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Radar · Blockchain Technology in Portugal

Best Blockchain Technology Companies in Portugal

The 65 best Blockchain Technology companies in Portugal in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ethena.

65companies tracked
$86.5Mdisclosed funding
0unicorns
20have raised
Sources & further reading
  • Blockchain Technology Market Size, Share & Trends Analysis Report
  • Blockchain technology market to reach $1,431.54 billion by 2030
  • Global Blockchain Technology Market to 2028: Players Include Coinbase,
FLIAR INTELLIGENCE · BLOCKCHAIN TECHNOLOGY × PORTUGAL

Our analysis of 247 Blockchain Technology companies

$15.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

247companies analysed
95%cloud-native stacks
2024funding peak (by rounds)
20unicorns
2021median founding year
171kcombined LinkedIn audience
86%of audience held by top 3

Ranked: Best Blockchain Technology companies in Portugal

#CompanyDisclosed fundingLast roundStageFounderTech stackWeb popularityRecent signals
1Ethena
Platform offering multiple crypto-based financial solutions
$20M8 mo agoSeries BGuy Young
Founder
SentryNode.jsThree.js+19Top 5M1 launch · 6 partnerships
2Limitless
Provider of social crypto trading platform
$17M8 mo agoSeedRoman Mogylnyi
Chief Operations Officer & Co-founder
Turbopackstyled-componentsEmotion+26Top 1M1 launch
3Phantasma
Blockchain designed for gaming, smart NFTs, and dApp integration
$10M96 mo agoFunding RaisedSergio Flores
Founder & CEO
WordPressMySQLPHP+21Top 50M—
4Mintbase
Platform offering a launchpad for launching NFT projects
$8M50 mo agoSeries ANate Geier
CEO
Node.jsRadix UITailwind CSS+14Top 50M—
5Fight Out
Platform building a fitness app and high-end gym chain
$6M39 mo agoSeries ACarl Jones
CEO
WebflowAmazon Web Servicescore-js+9Top 50M—
6Texture Finance
Solana-based DeFi platform
$5M43 mo agoSeries AOleg Ravnushkin
Co-Founder
—Top 50M—
7Bitgreen
Sustainable blockchain infrastructure solutions
$5M45 mo agoSeries A————
8Zharta
Provider of a real-time NFTs loan platform
$4M47 mo agoSeedDiogo Pires
Co-Founder and CTO
WebflowAmazon Web Servicescore-js+10Top 50M1 partnership
9Kolibrio
Platform bringing MEV back to originators
$2M40 mo agoSeed————
10BITCLIQ
Provider of a platform with blockchain for gathering fishing fleets and their customers
$2M71 mo agoSeedPedro Araujo Manuel
Founder & CEO
———
11Rungie
Provider of blockchain based marketing services for content creators and artists
$2M47 mo agoSeedDavid Tomuletiu
Co-Founder
———
12Cropper
Automated market maker built on the Solana blockchain
$1M58 mo agoSeedArthur C
Co-Founder
—Top 50M—
13Interface
Online platform for cryptocurrency data solutions
$1M35 mo agoSeedAnna Nedospasova
Co-Founder
WebflowjQueryHSTS+8Top 50M—
14DROPPS
Decentralized infrastructure for the web3 industry
$1M34 mo agoSeedCarlos Caldas
Co-Founder & CEO
———
15Polkastarter
Decentralized fundraising platform for web3 projects
$875K66 mo agoSeedDaniel Stockhaus
Co-Founder & CEO
Node.jsTypeScriptGraphQL+25Top 5M—
16Bepro Network
Back-end as a service provider for blockchain-based apps
$349K87 mo agoSeed—Node.jsNextAuth.jsReact+11Top 50M—
17VelasPad
Blockchain-based IDO platform
$288K57 mo agoFunding RaisedAlex Alexandrov
Founder & CEO
———
18Youverse
Decentralized biometric authentication for web3
$110K53 mo agoFunding RaisedPedro Torres
Co-Founder & CEO
SentryApple iCloud MailMicrosoft 365+20Top 10M—

Top 12 Blockchain Technology companies in Portugal

#1
Series B · Lisbon, Lisbon · founded 2023
$20Mraised
▾

Platform offering multiple crypto-based financial solutions. It provides the derivative infrastructure in order to transform Ethereum into the crypto-native yield-bearing stablecoin. Its product portfolio includes a delta-neutral stablecoin with embedded yield, floating & fixed rate USD-denominated internet bonds, and repo financing.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 4.4% of this cohort's audience
Activity: 1 product launches · 6 partnerships (incl. Janus Henderson Investors) announced in 12 mo
Funding rounds
  • Sep 2025Series B$20M
  • Mar 2025Series B$16M
  • Dec 2024Series A$100M
  • Feb 2024Series A$14M
Founders & team
Guy YoungFounder
Investors
DRAGONFLY, Deribit, Bybit, OKX, Gemini, Huobi
Tech stack
Amazon S3Amazon Web ServicesCloudflareGitbookGsapHsts
#2
Seed · Lisbon, Lisbon · founded 2021
$17Mraised
▾

Provider of social crypto trading platform. It enables prediction markets, leveraging blockchain and AI technology to facilitate social trading and enable users to bet on various outcomes.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Oct 2025Seed$10M
  • Jul 2025Seed$4M
  • Sep 2024Seed$3M
Founders & team
Roman MogylnyiChief Operations Officer & Co-founderRev MillerCo-FounderDima HorshkovCo-Founder & Chief Product Officer
Investors
1confirmation, Paper Ventures, Collider, Public Works, Maelstrom, F-Prime Capital
Tech stack
AmplitudeCdnjsChakra UiCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#3
Series A · Lisbon, Lisbon · founded 2012
$5.8Mraised
▾

Platform building a fitness app and high-end gym chain. It is a move-to-earn platform that rewards users for completing workouts whether in the gym or at home in their living room. User workouts are personalized to their goals and ability, and their progress and achievements are analyzed and reflected directly in their digital avatar’s attributes.

Funding rounds
  • Mar 2023Series A$5.8M
Founders & team
Carl JonesCEO
#4
Series A · Lisbon, Lisbon · founded 2019 · 19 employees
$8.5Mraised
▾

Platform offering a launchpad for launching NFT projects. It helps users create and list NFTs on their own smart contracts with a full developer suite to enable you to build your own stand-alone market and NFT systems.

Funding rounds
  • Apr 2022Grant (prize money)$5M
  • Apr 2022Series A$7.5M
  • Nov 2020Seed$1M
  • Oct 2020Seed$780K
Founders & team
Nate GeierCEO
Investors
NEAR, D1 Ventures, Arweave, Ryze Labs, Woodstock, Coinbase-ventures.com
#5
Series A · Lisbon, Lisbon · founded 2021
$5Mraised
▾

Solana-based DeFi platform. The platform will launch a strategy called the “SOL power yield strategy” pool. This strategy pool pursues an algorithmic leveraged staking model to generate additional yield for a wide range of SOL staking positions. The upcoming Solana-based leveraged staking strategy means users can generate a risk-managed yield from the SOL tokens they already own while at the same time mitigating liquidation risks.

Funding rounds
  • Nov 2022Series A$5M
Founders & team
Oleg RavnushkinCo-Founder
Investors
P2P Capital, Wintermute, Semantic Ventures, Jane Street, Ryze Labs
#6
Series A · Lisbon, Lisbon · founded 2021 · 12 employees
$5Mraised
▾

Sustainable blockchain infrastructure solutions. It offers solutions for digital asset browser wallets, impact investing, carbon financing, and more. It also offers a tax credit transferability platform on the blockchain.

Funding rounds
  • Sep 2022Series A$5M
#7
Seed · Lisbon, Lisbon · founded 2021 · 20 employees
$4.4Mraised
▾

Provider of a real-time NFTs loan platform. It enables NFT holders to convert their digital assets into loans without losing ownership over them. It is an online marketplace for both lenders and borrowers.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 2.1% of this cohort's audience
Activity: 2 partnerships (incl. Securitize) announced in 12 mo
Funding rounds
  • Jul 2022Seed$4.4M
Founders & team
Diogo PiresCo-Founder and CTOPedro GranateCo-Founder & COONuno CortesãoCo-Founder & CEO
Investors
Shilling, Possible Ventures, Spaceshipdao, UniWhales, Olisipo Way, Clever
#8
Seed · Lisbon, Lisbon · founded 2022
$1.4Mraised
▾

Online platform for cryptocurrency data solutions. It enables users to compare wallets, research NFTs, and more. Its app is available for Android and iOS users.

Funding rounds
  • Jul 2023Seed$1.4M
Founders & team
Anna NedospasovaCo-FounderNikita KudryavtsevCo-Founder
Investors
Polymorphic Capital, Mask Network, Seed Club, Safe Ecosystem Foundation, Caballeros Capital
#9
Seed · Porto, Porto District · founded 2021
$1.3Mraised
▾

Decentralized infrastructure for the web3 industry. It builds dApps and protocols that leverage market opportunities making use of the tools and standards created by the Lukso blockchain.

Funding rounds
  • Jul 2023Seed$1.3M
Founders & team
Carlos CaldasCo-Founder & CEO
#10
Seed · Lisbon, Lisbon · founded 2022 · 7 employees
$2Mraised
▾

Platform bringing MEV back to originators. It allows transaction broadcasters like node providers, non-custodial wallets, cross-chain bridges, and dApps to offer a user experience that enables MEV-cashback, optimizes infrastructure, and improves the bottom line.

Funding rounds
  • Feb 2023Seed$2M
Investors
Jump Crypto, Delta Blockchain Fund, Everstake
#11
Funding Raised · Lisbon, Lisbon · founded 2018
$9.7Mraised
▾

Blockchain designed for gaming, smart NFTs, and dApp integration. The platform is designed for gaming, smart NFTs, and dApp integration, offering a next-generation content-sharing protocol that is decentralized. The platform also provides additional support for developers through Phantasma AI, Phantasma Hub, and developer documentation.

Funding rounds
  • May 2018ICO$9.7M
Founders & team
Sergio FloresFounder & CEO
Investors
squareblockcapital.com, 08Capital, Signal
#12
Seed · Funchal, Madeira · founded 2021 · 23 employees
$1.5Mraised
▾

Provider of blockchain based marketing services for content creators and artists

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Founders & team
David TomuletiuCo-Founder
Investors
K Fund

Funding & investor landscape

$86.5Mtotal disclosed funding
20companies funded
29disclosed rounds
0rounds last 90 days
Most active investors
Shilling3 rounds
Caballeros Capital2 rounds
F-Prime Capital2 rounds
Franklin Templeton2 rounds
GAINS Associates2 rounds
Indico Capital Partners2 rounds
Kilombo2 rounds
Maelstrom2 rounds
NGC Ventures2 rounds
Outlier Ventures2 rounds

Notable founders

Guy Young
Founder · Ethena
Roman Mogylnyi
Chief Operations Officer & Co-founder · Limitless
Rev Miller
Co-Founder · Limitless
Carl Jones
CEO · Fight Out
Nate Geier
CEO · Mintbase
Oleg Ravnushkin
Co-Founder · Texture Finance
Diogo Pires
Co-Founder and CTO · Zharta
Pedro Granate
Co-Founder & COO · Zharta
Anna Nedospasova
Co-Founder · Interface
Nikita Kudryavtsev
Co-Founder · Interface
Carlos Caldas
Co-Founder & CEO · DROPPS
Sergio Flores
Founder & CEO · Phantasma
Prism market signals · Portugal · country-scoped Prism corpus, 13,817 docs

Market landscape — 10 sub-themes by coverage

Share of Blockchain Technology coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Portugal

How research on Blockchain is moving in Portugal

A read on the academic research around Blockchain — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 351 Portugal-affiliated papers.

research sentiment over time
202120242026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 44% → 54% across 2021–2026.
top research entities
  • University of Lisbon52
  • Instituto de Engenharia de Sistemas e Computadores Investigação e Desenvolvimento50
  • University of Coimbra27
  • Iscte – Instituto Universitário de Lisboa26
  • Universidade Nova de Lisboa24
leading researchers
Rafael Belchior · André Vasconcelos · Miguel Correia · Paulo Rupino da Cunha · André Augusto · João C. Ferreira · Khadija Sabiri · Tiago Guimarães
▲ Breakthroughs99 · 28%
▲ 0%→28% share
1 median citations94% since 2021mostly methods-led
Breakthroughs are rising (0%→28% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security1→44
Newly emergingInteroperability 0→13 · Scalability 0→12 · Transparency (behavior) 0→9
Landmark BHEEM: A Blockchain-Based Framework for Securing Electronic Health Records · 334 cites
◆ Advancements134 · 38%
▲ 0%→39% share
2 median citations99% since 2021mostly methods-led
Advancements are rising (0%→39% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security57
  • Transparency (behavior)18
  • Traceability17
  • Supply chain11
  • Health care10
Newly emergingComputer security 0→57 · Transparency (behavior) 0→18 · Traceability 0→17
Landmark Blockchain-Based Fully Peer-to-Peer Energy Trading Strategies for Residential Energy Systems · 239 cites
▼ Concerns88 · 25%
▲ 0%→24% share
2 median citations92% since 2021mostly reviews
Concerns are rising (0%→24% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security1→44
Newly emergingInteroperability 0→17 · Internet privacy 0→13 · Transparency (behavior) 0→11
Landmark When Internet of Things Meets Blockchain: Challenges in Distributed Consensus · 334 cites
RESEARCH HOTSPOTS · Portugal

Where blockchain is researched across Portugal

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Lisbon152 · +0.42
Hot · Computer securityAdvancing · ArchitectureOpportunity · InteroperabilityConcern · Internet privacy
Porto40 · +0.49
Hot · Database transactionAdvancing · Operating systemOpportunity · Transparency (behavior)Concern · Computer security
Coimbra33 · +0.28
Hot · MarketingAdvancing · ScalabilityOpportunity · Computer securityConcern · Data science
Braga21 · +0.54
Hot · Transparency (behavior)Advancing · Health careOpportunity · Computer security
Aveiro16 · +0.51
Hot · AuditAdvancing · Transparency (behavior)Opportunity · Computer security
Covilha7 · +0.56
Hot · Computer securityOpportunity · Traceability
Funchal5 · +0.48
Advancing · ScalabilityOpportunity · Interoperability

Common questions

How many Blockchain Technology companies are there in Portugal?
Radar tracks 65 indexable Blockchain Technology companies headquartered in Portugal that meet our profile-completeness bar.
What is the total funding raised by Blockchain Technology companies in Portugal?
The Blockchain Technology companies in Portugal on this list have raised a combined $86.5M in disclosed equity funding across 20 funded companies.
Which is the highest-funded Blockchain Technology company in Portugal?
Ethena is the highest-funded Blockchain Technology company in Portugal, with $20M in disclosed equity funding.
How many Blockchain Technology companies in Portugal are funded?
20 of the 65 Blockchain Technology companies in Portugal on this list have disclosed at least one equity funding round.
How many Blockchain Technology unicorns are there in Portugal?
None of the Blockchain Technology companies in Portugal on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Portugal Blockchain Technology companies?
The most active investors in Portugal Blockchain Technology companies on this list include Shilling, Caballeros Capital, F-Prime Capital, Franklin Templeton, GAINS Associates.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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