PortfoLion

PortfoLion is a Budapest-based venture capital and private equity fund management firm founded in 2010. As a corporate venture capital arm of OTP Bank, it focuses on investing in companies within the IT sector and the digitalization of traditional industries, particularly those with scalable business models and strong growth potential in Central and Eastern Europe. PortfoLion's investment strategy encompasses a diverse range of sectors, including B2B, B2C, healthcare, advertisement technology, e-commerce, financial technology, big data, artificial intelligence, agriculture technology, and life sciences. The firm has also managed growth and expansion funds, such as the PortfoLion Regional Private Equity Fund, which targeted investments in Eastern Europe.

Tamás Balassa

Principal

Miklos Bonis

Investment Director

Bence Bánhalmi

Principal

Anna Csellár

Business Analyst

Zoltán Farkas

Investment Manager

Bence Gergely

Principal

Elemér Gidofalvy

Partner

Tibor Gyorbiro

Partner

Dániel Kiss-Király

Investment Manager

Zsolt Mihály

Principal

Péter Máthé

Investment Associate

Jeno Nieder

Deputy CEO

Botond Németh

Investment Manager

Gábor Pozsonyi

Partner

Csaba Páczai

CFO

Márk Pálfalvi

Principal

Aurél Pásztor

Partner

Kinga Szocs

Investment Associate

László Vécsei

Investment Director

49 past transactions

edrone

Series A in 2022
Edrone is an autonomous e-commerce CRM platform that provides advanced marketing automation solutions. Edrone collects, processes, and triggers customer data to help understand customers' behavior (Customer Intelligence) and engage them (Marketing Automation) with an all-in-one e-commerce marketing cloud, allowing businesses to automate their marketing activities and engage store visitors to increase sales. Edrone's customers include major European online stores as well as developing eStores. Among the Edrone customers are: x-Kom, Eastend, CitySport, Agent Provocateur, Tous, Wojas, Muve, and over 500 other stores. Each month Edrone handles Internet transactions worth over 3 billion Euros.

SEON

Series B in 2022
SEON specializes in fraud detection software that empowers businesses to prevent and combat fraudulent activities. Their products are centered around effective risk management and provide clients with the flexibility to tailor their fraud-fighting strategies. The SEON Intelligence Tool allows users to gather comprehensive data about a customer's digital footprint from various open and social sources, enhancing manual reviews and speeding up risk management processes. The SEON Sense Platform serves as a robust end-to-end solution, analyzing user behaviors through advanced techniques such as velocity rules and device fingerprinting. It enriches data in real-time via email, phone, and IP analysis, supplemented by social media profiling. By leveraging machine learning and human intelligence, SEON’s system predicts risk scores and automates decision-making, helping businesses swiftly identify and address fraudulent activities while ensuring data security.

Mindgram

Seed Round in 2022
Mindgram is a science-based platform and mobile application focused on comprehensive mental wellness. It aims to enhance productivity by addressing stress and burnout among employees. The platform provides daily personalized coaching, psychological support, and group workshops through chat or video calls. This enables users to develop valuable skills and effectively manage workplace challenges. By prioritizing mental well-being, Mindgram supports individuals in improving their overall performance and resilience in professional environments.

Deligo

Seed Round in 2022
Developer of AI checkout kiosks designed for on-site caterers to eliminate lines and save cost. The company's kiosks offer proprietary AI product recognition and dual image capture systems that offer superior accuracy for food checkout, enabling on-site caterers to offer easy automated checkout and save on cashier staffing costs.

Packhelp

Series B in 2021
Packhelp sp. z o.o. is a packaging manufacturer based in Warsaw, Poland, founded in 2015. The company specializes in designing and producing custom-branded packaging products, including mailer and shipping boxes made from corrugated cardboard, as well as smaller boxes for items like cosmetics and jewelry. Packhelp provides an online platform that allows users to create and order their own packaging designs through a web application. Its services cater to a diverse clientele, including online stores, physical retailers, agencies, and various enterprises, addressing their specific packaging needs with options for production, engineering, prototyping, and supply chain optimization.

FlowX.ai

Seed Round in 2021
Developer of an artificial intelligence-enabled application modernization platform designed to modernize their applications, systems, and infrastructure. The company's platform provides a life extension to the legacy stack and makes it possible to deploy modern omnichannel digital experiences that reuse existing systems and apps and then modernize and migrate smoothly, enabling organizations to drive revenue growth and information technology and business operational expenditure savings.

NovaKid

Series B in 2021
NovaKid Inc. is an online English school headquartered in San Francisco, California, specializing in early English language education for children. Founded in 2017, the platform connects students with native-speaking certified teachers for individual lessons, enhancing language skills through remote practice. In addition to live instruction, NovaKid incorporates AI-powered games and training applications that promote speaking and comprehension by utilizing authentic English content. The company serves a diverse student base across more than 30 countries, with a significant presence in Europe and the MENA region, particularly in Poland, Spain, Italy, Turkey, and Russia. NovaKid aims to provide an engaging and effective learning experience for young learners worldwide.

OneSoil

Series A in 2021
OneSoil, founded in 2017 and headquartered in Minsk, Belarus, is a startup focused on developing an AI-based precision farming platform aimed at enhancing agricultural productivity for medium and large farms. The company's platform utilizes satellite imagery and advanced technologies, including machine learning, deep learning models, and computer vision, to analyze soil and monitor farm operations. This enables farmers to optimize their work by predicting crop yields, planning farming activities, and effectively managing resources. OneSoil serves clients across the United States and Europe, offering its services through a mobile application and web platform accessible on various devices. The company has attracted early investment to support its growth and innovation in the agricultural technology sector.

SEON

Series A in 2021
SEON specializes in fraud detection software that empowers businesses to prevent and combat fraudulent activities. Their products are centered around effective risk management and provide clients with the flexibility to tailor their fraud-fighting strategies. The SEON Intelligence Tool allows users to gather comprehensive data about a customer's digital footprint from various open and social sources, enhancing manual reviews and speeding up risk management processes. The SEON Sense Platform serves as a robust end-to-end solution, analyzing user behaviors through advanced techniques such as velocity rules and device fingerprinting. It enriches data in real-time via email, phone, and IP analysis, supplemented by social media profiling. By leveraging machine learning and human intelligence, SEON’s system predicts risk scores and automates decision-making, helping businesses swiftly identify and address fraudulent activities while ensuring data security.

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.

Cursor Insight

Venture Round in 2021
Cursor Insight is a U.K.-based software development company founded in 2013 by Tamas Zelczer and Bence Golda. The company specializes in cybersecurity solutions focused on human motion analysis. It has developed an advanced algorithm for processing movement data captured from various devices, including electronic signature pads and computer mice. This technology utilizes machine learning to accurately recognize handwritten signatures and analyze user movements, allowing for the identification and classification of individuals based on their interaction patterns with computers and mobile devices. Cursor Insight's solutions enable clients to integrate motion tracking capabilities into their websites and applications, enhancing security and user verification processes.

NovaKid

Series A in 2020
NovaKid Inc. is an online English school headquartered in San Francisco, California, specializing in early English language education for children. Founded in 2017, the platform connects students with native-speaking certified teachers for individual lessons, enhancing language skills through remote practice. In addition to live instruction, NovaKid incorporates AI-powered games and training applications that promote speaking and comprehension by utilizing authentic English content. The company serves a diverse student base across more than 30 countries, with a significant presence in Europe and the MENA region, particularly in Poland, Spain, Italy, Turkey, and Russia. NovaKid aims to provide an engaging and effective learning experience for young learners worldwide.

edrone

Series A in 2020
Edrone is an autonomous e-commerce CRM platform that provides advanced marketing automation solutions. Edrone collects, processes, and triggers customer data to help understand customers' behavior (Customer Intelligence) and engage them (Marketing Automation) with an all-in-one e-commerce marketing cloud, allowing businesses to automate their marketing activities and engage store visitors to increase sales. Edrone's customers include major European online stores as well as developing eStores. Among the Edrone customers are: x-Kom, Eastend, CitySport, Agent Provocateur, Tous, Wojas, Muve, and over 500 other stores. Each month Edrone handles Internet transactions worth over 3 billion Euros.

Yieldigo

Seed Round in 2020
Yieldigo, s.r.o. is a company based in Prague, Czechia, that specializes in developing a SaaS-based web application aimed at optimizing retail pricing. Established in 2016, it caters to a diverse clientele, including supermarkets, drugstores, pharmacies, and e-commerce chains. The company's software employs proprietary machine learning algorithms to analyze consumer purchasing behavior and align it with retailers' business objectives, enabling the establishment of optimal pricing strategies. Yieldigo's tools facilitate pricing managers in making informed decisions by simulating shopper behavior, predicting key performance indicators such as profit, revenue, and margin, and providing recommendations for promotions. The application helps retailers enhance profitability by achieving a profit uplift of 5-15% while maintaining revenue and pricing stability. With additional locations in San Francisco and Moscow, Yieldigo is committed to maximizing operational efficiency for its clients across various retail sectors.

VCC Live

Series A in 2020
VCC Live Group Inc. is a software development company based in Budapest, Hungary, established in 1999. It specializes in creating a cloud-based technology platform that provides comprehensive call center solutions. The company's offerings include telesales, debt collection, customer service, and various communication channels such as voice, email, SMS, chat, and dialers. By enabling both in-house and outsourced call centers to operate efficiently, VCC Live's software enhances the effectiveness and security of customer interactions across multiple platforms. This technology is designed to streamline communication processes, allowing organizations to manage a wide array of customer engagements seamlessly.

SEON

Seed Round in 2019
SEON specializes in fraud detection software that empowers businesses to prevent and combat fraudulent activities. Their products are centered around effective risk management and provide clients with the flexibility to tailor their fraud-fighting strategies. The SEON Intelligence Tool allows users to gather comprehensive data about a customer's digital footprint from various open and social sources, enhancing manual reviews and speeding up risk management processes. The SEON Sense Platform serves as a robust end-to-end solution, analyzing user behaviors through advanced techniques such as velocity rules and device fingerprinting. It enriches data in real-time via email, phone, and IP analysis, supplemented by social media profiling. By leveraging machine learning and human intelligence, SEON’s system predicts risk scores and automates decision-making, helping businesses swiftly identify and address fraudulent activities while ensuring data security.

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.

Talk-A-Bot

Seed Round in 2019
Talk-A-Bot is an information technology company based in Budapest, Hungary, that specializes in developing a chatbot platform aimed at enhancing communication for enterprises across various sectors, including media, e-commerce, financial services, and utilities. Founded in 2016, the company provides solutions that automate customer interactions through messaging, allowing businesses to improve user experience and streamline communication. Talk-A-Bot's platform offers technical and marketing services with an emphasis on data privacy and backend integration, ensuring compatibility with multiple chat platforms. This enables companies to leverage digital tools for effective engagement with their customers.

Tresorit

Series B in 2018
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.

Banzai Cloud

Seed Round in 2018
Banzai Cloud specializes in simplifying the development, deployment, and scaling of modern cloud applications for enterprises. The company offers a pipeline platform that reduces the complexity associated with cloud-native technologies. This platform features an automation and execution engine designed to provide tailored deployment automation for various applications. By streamlining these processes, Banzai Cloud enables businesses to optimize their infrastructure, ensuring cost-effectiveness and efficiency in their operations.

CloudStorm

Seed Round in 2018
CloudStorm provides robotic process automation solutions. It offers CloudStorm, a process automation software toolkit that connects the systems that employees use and automate their repetitive tasks using software robots. The company’s toolkit is also used for automating tasks, connecting software, excel integration, creating complex workflows, data entry and reporting, and remote workforce applications. CloudStorm was founded in 2016 and is based in Budapest, Hungary with additional offices in Vienna, Austria; and Kraków, Poland. It has cloud datacenters in Germany, Ireland, and the United States.

Starschema

Private Equity Round in 2018
Starschema Ltd. is a business intelligence and big data service provider based in Budapest, Hungary, with an additional office in Arlington, Virginia. Founded in 2006, the company specializes in data warehousing and offers services that include Tableau, a data visualization platform designed for visual analytics. Starschema's team comprises skilled professionals dedicated to addressing complex data management challenges, positioning the company as a technology innovator in the industry.

SEON

Seed Round in 2018
SEON specializes in fraud detection software that empowers businesses to prevent and combat fraudulent activities. Their products are centered around effective risk management and provide clients with the flexibility to tailor their fraud-fighting strategies. The SEON Intelligence Tool allows users to gather comprehensive data about a customer's digital footprint from various open and social sources, enhancing manual reviews and speeding up risk management processes. The SEON Sense Platform serves as a robust end-to-end solution, analyzing user behaviors through advanced techniques such as velocity rules and device fingerprinting. It enriches data in real-time via email, phone, and IP analysis, supplemented by social media profiling. By leveraging machine learning and human intelligence, SEON’s system predicts risk scores and automates decision-making, helping businesses swiftly identify and address fraudulent activities while ensuring data security.

CodeCool

Series A in 2017
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.

Samebug

Seed Round in 2017
Samebug, Inc. operates a software platform designed to assist developers in identifying and sharing solutions to software bugs. Founded in 2015 and based in Budapest, Hungary, the platform utilizes stack trace analysis to help developers troubleshoot issues by searching through an extensive database of over a million solutions. When a developer encounters a crash, they can input the stack trace into Samebug's system—accessible via a web browser or integrated into development environments like IntelliJ IDEA or Android Studio. The platform then determines if the issue has been previously resolved by another engineer and presents the corresponding solution. If no solution is found, Samebug facilitates connections with experts who can provide assistance. In 2019, Samebug became a subsidiary of Rollbar, Inc.

Commsignia

Seed Round in 2016
Commsignia Ltd. researches, develops, manufactures, and distributes cooperative intelligent transportation systems. It offers vehicle-to-vehicle and vehicle-to-infrastructure communication technologies; and various connected car solutions; Commsignia V2X Software Stack, an embedded solution that provides a modular framework and small footprint for various resource-constrained target platforms. The company was founded in 2012 and is based in Budapest, Hungary.

Oradian

Series A in 2016
Oradian d.o.o. is a technology company based in Zagreb, Croatia, that specializes in Software-as-a-Service solutions aimed at enhancing financial inclusion. Incorporated in 2011, Oradian provides a core banking platform called Instafin, which enables microfinance banks, credit unions, and other financial institutions to digitize their operations and offerings efficiently. The company serves a diverse range of clients across Africa, Asia, and Latin America, contributing to the financial empowerment of underserved and unbanked populations. With a global community of over 80 financial institutions in 12 countries, Oradian focuses on delivering accessible financial services and supporting the growth of its clients through innovative technology and best practices.

Leopoly

Seed Round in 2016
Leopoly Ltd. is a Budapest-based company that specializes in developing 3D virtual reality software for content creation. Founded in 2015, Leopoly provides user-friendly solutions for customizing and assembling digital assets, enabling users to create and personalize 3D models and spaces. The company's platform supports a range of applications across various industries, including retail, education, healthcare, and automotive sectors. Leopoly's software stands out as a cross-platform solution that integrates web, native, and VR/AR capabilities, allowing both end users and developers to utilize its features. With an easy-to-use interface, the platform facilitates the creation, sharing, and management of 3D files, while its recently introduced API enables companies to build custom applications. Over its initial years, Leopoly's technology attracted more than 100,000 users and gained licensing agreements with numerous enterprises, demonstrating its impact in the 3D and VR market.

Szallas.hu

Private Equity Round in 2015
Szallas.hu operates as an online service for booking commercial accommodation, annually delivering bookings in value of €60 million for it’s accommodation partners.

Statzup

Seed Round in 2015
Statzup project is all about the passion of being a real football fanatic. With their apps and sites you will be able to follow your favorites to an extent you could not before: You get all the important news, statistics, records, pictures, you can guess the result of the games and compete with your friends using their brand new scorezup game. And on the top of that, you can set up and manage your own team using real players in their The Fantasy Football (TFF) game.

AImotive

Series A in 2015
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.

Oradian

Seed Round in 2015
Oradian d.o.o. is a technology company based in Zagreb, Croatia, that specializes in Software-as-a-Service solutions aimed at enhancing financial inclusion. Incorporated in 2011, Oradian provides a core banking platform called Instafin, which enables microfinance banks, credit unions, and other financial institutions to digitize their operations and offerings efficiently. The company serves a diverse range of clients across Africa, Asia, and Latin America, contributing to the financial empowerment of underserved and unbanked populations. With a global community of over 80 financial institutions in 12 countries, Oradian focuses on delivering accessible financial services and supporting the growth of its clients through innovative technology and best practices.

Leopoly

Angel Round in 2015
Leopoly Ltd. is a Budapest-based company that specializes in developing 3D virtual reality software for content creation. Founded in 2015, Leopoly provides user-friendly solutions for customizing and assembling digital assets, enabling users to create and personalize 3D models and spaces. The company's platform supports a range of applications across various industries, including retail, education, healthcare, and automotive sectors. Leopoly's software stands out as a cross-platform solution that integrates web, native, and VR/AR capabilities, allowing both end users and developers to utilize its features. With an easy-to-use interface, the platform facilitates the creation, sharing, and management of 3D files, while its recently introduced API enables companies to build custom applications. Over its initial years, Leopoly's technology attracted more than 100,000 users and gained licensing agreements with numerous enterprises, demonstrating its impact in the 3D and VR market.

Graboplast

Private Equity Round in 2015
Graboplast Zrt. is a manufacturer based in Gyõr, Hungary, specializing in interior floor decoration products. Founded in 1905, the company offers a diverse range of products that includes vinyl sports flooring, residential and commercial flooring, and artificial leather. Its offerings also encompass specialized flooring for dance studios, theatres, performance halls, clubs, and casinos, as well as wall coverings and transport flooring. Graboplast serves a global customer base, providing high-quality solutions for both residential housing and commercial facilities.

Synetiq

Seed Round in 2014
Synetiq helps brands & media producers create high performing video ads from based on biometric data from their target audience and machine learning. Short video: https://www.youtube.com/watch?v=hfO1rtCTGPw Clients include BBC, HBO, RTL, Viacom, AMC Networks, Belgian Television, Tesco, CBA, Spar, Telekom, Telenor, Vodafone, Egis, Merck, Heineken, IKEA, Raiffeisen Bank, CIB Bank, Auchan, EON Energy, MOL Oil, Béres, OTP Bank, K&H Bank, Molson Coors, Teva, Richter, MediaMarkt, Kantar TNS, Young & Rubicam, Havas Media, Mito among others.

Genio Studio Ltd

Seed Round in 2014
Genio is a web and mobile development studio.

NOW Technologies

Seed Round in 2014
Gyroset™ Glory headset is a proportional head control, enabling tetraplegic or other heavily injured users to control the wheelchair, the environment, computers etc. with a nod of their head instead of having to use all kinds of cumbersome solutions blocking their vision. Now Technologies has been founded to undertake the development, design, marketing, manufacture and support of the GyroSet solution. Paralysis can be a life-changing condition, especially if the injury prohibits the person from going about their daily routine or job as maybe they previously did. Their goal is to provide these people with an affordable solution that can make them independent and enable them to live their lives with mobility and through providing a way to interact with computers again, providing them with the potential to work, create and communicate.

Replise

Series A in 2013
Replise specializes in social media analysis, offering insights through a combination of advanced search engine technology and conversation analytics software. The company employs a diverse team of experts, including developers and market researchers, to provide comprehensive analysis of social media content in over 40 languages. With research and development centers in Budapest and Warsaw, along with offices in Frankfurt and London, Replise serves a growing global clientele, extending its reach to fast-growing markets such as China, South America, and the Middle East. Their methodologies encompass both qualitative and quantitative analyses, leveraging extensive data generated across various regions to deliver actionable market intelligence. This positions Replise as a key player in the evolving landscape of social media analysis.

Applied Cell Technology

Series A in 2013
Applied Cell Technology develops and distributes a patented platform technology which enables significantly better survival of stem cells, gametes, embryos after any interventions like cryopreservation. They provide solutions for research labs or businesses. They believe in giving more chance to cells will result a more predictable outcome in stem cell interventions or in assisted reproduction procedures.

D-ÉG Thermoset

Private Equity Round in 2012
D-ÉG Thermoset Kft. is a defining player in the building engineering market in Hungary. On the one hand, the company owns the widely recognized panel radiator factory in Dunaújváros, which represents top manufacturing quality in the region and is the only Hungarian-owned company operating in the field. On the other hand - based on its radiator production activities - the company has established a commercial retail chain of 23 stores located around the country. Today, the turnover of these stores is several times greater than D-ÉG Thermoset's turnover from the manufacturing and sale of radiators. During the recession in the construction sector after 2008, the company lost significant markets both in its commercial and in its manufacturing divisions. Its relative market share, however, did not decrease: in fact, D-ÉG Thermoset increased its presence in some segments. Since the beginning of the financial crisis, the firm has implemented several important programs to improve efficiency. As a result, it was able to maintain operational profitability, even though lower turnover has led to proportionally increasing financial expenditures, necessitating the help of outside investors. The common aim of both OTP Turnaround Capital Fund and the majority owner of D-ÉG Thermoset Kft. is to return the company to a path to growth. Since the medium-range prospects of Hungary's construction industry do not indicate any real market expansion, the business plan developed jointly focuses primarily on improving efficiency, entering new market segments while exploiting the company's current network, and increasing the export of radiators.

3G Multimedia

Series A in 2012
3G Multimedia Ltd provides turnkey white label music streaming solutions. Turnkey includes legal services, content provision and end-to-end technology solutions. Its main markets are the CEE and EMEA regions.

Nanushka

Series A in 2012
Nanushka is an internationally recognized Hungarian women's fashion label. A family-run business, the brand has seen steady growth in annual sales and has found fans from New York to Tokyo, including celebrities like Charlize Theron, Lucy Liu, Selma Blair and Angelina Jolie. The brand was founded by designer Szandra Sandor after her graduation from the London College of Fashion. It started out with funding and assistance from the family, which was sufficient to return solid results and establish a strong brand name. To sustain and increase growth, however, and to create a truly international label, changes were needed. Nanushka International Zrt. was founded thanks to venture capital investment as a new vehicle for the brand's expansion into the global market and to realize the full potential of the designer's talent. The primary focus of the brand is the US market and Asia, but similarly essential French, Italian and Hungarian markets are also targeted.

Gravity R&D

Series A in 2011
Gravity R&D is a fast-growing company that helps customers with its state-of-the-art recommendation solutions. These solutions enable Gravity's customers to increase revenues by providing personalized recommendations to their current user base. Their goal at Gravity is to determine the best relationship between personal taste and other user group preferences through sophisticated mathematical algorithms, taking customers beyond the obvious to new discoveries. This results in additional sales and increased user satisfaction. The high quality recommendations Gravity solutions make are proven to generate additional revenues for their clients. Gravity was founded in 2007 as a spinoff of Team Ensemble from Budapest University of Technology and Economics, which achieved the highest overall score (and ranked 2nd) in the Netflix Prize Competition, the most important competition for recommendation engines.

Cellum

Series A in 2011
Cellum is a prominent multinational mobile wallet provider based in Europe, specializing in mobile commerce solutions for banks, mobile operators, and various service providers. The company's platform facilitates secure and convenient transactions through smartphones, covering a wide range of services such as payments, couponing, loyalty schemes, parking, fundraising, public transport, and peer-to-peer payments. By offering banking-grade solutions, Cellum enables users to easily access and engage with mobile commerce, enhancing their overall transaction experience.

Leonar3Do

Series A in 2011
Leonar3Do International Inc. specializes in providing an integrated software and hardware platform that delivers a virtual reality experience, allowing users to visualize and interact with virtual objects in a true three-dimensional space. The company offers several products, including the Interactive Desktop VR Kit, which features a software package alongside three-dimensional goggles, sensors, and monitor mounts. Additionally, it provides the Leonar3Do Professional Edition for commercial applications, the Educational Edition for academic institutions, and a Software Development Kit for customizing software applications on its platform. Leonar3Do also features Leopoly, an online tool for crowd sculpting and gaming experiences. The company's products are distributed through resellers in multiple countries, including the United States, Germany, and Japan. Founded in 2011, Leonar3Do is headquartered in Budapest, Hungary.

Stringbike

Series A in 2011
Stringbike is a manufacturer that focuses on innovative bicycle technology by replacing traditional chain mechanisms with flexible ropes. Founded in the early 1990s by students from the Technical University of Budapest, the company addresses common issues associated with conventional bicycles, such as chain wear, noise, and dirt accumulation. By utilizing a string-driven system, Stringbike's products not only enhance the riding experience by providing a quieter operation but also aim to boost overall fitness for users. In addition to bicycles, the company also offers wheelchair accessories, further expanding its commitment to creating efficient and practical transportation solutions.

Intellio

Series A in 2011
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.

3G Multimedia

Series A in 2011
3G Multimedia Ltd provides turnkey white label music streaming solutions. Turnkey includes legal services, content provision and end-to-end technology solutions. Its main markets are the CEE and EMEA regions.

Cryo-Innovation

Series A in 2010
Cryo-Innovation Ltd., as an R&D company focuses on accommodating stable and innovative solutions into Assisted Reproductive Technologies, both animal and human.
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