UPTEC
- Company typePrivate
- Founded2007
- HeadquartersPorto, Portugal
- Headcount—
- GTM typeB2B
- OfferingServices
UPTEC firmographics
Firmographics- Name
- UPTEC
- Legal name
- Parque de Ciência e Tecnologia da Universidade do Porto
- Website
- https://uptec.up.pt
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Ownership category
- akta.pro rank
UPTEC industry classification
Industry- Product category
- Startup Incubation and Science Park Services
- NAICS
- Educational Services (611)
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Corporate Accelerators & Startup Programs (FSANAHAD)
Keywords
Where UPTEC is headquartered
LocationHeadquarters
- HQ city
- Porto
- HQ country
- Portugal
- HQ region
- Europe
Offices2 records
Markets served
UPTEC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- Incubation and workspace services: UPTEC provides physical and virtual office spaces, laboratories, and coworking facilities to startups and innovation projects. Revenue is generated through rental agreements and service contracts with resident companies.
- Accelerator and programme services: UPTEC runs accelerator programmes including School of Startups, ClimateLaunchpad, and BluAct that support entrepreneurs and researchers. Some programmes are free while others receive funding from EU and national sources.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
UPTEC product offering
Product offeringCore offering
UPTEC (Parque de Ciência e Tecnologia da Universidade do Porto) operates as a science and technology park that incubates high-potential startups and hosts business innovation centres. It provides physical and virtual office spaces, laboratories, and coworking facilities, alongside accelerator programmes (School of Startups, ClimateLaunchpad, BluAct), mentorship, networking events, and access to global partner networks for startups at every stage of the entrepreneurial journey.
Product overview
UPTEC (Parque de Ciência e Tecnologia da Universidade do Porto) is the Science and Technology Park of the University of Porto, serving as an innovation ecosystem that supports startups, researchers, and entrepreneurs rather than offering a unified software product or platform. UPTEC provides startup support programs (incubation, acceleration), community networking, events, and access to workspace facilities. The resident and graduated companies within UPTEC's ecosystem develop their own independent products and services across sectors including AI/ML, HealthTech, CleanTech, SpaceTech, FinTech, and more. UPTEC itself does not offer a singular product or platform product but rather functions as an enabling infrastructure for the startups it supports.
Differentiator
Problem solved
Functional benefit
Products and services
- Incubation Services
Quantifiable outcome
- 866 million euros GDP contribution to Portugal in 2024
- +4 more outcomes
Companies that use UPTEC
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles4 records
UPTEC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
UPTEC partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core, major and minor.
- PortugalFoodscoreOrganises Ecotrophelia Portugal Award, a food innovation competition, in partnership with UPTEC since 2017. Jointly selects and showcases innovative food products.
- University of PortocoreFounding academic partner of UPTEC Science and Technology Park. Provides research talent, academic resources, and connection to university ecosystem.
- EIT Climate-KICcoreEU initiative driving climate innovation that promotes ClimateLaunchpad, the world's largest green business ideas competition, in partnership with UPTEC.
- INESC TECcoreResearch institution that launches 1-2 spinouts per year and collaborates with UPTEC ecosystem for technology transfer and commercialization.
- Google CloudmajorCo-organiser and sponsor of UPTEC Community Gathering events, providing cloud technology partnership and event support.
- Produtech DIHmajorDigital Innovation Hub supporting Get Funded investment academy. Promotes digital transformation of industry through production technology initiatives.
- FraunhofermajorEuropean research organization with auditorium at UPTEC Asprela I hosting Get Funded and other events.
- NATO DIANAcoreDefence Innovation Accelerator selecting Neuraspace and Connect Robotics from UPTEC. Provides €100,000 initial funding and access to 180+ NATO test centres.
- European Space Agency (ESA)majorSpaceo is incubated by ESA, demonstrating UPTEC's connection to European space innovation ecosystem.
- EIT FoodmajorEurope's leading food innovation organisation providing programme access for Ecotrophelia competition winners.
- Câmara Municipal de MatosinhosminorLocal government partner for BluAct blue economy competition.
- Indaqua MatosinhosminorWater management company partnering on BluAct blue economy initiatives.
- European Innovation AcademyminorPartner at Community Gathering events focused on entrepreneurship education.
- InvestPortominorPorto investment promotion entity partnering on UPTEC community events.
- Porto Business SchoolminorAcademic partner participating in UPTEC community events and programmes.
- ScaleUpminorStartup scale-up platform partnering on UPTEC community events.
- SograpeminorWine industry partner sponsoring UPTEC community events.
- TalTech (Tallinn University of Technology)minorEstonian university partner in SMAR3TS project with UPTEC for circular construction research exchange.
- Forum OceanominorOcean economy forum partnering on ClimateLaunchpad initiatives.
Scale indicators20 records
Recent moves6 records
Expansion highlights6 records
UPTEC competitors and assessment
Company assessmentBroad incumbents
- Techstars: World-leading global accelerator network with structured 3-month programmes and equity participation. Comparable as a programme-driven startup accelerator, though commercial and equity-backed rather than university-affiliated.
- Plug and Play Tech Center: Global innovation platform and accelerator operating across multiple verticals and geographies with corporate partnerships. Comparable as a multinational startup ecosystem with equity participation and major corporate sponsors (e.g., Google Cloud).
- Station F: World's largest startup campus in Paris, hosting thousands of entrepreneurs across programmes and corporate partners. Comparable as a broader, better-capitalized European incubator with similar workspace + community + programme model at much larger scale.
- Cambridge Innovation Center (CIC): Global innovation campus operator with locations in Cambridge (US/UK), Rotterdam and beyond, providing flexible workspace and venture-building services. Comparable as a multi-city workspace + community operator serving startup ecosystems.
- Wayra (Telefónica): Telefónica's global corporate venture and accelerator arm operating hubs across Europe and Latin America. Comparable as a corporate-operated accelerator offering workspace, mentorship, and equity investment, though with substantially greater financial firepower.
- MaRS Discovery District: Toronto-based innovation hub supporting science, health, cleantech and fintech startups with workspace, programmes and capital connections. Comparable as a large urban innovation district with university affiliations and multi-sector programming.
Direct peers
- SETsquared Partnership: University-linked innovation hub formed by five UK universities (Bath, Bristol, Exeter, Southampton, Surrey). Highly comparable as a multi-university science and technology park network offering incubation, acceleration and corporate programmes.
- Startup Lisboa: Portugal's flagship public-private startup incubator founded in 2012 in Lisbon. Directly comparable as a domestic Portuguese ecosystem hub offering incubation, acceleration and community programming to early-stage startups.
- Beta-i: Lisbon-based innovation consultancy and accelerator running programmes like Web Summit side events, Lisbon Investment Summit, and corporate venture programmes. Closely comparable as a Portuguese non-profit startup enabler offering accelerator and community services.
Regional players
- Startup Braga: Braga-based science and technology incubator linked to the University of Minho. Comparable as a regional Portuguese university-affiliated innovation hub supporting early-stage tech entrepreneurs, though serving a different metropolitan area than UPTEC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
UPTEC social profiles
Digital presenceUPTEC financial estimates
Financial estimateRevenue estimate
Valuation estimate
UPTEC leadership team
Management profileNumber of profiles
Profiles1 record
UPTEC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UPTEC M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about UPTEC
What does UPTEC do?
UPTEC (Parque de Ciência e Tecnologia da Universidade do Porto) operates as a science and technology park that incubates high-potential startups and hosts business innovation centres. It provides physical and virtual office spaces, laboratories, and coworking facilities, alongside accelerator programmes (School of Startups, ClimateLaunchpad, BluAct), mentorship, networking events, and access to global partner networks for startups at every stage of the entrepreneurial journey.
Is UPTEC a public or private company?
UPTEC is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was UPTEC founded?
UPTEC was founded in 2007.
Where is UPTEC based?
UPTEC is headquartered in Porto, Portugal, in the Europe region.
How does UPTEC make money?
Two revenue lines are on record. Incubation and workspace services are the primary driver. The others are accelerator and programme services.
Who are UPTEC's main competitors?
Broad incumbents on record are Techstars, Plug and Play Tech Center, Station F, Cambridge Innovation Center (CIC), Wayra (Telefónica) and MaRS Discovery District. Direct peers are SETsquared Partnership, Startup Lisboa and Beta-i. Startup Braga is listed as a regional player.
Does UPTEC have an API?
No public API is recorded for UPTEC.
What industry is UPTEC in?
UPTEC's product category is Startup Incubation and Science Park Services. Its primary akta.pro industry code is FSANAHAD, Corporate Accelerators & Startup Programs. Its NAICS code is 611 and its SIC code is 8744.