Portuguese startups look to China expansion
Three Portuguese startups and one Brazilian were selected for a roadshow to Asia as part of an initiative promoted by the insurer Fidelidade.
The international innovation programme Protechting, promoted by Fidelidade, Luz Saúde and Fosun Foundation, ended its 7th edition with a 10-day roadshow through four key cities of Asian innovation: Shanghai, Macau, Shenzhen and Hong Kong.
The event marked the strengthening of the programme’s international presence, which has been standing out as a platform for collaboration between startups and large companies.
The startups were LoopOS, OWLplaces, Granter (all Portuguese) and the Brazilian startup SleepUp were selected for this edition to present their technology solutions to investors and strategic partners in several meetings with companies like Alibaba, Lenovo, Fosun Capital, Peak Re and Tencent.
LoopOS, for example, has developed a circular economy solution and is already undertaking a pilot with Fidelidade, aiming to replicate the model in other Group Fosun companies.
In the environmental area, OWLplaces has a platform that monitors the carbon footprint in the real estate sector and is already in negotiations with Shanghai BFC Bund Financial Center while Granter, which specialises in the management of public fund applications went to the event to explore adaptations to Chinese innovation ecosystems.
The Brazilian startup SleepUpm which has a digital application to treat sleep disturbances, already has local partners in China and now aims to expand with the help of Fosun Health.
Since 2016, the programme has already received more than 1,000 applications from 55 countries and has generated more than 50 pilot projects.
“The 7th edition of Protechting is proving to be the most impactful ever, not only because of the international prominence, but above all because of the number of pilots we are managing to develop,” said Daniel Riscado, from Fidelidade, underscoring the role of Protechting in transforming ideas into solutions with global potential.
