The Hungarian startup scene has grown significantly, to which venture capital firms have been actively contributing. Among the investors are Hiventures with more than 750 investments and PortfoLion managing €250 million across several funds. To assist entrepreneurs, we have prepared a complete list of venture capital investors. Our experts have selected for you the top 10 venture capital firms in Hungary. You can find more details about investment opportunities here.
Here's a table that summarizes the overall VC data for a quick overview:
1. Hiventures
Hiventures is one of the leading VC firms that invests in the growth and development of Hungarian startups and innovative enterprises, regardless of their life cycle. It invests in bold visions and help through their capital, mentorship, and strategic partnerships. From creative industries to DeepTech, health, and agriculture, it supports founders in scaling, networking, and attaining success. Hiventures aims to develop competitive, market-ready startups that would spur growth and innovation within Hungary's entrepreneurial ecosystem.
With the support of OTP Bank, PortfoLion Ventures is a dynamic VC and private equity firm in the CEE region. They currently manage assets worth €440M across six funds and cover all business life cycles, from early-stage startups to more mature enterprises. Including agriculture, digital technologies, and ESG, they invest in various sectors. PortfoLion supports visionary founders with flexible funding to scale and make a difference in competitive markets.
Geography: Central and Eastern Europe, including Hungary
Notable Investments: Not specified
3. Day One Capital
Day One Capital is a VC firm backing early-stage B2B software startups in Central Eastern Europe. They invest in seed and Series A companies with innovative products and global ambitions, offering funding from €300k to €1.5M per round. Leveraging deep entrepreneurial and investor expertise, Day One Capital helps founders scale world-class solutions from the CEE region’s skilled talent pool to conquer international markets.
Geography: Central and Eastern Europe, including Hungary
Notable Investments: Not specified
4. Lead Ventures
Lead Ventures is a Budapest-based VC firm specializing in scaling-up financing across Central Europe. They invest €1-10 M in companies with market-validated products, strong growth potential, and innovative solutions. Concentrating on mobility, energy, and B2B software, Lead Ventures puts together capital, experience, and a wide professional network to help startups scale up internationally. They are in close cooperation with other VC and PE firms to activate dynamic teams to change their respective industries with innovation.
Geography: Central and Eastern Europe, including Hungary
Notable Investments: Not specified
5. Oktogon Ventures
Oktogon Ventures is a VC firm backing high-growth B2B SaaS startups from CEE. Focused on early-stage companies with €10k+ MRR and global ambitions, they invest €100k-€400k in initial rounds, scaling up to €1.2M through follow-ons. With a strong founder-first mindset, they support motivated teams with mentorship in product, sales, hiring, and fundraising. Having a strong local background and global network helps them unlock the full potential of each startup while co-investing with top-tier global partners.
Investment Range: €150,000 and up in follow-on rounds
Stage: Seed, Early Stage
Sector: Commercial Services, Software, SaaS
Geography: Central and Eastern Europe, including Hungary
Notable Investments: FLIT Invest, Deligo, AEY
6. GB & Partners
GB & Partners is the largest independent private equity and VC fund management firm in Hungary, providing more than just capital: hands-on support in strategy, operations, and sales to drive growth for portfolio companies. Closely working together with management teams, GB & Partners underpins robust returns for investors, coupled with sustainable business success across the region.
Y Soft Ventures invests in innovative B2B tech startups from Central and Eastern Europe. Focused on IoT, Industry 4.0, cybersecurity, and big data, it invests in hardware and software solutions that make businesses smarter. Y Soft Ventures supports early-stage companies with global potential by offering expertise, market insight, and a network to help transform ideas into impactful solutions.
X-Ventures is Hungary’s leading VC firm, managing three funds: Alpha, Beta, and Gamma. While they focus on IT and biotechnology, they also invest in traditional sectors like healthcare, logistics, electronics, and machinery. Beyond capital, X-Ventures helps portfolio companies unlock their full potential through expert guidance and strong industry networks.
Herius Capital is a venture capital firm with early-stage, Space Tech investment focus. They back innovative startups shaping the bright future of space technology with a focus on Europe and exclusive access to CEE and SEE markets. Active investors, the company supports scale in technology, business structuring, and building a strong ecosystem around the NewSpace industry.
Runa Capital is a global Venture Capital firm investing in early-stage tech startups, focusing on deep tech, enterprise software, and fintech. Founded by some serial entrepreneurs, they understand the challenges founders face and provide hands-on support to scale businesses. With investments in companies like NGINX and Mambu, Runa combines tech expertise and a strong transatlantic network to help ambitious founders build impactful, global companies.
Is VC high risk? Venture capital is a type of investment that can be risky but has the potential for high returns. However, there is no guarantee of success. Investing in startups is always uncertain, and you might lose your money. Even though VC firms try to minimize risks, investing in startups is always uncertain, and you might lose your money.
What is the best country in Europe to set up a VC fund? Luxembourg is ideal for setting up a VC fund in Europe due to its investor-friendly regulations, diverse investment vehicles, and a strong financial sector that supports local and foreign investors. The country's tax efficiency and stability further make it a preferred choice.
Which European cities have the most VC investments? The top cities for VC investments in Europe are London, Paris, Berlin, Amsterdam, and Stockholm. London leads with $22.67B in 2023, followed by Paris and Berlin. These cities are known for strong startup ecosystems and significant funding opportunities.
What is the minimum amount for a VC fund? Venture capital funds usually ask for a minimum investment of $250,000 to $500,000, and sometimes even more. Investing a small amount of money can still cost a lot. These funds are usually only open to wealthy people and big organizations that have a lot of money.
How do I choose a VC fund? To choose a VC fund, check how much experience and success the venture capital firm has had before. Look at the companies they’ve invested in before to see if they match what your business does. This can help you figure out if they’re a good match for you.
Best of luck with your amazing ventures.
Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.
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