Portugal-based alternative Android app store Aptoide downloads €8.5M funding

▤ Summary

Lisbon-based Aptoide, an online marketplace for Android apps, announced on Thursday, November 9, that it has secured €8.5M in a fresh funding round from Digital Turbine, the premier independent mobile growth platform. The announcement comes over a year after Digital Turbine announced a strategic investment in Aptoide in October 2022. The investment from Digital Turbine was part of Aptoide’s Series-B funding round of $12M, in which Faurecia, Portugal Ventures, and the 200M Fund (a Portuguese co-investment company) also participated. The company plans to use the funds to accelerate growth and promote two mobile app platforms, GamesHub and Catappult.

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