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Radar · Energy Efficiency Tech in Portugal

Best Energy Efficiency Tech Companies in Portugal

The 33 best Energy Efficiency Tech companies in Portugal in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CSide.

33companies tracked
$72.1Mdisclosed funding
0unicorns
6have raised
FLIAR INTELLIGENCE · ENERGY EFFICIENCY TECH × PORTUGAL

Our analysis of 50 Energy Efficiency Tech companies

$7.8b in tracked funding; 86% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
86%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2014median founding year
52kcombined LinkedIn audience
51%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best Energy Efficiency Tech companies in Portugal

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackPatents & IP focusRecent signals
1AliveBuildings
Provider of energy management software solutions
——Unfunded—Pedro Domingues
Founder & CEO
———
2Bclose
Solution provider in the areas of safety, health, wellness and energy
——Unfunded2————
3Bee2Solutions
Provider of software and IoT solutions
——Unfunded—Paulo Fernandes
Co-Founder
———
4Belmont Electronics
Operator of an energy efficiency company. The company helps in the monitoring of the energy consumption using…
——Deadpooled1————
5buildONE
Online energy and sustainability management platform
——Unfunded—Helder Marques
Co-Founder
———
6Cloogy
Energy management solutions with integration smart home appliances
——Unfunded—James Napier
CEO
———
7Eggy
Energy monitoring egg to save energy
——Deadpooled—Pedro Ferreira
Founder
———
8IOplug
Smart plugs to control electricity consumption
——Deadpooled—Marzieh Bakhshandeh
Co-Founder
———

Top 12 Energy Efficiency Tech companies in Portugal

#1
Acquired · Coimbra, Coimbra District · founded 2020 · 119 employees
$26.4Mraised
▾

Provider of energy management software solutions for commercial and industrial applications. The product offerings include Kiplo - a virtual power plant that helps utilities address market imbalances, Cloggy - which provides household real-time actionable data about rates of consumption, generation, and storage, and Kisense - which provides energy optimization solutions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 14k LinkedIn followers — 26.9% of this cohort's audience
Founders & team
Luisa MatosCo-Founder & Co-CEOJames McDougallCo-FounderMichael PintoCo-Founder & Co-CEO
Investors
Europa, Verdane, LC Ventures, Newzone, Portugal Ventures, Tejo Ventures
Tech stack
All In One SeoAzure Edge NetworkCloudflareCloudflare Bot ManagementCore-JsGodaddy
#2
Seed · Porto, Porto District · founded 2017 · 10 employees
$1.6Mraised
▾

Provider of AI and cloud-based energy management systems for buildings. It takes inputs from users, regular sensors, building management systems, and financials from finance managers to analyze energy demand, leading to actionable insights to save energy.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 8.2% of this cohort's audience
Activity: 1 partnerships · 1 awards (incl. Rafael Lobo Galasso) announced in 12 mo
Funding rounds
  • Aug 2024Seed$1.6M
Founders & team
Marcia PereiraCo-Founder & CEO
Investors
BlueCrow, Portugal Ventures, ClimateLaunchpad, Lanzadera
Tech stack
WixReactGoogle CloudPolyfillLodashPriority Hints
#3
Series A · Mirandela, Braganca District · founded 2018 · 30 employees
$5.2Mraised
▾

Provider of energy monitoring system. It provides sensorless AI-powered Digital Twin technology and Dynamic Line Rating solutions for energy monitoring.

Founders & team
Manuel LemosCo-FounderWerner LacherCEO
Investors
EIT InnoEnergy, Santander InnoVentures, Criteria Venture Tech, CriteriaCaixa, HCapital, Bind 4.0
Tech stack
CloudflareFramer SitesGoogle AnalyticsGoogle Font ApiGoogle WorkspaceHsts
#4
Seed · Braga, Braga District · founded 2024
$110.9Kraised
▾

Energy market aggregator that automatically switch customers to energy provider

Founders & team
Andre PedroCo-Founder & CEOJose SaCo-FounderFrancisco Val FerreiraCo-Founder
Investors
HEARTFELT_
Tech stack
CdnjsChakra UiCloudflareCloudflare Browser InsightsCore-JsEmotion
#5
Seed · Porto, Porto District · founded 2013 · 25 employees
$3.4Mraised
▾

Provider of cloud-based connected poles for public spaces. It offers self-powered light poles with in-built electric vehicle charging points, environment monitoring sensors, and surveillance cameras. Its features include a companion cloud platform for traffic monitoring, electric cycle docking capability, and usage of recyclable materials. It also offers IoT-enabled smart benches as public infrastructure.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 11.3% of this cohort's audience
Funding rounds
  • May 2022Grant (prize money)$150K
  • Nov 2019Grant (prize money)$178K
  • Jan 2019Seed$2.3M
  • Jul 2015Grant (prize money)$54.8K
Founders & team
Pedro RuaoFounder & CEO
Investors
EIC Fund, HCapital, Portugal Ventures, CalSEED, Europa, Digital Catapult
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGoogle WorkspaceGsapHsts
#6
Series B · Vila Nova de Gaia, Porto District · founded 2008 · 10 employees
$35Mraised
▾

Developer of software applications designed for customers to make a difference in emerging areas of value-added services in the commercial and residential segments. The company's applications include energy consumption management application, solar and wind energy, gas consumption management software and other related software, enabling customers to be offered with a wide range of innovative cloud-based technology to help in detection of energy consumption.

Founders & team
Francisco GoncalvesCEO
Investors
Investcorp, Portugal Ventures
Tech stack
BootstrapRecaptchaJqueryGoogle AnalyticsGoogle Font ApiFont Awesome
#7
Seed · Oeiras, Lisbon · founded 2012 · 9 employees
$107Kraised
▾

Watt Intelligent Solutions partner with utilities to provide tailored made energy efficiency reports delivered jointly with billing information for households and SME's. Their solutions include - identify and disaggregate the most significant energy uses in each household using smart metering data, peer comparison and benchmarking. Watt-IS was incubated at Building Global Innovators program

LinkedIn Pulse recent public activity · Jul 2026
Audience: 753 LinkedIn followers
Funding rounds
  • Mar 2017Grant (prize money)$53.7K
  • Dec 2016Grant (prize money)$53.3K
  • Mar 2015Seed—
Founders & team
Miguel CarvalhoCo-Founder & CEOHenrique PombeiroCo Founder
Investors
2bpartner, EIC Fund, Europa, BGI, I3 Connect, MIT Portugal Program
Tech stack
WordpressMysqlPhpParticles.JsBootstrapThe Seo Framework
#8
Seed · Lisbon, Lisbon · founded 2009
$161.5Kraised
▾

Operator of water treatment management and energy assessment company intended to address water and energy saving and supply in buildings and other large facilities. The company provides a web-based platform for building utility management targeting large buildings and facilities to track, manage, and control electricity, water, and gas consumption. and also provides complete data that will be visible on a dashboard that can be accessed via smartphone or computer, enabling clients with all-in-one monitoring and management utility and helping them to track and manage electricity, water, and gas consumptions.

Founders & team
Gustavo Pita SoaresFounder & CEO
Investors
INCENSe Accelerator, Madan Parque
Tech stack
Nginx
#9
Acquired · Vila Nova de Gaia, Porto District · founded 2009
—raised
▾

Provider of energy waste heat recovery solution. It offers shower drain heat recovery systems that lead to energy savings and reduce carbon footprint. It provides solutions for showering and reduces energy consumption.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 3.2% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Técnico de Qualidade
Founders & team
Andre FonsecaCEO
Investors
EDP Ventures, EDP Starter, Change Partners
#10
Funding Raised · Alges, Lisbon · founded 2016
—raised
▾

Hoterway provides solutions for water heating for the shower. Its shower technology instantly heats the cold water in the tubing and provides water with constant temperature throughout the shower.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 924 LinkedIn followers
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Jun 2020Grant (prize money)—
Founders & team
Rafael RodriguesCo-FounderEduardo NoronhaCo-FounderRui TeixeiraFounder and Managing Director
Investors
MassChallenge
#11
Acquired · Porto, Porto District · founded 2008 · 22 employees
—raised
▾

Developer of energy management software catering to the energy industry. The company offers a package of applications to monitor and manage energy forecasts, weather forecasts, energy consumption, industrial production and building management, thereby helping its clients with energy systems optimization from the project to the installation of the energy systems and also the management of the assets in real-time, covering the value chain from top to bottom.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 10.2% of this cohort's audience
Hiring: 7 hiring posts in 12 mo (public) · momentum -1 · hiring: Técnico Sénior de Eficiência Energética (SCE), Coordenador Técnico - rea Renováveis
Founders & team
Jorge Borges de AraujoCEO
Investors
European Union, Caixa Capital
Tech stack
WordpressMysqlPhpYoast SeoNginxWpml
#12
Funding Raised · Coimbra, Coimbra District · founded 2013 · 2 employees
—raised
▾

Active Aerogels develops and manufactures aerogels for thermal insulation and filtration purposes which find application in markets like oil & gas, housing, space and waste water treatment. Their aerogels are available in form of panels, powder & beads, and spray-on. The company has customers like Henkel, Fixit, European Space Agency, CERN, Orbital Aerospace Systems etc.

Investors
Europa
Tech stack
WordpressMysqlPhpTheme Horse AttitudeApache Http ServerJquery Migrate

Funding & investor landscape

$72.1Mtotal disclosed funding
8companies funded
9disclosed rounds
0rounds last 90 days
Most active investors
Portugal Ventures7 rounds
EDP Starter5 rounds
BGI4 rounds
Europa4 rounds
EIT InnoEnergy3 rounds
EIC Fund2 rounds
HCapital2 rounds
I3 Connect2 rounds
PME Investimentos2 rounds
2bpartner1 rounds

Notable founders

Luisa Matos
Co-Founder & Co-CEO · Cleanwatts
James McDougall
Co-Founder · Cleanwatts
Marcia Pereira
Co-Founder & CEO · Bandora
Manuel Lemos
Co-Founder · Enline
Werner Lacher
CEO · Enline
Andre Pedro
Co-Founder & CEO · Manie
Jose Sa
Co-Founder · Manie
Pedro Ruao
Founder & CEO · Omniflow
Francisco Goncalves
CEO · CSide
Miguel Carvalho
Co-Founder & CEO · Watt Intelligent Solutions
Henrique Pombeiro
Co Founder · Watt Intelligent Solutions
Gustavo Pita Soares
Founder & CEO · Geratriz
RESEARCH SIGNALS · Portugal

How research on Energy Efficiency & Buildings is moving in Portugal

A read on the academic research around Energy Efficiency & Buildings — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 221 Portugal-affiliated papers.

research sentiment over time
201520202025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and steady — the enthusiastic (strongly-positive) share moved 58% → 57% across 2015–2025.
top research entities
  • Polytechnic Institute of Porto41
  • INESC TEC29
  • Universidade do Porto27
  • Institute for Systems Engineering and Computers21
  • University of Coimbra19
leading researchers
Zita Vale · João Pedro F. Trovão · Pedro Faria · João P. S. Catalào · Carlos Henggeler Antunes · Luís Gomes · Gerardo J. Osório · Victor D. N. Santos
▲ Breakthroughs46 · 21%
▼ 24%→21% share
▼0.9× share momentum2 median citations43% since 2021mostly methods-led
Breakthroughs are cooling (24%→21% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy1→5
Landmark Consumer energy management system with integration of smart meters · 82 cites
◆ Advancements148 · 67%
▼ 69%→67% share
▲1.0× share momentum3 median citations45% since 2021mostly methods-led
Advancements are cooling (69%→67% of field), led by Energy (signal processing).
rising sub-themes (early→recent)
  • Energy (signal processing)3→8
  • Flexibility (engineering)1→6
  • Heat exchanger3→8
  • Heat pump5→10
  • Electricity5→9
Newly emergingThermal 0→5
Landmark Energy Management of a Smart Railway Station Considering Regenerative Braking and Stochastic Behaviour of ESS and PV Gen · 168 cites
▼ Concerns10 · 5%
▼ 4%→3% share
▼0.8× share momentum0 median citations40% since 2021mostly empirical
Concerns are cooling (4%→3% of field), led by Energy management.
rising sub-themes (early→recent)
  • Energy management3
  • Energy management system2
  • Vernacular architecture2
  • Architecture2
  • Electricity2
Landmark Smart Home Energy Management · 59 cites
RESEARCH HOTSPOTS · Portugal

Where energy efficiency 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.

Porto84 · +0.54
Hot · Flexibility (engineering)Advancing · Energy managementOpportunity · Particle swarm optimization
Lisbon47 · +0.61
Hot · Energy consumptionAdvancing · Efficient energy useOpportunity · Heat exchanger
Coimbra21 · +0.52
Hot · Electric vehicleAdvancing · GridOpportunity · Model predictive control
Aveiro14 · +0.62
Hot · Coefficient of performanceAdvancing · Heat pumpOpportunity · Adsorption
Covilha14 · +0.49
Hot · Energy management systemAdvancing · Smart grid
Braga6 · +0.43
Opportunity · Renewable energy
Faro6 · +0.33
Hot · Energy (signal processing)Advancing · Energy managementOpportunity · Renewable energy

Common questions

How many Energy Efficiency Tech companies are there in Portugal?
Radar tracks 33 indexable Energy Efficiency Tech companies headquartered in Portugal that meet our profile-completeness bar.
What is the total funding raised by Energy Efficiency Tech companies in Portugal?
The Energy Efficiency Tech companies in Portugal on this list have raised a combined $72.1M in disclosed equity funding across 8 funded companies.
Which is the highest-funded Energy Efficiency Tech company in Portugal?
CSide is the highest-funded Energy Efficiency Tech company in Portugal, with $35M in disclosed equity funding.
How many Energy Efficiency Tech companies in Portugal are funded?
8 of the 33 Energy Efficiency Tech companies in Portugal on this list have disclosed at least one equity funding round.
How many Energy Efficiency Tech unicorns are there in Portugal?
None of the Energy Efficiency Tech companies in Portugal on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Portugal Energy Efficiency Tech companies?
The most active investors in Portugal Energy Efficiency Tech companies on this list include Portugal Ventures, EDP Starter, BGI, Europa, EIT InnoEnergy.
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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