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Capgemini, the leading French multinational providing consulting, technology and outsourcing services, has opened its new  research and development (R&D) “mobility lab” in Gaia with an initial workforce of 350. The company, which is targeting a headcount of 700 by 2025, will use the new centre to test software solutions and applications for the automobile industry, including autonomous driving, cloud connectivity, and automatic verification and validation solutions based on artificial …

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Softinsa, a subsidiary of global tech giant IBM, has announced plans to open an innovation and technology centre in the northern Portuguese town of Vila Real, creating up to 300 highly-skilled jobs by 2025. The project is a partnerhip between Vila Real city council, the Regia Douro Park science and technology park , Universidade de Trás-os-Montes e Alto Douro (UTAD), IBM Portugal and Softinsa and will particularly focus on developing …

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TeamViewer, the global technology company, has announced a move into new offices in Porto with plans to almost double headcount to 55 by the end of the year. The opening of the new office, in which teams will focus on developing augmented reality solutions, follows TeamViewer’s creation of a research and development hub in the city in 2021. TeamViewer, which provides a connectivity platform which it claims allows users to …

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Shield, the Israeli technology company focused on financial compliance, is opening a research and development centre in Lisbon that is expected to have a headcount of 20 by the end of the year. In an initial phase, Shield is focusing on development teams, but it also has plans to expand in the areas of solution architecture and cloud to create an “innovation hub”. The company is reportedly looking for software …

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A new teaching and technology center called Gaia Infinity Hub is to be built on a 21-hectare site in Madalena near the northern Portuguese town of Vila Nova de Gaia, local authorities have announced. Developed by the Brazilian firm Gestao de Capital & Management as part of a total investment of €700 million ($770 million), the new hub is designed to bring together students, renowned educational institutions and large companies …

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Portugal Tech, a “fund of funds” managed operationally by the European Investment Fund (EIF), has announced it secured €273 million ($309 million) in funding pledges at the Web Summit in Lisbon. Speaking at the launch of the Portugal Tech II program, Portuguese Finance Minister Pedro Siza Vieira claimed the  multiplier effect was “much higher” than had initially been expected. “In total, Portugal Tech II aims to mobilize 250 million euros …

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Supermarket chain Continente, part of Portuguese retail and telecoms conglomerate Sonae, has announced the opening of what is described as the first “Europe-brand” scanless and cashless convenience store, located in central Lisbon. The new Continente Labs concept store, which opened its doors on 26th May, is 150 sq m in size and works using an app linked to a debit or credit card. Consumers scan a QR code generated by …

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