Primus III

Primus III was an early-stage venture capital fund established in 2010 and managed by Primus Capital Partners, based in Budapest, Hungary. The fund focused on investing in technology-enabled services, commercial services, and the telecommunications, media, and technology (TMT) sectors. Primus III aimed to make investments ranging up to EUR 1.5 million in approximately 10 to 12 companies, primarily targeting businesses located in Hungary. The fund's strategy involved providing capital to help these enterprises grow and develop their market presence.

Creighton Aldridge

Senior Associate

Michael Coletti

Senior Associate

Jordan Conn

Associate

Aaron Davis

Managing Director

Jonathan Dick

Managing Director

John Grayson

Senior Associate

Ronald Hess Jr.

Managing Director

William Jones

Associate

Shanti Mittra

Director

Phillip Molner

Managing Partner

Connor Murphy

Associate

Dominic Offredo

CFO, CCO

Brian Peccie

Associate

William Schneider

Associate

Chandler Watlington

Vice President

Chris Welch

Director

Franz Krejs Ph.D

Partner and Investment Director

Past deals in Hungary

Maven7

Seed Round in 2014
Maven7 supports business decisions by transforming large amounts of hard-to-interpret data into actionable business intelligence. Based on the methodologies of network analysis and data mining, Maven7 has developed its own proprietary network mapping tools, including OrgMapper and Diktio Labs, to conduct analyses in organizational development, social media, the pharmaceutical/medical industries and many other fields.

iCatapult

Series A in 2012
iCatapult is a specialized accelerator dedicated to supporting Central and Eastern European (CEE) startups and technologies with global potential. The organization offers a comprehensive startup accelerator program that combines financial assistance with expert business mentoring. By employing lean development methodologies, iCatapult guides entrepreneurs through the acceleration phase, while also facilitating global business development and market access during the rollout phase. The focus on CEE technologies aims to help these startups succeed in the international market, leveraging the expertise of experienced mentors to foster growth and innovation.

Cloudagents

Venture Round in 2010
CloudAgents is a global leader in providing multilingual contact center services using an at-home workforce. The company provides OmniChannel Front Office BPO services globally with more than 12,000 Native Speakers in 150+ languages. The company’s cloud-based systems and patent pending processes enable it to employ and manage its workforce remotely, which includes home-based agents. The model provides the ability for companies and organizations to reach out and cater their customers globally in any language, while provides the ability for people to work wherever and whenever they want. Since its foundation in 2008, CloudAgents has handled over 20 million customer interactions and executed more than 500 projects for more than 250 blue chip clients in multiple languages. Company has chosen as Top 100 Tech Companies in Europe by Red Herring in 2015.

Intellio

Venture Round in 2009
Intellio Ltd. is a technology company based in Budapest, Hungary, specializing in advanced video surveillance systems. Established in 2004 by a team of engineers from the security industry, Intellio develops products aimed at enhancing security in medium to large, multi-site environments such as stadiums, retail shops, and logistics facilities. Its flagship offerings include the Intellio Video System 4, which features video management software, and intelligent cameras equipped with detectors for real-time event detection. These systems are designed to automate the recognition of security risks, enabling security providers to respond swiftly to potential threats. Additionally, Intellio's technology supports traffic management by providing efficient retrieval of stored video recordings, further enhancing its utility in various surveillance contexts.

NEBOTRADE

Venture Round in 2005
NEBOTRADE, Ltd. is a Hungarian company established in 1993, specializing in the development and manufacturing of microbiological media. With a production facility that began operations in 1996, the company is capable of producing up to 200,000 kilograms of culture media annually, with batch sizes ranging from 25 to 5,000 kilograms. NEBOTRADE offers a diverse portfolio of over 200 products, catering to various sectors, including medical and veterinary bacteriology, food microbiology, industrial applications, and mycology. The company also produces transport media and is equipped to manufacture customized cell culture solutions tailored to client specifications. NEBOTRADE serves the pharmaceutical industry, leveraging its skilled technical staff to meet the specific demands of its customers.
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