Bloq.it, i-charging and Coverflex remain the three fastest-growing tech companies in Portugal, according to Deloitte’s latest Technology Fast 50 ranking. The trio — with growth rates of 12,193%, 3,987% and 1,292% respectively — repeats last year’s podium, a performance that previously placed them among the standouts in the EMEA edition.
This year’s 50 ranked companies generated more than €424 million in revenue in 2024, growing an average of 650% since 2021, exporting €273 million and employing over 3,700 people. The geographic distribution continues to be coastal-heavy: Lisbon leads with 19 winners (38%), followed by Porto with 15 (30%), and Braga with 8 (16%). Together, these districts account for 84% of both the companies and their turnover.
Alongside the main list, Deloitte distinguished several special-category winners:
• Critical Manufacturing — Market Catalyst by Google Cloud
• Manie, Ethiack, Beyond Vision — Rising Stars (with support from Startup Portugal)
• Lince Capital, Unicorn Factory Lisboa — Venture Champion
• Baseform — Impact Award
• Ana Teresa Maia (expressTec) — Women in Leadership
According to Pedro Brás da Silva, Partner at Deloitte, this year’s cohort reflects the “remarkable performance” of Portugal’s tech ecosystem — from startups to scaleups and mature players — and its impact on economic growth, job creation and the strengthening of the country’s innovation landscape.
Related News