Beta Capital invests €2.15 million in Lisbon-based Vawlt Technologies to enhance its advanced data storage solutions focused on cybersecurity and cost efficiency.

Information on the Target

Vawlt Technologies, a groundbreaking start-up based in Lisbon, focuses on providing a unique long-term supercloud (cloud-of-clouds) distributed storage solution. This innovative service enhances data sovereignty, cybersecurity, and cost efficiency for businesses that generate value from their data. By leveraging proprietary technology, Vawlt enables organizations to seamlessly manage their data with superior levels of privacy and security.

As companies worldwide face exponential data growth, Vawlt's solution offers versatility in selecting the best storage environments, whether public, private, or on-premises. This adaptability allows businesses to streamline their data management processes while optimizing costs and maintaining control over their information.

Industry Overview in Portugal

Portugal's technology landscape is experiencing rapid transformation, driven by an increasing number of start-ups and technological advancements in various sectors. The country has become a hub for innovations, particularly in data man