Wero, a European payment platform, is expanding its network as payment providers from several Southern and Northern European countries will connect via a new joint venture based in Madrid. The initiative will allow seamless cross‑border payments for consumers, such as sending a Tikkie abroad or paying online without a credit card, and aims to increase Wero’s reach despite challenges in markets like Germany.
Portuguese insurtech FRANK secured €2.9 million in a round led by Armilar and Start Ventures to scale its AI Operator platform that automates back‑office tasks for insurance brokers, aiming to expand beyond Portugal in 2027.
Scoutyn, the market‑intelligence platform focused on tech startups, scale‑ups and SMEs in Spain and Portugal, unveiled a new website and introduced additional features to enhance ecosystem analysis, company identification and connections among tech companies, investors, corporations and institutions.
Portuguese spin‑off TEKEVER, a 25‑year‑old autonomous drone specialist, secured $580 million in a Series D round led by UC Investments and Baillie Gifford, pushing its valuation to $6.4 billion. The funding will fuel international expansion, technology development and further acquisitions, reinforcing its role as Europe’s top AI‑powered defence drone provider.
Portuguese defence startup Terasi secured an €11 million investment from the National Investment Fund, marking a significant milestone for the company as it pushes forward its advanced defence solutions in the European market.
Open Cosmos, a European satellite company, raised €300 million to boost its satellite production and roll out its connectivity and Earth‑observation platforms, planning to hire more staff and broaden its operations across several EU countries.
Bright Pixel Capital, the technology investment arm of the Sonae group, announced its investment in Huskeys as part of a $27 million Series A round led by Blackstone. The funding will help the cybersecurity startup expand its solutions for protecting increasingly complex digital infrastructures.
Portuguese digital‑health startup Hope Care raised €6 million in a Series A round led by Iberis Capital to expand its regulated remote patient monitoring platform across Europe, adding new offices in Germany and Romania and scaling programmes in Portugal, France and Switzerland.
Portuguese space technology startup Neuraspace raised €15.6 million from private investors and Portuguese recovery funds to expand its AI‑driven Space Domain Awareness and Space Traffic Management platform, boosting capabilities for commercial, institutional and defence satellite operators.
Portuguese startup Pollen raised €3.2 million in a seed round led by Pale Blue Dot and Mustard Seed Maze to expand its battery‑swapping network for electric motorcycles across Europe.