Best Energy Companies in Portugal
The 82 best Energy companies in Portugal in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: TagEnergy.
- International grid edge study reveals countries needs and readiness f
Our analysis of 441 Energy companies
$135.1b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in Portugal
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | TagEnergy Provider of energy generation services | $486M | 32 mo ago | Series D | Jacques Veyrat Co-Founder | 2019 | WordPressMySQLPHP+19 | 1 job opening · 1 expansion |
| 2 | Floene Distributor of medium and low-pressure gas | $153M | 118 mo ago | Late Stage | Gabriel Sousa CEO | 1847 | WordPressMySQLPHP+28 | — |
| 3 | ReGa Energy Provider of renewable gas | $86M | 35 mo ago | Series C | Thomas Carrier Founder & CEO | 2021 | WordPressPleskMySQL+19 | — |
| 4 | Magpower Manufactures CPV and develops fuel cells | $8M | 185 mo ago | Series A | — | 2002 | — | — |
| 5 | Rvesol Manufacturer of solar powered products | $3M | 71 mo ago | Series A | Vivian Vendeirinho Founder & Managing Director | 2010 | — | — |
| 6 | Bling Provider of solar energy solutions for residential installations without initial investment | $3M | 10 mo ago | Public | Bernardo Fernandez Founder | 2022 | WordPressMySQLPHP+25 | — |
| 7 | Heaboo A passive device for the stagnation temperature correction of hot water distribution systems in buildings. | $111K | 77 mo ago | Seed | Rui Teixeira Founder & MD | 2015 | — | — |
| 8 | Finerge Provider of construction & development of wind farms and solar PV plants produce renewable energy | — | 34 mo ago | Funding Raised | Pedro Norton CEO | 1996 | LeafletGSAPAlpine.js+12 | — |
Top 12 Energy companies in Portugal
#1
Public · Lisboa, Lisboa · founded 2022$3.3Mraised▾
Bling Energy is a privately held company operating in the energy storage industry. They offer turnkey solar installation services without the need for an initial investment.
#2
Series D · Lisbon, Lisbon · founded 2019$485.6Mraised▾
Provider of energy generation services
#3
Series C · Lisbon, Lisbon · founded 2021 · 26 employees$85.6Mraised▾
Provider of biomethane and green hydrogen to cement, glass, ceramics, chemicals and steel industries. The company develops, finances, builds, owns and operates plants, helping heavy industries decarbonize through direct delivery or renewable gas purchase agreements.
#4
Late Stage · Lisbon, Lisbon · founded 1847 · 196 employees$152.9Mraised▾
Distributor of natural gas-focused on managing the medium and low-pressure gas distribution network in Portugal. The company operates regional distribution networks to offer clean, efficient, economical and safe natural gas to customers, thereby decarbonizing energy consumption and energy transition and helping the country to transition towards a low-carbon economy.
#5
Series A · Leiria, Leiria District · founded 2010$3.5Mraised▾
KUDURA is a minigrid solutions that has been developed for rural areas that is an integrated clean energy and water solution that provides renewable electricity and biogas, potable water and organic fertiliser. The entire system consists of a hybrid Solar Photovoltaic plant, a Biogas and organic fertiliser plant, a Water Purification plant and a Central Monitoring unit to monitor and manage the entire operations of the plant.
#6
Series A · Agualva Cacem, Lisbon · founded 2002 · 110 employees$7.9Mraised▾
Magpower manufactures CPV solar modules and trackers, and is expanding the manufacturing capacity to an annualized run rate of 54MW by the end of 2013. The company also develops Magnesium Air Fuel Cell (“MAFC”) and related products. MAFC power creates an electro-chemical reaction that produce power without self-discharge and the harmful toxins.
#7
Seed · Aveiro, Aveiro District · founded 2015 · 9 employees$111.1Kraised▾
Manufacturer of an electric appliance intended to facilitate stagnation temperature correction. The company's device permits the correction of hot water distribution systems in buildings and also completes audits and energy certification of buildings relating to ventilation and air conditioning, enabling contractors to check the energy and water efficiency of the building.
#8
Funding Raised · Matosinhos, Porto District · founded 1996 · 124 employees—raised▾
Provider of construction & development of wind farms and solar PV plants produce renewable energy
#9
Acquired · Porto, Distrito Do Porto · founded 1948 · 75 employees—raised▾
Provider of integrated solutions for energy and mobility sectors. The company delivers systems for automation, switchgear, railway, metro, and electric vehicle charging. The company offers solutions that meet the evolving needs of the markets. The company designs and supplies telematics and signaling systems.
#10
Funding Raised · Lisbon, Lisbon · founded 2003—raised▾
Developer of wind energy projects
#11
Funding Raised · Oliveira de Frades, Viseu District · founded 1990—raised▾
Martifer is a multifunctional industrial group. The company constructs industrial building/plants, metallic equipment, and more. Also develops renewable energy plants. Services include construction management, asset management, O&M and others. Claims to have 250MW+ of solar and wind portfolio in operation. Developed over 1000MW of projects in places like Latin America, Iberian Peninsula and Central Europe. Has steel and metal structure units in 5 countries.
#12
Funding Raised · Lisbon, Lisbon · founded 1976 · 11657 employees—raised▾
In 2022, the company recorded annual revenues of $21.89B and a net profit of $0.71B
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in Portugal
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 473 Portugal-affiliated papers.
- Ministry of Education193
- Universidade do Porto48
- INESC TEC37
- University of Lisbon32
- Instituto de Engenharia de Sistemas e Computadores Investigação e Desenvolvimento26
- Battery (electricity)1→28
- Electrochemistry1→24
- Electrode1→19
- Graphene1→8
- Battery (electricity)1→37
- Photovoltaic system1→22
- Supercapacitor1→20
- Environmental economics1→16
- Energy management1→15
- Renewable energy15
- Battery (electricity)8
- Electrolyte7
- Cathode7
- Anode6
Where energy storage 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.
Common questions
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.