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Lisbon

Metro area · Portugal · Pop. 2.9M · WithinWorldEMEAEuropeEuropean UnionPortugalLisbon

Startup funnel

Lisbon's startup funnel

Companies headquartered in Lisbon at each stage today, by total VC raised. Hover or tap a bar for the split.

274
Startups
$100K–15M raised

136 pre-seed · 90 seed · 48 Series A

29
Breakouts
$15–100M raised

22 Series B · 7 Series C

5
Scaleups
$100M+ raised

1 Mega · 4 Mega+

3
Unicorns and/or $100M+ revenue

1 valued at $1B+ · 2 with $100M+ revenue

Source: Dealroom.co

Quarterly report

Lisbon's latest quarter in venture capital

Venture capital raised by Lisbon-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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Enterprise value

How much Lisbon’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Lisbon, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into Lisbon

VC investment into Lisbon-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in Lisbon

A live treemap of the largest VC rounds. Each cell is one round into Lisbon-headquartered companies, grouped by Dealroom sector.

Largest rounds in Lisbon - 2026

Every $15M+ VC round into Lisbon-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Academia

Lisbon's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Lisbon.

University-linked startup formation
207
University spinouts
842
Total alumni-founded companies
663
Of which startups (<$15M raised)
137
Breakouts ($15M-100M)
42
Scaleups ($100M+)
University ranking By alumni who went on to found startups
# University City Founders Companies
1 University of Lisbon Higher Technical Institute - Tecnico Lisboa Lisbon 805 861
Unlock the full university ranking for Lisbon on Dealroom

Location comparison

How Lisbon stacks up

Compare Lisbon with peers from the same country (Portugal) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$68.7B
$66B
$61.2B
$52.8B
$47.7B
$44.8B
Lisbon
$24.5B

Combined enterprise value of each ecosystem.

Get the full Lisbon ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.