Most Active VC Firms Based in Hungary

Key Players Driving Innovation and Growth Across Central Europe

Author

Ali Abounasr el alaoui
October 27, 2024

Hungary’s vibrant venture capital landscape is driven by a variety of firms that are fueling innovation across multiple sectors, including fintech, AI, and tech-enabled services. From early-stage investments to growth-stage support, these Budapest-based firms are actively shaping the entrepreneurial ecosystem with a wide range of funding strategies. In this article, we take a closer look at some of the most prominent venture capital firms in Hungary, their leadership, investment portfolios, and the role they play in driving the next wave of innovation in Central Europe.

Bonitas Ventures

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Gabor Kvancz, AndrΓ‘s BorbΓ©ly, LΓ‘szlΓ³ JΓ‘noki

  • πŸ”’ Number of Investments: 10-50

  • πŸ’Έ AUM: β‚¬100 million

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: BOOKR Kids, Conversific, Gremon Systems

Day One Capital

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Elek Straub, Gyorgy Simo, Csaba Kakosy

  • πŸ”’ Number of Investments: 10-50

  • πŸ’Έ AUM: β‚¬34 million

  • πŸ’΅Average Investment Ticket: €300k-€1.5 million

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: Recart, Commsignia, Colossyan

Euroventures

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: PΓ©ter TΓ‘nczos, Thomas Howells, ZoltΓ‘n TΓ³th

  • πŸ”’ Number of Investments: 50-100

  • πŸ’°οΈ Number of Exits: 10-50

  • πŸ‘œ Notable Portfolio companies: Perfixbox, Hunch, Antavo

Fiedler Capital

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Robert Hegedues, Jordan Bocskov

  • πŸ”’ Number of Investments: 10-50

  • πŸ’΅Average Investment Ticket: €50k-€700K

  • πŸ‘œ Notable Portfolio companies: Bitrise, Seon, Talkbase

Hiventures

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: LΓ‘szlΓ³ Hradszki

  • πŸ”’ Number of Investments: 300-350

  • πŸ’°οΈ Number of Exits: 10-50

  • πŸ‘œ Notable Portfolio companies: BLOCK, ActiveGraf, Plukkido

Lead Ventures

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: BalΓ‘zs Haszonics

  • πŸ”’ Number of Investments: 10-50

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: GA Drilling, Codecool, AImotive

Oktogon Ventures

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Gyula FehΓ©r, Veronika Pistyur

  • πŸ”’ Number of Investments: 10-50

  • πŸ’΅Average Investment Ticket: €100k-€5 million

  • πŸ‘œ Notable Portfolio companies: Bitrise, Recart, BitNinja

OXO Technologies Holding

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Peter OszkΓ³

  • πŸ”’ Number of Investments: 10-50

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: Gloster, Commsignia, BitNinja

Portfolion

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: AndrΓ‘s MolnΓ‘r, JenΕ‘ Nieder

  • πŸ”’ Number of Investments: 10-50

  • πŸ’Έ AUM: β‚¬440 million

  • πŸ’΅Average Investment Ticket: €500k-€30 million

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: Seon, Commsignia, FLOWX.AI

Solus Capital

  • 🏦 HQ: Budapest, Hungary

  • πŸ‘¨β€πŸ’»πŸ‘©β€πŸ’» Leadership: Dr. Zsolt Barna, Zsolt Katona

  • πŸ”’ Number of Investments: 10-50

  • πŸ’°οΈ Number of Exits: 1-10

  • πŸ‘œ Notable Portfolio companies: MediCall, Rollet, Cristo

Hungary’s venture capital ecosystem continues to thrive, backed by the expertise and vision of these influential investment firms. Whether supporting startups at the early stages or helping scale transformative businesses, these VCs have cemented their role as key drivers of growth and innovation. As Hungary's startup scene expands, these firms will remain at the forefront, pushing the boundaries of technology and innovation not only locally but across Europe and beyond.