Lead Ventures

Lead Ventures is a venture capital firm based in Budapest, Hungary, that focuses on financing scale-ups and emerging growth companies in Central and Eastern Europe. Established in 2017, it specializes in investments across various sectors, including mobility, energy and sustainability, as well as B2B services, software, chemicals, IoT, and retail. The firm typically invests between €1 million and €10 million, targeting dynamic teams with strong growth potential and validated market solutions. With €100 million under management, Lead Ventures is backed by MOL, a leading energy company in the region, along with two financial institutions dedicated to supporting the startup ecosystem. The firm aims to empower promising ventures with not only capital but also experience and a robust professional network, fostering innovation to transform industries.

Ádám Csuhai

Principal

Virág Dezso

Principal

András Dunai

Partner and Director

Abel Galacz

Founder and CEO

Balázs Haszonics

CFO

Kristóf Székely

Partner

14 past transactions

GA Drilling

Venture Round in 2022
GA Drilling a.s. is a high-tech company based in Bratislava, Slovakia, specializing in the design and development of the PLASMABIT technology platform. This innovative system integrates chemical, electrical, and mechanical components to enhance drilling and milling operations, offering precise control over tool positioning and plasma movement. The company focuses on applications in the oil and gas, geothermal energy, and mining sectors, providing solutions that enable significant time and cost savings compared to traditional drilling methods. In addition to its drilling technology, GA Drilling also offers geothermal power generation services and environmental plug and abandonment solutions. Founded in 2008 and originally known as Geothermal Anywhere, a.s., the company rebranded to GA Drilling a.s. in May 2013.

PublishDrive

Series A in 2022
PublishDrive provides an online solution to distribute ebooks to retailers worldwide. It provides new target groups, sales analytics, and social media tools; and multiplatform distribution, conversion, and marketing services. The company is based in Budapest, Hungary.

Bindr

Pre Seed Round in 2022
On Bindr students can join study sessions with their peers to hold each other accountable whenever they lose focus or just need some company while working from home. Anyone can start or schedule a study session and other students can join or sign up for them. In the sessions students are on mute so they don’t disturb each other, but they get to know their study partners by texting encouraging messages in the group chat, and possibly arrange the next session. With the current climate, it can be particularly challenging for students to interact with one another, therefore we aim to help them through their difficulties with a tool that enables them to study together like they would do in a library.

Leanpay

Series A in 2021
LeanPay is a app for online purchases in installments and arrange repayments without visiting the store.

Recart

Seed Round in 2021
Recart Technologies Limited Liability Company develops an ecommerce software application. It offers Recart, a messenger marketing tool to recall abandoned carts, send discount offers, shipping notifications, get follow up after sales feedback, and deliver coupon codes. The company was founded in 2015 and is based in Budapest, Hungary.

Codecool

Series C in 2021
Codecool Kft. operates a network of coding schools in Hungary and Poland, aimed at addressing the digital talent gap while providing individuals with new career opportunities. Founded in 2014 and headquartered in Miskolc, Hungary, Codecool offers a comprehensive curriculum that spans 12 months of practical training followed by 6 months of on-the-job experience. The program targets individuals aged 18 to 40 and emphasizes project-based, mastery-oriented learning tailored to meet the demands of the tech industry. Students gain proficiency in essential programming languages such as Python, Java, and JavaScript, along with knowledge of GIT, databases, and agile methodologies like SCRUM. The curriculum is designed to foster both technical and soft skills, promoting teamwork, time management, and problem-solving. Codecool also provides businesses with a channel to source skilled digital talent, facilitating tailored training and a try-and-hire model to assess candidates in real work environments. This approach ensures that the educational content remains relevant and aligned with market needs.

Chargery GmbH

Series A in 2020
Chargery GmbH is a Berlin-based company that specializes in electric vehicle charging services. Established in 2017, it has developed a mobile charging station that allows customers to request charging assistance as needed. In addition to charging, the company offers a range of supplementary services including filling of consumables, interior and exterior cleaning, tire checks, battery swaps, and vehicle relocation. Chargery GmbH aims to enhance the convenience of electric vehicle ownership by providing on-demand services tailored to customer requirements.

BitNinja.io

Series A in 2020
BitNinja is an easy-to use server security tool, which can be installed on your server within a couple of minutes and requires virtually no maintenance. It is a mixture of an on-premise and cloudbased solution. It is an agent which sits on your infrastructure and sends the attack information to the central server which is in the cloud. We have a new technology called defence network, which means that every BitNinja protected server learns from each attack and shares the learned information with the central server and with all the other BitNinja enabled servers, so the shield just gets stronger and stronger with every single attack.

AMODO

Series A in 2020
Amodo d.o.o. develops a cloud-based connected customer platform for insurers. It offers Advanced Driving Behavior Analytics, a solution that processes the data from the connected vehicle, and generates advanced driving behavior and driving pattern reports; and Driver Engagement and Coaching, a solution that drives interaction with the driver through a gamified approach. Additionally, the company offers business consulting, behavior based customer segmentation, content management system, and scoring framework and templates. It serves small and medium enterprises, and insurance, automotive, and transport industries. Amodo d.o.o. was founded in 2013 and is based in Zagreb, Croatia with additional offices in Vienna, Austria and San Francisco, California.

Neticle

Series A in 2019
Neticle is one of the fastest-growing B2B SaaS startups in Hungary, providing text analytics solutions for enterprises in Austria, Bulgaria, Croatia, Czechia, Denmark, Georgia, Germany, Hungary, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Sweden and Ukraine. The company has four product to boost data-based business decisions: Neticle Media Intelligence, which can show companies what the web thinks of their brand and products; Zurvey.io, which is a survey maker & analyzer, able to automatically analyze thousands of textual data like open-ended survey responses or product reviews. The motor of these systems is the Text Analysis API and Data API which can be easily integrated into companies' own platform.

Neuron soundware

Venture Round in 2019
Neuron Soundware is a deep tech startup in AI and IoT using audio analysis to detect broken machines. Neuron soundware develops a detection system that detects machine problems. By recording audio data via sensors and the subsequent automatic evaluation, failures or abnormal behaviors of machines are detected and production breakdowns are prevented. Neuron soundware was named “Idea of ​the Year 2016” in the Czech Republic for the combination of artificial intelligence and IoT (using acoustic sensors). Founded in 2016 by Pavel Konečný in Prague, the company received EUR 600,000 investment by J&T Ventures in 2017. In 2018, Neuron soundware was classified as a “Cool Vendor in Acoustic Technologies for Predictive Maintenance” by Gartner. And one year later the company closed Round A with EUR 5.75 milion investment from INVEN CAPITAL and LEAD VENTURES. We are proud to work with clients such as Airbus, Siemens, BMW, Skoda, MVV Energie, Bosch, LG or Daimler. "We listen - so you can fix it before it breaks."​

GA Drilling

Series B in 2019
GA Drilling a.s. is a high-tech company based in Bratislava, Slovakia, specializing in the design and development of the PLASMABIT technology platform. This innovative system integrates chemical, electrical, and mechanical components to enhance drilling and milling operations, offering precise control over tool positioning and plasma movement. The company focuses on applications in the oil and gas, geothermal energy, and mining sectors, providing solutions that enable significant time and cost savings compared to traditional drilling methods. In addition to its drilling technology, GA Drilling also offers geothermal power generation services and environmental plug and abandonment solutions. Founded in 2008 and originally known as Geothermal Anywhere, a.s., the company rebranded to GA Drilling a.s. in May 2013.

Codecool

Series B in 2019
Codecool Kft. operates a network of coding schools in Hungary and Poland, aimed at addressing the digital talent gap while providing individuals with new career opportunities. Founded in 2014 and headquartered in Miskolc, Hungary, Codecool offers a comprehensive curriculum that spans 12 months of practical training followed by 6 months of on-the-job experience. The program targets individuals aged 18 to 40 and emphasizes project-based, mastery-oriented learning tailored to meet the demands of the tech industry. Students gain proficiency in essential programming languages such as Python, Java, and JavaScript, along with knowledge of GIT, databases, and agile methodologies like SCRUM. The curriculum is designed to foster both technical and soft skills, promoting teamwork, time management, and problem-solving. Codecool also provides businesses with a channel to source skilled digital talent, facilitating tailored training and a try-and-hire model to assess candidates in real work environments. This approach ensures that the educational content remains relevant and aligned with market needs.

AImotive

Series C in 2018
AImotive Informatikai Kft. specializes in artificial intelligence-driven self-driving technology designed for human drivers. Founded in 2015 and based in Budapest, Hungary, the company leverages camera-based solutions that replicate human visual capabilities. AImotive offers a suite of products, including aiDrive, which provides global self-driving functionalities across various weather conditions, and aiSim, which enables developers to test self-driving software effectively. Additionally, their aiWare product consists of AI-optimized hardware that is scalable for both embedded solutions and data centers. By combining expertise in artificial intelligence, sensor fusion, and 3D graphics, AImotive aims to support industry partners in achieving their autonomous driving objectives, fostering collaboration with its modular and hardware-agnostic solutions.