Connected and ETHIACK among the ten most promising Portuguese startups in 2024 Ethiack Connected

The two companies incubated at UPTEC appear on the list published by, the leading website for content specialized in European startups Logo

Connected and ETHIACK, companies incubated at UPTEC – Science and Technology Park of the University of Porto, were highlighted in the list of “ten most promising Portuguese startups from 2024 onwards” by, the leading content website specialized in European startups.

For, which has more than 450 thousand monthly visitors to its website, Connected deserves to be highlighted for wanting to “connect humanity in an accessible way by creating a business model based on IoT, which contributes to reducing the digital divide.” Based at UPTEC, the startup recently raised a round of two million euros to expand the team and accelerate its technology development.

ETHIACK is highlighted for “automating attempts to identify network vulnerabilities, through a combination of ethical hacking services, led by humans, but assisted by machines”. ETHIACK is incubated at UPTEC and was recently the only Portuguese company chosen to participate in Google‘s cybersecurity program.

The article also highlights the entrepreneurial ecosystem in Portugal, which emphasizes how the country “has emerged as an attractive destination for entrepreneurs”, offering “quality of life, a favourable climate and a pool of specialized talent, vital to promoting rapid growth in the startup ecosystem.”

The website, founded in 2010, also highlights that Portugal’s startup ecosystem has gained global recognition. It is supported by a robust infrastructure of more than 150 accelerators and incubators belonging to the National Network of Incubators, which includes UPTEC.

The eight startups that complete the list are, Glooma, Miles In The Sky, MyCareforce, Neuraspace, Paynest, Rauva and Relive.

UPTEC: 17 years of innovating

Founded in 2007, UPTEC—Science and Technology Park of the University of Porto has encouraged the creation and development of business projects in the areas of arts, science, and technology and hosted innovation centres for national and international companies, becoming one of the main drivers of the dynamization of the Portuguese entrepreneurial ecosystem.

Over the last 17 years, the incubator based in Porto, where it has three centres (UPTEC Asprela I and II, UPTEC Mar, and UPTEC Baixa), has supported more than 740 business projects, graduated more than 100 companies, and contributed to the direct creation of more than 3,800 new jobs.

March 7, 2024

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