There were a total of 61 transactions in the first half, including 29 incubation and seed investments, HVCA said.

First-round investments accounted for 73% of the total volume.

The average transaction size was HUF 328 million, up from HUF 151 mln.

Most of the investments were made in the business and industrial services and the consumer goods and retail sectors.

HVC said 78 exits took place during the period.