Smartware.tech

SmartWare.tech is a venture capital investment firm based in Bonyhad, Hungary, specializing in hardware and Internet of Things (IoT) ventures in the Central and Eastern European region. Established in 2016, the firm focuses on sectors such as mobility, Industry 4.0, and medical technologies. It provides pre-seed funding ranging from 20,000 to 200,000 EUR and assists portfolio companies in developing minimum viable products (MVPs), enhancing customer and business development, and refining business models to prepare for subsequent funding rounds. The firm is backed by five for-profit companies, collectively employing 90 professionals and possessing five prototyping sites, which contribute to its stability and resource availability. SmartWare.tech's team brings extensive experience in venture capital, startup development, and hardware and software design, positioning the firm as a key player in fostering innovation and entrepreneurship in the region.

Levente Csak

Co-Founding Partner and CEO

Barnabas Malnay

Partner

András Réti

Co-Founding Partner

Balázs Varga

Partner

4 past transactions

REscan

Venture Round in 2019
REscan Inc. is a spatial data company founded in 2015 and headquartered in Redwood City, California. The company specializes in simultaneous localization and mapping technologies to create digital representations of commercial real estate interior spaces. By digitizing large portfolios, REscan enables these spaces to be remotely viewed, analyzed, edited, and optimized for extended reality applications. Utilizing artificial intelligence, REscan's platform annotates large indoor areas from a human perspective, offering 3D digital copies that enhance workflow efficiency and allow for accurate infrastructural mapping. This innovative approach facilitates professional access to distant locations, streamlining operations in the commercial real estate sector.

Chameleon Smart Home

Seed Round in 2019
Chameleon Smart Home is a technology company specializing in the manufacturing and development of smart home systems. It offers a range of products, including controllers, expanders, wireless devices, lighting system modules, and various accessories. The Chameleon system is designed to maintain the aesthetic integrity of homes by allowing for the exchange of home centers without requiring modifications to the existing structure. This approach enables the integration of different smart home technologies, ensuring seamless communication among various systems while preserving the original design of the home.

Konetik

Seed Round in 2017
Konetik is a company that specializes in developing a fleet management system aimed at integrating electric vehicles with an automated AI-driven vehicle and charging advisor. This system facilitates the management and integration of electric vehicles, allowing businesses to streamline administrative processes and enhance decision-making through data-driven insights. By utilizing Konetik's technology, companies can effectively reduce emissions while maintaining cost efficiency, thereby supporting a transition to more sustainable transportation solutions.
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