< Return

proGrow in the Top 25 of the best Portuguese Scaleups!

Diana Morgado

Marketing Specialist

The Scaleup Portugal 2023 report, promoted by BGI - Building Global Innovators, has identified the top 25 Portuguese scaleups and proGrow is in 22nd place in the ranking.

According to the report, the 25 largest national Scaleups have already raised a total of 275.45 million euros, around 80% of the total investment raised by the digital startup ecosystem in Portugal between 2018 and November 2023. 

In all, the 413 technology companies analyzed raised a total of 349,114,931.77 euros between 2018 and November 2023, generating cumulative revenues of 711,085,544 euros between 2018 and 2022. More than 60% of the startups/scaleups identified operate in the area of Information and Communication Technologies (ICT), followed by Consumer & Web, with around 17%; CleanTech & Industry 4.0 (14.5%) and MedTech & Health IT (7%).

It is an honor for proGrow to be considered one of the most promising Scaleups in 5 years, and it is a great milestone to be one of the 25 organizations chosen from a universe of 413 companies.

We couldn't be prouder of this distinction!

Market Study

Digitize to Compete: The
State of the Portuguese Industry

Download our infographic for free and explore the challenges, benefits, and trends of digital transformation in the industrial sector.
Thank you for downloading our infographic!
We hope the insights inspire you on your digitalization journey!
Download Now
Oops! Something went wrong while submitting the form.