Growth of venture capital investments in Hungary exceed regional rivals
Venture capital investments in Hungary grew 92% last year, faster than in any country in the CEE region, the Hungarian Venture Capital Association (HVCA) said yesterday, according to state news agency MTI.
Investment rose from €17 mln in 2013 to €32 mln last year. Approximately one-third of venture capital investments in the region were made in Hungary last year, making it the top country in terms of investment destination.
In 2014, 66 companies in the early stages of development received venture capital funding.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.