Your potential partners in Budapest

ACME Labs was founded by entrepreneurs for entrepreneurs. It is organized as a collective: upon completion of the program and provides not just funding, but the advice, expertise, and relationships to help entrepreneurs shape and realize their vision.

Demola is an international open innovation platform for students, companies and universities, an ecosystem of creative action.

Euroventures is a venture capital company sponsored by Eurogroup for the purpose of supporting and valorising the most promising startups. The company supports both the creation of new businesses and the development of newly-established companies with investments ranging from 50 thousand to 600 thousand euro. Euroventures responds to the need for financing, with injections of ‘fresh’ capital, the startup of entrepreneurial projects (development of a prototype or a business idea) in order to bring them successfully to market.

Euroventures was born of the acquisition of Piemonte High Technology Srl (Piemontech) by Eurogroup S.c.a r.l. in January 2014. On the same day the company took the name of Euroventures. Piemontech was founded in 2005 with the aim of creating value for companies and for the region. The first venture capital operator in Piedmont and one of the first in Italy, in almost ten years of business Piemontech has steadily spread the entrepreneurial culture, especially among young people, encouraging a large number of startups.

With this acquisition Eurogroup completes its range of services dedicated to the development of small and medium-sized enterprises. Through the credit guarantee services of Eurofidi, the business consulting activities of Eurocons, the energy solutions offered by Euroenergy and now the acquisition of shares by Euroventures in the capital of innovative startups, Eurogroup offers an extensive and integrated range of products.

Euroventures, partly thanks to its partners, is supported by a network of professionals and entrepreneurs with many years of experience in venture capital, multinational companies and the academic world. This support is not limited solely to finance, in fact. New entrepreneurs are guided throughout the process of growth, from the initial development and implementation of business strategies to identifying new customers and potential partners, and including, where appropriate, the integration of managerial skills to complement the existing team.

Lastly, Euroventures is a member of the Polo Italiano del Venture Capital, an association of Italian and international funds whose purpose is to share and evaluate investment opportunities. The association deals both with venture capital focused on individual sectors and also with more general funds.

GB & Partners is currently managing two Hungarian venture capital funds launched under EU’s JEREMIE initiative of the European Investment Fund. Both funds aim to invest primarily in start-up or early stage small and medium sized innovative companies/projects in Hungary, with a strong and promising business concept, a devoted professional management team and with unique products/services with the chance to attract international attention.

No specific industry preference is determined, however the following sectors have special attention:

Healthcare and biotechnology:medical/recreational activities and services, biotech innovation, health tourism, rehabilitation services

Sustainable energy and environmental protection: energy efficiency enhancing innovations, sustainable energy projects, environmental services, recycling and waste disposal

Information technology: internet and mobile solutions and applications, data protection, business intelligence, information security, business process management (BPM)

Food industry: manufacturing and export of Hungarian frozen and canned food, confectionery, winery and premium segment food products, as well as food safety investments

The Funds may not make investments in the Central Hungarian region, nor in the following sectors: shipbuilding, coal and steel industry, financial services, real estate development.

The Growth Fund, ‘Profit’ makes investments in the range of 500,000 EUR and 2,500,000 EUR per project, while the Seed Fund, ‘Proseed’ in the range of 100,000 EUR and 150,000 EUR. In all cases the funds aim to held majority or at least 25% ownership.

The investment period of the Funds closes on 31st December 2015. The Funds plan to exit their investments partially or in full 3-7 years following the of growth period. The maximum period of time for keeping a portfolio company is 10 years from the launch of the Fund (i.e. end of 2023).

OXO Labs runs its startup acceleration programs both in the area of facilitating and mentoring early stage tech projects in line with lean strategy principles and by supporting and funding such projects to boost growth and market entrance.

PortfoLion is a Budapest-based venture capital and private equity fund management firm that invests in the CEE region.

We partner with companies across multiple stages to help them expand and realise their growth potential.

Besides the financial investment we also support our partners with our business experience, financial knowledge and network.

OXO Labs runs its startup acceleration programs both in the area of facilitating and mentoring early stage tech projects in line with lean strategy principles and by supporting and funding such projects to boost growth and market entrance.

It helps potentially-global European startups take aim and soft-land them on the U.S. market, providing a small amount of investment, world-class mentoring, press, PR, co-working spacefor the portfolio companies.