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I spent the past few days in the beautiful city of Lisbon, Portugal, to attend the annual Switch Conference and gain some insights into the Portuguese startup ecosystem (and to enjoy several local seafood dishes and pastries).
Portugal Cities like Lisbon, Porto, and Braga have emerged as thriving hubs for remote workers, offering reliable high-speed internet, a lively creative and startup scene, and a warm, welcoming community of international professionals. Portugal meanwhile has the advantage of being an hour nearer the U.S.
With immediate access to homegrown apps on their new smartphones, people can find services that are directly relevant to their needs (like local food delivery and Wi-Fi access finders). An example of a great startup incentive took place in Portugal, where tax reductions were offered to companies that hired unemployed workers or students.
The hubs, which include the existing ones in Lisbon (Portugal) and Tbilisi (Georgia), are intended to help its more than 100 clients hire local talent without having to establish operations in those jurisdictions. “We Manara gets $3M to grow tech talent pool in the Middle East and North Africa.
Felicity Ace operator MOL Ship Management Singapore says the ship sunk at 9AM local time around 220 nautical miles (about 253 miles) off the coast of the Azores, an archipelago in the mid-Atlantic that’s an autonomous region of Portugal.
But it wants to offer a product that feels like a local product with a local card and a local IBAN to increase acceptance rates. Lydia is starting with Portugal. “We’re going to try every single product — credit, savings, investment,” Chiche said. The company is also slowly expanding to more countries.
We spoke to four food security organizations in Colombia, Portugal, South Africa, and the United States to better understand the challenges facing organizations working in food security and the ways the pandemic has shifted operations for them.
Ricardo Weder , former president of Cabify (a large ridesharing company operating in Latin America, Spain and Portugal) founded Jüsto in 2019 with a mission to “disrupt the Latin American grocery industry.” Existing backers also participated in the round, including Foundation Capital and Mountain Nazca.
last year , Lightyear has entered a space that includes local incumbents such as the well-funded Freetrade , not to mention long-established players on the other side of the Atlantic such as Robinhood , which canned its U.K. Launching out of stealth initially in the U.K. launch plans back in 2020.
Wertheimer added that part of the bike manufacturing is likely to be brought to Portugal in order to fulfill demand. The power and top speed is able to be adjusted to comply with local regulations. Electric bikes and electric scooters are crucial to solving the mobility issues we see today, of congestion and pollution.”.
I’m convinced that the future of this category will be represented by three or four local players that are strong in other countries.” But the company is already looking at other markets as well — Belgium, Italy, Spain, maybe Portugal or Eastern Europe countries. Henri Capoul said.
In order to translate this correctly into Brazilian Portuguese, a model must overcome two potential pitfalls: The strong geographical association between Lisbon and Portugal might influence a model to generate a European Portuguese translation instead, e.g., by selecting " autocarro ” rather than " ônibus ".
It will hire for its engineering and product development centers in the United States, Eastern Europe and India, and add new centers in Ukraine, Portugal, Greece, Mexico and Argentina. The company’s last round of funding, an $7 million seed, was announced just eight months ago.
All trips are organized and run by a certified tour operator and include a local guide to ensure a safe experience. Our first trip was to Italy and then the next two were to Portugal.” TrovaTrip handles payment processing, customer support, traveler management and also covers the host with free insurance during the trip.
” (There are exceptions to this, Romero noted, due to localized needs: Payroll, for example, is available in nine markets and in each of those Factorial integrates with local companies that actually run the process.). Factorial to date has picked up some 7,000 customers across Europe in countries like the U.K.
“This data-driven supply-acquisition strategy, combined with local real estate knowledge on the ground, ensures that the moment Ukio launches in a new city, we are able to quickly and efficiently acquire a pipeline of high-quality apartments.” ” Ukio co-founders Jeremy and Stanley Fourteau. Image Credits: Ukio.
“We aim to increase our presence on the markets where we are already active: Spain, Russia, Portugal, Turkey, and launch on new markets, with new languages — mainly EU Countries, like France, Germany, Greece, Italy and Romania,” he adds. They represent a B2C approach, with a strong local presence.
Although there are a lot of competitors in the same space as Remote — they include a number of more local players alongside a pretty big range of startups like Oyster (which announced $50 million in funding in June ), Deel, which is now valued at $1.25 Remote raises $35M to help orgs with global workforce payroll, benefits and more.
Nonetheless, Bounce claims it was able to continue growing its business during the pandemic — saying i t paid out more than one million dollars to local businesses during the pandemic in spite of COVID-19’s impact. Bounce also established a European HQ in Lisbon, Portugal, last year to prep for its regional growth push.).
Chat to local founders and there’s a litany of administrative, tax-based and fundraising pain-points they’ll quickly point to as frustrations. The idea of opening up sandboxing is popular with local gig platform Glovo. So it will be something of a milestone. without needing to worry about regulatory compliance first).
Aventa e-bikes are being assembled in Portugal with components sourced from around the world. Furosystems does provide instructions to override the speed limit “to comply with local regulations,” requiring just a few taps on the buttons surrounding the LCD display. The 25 km/h speed limit can be overridden for markets that allow it.
TechCrunch: In order to be able to access the support package a local startup must be an innovative business that’s up to five years old (or seven in biotech); making up to €5 million in revenue; and have at least 60% of its employees in Spain. So we get on par with countries like France, Portugal, Estonia, Croatia, and the Netherlands.
Damien Howard. Contributor. Share on Twitter. Damien Howard is a partner in the Orange County office of Knobbe Martens. His practice focuses on protecting medical device, telecommunications, software and electronics-based inventions for both established companies and startups. Vlad Teplitskiy. Contributor. Share on Twitter.
A few other news entities appeared to have followed suit, including the prominent Boston NPR affiliate WBUR , Hawaii Public Radio and LA-based local news source LAist. cat a were labeled “government-funded media” weeks later. On February 8, Twitter Blue extended services further to India, Indonesia and Brazil.
Sweden, Denmark, Norway, Finland, Spain, and Andorra are the first six countries it’ll be available in, before it expands to the following 14 territories next year: Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Moldova, Montenegro, North Macedonia, Poland, Portugal, Romania, Serbia, Slovakia, and Slovenia.
The Team For a Better World from Portugal developed a prototype low-cost portable device that determines blood types in about 5 minutes. Team Confufish Royale from Australia developed an app called Foodbank Local that allows businesses to easily donate excess food. Here are the three winners in that category.
Steven knows we live in a very highly descendants of Portugal here. From 2018 - 2020, she served as the Director of Communications for the Public Relations Society of America's local Hoosier chapter. Oh, it’s a nightmare, isn’t it? So it’s your data, protect it, clean it up. Now, I get so cautious.
Lagos has been building a strong local startup scene for years, and this week that translated into a win that could mark a new era for the city, country and beyond. In this week’s European investor survey for Extra Crunch, Mike Butcher checks in on Vienna, Austria , which has been tallying up growth in local startup activity recently.
A 2019 analysis of shutoffs in Placer County, California, found that they harmed 70% of local businesses. On the other hand, keeping cash can protect youand not just you and your family but also local businesses and your community. Massive wildfires have also occurred recently in South Korea , Portugal , and Australia.
Pistachio Snickers bars are from India, now subject to 26% tariffs, while passion fruit mousse Snickers are from Portugal, now under the 20% European Union levies. Unless youre talking about something very simple from your local farmers market, almost every product relies on ingredients from elsewhere.
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