Euroventures

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 focus on 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.
NB

Norbert Bial

Investment Manager

TH

Thomas Howells

Director

Robert Luke

MD and Controller

Peter Tanczos

Director

ZT

Zoltán Tóth

Director

Past deals in Hungary

BVfon Telecommunication

Series A in 2005
BVfon Telecommunication Limited provides telecommunication and payment applications for detention facilities. It offers ConTel, an IT and communication system for handling and monitoring of prisoners telephone conversations; and retail shop payment system. BVfon Telecommunication Limited was founded in 2004 and is based in Budapest, Hungary.

Hunch Insights

Venture Round in 2022
We help businesses acquire and grow their customers online. We build innovative technology on top of the most important digital platforms like Facebook, Instagram, Adwords, Twitter and LinkedIn and use that technology to make brands and agencies wildly successful with their social and video advertising. Why? Because, acquiring customers online is becoming and increasingly complex and expensive experience. The gap between what ads your users want to see and what ads they are actually served remains large. We help our customers bridge that gap. Hunch is on a mission to help businesses deliver an automated, optimized, and personalized customer journey through latest advertising technology and processes.

RisingStack, Inc

Venture Round in 2015
RisingStack, Inc. develops software for building and resilent digital products. The company provide full stack development and node.js consulting to build web apps; develops, SRE, and cloud consulting for building and operating micro services architecture; kubernetes consulting to orchestrate distributed systems; infrastructure assessment and code review for existing software; and training and education for technologies. The company is based in Hungary.

Prefixbox R&D Kft.

Seed Round in 2021
Prefixbox R&D Kft. develops e-commerce site search tools. Its solutions include autocomplete, a search tool that recommends relevant suggestions before the first keystroke; related searches, allows user to customize the location of the displayed recommendations to fit user’s web layout; search engine; and search analytics, supports informed business decisions. The company was founded in 2014 and is based in Budapest, Hungary with an additional office in London, United Kingdom.
Ordit provides an innovative platform for companies and their employees to access a wide range of restaurants and deliver fast and convenient food orders up to the budget set by the company. Companies using the Ordit system save time, cost, and administrative work, while employees can order their favorite restaurants with a much faster and more convenient ordering method.

Tresorit

Series A in 2012
Tresorit Ltd. provides solutions to encrypt and share files in the cloud. The company offers Tresorit, a security solution for distributed storage systems that enable users to store and share files in a secure way using the cloud. It offers its solutions for client-side encryption, secure storage, secure transfer, secure sharing, authenticated transactions, and access control. The company was founded in 2011 and is based in Budapest, Hungary.

Quinyx AB

Series A in 2011
Quinyx is the market leader in the Scandinavian region when it comes to Workforce Management. Workforce Management is a resource-intensive task that is prominent in most companies. Quinyx's web-based system provides support for scheduling, time reporting, task management, budgeting and forecasting. We are driven by the belief that management of staff can be made much more efficient and fun!

UCMS Group EMEA Ltd.

Series A in 2008
UCMS Group is a leading multi-country payroll and accounting service provider in Central and Eastern Europe. UCMS has been the long-term regional service provider of choice for many blue-chip multinationals and local companies, working with many of them for over 10 years in multiple markets. UCMS Group was founded by entrepreneurs (Mr. Andreas Kemi and Mr Thomas Hedström) and was supported by regional private equity funds, led by Mint Capital, in the financing of its regional expansion strategy.

Daytrip Europe Ltd

Series A in 2022
Daytrip Europe Ltd develops a platform that enables tourists to travel with local drivers. The platform connects travelers with local drivers who will transport them from one city to the next. The customers can book a driver through the platform by putting their origin and destination on the company's platform, the company will then provide private door-to-door transfers between cities with local drivers. Daytrip Europe Ltd was founded in 2015 and is based in London, United Kingdom.

EPAM Systems

Series B in 2008
Through its ‘Engineering DNA’ and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver innovative solutions that turn complex business challenges into real business opportunities. EPAM’s global teams serve customers in over 25 countries across North America, Europe, Asia and Australia. EPAM is a recognized market leader among independent research agencies and was ranked #12 in Forbes' 25 Fastest Growing Public Tech Companies, as a top information technology services company on Fortune's 100 Fastest Growing Companies, and as a top UK Digital Design & Build Agency.

SequenceIQ Inc.

Venture Round in 2014
Turn your data into actionable insights

Logiscool Kft.

Venture Round in 2020
Logiscool Kft. offers educational courses in computer coding for children and teenagers. The company provides digital courses and camps for programming and coding for children aged six-18. The company was founded in 2014 and is based in Budapest, Hungary.

SONEAS Chemicals

Series A in 2012
SONEAS was established with a team strength of 144 people, a firm with business verticals focused on R+D and CMO, targeted at the Innovator Pharma and Fine Chemical sectors.In R+D, it is a professional chemical service provider with research and analytical labs across two operating sites in Budapest. It also has an 8,000 sq mtr facility which houses process R+D, kilo lab and a cGMP approved pilot plant facility which was commissioned in 2002. In CMO, it is operating on 65,000 m2 site and capable of providing starting materials, intermediates for pharma and non-pharma applications as well as other fine chemical products on a commercial scale. SONEAS existing customer base includes names like Chinoin, Ogeda, Eisai, Leo Pharma among others.

Bankmonitor Kft.

Series A in 2013
Bankmonitor Kft. offers financial services. It provides a platform with extensive databases of credit and banking information and comparative calculators. The company was founded in 2012 and is based in Budapest, Hungary.

KinePict

Venture Round in 2016
Kinepict Health Ltd manufactures the imaging device for angiography. The device uses kinetic imaging technology, which allows the person to see the movement of the contrast media based on the X-ray image series. It provides digital variance angiography (DVA) image of blood vessel structures by detecting the movement of the iodinated and carbon dioxide (CO2) contrast medium bolus. Kinepict Health Ltd was founded in 2015 and is based in Budapest, Hungary.

Autohop

Venture Round in 2014
Ride sharing in Central Europe

MediMass

Venture Round in 2011
MediMass develops and commercializes technologies to accelerate the in vivo analysis of biological tissues. The company offers Intelligent Surgical Device, which distinguishes between malignant tumor cells and the surrounding healthy tissue during cancer surgery, and enables the operation of skin, breast, and testicle areas. Its product provides information related to early or advanced stage cancer.

Fürgefutár.hu

Venture Round in 2015
Fürgefutár.hu Kft, through an online platform, offers parcel delivery services to customers. The company was founded in 2010 and is based in Budapest, Hungary.

Eutecus

Series A in 2011
Eutecus develops and licenses embedded video analytics solutions for the commercial (intelligent video surveillance) and military (intelligence, surveillance and reconnaissance) markets combining special multi-core processing architectures and massively parallel algorithms embedded in programmable logic devices (FPGAs). Its main product is the Multi-core Video Analytics Engine (MVE), which is a scalable, configurable and customizable engine that can be used to implement complete video analytics system-on-chip (SoC) solutions embedded in a single low-cost FPGA chip. MVE-enabled devices (intelligent security cameras, Digital/Network Video Recorders and other devices in a security installation) can detect multiple events in parallel (e.g. forbidden zone, abandoned object, loitering, wrong direction in traffic, illegal lane change, etc.) in High-Definition video streams.

Banzai Cloud Ltd.

Seed Round in 2018
Bringing Cloud Native to the Enterprise

IND Group

Series A in 2007
IND Group is a innovator and developer of online and mobile banking, PFM and payments technology products on the global e-finance market.

Prefixbox R&D Kft.

Seed Round in 2019
Prefixbox R&D Kft. develops e-commerce site search tools. Its solutions include autocomplete, a search tool that recommends relevant suggestions before the first keystroke; related searches, allows user to customize the location of the displayed recommendations to fit user’s web layout; search engine; and search analytics, supports informed business decisions. The company was founded in 2014 and is based in Budapest, Hungary with an additional office in London, United Kingdom.

Omixon

Series A in 2012
Omixon is a biotechnology company that specializes in high-resolution HLA genotyping.