PORTUGAL’S STARTUP ECOSYSTEM 2025

About this report

The Portugal’s Startup Ecosystem 2025: From Growth to Consolidation report, offers an updated overview of the country’s entrepreneurial landscape, providing the latest available data on the evolution of startups in the Portuguese ecosystem.

Building on several editions and the work of Startup Portugal leading this initiative, this year’s report focuses on consolidating key indicators, updating figures in collaboration with direct contributions from Informa D&B, and other national and international sources, while maintaining a concise and data-driven approach.

The study continues to serve as a benchmark for understanding how Portugal’s startup ecosystem is evolving, highlighting the contributions of startups to economic growth, employment, and exports, as well as the progress achieved through public policies and private initiatives.

The report also pinpoints Portugal’s performance in a global and European context, drawing on reference sources such as the Global Innovation Index, the StartupBlink Global Ecosystem Index, discussions held under the S9+ Coalition, and the Europe Startup Nations Alliance (ESNA).

By combining consistent metrics with a forward-looking perspective, this report aims to support policymakers, investors, and ecosystem stakeholders in identifying areas of strength, gaps to address, and opportunities for sustainable growth within Portugal’s innovation economy.

“The startup ecosystem in Portugal has reached an important milestone. +5.000 Startups. We have met the RRF target and are now entering a consolidation phase, where the focus should be on quality, scale and impact,”