Unicorns

Tourism, together with associated real estate, is undoubtedly one of the main drivers of Portugal’s economy, currently representing 15% of its GDP. But the success that Portugal has enjoyed over [...]

In October the American cloud-based big data technology hub Reltio was the latest international company to choose Lisbon as its springboard for European expansion. Chris Graeme speaks to Anshuman [...]

The Portuguese unicorn Farfetch, which has an office in Moscow, is “monitoring the conflict” before taking any decisions that could affect the business or its local employees in the Russian [...]

SWORD Health, the Portuguese startup that created the first digital solution for the treatment of musculoskeletal problems, had acquired Bright Technology’s software development unit. The [...]

Luxclusif, the online luxury second-hand fashion accessories platform will now be able to draw on a larger staff complement thanks to its purchase by Portuguese unicorn Farfetch. Founded by [...]

Unicorns which were either started by Portuguese entrepreneurs or have founders who are Portuguese are to take on up to 2,000 staff in 2022. According to an exclusive story in Eco online news, [...]

Virtually all of Portugal’s unicorns are now based overseas, mostly in the United States. Only one, Feedzai (high-tech fraud detection), is based in Portugal. Six unicorns (meaning companies that [...]

Portugal has its 7th unicorn. The crypto assets company Anchorage has raised €300 million. The San Francisco company, which was founded by Diogo Mónica and Nathan McCauley, and has achieved the [...]

The Portuguese fashion platform unicorn Farfetch has purchased the luxury fashion online platform Luxclusif. Found in 2013, Luxclusif, which has Portuguese founders and an office in Porto, works [...]

SWORD Health, a health-tech with Portuguese DNA has become Portugal’s latest and sixth unicorn after bagging an investment round worth US$163 million (€142 million). SWORD Health, which provides [...]