UPTEC graduates among the 150 fastest-growing tech companies in Europe

Addvolt e Knok UPTEC

Addvolt and Knok are on the podium as the fastest-growing national companies in Europe, the Middle East, and Africa


Addvolt and Knok, graduates of UPTEC — Science and Technology Park of the University of Porto, have won top spots in Deloitte’s ‘Fast 500 EMEA’ ranking, which lists the fastest-growing technology companies in the EMEA region (Europe, Middle East, and Africa). At a national level, Addvolt is in second place, and Knok is in third, in a list of 16 companies with an average growth of 810% over the last three years.

Addvolt, which reached 97th place in the global ranking, is a U.Porto spin-off created by alums of FEUP – U.Porto’s Faculty of Engineering. The company develops clean energy solutions for transport, making every vehicle smarter and more sustainable by reducing diesel consumption, CO2 emissions, noise and maintenance costs.

Knok, which came 146th globally, was founded by José Bastos, an alumnus of FEP — Faculdade de Economia da U.Porto and Porto Business School. It offers telemedicine and digital health solutions for both patients and healthcare providers.

Around a third (32 per cent) of the national companies that took part in the first edition of the ‘Technology Fast 50 2023’ ranking also appear in this new Deloitte ranking, which lists the 500 fastest-growing technology companies in the EMEA region.

This highlight emphasises the outstanding performance of Portuguese companies on the international technology scene. Thus, Portugal occupies 10th place in the Deloitte ranking, with 16 technology companies recognised for their exponential growth.

June 6th, 2024

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