Vawlt, a Lisbon-based start-up specializing in supercloud storage solutions, has successfully secured €2.15 million in funding to enhance its innovative data protection and sovereignty offerings amidst a growing market demand for secure data storage.

Target Company Overview

Vawlt is a Lisbon-based start-up that specializes in long-term distributed storage solutions, referred to as supercloud storage, designed to enhance sovereignty, cybersecurity, and cost efficiency for businesses managing data. Established in 2018, Vawlt has rapidly evolved to set new standards of reliability, security, and resilience in data storage, positioning itself as a leading player in the global long-term data storage market.

The company's unique approach involves a data-centric architecture that allows for data distribution across multiple cloud environments while ensuring data protection. Vawlt's innovative technologies and strategies have garnered significant attention, leading to substantial investment from various financiers to support its ongoing commitment to product innovation and market expansion.

Industry Overview in Portugal

Portugal's tech landscape has seen a pronounced shift towards digital transformation, prompting an increased focus on data management and cybersecurity solutions. With the rise of cloud computing and the burgeoning need for secure storage solutions, the P