Growth of venture capital investments in Hungary exceed regional rivals

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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.

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