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Top 15 Consumer Startup Investors in Hungary in October 2023

A list of 15 angel investors and VC (Venture Capital) funds that invest in Consumer startups based in Hungary. We rank investors based on the number of investments they made in Consumer companies from Hungary. We update this investor list every month.

Top 15 Consumer Startup Investors in Hungary in October 2023

Investor Consumer Hungary investments
PortfoLion Capital Partners 7
Day One Capital 5
Széchenyi Capital Fund Management 2
Creandum 1
Stefan Jeschonnek 1
Google 1
Fiedler Capital 1
Laurence Krieger 1
Valentin Stalf 1
Jan Deepen 1
Eamon Jubbawy 1
Andgo Partners 1
Leo Nilsson 1
Peter O' Higgins 1
Charles Delingpole 1

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Investor list
PortfoLion Capital Partners
VC Fund · Budapest, Budapest, Hungary · 6 investments in the past 12 months

Portfolion is a CEE-focused multi-stage investor with a flexible fund structure that allows it to back companies from or before 1st client until the end of their journey. The fund manager has backed some of the CEE region’s most successful companies including SEON, Novakid, Tresorit, Packhelp, and Starschema.

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Investment focus

  • Software, Information Technology, Big Data
  • Seed, Series A, Series B
  • Hungary, Poland, Switzerland

Portfolio highlights

  • deskbird — Most intuitive and people-centric - deskbird's hybrid workplace solution that employees will love. For all flexibe companies, from startup to corporate.
  • Renewabl — Renewabl is the platform that allows companies to meet their decarbonisation targets quickly and efficiently by matching renewable energy certificates directly from hydro, wind and solar on a 24/7-hour basis.
  • Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
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Day One Capital
VC Fund · Budapest, Budapest, Hungary · 7 investments in the past 12 months

We are an early-stage technology investor, managing privately financed funds. We seek to find and join the most exciting Central Eastern European teams on their global mission.

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Investment focus

  • Software, Information Technology, Apps
  • Seed, Series A, Pre-Seed
  • Hungary, United States, Croatia

Portfolio highlights

  • FLOWX.AI — FLOWX.AI wraps and orchestrates legacy systems, making it incredibly easy for enterprises to create web and mobile front-ends for mission-critical business flows. The revolutionary AI-enabled Apeiron UX engine is able to automatically create a modern, intuitive front-end for customers and employees, helping to consolidate in a unified UI all thebusiness logic cross-systems.This enables companies with complex technology landscapes to create and launch mission-critical digital products fast, and then facilitate an easy path forward to full digital transformation.The revolutionary novel approach is 100x faster and cheaper than existing alternatives. FLOWX.AI allows delivery of enterprise-grade mobile and web digital front-ends as fast as 10 weeks, and requires much smaller engineering teams.
  • Colossyan — We make video creation simply and stressless. AI video technology allow us to crate video in just a few minutes. Ty out here.
  • Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
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Széchenyi Capital Fund Management
VC Fund · Boston, Massachusetts, United States · 1 investment in the past 12 months

Széchenyi Capital Fund Management, a state-owned investment company, finances micro-, small- and medium-sized companies in Hungary.

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Investment focus

  • Fashion, Shopping, Lifestyle
  • Series A
  • Hungary

Portfolio highlights

  • AERON — ÁERON’S DESIGN IS CHARACTERIZED BY THE UNIQUE COMBINATION OF SUPERB QUALITY, INNOVATIVE CRAFTMANSHIP, AND EFFORTLESS ELEGANCE. EVERY COLLECTION FOCUSES ON REINVENTING TRADITIONAL TAILORING TECHNICS WHILEONLY USING FINEST MATERIALS SUCH AS A DISTINCTIVE SUEDE JAPANESE LEATHER THAT HAS BECOME A SIGNATURE FABRIC OF ÁERON. THE DIFFICULT BALANCE OFCREATING ONE ARTFUL PACKAGE, WHERE WORK AND PLAY HARMONIZES TOGETHER, FORMS THE MINIMAL YET FEMININE SENSUALITY OF A DECADE-DEFINING ÁERON LOOK. ÁERON ENCOMPASSES A RICH VARIETY OF HIGH-WAISTED TAILORED PANTS, ASYMMETRICAL COATS, OVERSIZE SWEATERS, AND MINIMALISTIC DRESSES.
  • VRG Therapeutics — VRG Therapeutics is a biotechnology company that focuses on miniprotein-based medications and cellular and gene therapy (CGT) technologies.
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Creandum
VC Fund · Stockholm, Stockholms Lan, Sweden · 13 investments in the past 12 months

We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.

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Investment focus

  • Software, Information Technology, Mobile
  • Series A, Seed, Series B
  • Sweden, Germany, United States

Portfolio highlights

  • Ivy — We are building a global API for instant bank payments
  • Terralayr — Terralayr uses software to collect energy grid-scale storage, which will be required as we strive to make renewable energy more efficient and lucrative.
  • Lindus Health — Lindus Health. From recruitment to delivery, we accelerate clinical trials. Our mission is to make health research accessible for everyone, everywhere.
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Stefan Jeschonnek
Angel · Berlin, Berlin, Germany

Before Zeitgold, Stefan was a co-founder of the FinTech company SumUp and its chief product officer. He holds an MBA from the Stanford Graduate School of Business and a BA from the University of St. Gallen.

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Investment focus

  • SaaS, Information Technology, Internet
  • Seed, Pre-Seed, Angel
  • Germany, Hungary, Argentina

Portfolio highlights

  • sento.io — sento.io builds infrastructure to enable effortless B2B data exchange
  • Rebill — Rebill provides merchants with a unique control panel, and an API (programmatic environment) as well as pre-made payment pages so they can sell online in multiple regions very quickly, integrating with the financial entities and payment gateways they want.All customer's information, including non-sensitive card and subscription information,are stored at Rebill. Who, in turn, manages the recurrence of the collection of subscriptions, monitoring of card expiration and automatic collection retries to avoid delays and securing a predictable revenue model.Rebill is the last mile solution to improve the shopping experience for international stores. Provides flexibility to change providers: banks, or payment gateways, without losing information and in a matter of minutes.From Rebill, businesses can integrate multiple cloud services such as CRM (for customer management), or ERP (for business management), as well as local invoicing systems, among others.
  • SEON — SEON Fraud Prevention tools help organisations reduce the costs and resources lost to fraud. Spot fake accounts, slash manual reviews and cut chargebacks now.
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Google
VC Fund · Mountain View, California, United States · 37 investments in the past 12 months

Google is a multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. Their products address a wide range of use cases, including email, navigation, cloud computing, web browsing, video sharing,productivity, operating systems, cloud storage, language translation, photo storage, video calling, smart home, smartphones, wearable technology, music streaming, and more.

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Investment focus

  • Software, Information Technology, Internet
  • Grant, Funding Round, Seed
  • United States, India, United Kingdom

Portfolio highlights

  • AI21 Labs — AI21 Labs is an AI lab & product company whose mission is to reimagine the way we read and write by making the machine a thought partner to humans.
  • Aifficient.Tech — AIfficient.Tech is a revolutionary platform designed to empower small and medium-sized enterprises (SMEs) through the power of artificial intelligence. With a focus on enhancing productivity, efficiency, and innovation, AIfficient.Tech offers a wide range of AI-driven services tailored to meet the unique needs of businesses across variousindustries. Our mission is to level the playing field for SMEs by providing them with AI solutions that were previously accessible only to industry giants. We aim to help businesses work smarter, not harder, by automating routine tasks and providing real-time data and predictive analytics for informed decision-making. What sets AIfficient.Tech apart is our extensive library of 1,500 predefined and trained Autonomous AI Agents, classified using ONET codes, that cater to a wide array of functions and industries. These roles act as intelligent virtual employees, known as Cognitive Autonomous Agents, that integrate seamlessly into existing workflows.
  • RAD-AID International — RAD-AID International is dedicated to improve radiology services in the developing world and poor areas.
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Fiedler Capital
VC Fund · Vienna, Wien, Austria · 3 investments in the past 12 months

We are a first check investor helping overlooked founders from peripheral European ecosystems defy the odds and create breakout companies.

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Investment focus

  • Software, iOS, Transportation
  • Seed, Pre-Seed, Series A
  • Hungary, Austria, United Kingdom

Portfolio highlights

  • Volteum — Is there enough charge in the car for the next trip? When will the vehicle go out of charge? What is the optimal route? These are questions that arise every day when driving an EV. And these just get a lot worse if we are not talking about individual vehicles but 100s of them like electric van delivery fleets, public transport with e-buses or e-carcompany fleets. For them, electric vehicles are much more expensive and difficult to operate than normal petrol or diesel ones, not to mention the constant fear of running out of charge with 100s of vehicles at the same time. Volteum solves these issues for them every day.At Volteum our goal is to enable every company to use EVs as easily, effectively and economically as internal combustion engine vehicles. For this we are developing a software with which fleet operators can optimize their vehicles every day. The product has three main pillars: Firstly, we model and predict the energy consumption and the battery state of charge along the routes with our EV simulation engine. Secondly, based on this we plan optimal trips for the vehicles taking into account the charging needs, time, distance and costs as well. Thirdly, we also manage the daily tasks of the fleet and optimize their operation based on live data.With Volteum electric fleets save money as we optimize their fleet composition, the daily tasks, routes and the charging needs cost-effectively. They can also make sure none of the vehicles will go out of charge thanks to our simulation engine. Last but not least we save loads of human resources, manual calculations and planning with our algorithms. With this we can ensure that all tasks and routes will be covered just as easily and comfortably as with their old vehicles.
  • Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation
  • Munch - (B)eat food waste! — Munch operates a marketplace for restaurants, supermarkets, bakeries and cafes to sell their surplus food to consumers at a discounted price.
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Laurence Krieger
Angel · London, England, United Kingdom

Laurence Krieger is the chief operating officer (COO) at Tide, the online current account for small and medium sized businesses. Krieger has more than 12 years of experience working in senior roles at fast-growing fintech start-ups.Prior to Tide, he was COO of Revolut, where he helped to rapidly scale the business from initial start-up to over800,000 customers. He was previously founder and CEO of payment business Cobalt where he delivered high profitability and grew annual revenues to more than £100m. He launched one of the first prepaid cards into the UK with Moneysupermarket and has also held senior roles at Yahoo! UK and IE.

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Investment focus

  • Big Data, Computer, Security
  • Series A
  • Hungary

Portfolio highlights

  • SEON — SEON Fraud Prevention tools help organisations reduce the costs and resources lost to fraud. Spot fake accounts, slash manual reviews and cut chargebacks now.
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Valentin Stalf
Angel · Berlin, Berlin, Germany

Valentin Stalf is co-founder and CEO of N26. In 2013 he founded N26 with his longtime friend Maximilian Tayenthal. Back then already, both shared a vision of building a bank that the world loves to use. Since the initial product launch in 2015, N26 has grown to include more than 2.5 million customers across 24 European markets — with plans toenter the US in 2019. The firm has raised more than USD 500 million from some of the world’s most well-known investors, including Insight Venture Partners, GIC - Singapore’s sovereign wealth fund, Tencent, Allianz X, Peter Thiel’s Valar Ventures, Li Ka-Shing’s Horizons Ventures, Earlybird Venture Capital, Battery Ventures, in addition to members of the Zalando management board, and Redalpine Ventures. N26 has more than 800 employees based in in Berlin, New York and Barcelona, who are concentrated on reinventing the banking experience for the digital generation. With its full banking license, state-of-the-art technology and no branch network, N26 is redesigning banking for the 21st century. Before N26, Valentin was an Entrepreneur in Residence for Rocket Internet, an incubator and investor in online startups. There he helped to develop several companies in the mobile payments industry, including payleven and Paymill GmbH. Moreover, he worked in strategy consulting and investment banking. Valentin has a bachelor’s degree in business administration and management and a master’s degree in accounting and finance from the University of St. Gallen. He is currently a member of the advisory board at the Vienna University of Economics and Business.

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Investment focus

  • Retail, Grocery, Big Data
  • Seed, Series A
  • Germany, Hungary, Switzerland

Portfolio highlights

  • Kooky — - What is kooky? kooky is a digital cup smart system and offers you the possibility to dispose your reusable cup on your way in an easy and sustainable way through kooky boxes.- How does kooky work? You order your drink as usual and get it in a kooky cup. You simply pay for the drink plus 1 CHF deposit. When you return the cup in a kooky drop offbox, you will immediately get your 1 CHF deposit credited in the wallet of your app.- What do I have to do when I got the cup with the drink? Simply scan the QR code of the cup with the kooky app (registration required), and the cup will be paired to your app account.- Where can I return the cup? In all the kooky boxes around town and in all the venues of the kooky network. You can find both in the app.- How do I get my credit? In order to withdraw the credit in your app wallet, you need to enter your bank details in the app. Then you submit a payout request of the desired amount. Kooky only takes a 10% fee as cost of service, you will receive a receipt for each withdrawal.- What does kooky do with the cups? Our employees empty the kooky boxes and bring the cups to our rinsing logistics. There, they are cleaned according to hygiene regulations and standards, picked, packed and distributed to our partners again.- Are e-vehicles used for logistics? Yes, the logistics for collecting and distributing the cups takes place exclusively with electric vehicles.
  • Kitchenful — Kitchenful is an app for personalized recommendations of recipes, which gets users the ingredients delivered from their local supermarket. Kitchenful's algorithm always suggests the most popular recipes that are 40% cheaper than meal kits.
  • SEON — SEON Fraud Prevention tools help organisations reduce the costs and resources lost to fraud. Spot fake accounts, slash manual reviews and cut chargebacks now.
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Jan Deepen
Angel · Berlin, Berlin, Germany

Before Zeitgold, Jan was a co-founder of the FinTech company SumUp and its chief commercial officer. Before SumUp, he was a principal at the Boston Consulting Group. Jan received his doctorate from the WHU - Otto Beisheim School of Management.

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Investment focus

  • SaaS, Information Technology, Internet
  • Seed, Pre-Seed, Angel
  • Germany, Hungary, Argentina

Portfolio highlights

  • sento.io — sento.io builds infrastructure to enable effortless B2B data exchange
  • Rebill — Rebill provides merchants with a unique control panel, and an API (programmatic environment) as well as pre-made payment pages so they can sell online in multiple regions very quickly, integrating with the financial entities and payment gateways they want.All customer's information, including non-sensitive card and subscription information,are stored at Rebill. Who, in turn, manages the recurrence of the collection of subscriptions, monitoring of card expiration and automatic collection retries to avoid delays and securing a predictable revenue model.Rebill is the last mile solution to improve the shopping experience for international stores. Provides flexibility to change providers: banks, or payment gateways, without losing information and in a matter of minutes.From Rebill, businesses can integrate multiple cloud services such as CRM (for customer management), or ERP (for business management), as well as local invoicing systems, among others.
  • SEON — SEON Fraud Prevention tools help organisations reduce the costs and resources lost to fraud. Spot fake accounts, slash manual reviews and cut chargebacks now.
Show more investments...

Eamon Jubbawy
Angel · London, England, United Kingdom

Eamon Jubbawy is the co-founder of Onfido. In 2016, Eamon was named as one of Forbes' ‘30 Under 30’, and as the Digital Entrepreneur Awards' 'Young Digital Entrepreneur of the Year'. Eamon is Deputy Chair of Tech Nation's Fintech Delivery Panel.

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Investment focus

  • Payments, Software, Apps
  • Seed, Pre-Seed, Series A
  • United Kingdom, Hungary

Portfolio highlights

  • Nous — Find out exactly how your household finances will be affected by the cost-of-living crisis with Nous on your side.
  • Screenloop — Screenloop is the hiring intelligence platform that allows you to source candidates, analyse interviews, and automate the reference process.
  • SEON — SEON Fraud Prevention tools help organisations reduce the costs and resources lost to fraud. Spot fake accounts, slash manual reviews and cut chargebacks now.
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Andgo Partners
VC Fund · Budapest, Budapest, Hungary

Andgo Partners is a team of serial entrepreneurs with strong track record in founding and developing businesses across various industries. They provide smart money to technology-driven, mostly Hungarian startups to help market entry and international roll-out.

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Investment focus

  • 3D Technology, Software, 3D Printing
  • Seed, Pre-Seed, Series A
  • Hungary, United States

Portfolio highlights

  • Livlia — As Hungary’s first hybrid real estate service, portal, and ecosystem, Livlia’s goal is to revolutionize the Hungarian and the regional real estate market with their automatized working methods, modern solutions and professional real estate experts. The platform is launching today with the aim of digitalising and revolutionizing and the entire realestate industry.Ads optimization, developed price strategy, pre-identified customers, all of which can be traced on the platform which is complemented by a dedicated real estate expert. As a result of their modern and digitalised solutions and working methods, they thrive working for one of the most competitive success fees (1,5%) within the Hungarian real estate industry offering more, for less.
  • Leopoly 3D & XR — Leopoly offers easy to use 3D and VR software solutions for digital asset creation, customization and assembly, a new generation, multiuser and cross platform CAD software.Leopoly's software solution were used in the first 2 years by over 100 thousand users and were licensed by 20 enterprises, including HP, Orchard, zSpace and others.Leopoly is the only company offering a cross platform (web, native and VR/AR) and social CAD software that can be used by end users and recently introduced its API so companies and developers can also take advantage of the technology and create their own application using easy to use editing capabilities.
  • Synetiq — Synetiq helps brands & media producers create high performing video ads from based on biometric data from their target audience and machine learning.Short video: https://www.youtube.com/watch?v=hfO1rtCTGPwClients include BBC, HBO, RTL, Viacom, AMC Networks, Belgian Television, Tesco, CBA, Spar, Telekom, Telenor, Vodafone,Egis, Merck, Heineken, IKEA, Raiffeisen Bank, CIB Bank, Auchan, EON Energy, MOL Oil, Béres, OTP Bank, K&H Bank, Molson Coors, Teva, Richter, MediaMarkt, Kantar TNS, Young & Rubicam, Havas Media, Mito among others.
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Leo Nilsson
Angel · Stockholm, Stockholms Lan, Sweden

Leo joined one of Europe’s fastest growing tech companies, iZettle, in 2013. His initial roles focused on launching the company’s flagship products in new markets, including Brazil, Mexico, Netherlands and France. He later transitioned from this commercial role into product management, becoming Chief Product Officer in November, 2016.Prior toworking at iZettle, Leo’s background was in financial services — most recently at Merrill Lynch in the investment banking division. As CPO for iZettle, Leo oversees both product management and product marketing.

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Investment focus

  • Big Data, Computer, Security
  • Series A
  • Hungary

Portfolio highlights

  • SEON — SEON Fraud Prevention tools help organisations reduce the costs and resources lost to fraud. Spot fake accounts, slash manual reviews and cut chargebacks now.
Show more investments...

Peter O' Higgins
Angel · London, England, United Kingdom

Peter O' Higgins

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Investment focus

  • FinTech, B2B, Credit
  • Pre-Seed, Seed, Series A
  • Canada, France, Hungary

Portfolio highlights

  • Hero — Hero is a B2B payments and financing platform, offer direct online payment experience and receive your money immediately.
  • Pillar — Pillar is a fintech credit platform that allows retail consumers to monitor, build and grow their credit footprint as well as access a credit facility through the Pillar credit card.
  • Pillar Financial Technologies — All-in-one Financial Platform for Small Businesses
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Charles Delingpole
Angel · London, England, United Kingdom · 3 investments in the past 12 months

Charles Delingpole is Founder and CEO of ComplyAdvantage, a technology company focused on wiping out financial crime using Machine Learning. As CEO, Charles leads the product development and growth of the company. His passion for the issue came from his time as the MLRO of a previous startup he founded when he realized how inefficient processesaround money laundering are. Charles previously worked at The Student Room as a Founder and CEO. He attended the University of Cambridge and The London School of Economics and Political Science (LSE).Over 99% of money laundering is successful, ComplyAdvantage is working to stop it completely. Founded in 2014 with offices in London, New York, Singapore, and Cluj, ComplyAdvantage work with over 350 firms across 45 countries. Charles set up his first company, The Student Room Group, now the world’s largest student discussion forum when he was 16. After completing his MA in Politics at Trinity College Cambridge, and then an MSc in Management, Strategy, and Finance from the LSE, he became an associate at J.P. Morgan Cazenove.

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed, Pre-Seed, Series A
  • United Kingdom, United States, Spain

Portfolio highlights

  • Sync Savings — Rebuilding the infrastructure of cash savings
  • Superlayer — Superlayer drives better performance for sales teams, leveraging and automating best practices to close more deals in less time.
  • Morphoses — Unlocking Potential: Empowering 6-17 Year-Old Learners with Future-Focused Soft Skills for Education and Employability
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