Portuguese artificial intelligence startup Granter has raised €1.6 million in fresh funding to expand its AI powered platform across Europe. 

The company helps businesses identify public funding opportunities, prepare grant applications and manage funded projects. The funding round was announced on 04 November 2026 and was led by 3XP Global through its Impact Innovation Fund. The latest investment takes Granter’s total funding to around €2 million.

Applying for public grants can be a complex and time consuming process, particularly for startups and small businesses that may not have dedicated teams to manage funding applications.

Granter uses AI to simplify this process by helping companies find suitable funding programmes and prepare applications. Its platform also supports businesses in managing projects after they receive funding.

The company aims to make public funding more accessible to startups and small and medium sized enterprises across Europe.

The fresh funding will support Granter’s expansion beyond its home market of Portugal. The company plans to enter Spain, Germany and Italy as part of its next phase of growth.

Granter also plans to strengthen its technology and expand its workforce to support its growing operations. The company sees a significant opportunity in helping businesses navigate Europe’s complex public funding ecosystem.

The funding gives Granter additional resources to expand its presence and develop its AI platform. However, its success in new markets will depend on how effectively it can adapt to different funding systems and regulations.

As businesses increasingly use AI to simplify complex administrative tasks, Granter’s platform could find opportunities in the growing market for automated funding and grant management services.

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