Lisbon, June 8, 2026 (Lusa) - This year's Web Summit Rio edition will feature 27 Portuguese startups, employing nearly 270 people and raising over €20 million in investment, Startup Portugal announced on Monday. The tech summit in Brazil, one of the leading technology and innovation events, will host a Portuguese delegation of 27 startups and a stand supported by Startup Portugal and Unicorn Factory Lisboa, from Monday until 11 June. In total, these companies in the sectors of artificial intelligence (AI), machine learning, health technology, and defence employ 269 people and have raised over €20 million in investment. "Startup Portugal, the entity responsible for boosting the national entrepreneurial ecosystem, and Unicorn Factory Lisboa, the largest platform for startup programmes and innovation hubs in Portugal, are present at the event for the fourth consecutive year," the statement reads. The startups selected by the organisations are travelling to Rio de Janeiro "under the Business Abroad programme, which supports the presence of Portuguese startups at major global technology events, as well as through the internationalisation support programmes of Unicorn Factory Lisboa." In total, the companies that make up this delegation employ almost 270 people in Lisbon, Funchal, Aveiro, and Mirandela. "Web Summit Rio is a strategic platform for Portuguese startups seeking to scale their businesses and accelerate international expansion. The Brazilian market remains a natural priority for many of these companies, because of the size and dynamism of the ecosystem, along with the cultural proximity, which facilitates the creation of investment and growth opportunities," says Miguel d'Aguiar, CEO of Startup Portugal, quoted in a press release. "Brazil is an attractive market for many Portuguese startups, and Web Summit Rio is the right stage to create new opportunities for growth, investment, and collaboration. Our presence expands our commitment to supporting startups with global ambitions and building bridges for innovation between Portugal and Brazil," added Gil Azevedo, CEO of Unicorn Factory Lisbon. The next international stop for startups is Viva Tech in Paris, from 17 to 20 June. ALU/ADB // ADB. Lusa