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.

Diána Bene

Analyst

Beáta Bocskor

Analyst

Ádám Csuhai

Principal

Virág Dezso

Principal

Ingrid Helmick

Associate

Brigitta Illés

CFO

Angéla Kopf

Associate

Henrik Néninger

Associate

Kristóf Székely

Partner

Péter Tóth

Analyst

Past deals in Hungary

PublishDrive

Series A in 2022
PublishDrive is an online platform based in Budapest, Hungary, that facilitates ebook distribution to over 400 retailers globally, including major names like Amazon, Barnes & Noble, and Apple Books. The company also reaches more than 240,000 digital libraries worldwide. It offers a comprehensive suite of services, including ebook conversion, marketing tools, sales analytics, and metadata management, which empower authors and small to medium-sized publishers to maintain control over the entire publishing process. Additionally, PublishDrive provides features such as royalty splitting for co-authors, enhancing collaboration among creators. By leveraging advanced technologies like artificial intelligence and machine learning, PublishDrive aims to optimize the publishing experience and maximize earnings for its clients through subscription-based distribution and various standalone services.

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, focusing on training individuals aged 18 to 40 in programming and technical skills. Founded in 2014 and headquartered in Miskolc, Hungary, Codecool offers a comprehensive curriculum that combines 12 months of practice with 6 months of on-the-job training. The program is designed to address the digital talent shortage by equipping students with in-demand skills in programming languages such as Python, Java, and JavaScript, as well as knowledge in GIT, databases, and agile methodologies like SCRUM. Codecool emphasizes project-based, mastery-focused learning, allowing students to progress at their own pace while engaging in real-life team projects. The institution provides a learning management platform and financing options to support students throughout their reskilling journey. For businesses, Codecool serves as a sourcing channel for high-quality digital talent and offers tailored reskilling solutions to meet specific organizational needs, including a try-and-hire model to evaluate candidates in a practical setting.

Neticle

Series A in 2019
Neticle is a rapidly expanding B2B SaaS startup based in Hungary, specializing in text analytics solutions for enterprises across several European countries. The company offers four primary products designed to enhance data-driven decision-making: Neticle Media Intelligence, which provides insights into public perceptions of brands and products; and Zurvey.io, a survey creation and analysis tool that can automatically process and interpret large volumes of textual data, such as open-ended survey responses and product reviews. Central to these offerings are the Text Analysis API and Data API, which allow seamless integration of advanced sentiment and semantic analysis capabilities into clients' existing platforms. By leveraging these technologies, Neticle supports businesses in improving productivity and optimizing operational efficiency.

CodeCool

Series B in 2019
Codecool Kft. operates a network of coding schools in Hungary and Poland, focusing on training individuals aged 18 to 40 in programming and technical skills. Founded in 2014 and headquartered in Miskolc, Hungary, Codecool offers a comprehensive curriculum that combines 12 months of practice with 6 months of on-the-job training. The program is designed to address the digital talent shortage by equipping students with in-demand skills in programming languages such as Python, Java, and JavaScript, as well as knowledge in GIT, databases, and agile methodologies like SCRUM. Codecool emphasizes project-based, mastery-focused learning, allowing students to progress at their own pace while engaging in real-life team projects. The institution provides a learning management platform and financing options to support students throughout their reskilling journey. For businesses, Codecool serves as a sourcing channel for high-quality digital talent and offers tailored reskilling solutions to meet specific organizational needs, including a try-and-hire model to evaluate candidates in a practical setting.

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.
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