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Portugal and Brazil Tech Expansion

Lisbon accelerator Unicorn Factory is expanding permanent operations to Brazil under Executive Director Gil Azevedo, creating a two-way pathway for startups across both markets.

Navigating Opportunities and Regional Challenges

Unicorn Factory works alongside hubs such as InvestRio, Maravalley, Fábrica de Startups do Brasil, and Instituto Caldeira.

While a shared language and culture help European startups enter South America, Brazil presents specific hurdles:

  • Regional Variety: Brazil functions as several distinct markets rather than one unified economy.
  • Funding Scale: Funding stretches differently across Brazil's large geographic footprint compared to Portugal.Supporting Brazilian Founders in Europe
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Brazilian founders now represent the third-largest international group at Unicorn Factory. Participating in Lisbon’s ecosystem helps these startups confirm products globally and use Portugal as a hub for broader European expansion.

To stay up to date with regional developments, read the latest tech news. Professionals seeking flexible setups can also explore curated coworking spaces in Portugal.