Best Internet of Things - Industry Applications Companies in Portugal
The 70 best Internet of Things - Industry Applications companies in Portugal in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Adapttech.
Our analysis of 184 Internet of Things - Industry Applications companies
$13.9b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things - Industry Applications companies in Portugal
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Adapttech Provider of smart prosthetic technology for orthopedic rehabilitation | $7M | 50 mo ago | Series A | 28 | 2015 | — | — |
| 2 | Kinematix Wearable technology for running | $7M | 115 mo ago | Series B | 11 | 2007 | Paulo Ferreira dos Santos Founder & CEO | — |
| 3 | Habit AI-based data analytics platform for insurers and underwriters | $6M | 43 mo ago | Series A | 49 | 2012 | Domingos Bruges Co-Founder & CEO | 1 partnership |
| 4 | C-mo Provider of a cough monitoring and diagnostic device for healthcare providers | $5M | 45 mo ago | Seed | 8 | 2020 | Diogo Tecelao Co-Founder & CEO | — |
| 5 | Omniflow Provider of cloud-based connected poles for public spaces | $3M | 49 mo ago | Seed | 25 | 2013 | Pedro Ruao Founder & CEO | — |
| 6 | Virtuleap VR-based platform for cognitive assessment and training | $3M | 30 mo ago | Seed | 19 | 2016 | Hossein Jalali Cofounder & CTO | 1 award |
| 7 | GLARTEK IoT platform for visualizing data in real time using AR-enabled apps and devices | $2M | 11 mo ago | Seed | 35 | 2016 | Luis Murcho Co-Founder & CEO | — |
| 8 | Bandora Provider of AI and cloud-based energy management systems for buildings | $2M | 22 mo ago | Seed | 10 | 2017 | Marcia Pereira Co-Founder & CEO | 1 partnership · 1 award |
| 9 | Enging - Make Solutions Predictive maintenance and energy solutions | $1M | 87 mo ago | Acquired | 20 | 2012 | — | — |
| 10 | Azitek Provider of industrial IoT solutions for asset tracking and management | $806K | 24 mo ago | Seed | 4 | 2017 | Rui Gomes Co-Founder | 1 partnership |
| 11 | Agroop Farm management software with integrated farm data collection | $712K | 67 mo ago | Seed | 18 | 2014 | Bruno Rodrigues Co-Founder | — |
| 12 | Homeit Connected locks for home automation applications | $596K | 84 mo ago | Seed | 11 | 2015 | Andre Roque Co-Founder | — |
| 13 | KFactory IoT enabled analytics solution for manufacturing companies | $242K | 41 mo ago | Seed | 11 | 2019 | Adrian Dima Co-Founder | — |
| 14 | Infinite Foundry Provider of a 3D digital twin platform | $167K | 75 mo ago | Seed | 20 | 2017 | Bruno Eisinger Co-Founder | 1 launch |
| 15 | Sensefinity Provider of IoT enabled tracking solutions for end-to-end supply chain visibility | $128K | 67 mo ago | Seed | 15 | 2015 | Tiago Andrade Co-Founder & CMO | — |
| 16 | Mater Dynamics Sensors to track products in supply chain | $108K | 109 mo ago | Funding Raised | 3 | 2015 | Tiago Cunha Reis Founder | — |
| 17 | Watt Intelligent Solutions Energy efficiency solutions for households and SME's by analyzing smart meter data | $107K | 110 mo ago | Seed | 9 | 2012 | Miguel Carvalho Co-Founder & CEO | — |
Top 12 Internet of Things - Industry Applications companies in Portugal
#1
Seed · Lisbon, Lisbon · founded 2016 · 35 employees$1.7Mraised▾
Glartek has developed an IoT platform that allows the user to visualize the collected data in real time using AR-enabled mobile apps and devices. The company has developed a gateway called GLARCONNECT that can be used for colleting data from various sources and a cloud-based platform called GLARBOARD that can be used for storing the sensor data. The company was incubated by Startup Lisboa Incubator and has worked with clients like Unilever and H-farm.
- Jul 2025Seed$2.4M
- Mar 2019Seed$1.7M
- Jun 2018Grant (prize money)$58.3K
#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.
- Aug 2024Seed$1.6M
#3
Seed · Lisbon, Lisbon · founded 2016 · 19 employees$2.6Mraised▾
VR-based platform for cognitive assessment and training. The company offers Enhance a headset provides VR experience is a daily brain training workout that offers short, fun, and intense games designed to test and train various cognitive skills.
- Dec 2023Seed$2.5M
- Jul 2020Seed$100K
#4
Seed · Leca da Palmeira, Porto District · founded 2017 · 4 employees$805.6Kraised▾
Provider of industrial IoT solutions for asset tracking and management. The company delivers real-time visibility and insights for streamlined operations within industrial and logistics environments. It offers precise asset localization, seamless system integration, and error reduction through process optimization. The company provides inventory management, material handling equipment monitoring, and predictive route planning.
- Jun 2024Seed$804.8K
#5
Series A · Lisboa, Lisboa · founded 2012 · 49 employees$6.1Mraised▾
Developer of an insurance management platform designed to offer multi-line insurance capabilities to insurers. The company's platform helps to deploy innovative digital products fast and leverage real-time data to better assess risk and improve the claims ratio, enabling users to avail of suitable insurance plans for their desired service from their registered insurers.
#6
Series A · Porto, Porto District · founded 2015 · 28 employees$7.4Mraised▾
Provider of smart prosthetic technology for orthopedic rehabilitation. In most prosthetics, there is a lack of adaptation between the stump of the amputee and his/her prosthesis socket which causes discomfort. Adapttech uses novel, smart and wearable technologies to deliver full adaptation and greater comfort in a very short period of time.
#7
Seed · Costa da Caparica, Setubal District · founded 2020 · 8 employees$4.8Mraised▾
Provider of a cough monitoring and diagnostic device for healthcare providers. The company has developed a wearable smart device C-mo which has the ability to record cough patterns of an individual on a real time basis for further analysis. The device can be worn by patients or individuals to monitor cough patterns on a regular basis the recording of these can be analyzed on the C-mo’s software by doctors for disease diagnosis.
- Sep 2022Seed$4.8M
- Jun 2020Grant (prize money)—
#8
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.
- May 2022Grant (prize money)$150K
- Nov 2019Grant (prize money)$178K
- Jan 2019Seed$2.3M
- Jul 2015Grant (prize money)$54.8K
#9
Series B · Porto, Porto District · founded 2007 · 11 employees$7.1Mraised▾
Developer of wearable device designed to deliver personalized exercise plans. The company's devices measure basic GPS stats such as pace or speed as well as each foot's behavior on the ground via sensors in-shoe like stance dynamics, stance time, strides and symmetry, enabling runners to improve their form and fitness.
#10
Seed · Vendas Novas, Evora District · founded 2019 · 11 employees$242.4Kraised▾
KFactory offers an Internet of Things enabled solution for industrial applications, chiefly for the manufacturing sector. The cloud-based platform gathers data from different sources thereby enabling users to monitor business and system events for taking right actions by sending messages using multiple channels to businesses responsible. It also gives insights on operators and orders performance, also on side-processes performance, like maintenance, manage improvement plans, show data inside the factory and communicate in real-time evolution of production. The platform can be integrated with ERPs and other external sources. The target market includes automotive, printing, textile, wood, electrical components, food, plastic, and others.
- Jan 2023Grant (prize money)$38.2K
- Jun 2020Seed$242.4K
#11
Seed · Oeiras, Lisbon · founded 2014 · 18 employees$712.1Kraised▾
Agroop is a farm management software that enables farmer to organize and integrate all the farm data (even the soil data collected from sensors), maintain activity records, macro management of field force, etc. The software is cloud based available as a service on multiple platforms including Android and iOS. The company is incubated at EDP Starter as of June, 2016.
- Nov 2020Grant (prize money)$68K
- Apr 2018Grant (prize money)$60.6K
- Jan 2018Grant (prize money)$60.1K
- Aug 2017Seed$618.9K
#12
Acquired · Oliveira do Hospital, Coimbra District · founded 2012 · 20 employees$1.2Mraised▾
Enging - Make Solutions (EMS) offers a wide range of products and services in Predictive maintenance, Energy Solutions, Security Solutions, Automation & Instrumentation, Networks and infrastructure. EMS TCM - Power Transformers Condition Monitoring is a tool for online monitoring and know in real time the condition of various assets to reduce preventive maintenance costs and increase the transformers life, and lifetime of assets.
- Mar 2019Series A$1.2M
- Aug 2017Grant (prize money)$59.1K
- Jan 2017Grant (prize money)$52.6K
- Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Internet of Things - Industry Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Internet of Things is moving in Portugal
A read on the academic research around Internet of Things — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 317 Portugal-affiliated papers.
- Instituto de Telecomunicações67
- Universidade do Porto32
- University of Trás-os-Montes and Alto Douro24
- University of Aveiro24
- University of Minho20
- Wireless sensor network2→24
- Smart city1→9
- Computer network1→8
- Quality (philosophy)1→5
- Wireless1→8
- Computer network1→8
- Wireless sensor network5→11
- Real-time computing1→6
- Software deployment1→5
- Computer security2→9
- Key (lock)1→4
- Smart city3→5
Where iot 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.