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.

Alliance Jura-Hongrie Venture Capital Fund Management Ltd. (AJH) has been established in July 2013 with the clear mission to become a leading player of the Hungarian venture capital market in short term. The owner of the company is Alliance Jura-Hongrie Holding S.A., a privately held company registered in Switzerland. 

A Venture Capital fund helping entrepreneurs build successful businesses

Day One Capital launched the first institutional Business Angel Fund to operate in Hungary in 2011, and as of today it manages two seed funds totalling over € 5 million. What sets the cooperative and inclusive Day One community apart from other venture capitalists is our keen interest in working closely with our partner entrepreneurs from day one. We value business potential combined with an internationally-minded founders’ team, driven by our commitment to help exceptional entrepreneurs building lasting companies. Our second fund totals at € 3.5 million. The investment size is € 200-500k.

DBH was founded in 1994 by Hungarian and Dutch local governments and development agencies in Maastricht. DBH Group is a venture capital fund and established the DBH Investment Venture Capital Fund Management Public Limited Company (Plc.). DBH Investment Venture Capital Fund Management Plc. successfully took part in the competition of the New Hungary Venture Capital Program  tendered by the European Commission and as a result, its fund grew to 5 billion HUF in 2009.

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.

Garangold Investment Plc. was founded on the 12 June 2013  to act as a Venture Capital Fund Management Company. The Fund Management Company is waiting for the application of potential target companies by filling a project form. Based on the given data, the Fund Management does a pre-qualification process. The form can be downloaded from the following link. 

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).

The social policy mission of MORANDO Venture Capital fund is to create new and long term jobs in Hungary.
The MORANDO Venture Capital Fund ceased its investment period on the 31st December 2013, currently the MORANDO Venture Capital Fund Management Ltd.. only manages the existing portfolio of MORANDO Venture Capital Fund.

PBG FMC is a venture capital fund management company in operation since 2011. Our primary goal is to profitably manage capital entrusted to us while furthering the excellent reputation of Hungary.

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.

Primus Capital enables ambitious and innovative companies in the technology and services sectors to realize their full business potential. Primus accelerates the growth of early and expansion stage enterprises by providing venture capital funding, development advice and access to international clients, partners and investors.

Central European based experienced entrepreneurs looking to support and invest in the most passionate startuppers, women & innovative SMEs. The mission is to help 1+3 months incubation in the heart of Europe and the leader startup Centre.

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.

Valor Capital Venture Capital Fund Management Ltd. is a member of the Cashline Group,being is active in venture capital and private equity investments for 15 years. Valor Capital has no industry focus strictly speaking, although there is an emphasis on IT, biotechnology and green energy projects (primarily due to the large upside potential). The duration of the funds is 10 years, but there is no optimal investment time horizon. There is no pre-defined expected return, the expected return on each investment is determined mainly by the risk of the specific project. 

X-Ventures is a branch of Biggeorge’s-NV Group dealing with venture capital investments. It coordinates the activities of the X-Ventures Alpha Closed Corporation founded in 2008 – earlier called Biggeorge’s–NV Equity Closed Corporation –, as well as the activities of the fund under the management of this company.

The Alpha Fund, launched within the framework of the Jeremie 1 Programme, focuses on start-up companies as well as on more mature, self-financing companies with significant growth potential.