EconomyInnovation

The U. Porto Spin-off and startup incubated at UPTEC- Science and Technology Park of Porto Adyta will collaborate in the development of quantum communications networks to strengthen Europe’s defence communications autonomy. This project termed DISCRETION will be developed for 42 months and has a budget of more than 6.7 million euros.

The Municipality of Porto created a new service, the Explore Porto, which challenges both residents and visitors to explore the city in a different manner. This is the first time that a unique platform provides real time information on transports and other highlights. This service was created to provide useful and reliable information on mobility and areas of interest in Porto, thus ensuring the shift from a static planned information system to a real time information system provider.

Porto Customs is once again the host to the C-DAYS Conference, where the issue of cyber security, and its management by people and organisations is the outlining topic. The President of the Municipal Assembly, Miguel Pereira Leite, represented the Municipality of Porto during the opening of the debate themed “Naturalizing Competences”.

Joe Biden is set to define the American strategy around AI (Artificial Intelligence) and gathered a team of 12 experts in the subject to form a Task Force that will work closely with the US government in that topic. One of such experts is the Porto native Daniela Braga, founder of the DefinedCrowd startup, which is widely recognised in the sector and already collaborates with Amazon or Google.

Abyssal, UPTEC startup and U. Porto’s spin-off was acquired by Ocean Infinity, a multinational company with specialist expertise in marine robotics.

CIIMAR, the research centre of the U.Porto comprises the SIDESTREAM international Consortium, which targets the creation of new ingredients for aquaculture, in order to build a sustainable aquaculture sector.

“Future Shapers” is the theme of the fifth edition of the Start & Scale Week, and the outlining objective is the promotion of innovation, entrepreneurship and technology. All initiatives, organised by the ScaleUp Porto strategy are held in the digital format, between 24 and 28 May.

The way may be paved for the construction of a cosmetic manufacturing plant in Porto, and along with it the creation of circa 200 qualified jobs, says Amyris Inc CEO John Melo. The project is called Alchemy and is placing Porto among the most innovative cities in Europe. The Alchemy project is a collaboration between the Faculty of Biotechnology of the Portuguese Catholic University and Amyris Bio Products Portugal.

The past 13th April saw the celebrations of the 30 years that the LEGE-CC collection of cyanobacteria and microalgae started at the Interdisciplinary Centre of Maritime and Environmental Investigation (CIIMAR). Recognised globally, the LEGE-CC collection features over 1200 samples of cyanobacteria and microalgae, with a technological interest.

The startup incubated in UPTEC, Coverflex managed to secure the biggest investment round ever during the pre-seed funding, which is an early funding round in which investors provide a startup business with capital to develop its product. One of the goals of such project is to “change the way companies and workers view compensations beyond salaries”, as well as “increasing team retention”, writes Dinheiro Vivo, quoting coverflex’s news release.