Portuguesa Granter receives investment of 1.6 million

Portuguese startup Granter has secured €1.6 million in seed funding to enhance its AI-driven solution for European funding applications. The funding round, led by 3XP Global, aims to expand the team from five to fifteen members and support international market growth, starting with Spain and the DACH region. Granter's innovative chatbot acts as a specialized consultant for funding applications, ensuring privacy and tailored assistance. The company plans to enter the US market by 2028 and currently serves notable clients in Portugal while focusing on democratizing access to public funding for small businesses. Granter operates on an annual subscription model, with plans to introduce a success fee.