# Top 50 Enterprise Startup Investors in Hungary in October 2023 ## PortfoLion Capital Partners - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 20 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Big Data 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. ## Bonitás Ventures - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 8 - Stages: Seed, Series A - Focus: Information Technology, Education, Software Bonitás is more than an investor. Our team helps the brave founders to pursue their dreams and build extraordinary companies. We push because we respect. Partnering with Bonitás, founders can benefit from our unmatched network and gain experience in management support. Bonitás is proud that our backed companies also propel great causes. ## OXO Technologies Holding - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 7 - Stages: Seed, Series A - Focus: Software, Information Technology, FinTech OXO Technologies Holding is an investment firm in the tech sector in the CEE region. It includes a network of business angels as well as various financial and strategic investors as equity partners. The firm's investment policy targets the funding, partial or full buyout of early-stage tech ventures, accelerate their growth and marketexpansion and prepare them for subsequent funding rounds and exits. ## Day One Capital - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 5 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, Apps 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. ## FastVentures - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 5 - Stages: Seed, Series A, Series B - Focus: Software, Biotechnology, Information Technology venture capital ## Euroventures - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 4 - Stages: Series A, Seed - Focus: Software, Information Technology, E-Commerce Budapest-based Euroventures is one of the longest-established and leading independent private equity and venture capital firms in Central Europe, with a proven ability to achieve international exits over two decades in a fast-changing environment. It has advised or is advising five investment programmes totalling over €180m since 1989, with a focuson funding INNOVATION and GROWTH in Hungary and Central Europe. The investors in Euroventures funds have been international institutional Investors. Euroventures' nearly 50 current and former portfolio companies illustrate the commitment to provide steady support through the cycles of the regional and global economy. Its professional team members have many decades of private equity / venture capital experience between them. Recent investments have targeted growing businesses with innovative technologies in the fields of medtech, big data, security, and IoT among others. Euroventures has had an outstanding track record in supporting its portfolio companies entering global markets. As a result, it has delivered highly successful exits, including IPOs (Vienna, NASDAQ, NYSE) and several dozens of trade sales to international corporations. Euroventures is a founding member of the Hungarian Venture Capital Association and complies with the conduct, governing principles and valuation/reporting guidelines of Invest Europe. ## Solus Capital - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 4 - Stages: Seed, Series A - Focus: Information Technology, Software, Health Care Solus Capital is a seed & early growth VC investment company ## Studio1 Startup Factory - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 4 - Stages: Pre-Seed, Seed - Focus: Software, Web Development, Information Technology Startup Factory ## Marton Hegedus - Type: Angel - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Training, E-Learning Marton Hegedus ## InReach Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, E-Learning InReach Ventures builds its own proprietary software and AI to discover and invest in the best early-stage startups from all over Europe. ## Lifeline Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Health Care, E-Commerce Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland. ## Draper B1 - Type: VC Fund - Location: Valencia, Comunidad Valenciana, Spain - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, SaaS, Internet Our mission is to help entrepreneurs who are innovating and transforming the way we live and work. ## Admitad - Type: VC Fund - Location: Heilbronn, Baden-Wurttemberg, Germany - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Marketing, E-Commerce, Software Admitad provides opportunities for long-term partnershipand the development of your business. ## Creandum - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, Information Technology, Mobile We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond. ## Speedinvest - Type: VC Fund - Location: Vienna, Wien, Austria - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, FinTech, Financial Services Speedinvest is one of Europe’s most active early-stage investors, with more than €1bn AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Your success is our priority, so we don’t just send some money and "check in" at board meetings. Our mission is to empower you with game-changing support throughevery stage of your journey. Our focused investment teams know your industry inside and out. Their Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions experience, know-how and deep networks are yours from day one. You also have full access to our in-house Platform+ team of operational experts who can provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of your journey. ## Granpool Innovative Investments - Type: VC Fund - Location: Arnhem, Gelderland, The Netherlands - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Industrial Automation It acquires significant minority stakes in innovative companies without any industrial or geographical focus. Based on this approach, a global network of ventures has been created since 2015. Currently, Granpool is interested in fintech, finance, mobility, healthcare, robotics, IT and VR related developing companies which have a presence in Asia,Europe, North and South America. ## Bosch Ventures - Type: VC Fund - Location: Stuttgart, Baden-Wurttemberg, Germany - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Artificial Intelligence, Information Technology Invented for life: we want our products to spark enthusiasm, improve quality of life, and help conserve natural resources. ## Laurence Krieger - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series A - Focus: Big Data, Computer, Security 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. ## Zsolt Weiszbart - Type: Angel - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Seed, Angel, Series A - Focus: CAD, Apps, Software Zsolt Weiszbart - Partner @ Day One Capital ## Leo Nilsson - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Series A - Focus: Big Data, Computer, Security 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. ## Valor Capital Venture Capital Fund Management Ltd. - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Seed - Focus: Apps, Gaming, Soccer Valor Capital is a late seed/Series A investor active in Hungary and in the EU. Valor Capital’s management and staff are well qualified capital market experts having long domestic, regional and international experience in various industries. Valor Capital therefore has no industry focus strictly speaking, although there is an emphasis on ITand green energy projects (primarily due to the large upside potential). ## Cashline Group - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Seed - Focus: Apps, Gaming, Soccer Cashline Investment Holding Zrt. was established from the Corporate Finance and M&A department of the securities firm – becoming a fully-licenced investment bank by the end of the 90s- on the basis of the success of previous private equity-type investments concluded by Cashline Securities Inc. and the accumulated capital, to accomplish privateequity investments on the Hungarian and regional markets, by equity and bank financing acquiring participations from minority investments to 100% buy-out. The roots of private equity investments are dated back to 1993-94 concluded within Cashline Securities Inc. at that time. ## Fiedler Capital - Type: VC Fund - Location: Vienna, Wien, Austria - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, iOS, Transportation We are a first check investor helping overlooked founders from peripheral European ecosystems defy the odds and create breakout companies. ## Point Nine - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Internet Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages. ## C5 Capital - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, Cyber Security, Information Technology An investment firm dedicated to nurturing a secure digital future ## Impact Ventures Hungary - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Artificial Intelligence, Software, Waste Management Impact Ventures is a specialist fund manager focusing on Impact Investments. Our mission is to catalyze social impact by supporting and investing in high-growth social SMEs in Europe, addressing areas of social inclusion, education, employment, health and environmental sustainability. ## Stefan Jeschonnek - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Pre-Seed, Angel - Focus: SaaS, Information Technology, Internet 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. ## 500 Emerging Europe - Type: VC Fund - Location: California, Kentucky, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: PaaS, SaaS, Gaming 500 Emerging Europe help the companies from Emerging Europe scale globally. ## Peter Csillag - Type: Angel - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Angel, Pre-Seed - Focus: Hospitality, Human Resources, Information Technology Peter is the founder of Starchema. ## Balazs Fejes - Type: Angel - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Security, Collaboration Balazs Fejes - VP, Chief Technologist APAC @ EPAM Systems ## 212 - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, E-Commerce, Information Technology 212 invests in growth-stage tech companies across Turkey, CEE, and MENA. Currently, our fund manages €75 million of committed capital, and 25 investments. Our strategy is to invest in B2B tech solutions that have demonstrated traction, a clear product-market fit, and are ready to scale internationally. ‘Test local, go global’ is 212’s guidingprinciple. In addition to investing in startups, we put significant effort into mentoring, supporting, and advising our portfolio companies.212 was founded by a seasoned group of veterans with the common vision of cultivating an eco-system in Turkey and its region. Each of our team members brings to the table a proven track record of success in multi-cultural disciplines in both global corporations and start-ups and an unwavering focus on strategy, operation, and execution. ## Andgo Partners - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: 3D Technology, Software, 3D Printing 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. ## Jared Schrieber - Type: Angel - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, Hospitality Jared Schrieber - Co-Founder & Board Member @ Numerator ## Aksel Kastoryano - Type: Angel - Location: Istanbul, Istanbul, Turkey - Relevant deals: 1 - Stages: Pre-Seed - Focus: Software, Training, E-Learning Aksel Kastoryano ## Eamon Jubbawy - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Payments, Software, Apps 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. ## Lead Ventures - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Artificial Intelligence, SaaS Lead Ventures is a Budapest-based venture capital firm, specialist of financing scale-ups in Central Europe. Its mission is to support the region’s most promising ventures with capital, experience and a wide-ranging professional network, enabling them to transform their industry with innovation. Lead Ventures provides equity financing tocompanies in their scale-up phase, the typical ticket size is between EUR 2-10 million. Lead Ventures is searching for dynamic teams with a unique story, outstanding growth potential and solutions tested and validated by the market. The firm seeks to invest in companies operating in the mobility, energy and sustainability as well as b2b services and software sectors, however, Lead Ventures is open to support teams active in other areas as well.Lead Ventures has EUR 100 million under management invested by MOL, the most successful energy company in CEE, and two financial institutions specialised in supporting the startup ecosystem - the Hungarian Development Bank (MFB) and Eximbank. ## Blue planet climate protection risk capital fund - Type: VC Fund - Relevant deals: 1 - Stages: Pre-Seed - Focus: Sustainability, Waste Management, Facilities Support Services climate-tech thematic VC ## Marton Szoke - Type: Angel - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Series A, Pre-Seed, Series B - Focus: Information Technology, Software, EdTech An entrepreneur and investor with a business background and solid technical experience. Founded several startups, the latest being Indextools, a software company specializing in enterprise on-demand web analytics software. In April 2008 Indextools got acquired by Yahoo! Inc. At the time of the acquisition, Indextools was recognized as one of thetop five web analytics vendors world-wide by Forrester / Jupiter Research. Mr. Szőke served at Yahoo for three years to lead integration efforts and to realign Indextools’ business model. ## Discovery Ventures - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Information Technology, Software, E-Commerce Micro VC supporting outstanding technology entrepreneurs across the globe. ## Virgo Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: SaaS, B2B, Railroad Digital Product Incubation. Looking for proof-of-concepts and prototypes with international growth potential. ## Thorbjorn Ronje - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Pre-Seed - Focus: Finance, Software, Consulting Serial entrepreneur ## Ruvento - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed, Pre-Seed, Angel - Focus: Software, Hardware, Robotics Investments Driven by Values ## Google - Type: VC Fund - Location: Mountain View, California, United States - Relevant deals: 1 - Stages: Grant, Seed - Focus: Software, Information Technology, Internet 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. ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Information Technology, Health Care Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more. ## Peter O' Higgins - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: FinTech, B2B, Credit Peter O' Higgins ## Jan Deepen - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Pre-Seed, Angel - Focus: SaaS, Information Technology, Internet 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. ## Maximilian Tayenthal - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Financial Services, Information Technology Maximilian Tayenthal is co-founder and co-CEO of N26. Together with his business partner and friend Valentin Stalf, he built one of the first and now fastest-growing mobile banks in Europe. Their vision was to create a retail bank that's flexible, transparent and speaks to today's digital lifestyles. Previously, Max worked in a varietyof consulting and financial roles at leading professional services firms, including CMS and Booz & Company. Max holds bachelor’s and master’s degrees in economics and business administration from the University of Vienna. He also has a master’s degree in economics from the Community of European Management Schools, as well as a law degree form the University of Vienna. Max is a CFA charterholder. While Max is based in Berlin, he always makes time for his passion outside of personal finance: skiing in the mountains of Austria and Switzerland. ## Conor Seed Capital Fund - Type: VC Fund - Location: Budapest, Budapest, Hungary - Relevant deals: 1 - Stages: Seed - Focus: Internet, Analytics, Marketing Conor Fund is a seed funding VC with entrepreneurs on board in Hungary Central Europe. The investment period of the Conor Fund has began in 2013 and it has primarily invested into innovative small and micro enterprises through 31 May 2016. The Fund’s management has invested in 27 seed stage companies over three years, which makes the Conor Fund oneof the most active early-stage venture capital funds in Hungary. ## Valentin Stalf - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A - Focus: Retail, Grocery, Big Data 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. ## Charles Delingpole - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, FinTech, Payments 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. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co