Web Summit // The Lisbon Tech scene is still as dynamic as ever

Lisbon is gradually becoming a technological center in Europe. The city has a growing start-up scene, with investment in start-ups increasing by 30% each year since 2016 (pictured in 2021), when the Web Summit moved to the city, i.e. twice the European average.

This dynamism continues with 54 tech companies from 20 countries setting up in Lisbon over the last two years, making it a true European hub for international tech.

Furthermore, with more than a hundred coworking spaces having set up there in barely ten years, and thanks to initiatives such as the “Startup Visa” which facilitate the immigration of tech talents and founders, Lisbon has established itself as one of the favorite places for “digital nomads”. Although still small compared to other European hubs, Lisbon's start-up ecosystem is recognized for its welcoming business environment, wealth of technical skills, agility and growth potential.

Last week marked a highlight of the year with the Corporate Innovation Summit, an exclusive event preceding the Web Summit, which brings together leaders from some of the world's largest companies to discuss the issues facing the business world today. Today, the Web Summit, the annual tech high mass in November, as well as the 1st edition of Newconomics.
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Neweconomics

Brand new conference on the tech scene, Newconomics presents itself as an innovative conference aiming to be more than just a technological event, to bring together the major players in the web2 and web3 worlds with a big focus on web3 & Ai to discuss the creation of new models and new economies creating new opportunities at the global level. The conference is organized by Human Protocol, a web3 foundation that offers a protocol enabling the exchange of all types of work in automated and distributed markets.

“Neweconomics is for us a way of continuing to bring together several visions of AI or web3 despite market trends or performance. We wanted to leave room for innovators and 'builders' as they are called, to be able to continue to forge links between their different visions and objectives to bring out new models that are ever more effective and inclusive. This is also what we do on a daily basis at Human by creating the conditions for new labor markets around the world, in particular to support the data needs of the AI market” explains Maxime Setbi, Growth Director at Human Protocol Foundation.

Organized in an astonishing location, the LX Factory in Lisbon – an alternative venue located in a former fabric factory converted into a space combining street art, trendy restaurants and bars, coworking and exhibition/concert rooms – the gathering thus aims to re-establish questions the status quo in technological and economic matters.
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