About GLARTEK
GLARTEK is a company based in Lisbon (Portugal) founded in 2016 by Luis Murcho.. GLARTEK has raised $4.06 million across 3 funding rounds from investors including European Union, EDP Ventures and HCapital. GLARTEK offers products and services including Augmented & Connected Worker Platform, Digital Work Instructions, and Visual Remote Assistance. GLARTEK operates in a competitive market with competitors including Atheer, Librestream, Scope AR, Help Lightning and Augmentir, among others.
- Headquarter Lisbon, Portugal
- Founders Luis Murcho
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.06 M (USD)
in 3 rounds
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Latest Funding Round
$2.36 M (USD), Seed
Jul 04, 2025
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Investors
European Union
& 5 more
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Employee Count
Employee Count
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Products & Services of GLARTEK
GLARTEK offers a comprehensive portfolio of products and services, including Augmented & Connected Worker Platform, Digital Work Instructions, and Visual Remote Assistance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for digitizing manufacturing tasks and enhancing worker efficiency.
Guides frontline workers through operations with digital support tools.
Enables real-time expert support for field workers in operations.
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Funding Insights of GLARTEK
GLARTEK has successfully raised a total of $4.06M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.36 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $2.4M
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First Round
First Round
(01 Jun 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Seed - GLARTEK | Valuation |
investors |
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| Mar, 2019 | Amount | Seed - GLARTEK | Valuation | EDP Ventures , HCapital |
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| Jun, 2018 | Amount | Grant - GLARTEK | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GLARTEK
GLARTEK has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EDP Ventures and HCapital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Private equity investments in Portugal are managed by HCapital.
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Founded Year | Domain | Location | |
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Support is provided to Portuguese ICT startups by Novabase Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GLARTEK
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GLARTEK
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Glartek Comparisons
Competitors of GLARTEK
GLARTEK operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Atheer, Librestream, Scope AR, Help Lightning and Augmentir, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Augmented reality platform for enterprise applications is provided.
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| domain | founded_year | HQ Location |
On-site video collaboration solutions are delivered to service businesses.
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| domain | founded_year | HQ Location |
AR-based software for remote assistance support is provided.
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| domain | founded_year | HQ Location |
Augmented reality solutions for remote collaboration are provided.
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| domain | founded_year | HQ Location |
Provider of a platform offering AR solutions for industrial front-line workers
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| domain | founded_year | HQ Location |
Provider of a cloud-based visual collaboration platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Glartek
Frequently Asked Questions about GLARTEK
When was GLARTEK founded?
GLARTEK was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is GLARTEK located?
GLARTEK is headquartered in Lisbon, Portugal.
Who is the current CEO of GLARTEK?
Luis Murcho is the current CEO of GLARTEK. They have also founded this company.
Is GLARTEK a funded company?
GLARTEK is a funded company, having raised a total of $4.06M across 3 funding rounds to date. The company's 1st funding round was a Grant of $58.34K, raised on Jun 01, 2018.
What does GLARTEK do?
Glartek was founded in 2016 in Lisbon, Portugal, within the IoT and augmented reality sector. An IoT platform has been developed to enable real-time data visualization through AR-enabled mobile apps and devices. Data collection is handled by the GLARCONNECT gateway from various sources, while sensor data is stored on the cloud-based GLARBOARD platform. The company was incubated by Startup Lisboa and has collaborated with clients including Unilever and H-farm.
Who are the top competitors of GLARTEK?
What products or services does GLARTEK offer?
GLARTEK offers Augmented & Connected Worker Platform, Digital Work Instructions, and Visual Remote Assistance.
Who are GLARTEK's investors?
GLARTEK has 6 investors. Key investors include European Union, EDP Ventures, HCapital, Novabase Capital, and Portugal Ventures.