllaLink - Portugal Business News Portugal news - Europe’s largest data center, Start Campus in Portugal, is now connected to the EllaLink subsea cable. Portugal’s data center campus, that is located in the port of Sines, includes a 1.2 GW green data center with a sustainable ecosystem that harnesses ocean cooling and uses 100% renewable energy. Start Campus will soon be building a second data center that will be completed in 2026 and has just announced an investment of 20 million euros for the purchase of Siemens transformers. Portugal’s mega data center Start Campus, that is a joint venture between US investment firm Davidson Kempner Capital Management and UK company Pioneer Point Partners, has a total combined investment value of 8.5 billion euros. " Data has been identified as the new 'oil' of the digital economy and Portugal will benefit from this large investment in Sines that will place the country at the core of transatlantic and global data networks ," stated Sam Abboud of Pioneer Point Partners. Europe’s largest data center campus within Portugal’s Atlantic Hub in Sines is now connected to EllaLink, and the new optical backbone provides enhanced connectivity, reduced latency and access to a global network. This strategic move strengthens EllaLink's global presence through its partnership with the largest Data Centre being rolled out in Europe. Through EllaLink's fibre network expansion, Start Campus SINES DC customers will be able to connect to an 8.000 km optical backbone between Continental Europe, Africa, LATAM and French Guiana. With this expansion, EllaLink continues to solidify its position as a leading provider of submarine cable solutions, connecting continents and driving digital transformation. Portugal’s green data center hub empowers robust interconnection capabilities, benefiting both the tech industry and the local economy. The enhanced connectivity in an ultra-low latency between several Atlantic landings represents faster data transfers and improved application performance, thus providing businesses with opportunities to reach new markets. International operators already linked to Portugal’s Start Campus green data center include German company DE-CIX , that recently published a report that shows that Portugal is the best interconnection hub globally, stating the Top 5 main reasons . #portugalnews #digitalnewsportugal #greendatacenterportugal #startcampus #EllaLink #largestdatacenterineurope #SinesDC
- Portugal’s Fintech sector attracted 1.16 billion euros
Portugal’s Fintech sector - Portugal Business News Portugal News - Portugal’s Fintech sector attracted 1.16 billion euros in funding in 2024, according to Portugal Fintech. Here is an overview of Portugal’s Fintech sector with the list of startups in Portugal’s Fintech ecosystem, as well as the most successful funding rounds for tech startups in Portugal in 2024 : List of startups in Portugal’s Fintech ecosystem - Portugal Business News The above chart shows the list of startups in Portugal’s Fintech ecosystem that comprises the following sectors: 1 - Payments and Money transfers with 12 startups, 2 - Regtech & Cybersecurity with 11 startups, 3 - Wealth Management & ESG with 6 startups, 4 - Lending & Credit with 13 startups, 5 - Insurtech with 13 startups, 6 - Real Estate with 4 startups, 7 - Blockchain & Crypto with 3 startups. Moreover, there are 10 Emerging Fintech startups and 17 international Fintech companies operating in Portugal as per the above chart listing all Fintech companies operating in Portugal. What are the leading enablers for Portuguese fintech startups? 1 - Associations such as Portugal Fintech – 36% 2 – Investors – 34% 3 – Accelerators such as Techstars – 14% 4 – Government Support – 9% 5 – Other – 7% While only 42% of Portuguese companies had international investors in 2023, that figure jumped to 71% in 2024, showing a major increase in the global interest and support for Portuguese fintech startups. There is rising international interest in Portuguese fintech startups, with more than 2/3 of the rounds in 2024 involving international investors, compared to less than half in 2023. In 2024, the creation of new fintech startups in Portugal increased by 37% compared to 2023. Overall, there are around 4,000 startups in Portugal, with an average annual growth of 25%, spread across the country. While Portugal’s main startup hubs are in Lisbon, Porto, Braga, Aveiro, Coimbra, Leiria, and Fundão, there is also a network of 130 incubators (RNI) all over the country. What are the funds available for Portuguese startups in 2024? There are more than 11 funds with over 100 million euros to invest in Portuguese startups and scaleups, as well as 52 fund management companies that manage 135 funds in 2024, according to António Dias Martins, Executive Director of Startup Portugal. What were the most successful funding rounds for tech startups in Portugal in 2024? 1 – BHOUT BHOUT, the first boxing bag with a brain, was able to raise the biggest seed round in the world. 2 – DEFINED.AI DEFINED.AI, a Marketplace for ethical, high-quality AI training data, was responsible for the largest ever Series B round to be raised by a female-founded AI company in the US. 3 - SWORD HEALTH SWORD HEALTH, the Portuguese unicorn that provides virtual and digital physical therapy, is now valued at 2.8 billion euros. 4 – REMOTE REMOTE, that developed a powerful software to simplify global employment, is another unicorn born in Portugal. Does Portugal have Unicorns? While there are 6 unicorns that started up in Portugal, the country also attracted another 40 international unicorns to re-locate to Portugal. #portugalnews #newstechstartupsportugal #fintechstartupsportugal #investmentinportugalsfintechsector #overviewofportugalsfintechsector #listofstartupsinportugalsfintechecosystem #w hatarethefundsavailableforportuguesestartupsin2024 #whatwerethemostsuccessfulfundingroundsfortechstartupsinportugal #doesportugalhaveunicorns
- What are the most original eco hotels in Portugal?
What are the most original eco hotels in Portugal? - Portugal Business News Portugal News – Here are the most original eco hotels in Portugal, that are the epitome of sustainable tourism where travelers discover hotels that defy the imagination: such as sleeping in a luxury wine barrel surrounded by vineyards, or in a treehouse in a natural park, or even in a luxury train station guesthouse hidden in a forest. Why not go off the beaten path of traditional tourism in Portugal to explore remote places in unique settings where you can expect the unexpected and come back with unique experiences? These are the most original hotels in Portugal according to Hola magazine: Top 5 most original eco hotels in Portugal: 1 – Sleep in a luxury wine barrel at Quinta da Pacheca, Portugal: Quinta da Pacheca eco hotel created the Wine Barrels hotel suites as a bold architectural project in the form of Wine Barrels to reinforce the originality of the winery’s Enotourism offer. In an idyllic and romantic setting, Wine Barrels will provide you with a unique experience of contact with nature in the majestic landscape of the Douro Wine Region. Unique moments of rest await you for wine-tasting in a unique rural environment. 2 – Sleep in panoramic tent in a mountain refuge at Natura Glamping, Portugal: Glamping, or Glamorous Camping, in eco hotel Natura Glamping blends Nature tourism with the sophistication and comfort of a luxury tent in the mountains of the Serra da Gardunha, in the Castelo Branco district, where the panoramic domes are integrated into the surroundings. 3 – Sleep in a treehouse in the Pedras Salgadas park, Portugal: At the Pedras Salgadas Spa & Nature Park eco hotel, you can wake up with the birds in a 100-year-old park from the comfort of the Tree and Eco Houses. 4 – Sleep in the Train Spot Guesthouse, Portugal: Attention to all travelers! Boarding the Alentejo line, a journey through time... This trip takes place at Train Spot Guesthouse eco hotel, housed in the historic Marvão/Beirã train station, created in the XIX century and classified as Architectural Heritage of Portugal. Here, travelers of all ages live the experience of waking up in a station from the industrial age, in the exuberant surroundings of the Serra de S. Mamede Natural Park, that is one step away from the border between Portugal and Spain. 5 – Sleep in a tree house in OHAI, Portugal: Enjoy glamping in a tree house in OHAI eco hotel in Nazaré, in an environment that is as beautiful as it is purely natural, with all the amenities that a luxury hotel can currently offer, close to the Nazaré surf spot. #portugalnews #tourismnewsportugal #whatarethemostoriginalecohotelsinportugal #ecohotelsinportugal #sustainabletourisminportugal #glampinginportugal
- Designer Italian furniture company opens flagship store in Lisbon
Designer Italian furniture company opens flagship store in Lisbon - Portugal Business News Portugal News - Designer Italian furniture company Poliform just opened its flagship store in Lisbon. Designer Italian furniture company Poliform just opened its first store in Portugal on Rua D. João, in the Amoreiras-Chiado district, that is an area where Lisbon’s main design studios are located. The new flagship store, that occupies a total area of 500 square metres, displays its vision of contemporary living, with an elegant and refined way of life. The home furniture store includes furniture for the living room, bedroom, kitchen, as well as for outdoor areas. The new Poliform flagship store in Lisbon, that was opened in collaboration with its historical local partner QuartoSala, is a new international milestone for the Italian furniture company, since it follows a series of openings in Europe, the Middle East and the United States. Poliform is thus strengthening its brand’s presence on the Portuguese market, since it has seen considerable growth in high-end residential and property projects. #portugalnews #investmentnewsportugal #furniturestoresportugal #Poliformlisbon
- Who are the Top Women in Tech in Portugal?
Who are the Top Women in Tech in Portugal? - Portugal Business News Portugal News – Here are the Top Women in Tech in Portugal according to the PWIT Awards that lists the best female tech talents in Portugal in 2024: Here are the best female tech talents in Portugal: 1 - Best Engineer in Portugal - Sofia Miranda The best female tech engineer in Portugal is Sofia Miranda, Test Manager at Adidas. The PWIT Award was sponsored by DASHLANE. 2 - Best Product Manager in Portugal - Nina Martins The best female tech product manager in Portugal is Nina Martins, PMO Lead at Acceleration, a WPP Company. The PWIT Award was sponsored by CISCO. 3 - Best Business Operations & Innovation Expert in Portugal - Mariana Salvaterra The best female tech business operations & innovation expert in Portugal is Mariana Salvaterra, CEO of Zühlke Group in Portugal. The PWIT Award was sponsored by RUMOS. 4 - Best Data, Analytics & Artificial Intelligence Expert in Portugal - Francisca Lima The best female tech data, analytics & AI expert in Portugal is Francisca Lima, Data Engineer at adidas. The PWIT Award was sponsored by NTT DATA. 5 - Best Revenue, Growth, Marketing & Sales Expert in Portugal - Joana Monteiro The best female tech revenue, growth, marketing & sales expert in Portugal is Joana Monteiro, Senior Director, EMEA Marketing at PagerDuty. The PWIT Award was sponsored by NATIXIS. 6 - Best Designer (UX/UI Design) in Portugal - Catarina Garcia The best female tech UX/UI designer in Portugal is Catarina Garcia, Senior Product Designer at Emergn. The PWIT Award was sponsored by FES Agency. 7 - Best Customer Experience Expert in Portugal - Inês Coelho The best female tech customer experience expert in Portugal is Inês Coelho, Head of Digital B2C Channel at CTT. The PWIT Award was sponsored by CONTINENTAL. 8- Best Community Lead in Portugal - Cíntia Costa The best female tech community lead in Portugal is Cíntia Costa, Communications & Community Manager at 351 Portuguese Startup Community. The PWIT Award was sponsored by BOSCH. 9 - Best People, Culture & Talent Acquisition Expert in Portugal - Ana Patrícia Correia The best female tech people, culture & talent acquisition expert in Portugal is Ana Patrícia Correia, Employer Branding Portugal, Serbia and Bulgaria at Zühlke Group. The PWIT Award was sponsored by PAGER DUTY. #portugalnews #technewsportugal #techtalentportugal #topwomenintechportugal #whoarethetopwomenintechinportugal #whoarethebestfemaletechtalentsinportugal #hrnewsportugal
- How big is the e-commerce market in Portugal and Spain & what sells best online?
How big is the e-commerce market in Portugal and Spain & what sells best online? - Portugal Business News Portugal News - How big is the e-commerce market in Portugal and Spain & what products sell best online? 1 - How big is the e-commerce market in Portugal and Spain? The e-commerce market in Portugal and Spain is valued at around 112 billion euros in 2024, including online sales of both goods and services on the Iberian Peninsula. While the Spanish e-commerce market is around 8 times the size of the Portuguese market, there is great growth potential for the coming years. The annual growth of e-commerce sales is estimated to be 9% in Portugal and 11% Spain, according to the CTT e-Commerce Report 2024. However, the greatest growth in the e-commerce market is linked to the value of online sales, with the value of product sales estimated to grow by 14.6% in Portugal and 10.3% in Spain in 2024. The value of online sales of services is also showing an upward trend and is expected to reach 4.7% in Portugal and 12.1% in Spain. 2 - What products sell best online in Portugal and Spain? The products that sell best online in Portugal and Spain are: · Clothing and footwear – both in Portugal & Spain · Electronics and computer equipment – both in Portugal & Spain · Food products from supermarket stores online – In Spain · Books & films – In Spain · Household utensils – In Portugal For tech products searched online in Portugal, there is a trend to finalize the order in physical stores. For fashion and tech products bought online in Spain, the trend is for second-hand products. 3 - What are the main reasons people shop online in Portugal & Spain? The main reasons why people shop online in Portugal and Spain are: · Ease of purchase - both in Portugal & Spain · Price factors – in Portugal · Promotions – in Portugal 4 - What are the reasons people abandon shopping carts in Portugal & Spain? The main reason why people abandon shopping carts during checkout in Portugal and Spain is due to the difference between the final price and the expected price. 5 – What is the age group of online buyers in Portugal & Spain? The age group of online buyers in Portugal and Spain is between 25 and 54 years old. 6 – What is the geographical location of online buyers in Portugal & Spain? The geographical location of online buyers in Portugal is mainly Lisbon and Porto, while in Spain online buyers are mainly from Madrid and Catalonia. #portugalnews #ecommerceinportugal #ecommerceontheiberianpeninsula #howbigistheecommercemarketinportugalandspain #whatproductssellbestonlineinportugalandspain #onlinesalesinportugalandspain
- Portuguese tech startup Bounce raises 17.7 million euros
Portuguese tech startup Bounce raises 17.7 million euros - Portugal Business News Portugal News - Portuguese tech startup Bounce raises 17.7 million euros in a Series B round led by Sapphire Sport, with the participation of Portuguese investment fund Shilling, as well as Thayer Ventures, FJ Labs, 20VC Growth, and the reinforcement of the participation of investors such as Andreessen Horowitz and General Catalyst. Travel tech startup Bounce, that is headquartered in the US where it is the 8th fastest growing company according to Inc5000, has its European headquarters in Lisbon. Bounce currently has a team of 102 people, 60% of whom are based in Portugal, and is currently hiring for 21 positions in the fields of engineering, design, product, operations, growth and sales. “This Series B marks not only a milestone, but a launching pad for much greater impact” stated Cody Candee, founder and CEO of Bounce. Here is the Portugal Business News interview with Cody Candee, the founder of Portuguese Travel Tech startup Bounce that achieved remarkable growth with an astonishing 20x increase in the past two years. #portugalnews #investmentroundsbounce #traveltechstartupportugal #investmentnewsportugal #newstechstartupsportugal
- Microsoft launches its AI Innovation Factory in Lisbon’s AI Hub
Microsoft launches its AI Innovation Factory in Lisbon’s AI Hub - Portugal Business News Portugal News - Microsoft just launched its AI Innovation Factory in Lisbon’s AI Hub, together with Accenture and Avanade. Lisbon’s AI Hub, that was launched in February 2024, is already reaching international success with multinationals Microsoft, Accenture and Avanade spearheading AI innovation from Portugal. Portugal’s AI Hub, under Unicorn Factory Lisboa, is the hottest place for AI companies to relocate in Europe and is attracting leading companies that are driving tech innovation and sustainability from Lisbon, including Microsoft, Google, Center for Responsible AI and Sitio. Lisbon’s AI Hub is located in Alvalade, one of the coolest neighborhoods in Lisbon, and comprises seven floors with 27 private offices and 30 co-working spaces , to accommodate 234 people. Lisbon’s new AI Hub is expected to contribute to Portugal’s sustainable growth through digital innovation within its network of innovative multinational tech companies. #portugalnews #technewsportugal #aihubportugal #UnicornFactoryLisboa
- Portugal announces 100-million-euro fund to invest in deep tech startups
Portugal announces 100-million-euro fund to invest in deep tech startups - Portugal Business Newsn Portugal News – During the Web Summit 2024 in Lisbon, Portugal announced a 100-million-euro fund to invest in deep tech startups, stating that the fund would be 50% public and 50% private, while the European Investment Fund also announced an investment of €90 million in 3 Portuguese VCs. Together with its new 100-million-euro deep-tech fund, Portugal’s Prime Minister also announced the launch of the first Large Language Model (LLM) in Portuguese, that are both scheduled for early 2025. This new AI tool will revolutionize education, facilitate access to public services and support companies to innovate in Portuguese. Deep Tech is one of the biggest VC investment categories in Europe, growing at a rapid rate . In 2023, over $16 billion in venture capital was invested in Deep Tech startups in Europe, according to Dealroom. Deep Tech encompasses many industries, from Health & Tech-Bio to SaaS, AI, Space and Robotics. Deep Tech startups develop technology based on tangible engineering innovation or scientific advances and discoveries that are applied for the first time as a product. According to Dealroom, Deep Tech startups can often target applications in multiple markets and, unlike traditional startups, have a stronger moat towards competition thanks to technology edge and IP portfolio. Deep Tech startups can also generate higher ROI thanks to lower initial valuations and high attractiveness as acquisition targets. Switzerland’s tech ecosystem is the most focused on Deep Tech in Europe, followed by Sweden, France, Finland and Norway. In Portugal, 13% of total VC investment went into Deep Tech between 2018-2023. Here is the ranking of European countries investing in Deep Tech: Ranking of European countries investing in Deep Tech - Portugal Business News During the Web Summit 2024 in Lisbon, further investment from the European Investment Fund was also announced, for a total value of €90 million to be channeled to three Portuguese venture capital funds, namely Armilar, Faber and 33N. Ultimately, these funds are expected to generate more than €400 million for the European venture capital ecosystem to accelerate the growth of startups, namely in the areas of AI, cybersecurity and machine learning. #portugalnews #portugalinvestmentnews #technewsportugal #fundstoinvestindeeptechstartups # europeaninvestmentfundinvestmentsinportuguesevcs #EIF #r ankingofeuropeancountriesinvestingindeeptech
- Best Ciders in the World according to The New York Times
Best Ciders in the World according to The New York Times - Portugal Business News Portugal News - The New York Times recommends a list of the best ciders in the world for Thanksgiving and Portuguese cider Nua Roots Cider No. 2 Portugal 2021 tops the list as the best cider in the world for the festive season. While wine is the usual drink for Thanksgiving, cider is a wonderful choice, both alcoholic and nonalcoholic. Since nobody comes to Thanksgiving to train their critical faculties on how wine pairs with each course, but rather to see family and friends, ciders are a wonderful option since they are lower in alcohol than almost all wines and would go great with a Thanksgiving meal. Since ciders feel seasonal, they are a wonderful addition for the festive season. Here is the list of the best ciders in the world according to The New York Times: 1 – Portuguese cider Nua Roots Cider No. 2 Portugal 2021: The best cider in the world for the festive season is Nua Roots Cider No. 2 Portugal 2021, according to The New York Times. With 7.5 percent volume, the bottle of 750 milliliters costs $19. This lightly carbonated natural cider, hazy gold, with discernible sediment, is made of many different Portuguese apple species. It’s delicious and refreshing, bone dry, savory and saline. (Louis/Dressner Selections, New York) Portuguese cider Nua Roots Cider No. 2 is made with 100% Portuguese apples with Heirloom Varieties from Minho, Northwest Portugal, and is 100% natural. 2 – Californian cider Sur la Mer Brut Cider Mendocino County NV The second-best cider in the world for the festive season is Sur la Mer Brut Cider Mendocino County NV. With 7.5 percent volume, the bottle of 500 milliliters costs $20. Sur la Mer is made by Drew Family Cellars, which makes wine on the Mendocino Coast. Their home vineyard was planted on an old, abandoned orchard, and the family restored part of that orchard. It’s just three miles from the ocean, hence the French phrase Sur la Mer for on the sea. It’s fruity, pure and elegant, less austere than some of the others on this list. 3 – Californian cider Horse & Plow Farmhouse Cider Sonoma County NV Californian cider Horse & Plow Farmhouse Cider Sonoma County NV is ranked third best cider in the world by The New York Times. With 8 percent volume, the bottle of 750 milliliters costs $20. Horse & Plow in Sebastopol makes wines and ciders from Northern California. The Farmhouse Cider is a blend of multiple apples from the region. It’s fresh, tart and floral, with dry, earthy flavors. Horse & Plow also makes an excellent Gravenstein cider, made entirely from Gravenstein apples that have become rarer in Northern California as orchards have ceded land to vineyards. 4 – New York cider Aaron Burr Cidery New York Cider: Aaron Burr Cidery Sullivan County Homestead Locational Cider New York 2021 is ranked 4th best cider. With 7.4 percent volume, the bottle of 500 milliliters costs $24. Aaron Burr Cidery makes brilliant ciders with apples from old, abandoned apple orchards that are found in the woods and on hillsides in upstate New York. These “locational” ciders confirm the sense of place conveyed by these ciders, since Sullivan County is earthy and herbal with pure apple flavors. 5 – New York cider Eve’s Cidery Sparkling Perry Eve’s Cidery Sparkling Perry New York 2022 is ranked 5th best cider. With 8 percent volume, the 750 milliliters bottle costs $25. Perry is cider made of pears, and this one, from the excellent Eve’s Cidery, is superb. It’s made entirely, Eve’s says, from pears foraged from its home region south of the Finger Lakes. The cider is dry with a lovely, savory pear flavor. If you can find this, lay in a few bottles, because guests will want more. 6 – New York Sundström Cider Liminal Cider Sundström Cider Liminal Cider New York NV is ranked 6th best cider. With 8.5 percent volume, the bottle of 750 milliliters costs $25. Leif Sundström makes ciders from multiple regions of New York State. This Liminal, mostly from the Finger Lakes area and from the 2021 and 2022 harvests, is primarily golden russet blended with Newtown Pippin and Geneva Tremlett’s, an old cider variety. Liminal has a funky, almost cheesy flavor blended with fresh apples. #portugalnews #listofthebestcidersintheworld #whatisthebestciderintheworld #TheNewYorkTimes #nuacider #bestportuguesecider
- The European Commission invests €10 million to fund a quantum computer that runs at room temperature
The European Commission invests €10 million to fund a quantum computer that runs at room temperature - Portugal Business News Portugal News - The European Commission is investing 10 million euros to fund a consortium to develop a quantum computer that will be able to run at room temperature. The groundbreaking quantum computer, that is being developed under the European Commission Quantum Flagship initiative, is using diamonds and silicon carbide to build quantum computers and simulators that can run at room temperature. European scientists are using diamonds to build a new quantum computer that works without needing to be cooled to ultra-low temperatures. Under the name SPINUS project for “Spin based quantum computer and simulator”, Quantum Flagship is developing experimental platforms for quantum simulation (>50 quantum units) and quantum computation (>10 qubits) that are set to be completed by 2027. With this new technological approach, future quantum computers will become practical and scalable, thus leading to the faster development of groundbreaking technologies in a number of sectors, such as using powerful algorithms for the financial sector, or even tackling incredibly complex problems such as understanding how materials behave at the atomic level. The consortium that is developing the quantum computer under the SPINUS project include the Fraunhofer Institute for Applied Solid State Physics IAF, with the University of Ulm, the University of Stuttgart, the Forschungszentrum Jülich, and Quantum Brilliance from Germany, the Hasselt University from Belgium, Linköping University from Sweden, the Technical University of Denmark, the Wigner Research Center for Physics from Hungary, the Bruno Kessler Foundation from Italy, the Delft University of Technology from the Netherlands, and AMIRES from the Czech Republic. While current quantum computers require ultra-cold temperatures near absolute zero, or -273°C (-460°F), making them huge, cumbersome, and energy-intensive, the future quantum computers being developed under the EU Quantum Flagship initiative are set to revolutionization the tech industry in the near future with a quantum leap towards solid state quantum computing and simulation. #portugalnews #quantumcomputerthatrunsatroomtemperature #spinbasedquantumcomputerandsimulator #SPINUS #QuantumFlagship #futurequantumcomputers #technews